LABORA
ActiveSummary
LABORA has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €168k and a net result of €42k. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 52% of 2152 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▼-7
Solvency91▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 3.61 in 2023; short-term debt: 34.4% and cash: 0% of total assets), and 34.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
12 d early
2022
28 d late
2021
11 d early
2020
19 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, abbreviated schema
Equity
€168k▲ 11.2%
2023 · €151k
Total assets
€256k▲ 23.7%
2023 · €207k
Net result
€42k▼ 6.9%
2023 · €45k
Working capital
€164k▲ 12.0%
2023 · €146k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-2k€18k€53k▲ 202%€42k▼ 19.7%€41k▼ 3.9%
Net result€-444€19k€54k▲ 190%€45k▼ 16.3%€42k▼ 6.9%
Equity€34k▼ 1.3%€52k▲ 55.0%€106k▲ 103%€151k▲ 42.4%€168k▲ 11.2%
Total assets€147k▲ 1.9%€172k▲ 16.8%€198k▲ 15.3%€207k▲ 4.7%€256k▲ 23.7%
Debt€113k▲ 2.9%€119k▲ 5.4%€92k▼ 23.1%€56k▼ 38.9%€88k▲ 57.4%
Working capital€32k▼ 1.4%€51k▲ 57.8%€100k▲ 96.8%€146k▲ 46.3%€164k▲ 12.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256k
Fixed assets
€5k ▼ 11.3%
Current assets
€252k ▲ 24.6%
Equity and liabilities €256k
Equity
€168k ▲ 11.2%
Debt
€88k ▲ 57.4%
Debt's share of the balance-sheet total rises from 27.0% to 34.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▼
2023 · €44k
Cash flow
€43k▼
2023 · €46k
Current ratio
2.86▼
2023 · 3.61
Debt to equity
0.52▲
2023 · 0.37
ROE
25.0%▼
2023 · 29.8%
ROA
16.4%▼
2023 · 21.7%
Interest coverage
29.30▲
2023 · 20.12
Debt ≤ 1 year
€88k▲
2023 · €56k
Income taxes
€2k▲
2023 · €136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €884 | €1k | €1k | ▲ 1.2% |
| Other operating charges640/8 | - | €550 | €1k | €932 | €1k | ▲ 10.6% |
| Gross operating margin9900 | €-1k | €18k | €55k | €45k | €43k | ▼ 3.5% |
| Operating profit (loss)9901 | €-2k | €18k | €53k | €42k | €41k | ▼ 3.9% |
| Financial income75/76B | - | €3k | €3k | €5k | €4k | ▼ 8.7% |
| Recurring financial income75 | €3k | €3k | €3k | €5k | €4k | ▼ 8.7% |
| Financial charges65/66B | - | €2k | €2k | €2k | €1k | ▼ 33.9% |
| Recurring financial charges65 | €1k | €2k | €2k | €2k | €1k | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | €-184 | €19k | €54k | €45k | €44k | ▼ 3.0% |
| Income taxes67/77 | €260 | €278 | €170 | €136 | €2k | ▲ 1,279% |
| Profit (loss) for the period9904 | €-444 | €19k | €54k | €45k | €42k | ▼ 6.9% |
| Profit (loss) for the period to be appropriated9905 | €-444 | €19k | €54k | €45k | €42k | ▼ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147k | €172k | €198k | €207k | €256k | ▲ 23.7% |
| Fixed assets21/28 | €2k | €2k | €6k | €5k | €5k | ▼ 11.3% |
| Tangible fixed assets22/27 | €2k | €2k | €6k | €5k | €5k | ▼ 11.3% |
| Plant, machinery and equipment23 | - | €2k | €2k | €2k | €2k | = |
| Furniture and vehicles24 | - | - | €5k | €4k | €3k | ▼ 16.4% |
| Current assets29/58 | €145k | €170k | €191k | €202k | €252k | ▲ 24.6% |
| Amounts receivable within one year40/41 | €145k | €170k | €191k | €202k | €251k | ▲ 24.3% |
| Trade receivables40 | - | €22k | €411 | €182 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €148k | €191k | €202k | €251k | ▲ 24.4% |
| Cash at bank and in hand54/58 | €0 | - | - | €4 | €9 | ▲ 108% |
| Deferred charges and accrued income490/1 | - | €480 | €243 | €201 | €956 | ▲ 376% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147k | €172k | €198k | €207k | €256k | ▲ 23.7% |
| Equity10/15 | €34k | €52k | €106k | €151k | €168k | ▲ 11.2% |
| Contributions10/11 | €211k | €211k | €211k | €211k | €211k | = |
| Capital10 | - | €211k | €211k | €211k | €211k | = |
| Issued capital100 | - | €211k | €211k | €211k | €211k | = |
| Profit (loss) carried forward14 | €-177k | €-158k | €-105k | €-59k | €-42k | ▲ 28.5% |
| Amounts payable17/49 | €113k | €119k | €92k | €56k | €88k | ▲ 57.4% |
| Amounts payable within one year42/48 | €113k | €119k | €92k | €56k | €88k | ▲ 57.4% |
| Financial debts43 | - | €5 | €167 | €0 | - | - |
| Credit institutions430/8 | - | €5 | €167 | €0 | - | - |
| Trade debts44 | €5k | €2k | €4k | €5k | €3k | ▼ 31.6% |
| Suppliers440/4 | - | €2k | €4k | €5k | €3k | ▼ 31.6% |
| Taxes, remuneration and social security45 | - | €5k | €12k | €2k | €13k | ▲ 421% |
| Taxes450/3 | - | €5k | €12k | €2k | €13k | ▲ 421% |
| Other amounts payable47/48 | - | €112k | €75k | €49k | €72k | ▲ 47.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-444 | €19k | €54k | €45k | €42k | ▼ 6.9% |
| + Depreciation and write-downs630 | - | - | €884 | €1k | €1k | ▲ 1.2% |
| Operating cash flow (approximation) | €-444 | €19k | €55k | €46k | €43k | ▼ 6.7% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €0 | €-553 | - |
| Change in cash | - | - | - | - | €5 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €151k ▲42.4%
3 profitable years in a row build equity to €151k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €54k ▲190%
Operating result €53k, net result €54k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲103%
2 profitable years in a row build equity to €106k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-444
Net result drops to €-444, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Show earlier events
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 1984
Ground area
1,486 m²
Building footprint
501 m²
Volume, LiDAR
2,191 m³
Parcel 31522D0953/00P010, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Kwaplasstraat 71, 8820 Torhout
since 19842.026.300.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522D0953/00P010 | Flanders | 1,486 m² | 1 · 501 m² | 8.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 699 companies in sector 86910 we hold annual accounts for 521. 396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-11-1984
Fiscal year end31-12
Activities, NACEBEL 2025
86910Medical imaging and medical laboratories
Scores and ratios are computed by Checked and are not a credit decision.