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LABOU

Active
Private limited companyfounded 1990active for 35 yearsSint-Annadreef 70, 1020 Brussel, BelgiumKBO/BCE: BE 0442.400.766

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00493234.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 33 filings

Turnover
€22,094
EBIT margin
-12.4%
Net result
€3,162
2024 · -€9,169
Working capital
-€23,688▼ 1,082%
2024 · -€2,004
Trend over the years

2020 to 2025, 5 financial years 2018 to 2025, 7 financial years

The operating result for 2025 is a profit of €3,250, after a loss of €9,078 in 2024.

Operating result€3,250 2025 Net result€3,162 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202320242025
Turnover€22,094-
Operating result€197-€86▼ 56.3%-€7,181€6,920-€2,742--€9,078▼ 231%€3,250
Net result€197-€86▼ 56.3%-€7,181below the sector's middle half€6,920within the sector's middle half-€2,824below the sector's middle half--€9,169below the sector's middle half▼ 225%€3,162within the sector's middle half
EBIT margin-12.4%-
Equity€19,559-€19,645▲ 0.4%€12,464within the sector's middle half▼ 36.6%€19,385within the sector's middle half▲ 55.5%€18,002within the sector's middle half-€18,002within the sector's middle half=€21,163within the sector's middle half▲ 17.6%
Total assets€42,543-€34,989▼ 17.8%€40,984within the sector's middle half▲ 17.1%€35,902below the sector's middle half▼ 12.4%€30,042below the sector's middle half-€32,336below the sector's middle half▲ 7.6%€51,037within the sector's middle half▲ 57.8%
Debt€22,984-€15,344▼ 33.2%€28,519▲ 85.9%€16,518▼ 42.1%€12,040-€14,334▲ 19.1%€29,874▲ 108%
Working capital-€19,980--€12,624▲ 36.8%-€25,063below the sector's middle half▼ 98.5%-€15,637below the sector's middle half▲ 37.6%-€7,010within the sector's middle half--€2,004within the sector's middle half▲ 71.4%-€23,688below the sector's middle half▼ 1,082%
Solvency46.0%-56.1%▲ 10.2pp30.4%within the sector's middle half▼ 25.7pp54.0%within the sector's middle half▲ 23.6pp59.9%within the sector's middle half-55.7%within the sector's middle half▼ 4.3pp41.5%within the sector's middle half▼ 14.2pp
Current ratio0.13-0.18▲ 0.050.12below the sector's middle half▼ 0.060.05below the sector's middle half▼ 0.070.42below the sector's middle half-0.86within the sector's middle half▲ 0.440.21below the sector's middle half▼ 0.65
Return on assets (ROA)0.5%-0.2%▼ 0.2pp-17.5%below the sector's middle half▼ 17.8pp19.3%above the sector's middle half▲ 36.8pp-9.4%below the sector's middle half--28.4%below the sector's middle half▼ 19.0pp6.2%within the sector's middle half▲ 34.5pp
above within below The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51,037
Fixed assets €44,851 ▲ 124%
Current assets €6,186 ▼ 49.8%
Equity and liabilities €51,037
Equity €21,163 ▲ 17.6%
Debt €29,874 ▲ 108%
Debt's share of the balance-sheet total rises from 44.3% to 58.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,008▲
2024 · -€4,072
Cash flow
€15,920▲
2024 · -€4,163
Debt to equity
1.41▲
2024 · 0.80
ROE
14.9%▲
2024 · -50.9%
Interest coverage
over 100▲
2024 · -44.01
Debt ≤ 1 year
€29,874▲
2024 · €14,334
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2021202320242025
Tangible fixed assets---€37,603
Depreciation and write-downs of the year€2,506€5,006€5,006€12,758

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LABOU: on-demand passenger transport by chauffeured vehicle (NACE 49330). They are comparable in size and age: total assets between €49,300 and €62,300, founded between 1986 and 1994.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
LABOU Brussel1990€51,037€21,163€20,380-€3,1622025
AZITA Anderlecht1989€51,499-€16,583€18,520-€7,2722025
MADJI Vorst1993€52,111€49,015€16,028€64,069€6,7622025
TAXIDELUX Vilvoorde1986€49,307€42,890€18,258-€2,7222024
BMS CORP Brussel1994€57,668€39,988€23,874-€9,2962025
NABAU Schaarbeek1991€62,280€32,568€20,674€59,495€1,5772025
LAMTAX Anderlecht1991€61,446€42,935€17,723--€4,8702025

They were chosen from the 2,367 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as LABOU has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LABOU itself is higher: 1.2% within 12 months. It rests on far more data about LABOU than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for LABOU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€32,336€51,037▲
Fixed assets21/28€20,006€44,851▲
Intangible fixed assets21€17,500€15,000▼
Tangible fixed assets22/27€2,506€29,851▲
Furniture and vehicles24€2,506€29,851▲
Current assets29/58€12,330€6,186▼
Amounts receivable within one year40/41€3,356€1,645▼
Trade receivables40€1,635€1,217▼
Other amounts receivable41€1,721€428▼
Cash at bank and in hand54/58€8,465€3,796▼
Deferred charges and accrued income490/1€510€745▲
Equity and liabilities
Total equity and liabilities10/49€32,336€51,037▲
Equity10/15€18,002€21,163▲
Contributions10/11€18,592€18,592=
Reserves13€372€372=
Non-distributable reserves130/1€372€372=
Reserves not available under the articles1311€372€372=
Profit (loss) carried forward14-€962€2,199▲
Amounts payable17/49€14,334€29,874▲
Amounts payable within one year42/48€14,334€29,874▲
Trade debts44€1,974€659▼
Suppliers440/4€1,974€659▼
Other amounts payable47/48€12,361€29,215▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,006€12,758▲
Other operating charges640/8€2,017€4,373▲
Gross operating margin9900-€2,056€20,380▲
Operating profit (loss)9901-€9,078€3,250▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€93€88▼
Recurring financial charges65€93€88▼
Profit (loss) for the period before taxes9903-€9,169€3,162▲
Profit (loss) for the period9904-€9,169€3,162▲
Profit (loss) for the period to be appropriated9905-€9,169€3,162▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,131€2,199▲
Profit (loss) brought forward from the previous period14P-€962-€962=
Shareholders' contribution to the loss794€9,169-

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2018201920202021202320242025Change
Turnover70----€22,094---
Goods, raw materials, services and sundry goods60/61----€18,320---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,713€7,270€7,269€2,506€5,006€5,006€12,758▲ 155%
Other operating charges640/8---€348€1,511€2,017€4,373▲ 117%
Gross operating margin9900€9,258€7,703€436€9,773€3,775-€2,056€20,380-
Operating profit (loss)9901€197€86-€7,181€6,920-€2,742-€9,078€3,250-
Financial income75/76B-----€2--
Recurring financial income75-----€2--
Financial charges65/66B----€81€93€88▼ 4.7%
Recurring financial charges65----€81€93€88▼ 4.7%
Profit (loss) for the period before taxes9903€197€86-€7,181€6,920-€2,824-€9,169€3,162-
Profit (loss) for the period9904€197€86-€7,181€6,920-€2,824-€9,169€3,162-
Profit (loss) for the period to be appropriated9905€197€86-€7,181€6,920-€2,824-€9,169€3,162-
Line2018201920202021202320242025Change
Assets
Total assets20/58€42,543€34,989€40,984€35,902€30,042€32,336€51,037▲ 57.8%
Fixed assets21/28€39,539€32,269€37,528€35,022€25,011€20,006€44,851▲ 124%
Intangible fixed assets21€25,000€25,000€25,000€25,000€20,000€17,500€15,000▼ 14.3%
Tangible fixed assets22/27€14,539€7,269€12,528€10,022€5,011€2,506€29,851▲ 12×
Furniture and vehicles24---€10,022€5,011€2,506€29,851▲ 12×
Current assets29/58€3,004€2,719€3,456€880€5,030€12,330€6,186▼ 49.8%
Amounts receivable within one year40/41€2,296€2,539€2,747€880€707€3,356€1,645▼ 51.0%
Trade receivables40-----€1,635€1,217▼ 25.6%
Other amounts receivable41---€880€707€1,721€428▼ 75.1%
Cash at bank and in hand54/58€708€180€710-€3,814€8,465€3,796▼ 55.2%
Deferred charges and accrued income490/1----€510€510€745▲ 46.2%
Equity and liabilities
Total equity and liabilities10/49€42,543€34,989€40,984€35,902€30,042€32,336€51,037▲ 57.8%
Equity10/15€19,559€19,645€12,464€19,385€18,002€18,002€21,163▲ 17.6%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592=
Reserves13€372€372€372€372€372€372€372=
Non-distributable reserves130/1---€372€372€372€372=
Reserves not available under the articles1311---€372€372€372€372=
Profit (loss) carried forward14€595€681-€6,499€421-€962-€962€2,199-
Amounts payable17/49€22,984€15,344€28,519€16,518€12,040€14,334€29,874▲ 108%
Amounts payable within one year42/48€22,984€15,344€28,519€16,518€12,040€14,334€29,874▲ 108%
Trade debts44-€538€712€538-€1,974€659▼ 66.6%
Suppliers440/4---€538-€1,974€659▼ 66.6%
Taxes, remuneration and social security45----€179---
Remuneration and social security454/9----€179---
Other amounts payable47/48---€15,979€11,861€12,361€29,215▲ 136%
Line2018201920202021202320242025Change
Profit (loss) for the period9904€197€86-€7,181€6,920-€2,824-€9,169€3,162-
+ Depreciation and write-downs630€8,713€7,270€7,269€2,506€5,006€5,006€12,758▲ 155%
Operating cash flow (approximation)€8,910€7,356€89€9,426€2,182-€4,163€15,920-
Investment in fixed assets (approximation)-€0-€12,528€0-€0-€37,603-
Change in cash--€528€529--€4,651-€4,669-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00493234 NBB
31-12-2024 micro format 09-10-2025 2025-00542261 PDF
31-12-2023 micro format 21-09-2024 2024-00470125 PDF
31-12-2021 micro format 18-08-2022 2022-20298398 PDF
31-12-2020 micro format 30-07-2021 2021-43500318 PDF
31-12-2019 micro format 31-07-2020 2020-37500052 PDF
31-12-2018 micro format 09-09-2019 2019-63700409 PDF
31-12-2017 micro format 24-08-2018 2018-49400243 PDF
31-12-2016 micro format 23-08-2017 2017-46800374 PDF
31-12-2015 full format 30-07-2016 2016-38400028 PDF

Show all 33 filings

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