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LABRIQUE PUBLISHING

Active
Private limited companyfounded 20197 yrs activeAugustin Delportestraat 28, 1050 Elsene, BelgiumKBO/BCE: BE 0719.349.624
Summary

The computed 12-month bankruptcy probability of LABRIQUE PUBLISHING is 3.2% (moderate). The 2024 annual accounts show negative equity (-€60,182) and a net result of -€61,070. Equity is shrinking by ~959.5% per year across the filed fiscal years. Its solvency ranks better than 8% of 1931 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-16
Solvency0▼-26
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 1.06 in 2023; short-term debt: 232.6% and cash: 7.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-147.2%
Return on assets
-149.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€60,182
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
31 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LABRIQUE PUBLISHING was incorporated on 24 January 2019.1 Total assets rose from EUR 25,327 in 2022 to EUR 40,871 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€60,182
2023 · €888
Total assets
€40,871▼ 62.1%
2023 · €107,731
Net result
-€61,070▼ 2,423%
2023 · -€2,420
Working capital
-€54,182
2023 · €6,236
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result-€16,503--€2,374▲ 85.6%-€61,024▼ 2,471%
Net result-€12,545below the sector's middle half--€2,420within the sector's middle half▲ 80.7%-€61,070below the sector's middle half▼ 2,423%
Equity€3,308below the sector's middle half-€888below the sector's middle half▼ 73.2%-€60,182below the sector's middle half
Total assets€25,327below the sector's middle half-€107,731within the sector's middle half▲ 325%€40,871within the sector's middle half▼ 62.1%
Debt€22,019-€106,843▲ 385%€101,053▼ 5.4%
Working capital€8,153within the sector's middle half-€6,236within the sector's middle half▼ 23.5%-€54,182below the sector's middle half
Solvency13.1%below the sector's middle half-0.8%below the sector's middle half▼ 12.2pp-147.2%below the sector's middle half▼ 148.1pp
Current ratio1.51within the sector's middle half-1.06within the sector's middle half▼ 0.450.43below the sector's middle half▼ 0.63
Return on assets (ROA)-49.5%below the sector's middle half--2.2%within the sector's middle half▲ 47.3pp-149.4%below the sector's middle half▼ 147.2pp
above within below the middle half (P25 to P75) of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2022: -€16,503-€16,503Net result 2022: -€12,545-€12,545Operating result 2023: -€2,374-€2,374Net result 2023: -€2,420-€2,420Operating result 2024: -€61,024-€61,024Net result 2024: -€61,070-€61,070202220232024-€80,000-€60,000-€40,000-€20,000€0Operating result 2022: -€16,503-€16,500Net result 2022: -€12,545-€12,500Operating result 2023: -€2,374-€2,370Net result 2023: -€2,420-€2,420Operating result 2024: -€61,024-€61,000Net result 2024: -€61,070-€61,100202220232024
The operating result stays negative: a loss of €61,024 in 2024 against €2,374 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€60,371▼
2023 · -€1,721
Cash flow
-€60,417▼
2023 · -€1,768
Debt to equity
-1.68
Interest coverage
-1303.35▼
2023 · -37.16
Debt ≤ 1 year
€95,053▼
2023 · €100,843
Debt > 1 year
€6,000=
2023 · €6,000
Staff costs
€3,040▼
2023 · €4,128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€107,731€40,871▼
Fixed assets21/28€653-
Tangible fixed assets22/27€653-
Furniture and vehicles24€653-
Current assets29/58€107,078€40,871▼
Amounts receivable within one year40/41€56,993€37,702▼
Trade receivables40€31,505€11,798▼
Other amounts receivable41€25,489€25,905▲
Cash at bank and in hand54/58€49,085€3,168▼
Deferred charges and accrued income490/1€1,000-
Equity and liabilities
Total equity and liabilities10/49€107,731€40,871▼
Equity10/15€888-€60,182▼
Contributions10/11€200€200=
Reserves13€20€20=
Distributable reserves133€20€20=
Profit (loss) carried forward14€668-€60,402▼
Amounts payable17/49€106,843€101,053▼
Amounts payable after more than one year17€6,000€6,000=
Other amounts payable178/9€6,000€6,000=
Amounts payable within one year42/48€100,843€95,053▼
Trade debts44€79,344€43,020▼
Suppliers440/4€79,344€43,020▼
Taxes, remuneration and social security45€7,724€16,371▲
Taxes450/3€4,095€3,943▼
Remuneration and social security454/9€3,629€12,429▲
Other amounts payable47/48€13,774€35,661▲
Income statement Code20232024
Remuneration, social security and pensions62€4,128€3,040▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€653€653=
Other operating charges640/8€498€451▼
Gross operating margin9900€2,905-€56,880▼
Operating profit (loss)9901-€2,374-€61,024▼
Financial charges65/66B€46€46=
Recurring financial charges65€46€46=
Profit (loss) for the period before taxes9903-€2,420-€61,070▼
Profit (loss) for the period9904-€2,420-€61,070▼
Profit (loss) for the period to be appropriated9905-€2,420-€61,070▼
Appropriation of the result
Profit (loss) to be appropriated9906€668-€60,402▼
Profit (loss) brought forward from the previous period14P€3,088€668▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62-€4,128€3,040▼ 26.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€653€653€653=
Other operating charges640/8€648€498€451▼ 9.4%
Gross operating margin9900-€15,203€2,905-€56,880▼ 2,058%
Operating profit (loss)9901-€16,503-€2,374-€61,024▼ 2,471%
Financial income75/76B€4,000---
Recurring financial income75€4,000---
Financial charges65/66B€42€46€46=
Recurring financial charges65€42€46€46=
Profit (loss) for the period before taxes9903-€12,545-€2,420-€61,070▼ 2,423%
Profit (loss) for the period9904-€12,545-€2,420-€61,070▼ 2,423%
Profit (loss) for the period to be appropriated9905-€12,545-€2,420-€61,070▼ 2,423%
Line202220232024Change
Assets
Total assets20/58€25,327€107,731€40,871▼ 62.1%
Fixed assets21/28€1,305€653--
Tangible fixed assets22/27€1,305€653--
Furniture and vehicles24€1,305€653--
Current assets29/58€24,022€107,078€40,871▼ 61.8%
Amounts receivable within one year40/41€15,660€56,993€37,702▼ 33.8%
Trade receivables40€11,798€31,505€11,798▼ 62.6%
Other amounts receivable41€3,863€25,489€25,905▲ 1.6%
Cash at bank and in hand54/58€8,361€49,085€3,168▼ 93.5%
Deferred charges and accrued income490/1-€1,000--
Equity and liabilities
Total equity and liabilities10/49€25,327€107,731€40,871▼ 62.1%
Equity10/15€3,308€888-€60,182▼ 6,875%
Contributions10/11€200€200€200=
Reserves13€20€20€20=
Distributable reserves133€20€20€20=
Profit (loss) carried forward14€3,088€668-€60,402▼ 9,139%
Amounts payable17/49€22,019€106,843€101,053▼ 5.4%
Amounts payable after more than one year17€6,000€6,000€6,000=
Other amounts payable178/9€6,000€6,000€6,000=
Amounts payable within one year42/48€15,869€100,843€95,053▼ 5.7%
Trade debts44-€79,344€43,020▼ 45.8%
Suppliers440/4-€79,344€43,020▼ 45.8%
Taxes, remuneration and social security45€2,094€7,724€16,371▲ 112%
Taxes450/3€115€4,095€3,943▼ 3.7%
Remuneration and social security454/9€1,979€3,629€12,429▲ 243%
Other amounts payable47/48€13,774€13,774€35,661▲ 159%
Accrued charges and deferred income492/3€150---
Line202220232024Change
Profit (loss) for the period9904-€12,545-€2,420-€61,070▼ 2,423%
+ Depreciation and write-downs630€653€653€653=
Operating cash flow (approximation)-€11,892-€1,768-€60,417▼ 3,318%
Investment in fixed assets (approximation)-€0--
Change in cash-€40,724-€45,917▼ 213%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Weakest financial yearnet -€61,070
Net result drops to -€61,070, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro 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, Elsene · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
119 m²
Building footprint
187 m²
Volume, LiDAR
2,168 m³
Parcel 21443C0219/00D016, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
Labrique Publishing
Augustin Delportestraat 28, 1050 ElseneBook publishing
since 20192.286.456.977
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21443C0219/00D016 Brussels 119 m² 1 · 187 m² 19.4 m · 5 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.

Similar companies · same sector, comparable size

Of 594 companies in sector 59203 we hold annual accounts for 196. 31 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
59203Motion picture, video and television programme production, sound recording and music publishing activities
58110Book publishing
59130Motion picture, video and television programme production, sound recording and music publishing activities
90202Performing arts by artistic ensembles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0719349624
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.