LABRUM
ActiveSummary
LABRUM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,382 and a net result of €5,917. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 16% of 1,298 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Staff
- 19.2 FTE
- Equity
- €153,382
- Profit
- €5,917
- Parent
- ADV Automotive Group
- Benjamin AbeloosDirector
- Geoffrey VanspringelDirector
Why 64raises riskEquity €153,382 (7.9% of total assets)Liquidity: current ratio 0.95, cash €63,198Size: 19.2 FTE, total assets €1.9mlowers riskFounded in 2009Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, small): better than 17% on solvency, 5% on liquidity, 22% on profitability and 51% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Appointment: Van de Vyver & Parmentier…Permanent representatives: Maximilien Van de…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: BV ADV Automotive Group (managing…Permanent representative: Benedictus De Groof…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 27% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95.6% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 74.5% 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 1,448 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.01m | €0 | - | €0.001m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0.7m | €0.8m | €0.8m | €0.9m | €1.0m | ▲ 12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.08m | €0.08m | €0.09m | €0.08m | €0.07m | €0.06m | €0.05m | ▼ 21.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.004m | -€0.001m | €0.001m | €0 | - | - |
| Other operating charges640/8 | - | - | - | €0.008m | €0.004m | €0.003m | €0.008m | €0.005m | ▼ 38.9% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.005m | - |
| Gross operating margin9900 | €0.7m | €0.8m | €0.7m | €0.8m | €0.9m | €0.9m | €1.0m | €1.1m | ▲ 6.9% |
| Operating profit (loss)9901 | €0.01m | €0.02m | -€0.04m | €0.02m | €0.04m | €0.05m | €0.09m | €0.06m | ▼ 27.4% |
| Financial income75/76B | - | - | - | €0.01m | €241 | €381 | €38 | €116 | ▲ 207% |
| Recurring financial income75 | €0.004m | €69 | €0.003m | €0.01m | €241 | €381 | €38 | €116 | ▲ 207% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.03m | €0.04m | €0.05m | ▲ 27.1% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.01m | €0.02m | €0.02m | €0.03m | €0.04m | €0.05m | ▲ 27.1% |
| Profit (loss) for the period before taxes9903 | -€0.002m | €0.01m | -€0.05m | €0.01m | €0.02m | €0.02m | €0.05m | €0.02m | ▼ 68.3% |
| Income taxes67/77 | €0.003m | €0.008m | €358 | €0.005m | €0.01m | €0.009m | €0.02m | €0.01m | ▼ 47.4% |
| Profit (loss) for the period9904 | -€0.006m | €0.004m | -€0.05m | €0.008m | €0.008m | €0.006m | €0.03m | €0.006m | ▼ 80.9% |
| Profit (loss) for the period to be appropriated9905 | -€0.006m | €0.004m | -€0.05m | €0.008m | €0.008m | €0.006m | €0.03m | €0.006m | ▼ 80.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.2m | €1.7m | €1.7m | €1.5m | €1.9m | ▲ 32.5% |
| Fixed assets21/28 | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 11.3% |
| Intangible fixed assets21 | €0.2m | €0.1m | €0.1m | €0.08m | €0.05m | €0.02m | €0 | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 11.3% |
| Plant, machinery and equipment23 | - | - | - | €0.06m | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 5.3% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.004m | €0.003m | €0.001m | €0.001m | ▼ 10.8% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.1m | €0.08m | €0.07m | €0.06m | ▼ 14.6% |
| Other tangible fixed assets26 | - | - | - | - | €0.01m | €0.01m | €0.01m | €0.04m | ▲ 234% |
| Financial fixed assets28 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.6m | €0.7m | €0.8m | €0.9m | €1.4m | €1.4m | €1.2m | €1.7m | ▲ 36.3% |
| Stocks and contracts in progress3 | €0.4m | €0.3m | €0.3m | €0.3m | €0.6m | €0.5m | €0.6m | €0.8m | ▲ 37.5% |
| Stocks30/36 | - | - | - | €0.3m | €0.6m | €0.5m | €0.6m | €0.8m | ▲ 37.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.4m | €0.4m | €0.5m | €0.6m | €0.8m | €0.6m | €0.8m | ▲ 35.4% |
| Trade receivables40 | - | - | - | €0.5m | €0.6m | €0.8m | €0.6m | €0.8m | ▲ 35.4% |
| Other amounts receivable41 | - | - | - | €0 | €0.009m | €0.008m | €0.009m | €0.01m | ▲ 31.2% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.1m | €0.01m | €0.2m | €0.05m | €0.04m | €0.06m | ▲ 76.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 37.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.2m | €1.7m | €1.7m | €1.5m | €1.9m | ▲ 32.5% |
| Equity10/15 | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 4.0% |
| Contributions10/11 | €0.04m | €0.04m | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.1m | €0.1m | €0.05m | €0.06m | €0.07m | €0.08m | €0.1m | €0.1m | ▲ 5.5% |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.004m | €0.004m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.06m | €0.07m | €0.08m | €0.1m | €0.1m | ▲ 5.5% |
| Amounts payable17/49 | €0.9m | €0.9m | €1.0m | €1.0m | €1.6m | €1.6m | €1.3m | €1.8m | ▲ 35.7% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.1m | €0.2m | €0.1m | €0.05m | €0.02m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0.2m | €0.1m | €0.05m | €0.02m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €0.8m | €0.9m | €1.5m | €1.5m | €1.3m | €1.8m | ▲ 37.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.06m | €0.05m | €0.03m | €0.02m | ▼ 50.1% |
| Financial debts43 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.1% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.1% |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | €0.5m | €0.2m | €0.3m | ▲ 46.2% |
| Suppliers440/4 | - | - | - | €0.3m | €0.5m | €0.5m | €0.2m | €0.3m | ▲ 46.2% |
| Advances received on contracts in progress46 | - | - | - | €157 | €0.002m | €0.002m | €0.001m | €0.002m | ▲ 50.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.07m | €0.1m | €0.1m | ▲ 25.0% |
| Taxes450/3 | - | - | - | €0.02m | €0.01m | €0 | - | €0.006m | - |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.07m | €0.1m | €0.1m | ▲ 18.7% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.6m | €0.7m | €0.8m | €1.2m | ▲ 49.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €148 | €194 | €196 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,607 | €4,167 | -€47,471 | €7,665 | €8,421 | €6,333 | €31,044 | €5,917 | ▼ 80.9% |
| + Depreciation and write-downs630 | €95,260 | €84,226 | €84,968 | €89,649 | €83,899 | €68,222 | €57,442 | €45,386 | ▼ 21.0% |
| Operating cash flow (approximation) | €89,653 | €88,393 | €37,497 | €97,314 | €92,321 | €74,555 | €88,486 | €51,303 | ▼ 42.0% |
| Investment in fixed assets (approximation) | - | €14,725 | -€27,501 | -€108,924 | -€101,680 | -€23,988 | -€11,110 | -€70,064 | ▼ 531% |
| Change in cash | - | -€25,379 | €100,335 | -€101,915 | €199,698 | -€166,835 | -€11,984 | €27,468 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00281288 |
| 31-12-2024 | abbreviated format | 01-07-2025 | 2025-00218125 |
| 31-12-2023 | abbreviated format | 11-06-2024 | 2024-00125361 |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00145247 |
| 31-12-2021 | abbreviated format | 14-06-2022 | 2022-20064799 |
| 31-12-2020 | abbreviated format | 15-06-2021 | 2021-20000362 |
| 31-12-2019 | abbreviated format | 17-06-2020 | 2020-18200098 |
| 31-12-2018 | abbreviated format | 25-06-2019 | 2019-23200568 |
| 31-12-2017 | abbreviated format | 18-07-2018 | 2018-35200351 |
| 31-12-2016 | abbreviated format | 02-06-2017 | 2017-15300486 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €14,998 awarded · €14,998 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Permanent representatives 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Benjamin Abeloos |
|
| Geoffrey Vanspringel |
|
| BV ADV Automotive Group |
|
| Van de Vyver & Parmentier Bedrijfsrevisoren BV |
|
| Benedictus De Groof |
|
| Geert De Backer |
|
Owners and capital
Owners
1 ownerChain of control
- ADV Automotive Group
- LABRUM
Highest known parent: ADV Automotive Group. The sources do not say who stands above it.
Owners 1
- ADV Automotive Groupconsolidating parentconsolidates
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- De aandeelhouder all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-09
Gazette deed
Appointment: Van de Vyver & Parmentier Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Maximilien Van de Vyver and Benedictus De Groof4 facts ▸
- General meeting, 30-06-2026
- Auditor appointment, Van de Vyver & Parmentier Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Maximilien Van de Vyver
- Permanent representative, Benedictus De Groof
06-05
Gazette deed
Appointment: BV ADV Automotive Group (managing director)Permanent representative: Benedictus De Groof · Resignation: Benedictus De Groof (managing director) · Shareholding6 facts ▸
- Board meeting, 24-02-2026
- Director appointment, BV ADV Automotive Group (managing director)
- Permanent representative, Benedictus De Groof
- Other provision, “kennisname vereniging van alle aandelen in één hand en publicatie, artikelen 2:8,§4 en 2:14 van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Director resignation, Benedictus De Groof (managing director)
- Shareholding, De aandeelhouder
04-02
Gazette deed
Resignations: Benedictus De Groof (director) and Geert De Backer (director)Appointments: Benedictus De Groof, Benjamin Abeloos and Geoffrey Vanspringel6 facts ▸
- General meeting, 18-12-2025
- Director resignation, Benedictus De Groof (director)
- Director resignation, Geert De Backer (director)
- Director appointment, Benedictus De Groof (managing director)
- Director appointment, Benjamin Abeloos (director)
- Director appointment, Geoffrey Vanspringel (director)
17-10
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: DE GROOF Benedictus (manager) · Appointments: DE GROOF Benedictus (director) and DE BACKER Geert (director) · Incorporation15 facts ▸
- General meeting, 05-10-2023
- Incorporation, 08-01-2009
- Other provision, “statutenwijzigingen tot op heden” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “overeenkomstig vormen en meerderheden van statutenwijziging, middelen beschikbaar voor uitkering, niet vermelden in statuten” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, DE GROOF Benedictus (manager)
- Director appointment, DE GROOF Benedictus (director (not named in the articles))
- Director appointment, DE BACKER Geert (director (not named in the articles))
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Dual-learning approval
6 live approvals · 1 endedShow 1 ended approval
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
3 establishment units
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46003B0709/00C003 | Flanders | 1.1 ha | 1 · 4,447 m² | 10.1 m · 2 |
| 11807G1492/00C006 | Flanders | 9,247 m² | 1 · 4,863 m² | 11.6 m · 3 |
| 46442C0417/00G000 | Flanders | 6,493 m² | 1 · 2,826 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- LABRUM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Bijlagen bij het Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meerdere bestuurders, Bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 10:00