LABSCAPE STUDIO
ActiveSummary
LABSCAPE STUDIO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338,225 and a net result of -€15,494. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 64% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-11-2014 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 5 others
- Establishment unit
- 2.238.972.509 1050 Elsene, since 28-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 02-03-2026
Board and ownership
- TANGORRA TeclaDirector
- VERBAEYS Antony Stefaan DavidDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€8,639
- Loss
- €15,494
- Equity
- €338,225
- ▼ 21.3%
- Total assets
- €490,994
- ▼ 6.8%
Score breakdownraises riskLoss of €15,494 (financial year 2025)lowers riskSize: total assets €490,994Sector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 27-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 64% of them on solvency, 37% on liquidity, 12% on profitability and 22% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 11 filings
Every figure per financial year
The operating result for 2025 is a loss of €12,358, after a profit of €31,623 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,852 | - | €6,952 | €3,577 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,635 | €1,733 | €725 | €2,072 | €3,307 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,484 | €3,918 | €5,446 | €2,635 | €1,733 | €725 | €2,072 | €3,307 | ▲ 59.6% |
| Other operating charges640/8 | - | - | - | €15,775 | €348 | €384 | €894 | €412 | ▼ 53.9% |
| Gross operating margin9900 | €15,533 | €100,078 | €51,109 | €185,745 | €86,801 | €37,836 | €34,589 | -€8,639 | - |
| Operating profit (loss)9901 | €9,596 | €95,712 | €31,507 | €167,335 | €84,721 | €36,726 | €31,623 | -€12,358 | - |
| Financial income75/76B | - | - | - | €16,720 | €21,617 | €6,314 | €11,842 | €1,939 | ▼ 83.6% |
| Recurring financial income75 | €2,044 | €1,642 | €1,812 | €16,720 | €21,617 | €6,314 | €11,842 | €1,939 | ▼ 83.6% |
| Financial charges65/66B | - | - | - | €2,547 | €6,557 | €4,177 | €787 | €730 | ▼ 7.2% |
| Recurring financial charges65 | €4,927 | €3,641 | €19,603 | €2,547 | €6,557 | €4,177 | €787 | €730 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €4,812 | €93,713 | €13,716 | €181,508 | €99,781 | €38,863 | €42,679 | -€11,149 | - |
| Income taxes67/77 | €2,237 | €31,998 | €8,703 | €47,400 | €26,154 | €13,005 | €9,687 | €4,345 | ▼ 55.2% |
| Profit (loss) for the period9904 | €2,575 | €61,714 | €5,013 | €134,108 | €73,627 | €25,859 | €32,992 | -€15,494 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €21,360 | €0 | €58,940 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €58,940 | €48,415 | €0 | €31,575 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €2,575 | €76,004 | €51,513 | €75,168 | €25,212 | €47,219 | €1,417 | €43,446 | ▲ 31× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €224,986 | €369,935 | €347,574 | €676,512 | €526,021 | €554,264 | €526,687 | €490,994 | ▼ 6.8% |
| Fixed assets21/28 | €8,917 | €4,999 | €4,377 | €1,742 | €1,861 | €1,136 | €6,017 | €6,286 | ▲ 4.5% |
| Intangible fixed assets21 | €3,000 | €2,000 | €1,000 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €5,837 | €2,919 | €3,377 | €1,742 | €1,861 | €1,136 | €6,017 | €6,286 | ▲ 4.5% |
| Furniture and vehicles24 | - | - | - | €1,742 | €1,861 | €1,136 | €6,017 | €6,286 | ▲ 4.5% |
| Financial fixed assets28 | €80 | €80 | - | - | - | - | - | - | - |
| Current assets29/58 | €216,069 | €364,937 | €343,196 | €674,769 | €524,160 | €553,127 | €520,670 | €484,708 | ▼ 6.9% |
| Amounts receivable within one year40/41 | €106,158 | €131,551 | €86,978 | €101,134 | €180,104 | €287,478 | €243,197 | €343,864 | ▲ 41.4% |
| Trade receivables40 | - | - | - | €21,863 | €6,152 | €120,276 | €68,027 | €163,266 | ▲ 140% |
| Other amounts receivable41 | - | - | - | €79,271 | €173,952 | €167,201 | €175,170 | €180,598 | ▲ 3.1% |
| Current investments50/53 | €34,420 | €32,767 | €29,832 | €108,293 | €26,786 | €30,984 | €39,483 | €80,407 | ▲ 104% |
| Cash at bank and in hand54/58 | €64,741 | €197,390 | €188,120 | €464,203 | €310,939 | €231,933 | €231,464 | €54,748 | ▼ 76.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,139 | €6,331 | €2,732 | €6,527 | €5,690 | ▼ 12.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €224,986 | €369,935 | €347,574 | €676,512 | €526,021 | €554,264 | €526,687 | €490,994 | ▼ 6.8% |
| Equity10/15 | €176,118 | €237,832 | €164,130 | €298,238 | €371,865 | €396,732 | €429,723 | €338,225 | ▼ 21.3% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €163,718 | €225,432 | €151,730 | €285,838 | €359,465 | €384,332 | €417,323 | €325,825 | ▼ 21.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €80,300 | €128,715 | €107,355 | €138,930 | €79,990 | ▼ 42.4% |
| Distributable reserves133 | - | - | - | €203,678 | €228,890 | €275,117 | €278,393 | €245,835 | ▼ 11.7% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €48,869 | €132,103 | €183,444 | €378,274 | €154,156 | €157,532 | €96,963 | €152,769 | ▲ 57.6% |
| Amounts payable within one year42/48 | €48,710 | €70,353 | €143,572 | €336,437 | €116,322 | €157,532 | €96,963 | €152,769 | ▲ 57.6% |
| Financial debts43 | - | - | - | - | €672 | €417 | €152 | €189 | ▲ 24.6% |
| Credit institutions430/8 | - | - | - | - | €672 | €417 | €152 | €189 | ▲ 24.6% |
| Trade debts44 | €36,056 | €51,940 | €33,399 | €21,556 | €27,850 | €90,080 | €10,272 | €41,345 | ▲ 302% |
| Suppliers440/4 | - | - | - | €21,556 | €27,850 | €90,080 | €10,272 | €41,345 | ▲ 302% |
| Taxes, remuneration and social security45 | - | - | - | €161,770 | €63,802 | €58,143 | €81,093 | €83,725 | ▲ 3.2% |
| Taxes450/3 | - | - | - | €161,770 | €63,802 | €58,143 | €81,093 | €83,725 | ▲ 3.2% |
| Other amounts payable47/48 | - | - | - | €153,111 | €23,997 | €8,893 | €5,447 | €27,510 | ▲ 405% |
| Accrued charges and deferred income492/3 | - | - | - | €41,836 | €37,834 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,575 | €61,714 | €5,013 | €134,108 | €73,627 | €25,859 | €32,992 | -€15,494 | - |
| + Depreciation and write-downs630 | €5,484 | €3,918 | €5,446 | €2,635 | €1,733 | €725 | €2,072 | €3,307 | ▲ 59.6% |
| Operating cash flow (approximation) | €8,059 | €65,633 | €10,459 | €136,743 | €75,360 | €26,583 | €35,063 | -€12,187 | - |
| Investment in fixed assets (approximation) | - | €0 | -€4,824 | €0 | -€1,852 | €0 | -€6,952 | -€3,577 | ▲ 48.6% |
| Change in cash | - | €132,649 | -€9,270 | €276,083 | -€153,265 | -€79,006 | -€469 | -€176,716 | ▼ 37,570% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,686 companies had the same profile as LABSCAPE STUDIO has now. Two years later, 93.7% were still going and 0.6% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LABSCAPE STUDIO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 2,686 companies, not a prediction for LABSCAPE STUDIO. 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.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00360689 | |
| 31-12-2024 | abbreviated format | 27-07-2025 | 2025-00314405 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00390978 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00451339 | |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20061478 | |
| 31-12-2020 | micro format | 08-06-2021 | 2021-19300331 | |
| 31-12-2019 | micro format | 01-07-2020 | 2020-26000526 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-18600339 | |
| 31-12-2017 | micro format | 14-06-2018 | 2018-18400122 | |
| 31-12-2016 | micro format | 13-07-2017 | 2017-30800119 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-03-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TANGORRA Tecla |
|
| VERBAEYS Antony Stefaan David |
|
Network & group
LABSCAPE STUDIO shares no director with another company.
Companies at the same address
7 other companies- MINA Establishment · since 2026 1005600087
- TOV Registered office · since 2025 1028188221
- Gestions Multi services Establishment · since 2025 1018834748
- Le Boucq de Beaudignies, Marine (sole trader) Establishment · since 2023 0799954743
- Alexandre, Morgane (sole trader) Establishment · since 2019 0736358375
- Association des copropriétaires de la Résidence BRASSERIE 25-27 sise à Ixelles, rue de la Brasserie 25 et 27/+27/27A Registered office · since 2010 0831107876
- LUCILIA CAESAR Registered office · since 2009 0452010496
Connections & network
2 current directorsThe network starts from the directors of LABSCAPE STUDIO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-03
Gazette deed
Company renamed from LABSCAPE DESIGN & ARCHITECTURE to LABSCAPE STUDIOChanges of role: TANGORRA Tecla (director) and VERBAEYS Antony Stefaan David (director) · Capital conversion · Reserve release18 points ▸
- General meeting, 13-03-2024
- Other provision, “adaptation des statuts au Code des sociétés et des associations et maintien de la forme légale, société à responsabilité limitée (en abrégé SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible et mise en distribution, supprimer le compte créé en application de l’article 39,§2,deuxiè…” (deed in French)
- Director resignation, TANGORRA Tecla (manager)
- Director resignation, VERBAEYS Antony Stefaan David (manager)
- Director appointment, TANGORRA Tecla (director (not named in the articles))
- Director appointment, VERBAEYS Antony Stefaan David (director (not named in the articles))
- Registered office clause, “1050 Ixelles,Rue de la Brasserie 25 boîte 10, A.4.Quatrième résolution” (deed in French)
- Name change, LABSCAPE STUDIO
- Other provision, “connaissance des exigences de dénomination, dénomination doit être différente de celle de toute autre personne morale” (deed in French)
- Approval, “rapport de l’organe d’administration établi conformément à l'article 5:101 du Code des sociétés et des associations justifiant la modification de l'objet, A.6.S…” (deed in French)
- The act holds 6 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21443C0007/00E007 | Brussels | 861 m² | 1 · 103 m² | 20.3 m · 6 |