LABYRINTH ALGEMENE BOUWONDERNEMING
ActiveThe computed 12-month bankruptcy probability of LABYRINTH ALGEMENE BOUWONDERNEMING is 2.1% (moderate). The 2024 annual accounts show equity of €31k and a net result of €2k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 9980 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
61
/ 100
Healthy▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability26▲+4
Solvency62▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.31 in 2023), and 66.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
33.3%
Return on assets
1.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
29 d early
2022
32 d early
2021
38 d early
2020
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 5.4%
2023 · €30k
2020: €20k
2021: €25k
2022: €28k
2023: €30k
2020 → 2024
Total assets
€93k▼ 21.1%
2023 · €118k
2020: €33k
2021: €56k
2022: €67k
2023: €118k
2020 → 2024
Net result
€2k▲ 22.8%
2023 · €1k
2020: €995
2021: €5k
2022: €3k
2023: €1k
2020 → 2024
Working capital
€26k▼ 4.4%
2023 · €27k
2020: €13k
2021: €20k
2022: €28k
2023: €27k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€25k▲ 27.5%€28k▲ 12.0%€30k▲ 4.6%€31k▲ 5.4%
Operating result€2k-€9k▲ 448%€6k▼ 31.4%€4k▼ 35.0%€4k▼ 11.6%
Net result€995-€5k▲ 446%€3k▼ 44.3%€1k▼ 56.8%€2k▲ 22.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€5k▲ 116%
Current assets
€88k▼ 24.0%
Equity and liabilities €93k
Equity
€31k▲ 5.4%
Debt
€62k▼ 29.9%
The debt ratio falls from 75.1% to 66.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4k
Cash flow
€2k
Solvency
33.3%▲
2023 · 24.9%
Current ratio
1.42▲
2023 · 1.31
Quick ratio
1.29▲
2023 · 0.78
Debt / equity
2.00▼
2023 · 3.01
ROE
5.2%▲
2023 · 4.4%
ROA
1.7%▲
2023 · 1.1%
Interest coverage
1.44
Debt
€62k▼
2023 · €89k
Debt ≤ 1 year
€62k▼
2023 · €89k
Income taxes
€724▲
2023 · €535
Staff costs
€26k▼
2023 · €73k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€118k€93k▼
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27-€3k
Furniture and vehicles24-€3k
Financial fixed assets28€2k€2k=
Current assets29/58€116k€88k▼
Stocks and contracts in progress3€47k€8k▼
Stocks30/36€8k€8k▼
Contracts in progress37€38k-
Amounts receivable within one year40/41€63k€75k▲
Trade receivables40€55k€71k▲
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€6k€6k=
Equity and liabilities
Total equity and liabilities10/49€118k€93k▼
Equity10/15€30k€31k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€17k▲
Amounts payable17/49€89k€62k▼
Amounts payable within one year42/48€89k€62k▼
Current portion of amounts payable after more than one year42-€482
Financial debts43€17k€6k▼
Credit institutions430/8€17k€6k▼
Trade debts44€39k€10k▼
Suppliers440/4€39k€10k▼
Taxes, remuneration and social security45€27k€22k▼
Taxes450/3€15k€15k▲
Remuneration and social security454/9€12k€7k▼
Other amounts payable47/48€7k€24k▲
Income statement
Code20232024
Remuneration, social security and pensions62€73k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€208
Other operating charges640/8€1k€766▼
Gross operating margin9900€79k€31k▼
Operating profit (loss)9901€4k€4k▼
Financial income75/76B€2€1k▲
Recurring financial income75€2€1k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€535€724▲
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€17k▲
Profit (loss) brought forward from the previous period14P€14k€15k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €5k ▲446%
Operating result €9k, net result €5k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beringen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lummenseweg 1073580 BeringenGround area
1,482 m²
Building footprint
307 m²
Volume, LiDAR
731 m³
2 parcels, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LABYRINTH ALGEMENE BOUWONDERNEMING
since 20192.287.708.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004B0662/00A002 | Flanders | 972 m² | 1 · 190 m² | 5.8 m · 1 fl. |
| 71037C2180/00R004 | Flanders | 510 m² | 1 · 116 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,339 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.