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LABYRINTH PRODUCTIONS

Active
Private limited companyfounded 200917 yrs activeBraziliëstraat 26, 2000 Antwerpen, BelgiumKBO/BCE: BE 0811.137.754
Summary

LABYRINTH PRODUCTIONS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €404k and a net result of €-10k. Equity is growing by ~60.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
52 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▼-60
Solvency58▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.5 in 2023; short-term debt: 62.3% and cash: 0.6% of total assets), but 66.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
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
33.1%
Return on assets
-0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
90 d late
2023
90 d late
2022
14 d late
2021
117 d late
2020
163 d late
2019
139 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€404k▼ 7.6%
2023 · €437k
2018: €24k 2019: €68k 2020: €104k 2021: €523k 2022: €437k 2023: €437k
2018 → 2024
Total assets
€1.22M▲ 1.6%
2023 · €1.20M
2018: €841k 2019: €1.21M 2020: €679k 2021: €1.11M 2022: €1.05M 2023: €1.20M
2018 → 2024
Net result
€-10k
2023 · €156k
2018: €2k 2019: €44k 2020: €36k 2021: €419k 2022: €-85k 2023: €156k
2018 → 2024
Working capital
€409k▲ 6.4%
2023 · €384k
2018: €153k 2019: €16k 2020: €182k 2021: €455k 2022: €495k 2023: €384k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€104k-€523k▲ 405%€437k▼ 16.3%€437k=€404k▼ 7.6%
Operating result€53k-€639k▲ 1,102%€-76k€239k€17k▼ 92.8%
Net result€36k-€419k▲ 1,079%€-85k€156k€-10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2020: €53k€53kNet result 2020: €36k€36kOperating result 2021: €639k€639kNet result 2021: €419k€419kOperating result 2022: €-76k€-76kNet result 2022: €-85k€-85kOperating result 2023: €239k€239kNet result 2023: €156k€156kOperating result 2024: €17k€17kNet result 2024: €-10k€-10k20202021202220232024€-100k€0€100k€200kOperating result 2022: €-76k€-76kNet result 2022: €-85k€-85kOperating result 2023: €239k€239kNet result 2023: €156k€156kOperating result 2024: €17k€17kNet result 2024: €-10k€-9.7k202220232024
The operating result falls in 2024; 2024 is 93% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.22M
Fixed assets €51k ▼ 3.3%
Current assets €1.17M ▲ 1.8%
Equity and liabilities €1.22M
Equity €404k ▼ 7.6%
Debt €816k ▲ 6.8%
Debt's share of the balance-sheet total rises from 63.6% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21k
2023 · €254k
Cash flow
€-6k
2023 · €171k
Current ratio
1.54
2023 · 1.50
Debt to equity
2.02
2023 · 1.75
ROE
-2.4%
2023 · 35.6%
ROA
-0.8%
2023 · 13.0%
Interest coverage
0.85
2023 · 11.85
Debt ≤ 1 year
€760k
2023 · €764k
Income taxes
€2k
2023 · €67k
Staff costs
€49k
2023 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.20M€1.22M
Fixed assets21/28€53k€51k
Tangible fixed assets22/27€15k€13k
Plant, machinery and equipment23€6k€6k
Furniture and vehicles24€9k€7k
Financial fixed assets28€39k€39k
Current assets29/58€1.15M€1.17M
Amounts receivable within one year40/41€1.14M€1.16M
Trade receivables40€217k€451k
Other amounts receivable41€924k€709k
Cash at bank and in hand54/58€5k€7k
Deferred charges and accrued income490/1€2k€983
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.22M
Equity10/15€437k€404k
Contributions10/11€19k€18k
Reserves13€2k€2k
Non-distributable reserves130/1€2k€2k
Reserves not available under the articles1311€2k€2k
Profit (loss) carried forward14€417k€385k
Amounts payable17/49€764k€816k
Amounts payable within one year42/48€764k€760k
Trade debts44€210k€25k
Suppliers440/4€210k€25k
Taxes, remuneration and social security45€168k€150k
Taxes450/3€157k€142k
Remuneration and social security454/9€11k€8k
Other amounts payable47/48€386k€584k
Accrued charges and deferred income492/3-€56k
Income statement Code20232024
Remuneration, social security and pensions62€88k€49k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€4k
Other operating charges640/8€59k€4k
Gross operating margin9900€401k€74k
Operating profit (loss)9901€239k€17k
Financial income75/76B€24k€43
Recurring financial income75€3k€43
Non-recurring financial income76B€22k-
Financial charges65/66B€40k€24k
Recurring financial charges65€21k€24k
Non-recurring financial charges66B€19k-
Profit (loss) for the period before taxes9903€223k€-7k
Income taxes67/77€67k€2k
Profit (loss) for the period9904€156k€-10k
Profit (loss) for the period to be appropriated9905€156k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€573k€385k
Profit (loss) brought forward from the previous period14P€417k€394k
Profit to be distributed694/7€156k-
Return on contributions (dividend)694€156k-
Social balance
Average headcount (FTE)90871.81.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
2024
29-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 90 days late
2023
31-12
Financial Back to profitnet €156k
Net result €156k after one loss-making year.
14-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2022
31-12
Financial Weakest financial yearnet €-85k ▼120%
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
25-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 117 days late
10-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 163 days late
2021
31-12
Financial Highest result since 2018net €419k ▲1079%
Operating result €639k, net result €419k, both a record.
31-12
Financial Equity above €500kEq €523k ▲405%
4 profitable years in a row build equity to €523k.
2020
31-12
Financial Equity above €100kEq €104k ▲52.3%
3 profitable years in a row build equity to €104k.
17-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 139 days late
04-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 188 days late
Show earlier events
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 149 days late
04-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 491 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Antwerpen · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Braziliëstraat 262000 Antwerpen
Ground area
1,010 m²
Building footprint
564 m²
Volume, LiDAR
6,766 m³
Parcel 11807G0126/02S018, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LABYRINTH PRODUCTIONS
Braziliëstraat 26, 2000 AntwerpenFull-service restaurants
since 20092.177.851.522
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G0126/02S018 Flanders 1,010 m² 1 · 564 m² 18.3 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 4,571 companies in sector 82300 we hold annual accounts for 1,671. 1,037 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

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

Contact details

1 entry
Phone:0476/53.48.79
Establishment Antwerpen 2.177.851.522