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LIBEL

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1988active for 37 yearsPicardstraat 106, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0435.586.319

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €64,343 (2024)
€7,777▼ 87.9%
lowest -€31,794 (2010)
-€7,366▼ €59,120
peak €117,934 (2006)
€61,660▼ 10.7%
€66,504▼ 16.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €64,343 to €7,777Loss of €7,366Debts from €79,688 to €66,504Cash from €37,844 to €12,385

Key points

from the 2025 annual accounts

Equity

€61,660 from €117,934 in 2006

Equity fell by 48% in 19 years.

Result

-€7,366 -€7,366
€51,8002024-€7,3702025

From profit to loss in 2025, after a profit of €51,754 in 2024.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 21 to 34 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as LIBEL has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 12,344 companies, not a prediction for LIBEL. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435586319
First establishment Picardstraat 106, Molenbeek-Saint-Jean
Incorporation published on 01-12-1988 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
LIBEL Molenbeek-Saint-Jean €128,164 €7,777 48.1% -
Ghattas Car Woluwe-Saint-Lambert €123,991 €10,080 13.6% -
Garage Timmermans Henri Liedekerke €135,728 €7,114 71.3% -
GARAGE VAN HERCK Herenthout €110,556 €9,088 -126.5% -
DHAS Malle €151,236 €9,163 44.5% -
IMMO GUZZI Wommelgem €148,350 €9,784 21.1% -
MARICAR Boortmeerbeek €149,155 €10,646 96.4% -

These companies have the same main activity as LIBEL: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €111,000 and €151,000, founded between 1986 and 1992.

Official details

Source: KBO
Status
Active since 15-11-1988Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811
Establishment unit
2.040.881.9781080 Molenbeek-Saint-Jean, since 17-11-1988
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

≈ €110,000estimated
€128,164▼ 13.8%
Filing
Filed on 10-07-2026, 21 days before the end of the filing period
Financials

Insights on LIBEL

LIBEL files the micro format. That format states no turnover. The gross margin rose from -€942 in 2006 to €7,777 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LIBEL

What is the company number of LIBEL?
The company number of LIBEL is 0435.586.319. The VAT number is the same number with BE in front: BE 0435.586.319.
Where is LIBEL based?
The registered office is at Picardstraat 106, 1080 Molenbeek-Saint-Jean.Company details
What does LIBEL do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of LIBEL?
Legal form of LIBEL: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was LIBEL founded?
LIBEL was founded on 15-11-1988.
Is LIBEL still active?
Yes, LIBEL is an active enterprise in the KBO register.
What is the turnover of LIBEL?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €7,777 and 72 comparable companies (NACE 47811). It probably lies between €59,000 and €360,000. It is a rough estimate.Financials
Is LIBEL profitable?
In financial year 2025, LIBEL made a loss of €7,366.
Where can I find the annual accounts of LIBEL?
LIBEL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIBEL due?
LIBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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