Skip to content

LIBEL

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

Overview

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

€7,777▼ 87.9%
≈ €110,000estimated
€7,366
€61,660▼ 10.7%
€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.

Financials

Annual accounts 2025

micro format, filed on 10-07-2026, 21 days before the deadline
€7,777
▼ 87.9%
-€6,513
▼ €58,199
€6,262
▼ 89.5%
€5,410
▼ 91.0%
48.1%
▲ 1.7 percentage points
1.37
▼ 0.23

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €59,000 and €360,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €128,164 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

48.1%

Higher than 63% of 25,237 companies in 2025.

1.37

Higher than 47% of 24,245 companies in 2025.

-5.7%

Higher than 22% of 24,434 companies in 2025.

LIBEL Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 128,164148,71492,18175,40769,50967,69844,45652,74446,91645,88057,97387,510108,213127,65097,672108,127107,549152,932170,584186,784
21/28 48,95955,89425,34533,75942,17319,3501041048581,6125,3806,2639,87813,3766726,93113,19019,95126,45730,785
22/27 48,85555,79025,24133,65542,06919,246--7541,5085,2766,1599,77413,2725686,82713,08619,84626,35330,681
23 -----------132733934---270569110
24 43,01455,79025,24133,65542,06919,246--7541,5085,2766,0279,04112,3385686,82713,08619,57725,78430,571
26 5,841-------------------
28 104104104104104104104104104104104104104104104104104104104104
29/58 79,20592,82066,83641,64827,33648,34844,35252,64046,05844,26852,59381,24798,334114,27497,000101,19694,359132,981144,127155,999
3 57,42542,27053,80720,31013,16217,72925,95020,76733,50530,68332,31455,79150,19064,06535,24131,60967,27795,25389,683103,422
30/36 57,42542,27053,80720,31013,16217,72925,95020,76733,50530,68332,31455,79150,19064,06535,24131,60967,27795,25389,683103,422
40/41 5,8989,3788,7825,5427,6775,8875,9385,30611,8038,30312,41021,08632,02343,25928,90223,25021,21917,95224,70110,391
40 5,500-----1,6001,6008,2554,2507,7505,2506,4054,750------
41 3989,3788,7825,5427,6775,8874,3383,7063,5484,0534,66015,83625,61838,50928,90223,25021,21917,95224,70110,391
54/58 12,38537,8442,16113,7816,49723,91112,46426,5677505,2817,8694,37016,1216,95032,85746,3364,84919,77729,74242,185
490/1 3,4973,3282,0862,014-821----------1,014---
Balance sheet: equity and liabilities
10/49 128,164148,71492,18175,40769,50967,69844,45652,74446,91645,88057,97387,510108,213127,65097,672108,127107,549152,932170,584186,784
10/15 61,66069,02617,271893-12,3881,178644-10,554-11,6476,05523,64941,01349,52151,78439,72550,12681,92097,829105,717117,934
10/11 124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368
100 ------124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368124,368
13 21,42421,42421,42421,42421,42421,42421,42421,42421,42421,42421,42421,4241,8851,8851,8851,8851,8851,8851,8851,885
130/1 1,8851,8851,8851,8851,8851,885--------------
130 ------1,8851,8851,8851,8851,8851,8851,8851,8851,8851,8851,8851,8851,8851,885
1311 1,8851,8851,8851,8851,8851,885--------------
132 19,53919,53919,53919,53919,53919,53919,53919,53919,53919,53919,53919,539--------
14 -84,132-76,767-128,521-144,899-158,181-144,615-145,149-156,347-157,439-139,738-122,143-104,780-76,732-74,469-86,528-76,127-44,333-28,424-20,537-8,320
17/49 66,50479,68874,91074,51381,89766,52043,81263,29958,56339,82534,32446,49858,69175,86657,94658,00125,62955,10364,86768,850
17 8,59021,43015,10724,90234,534--24,00824,00824,00824,00826,09333,18333,18333,18333,183--2,9829,068
170/4 8,59021,43015,10724,90234,534--24,00824,00824,00824,00826,09333,18333,18333,18333,183--2,9829,068
42/48 57,91458,25859,80349,61247,36366,52043,81239,29133,55515,81710,31620,40525,50842,68224,76324,81725,62955,10356,88559,783
42 ----------2,1773,759-5,000---3,3116,7166,716
43 --------4,5259,6623,08811,069--------
430/8 --------4,5259,6623,08811,069--------
44 6,6787,2689,4329,2455,50024,72012,7468,2416,4126,1554,8205,5776,79218,1926,0446,1235,6295,4181,1636,716
440/4 6,6787,2689,4329,2455,50024,72012,7468,2416,4126,1554,8205,5776,79218,1926,0446,1235,6295,4181,1636,716
45 9,3009,3009,3719,36610,86310,80067503,119-232--8356445--2,702-
450/3 --716663-6750419-232--8356445--2-
454/9 9,3009,3009,3009,30010,80010,800--2,700---------2,700-
47/48 41,93641,69141,00031,00031,00031,00031,00031,00019,500---18,71618,65618,65618,65020,00046,37546,30546,351
492/3 --------1,000---------5,000-
Income statement
70 -----------126,697219,971239,632152,342144,546149,570378,055459,681425,176
76A 5299,945226211424--632,012615819,595919,3063334627,2414,1752,2174,500
9900 7,77764,34326,50921,670-10,1907,505-8,3917,857-11,531-7,837-9,943-20,2796,20210,826-1,051-22,759-32,500-611-3,434-942
60/61 -----------148,678215,443230,479155,277169,133182,069378,666463,115426,118
630 12,7768,0888,4148,414---7547543,7683,1453,6153,8853,7576,2596,2596,7616,5076,317540
640/8 1,5144,5691,1672,0151,4425,6372,9854,7773,7644,6843,2413,2823,5053,6013,5731,8853,5723,9503,6784,806
66A ---2461,8552802,353554692530230350745650685695100401200279
9901 -6,51351,68616,92810,995-13,4871,588-13,7301,772-16,741-16,819-16,329-27,176-1,1893,468-10,883-30,903-42,833-11,068-13,429-6,288
75/76B 1001,3133243,16174974526,19920010-052811,012193212050
75 1001,3133243,16174974526,19920010-052811,012193212050
65/66B 8751,1698038087661,7331,205803887702692578425346178242227640913650
65 8751,1698038087661,7331,205803887702692578425346178242227640913650
9903 -7,28851,82916,44913,348-13,50360011,2651,169-17,627-17,521-17,193-8,509-2,26312,059-10,401-31,794-15,909-7,903-12,205-2,666
67/77 78757166636667767573170-------1512113
9904 -7,36651,75416,37813,282-13,56653411,1981,093-17,702-17,594-17,364-8,509-2,26312,059-10,401-31,794-15,909-7,888-12,217-2,779
689 -----------19,539--------
9905 -7,36651,75416,37813,282-13,56653411,1981,093-17,702-17,594-17,364-28,048-2,26312,059-10,401-31,794-15,909-7,888-12,217-2,779
Appropriation of the result
9906 -84,132-76,767-128,521-144,899-158,181-144,615-145,149-156,347-157,439-139,738-122,143-104,780-76,732-74,469-86,528-76,127-44,333-28,424-20,537-8,320
14P -76,767-128,521-144,899-158,181-144,615---------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-07-2026 2026-00279243 PDF
31-12-2024 micro format 27-06-2025 2025-00189515 PDF
31-12-2023 micro format 29-06-2024 2024-00182860 PDF
31-12-2022 micro format 28-06-2023 2023-00167228 PDF
31-12-2021 micro format 08-07-2022 2022-20162819 PDF
31-12-2020 micro format 07-07-2021 2021-32100206 PDF
31-12-2019 micro format 27-07-2020 2020-34300214 PDF
31-12-2018 micro format 17-07-2019 2019-33800334 PDF
31-12-2017 micro format 27-07-2018 2018-39600596 PDF
31-12-2016 micro format 24-07-2017 2017-35000103 PDF
31-12-2015 full format 26-07-2016 2016-35600533 PDF
31-12-2014 full format 31-07-2015 2015-38200549 PDF
31-12-2013 full format 08-07-2014 2014-28600445 PDF
31-12-2012 full format 03-07-2013 2013-26700399 PDF
31-12-2011 full format 19-07-2012 2012-31600388 PDF
31-12-2010 full format 14-07-2011 2011-29300563 PDF
31-12-2009 full format 28-07-2010 2010-35500011 PDF
31-12-2008 full format 27-07-2009 2009-48000042 PDF
31-12-2007 full format 30-07-2008 2008-50600313 PDF
31-12-2006 full format 13-07-2007 2007-41000047 PDF
31-12-2005 full format 30-06-2006 2006-37302967 PDF
31-12-2004 full format 30-06-2005 2005-38400902 PDF
31-12-2003 full format 29-06-2004 2004-34502469 PDF
31-12-2002 full format 11-07-2003 2003-43304515 PDF
31-12-2001 full format 11-07-2002 2002-36800199 PDF
31-12-2000 full format 02-07-2001 2001-31503623 PDF
31-12-1999 full format 27-06-2000 2000-29202509 PDF
31-12-1998 full format 28-09-1999 1999-49401799 PDF
31-12-1997 full format 23-06-1998 1998-21004417 PDF
31-12-1996 full format 01-07-1997 1997-24901309 PDF
31-12-1995 full format 25-06-1996 1996-21801175 PDF
31-12-1994 full format 27-06-1995 1995-30600781 PDF
31-12-1993 full format 07-07-1994 1994-27701469 PDF
31-12-1992 full format 27-06-1994 1994-20700778 PDF
31-12-1991 full format 07-07-1992 1992-20100182 PDF
31-12-1990 full format 08-01-1992 1992-00402443 PDF
31-12-1989 full format 01-06-1990 1990-06402772 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
6,26259,77425,34219,409---2,526-15,987-13,051-13,184-23,5612,6977,226-4,624-24,644-36,072-4,561-7,112-5,748
5,41059,84324,79221,695---1,847-16,948-13,827-14,218-4,8931,62215,817-4,142-25,535-9,148-1,381-5,900-2,239
5,84163,8780022,82219,246-0002,262038816,46200001,98929,875
-25,45935,683-11,6207,284-17,41411,446-14,10325,817-4,531-2,5883,499-11,7519,172-25,907-13,47941,487-14,928-9,965-12,443-
21,29134,5627,033-7,964-20,027-18,17353913,34912,50328,45042,27760,84272,82671,59172,23676,37868,73077,87887,24196,216
------------21.4%-0.5%1.4%-7.1%-21.4%-28.6%-2.9%-2.9%-1.5%
48.1%46.4%18.7%1.2%-17.8%1.7%1.4%-20.0%-24.8%13.2%40.8%46.9%45.8%40.6%40.7%46.4%76.2%64.0%62.0%63.1%
1.371.591.120.840.580.731.011.341.372.805.103.983.862.683.924.083.682.412.532.61
0.380.870.220.430.300.460.420.810.370.861.971.251.891.182.492.801.060.680.960.88
1.081.154.34--56.48---6.581.451.131.191.471.461.160.310.560.610.58
-11.9%75.0%94.8%--45.4%----290.6%-73.4%-20.7%-4.6%23.3%-26.2%-63.4%-19.4%-8.1%-11.6%-2.4%
-5.7%34.8%17.8%17.6%-19.5%0.8%25.2%2.1%-37.7%-38.3%-30.0%-9.7%-2.1%9.4%-10.6%-29.4%-14.8%-5.2%-7.2%-1.5%
7.1651.1431.5424.03----------------
-----------15 days11 days7 days69 days59 days52 days17 days20 days9 days
-----------14 days12 days29 days14 days13 days11 days5 days1 day6 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,841€63,878--€22,822
€12,776€8,088€8,414€8,414-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on LIBEL

The operating result for 2025 is a loss of €6,513, after a profit of €51,686 in 2024. It is the lowest result since 2021.

Debt's share of the balance-sheet total falls from 53.6% to 51.9%. Equity and debt are lower.

Board & ownership

Board

1 director
Director
listed in the 2024 annual accounts, filed on 27-06-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

Capital

Contribution
€124,368.06
Source
2025 annual accounts

Network & group

No group

LIBEL has no parent and no holdings in its annual accounts. is the only director. LIBEL shares no director with another company.

At the same address

Picardstraat 106, 1080 Molenbeek-Saint-Jean · 1 other company
J.J.M.
registered office since 06-06-2000 · founded in 2000
total assets €135,798 (2025)
0472.053.072

Timeline

Timeline

45 events since 1988

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 21 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0435586319
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Highest result from 2006 to 2025 net €51,754 ▲216% The operating result of €51,686 and the net result of €51,754 are both a record.
Annual accounts 2023 filed PDFmicro format · 32 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 33 days before the deadline
2022
Back to profit net €13,282 The net result is €13,282, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 23 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 24 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 4 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 14 days before the deadline
2018
Back to profit net €1,093 The net result is €1,093, after 5 loss-making years.
Annual accounts 2017 filed PDFmicro format · 4 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 7 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 5 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · on the deadline day
2014
Annual accounts 2013 filed PDFfull format · 23 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 28 days before the deadline
2012
Back to profit net €12,059 The net result is €12,059, after 6 loss-making years.
Annual accounts 2011 filed PDFfull format · 12 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 17 days before the deadline
2010
Weakest financial year net -€31,794 The net result drops to -€31,794, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2009 filed PDFfull format · 3 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 4 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 1 day before the deadline
2007
Annual accounts 2006 filed PDFfull format · 18 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed NBBfull format
1997
Annual accounts 1996 filed NBBfull format
1996
Annual accounts 1995 filed NBBfull format
1995
Annual accounts 1994 filed NBBfull format
1994
Annual accounts 1993 filed NBBfull format
Annual accounts 1992 filed NBBfull format
1992
Annual accounts 1991 filed NBBfull format
Annual accounts 1990 filed NBBfull format
1990
Annual accounts 1989 filed NBBfull format
1988
First establishment Picardstraat 106, Molenbeek-Saint-Jean
Incorporation published on 01-12-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 15 November 1988, LIBEL was incorporated.1 Total assets went from €52,744 in 2018 to €128,164 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0435.586.319
VAT number
BE 0435.586.319
Peppol ID
0208:0435586319
Other Peppol ID
9925:BE0435586319
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Status
Active, normal situation
Founded
15-11-1988
Financial year
ends on 31 December
Peppol
Reachable since 12-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
LIBEL in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
45113 main activity
Codes under NACEBEL 2003
50103 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Picardstraat 106 registered office 1080 Molenbeek-Saint-Jean 4671101 Wholesale of cars and light vans (up to 3.5 tonnes) 17-11-1988 2.040.881.978

Buildings and parcels at the address

Ground area
239 m²
Buildings
235 m²
Volume, LiDAR
1,769 m³
Tallest building
10.8 m
Buildings to scale, each on its own parcel
235 m², 10.8 m 235 m², 10.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21012A0132/00W000239 m² 1 · 235 m² 10.8 m · 3