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LIBEL

Active Risk: not assessed Public limited companyfounded 2005active for 21 yearsMuizelstraat 20, 8560 WevelgemKBO/BCE: BE 0876.283.746

Lifetime

20 annual accounts with figures on one time axis
peak €2.9m (2021)
€2.7munchanged
lowest -€78,940 (2006)
€1.8m▲ 6.9%
peak €15.9m (2025)
€15.9m▲ 13.1%
€799,734▲ 47.4%
peak 0 FTE (2025)
0 FTE 
Board3 names since 2017
3 directorsBrutsaert Lieven and 2 others
Documentsfilings and deeds
16-07-202615 days before the deadline
2025financial year
Equity from €14.1m to €15.9mDebts from €542,621 to €799,734Cash from €890,337 to €508,911

Key points

from the 2025 annual accounts

Equity

€15.9m ▲ 13.1%

LIBEL has made a profit without a break since 2013.

Turnover

≈ €4.6m estimated

The accounts state no turnover.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 3 to 16 days before the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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

Signals

1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
16 days early
2023
13 days early
2022
5 days early
2021
3 days early
2020
15 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BL
Managing director
BL
Director, since 01-01-2026
Board & ownership

Recent changes

Appointment: Brutsaert Leon (director) General meeting of 26-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0876283746
Reappointments: Brutsaert Lieven (managing director) and Stichelbout Isabelle (director) General meeting of 13-07-2023 · Gazette deed
Capital decrease of €688,000 to €62,000 Capital from €750,000 to €62,000 · General meeting of 28-12-2017 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
LIBEL Wevelgem €16.8m €2.7m 94.6% 0
EMMA Izegem €11.6m €2.2m 96.5% 0
MARC VAN LOOVEREN Antwerp €11.7m €1.7m 11.7% 0
SLABINCK INVEST Jabbeke €22.9m €1.4m 35.2% 0.2
IMMO CADIX Waregem €6.9m €2.7m 85.3% 0
MAMM-UT INVEST Brussels €12.1m €2.2m 47.8% 0.5
Boost Your Dream Invest Sint-Martens-Latem €15.3m €3.1m 94.3% 0.5

These companies have the same main activity as LIBEL: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €6.9m and €23m, founded between 2004 and 2011.

Official details

Source: KBO
Status
Active since 27-09-2005Normal situation
Activity
Activities of holding companiesNACE 64210and 1 other
Establishment unit
2.150.205.5328560 Wevelgem, since 30-11-2005
Financial year end
31 December
Peppol
Reachable since 27-01-2026
Company details

Annual accounts 2025

€16.8m▲ 14.3%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on LIBEL

LIBEL has existed since 2005. In 2007 the gross margin rose from €1,314 to €125,734.

The gross margin has fallen every year since 2021.

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 0876.283.746. The VAT number is the same number with BE in front: BE 0876.283.746.
Where is LIBEL based?
The registered office is at Muizelstraat 20, 8560 Wevelgem.Company details
What does LIBEL do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of LIBEL?
LIBEL is a public limited company (NV).
When was LIBEL founded?
LIBEL was founded on 27-09-2005.
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 ≈ €4.6m. This figure is estimated from the gross margin of €2.7m and 1,585 comparable companies of the same size. It probably lies between €3.1m and €7.6m. It is a rough estimate.Financials
Is LIBEL profitable?
In financial year 2025, LIBEL made a profit of €1.8m.
Where can I find the annual accounts of LIBEL?
LIBEL filed 20 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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