LLAB
ActiveSummary
LLAB has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,851 and a net result of €22,478. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+13
Solvency78▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.42 in 2024; short-term debt: 35.3% and cash: 68.2% of total assets), and 47.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
26.3%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
29 d early
2023
44 d early
2022
20 d early
2021
46 d early
2020
19 d early
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€44,851▲ 16.9%
2024 · €38,373
Total assets
€85,310▲ 12.0%
2024 · €76,143
Net result
€22,478▲ 102%
2024 · €11,101
Working capital
€40,159▲ 35.3%
2024 · €29,690
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,587▼ 49.9%€5,254▼ 30.7%€2,794▼ 46.8%€15,851▲ 467%€29,586▲ 86.6%
Net result€5,512within the sector's middle half▼ 58.9%€2,946within the sector's middle half▼ 46.6%€51within the sector's middle half▼ 98.3%€11,101within the sector's middle half▲ 21,667%€22,478within the sector's middle half▲ 102%
Equity€24,275within the sector's middle half▲ 29.4%€27,221within the sector's middle half▲ 12.1%€27,272within the sector's middle half▲ 0.2%€38,373within the sector's middle half▲ 40.7%€44,851within the sector's middle half▲ 16.9%
Total assets€37,054below the sector's middle half▼ 40.2%€34,515below the sector's middle half▼ 6.9%€64,631within the sector's middle half▲ 87.3%€76,143within the sector's middle half▲ 17.8%€85,310within the sector's middle half▲ 12.0%
Debt€12,779▼ 70.4%€7,294▼ 42.9%€37,359▲ 412%€37,770▲ 1.1%€40,459▲ 7.1%
Working capital€21,035▲ 13.1%€24,936▲ 18.5%€13,503▼ 45.8%€29,690▲ 120%€40,159▲ 35.3%
Solvency65.5%within the sector's middle half▲ 35.2pp78.9%above the sector's middle half▲ 13.4pp42.2%within the sector's middle half▼ 36.7pp50.4%within the sector's middle half▲ 8.2pp52.6%within the sector's middle half▲ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 87% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,310
Fixed assets
€15,060 ▼ 41.1%
Current assets
€70,249 ▲ 38.9%
Equity and liabilities €85,310
Equity
€44,851 ▲ 16.9%
Debt
€40,459 ▲ 7.1%
Debt's share of the balance-sheet total falls from 49.6% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40,110▲
2024 · €27,181
Cash flow
€33,002▲
2024 · €22,431
Current ratio
2.33▼
2024 · 2.42
Debt to equity
0.90▼
2024 · 0.98
ROE
50.1%▲
2024 · 28.9%
ROA
26.3%▲
2024 · 14.6%
Interest coverage
38.34▲
2024 · 21.74
Debt ≤ 1 year
€30,090▲
2024 · €20,868
Debt > 1 year
€10,369▼
2024 · €16,902
Income taxes
€6,062▲
2024 · €3,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8,424 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,235 | €955 | €7,468 | €11,330 | €10,525 | ▼ 7.1% |
| Other operating charges640/8 | €17,772 | €18,770 | €24,649 | €17,780 | €12,865 | ▼ 27.6% |
| Non-recurring operating charges66A | €38 | - | - | €1,708 | - | - |
| Gross operating margin9900 | €27,632 | €24,979 | €34,911 | €46,669 | €52,975 | ▲ 13.5% |
| Operating profit (loss)9901 | €7,587 | €5,254 | €2,794 | €15,851 | €29,586 | ▲ 86.6% |
| Financial charges65/66B | €131 | €208 | €743 | €1,250 | €1,046 | ▼ 16.3% |
| Recurring financial charges65 | €131 | €208 | €743 | €1,250 | €1,046 | ▼ 16.3% |
| Profit (loss) for the period before taxes9903 | €7,456 | €5,046 | €2,051 | €14,601 | €28,539 | ▲ 95.5% |
| Income taxes67/77 | €1,944 | €2,100 | €2,000 | €3,500 | €6,062 | ▲ 73.2% |
| Profit (loss) for the period9904 | €5,512 | €2,946 | €51 | €11,101 | €22,478 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €5,512 | €2,946 | €51 | €11,101 | €22,478 | ▲ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,054 | €34,515 | €64,631 | €76,143 | €85,310 | ▲ 12.0% |
| Fixed assets21/28 | €3,240 | €2,285 | €36,915 | €25,585 | €15,060 | ▼ 41.1% |
| Tangible fixed assets22/27 | €3,240 | €2,285 | €36,915 | €25,585 | €15,060 | ▼ 41.1% |
| Furniture and vehicles24 | €3,240 | €2,285 | €36,915 | €25,585 | €15,060 | ▼ 41.1% |
| Current assets29/58 | €33,814 | €32,230 | €27,716 | €50,558 | €70,249 | ▲ 38.9% |
| Amounts receivable within one year40/41 | €1,016 | €11,006 | - | - | €12,100 | - |
| Trade receivables40 | - | €10,672 | - | - | €12,100 | - |
| Other amounts receivable41 | €1,016 | €334 | - | - | - | - |
| Cash at bank and in hand54/58 | €32,798 | €21,224 | €27,716 | €50,558 | €58,149 | ▲ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,054 | €34,515 | €64,631 | €76,143 | €85,310 | ▲ 12.0% |
| Equity10/15 | €24,275 | €27,221 | €27,272 | €38,373 | €44,851 | ▲ 16.9% |
| Contributions10/11 | €8,060 | €8,060 | €8,060 | €8,060 | €8,060 | = |
| Reserves13 | - | - | - | - | €6,478 | - |
| Distributable reserves133 | - | - | - | - | €6,478 | - |
| Profit (loss) carried forward14 | €16,215 | €19,161 | €19,212 | €30,313 | €30,313 | = |
| Amounts payable17/49 | €12,779 | €7,294 | €37,359 | €37,770 | €40,459 | ▲ 7.1% |
| Amounts payable after more than one year17 | - | - | €23,146 | €16,902 | €10,369 | ▼ 38.7% |
| Financial debts170/4 | - | - | €23,146 | €16,902 | €10,369 | ▼ 38.7% |
| Amounts payable within one year42/48 | €12,779 | €7,294 | €14,213 | €20,868 | €30,090 | ▲ 44.2% |
| Current portion of amounts payable after more than one year42 | €1,644 | - | €5,969 | €6,244 | €6,533 | ▲ 4.6% |
| Trade debts44 | €5,033 | €674 | €1,614 | €1,726 | €667 | ▼ 61.4% |
| Suppliers440/4 | €5,033 | €674 | €1,614 | €1,726 | €667 | ▼ 61.4% |
| Taxes, remuneration and social security45 | €3,000 | €6,620 | €4,007 | €10,296 | €19,934 | ▲ 93.6% |
| Taxes450/3 | €3,000 | €6,620 | €4,007 | €10,296 | €19,934 | ▲ 93.6% |
| Other amounts payable47/48 | €3,102 | - | €2,623 | €2,602 | €2,957 | ▲ 13.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,512 | €2,946 | €51 | €11,101 | €22,478 | ▲ 102% |
| + Depreciation and write-downs630 | €2,235 | €955 | €7,468 | €11,330 | €10,525 | ▼ 7.1% |
| Operating cash flow (approximation) | €7,747 | €3,901 | €7,519 | €22,431 | €33,002 | ▲ 47.1% |
| Investment in fixed assets (approximation) | - | €0 | -€42,098 | €0 | €0 | - |
| Change in cash | - | -€11,574 | €6,492 | €22,842 | €7,591 | ▼ 66.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
General meeting · Registered-office movePower of attorney4 facts ▸
State Gazette act
General meeting · Registered-office move
Power of attorney4 facts ▸
- General meeting, assemblée générale extraordinaire
- Registered-office move, 897 Chaussée d'Alsemberg, 1180 Uccle
- Power of attorney, J.Jordens srl
- Power of attorney, Serge Solau
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €22,478 ▲102%
Operating result €29,586, net result €22,478, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €51 ▼98.3%
Net result drops to €51, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2016
Ground area
938 m²
Building footprint
461 m²
Volume, LiDAR
3,902 m³
2 parcels, Brussels, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
344
companies at this address
See who is registered here
1 establishment unit
LLAB
since 20162.250.060.696
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003A0066/00B006 | Flanders | 591 m² | 1 · 133 m² | 9.6 m · 2 fl. |
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 6,288 companies in sector 74120 we hold annual accounts for 1,011. 877 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0648646720
Registered
04-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.