PROPERTY LAB
ActiveSummary
PROPERTY LAB has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €40k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency54▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.57 in 2024; short-term debt: 69.1% and cash: 51.2% of total assets), and 71.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
28.9%
Return on assets
44.3%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
7 d early
2024
48 d early
2023
49 d early
2022
97 d early
2021
69 d early
2020
9 d early
2019
21 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€40k▲ 116%
2024 · €19k
2019: €-7k
2020: €-40k▼ -442% vs 2019lowest in 7 years
2021: €85k▲ +309% vs 2020
2022: €87k▲ +3.0% vs 2021highest in 7 years
2023: €29k▼ -66.7% vs 2022
2024: €19k▼ -35.4% vs 2023
2025: €40k▲ +116% vs 2024
2019 → 2025
Working capital
€28k▲ 8.8%
2024 · €26k
2019: €18k
2020: €-3k▼ -119% vs 2019lowest in 7 years
2021: €26k▲ +886% vs 2020
2022: €27k▲ +5.2% vs 2021
2023: €26k▼ -3.6% vs 2022
2024: €26k▼ -0.9% vs 2023
2025: €28k▲ +8.8% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€27k▲ 5.1%€26k▼ 3.6%€26k▼ 0.9%€26k▲ 1.8%
2021: €26klowest in 5 years
2022: €27k▲ +5.1% vs 2021highest in 5 years
2023: €26k▼ -3.6% vs 2022
2024: €26k▼ -0.9% vs 2023
2025: €26k▲ +1.8% vs 2024
Operating result€85k-€93k▲ 9.6%€30k▼ 67.3%€21k▼ 31.2%€43k▲ 103%
2021: €85k
2022: €93k▲ +9.6% vs 2021highest in 5 years
2023: €30k▼ -67.3% vs 2022
2024: €21k▼ -31.2% vs 2023lowest in 5 years
2025: €43k▲ +103% vs 2024
Net result€85k-€87k▲ 3.0%€29k▼ 66.7%€19k▼ 35.4%€40k▲ 116%
2021: €85k
2022: €87k▲ +3.0% vs 2021highest in 5 years
2023: €29k▼ -66.7% vs 2022
2024: €19k▼ -35.4% vs 2023lowest in 5 years
2025: €40k▲ +116% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€280 =
Current assets
€91k ▲ 28.3%
Equity and liabilities €91k
Equity
€26k ▲ 1.8%
Debt
€65k ▲ 43.3%
Debt's share of the balance-sheet total rises from 63.6% to 71.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.44▼
2024 · 1.57
Debt to equity
2.46▲
2024 · 1.75
ROE
153.2%▲
2024 · 72.3%
ROA
44.3%▲
2024 · 26.4%
Debt ≤ 1 year
€63k▲
2024 · €45k
Income taxes
€1k▼
2024 · €2k
Staff costs
€49k▲
2024 · €48k
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 · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€91k▲
Fixed assets21/28€280€280=
Financial fixed assets28€280€280=
Current assets29/58€71k€91k▲
Amounts receivable within one year40/41€40k€43k▲
Trade receivables40€31k€40k▲
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€29k€47k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€71k€91k▲
Equity10/15€26k€26k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€948€1k▲
Amounts payable17/49€45k€65k▲
Amounts payable within one year42/48€45k€63k▲
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€16k€16k▼
Suppliers440/4€16k€16k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€3k€236▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€20k€41k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€48k€49k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€73k€97k▲
Operating profit (loss)9901€21k€43k▲
Financial income75/76B€184€29▼
Recurring financial income75€184€29▼
Financial charges65/66B€622€1k▲
Recurring financial charges65€622€1k▲
Profit (loss) for the period before taxes9903€21k€41k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€19k€40k▲
Profit (loss) for the period to be appropriated9905€19k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€41k▲
Profit (loss) brought forward from the previous period14P€1k€948▼
Profit to be distributed694/7€19k€40k▲
Directors or managers695€19k€40k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €23 | €23k | €40k | €48k | €49k | ▲ 1.2% |
| Other operating charges640/8 | €480 | €697 | €785 | €3k | €6k | ▲ 75.4% |
| Gross operating margin9900 | €86k | €117k | €71k | €73k | €97k | ▲ 34.0% |
| Operating profit (loss)9901 | €85k | €93k | €30k | €21k | €43k | ▲ 103% |
| Financial income75/76B | €1 | €30 | €2 | €184 | €29 | ▼ 84.3% |
| Recurring financial income75 | €1 | €30 | €2 | €184 | €29 | ▼ 84.3% |
| Financial charges65/66B | €221 | €5k | €380 | €622 | €1k | ▲ 99.6% |
| Recurring financial charges65 | €221 | €262 | €380 | €622 | €1k | ▲ 99.6% |
| Non-recurring financial charges66B | - | €5k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €85k | €88k | €30k | €21k | €41k | ▲ 102% |
| Income taxes67/77 | - | €584 | €1k | €2k | €1k | ▼ 43.1% |
| Profit (loss) for the period9904 | €85k | €87k | €29k | €19k | €40k | ▲ 116% |
| Profit (loss) for the period to be appropriated9905 | €85k | €87k | €29k | €19k | €40k | ▲ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66k | €122k | €82k | €71k | €91k | ▲ 28.2% |
| Fixed assets21/28 | €280 | €280 | €280 | €280 | €280 | = |
| Financial fixed assets28 | €280 | €280 | €280 | €280 | €280 | = |
| Current assets29/58 | €66k | €122k | €82k | €71k | €91k | ▲ 28.3% |
| Amounts receivable within one year40/41 | €483 | €9k | €36k | €40k | €43k | ▲ 8.3% |
| Trade receivables40 | - | €4k | €33k | €31k | €40k | ▲ 27.0% |
| Other amounts receivable41 | €483 | €4k | €3k | €9k | €3k | ▼ 60.2% |
| Cash at bank and in hand54/58 | €64k | €113k | €43k | €29k | €47k | ▲ 61.4% |
| Deferred charges and accrued income490/1 | €2k | €503 | €2k | €2k | €1k | ▼ 49.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66k | €122k | €82k | €71k | €91k | ▲ 28.2% |
| Equity10/15 | €26k | €27k | €26k | €26k | €26k | ▲ 1.8% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €818 | €2k | €1k | €948 | €1k | ▲ 48.5% |
| Amounts payable17/49 | €40k | €95k | €56k | €45k | €65k | ▲ 43.3% |
| Amounts payable within one year42/48 | €40k | €95k | €56k | €45k | €63k | ▲ 39.3% |
| Financial debts43 | - | - | €2k | €1k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €2k | €1k | €0 | ▼ 100% |
| Trade debts44 | €4k | €4k | €19k | €16k | €16k | ▼ 3.9% |
| Suppliers440/4 | €4k | €4k | €19k | €16k | €16k | ▼ 3.9% |
| Taxes, remuneration and social security45 | - | €4k | €5k | €8k | €7k | ▼ 22.5% |
| Taxes450/3 | - | €3k | €171 | €3k | €236 | ▼ 92.7% |
| Remuneration and social security454/9 | - | €451 | €5k | €5k | €6k | ▲ 21.9% |
| Other amounts payable47/48 | €36k | €87k | €31k | €20k | €41k | ▲ 109% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €87k | €29k | €19k | €40k | ▲ 116% |
| Operating cash flow (approximation) | €85k | €87k | €29k | €19k | €40k | ▲ 116% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €49k | €-69k | €-14k | €18k | ▲ 223% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €87k ▲3%
Operating result €93k, net result €87k, both a record.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €85k
Net result €85k after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Ukkel · 2 establishment units since 2019
Ground area
9,283 m²
Building footprint
1,444 m²
Volume, LiDAR
31,249 m³
2 parcels, Brussels · tallest building 37.5 m, ±12 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
2 establishment units
Property Lab
since 20192.286.152.814
Langeveldstraat 51, 1180 Ukkel
since 20222.334.620.150
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0424/00A002 | Brussels | 6,966 m² | 1 · 663 m² | 37.5 m · 12 fl. |
| 21612C0212/00P003 | Brussels | 2,317 m² | 1 · 780 m² | 17.5 m · 4 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 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,243 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
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.