The Lab
ActiveSummary
The Lab has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 49% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency53▲+36
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.31 in 2024; short-term debt: 41.3% and cash: 1.7% of total assets), and 71.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 68
lower
← 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
28.3%
Return on assets
38.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
30 d late
2022
29 d late
2021
29 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k
2024 · €-6k
2021: €6k
2022: €-9k
2023: €-20k
2024: €-6k
2021 → 2025
Total assets
€64k▼ 15.0%
2024 · €75k
2021: €25k
2022: €68k
2023: €65k
2024: €75k
2021 → 2025
Net result
€24k▲ 79.6%
2024 · €14k
2021: €2k
2022: €-16k
2023: €-10k
2024: €14k
2021 → 2025
Working capital
€-13k▲ 65.0%
2024 · €-36k
2021: €5k
2022: €-22k
2023: €-38k
2024: €-36k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-9k€-20k▼ 110%€-6k▲ 68.4%€18k
Operating result€4k-€-15k€-8k▲ 45.2%€18k€32k▲ 80.0%
Net result€2k-€-16k€-10k▲ 32.8%€14k€24k▲ 79.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€50k ▼ 15.5%
Current assets
€14k ▼ 13.1%
Equity and liabilities €64k
Equity
€18k
Debt
€46k
Debt finances 71.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€41k▲
2024 · €27k
Cash flow
€34k▲
2024 · €23k
Current ratio
0.52▲
2024 · 0.31
Debt to equity
2.53▲
2024 · -12.98
ROE
134.6%
ROA
38.2%▲
2024 · 18.1%
Interest coverage
18.06▲
2024 · 6.44
Debt ≤ 1 year
€26k▼
2024 · €52k
Debt > 1 year
€19k▼
2024 · €30k
Income taxes
€6k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€75k€64k▼
Fixed assets21/28€60k€50k▼
Tangible fixed assets22/27€60k€50k▼
Plant, machinery and equipment23€916€395▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€53k€46k▼
Current assets29/58€16k€14k▼
Amounts receivable within one year40/41€11k€11k▼
Trade receivables40€10k€11k▲
Other amounts receivable41€1k€29▼
Current investments50/53€2k€575▼
Cash at bank and in hand54/58€1k€1k▼
Deferred charges and accrued income490/1€1k€857▼
Equity and liabilities
Total equity and liabilities10/49€75k€64k▼
Equity10/15€-6k€18k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-10k€14k▲
Amounts payable17/49€82k€46k▼
Amounts payable after more than one year17€30k€19k▼
Financial debts170/4€30k€19k▼
Amounts payable within one year42/48€52k€26k▼
Current portion of amounts payable after more than one year42€22k€10k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€27k€5k▼
Suppliers440/4€27k€5k▼
Taxes, remuneration and social security45€199€10k▲
Taxes450/3€199€10k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€963
Other operating charges640/8€694€1k▲
Non-recurring operating charges66A€625€0▼
Gross operating margin9900€29k€44k▲
Operating profit (loss)9901€18k€32k▲
Financial income75/76B€0€70▲
Recurring financial income75€0€70▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€14k€30k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€14k€24k▲
Profit (loss) for the period to be appropriated9905€14k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€14k▲
Profit (loss) brought forward from the previous period14P€-24k€-10k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2021net €24k ▲79.6%
Operating result €32k, net result €24k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-16k ▼841%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mechelen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hendrik Consciencestraat 52800 MechelenGround area
1,593 m²
Building footprint
607 m²
Parcel 12403D0086/00Y007, Flanders. Linked by address, not a title deed.
1 establishment unit
Hendrik Consciencestraat 5, 2800 Mechelen
since 20212.314.590.442
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0086/00Y007 | Flanders | 1,593 m² | 1 · 607 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ODE
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 2,008 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.