The Labyrinth
The computed 12-month bankruptcy probability of The Labyrinth is 0.7% (low). The 2024 annual accounts show equity of €53k and a net result of €2k. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 4949 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €53k |
| Net result | €2k |
| Better than sector | 32% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.3% | 16.7% | |
| Net result | €2k | €2k | |
| Equity | €53k | €27k | |
| Gross operating margin | €25k | €27k | |
| Total assets | €2.28M | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €24k |
| Net profit | €2k |
| Cash flow | €2k |
| Staff costs | - |
| Income taxes | €-8 |
| Dividends | - |
| Total assets | €2.28M |
| Equity | €53k |
| Debt | €2.22M |
| of which ≤ 1y | €1.52M |
| of which > 1y | €680k |
| Working capital | €749k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.49 |
| Quick ratio | 0.09 |
| Working capital ratio | 32.9% |
| Solvency | 2.3% |
| Debt / equity | 41.88 |
| Long-term debt ratio | 12.80 |
| Interest coverage | 1.07 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.1% |
| ROE | 4.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.28M |
| Fixed assets | 21/28 | €3k |
| Intangible fixed assets | 21 | €3k |
| Current assets | 29/58 | €2.27M |
| Stocks & contracts in progress | 3 | €2.14M |
| Amounts receivable within one year | 40/41 | €102k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.28M |
| Equity | 10/15 | €53k |
| Contributions / capital | 10/11 | €13k |
| Reserves | 13 | €40k |
| Amounts payable | 17/49 | €2.22M |
| Amounts payable after one year | 17 | €680k |
| Amounts payable within one year | 42/48 | €1.52M |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €25k |
| Operating result | 9901 | €24k |
| Financial income | 75 | €650 |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €-8 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
Former directors (1)
-
Elements sports agencyLegal entityDirector· perm. rep.: Niels De SchutterState Gazette act 24074714 (14-05-2024)Former- → 15-03-2024
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Bedrijfsrevisor Bart BosmanCurrent Company auditor · represented by Bart Bosman |
B00786 | 31-12-2025 → present |
| NACE primary | Real estate activities(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 20-07-2021 |
| Status | Active |
| Postal code | 2000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B1121/00V000 | Flanders | 449 m² | 1 · 264 m² | 18.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-01-2026 Articles of association amended
Technical details
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"quote": "BV Bedrijfsrevisor Bart Bosman, met zetel te 9800 Deinze, Markizaatpark 38, ingeschreven in het rechtspersonenregister onder het nummer 0831.191.515, en met IBR-nummer B00786, vertegenwoordigd door de heer Bart Bosman, bedrijfsrevisor de dato 31.12.2025",
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},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}28-02-2025 Transaction in capital or shares
Technical details
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}12-11-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
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"single_shareholder_declaration": null
}14-05-2024 Niels De Schutter resigns as director
- Niels De Schutter, Bestuurder
Technical details
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}23-07-2021 Incorporation of a new BV
Technical details
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"founders": [
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"address": "9308 Aalst (Gijzegem), Drapstraat 27"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | The Labyrinth |