VentureLab
ActiveSummary
The annual accounts of VentureLab for fiscal year 2025 show a net loss of 102% of the equity at the start of that year. The 2025 annual accounts show equity of €85k and a net result of €-141k. Equity is shrinking by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 217 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-3
Solvency29▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.34 against 4.15 in 2024; short-term debt: 13.1% and cash: 0.1% of total assets), but 96.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-141k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 217 sector peers (2025).
NBB · sector comparisonPosition among 217 sector peers
Solvency
better than 15%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
33 d early
2022
28 d early
2021
19 d early
← 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, full schema
Turnover
€242k
EBIT margin
38.8%
Net result
€-141k▼ 86.7%
2024 · €-76k
2021: €985
2022: €93k
2023: €85
2024: €-76k
2021 → 2025
Working capital
€381k▼ 46.3%
2024 · €709k
2021: €1.47M
2022: €1.09M
2023: €1.07M
2024: €709k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€242k
Equity€122k-€214k▲ 76.2%€214k=€139k▼ 35.3%€85k▼ 38.6%
Operating result€2k-€94k▲ 4,442%€-2k€-83k▼ 3,809%€-112k▼ 33.9%
Net result€985-€93k▲ 9,316%€85▼ 99.9%€-76k€-141k▼ 86.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €112k in 2025 against €83k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.18M
Fixed assets
€1.51M ▲ 36.1%
Current assets
€665k ▼ 28.8%
Equity and liabilities €2.18M
Equity
€85k ▼ 38.6%
Debt
€2.09M ▲ 9.8%
Debt's share of the balance-sheet total rises from 93.2% to 96.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-68k▼
2024 · €-62k
Cash flow
€-97k▼
2024 · €-54k
Current ratio
2.34▼
2024 · 4.15
Debt to equity
24.58▲
2024 · 13.75
ROE
-166.1%▼
2024 · -54.6%
ROA
-6.5%▼
2024 · -3.7%
Interest coverage
-1.92▲
2024 · -25.50
Debt ≤ 1 year
€284k▲
2024 · €225k
Debt > 1 year
€1.09M▲
2024 · €828k
Income taxes
€1k
Staff costs
€510k▲
2024 · €500k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.05M€2.18M▲
Fixed assets21/28€1.11M€1.51M▲
Tangible fixed assets22/27€1.11M€1.51M▲
Land and buildings22€1.11M€1.49M▲
Furniture and vehicles24€7k€26k▲
Current assets29/58€934k€665k▼
Amounts receivable after more than one year29€67k€97k▲
Trade receivables290€67k€97k▲
Amounts receivable within one year40/41€142k€61k▼
Trade receivables40€126k€61k▼
Other amounts receivable41€16k€17▼
Cash at bank and in hand54/58€341k€2k▼
Deferred charges and accrued income490/1€383k€505k▲
Equity and liabilities
Total equity and liabilities10/49€2.05M€2.18M▲
Equity10/15€139k€85k▼
Contributions10/11€139k€-3k▼
Capital10€139k€-3k▼
Investment grants15-€88k
Amounts payable17/49€1.91M€2.09M▲
Amounts payable after more than one year17€828k€1.09M▲
Financial debts170/4€828k€1.09M▲
Amounts payable within one year42/48€225k€284k▲
Current portion of amounts payable after more than one year42€12k€48k▲
Financial debts43-€39k
Credit institutions430/8-€39k
Trade debts44€127k€106k▼
Suppliers440/4€127k€106k▼
Taxes, remuneration and social security45€83k€84k▲
Taxes450/3€20k€27k▲
Remuneration and social security454/9€64k€57k▼
Accrued charges and deferred income492/3€854k€719k▼
Income statement
Code20242025
Remuneration, social security and pensions62€500k€510k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€44k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€4k▲
Other operating charges640/8€103k€112k▲
Gross operating margin9900€544k€559k▲
Operating profit (loss)9901€-83k€-112k▼
Financial income75/76B€10k€6k▼
Recurring financial income75€10k€6k▼
Financial charges65/66B€2k€35k▲
Recurring financial charges65€2k€35k▲
Profit (loss) for the period before taxes9903€-76k€-140k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€-76k€-141k▼
Profit (loss) for the period to be appropriated9905€-76k€-141k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-141k▼
Profit (loss) brought forward from the previous period14P€93k-
From contributions791-€141k
To contributions691€17k-
Social balance
Average headcount (FTE)90877.97.3▼
The notes to these accounts (13 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
31-07
State Gazette act
Resignations: Xavier Peeters (director) and Luc Pire (director)Reappointments: Didier Mattivi, Maxime Deuse and Bernard Surlemont · Appointments: Fabienne Bister, Ben Piquard and Céline Keutgens9 facts ▸
State Gazette act
Resignations: Xavier Peeters (director) and Luc Pire (director)
Reappointments: Didier Mattivi, Maxime Deuse and Bernard Surlemont · Appointments: Fabienne Bister, Ben Piquard and Céline Keutgens9 facts ▸
- General meeting, 18/06/2026
- Director resignation, Xavier Peeters (director)
- Director resignation, Luc Pire (director)
- Director reappointment, Didier Mattivi (director)
- Director reappointment, Maxime Deuse (director)
- Director reappointment, Bernard Surlemont (chair of the board)
- Director appointment, Fabienne Bister (director)
- Director appointment, Ben Piquard (director)
- Director appointment, Céline Keutgens (director)
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-141k
Net result drops to €-141k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €93k ▲9316%
Operating result €94k, net result €93k, both a record.
31-12
Financial
Equity above €200kEq €214k ▲76.2%
2 profitable years in a row build equity to €214k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26099185). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ben Piquard
CurrentDirector · since 31-07-2026
Céline Keutgens
CurrentDirector · since 31-07-2026
Fabienne BISTER
CurrentDirector · since 31-07-2026
Bernard SURLEMONT
CurrentChair of the board
Didier Mattivi
CurrentDirector
Maxime Deuse
CurrentDirector
31-07-2026
Ben Piquard: Appointed as Director
31-07-2026
Céline Keutgens: Appointed as Director
31-07-2026
Fabienne BISTER: Appointed as Director
31-07-2026
Luc Pire: Resigned as Director
31-07-2026
Xavier Peeters: Resigned as Director
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2019
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.
Rue des Carmes 244000 LiègeGround area
387 m²
Building footprint
84 m²
Volume, LiDAR
1,344 m³
Parcel 62063A1644/00A000, Wallonia · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VentureLab
since 20192.288.036.592
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62063A1644/00A000 | Wallonia | 387 m² | 1 · 84 m² | 17.2 m · 5 fl. |
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.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
via Fabienne BISTER · Director
former→
via Bernard SURLEMONT · Director
former→
via Bernard SURLEMONT · Director
former→
via Bernard SURLEMONT · Director
former→
Similar companies · same sector, comparable size
FRANNICO
BE 0797.107.990
Merelbeke-Melle · Eq €85,121
LINTEC
BE 0882.842.926
Dilbeek · Eq €85,037
Payroll Masters
BE 0797.364.645
Westerlo · Eq €84,130
Majstro Developing People
BE 0660.830.217
Zoersel · Eq €86,274
MER Consult
BE 0797.004.458
Hensies · Eq €86,280
Of 1,014 companies in sector 78200 we hold annual accounts for 645. 460 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 formNon-profit association
Founded30-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
64210Activities of holding companies
82990Other business 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.
Contact details
1 entryE-mail:hello@venturelab.be