LABRES
ActiveSummary
LABRES has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €208k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 76% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-9
Solvency94▲+13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.36 in 2024; short-term debt: 16.9% and cash: 25.2% of total assets), and 30.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% 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
69.1%
Return on assets
10%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.44M
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
83 d early
2023
62 d early
2022
70 d early
2021
59 d early
2020
86 d early
2019
56 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.44M▲ 16.6%
2024 · €1.24M
2018: €1.14M
2019: €1.18M▲ +3.2% vs 2018
2020: €1.09M▼ -7.7% vs 2019
2021: €1.07M▼ -1.4% vs 2020
2022: €1.04M▼ -2.5% vs 2021
2023: €958k▼ -8.3% vs 2022lowest in 8 years
2024: €1.24M▲ +29.0% vs 2023
2025: €1.44M▲ +16.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.08M▼ 5.7%
2024 · €2.21M
2018: €3.61Mhighest in 8 years
2019: €3.44M▼ -4.8% vs 2018
2020: €3.30M▼ -4.1% vs 2019
2021: €3.34M▲ +1.3% vs 2020
2022: €3.19M▼ -4.4% vs 2021
2023: €2.64M▼ -17.3% vs 2022
2024: €2.21M▼ -16.3% vs 2023
2025: €2.08M▼ -5.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€208k▼ 44.8%
2024 · €376k
2018: €216k
2019: €97k▼ -55.1% vs 2018
2020: €197k▲ +104% vs 2019
2021: €144k▼ -26.9% vs 2020
2022: €86k▼ -40.3% vs 2021lowest in 8 years
2023: €132k▲ +53.0% vs 2022
2024: €376k▲ +185% vs 2023highest in 8 years
2025: €208k▼ -44.8% vs 2024
2018 → 2025
Working capital
€330k▲ 95.5%
2024 · €169k
2018: €559k
2019: €653k▲ +16.9% vs 2018highest in 8 years
2020: €401k▼ -38.5% vs 2019
2021: €379k▼ -5.5% vs 2020
2022: €425k▲ +12.0% vs 2021
2023: €348k▼ -18.1% vs 2022
2024: €169k▼ -51.5% vs 2023lowest in 8 years
2025: €330k▲ +95.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.04M▼ 2.5%€958k▼ 8.3%€1.24M▲ 29.0%€1.44M▲ 16.6%
2021: €1.07M
2022: €1.04M▼ -2.5% vs 2021
2023: €958k▼ -8.3% vs 2022lowest in 5 years
2024: €1.24M▲ +29.0% vs 2023
2025: €1.44M▲ +16.6% vs 2024highest in 5 years
Operating result€227k-€145k▼ 35.9%€220k▲ 51.5%€569k▲ 159%€325k▼ 42.9%
2021: €227k
2022: €145k▼ -35.9% vs 2021lowest in 5 years
2023: €220k▲ +51.5% vs 2022
2024: €569k▲ +159% vs 2023highest in 5 years
2025: €325k▼ -42.9% vs 2024
Net result€144k-€86k▼ 40.3%€132k▲ 53.0%€376k▲ 185%€208k▼ 44.8%
2021: €144k
2022: €86k▼ -40.3% vs 2021lowest in 5 years
2023: €132k▲ +53.0% vs 2022
2024: €376k▲ +185% vs 2023highest in 5 years
2025: €208k▼ -44.8% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.08M
Fixed assets
€1.40M ▼ 10.4%
Current assets
€682k ▲ 5.8%
Equity and liabilities €2.08M
Equity
€1.44M ▲ 16.6%
Debt
€643k ▼ 34.0%
Debt's share of the balance-sheet total falls from 44.1% to 30.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€552k▼
2024 · €805k
Cash flow
€435k▼
2024 · €612k
Current ratio
1.94▲
2024 · 1.36
Quick ratio
1.81▲
2024 · 1.26
Debt to equity
0.45▼
2024 · 0.79
ROE
14.4%▼
2024 · 30.4%
ROA
10.0%▼
2024 · 17.0%
Interest coverage
19.38▼
2024 · 22.72
Debt ≤ 1 year
€352k▼
2024 · €476k
Debt > 1 year
€282k▼
2024 · €490k
Income taxes
€91k▼
2024 · €170k
Staff costs
€403k▼
2024 · €806k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.21M€2.08M▼
Fixed assets21/28€1.57M€1.40M▼
Tangible fixed assets22/27€1.53M€1.34M▼
Land and buildings22€988k€916k▼
Plant, machinery and equipment23€538k€418k▼
Furniture and vehicles24€2k€7k▲
Financial fixed assets28€38k€62k▲
Current assets29/58€645k€682k▲
Stocks and contracts in progress3€46k€46k=
Stocks30/36€46k€46k=
Amounts receivable within one year40/41€174k€86k▼
Trade receivables40€103k€25k▼
Other amounts receivable41€70k€61k▼
Current investments50/53€0-
Cash at bank and in hand54/58€395k€525k▲
Deferred charges and accrued income490/1€31k€26k▼
Equity and liabilities
Total equity and liabilities10/49€2.21M€2.08M▼
Equity10/15€1.24M€1.44M▲
Contributions10/11€150k€150k=
Reserves13€1.08M€1.29M▲
Distributable reserves133€1.08M€1.29M▲
Profit (loss) carried forward14€0€0=
Investment grants15€4k€2k▼
Amounts payable17/49€974k€643k▼
Amounts payable after more than one year17€490k€282k▼
Financial debts170/4€490k€282k▼
Amounts payable within one year42/48€476k€352k▼
Current portion of amounts payable after more than one year42€155k€129k▼
Trade debts44€16k€30k▲
Suppliers440/4€16k€30k▲
Taxes, remuneration and social security45€74k€37k▼
Taxes450/3€36k€22k▼
Remuneration and social security454/9€38k€15k▼
Other amounts payable47/48€231k€157k▼
Accrued charges and deferred income492/3€8k€10k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€19k▲
Remuneration, social security and pensions62€806k€403k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€236k€227k▼
Other operating charges640/8€29k€64k▲
Gross operating margin9900€1.64M€1.02M▼
Operating profit (loss)9901€569k€325k▼
Financial income75/76B€12k€2k▼
Recurring financial income75€12k€2k▼
Financial charges65/66B€35k€28k▼
Recurring financial charges65€35k€28k▼
Profit (loss) for the period before taxes9903€546k€299k▼
Income taxes67/77€170k€91k▼
Profit (loss) for the period9904€376k€208k▼
Profit (loss) for the period to be appropriated9905€376k€208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€376k€208k▼
Transfer from equity791/2€95k€0▼
Transfer to equity691/2€376k€208k▼
To other reserves6921€376k€208k▼
Profit to be distributed694/7€95k€0▼
Return on contributions (dividend)694€95k€0▼
Social balance
Average headcount (FTE)908717.79.4▼
The notes to these accounts (17 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | €0 | - | €8k | €19k | ▲ 125% |
| Remuneration, social security and pensions62 | €683k | €753k | €801k | €806k | €403k | ▼ 50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €390k | €363k | €312k | €236k | €227k | ▼ 3.6% |
| Other operating charges640/8 | €57k | €25k | €27k | €29k | €64k | ▲ 121% |
| Non-recurring operating charges66A | €2k | €0 | - | - | - | - |
| Gross operating margin9900 | €1.36M | €1.29M | €1.36M | €1.64M | €1.02M | ▼ 37.9% |
| Operating profit (loss)9901 | €227k | €145k | €220k | €569k | €325k | ▼ 42.9% |
| Financial income75/76B | €13k | €139 | €158 | €12k | €2k | ▼ 83.8% |
| Recurring financial income75 | €13k | €139 | €158 | €12k | €2k | ▼ 83.8% |
| Financial charges65/66B | €46k | €47k | €38k | €35k | €28k | ▼ 19.6% |
| Recurring financial charges65 | €46k | €47k | €38k | €35k | €28k | ▼ 19.6% |
| Profit (loss) for the period before taxes9903 | €194k | €98k | €182k | €546k | €299k | ▼ 45.3% |
| Income taxes67/77 | €49k | €12k | €50k | €170k | €91k | ▼ 46.4% |
| Profit (loss) for the period9904 | €144k | €86k | €132k | €376k | €208k | ▼ 44.8% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €144k | €86k | €132k | €376k | €208k | ▼ 44.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.34M | €3.19M | €2.64M | €2.21M | €2.08M | ▼ 5.7% |
| Fixed assets21/28 | €2.20M | €2.01M | €1.77M | €1.57M | €1.40M | ▼ 10.4% |
| Tangible fixed assets22/27 | €2.20M | €2.01M | €1.76M | €1.53M | €1.34M | ▼ 12.2% |
| Land and buildings22 | €1.34M | €1.22M | €1.09M | €988k | €916k | ▼ 7.2% |
| Plant, machinery and equipment23 | €808k | €778k | €665k | €538k | €418k | ▼ 22.3% |
| Furniture and vehicles24 | €20k | €12k | €5k | €2k | €7k | ▲ 296% |
| Assets under construction and advance payments27 | €25k | €0 | - | - | - | - |
| Financial fixed assets28 | €240 | €240 | €14k | €38k | €62k | ▲ 61.3% |
| Current assets29/58 | €1.15M | €1.19M | €866k | €645k | €682k | ▲ 5.8% |
| Stocks and contracts in progress3 | €154k | €315k | €130k | €46k | €46k | = |
| Stocks30/36 | €154k | €315k | €130k | €46k | €46k | = |
| Amounts receivable within one year40/41 | €91k | €89k | €104k | €174k | €86k | ▼ 50.5% |
| Trade receivables40 | €5k | €5k | €40k | €103k | €25k | ▼ 75.5% |
| Other amounts receivable41 | €86k | €84k | €64k | €70k | €61k | ▼ 13.7% |
| Current investments50/53 | - | - | €500k | €0 | - | - |
| Cash at bank and in hand54/58 | €859k | €733k | €117k | €395k | €525k | ▲ 33.0% |
| Deferred charges and accrued income490/1 | €42k | €52k | €15k | €31k | €26k | ▼ 16.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.34M | €3.19M | €2.64M | €2.21M | €2.08M | ▼ 5.7% |
| Equity10/15 | €1.07M | €1.04M | €958k | €1.24M | €1.44M | ▲ 16.6% |
| Contributions10/11 | €150k | €150k | €150k | €150k | €150k | = |
| Reserves13 | €906k | €883k | €800k | €1.08M | €1.29M | ▲ 19.2% |
| Non-distributable reserves130/1 | €15k | €15k | €0 | - | - | - |
| Reserves not available under the articles1311 | €15k | €15k | €0 | - | - | - |
| Distributable reserves133 | €891k | €868k | €800k | €1.08M | €1.29M | ▲ 19.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Investment grants15 | €16k | €12k | €7k | €4k | €2k | ▼ 50.0% |
| Amounts payable17/49 | €2.27M | €2.15M | €1.68M | €974k | €643k | ▼ 34.0% |
| Amounts payable after more than one year17 | €1.50M | €1.38M | €1.16M | €490k | €282k | ▼ 42.6% |
| Financial debts170/4 | €1.50M | €1.38M | €1.16M | €490k | €282k | ▼ 42.6% |
| Amounts payable within one year42/48 | €766k | €763k | €517k | €476k | €352k | ▼ 26.0% |
| Current portion of amounts payable after more than one year42 | €312k | €256k | €203k | €155k | €129k | ▼ 17.0% |
| Trade debts44 | €82k | €22k | €0 | €16k | €30k | ▲ 90.8% |
| Suppliers440/4 | €82k | €22k | €0 | €16k | €30k | ▲ 90.8% |
| Taxes, remuneration and social security45 | €41k | €41k | €39k | €74k | €37k | ▼ 50.5% |
| Taxes450/3 | €3k | €15k | €9k | €36k | €22k | ▼ 40.5% |
| Remuneration and social security454/9 | €39k | €26k | €30k | €38k | €15k | ▼ 60.2% |
| Other amounts payable47/48 | €331k | €444k | €275k | €231k | €157k | ▼ 32.1% |
| Accrued charges and deferred income492/3 | €5k | €11k | €5k | €8k | €10k | ▲ 18.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144k | €86k | €132k | €376k | €208k | ▼ 44.8% |
| + Depreciation and write-downs630 | €390k | €363k | €312k | €236k | €227k | ▼ 3.6% |
| Operating cash flow (approximation) | €534k | €449k | €444k | €612k | €435k | ▼ 28.9% |
| Investment in fixed assets (approximation) | - | €-173k | €-81k | €-26k | €-64k | ▼ 143% |
| Change in cash | - | €-126k | €-615k | €278k | €130k | ▼ 53.0% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €376k ▲185%
Operating result €569k, net result €376k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲29%
7 profitable years in a row build equity to €1.24M.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €86k ▼40.3%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Hoogstraten · 1 establishment unit since 2005
Ground area
3,155 m²
Building footprint
397 m²
Volume, LiDAR
1,070 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Labres
since 20052.149.808.327
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13020C0426/00D000 | Flanders | 2,000 m² | 1 · 229 m² | 7.9 m · 2 fl. |
| 13020C0428/00G000 | Flanders | 1,155 m² | 1 · 168 m² | 2.4 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,099 EUR awarded · 1,099 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 204 EUR | 204 EUR |
| 2022 | 1 | 895 EUR | 895 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoogstraten2.149.808.327
Similar companies · same sector, comparable size
VAMO
BE 0446.994.509
Wevelgem · Eq €1.48M
GREENFIELD SELECTION
BE 0427.075.954
Deinze · Eq €1.31M
INNOFRUIT
BE 0893.602.404
Hoogstraten · Eq €1.29M
HENGSTENHOUDERIJ VAN DIJCK
BE 0425.675.194
Ranst · Eq €1.22M
De Paep Maarten
BE 0692.692.638
Sint-Gillis-Waas · Eq €1.20M
Of 526 companies in sector 01250 we hold annual accounts for 118. 75 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
Founded29-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
01250Crop and animal production, hunting and related service activities
01620Support activities for animal production
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
Scores and ratios are computed by Checked and are not a credit decision.