WE ARE LABELS BELGIUM
ActiveSummary
WE ARE LABELS BELGIUM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110k and a net result of €3k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 69% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-20
Solvency88▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 3.08 in 2023; short-term debt: 36.9% and cash: 0% of total assets), and 36.9% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €110k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
85 d late
2022
73 d late
2021
85 d late
2020
27 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€110k▲ 2.7%
2023 · €107k
2019: €100k
2020: €105k
2021: €106k
2022: €92k
2023: €107k
2019 → 2024
Total assets
€174k▲ 9.9%
2023 · €159k
2019: €272k
2020: €208k
2021: €224k
2022: €247k
2023: €159k
2019 → 2024
Net result
€3k▼ 81.4%
2023 · €15k
2019: €10k
2020: €5k
2021: €725
2022: €-14k
2023: €15k
2019 → 2024
Working capital
€110k▲ 2.7%
2023 · €107k
2019: €96k
2020: €106k
2021: €117k
2022: €116k
2023: €107k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€105k-€106k▲ 0.7%€92k▼ 13.4%€107k▲ 16.6%€110k▲ 2.7%
Operating result€5k-€3k▼ 47.9%€-12k€15k€55k▲ 265%
Net result€5k-€725▼ 86.6%€-14k€15k€3k▼ 81.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 265% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €174k
Equity
€110k ▲ 2.7%
Debt
€64k ▲ 25.1%
Debt's share of the balance-sheet total rises from 32.4% to 36.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.71▼
2023 · 3.08
Debt to equity
0.59▲
2023 · 0.48
ROE
2.6%▼
2023 · 14.3%
ROA
1.6%▼
2023 · 9.6%
Debt ≤ 1 year
€64k▲
2023 · €51k
Income taxes
€1k▲
2023 · €375
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 · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€159k€174k▲
Current assets29/58€159k€174k▲
Amounts receivable within one year40/41€147k€174k▲
Trade receivables40€71k€167k▲
Other amounts receivable41€76k€7k▼
Cash at bank and in hand54/58€33€67▲
Deferred charges and accrued income490/1€12k€0▼
Equity and liabilities
Total equity and liabilities10/49€159k€174k▲
Equity10/15€107k€110k▲
Contributions10/11€100k€100k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€1k€4k▲
Amounts payable17/49€51k€64k▲
Amounts payable within one year42/48€51k€64k▲
Trade debts44€51k€37k▼
Suppliers440/4€51k€37k▼
Taxes, remuneration and social security45€375€1k▲
Taxes450/3€375€1k▲
Other amounts payable47/48€0€26k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Other operating charges640/8€10k€10k▲
Gross operating margin9900€25k€65k▲
Operating profit (loss)9901€15k€55k▲
Financial income75/76B-€969
Recurring financial income75-€969
Financial charges65/66B€-489€53k▲
Recurring financial charges65€-489€53k▲
Profit (loss) for the period before taxes9903€16k€4k▼
Income taxes67/77€375€1k▲
Profit (loss) for the period9904€15k€3k▼
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€4k▲
Profit (loss) brought forward from the previous period14P€-14k€1k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 85 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Equity above €100kEq €107k ▲16.6%
Equity rises from €92k to €107k.
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 73 days late
2022
31-12
Financial
Weakest financial yearnet €-14k ▼2068%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 85 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 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, Antwerpen · 1 establishment unit since 2018
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.
Kammenstraat 432000 AntwerpenGround area
1,751 m²
Building footprint
1,805 m²
Volume, LiDAR
34,780 m³
2 parcels, Flanders · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
FISH & CHIPS ANTWERP
since 20182.280.542.155
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0096/00A000 | Flanders | 1,474 m² | 1 · 1,474 m² | 25.9 m · 7 fl. |
| 11803C1971/00C000 | Flanders | 277 m² | 1 · 331 m² | 20.7 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
STOF HOUSE
BE 0460.323.990
Oupeye · Eq €111k
JHF Belgium
BE 0636.791.241
Jette · Eq €109k
PHOENIX BUILDING
BE 0597.987.974
Brussel · Eq €112k
Mooma
BE 0804.052.202
Kuurne · Eq €113k
Textiel Troch
BE 0432.424.317
Sint-Niklaas · Eq €114k
Of 236 companies in sector 46419 we hold annual accounts for 130. 95 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 (pre-2019)
Founded16-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46419Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.