ACTIVE

STUDIEGROEP LABYRINT

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

24,4 k €

+85.0% YoY

Gross margin

855,1 k €

+8.6% YoY

Equity

771,8 k €

+3.3% YoY

Workforce

10,5 ETP

+1.9% YoY

What does STUDIEGROEP LABYRINT do?

STUDIEGROEP LABYRINT is a Private company with limited liability incorporated in 1984. Its registered office is in Asse. It employs on average 10,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.658.260

Incorporation

10/12/1984

Legal form

Private company with limited liability

Registered office

Z. 5 Mollem 270
1730 Asse · FlandreSee on map

Contributed capital

24 789,35 €

Latest accounts

30/09/2025

Average workforce

10,5 ETP

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	855,1 k €	+8.6%	787,4 k €	+8.3%	727 k €	+21.1%	600,5 k €	+6.6%	563,3 k €	+4.6%	538,8 k €	-10.9%	605 k €	-2.5%	620,3 k €	-3.4%	642 k €	-4.1%	669,1 k €	+4.4%	640,6 k €	-1.7%	651,6 k €	+9.1%	597 k €	+7.6%	554,6 k €	-6.7%	594,2 k €	+9.6%	541,9 k €	-0.0%	542,1 k €	-4.6%	568,3 k €	+6.6%	533,1 k €	+4.7%	509,2 k €
EBITDA	183,1 k €	+11.2%	164,7 k €	-5.0%	173,3 k €	+62.1%	106,9 k €	-1.2%	108,2 k €	+3.0%	105 k €	+26.8%	82,8 k €	-11.6%	93,7 k €	-3.6%	97,2 k €	-16.2%	115,9 k €	+7.7%	107,6 k €	+15.9%	92,8 k €	+2.6%	90,5 k €	+30.5%	69,3 k €	-40.2%	116 k €	+40.1%	82,8 k €	-27.3%	113,8 k €	-16.8%	136,8 k €	+4.4%	131,1 k €	+18.9%	110,3 k €
Operating result	87,4 k €	+18.6%	73,7 k €	-7.9%	80 k €	+187%	27,9 k €	+6.8%	26,1 k €	-36.3%	40,9 k €	+110%	19,5 k €	-34.0%	29,6 k €	+5.1%	28,1 k €	-40.1%	46,9 k €	+14.5%	41 k €	+43.7%	28,5 k €	-7.3%	30,8 k €	+8.2%	28,4 k €	-58.2%	68 k €	+29.6%	52,5 k €	-17.1%	63,3 k €	-18.6%	77,8 k €	+17.3%	66,3 k €	+36.0%	48,7 k €
Net result	24,4 k €	+85.0%	13,2 k €	-71.0%	45,5 k €	+297%	11,5 k €	+5.0%	10,9 k €	-27.2%	15 k €	+855%	1,6 k €	-59.9%	3,9 k €	+236%	-2,9 k €	-125%	11,6 k €	+2136%	519,8 €	-92.8%	7,2 k €	+4453%	157,8 €	-99.9%	212,1 k €	+1197%	16,4 k €	+80.3%	9,1 k €	-32.7%	13,5 k €	-45.8%	24,9 k €	+33.5%	18,6 k €	+57.3%	11,8 k €
Balance sheet
Equity	771,8 k €	+3.3%	747,4 k €	+1.8%	734,2 k €	+2.2%	718,8 k €	-2.5%	737,3 k €	-2.5%	756,4 k €	+2.0%	741,4 k €	+0.2%	739,8 k €	+0.5%	735,9 k €	-0.4%	738,7 k €	+1.6%	727,1 k €	+0.1%	726,6 k €	+1.0%	719,4 k €	+0.0%	719,3 k €	+41.8%	507,1 k €	+3.3%	490,8 k €	+1.9%	481,7 k €	+2.9%	468,2 k €	+5.6%	443,3 k €	+4.4%	424,7 k €
Total assets	1,7 M €	-2.4%	1,8 M €	+6.1%	1,7 M €	-7.8%	1,8 M €	-20.0%	2,3 M €	+4.4%	2,2 M €	+6.8%	2 M €	-2.7%	2,1 M €	+7.6%	1,9 M €	-3.0%	2 M €	-2.6%	2,1 M €	+3.4%	2 M €	-2.4%	2 M €	-6.6%	2,2 M €	+16.2%	1,9 M €	+20.3%	1,6 M €	-0.9%	1,6 M €	+18.9%	1,3 M €	-4.2%	1,4 M €	-0.9%	1,4 M €
Cash	60,2 k €	-5.6%	63,7 k €	+27.2%	50,1 k €	-55.7%	113,1 k €	+109%	54,2 k €	-15.3%	64 k €	+83.6%	34,9 k €	-63.5%	95,5 k €	+35.9%	70,3 k €	-43.0%	123,3 k €	+41.2%	87,3 k €	+44.9%	60,3 k €	-45.8%	111,2 k €	-11.2%	125,2 k €	+248%	35,9 k €	-22.8%	46,5 k €	-42.0%	80,3 k €	-3.9%	83,6 k €	+47.5%	56,7 k €	+78.3%	31,8 k €
Debts	956,7 k €	-6.5%	1 M €	+9.4%	934,9 k €	-13.5%	1,1 M €	-28.1%	1,5 M €	+8.9%	1,4 M €	+10.7%	1,2 M €	-3.7%	1,3 M €	+13.4%	1,1 M €	-4.1%	1,2 M €	-4.1%	1,2 M €	+6.4%	1,2 M €	-3.7%	1,2 M €	-10.1%	1,3 M €	-1.1%	1,4 M €	+28.2%	1,1 M €	-2.2%	1,1 M €	+27.6%	852 k €	-7.9%	924,9 k €	-3.7%	960,5 k €
Other
Workforce	10,5 ETP	+1.9%	10,3 ETP	-17.6%	12,5 ETP	0.0%	12,5 ETP	+37.4%	9,1 ETP	-15.7%	10,8 ETP	0.0%	10,8 ETP	-1.8%	11,0 ETP	-6.8%	11,8 ETP	-5.6%	12,5 ETP	-1.6%	12,7 ETP	+0.8%	12,6 ETP	+13.5%	11,1 ETP	+8.8%	10,2 ETP	-3.8%	10,6 ETP	+5.0%	10,1 ETP	+3.1%	9,8 ETP	-2.0%	10,0 ETP	+4.2%	9,6 ETP	-3.0%	9,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Erik Schuermans

Manager

Active

Ended mandates

Erik Schuermans

Director

Ended

Erik Schuermans

Administrator - manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	20/05/2025	08/05/2024	23/06/2023	23/09/2022	31/05/2021
General meeting	02/03/2026	03/03/2025	04/03/2024	04/03/2023	05/03/2022	06/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	02/03/2026	12/05/2026	Dutch	PDF
Abridged model	30/09/2024	03/03/2025	20/05/2025	Dutch	PDF
Abridged model	30/09/2023	04/03/2024	08/05/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	23/06/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	23/09/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	31/05/2021	Dutch	PDF
Abridged model	30/09/2019	06/03/2020	17/09/2020	Dutch	PDF
Abridged model	30/09/2018	24/03/2019	29/06/2019	Dutch	PDF
Abridged model	30/09/2017	24/03/2018	23/05/2018	Dutch	PDF
Abridged model	30/09/2016	24/03/2017	31/05/2017	Dutch	PDF
Abridged model	30/09/2015	31/03/2016	03/06/2016	Dutch	PDF
Abridged model	30/09/2014	31/03/2015	04/05/2015	Dutch	PDF
Abridged model	30/09/2013	30/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	17/05/2013	Dutch	PDF
Abridged model	30/09/2011	30/03/2012	26/04/2012	Dutch	PDF
Abridged model	30/09/2010	30/03/2011	18/08/2011	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	27/04/2010	Dutch	PDF
Abridged model	30/09/2008	30/03/2009	27/04/2009	Dutch	PDF
Abridged model	30/09/2007	30/03/2008	18/04/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Erik Schuermans

Manager

Active

Ended mandates

Erik Schuermans

Director

Ended

Erik Schuermans

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/02/2012
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202524,4 k €↑
2024
Annual accounts 202413,2 k €↓
2023
Annual accounts 202345,5 k €↑
2022
Annual accounts 202211,5 k €↑
2021
Annual accounts 202110,9 k €↓
2020
Annual accounts 202015 k €↑
2019
Annual accounts 20191,6 k €↓
2018
Annual accounts 20183,9 k €↑
2017
Annual accounts 2017-2,9 k €↓
2016
Annual accounts 201611,6 k €↑
2015
Annual accounts 2015519,8 €↓
2014
Annual accounts 20147,2 k €↑
2013
Annual accounts 2013157,8 €↓
2012
Annual accounts 2012212,1 k €↑
2011
Annual accounts 201116,4 k €↑
2010
Annual accounts 20109,1 k €↓
2009
Annual accounts 200913,5 k €↓
2008
Annual accounts 200824,9 k €↑
2007
Annual accounts 200718,6 k €↑
2006
Annual accounts 200611,8 k €
10/12/1984
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STUDIEGROEP LABYRINT

Overview

What does STUDIEGROEP LABYRINT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline