ACTIVE

LAB9 STORES

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Financial year 2025 · closed on 31/12/2025

Net result

2,3 M €

+3.8% YoY

Revenue

115,9 M €

+6.8% YoY

Equity

9 M €

+16.9% YoY

Workforce

201,5 ETP

+9.1% YoY

What does LAB9 STORES do?

LAB9 STORES is a Public limited company incorporated in 1988. Its registered office is in Kortrijk. It employs on average 201,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.088.955

Incorporation

25/04/1988

Legal form

Public limited company

Registered office

Dumolinlaan(Kor) 5
8500 Kortrijk · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

201,5 ETP

Joint committees (5)

14904
200
201
218
311

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	115,9 M €	+6.8%	108,4 M €	+10.9%	97,8 M €	+40.4%	69,6 M €	+54.7%	45 M €	+44.2%	31,2 M €	+19.8%	26,1 M €	+6.5%	24,5 M €	+2.4%	23,9 M €	+4.8%	22,8 M €	+9.1%	20,9 M €	+12.9%	18,5 M €	+54.5%	12 M €	+23.6%	9,7 M €	+28.7%	7,5 M €	-2.8%	7,8 M €	+129%	3,4 M €
EBITDA	4,9 M €	+1.6%	4,8 M €	+22.5%	3,9 M €	+63.0%	2,4 M €	+55.5%	1,5 M €	+140%	645,4 k €	+0.2%	644,2 k €	-13.0%	740,6 k €	-4.1%	772,6 k €	+7.3%	720 k €	-3.0%	742,5 k €	+34.7%	551,2 k €	-5.0%	580,4 k €	+85.8%	312,4 k €	+59.5%	195,9 k €	+23.7%	158,4 k €	+190%	54,6 k €
Operating result	3,7 M €	-0.3%	3,7 M €	+20.2%	3,1 M €	+69.4%	1,8 M €	+33.1%	1,4 M €	+214%	435,1 k €	-8.9%	477,8 k €	+2.5%	466,3 k €	+34.0%	347,9 k €	-20.9%	439,9 k €	-9.1%	484 k €	+15.0%	420,8 k €	-10.6%	470,6 k €	+98.3%	237,3 k €	+86.3%	127,3 k €	+36.3%	93,4 k €	+149%	37,4 k €
Net result	2,3 M €	+3.8%	2,2 M €	+13.3%	2 M €	+62.4%	1,2 M €	+23.1%	976,3 k €	+424%	186,3 k €	-25.0%	248,4 k €	+7.3%	231,4 k €	+50.2%	154 k €	-12.2%	175,4 k €	-17.9%	213,7 k €	+94.1%	110,1 k €	-61.1%	282,9 k €	+118%	130 k €	+51.6%	85,7 k €	+74.4%	49,2 k €	+251%	14 k €
Balance sheet
Equity	9 M €	+16.9%	7,7 M €	+30.2%	5,9 M €	+34.8%	4,4 M €	+17.5%	3,7 M €	+78.3%	2,1 M €	+9.8%	1,9 M €	+15.0%	1,7 M €	+16.3%	1,4 M €	+12.1%	1,3 M €	+16.0%	1,1 M €	+24.3%	880,3 k €	+14.3%	770,2 k €	+58.1%	487,2 k €	+36.4%	357,2 k €	+31.6%	271,5 k €	+22.1%	222,3 k €
Total assets	21,4 M €	-2.6%	21,9 M €	+8.4%	20,2 M €	+18.8%	17 M €	+142%	7 M €	-26.1%	9,5 M €	+74.9%	5,5 M €	+5.1%	5,2 M €	+3.9%	5 M €	+11.9%	4,5 M €	-3.3%	4,6 M €	+22.1%	3,8 M €	+52.8%	2,5 M €	+43.5%	1,7 M €	-1.7%	1,8 M €	+23.1%	1,4 M €	+62.1%	879,4 k €
Cash	2,1 M €	+40.9%	1,5 M €	-38.6%	2,4 M €	+11.9%	2,1 M €	+135%	912,6 k €	+48.4%	615 k €	+54.7%	397,5 k €	+15.4%	344,4 k €	+56.3%	220,4 k €	+39.1%	158,4 k €	-73.0%	585,7 k €	+80.6%	324,2 k €	+54.1%	210,4 k €	+135%	89,4 k €	-78.8%	422,2 k €	+923%	41,3 k €	-49.4%	81,6 k €
Debts	12,4 M €	-13.1%	14,2 M €	-0.5%	14,3 M €	+13.2%	12,6 M €	+280%	3,3 M €	-55.4%	7,4 M €	+110%	3,5 M €	+0.9%	3,5 M €	-1.6%	3,6 M €	+11.9%	3,2 M €	-9.1%	3,5 M €	+21.8%	2,9 M €	+70.5%	1,7 M €	+38.8%	1,2 M €	-11.1%	1,4 M €	+22.5%	1,1 M €	+70.3%	656,9 k €
Other
Workforce	201,5 ETP	+9.1%	184,7 ETP	+9.0%	169,4 ETP	+55.7%	108,8 ETP	+145%	44,4 ETP	+48.0%	30,0 ETP	0.0%	30,0 ETP	-0.7%	30,2 ETP	0.0%	30,2 ETP	+14.4%	26,4 ETP	+11.9%	23,6 ETP	+1.3%	23,3 ETP	+72.6%	13,5 ETP	+26.2%	10,7 ETP	+17.6%	9,1 ETP	+26.4%	7,2 ETP	+63.6%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

LAB9 Group

Director · since 23 juin 2025 · until 29 mai 2031 · 1020.266.487

Represented by Lien Coolman

Active

Petit Lardier

Director · since 23 juin 2025 · until 29 mai 2031 · 1005.157.154

Represented by Anthony Carlier

Active

Geert Coolman

Director · since 10 juillet 2001 · until 28 mai 2027

Active

Stefaan Seye

Director · since 10 juillet 2001 · until 23 juin 2025

Active

Ended mandates

Denis Rau

Manager · since 10 juillet 2001 · until 28 août 2008

Ended

Denis Rau

Manager · since 10 juillet 2001

Ended

Geert Coolman

Director · since 10 juillet 2001

Ended

Geert Coolman

Manager · since 10 juillet 2001

Ended

At this address

Other companies at this address

Company	CBE no.
ABIJ● Active	0452.422.747
Btw-eenheid Lab9 Group● Active	1027.461.117
LAB9 Group● Active	1020.266.487
LAB9 IMMO● Active	1026.034.425
Lab9 Pro● Active	0449.370.811

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2026	23/06/2025	17/06/2024	09/06/2023	19/05/2022	16/07/2021
General meeting	29/05/2026	23/06/2025	17/06/2024	09/06/2023	19/05/2022	14/07/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	02/06/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	09/06/2023	Dutch	PDF
Full model	31/12/2021	19/05/2022	19/05/2022	Dutch	PDF
Full model	31/12/2020	14/07/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	28/07/2020	Dutch	PDF
Full model	31/12/2018	17/07/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	10/07/2018	Dutch	PDF
Full model	31/12/2016	25/04/2017	26/04/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	02/06/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	08/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	23/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	29/06/2009	Dutch	PDF
Full model	31/08/2007	25/01/2008	21/02/2008	Dutch	PDF
Full model	31/08/2006	26/01/2007	14/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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 31/12/2025 · 4 active · 9 ended

Active mandates

LAB9 Group

Director · since 23 juin 2025 · until 29 mai 2031 · 1020.266.487

Represented by Lien Coolman

Active

Petit Lardier

Director · since 23 juin 2025 · until 29 mai 2031 · 1005.157.154

Represented by Anthony Carlier

Active

Geert Coolman

Director · since 10 juillet 2001 · until 28 mai 2027

Active

Stefaan Seye

Director · since 10 juillet 2001 · until 23 juin 2025

Active

Ended mandates

Denis Rau

Manager · since 10 juillet 2001 · until 28 août 2008

Ended

Denis Rau

Manager · since 10 juillet 2001

Ended

Geert Coolman

Director · since 10 juillet 2001

Ended

Geert Coolman

Manager · since 10 juillet 2001

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/01/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/10/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/05/2022
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates13/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2015
ONTSLAGEN - BENOEMINGEN
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 20252,3 M €↑
2024
Annual accounts 20242,2 M €↑
2023
Annual accounts 20232 M €↑
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 2021976,3 k €↑
2018
Annual accounts 2018186,3 k €↓
2017
Annual accounts 2017248,4 k €↑
2016
Annual accounts 2016231,4 k €↑
2015
Annual accounts 2015154 k €↓
2014
Annual accounts 2014175,4 k €↓
2013
Annual accounts 2013213,7 k €↑
2012
Annual accounts 2012110,1 k €↓
2011
Annual accounts 2011282,9 k €↑
2010
Annual accounts 2010130 k €↑
2009
Annual accounts 200985,7 k €↑
2008
Annual accounts 200849,2 k €↑
2007
Annual accounts 200714 k €
25/04/1988
IncorporationPublic limited company

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

LAB9 STORES

Overview

What does LAB9 STORES do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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