ACTIVE

LabCorp

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Financial year 2025 · closed on 31/12/2025

Net result

4,2 M €

+25.3% YoY

Revenue

64,2 M €

+6.0% YoY

Equity

26,0 M €

+19.2% YoY

Workforce

254,5 ETP

+4.8% YoY

What does LabCorp do?

LabCorp is a Private limited company incorporated in 1999. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Mechelen. It employs on average 254,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.578.521

Incorporation

12/03/1999

Legal form

Private limited company

Registered office

Zandvoortstraat 2
2800 Mechelen · FlandreSee on map

Contributed capital

9 651 080,60 €

Latest accounts

31/12/2025

Average workforce

254,5 ETP

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising

Joint committees (4)

100
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	64,2 M €	+6.0%	60,6 M €	+10.1%	55,0 M €	+25.8%	43,7 M €	+9.8%	39,8 M €	+65.4%	24,1 M €	-30.4%	34,6 M €	-9.4%	38,2 M €	+39.6%	27,3 M €	+6.0%	25,8 M €	+4.1%	24,8 M €	+24.6%	19,9 M €	+6.7%	18,6 M €	-1.0%	18,8 M €	-15.4%	22,2 M €	+5.7%	21,0 M €	+51.7%	13,9 M €
EBITDA	9,4 M €	+6.2%	8,9 M €	+0.2%	8,8 M €	+31.2%	6,7 M €	+28.9%	5,2 M €	+173%	1,9 M €	+501%	-475,9 k €	-112%	3,9 M €	+52.7%	2,5 M €	+96.0%	1,3 M €	-22.4%	1,7 M €	+41.9%	1,2 M €	+59.1%	739,6 k €	+245%	-511,5 k €	-1379%	40,0 k €	-28.5%	55,9 k €	+103%	-1,9 M €
Operating result	5,5 M €	+9.3%	5,0 M €	+10.9%	4,5 M €	+39.7%	3,3 M €	+24.7%	2,6 M €	+46.5%	1,8 M €	+221%	-1,5 M €	-142%	3,5 M €	+52.5%	2,3 M €	+113%	1,1 M €	-24.1%	1,4 M €	+51.5%	948,3 k €	+84.3%	514,5 k €	+161%	-838,4 k €	-172%	-308,5 k €	-7.4%	-287,3 k €	+86.9%	-2,2 M €
Net result	4,2 M €	+25.3%	3,4 M €	-2.8%	3,5 M €	+21.8%	2,8 M €	+17.0%	2,4 M €	+32.5%	1,8 M €	+218%	-1,6 M €	-146%	3,4 M €	+31.6%	2,6 M €	+146%	1,1 M €	-24.6%	1,4 M €	+46.7%	953,4 k €	+51.0%	631,3 k €	+176%	-827,3 k €	-267%	-225,6 k €	+58.8%	-547,9 k €	+79.8%	-2,7 M €
Balance sheet
Equity	26,0 M €	+19.2%	21,8 M €	+18.1%	18,5 M €	+22.9%	15,0 M €	+23.2%	12,2 M €	-22.0%	15,6 M €	+13.2%	13,8 M €	-10.1%	15,4 M €	+28.5%	12,0 M €	+27.7%	9,4 M €	+12.7%	8,3 M €	+20.2%	6,9 M €	+16.0%	6,0 M €	+11.8%	5,3 M €	-13.4%	6,2 M €	-3.5%	6,4 M €	-7.9%	6,9 M €
Total assets	36,1 M €	+11.1%	32,5 M €	+5.5%	30,8 M €	+8.2%	28,4 M €	-34.3%	43,3 M €	+108%	20,8 M €	-2.5%	21,3 M €	+7.8%	19,8 M €	+28.4%	15,4 M €	+17.3%	13,1 M €	+7.8%	12,2 M €	+21.8%	10,0 M €	+29.3%	7,7 M €	+11.3%	6,9 M €	-17.7%	8,4 M €	+0.1%	8,4 M €	-5.2%	8,9 M €
Cash	5,6 M €	+16.2%	4,8 M €	+58.9%	3,0 M €	+398%	604,2 k €	-59.0%	1,5 M €	+32.9%	1,1 M €	-87.2%	8,7 M €	-9.9%	9,6 M €	+40.2%	6,9 M €	+120%	3,1 M €	-4.9%	3,3 M €	+132%	1,4 M €	-16.5%	1,7 M €	+62.0%	1,0 M €	+34.7%	777,1 k €	-15.5%	919,3 k €	+111%	435,5 k €
Debts	10,0 M €	-5.7%	10,6 M €	-13.4%	12,3 M €	-8.4%	13,4 M €	-56.9%	31,1 M €	+519%	5,0 M €	+36.2%	3,7 M €	-13.6%	4,3 M €	+29.4%	3,3 M €	-8.9%	3,6 M €	-0.5%	3,6 M €	+18.0%	3,1 M €	+74.0%	1,8 M €	+9.7%	1,6 M €	-29.3%	2,3 M €	+11.4%	2,1 M €	+4.1%	2,0 M €
Other
Workforce	254,5 ETP	+4.8%	242,8 ETP	+11.0%	218,8 ETP	-6.5%	234,1 ETP	+38.1%	169,5 ETP	+119%	77,3 ETP	-27.1%	106,1 ETP	+1.8%	104,2 ETP	+4.3%	99,9 ETP	+6.1%	94,2 ETP	+5.3%	89,5 ETP	+7.1%	83,6 ETP	+4.1%	80,3 ETP	-4.3%	83,9 ETP	-3.1%	86,6 ETP	-0.1%	86,7 ETP	+4.0%	83,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 18 ended

Active mandates

Kathryn KYLE

Director · since 16 avril 2025

Active

Robert HAINSWORTH

Director · since 16 avril 2025

Active

Thomas J KREMER

Director · since 27 février 2024

Active

Glenn EISENBERG

Director · since 11 novembre 2020 · until 15 avril 2025

Active

Sandra VAN DER VAART

Director · since 27 juin 2019 · until 15 avril 2025

Active

Ended mandates

Kathryn KYLE

Director · since 15 avril 2025

Ended

Robert HAINSWORTH

Director · since 15 avril 2025

Ended

Thomas J. Kremer

Director · since 27 février 2024

Ended

Glenn A. Eisenberg

Director · since 11 novembre 2020

Ended

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	29/05/2026	24/06/2025	15/05/2024	14/07/2023	16/12/2022	09/11/2021
General meeting	26/05/2026	20/06/2025	06/05/2024	09/07/2023	13/12/2022	29/10/2021
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	26/05/2026	29/05/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	06/05/2024	15/05/2024	Dutch	PDF
Full model	31/12/2022	09/07/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	13/12/2022	16/12/2022	Dutch	PDF
Full model	31/12/2020	29/10/2021	09/11/2021	Dutch	PDF
Full model	31/12/2019	12/11/2020	13/11/2020	Dutch	PDF
Full model	31/12/2018	28/01/2020	06/02/2020	Dutch	PDF
Full model	31/12/2017	17/12/2018	31/12/2018	Dutch	PDF
Full model	31/12/2016	14/07/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	09/05/2016	Dutch	PDF
Full model	31/12/2014	25/05/2015	18/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	24/06/2014	Dutch	PDF
Full model	31/12/2012	06/05/2013	30/05/2013	Dutch	PDF
Full model	31/12/2011	07/05/2012	04/06/2012	Dutch	PDF
Full model	31/12/2010	02/05/2011	25/05/2011	Dutch	PDF
Full model	31/12/2009	21/05/2010	28/05/2010	Dutch	PDF
Full model	31/12/2008	20/05/2009	05/06/2009	Dutch	PDF
Full model	31/12/2007	27/06/2008	22/07/2008	Dutch	PDF
Full model	31/12/2006	25/06/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 5 active · 18 ended

Active mandates

Kathryn KYLE

Director · since 16 avril 2025

Active

Robert HAINSWORTH

Director · since 16 avril 2025

Active

Thomas J KREMER

Director · since 27 février 2024

Active

Glenn EISENBERG

Director · since 11 novembre 2020 · until 15 avril 2025

Active

Sandra VAN DER VAART

Director · since 27 juin 2019 · until 15 avril 2025

Active

Ended mandates

Kathryn KYLE

Director · since 15 avril 2025

Ended

Robert HAINSWORTH

Director · since 15 avril 2025

Ended

Thomas J. Kremer

Director · since 27 février 2024

Ended

Glenn A. Eisenberg

Director · since 11 novembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other23/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates26/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2020
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 20254,2 M €↑
2024
Annual accounts 20243,4 M €↓
2023
Annual accounts 20233,5 M €↑
2022
Annual accounts 20222,8 M €↑
2021
Annual accounts 20212,4 M €↑
2017
Annual accounts 20171,8 M €↑
2016
Annual accounts 2016-1,6 M €↓
2015
Annual accounts 20153,4 M €↑
2014
Annual accounts 20142,6 M €↑
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,4 M €↑
2011
Annual accounts 2011953,4 k €↑
2010
Annual accounts 2010631,3 k €↑
2009
Annual accounts 2009-827,3 k €↓
2008
Annual accounts 2008-225,6 k €↑
2007
Annual accounts 2007-547,9 k €↑
2006
Annual accounts 2006-2,7 M €
12/03/1999
IncorporationPrivate 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

LabCorp

Overview

What does LabCorp do?

Trend over 17 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