ACTIVE

LABECO

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Financial year 2025 · closed on 31/12/2025

Net result

121,7 k €

+119.5% YoY

Revenue

13,6 M €

-24.8% YoY

Equity

4,2 M €

+3.0% YoY

Workforce

15,0 ETP

0.0% YoY

What does LABECO do?

LABECO is a Private limited company incorporated in 2007. Its main activity is: Agents involved in the sale of timber and building materials. Its registered office is in Waregem. It employs on average 15,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.779.297

Incorporation

31/08/2007

Legal form

Private limited company

Registered office

Sprietestraat 326
8792 Waregem · FlandreSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Average workforce

15,0 ETP

Activities (NACE)

46130Agents involved in the sale of timber and building materials· main 46130Agents involved in the sale of timber and building materials 46732Wholesale of wood, construction materials and sanitary equipment 46832Wholesale trade, except of motor vehicles and motorcycles 51130Passenger air transport

Joint committees (4)

125
12503
200
218

Signals

ProfitableGood 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		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	13,6 M €	-24.8%	18 M €	-23.4%	23,6 M €	-20.3%	29,6 M €	+15.5%	25,6 M €	+30.8%	19,6 M €	-4.3%	20,4 M €	+0.1%	20,4 M €	+0.8%	20,3 M €	+12.1%	18,1 M €	+14.0%	15,8 M €	-6.8%	17 M €	+16.5%	14,6 M €	+7.7%	13,6 M €	+8.4%	12,5 M €		–		–
EBITDA	376,5 k €	+11.4%	337,9 k €	-56.4%	775,5 k €	-23.6%	1 M €	+14.6%	886,1 k €	+139%	370,2 k €	-25.1%	493,9 k €	-9.8%	547,9 k €	-15.4%	647,8 k €	+15.6%	560,2 k €	+10.3%	507,7 k €	-8.6%	555,2 k €	-34.9%	853,2 k €	-34.7%	1,3 M €	+22.6%	1,1 M €	+126%	471,4 k €	-5.3%	497,8 k €
Operating result	415,8 k €	+13.9%	364,9 k €	-38.0%	588,2 k €	-28.6%	824,3 k €	+26.8%	650 k €	+129%	284,4 k €	-21.6%	362,8 k €	-29.8%	516,4 k €	-7.5%	558,4 k €	+16.6%	478,8 k €	+3.3%	463,3 k €	-10.7%	518,7 k €	-30.4%	744,9 k €	-35.9%	1,2 M €	+15.2%	1 M €	+146%	409,3 k €	-13.0%	470,4 k €
Net result	121,7 k €	+119%	55,5 k €	+328%	13 k €	-96.5%	372,6 k €	+41.1%	264 k €	+563%	-57,1 k €	-217%	48,8 k €	-71.6%	172,3 k €	-23.0%	223,8 k €	+5.3%	212,5 k €	+29.2%	164,5 k €	-23.6%	215,2 k €	-24.1%	283,4 k €	-52.0%	590 k €	-2.4%	604,3 k €	+77.5%	340,5 k €	+2.9%	330,8 k €
Balance sheet
Equity	4,2 M €	+3.0%	4,1 M €	+1.4%	4,1 M €	+0.3%	4 M €	+10.1%	3,7 M €	+12.9%	3,3 M €	-1.7%	3,3 M €	+1.5%	3,3 M €	+5.6%	3,1 M €	+7.8%	2,9 M €	+8.0%	2,7 M €	+6.6%	2,5 M €	+9.5%	2,3 M €	+14.2%	2 M €	+42.1%	1,4 M €	+75.9%	796,2 k €	+74.7%	455,8 k €
Total assets	17,6 M €	-10.8%	19,7 M €	+3.8%	19 M €	-15.9%	22,6 M €	+34.6%	16,8 M €	+26.1%	13,3 M €	-12.7%	15,3 M €	+29.6%	11,8 M €	+11.2%	10,6 M €	+12.8%	9,4 M €	+0.4%	9,3 M €	-4.8%	9,8 M €	+25.0%	7,9 M €	+16.1%	6,8 M €	+9.7%	6,2 M €	+51.7%	4,1 M €	-5.4%	4,3 M €
Cash	91 k €	-84.9%	600,6 k €	+49.4%	402 k €	+662%	52,8 k €	-73.5%	199 k €	-17.3%	240,6 k €	+173%	88 k €	+933%	8,5 k €	-91.0%	94,3 k €	+105%	46,1 k €	+122%	20,8 k €	-68.9%	66,8 k €	+32.7%	50,3 k €	+166%	18,9 k €	-64.6%	53,4 k €	-54.3%	116,9 k €	+593%	16,9 k €
Debts	13,4 M €	-14.3%	15,6 M €	+4.6%	14,9 M €	-19.5%	18,5 M €	+41.8%	13,1 M €	+30.5%	10 M €	-16.0%	11,9 M €	+40.3%	8,5 M €	+15.0%	7,4 M €	+15.2%	6,4 M €	-2.6%	6,6 M €	-8.8%	7,2 M €	+33.0%	5,4 M €	+16.4%	4,7 M €	-0.1%	4,7 M €	+46.5%	3,2 M €	-15.3%	3,8 M €
Other
Workforce	15,0 ETP	0.0%	15,0 ETP	-17.6%	18,2 ETP	+31.9%	13,8 ETP	+36.6%	10,1 ETP	+16.1%	8,7 ETP	+20.8%	7,2 ETP	+56.5%	4,6 ETP	-4.2%	4,8 ETP	-4.0%	5,0 ETP	+16.3%	4,3 ETP	+7.5%	4,0 ETP	+37.9%	2,9 ETP	+81.2%	1,6 ETP	+23.1%	1,3 ETP	+30.0%	1,0 ETP	+233%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Delta 11

Director · since 23 juin 2023 · 0842.014.042

Represented by Jan Labeeuw

Active

Gerard Labeeuw

Director · since 23 juin 2023

Active

Ended mandates

Delta 11

Manager · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

Delta 11

Director · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

Delta 11

Director · since 21 décembre 2011 · 0842.014.042

Represented by Jan LABEEUW

Ended

Delta 11

Manager · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

At this address

Other companies at this address

Company	CBE no.
RIGID FLOORS● Active	0717.940.154
TOCCA LEGNO● Active	0677.568.655

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	27/07/2026	14/07/2025	29/08/2024	08/11/2023	22/09/2022	08/09/2021
General meeting	14/07/2026	07/07/2025	28/08/2024	09/10/2023	19/09/2022	30/06/2021
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	14/07/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	07/07/2025	14/07/2025	Dutch	PDF
Full model	31/12/2023	28/08/2024	29/08/2024	Dutch	PDF
Full model	31/12/2022	09/10/2023	08/11/2023	Dutch	PDF
Full model	31/12/2021	19/09/2022	22/09/2022	Dutch	PDF
Full modelCorrection	31/12/2020	30/06/2021	08/09/2021	Dutch	PDF
Full model	31/12/2020	30/06/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	20/10/2020	16/11/2020	Dutch	PDF
Full model	31/12/2018	16/07/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	09/07/2018	19/07/2018	Dutch	PDF
Full model	31/12/2016	31/03/2017	20/04/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	17/03/2015	26/03/2015	Dutch	PDF
Full model	31/12/2013	11/03/2014	20/03/2014	Dutch	PDF
Full modelCorrection	31/12/2012	15/03/2013	16/07/2013	Dutch	PDF
Full model	31/12/2012	15/03/2013	10/04/2013	Dutch	PDF
Full model	31/12/2011	20/04/2012	24/05/2012	Dutch	PDF
Full model	31/12/2010	28/02/2011	28/03/2011	Dutch	PDF
Abridged model	31/12/2009	27/02/2010	12/03/2010	Dutch	PDF
Abridged model	31/12/2008	27/02/2009	02/03/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 2 active · 8 ended

Active mandates

Delta 11

Director · since 23 juin 2023 · 0842.014.042

Represented by Jan Labeeuw

Active

Gerard Labeeuw

Director · since 23 juin 2023

Active

Ended mandates

Delta 11

Manager · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

Delta 11

Director · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

Delta 11

Director · since 21 décembre 2011 · 0842.014.042

Represented by Jan LABEEUW

Ended

Delta 11

Manager · since 21 décembre 2011 · 0842.014.042

Represented by Jan Labeeuw

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other14/08/2023
DIVERSEN
PDF
Mandates13/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office11/08/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/09/2012
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 2025121,7 k €↑
2024
Annual accounts 202455,5 k €↑
2023
Annual accounts 202313 k €↓
2022
Annual accounts 2022372,6 k €↑
2021
Annual accounts 2021264 k €↑
2019
Annual accounts 2019-57,1 k €↓
2018
Annual accounts 201848,8 k €↓
2017
Annual accounts 2017172,3 k €↓
2016
Annual accounts 2016223,8 k €↑
2015
Annual accounts 2015212,5 k €↑
2014
Annual accounts 2014164,5 k €↓
2013
Annual accounts 2013215,2 k €↓
2012
Annual accounts 2012283,4 k €↓
2011
Annual accounts 2011590 k €↓
2010
Annual accounts 2010604,3 k €↑
2009
Annual accounts 2009340,5 k €↑
2008
Annual accounts 2008330,8 k €
31/08/2007
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

LABECO

Overview

What does LABECO 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