ACTIVE

WHITELAB

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Financial year 2025 · closed on 31/12/2025

Net result

4,3 k €

+32.8% YoY

Gross margin

25,2 k €

+20.1% YoY

Equity

58,1 k €

+7.9% YoY

What does WHITELAB do?

WHITELAB is a Private limited company incorporated in 2008. Its main activity is: Photographic activities. Its registered office is in Namur.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.473.019

Incorporation

05/02/2008

Legal form

Private limited company

Registered office

Rue des Brasseurs 53
5000 Namur · WallonieSee on map

Contributed capital

9 300,00 €

Latest accounts

31/12/2025

Activities (NACE)

74201Photographic activities· main 74201Photographic activities 47120Retail sale in non-specialised stores 47191Other retail sale in non-specialised stores 47551Retail sale of other household equipment in specialised stores 47552Retail sale of other household equipment in specialised stores+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	25,2 k €	+20.1%	21 k €	+12.6%	18,6 k €	+230%	5,6 k €	-59.8%	14 k €	-23.7%	18,4 k €	+319%	-8,4 k €	-1532%	584,8 €	-95.3%	12,5 k €	+22.2%	10,3 k €	+1223%	776,3 €	-61.5%	2 k €	+80.4%	1,1 k €	+474%	194,6 €	+118%	-1,1 k €	-114%	7,7 k €	+875%	788,4 €	+110%	-8 k €
EBITDA	22,6 k €	+28.5%	17,6 k €	+1.2%	17,4 k €	+209%	5,6 k €	-59.5%	13,9 k €	-24.0%	18,3 k €	+303%	-9 k €	-2175%	434,8 €	-96.5%	12,3 k €	+21.7%	10,1 k €	+1394%	676,3 €	-66.4%	2 k €	+80.4%	1,1 k €	+474%	194,6 €	+118%	-1,1 k €	-115%	7,3 k €	+1961%	351,9 €	+104%	-8,3 k €
Operating result	19,6 k €	+33.1%	14,7 k €	-1.0%	14,9 k €	+260%	4,1 k €	-68.3%	13 k €	-28.5%	18,2 k €	+302%	-9 k €	-2175%	434,8 €	-65.8%	1,3 k €	+238%	-919,3 €	-236%	676,3 €	-66.4%	2 k €	+80.4%	1,1 k €	+474%	194,6 €	+118%	-1,1 k €	-116%	7,1 k €	+3726%	185,2 €	+102%	-8,5 k €
Net result	4,3 k €	+32.8%	3,2 k €	-67.6%	9,9 k €	+408%	2 k €	-90.1%	19,7 k €	+7.1%	18,4 k €	+297%	-9,3 k €	-9129%	103,5 €	-91.2%	1,2 k €	+224%	-952,4 €	-338%	400,3 €	-73.9%	1,5 k €	+58.9%	964,7 €	+935%	93,2 €	+108%	-1,1 k €	-116%	7 k €	+10350%	66,7 €	+101%	-8,5 k €
Balance sheet
Equity	58,1 k €	+7.9%	53,9 k €	+6.4%	50,7 k €	+24.4%	40,7 k €	+5.0%	38,8 k €	+103%	19,1 k €	+2683%	685,3 €	-93.2%	10 k €	+1.0%	9,9 k €	+13.5%	8,7 k €	-9.8%	9,7 k €	+4.3%	9,3 k €	+19.7%	7,8 k €	+14.2%	6,8 k €	+1.4%	6,7 k €	-14.1%	7,8 k €	+822%	847,2 €	+137%	-2,3 k €
Total assets	132,2 k €	+11.3%	118,8 k €	-18.8%	146,3 k €	+91.6%	76,4 k €	+10.7%	69 k €	+241%	20,3 k €	-46.5%	37,8 k €	-10.3%	42,2 k €	+16.6%	36,2 k €	+86.8%	19,4 k €	-46.6%	36,3 k €	+39.0%	26,1 k €	+6.7%	24,5 k €	+10.3%	22,2 k €	+224%	6,9 k €	-66.7%	20,6 k €	+34.7%	15,3 k €	+106%	7,4 k €
Cash	25,3 k €	+77.5%	14,3 k €	-32.7%	21,2 k €	+33.3%	15,9 k €	+16.4%	13,6 k €	+84.6%	7,4 k €	+1585%	438,8 €	+92.7%	227,7 €	-61.7%	594,8 €		–		–		370,2 €	-59.3%	909,3 €	-87.1%	7,1 k €	+26.6%	5,6 k €	+2378%	225,4 €	-72.7%	826,8 €	-78.6%	3,9 k €
Debts	72,6 k €	+12.2%	64,7 k €	-32.2%	95,4 k €	+168%	35,7 k €	+19.1%	29,9 k €	+2436%	1,2 k €	-96.8%	37,1 k €	+15.6%	32,1 k €	+22.5%	26,2 k €	+148%	10,6 k €	-59.9%	26,4 k €	+58.6%	16,6 k €	+0.6%	16,5 k €	+7.5%	15,4 k €	+10639%	143,3 €	-98.9%	12,7 k €	-11.6%	14,4 k €	+48.1%	9,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Pascal LAMBERT

Mandate

Active

Ended mandates

Geoffrey FERRONI

Manager

Ended

Pascal LAMBERT

Director

Ended

Pascal LAMBERT

Manager

Ended

Thierry GOOR

Associate

Ended

At this address

Other companies at this address

Company	CBE no.
PL and V CONSULTANTS● Active	0434.306.018
POLYGONE ANTWERP● Active	0441.393.352

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	17/08/2026	24/07/2025	27/06/2024	01/06/2023	30/06/2022	29/06/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	17/08/2026	French	PDF
Micro model	31/12/2024	16/05/2025	24/07/2025	French	PDF
Micro model	31/12/2023	17/05/2024	27/06/2024	French	PDF
Micro model	31/12/2022	19/05/2023	01/06/2023	French	PDF
Micro model	31/12/2021	20/05/2022	30/06/2022	French	PDF
Micro model	31/12/2020	21/05/2021	29/06/2021	French	PDF
Micro model	31/12/2019	15/05/2020	30/06/2020	French	PDF
Micro model	31/12/2018	17/05/2019	28/06/2019	French	PDF
Micro model	31/12/2017	18/05/2018	28/06/2018	French	PDF
Micro model	31/12/2016	19/05/2017	15/06/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	17/06/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	26/06/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	27/06/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	15/07/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	26/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	10/06/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	30/06/2010	French	PDF
Abridged model	31/12/2008	15/05/2009	08/06/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 4 ended

Active mandates

Pascal LAMBERT

Mandate

Active

Ended mandates

Geoffrey FERRONI

Manager

Ended

Pascal LAMBERT

Director

Ended

Pascal LAMBERT

Manager

Ended

Thierry GOOR

Associate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office05/07/2017
SIEGE SOCIAL
PDF
Registered office23/03/2012
SIEGE SOCIAL
PDF
Mandates25/08/2011
DEMISSIONS, NOMINATIONS
PDF
Other14/02/2008
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20254,3 k €↑
2024
Annual accounts 20243,2 k €↓
2023
Annual accounts 20239,9 k €↑
2022
Annual accounts 20222 k €↓
2021
Annual accounts 202119,7 k €↑
2020
Annual accounts 202018,4 k €↑
2019
Annual accounts 2019-9,3 k €↓
2018
Annual accounts 2018103,5 €↓
2017
Annual accounts 20171,2 k €↑
2016
Annual accounts 2016-952,4 €↓
2015
Annual accounts 2015400,3 €↓
2014
Annual accounts 20141,5 k €↑
2013
Annual accounts 2013964,7 €↑
2012
Annual accounts 201293,2 €↑
2011
Annual accounts 2011-1,1 k €↓
2010
Annual accounts 20107 k €↑
2009
Annual accounts 200966,7 €↑
2008
Annual accounts 2008-8,5 k €
05/02/2008
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

WHITELAB

Overview

What does WHITELAB do?

Trend over 18 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