Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 30.9 to 23.9.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Label-Pak-Int'l Co from Wavre, company number BE0402690550, closed financial year 2023 with a result of € -698,338 after tax. For that financial year Label-Pak-Int'l Co recorded a gross margin of € 1.4 million and equity of € -304,992. Compared with financial year 2022, the result moved from € -157,591 to € -698,338. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2024.
€ -304,992
▼ € 698,338 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -698,338
▼ 343 % more loss than in 2022
Profit after tax over the fiscal year.
€ 49,430
▼ 43% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -893,386.
People and assets in 2023
23.9
▼ 3.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
€ 58,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 791,598
▼ 14% vs 2022
Of which on lease € 784,496.
Debts at end 2023
€ 1.7 million
▼ 32% vs 2022
€ 327,051 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 607,444
▲ 11% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▲ 287% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 2,418,714 | € 1,920,400 | € 1,374,660 | ▼ 28% |
| Profit after taxes | € -33,226 | € -157,591 | € -698,338 | ▼ € 540,747 |
| Equity | € 550,937 | € 393,346 | € -304,992 | ▼ € 698,338 |
| Total debts | € 3,608,428 | € 3,380,817 | € 3,435,595 | ▲ 2% |
| Cash | € 99,508 | € 86,478 | € 49,430 | ▼ 43% |
| Land & buildings | € 102,988 | € 102,988 | € 102,988 | |
| Retained profit | € -37,457 | € -195,048 | € -893,386 | ▼ € 698,338 |
| Bank debt | € 2,789,147 | € 2,546,275 | € 1,741,262 | ▼ 32% |
| Balance sheet total | € 4,166,731 | € 3,775,155 | € 3,131,594 | ▼ 17% |
| Employees (FTE) | 30.9 | 27.2 | 23.9 | ▼ 3.3 |
Key figures of Label-Pak-Int'l Co, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Label-Pak-Int'l Co?
What happened at Label-Pak-Int'l Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Label-Pak-Int'l Co is active according to the CBE. Legal situation: Opening faillissement.
- Xavier de Vos stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 698,338. Source: NBB ↗
- Antoine de Vos stepped down as director. NBB
- Xavier de Vos became a director. NBB
- Antoine de Vos became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,227 loss in 2021 to € 698,338 loss in 2023.
Paid € 27,354 in corporate taxes since 2021.
On average € 57,500 of value added per employee in 2023.
Management
Directors
According to the 2023 annual accounts
Antoine de Vos
Managing director
since 2017 · until 2023
Xavier de Vos
Managing director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Avenue Galilée 8
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.690.550
- VAT number
- BE 0402.690.550
- Registered office
- Avenue Galilée 8, 1300 Wavre
- Names & denominations
- Label-Pak-Int'l Co
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 4 September 1963
- Peppol
- Not registered
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