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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LAB9 STORES from Kortrijk, company number BE0434088955, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year LAB9 STORES recorded revenue of € 115.9 million and equity of € 9 million. Compared with financial year 2024, the result moved from € 2.2 million to € 2.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 9 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
44 % of the profit went to the shareholders, mostly to Lab9 Pro (100 % of the shares). That is where the money ends up.
People and assets in 2025
201.5
▲ 16.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.6 million
▲ 12% vs 2024
€ 52,700 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.
€ 258,144
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.3 million
▼ 27% vs 2024
€ 811,997 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3.4 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12 days on average.
€ 2.6 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 69,648,832 | € 97,805,868 | € 108,447,700 | € 115,875,656 | ▲ 7% |
| Profit after taxes | € 1,201,510 | € 1,951,785 | € 2,211,552 | € 2,294,494 | ▲ 4% |
| Equity | € 4,377,713 | € 5,899,498 | € 7,681,050 | € 8,975,543 | ▲ 17% |
| Total debts | € 12,647,923 | € 14,331,876 | € 14,249,137 | € 12,386,035 | ▼ 13% |
| Cash | € 2,143,016 | € 2,398,673 | € 1,472,614 | € 2,074,961 | ▲ 41% |
| Retained profit | € 4,316,213 | € 5,837,998 | € 7,619,550 | € 8,914,043 | ▲ 17% |
| Dividend | € 550,000 | € 430,000 | € 430,000 | € 1,000,000 | ▲ 133% |
| Bank debt | € 7,343,889 | € 6,785,377 | € 7,285,670 | € 5,327,753 | ▼ 27% |
| Balance sheet total | € 17,025,636 | € 20,231,374 | € 21,930,187 | € 21,361,579 | ▼ 3% |
| Employees (FTE) | 108.8 | 169.4 | 184.7 | 201.5 | ▲ 16.8 |
Key figures of LAB9 STORES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LAB9 STORES?
What happened at LAB9 STORES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lab9 Group NV stepped down as director. NBB
- Petit Lardier BV stepped down as director. NBB
- Geert Coolman stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▲ 4% vs 2024). Source: NBB ↗
- Lab9 Group NV became a director. NBB
- Stefaan Seye stepped down as director. NBB
- Petit Lardier BV became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 1.2 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 3 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.3 million profit.
Paid out € 2.4 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Lab9 Pro comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LAB9 STORESThe shares are held by Lab9 Pro (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2001 · until 2025
since 2025 · until 2031
since 2001 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dumolinlaan(Kor) 5
8500 Kortrijk
Lange Steenstraat(Kor) 6
8500 Kortrijk
Active since 15 February 2007
Kattestraat 23 box 1
9300 Aalst
Active since 6 June 2008
Boterstraat 27
8900 Ieper
Active since 18 November 2011
Ooststraat 7
8800 Roeselare
Active since 1 August 2012
Geldmuntstraat 18
8000 Brugge
Active since 1 August 2012
Kapellestraat 54
8400 Oostende
Active since 9 April 2021
Rue de l'Ange 38
5000 Namur
Active since 9 April 2021
Grote Baan 19
3511 Hasselt
Active since 14 September 2021
Kortrijksesteenweg 255a
9830 Sint-Martens-Latem
Active since 3 June 2022
Lammerdries-Winkelstraat 4
2250 Olen
Active since 3 June 2022
Diesterstraat 21
3500 Hasselt
Active since 3 June 2022
IJzerenleen 44
2800 Mechelen
Active since 3 June 2022
Boulevard Walter de Marvis(TOU) 22/144
7500 Tournai
Active since 3 June 2022
Rue Charlemagne 33
1348 Ottignies-Louvain-la-Neuve
Active since 3 June 2022
Oudevaartplaats 62
2000 Antwerpen
Active since 3 June 2022
Engels Plein 26
3000 Leuven
Active since 3 June 2022
Chaussée de Marche(EP) 571
5101 Namur
Active since 3 June 2022
Sint-Lambertusstraat 200
1200 Sint-Lambrechts-Woluwe
Active since 3 June 2022
Place des Grands Prés 1/65
7000 Mons
Active since 3 June 2022
Antwerpsesteenweg 70
2630 Aartselaar
Active since 3 June 2022
Noorderlaan 79
2030 Antwerpen
Active since 3 June 2022
Rootenstraat 8 box 59
3600 Genk
Active since 3 June 2022
Gasthuisstraat 57
2300 Turnhout
Active since 3 June 2022
Charleroise Steenweg 215
1060 Sint-Gillis (bij-Brussel)
Active since 1 January 2023
Place Saint-Lambert 84
4000 Liège
Active since 1 January 2023
Picardstraat 11
1000 Brussel
Active since 10 May 2023
Kapelstraat 100
9100 Sint-Niklaas
Active since 3 November 2023
Place Verte 20 box 2
6000 Charleroi
Active since 15 October 2023
Rue du Brou 83
4800 Verviers
Active since 1 December 2023
Turnhoutsebaan 5
2110 Wijnegem
Active since 7 June 2024
Chaussée de Bruxelles 245
1410 Waterloo
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0434.088.955
- VAT number
- BE 0434.088.955
- Registered office
- Dumolinlaan(Kor) 5, 8500 Kortrijk
- Names & denominations
- LAB9 STORES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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