Financials
Financial year 2025
LABEL PRODUCTS from Waregem, company number BE0441192622, closed financial year 2025 with a result of € 860,773 after tax. For that financial year LABEL PRODUCTS recorded revenue of € 16.5 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 1.2 million to € 860,773. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 4.4 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 860,773
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 68,545
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
43.9
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 19% vs 2024
€ 60,400 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.
€ 2.8 million
▼ 11% vs 2024
Of which on lease € 2.6 million.
Debts at end 2025
€ 4 million
▲ 2% vs 2024
€ 729,970 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 835,111
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 479,667
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 15,087,012 | € 14,902,924 | € 16,520,239 | ▲ 11% |
| Gross margin | € 4,117,192 | - | - | - | |
| Profit after taxes | € 1,209,482 | € 1,295,302 | € 1,240,534 | € 860,773 | ▼ 31% |
| Equity | € 3,366,578 | € 3,461,880 | € 4,702,415 | € 4,363,188 | ▼ 7% |
| Total debts | € 3,138,370 | € 3,802,157 | € 5,440,104 | € 6,069,139 | ▲ 12% |
| Cash | € 36,925 | € 38,135 | € 241,720 | € 68,545 | ▼ 72% |
| Land & buildings | € 45,602 | € 61,834 | € 116,926 | € 262,801 | ▲ 125% |
| Retained profit | € 3,232,578 | € 3,327,880 | € 4,568,415 | € 4,229,188 | ▼ 7% |
| Dividend | € 0 | € 1,200,000 | € 0 | € 1,200,000 | |
| Bank debt | € 1,945,599 | € 2,100,331 | € 3,894,597 | € 3,975,514 | ▲ 2% |
| Balance sheet total | € 6,504,948 | € 7,264,038 | € 10,142,519 | € 10,432,327 | ▲ 3% |
| Employees (FTE) | 31.6 | 33.3 | 39.5 | 43.9 | ▲ 4.4 |
By revenue, LABEL PRODUCTS ranks 4th of 10 companies with main activity “Vervaardiging van andere artikelen van papier of karton” in West Flanders that publish figures (fiscal year 2025).
Key figures of LABEL PRODUCTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about LABEL PRODUCTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LABEL PRODUCTS?
What happened at LABEL PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BART GOOSSENS stepped down as director. NBB
- SD INVEST BV stepped down as director. NBB
- DIRK VANHOVE stepped down as director. NBB
- MADHO INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 860,773 (▼ 31% vs 2024). Source: NBB ↗
- BART GOOSSENS became a director. NBB
- SD INVEST BV became a director. NBB
- DIRK VANHOVE became a director. NBB
In short
From € 1.2 million profit in 2022 to € 860,773 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.3 million profit.
On average € 130,300 of value added per employee in 2022.
Management
The stake of MADHO INVEST, SD INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LABEL PRODUCTSThe shares are held by MADHO INVEST (50%) and SD INVEST (50%).
Directors
According to the 2025 annual accounts
BART GOOSSENS
Director
since 2021 · until 2026
Managing director · represented by STEPHAN DHONDT
since 2020 · until 2026
DIRK VANHOVE
Director
since 2020 · until 2026
Managing director · represented by MATTHIAS DHONDT
since 2020 · until 2026
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vichtseweg 176 A
8790 Waregem
Vichtseweg 176
8790 Waregem
Active since 23 August 1990
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.
Similar companies in West Flanders
Same main activity (Vervaardiging van andere artikelen van papier of karton), 47 active companies in West Flanders, largest first.
€ 52 million revenue · 2025 · Tielt
€ 35.3 million revenue · 2025 · Wevelgem
€ 17.6 million revenue · 2025 · Deerlijk
€ 14.3 million revenue · 2025 · Ieper
€ 13.8 million revenue · 2025 · Deerlijk
€ 13.7 million revenue · 2025 · Waregem
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Domain
Domain
label-products.com
Registered
1998-02-03
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-02-02
Website info
Features
Security
Details
- Company number
- 0441.192.622
- VAT number
- BE 0441.192.622
- Registered office
- Vichtseweg 176 A, 8790 Waregem
- Names & denominations
- LABEL PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1990
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- label-products.com
- Activities · NACE
Vervaardiging van andere artikelen van papier of karton
Vervaardiging van overige artikelen van papier en karton
Prepress-activiteiten
Prepress- en premediadiensten
Overige uitgeverijen
Groothandel in papierwaren, kantoor- en schoolbehoeften
Overige activiteiten van uitgeverijen, met uitzondering van het uitgeven van software
Groothandel in kantoor- en schoolbenodigdheden
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