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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.7 to 3.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ACADEMICLABS from Gent, company number BE0643547983, closed financial year 2025 with a result of € -234,704 after tax. For that financial year ACADEMICLABS recorded a gross margin of € 646,390 and equity of € -92,242. Compared with financial year 2024, the result moved from € -343,325 to € -234,704. 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 2, 2026.
€ -92,242
▼ € 234,704 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -234,704
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,215
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -780,545.
People and assets in 2025
3
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 228,499
▼ 32% vs 2024
€ 76,200 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.
Debts at end 2025
€ 717,219
▼ 2% vs 2024
€ 156,460 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 310,777
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,325
▲ 2% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 482,605 | € 806,421 | € 645,745 | € 646,390 | |
| Profit after taxes | € -513,826 | € -421,865 | € -343,325 | € -234,704 | ▲ € 108,621 |
| Equity | € -509,524 | € 485,787 | € 142,462 | € -92,242 | ▼ € 234,704 |
| Total debts | € 2,273,684 | € 1,272,402 | € 1,630,155 | € 1,505,211 | ▼ 8% |
| Cash | € 239,002 | € 667 | € 7,033 | € 3,215 | ▼ 54% |
| Retained profit | € -1,967,018 | € -202,516 | € -545,841 | € -780,545 | ▼ € 234,704 |
| Bank debt | € 1,711,511 | € 632,462 | € 729,765 | € 717,219 | ▼ 2% |
| Balance sheet total | € 1,764,160 | € 1,758,189 | € 1,772,617 | € 1,412,969 | ▼ 20% |
| Employees (FTE) | 7.9 | 7.7 | 4.8 | 3 | ▼ 1.8 |
Key figures of ACADEMICLABS, 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 ACADEMICLABS?
What happened at ACADEMICLABS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David Vlerick stepped down as director. NBB
- Paul Smolders stepped down as director. NBB
- CoQuens COMMV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 234,704. Source: NBB ↗
- Sh0Shin bv became a director. NBB
- David Vlerick became a director. NBB
- Paul Smolders became a director. NBB
- CoQuens COMMV became a director. NBB
In short
From € 513,826 loss in 2022 to € 234,704 loss in 2025.
On average € 215,500 of value added per employee in 2025.
Management
The stake of VOBIS FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ACADEMICLABSBehind ACADEMICLABS is Sh0Shin bv. The shares are held by VOBIS FINANCE (32.1%).
Directors
According to the 2025 annual accounts
Director · represented by Jelle Vlassenbroeck
since 2025
David Vlerick
Director
since 2025 · until 2031
Paul Smolders
Director
since 2023 · until 2029
Director · represented by Arne Smolders
since 2023 · until 2029
Shareholders
32.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Korenmarkt 14 box b
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
Namecheap DNS
Domain
Domain
academiclabs.com
Registered
2016-09-11
Registrar
NAMECHEAP INC
Expires
2026-09-11
Website info
Features
Security
Details
- Company number
- 0643.547.983
- VAT number
- BE 0643.547.983
- Registered office
- Korenmarkt 14 bus b, 9000 Gent
- Names & denominations
- ACADEMICLABS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 2015
- Peppol
- Active · Active since 30 Jul 2025
- Contact
- academiclabs.com [email protected]
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