Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 13.6 to 1.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Lab Box from Elsene, company number BE0680845473, closed financial year 2025 with a result of € -5.3 million after tax. For that financial year Lab Box recorded revenue of € 422,921 and equity of € 10.9 million. Compared with financial year 2024, the result moved from € -4.7 million to € -5.3 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 10.9 million
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.3 million
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,772
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32.3 million.
People and assets in 2025
1
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 168,586
▼ 35% vs 2024
€ 168,600 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.
€ 26,234
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73.5 million
▲ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 402,281
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 39,755
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,917,532 | € 7,434,014 | € 2,091,886 | € 422,921 | ▼ 80% |
| Profit after taxes | € 1,892,625 | € -4,024,496 | € -4,651,791 | € -5,255,184 | ▼ € 603,393 |
| Equity | € 24,820,963 | € 20,796,467 | € 16,144,676 | € 10,889,492 | ▼ 33% |
| Total debts | € 30,680,237 | € 40,801,838 | € 65,222,681 | € 75,451,607 | ▲ 16% |
| Cash | € 0 | - | - | € 4,772 | |
| Retained profit | € -18,386,332 | € -22,410,827 | € -27,062,618 | € -32,317,803 | ▼ € 5.3 million |
| Bank debt | € 29,388,559 | € 38,499,280 | € 64,302,974 | € 73,492,045 | ▲ 14% |
| Balance sheet total | € 56,383,911 | € 64,246,773 | € 84,709,256 | € 89,872,173 | ▲ 6% |
| Employees (FTE) | 9.1 | 13.6 | 2.1 | 1 | ▼ 1.1 |
Key figures of Lab Box, 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 Lab Box?
What happened at Lab Box in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre Doumit stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.3 million. Source: NBB ↗
- Réginald Gillet stepped down as director. NBB
- Denis Gorteman stepped down as director. NBB
- Pierre Doumit became a director. NBB
- Réginald Gillet became a director. NBB
- Denis Gorteman became a director. NBB
- New establishment in Elsene. KBO
In short
From € 1.9 million profit in 2022 to € 5.3 million loss in 2025.
Paid € 944 in corporate taxes since 2022.
Best year ever: 2022, with € 1.9 million profit.
Pays suppliers within 67 days on average.
Management
The stake of D'Ieteren Automotive SA/NV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lab BoxThe shares are held by D'Ieteren Automotive SA/NV (100%). It owns 100% of MBRELLA, 100% of Go-Solar, 100% of POPPY MOBILITY, 100% of EDI Network, 92.4% of LB Riha and 57.9% of Joule itself.
Directors
According to the 2025 annual accounts
Réginald Gillet
Director
Also active at: D'Ieteren Micromobility, PLUM - GENT, Taxi Radio Bruxellois, KING+, CarASAP SA, De Fietsgarage, LUCIEN BIKE, ALPHA BIKES +6 more
since 2020 · until 2026
Pierre Doumit
Director
Also active at: D'Ieteren Micromobility, PLUM - GENT, Taxi Radio Bruxellois, KING+, CarASAP SA, De Fietsgarage, LUCIEN BIKE, ALPHA BIKES +7 more
since 2024 · until 2029
Denis Gorteman
Director
Also active at: D'Ieteren Micromobility, D'Ieteren Automotive SA/NV, CarASAP SA, WONDERGROUP, Go-Solar
since 2020 · until 2026
Shareholders
Participations
100%
100%
100%
100%
92.4%
57.9%
56%
41.4%
Establishments
Establishment units
Physical locations of this company
Maliestraat 50
1050 Elsene
Belvédèrestraat 29
1050 Elsene
Active since 8 September 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →D'Ieteren Group
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€ 3.8 million revenue · 2024
D'IETEREN IMMO
€ 28.6 million revenue · 2025
Building Design
IMSONIC
€ -13,168 gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.845.473
- VAT number
- BE 0680.845.473
- Registered office
- Maliestraat 50, 1050 Elsene
- Names & denominations
- Lab Box
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2017
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
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