Financials
Financial year 2025
LAB ON BOARD from Assenede, company number BE0837095845, closed financial year 2025 with a result of € 69,622 after tax. For that financial year LAB ON BOARD recorded a gross margin of € 241,932 and equity of € 302,169. Compared with financial year 2024, the result moved from € 32,345 to € 69,622. 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 August 31, 2026.
€ 302,169
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,622
▲ 115% vs 2024
Profit after tax over the fiscal year.
€ 78,895
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 49,600 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 99,673
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 61,643
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,678
▼ 33% vs 2024
€ 12,296 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 13,806
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,604
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 235,723 | € 228,014 | € 186,108 | € 241,932 | ▲ 30% |
| Profit after taxes | € 90,067 | € 67,803 | € 32,345 | € 69,622 | ▲ 115% |
| Equity | € 224,049 | € 268,852 | € 282,147 | € 302,169 | ▲ 7% |
| Total debts | € 159,293 | € 148,192 | € 83,284 | € 66,515 | ▼ 20% |
| Cash | € 129,861 | € 139,264 | € 90,180 | € 78,895 | ▼ 13% |
| Land & buildings | € 92,926 | € 88,823 | € 79,949 | € 71,075 | ▼ 11% |
| Retained profit | € 217,849 | € 262,652 | € 275,947 | € 295,969 | ▲ 7% |
| Dividend | € 27,000 | € 23,000 | € 19,050 | € 49,600 | ▲ 160% |
| Bank debt | € 79,753 | € 53,557 | € 36,733 | € 24,678 | ▼ 33% |
| Balance sheet total | € 383,342 | € 417,044 | € 365,431 | € 368,684 | ▲ 1% |
Key figures of LAB ON BOARD, 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 ON BOARD?
What happened at LAB ON BOARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,622 (▲ 115% vs 2024). filed late Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,067 profit in 2022 to € 69,622 profit in 2025.
Paid € 102,092 in corporate taxes since 2022.
Best year ever: 2022, with € 90,067 profit.
Paid out € 118,650 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
Directors
According to the 2025 annual accounts
Kurt Switzynck
Director
Establishments
Establishment units
Physical locations of this company
Noordstraat 116
9961 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0837.095.845
- VAT number
- BE 0837.095.845
- Registered office
- Noordstraat 116, 9961 Assenede
- Names & denominations
- LAB ON BOARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2011
- Peppol
- Active · Active since 24 Oct 2025
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