diff --git a/lemarche/labels/admin.py b/lemarche/labels/admin.py
index b65316d4d..ee5293996 100644
--- a/lemarche/labels/admin.py
+++ b/lemarche/labels/admin.py
@@ -1,5 +1,4 @@
 from django.contrib import admin
-from django.db.models import Count
 from django.urls import reverse
 from django.utils.html import format_html, mark_safe
 
@@ -10,12 +9,12 @@
 
 @admin.register(Label, site=admin_site)
 class LabelAdmin(admin.ModelAdmin):
-    list_display = ["id", "name", "nb_siaes", "created_at"]
+    list_display = ["id", "name", "siae_count_annotated_with_link", "created_at"]
     search_fields = ["id", "name", "description"]
     search_help_text = "Cherche sur les champs : ID, Nom, Description"
 
     readonly_fields = [
-        "nb_siaes",
+        "siae_count_annotated_with_link",
         "logo_url_display",
         "data_last_sync_date",
         "logs_display",
@@ -31,7 +30,7 @@ class LabelAdmin(admin.ModelAdmin):
             },
         ),
         ("Logo", {"fields": ("logo_url", "logo_url_display")}),
-        ("Structures", {"fields": ("nb_siaes",)}),
+        ("Structures", {"fields": ("siae_count_annotated_with_link",)}),
         (
             "Source de données",
             {
@@ -47,7 +46,7 @@ class LabelAdmin(admin.ModelAdmin):
 
     def get_queryset(self, request):
         qs = super().get_queryset(request)
-        qs = qs.annotate(siae_count=Count("siaes", distinct=True))
+        qs = qs.with_siae_stats()
         return qs
 
     def get_readonly_fields(self, request, obj=None):
@@ -73,16 +72,16 @@ def logo_url_display(self, instance):
 
     logo_url_display.short_description = "Logo"
 
-    def nb_siaes(self, label):
-        url = reverse("admin:siaes_siae_changelist") + f"?labels__id__exact={label.id}"
-        return format_html(f'<a href="{url}">{label.siae_count}</a>')
-
-    nb_siaes.short_description = "Nombre de structures"
-    nb_siaes.admin_order_field = "siae_count"
-
     def logs_display(self, label=None):
         if label:
             return pretty_print_readonly_jsonfield(label.logs)
         return "-"
 
     logs_display.short_description = Label._meta.get_field("logs").verbose_name
+
+    def siae_count_annotated_with_link(self, label):
+        url = reverse("admin:siaes_siae_changelist") + f"?labels__id__exact={label.id}"
+        return format_html(f'<a href="{url}">{label.siae_count_annotated}</a>')
+
+    siae_count_annotated_with_link.short_description = "Nombre de structures"
+    siae_count_annotated_with_link.admin_order_field = "siae_count_annotated"
diff --git a/lemarche/labels/factories.py b/lemarche/labels/factories.py
index ed026c652..5ed3edb13 100644
--- a/lemarche/labels/factories.py
+++ b/lemarche/labels/factories.py
@@ -11,3 +11,9 @@ class Meta:
     name = factory.Faker("company", locale="fr_FR")
     # slug: auto-generated
     website = "https://example.com"
+
+    @factory.post_generation
+    def siaes(self, create, extracted, **kwargs):
+        if extracted:
+            # Add the iterable of groups using bulk addition
+            self.siaes.add(*extracted)
diff --git a/lemarche/labels/models.py b/lemarche/labels/models.py
index cd28e2a0f..65ea850fe 100644
--- a/lemarche/labels/models.py
+++ b/lemarche/labels/models.py
@@ -1,8 +1,14 @@
 from django.db import models
+from django.db.models import Count
 from django.template.defaultfilters import slugify
 from django.utils import timezone
 
 
+class LabelQuerySet(models.QuerySet):
+    def with_siae_stats(self):
+        return self.annotate(siae_count_annotated=Count("siaes", distinct=True))
+
+
 class Label(models.Model):
     name = models.CharField(verbose_name="Nom", max_length=255)
     slug = models.SlugField(verbose_name="Slug", max_length=255, unique=True)
@@ -18,6 +24,8 @@ class Label(models.Model):
     created_at = models.DateTimeField(verbose_name="Date de création", default=timezone.now)
     updated_at = models.DateTimeField(verbose_name="Date de modification", auto_now=True)
 
+    objects = models.Manager.from_queryset(LabelQuerySet)()
+
     class Meta:
         verbose_name = "Label & certification"
         verbose_name_plural = "Labels & certifications"
diff --git a/lemarche/labels/tests.py b/lemarche/labels/tests.py
index 1badd0595..08f776956 100644
--- a/lemarche/labels/tests.py
+++ b/lemarche/labels/tests.py
@@ -1,6 +1,8 @@
 from django.test import TestCase
 
 from lemarche.labels.factories import LabelFactory
+from lemarche.labels.models import Label
+from lemarche.siaes.factories import SiaeFactory
 
 
 class LabelModelTest(TestCase):
@@ -13,3 +15,17 @@ def test_slug_field(self):
 
     def test_str(self):
         self.assertEqual(str(self.label), "Un label")
+
+
+class LabelQuerySetTest(TestCase):
+    @classmethod
+    def setUpTestData(cls):
+        cls.siae_1 = SiaeFactory()
+        cls.siae_2 = SiaeFactory()
+        cls.label = LabelFactory()
+        cls.label_with_siaes = LabelFactory(siaes=[cls.siae_1, cls.siae_2])
+
+    def test_with_siae_stats(self):
+        label_queryset = Label.objects.with_siae_stats()
+        self.assertEqual(label_queryset.get(id=self.label.id).siae_count_annotated, 0)
+        self.assertEqual(label_queryset.get(id=self.label_with_siaes.id).siae_count_annotated, 2)