EU energy labels are a complete joke, anyway. Just categorically ignore them, and for each type of gadget, learn enough to understand how actual energy efficiency needs to be calculated. There is no shortcut.
Like wraper said, for illumination, the relevant figure is simply lm/W. Since both lm and W are reported for most types of lighting, it's easy to calculate.
LED itself does not guarantee anything. Many many LED bulbs and fixtures on the market are around 90lm/W. While somewhat better than fluorescent, it's very crappy for LEDs by modern standards, this was maybe state-of-the-art in 2005. But this is what the cheapest stuff is - and sometimes, even expensive stuff is actually the cheapest crap in disguise!
If efficiency matters to you, try to find at least 110-120lm/W LED bulbs, IMHO. This should not break your bank, unlike true state-of-the-art (>150lm/W).