BURO-LINQ
ActiveBURO-LINQ has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €-2k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-35
Solvency82▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.51 against 3.57 in 2024; short-term debt: 31.6% and cash: 4.8% of total assets), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.2%
Return on assets
-2.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-01-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
97 d early
2023
96 d early
2022
83 d early
2021
88 d early
2020
93 d early
2019
92 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€36k▼ 4.6%
2024 · €37k
2018: €25k
2019: €20k
2020: €13k
2021: €10k
2022: €8k
2023: €9k
2024: €37k
2018 → 2025
Total assets
€62k▲ 28.1%
2024 · €49k
2018: €40k
2019: €28k
2020: €19k
2021: €15k
2022: €9k
2023: €9k
2024: €49k
2018 → 2025
Net result
€-2k
2024 · €28k
2018: €2k
2019: €-5k
2020: €-7k
2021: €-3k
2022: €-2k
2023: €875
2024: €28k
2018 → 2025
Working capital
€-10k
2024 · €29k
2018: €15k
2019: €15k
2020: €15k
2021: €12k
2022: €8k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€8k▼ 19.6%€9k▲ 10.9%€37k▲ 319%€36k▼ 4.6%
Operating result€-3k-€-2k▲ 27.0%€924€35k▲ 3,653%€5k▼ 86.5%
Net result€-3k-€-2k▲ 27.2%€875€28k▲ 3,152%€-2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€52k▲ 532%
Current assets
€10k▼ 75.0%
Equity and liabilities €62k
Equity
€36k▼ 4.6%
Debt
€27k▲ 136%
The debt ratio rises from 23.3% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15k▼
2024 · €35k
Cash flow
€8k▼
2024 · €29k
Solvency
57.2%▼
2024 · 76.7%
Current ratio
0.51▼
2024 · 3.57
Quick ratio
0.51▼
2024 · 3.57
Debt / equity
0.75▲
2024 · 0.30
ROE
-4.8%▼
2024 · 76.1%
ROA
-2.7%▼
2024 · 58.4%
Interest coverage
119.43▲
2024 · 58.85
Debt
€27k▲
2024 · €11k
Debt ≤ 1 year
€20k▲
2024 · €11k
Income taxes
€6k▲
2024 · €6k
Staff costs
€17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€49k€62k▲
Fixed assets21/28€8k€52k▲
Tangible fixed assets22/27€8k€42k▲
Plant, machinery and equipment23€1k€800▼
Furniture and vehicles24€7k€41k▲
Financial fixed assets28-€10k
Current assets29/58€40k€10k▼
Amounts receivable within one year40/41€31k€484▼
Trade receivables40€30k€484▼
Other amounts receivable41€493-
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€49k€62k▲
Equity10/15€37k€36k▼
Reserves13€25k€25k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€13k€11k▼
Amounts payable17/49€11k€27k▲
Amounts payable within one year42/48€11k€20k▲
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€5k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3-€7k
Income statement
Code20242025
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€579€10k▲
Other operating charges640/8€458€5k▲
Gross operating margin9900€36k€37k▲
Operating profit (loss)9901€35k€5k▼
Financial charges65/66B€599€122▼
Recurring financial charges65€599€122▼
Profit (loss) for the period before taxes9903€34k€5k▼
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€28k€-2k▼
Profit (loss) for the period to be appropriated9905€28k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€11k▼
Profit (loss) brought forward from the previous period14P€-16k€13k▲
Transfer to equity691/2€0-
To contributions691€0-
Social balance
Average headcount (FTE)9087-0.4
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €28k ▲3152%
Operating result €35k, net result €28k, both a record.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €875
Net result €875 after 4 loss-making years.
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lummense Kiezel 513510 HasseltGround area
2.5 ha
Building footprint
568 m²
Volume, LiDAR
3,013 m³
2 parcels, Flanders · tallest building 16.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ILUMO
since 20102.192.743.792
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028A0171/00F002 | Flanders | 2.4 ha | 1 · 454 m² | 16.2 m · 1 fl. |
| 71323C0398/00E002 | Flanders | 346 m² | 1 · 114 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EcoNation
BE 0836.005.980
Oostkamp · Eq €35k
AMIBOW
BE 0864.500.919
Schilde · Eq €37k
G-LIGHT
BE 0849.189.765
Malle · Eq €37k
FENOS
BE 0671.501.997
Evergem · Eq €34k
Noah2024
BE 1012.035.840
Elsene · Eq €38k
Of 268 companies in sector 46474 we hold annual accounts for 181. 100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2010
Fiscal year end30-09
Activities, NACEBEL
46474Wholesale trade
96040Personal service activities
96230Day spas, saunas and steam baths
46431Wholesale of electrical household appliances and audio-video equipment
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.