CQ-LIN
ActiveSummary
CQ-LIN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €-15k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-43
Solvency100▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 10.19 against 3.18 in 2024; short-term debt: 8.1% and cash: 46.7% of total assets), and 9.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
9 d early
2023
30 d late
2022
31 d late
2021
31 d early
2020
32 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€134k▼ 10.0%
2024 · €149k
2018: €117k
2019: €128k
2020: €138k
2021: €155k
2022: €161k
2023: €154k
2024: €149k
2018 → 2025
Total assets
€148k▼ 30.4%
2024 · €213k
2018: €247k
2019: €219k
2020: €207k
2021: €218k
2022: €181k
2023: €228k
2024: €213k
2018 → 2025
Net result
€-15k▼ 198%
2024 · €-5k
2018: €5k
2019: €10k
2020: €11k
2021: €16k
2022: €7k
2023: €-7k
2024: €-5k
2018 → 2025
Working capital
€110k▼ 6.1%
2024 · €117k
2018: €96k
2019: €107k
2020: €129k
2021: €135k
2022: €151k
2023: €116k
2024: €117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€161k▲ 4.2%€154k▼ 4.4%€149k▼ 3.3%€134k▼ 10.0%
Operating result€23k-€13k▼ 43.4%€-3k€-4k▼ 22.8%€-14k▼ 273%
Net result€16k-€7k▼ 59.7%€-7k€-5k▲ 28.5%€-15k▼ 198%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€26k ▼ 37.5%
Current assets
€122k ▼ 28.6%
Equity and liabilities €148k
Equity
€134k ▼ 10.0%
Debt
€14k ▼ 78.0%
Debt's share of the balance-sheet total falls from 29.9% to 9.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €13k
Cash flow
€690▼
2024 · €12k
Current ratio
10.19▲
2024 · 3.18
Quick ratio
9.97▲
2024 · 3.11
Debt to equity
0.10▼
2024 · 0.43
ROE
-11.1%▼
2024 · -3.4%
ROA
-10.1%▼
2024 · -2.4%
Interest coverage
2.05▼
2024 · 12.10
Debt ≤ 1 year
€12k▼
2024 · €54k
Debt > 1 year
€2k▼
2024 · €10k
Income taxes
€349▲
2024 · €175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€213k€148k▼
Fixed assets21/28€42k€26k▼
Tangible fixed assets22/27€42k€26k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€42k€26k▼
Current assets29/58€171k€122k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€80k€50k▼
Trade receivables40€20k€4k▼
Other amounts receivable41€60k€46k▼
Cash at bank and in hand54/58€86k€69k▼
Deferred charges and accrued income490/1€2k€443▼
Equity and liabilities
Total equity and liabilities10/49€213k€148k▼
Equity10/15€149k€134k▼
Contributions10/11€25k€25k=
Reserves13€94k€94k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€30k€15k▼
Amounts payable17/49€64k€14k▼
Amounts payable after more than one year17€10k€2k▼
Financial debts170/4€10k€2k▼
Amounts payable within one year42/48€54k€12k▼
Current portion of amounts payable after more than one year42€9k€8k▼
Trade debts44€1k€127▼
Suppliers440/4€1k€127▼
Taxes, remuneration and social security45€13k€3k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€9k€0▼
Other amounts payable47/48€30k€616▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€509€2k▲
Gross operating margin9900€14k€4k▼
Operating profit (loss)9901€-4k€-14k▼
Financial income75/76B€1€222▲
Recurring financial income75€1€222▲
Financial charges65/66B€1k€779▼
Recurring financial charges65€1k€779▼
Profit (loss) for the period before taxes9903€-5k€-15k▼
Income taxes67/77€175€349▲
Profit (loss) for the period9904€-5k€-15k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-5k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€15k▼
Profit (loss) brought forward from the previous period14P€35k€30k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (7 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 10.19
Current ratio from 3.18 to 10.19; short-term debt falls from €54k to €12k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €16k ▲50.6%
Operating result €23k, net result €16k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲11.7%
4 profitable years in a row build equity to €155k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
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
5 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, Aalst · 1 establishment unit since 2002
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.
Korte Zoutstraat 289300 AalstGround area
222 m²
Building footprint
217 m²
Volume, LiDAR
1,878 m³
2 parcels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Korte Zoutstraat 27, 9300 Aalst
since 20022.100.537.968
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A1843/00_000 | Flanders | 159 m² | 1 · 159 m² | 12.1 m · 3 fl. |
| 41002A1124/00B000 | Flanders | 62 m² | 1 · 58 m² | 13.8 m · 4 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
Design.IT
BE 0804.716.453
Oostende · Eq €134,244
DIAGONAL ELECTRONICS
BE 0713.905.944
Anderlecht · Eq €134,338
SAFEMITECH
BE 0803.329.947
Beveren-Kruibeke-Zwijndrecht · Eq €133,694
Blue Iron Consulting
BE 0835.617.881
Sint-Jans-Molenbeek · Eq €135,617
MICHCOM
BE 0806.351.496
Geraardsbergen · Eq €132,651
Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,395 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.