Financials
- Fiscal year
- 2025
- Total assets
- €4.8m
- Profit
- €511,468
- Solvency
- 34.1%
Total assets▲ 1.4%
Net result
20182025
DE LINDE
ActiveSummary
DE LINDE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €511,468. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 1127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Coating of metals
NACE 25510Manufacture of fabricated metal products, except machinery and equipment NACE 25610NACE 28510
#9 oldest company in Gistel, Manufacturing sector1 site
How big
€4.8mtotal assets 2025
- Staff
- 4.2 FTE
- Equity
- €1.6m
- Profit
- €511,468
Turnover not published (abridged schema)
Who decides
- Parent
- BERTEVELDE · 100%
Accounts filed 24 d late0 of 3 deeds read
Why 81- Liquidity: current ratio 1.49, cash €140,048, halved- Latest accounts 24 days late; 2 of the last 3 late- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Founded in 1991Show the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
59+3
equity 34.1% of total assets
Liquidity
47-7
short-term debt 21.3% · cash 2.9%
Profitability
82-1
return on assets 10.6%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.6%highest value
09-2026: 0.6%▼ -5.0% vs 08-2026lowest value
10-2026: 0.6%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 1.49, cash €140,048, halved raises the probability
- Founded in 1991 lowers the probability for this profile
- Latest accounts 24 days late; 2 of the last 3 late raises the probability
- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Credit up to €130,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.37 in 2024; short-term debt: 21.3% and cash: 2.9% of total assets), and 65.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 37%, liquidity 37%, profitability 67%, growth against the median 60%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
59 d late
2023
65 d late
2022
29 d late
2021
31 d late
2020
13 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2018net €535,689 ▲102%
Key points
By topic
Board & ownership
- Parent
- BERTEVELDE · 100%
Network & group
- Group
- GLEVICO
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 24-08-2026Annual accounts filed
- 28-09-2025Annual accounts filed
- 31-12-2024Highest result since 2018
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Coating of metalsNACE 25510
- Founded
- 03-05-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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