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DE LINDE

Active
Public limited companyfounded 199432 yrs activeRue de l'Ancienne Passerelle(SL) 18, 7730 Estaimpuis, BelgiumKBO/BCE: BE 0452.254.184
Summary

DE LINDE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11,778 and a net result of -€8,177. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency61▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 18.06 against 47.08 in 2023; short-term debt: 5.5% and cash: 57.2% of total assets), but 63.9% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
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 2024
Solvency, return and age of the figures
Solvency
36.1%
Return on assets
-25.1%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
101 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DE LINDE was incorporated on 28 February 1994.1 Total assets fell from EUR 50,778 in 2018 to EUR 32,582 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€11,778▼ 41.0%
2023 · €19,956
Total assets
€32,582▼ 71.8%
2023 · €115,407
Net result
-€8,177
2023 · €96,888
Working capital
€30,778▼ 72.8%
2023 · €112,956
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€273▲ 60.3%-€46,863▼ 17,065%-€3,117▲ 93.3%€96,956-€8,094
Net result-€330▲ 55.0%-€46,935▼ 14,117%-€3,188▲ 93.2%€96,888-€8,177
Equity-€26,810▼ 1.2%-€73,745▼ 175%-€76,933▼ 4.3%€19,956€11,778▼ 41.0%
Total assets€37,266▼ 21.9%€30,751▼ 17.5%€25,671▼ 16.5%€115,407▲ 350%€32,582▼ 71.8%
Debt€64,077▼ 13.7%€104,497▲ 63.1%€102,604▼ 1.8%€95,451▼ 7.0%€20,804▼ 78.2%
Working capital-€23,711▼ 30.0%-€24,373▼ 2.8%€3,129€112,956▲ 3,510%€30,778▼ 72.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: -€273-€273Net result 2020: -€330-€330Operating result 2021: -€46,863-€46,863Net result 2021: -€46,935-€46,935Operating result 2022: -€3,117-€3,117Net result 2022: -€3,188-€3,188Operating result 2023: €96,956€96,956Net result 2023: €96,888€96,888Operating result 2024: -€8,094-€8,094Net result 2024: -€8,177-€8,17720202021202220232024-€50,000€0€50,000€100,000Operating result 2022: -€3,117-€3,120Net result 2022: -€3,188-€3,190Operating result 2023: €96,956€97,000Net result 2023: €96,888€96,900Operating result 2024: -€8,094-€8,090Net result 2024: -€8,177-€8,180202220232024
The operating result turns negative in 2024: a loss of €8,094 after €96,956 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €32,582
Equity €11,778 ▼ 41.0%
Debt €20,804 ▼ 78.2%
Debt's share of the balance-sheet total falls from 82.7% to 63.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
18.06▼
2023 · 47.08
Debt to equity
1.77▼
2023 · 4.78
ROE
-69.4%▼
2023 · 485.5%
ROA
-25.1%▼
2023 · 84.0%
Debt ≤ 1 year
€1,804▼
2023 · €2,451
Debt > 1 year
€19,000▼
2023 · €93,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€115,407€32,582▼
Current assets29/58€115,407€32,582▼
Amounts receivable within one year40/41€604€13,957▲
Other amounts receivable41€604€13,957▲
Cash at bank and in hand54/58€114,803€18,625▼
Equity and liabilities
Total equity and liabilities10/49€115,407€32,582▼
Equity10/15€19,956€11,778▼
Contributions10/11€70,000€70,000=
Capital10€70,000€70,000=
Issued capital100€70,000€70,000=
Reserves13€9,018€9,018=
Non-distributable reserves130/1€7,000€7,000=
Legal reserve130€7,000€7,000=
Distributable reserves133€2,018€2,018=
Profit (loss) carried forward14-€59,062-€67,240▼
Amounts payable17/49€95,451€20,804▼
Amounts payable after more than one year17€93,000€19,000▼
Other amounts payable178/9€93,000€19,000▼
Amounts payable within one year42/48€2,451€1,804▼
Trade debts44€1,000€1,000=
Suppliers440/4€1,000€1,000=
Other amounts payable47/48€1,451€804▼
Income statement Code20232024
Non-recurring operating income76A€101,375€5,000▼
Other operating charges640/8€212€12,405▲
Gross operating margin9900€97,168€4,310▼
Operating profit (loss)9901€96,956-€8,094▼
Financial charges65/66B€68€83▲
Recurring financial charges65€68€83▲
Profit (loss) for the period before taxes9903€96,888-€8,177▼
Profit (loss) for the period9904€96,888-€8,177▼
Profit (loss) for the period to be appropriated9905€96,888-€8,177▼
Appropriation of the result
Profit (loss) to be appropriated9906-€59,062-€67,240▼
Profit (loss) brought forward from the previous period14P-€155,951-€59,062▲
Line20202021202220232024Change
Non-recurring operating income76A---€101,375€5,000▼ 95.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,853€5,853€5,853---
Other operating charges640/8-€2,641€6,124€212€12,405▲ 5,751%
Gross operating margin9900€6,280-€38,369€8,859€97,168€4,310▼ 95.6%
Operating profit (loss)9901-€273-€46,863-€3,117€96,956-€8,094▼ 108%
Financial charges65/66B-€72€71€68€83▲ 22.0%
Recurring financial charges65€57€72€71€68€83▲ 22.0%
Profit (loss) for the period before taxes9903-€330-€46,935-€3,188€96,888-€8,177▼ 108%
Profit (loss) for the period9904-€330-€46,935-€3,188€96,888-€8,177▼ 108%
Profit (loss) for the period to be appropriated9905-€330-€46,935-€3,188€96,888-€8,177▼ 108%
Line20202021202220232024Change
Assets
Total assets20/58€37,266€30,751€25,671€115,407€32,582▼ 71.8%
Fixed assets21/28€32,701€26,848€20,995---
Tangible fixed assets22/27€32,701€26,848€20,995---
Land and buildings22-€26,848€20,995---
Current assets29/58€4,565€3,903€4,676€115,407€32,582▼ 71.8%
Amounts receivable within one year40/41€3,150€3,150-€604€13,957▲ 2,210%
Other amounts receivable41-€3,150-€604€13,957▲ 2,210%
Cash at bank and in hand54/58€1,415€753€3,790€114,803€18,625▼ 83.8%
Deferred charges and accrued income490/1--€886---
Equity and liabilities
Total equity and liabilities10/49€37,266€30,751€25,671€115,407€32,582▼ 71.8%
Equity10/15-€26,810-€73,745-€76,933€19,956€11,778▼ 41.0%
Contributions10/11€70,000€70,000€70,000€70,000€70,000=
Capital10-€70,000€70,000€70,000€70,000=
Issued capital100-€70,000€70,000€70,000€70,000=
Reserves13€9,018€9,018€9,018€9,018€9,018=
Non-distributable reserves130/1-€7,000€7,000€7,000€7,000=
Legal reserve130-€7,000€7,000€7,000€7,000=
Distributable reserves133-€2,018€2,018€2,018€2,018=
Profit (loss) carried forward14-€105,828-€152,763-€155,951-€59,062-€67,240▼ 13.8%
Amounts payable17/49€64,077€104,497€102,604€95,451€20,804▼ 78.2%
Amounts payable after more than one year17€35,800€76,220€101,058€93,000€19,000▼ 79.6%
Other amounts payable178/9-€76,220€101,058€93,000€19,000▼ 79.6%
Amounts payable within one year42/48€28,277€28,277€1,547€2,451€1,804▼ 26.4%
Trade debts44---€1,000€1,000=
Suppliers440/4---€1,000€1,000=
Other amounts payable47/48-€28,277€1,547€1,451€804▼ 44.6%
Line20202021202220232024Change
Profit (loss) for the period9904-€330-€46,935-€3,188€96,888-€8,177▼ 108%
+ Depreciation and write-downs630€5,853€5,853€5,853---
Operating cash flow (approximation)€5,523-€41,082€2,665€96,888-€8,177▼ 108%
Investment in fixed assets (approximation)-€0€0---
Change in cash--€662€3,037€111,013-€96,177▼ 187%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Back to profitnet €96,888
Net result €96,888 after 5 loss-making years.
31-12
Financial Liquidity times 16current ratio 47.08
Current ratio from 3.02 to 47.08.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Liquidity times 22current ratio 3.02
Current ratio from 0.14 to 3.02; short-term debt falls from €28,277 to €1,547.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€46,935
Net result drops to -€46,935, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 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, Estaimpuis · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
8,333 m²
Building footprint
468 m²
Volume, LiDAR
2,396 m³
2 parcels, Flanders, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ieperseweg 145, 8800 Roeselare
Insurance, reinsurance and pension funding, except compulsory social security
since 19942.066.972.604
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
36013A0414/00D000 Flanders 8,117 m² 1 · 468 m² 8.2 m · 2 fl.
57075B0200/00G000 Wallonia 216 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded28-02-1994
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.