DE LINDE
ActiveDE LINDE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548k and a net result of €108k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 3657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 2.53 in 2024; short-term debt: 16.8% and cash: 27% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.3%
Return on assets
15.6%
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 03-04-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
34 d early
2023
36 d early
2022
26 d early
2021
36 d early
2020
30 d early
2019
34 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
€548k▲ 24.5%
2024 · €440k
2018: €300k
2019: €348k
2020: €321k
2021: €364k
2022: €416k
2023: €399k
2024: €440k
2018 → 2025
Total assets
€691k▲ 16.2%
2024 · €594k
2018: €564k
2019: €596k
2020: €512k
2021: €617k
2022: €627k
2023: €595k
2024: €594k
2018 → 2025
Net result
€108k▲ 50.3%
2024 · €72k
2018: €46k
2019: €58k
2020: €-27k
2021: €73k
2022: €73k
2023: €12k
2024: €72k
2018 → 2025
Working capital
€281k▲ 67.9%
2024 · €167k
2018: €23k
2019: €66k
2020: €22k
2021: €75k
2022: €129k
2023: €137k
2024: €167k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€364k-€416k▲ 14.6%€399k▼ 4.3%€440k▲ 10.5%€548k▲ 24.5%
Operating result€85k-€89k▲ 5.7%€22k▼ 75.1%€110k▲ 395%€158k▲ 42.9%
Net result€73k-€73k▲ 0.5%€12k▼ 83.5%€72k▲ 495%€108k▲ 50.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €691k
Fixed assets
€294k▼ 7.5%
Current assets
€397k▲ 43.6%
Equity and liabilities €691k
Equity
€548k▲ 24.5%
Debt
€143k▼ 7.4%
The debt ratio falls from 25.9% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€209k▲
2024 · €162k
Cash flow
€159k▲
2024 · €123k
Solvency
79.3%▲
2024 · 74.1%
Current ratio
3.42▲
2024 · 2.53
Quick ratio
3.29▲
2024 · 2.33
Debt / equity
0.26▼
2024 · 0.35
ROE
19.7%▲
2024 · 16.3%
ROA
15.6%▲
2024 · 12.1%
Interest coverage
41.82▲
2024 · 27.02
Debt
€143k▼
2024 · €154k
Debt ≤ 1 year
€116k▲
2024 · €109k
Debt > 1 year
€27k▼
2024 · €45k
Income taxes
€48k▲
2024 · €33k
Staff costs
€103k▲
2024 · €98k
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€594k€691k▲
Fixed assets21/28€318k€294k▼
Tangible fixed assets22/27€318k€294k▼
Land and buildings22€242k€233k▼
Plant, machinery and equipment23€48k€38k▼
Furniture and vehicles24€28k€23k▼
Current assets29/58€276k€397k▲
Stocks and contracts in progress3€22k€15k▼
Stocks30/36€22k€15k▼
Amounts receivable within one year40/41€153k€194k▲
Trade receivables40€153k€123k▼
Other amounts receivable41€0€70k▲
Cash at bank and in hand54/58€100k€186k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€594k€691k▲
Equity10/15€440k€548k▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€309k€414k▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€297k€402k▲
Profit (loss) carried forward14€7k€10k▲
Amounts payable17/49€154k€143k▼
Amounts payable after more than one year17€45k€27k▼
Financial debts170/4€45k€27k▼
Amounts payable within one year42/48€109k€116k▲
Current portion of amounts payable after more than one year42€24k€24k▲
Trade debts44€32k€30k▼
Suppliers440/4€32k€30k▼
Taxes, remuneration and social security45€51k€62k▲
Taxes450/3€38k€51k▲
Remuneration and social security454/9€13k€11k▼
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€98k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12k
Other operating charges640/8€8k€12k▲
Gross operating margin9900€269k€335k▲
Operating profit (loss)9901€110k€158k▲
Financial income75/76B€184€3k▲
Recurring financial income75€184€3k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€105k€155k▲
Income taxes67/77€33k€48k▲
Profit (loss) for the period9904€72k€108k▲
Profit (loss) for the period to be appropriated9905€72k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€115k▲
Profit (loss) brought forward from the previous period14P€5k€7k▲
Transfer from equity791/2€30k€0▼
Transfer to equity691/2€70k€105k▲
To other reserves6921€70k€105k▲
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
Social balance
Average headcount (FTE)90872.12.1=
The notes to these accounts (13 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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €108k ▲50.3%
Operating result €158k, net result €108k, both a record.
30-09
Financial
Equity above €500kEq €548k ▲24.5%
5 profitable years in a row build equity to €548k.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-27k ▼147%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
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, Zottegem · 1 establishment unit since 1995
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.
Gaverland 559620 ZottegemGround area
1,662 m²
Building footprint
759 m²
Volume, LiDAR
2,704 m³
Parcel 41017C0320/00H000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FEESTZAAL DE LINDE
since 19952.072.291.073
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41017C0320/00H000 | Flanders | 1,662 m² | 1 · 759 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 764 EUR awarded · 764 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 588 EUR | 588 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZottegem2.072.291.073
Dual-learning approval
5 live approvals · 1 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Restaurant en keuken duaal (so)
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 6,029 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-05-1995
Fiscal year end30-09
Activities, NACEBEL
55522
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.