DE LINDE
DE LINDE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €6k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 7538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €179k |
| Net result | €6k |
| Better than sector | 23% |
| Active | 25 yrs |
Fragile profile, watch solvency in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.1% | 50.9% | |
| Net result | €6k | €16k | |
| Equity | €179k | €58k | |
| Gross operating margin | €111k | €40k | |
| Total assets | €1.11M | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €106k | €98k | €65k | €49k | €73k |
| Net profit | €6k | €21k | €25k | €8k | €33k |
| Cash flow | €60k | €68k | €44k | €43k | €58k |
| Staff costs | - | - | - | - | - |
| Income taxes | €6k | €2k | €3k | €1k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €1.11M | €1.14M | €1.23M | €1.12M | €1.13M |
| Equity | €179k | €173k | €152k | €127k | €119k |
| Debt | €934k | €964k | €1.08M | €988k | €1.02M |
| of which ≤ 1y | €321k | €351k | €348k | €239k | €239k |
| of which > 1y | €613k | €613k | €735k | €749k | €776k |
| Working capital | €-286k | €-322k | €-252k | €-212k | €-118k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.11 | 0.08 | 0.27 | 0.12 | 0.51 |
| Quick ratio | 0.11 | 0.08 | 0.27 | 0.12 | 0.51 |
| Working capital ratio | -25.7% | -28.3% | -20.4% | -19.0% | -10.4% |
| Solvency | 16.1% | 15.2% | 12.3% | 11.4% | 10.5% |
| Debt / equity | 5.22 | 5.57 | 7.13 | 7.78 | 8.53 |
| Long-term debt ratio | 3.43 | 3.54 | 4.84 | 5.89 | 6.52 |
| Interest coverage | 2.72 | 3.61 | 3.64 | 2.44 | 6.02 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.5% | 1.9% | 2.0% | 0.7% | 3.0% |
| ROE | 3.4% | 12.2% | 16.3% | 6.3% | 28.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.11M | €1.14M | €1.23M | €1.12M | €1.13M |
| Fixed assets | 21/28 | €1.08M | €1.11M | €1.14M | €1.09M | €1.01M |
| Tangible fixed assets | 22/27 | €1.07M | €1.10M | €1.14M | €1.09M | €1.01M |
| Financial fixed assets | 28 | €5k | €5k | €1k | €1k | - |
| Current assets | 29/58 | €35k | €30k | €95k | €28k | €121k |
| Amounts receivable within one year | 40/41 | €28k | €23k | €85k | €2k | €15k |
| Cash & bank | 54/58 | €6k | €4k | €8k | €24k | €104k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M | €1.14M | €1.23M | €1.12M | €1.13M |
| Equity | 10/15 | €179k | €173k | €152k | €127k | €119k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €160k | €154k | €133k | €108k | €100k |
| Amounts payable | 17/49 | €934k | €964k | €1.08M | €988k | €1.02M |
| Amounts payable after one year | 17 | €613k | €613k | €735k | €749k | €776k |
| Amounts payable within one year | 42/48 | €321k | €351k | €348k | €239k | €239k |
| Trade debts payable within one year | 44 | €130k | €129k | €170k | €115k | €105k |
| Income statement | ||||||
| Gross operating margin | 9900 | €111k | €105k | €75k | €52k | €76k |
| Operating result | 9901 | €51k | €50k | €46k | €15k | €49k |
| Financial income | 75 | - | - | - | €15k | €32 |
| Financial charges | 65 | €39k | €27k | €18k | €20k | €12k |
| Result before taxes | 9903 | €12k | €23k | €28k | €9k | €37k |
| Income taxes | 67/77 | €6k | €2k | €3k | €1k | €3k |
| Net result for the period | 9904 | €6k | €21k | €25k | €8k | €33k |
| Result to be appropriated | 9905 | €6k | €21k | €25k | €8k | €33k |
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2001 |
| Status | Active |
| Postal code | 9940 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302D0958/00C000 | Flanders | 3,608 m² | 1 · 1,440 m² | 7.3 m · 1 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-02-2023 Registered office moved within Evergem
- KAPELLESTRAAT 96 -9940 EVERGEM → Hofbilkstraat 16 a te 9940 Evergem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Hofbilkstraat 16 a te 9940 Evergem",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Hofbilkstraat",
"country": "BE",
"postcode": "9940",
"box_number": "a",
"street_number": "16",
"locality_suffix": null
},
"old_address": {
"raw": "KAPELLESTRAAT 96 -9940 EVERGEM",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "KAPELLESTRAAT",
"country": "BE",
"postcode": "9940",
"box_number": null,
"street_number": "96",
"locality_suffix": null
},
"effective_date": "2023-01-01",
"evidence_quote": "de maatschappelijke zetel wordt overgebracht van Kapellestraat 96 te 9940 Evergem naar Hofbilkstraat 16 a te 9940 Evergem en dit vanaf 01 januari 2023.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-02-23",
"filing_date": "2023-02-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-03",
"unanimous": true
},
"subject_company": {
"kbo": "0473.848.958",
"name_full": "DE LINDE",
"legal_form": "BESLOTEN VENNOOTSCHAP MET BEPERKTE AANSPRAKELIJKHED"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Johan De Baerdemaeker",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch ch Staatsblad -23/02/2023-Annexes du Moniteur belge"
]
}| Legal nameNL | DE LINDE |