De Link
ActiveSummary
De Link has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,200 and a net result of €29,949. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 13560 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency69▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 4.13 in 2024; short-term debt: 31.3% and cash: 1.7% of total assets), but 55.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
44.2%
Return on assets
5%
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
22 d early
2023
20 d early
2022
34 d early
2021
3 d early
2020
2 d early
2019
on the day
← 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 15 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
In the rankings
#6 company by equity in Zandhoven, Accommodation and food service sector#8 company by total assets in Zandhoven, Accommodation and food service sector#8 oldest company in Zandhoven, Accommodation and food service sector
Equity
€262,200▼ 23.8%
2024 · €344,104
Total assets
€593,385▲ 1.2%
2024 · €586,563
Net result
€29,949▼ 88.1%
2024 · €250,995
Working capital
€132,101▼ 44.0%
2024 · €235,998
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€45,788€6,280€31,686▲ 405%€42,113▲ 32.9%€32,155▼ 23.6%
Net result-€50,271below the sector's middle half€2,430within the sector's middle half€10,312within the sector's middle half▲ 324%€250,995above the sector's middle half▲ 2,334%€29,949above the sector's middle half▼ 88.1%
Equity€80,367above the sector's middle half▼ 38.5%€82,797within the sector's middle half▲ 3.0%€93,109within the sector's middle half▲ 12.5%€344,104within the sector's middle half▲ 270%€262,200above the sector's middle half▼ 23.8%
Total assets€479,120above the sector's middle half▼ 26.5%€398,701within the sector's middle half▼ 16.8%€379,265within the sector's middle half▼ 4.9%€586,563within the sector's middle half▲ 54.7%€593,385above the sector's middle half▲ 1.2%
Debt€398,753▼ 23.5%€315,904▼ 20.8%€286,156▼ 9.4%€242,459▼ 15.3%€331,185▲ 36.6%
Working capital-€36,415-€47,745▼ 31.1%-€48,097▼ 0.7%€235,998€132,101▼ 44.0%
Solvency16.8%within the sector's middle half▼ 3.3pp20.8%within the sector's middle half▲ 4.0pp24.5%within the sector's middle half▲ 3.8pp58.7%above the sector's middle half▲ 34.1pp44.2%within the sector's middle half▼ 14.5pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result -88% on 2024. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €593,385
Fixed assets
€275,262 =
Current assets
€318,124 ▲ 2.2%
Equity and liabilities €593,385
Equity
€262,200 ▼ 23.8%
Debt
€331,185 ▲ 36.6%
Debt's share of the balance-sheet total rises from 41.3% to 55.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32,155▼
2024 · €54,290
Cash flow
€29,949▼
2024 · €263,172
Current ratio
1.71▼
2024 · 4.13
Debt to equity
1.26▲
2024 · 0.70
ROE
11.4%▼
2024 · 72.9%
ROA
5.0%▼
2024 · 42.8%
Interest coverage
6.04▲
2024 · -4.20
Debt ≤ 1 year
€186,023▲
2024 · €75,303
Debt > 1 year
€143,692▼
2024 · €167,156
Income taxes
€10,619▼
2024 · €28,700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 20,129 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,197 | €11,937 | €11,937 | €12,177 | €0 | ▼ 100% |
| Other operating charges640/8 | €2,637 | €3,790 | €3,629 | €3,141 | €3,531 | ▲ 12.4% |
| Gross operating margin9900 | -€26,954 | €22,007 | €47,251 | €57,431 | €35,686 | ▼ 37.9% |
| Operating profit (loss)9901 | -€45,788 | €6,280 | €31,686 | €42,113 | €32,155 | ▼ 23.6% |
| Financial income75/76B | €1,502 | €1,767 | €2,207 | €224,671 | €13,738 | ▼ 93.9% |
| Recurring financial income75 | €1,502 | €1,767 | €2,207 | €224,671 | €13,738 | ▼ 93.9% |
| Financial charges65/66B | €5,849 | €5,480 | €23,441 | -€12,911 | €5,325 | ▲ 141% |
| Recurring financial charges65 | €5,849 | €5,480 | €23,441 | -€12,911 | €5,325 | ▲ 141% |
| Profit (loss) for the period before taxes9903 | -€50,135 | €2,567 | €10,452 | €279,695 | €40,568 | ▼ 85.5% |
| Income taxes67/77 | €136 | €137 | €140 | €28,700 | €10,619 | ▼ 63.0% |
| Profit (loss) for the period9904 | -€50,271 | €2,430 | €10,312 | €250,995 | €29,949 | ▼ 88.1% |
| Profit (loss) for the period to be appropriated9905 | -€50,271 | €2,430 | €10,312 | €250,995 | €29,949 | ▼ 88.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €479,120 | €398,701 | €379,265 | €586,563 | €593,385 | ▲ 1.2% |
| Fixed assets21/28 | €355,268 | €343,332 | €331,395 | €275,262 | €275,262 | = |
| Tangible fixed assets22/27 | €292,768 | €280,832 | €268,895 | €275,262 | €275,262 | = |
| Land and buildings22 | €292,768 | €280,832 | €268,895 | €275,262 | €275,262 | = |
| Financial fixed assets28 | €62,500 | €62,500 | €62,500 | - | - | - |
| Current assets29/58 | €123,852 | €55,369 | €47,869 | €311,301 | €318,124 | ▲ 2.2% |
| Amounts receivable after more than one year29 | - | - | - | €227,942 | €235,920 | ▲ 3.5% |
| Other amounts receivable291 | - | - | - | €227,942 | €235,920 | ▲ 3.5% |
| Amounts receivable within one year40/41 | €13,822 | €12,746 | €30,527 | €48,697 | €38,236 | ▼ 21.5% |
| Trade receivables40 | €9,317 | €8,150 | €6,858 | €25,387 | €14,460 | ▼ 43.0% |
| Other amounts receivable41 | €4,505 | €4,596 | €23,669 | €23,310 | €23,776 | ▲ 2.0% |
| Current investments50/53 | €44,464 | €31,124 | €14,639 | €30,446 | €33,793 | ▲ 11.0% |
| Cash at bank and in hand54/58 | €65,446 | €11,383 | €2,347 | €4,088 | €10,040 | ▲ 146% |
| Deferred charges and accrued income490/1 | €119 | €117 | €356 | €129 | €135 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €479,120 | €398,701 | €379,265 | €586,563 | €593,385 | ▲ 1.2% |
| Equity10/15 | €80,367 | €82,797 | €93,109 | €344,104 | €262,200 | ▼ 23.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €112,046 | €112,046 | €112,046 | €325,512 | €243,608 | ▼ 25.2% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €110,187 | €110,187 | €110,187 | €323,653 | €241,749 | ▼ 25.3% |
| Profit (loss) carried forward14 | -€50,271 | -€47,841 | -€37,529 | - | €0 | - |
| Amounts payable17/49 | €398,753 | €315,904 | €286,156 | €242,459 | €331,185 | ▲ 36.6% |
| Amounts payable after more than one year17 | €236,949 | €212,790 | €190,190 | €167,156 | €143,692 | ▼ 14.0% |
| Financial debts170/4 | €236,949 | €212,790 | €190,190 | €167,156 | €143,692 | ▼ 14.0% |
| Amounts payable within one year42/48 | €160,267 | €103,114 | €95,966 | €75,303 | €186,023 | ▲ 147% |
| Current portion of amounts payable after more than one year42 | €24,341 | €24,160 | €22,600 | €23,033 | €23,464 | ▲ 1.9% |
| Trade debts44 | €6,499 | €6,831 | €7,094 | €9,555 | €2,418 | ▼ 74.7% |
| Suppliers440/4 | €6,499 | €6,831 | €7,094 | €9,555 | €2,418 | ▼ 74.7% |
| Taxes, remuneration and social security45 | €75,784 | €29,097 | €8,011 | €42,538 | €33,034 | ▼ 22.3% |
| Taxes450/3 | €73,784 | €29,097 | €6,011 | €40,538 | €33,034 | ▼ 18.5% |
| Remuneration and social security454/9 | €2,000 | - | €2,000 | €2,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | €53,643 | €43,026 | €58,261 | €177 | €127,107 | ▲ 71,712% |
| Accrued charges and deferred income492/3 | €1,537 | - | - | - | €1,471 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€50,271 | €2,430 | €10,312 | €250,995 | €29,949 | ▼ 88.1% |
| + Depreciation and write-downs630 | €16,197 | €11,937 | €11,937 | €12,177 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€34,074 | €14,367 | €22,248 | €263,172 | €29,949 | ▼ 88.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €43,957 | €0 | ▼ 100% |
| Change in cash | - | -€54,064 | -€9,036 | €1,741 | €5,952 | ▲ 242% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €250,995 ▲2,334%
Net result €250,995, the highest in the series.
30-09
Financial
Liquidity times 8current ratio 4.13
Current ratio from 0.50 to 4.13; short-term debt falls from €95,966 to €75,303.
30-09
Financial
Equity above €200,000Eq €344,104 ▲270%
3 profitable years in a row build equity to €344,104.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €2,430
Net result €2,430 after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€50,271
Net result drops to -€50,271, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €176,351
Net result €176,351 after 2 loss-making years.
Show earlier events
30-09
Financial
Liquidity times 6current ratio 1.12
Current ratio from 0.18 to 1.12; short-term debt falls from €270,524 to €259,531.
30-09
Financial
Equity above €100,000Eq €130,638
Equity rises from -€45,713 to €130,638.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 331 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 1994
Ground area
118 m²
Building footprint
118 m²
Volume, LiDAR
787 m³
Parcel 11034B0092/00H000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DE LINK
since 19942.068.561.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0092/00H000 | Flanders | 118 m² | 1 · 118 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2023 list no shareholders, and no other source names one.
Holdings 1
-
80.65%
According to the annual accounts to 30-09-2023 of De Link and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 2,789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-1994
Fiscal year end30-09
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453407296
Also
9925:BE0453407296
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.