E.Z.M. LINA
Open bankruptcyA bankruptcy procedure is open for E.Z.M. LINA according to publications in the Belgian State Gazette; curator: Nick PEETERS.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-12-2023, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
133 d late
2021
61 d late
2020
58 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€610k
EBIT margin
-1.3%
Net result
€1k▼ 65.9%
2021 · €3k
2020: €-543
2021: €3k
2020 → 2022
Working capital
€1k
2021 · €-2k
2020: €-543
2021: €-2k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€610k
Equity€-543-€3k€4k▲ 41.4%
Operating result€-5k-€1k€-8k
Net result€-543-€3k€1k▼ 65.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €8k after €1k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €12k
Fixed assets
€3k▼ 34.1%
Current assets
€9k▼ 73.0%
Equity and liabilities €12k
Equity
€4k▲ 41.4%
Debt
€9k▼ 76.0%
The debt ratio falls from 93.4% to 70.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-6k▼
2021 · €2k
Cash flow
€3k▼
2021 · €4k
Solvency
29.3%▲
2021 · 6.6%
Current ratio
1.16▲
2021 · 0.95
Quick ratio
0.78▲
2021 · 0.61
Debt / equity
2.41▼
2021 · 14.18
ROE
29.3%▼
2021 · 121.3%
ROA
8.6%▲
2021 · 8.0%
Interest coverage
-41.37▼
2021 · 185.67
Debt
€9k▼
2021 · €36k
Debt ≤ 1 year
€8k▼
2021 · €36k
Income taxes
€1k▼
2021 · €2k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€39k€12k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€34k€9k▼
Stocks and contracts in progress3€12k€3k▼
Stocks30/36€12k€3k▼
Amounts receivable within one year40/41€3k€3k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€19k€2k▼
Deferred charges and accrued income490/1-€603
Equity and liabilities
Total equity and liabilities10/49€39k€12k▼
Equity10/15€3k€4k▲
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€36k€9k▼
Amounts payable within one year42/48€36k€8k▼
Trade debts44€28k€694▼
Suppliers440/4€28k€694▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€4k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€300€783▲
Income statement
Code20212022
Turnover70-€610k
Goods, raw materials, services and sundry goods60/61-€610k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€870€2k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€5k€-751▼
Operating profit (loss)9901€1k€-8k▼
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Non-recurring financial income76B€4k€10k▲
Financial charges65/66B€649€146▼
Recurring financial charges65€10€146▲
Non-recurring financial charges66B€639-
Profit (loss) for the period before taxes9903€5k€2k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€4k▲
Profit (loss) brought forward from the previous period14P€-543€3k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · E.Z.M. LINA BV NINOOFSE- STEENWEG 8/2, 1700 DILBEEK · event 17-06-2025
13-03
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: E.Z.M. LINA BV- NINOOFSESTEENWEG 8/2, 1700 DILBEEK
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 58 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Nick PEETERS ESPLANADE 1 BUS 88, 1020 BRUSSEL 2- |
17-06-2025 → present |