GOLDEN LINING
ActiveGOLDEN LINING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €60k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 41% of 839 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
78
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+34
Solvency59▼-33
Growth52=
Stability94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 2.52 in 2023), and 68.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
44 d early
2022
40 d early
2021
27 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€115k▼ 26.8%
2023 · €157k
2021: €104k
2022: €138k
2023: €157k
2021 → 2024
Total assets
€367k▲ 10.0%
2023 · €333k
2021: €159k
2022: €305k
2023: €333k
2021 → 2024
Net result
€60k▲ 187%
2023 · €21k
2021: €103k
2022: €35k
2023: €21k
2021 → 2024
Working capital
€69k▼ 37.5%
2023 · €111k
2021: €92k
2022: €90k
2023: €111k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€104k-€138k▲ 32.4%€157k▲ 13.9%€115k▼ 26.8%
Operating result€133k-€46k▼ 65.0%€30k▼ 34.9%€79k▲ 162%
Net result€103k-€35k▼ 65.6%€21k▼ 41.2%€60k▲ 187%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 162% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €367k
Fixed assets
€141k▼ 5.3%
Current assets
€225k▲ 22.4%
Equity and liabilities €367k
Equity
€115k▼ 26.8%
Debt
€252k▲ 42.7%
The debt ratio rises from 52.9% to 68.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€95k▲
2023 · €48k
Cash flow
€76k▲
2023 · €38k
Solvency
31.3%▼
2023 · 47.1%
Current ratio
1.44▼
2023 · 2.52
Quick ratio
0.84▼
2023 · 1.78
Debt / equity
2.19▲
2023 · 1.12
ROE
51.9%▲
2023 · 13.3%
ROA
16.3%▲
2023 · 6.2%
Interest coverage
23.80▲
2023 · 12.89
Debt
€252k▲
2023 · €176k
Debt ≤ 1 year
€156k▲
2023 · €73k
Debt > 1 year
€96k▼
2023 · €103k
Income taxes
€16k▲
2023 · €6k
Staff costs
€187
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€333k€367k▲
Fixed assets21/28€149k€141k▼
Tangible fixed assets22/27€149k€141k▼
Land and buildings22€129k€125k▼
Plant, machinery and equipment23€9k€9k▲
Furniture and vehicles24€11k€7k▼
Current assets29/58€184k€225k▲
Stocks and contracts in progress3€54k€95k▲
Stocks30/36€54k€95k▲
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€3k€785▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€113k€123k▲
Deferred charges and accrued income490/1€13k€5k▼
Equity and liabilities
Total equity and liabilities10/49€333k€367k▲
Equity10/15€157k€115k▼
Contributions10/11€3k€3k=
Reserves13€154k€112k▼
Distributable reserves133€154k€112k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€176k€252k▲
Amounts payable after more than one year17€103k€96k▼
Financial debts170/4€103k€96k▼
Amounts payable within one year42/48€73k€156k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€23k€8k▼
Suppliers440/4€23k€8k▼
Taxes, remuneration and social security45€14k€29k▲
Taxes450/3€13k€13k▲
Remuneration and social security454/9€986€16k▲
Other amounts payable47/48€29k€111k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€187
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€954€1k▲
Gross operating margin9900€48k€97k▲
Operating profit (loss)9901€30k€79k▲
Financial income75/76B€563€436▼
Recurring financial income75€563€436▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€27k€76k▲
Income taxes67/77€6k€16k▲
Profit (loss) for the period9904€21k€60k▲
Profit (loss) for the period to be appropriated9905€21k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€60k▲
Transfer from equity791/2-€42k
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
Profit to be distributed694/7€2k€102k▲
Return on contributions (dividend)694€2k€102k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €21k ▼41.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €157k ▲13.9%
3 profitable years in a row build equity to €157k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lille · 1 establishment unit since 2020
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.
Herentalsesteenweg 612275 LilleGround area
2,116 m²
Building footprint
187 m²
Volume, LiDAR
1,159 m³
Parcel 13032B0346/00T000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GOLDEN LINING
since 20202.308.242.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13032B0346/00T000 | Flanders | 2,116 m² | 1 · 187 m² | 10.2 m · 2 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.
Similar companies · same sector, comparable size
BELDIAMOND
BE 0650.638.782
Brussel · Eq €114k
CRISY
BE 0891.954.986
Saint-Georges-sur-Meuse · Eq €118k
LEATITIA
BE 0478.395.486
Antwerpen · Eq €110k
UNILIV
BE 0659.917.130
Brugge · Eq €110k
EMSA
BE 0803.097.642
Nazareth · Eq €110k
Of 1,524 companies in sector 32123 we hold annual accounts for 225. 180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2020
Fiscal year end31-12
Activities, NACEBEL
32123Manufacture of jewellery
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.