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IMMO-LINALEX

Active
Private limited companyfounded 200818 yrs activeWaverse steenweg 1080, 1160 Oudergem, BelgiumKBO/BCE: BE 0898.538.021

IMMO-LINALEX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €877k and a net result of €269k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 9135 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
77 / 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
Profitability86▲+37
Solvency70▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 4.19 against 3.56 in 2024; short-term debt: 22.1% and cash: 1.4% of total assets), but 54.9% 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 riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.1%
Return on assets
13.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
46 d late
2024
60 d late
2023
90 d late
2022
53 d late
2021
61 d late
2020
58 d late
2019
14 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€269k▲ 199%
2024 · €90k
2018: €-52k 2019: €66k 2020: €15k 2021: €14k 2022: €56k 2023: €145k 2024: €90k
2018 → 2025
Working capital
€1.37M▲ 6.7%
2024 · €1.28M
2018: €1.09M 2019: €1.10M 2020: €1.61M 2021: €1.95M 2022: €1.68M 2023: €1.81M 2024: €1.28M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€318k-€373k▲ 17.6%€518k▲ 38.8%€608k▲ 17.4%€877k▲ 44.2%
Operating result€139k-€175k▲ 25.7%€315k▲ 79.8%€195k▼ 38.2%€467k▲ 140%
Net result€14k-€56k▲ 310%€145k▲ 160%€90k▼ 37.9%€269k▲ 199%
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €139k€139kNet result 2021: €14k€14kOperating result 2022: €175k€175kNet result 2022: €56k€56kOperating result 2023: €315k€315kNet result 2023: €145k€145kOperating result 2024: €195k€195kNet result 2024: €90k€90kOperating result 2025: €467k€467kNet result 2025: €269k€269k20212022202320242025
The operating result recovers in 2025; 2025 is 140% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets €143k▼ 83.8%
Current assets €1.80M▲ 0.8%
Equity and liabilities €1.94M
Equity €877k▲ 44.2%
Provisions €0▼ 100%
Debt €1.07M▼ 46.6%
The debt ratio falls from 74.7% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€488k
2024 · €245k
Cash flow
€290k
2024 · €141k
Solvency
45.1%
2024 · 22.8%
Current ratio
4.19
2024 · 3.56
Quick ratio
2.04
2024 · 0.83
Debt / equity
1.22
2024 · 3.28
ROE
30.6%
2024 · 14.8%
ROA
13.8%
2024 · 3.4%
Interest coverage
9.14
2024 · 3.12
Debt
€1.07M
2024 · €1.99M
Debt ≤ 1 year
€430k
2024 · €501k
Debt > 1 year
€635k
2024 · €1.49M
Income taxes
€216k
2024 · €43k
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€2.67M€1.94M
Fixed assets21/28€883k€143k
Tangible fixed assets22/27€883k€143k
Land and buildings22€837k€118k
Furniture and vehicles24€18k€2k
Other tangible fixed assets26€29k€23k
Current assets29/58€1.79M€1.80M
Stocks and contracts in progress3€1.37M€923k
Stocks30/36€1.37M€923k
Amounts receivable within one year40/41€11k€10k
Trade receivables40€11k€991
Other amounts receivable41€426€9k
Current investments50/53€393k€824k
Cash at bank and in hand54/58€11k€27k
Deferred charges and accrued income490/1€436€15k
Equity and liabilities
Total equity and liabilities10/49€2.67M€1.94M
Equity10/15€608k€877k
Contributions10/11€12k€12k=
Reserves13€514k€783k
Tax-exempt reserves132€200k€0
Distributable reserves133€315k€783k
Profit (loss) carried forward14€81k€82k
Provisions and deferred taxes16€67k€0
Deferred taxes168€67k€0
Amounts payable17/49€1.99M€1.07M
Amounts payable after more than one year17€1.49M€635k
Financial debts170/4€1.47M€624k
Other amounts payable178/9€11k€11k=
Amounts payable within one year42/48€501k€430k
Current portion of amounts payable after more than one year42€98k€47k
Financial debts43€15€60
Credit institutions430/8€15€60
Trade debts44€7k€9k
Suppliers440/4€7k€9k
Taxes, remuneration and social security45€123k€12k
Taxes450/3€123k€12k
Other amounts payable47/48€273k€362k
Accrued charges and deferred income492/3€7k€1k
Income statement Code20242025
Non-recurring operating income76A-€483k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€21k
Other operating charges640/8€21k€11k
Gross operating margin9900€266k€499k
Operating profit (loss)9901€195k€467k
Financial income75/76B€15k€5k
Recurring financial income75€15k€5k
Financial charges65/66B€79k€53k
Recurring financial charges65€79k€53k
Profit (loss) for the period before taxes9903€131k€418k
Transfer from deferred taxes780€2k€67k
Income taxes67/77€43k€216k
Profit (loss) for the period9904€90k€269k
Transfer from tax-exempt reserves789€7k€200k
Profit (loss) for the period to be appropriated9905€97k€469k
Appropriation of the result
Profit (loss) to be appropriated9906€178k€550k
Profit (loss) brought forward from the previous period14P€81k€81k
Transfer to equity691/2€97k€468k
To other reserves6921€97k€468k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 46 days late
08-09
State Gazette act Board meeting · Registered-office move
Board meeting · Registered-office move2 facts ▸
  • Board meeting, 2025-12-23
  • Registered-office move, Chaussée de Wavre, 1080 bte A1 à 1160 Auderghem
2025
31-12
Financial Highest result since 2018net €269k ▲199%
Operating result €467k, net result €269k, both a record.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
29-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial Equity above €500kEq €518k ▲38.8%
5 profitable years in a row build equity to €518k.
22-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
14-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial Back to profitnet €66k
Net result €66k after one loss-making year.
12-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Waverse steenweg 10801160 Oudergem
Ground area
7,985 m²
Building footprint
906 m²
Volume, LiDAR
15,251 m³
2 parcels, Brussels · tallest building 30.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
IMMO-LINALEX
Baljuwstraat 31, 1000 BrusselReal estate activities
since 20082.223.050.651
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21002A0169/00V005 Brussels 7,708 m² 1 · 779 m² 23.6 m · 6 fl.
21447B0209/00H002 Brussels 277 m² 1 · 127 m² 30.3 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 9,134 companies in sector 68201 we hold annual accounts for 6,763. 4,899 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-06-2008
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.