LASTLINK
LASTLINK has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-236k) and a net result of €-179k. Equity is shrinking by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 4440 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €-236k |
| Net result | €-179k |
| Better than sector | 9% |
| Active | 29 yrs |
Mixed profile: strong on profitability, weaker on health.
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 | -10.7% | 38.4% | |
| Net result | €-179k | €23k | |
| Equity | €-236k | €918k | |
| Gross operating margin | €68k | €157k | |
| Total assets | €2.21M | €3.36M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €50k | €38k | €383k | €8k | €4k |
| Net profit | €-179k | €-168k | €148k | €-44k | €2k |
| Cash flow | €-57k | €-71k | €227k | €-11k | €4k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €2.21M | €2.93M | €1.81M | €1.45M | €24k |
| Equity | €-236k | €-57k | €111k | €-36k | €8k |
| Debt | €2.38M | €2.92M | €1.62M | €1.48M | €16k |
| of which ≤ 1y | €305k | €1.04M | €349k | €53k | €16k |
| of which > 1y | €2.02M | €1.85M | €1.26M | €1.43M | - |
| Working capital | €-186k | €-96k | €44k | €13k | €-16k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.39 | 0.91 | 1.13 | 1.25 | 0.04 |
| Quick ratio | 0.36 | 0.10 | 1.13 | 1.25 | 0.04 |
| Working capital ratio | -8.4% | -3.3% | 2.4% | 0.9% | -65.0% |
| Solvency | -10.7% | -1.9% | 6.2% | -2.5% | 32.6% |
| Debt / equity | -10.06 | -51.25 | 14.55 | -40.76 | 2.07 |
| Long-term debt ratio | -8.56 | -32.49 | 11.31 | -39.30 | - |
| Interest coverage | 0.46 | 0.34 | 4.84 | 0.42 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -8.1% | -5.7% | 8.2% | -3.1% | 7.1% |
| ROE | 75.9% | 295.8% | 132.7% | 121.4% | 21.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €2.21M | €2.93M | €1.81M | €1.45M | €24k |
| Fixed assets | 21/28 | €2.09M | €1.99M | €1.41M | €1.37M | €23k |
| Formation expenses | 20 | €0 | €514 | €4k | €7k | - |
| Tangible fixed assets | 22/27 | €2.09M | €1.99M | €1.41M | €1.37M | €23k |
| Financial fixed assets | 28 | - | - | - | - | €250 |
| Current assets | 29/58 | €119k | €948k | €393k | €66k | €581 |
| Stocks & contracts in progress | 3 | €9k | €842k | - | - | - |
| Amounts receivable within one year | 40/41 | €65k | €68k | €388k | €14k | - |
| Cash & bank | 54/58 | €3k | €20k | €2k | €51k | €581 |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.21M | €2.93M | €1.81M | €1.45M | €24k |
| Equity | 10/15 | €-236k | €-57k | €111k | €-36k | €8k |
| Contributions / capital | 10/11 | €66k | €66k | €66k | €66k | €66k |
| Reserves | 13 | €216k | €224k | €232k | - | - |
| Accumulated profits (losses) | 14 | €-518k | €-347k | €-187k | €-102k | €-58k |
| Provisions & deferred taxes | 16 | €72k | €75k | €77k | - | - |
| Amounts payable | 17/49 | €2.38M | €2.92M | €1.62M | €1.48M | €16k |
| Amounts payable after one year | 17 | €2.02M | €1.85M | €1.26M | €1.43M | - |
| Amounts payable within one year | 42/48 | €305k | €1.04M | €349k | €53k | €16k |
| Trade debts payable within one year | 44 | €11k | €34k | €40k | €32k | €1k |
| Income statement | ||||||
| Gross operating margin | 9900 | €68k | €53k | €391k | €14k | €4k |
| Operating result | 9901 | €-72k | €-59k | €304k | €-25k | €2k |
| Financial income | 75 | €0 | €0 | €0 | - | - |
| Financial charges | 65 | €110k | €112k | €79k | €19k | - |
| Result before taxes | 9903 | €-182k | €-171k | €225k | €-44k | €2k |
| Net result for the period | 9904 | €-179k | €-168k | €148k | €-44k | €2k |
| Result to be appropriated | 9905 | €-171k | €-160k | €-84k | €-44k | €2k |
-
DFCFPrivate limited companyDirector· perm. rep.: Guillaume GosseState Gazette act 26353438 (17-08-2026)Current16-07-2026 → present
Former directors (1)
-
Former- → 15-07-2026
2 events
- 15-07-2026 Resigned· Managing director
- 15-07-2026 Resigned· Director
| NACE primary | Renting and operating of own or leased residential real estate, excluding social housing(68201) |
| Legal form | Public limited company(014) |
| Incorporation | 30-12-1996 |
| Status | Active |
| Postal code | 1050 |
Show 1 more network connections
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0305/00Y027 | Brussels | 1.7 ha | 1 · 7,305 m² | 33.4 m · 2 fl. |
17-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment6 facts ▸
- General meeting, 2026-07-15
- Director resignation, NESTIN (administrateur)
- Director resignation, NESTIN (administrateur délégué)
- Director appointment, DFCF (administrateur)
- Permanent representative, Guillaume Gosse
- Director resignation, Guillaume Gosse (représentant permanent)
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
17-08-2026 Act object · General meeting · Officer resignation · Officer appointment
- Act object: DEMISSIONS, NOMINATIONS · LASTLINK
- Publication: 2026-08-17 · LASTLINK
- Filing: 2026-08-13 · LASTLINK
- General meeting: 2026-07-15 · LASTLINK
- Officer resignation: role: administrateur, end_date: 2026-07-15 · NESTIN
- Officer resignation: role: administrateur délégué, end_date: 2026-07-15 · NESTIN
- Officer appointment: role: administrateur, term: 6 ans, start_date: 2026-07-16 · DFCF
- Permanent representative: start_date: 2026-07-16 · Guillaume Gosse
- Officer resignation: role: représentant permanent, end_date: 2026-07-15 · Guillaume Gosse
- Filing representative: administrateur · Guillaume Gosse
Technical details
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}22-12-2023 Registered office moved to Ixelles
- Rue du Mail 50 1050 Ixelles
Technical details
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}| Legal nameFR | LASTLINK |