LIJN
ActiveSummary
LIJN has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €510,162 and a net result of €33,009. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 11.43 against 11.3 in 2023; short-term debt: 5.2% and cash: 36.7% of total assets), and 5.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
94.8%
Return on assets
6.1%
Age of the figures
21 mo
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
57 d early
2022
53 d early
2021
7 d early
2020
50 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€510,162▲ 1.0%
2023 · €505,107
Total assets
€537,865▲ 0.9%
2023 · €532,980
Net result
€33,009▼ 33.4%
2023 · €49,600
Working capital
€288,849▲ 0.6%
2023 · €287,030
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Operating result€65,796▲ 7.9%€100,696▲ 53.0%€73,505▼ 27.0%€67,537▼ 8.1%€41,251▼ 38.9%
Net result€47,672above the sector's middle half▲ 14.0%€71,334above the sector's middle half▲ 49.6%€53,769above the sector's middle half▼ 24.6%€49,600above the sector's middle half▼ 7.8%€33,009above the sector's middle half▼ 33.4%
Equity€330,404above the sector's middle half▲ 16.9%€401,738above the sector's middle half▲ 21.6%€455,507above the sector's middle half▲ 13.4%€505,107above the sector's middle half▲ 10.9%€510,162above the sector's middle half▲ 1.0%
Total assets€376,229above the sector's middle half▲ 17.4%€458,970above the sector's middle half▲ 22.0%€517,474above the sector's middle half▲ 12.7%€532,980above the sector's middle half▲ 3.0%€537,865above the sector's middle half▲ 0.9%
Debt€45,825▲ 21.2%€57,232▲ 24.9%€61,967▲ 8.3%€27,873▼ 55.0%€27,703▼ 0.6%
Working capital€84,604▲ 179%€166,032▲ 96.2%€226,874▲ 36.6%€287,030▲ 26.5%€288,849▲ 0.6%
Solvency87.8%above the sector's middle half▼ 0.4pp87.5%above the sector's middle half▼ 0.3pp88.0%above the sector's middle half▲ 0.5pp94.8%above the sector's middle half▲ 6.7pp94.8%above the sector's middle half▲ 0.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 39% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €537,865
Fixed assets
€221,313 ▲ 1.5%
Current assets
€316,552 ▲ 0.5%
Equity and liabilities €537,865
Equity
€510,162 ▲ 1.0%
Debt
€27,703 ▼ 0.6%
Debt's share of the balance-sheet total falls from 5.2% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,676▼
2023 · €78,972
Cash flow
€45,434▼
2023 · €61,035
Current ratio
11.43▲
2023 · 11.30
Quick ratio
11.29▲
2023 · 11.16
Debt to equity
0.05▼
2023 · 0.06
ROE
6.5%▼
2023 · 9.8%
ROA
6.1%▼
2023 · 9.3%
Interest coverage
511.20▲
2023 · 304.91
Debt ≤ 1 year
€27,703▼
2023 · €27,873
Income taxes
€14,300▼
2023 · €22,410
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 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 bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 20,082 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €140 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,138 | €11,039 | €11,620 | €11,435 | €12,425 | ▲ 8.7% |
| Other operating charges640/8 | - | €1,671 | €1,736 | €1,879 | €1,942 | ▲ 3.4% |
| Gross operating margin9900 | €81,946 | €113,546 | €86,861 | €80,851 | €55,618 | ▼ 31.2% |
| Operating profit (loss)9901 | €65,796 | €100,696 | €73,505 | €67,537 | €41,251 | ▼ 38.9% |
| Financial income75/76B | - | €2,529 | €4,450 | €4,732 | €6,163 | ▲ 30.2% |
| Recurring financial income75 | €2,388 | €2,529 | €4,450 | €4,732 | €6,163 | ▲ 30.2% |
| Financial charges65/66B | - | €374 | €386 | €259 | €105 | ▼ 59.5% |
| Recurring financial charges65 | €637 | €374 | €386 | €259 | €105 | ▼ 59.5% |
| Profit (loss) for the period before taxes9903 | €67,547 | €102,851 | €77,569 | €72,010 | €47,309 | ▼ 34.3% |
| Income taxes67/77 | €19,875 | €31,517 | €23,800 | €22,410 | €14,300 | ▼ 36.2% |
| Profit (loss) for the period9904 | €47,672 | €71,334 | €53,769 | €49,600 | €33,009 | ▼ 33.4% |
| Profit (loss) for the period to be appropriated9905 | €47,672 | €71,334 | €53,769 | €49,600 | €33,009 | ▼ 33.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €376,229 | €458,970 | €517,474 | €532,980 | €537,865 | ▲ 0.9% |
| Fixed assets21/28 | €245,800 | €235,706 | €228,633 | €218,077 | €221,313 | ▲ 1.5% |
| Tangible fixed assets22/27 | €245,710 | €235,616 | €228,543 | €217,987 | €221,223 | ▲ 1.5% |
| Land and buildings22 | - | €228,211 | €222,291 | €213,247 | €204,203 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €3,083 | €1,474 | €1,090 | €510 | ▼ 53.2% |
| Furniture and vehicles24 | - | €4,322 | €4,778 | €3,650 | €16,510 | ▲ 352% |
| Financial fixed assets28 | €90 | €90 | €90 | €90 | €90 | = |
| Current assets29/58 | €130,429 | €223,264 | €288,841 | €314,903 | €316,552 | ▲ 0.5% |
| Stocks and contracts in progress3 | €3,834 | €3,834 | €3,834 | €3,834 | €3,834 | = |
| Stocks30/36 | - | €3,834 | €3,834 | €3,834 | €3,834 | = |
| Amounts receivable within one year40/41 | €49,162 | €74,238 | €88,145 | €116,139 | €114,997 | ▼ 1.0% |
| Trade receivables40 | - | €22,050 | €10,920 | €14,031 | €12,079 | ▼ 13.9% |
| Other amounts receivable41 | - | €52,188 | €77,225 | €102,108 | €102,918 | ▲ 0.8% |
| Cash at bank and in hand54/58 | €76,905 | €145,016 | €196,676 | €194,737 | €197,524 | ▲ 1.4% |
| Deferred charges and accrued income490/1 | - | €176 | €186 | €193 | €197 | ▲ 2.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €376,229 | €458,970 | €517,474 | €532,980 | €537,865 | ▲ 0.9% |
| Equity10/15 | €330,404 | €401,738 | €455,507 | €505,107 | €510,162 | ▲ 1.0% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €311,654 | €382,988 | €436,757 | €486,357 | €491,412 | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Reserves not available under the articles1311 | - | €1,875 | €1,875 | €1,875 | €1,875 | = |
| Distributable reserves133 | - | €381,113 | €434,882 | €484,482 | €489,537 | ▲ 1.0% |
| Amounts payable17/49 | €45,825 | €57,232 | €61,967 | €27,873 | €27,703 | ▼ 0.6% |
| Amounts payable within one year42/48 | €45,825 | €57,232 | €61,967 | €27,873 | €27,703 | ▼ 0.6% |
| Trade debts44 | €7,119 | €4,861 | €6,687 | €5,024 | €3,898 | ▼ 22.4% |
| Suppliers440/4 | - | €4,861 | €6,687 | €5,024 | €3,898 | ▼ 22.4% |
| Taxes, remuneration and social security45 | - | €52,371 | €55,280 | €22,849 | €23,805 | ▲ 4.2% |
| Taxes450/3 | - | €52,371 | €55,280 | €22,849 | €23,805 | ▲ 4.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,672 | €71,334 | €53,769 | €49,600 | €33,009 | ▼ 33.4% |
| + Depreciation and write-downs630 | €10,138 | €11,039 | €11,620 | €11,435 | €12,425 | ▲ 8.7% |
| Operating cash flow (approximation) | €57,810 | €82,373 | €65,389 | €61,035 | €45,434 | ▼ 25.6% |
| Investment in fixed assets (approximation) | - | -€945 | -€4,547 | -€879 | -€15,661 | ▼ 1,682% |
| Change in cash | - | €68,111 | €51,660 | -€1,939 | €2,787 | ▲ 244% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €33,009 ▼33.4%
Net result drops to €33,009, the lowest in the series.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 11.30
Current ratio from 4.66 to 11.30; short-term debt falls from €61,967 to €27,873.
31-12
Financial
Equity above €500,000Eq €505,107 ▲10.9%
6 profitable years in a row build equity to €505,107.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Bonheiden · 1 establishment unit since 1982
Ground area
1,166 m²
Building footprint
546 m²
Volume, LiDAR
4,918 m³
2 parcels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LYN
since 19822.020.147.140
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12005B0346/00W000 | Flanders | 715 m² | 1 · 468 m² | 14.1 m · 3 fl. |
| 12005D0132/00V002 | Flanders | 450 m² | 1 · 78 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Od-Lo
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Of 2,606 companies in sector 47551 we hold annual accounts for 1,718. 1,216 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 (pre-2019)
Founded12-01-1982
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
46900Non-specialised wholesale trade
71112Activities of interior architects
77210Renting and leasing of sports and recreation goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422324241
Also
9925:BE0422324241
Registered
21-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.