LIJN-APPLICATIONS
ActiveLIJN-APPLICATIONS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €247k and a net result of €82k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 65% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+17
Solvency83▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.18 in 2023; short-term debt: 17.2% and cash: 14.1% of total assets), and 41.7% 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
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
47 d early
2022
42 d early
2021
40 d early
2020
54 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€247k▲ 49.4%
2023 · €165k
2018: €123k
2019: €130k
2020: €124k
2021: €129k
2022: €142k
2023: €165k
2018 → 2024
Total assets
€424k▲ 2.1%
2023 · €415k
2018: €307k
2019: €348k
2020: €281k
2021: €303k
2022: €339k
2023: €415k
2018 → 2024
Net result
€82k▲ 245%
2023 · €24k
2018: €3k
2019: €7k
2020: €-6k
2021: €5k
2022: €13k
2023: €24k
2018 → 2024
Working capital
€70k▲ 208%
2023 · €23k
2018: €28k
2019: €36k
2020: €31k
2021: €23k
2022: €25k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€124k-€129k▲ 3.9%€142k▲ 10.1%€165k▲ 16.7%€247k▲ 49.4%
Operating result€3k-€7k▲ 185%€19k▲ 160%€38k▲ 96.4%€123k▲ 228%
Net result€-6k-€5k€13k▲ 170%€24k▲ 82.1%€82k▲ 245%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 228% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €424k
Fixed assets
€281k▲ 5.5%
Current assets
€143k▼ 4.0%
Equity and liabilities €424k
Equity
€247k▲ 49.4%
Debt
€176k▼ 29.3%
The debt ratio falls from 60.1% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155k▲
2023 · €58k
Cash flow
€113k▲
2023 · €44k
Solvency
58.3%▲
2023 · 39.9%
Current ratio
1.95▲
2023 · 1.18
Quick ratio
1.74▲
2023 · 0.96
Debt / equity
0.71▼
2023 · 1.51
ROE
33.1%▲
2023 · 14.3%
ROA
19.3%▲
2023 · 5.7%
Interest coverage
29.94▲
2023 · 16.50
Debt
€176k▼
2023 · €250k
Debt ≤ 1 year
€73k▼
2023 · €126k
Debt > 1 year
€103k▼
2023 · €124k
Income taxes
€38k▲
2023 · €10k
Staff costs
€106k▲
2023 · €105k
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€415k€424k▲
Fixed assets21/28€266k€281k▲
Tangible fixed assets22/27€266k€280k▲
Land and buildings22€187k€191k▲
Plant, machinery and equipment23€22k€45k▲
Furniture and vehicles24€56k€45k▼
Financial fixed assets28€620€620=
Current assets29/58€148k€143k▼
Stocks and contracts in progress3€27k€15k▼
Stocks30/36€27k€15k▼
Amounts receivable within one year40/41€109k€57k▼
Trade receivables40€88k€52k▼
Other amounts receivable41€22k€5k▼
Cash at bank and in hand54/58€5k€60k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€415k€424k▲
Equity10/15€165k€247k▲
Contributions10/11€110k€110k=
Reserves13€55k€137k▲
Distributable reserves133€55k€137k▲
Amounts payable17/49€250k€176k▼
Amounts payable after more than one year17€124k€103k▼
Financial debts170/4€124k€103k▼
Amounts payable within one year42/48€126k€73k▼
Current portion of amounts payable after more than one year42€23k€20k▼
Trade debts44€82k€23k▼
Suppliers440/4€82k€23k▼
Taxes, remuneration and social security45€21k€30k▲
Taxes450/3€6k€13k▲
Remuneration and social security454/9€16k€17k▲
Accrued charges and deferred income492/3€34-
Income statement
Code20232024
Non-recurring operating income76A€250€420▲
Remuneration, social security and pensions62€105k€106k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€31k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€3k▲
Other operating charges640/8€7k€3k▼
Gross operating margin9900€172k€267k▲
Operating profit (loss)9901€38k€123k▲
Financial income75/76B€27€1k▲
Recurring financial income75€27€1k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€34k€119k▲
Income taxes67/77€10k€38k▲
Profit (loss) for the period9904€24k€82k▲
Profit (loss) for the period to be appropriated9905€24k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€82k▲
Transfer to equity691/2€24k€82k▲
To other reserves6921€24k€82k▲
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €82k ▲245%
Operating result €123k, net result €82k, both a record.
31-12
Financial
Equity above €200kEq €247k ▲49.4%
4 profitable years in a row build equity to €247k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €165k ▲16.7%
3 profitable years in a row build equity to €165k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-6k ▼186%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
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.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1992
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.
Toekomststraat 34A8790 WaregemGround area
756 m²
Building footprint
53 m²
Volume, LiDAR
414 m³
2 parcels, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LIJN-APPLICATIONS
since 19922.057.520.151
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0468/00S012 | Flanders | 651 m² | - | - |
| 34040C0468/00G005 | Flanders | 105 m² | 1 · 53 m² | 9.1 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 846 EUR awarded · 926 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 287 EUR | 287 EUR |
| 2024 | 1 | 129 EUR | 129 EUR |
| 2023 | 1 | 0 EUR | 80 EUR |
| 2022 | 1 | 430 EUR | 430 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
K-CONNEXION
BE 0422.507.452
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LIMAR CONCEPT
BE 0662.387.165
Sint-Pieters-Woluwe · Eq €250k
PERSOONS TRADING INTERNATIONAL
BE 0808.705.529
Halen · Eq €250k
S en U
BE 0833.351.942
Zaventem · Eq €251k
COMPTOIR DE MATERIEL ELECTRIQUE
BE 0428.716.640
Liège · Eq €254k
Of 977 companies in sector 46431 we hold annual accounts for 705. 542 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-1992
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46431Wholesale of electrical household appliances and audio-video equipment
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@lijn-applications.be
Phone:056/60.75.09.
Fax:056/61.43.12.