LINA PROJECT
ActiveThe computed 12-month bankruptcy probability of LINA PROJECT is 8.1% (elevated). The 2025 annual accounts show equity of €34k and a net result of €-5k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-26
Solvency71▼-5
Growth52=
Track record86
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.91 against 0.81 in 2024; short-term debt: 54.5% and cash: 3.8% of total assets), and 54.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.5%
Return on assets
-7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
17 d early
2023
124 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€75k
EBIT margin
-6.1%
Net result
€-5k
2024 · €10k
2023: €14k
2024: €10k
2023 → 2025
Working capital
€-4k▲ 48.0%
2024 · €-7k
2023: €2k
2024: €-7k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€75k
Equity€14k-€38k▲ 178%€34k▼ 11.8%
Operating result€17k-€14k▼ 17.4%€-5k
Net result€14k-€10k▼ 23.6%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €14k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€37k▼ 17.4%
Current assets
€37k▲ 21.9%
Equity and liabilities €74k
Equity
€34k▼ 11.8%
Debt
€40k▲ 8.7%
The debt ratio rises from 49.3% to 54.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €20k
Cash flow
€7k▼
2024 · €16k
Solvency
45.5%▼
2024 · 50.7%
Current ratio
0.91▲
2024 · 0.81
Quick ratio
0.91▲
2024 · 0.81
Debt / equity
1.20▲
2024 · 0.97
ROE
-15.4%▼
2024 · 27.5%
ROA
-7.0%▼
2024 · 13.9%
Interest coverage
16.98▼
2024 · 84.58
Debt
€40k▲
2024 · €37k
Debt ≤ 1 year
€40k▲
2024 · €37k
Income taxes
€252▼
2024 · €3k
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€75k€74k▼
Fixed assets21/28€45k€37k▼
Tangible fixed assets22/27€45k€37k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€43k€34k▼
Current assets29/58€30k€37k▲
Amounts receivable within one year40/41€29k€34k▲
Trade receivables40€8k€18k▲
Other amounts receivable41€21k€16k▼
Cash at bank and in hand54/58€976€3k▲
Equity and liabilities
Total equity and liabilities10/49€75k€74k▼
Equity10/15€38k€34k▼
Contributions10/11€14k€14k=
Profit (loss) carried forward14€24k€20k▼
Amounts payable17/49€37k€40k▲
Amounts payable within one year42/48€37k€40k▲
Trade debts44€10k€20k▲
Suppliers440/4€10k€20k▲
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Other amounts payable47/48€21k€18k▼
Income statement
Code20242025
Turnover70-€75k
Goods, raw materials, services and sundry goods60/61-€67k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€12k▲
Non-recurring operating charges66A-€50
Gross operating margin9900€20k€8k▼
Operating profit (loss)9901€14k€-5k▼
Financial income75/76B€2€55▲
Recurring financial income75€2€55▲
Financial charges65/66B€233€443▲
Recurring financial charges65€233€443▲
Profit (loss) for the period before taxes9903€14k€-5k▼
Income taxes67/77€3k€252▼
Profit (loss) for the period9904€10k€-5k▼
Profit (loss) for the period to be appropriated9905€10k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€20k▼
Profit (loss) brought forward from the previous period14P€14k€25k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-5k ▼150%
Net result drops to €-5k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
14-02
KBO administration
Address struck
Europalaan 89 3600 Die Sitzadresse Europalaan 89 3600 Genk · event 26-08-2024
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Genesius-Rode · 1 establishment unit since 2022
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.
Waterloose Steenweg 2001640 Sint-Genesius-RodeGround area
8,088 m²
Building footprint
1,552 m²
Volume, LiDAR
16,574 m³
2 parcels, Flanders, Wallonia · tallest building 23.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LINA PROJECT
since 20222.338.866.671
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0048/00Z025 | Flanders | 7,308 m² | 1 · 1,453 m² | 23.0 m · 4 fl. |
| 62113B0400/00S003 | Wallonia | 780 m² | 1 · 98 m² | - |
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.
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2022
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info.linaproject@gmail.com
Phone:0471658126