The computed 12-month bankruptcy probability of LINA TRAD is 10.3% (high). The 2023 annual accounts show equity of €5,249 and a net result of €23,749. Its solvency ranks better than 27% of 24,062 sector peers (NACE 47, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€75,684total assets 2023
Equity
€5,249
Profit
€23,749
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
10.3%
2023 figures too old to score
Structure
Accounts filed 27 days late0 of 1 deed read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 27 days lateSize: total assets €75,684Figures for financial year 2023 (filed 04-09-2024)No filing in 24 months (latest 04-09-2024)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency32
equity 6.9% of total assets
Liquidity5
short-term debt 93.1% · cash 4.0%
Profitability100
return on assets 31.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
10.3%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,191 companies, NACE 47, micro)
Last 24 months11-2024: 3.2%12-2024: 3.2%● unchanged vs 11-202401-2025: 3.2%● unchanged vs 12-202402-2025: 3.2%● unchanged vs 01-202503-2025: 3.2%● unchanged vs 02-202504-2025: 3.3%▲ +0.1 percentage points vs 03-202505-2025: 3.3%● unchanged vs 04-202506-2025: 3.2%▼ -0.1 percentage points vs 05-202507-2025: 3.1%▼ -0.1 percentage points vs 06-2025lowest value08-2025: 3.6%▲ +0.5 percentage points vs 07-202509-2025: 3.9%▲ +0.3 percentage points vs 08-202510-2025: 5.1%▲ +1.2 percentage points vs 09-202511-2025: 5.3%▲ +0.2 percentage points vs 10-202512-2025: 6.1%▲ +0.8 percentage points vs 11-202501-2026: 8.0%▲ +1.9 percentage points vs 12-202502-2026: 8.0%● unchanged vs 01-202603-2026: 8.2%▲ +0.2 percentage points vs 02-202604-2026: 7.5%▼ -0.7 percentage points vs 03-202605-2026: 7.5%● unchanged vs 04-202606-2026: 7.4%▼ -0.1 percentage points vs 05-202607-2026: 7.4%● unchanged vs 06-202608-2026: 8.8%▲ +1.4 percentage points vs 07-202609-2026: 8.8%● unchanged vs 08-202610-2026: 10.3%▲ +1.5 percentage points vs 09-2026highest value
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-08-2024, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 27 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Key points
Total assets 2023first financial year filed€75,684View