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LINARIA

Active
Private limited companyfounded 1975active for 51 yearsKrekelstraat 17, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0415.149.805
Summary

LINARIA has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €512,476. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 72% of 2,066 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
LINARIA

deed of 08-05-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Ontslag bestuurder” (deed in Dutch)
1 more provision on this in the deed

deed of 08-05-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)

deed of 08-05-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Saturday of December at 10:00

deed of 08-05-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormvereisten aanwezigheidsquorum en meerderheid Wetboek van vennootschappen en verenigingen, artikel 2:93” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Alle handelingen nodig of dienstig voor vereffening conform artikel 2:87 en volgende, tenzij akte van benoeming of rechterlijke uitspraak…” (deed in Dutch)

deed of 08-05-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur, alleen of gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
Other provision: “Bestemming winst-reserves, bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Nog in natura voorhanden goederen opzelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
4 more provisions in the deed, see the deed of 08-05-2023

deed of 08-05-2023