Skip to content

LINCTEX

Active
Private limited companyfounded 20224 yrs activeSint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0784.960.820
Summary

The computed 12-month bankruptcy probability of LINCTEX is 3.1% (moderate). The 2025 annual accounts show negative equity (-€226,412) and a net result of €277,303. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 10552 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability41▲+5
Solvency24▲+2
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.12 in 2024; short-term debt: 101.3% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-1.3%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10552 sector peers (2025).
NBB · sector comparison
Position among 10552 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 4 filings
Deviation from the deadline
2025
40 d late
2024
245 d late
2023
62 d late
2022
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 85 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 21 September (3 of the last 4 filed years within 59 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 April 2022, LINCTEX was incorporated as a Private limited company.1 Total assets went from EUR 15 million in 2022 to EUR 18 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
-€226,412▲ 55.1%
2024 · -€503,716
Total assets
€17.7m▲ 6.8%
2024 · €16.6m
Net result
€277,303
2024 · -€76,467
Working capital
-€15.6m▼ 3.9%
2024 · -€15.0m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€36,000--€71,516▼ 98.7%-€73,855▼ 3.3%-€98,220▼ 33.0%
Net result-€35,992below the sector's middle half--€411,257below the sector's middle half▼ 1,043%-€76,467below the sector's middle half▲ 81.4%€277,303above the sector's middle half
Equity-€15,992below the sector's middle half--€427,249below the sector's middle half▼ 2,572%-€503,716below the sector's middle half▼ 17.9%-€226,412below the sector's middle half▲ 55.1%
Total assets€14.5mabove the sector's middle half-€15.2mabove the sector's middle half▲ 4.2%€16.6mabove the sector's middle half▲ 9.3%€17.7mabove the sector's middle half▲ 6.8%
Debt€14.6m-€15.6m▲ 7.0%€17.1m▲ 9.5%€17.9m▲ 5.0%
Working capital-€14.5mbelow the sector's middle half--€14.9mbelow the sector's middle half▼ 2.8%-€15.0mbelow the sector's middle half▼ 0.5%-€15.6mbelow the sector's middle half▼ 3.9%
Solvency-0.1%below the sector's middle half--2.8%below the sector's middle half▼ 2.7pp-3.0%below the sector's middle half▼ 0.2pp-1.3%below the sector's middle half▲ 1.8pp
Current ratio0.00below the sector's middle half-0.04below the sector's middle half▲ 0.040.12below the sector's middle half▲ 0.080.13below the sector's middle half▲ 0.01
Return on assets (ROA)-0.2%below the sector's middle half--2.7%below the sector's middle half▼ 2.5pp-0.5%below the sector's middle half▲ 2.3pp1.6%within the sector's middle half▲ 2.0pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2022: -€36,000-€36,000Net result 2022: -€35,992-€35,992Operating result 2023: -€71,516-€71,516Net result 2023: -€411,257-€411,257Operating result 2024: -€73,855-€73,855Net result 2024: -€76,467-€76,467Operating result 2025: -€98,220-€98,220Net result 2025: €277,303€277,3032022202320242025-€600,000-€400,000-€200,000€0€200,000Operating result 2023: -€71,516-€71,500Net result 2023: -€411,257-€411,000Operating result 2024: -€73,855-€73,900Net result 2024: -€76,467-€76,500Operating result 2025: -€98,220-€98,200Net result 2025: €277,303€277,000202320242025
The operating result stays negative: a loss of €98,220 in 2025 against €73,855 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.7m
Fixed assets €15.4m ▲ 6.0%
Current assets €2.3m ▲ 12.7%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-79.13▼
2024 · -33.88
Debt ≤ 1 year
€17.9m▲
2024 · €17.1m
Income taxes
€4
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€16.6m€17.7m▲
Fixed assets21/28€14.5m€15.4m▲
Financial fixed assets28€14.5m€15.4m▲
Current assets29/58€2.0m€2.3m▲
Amounts receivable within one year40/41€1.9m€2.3m▲
Trade receivables40€39,421€55,098▲
Other amounts receivable41€1.8m€2.2m▲
Cash at bank and in hand54/58€171,252€47,958▼
Equity and liabilities
Total equity and liabilities10/49€16.6m€17.7m▲
Equity10/15-€503,716-€226,412▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€523,716-€246,412▲
Amounts payable17/49€17.1m€17.9m▲
Amounts payable within one year42/48€17.1m€17.9m▲
Financial debts43-€228
Credit institutions430/8-€228
Trade debts44€51,985€59,683▲
Suppliers440/4€51,985€59,683▲
Other amounts payable47/48€17.0m€17.9m▲
Income statement Code20242025
Other operating charges640/8€265€0▼
Gross operating margin9900-€73,589-€98,220▼
Operating profit (loss)9901-€73,855-€98,220▼
Financial income75/76B€545€378,636▲
Recurring financial income75€545€378,636▲
Financial charges65/66B€3,157€3,109▼
Recurring financial charges65€3,157€3,109▼
Profit (loss) for the period before taxes9903-€76,467€277,307▲
Income taxes67/77-€4
Profit (loss) for the period9904-€76,467€277,303▲
Profit (loss) for the period to be appropriated9905-€76,467€277,303▲
Appropriation of the result
Profit (loss) to be appropriated9906-€523,716-€246,412▲
Profit (loss) brought forward from the previous period14P-€447,249-€523,716▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Other operating charges640/8--€265€0▼ 100%
Gross operating margin9900-€36,000-€71,516-€73,589-€98,220▼ 33.5%
Operating profit (loss)9901-€36,000-€71,516-€73,855-€98,220▼ 33.0%
Financial income75/76B-€38,758€545€378,636▲ 69,422%
Recurring financial income75-€38,758€545€378,636▲ 69,422%
Financial charges65/66B-€8€378,500€3,157€3,109▼ 1.5%
Recurring financial charges65-€8€378,500€3,157€3,109▼ 1.5%
Profit (loss) for the period before taxes9903-€35,992-€411,257-€76,467€277,307▲ 463%
Income taxes67/77---€4-
Profit (loss) for the period9904-€35,992-€411,257-€76,467€277,303▲ 463%
Profit (loss) for the period to be appropriated9905-€35,992-€411,257-€76,467€277,303▲ 463%
Line2022202320242025Change
Assets
Total assets20/58€14.5m€15.2m€16.6m€17.7m▲ 6.8%
Fixed assets21/28€14.5m€14.5m€14.5m€15.4m▲ 6.0%
Financial fixed assets28€14.5m€14.5m€14.5m€15.4m▲ 6.0%
Current assets29/58€21,375€635,735€2.0m€2.3m▲ 12.7%
Amounts receivable within one year40/41€20,000€405,518€1.9m€2.3m▲ 20.4%
Trade receivables40-€67,706€39,421€55,098▲ 39.8%
Other amounts receivable41€20,000€337,812€1.8m€2.2m▲ 20.0%
Cash at bank and in hand54/58€1,375€230,218€171,252€47,958▼ 72.0%
Equity and liabilities
Total equity and liabilities10/49€14.5m€15.2m€16.6m€17.7m▲ 6.8%
Equity10/15-€15,992-€427,249-€503,716-€226,412▲ 55.1%
Contributions10/11€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€35,992-€447,249-€523,716-€246,412▲ 52.9%
Amounts payable17/49€14.6m€15.6m€17.1m€17.9m▲ 5.0%
Amounts payable within one year42/48€14.6m€15.6m€17.1m€17.9m▲ 5.0%
Financial debts43---€228-
Credit institutions430/8---€228-
Trade debts44-€58,913€51,985€59,683▲ 14.8%
Suppliers440/4-€58,913€51,985€59,683▲ 14.8%
Other amounts payable47/48€14.6m€15.5m€17.0m€17.9m▲ 4.9%
Line2022202320242025Change
Profit (loss) for the period9904-€35,992-€411,257-€76,467€277,303▲ 463%
Operating cash flow (approximation)-€35,992-€411,257-€76,467€277,303▲ 463%
Investment in fixed assets (approximation)-€0€0-€866,951-
Change in cash-€228,843-€58,965-€123,295▼ 109%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
02-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 245 days late
2025
31-12
Financial Back to profitnet €277,303
Net result €277,303 after 3 loss-making years.
2024
01-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 62 days late
2023
31-12
Financial Weakest financial yearnet -€411,257
Net result drops to -€411,257, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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-Joost-ten-Node · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,162 m²
Building footprint
2,256 m²
Volume, LiDAR
107,414 m³
Parcel 21014A0112/00K002, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
LINCTEX
Sint-Lazaruslaan 4-10 ET6, 1210 Sint-Joost-ten-NodeComputer programming, consultancy and related activities
since 20222.333.660.147
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0112/00K002 Brussels 3,162 m² 1 · 2,256 m² 79.3 m · 19 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 3 holdings

Owners 1

Holdings 3

  • Dr.-lng. Andreas Seidl,DEsubsidiary
    Equity €0Result €0
    100%+ 0% via subsidiaries
  • HUMAN SOLUTIONS VERWALTUNGS GMBHDEsubsidiary
    Equity €6.4mResult -€1.7m
    100%
  • PINOVA GMBH AND CO. ERSTE BETELIGUNGS KGDEsubsidiary
    Equity €0Result €0
    100%+ 0% via subsidiaries

According to the 2025 annual accounts of LINCTEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,224 companies in sector 47400 we hold annual accounts for 1,808. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62900Other information technology and computer services
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.