LINCTEX
The computed 12-month bankruptcy probability of LINCTEX is 4.4% (elevated). The 2024 annual accounts show negative equity (€-504k) and a net result of €-76k. Equity is shrinking by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 147 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-504k |
| Net result | €-76k |
| Better than sector | 22% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3.0% | 9.5% | |
| Net result | €-76k | €6k | |
| Equity | €-504k | €45k | |
| Gross operating margin | €-74k | €171k | |
| Total assets | €16.56M | €570k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | — |
| Net profit | €-76k |
| Cash flow | — |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €16.56M |
| Equity | €-504k |
| Debt | €17.07M |
| of which ≤ 1y | €17.07M |
| of which > 1y | — |
| Working capital | €-15.02M |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.12 |
| Quick ratio | 0.12 |
| Working capital ratio | -90.7% |
| Solvency | -3.0% |
| Debt / equity | -33.88 |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -0.5% |
| ROE | 15.2% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €16.56M |
| Fixed assets | 21/28 | €14.52M |
| Financial fixed assets | 28 | €14.52M |
| Current assets | 29/58 | €2.04M |
| Amounts receivable within one year | 40/41 | €1.87M |
| Cash & bank | 54/58 | €171k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16.56M |
| Equity | 10/15 | €-504k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-524k |
| Amounts payable | 17/49 | €17.07M |
| Amounts payable within one year | 42/48 | €17.07M |
| Trade debts payable within one year | 44 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €-74k |
| Operating result | 9901 | €-74k |
| Financial income | 75 | €545 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-76k |
| Net result for the period | 9904 | €-76k |
| Result to be appropriated | 9905 | €-76k |
| NACE primary | Retail trade(47400) |
| Legal form | Private limited company(610) |
| Incorporation | 20-04-2022 |
| Status | Active |
| Postal code | 1210 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-03-2026 Articles of association amended — translation of the articles and coordination of the articles
Technical details
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}07-03-2025 Registered office moved within Brussel
- Havenlaan 86C bus 204, 1000 Brussel, België → Botanic Tower - 6de verdieping, Boulevard Saint-Lazare, 4-10, 1210 Brussel
Technical details
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"filing_date": "2025-02-10",
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"co_filed_documents": [
"Uittreksel uit de geschreven besluiten van de raad van bestuur d.d. 10 februari 2025"
]
}07-03-2025 Registered office moved within Brussel
- Havenlaan 86C, 1000 Brussel → Boulevard Saint-Lazare 4-10, 1210 Brussel
Technical details
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"subject_company": {
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}23-05-2023 Registered office moved from Elsene to Brussel
- Louizalaan 65, Bus 11, 1050 Elsene, Belgie → Havenlaan 86c, bus 204, 1000 Brussel, België
Technical details
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"co_filed_documents": [
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]
}23-05-2023 Registered office moved from Elsene to Brussel
- Louizalaan 65, 1050 Elsene → Havenlaan 86c, 1000 Brussel
Technical details
{
"events": [
{
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},
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"postcode": "1050",
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},
"effective_date": "2023-07-01",
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}22-04-2022 Incorporation of a new BV
Technical details
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"founders": [
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"contribution_type": "cash",
"amount_paid_in_eur": 0.0,
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"n_shares_subscribed": 100,
"amount_subscribed_eur": 20000.0,
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],
"capital_eur": 20000.0,
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"initial_directors": [],
"incorporation_date": "2022-04-19",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | LINCTEX |