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LindaCare

Active
Grauwmeer 1 ·3001 Leuven, Belgium
Open bankruptcy
BE 0631.837.709
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age11 yrs
Staff (FTE)10.5

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for LindaCare according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-6.05M) and a net result of €-6.11M.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

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Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
09-06-2022
Bankruptcy Opening
Date: 02-06-2022 · Ondernemingsrechtbank Leuven · LINDACARE NV GRAUW- MEER 1/41, 3001 HEVERLEE · Publications in State Gazette ↗

Trust signals

1 signal
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-6.11M+28.6%
Working capital€335k-83.3%
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 01-07-2022 with the NBB · fiscal year 2021 · verkort
€-10.00M€-7.50M€-5.00M€-2.50M€0Operating result 2018: €-1.61M€-1.61MNet result 2018: €-3.78M€-3.78MOperating result 2019: €-2.16M€-2.16MNet result 2019: €-5.91M€-5.91MOperating result 2020: €-2.27M€-2.27MNet result 2020: €-8.55M€-8.55MOperating result 2021: €-2.37M€-2.37MNet result 2021: €-6.11M€-6.11M2018201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -1490.2% 38.6%
better than 5% of 567 sector peers
Net result €-6.11M €23k
better than 5% of 567 sector peers
Equity €-6.05M €162k
better than 5% of 567 sector peers
Gross operating margin €-837k €68k
better than 5% of 564 sector peers
Staff costs €566k €84k
higher than 80% of 135 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-1.49M
+27.1% far below sector median
Net profit
€-6.11M
+28.6% far below sector median
Cash flow
€-5.23M
+37.2% far below sector median
Total assets
€406k
-91.9% +240% vs sector
Equity
€-6.05M
- far below sector median
Working capital
€335k
-83.3% far above sector median
Employees (FTE)
11
+133.3% 18-21
Staff costs
€566k
- far above sector median
Income taxes
€-15k
-58.8% far below sector median
Debt
€6.38M
+28.0% far above sector median
Debt ≤ 1y
€60k
-38.3% +25% vs sector
Debt > 1y
€6.28M
+29.7% far above sector median
Current ratio
6.55
-69.6% far above sector median
Quick ratio
6.55
-69.6% far above sector median
Solvency
-1490.2%
- far below sector median
Debt / equity
-1.05
- far below sector median
ROE
100.9%
- far above sector median
ROA
-1503.9%
-786.4% far below sector median
Interest coverage
-3.85
- far below sector median
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€-1.49M
Net profit€-6.11M
Cash flow€-5.23M
Staff costs€566k
Income taxes€-15k
Dividends-
Total assets€406k
Equity€-6.05M
Debt€6.38M
of which ≤ 1y€60k
of which > 1y€6.28M
Working capital€335k
Employees (FTE)10.5
Ratios (computed)
2021
Current ratio6.55
Quick ratio6.55
Working capital ratio82.5%
Solvency-1490.2%
Debt / equity-1.05
Long-term debt ratio-1.04
Interest coverage-3.85
Gross margin-
Net margin-
ROA-1503.9%
ROE100.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€406k
Fixed assets 21/28€11k
Intangible fixed assets 21€0
Tangible fixed assets 22/27€10k
Financial fixed assets 28€751
Current assets 29/58€395k
Amounts receivable within one year 40/41€169k
Cash & bank 54/58€194k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€406k
Equity 10/15€-6.05M
Contributions / capital 10/11€2.69M
Accumulated profits (losses) 14€-8.75M
Provisions & deferred taxes 16€78k
Amounts payable 17/49€6.38M
Amounts payable after one year 17€6.28M
Amounts payable within one year 42/48€60k
Trade debts payable within one year 44€54k
Income statement
Gross operating margin 9900€-837k
Operating result 9901€-2.37M
Financial income 75€304k
Financial charges 65€388k
Result before taxes 9903€-6.12M
Income taxes 67/77€-15k
Net result for the period 9904€-6.11M
Result to be appropriated 9905€-6.11M
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

indexing
No directors on record yet

Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator JAN DE RIECK
FONTEINSTRAAT 1A, 3000 LEUVEN-
02-06-2022 → present Belgian State Gazette

Legal Structure

NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Public limited company(014)
Incorporation08-06-2015
StatusActive
Postal code3001
First BS signal 09-06-2022
Latest BS signal 09-06-2022

Structure & network

Company structure: linked entities

1 linked entity
LindaCareBE 0631.837.709JAN DE RIECKReceiver
Mandates

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
LindaCare
Grauwmeer 1, 3001 LeuvenVerlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.
since 20152.244.243.270
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,588 m²

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514B0181/00Z000 Flanders 2,588 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
09-06-2022
Bankruptcy Opening
Date: 02-06-2022 · Ondernemingsrechtbank Leuven · LINDACARE NV GRAUW- MEER 1/41, 3001 HEVERLEE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-06-09 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency67Growth32Stability0
40 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 67
Growth 32
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200
Primary activity highlighted.
Names & trade names
Legal nameNL LindaCare
Registered office
Grauwmeer 1 bus 41
3001 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.