Debts
€1.5m 98% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €1.5m falls due within a year.
LINDE FOCUS
Lifetime
2 annual accounts with figures on one time axispeak €27,571 (2024)
-€4,644▼ €32,215
lowest -€5,359 (2025)
-€5,359▼ €14,409
peak €29,049 (2024)
€23,690▼ 18.4%
€1.5m▲ 6.0%
Board3 names since 2023
1 directorINDEKEU LUK
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €27,571 to -€4,644Loss of €5,359Appointment: Management & Charter Services Genk-Belgium BV (d… 23-12Equity from €29,049 to €23,690
Key points
from the 2025 annual accountsStarting capital
€20,000 20 shares
Position in the sector
€1.5m
Larger balance sheet than 83% of companies in real estate. Sector median €410,827 · 17,194 companies.
Turnover not published (micro format)
Checked score
91
Excellent
Financially stronger than 25% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 1.0%▲ +0.1 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 0.9%▼ -0.1 percentage points vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025highest value
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.0%▼ -0.1 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.9 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €23,690 (1.6% of total assets)
lowers risk
Size: total assets €1.5m
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.02, cash €362,567
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 21% of them on solvency, 23% on liquidity, 32% on profitability and 22% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 865 companies had the same profile as LINDE FOCUS has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.7%
stopped another way
1.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LINDE FOCUS itself is lower: 0.1% within 12 months. It rests on far more data about LINDE FOCUS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 865 companies, not a prediction for LINDE FOCUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.11 in 2024), below the usual 1.5. Short-term debt is 98.1% and cash 24.2% of total assets. 98.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 17190 sector peers (2025).
NBB · sector comparisonPosition among 17190 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 days early
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802616305
Appointment: Management & Charter Services Genk-Belgium BV (director)
Permanent representative: Danielle Goyens · General meeting of 01/092025 · Gazette deed
Incorporation
Appointment: INDEKEU Luc (director) · Founder: INDEKEU Luc · Founding capital of €20,000, 20 shares · published on 14-06-2023 · Gazette deed
First establishment
Horizonlaan 30, Genk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINDE FOCUS Genk | €1.5m | -€4,644 | 1.6% | - |
| NDL Investments Riemst | €1.2m | -€42,123 | 22.2% | - |
| Hass-Estate Hasselt | €1.9m | -€3,592 | 2.5% | 0 |
| DMazing Properties Leuven | €1.5m | -€30,470 | 21.6% | - |
| DMA Invest Kluisbergen | €1.5m | -€462 | 0.2% | - |
| ASCOT JUPITER CONSTRUCT Maldegem | €1.5m | -€10,726 | 13.1% | 0 |
| Liv and more Zwalm | €1.6m | -€10,330 | -3.3% | - |
These companies have the same main activity as LINDE FOCUS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.2m and €1.9m, founded in 2023.
Official details
Source: KBO- Status
- Active since 12-06-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.345.860.3713600 Genk, since 12-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-03-2026
Annual accounts 2025
- €1.5m▲ 5.5%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on LINDE FOCUS
LINDE FOCUS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,690 and a net result of -€5,359.
Its solvency ranks better than 22% of 17,190 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINDE FOCUS
- What is the company number of LINDE FOCUS?
- The company number of LINDE FOCUS is 0802.616.305. The VAT number is the same number with BE in front: BE 0802.616.305.
- Where is LINDE FOCUS based?
- The registered office is at Horizonlaan 30, 3600 Genk.Company details
- What does LINDE FOCUS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LINDE FOCUS?
- LINDE FOCUS is a private limited company (BV).
- When was LINDE FOCUS founded?
- LINDE FOCUS was founded on 12-06-2023.
- Is LINDE FOCUS still active?
- Yes, LINDE FOCUS is an active enterprise in the KBO register.
- What is the turnover of LINDE FOCUS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LINDE FOCUS profitable?
- In financial year 2025, LINDE FOCUS made a loss of €5,359.
- Where can I find the annual accounts of LINDE FOCUS?
- LINDE FOCUS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LINDE FOCUS due?
- LINDE FOCUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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