LINDEN API
ActiveSummary
LINDEN API has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,377 and a net result of €5,377. Its solvency ranks better than 84% of 13,660 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €10,377
- Profit
- €5,377
- Parent
- VNF HOLDING · 100%
- FREMONT MarcDirector
- VAEREMANS Maxime Laurent Luc Felix FransDirector
Why 73raises riskFounded in 2024Size: total assets €12,520No registered site in the KBOlowers riskLiquidity: current ratio 5.44, cash €9,948Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 93% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: VAEREMANS Maxime Laurent Luc…
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485011.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €498 |
| Other operating charges640/8 | €787 |
| Gross operating margin9900 | €8,810 |
| Operating profit (loss)9901 | €7,525 |
| Financial charges65/66B | €356 |
| Recurring financial charges65 | €356 |
| Profit (loss) for the period before taxes9903 | €7,169 |
| Income taxes67/77 | €1,792 |
| Profit (loss) for the period9904 | €5,377 |
| Profit (loss) for the period to be appropriated9905 | €5,377 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €12,520 | |
| Fixed assets21/28 | €865 | |
| Tangible fixed assets22/27 | €865 | |
| Furniture and vehicles24 | €865 | |
| Current assets29/58 | €11,655 | |
| Amounts receivable within one year40/41 | €1,707 | |
| Other amounts receivable41 | €1,707 | |
| Cash at bank and in hand54/58 | €9,948 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €12,520 | |
| Equity10/15 | €10,377 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €5,377 | |
| Amounts payable17/49 | €2,143 | |
| Amounts payable within one year42/48 | €2,143 | |
| Trade debts44 | €296 | |
| Suppliers440/4 | €296 | |
| Taxes, remuneration and social security45 | €1,847 | |
| Taxes450/3 | €1,847 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €5,377 |
| + Depreciation and write-downs630 | €498 |
| Operating cash flow (approximation) | €5,875 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00485011 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FREMONT Marc |
|
| VAEREMANS Maxime Laurent Luc Felix Frans |
|
Owners and capital
Owners
1 ownerChain of control
- VNF HOLDING
- LINDEN API
Highest known parent: VNF HOLDING. The sources do not say who stands above it.
Owners 1
- VNF HOLDINGparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- VNF HOLDING (BE 0734.663.746) 100 shares (100%) · €5,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-09-2024 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-09
Gazette deed
IncorporationAppointments: VAEREMANS Maxime Laurent Luc Felix Frans (director) and FREMONT Marc (director) · Founder · Founding capital15 facts ▸
- Founder, VNF HOLDING (fondateur et souscripteur)
- Incorporation, 05-09-2024
- Founding capital, €5,000
- Other provision, “plan financier et responsabilité des fondateurs, responsabilité des fondateurs en cas de faillite dans les trois ans si capitaux propres manifestement insuffisa…” (deed in French)
- Other provision, “avertissements du notaire instrumentant” (deed in French)
- Other provision, “connaissances reconnues, article 2:3 du Code des sociétés et des associations” (deed in French)
- Other provision, “nomination des premiers administrateurs,commissaires et délégués à la gestion journalière contrairement aux statuts, décisions différées de nomination” (deed in French)
- Other provision, “papier et signature manuscrite, mode de signature” (deed in French)
- Other provision, “anti-blanchiment et registre UBO, compléter le registre des bénéficiaires effectifs sur site SPF Finances” (deed in French)
- Other provision, “arrêt des statuts” (deed in French)
- Other provision, “effectivité dispositions finales, dépôt greffe expédition acte constitutif conformément loi” (deed in French)
- Registered office clause, “1050 Ixelles, avenue du Pesage 61/25” (deed in French)
- +3 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21446D0182/00C006 | Brussels | 1,078 m² | 1 · 743 m² | 20.9 m · 6 |
How the parcels are linked
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.
- LINDEN API
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française par simple…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, un ou plusieurs administrateurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “À dater inscription au registre vis-à-vis société et tiers, nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Au moins quinze jours à dater ouverture, numéraire avec émission actions nouvelles” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution en tout temps par assemblée formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Peut désigner liquidateurs déterminer pouvoirs émoluments, dissolution-clôture en un seul acte possible” (deed in French)