LINDERS
ActiveLINDERS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €99k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 10253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.09 in 2024; short-term debt: 5.3% and cash: 7.5% of total assets), and 10.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
8.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
42 d early
2022
34 d early
2021
4 d early
2020
31 d late
2019
15 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.07M▼ 1.6%
2024 · €1.09M
2018: €540k
2019: €622k
2020: €739k
2021: €863k
2022: €958k
2023: €999k
2024: €1.09M
2018 → 2025
Total assets
€1.20M▼ 5.8%
2024 · €1.27M
2018: €1.08M
2019: €1.11M
2020: €1.13M
2021: €1.20M
2022: €1.21M
2023: €1.22M
2024: €1.27M
2018 → 2025
Net result
€99k▼ 15.1%
2024 · €116k
2018: €22k
2019: €81k
2020: €118k
2021: €124k
2022: €95k
2023: €79k
2024: €116k
2018 → 2025
Working capital
€90k▼ 10.5%
2024 · €101k
2018: €-134k
2019: €-110k
2020: €10k
2021: €17k
2022: €93k
2023: €58k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€863k-€958k▲ 11.0%€999k▲ 4.3%€1.09M▲ 8.7%€1.07M▼ 1.6%
Operating result€171k-€148k▼ 13.4%€122k▼ 17.5%€156k▲ 27.1%€146k▼ 6.1%
Net result€124k-€95k▼ 22.9%€79k▼ 17.1%€116k▲ 46.9%€99k▼ 15.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€1.04M▼ 3.1%
Current assets
€154k▼ 20.8%
Equity and liabilities €1.20M
Equity
€1.07M▼ 1.6%
Provisions
€64k▼ 29.6%
Debt
€64k▼ 31.9%
The debt ratio falls from 7.3% to 5.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€188k▼
2024 · €195k
Cash flow
€140k▼
2024 · €156k
Solvency
89.4%▲
2024 · 85.6%
Current ratio
2.43▲
2024 · 2.09
Quick ratio
2.28▲
2024 · 1.99
Debt / equity
0.06▼
2024 · 0.09
ROE
9.2%▼
2024 · 10.7%
ROA
8.2%▼
2024 · 9.1%
Interest coverage
64.45▲
2024 · 42.54
Debt
€64k▼
2024 · €93k
Debt ≤ 1 year
€63k▼
2024 · €93k
Income taxes
€48k▼
2024 · €54k
Staff costs
€131k▼
2024 · €142k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.27M€1.20M▼
Fixed assets21/28€1.08M€1.04M▼
Tangible fixed assets22/27€1.08M€1.04M▼
Land and buildings22€1.07M€1.04M▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24-€884
Current assets29/58€194k€154k▼
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€15k€53k▲
Trade receivables40€105€9k▲
Other amounts receivable41€15k€45k▲
Cash at bank and in hand54/58€167k€90k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.20M▼
Equity10/15€1.09M€1.07M▼
Contributions10/11€20k€20k=
Reserves13€1.07M€1.05M▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€175k€191k▲
Distributable reserves133€887k€854k▼
Provisions and deferred taxes16€90k€64k▼
Deferred taxes168€90k€64k▼
Amounts payable17/49€93k€64k▼
Amounts payable within one year42/48€93k€63k▼
Current portion of amounts payable after more than one year42€29k-
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€57k€54k▼
Taxes450/3€47k€45k▼
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3€147€152▲
Income statement
Code20242025
Remuneration, social security and pensions62€142k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€42k▲
Other operating charges640/8€10k€9k▼
Gross operating margin9900€346k€328k▼
Operating profit (loss)9901€156k€146k▼
Financial income75/76B€15k€5▼
Recurring financial income75€1€5▲
Non-recurring financial income76B€15k-
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€166k€143k▼
Transfer from deferred taxes780€4k€3k▼
Income taxes67/77€54k€48k▼
Profit (loss) for the period9904€116k€99k▼
Transfer from tax-exempt reserves789€8k€9k▲
Profit (loss) for the period to be appropriated9905€124k€107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€107k▼
Transfer from equity791/2€29k€140k▲
Transfer to equity691/2€124k€107k▼
To other reserves6921€124k€107k▼
Profit to be distributed694/7€29k€140k▲
Return on contributions (dividend)694€29k€140k▲
Social balance
Average headcount (FTE)90873.52.7▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
22-05
State Gazette act
Capital & shares · Statutes amendment · Legal-form change · RestructuringGeneral meeting · Demerger · Share issue10 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Legal-form change · Restructuring
General meeting · Demerger · Share issue10 facts ▸
- General meeting, 2026-05-11
- Demerger, 2026-05-11
- Share issue, aandelen op naam, 300
- Accounting effect, 2026-01-01
- Capital decrease, €975.073,46
- Statutes amendment
- Corporate purpose, De vennootschap heeft tot voorwerp het patrimonium gevormd door inbrengsten en grotendeels bestaande uit onroerende goederen te behouden, te beheren en oordeelk…
- Power of attorney, MEERT Liesbeth
- Equity conversion, Omvorming van de statutair onbeschikbare eigen vermogensrekening in een beschikbare eigen vermogensrekening, met ingang van 1 januari 2020
- Split proposal, 2026-03-16
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.09M ▲8.7%
7 profitable years in a row build equity to €1.09M.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €124k ▲4.8%
Operating result €171k, net result €124k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.14
Current ratio from 0.36 to 1.14; short-term debt falls from €171k to €71k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antoine Dansaertstraat 841000 BrusselGround area
58 m²
Building footprint
48 m²
Volume, LiDAR
825 m³
Parcel 21811M0544/00A000, Brussels · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
LINDERS
since 20042.145.119.168
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0544/00A000 | Brussels | 58 m² | 1 · 48 m² | 19.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Acquisitions and mergers
1 transactionContributed a business line to:MEERT & MEERT
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Of 51 companies in sector 14230 we hold annual accounts for 32. 23 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2004
Fiscal year end31-12
Activities, NACEBEL
14230Manufacture of wearing apparel
47712Retail trade
47711Retail sale of women's outerwear
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.