LINDETRANS
ActiveSummary
LINDETRANS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.30M and a net result of €143k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1851 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.41 against 3.02 in 2023; short-term debt: 6.1% and cash: 16.7% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.9%
Return on assets
10.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
38 d early
2021
39 d early
2020
52 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.30M▲ 6.6%
2023 · €1.22M
2018: €678k
2019: €752k
2020: €882k
2021: €1.02M
2022: €1.14M
2023: €1.22M
2018 → 2024
Total assets
€1.38M▲ 8.0%
2023 · €1.28M
2018: €1.21M
2019: €1.20M
2020: €1.16M
2021: €1.21M
2022: €1.25M
2023: €1.28M
2018 → 2024
Net result
€143k▲ 72.0%
2023 · €83k
2018: €63k
2019: €74k
2020: €129k
2021: €141k
2022: €113k
2023: €83k
2018 → 2024
Working capital
€203k▲ 60.0%
2023 · €127k
2018: €-327k
2019: €-285k
2020: €-188k
2021: €-58k
2022: €65k
2023: €127k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€882k-€1.02M▲ 16.0%€1.14M▲ 11.0%€1.22M▲ 7.3%€1.30M▲ 6.6%
Operating result€42k-€37k▼ 13.0%€33k▼ 8.6%€40k▲ 19.7%€62k▲ 56.1%
Net result€129k-€141k▲ 9.3%€113k▼ 20.1%€83k▼ 26.4%€143k▲ 72.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.38M
Fixed assets
€1.10M ▲ 0.4%
Current assets
€287k ▲ 51.6%
Equity and liabilities €1.38M
Equity
€1.30M ▲ 6.6%
Debt
€84k ▲ 34.6%
Debt's share of the balance-sheet total rises from 4.9% to 6.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2023 · €50k
Cash flow
€159k▲
2023 · €93k
Current ratio
3.41▲
2023 · 3.02
Debt to equity
0.06▲
2023 · 0.05
ROE
11.0%▲
2023 · 6.8%
ROA
10.3%▲
2023 · 6.5%
Interest coverage
81.65▲
2023 · 43.10
Debt ≤ 1 year
€84k▲
2023 · €63k
Income taxes
€27k▲
2023 · €16k
Staff costs
€61k▲
2023 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.28M€1.38M▲
Fixed assets21/28€1.09M€1.10M▲
Tangible fixed assets22/27€43k€47k▲
Furniture and vehicles24€43k€47k▲
Financial fixed assets28€1.05M€1.05M=
Current assets29/58€190k€287k▲
Amounts receivable within one year40/41€56k€53k▼
Trade receivables40€47k€51k▲
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€129k€231k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.38M▲
Equity10/15€1.22M€1.30M▲
Contributions10/11€15k€15k=
Reserves13€1.20M€1.28M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.20M€1.28M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€63k€84k▲
Amounts payable within one year42/48€63k€84k▲
Current portion of amounts payable after more than one year42€6k€4k▼
Trade debts44€15k€26k▲
Suppliers440/4€15k€26k▲
Taxes, remuneration and social security45€4k€22k▲
Taxes450/3€498€15k▲
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€37k€33k▼
Accrued charges and deferred income492/3-€20
Income statement
Code20232024
Remuneration, social security and pensions62€57k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€11k€13k▲
Gross operating margin9900€118k€152k▲
Operating profit (loss)9901€40k€62k▲
Financial income75/76B€61k€108k▲
Recurring financial income75€61k€108k▲
Financial charges65/66B€1k€958▼
Recurring financial charges65€1k€958▼
Profit (loss) for the period before taxes9903€99k€170k▲
Income taxes67/77€16k€27k▲
Profit (loss) for the period9904€83k€143k▲
Profit (loss) for the period to be appropriated9905€83k€143k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€143k▲
Transfer from equity791/2-€63k
Transfer to equity691/2€83k€143k▲
To other reserves6921€83k€143k▲
Profit to be distributed694/7-€63k
Return on contributions (dividend)694-€63k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €143k ▲72%
Net result €143k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.56
Current ratio from 0.68 to 1.56; short-term debt falls from €182k to €115k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.02M ▲16%
4 profitable years in a row build equity to €1.02M.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2003
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.
Hekkestraat 209308 AalstGround area
2.4 ha
Building footprint
1.2 ha
Parcel 41029B0270/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hekkestraat 20, 9308 Aalst
since 20032.132.797.990
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0270/00T000 | Flanders | 2.4 ha | 1 · 1.2 ha | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,329 EUR awarded · 1,329 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 105 EUR | 105 EUR |
| 2023 | 1 | 1,038 EUR | 1,038 EUR |
| 2022 | 1 | 186 EUR | 186 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,720 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52249Warehousing and support activities for transportation
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.