LINE CORNER
ActiveSummary
LINE CORNER has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,312 and a net result of €50,450. Equity grew by about 51% per year on average since 2022. In 2025 it fell by 1.9%. Its solvency ranks better than 53% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-03-2022 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.330.879.712 5522 Onhaye, since 03-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- LEONARD CédricDirector · since 22-02-2022
- LÉONARD Cédric Louis Gérald Serge6,000 sharesdeed of 07-03-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €72,121
- ▼ 38.6%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €50,450
- ▼ 39.0%
- Equity
- €241,312
- ▼ 1.9%
- Total assets
- €412,894
- ▲ 41.9%
Score breakdownlowers riskLiquidity: current ratio 2.38, cash €373,821Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €412,894Equity €241,312 (58.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 53% of them on solvency, 72% on liquidity, 52% on profitability and 36% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 24 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 4 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 40% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,652 | - | €1,643 |
| Intangible fixed assets | - | €8,000 | - | - |
| Financial fixed assets | - | - | €1,091 | - |
| Depreciation and write-downs of the year | €1,053 | €2,109 | €3,217 | €3,515 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,053 | €2,109 | €3,217 | €3,515 | ▲ 9.2% |
| Other operating charges640/8 | €107 | €1,973 | €89 | €481 | ▲ 443% |
| Gross operating margin9900 | €89,336 | €132,676 | €117,443 | €72,121 | ▼ 38.6% |
| Operating profit (loss)9901 | €88,176 | €128,594 | €114,137 | €68,126 | ▼ 40.3% |
| Financial income75/76B | €4 | €304 | €3,099 | €2,769 | ▼ 10.6% |
| Recurring financial income75 | €4 | €304 | €3,099 | €2,769 | ▼ 10.6% |
| Financial charges65/66B | €279 | €498 | €1,946 | €712 | ▼ 63.4% |
| Recurring financial charges65 | €279 | €498 | €1,946 | €712 | ▼ 63.4% |
| Profit (loss) for the period before taxes9903 | €87,901 | €128,400 | €115,290 | €70,184 | ▼ 39.1% |
| Income taxes67/77 | €24,396 | €34,806 | €32,528 | €19,733 | ▼ 39.3% |
| Profit (loss) for the period9904 | €63,505 | €93,594 | €82,762 | €50,450 | ▼ 39.0% |
| Profit (loss) for the period to be appropriated9905 | €63,505 | €93,594 | €82,762 | €50,450 | ▼ 39.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €83,654 | €182,060 | €290,909 | €412,894 | ▲ 41.9% |
| Formation expenses20 | €218 | - | - | - | - |
| Fixed assets21/28 | - | €7,960 | €5,834 | €3,962 | ▼ 32.1% |
| Intangible fixed assets21 | - | €6,830 | €4,164 | €1,497 | ▼ 64.0% |
| Tangible fixed assets22/27 | - | €1,130 | €579 | €1,374 | ▲ 137% |
| Furniture and vehicles24 | - | €1,130 | €579 | €1,374 | ▲ 137% |
| Financial fixed assets28 | - | - | €1,091 | €1,091 | = |
| Current assets29/58 | €83,436 | €174,100 | €285,075 | €408,933 | ▲ 43.4% |
| Amounts receivable within one year40/41 | €35,816 | €24,502 | €61,362 | €34,318 | ▼ 44.1% |
| Trade receivables40 | €34,439 | €24,308 | €52,706 | €3,221 | ▼ 93.9% |
| Other amounts receivable41 | €1,377 | €194 | €8,656 | €31,097 | ▲ 259% |
| Cash at bank and in hand54/58 | €47,347 | €149,004 | €223,066 | €373,821 | ▲ 67.6% |
| Deferred charges and accrued income490/1 | €274 | €594 | €647 | €793 | ▲ 22.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €83,654 | €182,060 | €290,909 | €412,894 | ▲ 41.9% |
| Equity10/15 | €69,505 | €163,099 | €245,861 | €241,312 | ▼ 1.9% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €55,000 | €125,000 | €200,000 | €192,500 | ▼ 3.8% |
| Distributable reserves133 | €55,000 | €125,000 | €200,000 | €192,500 | ▼ 3.8% |
| Profit (loss) carried forward14 | €8,505 | €32,099 | €39,861 | €42,812 | ▲ 7.4% |
| Amounts payable17/49 | €14,149 | €18,961 | €45,048 | €171,583 | ▲ 281% |
| Amounts payable within one year42/48 | €14,149 | €18,961 | €45,048 | €171,561 | ▲ 281% |
| Trade debts44 | €870 | €1,623 | €2,735 | €56,152 | ▲ 21× |
| Suppliers440/4 | €870 | €1,623 | €2,735 | €56,152 | ▲ 21× |
| Taxes, remuneration and social security45 | €13,279 | €2,446 | €16,356 | €18,200 | ▲ 11.3% |
| Taxes450/3 | €13,279 | €2,446 | €16,356 | €18,200 | ▲ 11.3% |
| Other amounts payable47/48 | - | €14,892 | €25,957 | €97,208 | ▲ 275% |
| Accrued charges and deferred income492/3 | - | - | - | €22 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,505 | €93,594 | €82,762 | €50,450 | ▼ 39.0% |
| + Depreciation and write-downs630 | €1,053 | €2,109 | €3,217 | €3,515 | ▲ 9.2% |
| Operating cash flow (approximation) | €64,558 | €95,703 | €85,980 | €53,965 | ▼ 37.2% |
| Investment in fixed assets (approximation) | - | - | -€1,091 | -€1,643 | ▼ 50.7% |
| Change in cash | - | €101,657 | €74,062 | €150,755 | ▲ 104% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as LINE CORNER has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LINE CORNER itself is lower: < 0.1% within 12 months. It rests on far more data about LINE CORNER than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for LINE CORNER. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- LÉONARD Cédric Louis Gérald Serge 6,000 shares (100%) · €6,000 in cash
Capital transactions
- 07-03-2022 Incorporation · €6,000 · 6,000 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Organe d’administration, assemblée qui nomme”“Frais généraux indépendamment des frais de représentation,voyages et déplacements, assemblée générale décide gratuité ou non”
Articles of association, deed of 07-03-2022 (in French)
Network & group
LINE CORNER shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of LINE CORNER. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
07-03
Gazette deed
IncorporationFounding capital of €6,000, 6,000 shares · Founder: LÉONARD Cédric Louis Gérald Serge (comparant) · LÉONARD Cédric Louis Gérald Serge holds all the shares5 points ▸
- Founder, LÉONARD Cédric Louis Gérald Serge (comparant)
- Incorporation, 02-03-2022
- Founding capital, €6,000, 6,000 shares
- LÉONARD Cédric Louis Gérald Serge holds all the shares
- 6,000 shares
- The deed holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- Le conseil en organisation,gestion et développement d’entreprises,le conseil et la prestation de services en matière financière,administrative,comptable,commerciale,stratégique,opérationnelle,ou de gestion des ressources humaines,sans que cette énumération soit limitative
- L’exécution de tous mandats d’administrateurs et en général tous mandats et fonctions se rapportant directement ou indirectement à son objet
- La gestion et l’administration au sens large de toute société ou entreprise belge ou étrangère,ainsi que l’exercice de mandats ou fonctions dans ces sociétés ou entreprises
- Le développement,l’achat,la vente,la prise de licences ou l’octroi de licences,de brevets,know how,et d’actifs immobiliers apparentés
- L’achat,la vente,l’importation et l’exportation,le commissionage,le courtage et la représentation de tout bien généralement quelconque
- La recherche,le développement,la production,la promotion ou la commercialisation de nouveaux produits,de nouvelles technologies et leurs applications
- La gestion,l’amélioration et la mise en valeur d’un portefeuille,la prise de participation dans toutes entreprises,la participation à la création d’entreprises,pour son compte propre l’acquisition par souscription ou achat et la gestion d’actions,d’obligations,de bons de caisse et d’autres valeurs mobilières généralement quelconques de sociétés belges ou étrangères,existantes ou à constituer,la gestion,l’amélioration et la mise en valeur d’un patrimoine mobilier ou immobilier,la location ou la location-financement de biens immeubles,y compris toutes opérations qui,directement ou indirectement,sont en relation et qui sont de nature à favoriser le rapport de biens immeubles tels que l’entretien,le développement,l’exploitation,la gestion,l’embellissement et la location
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91042F0115/00N002 | Wallonia | 3,577 m² | 1 · 189 m² | 9.6 m · 3 |