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Line Service

Active
Private limited company (pre-2019)founded 201015 yrs active's Gravenstraat 38, 9810 Nazareth, BelgiumKBO/BCE: BE 0832.153.595

Line Service has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €90k and a net result of €44k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 1329 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+28
Solvency68▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.64 against 1.69 in 2023; short-term debt: 49.7% and cash: 3.1% of total assets), but 57% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
43%
Return on assets
21.1%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 141 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline18-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 04-12-2025, 218 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
218 d late
2023
252 d late
2022
608 d late
2021
9 d early
2020
28 d early
2019
36 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€90k▲ 27.2%
2023 · €71k
2018: €17k 2019: €64k 2020: €67k 2021: €77k 2022: €73k 2023: €71k
2018 → 2024
Total assets
€210k▲ 34.5%
2023 · €156k
2018: €146k 2019: €124k 2020: €98k 2021: €172k 2022: €131k 2023: €156k
2018 → 2024
Net result
€44k
2023 · €-2k
2018: €2k 2019: €47k 2020: €3k 2021: €10k 2022: €-4k 2023: €-2k
2018 → 2024
Working capital
€67k▲ 53.9%
2023 · €44k
2018: €-13k 2019: €35k 2020: €45k 2021: €53k 2022: €42k 2023: €44k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€67k-€77k▲ 15.1%€73k▼ 5.6%€71k▼ 2.6%€90k▲ 27.2%
Operating result€8k-€15k▲ 101%€758▼ 95.1%€-3k€51k
Net result€3k-€10k▲ 210%€-4k€-2k▲ 55.5%€44k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €8k€8kNet result 2020: €3k€3kOperating result 2021: €15k€15kNet result 2021: €10k€10kOperating result 2022: €758€758Net result 2022: €-4k€-4kOperating result 2023: €-3k€-3kNet result 2023: €-2k€-2kOperating result 2024: €51k€51kNet result 2024: €44k€44k20202021202220232024
The operating result returns to profit in 2024: €51k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets €38k▼ 22.1%
Current assets €172k▲ 60.5%
Equity and liabilities €210k
Equity €90k▲ 27.2%
Debt €120k▲ 40.6%
The debt ratio rises from 54.5% to 57.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€72k
2023 · €16k
Cash flow
€66k
2023 · €17k
Solvency
43.0%
2023 · 45.5%
Current ratio
1.64
2023 · 1.69
Quick ratio
1.64
2023 · 1.69
Debt / equity
1.32
2023 · 1.20
ROE
49.1%
2023 · -2.7%
ROA
21.1%
2023 · -1.2%
Interest coverage
119.88
2023 · 11.78
Debt
€120k
2023 · €85k
Debt ≤ 1 year
€104k
2023 · €63k
Debt > 1 year
€15k
2023 · €22k
Income taxes
€6k
2023 · €73
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€156k€210k
Fixed assets21/28€49k€38k
Tangible fixed assets22/27€49k€38k
Plant, machinery and equipment23€11k€14k
Furniture and vehicles24€8k€5k
Leasing and similar rights25€30k€19k
Current assets29/58€107k€172k
Amounts receivable within one year40/41€69k€165k
Trade receivables40€25k€75k
Other amounts receivable41€44k€90k
Cash at bank and in hand54/58€34k€7k
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€156k€210k
Equity10/15€71k€90k
Contributions10/11€19k€19k=
Reserves13€59k€72k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€57k€70k
Profit (loss) carried forward14€-6k€106
Amounts payable17/49€85k€120k
Amounts payable after more than one year17€22k€15k
Financial debts170/4€22k€15k
Amounts payable within one year42/48€63k€104k
Current portion of amounts payable after more than one year42€6k€5k
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€43k€60k
Suppliers440/4€43k€60k
Taxes, remuneration and social security45€12k€13k
Taxes450/3€12k€13k
Other amounts payable47/48-€25k
Income statement Code20232024
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k
Other operating charges640/8€2k€3k
Non-recurring operating charges66A-€2k
Gross operating margin9900€19k€77k
Operating profit (loss)9901€-3k€51k
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€1k€602
Recurring financial charges65€1k€602
Profit (loss) for the period before taxes9903€-2k€50k
Income taxes67/77€73€6k
Profit (loss) for the period9904€-2k€44k
Profit (loss) for the period to be appropriated9905€-2k€44k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€38k
Profit (loss) brought forward from the previous period14P€-4k€-6k
Transfer to equity691/2-€13k
To other reserves6921-€13k
Profit to be distributed694/7-€25k
Directors or managers695-€25k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
04-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 218 days late
07-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 252 days late
2024
28-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 608 days late
30-09
Financial Back to profitnet €44k
Net result €44k after 2 loss-making years.
2022
30-09
Financial Weakest financial yearnet €-4k ▼143%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
21-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Highest result since 2018net €47k ▲2434%
Operating result €55k, net result €47k, both a record.
30-09
Financial Liquidity doublescurrent ratio 1.75
Current ratio from 0.87 to 1.75; short-term debt falls from €96k to €47k.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-04
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
10 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, Nazareth · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

's Gravenstraat 389810 Nazareth
Ground area
857 m²
Building footprint
316 m²
Volume, LiDAR
687 m³
Parcel 44048B0229/00Y009, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LINE SERVICE
's Gravenstraat 38, 9810 Nazareth-De PinteRepair, maintenance and installation of machinery and equipment
since 20112.195.122.569
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44048B0229/00Y009 Flanders 857 m² 1 · 316 m² 4.0 m · 1 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.

Similar companies · same sector, comparable size

Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 730 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2010
Fiscal year end30-09
Activities, NACEBEL
42110Construction of roads and motorways
33120Repair and maintenance of machinery
43212Electrical installation work in industrial facilities
47529Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.