LINE-UP DEVELOPMENT
ActiveSummary
LINE-UP DEVELOPMENT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36,650 and a net result of €17,999. Equity is growing by ~60.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,341 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% | 1.0% |
| 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% 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 5,053 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €31,938 | €32,158 | €45,915 | €50,733 | €53,702 | ▲ 5.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €6,537 | €7,813 | €6,537 | ▼ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,761 | €9,460 | €13,867 | €12,295 | €12,580 | ▲ 2.3% |
| Other operating charges640/8 | - | - | €2,592 | €3,658 | €3,578 | ▼ 2.2% |
| Gross operating margin9900 | €24,517 | €27,824 | €39,767 | €42,920 | €47,165 | ▲ 9.9% |
| Operating profit (loss)9901 | €12,301 | €15,894 | €23,308 | €26,967 | €31,007 | ▲ 15.0% |
| Financial charges65/66B | - | - | €8,569 | €7,956 | €6,955 | ▼ 12.6% |
| Recurring financial charges65 | €7,722 | €7,259 | €8,569 | €7,956 | €6,955 | ▼ 12.6% |
| Profit (loss) for the period before taxes9903 | €4,579 | €8,635 | €14,739 | €19,010 | €24,052 | ▲ 26.5% |
| Income taxes67/77 | - | - | - | - | €6,053 | - |
| Profit (loss) for the period9904 | €4,579 | €8,635 | €14,739 | €19,010 | €17,999 | ▼ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €4,579 | €8,635 | €14,739 | €19,010 | €17,999 | ▼ 5.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €164,564 | €155,367 | €307,869 | €301,488 | €290,461 | ▼ 3.7% |
| Fixed assets21/28 | €157,914 | €148,454 | €301,570 | €293,012 | €280,433 | ▼ 4.3% |
| Tangible fixed assets22/27 | €157,914 | €148,454 | €301,570 | €293,012 | €280,433 | ▼ 4.3% |
| Land and buildings22 | - | - | €301,570 | €293,012 | €280,433 | ▼ 4.3% |
| Current assets29/58 | €6,650 | €6,913 | €6,299 | €8,476 | €10,028 | ▲ 18.3% |
| Amounts receivable within one year40/41 | €9 | €9 | €9 | €9 | €9 | = |
| Trade receivables40 | - | - | €9 | €9 | €9 | = |
| Cash at bank and in hand54/58 | €3,598 | €4,070 | €3,249 | €5,373 | €6,487 | ▲ 20.7% |
| Deferred charges and accrued income490/1 | - | - | €3,041 | €3,093 | €3,532 | ▲ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €164,564 | €155,367 | €307,869 | €301,488 | €290,461 | ▼ 3.7% |
| Equity10/15 | -€23,733 | -€15,098 | -€359 | €18,651 | €36,650 | ▲ 96.5% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€42,333 | -€33,698 | -€18,959 | €51 | €18,050 | ▲ 34,977% |
| Amounts payable17/49 | €188,297 | €170,465 | €308,228 | €282,836 | €253,810 | ▼ 10.3% |
| Amounts payable after more than one year17 | €138,284 | €122,146 | €233,797 | €207,266 | €179,721 | ▼ 13.3% |
| Financial debts170/4 | - | - | €233,797 | €207,266 | €179,721 | ▼ 13.3% |
| Amounts payable within one year42/48 | €49,481 | €47,276 | €73,399 | €74,409 | €72,549 | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | €25,559 | €28,509 | €29,596 | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,053 | - |
| Taxes450/3 | - | - | - | - | €1,053 | - |
| Other amounts payable47/48 | - | - | €47,840 | €45,900 | €41,900 | ▼ 8.7% |
| Accrued charges and deferred income492/3 | - | - | €1,032 | €1,161 | €1,540 | ▲ 32.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,579 | €8,635 | €14,739 | €19,010 | €17,999 | ▼ 5.3% |
| + Depreciation and write-downs630 | €9,761 | €9,460 | €13,867 | €12,295 | €12,580 | ▲ 2.3% |
| Operating cash flow (approximation) | €14,340 | €18,095 | €28,606 | €31,306 | €30,579 | ▼ 2.3% |
| Investment in fixed assets (approximation) | - | €0 | -€166,983 | -€3,738 | €0 | ▲ 100% |
| Change in cash | - | €472 | -€821 | €2,124 | €1,113 | ▼ 47.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85033A1521/00N000 | Wallonia | 1,258 m² | 1 · 214 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Company details
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Register as of 1 October 2026 · Peppol Directory
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