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LINEA

Active
Private limited company (pre-2019)founded 199333 yrs activeDeken Gelaesplein 16, 3770 Riemst, BelgiumKBO/BCE: BE 0450.927.759
Summary

LINEA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€29,701) and a net result of -€3,067. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 5% of 70 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.28 in 2024; short-term debt: 501.9% and cash: 100% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-401.9%
Return on assets
-41.5%
Age of the figures
15 mo
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
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€29,701
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
4 d early
2023
on the day
2022
4 d early
2021
17 d early
2020
5 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 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

History

On 21 September 1993, LINEA was incorporated.1 Total assets went from EUR 3,728 in 2019 to EUR 7,390 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€29,701▼ 11.5%
2024 · -€26,634
Total assets
€7,390▼ 30.1%
2024 · €10,573
Net result
-€3,067▲ 2.1%
2024 · -€3,133
Working capital
-€29,701▼ 11.5%
2024 · -€26,634
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,141▲ 1.5%-€862▲ 59.8%€13,192-€2,887-€3,009▼ 4.2%
Net result-€2,201below the sector's middle half▲ 1.7%-€928below the sector's middle half▲ 57.8%€13,117within the sector's middle half-€3,133within the sector's middle half-€3,067within the sector's middle half▲ 2.1%
Equity-€35,690below the sector's middle half▼ 6.6%-€36,618below the sector's middle half▼ 2.6%-€23,501below the sector's middle half▲ 35.8%-€26,634below the sector's middle half▼ 13.3%-€29,701below the sector's middle half▼ 11.5%
Total assets€879below the sector's middle half▼ 64.6%€451below the sector's middle half▼ 48.7%€13,590below the sector's middle half▲ 2,916%€10,573below the sector's middle half▼ 22.2%€7,390below the sector's middle half▼ 30.1%
Debt€36,568▲ 1.7%€37,068▲ 1.4%€37,091▲ 0.1%€37,207▲ 0.3%€37,091▼ 0.3%
Working capital-€36,217below the sector's middle half▼ 1.8%-€36,881below the sector's middle half▼ 1.8%-€23,501below the sector's middle half▲ 36.3%-€26,634below the sector's middle half▼ 13.3%-€29,701below the sector's middle half▼ 11.5%
Solvency-172.9%below the sector's middle half-251.9%below the sector's middle half▼ 79.0pp-401.9%below the sector's middle half▼ 150.0pp
Current ratio0.37below the sector's middle half0.28below the sector's middle half▼ 0.080.20below the sector's middle half▼ 0.08
Return on assets (ROA)96.5%above the sector's middle half-29.6%below the sector's middle half▼ 126.1pp-41.5%below the sector's middle half▼ 11.9pp
above within below the middle half (P25 to P75) of NACE 24, Manufacture of basic metals, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2021: -€2,141-€2,141Net result 2021: -€2,201-€2,201Operating result 2022: -€862-€862Net result 2022: -€928-€928Operating result 2023: €13,192€13,192Net result 2023: €13,117€13,117Operating result 2024: -€2,887-€2,887Net result 2024: -€3,133-€3,133Operating result 2025: -€3,009-€3,009Net result 2025: -€3,067-€3,06720212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €13,192€13,200Net result 2023: €13,117€13,100Operating result 2024: -€2,887-€2,890Net result 2024: -€3,133-€3,130Operating result 2025: -€3,009-€3,010Net result 2025: -€3,067-€3,070202320242025
The operating result stays negative: a loss of €3,009 in 2025 against €2,887 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.25▲
2024 · -1.40
Debt ≤ 1 year
€37,091▼
2024 · €37,207
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 6,622 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,573€7,390▼
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€10,573€7,390▼
Cash at bank and in hand54/58€10,573€7,390▼
Equity and liabilities
Total equity and liabilities10/49€10,573€7,390▼
Equity10/15-€26,634-€29,701▼
Contributions10/11€28,600€28,600=
Profit (loss) carried forward14-€55,234-€58,301▼
Amounts payable17/49€37,207€37,091▼
Amounts payable within one year42/48€37,207€37,091▼
Trade debts44€116-
Suppliers440/4€116-
Other amounts payable47/48€37,091€37,091=
Income statement Code20242025
Other operating charges640/8€1,540€449▼
Gross operating margin9900-€1,347-€2,560▼
Operating profit (loss)9901-€2,887-€3,009▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€246€59▼
Recurring financial charges65€246€59▼
Profit (loss) for the period before taxes9903-€3,133-€3,067▲
Profit (loss) for the period9904-€3,133-€3,067▲
Profit (loss) for the period to be appropriated9905-€3,133-€3,067▲
Appropriation of the result
Profit (loss) to be appropriated9906-€55,234-€58,301▼
Profit (loss) brought forward from the previous period14P-€52,101-€55,234▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,547€264€264---
Other operating charges640/8-€62€62€1,540€449▼ 70.8%
Gross operating margin9900-€533-€536€13,518-€1,347-€2,560▼ 90.0%
Operating profit (loss)9901-€2,141-€862€13,192-€2,887-€3,009▼ 4.2%
Financial income75/76B----€1-
Recurring financial income75----€1-
Financial charges65/66B-€67€75€246€59▼ 76.2%
Recurring financial charges65€60€67€75€246€59▼ 76.2%
Profit (loss) for the period before taxes9903-€2,201-€928€13,117-€3,133-€3,067▲ 2.1%
Profit (loss) for the period9904-€2,201-€928€13,117-€3,133-€3,067▲ 2.1%
Profit (loss) for the period to be appropriated9905-€2,201-€928€13,117-€3,133-€3,067▲ 2.1%
Line20212022202320242025Change
Assets
Total assets20/58€879€451€13,590€10,573€7,390▼ 30.1%
Fixed assets21/28€527€264€0€0€0-
Tangible fixed assets22/27€527€264€0€0€0-
Plant, machinery and equipment23-€264€0€0€0-
Furniture and vehicles24--€0€0€0-
Current assets29/58€352€187€13,590€10,573€7,390▼ 30.1%
Cash at bank and in hand54/58€352€187€13,590€10,573€7,390▼ 30.1%
Equity and liabilities
Total equity and liabilities10/49€879€451€13,590€10,573€7,390▼ 30.1%
Equity10/15-€35,690-€36,618-€23,501-€26,634-€29,701▼ 11.5%
Contributions10/11-€28,600€28,600€28,600€28,600=
Profit (loss) carried forward14-€64,290-€65,218-€52,101-€55,234-€58,301▼ 5.6%
Amounts payable17/49€36,568€37,068€37,091€37,207€37,091▼ 0.3%
Amounts payable within one year42/48€36,568€37,068€37,091€37,207€37,091▼ 0.3%
Trade debts44---€116--
Suppliers440/4---€116--
Other amounts payable47/48-€37,068€37,091€37,091€37,091=
Line20212022202320242025Change
Profit (loss) for the period9904-€2,201-€928€13,117-€3,133-€3,067▲ 2.1%
+ Depreciation and write-downs630€1,547€264€264---
Operating cash flow (approximation)-€655-€665€13,381-€3,133-€3,067▲ 2.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€165€13,403-€3,017-€3,183▼ 5.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
27-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Back to profitnet €13,117
Net result €13,117 after 4 loss-making years.
27-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
13-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Riemst · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1,050 m²
Building footprint
124 m²
Volume, LiDAR
561 m³
Parcel 73092D0023/00D002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deken Gelaesplein 16, 3770 Riemst
Manufacture of basic metals
since 19932.063.833.366
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73092D0023/00D002 Flanders 1,050 m² 1 · 124 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 191 companies in sector 24100 we hold annual accounts for 136. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-1993
Fiscal year end30-06
Activities, NACEBEL 2025
24100Manufacture of basic metals
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.