Equity
€93,818 from €430,795 in 2018
Equity fell by 78% in 7 years.
LINEA VERDE
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €570,968 (2014)
€281,619▼ 12.6%
lowest -€126,354 (2024)
-€77,602▲ €48,752
peak €430,795 (2018)
€93,818▼ 45.3%
€1.1m▼ 6.2%
peak 6.3 FTE (2021)
3.1 FTE▼ 31.1%
Board4 names since 2020
-
Owners
100%MAISONROSE
Documentsfilings and deeds
28-08-202628 days late
2025financial year
Gross margin from €322,178 to €281,619Loss of €77,602Staff from 4.5 FTE to 3.1 FTEEquity from €171,420 to €93,818Cash from €78,464 to €52,723
Key points
from the 2025 annual accountsLosses
-€319,090 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€1.1m 92% of the balance sheet
Financial debts 52%Suppliers 31%Taxes and wages 4%Other 13%
Of this, €880,961 falls due within a year.
Staff
3.1 FTE from 6.3 in 2021
Between 2021 and 2025, 51% of the full-time equivalents disappeared.
Filings
42 annual accounts since 1984
Ten of the last ten came late. The 2020 accounts came latest: 61 days after the end of the period.
Position in the sector
8.1%
Lower solvency than 88% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.
Checked score
67
Healthy
Financially stronger than 17% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 2.0%▲ +0.3 percentage points vs 06-2025
08-2025: 2.7%▲ +0.7 percentage points vs 07-2025highest value
09-2025: 1.4%▼ -1.3 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.7%▲ +0.3 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.7 percentage points vs 07-2026
09-2026: 0.7%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €93,818 (8.1% of total assets)
Loss of €77,602, the second in a row (financial year 2025)
lowers risk
Founded in 1983
Size: 3.1 FTE, total assets €1.2m
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 46, micro). It does better than 22% of them on solvency, 15% on liquidity, 19% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 974 companies had the same profile as LINEA VERDE has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LINEA VERDE itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 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 974 companies, not a prediction for LINEA VERDE. 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.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.96 in 2024), below 1. Short-term debt is 76.2% and cash 4.6% of total assets. 91.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€77,602
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 6192 sector peers (2025).
NBB · sector comparisonPosition among 6192 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
25 days late
2023
29 days late
2022
28 days late
2021
25 days late
2020
61 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- MAISONROSE 100%equity €44,801 (2025) · 30-06-2025 annual accounts of MAISONROSE
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424870787
Resignations & appointments
General meeting of 23-12-2021 · Gazette deed
1 director appointed, 3 resignations
Resignations: EATON Michel, EATON Alain and VAN DOORNICK Pierre · Appointment: MAISONROSE (sole director) · Permanent representative: EATON Alain · General meeting of 31-03-2020 · Gazette deed
New establishment in Brussels
Joseph Stevensstraat 25
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINEA VERDE Ixelles | €1.2m | €281,619 | 8.1% | 3.1 |
| HOORENS Haaltert | €1.2m | €272,077 | 35.2% | 3.3 |
| HANS LEMMENS GOLF BELGIE Kapellen | €1.1m | €191,400 | 13.1% | 2.5 |
| ADOVA BENELUX Uccle | €1.3m | €664,152 | -95.4% | 3.6 |
| V&S AGENTUREN Kortrijk | €1.3m | €187,254 | 36.2% | 1.8 |
| anne-lore by Van Herck Geel | €0.7m | €232,206 | 54.6% | 4.5 |
| Marc VANDEVEN Leuven | €1.2m | €468,881 | 32.0% | 4.7 |
These companies have the same main activity as LINEA VERDE: wholesale of household textiles and bedding (NACE 46412). They are comparable in size and age: total assets between €690,000 and €1.3m, founded between 1981 and 1988.
Official details
Source: KBO- Status
- Active since 31-10-1983Normal situation
- Activity
- Wholesale of household textiles and beddingNACE 46412and 5 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.023.429.7971050 Ixelles, since 01-11-1983
- 2.301.673.4081000 Brussels, since 28-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on LINEA VERDE
The gross margin has fallen every year since 2021. Solvency fell in 2025 from 13.2% to 8.1% because of the loss.
MAISONROSE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINEA VERDE
- What is the company number of LINEA VERDE?
- The company number of LINEA VERDE is 0424.870.787. The VAT number is the same number with BE in front: BE 0424.870.787.
- Where is LINEA VERDE based?
- The registered office is at Waterloose Steenweg 458-460, 1050 Ixelles.Company details
- What does LINEA VERDE do?
- According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
- What is the legal form of LINEA VERDE?
- LINEA VERDE is a public limited company (NV).
- When was LINEA VERDE founded?
- LINEA VERDE was founded on 31-10-1983.
- Is LINEA VERDE still active?
- Yes, LINEA VERDE is an active enterprise in the KBO register.
- How many employees does LINEA VERDE have?
- LINEA VERDE had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LINEA VERDE fall under?
- In its 2025 annual accounts, LINEA VERDE states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LINEA VERDE?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €281,619 and 36 comparable companies (NACE 464). It probably lies between €1.0m and €2.0m.
- Is LINEA VERDE profitable?
- In financial year 2025, LINEA VERDE made a loss of €77,602.
- Where can I find the annual accounts of LINEA VERDE?
- LINEA VERDE filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LINEA VERDE due?
- LINEA VERDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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