LINEAIR
ActiveLINEAIR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €4k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 3446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-61
Solvency100▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.21 against 2.31 in 2024), and 16.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.7%
Return on assets
6.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
95 d late
2023
98 d late
2022
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 8.4%
2024 · €49k
2022: €46k
2023: €46k
2024: €49k
2022 → 2025
Total assets
€64k▼ 25.2%
2024 · €85k
2022: €88k
2023: €77k
2024: €85k
2022 → 2025
Net result
€4k▼ 73.7%
2024 · €16k
2022: €25k
2023: €-120
2024: €16k
2022 → 2025
Working capital
€50k▲ 12.2%
2024 · €45k
2022: €27k
2023: €33k
2024: €45k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€46k-€46k▼ 0.3%€49k▲ 8.1%€53k▲ 8.4%
Operating result€31k-€812▼ 97.4%€18k▲ 2,100%€9k▼ 52.1%
Net result€25k-€-120€16k€4k▼ 73.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€4k▼ 37.1%
Current assets
€60k▼ 24.2%
Equity and liabilities €64k
Equity
€53k▲ 8.4%
Debt
€10k▼ 71.1%
The debt ratio falls from 42.2% to 16.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€15k▼
2024 · €24k
Cash flow
€11k▼
2024 · €22k
Solvency
83.7%▲
2024 · 57.8%
Current ratio
6.21▲
2024 · 2.31
Quick ratio
6.21▲
2024 · 2.31
Debt / equity
0.19▼
2024 · 0.73
ROE
7.7%▼
2024 · 31.8%
ROA
6.5%▼
2024 · 18.4%
Interest coverage
4.85▼
2024 · 17.65
Debt
€10k▼
2024 · €36k
Debt ≤ 1 year
€10k▼
2024 · €34k
Income taxes
€4k▲
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€85k€64k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€6k€4k▼
Current assets29/58€79k€60k▼
Amounts receivable after more than one year29€39k€39k=
Other amounts receivable291€39k€39k=
Amounts receivable within one year40/41€24k€16k▼
Trade receivables40€7k€6k▼
Other amounts receivable41€17k€10k▼
Cash at bank and in hand54/58€16k€4k▼
Deferred charges and accrued income490/1€241€1k▲
Equity and liabilities
Total equity and liabilities10/49€85k€64k▼
Equity10/15€49k€53k▲
Contributions10/11€728€728=
Reserves13€49k€53k▲
Distributable reserves133€49k€53k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€36k€10k▼
Amounts payable within one year42/48€34k€10k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3€17k€7k▼
Other amounts payable47/48€12k€0▼
Accrued charges and deferred income492/3€2k€772▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€29k€18k▼
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€18k€8k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€16k€4k▼
Profit (loss) for the period to be appropriated9905€16k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€4k▼
Transfer from equity791/2€0-
Transfer to equity691/2€4k€4k▲
To the legal reserve6920€4k€0▼
To other reserves6921-€4k
Profit to be distributed694/7€12k€0▼
Directors or managers695€12k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 6.21
Current ratio from 2.31 to 6.21; short-term debt falls from €34k to €10k.
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial
Weakest financial yearnet €-120 ▼100%
Net result drops to €-120, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Eeklo · 1 establishment unit since 2014
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.
Sportlaan 39900 EekloGround area
199 m²
Building footprint
178 m²
Volume, LiDAR
781 m³
Parcel 43005D0268/02W000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LINEAIR
since 20142.239.357.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005D0268/02W000 | Flanders | 199 m² | 1 · 178 m² | 10.2 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
Wassaya
BE 0788.266.540
Brussel · Eq €54k
Société civile d'architectes N&S - SRL
BE 0887.110.629
Braine-l'Alleud · Eq €54k
Interprofessionele burgerlijke architectenvennootschap Hugo Lievens, Architect, en V. Bert
BE 0436.486.637
Ternat · Eq €54k
M4 ARCHITECTURE
BE 0892.431.672
Braine-l'Alleud · Eq €54k
ARCHI-D
BE 0885.326.720
Pelt · Eq €53k
Of 14,128 companies in sector 74201 we hold annual accounts for 2,605. 2,075 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2014
Fiscal year end31-12
Activities, NACEBEL
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.