Equity
€235,259 ▲ 3.8%
LINECA has made a profit without a break since 2020.
LINECA
Lifetime
18 annual accounts with figures on one time axispeak €159,939 (2021)
€47,348▼ 13.5%
lowest -€9,417 (2019)
€8,704▼ 21.4%
peak €235,259 (2025)
€235,259▲ 3.8%
€1.4m▼ 1.4%
peak 0 FTE (2024)
0 FTE
Board2 names since 2008
1 directorPeter CEYSSENS
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €54,752 to €47,348Cash from €741 to €8,820
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 34% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 1.0%● unchanged vs 07-2025highest value
09-2025: 0.5%▼ -0.5 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.4 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.23, cash €8,820
Equity €235,259 (14.1% of total assets)
lowers risk
Size: total assets €1.7m
Figures for financial year 2025 (filed on 30-06-2026)
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 68, micro). It does better than 35% of them on solvency, 8% on liquidity, 35% on profitability and 56% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 4,107 companies had the same profile as LINECA has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LINECA itself: 0.1% 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 4,107 companies, not a prediction for LINECA. 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 €21,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23 (1.16 in 2024), below the usual 1.5. Short-term debt is 81.3% and cash 0.5% of total assets. 85.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
59 days early
2023
84 days early
2022
81 days early
2021
122 days late
2020
1 day early
2019
on the day
← 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 19 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 2 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0895669393
Environmental permit granted
Bouwen of herbouwen, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Bree
Environmental permit granted
Bouwen of herbouwen, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Bree
Registered office moved to Boechout
New registered office: Pietingbaan 104, 2531 Boechout · Change of role: Peter CEYSSENS, from manager to director · “Projectontwikkeling en alle activiteiten die daarmee gepaard gaan zoals onder meer de promotie,coördinatie,de…” (deed in Dutch) · General meeting of 03-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINECA Boechout | €1.7m | €47,348 | 14.1% | 0 |
| Webo Projects Herentals | €1.3m | €66,613 | 38.8% | 0 |
| W.G. VASTGOED Beveren | €1.8m | €52,205 | 13.1% | 0 |
| M-VIDA Merchtem | €1.4m | €31,277 | 13.6% | 0 |
| REWIRTUS Geraardsbergen | €2.0m | €32,519 | 2.3% | 0 |
| Heritage Development Brasschaat | €2.5m | €42,872 | -4.6% | 0 |
| IEPENBURG Schilde | €2.4m | €30,203 | 86.9% | 0 |
These companies have the same main activity as LINECA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €2.5m, founded between 2003 and 2009.
Official details
Source: KBO- Status
- Active since 12-02-2008Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.326.572.9122531 Boechout, since 01-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 24-03-2026
Annual accounts 2025
- €1.7m▼ 0.7%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on LINECA
LINECA files the abbreviated format. That format states no turnover. The gross margin fell from €56,786 in 2008 to €47,348 in 2025.
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 LINECA
- What is the company number of LINECA?
- The company number of LINECA is 0895.669.393. The VAT number is the same number with BE in front: BE 0895.669.393.
- Where is LINECA based?
- The registered office is at Pietingbaan 104, 2531 Boechout.Company details
- What does LINECA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of LINECA?
- LINECA is a private limited company (BV).
- When was LINECA founded?
- LINECA was founded on 12-02-2008.
- Is LINECA still active?
- Yes, LINECA is an active enterprise in the KBO register.
- What is the turnover of LINECA?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €47,348 and 32 comparable companies (NACE 681). It probably lies between €71,000 and €260,000.Financials
- Is LINECA profitable?
- In financial year 2025, LINECA made a profit of €8,704.
- Where can I find the annual accounts of LINECA?
- LINECA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LINECA due?
- LINECA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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