LINERGY BENELUX S.A.
ActiveSummary
LINERGY BENELUX S.A. has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.57M and a net result of €149k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+3
Solvency88▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 2.87 in 2023; short-term debt: 36.9% and cash: 18.7% of total assets), and 36.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.1%
Return on assets
6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
43 d early
2022
95 d early
2021
94 d early
2020
65 d early
2019
99 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€5.34M
EBIT margin
4.8%
Net result
€149k▲ 124%
2023 · €66k
2018: €149k
2019: €98k
2020: €146k
2021: €212k
2022: €265k
2023: €66k
2018 → 2024
Working capital
€1.39M▲ 13.2%
2023 · €1.23M
2018: €577k
2019: €683k
2020: €841k
2021: €994k
2022: €1.22M
2023: €1.23M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€876k-€1.09M▲ 24.2%€1.35M▲ 24.4%€1.42M▲ 4.9%€1.57M▲ 10.5%
Operating result€228k-€314k▲ 37.7%€384k▲ 22.3%€126k▼ 67.1%€228k▲ 80.7%
Net result€146k-€212k▲ 45.1%€265k▲ 25.2%€66k▼ 75.0%€149k▲ 124%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 81% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.48M
Fixed assets
€175k ▼ 7.0%
Current assets
€2.31M ▲ 22.2%
Equity and liabilities €2.48M
Equity
€1.57M ▲ 10.5%
Debt
€916k ▲ 39.1%
Debt's share of the balance-sheet total rises from 31.7% to 36.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€299k▲
2023 · €187k
Cash flow
€220k▲
2023 · €127k
Current ratio
2.52▼
2023 · 2.87
Quick ratio
2.18▼
2023 · 2.48
Debt to equity
0.58▲
2023 · 0.46
ROE
9.5%▲
2023 · 4.7%
ROA
6.0%▲
2023 · 3.2%
Interest coverage
26.39▲
2023 · 14.33
Debt ≤ 1 year
€916k▲
2023 · €659k
Income taxes
€68k▲
2023 · €47k
Staff costs
€1.09M▲
2023 · €919k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.08M€2.48M▲
Fixed assets21/28€188k€175k▼
Tangible fixed assets22/27€184k€171k▼
Plant, machinery and equipment23€26k€19k▼
Furniture and vehicles24€87k€98k▲
Other tangible fixed assets26€71k€53k▼
Financial fixed assets28€4k€4k=
Current assets29/58€1.89M€2.31M▲
Stocks and contracts in progress3€255k€316k▲
Stocks30/36€255k€316k▲
Amounts receivable within one year40/41€1.27M€1.50M▲
Trade receivables40€1.26M€1.46M▲
Other amounts receivable41€13k€42k▲
Cash at bank and in hand54/58€331k€465k▲
Deferred charges and accrued income490/1€29k€30k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.48M▲
Equity10/15€1.42M€1.57M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€1.35M€1.50M▲
Amounts payable17/49€659k€916k▲
Amounts payable within one year42/48€659k€916k▲
Trade debts44€415k€718k▲
Suppliers440/4€415k€718k▲
Taxes, remuneration and social security45€222k€177k▼
Taxes450/3€84k€47k▼
Remuneration and social security454/9€138k€130k▼
Other amounts payable47/48€21k€21k▼
Income statement
Code20232024
Remuneration, social security and pensions62€919k€1.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€71k▲
Other operating charges640/8€18k€22k▲
Gross operating margin9900€1.12M€1.41M▲
Operating profit (loss)9901€126k€228k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€113k€217k▲
Income taxes67/77€47k€68k▲
Profit (loss) for the period9904€66k€149k▲
Profit (loss) for the period to be appropriated9905€66k€149k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.35M€1.50M▲
Profit (loss) brought forward from the previous period14P€1.28M€1.35M▲
Social balance
Average headcount (FTE)908715.216.2▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €66k ▼75%
Net result drops to €66k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €265k ▲25.2%
Operating result €384k, net result €265k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.09M ▲24.2%
4 profitable years in a row build equity to €1.09M.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Asse · 1 establishment unit since 2006
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.
Doornveld 211731 Asse1 establishment unit
LINERGY BENELUX
since 20062.152.901.934
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,766 EUR awarded · 2,766 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,766 EUR | 2,766 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500MBQESCFXEQH566
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 3,485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46474Wholesale trade
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filings
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.linergy.be
E-mail:info@linergy.be