Summary
LINEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €48,396 and a net result of €215,077. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 8094 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8094 sector peers (2025).
NBB · sector comparisonPosition among 8094 sector peers
Solvency
better than 14%
← weakest
strongest →
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 30-01-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
6 d early
2022
12 d early
2021
4 d early
2020
8 d late
2019
28 d late
← 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 1 day after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€48,396▲ 45.2%
2024 · €33,319
Net result
€215,077▼ 3.9%
2024 · €223,825
Total assets
€644,457▼ 16.2%
2024 · €769,396
Solvency
7.5%▲ 3.2pp
2024 · 4.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€67,964€371,869▲ 447%€292,101▼ 21.5%€289,728▼ 0.8%€310,420▲ 7.1%
Net result€42,724within the sector's middle half€270,804above the sector's middle half▲ 534%€211,617above the sector's middle half▼ 21.9%€223,825above the sector's middle half▲ 5.8%€215,077above the sector's middle half▼ 3.9%
Equity€23,072below the sector's middle half€19,877below the sector's middle half▼ 13.9%€31,494below the sector's middle half▲ 58.4%€33,319below the sector's middle half▲ 5.8%€48,396within the sector's middle half▲ 45.2%
Total assets€721,737within the sector's middle half▲ 159%€683,366within the sector's middle half▼ 5.3%€642,341within the sector's middle half▼ 6.0%€769,396within the sector's middle half▲ 19.8%€644,457within the sector's middle half▼ 16.2%
Debt€698,665▲ 134%€663,489▼ 5.0%€610,847▼ 7.9%€736,077▲ 20.5%€596,061▼ 19.0%
Working capital€214,760above the sector's middle half€37,552within the sector's middle half▼ 82.5%€78,103within the sector's middle half▲ 108%€69,691within the sector's middle half▼ 10.8%€91,554within the sector's middle half▲ 31.4%
Solvency3.2%below the sector's middle half▲ 10.3pp2.9%below the sector's middle half▼ 0.3pp4.9%below the sector's middle half▲ 2.0pp4.3%below the sector's middle half▼ 0.6pp7.5%below the sector's middle half▲ 3.2pp
Current ratio4.74above the sector's middle half▲ 4.191.11within the sector's middle half▼ 3.631.29within the sector's middle half▲ 0.181.17within the sector's middle half▼ 0.121.35within the sector's middle half▲ 0.18
Return on assets (ROA)5.9%within the sector's middle half▲ 9.0pp39.6%above the sector's middle half▲ 33.7pp32.9%above the sector's middle half▼ 6.7pp29.1%above the sector's middle half▼ 3.9pp33.4%above the sector's middle half▲ 4.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €644,457
Fixed assets
€291,030 ▲ 0.7%
Current assets
€353,427 ▼ 26.4%
Equity and liabilities €644,457
Equity
€48,396 ▲ 45.2%
Debt
€596,061 ▼ 19.0%
Debt's share of the balance-sheet total falls from 95.7% to 92.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
444.4%▼
2024 · 671.8%
Debt ≤ 1 year
€261,873▼
2024 · €410,731
Debt > 1 year
€334,188▲
2024 · €325,345
Income taxes
€87,557▲
2024 · €75,809
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,035 | €2,456 | €6,211 | €6,139 | €6,874 | ▲ 12.0% |
| Other operating charges640/8 | - | €38,447 | €38,285 | €7,898 | €1,913 | ▼ 75.8% |
| Gross operating margin9900 | €82,943 | €412,772 | €336,598 | €303,765 | €319,208 | ▲ 5.1% |
| Operating profit (loss)9901 | €67,964 | €371,869 | €292,101 | €289,728 | €310,420 | ▲ 7.1% |
| Financial income75/76B | - | €1,617 | €6,472 | €20,020 | €2,703 | ▼ 86.5% |
| Recurring financial income75 | €0 | €1,617 | €6,472 | €20,020 | €2,703 | ▼ 86.5% |
| Financial charges65/66B | - | €13,695 | €14,577 | €10,115 | €10,490 | ▲ 3.7% |
| Recurring financial charges65 | €11,147 | €13,695 | €10,336 | €10,115 | €10,490 | ▲ 3.7% |
| Non-recurring financial charges66B | - | - | €4,241 | - | - | - |
| Profit (loss) for the period before taxes9903 | €56,817 | €359,791 | €283,996 | €299,634 | €302,634 | ▲ 1.0% |
| Income taxes67/77 | €14,093 | €88,987 | €72,379 | €75,809 | €87,557 | ▲ 15.5% |
| Profit (loss) for the period9904 | €42,724 | €270,804 | €211,617 | €223,825 | €215,077 | ▼ 3.9% |
| Profit (loss) for the period to be appropriated9905 | €42,724 | €270,804 | €211,617 | €223,825 | €215,077 | ▼ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €721,737 | €683,366 | €642,341 | €769,396 | €644,457 | ▼ 16.2% |
| Fixed assets21/28 | €449,528 | €297,177 | €291,940 | €288,974 | €291,030 | ▲ 0.7% |
| Tangible fixed assets22/27 | €3,528 | €21,177 | €15,940 | €12,974 | €15,030 | ▲ 15.8% |
| Furniture and vehicles24 | - | €21,177 | €15,940 | €12,974 | €15,030 | ▲ 15.8% |
| Financial fixed assets28 | €446,000 | €276,000 | €276,000 | €276,000 | €276,000 | = |
| Current assets29/58 | €272,209 | €386,189 | €350,401 | €480,422 | €353,427 | ▼ 26.4% |
| Amounts receivable after more than one year29 | - | €70,000 | - | - | - | - |
| Trade receivables290 | - | €70,000 | - | - | - | - |
| Amounts receivable within one year40/41 | €47,299 | €134,610 | €187,058 | €218,616 | €19,926 | ▼ 90.9% |
| Trade receivables40 | - | €128,353 | €179,855 | €205,815 | €1,815 | ▼ 99.1% |
| Other amounts receivable41 | - | €6,257 | €7,204 | €12,801 | €18,111 | ▲ 41.5% |
| Current investments50/53 | €14,675 | €14,675 | €116,561 | €135,949 | €113,021 | ▼ 16.9% |
| Cash at bank and in hand54/58 | €208,124 | €162,806 | €45,493 | €118,185 | €212,498 | ▲ 79.8% |
| Deferred charges and accrued income490/1 | - | €4,098 | €1,289 | €7,672 | €7,982 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €721,737 | €683,366 | €642,341 | €769,396 | €644,457 | ▼ 16.2% |
| Equity10/15 | €23,072 | €19,877 | €31,494 | €33,319 | €48,396 | ▲ 45.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €4,472 | €1,277 | €12,894 | €14,719 | €29,796 | ▲ 102% |
| Amounts payable17/49 | €698,665 | €663,489 | €610,847 | €736,077 | €596,061 | ▼ 19.0% |
| Amounts payable after more than one year17 | €640,514 | €314,852 | €338,549 | €325,345 | €334,188 | ▲ 2.7% |
| Financial debts170/4 | - | €6,374 | €2,359 | - | - | - |
| Other amounts payable178/9 | - | €308,478 | €336,190 | €325,345 | €334,188 | ▲ 2.7% |
| Amounts payable within one year42/48 | €57,449 | €348,637 | €272,298 | €410,731 | €261,873 | ▼ 36.2% |
| Current portion of amounts payable after more than one year42 | - | €28,946 | €15,502 | €28,836 | - | - |
| Trade debts44 | €492 | €2,842 | €553 | €1,638 | €2,354 | ▲ 43.7% |
| Suppliers440/4 | - | €2,842 | €553 | €1,638 | €2,354 | ▲ 43.7% |
| Taxes, remuneration and social security45 | - | €42,383 | €35,823 | €8,257 | €59,519 | ▲ 621% |
| Taxes450/3 | - | €30,744 | €23,717 | €8,257 | €59,519 | ▲ 621% |
| Remuneration and social security454/9 | - | €11,639 | €12,106 | - | - | - |
| Other amounts payable47/48 | - | €274,467 | €220,420 | €372,000 | €200,000 | ▼ 46.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,724 | €270,804 | €211,617 | €223,825 | €215,077 | ▼ 3.9% |
| + Depreciation and write-downs630 | €1,035 | €2,456 | €6,211 | €6,139 | €6,874 | ▲ 12.0% |
| Operating cash flow (approximation) | €43,760 | €273,261 | €217,828 | €229,964 | €221,951 | ▼ 3.5% |
| Investment in fixed assets (approximation) | - | €149,895 | -€974 | -€3,172 | -€8,931 | ▼ 182% |
| Change in cash | - | -€45,318 | -€117,312 | €72,692 | €94,313 | ▲ 29.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €270,804 ▲534%
Operating result €371,869, net result €270,804, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €42,724
Net result €42,724 after 2 loss-making years.
30-06
Financial
Liquidity times 9current ratio 4.74
Current ratio from 0.55 to 4.74.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Pieters-Woluwe · 1 establishment unit since 2016
Ground area
3,358 m²
Building footprint
389 m²
Volume, LiDAR
5,061 m³
Parcel 21683D0029/00Z004, Brussels · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LINEST
since 20162.376.162.082
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0029/00Z004 | Brussels | 3,358 m² | 1 · 389 m² | 16.9 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
8755009P2RK7LYOSWQ91
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 10,354 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-2016
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656758888
Also
9925:BE0656758888
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.