LINEUP
ActiveSummary
LINEUP has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,232 and a net result of €12,580. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 1672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+17
Solvency90▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.87 against 1.69 in 2024; short-term debt: 34.8% and cash: 40% of total assets), and 34.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
13.4%
Age of the figures
15 mo
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 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d late
2023
5 d late
2022
9 d late
2021
4 d early
2020
1 d late
2018
35 d early
← 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 3 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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 3 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€61,232▲ 25.9%
2024 · €48,652
Total assets
€93,859▼ 20.9%
2024 · €118,701
Net result
€12,580▲ 17,285%
2024 · €72
Working capital
€61,146▲ 27.2%
2024 · €48,085
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, 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€16,196▲ 109%€7,055▼ 56.4%-€1,317€7,062€26,147▲ 270%
Net result€17,168within the sector's middle half▲ 104%€5,911within the sector's middle half▼ 65.6%€10within the sector's middle half▼ 99.8%€72within the sector's middle half▲ 657%€12,580within the sector's middle half▲ 17,285%
Equity€36,659below the sector's middle half▲ 88.1%€42,570below the sector's middle half▲ 16.1%€48,580below the sector's middle half▲ 14.1%€48,652below the sector's middle half▲ 0.1%€61,232within the sector's middle half▲ 25.9%
Total assets€37,768below the sector's middle half▲ 24.4%€57,596below the sector's middle half▲ 52.5%€67,953below the sector's middle half▲ 18.0%€118,701below the sector's middle half▲ 74.7%€93,859below the sector's middle half▼ 20.9%
Debt€1,109▼ 89.8%€15,026▲ 1,256%€19,373▲ 28.9%€70,049▲ 262%€32,627▼ 53.4%
Working capital€37,253within the sector's middle half▲ 30.2%€42,570within the sector's middle half▲ 14.3%€47,531within the sector's middle half▲ 11.7%€48,085within the sector's middle half▲ 1.2%€61,146within the sector's middle half▲ 27.2%
Solvency97.1%above the sector's middle half▲ 32.9pp73.9%above the sector's middle half▼ 23.2pp71.5%above the sector's middle half▼ 2.4pp41.0%within the sector's middle half▼ 30.5pp65.2%within the sector's middle half▲ 24.3pp
Current ratio73.37above the sector's middle half▲ 55.953.83above the sector's middle half▼ 69.533.45within the sector's middle half▼ 0.381.69within the sector's middle half▼ 1.772.87within the sector's middle half▲ 1.19
Return on assets (ROA)45.5%above the sector's middle half▲ 17.7pp10.3%within the sector's middle half▼ 35.2pp0.0%within the sector's middle half▼ 10.2pp0.1%within the sector's middle half=13.4%within the sector's middle half▲ 13.3pp
Staff (FTE)0.1below the sector's middle half0.2below the sector's middle half▲ 100%0.2below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 270% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,859
Fixed assets
€85 ▼ 84.9%
Current assets
€93,773 ▼ 20.6%
Equity and liabilities €93,859
Equity
€61,232 ▲ 25.9%
Debt
€32,627 ▼ 53.4%
Debt's share of the balance-sheet total falls from 59.0% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,629▲
2024 · €7,543
Cash flow
€13,061▲
2024 · €554
Debt to equity
0.53▼
2024 · 1.44
ROE
20.5%▲
2024 · 0.1%
Interest coverage
60.46▲
2024 · 14.85
Debt ≤ 1 year
€32,627▼
2024 · €70,049
Income taxes
€13,986▲
2024 · €7,211
Staff costs
€11,377▲
2024 · €5,342
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €898 | €5,342 | €11,377 | ▲ 113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €396 | €482 | €482 | = |
| Other operating charges640/8 | - | €803 | €1,707 | €756 | €1,922 | ▲ 154% |
| Non-recurring operating charges66A | - | - | - | €17,912 | €0 | ▼ 100% |
| Gross operating margin9900 | €16,465 | €7,858 | €1,684 | €31,554 | €39,927 | ▲ 26.5% |
| Operating profit (loss)9901 | €16,196 | €7,055 | -€1,317 | €7,062 | €26,147 | ▲ 270% |
| Financial income75/76B | - | €771 | €1,711 | €730 | €859 | ▲ 17.6% |
| Recurring financial income75 | €1,092 | €771 | €1,711 | €730 | €859 | ▲ 17.6% |
| Financial charges65/66B | - | €586 | €384 | €508 | €440 | ▼ 13.3% |
| Recurring financial charges65 | €120 | €586 | €384 | €508 | €440 | ▼ 13.3% |
| Profit (loss) for the period before taxes9903 | €17,168 | €7,239 | €10 | €7,284 | €26,565 | ▲ 265% |
| Income taxes67/77 | - | €1,329 | €0 | €7,211 | €13,986 | ▲ 93.9% |
| Profit (loss) for the period9904 | €17,168 | €5,911 | €10 | €72 | €12,580 | ▲ 17,285% |
| Profit (loss) for the period to be appropriated9905 | €17,168 | €5,911 | €10 | €72 | €12,580 | ▲ 17,285% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,768 | €57,596 | €67,953 | €118,701 | €93,859 | ▼ 20.9% |
| Fixed assets21/28 | - | - | €1,049 | €567 | €85 | ▼ 84.9% |
| Tangible fixed assets22/27 | - | - | €1,049 | €567 | €85 | ▼ 84.9% |
| Plant, machinery and equipment23 | - | - | €1,049 | €567 | €85 | ▼ 84.9% |
| Current assets29/58 | €37,768 | €57,596 | €66,904 | €118,134 | €93,773 | ▼ 20.6% |
| Amounts receivable within one year40/41 | €16,762 | €56,301 | €59,522 | €83,709 | €56,220 | ▼ 32.8% |
| Trade receivables40 | - | €43,415 | €36,212 | €41,919 | €41,623 | ▼ 0.7% |
| Other amounts receivable41 | - | €12,886 | €23,310 | €41,790 | €14,596 | ▼ 65.1% |
| Cash at bank and in hand54/58 | €21,006 | €1,295 | €7,383 | €34,425 | €37,554 | ▲ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,768 | €57,596 | €67,953 | €118,701 | €93,859 | ▼ 20.9% |
| Equity10/15 | €36,659 | €42,570 | €48,580 | €48,652 | €61,232 | ▲ 25.9% |
| Contributions10/11 | - | €6,200 | €12,200 | €12,200 | €12,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €28,599 | €34,510 | €34,520 | €34,592 | €47,172 | ▲ 36.4% |
| Amounts payable17/49 | €1,109 | €15,026 | €19,373 | €70,049 | €32,627 | ▼ 53.4% |
| Amounts payable within one year42/48 | €515 | €15,026 | €19,373 | €70,049 | €32,627 | ▼ 53.4% |
| Trade debts44 | €363 | €9,220 | €17,369 | €63,149 | €22,293 | ▼ 64.7% |
| Suppliers440/4 | - | €9,220 | €17,369 | €63,149 | €22,293 | ▼ 64.7% |
| Taxes, remuneration and social security45 | - | €5,806 | €1,684 | €6,900 | €10,334 | ▲ 49.8% |
| Taxes450/3 | - | €5,806 | €1,329 | €6,900 | €10,334 | ▲ 49.8% |
| Remuneration and social security454/9 | - | - | €355 | €0 | - | - |
| Other amounts payable47/48 | - | - | €320 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,168 | €5,911 | €10 | €72 | €12,580 | ▲ 17,285% |
| + Depreciation and write-downs630 | - | - | €396 | €482 | €482 | = |
| Operating cash flow (approximation) | €17,168 | €5,911 | €406 | €554 | €13,061 | ▲ 2,258% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | -€19,710 | €6,087 | €27,042 | €3,129 | ▼ 88.4% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2018net €17,168 ▲104%
Net result €17,168, the highest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 73.37
Current ratio from 17.41 to 73.37; short-term debt falls from €1,744 to €515.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Back to profitnet €8,434
Net result €8,434 after one loss-making year.
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
06-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Antwerpen · 1 establishment unit since 2010
Ground area
94 m²
Building footprint
160 m²
Volume, LiDAR
2,379 m³
Parcel 11811L3629/00C000, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
LINEUP
since 20102.194.129.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3629/00C000 | Flanders | 94 m² | 1 · 160 m² | 18.8 m · 5 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.
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 1,214 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
Founded09-11-2010
Fiscal year end30-06
Activities, NACEBEL 2025
73200Market research and public opinion polling
70200Business and other management consultancy
71112Activities of interior architects
73300Public relations and communication consultancy
74140Other specialised design activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0831061752
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.