Skip to content

LINFRAN

Active
Private limited companyfounded 199729 yrs activeBruggestraat 206, 8730 Beernem, BelgiumKBO/BCE: BE 0459.500.777
Summary

LINFRAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€152,636) and a net result of €1,166. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+55
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 226% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-126%
Return on assets
1%
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 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
59 d late
2023
on the day
2022
1 d early
2021
7 d early
2020
6 d early
2019
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 30 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 January 1997, LINFRAN was incorporated.1 Total assets went from EUR 141,774 in 2019 to EUR 121,121 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€152,636▲ 0.8%
2024 · -€153,801
Total assets
€121,121▼ 1.5%
2024 · €122,955
Net result
€1,166
2024 · -€4,048
Working capital
-€272,822▲ 1.0%
2024 · -€275,548
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€760▲ 82.5%-€608▲ 20.0%-€7,914▼ 1,201%-€3,939▲ 50.2%€1,288
Net result-€845▲ 80.8%-€677▲ 19.9%-€8,004▼ 1,083%-€4,048▲ 49.4%€1,166
Equity-€141,072▼ 0.6%-€141,749▼ 0.5%-€149,753▼ 5.6%-€153,801▼ 2.7%-€152,636▲ 0.8%
Total assets€130,463▼ 2.1%€125,691▼ 3.7%€126,568▲ 0.7%€122,955▼ 2.9%€121,121▼ 1.5%
Debt€271,535▼ 0.7%€267,440▼ 1.5%€276,321▲ 3.3%€276,756▲ 0.2%€273,757▼ 1.1%
Working capital-€269,256▲ 1.0%-€267,297▲ 0.7%-€274,238▼ 2.6%-€275,548▼ 0.5%-€272,822▲ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0€2,500Operating result 2021: -€760-€760Net result 2021: -€845-€845Operating result 2022: -€608-€608Net result 2022: -€677-€677Operating result 2023: -€7,914-€7,914Net result 2023: -€8,004-€8,004Operating result 2024: -€3,939-€3,939Net result 2024: -€4,048-€4,048Operating result 2025: €1,288€1,288Net result 2025: €1,166€1,16620212022202320242025-€10,000-€7,500-€5,000-€2,500€0€2,500Operating result 2023: -€7,914-€7,910Net result 2023: -€8,004-€8,000Operating result 2024: -€3,939-€3,940Net result 2024: -€4,048-€4,050Operating result 2025: €1,288€1,290Net result 2025: €1,166€1,170202320242025
The operating result returns to profit in 2025: €1,288 after a loss of €3,939 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121,121
Fixed assets €120,186 ▼ 1.3%
Current assets €935 ▼ 22.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,849▲
2024 · -€1,201
Cash flow
€2,726▲
2024 · -€1,310
Solvency
-126.0%▼
2024 · -125.1%
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-1.79▲
2024 · -1.80
ROA
1.0%▲
2024 · -3.3%
Interest coverage
23.26▲
2024 · -11.04
Debt ≤ 1 year
€273,757▼
2024 · €276,756
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.5% went bankrupt
4.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,448 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€122,955€121,121▼
Fixed assets21/28€121,746€120,186▼
Tangible fixed assets22/27€121,746€120,186▼
Land and buildings22€120,699€119,453▼
Plant, machinery and equipment23€1,047€733▼
Current assets29/58€1,208€935▼
Cash at bank and in hand54/58€706€408▼
Deferred charges and accrued income490/1€502€527▲
Equity and liabilities
Total equity and liabilities10/49€122,955€121,121▼
Equity10/15-€153,801-€152,636▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€173,801-€172,636▲
Amounts payable17/49€276,756€273,757▼
Amounts payable within one year42/48€276,756€273,757▼
Trade debts44€618€486▼
Suppliers440/4€618€486▼
Other amounts payable47/48€276,138€273,271▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,738€1,560▼
Other operating charges640/8€1,386€1,276▼
Gross operating margin9900€185€4,125▲
Operating profit (loss)9901-€3,939€1,288▲
Financial charges65/66B€109€122▲
Recurring financial charges65€109€122▲
Profit (loss) for the period before taxes9903-€4,048€1,166▲
Profit (loss) for the period9904-€4,048€1,166▲
Profit (loss) for the period to be appropriated9905-€4,048€1,166▲
Appropriation of the result
Profit (loss) to be appropriated9906-€173,801-€172,636▲
Profit (loss) brought forward from the previous period14P-€169,753-€173,801▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,675€2,635€2,634€2,738€1,560▼ 43.0%
Other operating charges640/8-€1,112€1,486€1,386€1,276▼ 7.9%
Gross operating margin9900€4,018€3,140-€3,794€185€4,125▲ 2,136%
Operating profit (loss)9901-€760-€608-€7,914-€3,939€1,288▲ 133%
Financial charges65/66B-€68€91€109€122▲ 12.6%
Recurring financial charges65€85€68€91€109€122▲ 12.6%
Profit (loss) for the period before taxes9903-€845-€677-€8,004-€4,048€1,166▲ 129%
Profit (loss) for the period9904-€845-€677-€8,004-€4,048€1,166▲ 129%
Profit (loss) for the period to be appropriated9905-€845-€677-€8,004-€4,048€1,166▲ 129%
Line20212022202320242025Change
Assets
Total assets20/58€130,463€125,691€126,568€122,955€121,121▼ 1.5%
Fixed assets21/28€128,183€125,548€124,485€121,746€120,186▼ 1.3%
Tangible fixed assets22/27€128,183€125,548€124,485€121,746€120,186▼ 1.3%
Land and buildings22-€125,548€123,124€120,699€119,453▼ 1.0%
Plant, machinery and equipment23--€1,361€1,047€733▼ 30.0%
Current assets29/58€2,280€143€2,083€1,208€935▼ 22.6%
Amounts receivable within one year40/41€1,629€82€1,118---
Other amounts receivable41-€82€1,118---
Cash at bank and in hand54/58€650€61€513€706€408▼ 42.2%
Deferred charges and accrued income490/1--€452€502€527▲ 4.9%
Equity and liabilities
Total equity and liabilities10/49€130,463€125,691€126,568€122,955€121,121▼ 1.5%
Equity10/15-€141,072-€141,749-€149,753-€153,801-€152,636▲ 0.8%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€1,787€1,787----
Non-distributable reserves130/1-€1,787----
Reserves not available under the articles1311-€1,787----
Profit (loss) carried forward14-€162,859-€163,536-€169,753-€173,801-€172,636▲ 0.7%
Amounts payable17/49€271,535€267,440€276,321€276,756€273,757▼ 1.1%
Amounts payable within one year42/48€271,535€267,440€276,321€276,756€273,757▼ 1.1%
Trade debts44€353€540€285€618€486▼ 21.4%
Suppliers440/4-€540€285€618€486▼ 21.4%
Taxes, remuneration and social security45--€294---
Taxes450/3--€294---
Other amounts payable47/48-€266,900€275,742€276,138€273,271▼ 1.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€845-€677-€8,004-€4,048€1,166▲ 129%
+ Depreciation and write-downs630€3,675€2,635€2,634€2,738€1,560▼ 43.0%
Operating cash flow (approximation)€2,830€1,959-€5,371-€1,310€2,726▲ 308%
Investment in fixed assets (approximation)-€0-€1,570€0€0-
Change in cash--€589€452€193-€298▼ 254%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €1,166
Net result €1,166 after 6 loss-making years.
31-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
13-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
09-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Beernem · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
2,745 m²
Building footprint
371 m²
Volume, LiDAR
1,383 m³
Parcel 31021A0063/00K000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bruggestraat 206, 8730 Beernem
Air transport
since 19972.079.923.686
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31021A0063/00K000 Flanders 2,745 m² 1 · 371 m² 6.3 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-1997
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.