LINGAND IMMO
ActiveLINGAND IMMO has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-228k) and a net result of €-77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+1
Solvency17▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.2 against 2.02 in 2024; short-term debt: 29.1% and cash: 0.1% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Nine 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
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 2025Solvency, return and age of the figures
Solvency
-7.7%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-228k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
28 d early
2022
41 d early
2021
58 d late
2020
61 d late
2019
34 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-228k▼ 50.9%
2024 · €-151k
2018: €27k
2019: €63k
2020: €87k
2021: €87k
2022: €112k
2023: €-78k
2024: €-151k
2018 → 2025
Total assets
€2.97M▲ 2.2%
2024 · €2.91M
2018: €278k
2019: €257k
2020: €264k
2021: €309k
2022: €491k
2023: €2.39M
2024: €2.91M
2018 → 2025
Net result
€-77k▼ 5.5%
2024 · €-73k
2018: €-4k
2019: €36k
2020: €36k
2021: €450
2022: €13k
2023: €-189k
2024: €-73k
2018 → 2025
Working capital
€1.03M▲ 13.6%
2024 · €908k
2018: €4k
2019: €8k
2020: €28k
2021: €35k
2022: €111k
2023: €233k
2024: €908k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€112k▲ 28.4%€-78k€-151k▼ 93.3%€-228k▼ 50.9%
Operating result€7k-€22k▲ 197%€-154k€2k€29k▲ 1,068%
Net result€450-€13k▲ 2,757%€-189k€-73k▲ 61.4%€-77k▼ 5.5%
Turnover and EBIT margin not published: the micro 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 1,068% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.97M
Fixed assets
€1.07M▼ 2.7%
Current assets
€1.89M▲ 5.1%
Key figures and ratios
EBITDA
€58k▲
2024 · €32k
Cash flow
€-47k▼
2024 · €-44k
Solvency
-7.7%▼
2024 · -5.2%
Current ratio
2.20▲
2024 · 2.02
Quick ratio
0.03▼
2024 · 0.14
Debt / equity
-14.02▲
2024 · -20.24
ROA
-2.6%▼
2024 · -2.5%
Interest coverage
0.55▲
2024 · 0.42
Debt
€3.20M▲
2024 · €3.06M
Debt ≤ 1 year
€863k▼
2024 · €894k
Debt > 1 year
€2.33M▲
2024 · €2.16M
Income taxes
€690▲
2024 · €444
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.91M€2.97M▲
Fixed assets21/28€1.10M€1.07M▼
Tangible fixed assets22/27€1.10M€1.07M▼
Land and buildings22€1.10M€1.07M▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.80M€1.89M▲
Stocks and contracts in progress3€1.68M€1.87M▲
Stocks30/36€1.68M€1.87M▲
Amounts receivable within one year40/41€12k€26k▲
Trade receivables40€6k€25k▲
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€91k€3k▼
Deferred charges and accrued income490/1€24k-
Equity and liabilities
Total equity and liabilities10/49€2.91M€2.97M▲
Equity10/15€-151k€-228k▼
Contributions10/11€150k€150k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€276€276=
Profit (loss) carried forward14€-307k€-384k▼
Amounts payable17/49€3.06M€3.20M▲
Amounts payable after more than one year17€2.16M€2.33M▲
Financial debts170/4€2.16M€2.33M▲
Amounts payable within one year42/48€894k€863k▼
Current portion of amounts payable after more than one year42€59k€62k▲
Trade debts44-€22k
Suppliers440/4-€22k
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€827k€4k▼
Taxes450/3€444€4k▲
Remuneration and social security454/9€826k-
Other amounts payable47/48€3k€774k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▲
Other operating charges640/8€12k€8k▼
Gross operating margin9900€44k€67k▲
Operating profit (loss)9901€2k€29k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€75k€105k▲
Recurring financial charges65€75k€105k▲
Profit (loss) for the period before taxes9903€-72k€-76k▼
Income taxes67/77€444€690▲
Profit (loss) for the period9904€-73k€-77k▼
Profit (loss) for the period to be appropriated9905€-73k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-307k€-384k▼
Profit (loss) brought forward from the previous period14P€-234k€-307k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-189k ▼1568%
Net result drops to €-189k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €112k ▲28.4%
4 profitable years in a row build equity to €112k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Hélécine · 3 establishment units since 1999
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.
Rue des Martyrs, Lins. 41357 HélécineGround area
8,571 m²
Building footprint
2,132 m²
Volume, LiDAR
21,588 m³
3 parcels, Flanders, Wallonia · tallest building 25.8 m, ±7 floors. Linked by address, not a title deed.
3 establishment units
Leuvensesteenweg 510, 1930 Zaventem
since 19992.016.947.526
Rue des Martyrs, Lins. 2, 1357 Hélécine
since 20132.369.030.703
Zeedijk-Albertstrand 481, 8300 Knokke-Heist
since 20232.369.030.802
3 parcels
Flanders
2
(66.7%)
Wallonia
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0379/00L000 | Flanders | 7,036 m² | 1 · 1,631 m² | 9.2 m · 2 fl. |
| 31013A0001/00A000 | Flanders | 780 m² | 1 · 447 m² | 25.8 m · 7 fl. |
| 25057E0543/00M000 | Wallonia | 755 m² | 1 · 55 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0867.688.061
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AM PEINTURE
BE 0718.712.689
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Joseph MICHOTTE et Co
BE 0417.065.356
Clavier · Eq €112k
HR-Decor
BE 0462.652.584
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,664. 2,239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-1979
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
43990Other specialised construction activities
43999Specialised construction activities
45250
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
51410
52410
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.