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Lingi

Active
Private limited companyfounded 20251 yr activeHoogstraat 28, 9620 Zottegem, BelgiumKBO/BCE: BE 1026.854.767
Summary

The computed 12-month bankruptcy probability of Lingi is 2.0% (moderate). The 2025 annual accounts show negative equity (-€4,857) and a net result of -€7,357. Its solvency ranks better than 20% of 18716 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability9
Solvency20
Growth-
Track record67
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.28; short-term debt: 53% and cash: 1.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
-5.2%
Return on assets
-7.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 1 filing
Deviation from the deadline
2025
7 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 26 August 2025, Lingi was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
-€4,857
Total assets
€92,648
Net result
-€7,357
Working capital
€13,504

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €91,184
Fixed assets €28,576
Current assets €62,608
Equity and liabilities
Equity-€4,857
Debt€97,505
Equity is negative: debt (€97,505) exceeds the balance-sheet total (€92,648).
Key figures and ratios
2025 value
EBITDA
-€5,186
Cash flow
-€5,561
Solvency
-5.2%
Current ratio
1.28
Quick ratio
0.14
ROA
-7.9%
Interest coverage
-10.22
Debt
€97,505
Debt ≤ 1 year
€49,104
Debt > 1 year
€45,304
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 232 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.2% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,340 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% 1.8%
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 232 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€92,648
Formation expenses20€1,464
Fixed assets21/28€28,576
Tangible fixed assets22/27€28,576
Furniture and vehicles24€28,576
Current assets29/58€62,608
Stocks and contracts in progress3€55,551
Stocks30/36€55,551
Amounts receivable within one year40/41€6,009
Other amounts receivable41€6,009
Cash at bank and in hand54/58€1,047
Equity and liabilities
Total equity and liabilities10/49€92,648
Equity10/15-€4,857
Contributions10/11€2,500
Profit (loss) carried forward14-€7,357
Amounts payable17/49€97,505
Amounts payable after more than one year17€45,304
Financial debts170/4€45,304
Amounts payable within one year42/48€49,104
Current portion of amounts payable after more than one year42€7,974
Financial debts43€28,243
Credit institutions430/8€28,243
Trade debts44€4,841
Suppliers440/4€4,841
Other amounts payable47/48€8,046
Accrued charges and deferred income492/3€3,097
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,796
Other operating charges640/8€216
Gross operating margin9900-€4,970
Operating profit (loss)9901-€6,982
Financial income75/76B€132
Recurring financial income75€132
Financial charges65/66B€508
Recurring financial charges65€508
Profit (loss) for the period before taxes9903-€7,357
Profit (loss) for the period9904-€7,357
Profit (loss) for the period to be appropriated9905-€7,357
Appropriation of the result
Profit (loss) to be appropriated9906-€7,357

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,796
Other operating charges640/8€216
Gross operating margin9900-€4,970
Operating profit (loss)9901-€6,982
Financial income75/76B€132
Recurring financial income75€132
Financial charges65/66B€508
Recurring financial charges65€508
Profit (loss) for the period before taxes9903-€7,357
Profit (loss) for the period9904-€7,357
Profit (loss) for the period to be appropriated9905-€7,357
Line2025
Assets
Total assets20/58€92,648
Formation expenses20€1,464
Fixed assets21/28€28,576
Tangible fixed assets22/27€28,576
Furniture and vehicles24€28,576
Current assets29/58€62,608
Stocks and contracts in progress3€55,551
Stocks30/36€55,551
Amounts receivable within one year40/41€6,009
Other amounts receivable41€6,009
Cash at bank and in hand54/58€1,047
Equity and liabilities
Total equity and liabilities10/49€92,648
Equity10/15-€4,857
Contributions10/11€2,500
Profit (loss) carried forward14-€7,357
Amounts payable17/49€97,505
Amounts payable after more than one year17€45,304
Financial debts170/4€45,304
Amounts payable within one year42/48€49,104
Current portion of amounts payable after more than one year42€7,974
Financial debts43€28,243
Credit institutions430/8€28,243
Trade debts44€4,841
Suppliers440/4€4,841
Other amounts payable47/48€8,046
Accrued charges and deferred income492/3€3,097
Line2025
Profit (loss) for the period9904-€7,357
+ Depreciation and write-downs630€1,796
Operating cash flow (approximation)-€5,561

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

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Timeline · acts, filings and financial milestones

2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
707 m²
Building footprint
434 m²
Volume, LiDAR
3,233 m³
Parcel 41081A0340/00F000, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Lingi
Hoogstraat 28, 9620 ZottegemRetail trade
since 20252.377.394.081
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41081A0340/00F000
ProtectedTownscape or village viewStadskern ZottegemSource ↗
Flanders 707 m² 1 · 434 m² 14.2 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 519 companies in this sector we hold annual accounts for 266. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded26-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
47714Retail trade
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1026854767
Registered 08-09-2025

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

Register as of 30 September 2026 · Peppol Directory

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