Linhove
ActiveLinhove has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.75M and a net result of €-295k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-74
Solvency100▲+11
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 11.36 against 0.58 in 2024; short-term debt: 0.8% and cash: 4.9% of total assets), and 1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
99%
Return on assets
-7.8%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 20-03-2026, 102 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
102 d early
2024
105 d early
2023
112 d early
2022
118 d early
2021
82 d early
2020
3 d early
2019
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€3.75M▼ 19.3%
2024 · €4.64M
2019: €3.94M
2020: €3.91M
2021: €3.76M
2022: €4.63M
2023: €4.81M
2024: €4.64M
2019 → 2025
Total assets
€3.79M▼ 48.2%
2024 · €7.31M
2019: €3.94M
2020: €3.92M
2021: €7.73M
2022: €7.99M
2023: €7.16M
2024: €7.31M
2019 → 2025
Net result
€-295k
2024 · €829k
2019: €-57k
2020: €-31k
2021: €-154k
2022: €870k
2023: €187k
2024: €829k
2019 → 2025
Working capital
€303k
2024 · €-1.10M
2019: €3.94M
2020: €3.91M
2021: €6.30M
2022: €7.67M
2023: €6.85M
2024: €-1.10M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.76M-€4.63M▲ 23.2%€4.81M▲ 4.0%€4.64M▼ 3.5%€3.75M▼ 19.3%
Operating result€-117k-€1.11M€291k▼ 73.7%€1.13M▲ 289%€-191k
Net result€-154k-€870k€187k▼ 78.5%€829k▲ 344%€-295k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €191k after €1.13M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.79M
Fixed assets
€3.45M▼ 40.1%
Current assets
€333k▼ 78.4%
Equity and liabilities €3.79M
Equity
€3.75M▼ 19.3%
Debt
€39k▼ 98.5%
The debt ratio falls from 36.5% to 1.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-110k▼
2024 · €1.18M
Cash flow
€-215k▼
2024 · €877k
Solvency
99.0%▲
2024 · 63.5%
Current ratio
11.36▲
2024 · 0.58
Quick ratio
11.36▲
2024 · 0.58
Debt / equity
0.01▼
2024 · 0.57
ROE
-7.9%▼
2024 · 17.9%
ROA
-7.8%▼
2024 · 11.3%
Interest coverage
-457.77▼
2024 · 41.03
Debt
€39k▼
2024 · €2.67M
Debt ≤ 1 year
€29k▼
2024 · €2.64M
Income taxes
€104k▼
2024 · €276k
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€7.31M€3.79M▼
Fixed assets21/28€5.77M€3.45M▼
Tangible fixed assets22/27€5.77M€3.45M▼
Land and buildings22€5.77M€3.45M▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.54M€333k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€1.49M€147k▼
Trade receivables40€977k€208▼
Other amounts receivable41€514k€147k▼
Cash at bank and in hand54/58€49k€184k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€7.31M€3.79M▼
Equity10/15€4.64M€3.75M▼
Contributions10/11€4.00M€4.00M=
Capital10€4.00M€4.00M=
Issued capital100€4.00M€4.00M=
Profit (loss) carried forward14€644k€-252k▼
Amounts payable17/49€2.67M€39k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€2.64M€29k▼
Current portion of amounts payable after more than one year42€1.30M€0▼
Trade debts44€335k€24k▼
Suppliers440/4€335k€24k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€1k▼
Remuneration and social security454/9€0€4k▲
Other amounts payable47/48€1.00M€0▼
Accrued charges and deferred income492/3€28k€10k▼
Income statement
Code20242025
Non-recurring operating income76A-€557k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€80k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€609k
Gross operating margin9900€1.18M€500k▼
Operating profit (loss)9901€1.13M€-191k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€29k€241▼
Recurring financial charges65€29k€241▼
Profit (loss) for the period before taxes9903€1.11M€-191k▼
Income taxes67/77€276k€104k▼
Profit (loss) for the period9904€829k€-295k▼
Profit (loss) for the period to be appropriated9905€829k€-295k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.64M€348k▼
Profit (loss) brought forward from the previous period14P€815k€644k▼
Profit to be distributed694/7€1.00M€600k▼
Return on contributions (dividend)694€1.00M€600k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-11
Financial
Weakest financial yearnet €-295k ▼136%
Net result drops to €-295k, the lowest in the series.
30-11
Financial
Liquidity times 19current ratio 11.36
Current ratio from 0.58 to 11.36; short-term debt falls from €2.64M to €29k.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €870k
Net result €870k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 25.29
Current ratio from 7.75 to 25.29; short-term debt falls from €933k to €316k.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brasschaat · 1 establishment unit since 2018
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.
Frilinglei 1132930 BrasschaatGround area
5,575 m²
Building footprint
398 m²
Volume, LiDAR
2,620 m³
Parcel 11322E0035/00M000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Linhove
since 20182.287.139.937
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0035/00M000 | Flanders | 5,575 m² | 1 · 398 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,013 companies in sector 85592 we hold annual accounts for 987. 269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-12-2018
Fiscal year end30-11
Activities, NACEBEL
85592Vocational training
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000