Link Office
ActiveSummary
Link Office has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.50M and a net result of €17k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 289 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability23▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 21.5 against 17.44 in 2023; short-term debt: 2.9% and cash: 17.7% of total assets), and 7.4% of the assets are financed with debt.
Credit check 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 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.6%
Return on assets
0.4%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
140 d late
2021
131 d late
2020
116 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k
2023 · €-24k
2018: €304k
2019: €454k
2020: €197k
2021: €356k
2022: €912k
2023: €-24k
2018 → 2024
Working capital
€2.27M▲ 0.2%
2023 · €2.27M
2018: €1.99M
2019: €2.40M
2020: €1.71M
2021: €1.65M
2022: €2.06M
2023: €2.27M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.63M-€2.99M▲ 13.5%€3.50M▲ 17.1%€3.48M▼ 0.7%€3.50M▲ 0.5%
Operating result€263k-€488k▲ 85.4%€-2k€-25k▼ 1,116%€2k
Net result€197k-€356k▲ 80.9%€912k▲ 156%€-24k€17k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.77M
Fixed assets
€1.39M ▼ 6.3%
Current assets
€2.39M ▼ 0.9%
Equity and liabilities €3.77M
Equity
€3.50M ▲ 0.5%
Debt
€279k ▼ 32.1%
Debt's share of the balance-sheet total falls from 10.6% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▲
2023 · €1k
Cash flow
€17k▲
2023 · €2k
Current ratio
21.50▲
2023 · 17.44
Debt to equity
0.08▼
2023 · 0.12
ROE
0.5%▲
2023 · -0.7%
ROA
0.4%▲
2023 · -0.6%
Interest coverage
0.49▲
2023 · 0.14
Debt ≤ 1 year
€111k▼
2023 · €138k
Debt > 1 year
€168k▼
2023 · €273k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.89M€3.77M▼
Fixed assets21/28€1.48M€1.39M▼
Tangible fixed assets22/27€99k€6k▼
Land and buildings22€41k€6k▼
Plant, machinery and equipment23€15k-
Furniture and vehicles24€44k-
Financial fixed assets28€1.38M€1.38M=
Current assets29/58€2.41M€2.39M▼
Amounts receivable within one year40/41€947k€1.72M▲
Trade receivables40€191k€26k▼
Other amounts receivable41€756k€1.69M▲
Cash at bank and in hand54/58€1.46M€668k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€3.89M€3.77M▼
Equity10/15€3.48M€3.50M▲
Contributions10/11€100k€100k=
Reserves13€639k€639k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€84k€84k=
Distributable reserves133€545k€545k=
Profit (loss) carried forward14€2.74M€2.76M▲
Amounts payable17/49€411k€279k▼
Amounts payable after more than one year17€273k€168k▼
Financial debts170/4€273k€168k▼
Amounts payable within one year42/48€138k€111k▼
Current portion of amounts payable after more than one year42€104k€105k▲
Trade debts44€711€6k▲
Suppliers440/4€711€6k▲
Taxes, remuneration and social security45€33k-
Taxes450/3€27k-
Remuneration and social security454/9€7k-
Income statement
Code20232024
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€100k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€655▼
Other operating charges640/8€80-
Gross operating margin9900€101k€3k▼
Operating profit (loss)9901€-25k€2k▲
Financial income75/76B€9k€20k▲
Recurring financial income75€9k€20k▲
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€-24k€17k▲
Profit (loss) for the period9904€-24k€17k▲
Profit (loss) for the period to be appropriated9905€-24k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.74M€2.76M▲
Profit (loss) brought forward from the previous period14P€2.76M€2.74M▼
Social balance
Average headcount (FTE)90876.00.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-24k ▼103%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 17.44
Current ratio from 4.63 to 17.44; short-term debt falls from €567k to €138k.
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 140 days late
2022
31-12
Financial
Highest result since 2018net €912k ▲156%
Net result €912k, the highest in the series.
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 131 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 116 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dison · 2 establishment units since 2011
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 Zénobe Gramme 394821 DisonGround area
2.5 ha
Building footprint
1,601 m²
Volume, LiDAR
12,784 m³
2 parcels, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Olsen Engineering
since 20112.199.151.732
Olsen Engineering Charleroi
since 20112.199.151.930
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63002A0099/00H000 | Wallonia | 2.1 ha | 1 · 176 m² | 7.9 m · 2 fl. |
| 52049C0878/00R003 | Wallonia | 4,365 m² | 1 · 1,425 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
28220Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
46644Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.