Summary
LINK2 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €764,071 and a net result of €16,808. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 1495 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
84 d early
2023
on the day
2022
38 d early
2021
18 d early
2020
26 d early
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 oldest company in Aalter, Finance and insurance sector
Equity
€764,071▲ 2.2%
2024 · €747,263
Net result
€16,808▼ 57.1%
2024 · €39,196
Total assets
€885,586=
2024 · €885,605
Solvency
86.3%▲ 1.9pp
2024 · 84.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€10,932▼ 5.8%€63,676€40,406▼ 36.5%€57,799▲ 43.0%€25,575▼ 55.8%
Net result-€8,002below the sector's middle half▼ 7.7%€47,696within the sector's middle half€26,394within the sector's middle half▼ 44.7%€39,196within the sector's middle half▲ 48.5%€16,808within the sector's middle half▼ 57.1%
Equity€599,200within the sector's middle half▼ 1.3%€646,896within the sector's middle half▲ 8.0%€708,067within the sector's middle half▲ 9.5%€747,263within the sector's middle half▲ 5.5%€764,071above the sector's middle half▲ 2.2%
Total assets€779,764within the sector's middle half▼ 1.7%€826,045within the sector's middle half▲ 5.9%€844,301within the sector's middle half▲ 2.2%€885,605within the sector's middle half▲ 4.9%€885,586within the sector's middle half=
Debt€53,721▼ 1.7%€56,636▲ 5.4%€52,158▼ 7.9%€57,926▲ 11.1%€44,759▼ 22.7%
Working capital€156,087▲ 8.5%€217,219▲ 39.2%€195,241▼ 10.1%€240,084▲ 23.0%€256,150▲ 6.7%
Solvency76.8%above the sector's middle half▲ 0.3pp78.3%above the sector's middle half▲ 1.5pp83.9%above the sector's middle half▲ 5.6pp84.4%above the sector's middle half▲ 0.5pp86.3%above the sector's middle half▲ 1.9pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €885,586
Fixed assets
€619,177 ▼ 0.5%
Current assets
€266,409 ▲ 1.1%
Equity and liabilities €885,586
Equity
€764,071 ▲ 2.2%
Provisions
€76,756 ▼ 4.6%
Debt
€44,759 ▼ 22.7%
Debt's share of the balance-sheet total falls from 6.5% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.2%▼
2024 · 5.2%
ROA
1.9%▼
2024 · 4.4%
Debt ≤ 1 year
€10,259▼
2024 · €23,426
Debt > 1 year
€34,500=
2024 · €34,500
Income taxes
€13,337▼
2024 · €24,007
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,368 | €24,429 | €33,322 | €41,529 | €45,456 | ▲ 9.5% |
| Other operating charges640/8 | €2,673 | €3,460 | €4,618 | €4,599 | €5,251 | ▲ 14.2% |
| Gross operating margin9900 | €20,110 | €91,565 | €78,345 | €103,927 | €76,282 | ▼ 26.6% |
| Operating profit (loss)9901 | -€10,932 | €63,676 | €40,406 | €57,799 | €25,575 | ▼ 55.8% |
| Financial income75/76B | - | - | €2,770 | €4,566 | €4,331 | ▼ 5.2% |
| Recurring financial income75 | - | - | €2,770 | €4,566 | €4,331 | ▼ 5.2% |
| Financial charges65/66B | €1,401 | €2,006 | €2,896 | €2,823 | €3,421 | ▲ 21.2% |
| Recurring financial charges65 | €1,401 | €2,006 | €2,896 | €2,823 | €3,421 | ▲ 21.2% |
| Profit (loss) for the period before taxes9903 | -€12,332 | €61,670 | €40,280 | €59,543 | €26,485 | ▼ 55.5% |
| Transfer from deferred taxes780 | €4,330 | €4,330 | €3,660 | €3,660 | €3,660 | = |
| Income taxes67/77 | - | €18,305 | €17,545 | €24,007 | €13,337 | ▼ 44.4% |
| Profit (loss) for the period9904 | -€8,002 | €47,696 | €26,394 | €39,196 | €16,808 | ▼ 57.1% |
| Transfer from tax-exempt reserves789 | €10,309 | €10,309 | €10,980 | €10,980 | €10,980 | = |
| Profit (loss) for the period to be appropriated9905 | €2,307 | €58,005 | €37,374 | €50,175 | €27,788 | ▼ 44.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €779,764 | €826,045 | €844,301 | €885,605 | €885,586 | = |
| Fixed assets21/28 | €604,457 | €586,689 | €631,402 | €622,095 | €619,177 | ▼ 0.5% |
| Tangible fixed assets22/27 | €604,457 | €586,689 | €631,402 | €622,095 | €619,177 | ▼ 0.5% |
| Land and buildings22 | €604,457 | €586,689 | €561,941 | €561,956 | €565,618 | ▲ 0.7% |
| Plant, machinery and equipment23 | - | - | €2,357 | €5,192 | €14,284 | ▲ 175% |
| Furniture and vehicles24 | - | - | €67,104 | €54,947 | €39,275 | ▼ 28.5% |
| Current assets29/58 | €175,308 | €239,356 | €212,899 | €263,510 | €266,409 | ▲ 1.1% |
| Amounts receivable within one year40/41 | - | - | €11,535 | €7,071 | €8,012 | ▲ 13.3% |
| Trade receivables40 | - | - | €2,189 | €4,468 | €2,350 | ▼ 47.4% |
| Other amounts receivable41 | - | - | €9,346 | €2,603 | €5,662 | ▲ 118% |
| Current investments50/53 | - | - | €150,000 | €200,000 | €160,471 | ▼ 19.8% |
| Cash at bank and in hand54/58 | €175,308 | €239,356 | €48,939 | €54,417 | €96,046 | ▲ 76.5% |
| Deferred charges and accrued income490/1 | - | - | €2,424 | €2,022 | €1,880 | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €779,764 | €826,045 | €844,301 | €885,605 | €885,586 | = |
| Equity10/15 | €599,200 | €646,896 | €708,067 | €747,263 | €764,071 | ▲ 2.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €578,737 | €626,428 | €687,226 | €727,247 | €743,267 | ▲ 2.2% |
| Non-distributable reserves130/1 | €2,000 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €238,737 | €228,428 | €252,226 | €241,247 | €230,267 | ▼ 4.6% |
| Distributable reserves133 | €338,000 | €398,000 | €435,000 | €486,000 | €513,000 | ▲ 5.6% |
| Profit (loss) carried forward14 | €463 | €468 | €841 | €17 | €804 | ▲ 4,716% |
| Provisions and deferred taxes16 | €126,843 | €122,513 | €84,075 | €80,416 | €76,756 | ▼ 4.6% |
| Deferred taxes168 | €126,843 | €122,513 | €84,075 | €80,416 | €76,756 | ▼ 4.6% |
| Amounts payable17/49 | €53,721 | €56,636 | €52,158 | €57,926 | €44,759 | ▼ 22.7% |
| Amounts payable after more than one year17 | €34,500 | €34,500 | €34,500 | €34,500 | €34,500 | = |
| Financial debts170/4 | €34,500 | €34,500 | €34,500 | €34,500 | €34,500 | = |
| Amounts payable within one year42/48 | €19,221 | €22,136 | €17,658 | €23,426 | €10,259 | ▼ 56.2% |
| Trade debts44 | €1,289 | €1,953 | €742 | €11,800 | €2,023 | ▼ 82.9% |
| Suppliers440/4 | €1,289 | €1,953 | €742 | €11,800 | €2,023 | ▼ 82.9% |
| Taxes, remuneration and social security45 | €420 | €3,895 | €4,557 | €5,939 | €3,620 | ▼ 39.0% |
| Taxes450/3 | €420 | €3,895 | €4,557 | €5,939 | €3,620 | ▼ 39.0% |
| Other amounts payable47/48 | €17,511 | €16,288 | €12,359 | €5,688 | €4,616 | ▼ 18.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,002 | €47,696 | €26,394 | €39,196 | €16,808 | ▼ 57.1% |
| + Depreciation and write-downs630 | €28,368 | €24,429 | €33,322 | €41,529 | €45,456 | ▲ 9.5% |
| Operating cash flow (approximation) | €20,366 | €72,124 | €59,716 | €80,724 | €62,264 | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | -€6,661 | -€78,034 | -€32,222 | -€42,538 | ▼ 32.0% |
| Change in cash | - | €64,048 | -€190,416 | €5,477 | €41,629 | ▲ 660% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 25.97
Current ratio from 11.25 to 25.97; short-term debt falls from €23,426 to €10,259.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €47,696
Net result €47,696 after 4 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Aalter · 1 establishment unit since 1987
Ground area
3,831 m²
Building footprint
274 m²
Volume, LiDAR
1,363 m³
Parcel 44503H0203/02B000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LINK2
since 19872.034.087.129
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0203/02B000 | Flanders | 3,831 m² | 1 · 274 m² | 8.5 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.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,220. 2,354 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
65121Insurance, reinsurance and pension funding, except compulsory social security
66199Other activities auxiliary to financial services, excluding insurance and pension funding
66290Activities auxiliary to financial services and insurance activities
66300Activities auxiliary to financial services and insurance activities
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.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.