LINK2LINK
ActiveThe computed 12-month bankruptcy probability of LINK2LINK is 2.2% (moderate). The 2024 annual accounts show equity of €42k and a net result of €261k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 37971 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency8▼-27
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.57 in 2023), and 94.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 37971 sector peers (2024).
NBB · sector comparisonPosition among 37971 sector peers
Solvency
better than 12%
← weakest
strongest →
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 07-07-2025, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
84 d early
2022
42 d early
2021
25 d early
2020
33 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€261k
2023 · €-282k
2018: €34k
2019: €1k
2020: €2k
2021: €6k
2022: €11k
2023: €-282k
2018 → 2024
Working capital
€-216k▲ 26.7%
2023 · €-294k
2018: €-128k
2019: €-74k
2020: €-108k
2021: €-56k
2022: €-63k
2023: €-294k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€52k▲ 1,572%€63k▲ 20.9%€-219k€42k
Operating result€22k-€9k▼ 57.9%€26k▲ 183%€-280k€262k
Net result€2k-€6k▲ 249%€11k▲ 75.6%€-282k€261k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €262k after a loss of €280k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €759k
Fixed assets
€258k▲ 242%
Current assets
€501k▲ 29.9%
Equity and liabilities €759k
Equity
€42k
Debt
€717k
Debt finances 94.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€307k▲
2023 · €-228k
Cash flow
€306k▲
2023 · €-230k
Solvency
5.6%▲
2023 · -47.5%
Current ratio
0.70▲
2023 · 0.57
Quick ratio
0.70▲
2023 · 0.57
Debt / equity
17.00▲
2023 · -3.10
ROE
619.5%▲
2023 · 128.8%
ROA
34.4%▲
2023 · -61.2%
Interest coverage
383.61▲
2023 · -131.18
Debt
€717k▲
2023 · €680k
Debt ≤ 1 year
€717k▲
2023 · €680k
Income taxes
€0▼
2023 · €587
Staff costs
€94k▼
2023 · €168k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€461k€759k▲
Fixed assets21/28€75k€258k▲
Intangible fixed assets21€18k€214k▲
Tangible fixed assets22/27€33k€20k▼
Plant, machinery and equipment23€25k€18k▼
Furniture and vehicles24€3k€357▼
Other tangible fixed assets26€5k€1k▼
Financial fixed assets28€24k€24k=
Current assets29/58€386k€501k▲
Amounts receivable within one year40/41€267k€381k▲
Trade receivables40€229k€369k▲
Other amounts receivable41€38k€12k▼
Cash at bank and in hand54/58€70k€119k▲
Deferred charges and accrued income490/1€49k€924▼
Equity and liabilities
Total equity and liabilities10/49€461k€759k▲
Equity10/15€-219k€42k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1k€6k▲
Non-distributable reserves130/1€1k€6k▲
Legal reserve130€1k€6k▲
Profit (loss) carried forward14€-282k€-25k▲
Amounts payable17/49€680k€717k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€680k€717k▲
Current portion of amounts payable after more than one year42€852€0▼
Trade debts44€505k€537k▲
Suppliers440/4€505k€537k▲
Taxes, remuneration and social security45€11k€18k▲
Taxes450/3€587€10k▲
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48€163k€163k=
Income statement
Code20232024
Non-recurring operating income76A€2k€2k▲
Remuneration, social security and pensions62€168k€94k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€45k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€26k
Other operating charges640/8€0-
Non-recurring operating charges66A€33€0▼
Gross operating margin9900€-60k€427k▲
Operating profit (loss)9901€-280k€262k▲
Financial income75/76B€0€21▲
Recurring financial income75€0€21▲
Financial charges65/66B€2k€800▼
Recurring financial charges65€2k€800▼
Profit (loss) for the period before taxes9903€-282k€261k▲
Income taxes67/77€587€0▼
Profit (loss) for the period9904€-282k€261k▲
Profit (loss) for the period to be appropriated9905€-282k€261k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-282k€-20k▲
Profit (loss) brought forward from the previous period14P€467€-282k▼
Transfer to equity691/2€0€5k▲
To the legal reserve6920€0€5k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €261k
Net result €261k after one loss-making year.
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-282k ▼2691%
Net result drops to €-282k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 72 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ukkel · 1 establishment unit since 2016
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.
Ruisbroeksesteenweg 761180 UkkelGround area
2,345 m²
Building footprint
748 m²
Volume, LiDAR
10,917 m³
Parcel 21616G0001/00G000, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LINK2LINK
since 20162.252.074.635
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0001/00G000 | Brussels | 2,345 m² | 1 · 748 m² | 18.5 m · 5 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.
Similar companies · same sector, comparable size
JAM&SAB
BE 0748.723.994
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LIEGE TELECOM
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THE PROJECT ENGINEERING COMPANY
BE 0475.397.493
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FIBERBROKER
BE 0649.404.805
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Voiped Telecom
BE 0716.820.694
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Of 1,369 companies in sector 61100 we hold annual accounts for 579. 378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-02-2016
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.