Overdue debts
€48,404 on 31-12-2025
The annual accounts state €38,600 of overdue tax debts and €9,804 of overdue social security (RSZ) debts on 31-12-2025.
LINNAEUS
Lifetime
10 annual accounts with figures on one time axispeak €535,872 (2022)
€334,197▼ 21.2%
lowest -€132,971 (2023)
€6,290▲ €19,519
peak €29,001 (2016)
-€137,912▲ €6,290
€1.0m▼ 5.4%
peak 7.5 FTE (2022)
3.5 FTE▼ 27.1%
Board3 names since 2015
-
Documentsfilings and deeds
22-06-202639 days before the deadline
2025abbreviated format
Gross margin from €424,126 to €334,197Back to profit: €6,290Staff from 4.8 FTE to 3.5 FTECash from €10,952 to €30,033
Key points
from the 2025 annual accountsEquity
-€137,912
Debts exceed assets in financial year 2025.
Debts
€1.0m 116% of the balance sheet
Financial debts 61%Suppliers 7%Taxes and wages 8%Other 23%
€604,951 of the debts are secured on the company's own assets. In 2021 that was €222,431.
Staff
3.5 FTE from 7.5 in 2022
Between 2022 and 2025, 53% of the full-time equivalents disappeared.
Filings
10 annual accounts 2 late
The 2018 accounts came latest: 28 days after the end of the period.
Position in the sector
-15.6%
Lower solvency than 95% of companies in building services and landscaping. Sector median 41.8% · 1,414 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,380 companies had the same profile as LINNAEUS has now. Each dot stands for 4 companies, two years later.
94.2%
were still trading
3.3%
stopped another way
2.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,380 companies, not a prediction for LINNAEUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardManager, until 2024
Director, last mentioned in 2024
- founderdeed of 14-10-2015
- founderdeed of 14-10-2015
Recent changes
2 directors appointed, 1 resignation
Resignation: · Appointments: and (successor director) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0640853957
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Wevelgem
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen and 2 more · Wevelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINNAEUS Wevelgem | €0.9m | €334,197 | -15.6% | 3.5 |
| Tuinen Vandenberghe Christophe Jabbeke | €0.9m | €343,299 | 28.3% | 3.6 |
| DEQUEECKER TUINPROJECTEN Lo-Reninge | €0.8m | €318,553 | 27.9% | 3.6 |
| Belacasa Zedelgem | €1.0m | €305,658 | 61.3% | 2.8 |
| JAN BELAEN Tielt | €1.0m | €478,895 | 20.2% | 4.6 |
| TUINEN DECOCK Roeselare | €0.6m | €287,083 | 45.9% | 3.8 |
| MARTENS TUINEN Hoogstraten | €1.0m | €397,262 | 32.1% | 3 |
These companies have the same main activity as LINNAEUS: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €566,000 and €1m, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 12-10-2015Normal situation
- Activity
- Landscape service activitiesNACE 81300and 1 other
- Joint committees
- 145Horticulture
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.247.135.1578560 Wevelgem, since 12-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €660,000estimated
- €885,474▼ 5.5%
- Employeeson 31-12-2025
- 5▲ 25.0%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on LINNAEUS
LINNAEUS files the abbreviated format. That format states no turnover. The gross margin rose from €306,188 in 2016 to €334,197 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINNAEUS
- What is the company number of LINNAEUS?
- The company number of LINNAEUS is 0640.853.957. The VAT number is the same number with BE in front: BE 0640.853.957.
- Where is LINNAEUS based?
- The registered office is at Menenstraat 356, 8560 Wevelgem.Company details
- What does LINNAEUS do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of LINNAEUS?
- LINNAEUS is a private limited company (BV).
- When was LINNAEUS founded?
- LINNAEUS was founded on 12-10-2015.
- Is LINNAEUS still active?
- Yes, LINNAEUS is an active enterprise in the KBO register.
- How many employees does LINNAEUS have?
- LINNAEUS had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LINNAEUS fall under?
- In its 2025 annual accounts, LINNAEUS states joint committees 145 (Horticulture) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LINNAEUS?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €334,197 and 51 comparable companies (NACE 81). It probably lies between €450,000 and €1.0m.
- Is LINNAEUS profitable?
- In financial year 2025, LINNAEUS made a profit of €6,290.
- Where can I find the annual accounts of LINNAEUS?
- LINNAEUS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LINNAEUS due?
- LINNAEUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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