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LINO

Active
Private limited companyfounded 201610 yrs activeGrote Steenweg 58, 9340 Lede, BelgiumKBO/BCE: BE 0651.654.116

LINO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
30 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-5
Solvency11▼-14
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.38 in 2024; short-term debt: 41.5% and cash: 2.6% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-13.6%
Return on assets
-13.7%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-24k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
1 d early
2024
5 d early
2023
13 d early
2022
11 d early
2021
39 d early
2020
39 d early
2019
37 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-24k
2024 · €211
2018: €15k 2019: €-3k 2020: €14k 2021: €20k 2022: €11k 2023: €20k 2024: €211
2018 → 2025
Total assets
€176k▼ 15.0%
2024 · €206k
2018: €272k 2019: €251k 2020: €250k 2021: €244k 2022: €228k 2023: €217k 2024: €206k
2018 → 2025
Net result
€-24k▼ 21.3%
2024 · €-20k
2018: €-5k 2019: €-18k 2020: €16k 2021: €7k 2022: €-9k 2023: €-924 2024: €-20k
2018 → 2025
Working capital
€-68k▼ 55.2%
2024 · €-44k
2018: €-2k 2019: €-22k 2020: €-13k 2021: €-8k 2022: €-25k 2023: €-19k 2024: €-44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€11k▼ 46.3%€20k▲ 83.0%€211▼ 98.9%€-24k
Operating result€15k-€-4k€4k€-15k€-19k▼ 27.3%
Net result€7k-€-9k€-924▲ 90.2%€-20k▼ 2,042%€-24k▼ 21.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10k€20kOperating result 2021: €15k€15kNet result 2021: €7k€7kOperating result 2022: €-4k€-4kNet result 2022: €-9k€-9kOperating result 2023: €4k€4kNet result 2023: €-924€-924Operating result 2024: €-15k€-15kNet result 2024: €-20k€-20kOperating result 2025: €-19k€-19kNet result 2025: €-24k€-24k20212022202320242025
The operating result stays negative: a loss of €19k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets €171k▼ 4.9%
Current assets €5k▼ 82.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-12k
2024 · €-6k
Cash flow
€-16k
2024 · €-11k
Solvency
-13.6%
2024 · 0.1%
Current ratio
0.06
2024 · 0.38
Quick ratio
0.06
2024 · 0.28
Debt / equity
-8.38
ROA
-13.7%
2024 · -9.6%
Interest coverage
-3.16
2024 · -1.34
Debt
€199k
2024 · €206k
Debt ≤ 1 year
€73k
2024 · €71k
Debt > 1 year
€126k
2024 · €136k
Staff costs
€43k
2024 · €77k
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€206k€176k
Fixed assets21/28€180k€171k
Tangible fixed assets22/27€179k€171k
Land and buildings22€176k€169k
Plant, machinery and equipment23€2k€2k
Financial fixed assets28€1k€0
Current assets29/58€27k€5k
Stocks and contracts in progress3€7k-
Stocks30/36€7k-
Amounts receivable within one year40/41€6k€92
Trade receivables40€6k€92
Cash at bank and in hand54/58€13k€5k
Deferred charges and accrued income490/1€960-
Equity and liabilities
Total equity and liabilities10/49€206k€176k
Equity10/15€211€-24k
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-30k€-54k
Amounts payable17/49€206k€199k
Amounts payable after more than one year17€136k€126k
Financial debts170/4€136k€126k
Amounts payable within one year42/48€71k€73k
Current portion of amounts payable after more than one year42€14k€12k
Trade debts44€12k€15
Suppliers440/4€12k€15
Taxes, remuneration and social security45€12k€5k
Taxes450/3€2k€914
Remuneration and social security454/9€10k€5k
Other amounts payable47/48€33k€56k
Accrued charges and deferred income492/3-€240
Income statement Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€77k€43k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k
Other operating charges640/8€2k€1k
Gross operating margin9900€74k€32k
Operating profit (loss)9901€-15k€-19k
Financial income75/76B€1€394
Recurring financial income75€1€293
Non-recurring financial income76B-€101
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€4k
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€-20k€-24k
Income taxes67/77€-132-
Profit (loss) for the period9904€-20k€-24k
Profit (loss) for the period to be appropriated9905€-20k€-24k
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-54k
Profit (loss) brought forward from the previous period14P€-10k€-30k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
25-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €16k
Net result €16k after 2 loss-making years.
24-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Lede · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Grote Steenweg 589340 Lede
Ground area
802 m²
Building footprint
149 m²
Volume, LiDAR
1,073 m³
Parcel 41052E0268/00Z000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lino
Grote Steenweg 58, 9340 LedeManufacture of fabricated metal products, except machinery and equipment
since 20162.258.172.668
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41052E0268/00Z000 Flanders 802 m² 1 · 149 m² 9.4 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.

Similar companies · same sector, comparable size

Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 191 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-04-2016
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
43221Plumbing work
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.