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LINOA

Active
Private limited companyfounded 20169 yrs activeArthur Van Laethemstraat 1, 9050 Gent, BelgiumKBO/BCE: BE 0664.882.243

LINOA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €24k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-12
Solvency89▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 17.13 in 2024; short-term debt: 36.1% and cash: 30% of total assets), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 2025
Solvency, return and age of the figures
Solvency
63.9%
Return on assets
7.1%
Age of the figures
12 mo
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 11-04-2026, 19 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
19 d early
2024
35 d early
2023
36 d early
2022
39 d early
2021
37 d early
2020
36 d early
2019
30 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
20-09-2026 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
€219k▼ 1.1%
2024 · €222k
2018: €39k 2019: €86k 2020: €112k 2021: €175k 2022: €181k 2023: €181k 2024: €222k
2018 → 2025
Total assets
€343k▲ 47.3%
2024 · €233k
2018: €117k 2019: €145k 2020: €159k 2021: €217k 2022: €549k 2023: €383k 2024: €233k
2018 → 2025
Net result
€24k▼ 39.8%
2024 · €40k
2018: €27k 2019: €47k 2020: €27k 2021: €63k 2022: €266k 2023: €170k 2024: €40k
2018 → 2025
Working capital
€64k▼ 64.6%
2024 · €182k
2018: €14k 2019: €46k 2020: €85k 2021: €150k 2022: €162k 2023: €151k 2024: €182k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€175k-€181k▲ 3.5%€181k▲ 0.2%€222k▲ 22.2%€219k▼ 1.1%
Operating result€86k-€355k▲ 313%€218k▼ 38.4%€52k▼ 76.2%€39k▼ 25.6%
Net result€63k-€266k▲ 325%€170k▼ 36.0%€40k▼ 76.4%€24k▼ 39.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2021: €86k€86kNet result 2021: €63k€63kOperating result 2022: €355k€355kNet result 2022: €266k€266kOperating result 2023: €218k€218kNet result 2023: €170k€170kOperating result 2024: €52k€52kNet result 2024: €40k€40kOperating result 2025: €39k€39kNet result 2025: €24k€24k20212022202320242025
The operating result has fallen three years in a row; 2025 is 26% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343k
Fixed assets €155k▲ 289%
Current assets €188k▼ 2.5%
Equity and liabilities €343k
Equity €219k▼ 1.1%
Debt €124k▲ 998%
The debt ratio rises from 4.8% to 36.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61k
2024 · €65k
Cash flow
€47k
2024 · €54k
Solvency
63.9%
2024 · 95.2%
Current ratio
1.52
2024 · 17.13
Quick ratio
1.48
2024 · 16.67
Debt / equity
0.56
2024 · 0.05
ROE
11.0%
2024 · 18.2%
ROA
7.1%
2024 · 17.3%
Interest coverage
20.77
2024 · 240.92
Debt
€124k
2024 · €11k
Debt ≤ 1 year
€124k
2024 · €11k
Income taxes
€11k
2024 · €16k
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€233k€343k
Fixed assets21/28€40k€155k
Tangible fixed assets22/27€40k€155k
Plant, machinery and equipment23€6k€2k
Furniture and vehicles24€34k€153k
Current assets29/58€193k€188k
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€55k€80k
Trade receivables40€19k€41k
Other amounts receivable41€36k€39k
Current investments50/53€0-
Cash at bank and in hand54/58€79k€103k
Deferred charges and accrued income490/1€54k€747
Equity and liabilities
Total equity and liabilities10/49€233k€343k
Equity10/15€222k€219k
Contributions10/11€19k€19k=
Reserves13€203k€200k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€203k€200k
Profit (loss) carried forward14€398€398=
Amounts payable17/49€11k€124k
Amounts payable within one year42/48€11k€124k
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€6k€16k
Taxes450/3€6k€13k
Remuneration and social security454/9€0€3k
Other amounts payable47/48€3k€104k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€22k
Other operating charges640/8€2k€2k
Gross operating margin9900€67k€63k
Operating profit (loss)9901€52k€39k
Financial income75/76B€5k€0
Recurring financial income75€5k€0
Financial charges65/66B€271€3k
Recurring financial charges65€271€3k
Profit (loss) for the period before taxes9903€57k€36k
Income taxes67/77€16k€11k
Profit (loss) for the period9904€40k€24k
Profit (loss) for the period to be appropriated9905€40k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€25k
Profit (loss) brought forward from the previous period14P€398€398=
Transfer from equity791/2-€27k
Transfer to equity691/2€40k€24k
To other reserves6921€40k€24k
Profit to be distributed694/7€0€27k
Return on contributions (dividend)694€0€27k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
11-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet €24k ▼39.8%
Net result drops to €24k, the lowest in the series.
26-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Liquidity times 10current ratio 17.13
Current ratio from 1.75 to 17.13; short-term debt falls from €201k to €11k.
30-09
Financial Equity above €200kEq €222k ▲22.2%
7 profitable years in a row build equity to €222k.
25-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €266k ▲325%
Operating result €355k, net result €266k, both a record.
24-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €150kEq €175k ▲55.8%
4 profitable years in a row build equity to €175k.
25-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Equity above €100kEq €112k ▲31.1%
3 profitable years in a row build equity to €112k.
31-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Gent · 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.

Arthur Van Laethemstraat 19050 Gent
Ground area
343 m²
Building footprint
104 m²
Volume, LiDAR
749 m³
Parcel 44022A0614/00F008, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LINOA
Arthur Van Laethemstraat 1, 9050 GentNACE 4511301
since 20162.257.883.054
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44022A0614/00F008 Flanders 343 m² 1 · 104 m² 10.3 m · 3 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 82,570 companies in sector 70200 we hold annual accounts for 52,573. 39,473 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-10-2016
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
95319Other maintenance and repair of motor vehicles
47730Retail sale of pharmaceutical products
73110Advertising agencies
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.