LINOAR

Active

Private limited companyfounded 20178 yrs activeRue Jean Volders 139, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0681.982.056

LINOAR has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €75k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2024

56 / 100

Fair▼ -3 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency13▲+12

Growth78▲+20

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity short (current ratio 0.9 against 0.46 in 2023), and 93.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

6.8%

Return on assets

13%

Age of the figures

20 mo

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 comparison

Position among 37971 sector peers

Solvency

better than 12%

← weakest strongest →

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €39k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-01-2026, 159 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

159 d late

2023

19 d late

2022

64 d late

2021

125 d early

← before the deadline after the deadline →

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 2024, micro schema

Turnover

€130k

EBIT margin

29.0%

Net result

€75k▲ 164%

2023 · €28k

2021: €27k 2022: €-20k 2023: €28k

2021 → 2024

Working capital

€-12k▲ 72.5%

2023 · €-45k

2021: €26k 2022: €-15k 2023: €-45k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€130k

Equity€26k-€6k▼ 77.6%€9k▲ 55.4%€39k▲ 324%

Operating result€33k-€-13k€38k€85k▲ 125%

Net result€27k-€-20k€28k€75k▲ 164%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 125% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €572k

81.2%

18.8%

Fixed assets €465k▲ 23.2%

Current assets €107k▲ 183%

Equity and liabilities €572k

93.2%

Equity €39k▲ 324%

Debt €534k▲ 31.4%

The debt ratio falls from 97.8% to 93.2%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€108k▲

2023 · €64k

Cash flow

€98k▲

2023 · €54k

Solvency

6.8%▲

2023 · 2.2%

Current ratio

0.90▲

2023 · 0.46

Quick ratio

0.90▲

2023 · 0.46

Debt / equity

13.81▼

2023 · 44.57

ROE

192.9%▼

2023 · 310.0%

ROA

13.0%▲

2023 · 6.8%

Interest coverage

11.36▲

2023 · 6.87

Debt

€534k▲

2023 · €406k

Debt ≤ 1 year

€120k▲

2023 · €83k

Debt > 1 year

€414k▲

2023 · €323k

Income taxes

€545▲

2023 · €83

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€415k€572k▲

Fixed assets21/28€377k€465k▲

Tangible fixed assets22/27€377k€465k▲

Land and buildings22€350k€333k▼

Plant, machinery and equipment23€27k€129k▲

Furniture and vehicles24€0€2k▲

Current assets29/58€38k€107k▲

Amounts receivable within one year40/41€30k€63k▲

Trade receivables40€30k€63k▲

Other amounts receivable41€0-

Cash at bank and in hand54/58€8k€44k▲

Deferred charges and accrued income490/1-€66

Equity and liabilities

Total equity and liabilities10/49€415k€572k▲

Equity10/15€9k€39k▲

Contributions10/11€0-

Capital10€0-

Issued capital100€0-

Uncalled capital101€0-

Reserves13€8k€8k=

Non-distributable reserves130/1€2k€2k=

Legal reserve130€2k€2k=

Distributable reserves133€6k€6k=

Profit (loss) carried forward14€1k€31k▲

Amounts payable17/49€406k€534k▲

Amounts payable after more than one year17€323k€414k▲

Financial debts170/4€323k€414k▲

Amounts payable within one year42/48€83k€120k▲

Current portion of amounts payable after more than one year42€14k€15k▲

Trade debts44€3k€1k▼

Suppliers440/4€3k€1k▼

Taxes, remuneration and social security45€1k€17k▲

Taxes450/3€1k€17k▲

Remuneration and social security454/9€0-

Other amounts payable47/48€65k€86k▲

Accrued charges and deferred income492/3€0-

Income statement Code20232024

Turnover70€130k-

Goods, raw materials, services and sundry goods60/61€60k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€24k▼

Other operating charges640/8€6k€8k▲

Non-recurring operating charges66A-€600

Gross operating margin9900€69k€117k▲

Operating profit (loss)9901€38k€85k▲

Financial charges65/66B€9k€10k▲

Recurring financial charges65€9k€10k▲

Profit (loss) for the period before taxes9903€28k€75k▲

Income taxes67/77€83€545▲

Profit (loss) for the period9904€28k€75k▲

Profit (loss) for the period to be appropriated9905€28k€75k▲

Appropriation of the result

Profit (loss) to be appropriated9906€26k€76k▲

Profit (loss) brought forward from the previous period14P€-2k€1k▲

Profit to be distributed694/7€25k€45k▲

Directors or managers695€25k€45k▲

The notes to these accounts (5 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

All 7Financial 3Filings 4

2026

06-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 159 days late

2024

31-12

Financial Highest result since 2021net €75k ▲164%

Operating result €85k, net result €75k, both a record.

19-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 19 days late

2023

31-12

Financial Back to profitnet €28k

Net result €28k after one loss-making year.

03-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 64 days late

2022

31-12

Financial Weakest financial yearnet €-20k ▼175%

Net result drops to €-20k, the lowest in the series; recovery starts the following year.

28-03

NBB filing Annual accounts filed

fiscal year 2021 · 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, Braine-l'Alleud · 1 establishment unit since 2017

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.

Rue Jean Volders 1391420 Braine-l'Alleud

Ground area

3,234 m²

Building footprint

114 m²

Volume, LiDAR

900 m³

2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Linoar

Chemin des Messes 10, 1380 LasneBusiness consulting

since 20172.268.579.184

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25076G0573/00L000	Wallonia	3,164 m²	1 · 64 m²	8.0 m · 2 fl.
25742H0820/00_000	Wallonia	70 m²	1 · 50 m²	11.2 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Haico Doms

BE 0792.742.101

Boom · Eq €39k

FOCUS IMPACT CONSULTING

Herk-de-Stad · Eq €39k

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 36,346 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded02-10-2017

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

74909Other professional, scientific and technical activities

74999Other professional, scientific and technical activities

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 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.