LINOS
Open bankruptcySummary
A bankruptcy procedure is open for LINOS according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €50,164 and a net result of -€5,230.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 5 June 2025
- Supervising judge
- Kristof Emmers
- Official Gazette
- 12-06-2025 (pdf) ↗search the document for 2025/125046
Deadlines
- Provisional date payments stopped
- 16 May 2025Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 27 June 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 5 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 July 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 5 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Kristof KrolPrins Bisschopssingel 11, 3500 Hasseltk.krol@exacto-advocaten.be
- Gertjan CupersPrins Bisschopssingel 11, 3500 Hasselt- advocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Public relations and communication consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€50,164▼ 9.4%
2021 · €55,393
Total assets
€177,350▼ 6.4%
2021 · €189,487
Net result
-€5,230
2021 · €3,508
Working capital
€48,134▼ 14.1%
2021 · €56,016
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€38,341-€5,904▼ 84.6%-€7,880-€5,046▲ 36.0%
Net result€33,979-€9,401within the sector's middle half▼ 72.3%€3,508within the sector's middle half▼ 62.7%-€5,230below the sector's middle half
Equity€47,984-€51,885within the sector's middle half▲ 8.1%€55,393within the sector's middle half▲ 6.8%€50,164within the sector's middle half▼ 9.4%
Total assets€223,397-€215,036within the sector's middle half▼ 3.7%€189,487within the sector's middle half▼ 11.9%€177,350within the sector's middle half▼ 6.4%
Debt€175,413-€163,151▼ 7.0%€134,094▼ 17.8%€127,186▼ 5.2%
Working capital€69,471-€51,975▼ 25.2%€56,016▲ 7.8%€48,134▼ 14.1%
Solvency21.5%-24.1%within the sector's middle half▲ 2.6pp29.2%within the sector's middle half▲ 5.1pp28.3%within the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,046 in 2022 against €7,880 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €177,350
Fixed assets
€3,292 ▲ 415%
Current assets
€174,057 ▼ 7.8%
Equity and liabilities €177,350
Equity
€50,164 ▼ 9.4%
Debt
€127,186 ▼ 5.2%
Debt's share of the balance-sheet total rises from 70.8% to 71.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,117▲
2021 · -€7,347
Cash flow
-€4,300▼
2021 · €4,042
Current ratio
1.38▼
2021 · 1.42
Debt to equity
2.54
ROE
-10.4%▼
2021 · 6.3%
ROA
-2.9%▼
2021 · 1.9%
Interest coverage
-22.43
Debt ≤ 1 year
€125,924▼
2021 · €132,832
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €320 | €533 | €533 | €930 | ▲ 74.4% |
| Other operating charges640/8 | - | - | - | €117 | - |
| Gross operating margin9900 | €41,322 | €8,785 | -€6,938 | -€4,000 | ▲ 42.3% |
| Operating profit (loss)9901 | €38,341 | €5,904 | -€7,880 | -€5,046 | ▲ 36.0% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €7,180 | €14,432 | €11,546 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €184 | - |
| Recurring financial charges65 | €7,100 | €7,690 | €157 | €184 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €38,420 | €12,646 | €3,508 | -€5,230 | ▼ 249% |
| Income taxes67/77 | €4,442 | €3,245 | €0 | - | - |
| Profit (loss) for the period9904 | €33,979 | €9,401 | €3,508 | -€5,230 | ▼ 249% |
| Profit (loss) for the period to be appropriated9905 | €33,979 | €9,401 | €3,508 | -€5,230 | ▼ 249% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €223,397 | €215,036 | €189,487 | €177,350 | ▼ 6.4% |
| Fixed assets21/28 | €640 | €1,172 | €639 | €3,292 | ▲ 415% |
| Tangible fixed assets22/27 | €640 | €1,172 | €639 | €3,292 | ▲ 415% |
| Furniture and vehicles24 | - | - | - | €3,292 | - |
| Current assets29/58 | €222,757 | €213,864 | €188,848 | €174,057 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €222,148 | €213,256 | €187,423 | €170,136 | ▼ 9.2% |
| Trade receivables40 | - | - | - | €143,519 | - |
| Other amounts receivable41 | - | - | - | €26,616 | - |
| Cash at bank and in hand54/58 | €207 | €45 | €862 | €3,922 | ▲ 355% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €223,397 | €215,036 | €189,487 | €177,350 | ▼ 6.4% |
| Equity10/15 | €47,984 | €51,885 | €55,393 | €50,164 | ▼ 9.4% |
| Contributions10/11 | - | - | - | €18,600 | - |
| Reserves13 | €82,944 | €82,944 | €32,888 | €32,888 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - |
| Tax-exempt reserves132 | - | - | - | €31,029 | - |
| Profit (loss) carried forward14 | -€55,419 | -€51,518 | €3,905 | -€1,324 | ▼ 134% |
| Amounts payable17/49 | €175,413 | €163,151 | €134,094 | €127,186 | ▼ 5.2% |
| Amounts payable within one year42/48 | €153,286 | €161,889 | €132,832 | €125,924 | ▼ 5.2% |
| Trade debts44 | €31,067 | €35,610 | €27,722 | €20,697 | ▼ 25.3% |
| Suppliers440/4 | - | - | - | €20,697 | - |
| Advances received on contracts in progress46 | - | - | - | €76,694 | - |
| Taxes, remuneration and social security45 | - | - | - | €28,533 | - |
| Taxes450/3 | - | - | - | €28,533 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,262 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,979 | €9,401 | €3,508 | -€5,230 | ▼ 249% |
| + Depreciation and write-downs630 | €320 | €533 | €533 | €930 | ▲ 74.4% |
| Operating cash flow (approximation) | €34,299 | €9,934 | €4,042 | -€4,300 | ▼ 206% |
| Investment in fixed assets (approximation) | - | -€1,065 | €0 | -€3,583 | - |
| Change in cash | - | -€162 | €817 | €3,060 | ▲ 274% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 05-06-2025
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 207 days late
2022
31-03
Financial
Weakest financial yearnet -€5,230
Net result drops to -€5,230, the lowest in the series.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
04-12
KBO administration
Strikeout withdrawal
event 09-11-2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 375 days late
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 740 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2011
22-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 22 days late
2010
30-11
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 30 days late
2009
30-11
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Bree · 1 establishment unit since 2000
Ground area
2,505 m²
Building footprint
246 m²
Volume, LiDAR
1,294 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bruglaan 13, 3960 Bree
since 20002.053.912.048
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B1159/00W000 | Flanders | 2,173 m² | 1 · 109 m² | 11.0 m · 3 fl. |
| 72004B1159/00V000 | Flanders | 332 m² | 1 · 137 m² | 5.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTOF KROL PRINS BISSCHOPSSINGEL 11,
3500 HASSELT |
05-06-2025 → present |
| Curator | GERTJAN CUPERS PRINS BISSCHOPSSINGEL 11, 3500 HASSELT- g.cupers@exacto-
advocaten.be |
05-06-2025 → present |
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,487 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-1991
Fiscal year end31-03
Activities, NACEBEL 2025
73300Public relations and communication consultancy
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.