LINOSA
ActiveLINOSA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €147k and a net result of €31k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+4
Solvency100▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 3.74 against 2.68 in 2023; short-term debt: 24.7% and cash: 6.6% of total assets), and 24.7% 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 risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 12-05-2026, 285 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
285 d late
2023
610 d late
2022
119 d late
2021
484 d late
2020
849 d late
2019
153 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€147k▲ 27.4%
2023 · €115k
2019: €28k
2020: €34k
2021: €63k
2022: €82k
2023: €115k
2019 → 2024
Total assets
€195k▲ 13.3%
2023 · €172k
2019: €138k
2020: €101k
2021: €142k
2022: €165k
2023: €172k
2019 → 2024
Net result
€31k▼ 4.9%
2023 · €32k
2019: €11k
2020: €5k
2021: €30k
2022: €19k
2023: €32k
2019 → 2024
Working capital
€132k▲ 38.3%
2023 · €96k
2019: €2k
2020: €-598
2021: €33k
2022: €58k
2023: €96k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€63k▲ 88.1%€82k▲ 30.5%€115k▲ 39.6%€147k▲ 27.4%
Operating result€12k-€38k▲ 225%€25k▼ 35.3%€40k▲ 60.1%€42k▲ 6.8%
Net result€5k-€30k▲ 464%€19k▼ 36.2%€32k▲ 66.9%€31k▼ 4.9%
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 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195k
Fixed assets
€15k▼ 25.5%
Current assets
€180k▲ 18.2%
Equity and liabilities €195k
Equity
€147k▲ 27.4%
Debt
€48k▼ 15.4%
The debt ratio falls from 33.1% to 24.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2023 · €45k
Cash flow
€36k▼
2023 · €37k
Solvency
75.3%▲
2023 · 66.9%
Current ratio
3.74▲
2023 · 2.68
Quick ratio
3.74▲
2023 · 2.68
Debt / equity
0.33▼
2023 · 0.49
ROE
20.8%▼
2023 · 27.9%
ROA
15.7%▼
2023 · 18.7%
Interest coverage
190.79
Debt
€48k▼
2023 · €57k
Debt ≤ 1 year
€48k▼
2023 · €57k
Income taxes
€12k▲
2023 · €9k
Staff costs
€107k▲
2023 · €72k
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€172k€195k▲
Fixed assets21/28€20k€15k▼
Intangible fixed assets21€20k€15k▼
Current assets29/58€152k€180k▲
Amounts receivable within one year40/41€131k€162k▲
Trade receivables40€131k€152k▲
Other amounts receivable41-€11k
Cash at bank and in hand54/58€22k€13k▼
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€172k€195k▲
Equity10/15€115k€147k▲
Contributions10/11€18k€19k▲
Capital10€18k€19k▲
Issued capital100€19k€19k=
Uncalled capital101€1k-
Profit (loss) carried forward14€97k€128k▲
Amounts payable17/49€57k€48k▼
Amounts payable within one year42/48€57k€48k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€20k€3k▼
Suppliers440/4€20k€3k▼
Taxes, remuneration and social security45€34k€45k▲
Taxes450/3€24k€35k▲
Remuneration and social security454/9€11k€10k▼
Income statement
Code20232024
Remuneration, social security and pensions62€72k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€43€1k▲
Gross operating margin9900€116k€156k▲
Operating profit (loss)9901€40k€42k▲
Financial income75/76B€2k€78▼
Recurring financial income75€2k€78▼
Financial charges65/66B-€248
Recurring financial charges65-€248
Profit (loss) for the period before taxes9903€41k€42k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€32k€31k▼
Profit (loss) for the period to be appropriated9905€32k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€128k▲
Profit (loss) brought forward from the previous period14P€65k€97k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 285 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 610 days late
2023
31-12
Financial
Highest result since 2019net €32k ▲66.9%
Net result €32k, the highest in the series.
31-12
Financial
Equity above €100kEq €115k ▲39.6%
5 profitable years in a row build equity to €115k.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
27-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 484 days late
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 849 days late
2020
31-12
Financial
Weakest financial yearnet €5k ▼52.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
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, Hemiksem · 2 establishment units since 2018
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.
K. de Backerstraat 952620 HemiksemGround area
416 m²
Building footprint
339 m²
Volume, LiDAR
3,756 m³
2 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Linosa
since 20182.273.945.264
Burco
since 20182.273.945.363
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2350/00A003 | Flanders | 283 m² | 1 · 256 m² | 15.0 m · 4 fl. |
| 11018B0038/00B009 | Flanders | 133 m² | 1 · 84 m² | 12.7 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.
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Of 12,175 companies in sector 69201 we hold annual accounts for 7,639. 6,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-2018
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ismail@burco.be