Equity
€110,843 ▲ 15.7%
LINOU has made a profit without a break since 2019.
LINOU
Lifetime
7 annual accounts with figures on one time axispeak €60,503 (2021)
€58,508▲ 151%
lowest -€27,345 (2018)
€15,070▲ 12×
peak €110,843 (2024)
€110,843▲ 15.7%
€91,521▲ 125%
peak 0.3 FTE (2018)
-not published
Board1 name since 2022
-
Documentsfilings and deeds
29-12-2025151 days late
2024micro format
Gross margin from €23,353 to €58,508Result from €1,251 to €15,070Equity from €95,772 to €110,843Debts from €40,636 to €91,521Cash from €9,533 to €64,282
Key points
from the 2024 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Debts
€91,521 ▲ 125%
Debts rose by €50,885 in 2024.
Liquidity
1.88 was 3.38 in 2023
Short-term debts rose from €27,163 to €90,295.
Filings
7 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
15 companies
Checked score
56
Fair
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.3%▼ -0.3 percentage points vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025
09-2025: 2.0%▲ +0.3 percentage points vs 08-2025
10-2025: 3.1%▲ +1.1 percentage points vs 09-2025
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 4.1%▲ +1.0 percentage point vs 11-2025highest value
01-2026: 0.9%▼ -3.2 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.8%▼ -0.1 percentage points vs 04-2026
06-2026: 0.7%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026lowest value
08-2026: 1.0%▲ +0.3 percentage points vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026
10-2026: 1.8%▲ +0.7 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 151 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 29-12-2025)
lowers risk
Liquidity: current ratio 1.88, cash €64,282
Founded in 2014
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 60% of them on solvency, 67% on liquidity, 55% on profitability and 63% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as LINOU has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of LINOU itself is higher: 1.8% within 12 months. It rests on far more data about LINOU than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for LINOU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.88 (3.38 in 2023), above the usual 1.5. Short-term debt is 44.6% and cash 31.8% of total assets. 45.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 7 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 151 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 151 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
151 days late
2023
31 days late
2022
32 days late
2021
116 days late
2020
31 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 65 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered office moved from Herk-de-Stad to Ham
New registered office: Truibroek 94 bus 2 te 3945 Ham · Previous registered office: Steenweg 3 bus 402 te 3540 Herk-de-Stad · Gazette deed
Registered office moved from Herk-de-Stad to Ham
New registered office: Truibroek 92 bus 2 te 3945 Ham · Previous registered office: Steenweg 3 bus 402 te 3540 Herk-de-Stad · General meeting of 03-11-2021 · Gazette deed
Registered office moved from Hasselt to Herk-de-Stad
New registered office: Steenweg 3 bus 402 te 3540 Herk-de-Stad · Previous registered office: Guffenslaan 42 te 3500 Hasselt · General meeting of 04-02-2021 · Gazette deed
First establishment
Truibroek 94, Ham
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINOU Ham | €202,364 | €58,508 | 54.8% | - |
| OldtimerTime Hasselt | €187,957 | €64,483 | 64.9% | - |
| AFSLUITINGEN LAMYNS Maldegem | €197,069 | €65,126 | 7.9% | - |
| AERTS Ninove | €203,590 | €55,029 | 75.1% | - |
| Toon De Soomer Beveren-Kruibeke-Zwijndrecht | €217,428 | €55,882 | 28.5% | - |
| Hemac Ecologie Sprimont | €178,996 | €62,552 | 40.6% | - |
| Nico Verstappen Edegem | €188,279 | €62,833 | 22.6% | - |
These companies have the same main activity as LINOU: joinery installation (NACE 43320). They are comparable in size and age: total assets between €179,000 and €217,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 01-08-2014Normal situation
- Registered office
- 17 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.234.240.2933945 Ham, since 20-08-2014
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on LINOU
LINOU files the micro format. That format states no turnover. The gross margin rose from -€16,204 in 2018 to €58,508 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINOU
- What is the company number of LINOU?
- The company number of LINOU is 0559.929.431. The VAT number is the same number with BE in front: BE 0559.929.431.
- Where is LINOU based?
- The registered office is at Truibroek 94, 3945 Ham.Company details
- What does LINOU do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of LINOU?
- LINOU is a private limited company (pre-2019) (BVBA).
- When was LINOU founded?
- LINOU was founded on 01-08-2014.
- Is LINOU still active?
- Yes, LINOU is an active enterprise in the KBO register.
- How many employees does LINOU have?
- LINOU had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of LINOU?
- The turnover in financial year 2024 is ≈ €240,000. This figure is estimated from the gross margin of €58,508 and 39 comparable companies (NACE 43320). It probably lies between €170,000 and €360,000.
- Is LINOU profitable?
- In financial year 2024, LINOU made a profit of €15,070.
- Where can I find the annual accounts of LINOU?
- LINOU filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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