LINQ
ActiveSummary
LINQ has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17k and a net result of €4k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 2279 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49▲+12
Solvency45▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.56 in 2023; short-term debt: 46% and cash: 0% of total assets), and 80.5% of the assets are financed with debt.
Credit check 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
19.5%
Return on assets
4.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2279 sector peers (2024).
NBB · sector comparisonPosition among 2279 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
111 d late
2022
362 d late
2021
709 d late
2020
288 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 30.5%
2023 · €13k
2018: €29k
2019: €27k▼ -9.8% vs 2018
2020: €33k▲ +24.9% vs 2019highest in 7 years
2021: €27k▼ -17.6% vs 2020
2022: €17k▼ -36.0% vs 2021
2023: €13k▼ -23.6% vs 2022lowest in 7 years
2024: €17k▲ +30.5% vs 2023
2018 → 2024
Total assets
€89k▲ 0.6%
2023 · €89k
2018: €122k
2019: €140k▲ +14.4% vs 2018highest in 7 years
2020: €137k▼ -1.9% vs 2019
2021: €125k▼ -9.2% vs 2020
2022: €104k▼ -16.9% vs 2021
2023: €89k▼ -14.2% vs 2022lowest in 7 years
2024: €89k▲ +0.6% vs 2023
2018 → 2024
Net result
€4k
2023 · €-4k
2018: €22khighest in 7 years
2019: €-3k▼ -113% vs 2018
2020: €7k▲ +328% vs 2019
2021: €-6k▼ -188% vs 2020
2022: €-10k▼ -68.3% vs 2021lowest in 7 years
2023: €-4k▲ +58.1% vs 2022
2024: €4k▲ +199% vs 2023
2018 → 2024
Working capital
€-19k▼ 26.9%
2023 · €-15k
2018: €-1k
2019: €15k▲ +1152% vs 2018
2020: €21k▲ +40.4% vs 2019highest in 7 years
2021: €11k▼ -49.6% vs 2020
2022: €-4k▼ -138% vs 2021
2023: €-15k▼ -274% vs 2022
2024: €-19k▼ -26.9% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€27k▼ 17.6%€17k▼ 36.0%€13k▼ 23.6%€17k▲ 30.5%
2020: €33khighest in 5 years
2021: €27k▼ -17.6% vs 2020
2022: €17k▼ -36.0% vs 2021
2023: €13k▼ -23.6% vs 2022lowest in 5 years
2024: €17k▲ +30.5% vs 2023
Operating result€11k-€-3k€-7k▼ 166%€-1k▲ 81.0%€8k
2020: €11khighest in 5 years
2021: €-3k▼ -124% vs 2020
2022: €-7k▼ -166% vs 2021lowest in 5 years
2023: €-1k▲ +81.0% vs 2022
2024: €8k▲ +707% vs 2023
Net result€7k-€-6k€-10k▼ 68.3%€-4k▲ 58.1%€4k
2020: €7khighest in 5 years
2021: €-6k▼ -188% vs 2020
2022: €-10k▼ -68.3% vs 2021lowest in 5 years
2023: €-4k▲ +58.1% vs 2022
2024: €4k▲ +199% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€67k ▼ 3.1%
Current assets
€22k ▲ 13.8%
Equity and liabilities €89k
Equity
€17k ▲ 30.5%
Debt
€72k ▼ 4.7%
Debt's share of the balance-sheet total falls from 85.0% to 80.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2023 · €8k
Cash flow
€8k▲
2023 · €5k
Current ratio
0.53▼
2023 · 0.56
Debt to equity
4.12▼
2023 · 5.65
ROE
23.4%▲
2023 · -30.8%
ROA
4.6%▲
2023 · -4.6%
Interest coverage
2.94▲
2023 · 2.87
Debt ≤ 1 year
€41k▲
2023 · €34k
Debt > 1 year
€31k▼
2023 · €41k
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€89k€89k▲
Fixed assets21/28€70k€67k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€69k€67k▼
Land and buildings22€68k€65k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€0€1k▲
Financial fixed assets28€500€0▼
Current assets29/58€19k€22k▲
Amounts receivable within one year40/41€18k€22k▲
Trade receivables40€18k€18k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€989€35▼
Equity and liabilities
Total equity and liabilities10/49€89k€89k▲
Equity10/15€13k€17k▲
Contributions10/11€59k€59k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€-51k€-47k▲
Amounts payable17/49€75k€72k▼
Amounts payable after more than one year17€41k€31k▼
Financial debts170/4€41k€31k▼
Amounts payable within one year42/48€34k€41k▲
Current portion of amounts payable after more than one year42€15k€13k▼
Financial debts43-€14k
Credit institutions430/8-€14k
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€16k€7k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€4k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€10k€13k▲
Operating profit (loss)9901€-1k€8k▲
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-4k€4k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-4k€4k▲
Profit (loss) for the period to be appropriated9905€-4k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-47k▲
Profit (loss) brought forward from the previous period14P€-47k€-51k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €12k | €10k | €9k | €4k | ▼ 61.9% |
| Other operating charges640/8 | €2k | €749 | €2k | €2k | €2k | ▼ 24.3% |
| Gross operating margin9900 | €26k | €10k | €5k | €10k | €13k | ▲ 28.8% |
| Operating profit (loss)9901 | €11k | €-3k | €-7k | €-1k | €8k | ▲ 707% |
| Financial income75/76B | - | €0 | - | €0 | €5 | ▲ 6,688% |
| Recurring financial income75 | - | €0 | - | €0 | €5 | ▲ 6,688% |
| Financial charges65/66B | €4k | €3k | €3k | €3k | €4k | ▲ 40.2% |
| Recurring financial charges65 | €4k | €3k | €3k | €3k | €4k | ▲ 40.2% |
| Profit (loss) for the period before taxes9903 | €7k | €-6k | €-10k | €-4k | €4k | ▲ 199% |
| Income taxes67/77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | €7k | €-6k | €-10k | €-4k | €4k | ▲ 199% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-6k | €-10k | €-4k | €4k | ▲ 199% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137k | €125k | €104k | €89k | €89k | ▲ 0.6% |
| Fixed assets21/28 | €95k | €87k | €78k | €70k | €67k | ▼ 3.1% |
| Intangible fixed assets21 | €4k | €2k | €1k | €0 | - | - |
| Tangible fixed assets22/27 | €91k | €84k | €76k | €69k | €67k | ▼ 2.4% |
| Land and buildings22 | €81k | €77k | €72k | €68k | €65k | ▼ 3.6% |
| Plant, machinery and equipment23 | €9k | €7k | €5k | €1k | €1k | ▼ 26.9% |
| Furniture and vehicles24 | €232 | €137 | €59 | €0 | €1k | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €0 | ▼ 100% |
| Current assets29/58 | €42k | €38k | €26k | €19k | €22k | ▲ 13.8% |
| Amounts receivable within one year40/41 | €7k | €9k | €13k | €18k | €22k | ▲ 19.8% |
| Trade receivables40 | €6k | €9k | €13k | €18k | €18k | ▲ 0.1% |
| Other amounts receivable41 | €401 | - | - | - | €4k | - |
| Cash at bank and in hand54/58 | €35k | €29k | €12k | €989 | €35 | ▼ 96.5% |
| Deferred charges and accrued income490/1 | €101 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137k | €125k | €104k | €89k | €89k | ▲ 0.6% |
| Equity10/15 | €33k | €27k | €17k | €13k | €17k | ▲ 30.5% |
| Contributions10/11 | €59k | €59k | €59k | €59k | €59k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-31k | €-37k | €-47k | €-51k | €-47k | ▲ 8.0% |
| Amounts payable17/49 | €104k | €97k | €86k | €75k | €72k | ▼ 4.7% |
| Amounts payable after more than one year17 | €83k | €70k | €56k | €41k | €31k | ▼ 25.1% |
| Financial debts170/4 | €83k | €70k | €56k | €41k | €31k | ▼ 25.1% |
| Amounts payable within one year42/48 | €21k | €27k | €30k | €34k | €41k | ▲ 19.6% |
| Current portion of amounts payable after more than one year42 | €14k | €14k | €14k | €15k | €13k | ▼ 16.0% |
| Financial debts43 | - | - | - | - | €14k | - |
| Credit institutions430/8 | - | - | - | - | €14k | - |
| Trade debts44 | €1k | €7k | €3k | €2k | €5k | ▲ 182% |
| Suppliers440/4 | €1k | €7k | €3k | €2k | €5k | ▲ 182% |
| Taxes, remuneration and social security45 | €125 | €2k | €3k | €1k | €2k | ▲ 56.2% |
| Taxes450/3 | - | €2k | €3k | €1k | €2k | ▲ 56.2% |
| Remuneration and social security454/9 | €125 | - | - | - | - | - |
| Other amounts payable47/48 | €6k | €4k | €10k | €16k | €7k | ▼ 56.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-6k | €-10k | €-4k | €4k | ▲ 199% |
| + Depreciation and write-downs630 | €13k | €12k | €10k | €9k | €4k | ▼ 61.9% |
| Operating cash flow (approximation) | €20k | €6k | €6 | €5k | €8k | ▲ 45.7% |
| Investment in fixed assets (approximation) | - | €-4k | €-776 | €-1k | €-1k | ▼ 31.5% |
| Change in cash | - | €-7k | €-16k | €-11k | €-954 | ▲ 91.7% |
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
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
19-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 362 days late
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 709 days late
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 288 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Antwerpen · 1 establishment unit since 1991
Ground area
2,390 m²
Building footprint
2,290 m²
Volume, LiDAR
24,816 m³
Parcel 11806F1307/00K007, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
LINQ BVBA
since 19912.051.198.622
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1307/00K007 | Flanders | 2,390 m² | 1 · 2,290 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,269. 711 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)
Founded24-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
18130Pre-press and pre-media services
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.