LINQED
ActiveLINQED has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €-21k. Equity is shrinking by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 2281 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 8.56 against 34.58 in 2023; short-term debt: 9.7% and cash: 10.1% of total assets), and 9.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
90.3%
Return on assets
-16.6%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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
28 d late
2023
28 d late
2022
on the day
2021
2 d early
2020
55 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€112k▼ 15.6%
2023 · €132k
2019: €219k
2020: €251k
2021: €270k
2022: €192k
2023: €132k
2019 → 2024
Total assets
€124k▼ 8.8%
2023 · €136k
2019: €260k
2020: €261k
2021: €287k
2022: €199k
2023: €136k
2019 → 2024
Net result
€-21k▲ 65.8%
2023 · €-60k
2019: €35k
2020: €32k
2021: €19k
2022: €-21k
2023: €-60k
2019 → 2024
Working capital
€91k▼ 18.3%
2023 · €111k
2019: €216k
2020: €251k
2021: €267k
2022: €181k
2023: €111k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€251k-€270k▲ 7.5%€192k▼ 28.8%€132k▼ 31.3%€112k▼ 15.6%
Operating result€41k-€26k▼ 37.6%€-21k€-59k▼ 177%€-20k▲ 66.6%
Net result€32k-€19k▼ 41.0%€-21k€-60k▼ 182%€-21k▲ 65.8%
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 €20k in 2024 against €59k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€21k▼ 1.9%
Current assets
€103k▼ 10.1%
Equity and liabilities €124k
Equity
€112k▼ 15.6%
Debt
€12k▲ 248%
The debt ratio rises from 2.6% to 9.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▲
2023 · €-57k
Cash flow
€-20k▲
2023 · €-58k
Solvency
90.3%▼
2023 · 97.4%
Current ratio
8.56▼
2023 · 34.58
Quick ratio
8.56▼
2023 · 34.58
Debt / equity
0.11▲
2023 · 0.03
ROE
-18.4%▲
2023 · -45.5%
ROA
-16.6%▲
2023 · -44.3%
Interest coverage
-27.73▲
2023 · -71.71
Debt
€12k▲
2023 · €3k
Debt ≤ 1 year
€12k▲
2023 · €3k
Income taxes
€254▼
2023 · €393
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€136k€124k▼
Fixed assets21/28€21k€21k▼
Tangible fixed assets22/27€1k€713▼
Plant, machinery and equipment23€1k€713▼
Furniture and vehicles24€0-
Financial fixed assets28€20k€20k=
Current assets29/58€114k€103k▼
Amounts receivable within one year40/41€105k€90k▼
Trade receivables40€38k€45k▲
Other amounts receivable41€67k€45k▼
Cash at bank and in hand54/58€10k€12k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€136k€124k▼
Equity10/15€132k€112k▼
Contributions10/11€12k€12k=
Reserves13€132k€132k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€31k€31k=
Distributable reserves133€101k€101k=
Profit (loss) carried forward14€-12k€-33k▼
Amounts payable17/49€3k€12k▲
Amounts payable within one year42/48€3k€12k▲
Trade debts44€789€58▼
Suppliers440/4€789€58▼
Taxes, remuneration and social security45€393€10k▲
Taxes450/3€393€6k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€150€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€401▼
Other operating charges640/8€879€733▼
Gross operating margin9900€-56k€-19k▲
Operating profit (loss)9901€-59k€-20k▲
Financial income75/76B€0€55▲
Recurring financial income75€0€55▲
Financial charges65/66B€794€695▼
Recurring financial charges65€794€695▼
Profit (loss) for the period before taxes9903€-60k€-20k▲
Income taxes67/77€393€254▼
Profit (loss) for the period9904€-60k€-21k▲
Profit (loss) for the period to be appropriated9905€-60k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-33k▼
Profit (loss) brought forward from the previous period14P€48k€-12k▼
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Liquidity times 5current ratio 36.07
Current ratio from 6.62 to 36.07; short-term debt falls from €38k to €7k.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-11
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.
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, Merelbeke-Melle · 1 establishment unit since 2010
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.
Gontrode Heirweg 136A9820 Merelbeke-MelleGround area
175 m²
Building footprint
74 m²
Volume, LiDAR
10 m³
Parcel 44043A0297/00Z002, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
LINQED
since 20102.193.814.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0297/00Z002 | Flanders | 175 m² | 1 · 74 m² | 2.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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EKZO
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PackOptima
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B.J. Knulst
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PayTalent
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Techys
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Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2010
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.