LINRENE
ActiveSummary
The computed 12-month bankruptcy probability of LINRENE is 2.7% (moderate). The 2025 annual accounts show negative equity (-€2,639) and a net result of -€444. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 13604 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-35
Solvency18▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.85 in 2024; short-term debt: 106.6% and cash: 39.4% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-6.6%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2,639
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 8 filingsDeviation from the deadline
2025
40 d late
2024
31 d late
2023
61 d late
2022
31 d late
2021
4 d early
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
-€2,639▼ 20.2%
2024 · -€2,195
Total assets
€39,970▲ 13.3%
2024 · €35,279
Net result
-€444
2024 · €339
Working capital
-€7,372▼ 32.0%
2024 · -€5,587
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20212022202320242025
Operating result€18,704▲ 44.7%€1,519▼ 91.9%-€6,204€2,642€1,414▼ 46.5%
Net result€15,464within the sector's middle half▲ 33.8%-€554within the sector's middle half-€7,329within the sector's middle half▼ 1,224%€339within the sector's middle half-€444within the sector's middle half
Equity€5,348within the sector's middle half€4,795within the sector's middle half▼ 10.3%-€2,534within the sector's middle half-€2,195within the sector's middle half▲ 13.4%-€2,639below the sector's middle half▼ 20.2%
Total assets€50,141within the sector's middle half▲ 50.6%€47,289within the sector's middle half▼ 5.7%€22,485below the sector's middle half▼ 52.5%€35,279below the sector's middle half▲ 56.9%€39,970below the sector's middle half▲ 13.3%
Debt€44,793▲ 25.1%€42,494▼ 5.1%€25,019▼ 41.1%€37,474▲ 49.8%€42,609▲ 13.7%
Working capital€27,078within the sector's middle half▲ 8.6%€12,066within the sector's middle half▼ 55.4%-€5,978within the sector's middle half-€5,587within the sector's middle half▲ 6.6%-€7,372within the sector's middle half▼ 32.0%
Solvency10.7%within the sector's middle half▲ 18.2pp10.1%within the sector's middle half▼ 0.5pp-11.3%below the sector's middle half▼ 21.4pp-6.2%below the sector's middle half▲ 5.0pp-6.6%below the sector's middle half▼ 0.4pp
Current ratio2.37above the sector's middle half▼ 6.181.40within the sector's middle half▼ 0.970.76within the sector's middle half▼ 0.640.85within the sector's middle half▲ 0.090.83within the sector's middle half▼ 0.02
Return on assets (ROA)30.8%above the sector's middle half▼ 3.9pp-1.2%within the sector's middle half▼ 32.0pp-32.6%below the sector's middle half▼ 31.4pp1.0%within the sector's middle half▲ 33.6pp-1.1%within the sector's middle half▼ 2.1pp
Staff (FTE)1.42▲ 42.9%1.9▼ 5.0%1.8▼ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service 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 falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,970
Fixed assets
€4,733 ▲ 39.5%
Current assets
€35,237 ▲ 10.5%
Key figures and ratios
Quick ratio
0.70▼
2024 · 0.78
Debt to equity
-16.15▲
2024 · -17.07
Debt ≤ 1 year
€42,609▲
2024 · €37,474
Income taxes
€1,516▼
2024 · €2,052
Staff costs
€12,862▲
2024 · €10,119
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
4.6%
went bankrupt
5.5%
stopped otherwise
88%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,570 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,551 | €4,638 | €10,226 | €10,119 | €12,862 | ▲ 27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,794 | €2,077 | €1,411 | €1,821 | - | - |
| Other operating charges640/8 | €2,197 | €1,515 | €1,139 | €1,295 | €3,296 | ▲ 154% |
| Gross operating margin9900 | €25,246 | €9,749 | €6,572 | €15,877 | €17,572 | ▲ 10.7% |
| Operating profit (loss)9901 | €18,704 | €1,519 | -€6,204 | €2,642 | €1,414 | ▼ 46.5% |
| Financial income75/76B | €11 | €17 | €22 | €82 | - | - |
| Recurring financial income75 | €11 | €17 | €22 | €82 | - | - |
| Financial charges65/66B | €474 | €350 | €678 | €332 | €342 | ▲ 2.9% |
| Recurring financial charges65 | €474 | €350 | €678 | €332 | €342 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | €18,242 | €1,187 | -€6,860 | €2,391 | €1,072 | ▼ 55.1% |
| Income taxes67/77 | €2,778 | €1,740 | €469 | €2,052 | €1,516 | ▼ 26.1% |
| Profit (loss) for the period9904 | €15,464 | -€554 | -€7,329 | €339 | -€444 | ▼ 231% |
| Profit (loss) for the period to be appropriated9905 | €15,464 | -€554 | -€7,329 | €339 | -€444 | ▼ 231% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,141 | €47,289 | €22,485 | €35,279 | €39,970 | ▲ 13.3% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €3,270 | €5,229 | €3,818 | €3,392 | €4,733 | ▲ 39.5% |
| Tangible fixed assets22/27 | €3,270 | €5,229 | €3,818 | €3,392 | €4,733 | ▲ 39.5% |
| Plant, machinery and equipment23 | €2,715 | €5,229 | €3,818 | €3,392 | €1,802 | ▼ 46.9% |
| Furniture and vehicles24 | €555 | - | - | - | €2,931 | - |
| Current assets29/58 | €46,871 | €42,060 | €18,667 | €31,887 | €35,237 | ▲ 10.5% |
| Stocks and contracts in progress3 | €1,939 | €2,968 | €3,863 | €2,698 | €5,237 | ▲ 94.1% |
| Stocks30/36 | €1,939 | €2,968 | €3,863 | €2,698 | €5,237 | ▲ 94.1% |
| Amounts receivable within one year40/41 | €8,561 | €22,923 | €6,913 | €16,475 | €12,629 | ▼ 23.3% |
| Trade receivables40 | €8,472 | €22,909 | €6,913 | €16,446 | €12,629 | ▼ 23.2% |
| Other amounts receivable41 | €90 | €14 | - | €29 | - | - |
| Cash at bank and in hand54/58 | €35,752 | €14,607 | €6,419 | €10,404 | €15,762 | ▲ 51.5% |
| Deferred charges and accrued income490/1 | €620 | €1,561 | €1,472 | €2,310 | €1,609 | ▼ 30.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,141 | €47,289 | €22,485 | €35,279 | €39,970 | ▲ 13.3% |
| Equity10/15 | €5,348 | €4,795 | -€2,534 | -€2,195 | -€2,639 | ▼ 20.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €2,848 | €2,295 | -€5,034 | -€4,695 | -€5,139 | ▼ 9.5% |
| Amounts payable17/49 | €44,793 | €42,494 | €25,019 | €37,474 | €42,609 | ▲ 13.7% |
| Amounts payable after more than one year17 | €25,000 | €12,500 | - | - | - | - |
| Other amounts payable178/9 | €25,000 | €12,500 | - | - | - | - |
| Amounts payable within one year42/48 | €19,793 | €29,994 | €24,646 | €37,474 | €42,609 | ▲ 13.7% |
| Trade debts44 | €7,754 | €18,312 | €8,675 | €7,013 | €2,218 | ▼ 68.4% |
| Suppliers440/4 | €7,754 | €18,312 | €8,675 | €7,013 | €2,218 | ▼ 68.4% |
| Advances received on contracts in progress46 | - | €6,896 | €6,896 | €12,443 | €12,443 | = |
| Taxes, remuneration and social security45 | €4,264 | €3,662 | €4,149 | €6,054 | €10,163 | ▲ 67.9% |
| Taxes450/3 | €4,264 | €3,662 | €3,280 | €5,219 | €7,580 | ▲ 45.2% |
| Remuneration and social security454/9 | - | - | €869 | €835 | €2,583 | ▲ 210% |
| Other amounts payable47/48 | €7,776 | €1,124 | €4,926 | €11,964 | €17,784 | ▲ 48.7% |
| Accrued charges and deferred income492/3 | - | - | €373 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,464 | -€554 | -€7,329 | €339 | -€444 | ▼ 231% |
| + Depreciation and write-downs630 | €1,794 | €2,077 | €1,411 | €1,821 | - | - |
| Operating cash flow (approximation) | €17,257 | €1,524 | -€5,917 | €2,160 | -€444 | ▼ 121% |
| Investment in fixed assets (approximation) | - | -€4,036 | €0 | -€1,395 | -€1,341 | ▲ 3.9% |
| Change in cash | - | -€21,145 | -€8,188 | €3,984 | €5,358 | ▲ 34.5% |
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
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €339
Net result €339 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €15,464 ▲33.8%
Operating result €18,704, net result €15,464, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €11,558
Net result €11,558 after 2 loss-making years.
31-12
Financial
Liquidity times 63current ratio 8.55
Current ratio from 0.14 to 8.55; short-term debt falls from €20,067 to €3,302.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet -€14,086
Net result drops to -€14,086, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Heist-op-den-Berg · 1 establishment unit since 2017
Ground area
144 m²
Building footprint
178 m²
Volume, LiDAR
1,375 m³
Parcel 12017B0375/00E000, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KHUM LAMPANG
since 20172.269.806.136
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12017B0375/00E000 | Flanders | 144 m² | 1 · 178 m² | 9.4 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeist-op-den-Berg2.269.806.136
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 4,912 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
Founded18-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0683477935
Also
9925:BE0683477935
Registered
24-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.