Skip to content

LINSTAB

Open bankruptcy
Private limited companyfounded 2019KBO/BCE: BE 0737.384.694

A bankruptcy procedure is open for LINSTAB according to publications in the Belgian Official Gazette; trustee: Guy Kelder.

Summary

The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €66,787 and a net result of -€6,314.

LINSTABOpen bankruptcy

Financials · financial year 2024, micro format

2024 annual accounts filed late (110 days) Filed on 18 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00567680.

Turnover
≈ €110,000
Estimated: probably between €52,000 and €170,000
Total assets
€140,451▼ 3.2%
2023 · €145,117
Net result
-€6,314
2023 · €41,582
Working capital
€63,364▼ 9.5%
2023 · €70,051
Trend over the years

2023 to 2024, 2 financial years

The operating result falls in 2024; 2024 is 91% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,762 2024 Net result-€6,314 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€71,609-€6,762▼ 90.6%
Net result€41,582above the sector's middle half--€6,314below the sector's middle half
Equity€73,101within the sector's middle half-€66,787within the sector's middle half▼ 8.6%
Total assets€145,117within the sector's middle half-€140,451within the sector's middle half▼ 3.2%
Debt€72,016-€73,664▲ 2.3%
Working capital€70,051within the sector's middle half-€63,364within the sector's middle half▼ 9.5%
Solvency50.4%within the sector's middle half-47.6%within the sector's middle half▼ 2.8pp
Current ratio1.99within the sector's middle half-1.86within the sector's middle half▼ 0.13
Return on assets (ROA)28.7%above the sector's middle half--4.5%below the sector's middle half▼ 33.1pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €140,451
Fixed assets €3,423 ▼ 24.6%
Current assets €137,028 ▼ 2.5%
Equity and liabilities €140,451
Equity €66,787 ▼ 8.6%
Debt €73,664 ▲ 2.3%
Debt's share of the balance-sheet total rises from 49.6% to 52.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,880▼
2023 · €72,727
Cash flow
-€5,196▼
2023 · €42,700
Debt to equity
1.10▲
2023 · 0.99
ROE
-9.5%▼
2023 · 56.9%
Interest coverage
0.76▼
2023 · 9.67
Debt ≤ 1 year
€73,664▲
2023 · €70,525
Income taxes
€2,926▼
2023 · €22,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€145,117€140,451▼
Fixed assets21/28€4,541€3,423▼
Tangible fixed assets22/27€1,991€873▼
Furniture and vehicles24€1,991€873▼
Financial fixed assets28€2,550€2,550=
Current assets29/58€140,576€137,028▼
Amounts receivable within one year40/41€110,130€136,411▲
Trade receivables40€101,702€119,535▲
Other amounts receivable41€8,428€16,876▲
Cash at bank and in hand54/58€29,896-
Deferred charges and accrued income490/1€550€617▲
Equity and liabilities
Total equity and liabilities10/49€145,117€140,451▼
Equity10/15€73,101€66,787▼
Contributions10/11€100€100=
Profit (loss) carried forward14€73,001€66,687▼
Amounts payable17/49€72,016€73,664▲
Amounts payable after more than one year17€1,491-
Financial debts170/4€1,491-
Amounts payable within one year42/48€70,525€73,664▲
Current portion of amounts payable after more than one year42€8,684-
Financial debts43-€15,497
Credit institutions430/8-€15,497
Trade debts44€25,200€28,245▲
Suppliers440/4€25,200€28,245▲
Taxes, remuneration and social security45€36,641€29,922▼
Taxes450/3€28,828€29,922▲
Remuneration and social security454/9€7,813-
Income statement Code20232024
Non-recurring operating income76A€149-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,118€1,118=
Other operating charges640/8€12,010€3,672▼
Gross operating margin9900€84,737€11,552▼
Operating profit (loss)9901€71,609€6,762▼
Financial income75/76B-€284
Recurring financial income75-€284
Financial charges65/66B€7,519€10,434▲
Recurring financial charges65€7,519€10,434▲
Profit (loss) for the period before taxes9903€64,090-€3,388▼
Income taxes67/77€22,508€2,926▼
Profit (loss) for the period9904€41,582-€6,314▼
Profit (loss) for the period to be appropriated9905€41,582-€6,314▼
Appropriation of the result
Profit (loss) to be appropriated9906€73,001€66,687▼
Profit (loss) brought forward from the previous period14P€31,419€73,001▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Non-recurring operating income76A€149--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,118€1,118=
Other operating charges640/8€12,010€3,672▼ 69.4%
Gross operating margin9900€84,737€11,552▼ 86.4%
Operating profit (loss)9901€71,609€6,762▼ 90.6%
Financial income75/76B-€284-
Recurring financial income75-€284-
Financial charges65/66B€7,519€10,434▲ 38.8%
Recurring financial charges65€7,519€10,434▲ 38.8%
Profit (loss) for the period before taxes9903€64,090-€3,388-
Income taxes67/77€22,508€2,926▼ 87.0%
Profit (loss) for the period9904€41,582-€6,314-
Profit (loss) for the period to be appropriated9905€41,582-€6,314-
Line20232024Change
Assets
Total assets20/58€145,117€140,451▼ 3.2%
Fixed assets21/28€4,541€3,423▼ 24.6%
Tangible fixed assets22/27€1,991€873▼ 56.2%
Furniture and vehicles24€1,991€873▼ 56.2%
Financial fixed assets28€2,550€2,550=
Current assets29/58€140,576€137,028▼ 2.5%
Amounts receivable within one year40/41€110,130€136,411▲ 23.9%
Trade receivables40€101,702€119,535▲ 17.5%
Other amounts receivable41€8,428€16,876▲ 100%
Cash at bank and in hand54/58€29,896--
Deferred charges and accrued income490/1€550€617▲ 12.2%
Equity and liabilities
Total equity and liabilities10/49€145,117€140,451▼ 3.2%
Equity10/15€73,101€66,787▼ 8.6%
Contributions10/11€100€100=
Profit (loss) carried forward14€73,001€66,687▼ 8.6%
Amounts payable17/49€72,016€73,664▲ 2.3%
Amounts payable after more than one year17€1,491--
Financial debts170/4€1,491--
Amounts payable within one year42/48€70,525€73,664▲ 4.5%
Current portion of amounts payable after more than one year42€8,684--
Financial debts43-€15,497-
Credit institutions430/8-€15,497-
Trade debts44€25,200€28,245▲ 12.1%
Suppliers440/4€25,200€28,245▲ 12.1%
Taxes, remuneration and social security45€36,641€29,922▼ 18.3%
Taxes450/3€28,828€29,922▲ 3.8%
Remuneration and social security454/9€7,813--
Line20232024Change
Profit (loss) for the period9904€41,582-€6,314-
+ Depreciation and write-downs630€1,118€1,118=
Operating cash flow (approximation)€42,700-€5,196-
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 18-11-2025 2025-00567680
31-12-2023 micro format 22-05-2025 2025-00102732

Similar companies · same sector, comparable size

Of the 8,345 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,300. 2,641 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.