Summary
LINUS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €492k and a net result of €204k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 9863 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-04-2025, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
93 d early
2023
90 d early
2022
83 d early
2021
80 d early
2020
95 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€492k▲ 49.6%
2023 · €329k
2018: €119k
2019: €160k
2020: €165k
2021: €218k
2022: €264k
2023: €329k
2018 → 2024
Net result
€204k▲ 67.6%
2023 · €122k
2018: €57k
2019: €41k
2020: €49k
2021: €53k
2022: €76k
2023: €122k
2018 → 2024
Total assets
€696k▲ 53.4%
2023 · €454k
2018: €149k
2019: €188k
2020: €280k
2021: €292k
2022: €362k
2023: €454k
2018 → 2024
Solvency
70.6%▼ 1.8pp
2023 · 72.4%
2018: 79.9%
2019: 85.5%
2020: 58.7%
2021: 74.6%
2022: 72.9%
2023: 72.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€165k-€218k▲ 32.2%€264k▲ 21.1%€329k▲ 24.6%€492k▲ 49.6%
Operating result€71k-€77k▲ 9.9%€132k▲ 70.0%€165k▲ 25.6%€303k▲ 83.3%
Net result€49k-€53k▲ 7.7%€76k▲ 43.1%€122k▲ 60.5%€204k▲ 67.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 83% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €696k
Fixed assets
€98k ▲ 408%
Current assets
€598k ▲ 37.6%
Equity and liabilities €696k
Equity
€492k ▲ 49.6%
Debt
€205k ▲ 63.4%
Debt's share of the balance-sheet total rises from 27.6% to 29.4%. Equity and debt are higher.
Key figures and ratios
ROE
41.5%▲
2023 · 37.1%
ROA
29.3%▲
2023 · 26.9%
Debt ≤ 1 year
€179k▲
2023 · €122k
Debt > 1 year
€26k
Income taxes
€101k▲
2023 · €58k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€454k€696k▲
Fixed assets21/28€19k€98k▲
Tangible fixed assets22/27€19k€98k▲
Furniture and vehicles24€18k€98k▲
Other tangible fixed assets26€2k€748▼
Current assets29/58€435k€598k▲
Amounts receivable after more than one year29€106k€136k▲
Other amounts receivable291€106k€136k▲
Amounts receivable within one year40/41€40k€42k▲
Trade receivables40€33k€33k▼
Other amounts receivable41€7k€9k▲
Current investments50/53€189k€250k▲
Cash at bank and in hand54/58€100k€170k▲
Equity and liabilities
Total equity and liabilities10/49€454k€696k▲
Equity10/15€329k€492k▲
Contributions10/11€12k€12k=
Reserves13€313k€476k▲
Distributable reserves133€313k€476k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€125k€205k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€122k€179k▲
Current portion of amounts payable after more than one year42€3k€10k▲
Trade debts44€648€3k▲
Suppliers440/4€648€3k▲
Taxes, remuneration and social security45€45k€105k▲
Taxes450/3€45k€105k▲
Other amounts payable47/48€73k€62k▼
Accrued charges and deferred income492/3€4k-
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€182k€321k▲
Operating profit (loss)9901€165k€303k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€-10k€3k▲
Recurring financial charges65€-10k€3k▲
Profit (loss) for the period before taxes9903€180k€306k▲
Income taxes67/77€58k€101k▲
Profit (loss) for the period9904€122k€204k▲
Profit (loss) for the period to be appropriated9905€122k€204k▲
Appropriation of the result
Profit (loss) to be appropriated9906€125k€207k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer from equity791/2€57k€41k▼
Transfer to equity691/2€122k€204k▲
To other reserves6921€122k€204k▲
Profit to be distributed694/7€57k€41k▼
Return on contributions (dividend)694€57k€41k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €204k ▲67.6%
Operating result €303k, net result €204k, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €218k ▲32.2%
4 profitable years in a row build equity to €218k.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €41k ▼27.7%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €160k ▲34.5%
2 profitable years in a row build equity to €160k.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-05
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
2 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, Brasschaat · 1 establishment unit since 2013
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.
Hensbergelei 832930 BrasschaatGround area
2,125 m²
Building footprint
170 m²
Volume, LiDAR
738 m³
Parcel 11322C0076/00Z002, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LINUS
since 20132.220.736.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322C0076/00Z002 | Flanders | 2,125 m² | 1 · 170 m² | 7.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
JAPPENS
BE 0834.838.616
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PILLE FABRICE
BE 0477.670.461
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KERKHOFS HANNE
BE 0783.628.950
Riemst · Eq €491,374
Mabler
BE 0764.699.104
Evergem · Eq €492,119
JECO.be
BE 0597.800.409
Ukkel · Eq €491,071
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.