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LINUX

In bankruptcy Private limited company (pre-2019)founded 2002KBO/BCE: BE 0478.631.751
LINUX
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Overview

Information for creditors

Enterprise Court of Antwerp, Antwerp division · Official Gazette of 20-09-2023
Appeal or third-party opposition 05-10-2023Filing the claim in RegSol 14-10-2023First verification report 10-11-2023Late claim 14-09-2024

Trustee: Kristin Verhaegen. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

16 annual accounts with figures on one time axis, 19 filings since 2003
peak €768,487 (2017)
€20,652▲ €34,560
lowest -€211,120 (2021)
-€211,120▼ €149,736
peak €492,257 (2017)
€112,048▼ 65.3%
€662,772▲ 7.9%
Board2 names since 2019
1 directorKaradogan Mehmet
Documentsfilings and deeds
13-10-202274 days late
2021abbreviated format
Gross margin from -€13,908 to €20,652Loss of €211,120Equity from €323,169 to €112,048

Key points

from the 2021 annual accounts, the last ones filed

Equity

€112,048 from €492,257 in 2017

Equity fell by 77% in 4 years.

Losses

-€380,209 in four years
-51,4702018-56,2342019-61,3842020-211,1202021

Every financial year from 2018 to 2021 closed with a loss. 2021 was the heaviest.

Debts

€662,772 86% of the balance sheet
Financial debts 37%Suppliers 8%Taxes and wages 5%Other 50%

Of this, €423,618 falls due within a year.

Liquidity

1.82 was 0.90 in 2020

Short-term debts rose from €339,943 to €423,618.

Filings

19 annual accounts since 2003
AprilJune31 JulyOctober2005201020152020

Five of the last ten came late. The 2019 accounts came latest: 594 days after the end of the period.

No score

Board and ownership

KM
Karadogan Mehmet
Director
Board & ownership

Recent changes

3 companies at this address later HH Capital, Oeros and Chebaa Logistics · since 2022
Address struck KBO administration
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 14-09-2023 · Bankruptcy
Bankruptcy reversal Enterprise Court of Antwerp, Antwerp division · judgment of 06-07-2022 · Bankruptcy
All 39 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-09-2023
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Establishment unit
2.115.472.3072018 Antwerp, since 23-01-2003
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

€20,652
≈ €140,000estimated
€211,120▲ 244%
€112,048▼ 65.3%
€774,821▼ 32.6%
Filing
Filed on 13-10-2022
Financials

Insights on LINUX

Equity fell from €492,257 in 2017 to €112,048 in 2021, while debts rose from €114,833 to €662,772.

On 14 September 2023 the court declared LINUX bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

abbreviated format, filed on 13-10-2022, 74 days late
€20,652
▲ €34,560
€1,995
▲ €66,435
-€211,120
▼ €149,736
€349,122
▲ €382,341
14.5%
▼ 13.6 percentage points
1.82
▲ 0.92

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €140,000. Estimated: probably between €58,000 and €350,000.

Balance sheet

balance sheet total €774,821 on 31-12-2021
What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 774,8211.1m1.1m663,558827,692577,163604,436634,006671,022710,876756,586771,739779,126835,335862,986736,255
20 ---------------173
21/28 2,080843,234817,516206,014211,043562,818598,586633,876670,893710,749751,562733,353775,453819,914816,888733,596
22/27 -841,154814,436202,934209,143560,918594,586629,876666,893705,749746,562728,353770,453814,914811,888728,423
22 -841,154814,436202,934209,143560,918594,586629,876666,893705,749746,562728,353770,453814,914811,888728,423
28 2,0802,0803,0803,0801,9001,9004,0004,0004,0005,0005,0005,0005,0005,0005,0005,000
29/58 772,741306,725329,990457,544616,64914,3445,8511301291275,02438,3863,67315,42146,0982,659
40/41 772,741306,725329,990443,137310,4195,000------3322,236-
40 --31,2561,5001,500---------22,236-
41 772,741306,725298,734441,637308,9195,000------33--
54/58 ---14,407306,2309,3444,2621301291271249,1591221205,4122,659
490/1 ------1,589---4,90029,2273,54815,29818,450-
Balance sheet: equity and liabilities
10/49 774,8211.1m1.1m663,558827,692577,163604,436634,006671,022710,876756,586771,739779,126835,335862,986736,255
10/15 112,048323,169384,553440,787492,25712,829-2,811-1,432-21,008-56,152-46,190-71,351-41,173-23,12817,49215,182
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 --18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
11 18,60018,600--------------
1109/19 18,60018,600--------------
13 1,149521,871531,665541,243541,2431,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,149
130/1 1,1491,1491,149-------------
130 --1,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,149
1311 1,1491,149--------------
132 -520,722530,516540,094540,094-----------
14 92,299-217,302-165,712-119,056-67,586-6,920-22,560-21,181-40,757-75,900-65,939-91,100-60,922-42,877-2,257-4,567
16 -212,689216,690220,602220,6029,60049,68029,680--------
160/5 -----9,60049,68029,680--------
162 -----9,600----------
168 -212,689216,690220,602220,602-----------
17/49 662,772614,101546,2642,170114,833554,734557,567605,758692,030767,027802,776843,090820,299858,463845,494721,073
17 239,154274,158291,660--266,698322,688382,932451,722522,762591,645612,092629,745626,854621,791660,717
170/4 239,154274,158291,660--266,698322,688382,932451,722522,762591,645612,092629,745626,854621,791660,717
42/48 423,618339,943254,6042,170114,833288,036234,880222,826240,308244,265211,131230,998187,396227,052222,40250,141
42 35,00435,00435,004--54,73962,04369,85273,37171,07467,36555,64046,54543,28838,92622,322
43 3,1251,0656,753----1,1671,2441,016863-392188--
430/8 3,1251,0656,753----1,1671,2441,016863-392188--
44 55,00149,48586,7372,1709614,13319,05938,65643,52943,83037,40954,26012,05232,60430,94710,383
440/4 55,00149,48586,7372,1709614,13319,05938,65643,52943,83037,40954,26012,05232,60430,94710,383
45 33,18528,48628,486---4,0004,769-----8,7334,915-
450/3 33,18528,48628,486---4,0004,769-----8,7331,543-
454/9 --------------3,372-
47/48 297,304225,90497,624-114,737219,163149,777108,382122,163128,346105,495121,098128,407142,238147,61317,436
492/3 ------------3,1584,5581,30210,215
Income statement
9900 20,652-13,908-5,523-37,426768,48735,81387,650134,381126,39595,784126,523140,30284,704100,526111,194118,739
630 -32,36532,22612,41612,47133,66735,29037,01738,85640,81342,89742,10044,46146,97448,30847,169
635/8 -----9,600-40,08020,00029,680--------
640/8 18,65718,16821,4936,32410,52510,21117,66118,84018,16719,53417,71418,57016,78842,14421,08414,175
66A -----------66,727---521
9901 1,995-64,440-59,242-56,167755,09132,01514,69848,84469,37335,43665,91279,63223,45511,40841,80257,395
75/76B 8,0167,4306,4696,001---121064262731
75 8,0167,4306,4696,001---121064262731
65/66B 400,6358,3757,3731,33240,40416,37516,07724,50134,23145,50340,75443,08641,50644,49938,31861,442
65 5,1738,3757,3731,33240,40416,37516,07724,50134,23145,50340,75443,08641,50644,49938,31861,442
66B 395,462---------------
9903 -390,625-65,385-60,146-51,498714,68715,640-1,37924,34435,144-9,96125,162-30,179-18,045-33,0633,487-4,567
780 212,6894,001--------------
67/77 33,185---2814,658--4,769011007,5561,177-
9904 -211,120-61,384-56,234-51,470479,42815,640-1,37919,57535,144-9,96225,162-30,179-18,045-40,6192,310-4,567
789 520,7229,7959,578-------------
689 ----540,094-----------
9905 309,601-51,590-46,656-51,470-60,66615,640-1,37919,57535,144-9,96225,162-30,179-18,045-40,6192,310-4,567
Appropriation of the result
9906 92,299-217,302-165,712-119,056-67,586-6,920-22,560-21,181-40,757-75,900-65,939-91,100-60,922-42,877-2,257-4,567
14P -217,302-165,712--------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 13-10-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 74 days after the deadline. Filed on 13 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20458670.

Financial year Type Filed Reference Document
31-12-2021 abbreviated format 13-10-2022 2022-20458670 PDF
31-12-2020 abbreviated format 10-05-2022 2022-20023638 PDF
31-12-2019 abbreviated format 17-03-2022 2022-07800193 PDF
31-12-2018 abbreviated format 05-07-2019 2019-29200240 PDF
31-12-2017 abbreviated format 29-06-2018 2018-25400111 PDF
31-12-2016 abbreviated format 07-09-2017 2017-60300482 PDF
31-12-2015 abbreviated format 31-08-2016 2016-53600187 PDF
31-12-2014 abbreviated format 09-07-2015 2015-29000280 PDF
31-12-2013 abbreviated format 23-07-2014 2014-33200458 PDF
31-12-2012 abbreviated format 21-06-2013 2013-19900493 PDF
31-12-2011 abbreviated format 30-07-2012 2012-36100283 PDF
31-12-2010 abbreviated format 16-08-2011 2011-40300547 PDF
31-12-2009 abbreviated format 30-07-2010 2010-37100157 PDF
31-12-2008 abbreviated format 28-08-2009 2009-68900023 PDF
31-12-2007 abbreviated format 31-08-2008 2008-70200339 PDF
31-12-2006 abbreviated format 03-08-2007 2007-52400174 PDF
31-12-2005 abbreviated format 28-08-2006 2006-67805034 PDF
31-12-2004 abbreviated format 29-07-2005 2005-58302701 PDF
31-12-2003 abbreviated format 16-11-2004 2004-79303155 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018201720162015201420132012201120102009200820072006
--32,075-27,016-43,751767,56265,68349,98885,861108,22976,250108,809121,73167,91658,38290,111104,564
--29,020-24,008-39,054491,89949,30733,91156,59274,00030,85168,05811,92126,4166,35550,61842,602
-59,083643,7287,387-339,304-2,10000-1,000061,1350050,000131,6015,000
----291,823296,8855,0834,132123-9,0359,0372-5,2922,753-
349,122-33,21975,387455,375501,815-273,691-229,029-222,696-240,179-244,138-206,106-192,612-183,723-211,630-176,304-47,482
14.5%28.1%33.5%66.4%59.5%2.2%-0.5%-0.2%-3.1%-7.9%-6.1%-9.2%-5.3%-2.8%2.0%2.1%
1.820.901.30-5.370.050.020.000.000.000.020.170.020.070.210.05
5.921.901.420.000.2343.24--------48.3447.50
-188.4%-19.0%-14.6%-11.7%97.4%121.9%--------13.2%-30.1%
-27.2%-5.3%-4.9%-7.8%57.9%2.7%-0.2%3.1%5.2%-1.4%3.3%-3.9%-2.3%-4.9%0.3%-0.6%
--3.83--------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20212020
Debts secured on the company's own assets-€27,500
Mortgages, amount registered-€27,500
Carrying value of the mortgaged assets-€841,154

Source: notes to the 2020 to 2021 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212020
Tangible fixed assets-€59,083
-€32,365

Source: notes to the 2020 to 2021 annual accounts (statement of fixed assets)

Insights on LINUX

The operating result for 2021 is a profit of €1,995, after a loss of €64,440 in 2020. It is the highest result since 2017.

Debt's share of the balance-sheet total rises from 53.4% to 85.5%. Equity is lower and debt is higher.

Board & ownership

Curators

the curators have managed the company since 14-09-2023
Kristin Verhaegen
Curator, Borsbeeksebrug 34, 2600 Berchem (Antwerpen)
Also on 70 other cases
Robin Tavernier
Curator, Amerikalei 182, 2000 Antwerpen 1
from 09-06-2022 to 06-07-2022
Also on 84 other cases

Last board

1 director, last change in 2019
Karadogan Mehmet
Director
listed in the 2021 annual accounts, filed on 13-10-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Karadogan Mehmet
Director
Karadogan Tayfun
Director
BoardEarliermandate already running before its first mentionBankruptcy 14-09-2023
Mandates as a list
  • Karadogan Mehmet
    • Director, from before 31-12-2020, until the bankruptcy of 14-09-2023
  • Karadogan Tayfun
    • Director, until 29-07-2019

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2021 annual accounts

Network & group

No group

LINUX has no parent and no holdings in its annual accounts. Karadogan Mehmet is the only director. LINUX shares no director with another company.

At the same address

6 other companies
Asinat
establishment since 12-06-2018 · founded in 2018 · accounts filed late
 turnover €133,982 (2024)
0697.828.688
HH Capital
registered office since 20-03-2026
 founded in 2026
1035.779.460
Oeros
registered office since 13-11-2025
 founded in 2025
1030.344.886
Chebaa Logistics
registered office since 24-06-2022
 founded in 2022
0787.619.115
DE MANEVINKE
registered office since 07-02-2005
 founded in 2005
0871.723.162
PORTTRANS
registered office since 02-06-2003
 founded in 2003
0480.495.537

Timeline

Timeline

39 events since 2002
2026
3 companies at this address later HH Capital, Oeros and Chebaa Logistics · since 2022
2025
Address struck
2023
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 14-09-2023
2022
Annual accounts 2021 filed PDFabbreviated format · 74 days late
Bankruptcy reversal Enterprise Court of Antwerp, Antwerp division · judgment of 06-07-2022
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 09-06-2022
Annual accounts 2020 filed PDFabbreviated format · 283 days late
Annual accounts 2019 filed PDFabbreviated format · 594 days late
Resignation: Karadogan Tayfun (director)General meeting of 21-01-20222 points ▸

Open the deed in the Belgian Official Gazette

2021
Weakest financial year net -€211,120 The net result drops to -€211,120, the lowest from 2006 to 2021.
Liquidity doubles current ratio 1.82 The current ratio rises from 0.90 to 1.82.
2019
Annual accounts 2018 filed PDFabbreviated format · 26 days before the deadline
2018
Liquidity more than 39 times current ratio 210.88 The current ratio rises from 5.37 to 210.88. Short-term debt falls from €114,833 to €2,170.
Registered office moved within AntwerpNew registered office: Middelmolenlaan 175 te 2100 Antwerpen · Previous registered office: Brederodestraat 75 te 2018 Antwerpen · General meeting of 28-11-20172 points ▸
  • General meeting, 28-11-2017
  • Registered-office move, Middelmolenlaan 175 te 2100 Antwerpen

Open the deed in the Belgian Official Gazette

Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Antwerpen
Annual accounts 2017 filed PDFabbreviated format · 32 days before the deadline
2017
Highest result from 2006 to 2021 net €479,428 ▲2,965% The operating result of €755,091 and the net result of €479,428 are both a record.
Liquidity more than 107 times current ratio 5.37 The current ratio rises from 0.05 to 5.37. Short-term debt falls from €288,036 to €114,833.
Equity above €200,000 equity €492,257 ▲3,737% After 2 profitable years in a row, equity reaches €492,257.
Annual accounts 2016 filed PDFabbreviated format · 38 days late
2016
Back to profit net €15,640 The net result is €15,640, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 22 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 8 days before the deadline
2013
Back to profit net €35,144 The net result is €35,144, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · 40 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 1 day before the deadline
2011
Back to profit net €25,162 The net result is €25,162, after 3 loss-making years.
Annual accounts 2010 filed PDFabbreviated format · 16 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 1 day before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 28 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 31 days late
2007
Back to profit net €2,310 The net result is €2,310, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 3 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
First establishment Brederodestraat 107, Antwerp
2002
Incorporation PDF14 publications in the Belgian Official Gazette, the last on 11-07-2022 · published on 29-10-2002

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 October 2002, LINUX was incorporated.1 In 2018 the registered office moved to Antwerp.2 Total assets went from €663,558 in 2018 to €774,821 in 2021.3 The company was declared bankrupt on 14 September 2023.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-11-2018
  3. 3National Bank, annual accounts 2018 and 2021
  4. 4Belgian Official Gazette, 20-09-2023

Company details

Identity

Enterprise number
0478.631.751
VAT number
BE 0478.631.751
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 14-09-2023
Founded
22-10-2002
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
LINUX in Dutch
Entity type
Legal entity

Registered office and establishments

1 establishment
Establishment Since Unit number
Brederodestraat 107 2018 Antwerp 6811001 Buying and selling of own real estate 23-01-2003 2.115.472.307
1 former office
  • Brederodestraat 75, 2018 Antwerpen until 15-10-2018 · deed of 08-11-2018

Buildings and parcels at the address

Ground area
5,303 m²
Buildings
3,300 m²
Volume, LiDAR
19,014 m³
Tallest building
10.4 m
Buildings to scale, each on its own parcel
3,300 m², 10.4 m 3,300 m², 10.4 m

Environmental permits

2 applications in Flanders since 2018 · 1 granted
14-09-2018 Granted Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 04-07-2018 · project 2018083326 Antwerpen
03-07-2018 Discontinued Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 13-06-2018 · project 2018071316 Antwerpen

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment approximate The establishment unit on the map
6 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11012A0158/00C0055,303 m² 1 · 3,300 m² 10.4 m · 1

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