LnK
ActiveLnK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €28k. Equity is shrinking by ~67.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 15% of 125 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+80
Solvency27▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight 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 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2%
Return on assets
13.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 125 sector peers (2025).
NBB · sector comparisonPosition among 125 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
27 d late
2023
60 d late
2022
60 d late
2021
155 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4k
2024 · €-23k
2018: €123k
2019: €290k
2020: €46k
2021: €53k
2022: €22k
2023: €4k
2024: €-23k
2018 → 2025
Total assets
€206k▼ 23.5%
2024 · €269k
2018: €244k
2019: €344k
2020: €91k
2021: €178k
2022: €163k
2023: €156k
2024: €269k
2018 → 2025
Net result
€28k
2024 · €-27k
2018: €-993
2019: €167k
2020: €10k
2021: €6k
2022: €-30k
2023: €-19k
2024: €-27k
2018 → 2025
Working capital
€-58k▲ 28.6%
2024 · €-81k
2018: €189k
2019: €285k
2020: €42k
2021: €69k
2022: €-14k
2023: €-31k
2024: €-81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€22k▼ 57.9%€4k▼ 84.1%€-23k€4k
Operating result€8k-€-30k€-18k▲ 40.6%€-26k▼ 47.4%€28k
Net result€6k-€-30k€-19k▲ 38.8%€-27k▼ 45.1%€28k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €28k after a loss of €26k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€62k▲ 5.1%
Current assets
€144k▼ 31.5%
Equity and liabilities €206k
Equity
€4k
Debt
€202k
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€37k▲
2024 · €-17k
Cash flow
€36k▲
2024 · €-18k
Solvency
2.0%▲
2024 · -8.7%
Current ratio
0.71▼
2024 · 0.72
Quick ratio
0.17▼
2024 · 0.25
Debt / equity
48.53▲
2024 · -12.46
ROE
664.7%
ROA
13.4%▲
2024 · -10.0%
Interest coverage
64.88▲
2024 · -22.12
Debt
€202k▼
2024 · €293k
Debt ≤ 1 year
€202k▼
2024 · €291k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€269k€206k▼
Fixed assets21/28€59k€62k▲
Intangible fixed assets21€44k€50k▲
Tangible fixed assets22/27€15k€12k▼
Plant, machinery and equipment23€484€141▼
Furniture and vehicles24€99-
Other tangible fixed assets26€14k€12k▼
Current assets29/58€210k€144k▼
Stocks and contracts in progress3€136k€110k▼
Stocks30/36€136k€110k▼
Amounts receivable within one year40/41€27k€2k▼
Trade receivables40€16k€1k▼
Other amounts receivable41€11k€1k▼
Cash at bank and in hand54/58€47k€31k▼
Deferred charges and accrued income490/1€535€1k▲
Equity and liabilities
Total equity and liabilities10/49€269k€206k▼
Equity10/15€-23k€4k▲
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-33k€-5k▲
Amounts payable17/49€293k€202k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€291k€202k▼
Current portion of amounts payable after more than one year42€8k€1k▼
Trade debts44€25k€13k▼
Suppliers440/4€25k€13k▼
Advances received on contracts in progress46€102k-
Taxes, remuneration and social security45€74-
Taxes450/3€74-
Other amounts payable47/48€156k€187k▲
Accrued charges and deferred income492/3€100€100=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Gross operating margin9900€-17k€37k▲
Operating profit (loss)9901€-26k€28k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€784€567▼
Recurring financial charges65€784€567▼
Profit (loss) for the period before taxes9903€-27k€28k▲
Profit (loss) for the period9904€-27k€28k▲
Profit (loss) for the period to be appropriated9905€-27k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-5k▲
Profit (loss) brought forward from the previous period14P€-6k€-33k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 155 days late
2022
31-12
Financial
Weakest financial yearnet €-30k ▼593%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €167k
Net result €167k after one loss-making year.
31-12
Financial
Equity above €200kEq €290k ▲136%
Equity rises from €123k to €290k.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Fléron · 1 establishment unit since 2007
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.
Rue des Combattants 444624 FléronGround area
1,560 m²
Building footprint
182 m²
Volume, LiDAR
1,119 m³
Parcel 62089B0631/00L000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LnK
since 20072.162.225.515
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62089B0631/00L000 | Wallonia | 1,560 m² | 1 · 182 m² | 7.9 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
AS TEC
BE 1011.739.989
Antwerpen · Eq €4k
MG TEC
BE 0736.482.792
Antwerpen · Eq €4k
Voltrex
BE 1028.354.210
Sint-Niklaas · Eq €5k
Braive - Instruments
BE 0414.698.853
Liège · Eq €5k
A.B. PROCESS AUTOMATION
BE 0774.749.391
Niel · Eq €6k
Of 213 companies in sector 26510 we hold annual accounts for 166. 14 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2007
Fiscal year end31-12
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
33201
33202
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.