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The Last Link

Active
Private limited companyfounded 2024active for 1 yearRue Bois-d'Avroy 7, 4000 Liège, BelgiumKBO/BCE: BE 1017.747.853

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The Last Link has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,886 and a net result of €6,219. Its solvency ranks better than 17% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 20-12-2024 Normal situation
Legal form
Private limited company
Registered office
Rue Bois-d'Avroy 7, 4000 Liège
Activity
Activities of bailiffs NACE 69103
Establishment unit
2.367.862.941 4000 Liège, since 20-12-2024
Financial year end
31 December
Peppol
Reachable since 04-11-2025

Board and ownership

Board
  • Thibaut LionelDirector · since 20-12-2024

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€19,781
Turnover
≈ €120,000
estimated
Profit
€6,219
Equity
€8,886
Total assets
€56,484
2025 accounts filed 18 days after the deadline
Filed on 18-08-2026at the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 0.67, cash €13,029Figures for financial year 2025 (filed on 18-08-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 25% of micro companies in legal and accounting (NACE 69)
Financial strength
Average
Solvency 41
equity 15.7% of total assets
Liquidity 42
short-term debt 69.5% · cash 23.1%
Profitability 83
return on assets 11.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,076 companies, NACE 69, micro)
Last 24 months 01-2026: 0.6% 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026highest value 09-2026: 0.1%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.67, below 1. Short-term debt is 69.5% and cash 23.1% of total assets. 84.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 19% of them on solvency, 17% on liquidity and 39% on profitability.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.67, cash €13,029
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 18-08-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 15759 sector peers (2025).
NBB · sector comparison
Position among 15759 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
18 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Less equity than 87% of companies in legal and accountingsector median €86,378 · 15,764 companies €8,886 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about The Last Link

What is the company number of The Last Link?
The company number of The Last Link is 1017.747.853. The VAT number is the same number with BE in front: BE 1017.747.853.
Where is The Last Link based?
The registered office is at Rue Bois-d'Avroy 7, 4000 Liège.Company details
What does The Last Link do?
According to the KBO register, the main activity is activities of bailiffs (NACE 69103).
What is the legal form of The Last Link?
The legal form of The Last Link is Private limited company (BV).
When was The Last Link founded?
The Last Link was founded on 20-12-2024.
Is The Last Link still active?
Yes, The Last Link is an active enterprise in the KBO register.
What is the turnover of The Last Link?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €19,781 and 34 comparable companies (NACE 691). It probably lies between €66,000 and €280,000. It is a rough estimate.Financials
Is The Last Link profitable?
In financial year 2025, The Last Link made a profit of €6,219.
Where can I find the annual accounts of The Last Link?
The Last Link filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

Comparable companies

These companies have the same main activity as The Last Link: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €35,400 and €77,600, founded between 2024 and 2025.

CompanyTotal assetsGross margin
The Last Link Liège€56,484€19,781
FCMI Trooz€40,284€25,141
CCC HDJ Gerpinnes€35,392€18,273
FACILEX Brugge€35,941€19,662
Annveritas Nijlen€37,341€27,820
HEEROO Merchtem€46,204€31,857
JD LAW Bertem€77,633€23,272
Full comparison

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