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The Last Link

Active
Private limited companyfounded 20241 yr activeRue Bois-d'Avroy 7, 4000 Liège, BelgiumKBO/BCE: BE 1017.747.853

The Last Link has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €6k. Its solvency ranks better than 18% of 12539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
48 / 100
Fair
The score combines four axes. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency14
Growth-
Stability67
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.67), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 12539 sector peers (2025).
NBB · sector comparison
Position among 12539 sector peers
Solvency
better than 18%
← 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 18-08-2026, 18 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 · 1 filing
Deviation from the deadline
2025
18 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k
Total assets
€56k
Net result
€6k
Working capital
€-13k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €56k
Fixed assets €30k
Current assets €26k
Equity and liabilities €56k
Equity €9k
Debt €48k
Debt finances 84.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17k
Cash flow
€13k
Solvency
15.7%
Current ratio
0.67
Quick ratio
0.67
Debt / equity
5.36
ROE
70.0%
ROA
11.0%
Interest coverage
29.90
Debt
€48k
Debt ≤ 1 year
€39k
Debt > 1 year
€8k
Income taxes
€3k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€56k
Fixed assets21/28€30k
Tangible fixed assets22/27€30k
Furniture and vehicles24€30k
Current assets29/58€26k
Amounts receivable within one year40/41€11k
Trade receivables40€11k
Cash at bank and in hand54/58€13k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€56k
Equity10/15€9k
Contributions10/11€4k
Profit (loss) carried forward14€5k
Amounts payable17/49€48k
Amounts payable after more than one year17€8k
Financial debts170/4€8k
Amounts payable within one year42/48€39k
Current portion of amounts payable after more than one year42€9k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€8k
Taxes450/3€8k
Other amounts payable47/48€21k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k
Other operating charges640/8€3k
Gross operating margin9900€20k
Operating profit (loss)9901€10k
Financial charges65/66B€567
Recurring financial charges65€567
Profit (loss) for the period before taxes9903€9k
Income taxes67/77€3k
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k
Appropriation of the result
Profit (loss) to be appropriated9906€6k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
NBB filing

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, Liège · 1 establishment unit since 2024
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 Bois-d'Avroy 74000 Liège
Ground area
203 m²
Building footprint
57 m²
Volume, LiDAR
394 m³
Parcel 62804D0259/00E000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Last Link
Rue Bois-d'Avroy 7, 4000 LiègeActivities of bailiffs
since 20242.367.862.941
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62804D0259/00E000 Wallonia 203 m² 1 · 57 m² 7.3 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

Of 1,015 companies in sector 69103 we hold annual accounts for 609. 225 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-12-2024
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.