Age8 yrs
Real estate3 parcels · 3,377 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of LINIJOTI is 4.3% (elevated). The 2024 annual accounts show negative equity (€-68k) and a net result of €-37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 5650 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone4.3%
Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Annual accounts: weaker financial profile
+Multiple establishment units
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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.
How we compute the deadline
The year end is derived from 6 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 10-10-2025 | 71 d late | 2025-00538803 |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00411901 |
| 31-12-2022 | 31-07-2023 | 09-10-2023 | 70 d late | 2023-00481944 |
| 31-12-2021 | 31-07-2022 | 09-06-2023 | 313 d late | 2023-00120613 |
| 31-12-2020 | 31-07-2021 | 04-03-2022 | 216 d late | 2022-07000347 |
| 31-12-2019 | 31-07-2020 | 05-10-2020 | 66 d late | 2020-60100593 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-37k-67.8%
Working capital€-84k-55.3%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 10-10-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -29.6% | 19.3% | |
| Net result | €-37k | €4k | |
| Equity | €-68k | €14k | |
| Gross operating margin | €4k | €52k | |
| Staff costs | €40k | €49k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P19
Weakening position over 2020-2024
· n=1436-5650
P8
Weakening position over 2020-2024
· n=1428-5638
P6
Weakening position over 2020-2024
· n=1440-5662
P17
Weakening position over 2020-2024
· n=1422-5624
Describes the position versus peers, not a forecast.
€-15k
+38.9%
19-24
€-37k
-67.8%
19-24
€-15k
+39.1%
19-24
€230k
+84.7%
19-24
€-68k
-118.3%
19-24
€-84k
-55.3%
19-24
4
-12.5%
19-24
€40k
-58.9%
19-24
Show 10 other metrics
€6k
-
19-24
€298k
+91.5%
19-24
€291k
+87.3%
19-24
0.71
+9.2%
19-24
0.71
+81.1%
19-24
-29.6%
-18.2%
19-24
-4.38
+12.3%
19-24
54.2%
-23.2%
19-24
-16.1%
+9.2%
19-24
-31.77
-10.3%
19-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-37k |
| Cash flow | - |
| Staff costs | €40k |
| Income taxes | - |
| Dividends | - |
| Total assets | €230k |
| Equity | €-68k |
| Debt | €298k |
| of which ≤ 1y | €291k |
| of which > 1y | - |
| Working capital | €-84k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.71 |
| Quick ratio | 0.71 |
| Working capital ratio | -36.7% |
| Solvency | -29.6% |
| Debt / equity | -4.38 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -16.1% |
| ROE | 54.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €230k |
| Fixed assets | 21/28 | €24k |
| Intangible fixed assets | 21 | €12k |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €363 |
| Current assets | 29/58 | €206k |
| Amounts receivable within one year | 40/41 | €202k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €230k |
| Equity | 10/15 | €-68k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €19k |
| Accumulated profits (losses) | 14 | €-94k |
| Amounts payable | 17/49 | €298k |
| Amounts payable within one year | 42/48 | €291k |
| Trade debts payable within one year | 44 | €189k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €-37k |
| Financial charges | 65 | €175 |
| Result before taxes | 9903 | €-37k |
| Net result for the period | 9904 | €-37k |
| Result to be appropriated | 9905 | €-37k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed22
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
1 directorFormer directors (1)
-
Nick TorfsManagerState Gazette act 22149799 (19-12-2022)Former- → 30-06-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Catering van evenementen(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 26-03-2018 |
| Status | Active |
| Postal code | 2580 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Lierbaan 2192580 PutteEstablishment units
2 locationsBerlaarbaan 29, 2580 Putte
since 20182.279.004.013
Lierbaan 129, 2580 Putte
since 20192.296.365.924
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area3,377 m²
Buildings3
Building footprint683 m²
Volume (LiDAR)1,455 m³
Tallest building7.7 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0463/00B000 | Flanders | 1,889 m² | 1 · 258 m² | 7.7 m · 2 fl. |
| 12029A0244/00N002 | Flanders | 1,132 m² | 1 · 325 m² | 7.6 m · 1 fl. |
| 12029A0671/00M002 | Flanders | 356 m² | 1 · 99 m² | 6.6 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts All acts · 3
updated 1 year ago
2025
31-01-2025 Board composition published correction
Summary:
114.6465Notary:
Bosmans Joachim · Putte
2024
06-06-2024 Change in the board of directors
Notary:
Karen Hermans · Heist-op-den-Berg
2022
19-12-2022 Mandate of Nick Torfs as manager expired
- Nick Torfs, Zaakvoerder
Analysis
Financial profile
5 of 5 axes measured58
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
22
Profitability
100
Solvency
38
Growth
32
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 697 of the 7,522 companies in this sector. 599 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Catering56210Catering van evenementen56210Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Overige financiële dienstverlening64999Overige financiële dienstverlening, neg64999Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden77223Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden77293
Primary activity highlighted.
Names & trade names
| Legal nameNL | LINIJOTI |
Registered office
Lierbaan 219
2580 Putte, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.