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LINNAEUS

Active
Private limited company·Plaatsen van vloerbedekking en wandbekleding van hout· 22 yrs active
Industriestraat 7 ·8755 Wingene, Belgium
KBO/BCE: BE 0861.361.780
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age22 yrs
Staff (FTE)0.8

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LINNAEUS is 0.7% (low). The 2024 annual accounts show equity of €1.08M and a net result of €129k. Equity is growing by ~46.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 992 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 2003, 22 years in business.
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 administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€129k+50.4%
Working capital€161k+107.1%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · verkort
€0€200k€400k€600kOperating result 2020: €15k€15kNet result 2020: €20k€20kOperating result 2021: €63k€63kNet result 2021: €40k€40kOperating result 2022: €584k€584kNet result 2022: €524k€524kOperating result 2023: €138k€138kNet result 2023: €86k€86kOperating result 2024: €194k€194kNet result 2024: €129k€129k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~46.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€2.00M€4.00M2025: €1.91M (€1.79M - €2.03M)2026: €2.80M (€2.61M - €2.99M)2027: €4.12M (€3.85M - €4.38M)2018: €130k2019: €158k2020: €321k2021: €342k2022: €866k2023: €951k2024: €1.08M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 30.4% 35.4%
better than 44% of 992 sector peers
Net result €129k €30k
better than 81% of 991 sector peers
Equity €1.08M €121k
better than 93% of 992 sector peers
Gross operating margin €388k €172k
better than 69% of 991 sector peers
Staff costs €47k €194k
higher than 22% of 619 sector peers
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).
Solvency P44
2020: P22 · n=4302021: P20 · n=5562022: P38 · n=7492023: P40 · n=9012024: P44 · n=9922020 2024
Improving position over 2020-2024 · n=430-992
Net result P81
2020: P41 · n=4302021: P55 · n=5542022: P95 · n=7472023: P70 · n=9012024: P81 · n=9912020 2024
Improving position over 2020-2024 · n=430-991
Equity P93
2020: P63 · n=4302021: P68 · n=5562022: P91 · n=7492023: P91 · n=9012024: P93 · n=9922020 2024
Improving position over 2020-2024 · n=430-992
Gross operating margin P69
2020: P78 · n=4292021: P80 · n=5552022: P85 · n=7482023: P65 · n=8992024: P69 · n=9912020 2024
Stable position over 2020-2024 · n=429-991
Describes the position versus peers, not a forecast.
EBITDA
€322k
+14.1% far above sector median
Net profit
€129k
+50.4% far above sector median
Cash flow
€257k
+12.0% far above sector median
Total assets
€3.54M
-3.8% far above sector median
Equity
€1.08M
+13.1% far above sector median
Working capital
€161k
+107.1% far above sector median
Employees (FTE)
1
-11.1% -47% vs sector
Staff costs
€47k
-2.2% +55% vs sector
Income taxes
€50k
+62.1% far above sector median
Dividends
€4k
- far above sector median
Debt
€2.45M
-9.8% far above sector median
Debt ≤ 1y
€175k
-35.7% far above sector median
Debt > 1y
€2.27M
-7.1% far above sector median
Current ratio
1.92
+49.5% +89% vs sector
Quick ratio
1.82
+50.5% +99% vs sector
Solvency
30.4%
+17.6% +7% vs sector
Debt / equity
2.28
-20.2% -10% vs sector
ROE
12.0%
+33.0% far above sector median
ROA
3.6%
+56.5% far above sector median
Interest coverage
7.47
+14.8% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€322k
Net profit€129k
Cash flow€257k
Staff costs€47k
Income taxes€50k
Dividends€4k
Total assets€3.54M
Equity€1.08M
Debt€2.45M
of which ≤ 1y€175k
of which > 1y€2.27M
Working capital€161k
Employees (FTE)0.8
Ratios (computed)
2024
Current ratio1.92
Quick ratio1.82
Working capital ratio4.6%
Solvency30.4%
Debt / equity2.28
Long-term debt ratio2.11
Interest coverage7.47
Gross margin-
Net margin-
ROA3.6%
ROE12.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€3.54M
Fixed assets 21/28€3.21M
Tangible fixed assets 22/27€2.93M
Financial fixed assets 28€275k
Current assets 29/58€336k
Stocks & contracts in progress 3€19k
Amounts receivable within one year 40/41€131k
Investments 50/53€100k
Cash & bank 54/58€47k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.54M
Equity 10/15€1.08M
Contributions / capital 10/11€200k
Reserves 13€876k
Accumulated profits (losses) 14€0
Provisions & deferred taxes 16€16k
Amounts payable 17/49€2.45M
Amounts payable after one year 17€2.27M
Amounts payable within one year 42/48€175k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€388k
Operating result 9901€194k
Financial income 75€27k
Financial charges 65€43k
Result before taxes 9903€178k
Income taxes 67/77€50k
Net result for the period 9904€129k
Result to be appropriated 9905€133k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
91 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
2 companies at this address See who is registered here

Establishment units

1 location
LINNAEUS BV
Industriestraat 7, 8755 WingeneZagen en schaven van hout
since 20032.135.379.180
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,487 m²
Buildings1
Building footprint1,961 m²
Volume (LiDAR)10,516 m³
Tallest building6.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012C0335/00P000 Flanders 3,487 m² 1 · 1,961 m² 6.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 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

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health91Profitability60Solvency68Growth78Stability100
79 / 100

Exceptional profile, strong across almost every axis.

Health 91
Profitability 60
Solvency 68
Growth 78
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloerbedekking en wandbekleding van hout43332Plaatsen van vloerbedekking van hout of andere materialen45432Vervaardiging van ander schrijn- en timmerwerk16230Vervaardiging van ander schrijn- en timmerwerk16230Vervaardiging van schrijn- en timmerwerk20300Vervaardiging artikelen van hout (bouw)20301Schrijnwerk43320Schrijnwerk43320Dakwerkzaamheden43410Dakwerkzaamheden43910Dakbedekking en bouw van dakconstructies45220Schrijnwerk van hout of van kunststof45421Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige adviesbureaus op het gebied van bedrijfsvoering en beheer74142
Primary activity highlighted.
Names & trade names
Legal nameNL LINNAEUS
Registered office
Industriestraat 7
8755 Wingene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.