Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Lineage Rijkevorsel from Rijkevorsel, company number BE0425552856, closed financial year 2025 with a result of € -29,835 after tax. For that financial year Lineage Rijkevorsel recorded a gross margin of € 3.8 million and equity of € -669,776. Compared with financial year 2024, the result moved from € -1.3 million to € -29,835. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -669,776
▼ € 29,835 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,835
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
33.1
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 10% vs 2024
€ 78,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.5 million
▼ 7% vs 2024
Of which on lease € 3.5 million.
Debts at end 2025
€ 3.2 million
▲ 6% vs 2024
€ 262,799 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 645,076
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 676,422
▼ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,433,077 | € 2,249,035 | € 2,919,555 | € 3,842,980 | ▲ 32% |
| Profit after taxes | € -235,237 | € -392,274 | € -1,342,308 | € -29,835 | ▲ € 1.3 million |
| Equity | € 1,094,640 | € 702,366 | € -639,941 | € -669,776 | ▼ € 29,835 |
| Total debts | € 6,951,628 | € 6,417,145 | € 6,505,984 | € 6,789,832 | ▲ 4% |
| Cash | € 412,460 | € 592,640 | - | - | |
| Land & buildings | € 226,995 | € 196,162 | € 171,349 | € 435,205 | ▲ 154% |
| Retained profit | € 73,745 | € -238,380 | € -1,500,538 | € -1,530,373 | ▼ € 29,835 |
| Bank debt | € 4,816,926 | € 3,203,814 | € 2,988,121 | € 3,153,717 | ▲ 6% |
| Balance sheet total | € 8,279,332 | € 7,119,512 | € 5,866,042 | € 6,120,056 | ▲ 4% |
| Employees (FTE) | 28.5 | 29 | 31.7 | 33.1 | ▲ 1.4 |
Key figures of Lineage Rijkevorsel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Lineage Rijkevorsel?
What happened at Lineage Rijkevorsel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,835. Source: NBB ↗
- Folkert Pieter Bergstra became a director. NBB
- Pedro Luis Fernandez Esteve became a director. NBB
- Raul Fores Valles became a director. NBB
- Vishal Kapoor stepped down as director. NBB
- Annegien Maria Kooij stepped down as director. NBB
- Vishal Kapoor became a director. NBB
- Annegien Maria Kooij became a director. NBB
In short
From € 235,237 loss in 2022 to € 29,835 loss in 2025.
Paid € 7,486 in corporate taxes since 2022.
On average € 116,100 of value added per employee in 2025.
A new publication or filing at Lineage Rijkevorsel? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Partner Logistics Holding Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lineage RijkevorselBehind Lineage Rijkevorsel are Folkert Pieter Bergstra, Pedro Luis Fernandez Esteve and Raul Fores Valles. The shares are held by Partner Logistics Holding Belgium (100%).
Directors
According to the 2025 annual accounts
Folkert Pieter Bergstra
Director
Also active at: LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Lineage Ieper, Y- FROST, Lineage Belgium Bidco
since 2025
Pedro Luis Fernandez Esteve
Director
Also active at: LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Lineage Ieper, Y- FROST, Lineage Belgium Bidco
since 2025
Raul Fores Valles
Director
Also active at: LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Lineage Ieper, Y- FROST, Lineage Belgium Bidco
since 2025
Vishal Kapoor
Director
Also active at: LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Lineage Ieper, Y- FROST, Lineage Belgium Bidco
since 2024 · until 2025
Annegien Maria Kooij
Director
Also active at: LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Lineage Ieper, Y- FROST, Lineage Belgium Bidco
since 2022 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Houtelweg 1
2310 Rijkevorsel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →H & L PRODUCTIONS
€ 29.4 million revenue · 2025
DTS MEAT PROCESSING
€ -49,689 gross margin · 2025
HEIJBOER HOLDING
€ 112,388 gross margin · 2025
Lineage Rijkevorsel Propco same network
€ 175,919 gross margin · 2025
Partner Logistics Holding Belgium same network
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.552.856
- VAT number
- BE 0425.552.856
- Registered office
- Houtelweg 1, 2310 Rijkevorsel
- Names & denominations
- Lineage Rijkevorsel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 1984
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Opslag
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