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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
DE LINDE from Tervuren, company number BE0443473211, closed financial year 2025 with a result of € -64,695 after tax. For that financial year DE LINDE recorded a gross margin of € 79,398 and equity of € 354,824. Compared with financial year 2024, the result moved from € 9,630 to € -64,695. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 354,824
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,695
▼ still € 9,630 profit in 2024
Profit after tax over the fiscal year.
€ 37,341
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 128,051.
Debts at end 2025
€ 414,396
€ 40,011 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1,351
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,866
▲ 105% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,295 | € 22,297 | € 46,309 | € 79,398 | ▲ 71% |
| Profit after taxes | € 8,696 | € -11,236 | € 9,630 | € -64,695 | ▼ € 74,324 |
| Equity | € 421,125 | € 409,889 | € 419,519 | € 354,824 | ▼ 15% |
| Total debts | € 69,281 | € 62,741 | € 73,590 | € 576,858 | ▲ € 503,269 |
| Cash | € 159,087 | € 138,598 | € 118,168 | € 37,341 | ▼ 68% |
| Land & buildings | € 321,082 | € 318,911 | € 297,297 | € 885,625 | ▲ 198% |
| Retained profit | € 194,352 | € 183,116 | € 192,746 | € 128,051 | ▼ 34% |
| Bank debt | € 0 | € 0 | € 0 | € 414,396 | |
| Balance sheet total | € 490,406 | € 472,630 | € 493,108 | € 931,682 | ▲ 89% |
Key figures of DE LINDE, 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 DE LINDE?
What happened at DE LINDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Rutten stepped down as director. NBB
- Ann Rutten stepped down as director. NBB
- Elvire Kell stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 64,695 (▼ € 74,324 vs 2024). Source: NBB ↗
- Dirk Rutten became a director. NBB
- Ann Rutten became a director. NBB
- Elvire Kell became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,696 profit in 2022 to € 64,695 loss in 2025.
Paid € 3,034 in corporate taxes since 2022.
Best year ever: 2024, with € 9,630 profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Elvire Kell
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Begijnhofstraat 7B box 12
3080 Tervuren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.473.211
- VAT number
- BE 0443.473.211
- Registered office
- Begijnhofstraat 7B bus 12, 3080 Tervuren
- Names & denominations
- DE LINDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1991
- Peppol
- Active · Active since 24 Sept 2026