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 40 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
LINDEN from Liège, company number BE0451109089, closed financial year 2026 with a result of € 88,984 after tax. For that financial year LINDEN recorded a gross margin of € 768,951 and equity of € 1.4 million. Compared with financial year 2025, the result moved from € 43,799 to € 88,984. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 1.4 million
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,984
▲ 103% vs 2025
Profit after tax over the fiscal year.
€ 237,537
▼ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 21,230 paid out
24 % of the profit went to the shareholders, mostly to LDBG (100 % of the shares). That is where the money ends up.
People and assets in 2026
11.5
▲ 0.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 416,835
▼ 3% vs 2025
€ 36,200 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.
€ 23,749
▼ 2% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 408,255
▼ 16% vs 2025
€ 80,329 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 626,107
▲ 7% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 89,393
▲ 39% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 4,245,731 | - | - | - | |
| Gross margin | € 553,467 | € 710,574 | € 650,795 | € 768,951 | ▲ 18% |
| Profit after taxes | € 45,860 | € 164,202 | € 43,799 | € 88,984 | ▲ 103% |
| Equity | € 1,213,537 | € 1,283,689 | € 1,307,488 | € 1,375,242 | ▲ 5% |
| Total debts | € 841,830 | € 1,475,159 | € 1,189,319 | € 1,157,216 | ▼ 3% |
| Cash | € 684,031 | € 393,316 | € 253,585 | € 237,537 | ▼ 6% |
| Retained profit | € 1,057,537 | € 1,127,689 | € 1,151,488 | € 1,219,242 | ▲ 6% |
| Dividend | € 29,200 | € 94,050 | € 20,000 | € 21,230 | ▲ 6% |
| Bank debt | € 127,442 | € 562,611 | € 486,462 | € 408,255 | ▼ 16% |
| Balance sheet total | € 2,055,367 | € 2,758,848 | € 2,496,807 | € 2,532,458 | ▲ 1% |
| Employees (FTE) | 11.7 | 10.9 | 10.9 | 11.5 | ▲ 0.6 |
Key figures of LINDEN, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to LINDEN?
What happened at LINDEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 88,984 (▲ 103% vs 2025). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,860 profit in 2023 to € 88,984 profit in 2026.
Paid € 86,486 in corporate taxes since 2023.
Best year ever: 2024, with € 164,202 profit.
On average € 66,900 of value added per employee in 2026.
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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 LDBG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LINDENBehind LINDEN is LDBG SRL. The shares are held by LDBG (100%).
Establishments
Establishment units
Physical locations of this company
Rue du Pot-d'Or 12
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.109.089
- VAT number
- BE 0451.109.089
- Registered office
- Rue du Pot-d'Or 12, 4000 Liège
- Names & denominations
- LINDEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1993
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in schoeisel
Groothandel in lederwaren en reisartikelen
Detailhandel in cosmetica en toiletartikelen
Groothandel in schoeisel
Groothandel in parfumerieën en cosmetica
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