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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LINUM from Izegem, company number BE0474854788, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year LINUM recorded a gross margin of € 1.4 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 77,527 to € 1.3 million. 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 8, 2026.
€ 2.9 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ € 1.2 million vs 2024
Profit after tax over the fiscal year.
€ 23,617
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 330,000 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 3,052
▲ 232% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,115
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 134,476
▲ € 126,626 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 | € 84,425 | € 61,938 | € 110,545 | € 1,410,718 | ▲ € 1.3 million |
| Profit after taxes | € 59,326 | € 134,047 | € 77,527 | € 1,281,248 | ▲ € 1.2 million |
| Equity | € 1,998,056 | € 2,031,303 | € 2,077,997 | € 2,943,745 | ▲ 42% |
| Total debts | € 66,902 | € 38,383 | € 9,936 | € 136,160 | ▲ € 126,224 |
| Cash | € 75,428 | € 81,177 | € 108,251 | € 23,617 | ▼ 78% |
| Land & buildings | € 9,402 | € 9,183 | € 8,964 | € 8,744 | ▼ 2% |
| Retained profit | € 1,582,602 | € 1,715,849 | € 1,792,543 | € 2,743,791 | ▲ 53% |
| Dividend | € 800 | € 800 | € 833 | € 330,000 | ▲ € 329,167 |
| Bank debt | € 46,377 | € 15,545 | € 0 | € 0 | |
| Balance sheet total | € 2,064,958 | € 2,069,686 | € 2,087,933 | € 3,079,905 | ▲ 48% |
Key figures of LINUM, 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 LINUM?
What happened at LINUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ € 1.2 million vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
- Lieven Hector Spillebeen became a director. NBB
In short
From € 59,326 profit in 2022 to € 1.3 million profit in 2025.
Paid € 217,832 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 332,433 in dividends to the owners in total.
Management
Behind LINUM is Lieven Hector Spillebeen. It owns 99.8% of SPILLEBEEN INVEST and 99% of SPILLIN itself.
Directors
According to the 2025 annual accounts
Lieven Hector Spillebeen
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Abelestraat 8
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.854.788
- VAT number
- BE 0474.854.788
- Registered office
- Abelestraat 8, 8870 Izegem
- Names & denominations
- LINUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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