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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LIN + from Visé, company number BE0670873675, closed financial year 2025 with a result of € 9,630 after tax. For that financial year LIN + recorded a gross margin of € 24,695 and equity of € 87,598. Compared with financial year 2024, the result moved from € 929 to € 9,630. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2026.
€ 87,598
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,630
▲ € 8,701 vs 2024
Profit after tax over the fiscal year.
€ 16,218
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 68,998.
People and assets in 2025
€ 23,980
▼ 21% vs 2024
Of which on lease € 23,034.
Debts at end 2025
€ 32,546
▲ 20% vs 2024
€ 8,210 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 16,407
▲ 276% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,167
▲ € 4,061 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -21,512 | € 227,603 | € 20,007 | € 24,695 | ▲ 23% |
| Profit after taxes | € -55,320 | € 176,611 | € 929 | € 9,630 | ▲ € 8,701 |
| Equity | € -99,573 | € 77,038 | € 77,967 | € 87,598 | ▲ 12% |
| Total debts | € 1,063,141 | € 401,972 | € 171,051 | € 173,224 | ▲ 1% |
| Cash | € 1,126 | € 548 | € 16,306 | € 16,218 | ▼ 1% |
| Retained profit | € -118,173 | € 58,438 | € 59,367 | € 68,998 | ▲ 16% |
| Bank debt | € 760,677 | € 33,140 | € 27,200 | € 32,546 | ▲ 20% |
| Balance sheet total | € 963,568 | € 479,010 | € 249,018 | € 260,821 | ▲ 5% |
Key figures of LIN +, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LIN +?
What happened at LIN + in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,630 (▲ € 8,701 vs 2024). Source: NBB ↗
- Françoise GARRAY became a director. NBB
- Xavier HARTMANN stepped down as director. NBB
- New establishment in Visé. KBO
- François HARTMANN became a director. NBB
- Xavier HARTMANN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,320 loss in 2021 to € 9,630 profit in 2025.
Paid € 32,441 in corporate taxes since 2021.
Best year ever: 2022, with € 176,611 profit.
Management
Behind LIN + are François HARTMANN and Françoise GARRAY. François HARTMANN is also behind FFX.
Establishments
Establishment units
Physical locations of this company
Allée des Platanes(VIS) 40
4600 Visé
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0670.873.675
- VAT number
- BE 0670.873.675
- Registered office
- Allée des Platanes(VIS) 40, 4600 Visé
- Names & denominations
- LIN +
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2017
- Peppol
- Active · Active since 6 Mar 2026
- Activities · NACE
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