Financials
Financial year 2025
LINACO from Pittem, company number BE0681835962, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year LINACO recorded revenue of € 497,190 and equity of € 14 million. Compared with financial year 2024, the result moved from € 935,743 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 17, 2026.
€ 14 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ € 987,822 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 106,500
▲ 4% vs 2024
€ 106,500 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.
€ 62,153
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 52% vs 2024
€ 22,816 is repaid this year. At this pace the long-term loan is gone in ≈ 49 years.
€ 12,036
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 89,553
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 716,602 | € 1,408,942 | € 497,190 | ▼ 65% |
| Gross margin | € 408,720 | - | - | - | |
| Profit after taxes | € 188,739 | € 287 | € 935,743 | € 1,320,639 | ▲ 41% |
| Equity | € 11,855,322 | € 11,855,609 | € 12,791,352 | € 14,011,992 | ▲ 10% |
| Total debts | € 3,064,465 | € 3,040,410 | € 2,774,882 | € 1,780,235 | ▼ 36% |
| Cash | € 49,298 | € 113,768 | € 81,218 | € 1,069,040 | ▲ € 987,822 |
| Retained profit | € 855,322 | € 855,609 | € 1,791,352 | € 3,011,992 | ▲ 68% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 2,301,848 | € 2,165,588 | € 2,287,209 | € 1,107,409 | ▼ 52% |
| Balance sheet total | € 14,919,787 | € 14,896,018 | € 15,566,235 | € 15,792,227 | ▲ 1% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of LINACO, 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 LINACO?
What happened at LINACO 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 (▲ 41% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,739 profit in 2022 to € 1.3 million profit in 2025.
Paid € 161,473 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
On average € 408,700 of value added per employee in 2022.
Management
Behind LINACO is Dirk Verkinderen. It owns 100% of DV Fresh, 50% of Het Middenstandshuis and 50% of ND Constructief itself.
Directors
According to the 2025 annual accounts
Dirk Verkinderen
Statutaire Bestuurder
Also active at: Het Middenstandshuis, DV FRESH, ND Constructief, GOURMET INVEST
Establishments
Establishment units
Physical locations of this company
Vannestenstraat 3
8740 Pittem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0681.835.962
- VAT number
- BE 0681.835.962
- Registered office
- Vannestenstraat 3, 8740 Pittem
- Names & denominations
- LINACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2017
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen