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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.4 to 1.9.
Financials
Financial year 2025
L.I.N.K. from Bornem, company number BE0705912352, closed financial year 2025 with a result of € -18,980 after tax. For that financial year L.I.N.K. recorded a gross margin of € 218,258 and equity of € 43,088. Compared with financial year 2024, the result moved from € -22,912 to € -18,980. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 43,088
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,980
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,002
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,088.
People and assets in 2025
1.9
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 205,188
▼ 41% vs 2024
€ 108,000 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.
Debts at end 2025
€ 1.3 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 2,664
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,886
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 358,161 | € 434,488 | € 378,906 | € 218,258 | ▼ 42% |
| Profit after taxes | € 19,779 | € 9,429 | € -22,912 | € -18,980 | ▲ € 3,933 |
| Equity | € 1,148,051 | € 84,980 | € 62,067 | € 43,088 | ▼ 31% |
| Total debts | € 1,519,793 | € 1,513,172 | € 1,387,410 | € 1,369,197 | ▼ 1% |
| Cash | € 16,646 | € 5,519 | € 4,237 | € 4,002 | ▼ 6% |
| Retained profit | € 63,051 | € 64,980 | € 42,067 | € 23,088 | ▼ 45% |
| Dividend | € 10,000 | € 7,500 | € 0 | € 0 | |
| Bank debt | € 1,136,000 | € 1,342,000 | € 1,318,000 | € 1,300,000 | ▼ 1% |
| Balance sheet total | € 2,667,845 | € 1,598,152 | € 1,449,478 | € 1,412,285 | ▼ 3% |
| Employees (FTE) | 2.8 | 3.4 | 3.1 | 1.9 | ▼ 1.2 |
Key figures of L.I.N.K., 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 L.I.N.K.?
What happened at L.I.N.K. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,980. Source: NBB ↗
- Igor VAN ASSCHE became a director. NBB
- Didier CLERX became a director. NBB
- PEOPLE 21 BE BV became a director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,779 profit in 2022 to € 18,980 loss in 2025.
Paid € 23,529 in corporate taxes since 2022.
Best year ever: 2022, with € 19,779 profit.
On average € 114,900 of value added per employee in 2025.
Management
The stake of PEOPLE 21 BE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
L.I.N.K.Behind L.I.N.K. are Igor VAN ASSCHE, Didier CLERX and PEOPLE 21 BE BV. The shares are held by PEOPLE 21 BE (80%). It owns 100% of STIPT BE EMPLOYMENT SERVICES and 100% of LINK2EUROPE itself.
Directors
According to the 2025 annual accounts
Igor VAN ASSCHE
Bestuurder
Also active at: Link2Europe Global Recruitment, Houses4Talent, LINK2EUROPE
since 2025
Didier CLERX
Bestuurder
Also active at: EURO FRESH FOODS, BORETTI BELGIO, HEAT 21, Distritech 21, E.C.K., BRIO GROUP, CAROLEASE 12A, CONFOOD +11 more
since 2025
Bestuurder · represented by Wim HEYLEN
since 2025
Shareholders
80%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rijksweg(BOR) 10A
2880 Bornem
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
- 0705.912.352
- VAT number
- BE 0705.912.352
- Registered office
- Rijksweg(BOR) 10A, 2880 Bornem
- Names & denominations
- L.I.N.K.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2018
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- 0477328512
- Activities · NACE
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