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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Link-Gennen & Schmatz from Sankt Vith, company number BE0759666782, closed financial year 2025 with a result of € 277,476 after tax. For that financial year Link-Gennen & Schmatz recorded a gross margin of € 1.4 million and equity of € 931,036. Compared with financial year 2024, the result moved from € 312,862 to € 277,476. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 931,036
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 277,476
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 151,460
▲ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 285,760 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
7.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 380,595
▲ 5% vs 2024
€ 50,100 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.
€ 58,348
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 9% vs 2024
€ 198,905 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 104,112
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 112,397
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,038,697 | € 1,254,050 | € 1,368,009 | € 1,406,038 | ▲ 3% |
| Profit after taxes | € 333,703 | € 210,198 | € 312,862 | € 277,476 | ▼ 11% |
| Equity | € 525,260 | € 684,457 | € 939,320 | € 931,036 | ▼ 1% |
| Total debts | € 2,022,203 | € 1,803,697 | € 1,638,006 | € 2,335,190 | ▲ 43% |
| Cash | € 244,731 | € 111,246 | € 87,594 | € 151,460 | ▲ 73% |
| Retained profit | € 275,260 | € 434,457 | € 689,320 | € 681,036 | ▼ 1% |
| Dividend | € 48,000 | € 51,000 | € 58,000 | € 285,760 | ▲ € 227,760 |
| Bank debt | € 1,808,997 | € 1,616,049 | € 1,421,135 | € 1,299,236 | ▼ 9% |
| Balance sheet total | € 2,547,463 | € 2,488,154 | € 2,577,326 | € 3,266,226 | ▲ 27% |
| Employees (FTE) | 6.8 | 8.5 | 7.4 | 7.6 | ▲ 0.2 |
Key figures of Link-Gennen & Schmatz, 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 Link-Gennen & Schmatz?
What happened at Link-Gennen & Schmatz in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aline MEYERS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 277,476 (▼ 11% vs 2024). filed late Source: NBB ↗
- Vincent GENNEN stepped down as director. NBB
- Andy COLLES stepped down as director. NBB
- Viviane VASSEN stepped down as director. NBB
- Olivier SCHMATZ stepped down as director. NBB
- Laura HEINEN stepped down as director. NBB
- Andy COLLES became a director. NBB
In short
From € 333,703 profit in 2022 to € 277,476 profit in 2025.
Paid € 483,516 in corporate taxes since 2022.
Best year ever: 2022, with € 333,703 profit.
On average € 185,000 of value added per employee in 2025.
Management
It owns 100% of LINK-GENNEN & SCHMATZ and 66.7% of Norbert Keller itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Andy COLLES
Director
since 2023 · until 2026
Viviane VASSEN
Director
since 2020 · until 2026
Olivier SCHMATZ
Director
since 2021 · until 2026
since 2020 · until 2026
Laura HEINEN
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Malmedyer Strasse 97 box B
4780 Sankt Vith
Zur Kaiserbaracke,Recht 164
4780 Sankt Vith
Active since 10 December 2020
Cherain 6 box A
6673 Gouvy
Active since 1 January 2023
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
- 0759.666.782
- VAT number
- BE 0759.666.782
- Registered office
- Malmedyer Strasse 97 bus B, 4780 Sankt Vith
- Names & denominations
- Link-Gennen & Schmatz · LGS & Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2020
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Activiteiten van holdings
Holdings