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 58 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Lineage Ieper from Ieper, company number BE0888803377, closed financial year 2025 with a result of € 607,516 after tax. For that financial year Lineage Ieper recorded revenue of € 16 million and equity of € 23.3 million. Compared with financial year 2024, the result moved from € -383,492 to € 607,516. 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 22, 2026.
€ 23.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 607,516
▲ still € 383,492 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4.5 million.
People and assets in 2025
49.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▲ 18% vs 2024
€ 82,800 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.
€ 1.7 million
▲ 20% vs 2024
Of which on lease € 1 million.
Debts at end 2025
€ 28.1 million
▲ 1% vs 2024
€ 575,647 is repaid this year. At this pace the long-term loan is gone in ≈ 46 years.
€ 1.3 million
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 876,296
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,706,000 | € 14,087,132 | € 14,647,899 | € 15,964,605 | ▲ 9% |
| Profit after taxes | € -1,110,035 | € -132,188 | € -383,492 | € 607,516 | ▲ € 991,008 |
| Equity | € 4,556,665 | € 4,424,477 | € 22,668,679 | € 23,276,195 | ▲ 3% |
| Total debts | € 16,873,660 | € 18,927,928 | € 33,394,212 | € 33,599,854 | ▲ 1% |
| Cash | € 238,811 | - | - | - | |
| Land & buildings | € 8,995,893 | € 9,517,975 | € 9,992,544 | € 9,913,724 | ▼ 1% |
| Retained profit | € -4,573,660 | € -4,705,848 | € -5,089,340 | € -4,481,824 | ▲ € 607,516 |
| Bank debt | € 13,878,654 | € 13,042,676 | € 27,869,355 | € 28,103,407 | ▲ 1% |
| Balance sheet total | € 21,430,325 | € 23,352,405 | € 56,062,890 | € 56,876,048 | ▲ 1% |
| Employees (FTE) | 46.9 | 50.5 | 49.5 | 49.3 | ▼ 0.2 |
Key figures of Lineage Ieper, 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 Lineage Ieper?
What happened at Lineage Ieper in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 607,516. Source: NBB ↗
- Folkert Pieter Bergstra became a director. NBB
- Pedro Luis Fernandez Esteve became a director. NBB
- Raul Fores Valles became a director. NBB
- Vishal Kapoor stepped down as director. NBB
- Annegien Maria Kooij stepped down as director. NBB
- Vishal Kapoor became a director. NBB
- Annegien Maria Kooij became a director. NBB
In short
From € 1.1 million loss in 2022 to € 607,516 profit in 2025.
Paid € 2,078 in corporate taxes since 2022.
Best year ever: 2025, with € 607,516 profit.
Pays suppliers within 37 days on average.
A new publication or filing at Lineage Ieper? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Lineage Ieper are Folkert Pieter Bergstra, Pedro Luis Fernandez Esteve and Raul Fores Valles. It owns 100% of Lineage Belgium Bidco itself.
Directors
According to the 2025 annual accounts
Folkert Pieter Bergstra
Director
Also active at: Lineage Rijkevorsel, LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Y- FROST, Lineage Belgium Bidco
since 2025
Pedro Luis Fernandez Esteve
Director
Also active at: Lineage Rijkevorsel, LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Y- FROST, Lineage Belgium Bidco
since 2025
Raul Fores Valles
Director
Also active at: Lineage Rijkevorsel, LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Y- FROST, Lineage Belgium Bidco
since 2025
Vishal Kapoor
Director
Also active at: Lineage Rijkevorsel, LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Y- FROST, Lineage Belgium Bidco
since 2024 · until 2025
Annegien Maria Kooij
Director
Also active at: Lineage Rijkevorsel, LUIK NATIE STORAGE, Lineage BE TRS, CREDO HOLDING, Lineage Rijkevorsel Propco, Partner Logistics Holding Belgium, Y- FROST, Lineage Belgium Bidco
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Bargiestraat 5
8900 Ieper
Izegemsestraat(Heu) 412
8501 Kortrijk
Active since 19 May 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0888.803.377
- VAT number
- BE 0888.803.377
- Registered office
- Bargiestraat 5, 8900 Ieper
- Names & denominations
- Lineage Ieper
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 2007
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Opslag
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Activiteiten van holdings
Activiteiten van bouwarchitecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed
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