ACTIVE

De Linde

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Financial year 2025 · closed on 31/12/2025

Net result

62,1 k €

+140.9% YoY

Revenue

5,5 M €

+5.9% YoY

Equity

3,2 M €

+1.7% YoY

Workforce

71,4 ETP

+4.5% YoY

What does De Linde do?

De Linde is a Non-profit organization incorporated in 1983. Its main activity is: General secondary education. Its registered office is in Wortegem-Petegem. It employs on average 71,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.773.085

Incorporation

16/08/1983

Legal form

Non-profit organization

Registered office

Lindestraat (P.) 16
9790 Wortegem-Petegem · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

71,4 ETP

Activities (NACE)

85315General secondary education· main 87301Residential care activities for the elderly and disabled 87301Residential care activities for the elderly and disabled 88101Social work activities without accommodation for the elderly and disabled 88101Social work activities without accommodation for the elderly and disabled 68201Rental and operating of own or leased real estate+1

Joint committees (2)

330
330.01

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	5,5 M €	+5.9%	5,2 M €	+5.7%	4,9 M €	+7.3%	4,6 M €	+11.4%	4,1 M €	+11.3%	3,7 M €	+16.9%	3,2 M €	+8.1%	2,9 M €	+2.6%	2,9 M €	+0.1%	2,9 M €	+8.5%	2,6 M €	-0.8%	2,6 M €	+1.7%	2,6 M €	-18.7%	3,2 M €	+5.8%	3 M €	+4.1%	2,9 M €
EBITDA	343,1 k €	+165%	129,2 k €	-1.3%	130,9 k €	+45.1%	90,2 k €	-77.1%	394,3 k €	+101%	195,7 k €	-28.1%	272,3 k €	+0.2%	271,8 k €	-3.6%	281,9 k €	-35.1%	434,1 k €	+86.9%	232,2 k €	-72.5%	842,9 k €	+121%	380,8 k €	+240%	112,2 k €	-68.4%	354,9 k €	+13.1%	313,9 k €
Operating result	90,8 k €	+172%	-126,9 k €	+1.4%	-128,7 k €	+20.7%	-162,3 k €	-237%	118,4 k €	+171%	-167,2 k €	-233%	-50,2 k €	-628%	-6,9 k €	-149%	14 k €	-93.2%	206,3 k €	+1873%	10,5 k €	-98.3%	628,4 k €	+255%	177 k €	+297%	-89,9 k €	-147%	193,2 k €	+14.0%	169,4 k €
Net result	62,1 k €	+141%	-152 k €	+7.4%	-164,2 k €	+11.7%	-186 k €	-272%	108 k €	+148%	-222,8 k €	-472%	-39 k €	+33.8%	-58,9 k €	-861%	7,7 k €	-97.5%	315,1 k €	+888%	-40 k €	-106%	628,4 k €	+242%	183,9 k €	+193%	-197,2 k €	-255%	127,3 k €	-24.1%	167,6 k €
Balance sheet
Equity	3,2 M €	+1.7%	3,1 M €	+83.7%	1,7 M €	-9.4%	1,9 M €	-9.5%	2,1 M €	+4.9%	2 M €	-10.6%	2,2 M €	-2.2%	2,2 M €	-3.5%	2,3 M €	-0.6%	2,3 M €	+14.3%	2 M €	-2.9%	2,1 M €	+40.4%	1,5 M €	+12.1%	1,3 M €	-14.5%	1,6 M €	+6.6%	1,5 M €
Total assets	6,4 M €	-0.5%	6,4 M €	+10.0%	5,8 M €	-4.6%	6,1 M €	+6.9%	5,7 M €	-2.3%	5,9 M €	-31.4%	8,5 M €	+21.2%	7 M €	+21.4%	5,8 M €	+14.4%	5,1 M €	+3.5%	4,9 M €	-2.8%	5 M €	+10.4%	4,6 M €	+2.3%	4,5 M €	-2.3%	4,6 M €	+101%	2,3 M €
Cash	1,2 M €	+8.4%	1,1 M €	+310%	269,5 k €	-26.9%	368,5 k €	-31.8%	540 k €	+5.2%	513,1 k €	+160%	197,6 k €	-51.4%	406,5 k €	-44.4%	730,7 k €	+24.3%	587,9 k €	+22.3%	480,8 k €	-8.1%	523,1 k €	+52.9%	342,1 k €	+209%	110,7 k €	-26.0%	149,5 k €	-28.9%	210,4 k €
Debts	3,2 M €	-2.6%	3,3 M €	-20.0%	4,1 M €	-2.5%	4,2 M €	+16.8%	3,6 M €	-6.4%	3,9 M €	-38.6%	6,3 M €	+32.2%	4,8 M €	+38.1%	3,5 M €	+27.3%	2,7 M €	-4.3%	2,8 M €	-2.8%	2,9 M €	-4.3%	3,1 M €	-1.8%	3,1 M €	+4.1%	3 M €	+273%	802,8 k €
Other
Workforce	71,4 ETP	+4.5%	68,3 ETP	-5.8%	72,5 ETP	-0.4%	72,8 ETP	+1.7%	71,6 ETP	+6.5%	67,2 ETP	+6.2%	63,3 ETP	+2.3%	61,9 ETP	-0.2%	62,0 ETP	+2.6%	60,4 ETP	-3.4%	62,5 ETP	+1.8%	61,4 ETP	+4.6%	58,7 ETP	+5.8%	55,5 ETP	+3.0%	53,9 ETP	+9.8%	49,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 16 ended

Active mandates

Daniel Lemey

Director · since 21 juin 2024 · until 21 juin 2030

Active

Noël Cierkens

Director · since 06 janvier 2022 · until 22 juin 2029

Active

Frans Vandamme

Director · since 27 juin 2011 · until 22 juin 2029

Active

Hilda Van Rengen

Director · since 27 juin 2011 · until 22 juin 2029

Active

Christian Verbrugghe

Director · since 03 mars 1992 · until 22 juin 2029

Active

Paul De Schutter

Director · since 10 novembre 1987 · until 22 juin 2029

Active

Rik Vandamme

Chairman of the board of directors · since 10 novembre 1987 · until 22 juin 2029

Active

Ended mandates

Noël Cierkens

Director · since 06 janvier 2022

Ended

Frans Vandamme

Director · since 27 juin 2011

Ended

Hilda Van Rengen

Director · since 27 juin 2011

Ended

Christian Verbrugghe

Managing director · since 03 mars 1992

Ended

At this address

Other companies at this address

Company	CBE no.
VICUR@SCALDIS● Active	1013.086.509
Vrije Scholen Petegem-Elsegem● Active	0433.964.736

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	26/06/2025	08/07/2024	28/06/2023	03/08/2022	17/06/2021
General meeting	08/06/2026	23/06/2025	21/06/2024	22/06/2023	21/06/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	26/06/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	08/07/2024	Dutch	PDF
Full model	31/12/2022	22/06/2023	28/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	21/06/2022	03/08/2022	Dutch	PDF
Full model	31/12/2021	21/06/2022	06/07/2022	Dutch	PDF
Full model	31/12/2020	16/06/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	24/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/05/2015	28/05/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	14/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	03/11/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 16 ended

Active mandates

Daniel Lemey

Director · since 21 juin 2024 · until 21 juin 2030

Active

Noël Cierkens

Director · since 06 janvier 2022 · until 22 juin 2029

Active

Frans Vandamme

Director · since 27 juin 2011 · until 22 juin 2029

Active

Hilda Van Rengen

Director · since 27 juin 2011 · until 22 juin 2029

Active

Christian Verbrugghe

Director · since 03 mars 1992 · until 22 juin 2029

Active

Paul De Schutter

Director · since 10 novembre 1987 · until 22 juin 2029

Active

Rik Vandamme

Chairman of the board of directors · since 10 novembre 1987 · until 22 juin 2029

Active

Ended mandates

Noël Cierkens

Director · since 06 janvier 2022

Ended

Frans Vandamme

Director · since 27 juin 2011

Ended

Hilda Van Rengen

Director · since 27 juin 2011

Ended

Christian Verbrugghe

Managing director · since 03 mars 1992

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other03/08/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2005
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202562,1 k €↑
2024
Annual accounts 2024-152 k €↑
2023
Annual accounts 2023-164,2 k €↑
2022
Annual accounts 2022-186 k €↓
2021
Annual accounts 2021108 k €↑
2020
Annual accounts 2020-222,8 k €↓
2019
Annual accounts 2019-39 k €↑
2018
Annual accounts 2018-58,9 k €↓
2017
Annual accounts 20177,7 k €↓
2016
Annual accounts 2016315,1 k €↑
2015
Annual accounts 2015-40 k €↓
2014
Annual accounts 2014628,4 k €↑
2013
Annual accounts 2013183,9 k €↑
2012
Annual accounts 2012-197,2 k €↓
2011
Annual accounts 2011127,3 k €↓
2010
Annual accounts 2010167,6 k €
16/08/1983
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

De Linde

Overview

What does De Linde do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline