ACTIVE

LINA - STAR

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

77,9 k €

+139.7% YoY

Gross margin

225,1 k €

+6.6% YoY

Equity

857,4 k €

+10.0% YoY

What does LINA - STAR do?

LINA - STAR is a Private limited company incorporated in 1993. Its registered office is in Zulte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.927.273

Incorporation

27/04/1993

Legal form

Private limited company

Registered office

Slooverlos 2
9870 Zulte · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	225,1 k €	+6.6%	211,2 k €	-27.9%	293 k €	+5.1%	278,7 k €	+14.7%	243,1 k €	+51.5%	160,5 k €	+9.8%	146,1 k €	-25.3%	195,6 k €	-15.5%	231,4 k €	-34.9%	355,2 k €	+13.4%	313,3 k €	+8.5%	288,6 k €	+16.5%	247,7 k €	+13.3%	218,7 k €	-2.4%	224 k €	-7.5%	242,3 k €	-4.5%	253,6 k €	-0.6%	255 k €	+25.1%	203,9 k €
EBITDA	147,4 k €	+13.4%	130 k €	-28.5%	181,8 k €	-4.2%	189,7 k €	+13.2%	167,5 k €	+83.1%	91,5 k €	+17.4%	77,9 k €	-35.6%	120,9 k €	-12.2%	137,8 k €	-15.8%	163,6 k €	+17.3%	139,5 k €	+1.8%	137 k €	-5.2%	144,5 k €	+33.9%	107,9 k €	-20.4%	135,7 k €	-1.6%	137,8 k €	-8.0%	149,8 k €	-9.3%	165,1 k €	+30.8%	126,2 k €
Operating result	97,8 k €	+37.6%	71 k €	-43.0%	124,5 k €	-10.8%	139,6 k €	+24.6%	112 k €	+145%	45,7 k €	+33.3%	34,3 k €	-48.5%	66,6 k €	+4.0%	64 k €	-28.3%	89,3 k €	+43.0%	62,5 k €	+83.6%	34 k €	-59.4%	83,7 k €	+471%	-22,6 k €	-229%	17,5 k €	-3.7%	18,2 k €	-57.6%	43 k €	-40.5%	72,3 k €	+65.6%	43,6 k €
Net result	77,9 k €	+140%	32,5 k €	-61.7%	85 k €	-21.5%	108,3 k €	+51.3%	71,6 k €	+170%	26,6 k €	+58.9%	16,7 k €	-55.7%	37,7 k €	-0.9%	38 k €	-18.2%	46,5 k €	+35.2%	34,4 k €	+161%	13,2 k €	-82.1%	73,7 k €	+317%	-34 k €	-865%	4,4 k €	+130%	-14,9 k €	-160%	24,8 k €	-47.4%	47,1 k €	+159%	18,2 k €
Balance sheet
Equity	857,4 k €	+10.0%	779,5 k €	+4.4%	746,9 k €	+12.0%	667 k €	+17.3%	568,7 k €	+29.3%	439,7 k €	+6.4%	413,1 k €	+4.2%	396,4 k €	+10.5%	358,7 k €	+11.9%	320,7 k €	+16.9%	274,2 k €	+14.3%	239,9 k €	+5.8%	226,7 k €	+48.2%	153 k €	-18.2%	187 k €	+2.4%	182,5 k €	-7.5%	197,4 k €	+14.4%	172,6 k €	+37.5%	125,5 k €
Total assets	1,1 M €	+1.6%	1,1 M €	-2.0%	1,1 M €	+3.4%	1 M €	+20.7%	869,6 k €	+45.8%	596,3 k €	-0.0%	596,4 k €	-2.0%	608,5 k €	+9.9%	553,9 k €	+2.4%	540,8 k €	-4.4%	565,7 k €	-4.1%	589,7 k €	+12.8%	523 k €	+4.4%	500,9 k €	+19.6%	418,8 k €	-15.4%	495 k €	-9.4%	546,3 k €	-6.3%	583,1 k €	+8.8%	536 k €
Cash	110,5 k €	+16.9%	94,5 k €	+1790%	5 k €	+326%	1,2 k €	+257%	328,6 €	-40.0%	547,4 €	+522%	88 €	-89.6%	850,4 €		–		304,7 €	-14.8%	357,5 €	-96.4%	10 k €	+390%	2 k €	+1822%	105,9 €	-82.7%	612,8 €	-67.8%	1,9 k €	-81.9%	10,5 k €	-1.8%	10,7 k €	-72.1%	38,3 k €
Debts	218,8 k €	-22.0%	280,6 k €	-17.1%	338,3 k €	-11.6%	383 k €	+27.3%	300,9 k €	+93.2%	155,8 k €	-13.8%	180,8 k €	-13.1%	208 k €	+10.4%	188,4 k €	-14.4%	220,1 k €	-24.5%	291,4 k €	-16.7%	349,9 k €	+18.1%	296,3 k €	-14.8%	347,9 k €	+50.1%	231,8 k €	-25.6%	311,5 k €	-10.7%	348,9 k €	-15.0%	410,5 k €	+0.0%	410,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		3,5 ETP	-40.7%	5,9 ETP	0.0%	5,9 ETP	0.0%	5,9 ETP	+43.9%	4,1 ETP	-10.9%	4,6 ETP	+2.2%	4,5 ETP	-15.1%	5,3 ETP	0.0%	5,3 ETP	+430%	1,0 ETP	-33.3%	1,5 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 · 4 active · 14 ended

Active mandates

Gino Van Den Heede

Director

Active

Kathleen PEIRENS

Director

Active

Katia Dhulst

Director

Active

Mario VAN DEN HEEDE

Director

Active

Ended mandates

ANNA PEIRENS KATHLEEN

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Georgette Nemegheer

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Gerogette Nemegheer

Director · since 25 mai 2019 · until 31 mai 2025

Ended

GINO VAN DEN HEEDE

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	19/06/2026	26/06/2025	10/12/2024	04/03/2024	29/08/2022	10/12/2021
General meeting	17/06/2026	31/05/2025	25/05/2024	27/12/2023	28/05/2022	29/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	17/06/2026	19/06/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	25/05/2024	10/12/2024	Dutch	PDF
Micro model	31/12/2022	27/12/2023	04/03/2024	Dutch	PDF
Micro model	31/12/2021	28/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	29/05/2021	10/12/2021	Dutch	PDF
Micro model	31/12/2019	30/05/2020	30/10/2020	Dutch	PDF
Micro model	31/12/2018	25/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	26/05/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	09/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	29/10/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	31/10/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	31/08/2007	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 · 4 active · 14 ended

Active mandates

Gino Van Den Heede

Director

Active

Kathleen PEIRENS

Director

Active

Katia Dhulst

Director

Active

Mario VAN DEN HEEDE

Director

Active

Ended mandates

ANNA PEIRENS KATHLEEN

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Georgette Nemegheer

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Gerogette Nemegheer

Director · since 25 mai 2019 · until 31 mai 2025

Ended

GINO VAN DEN HEEDE

Director · since 25 mai 2019 · until 31 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2010
ONTSLAGEN - BENOEMINGEN
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 202577,9 k €↑
2024
Annual accounts 202432,5 k €↓
2023
Annual accounts 202385 k €↓
2022
Annual accounts 2022108,3 k €↑
2021
Annual accounts 202171,6 k €↑
2019
Annual accounts 201926,6 k €↑
2018
Annual accounts 201816,7 k €↓
2017
Annual accounts 201737,7 k €↓
2016
Annual accounts 201638 k €↓
2015
Annual accounts 201546,5 k €↑
2014
Annual accounts 201434,4 k €↑
2013
Annual accounts 201313,2 k €↓
2012
Annual accounts 201273,7 k €↑
2011
Annual accounts 2011-34 k €↓
2010
Annual accounts 20104,4 k €↑
2009
Annual accounts 2009-14,9 k €↓
2008
Annual accounts 200824,8 k €↓
2007
Annual accounts 200747,1 k €↑
2006
Annual accounts 200618,2 k €
27/04/1993
IncorporationPrivate limited company

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

LINA - STAR

Overview

What does LINA - STAR do?

Trend over 19 financial years

Indicative valuation

Board of directors

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