ACTIVE

Linko

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Financial year 2025 · closed on 30/09/2025

Net result

449,4 k €

+622.2% YoY

Gross margin

667 k €

+285.7% YoY

Equity

608,6 k €

+282.1% YoY

What does Linko do?

Linko is a Private limited company incorporated in 2003. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Nieuwpoort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0859.663.983

Incorporation

16/07/2003

Legal form

Private limited company

Registered office

Franslaan 71 box 401
8620 Nieuwpoort · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	667 k €	+286%	172,9 k €	-15.6%	204,9 k €	-20.4%	257,5 k €	-10.1%	286,5 k €	+13.5%	252,3 k €	-3.5%	261,5 k €	-5.4%	276,6 k €	+8.5%	254,8 k €	+17.6%	216,6 k €	+4.9%	206,4 k €	+4.8%	197,1 k €	+10.8%	177,9 k €	-28.5%	248,9 k €	-33.7%	375,5 k €	+49.8%	250,7 k €	+67.1%	150 k €	+47.2%	101,9 k €	+37.0%	74,4 k €	-49.1%	146,2 k €
EBITDA	655,1 k €	+634%	89,2 k €	+45.4%	61,4 k €	-34.1%	93,1 k €	-21.5%	118,7 k €	+30.7%	90,8 k €	-13.9%	105,4 k €	+48.0%	71,2 k €	-21.8%	91,1 k €	+33.6%	68,2 k €	+19.9%	56,9 k €	-27.0%	77,9 k €	-15.2%	91,8 k €	+36.2%	67,4 k €	-23.4%	88 k €	+4.7%	84 k €	+32.1%	63,6 k €	+3.6%	61,4 k €	+22.8%	50 k €	-27.3%	68,8 k €
Operating result	555,9 k €	+2180%	24,4 k €	+9.5%	22,3 k €	-60.6%	56,6 k €	-24.4%	74,9 k €	+47.0%	50,9 k €	-19.2%	63 k €	+137%	26,6 k €	-51.3%	54,8 k €	+60.1%	34,2 k €	+38.8%	24,6 k €	-30.5%	35,5 k €	-22.7%	45,9 k €	+210%	14,8 k €	-41.8%	25,4 k €	-38.3%	41,2 k €	+92.9%	21,4 k €	+8.6%	19,7 k €	+13.1%	17,4 k €	-56.9%	40,3 k €
Net result	449,4 k €	+622%	-86 k €	-251%	-24,5 k €	-223%	19,9 k €	-48.6%	38,7 k €	+151%	15,4 k €	-18.0%	18,8 k €	+808%	2,1 k €	-63.5%	5,7 k €	-42.0%	9,8 k €	+366%	2,1 k €	+31.5%	1,6 k €	-73.2%	5,9 k €	-18.7%	7,3 k €	+360%	-2,8 k €	-110%	27,1 k €	+67.1%	16,2 k €	+57.4%	10,3 k €	+144%	4,2 k €	-78.6%	19,7 k €
Balance sheet
Equity	608,6 k €	+282%	159,3 k €	-35.1%	245,3 k €	-9.1%	269,8 k €	+8.0%	250 k €	+18.3%	211,3 k €	+7.9%	195,9 k €	+10.6%	177,1 k €	+1.2%	175 k €	+3.3%	169,4 k €	+6.1%	159,6 k €	+1.3%	157,5 k €	+1.0%	155,9 k €	+4.0%	150 k €	+5.1%	142,7 k €	-1.9%	145,5 k €	+34.2%	108,5 k €	+17.6%	92,3 k €	+12.6%	82 k €	+5.4%	77,8 k €
Total assets	1,4 M €	-31.3%	2 M €	-6.7%	2,1 M €	+153%	836,4 k €	-3.8%	869,6 k €	-2.3%	890,4 k €	+16.0%	767,7 k €	-6.5%	821,1 k €	+9.3%	751,4 k €	-8.1%	817,4 k €	-8.1%	889,3 k €	+3.0%	863,1 k €	+2.4%	843,1 k €	-5.2%	889,4 k €	-0.4%	893,3 k €	+146%	363,8 k €	+1.2%	359,6 k €	+14.2%	314,8 k €	+28.5%	245 k €	+19.0%	205,8 k €
Cash	0 €		0 €	-100%	7,4 k €	+36.6%	5,5 k €	-15.9%	6,5 k €	+151%	2,6 k €	-87.4%	20,5 k €		–		–		–		–		–		–		–		–		–		–		30,8 k €	+817%	3,4 k €	-46.1%	6,2 k €
Debts	741,2 k €	-59.0%	1,8 M €	-3.2%	1,9 M €	+230%	566,6 k €	-8.6%	619,6 k €	-8.8%	679,1 k €	+18.8%	571,8 k €	-10.7%	640,3 k €	+11.7%	573 k €	-11.0%	643,5 k €	-11.4%	726,3 k €	+3.4%	702,6 k €	+2.6%	684,7 k €	-7.2%	737,8 k €	-1.0%	744,9 k €	+246%	215,2 k €	-14.1%	250,6 k €	+12.6%	222,6 k €	+37.4%	161,9 k €	+26.5%	128 k €
Other
Workforce	–		2,1 ETP	-40.0%	3,5 ETP	+12.9%	3,1 ETP	+3.3%	3,0 ETP	-6.3%	3,2 ETP	0.0%	3,2 ETP	-20.0%	4,0 ETP		–		3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+76.5%	1,7 ETP	-48.5%	3,3 ETP	-45.0%	6,0 ETP	+36.4%	4,4 ETP	+100%	2,2 ETP	+120%	1,0 ETP	0.0%	1,0 ETP	-66.7%	3,0 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 30/09/2025 · 2 active · 6 ended

Active mandates

Koen Schelstraete

Director

Active

Lindsay Hauttekeete

Director

Active

Ended mandates

Michel Martens

Manager · since 08 septembre 2003

Ended

BART SCHELSTRAETE

Manager · since 16 juillet 2003

Ended

Koen Schelstraete

Manager · since 16 juillet 2003

Ended

LINDSAY HAUTTEKEETE

Manager · since 16 juillet 2003

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van mede-eigenaars Residentie Nieuwendamme te 8620 Nieuwpoort, Franslaan 71 (vlgs. BA. zonder nr.)● Active	0711.721.464

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	24/04/2025	29/04/2024	25/04/2023	02/05/2022	30/04/2021
General meeting	09/02/2026	10/02/2025	12/02/2024	13/02/2023	14/02/2022	08/02/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	09/02/2026	27/04/2026	Dutch	PDF
Abridged model	30/09/2024	10/02/2025	24/04/2025	Dutch	PDF
Abridged model	30/09/2023	12/02/2024	29/04/2024	Dutch	PDF
Abridged model	30/09/2022	13/02/2023	25/04/2023	Dutch	PDF
Abridged model	30/09/2021	14/02/2022	02/05/2022	Dutch	PDF
Abridged model	30/09/2020	08/02/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	10/02/2020	31/03/2020	Dutch	PDF
Abridged model	30/09/2018	11/02/2019	22/03/2019	Dutch	PDF
Abridged model	30/09/2017	12/02/2018	03/04/2018	Dutch	PDF
Abridged model	30/09/2016	13/02/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	08/02/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	31/03/2015	29/04/2015	Dutch	PDF
Abridged model	30/09/2013	31/03/2014	15/05/2014	Dutch	PDF
Abridged model	30/09/2012	22/03/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	23/03/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	24/03/2011	12/05/2011	Dutch	PDF
Abridged model	30/09/2009	24/03/2010	30/03/2010	Dutch	PDF
Abridged model	30/09/2008	24/03/2009	03/04/2009	Dutch	PDF
Abridged model	30/09/2007	24/03/2008	30/05/2008	Dutch	PDF
Abridged model	30/09/2006	23/03/2007	02/05/2007	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 30/09/2025 · 2 active · 6 ended

Active mandates

Koen Schelstraete

Director

Active

Lindsay Hauttekeete

Director

Active

Ended mandates

Michel Martens

Manager · since 08 septembre 2003

Ended

BART SCHELSTRAETE

Manager · since 16 juillet 2003

Ended

Koen Schelstraete

Manager · since 16 juillet 2003

Ended

LINDSAY HAUTTEKEETE

Manager · since 16 juillet 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2003
ONTSLAGEN - BENOEMINGEN
PDF
Other24/07/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025449,4 k €↑
2024
Annual accounts 2024-86 k €↓
2023
Annual accounts 2023-24,5 k €↓
2023
Name changeLinko
2022
Annual accounts 202219,9 k €↓
2021
Annual accounts 202138,7 k €↑
2021
Name changeSchelstraete Koen
2020
Annual accounts 202015,4 k €↓
2019
Annual accounts 201918,8 k €↑
2018
Annual accounts 20182,1 k €↓
2017
Annual accounts 20175,7 k €↓
2016
Annual accounts 20169,8 k €↑
2015
Annual accounts 20152,1 k €↑
2014
Annual accounts 20141,6 k €↓
2013
Annual accounts 20135,9 k €↓
2012
Annual accounts 20127,3 k €↑
2011
Annual accounts 2011-2,8 k €↓
2010
Annual accounts 201027,1 k €↑
2009
Annual accounts 200916,2 k €↑
2008
Annual accounts 200810,3 k €↑
2007
Annual accounts 20074,2 k €↓
2006
Annual accounts 200619,7 k €
16/07/2003
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

Linko

Overview

What does Linko do?

Trend over 20 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