NORMAL SITUATION

LINOREX

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Financial year 2023 · closed on 30/09/2023

Net result

134,5 k €

+13.3% YoY

Gross margin

339,1 k €

+2.1% YoY

Equity

148,4 k €

+0.4% YoY

Company — Normal situation.

What does LINOREX do?

LINOREX is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0883.626.448

Legal form

Private limited company

Contributed capital

12 400,00 €

Latest accounts

30/09/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	339,1 k €	+2.1%	332 k €	+0.7%	329,6 k €	+51.6%	217,4 k €	-14.6%	254,7 k €	+8.7%	234,4 k €	+13.5%	206,4 k €	-13.4%	238,3 k €	+5.3%	226,3 k €	-1.3%	229,2 k €	-11.0%	257,7 k €	-20.0%	322,1 k €	+20.7%	266,9 k €	-7.8%	289,4 k €	+16.1%	249,3 k €	+16.7%	213,7 k €	+1.2%	211,1 k €
EBITDA	174,2 k €	+6.2%	164 k €	-5.1%	172,9 k €	+280%	45,6 k €	-43.0%	79,9 k €	+21.7%	65,6 k €	+95.0%	33,6 k €	-33.2%	50,4 k €	+59.9%	31,5 k €	+15.0%	27,4 k €	-8.6%	30 k €	-6.4%	32 k €	+16.4%	27,5 k €	-36.1%	43,1 k €	+152%	17,1 k €	+420%	-5,4 k €	-113%	40,4 k €
Operating result	131,2 k €	+15.1%	114 k €	-9.5%	125,9 k €	+24093%	-524,8 €	-101%	45,1 k €	-5.2%	47,6 k €	+324%	11,2 k €	-56.7%	26 k €	+449%	4,7 k €	-56.6%	10,9 k €	+8.2%	10,1 k €	-52.9%	21,4 k €	+22.6%	17,5 k €	-37.5%	27,9 k €	+1266%	2 k €	+110%	-19,8 k €	-156%	35,5 k €
Net result	134,5 k €	+13.3%	118,7 k €	-9.6%	131,3 k €	+4858%	2,6 k €	-94.7%	49,6 k €	-4.2%	51,8 k €	+222%	16,1 k €	-45.0%	29,3 k €	+400%	5,8 k €	-47.9%	11,2 k €	+13.8%	9,9 k €	-46.4%	18,4 k €	+7.3%	17,1 k €	-10.6%	19,2 k €	+430%	3,6 k €	+122%	-16,4 k €	-162%	26,7 k €
Balance sheet
Equity	148,4 k €	+0.4%	147,9 k €	+2.6%	144,2 k €	+8.5%	132,8 k €	+2.0%	130,2 k €	+19.9%	108,6 k €	+1.7%	106,8 k €	+1.0%	105,7 k €	+9.6%	96,4 k €	+6.5%	90,6 k €	+14.1%	79,4 k €	+14.2%	69,5 k €	+11.1%	62,6 k €	+37.8%	45,4 k €	+73.1%	26,2 k €	+16.0%	22,6 k €	-42.1%	39,1 k €
Total assets	475,9 k €	+1.6%	468,5 k €	-8.7%	513,1 k €	+33.3%	384,8 k €	+26.5%	304,2 k €	+3.4%	294,2 k €	+22.2%	240,7 k €	+3.8%	231,9 k €	+0.0%	231,9 k €	-0.3%	232,5 k €	+21.6%	191,3 k €	-8.0%	207,9 k €	-15.0%	244,6 k €	+7.8%	227 k €	+4.8%	216,6 k €	-13.1%	249,3 k €	+11.6%	223,4 k €
Cash	282,2 k €	-6.4%	301,7 k €	-5.7%	320 k €	+88.5%	169,8 k €	+99.7%	85 k €	-52.2%	177,9 k €	+49.0%	119,4 k €	+62.2%	73,6 k €	+3.9%	70,8 k €	-27.5%	97,7 k €	+199%	32,6 k €	-75.1%	130,9 k €	+62.2%	80,7 k €	-6.9%	86,7 k €	+96.4%	44,1 k €	-1.1%	44,6 k €	-15.3%	52,7 k €
Debts	323,7 k €	+2.2%	316,6 k €	-14.2%	368,9 k €	+46.4%	252 k €	+44.8%	174 k €	-6.3%	185,6 k €	+38.6%	134 k €	+6.1%	126,2 k €	-6.8%	135,5 k €	-4.5%	141,9 k €	+26.8%	111,9 k €	-19.1%	138,4 k €	-24.0%	182 k €	+0.3%	181,6 k €	-4.6%	190,3 k €	-16.0%	226,7 k €	+22.9%	184,4 k €
Other
Workforce	–		–		–		–		–		–		–		4,8 ETP	+4.3%	4,6 ETP	-9.8%	5,1 ETP	-1.9%	5,2 ETP	-26.8%	7,1 ETP	-17.4%	8,6 ETP	+16.2%	7,4 ETP	-15.9%	8,8 ETP	0.0%	8,8 ETP	+72.5%	5,1 ETP

Governance

Board of directors

Seen on filing of 30/09/2023 · 2 active · 6 ended

Active mandates

ALTITUDE

Director · since 01 octobre 2014 · 0560.836.479

Represented by Maxime De Groote

Active

TECNIC

Director · since 21 avril 2011 · 0441.154.119

Represented by nicolas de groote

Active

Ended mandates

ALTITUDE

Manager · since 01 octobre 2014 · 0560.836.479

Represented by Maxime De Groote

Ended

TECNIC

Manager · since 21 avril 2011 · 0441.154.119

Represented by nicolas de groote

Ended

Paul Van De Velde

Manager · since 01 septembre 2007

Ended

Georges Nollet

Manager · since 20 septembre 2006 · until 01 septembre 2007

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018	01/10/2017
Closing of the financial year	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019	30/09/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/04/2024	30/03/2023	31/03/2022	31/03/2021	30/03/2020	27/03/2019
General meeting	27/03/2024	29/03/2023	30/03/2022	24/03/2021	25/03/2020	27/03/2019
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
Micro model	30/09/2023	27/03/2024	08/04/2024	Dutch	PDF
Micro model	30/09/2022	29/03/2023	30/03/2023	Dutch	PDF
Micro model	30/09/2021	30/03/2022	31/03/2022	Dutch	PDF
Micro model	30/09/2020	24/03/2021	31/03/2021	Dutch	PDF
Micro model	30/09/2019	25/03/2020	30/03/2020	Dutch	PDF
Micro model	30/09/2018	27/03/2019	27/03/2019	Dutch	PDF
Micro model	30/09/2017	28/03/2018	29/03/2018	Dutch	PDF
Abridged model	30/09/2016	29/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	30/03/2016	01/04/2016	Dutch	PDF
Abridged model	30/09/2014	25/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	26/03/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	27/03/2013	29/03/2013	Dutch	PDF
Abridged model	30/09/2011	28/03/2012	28/03/2012	Dutch	PDF
Abridged model	30/09/2010	30/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	31/03/2010	02/04/2010	Dutch	PDF
Abridged model	30/09/2008	25/03/2009	26/03/2009	Dutch	PDF
Abridged model	30/09/2007	16/04/2008	15/05/2008	Dutch	PDF

Estimate

Indicative valuation

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 30/09/2023 · 2 active · 6 ended

Active mandates

ALTITUDE

Director · since 01 octobre 2014 · 0560.836.479

Represented by Maxime De Groote

Active

TECNIC

Director · since 21 avril 2011 · 0441.154.119

Represented by nicolas de groote

Active

Ended mandates

ALTITUDE

Manager · since 01 octobre 2014 · 0560.836.479

Represented by Maxime De Groote

Ended

TECNIC

Manager · since 21 avril 2011 · 0441.154.119

Represented by nicolas de groote

Ended

Paul Van De Velde

Manager · since 01 septembre 2007

Ended

Georges Nollet

Manager · since 20 septembre 2006 · until 01 septembre 2007

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution12/06/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/04/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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

2023
Annual accounts 2023134,5 k €↑
2022
Annual accounts 2022118,7 k €↓
2021
Annual accounts 2021131,3 k €↑
2020
Annual accounts 20202,6 k €↓
2019
Annual accounts 201949,6 k €↓
2018
Annual accounts 201851,8 k €↑
2017
Annual accounts 201716,1 k €↓
2016
Annual accounts 201629,3 k €↑
2015
Annual accounts 20155,8 k €↓
2014
Annual accounts 201411,2 k €↑
2013
Annual accounts 20139,9 k €↓
2012
Annual accounts 201218,4 k €↑
2011
Annual accounts 201117,1 k €↓
2010
Annual accounts 201019,2 k €↑
2009
Annual accounts 20093,6 k €↑
2008
Annual accounts 2008-16,4 k €↓
2007
Annual accounts 200726,7 k €

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

LINOREX

Overview

What does LINOREX do?

Trend over 17 financial years

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