CONVERSION BAUMGARTNER LIMOUSINE
ActiveCONVERSION BAUMGARTNER LIMOUSINE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €154k and a net result of €7k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+2
Solvency46▲+2
Growth31▲+9
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.11 against 0.32 in 2023; short-term debt: 10.2% and cash: 0.1% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
153 d late
2022
126 d late
2021
153 d late
2020
31 d late
2018
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€141k▲ 22.3%
2023 · €115k
2021: €146k
2022: €150k
2023: €115k
2021 → 2024
EBIT margin
7.6%▲ 14.4pp
2023 · -6.8%
2021: 29.5%
2022: 12.8%
2023: -6.8%
2021 → 2024
Net result
€7k
2023 · €-14k
2018: €16k
2020: €-72k
2021: €41k
2022: €14k
2023: €-14k
2018 → 2024
Working capital
€-66k▼ 33.1%
2023 · €-50k
2018: €4k
2020: €-566k
2021: €-13k
2022: €-26k
2023: €-50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€146k€150k▲ 2.8%€115k▼ 23.2%€141k▲ 22.3%
Equity€125k-€177k▲ 41.3%€191k▲ 7.9%€148k▼ 22.8%€154k▲ 4.6%
Operating result€-75k-€43k€19k▼ 55.3%€-8k€11k
Net result€-72k-€41k€14k▼ 66.1%€-14k€7k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €728k
Fixed assets
€721k▼ 3.8%
Current assets
€8k▼ 65.3%
Equity and liabilities €728k
Equity
€154k▲ 4.6%
Debt
€574k▼ 8.1%
The debt ratio falls from 80.9% to 78.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▲
2023 · €35k
Cash flow
€50k▲
2023 · €29k
Solvency
21.2%▲
2023 · 19.1%
Current ratio
0.11▼
2023 · 0.32
Quick ratio
0.11▼
2023 · 0.32
Debt / equity
3.72▼
2023 · 4.23
ROE
4.4%▲
2023 · -9.2%
ROA
0.9%▲
2023 · -1.8%
Interest coverage
16.35▲
2023 · 6.23
Debt
€574k▼
2023 · €625k
Debt ≤ 1 year
€74k▲
2023 · €73k
Debt > 1 year
€58k▼
2023 · €77k
Income taxes
€762▲
2023 · €368
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€772k€728k▼
Fixed assets21/28€749k€721k▼
Tangible fixed assets22/27€749k€720k▼
Land and buildings22€676k€658k▼
Plant, machinery and equipment23€7k€3k▼
Furniture and vehicles24€41k€27k▼
Other tangible fixed assets26€25k€32k▲
Financial fixed assets28€285€285=
Current assets29/58€23k€8k▼
Amounts receivable within one year40/41€11k€546▼
Trade receivables40€8k€546▼
Other amounts receivable41€3k€0▼
Current investments50/53€8€501▲
Cash at bank and in hand54/58€4k€979▼
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€772k€728k▼
Equity10/15€148k€154k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Profit (loss) carried forward14€-52k€-46k▲
Amounts payable17/49€625k€574k▼
Amounts payable after more than one year17€77k€58k▼
Financial debts170/4€77k€58k▼
Amounts payable within one year42/48€73k€74k▲
Current portion of amounts payable after more than one year42€35k€26k▼
Financial debts43€10k-
Credit institutions430/8€10k-
Trade debts44€28k€45k▲
Suppliers440/4€28k€45k▲
Taxes, remuneration and social security45€170€3k▲
Taxes450/3€170€3k▲
Accrued charges and deferred income492/3€475k€442k▼
Income statement
Code20232024
Turnover70€115k€141k▲
Goods, raw materials, services and sundry goods60/61€75k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€44k▲
Other operating charges640/8€20k€21k▲
Gross operating margin9900€55k€75k▲
Operating profit (loss)9901€-8k€11k▲
Financial income75/76B€175€85▼
Recurring financial income75€175€85▼
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€-13k€7k▲
Income taxes67/77€368€762▲
Profit (loss) for the period9904€-14k€7k▲
Profit (loss) for the period to be appropriated9905€-14k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-46k▲
Profit (loss) brought forward from the previous period14P€-39k€-52k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 153 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Equity above €150kEq €154k ▲4.6%
Equity rises from €148k to €154k.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 153 days late
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 126 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 153 days late
2021
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-12
Financial
Equity above €150kEq €177k ▲41.3%
Equity rises from €125k to €177k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-72k ▼556%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Domaine de Crèvecoeur 164130 EsneuxGround area
5,545 m²
Building footprint
300 m²
Volume, LiDAR
2,524 m³
2 parcels, Wallonia · tallest building 26.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Boulevard d'Avroy 92, 4000 Liège
since 19902.048.609.316
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032C0373/00E000 | Wallonia | 3,680 m² | 1 · 224 m² | 7.8 m · 2 fl. |
| 62803B0167/00D000 | Wallonia | 1,866 m² | 1 · 76 m² | 26.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-06-1988
Fiscal year end31-12
Abbreviation FR
C.B. LIMOUSINE
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.