Equity
€1.4m from €3.7m in 2020
Equity fell by 63% in 5 years.
LIMA PROJECTS
Lifetime
20 annual accounts with figures on one time axis, 46 filings since 1980peak €4.2m (2018)
€873,682▲ 4.1%
peak €852,976 (2020)
€257,620▲ 19.1%
peak €3.7m (2020)
€1.4m▲ 20.2%
€975,808▼ 31.9%
peak 38 FTE (2019)
2.8 FTE▲ 7.7%
Board4 names since 2019
2 directors and 1 other
Owners
99.83%
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Equity from €1.1m to €1.4mDebts from €1.4m to €975,808
Key points
from the 2025 annual accountsTurnover
≈ €2.1m estimated
The accounts state no turnover.
Investments
€10,324 0.0 × depreciation
Green is investment, beige is depreciation.
Staff
2.8 FTE from 38 in 2019
Between 2019 and 2025, 93% of the full-time equivalents disappeared. Partial demerger to LIETAR LOCATION, Official Gazette 30-06-2021.
Filings
46 annual accounts since 1980
The 2019 accounts came 3 days late. The other nine of the last ten were filed on time.
Position in the sector
€257,620
Higher net result than 84% of companies in rental and leasing. Sector median €23,673 · 1,205 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as LIMA PROJECTS has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for LIMA PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Chair,
Managing director
Daily manager
- 99.83%equity €5.4m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419823918
Appointments: (managing director) and (daily management delegate)
Board meeting of 11-09-2024 · Gazette deed
Demerger: LIMA PROJECTS splits off to LIETAR LOCATION
Company renamed to LIMA PROJECTS · New name: LIMA PROJECTS · Capital from €62,000 to €432,000 · General meeting of 22-06-2021 · Gazette deed
Demerger proposal: LIETAR splits off to LIETAR LOCATION
Permanent representative: · Name change: LIMA · Legal-form conversion: to public limited company · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as LIMA PROJECTS: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €1.4m and €3.9m, founded between 1975 and 1993.
Official details
Source: KBO- Status
- Active since 15-10-1979Normal situation
- Activity
- Rental and leasing activitiesNACE 77320and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.017.491.6177110 La Louvière, since 01-10-1979
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €2.3m▼ 8.9%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on LIMA PROJECTS
LIMA PROJECTS files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2006 to €873,682 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets, financed with long-term debt.
holds all the shares. In September 2024, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LIMA PROJECTS
- What is the company number of LIMA PROJECTS?
- The company number of LIMA PROJECTS is 0419.823.918. The VAT number is the same number with BE in front: BE 0419.823.918.
- Where is LIMA PROJECTS based?
- The registered office is at Rue Grand Peuplier (H-A) 24, 7110 La Louvière.Company details
- What does LIMA PROJECTS do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
- What is the legal form of LIMA PROJECTS?
- LIMA PROJECTS is a public limited company (NV).
- When was LIMA PROJECTS founded?
- LIMA PROJECTS was founded on 15-10-1979.
- Is LIMA PROJECTS still active?
- Yes, LIMA PROJECTS is an active enterprise in the KBO register.
- How many employees does LIMA PROJECTS have?
- LIMA PROJECTS had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LIMA PROJECTS fall under?
- In its 2025 annual accounts, LIMA PROJECTS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LIMA PROJECTS?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €873,682 and 2,275 comparable companies of the same size. It probably lies between €1.2m and €3.5m. It is a rough estimate. In financial year 2021 turnover was €1.0m.
- Is LIMA PROJECTS profitable?
- In financial year 2025, LIMA PROJECTS made a profit of €257,620.
- Where can I find the annual accounts of LIMA PROJECTS?
- LIMA PROJECTS filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIMA PROJECTS due?
- LIMA PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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