LIMA
ActiveSummary
LIMA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €670,479 and a net result of €61,038. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 19% of 35 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2024
Profitability43▲+31
Solvency46▲+9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.05 in 2024; short-term debt: 63.4% and cash: 0.6% of total assets), and 78.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
21.3%
Return on assets
1.9%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 35 sector peers (2026).
NBB · sector comparisonPosition among 35 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-09-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
57 d early
2024
42 d early
2023
58 d late
2022
68 d late
2021
5 d early
2020
92 d late
2019
139 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€670,479▲ 75.5%
2024 · €382,046
Total assets
€3.2m▼ 4.0%
2024 · €3.3m
Net result
€61,038
2024 · -€254,725
Working capital
-€109,166
2024 · €91,515
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242026
Operating result€117,330€281,885▲ 140%€26,588▼ 90.6%-€141,469€216,038-
Net result€53,403within the sector's middle half€183,406within the sector's middle half▲ 243%-€94,909below the sector's middle half-€254,725below the sector's middle half▼ 168%€61,038-
Equity€548,274within the sector's middle half▲ 10.8%€731,680within the sector's middle half▲ 33.5%€636,771within the sector's middle half▼ 13.0%€382,046within the sector's middle half▼ 40.0%€670,479-
Total assets€3.1mabove the sector's middle half▼ 9.4%€3.2mabove the sector's middle half▲ 5.3%€3.3mabove the sector's middle half▲ 2.9%€3.3mabove the sector's middle half▼ 1.0%€3.2m-
Debt€2.5m▼ 12.9%€2.5m▼ 0.8%€2.7m▲ 7.6%€2.9m▲ 8.2%€2.5m-
Working capital€244,157▲ 61.8%€392,664▲ 60.8%€533,441▲ 35.9%€91,515▼ 82.8%-€109,166-
Solvency17.9%below the sector's middle half▲ 3.3pp22.7%below the sector's middle half▲ 4.8pp19.2%below the sector's middle half▼ 3.5pp11.6%below the sector's middle half▼ 7.6pp21.3%-
Staff (FTE)11.7within the sector's middle half▼ 4.9%10.5within the sector's middle half▼ 10.3%10.6within the sector's middle half▲ 1.0%10.8within the sector's middle half▲ 1.9%11-
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €216,038 in 2026, compared with -€141,469 in 2024. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2026 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.3m ▲ 4.8%
Current assets
€1.9m ▼ 9.2%
Equity and liabilities €3.2m
Equity
€670,479 ▲ 75.5%
Debt
€2.5m ▼ 14.5%
Debt's share of the balance-sheet total falls from 88.4% to 78.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€415,809▲
2024 · €34,314
Cash flow
€260,809▲
2024 · -€78,942
Current ratio
0.95▼
2024 · 1.05
Quick ratio
0.34▼
2024 · 0.39
Debt to equity
3.70▼
2024 · 7.60
ROE
9.1%▲
2024 · -66.7%
ROA
1.9%▲
2024 · -7.8%
Interest coverage
2.67▲
2024 · 0.30
Debt ≤ 1 year
€2.0m▲
2024 · €2.0m
Debt > 1 year
€485,204▼
2024 · €915,850
Income taxes
€308▲
2024 · €141
Staff costs
€1.1m▲
2024 · €829,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,653 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,330 | - | €3,462 | €14,929 | €203,426 | - |
| Remuneration, social security and pensions62 | €745,101 | €746,643 | €808,151 | €829,213 | €1.1m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €326,987 | €242,034 | €259,388 | €175,783 | €199,771 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€4,953 | €28,033 | -€14,248 | -€28,033 | - |
| Other operating charges640/8 | €21,446 | €23,102 | €21,923 | €28,679 | €147,341 | - |
| Non-recurring operating charges66A | - | - | - | - | €1,825 | - |
| Gross operating margin9900 | €1.2m | €1.3m | €1.1m | €877,959 | €1.6m | - |
| Operating profit (loss)9901 | €117,330 | €281,885 | €26,588 | -€141,469 | €216,038 | - |
| Financial income75/76B | €2,079 | €1,633 | €454 | €332 | €791 | - |
| Recurring financial income75 | €2,079 | €1,633 | €454 | €332 | €791 | - |
| Financial charges65/66B | €65,838 | €99,953 | €121,803 | €113,446 | €155,483 | - |
| Recurring financial charges65 | €65,838 | €99,953 | €121,803 | €113,446 | €155,483 | - |
| Profit (loss) for the period before taxes9903 | €53,571 | €183,564 | -€94,761 | -€254,583 | €61,346 | - |
| Income taxes67/77 | €168 | €158 | €148 | €141 | €308 | - |
| Profit (loss) for the period9904 | €53,403 | €183,406 | -€94,909 | -€254,725 | €61,038 | - |
| Profit (loss) for the period to be appropriated9905 | €53,403 | €183,406 | -€94,909 | -€254,725 | €61,038 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.2m | €3.3m | €3.3m | €3.2m | - |
| Fixed assets21/28 | €1.2m | €1.1m | €1.0m | €1.2m | €1.3m | - |
| Intangible fixed assets21 | - | €385 | €213 | €42 | €0 | - |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.0m | €1.2m | €1.3m | - |
| Land and buildings22 | €521,143 | €509,043 | €529,479 | €511,496 | €490,303 | - |
| Plant, machinery and equipment23 | €115,103 | €169,924 | €130,797 | €132,596 | €130,141 | - |
| Furniture and vehicles24 | €37,553 | €27,756 | €55,574 | €35,148 | €15,656 | - |
| Leasing and similar rights25 | €517,823 | €382,580 | €292,610 | €525,272 | €628,748 | - |
| Financial fixed assets28 | €1,825 | €1,825 | €1,825 | €1,825 | €0 | - |
| Current assets29/58 | €1.9m | €2.1m | €2.3m | €2.1m | €1.9m | - |
| Stocks and contracts in progress3 | €1.3m | €1.4m | €1.3m | €1.3m | €1.2m | - |
| Stocks30/36 | €1.3m | €1.4m | €1.3m | €1.3m | €1.2m | - |
| Amounts receivable within one year40/41 | €557,933 | €727,633 | €651,729 | €495,337 | €448,149 | - |
| Trade receivables40 | €432,049 | €591,456 | €497,593 | €327,030 | €442,262 | - |
| Other amounts receivable41 | €125,885 | €136,177 | €154,136 | €168,307 | €5,887 | - |
| Cash at bank and in hand54/58 | €16,470 | €37,704 | €40,625 | €20,183 | €18,050 | - |
| Deferred charges and accrued income490/1 | €35,347 | €6,898 | €305,404 | €253,867 | €206,561 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.2m | €3.3m | €3.3m | €3.2m | - |
| Equity10/15 | €548,274 | €731,680 | €636,771 | €382,046 | €670,479 | - |
| Contributions10/11 | €12,605 | €12,605 | €12,605 | €12,605 | €240,000 | - |
| Revaluation surpluses12 | €373,455 | €373,455 | €373,455 | €373,455 | €373,455 | - |
| Reserves13 | €58,750 | €58,750 | €58,750 | €58,750 | €58,750 | - |
| Non-distributable reserves130/1 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | - |
| Reserves not available under the articles1311 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | - |
| Tax-exempt reserves132 | €56,250 | €56,250 | €56,250 | €56,250 | €56,250 | - |
| Profit (loss) carried forward14 | €103,464 | €286,870 | €191,961 | -€62,764 | -€1,726 | - |
| Amounts payable17/49 | €2.5m | €2.5m | €2.7m | €2.9m | €2.5m | - |
| Amounts payable after more than one year17 | €889,330 | €725,997 | €880,669 | €915,850 | €485,204 | - |
| Financial debts170/4 | €637,973 | €474,641 | €629,313 | €664,493 | €435,204 | - |
| Other amounts payable178/9 | €251,356 | €251,356 | €251,356 | €251,356 | €50,000 | - |
| Amounts payable within one year42/48 | €1.6m | €1.7m | €1.8m | €2.0m | €2.0m | - |
| Current portion of amounts payable after more than one year42 | €380,226 | €427,317 | €302,784 | €622,657 | €221,355 | - |
| Financial debts43 | €594,355 | €729,467 | €714,619 | €578,173 | €1.2m | - |
| Credit institutions430/8 | €594,355 | €729,467 | €714,619 | €578,173 | €1.2m | - |
| Trade debts44 | €323,924 | €345,835 | €384,295 | €265,797 | €135,448 | - |
| Suppliers440/4 | €323,924 | €345,835 | €384,295 | €265,797 | €135,448 | - |
| Taxes, remuneration and social security45 | €325,621 | €237,301 | €373,430 | €520,662 | €408,512 | - |
| Taxes450/3 | €111,865 | €69,940 | €154,405 | €265,907 | €40,678 | - |
| Remuneration and social security454/9 | €213,756 | €167,361 | €219,025 | €254,755 | €367,834 | - |
| Other amounts payable47/48 | - | - | - | - | €17,228 | - |
| Accrued charges and deferred income492/3 | - | €26,500 | €26,500 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,403 | €183,406 | -€94,909 | -€254,725 | €61,038 | - |
| + Depreciation and write-downs630 | €326,987 | €242,034 | €259,388 | €175,783 | €199,771 | - |
| Operating cash flow (approximation) | €380,390 | €425,440 | €164,479 | -€78,942 | €260,809 | - |
| Investment in fixed assets (approximation) | - | -€140,100 | -€178,374 | -€371,665 | - | - |
| Change in cash | - | €21,235 | €2,921 | -€20,443 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Back to profitnet €61,038
Net result €61,038 after 2 loss-making years.
31-03
Financial
Equity above €500,000Eq €670,479 ▲75.5%
Equity rises from €382,046 to €670,479.
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€254,725
Net result drops to -€254,725, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 68 days late
2022
31-12
Financial
Highest result since 2018net €183,406 ▲243%
Operating result €281,885, net result €183,406, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €53,403
Net result €53,403 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €548,274 ▲10.8%
Equity rises from €494,871 to €548,274.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 92 days late
Show earlier events
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 139 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 53 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lier · 1 establishment unit since 1992
Ground area
6,333 m²
Building footprint
1,327 m²
Volume, LiDAR
1,219 m³
2 parcels, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIMA BVBA
since 19922.044.871.153
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0433/00T002 | Flanders | 6,137 m² | 1 · 1,131 m² | 0.8 m |
| 12392A0433/00D002 | Flanders | 196 m² | 1 · 196 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-1989
Fiscal year end31-03
Activities, NACEBEL 2025
25530Machining of metals
28410Manufacture of machinery and equipment not elsewhere classified
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438298260
Registered
25-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.