LIMA PROJECTS
ActiveLIMA PROJECTS has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.36M and a net result of €258k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 432 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+4
Solvency83▲+14
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.28 in 2024; short-term debt: 19% and cash: 18.6% of total assets), and 41.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
11%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.36M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
5 d early
2022
3 d early
2021
12 d early
2020
19 d early
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.05M▼ 90.6%
2020 · €11.17M
2019: €10.98M
2020: €11.17M
2019 → 2021
EBIT margin
31.1%▲ 20.6pp
2020 · 10.5%
2019: 7.4%
2020: 10.5%
2019 → 2021
Net result
€258k▲ 19.1%
2024 · €216k
2018: €817k
2019: €651k
2020: €853k
2021: €215k
2022: €154k
2023: €228k
2024: €216k
2018 → 2025
Working capital
€182k▲ 44.5%
2024 · €126k
2018: €1.41M
2019: €1.40M
2020: €2.52M
2021: €-537k
2022: €60k
2023: €42k
2024: €126k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.05M-
Equity€624k-€748k▲ 20.0%€945k▲ 26.2%€1.13M▲ 19.9%€1.36M▲ 20.2%
Operating result€326k-€240k▼ 26.3%€332k▲ 38.5%€312k▼ 6.0%€352k▲ 12.7%
Net result€215k-€154k▼ 28.1%€228k▲ 48.1%€216k▼ 5.3%€258k▲ 19.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.34M
Fixed assets
€1.71M▼ 13.8%
Current assets
€625k▲ 7.7%
Equity and liabilities €2.34M
Equity
€1.36M▲ 20.2%
Debt
€976k▼ 31.9%
The debt ratio falls from 55.9% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€636k▲
2024 · €622k
Cash flow
€542k▲
2024 · €526k
Solvency
58.3%▲
2024 · 44.1%
Current ratio
1.41▲
2024 · 1.28
Quick ratio
1.41▲
2024 · 1.28
Debt / equity
0.72▼
2024 · 1.27
ROE
18.9%▼
2024 · 19.1%
ROA
11.0%▲
2024 · 8.4%
Interest coverage
16.30▲
2024 · 11.30
Debt
€976k▼
2024 · €1.43M
Debt ≤ 1 year
€443k▼
2024 · €455k
Debt > 1 year
€532k▼
2024 · €978k
Income taxes
€80k▲
2024 · €66k
Staff costs
€184k▲
2024 · €164k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.57M€2.34M▼
Fixed assets21/28€1.99M€1.71M▼
Intangible fixed assets21€452€0▼
Tangible fixed assets22/27€1.99M€1.71M▼
Land and buildings22€1.92M€1.67M▼
Furniture and vehicles24€70k€39k▼
Financial fixed assets28€250€250=
Current assets29/58€581k€625k▲
Amounts receivable within one year40/41€197k€169k▼
Trade receivables40€181k€153k▼
Other amounts receivable41€16k€16k▼
Cash at bank and in hand54/58€339k€435k▲
Deferred charges and accrued income490/1€45k€21k▼
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.34M▼
Equity10/15€1.13M€1.36M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€42k€42k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€809k€1.06M▲
Investment grants15€183k€158k▼
Amounts payable17/49€1.43M€976k▼
Amounts payable after more than one year17€978k€532k▼
Financial debts170/4€638k€342k▼
Other amounts payable178/9€340k€190k▼
Amounts payable within one year42/48€455k€443k▼
Current portion of amounts payable after more than one year42€302k€303k▲
Trade debts44€79k€35k▼
Suppliers440/4€79k€35k▼
Taxes, remuneration and social security45€30k€42k▲
Taxes450/3€9k€12k▲
Remuneration and social security454/9€21k€30k▲
Other amounts payable47/48€44k€63k▲
Accrued charges and deferred income492/3€933€694▼
Income statement
Code20242025
Non-recurring operating income76A€116€2k▲
Remuneration, social security and pensions62€164k€184k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€310k€284k▼
Other operating charges640/8€52k€53k▲
Non-recurring operating charges66A€1k€515▼
Gross operating margin9900€840k€874k▲
Operating profit (loss)9901€312k€352k▲
Financial income75/76B€25k€25k=
Recurring financial income75€25k€25k=
Financial charges65/66B€55k€39k▼
Recurring financial charges65€55k€39k▼
Profit (loss) for the period before taxes9903€282k€338k▲
Income taxes67/77€66k€80k▲
Profit (loss) for the period9904€216k€258k▲
Profit (loss) for the period to be appropriated9905€216k€258k▲
Appropriation of the result
Profit (loss) to be appropriated9906€811k€1.07M▲
Profit (loss) brought forward from the previous period14P€595k€809k▲
Profit to be distributed694/7€3k€4k▲
Employees696€3k€4k▲
Social balance
Average headcount (FTE)90872.62.8▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.13M ▲19.9%
7 profitable years in a row build equity to €1.13M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €154k ▼28.1%
Net result drops to €154k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €853k ▲31%
Operating result €1.17M, net result €853k, both a record.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, La Louvière · 1 establishment unit since 1979
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.
Rue Grand Peuplier(H-A) 247110 La LouvièreGround area
956 m²
Parcel 55042A0023/00A002, Wallonia. Linked by address, not a title deed.
1 establishment unit
LIMA PROJECTS
since 19792.017.491.617
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55042A0023/00A002 | Wallonia | 956 m² | - | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
L.ECL
BE 0877.469.027
Zemst · Eq €1.36M
BKPS
BE 0535.865.711
Pittem · Eq €1.37M
VDS LOGISTICS
BE 0434.789.434
Lummen · Eq €1.35M
B.G. MAT
BE 0477.463.395
Chimay · Eq €1.40M
BPI Service
BE 0460.032.101
Beveren-Kruibeke-Zwijndrecht · Eq €1.32M
Of 667 companies in sector 77320 we hold annual accounts for 492. 332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-10-1979
Fiscal year end31-12
Activities, NACEBEL
46630Wholesale trade
51820
52461
77320Rental and leasing activities
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.