LIMA WORKSHOP
InactiveFinancials · financial year 2024, full format
Turnover
€2.0m▼ 7.4%
2023 · €2.2m
EBIT margin
4.9%▼ 3.7pp
2023 · 8.7%
Net result
€73,811▼ 48.2%
2023 · €142,513
Working capital
€1.0m▲ 10.9%
2023 · €936,834
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 47% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€2.0m
2024
Operating result€0.1m
2024
Net result€0.07m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.3m
2024
Equity€1.1m
2024
Debt€0.2m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.0m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin4.9%
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)5.9
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€2.1m-€2.2m▲ 5.7%€2.4m▲ 8.8%€2.5m▲ 3.1%€2.3m▼ 6.6%€2.2m▼ 4.0%€2.0m▼ 7.4%
Operating result€0.09m-€0.1m▲ 13.2%€0.08m▼ 22.1%€0.06m▼ 25.1%€0.04m▼ 29.1%€0.2m▲ 347%€0.1m▼ 47.4%
Net result€0.1m-€0.1m▼ 2.4%€0.06m▼ 38.7%€0.04m▼ 29.5%€0.03m▼ 22.4%€0.1m▲ 330%€0.07m▼ 48.2%
EBIT margin4.4%-4.7%▲ 0.3pp3.4%▼ 1.3pp2.5%▼ 0.9pp1.9%▼ 0.6pp8.7%▲ 6.8pp4.9%▼ 3.7pp
Equity€0.9m-€0.9m▲ 2.1%€0.8m▼ 15.5%€0.8m▲ 5.6%€0.8m▲ 4.1%€1.0m▲ 17.0%€1.1m▲ 7.5%
Total assets€1.1m-€1.2m▲ 12.9%€1.3m▲ 2.2%€1.1m▼ 16.0%€1.2m▲ 9.3%€1.3m▲ 8.4%€1.3m▲ 4.2%
Debt€0.2m-€0.3m▲ 59.1%€0.5m▲ 50.8%€0.3m▼ 49.3%€0.3m▲ 25.7%€0.3m▼ 14.4%€0.2m▼ 7.8%
Working capital€0.8m-€0.8m▲ 6.0%€0.6m▼ 24.1%€0.7m▲ 10.6%€0.8m▲ 8.6%€0.9m▲ 20.9%€1.0m▲ 10.9%
Staff (FTE)5.6-5.9▲ 5.4%5.8▼ 1.7%6.3▲ 8.6%6▼ 4.8%5.7▼ 5.0%5.9▲ 3.5%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets
€18,371 ▼ 58.1%
Current assets
€1.3m ▲ 6.5%
Equity and liabilities €1.3m
Equity
€1.1m ▲ 7.5%
Debt
€249,008 ▼ 7.8%
Debt's share of the balance-sheet total falls from 21.6% to 19.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123,207▼
2023 · €215,692
Cash flow
€96,287▼
2023 · €166,627
Current ratio
5.22▲
2023 · 4.47
Quick ratio
2.87▲
2023 · 1.97
Debt to equity
0.24▼
2023 · 0.28
ROE
7.0%▼
2023 · 14.5%
ROA
5.7%▼
2023 · 11.4%
Interest coverage
62.01▼
2023 · over 100
Debt ≤ 1 year
€246,408▼
2023 · €270,115
Income taxes
€29,488▼
2023 · €54,000
Staff costs
€322,037▲
2023 · €273,905
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €2.5m | €2.3m | €2.2m | €2.1m | ▼ 8.0% |
| Turnover70 | €2.1m | €2.2m | €2.4m | €2.5m | €2.3m | €2.2m | €2.0m | ▼ 7.4% |
| Other operating income74 | - | - | - | €0.008m | €0.003m | €0.04m | €0.02m | ▼ 52.6% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.004m | - |
| Operating charges60/66A | - | - | - | €2.4m | €2.3m | €2.1m | €2.0m | ▼ 4.3% |
| Goods for resale, raw materials and consumables60 | - | - | - | €1.8m | €1.6m | €1.5m | €1.3m | ▼ 12.2% |
| Purchases600/8 | - | - | - | €1.8m | €1.5m | €1.5m | €1.2m | ▼ 20.0% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.08m | €0.05m | -€0.02m | €0.1m | - |
| Services and other goods61 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 18.2% |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.02m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.006m | €0.007m | €0.006m | ▼ 11.3% |
| Operating profit (loss)9901 | €0.09m | €0.1m | €0.08m | €0.06m | €0.04m | €0.2m | €0.1m | ▼ 47.4% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 17.7% |
| Recurring financial income75 | €0.01m | €0.01m | €0.009m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 17.7% |
| Income from financial fixed assets750 | - | - | - | €0.002m | €0.003m | €0.002m | €0.003m | ▲ 41.5% |
| Income from current assets751 | - | - | - | - | - | €0 | €0.004m | ▲ 1,014,648% |
| Other financial income752/9 | - | - | - | €0.01m | €0.009m | €0.01m | €0.003m | ▼ 72.4% |
| Financial charges65/66B | - | - | - | €0.01m | €0.006m | €0.007m | €0.007m | ▲ 4.7% |
| Recurring financial charges65 | €0.004m | €0.004m | €0.005m | €0.007m | €0.006m | €0.007m | €0.007m | ▲ 4.7% |
| Debt charges650 | €290 | €475 | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | ▲ 74.8% |
| Other financial charges652/9 | - | - | - | €0.006m | €0.005m | €0.006m | €0.005m | ▼ 9.7% |
| Non-recurring financial charges66B | - | - | - | €0.003m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.1m | €0.08m | €0.06m | €0.05m | €0.2m | €0.1m | ▼ 47.4% |
| Income taxes67/77 | -€3 | €0.01m | €0.02m | €0.02m | €0.02m | €0.05m | €0.03m | ▼ 45.4% |
| Taxes670/3 | - | - | - | €0.02m | €0.02m | €0.05m | €0.03m | ▼ 44.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €288 | €0.001m | - | €0.001m | - |
| Profit (loss) for the period9904 | €0.1m | €0.1m | €0.06m | €0.04m | €0.03m | €0.1m | €0.07m | ▼ 48.2% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.1m | €0.06m | €0.04m | €0.03m | €0.1m | €0.07m | ▼ 48.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.2m | €1.3m | €1.1m | €1.2m | €1.3m | €1.3m | ▲ 4.2% |
| Fixed assets21/28 | €0.08m | €0.07m | €0.1m | €0.09m | €0.06m | €0.04m | €0.02m | ▼ 58.1% |
| Tangible fixed assets22/27 | €0.08m | €0.06m | €0.1m | €0.09m | €0.06m | €0.04m | €0.01m | ▼ 62.8% |
| Land and buildings22 | - | - | - | €0.03m | €0.01m | €0.007m | €0.002m | ▼ 68.9% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.02m | €0.01m | €0.007m | ▼ 42.6% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.03m | €0.02m | €0.005m | ▼ 73.9% |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 13.5% |
| Other financial fixed assets284/8 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 13.5% |
| Shares284 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | €0.001m | - | - |
| Current assets29/58 | €1.0m | €1.2m | €1.1m | €1.0m | €1.1m | €1.2m | €1.3m | ▲ 6.5% |
| Stocks and contracts in progress3 | €0.7m | €0.7m | €0.6m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 14.5% |
| Stocks30/36 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 14.5% |
| Goods purchased for resale34 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 14.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 169% |
| Trade receivables40 | - | - | - | €0.09m | €0.1m | €0.1m | €0.08m | ▼ 23.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.03m | €0.03m | €0.3m | ▲ 799% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.4m | €0.1m | €0.3m | €0.4m | €0.3m | ▼ 11.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.01m | €0.01m | ▲ 18.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.3m | €1.1m | €1.2m | €1.3m | €1.3m | ▲ 4.2% |
| Equity10/15 | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €1.0m | €1.1m | ▲ 7.5% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.2m | €0.2m | €0.09m | €0.09m | €0.09m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Legal reserve130 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Distributable reserves133 | - | - | - | €0.02m | €0.02m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.04m | €0.01m | €0.04m | €0.04m | €0.08m | €0.04m | €0.1m | ▲ 189% |
| Amounts payable17/49 | €0.2m | €0.3m | €0.5m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 7.8% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.5m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 8.8% |
| Financial debts43 | - | - | - | - | - | - | €0.01m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €0.01m | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.9% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.06m | €0.06m | €0.05m | ▼ 27.3% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 11.9% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.04m | €0.05m | €0.03m | ▼ 32.6% |
| Other amounts payable47/48 | - | - | - | €0.004m | €0.007m | €0.008m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €394 | - | - | €0.003m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,127 | €98,692 | €60,501 | €42,649 | €33,112 | €142,513 | €73,811 | ▼ 48.2% |
| + Depreciation and write-downs630 | €25,573 | €25,421 | €34,489 | €36,637 | €33,283 | €24,114 | €22,476 | ▼ 6.8% |
| Operating cash flow (approximation) | €126,700 | €124,113 | €94,990 | €79,287 | €66,396 | €166,627 | €96,287 | ▼ 42.2% |
| Investment in fixed assets (approximation) | - | -€9,211 | -€86,358 | -€11,340 | -€4,556 | -€4,478 | €3,014 | - |
| Change in cash | - | €209,487 | €48,316 | -€239,514 | €168,967 | €85,467 | -€43,048 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 31-07-2025 | 2025-00341108 |
| 31-12-2023 | full format | 09-07-2024 | 2024-00224990 |
| 31-12-2022 | full format | 24-07-2023 | 2023-00261044 |
| 31-12-2021 | full format | 31-07-2022 | 2022-20261113 |
| 31-12-2020 | full format | 13-07-2021 | 2021-34200275 |
| 31-12-2019 | full format | 13-08-2020 | 2020-40700280 |
| 31-12-2018 | full format | 23-07-2019 | 2019-36900091 |
| 31-12-2017 | full format | 25-07-2018 | 2018-37900049 |
| 31-12-2016 | abbreviated format | 19-07-2017 | 2017-33500203 |
| 31-12-2015 | full format | 20-07-2016 | 2016-34100149 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.