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LIMAC

Active
Public limited companyfounded 198838 yrs activeTenierslaan 3, 3500 Hasselt, BelgiumKBO/BCE: BE 0434.538.323

LIMAC has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.48M and a net result of €-76k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 44% of 8623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-14
Solvency71=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.37 in 2024; short-term debt: 31% and cash: 1% of total assets), and 53.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.3%
Return on assets
-1.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
24 d late
2024
29 d late
2023
27 d late
2022
28 d late
2021
38 d early
2020
39 d early
2019
34 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.48M▼ 3.0%
2024 · €2.55M
2018: €1.98M 2019: €2.55M 2020: €2.24M 2021: €2.63M 2022: €2.46M 2023: €2.60M 2024: €2.55M
2018 → 2025
Total assets
€5.35M▼ 3.6%
2024 · €5.56M
2018: €4.36M 2019: €5.24M 2020: €4.98M 2021: €5.50M 2022: €5.82M 2023: €5.93M 2024: €5.56M
2018 → 2025
Net result
€-76k▼ 60.6%
2024 · €-47k
2018: €-51k 2019: €570k 2020: €-28k 2021: €388k 2022: €-168k 2023: €142k 2024: €-47k
2018 → 2025
Working capital
€-1.13M▼ 19.6%
2024 · €-945k
2018: €-386k 2019: €751k 2020: €-939k 2021: €-428k 2022: €-738k 2023: €-782k 2024: €-945k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.63M-€2.46M▼ 6.4%€2.60M▲ 5.8%€2.55M▼ 1.8%€2.48M▼ 3.0%
Operating result€562k-€-148k€285k€24k▼ 91.7%€-62k
Net result€388k-€-168k€142k€-47k€-76k▼ 60.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2021: €562k€562kNet result 2021: €388k€388kOperating result 2022: €-148k€-148kNet result 2022: €-168k€-168kOperating result 2023: €285k€285kNet result 2023: €142k€142kOperating result 2024: €24k€24kNet result 2024: €-47k€-47kOperating result 2025: €-62k€-62kNet result 2025: €-76k€-76k20212022202320242025
The operating result turns negative in 2025: a loss of €62k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.35M
Fixed assets €4.82M▼ 3.6%
Current assets €531k▼ 3.6%
Equity and liabilities €5.35M
Equity €2.48M▼ 3.0%
Provisions €201k▼ 4.8%
Debt €2.68M▼ 4.1%
The debt ratio falls from 50.2% to 50.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€142k
2024 · €230k
Cash flow
€129k
2024 · €159k
Solvency
46.3%
2024 · 46.0%
Current ratio
0.32
2024 · 0.37
Quick ratio
0.32
2024 · 0.37
Debt / equity
1.08
2024 · 1.09
ROE
-3.1%
2024 · -1.8%
ROA
-1.4%
2024 · -0.8%
Interest coverage
2.95
2024 · 4.56
Debt
€2.68M
2024 · €2.79M
Debt ≤ 1 year
€1.66M
2024 · €1.50M
Debt > 1 year
€999k
2024 · €1.28M
Income taxes
€7k
2024 · €26k
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€5.56M€5.35M
Fixed assets21/28€5.00M€4.82M
Tangible fixed assets22/27€5.00M€4.82M
Land and buildings22€4.92M€4.75M
Plant, machinery and equipment23€385€0
Furniture and vehicles24€2k€4k
Other tangible fixed assets26€80k€71k
Current assets29/58€550k€531k
Amounts receivable within one year40/41€607€5k
Trade receivables40€607€55
Other amounts receivable41€0€5k
Current investments50/53€444k€452k
Cash at bank and in hand54/58€86k€54k
Deferred charges and accrued income490/1€19k€19k
Equity and liabilities
Total equity and liabilities10/49€5.56M€5.35M
Equity10/15€2.55M€2.48M
Contributions10/11€327k€327k=
Capital10€327k€327k=
Issued capital100€327k€327k=
Revaluation surpluses12€79k€79k=
Reserves13€2.15M€2.07M
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Tax-exempt reserves132€635k€604k
Distributable reserves133€1.48M€1.43M
Provisions and deferred taxes16€212k€201k
Deferred taxes168€212k€201k
Amounts payable17/49€2.79M€2.68M
Amounts payable after more than one year17€1.28M€999k
Financial debts170/4€1.28M€999k
Amounts payable within one year42/48€1.50M€1.66M
Current portion of amounts payable after more than one year42€280k€282k
Financial debts43€700k€700k=
Other loans439€700k€700k=
Trade debts44€16k€17k
Suppliers440/4€16k€17k
Advances received on contracts in progress46€7k€7k=
Taxes, remuneration and social security45€36k€7k
Taxes450/3€36k€7k
Other amounts payable47/48€456k€647k
Accrued charges and deferred income492/3€14k€15k
Income statement Code20242025
Non-recurring operating income76A€15k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206k€204k
Other operating charges640/8€17k€13k
Gross operating margin9900€247k€156k
Operating profit (loss)9901€24k€-62k
Financial income75/76B€7k€32k
Recurring financial income75€7k€32k
Financial charges65/66B€63k€48k
Recurring financial charges65€50k€48k
Non-recurring financial charges66B€12k€0
Profit (loss) for the period before taxes9903€-32k€-79k
Transfer from deferred taxes780€10k€10k=
Income taxes67/77€26k€7k
Profit (loss) for the period9904€-47k€-76k
Transfer from tax-exempt reserves789€31k€31k=
Profit (loss) for the period to be appropriated9905€-16k€-45k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-45k
Transfer from equity791/2€16k€45k
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Back to profitnet €142k
Net result €142k after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Weakest financial yearnet €-168k ▼143%
Net result drops to €-168k, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €388k
Net result €388k after one loss-making year.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
03-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
31-12
Financial Back to profitnet €570k
Net result €570k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.61
Current ratio from 0.71 to 1.61; short-term debt falls from €1.31M to €1.23M.
31-12
Financial Equity above €2MEq €2.55M ▲28.9%
Equity rises from €1.98M to €2.55M.
19-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
12 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, Hasselt · 1 establishment unit since 1988
establishment The establishment unit on the map
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.

Tenierslaan 33500 Hasselt
Ground area
948 m²
Building footprint
217 m²
Volume, LiDAR
1,227 m³
Parcel 71327G0407/00A002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIMAC NV
Tenierslaan 3, 3500 HasseltNACE 70201
since 19882.039.009.383
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0407/00A002 Flanders 948 m² 1 · 217 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

894500Q2WZKV046XYP84
live in the LEI register

Similar companies · same sector, comparable size

Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 17,765 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-06-1988
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.