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LIMANCO

Active Risk: not assessed
Private limited companyfounded 2000active for 26 yearsDublinstraat 37, 9000 Gent, BelgiumKBO/BCE: BE 0471.524.720

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-04-2026 PDF all 25 filings

Amounts without an identifiable currency are taken as euros.

Equity
€1.4m▲ 1.5%
2024 · €1.4m
Net result
€20,132▼ 63.1%
2024 · €54,491
Total assets
€1.7m▼ 33.9%
2024 · €2.6m
Solvency
81.3%▲ 28.3pp
2024 · 52.9%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a loss of €94,919, after a profit of €39,333 in 2024. It is the lowest result since 2021.

Operating result-€0.09m 2025 Net result€0.02m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.008m-€0.02m€0.1m▲ 657%€0.1m▲ 2.8%€0.3m▲ 146%€0.04m▼ 87.7%-€0.09m
Net result-€0.006m-€0.003mwithin the sector's middle half€0.1mabove the sector's middle half▲ 29×€0.09mabove the sector's middle half▼ 11.4%€0.3mabove the sector's middle half▲ 190%€0.05mwithin the sector's middle half▼ 78.4%€0.02mwithin the sector's middle half▼ 63.1%
Equity€0.9m-€0.9mabove the sector's middle half▲ 0.4%€1.0mabove the sector's middle half▲ 11.3%€1.1mabove the sector's middle half▲ 9.0%€1.3mabove the sector's middle half▲ 24.0%€1.4mabove the sector's middle half▲ 4.2%€1.4mabove the sector's middle half▲ 1.5%
Total assets€1.6m-€1.6mabove the sector's middle half▼ 2.4%€1.6mabove the sector's middle half▲ 4.1%€1.8mabove the sector's middle half▲ 13.2%€2.4mabove the sector's middle half▲ 32.3%€2.6mabove the sector's middle half▲ 5.7%€1.7mabove the sector's middle half▼ 33.9%
Debt€0.7m-€0.7m▼ 5.7%€0.7m▼ 5.0%€0.8m▲ 19.3%€1.1m▲ 43.6%€1.2m▲ 7.4%€0.3m▼ 73.7%
Working capital€0.4m-€0.4mabove the sector's middle half▲ 4.4%€0.6mabove the sector's middle half▲ 24.7%€0.7mabove the sector's middle half▲ 16.7%€1.0mabove the sector's middle half▲ 49.1%€1.0mabove the sector's middle half▲ 7.5%€0.6mabove the sector's middle half▼ 44.8%
Solvency54.1%-55.6%within the sector's middle half▲ 1.5pp59.5%within the sector's middle half▲ 3.9pp57.3%within the sector's middle half▼ 2.2pp53.7%within the sector's middle half▼ 3.6pp52.9%within the sector's middle half▼ 0.8pp81.3%above the sector's middle half▲ 28.3pp
Current ratio1.59-1.65within the sector's middle half▲ 0.061.85within the sector's middle half▲ 0.201.83within the sector's middle half▼ 0.021.86within the sector's middle half▲ 0.031.87within the sector's middle half=2.82within the sector's middle half▲ 0.95
Return on assets (ROA)-0.4%-0.2%below the sector's middle half▲ 0.6pp6.0%within the sector's middle half▲ 5.8pp4.7%within the sector's middle half▼ 1.3pp10.4%within the sector's middle half▲ 5.7pp2.1%within the sector's middle half▼ 8.3pp1.2%below the sector's middle half▼ 0.9pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €800,571 ▲ 156%
Current assets €894,739 ▼ 60.3%
Equity and liabilities €1.7m
Equity €1.4m ▲ 1.5%
Debt €317,632 ▼ 73.7%
Debt's share of the balance-sheet total falls from 47.1% to 18.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
1.5%▼
2024 · 4.0%
Debt ≤ 1 year
€317,632▼
2024 · €1.2m
Income taxes
€11,585▼
2024 · €25,012
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets€3,857€10,861€46,071€6,841€577,379
Depreciation and write-downs of the year€15,874€17,441€21,448€25,232€89,528

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LIMANCO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.4m and €1.8m, founded between 1998 and 2002.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
LIMANCO Gent2000€1.7m€1.4m-€0.002m€0.02m2025
VANDER STRICHT - VENS Lokeren1998€1.8m€0.2m-€0.02m-€0.1m2025
PACAMA Maldegem1999€1.4m€0.9m-€0.001m-€0.007m2025
B - COM Zottegem2002€1.4m€0.1m-€0.002m-€0.003m2025
BELCO Pelt2000€1.8m€1.7m-€0.003m€0.5m2025
C & Q-INVEST Antwerpen1999€1.7m-€0.3m-€0.09m-€0.1m2024
BON D'ULLE HOLDING Kinrooi2001€1.7m€1.7m-€334-€0.1m2025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Source: Annual accounts 2025 (PDF), filed on 29-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€2.6m€1.7m▼
Fixed assets21/28€0.3m€0.8m▲
Tangible fixed assets22/27€0.2m€0.7m▲
Land and buildings22€0.2m€0.7m▲
Plant, machinery and equipment23-€0.001m
Furniture and vehicles24€0.03m€0.01m▼
Financial fixed assets28€0.1m€0.1m=
Current assets29/58€2.3m€0.9m▼
Amounts receivable within one year40/41€2.2m€0.5m▼
Trade receivables40€0.09m€0.001m▼
Other amounts receivable41€2.1m€0.5m▼
Cash at bank and in hand54/58€0.05m€0.4m▲
Deferred charges and accrued income490/1€308€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€2.6m€1.7m▼
Equity10/15€1.4m€1.4m▲
Contributions10/11€0.02m€0.02m=
Reserves13€1.3m€1.4m▲
Distributable reserves133€1.3m€1.4m▲
Amounts payable17/49€1.2m€0.3m▼
Amounts payable within one year42/48€1.2m€0.3m▼
Trade debts44€0.004m€0.001m▼
Suppliers440/4€0.004m€0.001m▼
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.03m€0.02m▼
Other amounts payable47/48€1.2m€0.3m▼
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.09m▲
Other operating charges640/8€0.005m€0.004m▼
Gross operating margin9900€0.07m-€0.002m▼
Operating profit (loss)9901€0.04m-€0.09m▼
Financial income75/76B€0.04m€0.1m▲
Recurring financial income75€0.04m€0.1m▲
Financial charges65/66B€0.001m€382▼
Recurring financial charges65€0.001m€382▼
Profit (loss) for the period before taxes9903€0.08m€0.03m▼
Income taxes67/77€0.03m€0.01m▼
Profit (loss) for the period9904€0.05m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.05m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.02m▼
Transfer to equity691/2€0.05m€0.02m▼
To other reserves6921€0.05m€0.02m▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A----€219,053€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,420€16,038€15,874€17,441€21,448€25,232€89,528▲ 255%
Other operating charges640/8--€3,469€3,777€4,195€4,670€3,861▼ 17.3%
Gross operating margin9900€15,098€36,263€145,740€151,119€345,493€69,235-€1,530-
Operating profit (loss)9901-€7,813€16,697€126,397€129,901€319,850€39,333-€94,919-
Financial income75/76B--€12,976€16,471€27,100€40,696€127,018▲ 212%
Recurring financial income75€2,548€15,160€12,976€16,471€27,100€40,696€127,018▲ 212%
Financial charges65/66B--€26,745€28,668€50,369€526€382▼ 27.4%
Recurring financial charges65€320€28,503€26,745€28,668€50,369€526€382▼ 27.4%
Profit (loss) for the period before taxes9903-€5,585€3,354€112,627€117,704€296,581€79,503€31,717▼ 60.1%
Income taxes67/77-€0€14,755€30,972€44,629€25,012€11,585▼ 53.7%
Profit (loss) for the period9904-€5,585€3,354€97,872€86,732€251,952€54,491€20,132▼ 63.1%
Transfer from tax-exempt reserves789--€2,974€15,776€0---
Profit (loss) for the period to be appropriated9905-€5,585€3,354€100,847€102,508€251,952€54,491€20,132▼ 63.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.6m€1.6m€1.6m€1.8m€2.4m€2.6m€1.7m▼ 33.9%
Formation expenses20-€0------
Fixed assets21/28€0.4m€0.4m€0.4m€0.4m€0.3m€0.3m€0.8m▲ 156%
Intangible fixed assets21-€0------
Tangible fixed assets22/27€0.3m€0.3m€0.3m€0.3m€0.2m€0.2m€0.7m▲ 230%
Land and buildings22--€0.3m€0.3m€0.2m€0.2m€0.7m▲ 282%
Plant, machinery and equipment23--€0.005m€0.004m€0-€0.001m-
Furniture and vehicles24--€0.004m€0.01m€0.04m€0.03m€0.01m▼ 54.4%
Financial fixed assets28€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Current assets29/58€1.2m€1.1m€1.2m€1.4m€2.1m€2.3m€0.9m▼ 60.3%
Stocks and contracts in progress3-€0------
Amounts receivable within one year40/41€1.1m€1.1m€1.2m€1.4m€2.0m€2.2m€0.5m▼ 76.4%
Trade receivables40--€0.001m€0.06m€0€0.09m€0.001m▼ 99.4%
Other amounts receivable41--€1.2m€1.4m€2.0m€2.1m€0.5m▼ 75.5%
Current investments50/53-€0------
Cash at bank and in hand54/58€0.05m€0.006m€0.01m€0.01m€0.1m€0.05m€0.4m▲ 683%
Deferred charges and accrued income490/1--€0.001m€0.001m€102€308€0.001m▲ 286%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m€1.6m€1.8m€2.4m€2.6m€1.7m▼ 33.9%
Equity10/15€0.9m€0.9m€1.0m€1.1m€1.3m€1.4m€1.4m▲ 1.5%
Contributions10/11€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.8m€0.8m€0.9m€1.0m€1.3m€1.3m€1.4m▲ 1.5%
Non-distributable reserves130/1--€0.002m€0.002m€0---
Reserves not available under the articles1311--€0.002m€0.002m€0---
Tax-exempt reserves132--€0.02m-----
Distributable reserves133--€0.9m€1.0m€1.3m€1.3m€1.4m▲ 1.5%
Profit (loss) carried forward14-€0------
Amounts payable17/49€0.7m€0.7m€0.7m€0.8m€1.1m€1.2m€0.3m▼ 73.7%
Amounts payable within one year42/48€0.7m€0.7m€0.7m€0.8m€1.1m€1.2m€0.3m▼ 73.7%
Trade debts44€0.002m€0.005m€0.001m€0.002m€0.07m€0.004m€0.001m▼ 80.9%
Suppliers440/4--€0.001m€0.002m€0.07m€0.004m€0.001m▼ 80.9%
Taxes, remuneration and social security45--€0.01m-€0.02m€0.03m€0.02m▼ 32.5%
Taxes450/3--€0.01m-€0.02m€0.03m€0.02m▼ 32.5%
Other amounts payable47/48--€0.6m€0.8m€1.0m€1.2m€0.3m▼ 74.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€5,585€3,354€97,872€86,732€251,952€54,491€20,132▼ 63.1%
+ Depreciation and write-downs630€16,420€16,038€15,874€17,441€21,448€25,232€89,528▲ 255%
Operating cash flow (approximation)€10,834€19,392€113,746€104,173€273,401€79,723€109,660▲ 37.6%
Investment in fixed assets (approximation)--€722-€2,974-€10,861€46,586-€6,841-€577,379▼ 8,340%
Change in cash--€39,436€3,747€391€93,632-€56,150€326,459-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 29-04-2026 2026-00102811 PDF
30-09-2024 micro format 28-04-2025 2025-00085331 PDF
30-09-2023 micro format 25-04-2024 2024-00081228 PDF
30-09-2022 micro format 25-04-2023 2023-00067386 PDF
30-09-2021 micro format 29-04-2022 2022-20022007 PDF
30-09-2020 micro format 09-04-2021 2021-10100089 PDF
30-09-2019 micro format 07-04-2020 2020-08600540 PDF
30-09-2018 micro format 29-04-2019 2019-11200212 PDF
30-09-2017 micro format 20-03-2018 2018-07000015 PDF
30-09-2016 abbreviated format 05-04-2017 2017-08000047 PDF

Show all 25 filings

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