LIMAR CONCEPT
ActiveSummary
LIMAR CONCEPT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250k and a net result of €166k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+12
Solvency68▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.39 in 2024; short-term debt: 48.1% and cash: 44.1% of total assets), but 57.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
42.7%
Return on assets
28.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
13 d late
2024
38 d early
2023
28 d early
2022
35 d early
2021
17 d early
2020
40 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€166k▲ 35.3%
2024 · €122k
2018: €62k
2019: €92k
2020: €119k
2021: €327k
2022: €111k
2023: €132k
2024: €122k
2018 → 2025
Working capital
€279k▲ 25.0%
2024 · €223k
2018: €112k
2019: €202k
2020: €312k
2021: €463k
2022: €307k
2023: €395k
2024: €223k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€454k-€323k▼ 28.8%€411k▲ 27.0%€217k▼ 47.1%€250k▲ 15.0%
Operating result€427k-€161k▼ 62.4%€177k▲ 10.4%€158k▼ 10.7%€225k▲ 42.3%
Net result€327k-€111k▼ 66.0%€132k▲ 18.6%€122k▼ 7.3%€166k▲ 35.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584k
Fixed assets
€24k ▲ 155%
Current assets
€560k ▼ 29.6%
Equity and liabilities €584k
Equity
€250k ▲ 15.0%
Debt
€335k ▼ 43.0%
Debt's share of the balance-sheet total falls from 73.0% to 57.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€234k▲
2024 · €167k
Cash flow
€174k▲
2024 · €131k
Current ratio
1.99▲
2024 · 1.39
Quick ratio
1.48▲
2024 · 1.12
Debt to equity
1.34▼
2024 · 2.71
ROE
66.3%▲
2024 · 56.4%
ROA
28.3%▲
2024 · 15.2%
Interest coverage
49.98▲
2024 · 37.80
Debt ≤ 1 year
€281k▼
2024 · €572k
Income taxes
€55k▲
2024 · €32k
Staff costs
€248k▲
2024 · €212k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€804k€584k▼
Fixed assets21/28€10k€24k▲
Tangible fixed assets22/27€8k€22k▲
Furniture and vehicles24€8k€22k▲
Financial fixed assets28€2k€2k=
Current assets29/58€795k€560k▼
Stocks and contracts in progress3€152k€145k▼
Stocks30/36€152k€145k▼
Amounts receivable within one year40/41€267k€148k▼
Trade receivables40€250k€148k▼
Other amounts receivable41€17k-
Cash at bank and in hand54/58€363k€258k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€804k€584k▼
Equity10/15€217k€250k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€197k€229k▲
Amounts payable17/49€587k€335k▼
Amounts payable within one year42/48€572k€281k▼
Trade debts44€156k€128k▼
Suppliers440/4€156k€128k▼
Advances received on contracts in progress46€39k€67k▲
Taxes, remuneration and social security45€55k€53k▼
Taxes450/3€28k€23k▼
Remuneration and social security454/9€27k€30k▲
Other amounts payable47/48€322k€33k▼
Accrued charges and deferred income492/3€16k€53k▲
Income statement
Code20242025
Non-recurring operating income76A-€135
Remuneration, social security and pensions62€212k€248k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k-
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€399k€490k▲
Operating profit (loss)9901€158k€225k▲
Financial income75/76B€110€75▼
Recurring financial income75€110€75▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€154k€221k▲
Income taxes67/77€32k€55k▲
Profit (loss) for the period9904€122k€166k▲
Profit (loss) for the period to be appropriated9905€122k€166k▲
Appropriation of the result
Profit (loss) to be appropriated9906€513k€362k▼
Profit (loss) brought forward from the previous period14P€390k€197k▼
Profit to be distributed694/7€316k€133k▼
Return on contributions (dividend)694€300k€130k▼
Directors or managers695€12k-
Employees696€4k€3k▼
Social balance
Average headcount (FTE)90874.85.5▲
The notes to these accounts (10 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €327k ▲174%
Operating result €427k, net result €327k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €216k ▲75.2%
2 profitable years in a row build equity to €216k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Pieters-Woluwe · 1 establishment unit since 2016
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.
Hertogstraat 591150 Sint-Pieters-WoluweGround area
319 m²
Building footprint
142 m²
Volume, LiDAR
458 m³
Parcel 21019A0203/00R009, Brussels · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LIMAR CONCEPT
since 20162.256.396.677
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0203/00R009 | Brussels | 319 m² | 1 · 142 m² | 7.4 m · 1 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.
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ALPHAR ETTERBEEK
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WHISPER NOT
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DAMANO
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Of 1,743 companies in sector 46150 we hold annual accounts for 757. 515 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
46431Wholesale of electrical household appliances and audio-video equipment
46499Wholesale of other household goods
47540Retail sale of electrical household appliances
47789Other retail sale of new goods
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.