LIMAT
ActiveLIMAT has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €-2k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-32
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 8.7 against 5.26 in 2023; short-term debt: 11.5% and cash: 54.7% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.5%
Return on assets
-2.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
54 d late
2022
42 d early
2021
60 d late
2020
13 d late
2019
84 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€71k▼ 7.1%
2023 · €77k
2018: €49k
2019: €58k
2020: €68k
2021: €86k
2022: €68k
2023: €77k
2018 → 2024
Total assets
€81k▼ 15.0%
2023 · €95k
2018: €59k
2019: €62k
2020: €74k
2021: €92k
2022: €89k
2023: €95k
2018 → 2024
Net result
€-2k
2023 · €10k
2018: €3k
2019: €9k
2020: €12k
2021: €18k
2022: €239
2023: €10k
2018 → 2024
Working capital
€71k▼ 7.1%
2023 · €77k
2018: €49k
2019: €58k
2020: €68k
2021: €86k
2022: €75k
2023: €77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€86k▲ 26.6%€68k▼ 21.4%€77k▲ 13.3%€71k▼ 7.1%
Operating result€17k-€25k▲ 50.7%€-1k€15k€-2k
Net result€12k-€18k▲ 47.7%€239▼ 98.7%€10k▲ 3,994%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €15k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €81k
Equity
€71k▼ 7.1%
Debt
€9k▼ 48.6%
The debt ratio falls from 19.0% to 11.5%. Equity and debt are lower.
Key figures and ratios
Solvency
88.5%▲
2023 · 81.0%
Current ratio
8.70▲
2023 · 5.26
Quick ratio
8.70▲
2023 · 5.26
Debt / equity
0.13▼
2023 · 0.23
ROE
-2.9%▼
2023 · 12.7%
ROA
-2.5%▼
2023 · 10.3%
Debt
€9k▼
2023 · €18k
Debt ≤ 1 year
€9k▼
2023 · €18k
Income taxes
€2▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€95k€81k▼
Current assets29/58€95k€81k▼
Amounts receivable within one year40/41€44k€37k▼
Trade receivables40€7k€7k▼
Other amounts receivable41€38k€30k▼
Cash at bank and in hand54/58€51k€44k▼
Equity and liabilities
Total equity and liabilities10/49€95k€81k▼
Equity10/15€77k€71k▼
Contributions10/11€19k€19k=
Reserves13€58k€53k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€56k€51k▼
Amounts payable17/49€18k€9k▼
Amounts payable within one year42/48€18k€9k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48€6k€889▼
Income statement
Code20232024
Other operating charges640/8€109€118▲
Gross operating margin9900€15k€-2k▼
Operating profit (loss)9901€15k€-2k▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€233€55▼
Recurring financial charges65€233€55▼
Profit (loss) for the period before taxes9903€15k€-2k▼
Income taxes67/77€5k€2▼
Profit (loss) for the period9904€10k€-2k▼
Profit (loss) for the period to be appropriated9905€10k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-2k▼
Transfer from equity791/2€800€5k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
Profit to be distributed694/7€800€3k▲
Return on contributions (dividend)694€800€3k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼121%
Net result drops to €-2k, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Highest result since 2018net €18k ▲47.7%
Operating result €25k, net result €18k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 14.71
Current ratio from 5.77 to 14.71; short-term debt falls from €10k to €4k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kapellen · 1 establishment unit since 1984
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.
Antwerpsesteenweg 1662950 KapellenGround area
4,289 m²
Building footprint
1,979 m²
Volume, LiDAR
12,222 m³
Parcel 11362N0337/02A007, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GAMMA-BOUWMARKT
since 19842.025.594.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362N0337/02A007 | Flanders | 4,289 m² | 1 · 1,979 m² | 9.0 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.
Similar companies · same sector, comparable size
KY BUILD
BE 0737.654.217
Tienen · Eq €71k
ANCIENS ETABLISSEMENTS GRIGNARD
BE 0722.742.248
Gembloux · Eq €71k
Binnenhuys interieur & ontwerp
BE 0756.842.104
Peer · Eq €71k
VRG RAMEN EN DEUREN
BE 0846.307.578
Brakel · Eq €71k
VYHO
BE 0770.795.454
Koekelare · Eq €71k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-1984
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
42110Construction of roads and motorways
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.