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LIMBRO

Active
Public limited companyfounded 1984active for 41 yearsKerkstraat 71, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0426.639.652
Summary

LIMBRO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €426,257. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 70% of 5,719 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
#4 oldest company in Merelbeke-Melle, Real estate sector1 site
Size
€3.9mtotal assets 2025
Staff
1 FTE
Equity
€2.5m
Profit
€426,257
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 1 day early0 of 5 deeds read
Why 97raises risk1 of the last 3 latelowers riskSize: 1 FTE, total assets €3.9mFounded in 1984Figures for financial year 2025 (filed 04-08-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 89+13
equity 63.7% of total assets
Liquidity 60+4
short-term debt 7.7% · cash 8.0%
Profitability 82+78
return on assets 11.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,557 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.9%▲ +0.5 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026highest value 04-2026: 0.8%▼ -0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.8 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €240,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.49, compared with 2.19 in 2024; short-term debt: 7.7% and cash: 8% of total assets), and 36.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 74% on solvency, 72% on liquidity, 80% on profitability and 76% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: 1 FTE, total assets €3.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1984
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 04-08-2026)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
1 day early
2024
365 days late
2023
on the day
2022
60 days late
2021
79 days late
2020
118 days late
2019
132 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 108 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Back in profit in 2025after -€473,161 in 2024 €426,257 View
  • Positive: Oldest company in Merelbeke-Melle, Real estate sectorin the Checked rankings #4 View
  • Active since 1984founded 14-12-1984 41 years View

By topic

Financials

Financial year
2025
Total assets
€3.9m
Profit
€426,257
Solvency
63.7%
Total assets▼ 4.1%
Net result
20182025
Go to Financials

Timeline

Events
41
Since
1991
Next accounts
by 31-07-2027
  1. 30-07-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
14-12-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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