Limbulo
ActiveSummary
Limbulo has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€93,629. Equity is shrinking by ~6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,612 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €590,501 | - | - | - | - | - |
| Non-recurring operating income76A | - | €312,116 | €190,794 | €197,254 | €6,893 | ▼ 96.5% |
| Goods, raw materials, services and sundry goods60/61 | €71,137 | €96,146 | €142,588 | €92,238 | €36,300 | ▼ 60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €171,634 | €168,415 | €123,813 | €32,222 | €6,124 | ▼ 81.0% |
| Other operating charges640/8 | €76,099 | €70,221 | €29,414 | €72,025 | €68,077 | ▼ 5.5% |
| Gross operating margin9900 | €752,880 | €293,028 | €73,910 | €171,583 | -€29,406 | ▼ 117% |
| Operating profit (loss)9901 | €505,147 | €54,393 | -€79,317 | €67,336 | -€103,608 | ▼ 254% |
| Financial income75/76B | - | €3,351 | - | €24,470 | €31,776 | ▲ 29.9% |
| Recurring financial income75 | - | €3,351 | - | €24,470 | €31,776 | ▲ 29.9% |
| Financial charges65/66B | €58,056 | €45,986 | €40,845 | €29,435 | €21,797 | ▼ 25.9% |
| Recurring financial charges65 | €58,056 | €45,986 | €40,845 | €29,435 | €21,797 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €447,091 | €11,758 | -€120,162 | €62,371 | -€93,629 | ▼ 250% |
| Transfer from deferred taxes780 | €188,792 | €4,684 | €113,708 | - | - | - |
| Income taxes67/77 | €231,161 | €4,110 | €1,140 | €24,774 | - | - |
| Profit (loss) for the period9904 | €404,723 | €12,333 | -€7,593 | €37,597 | -€93,629 | ▼ 349% |
| Transfer from tax-exempt reserves789 | €402,827 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | €895,159 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €807,550 | -€882,827 | -€7,593 | €37,597 | -€93,629 | ▼ 349% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €2.6m | €2.2m | €2.1m | €2.0m | ▼ 8.5% |
| Fixed assets21/28 | €2.3m | €2.0m | €1.3m | €516,624 | €435,500 | ▼ 15.7% |
| Tangible fixed assets22/27 | €1.6m | €1.4m | €701,322 | €6,124 | - | - |
| Land and buildings22 | €1.6m | €1.4m | €701,322 | €6,124 | - | - |
| Financial fixed assets28 | €746,700 | €625,500 | €575,500 | €510,500 | €435,500 | ▼ 14.7% |
| Current assets29/58 | €1.6m | €652,153 | €888,423 | €1.6m | €1.5m | ▼ 6.1% |
| Amounts receivable within one year40/41 | €1.5m | €230,838 | €23,032 | €19,575 | €16,309 | ▼ 16.7% |
| Trade receivables40 | €1.5m | €170,631 | €631 | - | - | - |
| Other amounts receivable41 | €11,398 | €60,207 | €22,401 | €19,575 | €16,309 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €93,284 | €421,315 | €865,390 | €1.4m | €1.3m | ▼ 7.0% |
| Deferred charges and accrued income490/1 | €12,968 | - | - | €217,466 | €217,466 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €2.6m | €2.2m | €2.1m | €2.0m | ▼ 8.5% |
| Equity10/15 | €2.5m | €1.8m | €1.6m | €1.5m | €1.4m | ▼ 6.3% |
| Contributions10/11 | €738,814 | €738,814 | €738,814 | €738,814 | €738,814 | = |
| Capital10 | €738,814 | €738,814 | €738,814 | €738,814 | €738,814 | = |
| Issued capital100 | €738,814 | €738,814 | €738,814 | €738,814 | €738,814 | = |
| Reserves13 | €889,160 | €1.0m | €896,712 | €726,712 | €726,712 | = |
| Non-distributable reserves130/1 | €56,130 | €73,881 | €73,881 | €103,881 | €103,881 | = |
| Legal reserve130 | €56,130 | €73,881 | €73,881 | €103,881 | €103,881 | = |
| Tax-exempt reserves132 | €72,898 | €72,898 | - | - | - | - |
| Distributable reserves133 | €760,133 | €887,831 | €822,831 | €622,831 | €622,831 | = |
| Profit (loss) carried forward14 | €895,159 | €12,333 | €4,739 | €12,336 | -€81,293 | ▼ 759% |
| Provisions and deferred taxes16 | €45,495 | €40,811 | - | - | - | - |
| Deferred taxes168 | €45,495 | €40,811 | - | - | - | - |
| Amounts payable17/49 | €1.3m | €802,428 | €524,980 | €652,721 | €566,123 | ▼ 13.3% |
| Amounts payable after more than one year17 | €923,795 | €730,849 | €464,576 | €393,265 | €295,512 | ▼ 24.9% |
| Financial debts170/4 | €923,795 | €730,849 | €464,576 | €393,265 | €295,512 | ▼ 24.9% |
| Amounts payable within one year42/48 | €422,936 | €71,579 | €60,404 | €259,456 | €270,612 | ▲ 4.3% |
| Current portion of amounts payable after more than one year42 | €191,076 | €68,179 | €35,655 | €35,655 | €51,371 | ▲ 44.1% |
| Trade debts44 | €699 | €3,400 | - | €6,334 | €1,775 | ▼ 72.0% |
| Suppliers440/4 | €699 | €3,400 | - | €6,334 | €1,775 | ▼ 72.0% |
| Taxes, remuneration and social security45 | €231,161 | - | €24,749 | €217,466 | €217,466 | = |
| Taxes450/3 | €231,161 | - | €24,749 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €217,466 | €217,466 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €404,723 | €12,333 | -€7,593 | €37,597 | -€93,629 | ▼ 349% |
| + Depreciation and write-downs630 | €171,634 | €168,415 | €123,813 | €32,222 | €6,124 | ▼ 81.0% |
| Operating cash flow (approximation) | €576,357 | €180,747 | €116,220 | €69,819 | -€87,505 | ▼ 225% |
| Investment in fixed assets (approximation) | - | €152,084 | €576,206 | €727,975 | €75,000 | ▼ 89.7% |
| Change in cash | - | €328,031 | €444,075 | €511,527 | -€95,836 | ▼ 119% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64013B0330/00H000 | Wallonia | 1,766 m² | 1 · 246 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Company details
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Register as of 1 October 2026 · Peppol Directory
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