Limburgs Kantoor
Limburgs Kantoor has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.15M and a net result of €-15k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 4440 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €6.15M |
| Net result | €-15k |
| Better than sector | 80% |
| Active | 56 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.1% | 38.4% | |
| Net result | €-15k | €23k | |
| Equity | €6.15M | €918k | |
| Gross operating margin | €27k | €157k | |
| Total assets | €7.68M | €3.36M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | €42k | €46k | - | - | - |
| EBITDA | €3k | €-27k | €9k | €2k | €-11k |
| Net profit | €-15k | €-32k | €-19k | €-100k | €320k |
| Cash flow | €24k | €-258 | €32k | €-47k | €374k |
| Staff costs | - | - | - | - | - |
| Income taxes | €12k | €6k | €10k | €111k | €14k |
| Dividends | - | - | - | - | - |
| Total assets | €7.68M | €7.75M | €6.47M | €6.56M | €5.90M |
| Equity | €6.15M | €6.16M | €4.26M | €4.28M | €4.38M |
| Debt | €41k | €61k | €858k | €900k | €100k |
| of which ≤ 1y | €27k | €54k | €852k | €893k | €91k |
| of which > 1y | €12k | €7k | €7k | €7k | €7k |
| Working capital | €6.37M | €6.40M | €4.88M | €4.88M | €4.97M |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 238.87 | 119.67 | 6.73 | 6.47 | 55.83 |
| Quick ratio | 238.87 | 119.67 | 6.73 | 6.47 | 55.83 |
| Working capital ratio | 83.0% | 82.6% | 75.5% | 74.4% | 84.3% |
| Solvency | 80.1% | 79.6% | 65.9% | 65.2% | 74.3% |
| Debt / equity | 0.01 | 0.01 | 0.20 | 0.21 | 0.02 |
| Long-term debt ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest coverage | 2.38 | -18.14 | 18.54 | 1.43 | -5.33 |
| Gross margin | -197.3% | -242.4% | - | - | - |
| Net margin | -35.2% | -70.2% | - | - | - |
| ROA | -0.2% | -0.4% | -0.3% | -1.5% | 5.4% |
| ROE | -0.2% | -0.5% | -0.4% | -2.3% | 7.3% |
| EBITDA margin | 6.2% | -58.2% | - | - | - |
| Days sales outstanding | 248d | 206d | - | - | - |
| Days payable outstanding | 21d | 80d | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €7.68M | €7.75M | €6.47M | €6.56M | €5.90M |
| Fixed assets | 21/28 | €1.28M | €1.30M | €733k | €784k | €836k |
| Tangible fixed assets | 22/27 | €1.27M | €1.29M | €727k | €778k | €831k |
| Financial fixed assets | 28 | €6k | €6k | €6k | €6k | €6k |
| Current assets | 29/58 | €6.40M | €6.45M | €5.74M | €5.78M | €5.06M |
| Amounts receivable within one year | 40/41 | €46k | €65k | €70k | €52k | €1.05M |
| Cash & bank | 54/58 | €728k | €1.56M | €840k | €897k | €769k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.68M | €7.75M | €6.47M | €6.56M | €5.90M |
| Equity | 10/15 | €6.15M | €6.16M | €4.26M | €4.28M | €4.38M |
| Contributions / capital | 10/11 | €925k | €925k | €620k | €620k | €620k |
| Reserves | 13 | €5.22M | €5.24M | €3.64M | €3.66M | €3.76M |
| Provisions & deferred taxes | 16 | €1.49M | €1.52M | €1.35M | €1.38M | €1.42M |
| Amounts payable | 17/49 | €41k | €61k | €858k | €900k | €100k |
| Amounts payable after one year | 17 | €12k | €7k | €7k | €7k | €7k |
| Amounts payable within one year | 42/48 | €27k | €54k | €852k | €893k | €91k |
| Trade debts payable within one year | 44 | €7k | €34k | - | - | €17k |
| Income statement | ||||||
| Turnover | 70 | €42k | €46k | - | - | - |
| Gross operating margin | 9900 | €27k | €-1k | €33k | €24k | €10k |
| Operating result | 9901 | €-36k | €-58k | €-42k | €-50k | €-66k |
| Financial income | 75 | €137 | €32 | €552 | €27k | €20k |
| Financial charges | 65 | €1k | €1k | €504 | €2k | €2k |
| Result before taxes | 9903 | €-37k | €-60k | €-42k | €-25k | €374k |
| Income taxes | 67/77 | €12k | €6k | €10k | €111k | €14k |
| Net result for the period | 9904 | €-15k | €-32k | €-19k | €-100k | €320k |
| Result to be appropriated | 9905 | €37k | €19k | €29k | €-46k | €259k |
-
Annick CaelenDirectorState Gazette act 25120520 (24-09-2025)Current03-06-2025 → present
2 events
- 03-06-2025 Appointed· Director
- 03-06-2025 Appointed· Managing director
Former directors (1)
-
de voltallige Raad van BestuurDirectorState Gazette act 25120520 (24-09-2025)Former- → 24-09-2025
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 20-10-1969 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1383/00E003 | Flanders | 512 m² | 1 · 233 m² | 27.4 m · 9 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-09-2025 2 directors appointed, 1 resigning
- Annick Caelen, Bestuurder
- Annick Caelen, Gedelegeerd bestuurder
- de voltallige Raad van Bestuur, Bestuurder
Technical details
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}07-02-2025 Transaction in capital or shares
Technical details
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],
"notary": {
"name": "Frank WILSENS",
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"firm_name": "WILSENS, CLEEREN, VERDUYN \u0026 D\u0027JOOS",
"office_city": "Wellen",
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"pub_date": "2025-02-07",
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"individual_name": "Jozef Vanhees"
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}04-04-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"12:24",
"12:24 t.e.m. 12:35",
"12:13"
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"real_estate_included": true,
"patrimony_description": "De fusie omvat de overdracht van het gehele vermogen, zowel de rechten als de verplichtingen, van de overgenomen vennootschappen aan de overnemende vennootschap.",
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"summary_narrative": "De bestuursorganen van de NV \u0022LIMBURGS KANTOOR\u0022, de NV \u0022ETABLISSEMENTEN SLEDSENS\u0022 en de BV \u0022HASSELTS VERZEKERINGSKANTOOR\u0022 hebben een fusievoorstel opgesteld voor de overneming van de laatste twee vennootschappen door de eerste. Het voorstel is gericht op het cre\u00EBren van synergie\u00EBn en effici\u00EBntieverbeteringen door het samenvoegen van de activiteiten en het bundelen van krachten. De fusie zal worden voorgelegd aan de buitengewone algemene vergaderingen van de betrokken vennootschappen.",
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}| Legal nameNL | Limburgs Kantoor |