LIMCO ART
ActiveLIMCO ART has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €96k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+50
Solvency100▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 8.42 against 2.1 in 2024; short-term debt: 10.5% and cash: 54% of total assets), and 11% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
89%
Return on assets
49.4%
Age of the figures
9 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
4 d late
2023
48 d late
2022
88 d late
2021
75 d late
2020
55 d late
2019
203 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 125%
2024 · €77k
2018: €23k
2019: €64k
2020: €95k
2021: €127k
2022: €127k
2023: €61k
2024: €77k
2018 → 2025
Total assets
€194k▲ 55.6%
2024 · €125k
2018: €42k
2019: €170k
2020: €191k
2021: €258k
2022: €252k
2023: €113k
2024: €125k
2018 → 2025
Net result
€96k▲ 507%
2024 · €16k
2018: €49k
2019: €42k
2020: €38k
2021: €32k
2022: €459
2023: €-66k
2024: €16k
2018 → 2025
Working capital
€151k▲ 185%
2024 · €53k
2018: €27k
2019: €47k
2020: €39k
2021: €79k
2022: €35k
2023: €26k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€127k▲ 0.4%€61k▼ 52.1%€77k▲ 25.9%€173k▲ 125%
Operating result€44k-€9k▼ 78.9%€-53k€38k€138k▲ 267%
Net result€32k-€459▼ 98.6%€-66k€16k€96k▲ 507%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 267% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194k
Fixed assets
€23k▼ 3.4%
Current assets
€171k▲ 69.6%
Equity and liabilities €194k
Equity
€173k▲ 125%
Debt
€21k▼ 55.4%
The debt ratio falls from 38.4% to 11.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▲
2024 · €42k
Cash flow
€103k▲
2024 · €20k
Solvency
89.0%▲
2024 · 61.6%
Current ratio
8.42▲
2024 · 2.10
Quick ratio
8.42▲
2024 · 2.10
Debt / equity
0.12▼
2024 · 0.62
ROE
55.5%▲
2024 · 20.6%
ROA
49.4%▲
2024 · 12.7%
Interest coverage
6.68▲
2024 · 1.90
Debt
€21k▼
2024 · €48k
Debt ≤ 1 year
€20k▼
2024 · €48k
Income taxes
€21k
Staff costs
€47k▲
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€125k€194k▲
Fixed assets21/28€24k€23k▼
Tangible fixed assets22/27€12k€23k▲
Plant, machinery and equipment23€10k€14k▲
Furniture and vehicles24€3k€9k▲
Financial fixed assets28€12k-
Current assets29/58€101k€171k▲
Amounts receivable within one year40/41€92k€66k▼
Trade receivables40€72k€34k▼
Other amounts receivable41€20k€32k▲
Cash at bank and in hand54/58€8k€105k▲
Deferred charges and accrued income490/1€553€317▼
Equity and liabilities
Total equity and liabilities10/49€125k€194k▲
Equity10/15€77k€173k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€63k€158k▲
Amounts payable17/49€48k€21k▼
Amounts payable within one year42/48€48k€20k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€48k€17k▼
Suppliers440/4€48k€17k▼
Taxes, remuneration and social security45€40€73▲
Taxes450/3€40€73▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€3k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€11k€4k▼
Non-recurring operating charges66A€582-
Gross operating margin9900€57k€197k▲
Operating profit (loss)9901€38k€138k▲
Financial income75/76B€138€173▲
Recurring financial income75€138€173▲
Financial charges65/66B€22k€22k▼
Recurring financial charges65€22k€22k▼
Profit (loss) for the period before taxes9903€16k€116k▲
Income taxes67/77-€21k
Profit (loss) for the period9904€16k€96k▲
Profit (loss) for the period to be appropriated9905€16k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€158k▲
Profit (loss) brought forward from the previous period14P€47k€63k▲
The notes to these accounts (9 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €96k ▲507%
Operating result €138k, net result €96k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.42
Current ratio from 2.10 to 8.42; short-term debt falls from €48k to €20k.
31-12
Financial
Equity above €150kEq €173k ▲125%
2 profitable years in a row build equity to €173k.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Weakest financial yearnet €-66k ▼14530%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Equity above €100kEq €127k ▲33.9%
4 profitable years in a row build equity to €127k.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
11-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 223 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 317 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Houthalen-Helchteren · 1 establishment unit since 2015
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.
Rafnusstraat 173530 Houthalen-HelchterenGround area
3,045 m²
Building footprint
313 m²
Volume, LiDAR
1,916 m³
Parcel 72015D0083/00F000, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIMCO ART
since 20152.239.268.259
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015D0083/00F000 | Flanders | 3,044 m² | 1 · 313 m² | 13.9 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
MAASLANDSE CENTRALE VERWARMING
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USIMEX - EXPLOITATIE
BE 0428.670.912
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GVDB Technics
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CUPPENS VERWARMING
BE 0447.632.729
Oudsbergen · Eq €172k
Of 9,531 companies in sector 43222 we hold annual accounts for 5,659. 4,879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2015
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43310Plastering work
43350Other building finishing work
43910Bricklaying and masonry work
43994Specialised construction activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.