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LIMCO ART

Active
Private limited companyfounded 2015active for 11 yearsRafnusstraat 17, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0597.986.588
Summary

LIMCO ART has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,561 and a net result of €95,783. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 93% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-02-2015 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 5 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.239.268.259 3530 Houthalen-Helchteren, since 13-02-2015
Financial year end
31 December
Peppol
Reachable since 03-07-2025

Board and ownership

Board

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€197,496
▲ 248%
Turnover
≈ €610,000
estimated
Profit
€95,783
▲ 507%
Equity
€172,561
▲ 125%
Total assets
€193,907
▲ 55.6%
Employees on 31-12-2025
1
Score breakdownraises risk1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 8.42, cash €104,735Equity €172,561 (89.0% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 93% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+13
equity 89.0% of total assets
Liquidity 100+59
short-term debt 10.5% · cash 54.0%
Profitability 100+50
return on assets 49.4%
Bankruptcy probability within 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 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 3.4% 01-2025: 3.3%▼ -0.1 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.2%▼ -0.1 percentage points vs 02-2025 04-2025: 3.3%▲ +0.1 percentage points vs 03-2025 05-2025: 3.1%▼ -0.2 percentage points vs 04-2025 06-2025: 3.0%▼ -0.1 percentage points vs 05-2025 07-2025: 3.1%▲ +0.1 percentage points vs 06-2025 08-2025: 3.5%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 1.2%▼ -2.3 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 0.1%▼ -1.0 percentage point vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.42 (2.1 in 2024), above the usual 1.5. Short-term debt is 10.5% and cash 54% of total assets. 11% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 96% on liquidity, 92% on profitability and 93% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.42, cash €104,735
NBB · annual accounts
lowers risk · Equity €172,561 (89.0% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filings
Deviation from the deadline
2025
30 days early
2024
4 days late
2023
48 days late
2022
88 days late
2021
75 days late
2020
55 days late
2019
203 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 18 September (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €15,785 to €95,783 ▲ 507% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,221 · 34,933 companies €95,783 View

Recent changes

  1. · Gazette deed Resignation: Silvano Milito (director)Appointment: Nancy Lavarini (director)
  2. · Gazette deed Change of role: MILITO Silvano, from manager to director
  3. · Gazette deed Registered office moved from Genk to Houthalen
All 20 events

Comparable companies

These companies have the same main activity as LIMCO ART: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €188,000 and €217,000, founded between 2013 and 2017.

CompanyTotal assetsGross margin
LIMCO ART Houthalen-Helchteren€193,907€197,496
David Sommerijns Tervuren€200,090€189,773
LEMIEZ CHAUFFAGE Honnelles€216,680€187,942
M.C.S. ENERGY Chaumont-Gistoux€188,931€171,626
MAEYENS Christophe Fosses-la-Ville€213,052€158,831
HEM CHAUFFAGE Clavier€187,905€189,683
HOME 112 Le Roeulx€212,026€188,949
Full comparison

Key facts about LIMCO ART

What is the company number of LIMCO ART?
The company number of LIMCO ART is 0597.986.588. The VAT number is the same number with BE in front: BE 0597.986.588.
Where is LIMCO ART based?
The registered office is at Rafnusstraat 17, 3530 Houthalen-Helchteren.Company details
What does LIMCO ART do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of LIMCO ART?
The legal form of LIMCO ART is Private limited company (BV).
When was LIMCO ART founded?
LIMCO ART was founded on 13-02-2015.
Is LIMCO ART still active?
Yes, LIMCO ART is an active enterprise in the KBO register.
How many employees does LIMCO ART have?
LIMCO ART had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LIMCO ART fall under?
In its 2025 annual accounts, LIMCO ART states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of LIMCO ART?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €197,496 and 87 comparable companies (NACE 432). It probably lies between €490,000 and €740,000.
Is LIMCO ART profitable?
In financial year 2025, LIMCO ART made a profit of €95,783.
Where can I find the annual accounts of LIMCO ART?
LIMCO ART filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIMCO ART due?
LIMCO ART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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