LIMCO ART
ActiveSummary
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
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
Financial position
- 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).
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 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 monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 11 filings
Turnover
≈ €610,000
Estimated: probably between €490,000 and €740,000
Total assets
€193,907▲ 55.6%
2024 · €124,624
Net result
€95,783▲ 507%
2024 · €15,785
Working capital
€150,500▲ 185%
2024 · €52,853
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€137,981
▲ 267%
2025
20182025
Net result
€95,783
▲ 507%
2025
highest quarter of the sector
20182025
Equity
€172,561
▲ 125%
2025
highest quarter of the sector
20182025
Total assets
€193,907
▲ 55.6%
2025
middle half of the sector
20182025
Debt
€21,347
▼ 55.4%
2025
20182025
Working capital
€150,500
▲ 185%
2025
highest quarter of the sector
20182025
Solvency
89.0%
▲ 27.4pp
2025
highest quarter of the sector
20182025
Current ratio
8.42
▲ 6.31
2025
highest quarter of the sector
20182025
Return on assets (ROA)
49.4%
▲ 36.7pp
2025
highest quarter of the sector
20182025
Staff (FTE)
1
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€53,891-€60,905▲ 13.0%€51,488▼ 15.5%€44,349▼ 13.9%€9,350▼ 78.9%-€52,846€37,550€137,981▲ 267%
Net result€49,075-€41,748▼ 14.9%€38,298above the sector's middle half▼ 8.3%€32,111above the sector's middle half▼ 16.2%€459below the sector's middle half▼ 98.6%-€66,232below the sector's middle half€15,785within the sector's middle half€95,783above the sector's middle half▲ 507%
Equity€22,609-€64,357▲ 185%€94,655within the sector's middle half▲ 47.1%€126,766above the sector's middle half▲ 33.9%€127,225within the sector's middle half▲ 0.4%€60,993within the sector's middle half▼ 52.1%€76,778within the sector's middle half▲ 25.9%€172,561above the sector's middle half▲ 125%
Total assets€42,405-€170,122▲ 301%€191,031within the sector's middle half▲ 12.3%€257,938within the sector's middle half▲ 35.0%€251,602within the sector's middle half▼ 2.5%€113,202within the sector's middle half▼ 55.0%€124,624within the sector's middle half▲ 10.1%€193,907within the sector's middle half▲ 55.6%
Debt€19,796-€105,765▲ 434%€96,376▼ 8.9%€131,172▲ 36.1%€124,377▼ 5.2%€52,209▼ 58.0%€47,846▼ 8.4%€21,347▼ 55.4%
Working capital€27,117-€46,781▲ 72.5%€38,884within the sector's middle half▼ 16.9%€78,906within the sector's middle half▲ 103%€34,822within the sector's middle half▼ 55.9%€25,722within the sector's middle half▼ 26.1%€52,853within the sector's middle half▲ 105%€150,500above the sector's middle half▲ 185%
Solvency53.3%-37.8%▼ 15.5pp49.5%within the sector's middle half▲ 11.7pp49.1%within the sector's middle half▼ 0.4pp50.6%within the sector's middle half▲ 1.4pp53.9%within the sector's middle half▲ 3.3pp61.6%within the sector's middle half▲ 7.7pp89.0%above the sector's middle half▲ 27.4pp
Current ratio2.77-1.46▼ 1.321.40within the sector's middle half▼ 0.061.60within the sector's middle half▲ 0.201.28within the sector's middle half▼ 0.321.49within the sector's middle half▲ 0.212.10within the sector's middle half▲ 0.618.42above the sector's middle half▲ 6.31
Return on assets (ROA)115.7%-24.5%▼ 91.2pp20.0%above the sector's middle half▼ 4.5pp12.4%within the sector's middle half▼ 7.6pp0.2%below the sector's middle half▼ 12.3pp-58.5%below the sector's middle half▼ 58.7pp12.7%within the sector's middle half▲ 71.2pp49.4%above the sector's middle half▲ 36.7pp
Staff (FTE)1.81.6within the sector's middle half▼ 11.1%4▲ 150%4.4▲ 10.0%1.7▼ 61.4%1
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is nearly 3.7 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193,907
Fixed assets
€23,116 ▼ 3.4%
Current assets
€170,791 ▲ 69.6%
Equity and liabilities €193,907
Equity
€172,561 ▲ 125%
Debt
€21,347 ▼ 55.4%
Debt's share of the balance-sheet total falls from 38.4% to 11.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145,639▲
2024 · €41,641
Cash flow
€103,441▲
2024 · €19,876
Debt to equity
0.12▼
2024 · 0.62
ROE
55.5%▲
2024 · 20.6%
Interest coverage
6.68▲
2024 · 1.90
Debt ≤ 1 year
€20,291▼
2024 · €47,846
Income taxes
€20,570
Staff costs
€47,401▲
2024 · €3,460
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 3 | - | 1 |
| full-time | 5 | 3 | - | 1 |
| in full-time equivalents | 5 | 3 | - | 1 |
| Average over the year, in full-time equivalents | 4 | 4.4 | 1.7 | 1 |
| On a permanent contract | 5 | 3 | - | 1 |
| Joined | 2 | - | 0 | 1 |
| Left | 0 | - | 3 | 0 |
| Training hours | - | - | - | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,600 | €25,846 | €21,727 | €26,393 | €18,401 |
| Financial fixed assets | - | €22,027 | - | - | - |
| Depreciation and write-downs of the year | €2,796 | €3,986 | €4,022 | €4,091 | €7,658 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €9,500 | €13,441 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €138,196 | €149,789 | €92,925 | €3,460 | €47,401 | ▲ 14× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,396 | €1,567 | €2,796 | €3,986 | €4,022 | €4,091 | €7,658 | ▲ 87.2% |
| Other operating charges640/8 | - | - | - | €3,710 | €4,465 | €18,804 | €11,130 | €4,457 | ▼ 60.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €291 | €582 | - | - |
| Gross operating margin9900 | €66,989 | €129,584 | €134,648 | €189,051 | €167,590 | €63,196 | €56,813 | €197,496 | ▲ 248% |
| Operating profit (loss)9901 | €53,891 | €60,905 | €51,488 | €44,349 | €9,350 | -€52,846 | €37,550 | €137,981 | ▲ 267% |
| Financial income75/76B | - | - | - | €2,680 | €2,952 | €21 | €138 | €173 | ▲ 25.5% |
| Recurring financial income75 | €182 | €214 | €19 | €3 | €2,952 | €21 | €138 | €173 | ▲ 25.5% |
| Non-recurring financial income76B | - | - | - | €2,677 | €2,952 | - | - | - | - |
| Financial charges65/66B | - | - | - | €4,599 | €9,434 | €12,637 | €21,903 | €21,801 | ▼ 0.5% |
| Recurring financial charges65 | €1,958 | €7,022 | €3,609 | €4,599 | €9,434 | €12,637 | €21,903 | €21,801 | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €52,115 | €54,097 | €47,898 | €42,430 | €2,868 | -€65,462 | €15,785 | €116,353 | ▲ 637% |
| Income taxes67/77 | €3,040 | €12,349 | €9,600 | €10,319 | €2,409 | €770 | - | €20,570 | - |
| Profit (loss) for the period9904 | €49,075 | €41,748 | €38,298 | €32,111 | €459 | -€66,232 | €15,785 | €95,783 | ▲ 507% |
| Profit (loss) for the period to be appropriated9905 | €49,075 | €41,748 | €38,298 | €32,111 | €459 | -€66,232 | €15,785 | €95,783 | ▲ 507% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €42,405 | €170,122 | €191,031 | €257,938 | €251,602 | €113,202 | €124,624 | €193,907 | ▲ 55.6% |
| Fixed assets21/28 | - | €21,329 | €55,771 | €48,516 | €92,403 | €35,271 | €23,925 | €23,116 | ▼ 3.4% |
| Tangible fixed assets22/27 | - | €2,792 | €3,256 | €8,060 | €29,920 | €12,168 | €12,373 | €23,116 | ▲ 86.8% |
| Plant, machinery and equipment23 | - | - | - | €4,656 | €12,095 | €8,343 | €9,568 | €13,997 | ▲ 46.3% |
| Furniture and vehicles24 | - | - | - | €3,404 | €17,825 | €3,825 | €2,806 | €9,119 | ▲ 225% |
| Financial fixed assets28 | - | €18,537 | €52,515 | €40,456 | €62,483 | €23,103 | €11,552 | - | - |
| Current assets29/58 | €42,405 | €148,793 | €135,260 | €209,422 | €159,199 | €77,931 | €100,699 | €170,791 | ▲ 69.6% |
| Amounts receivable within one year40/41 | €14,937 | €97,087 | €125,554 | €209,420 | €156,680 | €75,714 | €91,771 | €65,739 | ▼ 28.4% |
| Trade receivables40 | - | - | - | €177,024 | €114,109 | €49,088 | €71,694 | €33,747 | ▼ 52.9% |
| Other amounts receivable41 | - | - | - | €32,396 | €42,571 | €26,626 | €20,077 | €31,991 | ▲ 59.3% |
| Cash at bank and in hand54/58 | €10 | €50,889 | €7,296 | €2 | €1,151 | €1,375 | €8,374 | €104,735 | ▲ 13× |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,368 | €841 | €553 | €317 | ▼ 42.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €42,405 | €170,122 | €191,031 | €257,938 | €251,602 | €113,202 | €124,624 | €193,907 | ▲ 55.6% |
| Equity10/15 | €22,609 | €64,357 | €94,655 | €126,766 | €127,225 | €60,993 | €76,778 | €172,561 | ▲ 125% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,349 | €50,097 | €80,395 | €112,506 | €112,965 | €46,733 | €62,518 | €158,301 | ▲ 153% |
| Amounts payable17/49 | €19,796 | €105,765 | €96,376 | €131,172 | €124,377 | €52,209 | €47,846 | €21,347 | ▼ 55.4% |
| Amounts payable within one year42/48 | €15,287 | €102,012 | €96,376 | €130,516 | €124,377 | €52,209 | €47,846 | €20,291 | ▼ 57.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | - | €3,344 | - |
| Financial debts43 | - | - | - | €41,353 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €41,353 | - | - | - | - | - |
| Trade debts44 | €7,355 | €81,238 | €46,666 | €21,255 | €104,281 | €28,562 | €47,806 | €16,873 | ▼ 64.7% |
| Suppliers440/4 | - | - | - | €21,255 | €104,281 | €28,562 | €47,806 | €16,873 | ▼ 64.7% |
| Taxes, remuneration and social security45 | - | - | - | €48,525 | €13,828 | €23,647 | €40 | €73 | ▲ 84.4% |
| Taxes450/3 | - | - | - | €28,183 | €978 | €10,997 | €40 | €73 | ▲ 84.4% |
| Remuneration and social security454/9 | - | - | - | €20,342 | €12,850 | €12,650 | - | - | - |
| Other amounts payable47/48 | - | - | - | €19,383 | €6,268 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €656 | - | - | - | €1,056 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,075 | €41,748 | €38,298 | €32,111 | €459 | -€66,232 | €15,785 | €95,783 | ▲ 507% |
| + Depreciation and write-downs630 | - | €1,396 | €1,567 | €2,796 | €3,986 | €4,022 | €4,091 | €7,658 | ▲ 87.2% |
| Operating cash flow (approximation) | €49,075 | €43,144 | €39,865 | €34,907 | €4,445 | -€62,210 | €19,876 | €103,441 | ▲ 420% |
| Investment in fixed assets (approximation) | - | - | -€36,009 | €4,459 | -€47,873 | €53,110 | €7,255 | -€6,850 | - |
| Change in cash | - | €50,879 | -€43,593 | -€7,294 | €1,149 | €224 | €6,999 | €96,361 | ▲ 14× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as LIMCO ART has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of LIMCO ART itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for LIMCO ART. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00232028 | |
| 31-12-2024 | micro format | 04-08-2025 | 2025-00355434 | |
| 31-12-2023 | micro format | 17-09-2024 | 2024-00463986 | |
| 31-12-2022 | micro format | 27-10-2023 | 2023-00494063 | |
| 31-12-2021 | micro format | 14-10-2022 | 2022-20460323 | |
| 31-12-2020 | micro format | 24-09-2021 | 2021-68300023 | |
| 31-12-2019 | micro format | 10-01-2020 | 2020-00800550 | |
| 31-12-2018 | micro format | 11-03-2019 | 2019-06700147 | |
| 31-12-2017 | micro format | 11-03-2019 | 2019-06700146 | |
| 31-12-2016 | micro format | 13-06-2018 | 2018-18900413 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Nancy Lavarini
Current
Director (not named in the articles) · since 16-02-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 01-07-2026
Owners and capital
Capital transactions
Capital over time
- 08-10-2024 Converted to unavailable equity
- 08-10-2024 Converted to uncalled contributions
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Nancy Lavarini |
|
| Silvano Milito |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal, duur en bevoegdheid”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen van dit register betreffende hun effecten”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “Algemene vergadering bepaalt aanwending van jaarlijkse nettowinst op voorstel van bestuursorgaan, elk aandeel recht op gelijk aandeel in…”
Articles of association, deed of 08-10-2024 (in Dutch)
Network & group
LIMCO ART shares no director with another company.
Connections & network
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-07
micro format · 30 days before the deadline
2025
31-12
Financial
Highest result from 2018 to 2025net €95,783 ▲507%
The operating result of €137,981 and the net result of €95,783 are both a record.
31-12
Financial
Liquidity more than triplescurrent ratio 8.42
The current ratio rises from 2.10 to 8.42. Short-term debt falls from €47,846 to €20,291.
31-12
Financial
Equity above €150,000equity €172,561 ▲125%
After 2 profitable years in a row, equity reaches €172,561.
04-08
micro format · 4 days late
10-03
Gazette deed
Resignation: Silvano Milito (director)Appointment: Nancy Lavarini (director) · Director discharge5 points ▸
Gazette deed
Resignation: Silvano Milito (director)
Appointment: Nancy Lavarini (director) · Director discharge5 points ▸
- General meeting, 16-02-2025
- Director resignation, Silvano Milito (director (not named in the articles))
- Director discharge, Silvano Milito
- Director appointment, Nancy Lavarini (director (not named in the articles))
- Other provision, “blank front-page form caption for instrumenting notary or representative, Voorkant” (deed in Dutch)
2024
31-12
Financial
Back to profitnet €15,785
The net result is €15,785, after one loss-making year.
08-10
Gazette deed
Change of role: MILITO Silvano, from manager to directorAmendment of the articles · Legal-form conversion · Capital conversion12 points ▸
Gazette deed
Change of role: MILITO Silvano, from manager to director
Amendment of the articles · Legal-form conversion · Capital conversion12 points ▸
- General meeting, 05-08-2024
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “Besloten vennootschap met beperkte aansprakelijkheid” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “toekomstige bijstortingen van het in het verleden geplaatste kapitaal dat nog niet werd gestort, opheffing onbeschikbaarheid” (deed in Dutch)
- Capital
- Director resignation, MILITO Silvano (manager)
- Director appointment, MILITO Silvano (director (not named in the articles))
- Registered office clause, “3530 Houthalen-Helchteren, Rafnusstraat 17” (deed in Dutch)
- Power of attorney
- Power of attorney, Frank GODDEERIS
17-09
micro format · 48 days late
2023
31-12
Financial
Weakest financial yearnet -€66,232
The net result drops to -€66,232, the lowest from 2018 to 2025. It recovers the following year.
27-10
micro format · 88 days late
2022
14-10
micro format · 75 days late
Show earlier events
28-09
Gazette deed
Registered office moved from Genk to Houthalen2 points ▸
Gazette deed
Registered office moved from Genk to Houthalen
2 points ▸
- General meeting
- Registered-office move, Rafnusstraat 17,3530 Houthalen
2021
31-12
Financial
Equity above €100,000equity €126,766 ▲33.9%
With a profit in every financial year since 2018, equity grows to €126,766.
24-09
micro format · 55 days late
2020
10-01
micro format · 203 days before the deadline
2019
2018
13-06
micro format · 317 days late
2015
17-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
LIMCO ART in Dutch
Enterprise number
0597.986.588
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-02-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-10-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…”
deed of 08-10-2024 (in Dutch)Registered office and establishments
Registered office
Rafnusstraat 17, 3530 Houthalen-Helchteren, Belgium
1 former office
- Toekomstlaan 15, 3600 Genk until 01-07-2022 · act of 28-09-2022
Establishment unit
LIMCO ART, Rafnusstraat 17, 3530 Houthalen-Helchteren since 13-02-2015 · unit number 2.239.268.259
Activities
NACEBEL 2025VAT activities
43222
Installation of electric heating, air conditioning, cooling and ventilation main activity
43221
Plumbing work
43310
Plastering work
43350
Other building finishing work
43910
Bricklaying and masonry work
68110
Buying and selling of own real estate
Social security (RSZ) activities
43222
Installation of electric heating, air conditioning, cooling and ventilation main activity
Codes under NACEBEL 2008
43222
Specialised construction activities main activity
43221
Plumbing
43310
Plastering work
43390
Specialised construction activities
43994
Specialised construction activities
68100
Real estate activities
Joint committee
124 Paritair Comité voor het bouwbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 08-10-2024 (in Dutch)
“Algemene plafoneringswerken in de ruimste zin van het woord, met inbegrip van alle stafwerken, voegwerken, cementeringswerken…”
39 activities
- Algemene plafoneringswerken in de ruimste zin van het woord, met inbegrip van alle stafwerken, voegwerken, cementeringswerken, pleisterwerken, bezettingswerken, het plaatsen van hechte scheidingswanden van gips, gyproc, prefab of andere materialen, het plaatsen van lijsten, chapes en gipswerken
- Buitengevel bepleistering
- Isolatiewerken van buitengevels en kaleien
- Kleine herstellingswerken
- De aankoop en verkoop en handel van alle bouw- en afbraakmaterialen, de aankoop, verkoop, import en export van alle artikelen, materialen, producten en grondstoffen die met de bedrijvigheid van de vennootschap verband houden
- Reiniging van gevels
- Het uitvoeren van alle bouwwerken, van algemene aannemingen In de meest ruime zin
- De studie en het opmaken van plannen, ramingen, bestekken en offerten
- Het verrichten van werken in onroerende staat, Iedere handeling die als voorwerp heeft, zowel de levering als de aanhechting aan een gebouw Inzake: verwarming, elektriciteit, schrijnwerkerij, sanitair en dergelijke, en al hetgeen ter bereiking van het voorwerp nodig of nuttig is, als het vermelde, zowel voor eigen rekening als voor rekening van derden (makelaar); deze omschrijving te nemen In de meest ruime zin
- De aan- en verkoop van rollende matenalen motorisch aangedreven en niet motorisch aangedreven
- Tussenpersoon In de handel en dienstverlening in het algemeen
- Het beheren van een patrimonium, hoofdzakelijk bestaande Uit onroerende goederen
- Het voor eigen rekening direct of indirect beleggen van haar middelen in onroerende goederen en rechten
- Het verkrijgen, bezitten, vervreemden, huren, verhuren, pachten, verpachten, droogleggen, ontwikkelen, verbeteren, bebouwen, verhypothekeren of in het algemeen bezwaren van onroerende goederen en het aanleggen van wegen, dijken en soortgelijke werken op onroerende goederen
- Het beheren van beleggingen en van participaties in dochtervennootschappen, filialen, het waarnemen van bestuursfuncties. het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert
- Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Zij mag eveneens optreden als makelaar en commissionair in al deze verhandelingen
- Installatie van verwarming, zowel individueel als centraal, gevoed met eender welke energiebron, klimaatregelingen en ventilatie. alsmede de herstelling en onderhoud van verwarmingsinstallaties het plaatsen met aansluiting op een bestaand aansluitingspunt van een verwarmingsinstallatie met gastoestellen, alsmede de handel in onderdelen hiervan
- Het uitvoeren voor rekening van derden elk loodgieterswerk, herstelling, verandering, onderhoud of plaatsing van sanitaire installaties
- Onder sanitaire installaties dient verstaan elk werk met betrekking op leidingen, toestellen of recipiënten bestemd voor de aanvoer, de behandeling en de distributie van water voor sanitaire en/of huishoudelijk gebruik of bestemd voor de afvoer van afvalwater
- Installatie van elektrische bedrading en toebehoren
- Installatie van elektrische verwarmingsinstallaties
- De reparatie van elektrische huishoudtoestellen
- Het aanleggen of herstellen van allerlei verwarmingsinstallaties voor gebouwen waarvan de enige energiebron de elektriciteit is alsmede de technische uitrusting voor airconditionings-, ventilatie-, en industriële koelinstallaties, alsmede de verkoop van onderdelen en toebehoren
- Daartoe kan de vennootschap samenwerken met, deelnemen in, op gelijk welke wijze, rechtstreeks of zijdelings, belangen nemen in ondernemingen van allerlei aard, alle verbintenissen aangaan, kredieten en leningen toestaan, kortom, zij mag alles doen wat verband houdt met bovengenoemd voorwerp of kan bijdragen tot de realisatie ervan
- Het voorwerp van de vennootschap kan enkel gewijzigd worden bij besluit van een buitengewone algemene vergadering
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken, als algemene, aannemer of in onderaanneming, het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels, de studie en de uitvoering van binnen- en buitendecoraties, en meer bepaald alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud, de renovatie, het herstel, de verfraaiing, de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en algemeen genomen, alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand, zowel technisch als administratief en commercieel, aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen, het bouwen van openbare en particuliere gebouwen, de aankoop, de verkoop, de verhuur, de verdeling en de verkaveling van alle mogelijke onroerende goederen
- Al de werkzaamheden met betrekking tot de verdeling van water, gas, elektriciteit, de vaststelling en exploitatie van alle mogelijke transportmiddelen, havens, kanalen, wegen
- De aankoop, de verkoop, de huur, de invoer en uitvoer van alle mogelijke materialen, goederen, toestellen en materieel, noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van kunstwerken en gebouwen
- De voorbereiding, de opstelling en het afsluiten, zowel als mandataris als voor eigen rekening, van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
- Afwerking van gebouwen in de ruimste zin
- Vloeren
- Tuinaanleg
- Deze opsomming is niet beperkend
- De vennootschap mag alle beheers-, commerciële, productieve, financiële, industriële, burgerlijke, roerende en onroerende verrichtingen doen, die zich rechtstreeks of onrechtstreeks aansluiten of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken te bevorderen of te beveiligen, dit zowel In België als in het buitenland. Zij mag alle zaken verrichten die rechtsreeks of onrechtstreeks in verband staan met haar voorwerp
- De vennootschap mag, zowel in België als In het buitenland, op welke wijze ook betrokken zijn in zaken, ondernemingen of vennootschappen die hetzelfde, een soortgelijk of een samenhangend voorwerp hebben, of die de ontwikkeling van haar onderneming kunnen bevorderen. Zij mag eveneens zich borg stellen voor zulke ondernemingen, voor zover dit In haar voordeel is Zij kan eveneens bestuurder of vereffenaar van andere vennootschappen zijn
- De vennootschap mag alle bewerkingen en verrichtingen doen van commerciële, industriële, financiële, burgerlijke, roerende of onroerende aard, die kunnen bijdragen tot de verwezenlijking, de uitbreiding of de bevordering van haar voorwerp
Invoicing and payment
VAT number
BE 0597.986.588
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0597.986.588
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 12:00
deed of 08-10-2024 (in Dutch)Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“Schriftelijke volmacht aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, meerderheid van stemmen…”
deed of 08-10-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
3,045 m²
Building footprint
313 m²
Building volume
1,916 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72015D0083/00F000 | Flanders | 3,044 m² | 1 · 313 m² | 13.9 m · 2 |