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LIME CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsRue Alfred Haulotte 3, 1342 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0797.717.013
Summary

LIME CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235,159 and a net result of €268,284. Its solvency ranks better than 24% of 4,855 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€4.5mtotal assets 2024
Equity
€235,159
Profit
€268,284
Financial health
65 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts 70 days overdue0 of 1 deed read
Why 65raises riskFigures for financial year 2024 (filed 28-08-2025)Liquidity: current ratio 4.60, cash €7,974, halvedlowers riskSector: Real estate activities (NACE 68)Size: total assets €4.5mShow the evidence

Checked score

Score 2024
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 53% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Weak
Solvency 30+8
equity 5.2% of total assets
Liquidity 43-14
short-term debt 21.4% · cash 0.2%
Profitability 52+23
return on assets 5.9%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,969 companies, NACE 68, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.2 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.6, compared with 12.79 in 2023; short-term debt: 21.4% and cash: 0.2% of total assets), but 94.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 23% on solvency, 38% on liquidity, 52% on profitability and 99% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 28-08-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.60, cash €7,974, halved
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €4.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4855 sector peers (2024).
NBB · sector comparison
Position among 4855 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
28 days late
2023
70 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 21 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Back to profitnet €268,284
  3. Equity above €200,000equity €235,159

Financials · financial year 2024, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€268,284
2023 · -€43,125
Working capital
€3.5m▲ 233%
2023 · €1.1m
Trend over the years

2023 to 2024, 2 financial years

The operating result returns to profit in 2024: €391,403 after a loss of €35,828 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.4m 2024 Net result€0.3m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result-€0.04m-€0.4m
Net result-€0.04mbelow the sector's middle half-€0.3mabove the sector's middle half
Equity-€0.03mbelow the sector's middle half-€0.2mwithin the sector's middle half
Total assets€1.2mabove the sector's middle half-€4.5mwithin the sector's middle half▲ 278%
Debt€1.2m-€4.3m▲ 249%
Working capital€1.1mabove the sector's middle half-€3.5mabove the sector's middle half▲ 233%
Solvency-2.8%below the sector's middle half-5.2%below the sector's middle half▲ 7.9pp
Current ratio12.79above the sector's middle half-4.60above the sector's middle half▼ 8.19
Return on assets (ROA)-3.6%below the sector's middle half-5.9%above the sector's middle half▲ 9.5pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.5m
Fixed assets €60,000 =
Current assets €4.5m ▲ 292%
Equity and liabilities €4.5m
Equity €235,159
Debt €4.3m
Debt finances 94.8% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Quick ratio
0.86▼
2023 · 2.90
Debt to equity
18.28
ROE
114.1%
Debt ≤ 1 year
€972,348▲
2023 · €89,180
Debt > 1 year
€3.3m▲
2023 · €1.1m
Income taxes
€75,079
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 513 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€4.5m▲
Fixed assets21/28€0.06m€0.06m=
Financial fixed assets28€0.06m€0.06m=
Current assets29/58€1.1m€4.5m▲
Stocks and contracts in progress3€0.9m€3.6m▲
Stocks30/36€0.9m€3.6m▲
Amounts receivable within one year40/41€0.2m€0.8m▲
Trade receivables40-€0.1m
Other amounts receivable41€0.2m€0.7m▲
Cash at bank and in hand54/58€0.07m€0.008m▼
Deferred charges and accrued income490/1€0.03m€73▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€4.5m▲
Equity10/15-€0.03m€0.2m▲
Contributions10/11€0.01m€0.01m=
Profit (loss) carried forward14-€0.04m€0.2m▲
Amounts payable17/49€1.2m€4.3m▲
Amounts payable after more than one year17€1.1m€3.3m▲
Financial debts170/4€1.1m€3.3m▲
Amounts payable within one year42/48€0.09m€1.0m▲
Financial debts43€0.01m€0.08m▲
Credit institutions430/8€0.01m€0.08m▲
Trade debts44€0.03m€0.7m▲
Suppliers440/4€0.03m€0.7m▲
Taxes, remuneration and social security45€0.02m€0.2m▲
Taxes450/3€0.02m€0.2m▲
Other amounts payable47/48€0.03m€0.03m=
Income statement Code20232024
Other operating charges640/8€0.002m€0.001m▼
Gross operating margin9900-€0.03m€0.4m▲
Operating profit (loss)9901-€0.04m€0.4m▲
Financial income75/76B-€0.004m
Recurring financial income75-€0.004m
Financial charges65/66B€0.007m€0.05m▲
Recurring financial charges65€0.007m€0.05m▲
Profit (loss) for the period before taxes9903-€0.04m€0.3m▲
Income taxes67/77-€0.08m
Profit (loss) for the period9904-€0.04m€0.3m▲
Profit (loss) for the period to be appropriated9905-€0.04m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.04m€0.2m▲
Profit (loss) brought forward from the previous period14P--€0.04m

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€2,249€946▼ 57.9%
Gross operating margin9900-€33,579€392,349▲ 1,268%
Operating profit (loss)9901-€35,828€391,403▲ 1,192%
Financial income75/76B-€4,365-
Recurring financial income75-€4,365-
Financial charges65/66B€7,297€52,405▲ 618%
Recurring financial charges65€7,297€52,405▲ 618%
Profit (loss) for the period before taxes9903-€43,125€343,363▲ 896%
Income taxes67/77-€75,079-
Profit (loss) for the period9904-€43,125€268,284▲ 722%
Profit (loss) for the period to be appropriated9905-€43,125€268,284▲ 722%
Line20232024Change
Assets
Total assets20/58€1.2m€4.5m▲ 278%
Fixed assets21/28€0.06m€0.06m=
Financial fixed assets28€0.06m€0.06m=
Current assets29/58€1.1m€4.5m▲ 292%
Stocks and contracts in progress3€0.9m€3.6m▲ 313%
Stocks30/36€0.9m€3.6m▲ 313%
Amounts receivable within one year40/41€0.2m€0.8m▲ 410%
Trade receivables40-€0.1m-
Other amounts receivable41€0.2m€0.7m▲ 341%
Cash at bank and in hand54/58€0.07m€0.008m▼ 87.8%
Deferred charges and accrued income490/1€0.03m€73▼ 99.8%
Equity and liabilities
Total equity and liabilities10/49€1.2m€4.5m▲ 278%
Equity10/15-€0.03m€0.2m▲ 810%
Contributions10/11€0.01m€0.01m=
Profit (loss) carried forward14-€0.04m€0.2m▲ 622%
Amounts payable17/49€1.2m€4.3m▲ 249%
Amounts payable after more than one year17€1.1m€3.3m▲ 191%
Financial debts170/4€1.1m€3.3m▲ 191%
Amounts payable within one year42/48€0.09m€1.0m▲ 990%
Financial debts43€0.01m€0.08m▲ 677%
Credit institutions430/8€0.01m€0.08m▲ 677%
Trade debts44€0.03m€0.7m▲ 2,357%
Suppliers440/4€0.03m€0.7m▲ 2,357%
Taxes, remuneration and social security45€0.02m€0.2m▲ 812%
Taxes450/3€0.02m€0.2m▲ 812%
Other amounts payable47/48€0.03m€0.03m=
Line20232024Change
Profit (loss) for the period9904-€43,125€268,284▲ 722%
Operating cash flow (approximation)-€43,125€268,284▲ 722%
Investment in fixed assets (approximation)-€0-
Change in cash--€57,531-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

History

On 27 January 2023, LIME CONSTRUCT was incorporated as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2024.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
financial year 2024 · full format · 28 days late
2024
31-12
Financial Back to profitnet €268,284
Net result €268,284 after one loss-making year.
31-12
Financial Equity above €200,000equity €235,159
Equity rises from -€33,125 to €235,159.
22-05
NBB filing Annual accounts filed
financial year 2023 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded27-01-2023
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797717013
Registered 14-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 9 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
990 m²
Building footprint
125 m²
Building volume
1,180 m³
Parcel 25056A0309/00B000, Wallonia · tallest building 11.3 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Rue Alfred Haulotte 3, 1342 Ottignies-Louvain-la-Neuve
General construction of residential buildings
since 2023unit no. 2.341.073.719
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
25056A0309/00B000 Wallonia 990 m² 1 · 125 m² 11.3 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.