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Lime Network

Active
Public limited companyfounded 2018active for 8 yearsLouizalaan 65, 1050 Brussel, BelgiumKBO/BCE: BE 0712.698.491
Summary

Lime Network has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801,118 and a net result of -€17,405. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 21% of 543 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 30-10-2018 Normal situation
Registered office
466 active companies are registered at this address 30 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Renting and leasing of sports and recreation goods NACE 77210and 4 others
Joint committees
112 Paritair Comité voor het garagebedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.281.223.927 1050 Elsene, since 31-10-2018
2.388.093.577 1930 Zaventem, since 01-11-2018
Financial year end
31 December
Peppol
Reachable since 01-04-2026

Board and ownership

Board
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Shareholders
  • Lime Network B.V.annual accounts 2025
  • Neutron Holdings Incannual accounts 2025

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€2.7m
▲ 15.4%
Turnover
≈ €4.6m
estimated
Loss
€17,405
Equity
€801,118
▼ 2.1%
Total assets
€5.5m
▼ 56.8%
Employees on 31-12-2025
10
▲ 11.1%
Score breakdownraises riskEquity €801,118 (14.7% of total assets)lowers riskSize: 9.4 FTE, total assets €5.5mLiquidity: current ratio 1.14, cash €1.1m, halvedFigures for financial year 2025 (filed on 23-07-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Average
Solvency 40+9
equity 14.7% of total assets
Liquidity 33-1
short-term debt 76.5% · cash 19.4%
Profitability 68+11
return on assets -0.3%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 12-2024: 3.4%highest value 01-2025: 3.4%● unchanged vs 12-2024highest value 02-2025: 1.2%▼ -2.2 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%▲ +0.3 percentage points vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▼ -1.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.6%▼ -0.2 percentage points vs 03-2026lowest value 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -0.1 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (0.7 in 2024), below the usual 1.5. Short-term debt is 76.5% and cash 19.4% of total assets. 85.3% 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 77, micro). It does better than 32% of them on solvency, 30% on liquidity, 47% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Equity €801,118 (14.7% of total assets)
NBB · annual accounts
lowers risk · Size: 9.4 FTE, total assets €5.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.14, cash €1.1m, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 23-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 543 sector peers (2025).
NBB · sector comparison
Position among 543 sector peers
Solvency
better than 21%
← weakest strongest →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
8 days early
2024
15 days early
2023
on the day
2022
11 days early
2021
1 day late
2020
286 days late
2019
144 days late
← 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 57 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% 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 23 July (5 of the last 5 accounts filed within 30 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

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 23-07-2026 at the NBB all 8 filings

Turnover
€394,670
EBIT margin
11.1%
Net result
-€17,405
2024 · €81,348
Working capital
€567,020
2024 · -€3.4m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 12% lower than in 2024. It is the second fall in a row.

Operating result€0.2m 2025 Net result-€0.02m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Rental and leasing activities (NACE 77). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.4m-
Operating result€0.04m-€0.2m▲ 298%€0.3m▲ 74.4%€0.08m▼ 72.3%€0.1m▲ 26.0%€0.2m▲ 84.5%€0.2m=€0.2m▼ 11.7%
Net result€0.03m-€0.1m▲ 267%€0.05mwithin the sector's middle half▼ 53.5%€0.1mwithin the sector's middle half▲ 191%€0.2mabove the sector's middle half▲ 38.9%€0.1mwithin the sector's middle half▼ 32.8%€0.08mwithin the sector's middle half▼ 40.7%-€0.02mbelow the sector's middle half
EBIT margin11.1%-
Equity€0.09m-€0.2m▲ 119%€0.2mwithin the sector's middle half▲ 25.3%€0.4mwithin the sector's middle half▲ 58.8%€0.6mwithin the sector's middle half▲ 51.4%€0.7mwithin the sector's middle half▲ 22.8%€0.8mwithin the sector's middle half▲ 11.0%€0.8mwithin the sector's middle half▼ 2.1%
Total assets€0.5m-€6.8m▲ 12×€1.7mwithin the sector's middle half▼ 74.5%€5.1mabove the sector's middle half▲ 193%€9.9mabove the sector's middle half▲ 94.8%€10.2mabove the sector's middle half▲ 3.6%€12.6mabove the sector's middle half▲ 23.4%€5.5mwithin the sector's middle half▼ 56.8%
Debt€0.5m-€6.6m▲ 14×€1.5m▼ 77.5%€4.7m▲ 216%€9.3m▲ 98.5%€9.5m▲ 2.4%€11.8m▲ 24.3%€4.7m▼ 60.6%
Working capital€0.06m--€0.08m-€0.07mwithin the sector's middle half▲ 21.5%-€1.0mbelow the sector's middle half▼ 1,495%-€3.5mbelow the sector's middle half▼ 232%-€2.1mbelow the sector's middle half▲ 39.6%-€3.4mbelow the sector's middle half▼ 64.6%€0.6mwithin the sector's middle half
Solvency16.6%-2.9%▼ 13.6pp14.4%below the sector's middle half▲ 11.5pp7.8%below the sector's middle half▼ 6.6pp6.1%below the sector's middle half▼ 1.7pp7.2%below the sector's middle half▲ 1.1pp6.5%below the sector's middle half▼ 0.7pp14.7%below the sector's middle half▲ 8.2pp
Current ratio1.14-0.99▼ 0.150.96within the sector's middle half▼ 0.030.78within the sector's middle half▼ 0.180.62below the sector's middle half▼ 0.160.78within the sector's middle half▲ 0.160.70within the sector's middle half▼ 0.081.14within the sector's middle half▲ 0.44
Return on assets (ROA)5.4%-1.6%▼ 3.8pp2.9%within the sector's middle half▲ 1.3pp2.9%within the sector's middle half=2.1%within the sector's middle half▼ 0.8pp1.3%within the sector's middle half▼ 0.7pp0.6%within the sector's middle half▼ 0.7pp-0.3%within the sector's middle half▼ 1.0pp
Staff (FTE)1.23.1within the sector's middle half▲ 158%3within the sector's middle half▼ 3.2%7.7within the sector's middle half▲ 157%8.1above the sector's middle half▲ 5.2%8above the sector's middle half▼ 1.2%9.4within the sector's middle half▲ 17.5%
above within below The sector band is the middle half of the companies in Rental and leasing activities (NACE 77). 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.5m
Fixed assets €714,189 ▼ 84.6%
Current assets €4.7m ▼ 40.7%
Equity and liabilities €5.5m
Equity €801,118 ▼ 2.1%
Debt €4.7m ▼ 60.6%
Debt's share of the balance-sheet total falls from 93.5% to 85.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.6m▲
2024 · €1.6m
Cash flow
€1.4m▼
2024 · €1.5m
Quick ratio
1.12▲
2024 · 0.70
Debt to equity
5.81▼
2024 · 14.44
ROE
-2.2%▼
2024 · 9.9%
Interest coverage
11.41▲
2024 · 4.47
Debt ≤ 1 year
€4.2m▼
2024 · €11.4m
Income taxes
€46,096▼
2024 · €77,039
Staff costs
€1.0m▲
2024 · €732,678
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date589910
full-time589910
part-time00000
in full-time equivalents589910
Average over the year, in full-time equivalents37.78.189.4
On a permanent contract587910
Joined43321
Left20220

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€2.8m€5.0m€859,595€3.6m€2.6m
Financial fixed assets€2,000---€5,543
Depreciation and write-downs of the year€955,780€1.6m€1.7m€1.4m€1.5m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€12.6m€5.5m▼
Fixed assets21/28€4.6m€0.7m▼
Tangible fixed assets22/27€4.6m€0.7m▼
Plant, machinery and equipment23€4.6m€0.7m▼
Financial fixed assets28€0.03m€0.03m▲
Current assets29/58€8.0m€4.7m▼
Stocks and contracts in progress3-€0.07m
Stocks30/36-€0.07m
Amounts receivable within one year40/41€4.5m€3.6m▼
Other amounts receivable41€4.5m€3.6m▼
Cash at bank and in hand54/58€3.4m€1.1m▼
Deferred charges and accrued income490/1€0.005m€0.03m▲
Equity and liabilities
Total equity and liabilities10/49€12.6m€5.5m▼
Equity10/15€0.8m€0.8m▼
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.006m€0.006m=
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Profit (loss) carried forward14€0.8m€0.7m▼
Amounts payable17/49€11.8m€4.7m▼
Amounts payable within one year42/48€11.4m€4.2m▼
Trade debts44€0.01m€0.006m▼
Suppliers440/4€0.01m€0.006m▼
Taxes, remuneration and social security45€0.3m€0.3m▲
Taxes450/3€0.2m€0.2m▼
Remuneration and social security454/9€0.1m€0.2m▲
Other amounts payable47/48€11.1m€3.8m▼
Accrued charges and deferred income492/3€0.4m€0.5m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.7m€1.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.5m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.004m
Other operating charges640/8€0.008m€0.02m▲
Gross operating margin9900€2.3m€2.7m▲
Operating profit (loss)9901€0.2m€0.2m▼
Financial income75/76B€0.3m€1▼
Recurring financial income75€0.3m€1▼
Financial charges65/66B€0.4m€0.1m▼
Recurring financial charges65€0.4m€0.1m▼
Profit (loss) for the period before taxes9903€0.2m€0.03m▼
Income taxes67/77€0.08m€0.05m▼
Profit (loss) for the period9904€0.08m-€0.02m▼
Profit (loss) for the period to be appropriated9905€0.08m-€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m€0.7m▼
Profit (loss) brought forward from the previous period14P€0.7m€0.8m▲
Social balance sheet
Average headcount (FTE)90878.09.4▲

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.

Line20182019202020212022202320242025Change
Turnover70€0.4m--------
Remuneration, social security and pensions62--€0.2m€0.2m€0.5m€0.6m€0.7m€1.0m▲ 39.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€2.3m€0.3m€1.0m€1.6m€1.7m€1.4m€1.5m▲ 5.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€0.004m-
Other operating charges640/8--€0.004m€0.01m€0.005m€0.009m€0.008m€0.02m▲ 126%
Gross operating margin9900-€2.6m€0.8m€1.3m€2.2m€2.5m€2.3m€2.7m▲ 15.4%
Operating profit (loss)9901€0.04m€0.2m€0.3m€0.08m€0.1m€0.2m€0.2m€0.2m▼ 11.7%
Financial income75/76B--€0€0.1m€0.2m€0.09m€0.3m€1▼ 100.0%
Recurring financial income75-€0.01m€0€0.1m€0.2m€0.09m€0.3m€1▼ 100.0%
Financial charges65/66B--€0.2m€0.002m€0.003m€0.02m€0.4m€0.1m▼ 59.4%
Recurring financial charges65€0.001m€0.001m€0.2m€0.002m€0.003m€0.02m€0.4m€0.1m▼ 59.4%
Profit (loss) for the period before taxes9903€0.04m€0.2m€0.06m€0.2m€0.3m€0.3m€0.2m€0.03m▼ 81.9%
Income taxes67/77€0.01m€0.08m€0.005m€0.06m€0.1m€0.1m€0.08m€0.05m▼ 40.2%
Profit (loss) for the period9904€0.03m€0.1m€0.05m€0.1m€0.2m€0.1m€0.08m-€0.02m-
Profit (loss) for the period to be appropriated9905€0.03m€0.1m€0.05m€0.1m€0.2m€0.1m€0.08m-€0.02m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.5m€6.8m€1.7m€5.1m€9.9m€10.2m€12.6m€5.5m▼ 56.8%
Fixed assets21/28€0.05m€0.3m€0.3m€1.4m€4.2m€2.9m€4.6m€0.7m▼ 84.6%
Tangible fixed assets22/27€0.03m€0.3m€0.3m€1.4m€4.2m€2.9m€4.6m€0.7m▼ 85.2%
Plant, machinery and equipment23--€0.3m€1.4m€4.2m€2.9m€4.6m€0.7m▼ 85.2%
Financial fixed assets28€0.02m€0.02m€0.02m€0.03m€0.03m€0.03m€0.03m€0.03m▲ 21.8%
Current assets29/58€0.5m€6.5m€1.4m€3.6m€5.7m€7.3m€8.0m€4.7m▼ 40.7%
Stocks and contracts in progress3-------€0.07m-
Stocks30/36-------€0.07m-
Amounts receivable within one year40/41€0.4m€6.1m€1.3m€3.6m€3.8m€5.8m€4.5m€3.6m▼ 21.1%
Trade receivables40--€1.1m€1.3m€0.01m€0---
Other amounts receivable41--€0.2m€2.3m€3.8m€5.8m€4.5m€3.6m▼ 21.1%
Cash at bank and in hand54/58€0.06m€0.4m€0.1m€0.05m€1.9m€1.5m€3.4m€1.1m▼ 69.2%
Deferred charges and accrued income490/1--€0.01m€0.005m€0.005m€0.005m€0.005m€0.03m▲ 533%
Equity and liabilities
Total equity and liabilities10/49€0.5m€6.8m€1.7m€5.1m€9.9m€10.2m€12.6m€5.5m▼ 56.8%
Equity10/15€0.09m€0.2m€0.2m€0.4m€0.6m€0.7m€0.8m€0.8m▼ 2.1%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10--€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100--€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.001m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Non-distributable reserves130/1--€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130--€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Profit (loss) carried forward14€0.03m€0.1m€0.2m€0.3m€0.5m€0.7m€0.8m€0.7m▼ 2.3%
Amounts payable17/49€0.5m€6.6m€1.5m€4.7m€9.3m€9.5m€11.8m€4.7m▼ 60.6%
Amounts payable within one year42/48€0.4m€6.6m€1.5m€4.7m€9.2m€9.4m€11.4m€4.2m▼ 63.5%
Trade debts44€0.3m€1.0m€0.9m€0.9m€0.003m€0.008m€0.01m€0.006m▼ 58.6%
Suppliers440/4--€0.9m€0.9m€0.003m€0.008m€0.01m€0.006m▼ 58.6%
Taxes, remuneration and social security45--€0.1m€0.1m€0.2m€0.3m€0.3m€0.3m▲ 14.9%
Taxes450/3--€0.1m€0.09m€0.1m€0.2m€0.2m€0.2m▼ 9.3%
Remuneration and social security454/9--€0.02m€0.03m€0.03m€0.04m€0.1m€0.2m▲ 57.9%
Other amounts payable47/48--€0.5m€3.7m€9.0m€9.1m€11.1m€3.8m▼ 65.5%
Accrued charges and deferred income492/3----€0.1m€0.1m€0.4m€0.5m▲ 24.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.03m€0.1m€0.05m€0.1m€0.2m€0.1m€0.08m-€0.02m-
+ Depreciation and write-downs630€0.001m€2.3m€0.3m€1.0m€1.6m€1.7m€1.4m€1.5m▲ 5.5%
Operating cash flow (approximation)€0.03m€2.4m€0.3m€1.1m€1.8m€1.8m€1.5m€1.4m▼ 1.5%
Investment in fixed assets (approximation)--€2.6m-€0.3m-€2.1m-€4.4m-€0.5m-€3.1m€2.5m-
Change in cash-€0.3m-€0.3m-€0.07m€1.8m-€0.4m€2.0m-€2.4m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,548 companies had the same profile as Lime Network has now. Two years later, 4.3% had gone bankrupt and 91.3% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91.3% was still going

Another 0.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Lime Network itself is lower: 0.6% within 12 months. It rests on far more data about Lime Network than the profile alone.

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.

The companies in ten equal groups, from the lowest to the 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% 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 1,548 companies, not a prediction for Lime Network. 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.

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 full format 23-07-2026 2026-00329840 PDF
31-12-2024 abbreviated format 16-07-2025 2025-00286155 PDF
31-12-2023 abbreviated format 31-07-2024 2024-00319360 PDF
31-12-2022 abbreviated format 20-07-2023 2023-00255415 PDF
31-12-2021 abbreviated format 01-08-2022 2022-20284465 PDF
31-12-2020 abbreviated format 13-05-2022 2022-20026316 PDF
31-12-2019 abbreviated format 22-12-2020 2020-76700498 PDF
31-12-2018 full format 23-12-2019 2019-76900492 PDF

Board & ownership

Directors

Directors
1 director, last change in 2023

Board 1

Bastien Cransac
Director · since 30-09-2022 · listed in the 2025 annual accounts, filed on 23-07-2026
Current

Statutory auditor 1

KPMG Bedrijfsrevisoren BV/SRL
Statutory auditor · since 08-11-2024 · permanent representative: Christophe Vanderstocken · listed in the 2025 annual accounts, filed on 23-07-2026
Current

Owners and capital

Shareholders

2 owners

Chain of control

  1. Neutron Holdings IncUS consolidates
  2. Lime Network B.V.NL 100%
  3. Lime Network

Owners 2

Capital transactions

Capital over time
  1. 09-11-2023 Capital stated in the deed · €61,500 · 61,500 shares

Mandate history

5 people, 2 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Bastien Cransac
  • Director, from 30-09-2022 to date
KPMG Bedrijfsrevisoren BV/SRL
  • Statutory auditor, appointed in the act of 23-12-2024, still in office
DEKEYSER Romain
  • Director, appointed in the act of 04-11-2022, until 09-11-2023
Andrea Ellis
  • Director, until 30-09-2022
Wayne Ting
  • Director, until 30-09-2022
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Raad kan onder leden voorzitter benoemen, bestuurder wiens mandaat einde heeft genomen,blijft in functie tot vervanging indien aantal daalt…”

Articles of association, deed of 09-11-2023 (in Dutch)

Network & group

Companies at the same address

465 other companies

Connections & network

1 current director
Depth

The network starts from the directors of Lime Network. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
23-07
NBB filing Annual accounts 2025 filedNBB
full format · 8 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€17,405
The net result drops to -€17,405, the lowest from 2018 to 2025.
16-07
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 15 days before the deadline
25-03
Gazette deed Permanent representatives: Christophe Vanderstocken and Mike Boonen
3 points ▸
  • Board meeting, 06-03-2025
  • Permanent representative, Christophe Vanderstocken (vaste vertegenwoordiger commissaris)
  • Permanent representative, Mike Boonen (vaste vertegenwoordiger commissaris)

Open the act in the Belgian Official Gazette

2024
23-12
Gazette deed Reappointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Permanent representative: Christophe Vanderstocken3 points ▸
  • General meeting, 08-11-2024
  • Auditor reappointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
  • Permanent representative, Christophe Vanderstocken

Open the act in the Belgian Official Gazette

31-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · on the deadline day
22-03
Gazette deed Permanent representatives: Tanguy Legein and Christophe Vanderstocker
Shareholding5 points ▸
  • Board meeting, 13-02-2024
  • Permanent representative, Tanguy Legein (vaste vertegenwoordiger van de commissaris)
  • Permanent representative, Christophe Vanderstocker (vaste vertegenwoordiger van de commissaris)
  • Other provision, “commissaris, commissaris van de Vennootschap” (deed in Dutch)
  • (...) holds all the shares

Open the act in the Belgian Official Gazette

2023
09-11
Gazette deed Resignation: DEKEYSER Romain (director)
Amendment of the articles · Capital · Power of attorney11 points ▸
  • General meeting, 30-10-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital, €61,500
  • Other provision, “ALGEMENE VERGADERINGEN, TITEL IV” (deed in Dutch)
  • Other provision, “BOEKJAAR JAARREKENINGEN DIVIDENDEN WINSTVERDELING, TITEL V” (deed in Dutch)
  • Other provision, “ONTBINDING EN VEREFFENING, TITEL VI” (deed in Dutch)
  • Director resignation, DEKEYSER Romain (director)
  • Board composition, CRANSEC Bastien (sole director)
  • Power of attorney
  • Other provision, “uitreiking vóór registratie, artikel 173,1°bis Wetboek van registratierechten” (deed in Dutch)
  • Power of attorney, Peter VAN MELKEBEKE

Open the act in the Belgian Official Gazette

20-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 11 days before the deadline
17-01
Gazette deed Registered office moved within Brussel
2 points ▸
  • Board meeting, “statuten van de Vennootschap, raad van bestuur” (deed in Dutch)
  • Registered-office move, Louisalaan 65,bus 11,1050 Brussel

Open the act in the Belgian Official Gazette

2022
31-12
Financial Highest result from 2018 to 2025net €203,835 ▲38.9%
The net result of €203,835 is the highest of those years.
31-12
Financial Equity above €500,000equity €600,098 ▲51.4%
With a profit in every financial year since 2018, equity grows to €600,098.
Show earlier events
04-11
Gazette deed Resignations: Wayne Ting (director) and Andrea Ellis (director)
Appointments: Romain Dekeyser (director) and Bastien Cransac (director) · Director discharge7 points ▸
  • General meeting, 21-09-2022
  • Director resignation, Wayne Ting (director)
  • Director resignation, Andrea Ellis (director)
  • Director discharge, Wayne Ting (director)
  • Director discharge, Andrea Ellis (director)
  • Director appointment, Romain Dekeyser (director)
  • Director appointment, Bastien Cransac (director)

Open the act in the Belgian Official Gazette

01-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 1 day late
13-05
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 286 days late
18-02
Gazette deed Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
Permanent representative: Tanguy Legein3 points ▸
  • General meeting, 08-12-2021
  • Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
  • Permanent representative, Tanguy Legein

Open the act in the Belgian Official Gazette

2020
31-12
Financial Equity above €200,000equity €249,553 ▲25.3%
With a profit in every financial year since 2018, equity grows to €249,553.
22-12
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 144 days late
2019
31-12
Financial Equity above €150,000equity €199,202 ▲119%
With a profit in every financial year since 2018, equity grows to €199,202.
23-12
NBB filing Annual accounts 2018 filedPDF
full format · 145 days late
2018
05-11
Gazette deed IncorporationPDF
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

Lime Network was incorporated on 30 October 2018.1 The registered office was moved to Brussel in 2023.2 Total assets rose from €548,492 in 2018 to €5.5m in 2025 and headcount from 1.2 full-time equivalents in 2019 to 9.4 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-01-2023
  3. 3National Bank, annual accounts 2018, 2019 and 2025

Company details

Register details

Identity

KBO record
Name Lime Network in Dutch
Enterprise number 0712.698.491
Legal form Public limited company
Status Active, normale toestand
Founded 30-10-2018
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-11-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Lime Network
deed of 09-11-2023 (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.
“Brussels Gewest, mag,bij beslissing van het bestuursorgaan,administratieve zetels en exploitatiezetels,bijkantoren en depots in België of…”
deed of 09-11-2023 (in Dutch)

Registered office and establishments

Registered office Louizalaan 65, 1050 Brussel, Belgium
1 former office
  • 1000 Brussel until the act of 17-01-2023
Establishment units Lime Network, Louizalaan 65, 1050 Elsene since 31-10-2018 · unit number 2.281.223.927
Lime Network, Weihoek 3, 1930 Zaventem since 01-11-2018 · unit number 2.388.093.577

Activities

NACEBEL 2025
VAT activities
77210 Renting and leasing of sports and recreation goods main activity
46180 Agents specialised in the wholesale of other particular products
46495 Wholesale trade
46730 Wholesale trade
47632 Retail sale of bicycles
Social security (RSZ) activities
77210 Renting and leasing of sports and recreation goods main activity
Codes under NACEBEL 2008
VAT activities
77210 Renting and leasing of sports and recreation goods main activity
45401
46180 Wholesale trade
47785 Retail trade
Social security (RSZ) activities
77210 Renting and leasing of sports and recreation goods main activity
Joint committees 112 Paritair Comité voor het garagebedrijf
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025

Invoicing and payment

VAT number BE 0712.698.491
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0712698491
Registered 01-04-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 16:00
deed of 09-11-2023 (in Dutch)

Sites & property

Location
registered office establishment All 2 establishment units on the map
466 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
2.0 ha
Building footprint
8,584 m²
Building volume
113,017 m³
Tallest building: 35.6 m.
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
23057C0016/00B000 Flanders 1.8 ha 1 · 6,151 m² 11.3 m · 3
21807G0007/00R000 Brussels 1,683 m² 1 · 2,433 m² 35.6 m · 9