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LIME PROJECTS

Active Private limited companyfounded 2010active for 16 yearsGroene Wandeling 3, 2970 SchildeKBO/BCE: BE 0826.826.119

Lifetime

15 annual accounts with figures on one time axis
peak €261,704 (2022)
€30,783▼ 60.7%
lowest -€145,058 (2015)
-€40,905▲ €10,380
peak €152,798 (2013)
-€181,698▼ €40,905
€2.2m▲ 1.9%
peak 2.1 FTE (2015)
-not published
Board1 name since 2010
1 director
Documentsfilings and deeds
16-10-202577 days late
2024micro format
Gross margin from €78,230 to €30,783Loss of €40,905Equity from -€140,793 to -€181,698Cash from €4,669 to €106

Key points

from the 2024 annual accounts

Equity

-€181,698
201920202021202220232024

Debts exceed assets in financial year 2024.

Losses

-€92,189 in two years
-51,2842023-40,9052024

The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.

Turnover

≈ €84,000 estimated

The micro format states no turnover.

Debts

€2.2m 109% of the balance sheet
Financial debts 58%Suppliers 9%Taxes and wages 1%Other 32%

Of this, €991,620 falls due within a year.

Filings

15 annual accounts 105 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€181,698

Less equity than 95% of companies in real estate. Sector median €87,660 · 19,226 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,215 companies had the same profile as LIME PROJECTS has now. Each dot stands for 4 companies, two years later.

95.6%
were still trading
2.7%
stopped another way
1.1%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,215 companies, not a prediction for LIME PROJECTS. 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.

Credit verdict

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Signals

Board and ownership

Director, since 22-06-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0826826119
Registered office moved from Schilde to Schilde - 's Gravenwezel New registered office: Groene Wandeling 3, 2970 Schilde - 's Gravenwezel · Previous registered office: Hertendreef 3, 2970 Schilde · Resignation: (director, formerly manager) · General meeting of 23-05-2025 · Gazette deed
Registered office moved within Schilde New registered office: Hertendreef 3, 2970 Schilde · Previous registered office: Vennebosstraat 6, 2970 Schilde · General meeting of 28-03-2019 · Gazette deed
Environmental permit refused Aanleggen van recreatieve terreinen, Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 1 more · Schilde
All 30 events

Comparable companies

same main activity, similar in size and age
Company
LIME PROJECTS Schilde €2.0m €30,783 -9.2% -
PROJECTVISIE Wijnegem €1.8m €39,770 9.9% -
IMMO GIJS Dessel €1.6m €30,050 68.5% -
REWIRTUS Geraardsbergen €2.0m €32,519 2.3% 0
VEROPEC Ypres €2.2m €28,900 17.3% -
W.G. VASTGOED Beveren €1.8m €52,205 13.1% 0
ABK Belgium bvba Schilde €1.2m €20,074 93.1% -

These companies have the same main activity as LIME PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.2m and €2.2m, founded between 2007 and 2011.

Official details

Source: KBO
Status
Active since 18-06-2010Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.194.816.0302970 Schilde, since 18-06-2010
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2024

€2.0m=
Filing
Filed on 16-10-2025
Financials

Insights on LIME PROJECTS

LIME PROJECTS files the micro format. That format states no turnover. The gross margin rose from €7,041 in 2010 to €30,783 in 2024.

The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LIME PROJECTS

What is the company number of LIME PROJECTS?
The company number of LIME PROJECTS is 0826.826.119. The VAT number is the same number with BE in front: BE 0826.826.119.
Where is LIME PROJECTS based?
The registered office is at Groene Wandeling 3, 2970 Schilde.Company details
What does LIME PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of LIME PROJECTS?
LIME PROJECTS is a private limited company (BV).
When was LIME PROJECTS founded?
LIME PROJECTS was founded on 18-06-2010.
Is LIME PROJECTS still active?
Yes, LIME PROJECTS is an active enterprise in the KBO register.
What is the turnover of LIME PROJECTS?
The turnover in financial year 2024 is ≈ €84,000. This figure is estimated from the gross margin of €30,783 and 32 comparable companies (NACE 681). It probably lies between €46,000 and €170,000.Financials
Is LIME PROJECTS profitable?
In financial year 2024, LIME PROJECTS made a loss of €40,905.
Where can I find the annual accounts of LIME PROJECTS?
LIME PROJECTS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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