LIME PROJECTS
ActiveSummary
LIME PROJECTS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€181,698) and a net result of -€40,905. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 19375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability24=
Solvency16▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.17 in 2023; short-term debt: 50.2% and cash: 0% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-9.2%
Return on assets
-2.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€181,698
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-10-2025, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d late
2023
153 d late
2022
88 d late
2021
107 d late
2020
193 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€181,698▼ 29.1%
2023 · -€140,793
Total assets
€2.0m=
2023 · €2.0m
Net result
-€40,905▲ 20.2%
2023 · -€51,284
Working capital
-€797,007▼ 8.9%
2023 · -€732,072
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€78,584▼ 9.2%€53,693▼ 31.7%€190,682▲ 255%-€16,832-€14,370▲ 14.6%
Net result-€4,709within the sector's middle half-€31,745below the sector's middle half▼ 574%€50,219above the sector's middle half-€51,284below the sector's middle half-€40,905below the sector's middle half▲ 20.2%
Equity-€107,983below the sector's middle half▼ 4.6%-€139,728below the sector's middle half▼ 29.4%-€89,509below the sector's middle half▲ 35.9%-€140,793below the sector's middle half▼ 57.3%-€181,698below the sector's middle half▼ 29.1%
Total assets€4.7mabove the sector's middle half▲ 32.8%€4.7mabove the sector's middle half▼ 0.5%€2.3mabove the sector's middle half▼ 50.0%€2.0mabove the sector's middle half▼ 15.2%€2.0mabove the sector's middle half=
Debt€4.8m▲ 32.0%€4.8m▲ 0.2%€2.4m▼ 49.6%€2.1m▼ 12.5%€2.2m▲ 1.9%
Working capital€1.0mabove the sector's middle half€995,628above the sector's middle half▼ 2.2%-€767,592below the sector's middle half-€732,072below the sector's middle half▲ 4.6%-€797,007below the sector's middle half▼ 8.9%
Solvency-2.3%below the sector's middle half▲ 0.6pp-3.0%below the sector's middle half▼ 0.7pp-3.8%below the sector's middle half▼ 0.8pp-7.1%below the sector's middle half▼ 3.3pp-9.2%below the sector's middle half▼ 2.1pp
Current ratio1.63within the sector's middle half▲ 0.691.57within the sector's middle half▼ 0.060.37below the sector's middle half▼ 1.200.17below the sector's middle half▼ 0.200.20below the sector's middle half▲ 0.03
Return on assets (ROA)-0.1%within the sector's middle half▼ 1.1pp-0.7%within the sector's middle half▼ 0.6pp2.2%within the sector's middle half▲ 2.8pp-2.6%below the sector's middle half▼ 4.8pp-2.1%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,370 in 2024 against €16,832 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.8m ▼ 2.5%
Current assets
€194,613 ▲ 30.1%
Key figures and ratios
EBITDA
€26,186▼
2023 · €33,961
Cash flow
-€349▲
2023 · -€492
Debt to equity
-11.86▲
2023 · -15.01
Interest coverage
0.97▼
2023 · 0.99
Debt ≤ 1 year
€991,620▲
2023 · €881,641
Debt > 1 year
€1.2m▼
2023 · €1.2m
Income taxes
€50▼
2023 · €233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,217 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- negative equity
- a small loss
1.1%
went bankrupt
2.6%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,217 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,351 | €53,683 | €51,499 | €50,793 | €40,556 | ▼ 20.2% |
| Other operating charges640/8 | - | €10,228 | €19,523 | €44,270 | €4,597 | ▼ 89.6% |
| Gross operating margin9900 | €139,402 | €117,605 | €261,704 | €78,230 | €30,783 | ▼ 60.7% |
| Operating profit (loss)9901 | €78,584 | €53,693 | €190,682 | -€16,832 | -€14,370 | ▲ 14.6% |
| Financial income75/76B | - | €549 | €255 | €13 | €526 | ▲ 4,023% |
| Recurring financial income75 | €0 | €549 | €255 | €13 | €526 | ▲ 4,023% |
| Financial charges65/66B | - | €85,776 | €140,501 | €34,233 | €27,011 | ▼ 21.1% |
| Recurring financial charges65 | €67,358 | €85,776 | €140,501 | €34,233 | €27,011 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €11,227 | -€31,534 | €50,437 | -€51,052 | -€40,855 | ▲ 20.0% |
| Income taxes67/77 | €15,935 | €211 | €217 | €233 | €50 | ▼ 78.6% |
| Profit (loss) for the period9904 | -€4,709 | -€31,745 | €50,219 | -€51,284 | -€40,905 | ▲ 20.2% |
| Profit (loss) for the period to be appropriated9905 | -€4,709 | -€31,745 | €50,219 | -€51,284 | -€40,905 | ▲ 20.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.7m | €4.7m | €2.3m | €2.0m | €2.0m | = |
| Fixed assets21/28 | €2.0m | €1.9m | €1.9m | €1.8m | €1.8m | ▼ 2.5% |
| Intangible fixed assets21 | €1,363 | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.0m | €1.9m | €1.9m | €1.8m | €1.8m | ▼ 2.5% |
| Land and buildings22 | - | €1.9m | €1.9m | €1.8m | €1.8m | ▼ 2.1% |
| Plant, machinery and equipment23 | - | €9,339 | €5,487 | €1,913 | €145 | ▼ 92.4% |
| Furniture and vehicles24 | - | €13,534 | €8,595 | €4,192 | - | - |
| Financial fixed assets28 | €660 | €660 | €660 | €660 | €660 | = |
| Current assets29/58 | €2.6m | €2.7m | €451,605 | €149,569 | €194,613 | ▲ 30.1% |
| Stocks and contracts in progress3 | €2.6m | €2.6m | - | - | - | - |
| Stocks30/36 | - | €2.6m | - | - | - | - |
| Amounts receivable within one year40/41 | €250 | €98,849 | €47,668 | €142,200 | €192,240 | ▲ 35.2% |
| Trade receivables40 | - | €2,738 | €47,668 | €89,721 | €109,423 | ▲ 22.0% |
| Other amounts receivable41 | - | €96,111 | - | €52,479 | €82,817 | ▲ 57.8% |
| Cash at bank and in hand54/58 | €9,799 | €9,827 | €401,413 | €4,669 | €106 | ▼ 97.7% |
| Deferred charges and accrued income490/1 | - | €2,134 | €2,524 | €2,700 | €2,267 | ▼ 16.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.7m | €4.7m | €2.3m | €2.0m | €2.0m | = |
| Equity10/15 | -€107,983 | -€139,728 | -€89,509 | -€140,793 | -€181,698 | ▼ 29.1% |
| Contributions10/11 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | -€257,983 | -€289,728 | -€239,509 | -€290,793 | -€331,698 | ▼ 14.1% |
| Amounts payable17/49 | €4.8m | €4.8m | €2.4m | €2.1m | €2.2m | ▲ 1.9% |
| Amounts payable after more than one year17 | €3.2m | €3.1m | €1.2m | €1.2m | €1.2m | ▼ 5.6% |
| Financial debts170/4 | - | €3.1m | €1.2m | €1.2m | €1.2m | ▼ 5.6% |
| Amounts payable within one year42/48 | €1.6m | €1.7m | €1.2m | €881,641 | €991,620 | ▲ 12.5% |
| Current portion of amounts payable after more than one year42 | - | €100,244 | €79,207 | €21,992 | - | - |
| Financial debts43 | - | €25,035 | €28,379 | €29,614 | €79,469 | ▲ 168% |
| Credit institutions430/8 | - | €25,035 | €28,379 | €29,614 | €79,469 | ▲ 168% |
| Trade debts44 | €364,390 | €354,348 | €207,441 | €202,845 | €199,774 | ▼ 1.5% |
| Suppliers440/4 | - | €354,348 | €207,441 | €202,845 | €199,774 | ▼ 1.5% |
| Taxes, remuneration and social security45 | - | €1,126 | €7,084 | €233 | €13,429 | ▲ 5,674% |
| Taxes450/3 | - | €1,126 | €7,084 | €233 | €13,429 | ▲ 5,674% |
| Other amounts payable47/48 | - | €1.3m | €897,085 | €626,958 | €698,948 | ▲ 11.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,709 | -€31,745 | €50,219 | -€51,284 | -€40,905 | ▲ 20.2% |
| + Depreciation and write-downs630 | €49,351 | €53,683 | €51,499 | €50,793 | €40,556 | ▼ 20.2% |
| Operating cash flow (approximation) | €44,642 | €21,938 | €101,718 | -€492 | -€349 | ▲ 29.1% |
| Investment in fixed assets (approximation) | - | €67,665 | €109 | €0 | €4,192 | - |
| Change in cash | - | €27 | €391,586 | -€396,744 | -€4,562 | ▲ 98.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 77 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet -€51,284
Net result drops to -€51,284, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial
Back to profitnet €50,219
Net result €50,219 after 2 loss-making years.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 193 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 138 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2010
Ground area
2,572 m²
Building footprint
393 m²
Parcel 11041B0151/00C000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
LIME PROJECTS
since 20102.194.816.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0151/00C000 | Flanders | 2,572 m² | 1 · 393 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
74130Interior design
E-invoicing
Reachable via Peppol
Peppol ID
0208:0826826119
Also
9925:BE0826826119
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.