LIMEBOOTH
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 19-12-2025 PDF all 14 filings
Turnover
≈ €170,000
Estimated: probably between €150,000 and €210,000
Total assets
€232,630▼ 1.0%
2024 · €234,950
Net result
€11,202▼ 69.1%
2024 · €36,297
Working capital
€65,868▼ 23.8%
2024 · €86,393
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€18,463
▼ 64.7%
2025
20192025
Net result
€11,202
▼ 69.1%
2025
middle half of the sector
20192025
Equity
€102,346
▼ 17.5%
2025
middle half of the sector
20192025
Total assets
€232,630
▼ 1.0%
2025
middle half of the sector
20192025
Debt
€130,284
▲ 17.5%
2025
20192025
Working capital
€65,868
▼ 23.8%
2025
middle half of the sector
20192025
Solvency
44.0%
▼ 8.8pp
2025
middle half of the sector
20192025
Current ratio
1.67
▼ 0.69
2025
middle half of the sector
20192025
Return on assets (ROA)
4.8%
▼ 10.6pp
2025
middle half of the sector
20192025
Staff (FTE)
1.3
▲ 30.0%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€7,862-€48,273▲ 514%€11,353▼ 76.5%€12,871▲ 13.4%€50,052▲ 289%€52,282▲ 4.5%€18,463▼ 64.7%
Net result€4,507-€32,913within the sector's middle half▲ 630%€6,794within the sector's middle half▼ 79.4%€6,721within the sector's middle half▼ 1.1%€33,272within the sector's middle half▲ 395%€36,297within the sector's middle half▲ 9.1%€11,202within the sector's middle half▼ 69.1%
Equity€36,079-€68,991within the sector's middle half▲ 91.2%€75,786within the sector's middle half▲ 9.8%€77,253within the sector's middle half▲ 1.9%€92,895within the sector's middle half▲ 20.2%€124,057within the sector's middle half▲ 33.5%€102,346within the sector's middle half▼ 17.5%
Total assets€83,707-€147,292within the sector's middle half▲ 76.0%€202,215within the sector's middle half▲ 37.3%€185,212within the sector's middle half▼ 8.4%€202,665within the sector's middle half▲ 9.4%€234,950within the sector's middle half▲ 15.9%€232,630within the sector's middle half▼ 1.0%
Debt€47,629-€78,301▲ 64.4%€126,430▲ 61.5%€107,959▼ 14.6%€109,771▲ 1.7%€110,894▲ 1.0%€130,284▲ 17.5%
Working capital€39,609-€69,899within the sector's middle half▲ 76.5%€71,115within the sector's middle half▲ 1.7%€74,225within the sector's middle half▲ 4.4%€89,880within the sector's middle half▲ 21.1%€86,393within the sector's middle half▼ 3.9%€65,868within the sector's middle half▼ 23.8%
Solvency43.1%-46.8%within the sector's middle half▲ 3.7pp37.5%within the sector's middle half▼ 9.4pp41.7%within the sector's middle half▲ 4.2pp45.8%within the sector's middle half▲ 4.1pp52.8%within the sector's middle half▲ 7.0pp44.0%within the sector's middle half▼ 8.8pp
Current ratio1.94-1.99within the sector's middle half▲ 0.042.18within the sector's middle half▲ 0.192.46within the sector's middle half▲ 0.282.50within the sector's middle half▲ 0.042.36within the sector's middle half▼ 0.131.67within the sector's middle half▼ 0.69
Return on assets (ROA)5.4%-22.3%within the sector's middle half▲ 17.0pp3.4%below the sector's middle half▼ 19.0pp3.6%within the sector's middle half▲ 0.3pp16.4%within the sector's middle half▲ 12.8pp15.4%within the sector's middle half▼ 1.0pp4.8%within the sector's middle half▼ 10.6pp
Staff (FTE)1.5-1.9within the sector's middle half▲ 26.7%2.1▲ 10.5%2.2▲ 4.8%1.3▼ 40.9%1▼ 23.1%1.3▲ 30.0%
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). 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 65% lower than in 2024.
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 €232,630
Fixed assets
€68,937 ▼ 19.1%
Current assets
€163,693 ▲ 9.3%
Equity and liabilities €232,630
Equity
€102,346 ▼ 17.5%
Debt
€130,284 ▲ 17.5%
Debt's share of the balance-sheet total rises from 47.2% to 56.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€39,358▼
2024 · €72,034
Cash flow
€32,097▼
2024 · €56,049
Debt to equity
1.27▲
2024 · 0.89
ROE
10.9%▼
2024 · 29.3%
Interest coverage
27.78▼
2024 · 46.32
Debt ≤ 1 year
€97,825▲
2024 · €63,305
Debt > 1 year
€32,459▼
2024 · €47,589
Income taxes
€5,845▼
2024 · €14,430
Staff costs
€69,769▲
2024 · €57,875
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 1 | 2 |
| full-time | 1 | 1 | 1 | 1 |
| part-time | 1 | - | - | 1 |
| in full-time equivalents | 1.8 | 1 | 1 | 1.8 |
| Average over the year, in full-time equivalents | 2.2 | 1.3 | 1 | 1.3 |
| On a permanent contract | 2 | 1 | 1 | 1 |
| Joined | - | 0 | - | 1 |
| Left | - | 1 | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,567 | €5,520 | €52,314 | €4,580 |
| Depreciation and write-downs of the year | €12,251 | €12,985 | €19,752 | €20,895 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5,969 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €71,210 | €62,783 | €57,875 | €69,769 | ▲ 20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,039 | €1,597 | €9,051 | €12,251 | €12,985 | €19,752 | €20,895 | ▲ 5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €449 | - | - |
| Other operating charges640/8 | - | - | - | €1,969 | €1,384 | €1,929 | €1,602 | ▼ 16.9% |
| Gross operating margin9900 | €49,851 | €110,929 | €85,705 | €98,301 | €127,206 | €132,287 | €110,729 | ▼ 16.3% |
| Operating profit (loss)9901 | €7,862 | €48,273 | €11,353 | €12,871 | €50,052 | €52,282 | €18,463 | ▼ 64.7% |
| Financial income75/76B | - | - | - | €15 | €40 | - | €2 | - |
| Recurring financial income75 | - | - | - | €15 | €40 | - | €2 | - |
| Financial charges65/66B | - | - | - | €1,987 | €1,625 | €1,555 | €1,417 | ▼ 8.9% |
| Recurring financial charges65 | €331 | €810 | €3,547 | €1,987 | €1,625 | €1,555 | €1,417 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €7,531 | €47,463 | €7,806 | €10,898 | €48,467 | €50,727 | €17,048 | ▼ 66.4% |
| Income taxes67/77 | €3,024 | €14,550 | €1,012 | €4,177 | €15,196 | €14,430 | €5,845 | ▼ 59.5% |
| Profit (loss) for the period9904 | €4,507 | €32,913 | €6,794 | €6,721 | €33,272 | €36,297 | €11,202 | ▼ 69.1% |
| Profit (loss) for the period to be appropriated9905 | €4,507 | €32,913 | €6,794 | €6,721 | €33,272 | €36,297 | €11,202 | ▼ 69.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €83,707 | €147,292 | €202,215 | €185,212 | €202,665 | €234,950 | €232,630 | ▼ 1.0% |
| Fixed assets21/28 | €2,101 | €6,491 | €70,840 | €60,156 | €52,691 | €85,252 | €68,937 | ▼ 19.1% |
| Tangible fixed assets22/27 | €2,101 | €6,491 | €70,840 | €60,156 | €52,691 | €85,252 | €68,937 | ▼ 19.1% |
| Plant, machinery and equipment23 | - | - | - | €289 | €119 | €62 | €4 | ▼ 93.6% |
| Furniture and vehicles24 | - | - | - | €6,439 | €6,673 | €45,804 | €37,843 | ▼ 17.4% |
| Other tangible fixed assets26 | - | - | - | €53,427 | €45,898 | €39,387 | €31,090 | ▼ 21.1% |
| Current assets29/58 | €81,606 | €140,801 | €131,375 | €125,056 | €149,975 | €149,698 | €163,693 | ▲ 9.3% |
| Amounts receivable within one year40/41 | €42,752 | €71,929 | €40,787 | €27,264 | €62,637 | €34,791 | €49,099 | ▲ 41.1% |
| Trade receivables40 | - | - | - | €27,138 | €62,020 | €32,967 | €47,275 | ▲ 43.4% |
| Other amounts receivable41 | - | - | - | €126 | €617 | €1,824 | €1,824 | = |
| Current investments50/53 | - | - | - | €2,900 | €2,900 | €2,900 | €2,900 | = |
| Cash at bank and in hand54/58 | €38,855 | €68,872 | €90,588 | €94,892 | €84,438 | €112,007 | €111,694 | ▼ 0.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €83,707 | €147,292 | €202,215 | €185,212 | €202,665 | €234,950 | €232,630 | ▼ 1.0% |
| Equity10/15 | €36,079 | €68,991 | €75,786 | €77,253 | €92,895 | €124,057 | €102,346 | ▼ 17.5% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €29,879 | €62,791 | €69,586 | €71,053 | €86,695 | €117,857 | €96,146 | ▼ 18.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €69,193 | €84,835 | €117,857 | €96,146 | ▼ 18.4% |
| Amounts payable17/49 | €47,629 | €78,301 | €126,430 | €107,959 | €109,771 | €110,894 | €130,284 | ▲ 17.5% |
| Amounts payable after more than one year17 | - | - | €58,666 | €50,231 | €41,670 | €47,589 | €32,459 | ▼ 31.8% |
| Financial debts170/4 | - | - | - | €50,231 | €41,670 | €47,589 | €32,459 | ▼ 31.8% |
| Amounts payable within one year42/48 | €41,998 | €70,902 | €60,260 | €50,831 | €60,094 | €63,305 | €97,825 | ▲ 54.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,435 | €8,561 | €14,726 | €15,130 | ▲ 2.7% |
| Trade debts44 | €12,871 | €9,769 | €11,723 | €9,181 | €5,401 | €13,934 | €11,500 | ▼ 17.5% |
| Suppliers440/4 | - | - | - | €9,181 | €5,401 | €13,934 | €11,500 | ▼ 17.5% |
| Taxes, remuneration and social security45 | - | - | - | €23,506 | €31,370 | €23,481 | €39,774 | ▲ 69.4% |
| Taxes450/3 | - | - | - | €18,692 | €26,355 | €17,141 | €22,957 | ▲ 33.9% |
| Remuneration and social security454/9 | - | - | - | €4,814 | €5,015 | €6,340 | €16,818 | ▲ 165% |
| Other amounts payable47/48 | - | - | - | €9,709 | €14,763 | €11,163 | €31,421 | ▲ 181% |
| Accrued charges and deferred income492/3 | - | - | - | €6,897 | €8,007 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,507 | €32,913 | €6,794 | €6,721 | €33,272 | €36,297 | €11,202 | ▼ 69.1% |
| + Depreciation and write-downs630 | €1,039 | €1,597 | €9,051 | €12,251 | €12,985 | €19,752 | €20,895 | ▲ 5.8% |
| Operating cash flow (approximation) | €5,545 | €34,510 | €15,846 | €18,972 | €46,257 | €56,049 | €32,097 | ▼ 42.7% |
| Investment in fixed assets (approximation) | - | -€5,987 | -€73,401 | -€1,567 | -€5,520 | -€52,314 | -€4,580 | ▲ 91.2% |
| Change in cash | - | €30,017 | €21,716 | €4,304 | -€10,455 | €27,569 | -€313 | - |
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, 10,904 companies had the same profile as LIMEBOOTH has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of LIMEBOOTH 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 10,904 companies, not a prediction for LIMEBOOTH. 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 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 19-12-2025 | 2025-00586214 | |
| 30-06-2024 | micro format | 30-08-2024 | 2024-00417026 | |
| 30-06-2023 | micro format | 24-01-2024 | 2024-00005705 | |
| 30-06-2022 | micro format | 26-01-2023 | 2023-00004864 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000196 | |
| 30-06-2020 | micro format | 09-12-2020 | 2020-75100156 | |
| 30-06-2019 | micro format | 28-01-2020 | 2020-02600270 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-03600415 | |
| 30-06-2017 | abbreviated format | 05-01-2018 | 2018-00200569 | |
| 30-06-2016 | abbreviated format | 20-12-2016 | 2016-70500150 |