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LIMEC TECHNICS

Active
Private limited companyfounded 200818 yrs activeJan Latoslaan 5, 3600 Genk, BelgiumKBO/BCE: BE 0898.099.145
Summary

LIMEC TECHNICS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €179,588. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▼-6
Solvency84▲+11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 2.5 against 1.91 in 2024; short-term debt: 31.1% and cash: 11.8% of total assets), and 41.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
58.6%
Return on assets
8.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
36 d early
2023
36 d early
2022
33 d early
2021
77 d early
2020
31 d early
2019
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LIMEC TECHNICS was incorporated on 23 May 2008.1 Total assets rose from EUR 1.5 million in 2019 to EUR 2.1 million in 2025 and headcount from 14.7 to 22.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.2m▲ 9.1%
2024 · €1.1m
Total assets
€2.1m▼ 9.9%
2024 · €2.4m
Net result
€179,588▼ 40.3%
2024 · €300,906
Working capital
€985,976▲ 14.3%
2024 · €862,687
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€277,622▲ 5.3%€277,538=€246,490▼ 11.2%€381,966▲ 55.0%€224,375▼ 41.3%
Net result€228,202▲ 11.5%€218,666▼ 4.2%€190,676▼ 12.8%€300,906▲ 57.8%€179,588▼ 40.3%
Equity€703,204▲ 33.6%€872,090▲ 24.0%€1.0m▲ 15.4%€1.1m▲ 13.1%€1.2m▲ 9.1%
Total assets€1.8m▲ 50.2%€2.0m▲ 7.7%€2.0m▲ 3.7%€2.4m▲ 14.9%€2.1m▼ 9.9%
Debt€1.1m▲ 62.8%€1.1m▼ 2.5%€1.0m▼ 5.6%€1.2m▲ 16.5%€876,187▼ 27.7%
Working capital€610,431▲ 24.9%€735,805▲ 20.5%€848,216▲ 15.3%€862,687▲ 1.7%€985,976▲ 14.3%
Staff (FTE)17▲ 10.4%17.4▲ 2.4%22.2
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000€400,000Operating result 2021: €277,622€277,622Net result 2021: €228,202€228,202Operating result 2022: €277,538€277,538Net result 2022: €218,666€218,666Operating result 2023: €246,490€246,490Net result 2023: €190,676€190,676Operating result 2024: €381,966€381,966Net result 2024: €300,906€300,906Operating result 2025: €224,375€224,375Net result 2025: €179,588€179,58820212022202320242025€0€100,000€200,000€300,000€400,000Operating result 2023: €246,490€246,000Net result 2023: €190,676€191,000Operating result 2024: €381,966€382,000Net result 2024: €300,906€301,000Operating result 2025: €224,375€224,000Net result 2025: €179,588€180,000202320242025
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets €474,137 ▼ 11.7%
Current assets €1.6m ▼ 9.4%
Equity and liabilities €2.1m
Equity €1.2m ▲ 9.1%
Debt €876,187 ▼ 27.7%
Debt's share of the balance-sheet total falls from 51.6% to 41.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€315,615▼
2024 · €468,589
Cash flow
€270,827▼
2024 · €387,528
Current ratio
2.50▲
2024 · 1.91
Quick ratio
2.21▲
2024 · 1.76
Debt to equity
0.71▼
2024 · 1.06
ROE
14.5%▼
2024 · 26.4%
ROA
8.5%▼
2024 · 12.8%
Interest coverage
25.06▼
2024 · 39.58
Debt ≤ 1 year
€658,273▼
2024 · €951,258
Debt > 1 year
€217,914▼
2024 · €260,798
Income taxes
€56,516▼
2024 · €83,684
Staff costs
€1.5m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€2.1m▼
Fixed assets21/28€536,723€474,137▼
Tangible fixed assets22/27€536,723€474,137▼
Land and buildings22€288,329€278,700▼
Plant, machinery and equipment23€18,499€10,802▼
Furniture and vehicles24€201,232€162,623▼
Leasing and similar rights25€28,663€22,013▼
Current assets29/58€1.8m€1.6m▼
Stocks and contracts in progress3€136,911€187,400▲
Stocks30/36€136,911€187,400▲
Amounts receivable within one year40/41€1.4m€1.2m▼
Trade receivables40€1.4m€1.1m▼
Other amounts receivable41-€72,789
Cash at bank and in hand54/58€228,348€250,900▲
Deferred charges and accrued income490/1€2,000€2,000=
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.1m▼
Equity10/15€1.1m€1.2m▲
Contributions10/11€21,000€21,000=
Reserves13€1.1m€1.2m▲
Tax-exempt reserves132€18,750€18,750=
Distributable reserves133€1.1m€1.2m▲
Amounts payable17/49€1.2m€876,187▼
Amounts payable after more than one year17€260,798€217,914▼
Financial debts170/4€260,798€217,914▼
Amounts payable within one year42/48€951,258€658,273▼
Current portion of amounts payable after more than one year42€51,200€39,774▼
Trade debts44€561,597€422,535▼
Suppliers440/4€561,597€422,535▼
Taxes, remuneration and social security45€169,641€119,965▼
Taxes450/3€68,245€11,511▼
Remuneration and social security454/9€101,396€108,454▲
Other amounts payable47/48€168,820€76,000▼
Income statement Code20242025
Remuneration, social security and pensions62€1.3m€1.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,622€91,239▲
Other operating charges640/8€5,793€7,582▲
Gross operating margin9900€1.7m€1.8m▲
Operating profit (loss)9901€381,966€224,375▼
Financial income75/76B€14,461€24,321▲
Recurring financial income75€14,461€24,321▲
Financial charges65/66B€11,838€12,594▲
Recurring financial charges65€11,838€12,594▲
Profit (loss) for the period before taxes9903€384,590€236,103▼
Income taxes67/77€83,684€56,516▼
Profit (loss) for the period9904€300,906€179,588▼
Profit (loss) for the period to be appropriated9905€300,906€179,588▼
Appropriation of the result
Profit (loss) to be appropriated9906€300,906€179,588▼
Transfer to equity691/2€132,086€103,588▼
To other reserves6921€132,086€103,588▼
Profit to be distributed694/7€168,820€76,000▼
Return on contributions (dividend)694€105,000€30,000▼
Directors or managers695€63,820€46,000▼
Social balance
Average headcount (FTE)9087-22.2

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€988,655€1.0m€1.3m€1.5m▲ 17.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89,989€96,643€74,918€86,622€91,239▲ 5.3%
Other operating charges640/8-€5,196€7,356€5,793€7,582▲ 30.9%
Gross operating margin9900€1.3m€1.4m€1.3m€1.7m€1.8m▲ 3.8%
Operating profit (loss)9901€277,622€277,538€246,490€381,966€224,375▼ 41.3%
Financial income75/76B-€15,843€8,444€14,461€24,321▲ 68.2%
Recurring financial income75€18,620€15,843€8,444€14,461€24,321▲ 68.2%
Financial charges65/66B-€12,788€12,804€11,838€12,594▲ 6.4%
Recurring financial charges65€10,949€12,788€12,804€11,838€12,594▲ 6.4%
Profit (loss) for the period before taxes9903€285,294€280,593€242,130€384,590€236,103▼ 38.6%
Income taxes67/77€57,092€61,927€51,454€83,684€56,516▼ 32.5%
Profit (loss) for the period9904€228,202€218,666€190,676€300,906€179,588▼ 40.3%
Profit (loss) for the period to be appropriated9905€228,202€218,666€190,676€300,906€179,588▼ 40.3%
Line20212022202320242025Change
Assets
Total assets20/58€1.8m€2.0m€2.0m€2.4m€2.1m▼ 9.9%
Fixed assets21/28€495,405€477,174€440,910€536,723€474,137▼ 11.7%
Intangible fixed assets21€19,614€13,076€6,538---
Tangible fixed assets22/27€475,791€464,098€434,372€536,723€474,137▼ 11.7%
Land and buildings22-€307,609€295,029€288,329€278,700▼ 3.3%
Plant, machinery and equipment23-€28,171€26,322€18,499€10,802▼ 41.6%
Furniture and vehicles24-€128,318€113,021€201,232€162,623▼ 19.2%
Leasing and similar rights25---€28,663€22,013▼ 23.2%
Current assets29/58€1.3m€1.5m€1.6m€1.8m€1.6m▼ 9.4%
Stocks and contracts in progress3€109,081€94,971€98,791€136,911€187,400▲ 36.9%
Stocks30/36-€94,971€98,791€136,911€187,400▲ 36.9%
Amounts receivable within one year40/41€1.1m€1.3m€1.3m€1.4m€1.2m▼ 16.8%
Trade receivables40-€1.3m€1.3m€1.4m€1.1m▼ 21.8%
Other amounts receivable41-€11,427€8,601-€72,789-
Cash at bank and in hand54/58€83,073€62,568€184,103€228,348€250,900▲ 9.9%
Deferred charges and accrued income490/1-€18,393€17,910€2,000€2,000=
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.0m€2.0m€2.4m€2.1m▼ 9.9%
Equity10/15€703,204€872,090€1.0m€1.1m€1.2m▲ 9.1%
Contributions10/11-€21,000€21,000€21,000€21,000=
Reserves13€682,204€851,090€985,526€1.1m€1.2m▲ 9.3%
Tax-exempt reserves132-€18,750€18,750€18,750€18,750=
Distributable reserves133-€832,340€966,776€1.1m€1.2m▲ 9.4%
Amounts payable17/49€1.1m€1.1m€1.0m€1.2m€876,187▼ 27.7%
Amounts payable after more than one year17€402,632€340,889€282,600€260,798€217,914▼ 16.4%
Financial debts170/4-€340,889€282,600€260,798€217,914▼ 16.4%
Amounts payable within one year42/48€727,445€760,784€757,345€951,258€658,273▼ 30.8%
Current portion of amounts payable after more than one year42-€61,743€58,289€51,200€39,774▼ 22.3%
Trade debts44€518,665€576,261€551,994€561,597€422,535▼ 24.8%
Suppliers440/4-€576,261€551,994€561,597€422,535▼ 24.8%
Taxes, remuneration and social security45-€73,000€90,822€169,641€119,965▼ 29.3%
Taxes450/3-€8,121€10,806€68,245€11,511▼ 83.1%
Remuneration and social security454/9-€64,880€80,016€101,396€108,454▲ 7.0%
Other amounts payable47/48-€49,780€56,240€168,820€76,000▼ 55.0%
Line20212022202320242025Change
Profit (loss) for the period9904€228,202€218,666€190,676€300,906€179,588▼ 40.3%
+ Depreciation and write-downs630€89,989€96,643€74,918€86,622€91,239▲ 5.3%
Operating cash flow (approximation)€318,191€315,309€265,594€387,528€270,827▼ 30.1%
Investment in fixed assets (approximation)--€78,413-€38,654-€182,436-€28,654▲ 84.3%
Change in cash--€20,505€121,535€44,246€22,552▼ 49.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Weakest financial yearnet €179,588 ▼40.3%
Net result drops to €179,588, the lowest in the series.
2024
26-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2019net €300,906 ▲57.8%
Operating result €381,966, net result €300,906, both a record.
2023
26-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Equity above €1mEq €1.0m ▲15.4%
5 profitable years in a row build equity to €1.0m.
2022
29-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
15-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Equity above €500,000Eq €526,243 ▲35.3%
2 profitable years in a row build equity to €526,243.
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
21-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Genk · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
5,813 m²
Building footprint
1,182 m²
Volume, LiDAR
9,524 m³
Parcel 71302A0032/00C036, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LIMEC TECHNICS
Jan Latoslaan 5, 3600 GenkRepair, maintenance and installation of machinery and equipment
since 20082.171.135.063
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0032/00C036 Flanders 5,813 m² 1 · 1,182 m² 9.5 m · 3 fl.
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 16,169 EUR awarded · 15,329 EUR paid
Year Entries awardedpaid
2025 2 3,220 EUR3,055 EUR
2024 2 5,880 EUR5,511 EUR
2023 2 5,031 EUR4,725 EUR
2022 1 2,038 EUR2,038 EUR
Schemes
4 entries · 11,295 EUR · 10,455 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 3,000 EUR · 3,000 EUR paid · Departement Werk en Sociale Economie
1 entry · 1,874 EUR · 1,874 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Recognised contractor

4 categories
LIMEC TECHNICS BV36267
category P1, class 5 · category P2, class 3 · category P3, class 3 · category S1, class 3
decision 12-01-2022

Dual-learning approval

4 live approvals · 4 ended
Elektrische installaties duaal (so)
Goedgekeurd · 2023 to 2028
Elektrotechnicus (vwo)
Goedgekeurd · 2023 to 2028
Elektrotechnicus duaal (so)
Goedgekeurd · 2023 to 2028
Elektrotechnisch installateur (vwo)
Goedgekeurd · 2023 to 2028
Show 4 ended approvals
Elektrische installaties duaal (so)
ended · 2018 to 2023
Elektrotechnisch installateur (vwo)
ended · 2018 to 2023
Installateur elektrotechnische basiscomponenten duaal (so)
ended · 2018 to 2023
Residentieel elektrotechnisch installateur (so)
ended · 2018 to 2023

Similar companies · same sector, comparable size

Of 1,226 companies in sector 33200 we hold annual accounts for 677. 330 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-05-2008
Fiscal year end30-06
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation

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