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Limecraft

Active
Public limited companyfounded 201016 yrs activeSint-Salvatorstraat 18B, 9000 Gent, BelgiumKBO/BCE: BE 0825.929.759
Summary

Limecraft has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €802,535 and a net result of €261,239. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 45% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▲+21
Solvency65▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 0.88 in 2024; short-term debt: 21.5% and cash: 13.7% of total assets), and 59.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
40.2%
Return on assets
13.1%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
29 d early
2023
6 d early
2022
3 d early
2021
16 d late
2020
10 d early
2019
29 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 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 25 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 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

On 17 May 2010, Limecraft was incorporated.1 Total assets went from EUR 855,233 in 2018 to EUR 2 million in 2025 and headcount from 3.5 to 8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€802,535▲ 48.3%
2024 · €541,296
Total assets
€2.0m▲ 12.5%
2024 · €1.8m
Net result
€261,239▲ 98.4%
2024 · €131,654
Working capital
€199,702
2024 · -€54,108
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result€14,248▼ 53.2%-€151,299€208,843€298,236▲ 42.8%€322,335▲ 8.1%
Net result€2,747within the sector's middle half▼ 86.0%-€161,044below the sector's middle half€197,577above the sector's middle half€131,654above the sector's middle half▼ 33.4%€261,239above the sector's middle half▲ 98.4%
Equity€384,345within the sector's middle half▲ 0.7%€223,301within the sector's middle half▼ 41.9%€409,642within the sector's middle half▲ 83.4%€541,296within the sector's middle half▲ 32.1%€802,535above the sector's middle half▲ 48.3%
Total assets€1.5mwithin the sector's middle half▼ 1.8%€1.3mwithin the sector's middle half▼ 9.0%€1.5mwithin the sector's middle half▲ 15.3%€1.8mabove the sector's middle half▲ 15.6%€2.0mabove the sector's middle half▲ 12.5%
Debt€1.1m▼ 2.6%€1.1m▲ 2.8%€1.1m▲ 1.5%€1.2m▲ 9.5%€1.2m▼ 3.3%
Working capital€415,768above the sector's middle half▼ 33.8%-€6,058below the sector's middle half-€377,161below the sector's middle half▼ 6,126%-€54,108below the sector's middle half▲ 85.7%€199,702within the sector's middle half
Solvency26.3%within the sector's middle half▲ 0.6pp16.8%below the sector's middle half▼ 9.5pp26.7%within the sector's middle half▲ 9.9pp30.5%within the sector's middle half▲ 3.8pp40.2%within the sector's middle half▲ 9.7pp
Current ratio2.22within the sector's middle half▼ 0.800.98below the sector's middle half▼ 1.240.45below the sector's middle half▼ 0.540.88below the sector's middle half▲ 0.431.47within the sector's middle half▲ 0.59
Return on assets (ROA)0.2%within the sector's middle half▼ 1.1pp-12.1%below the sector's middle half▼ 12.3pp12.9%within the sector's middle half▲ 25.0pp7.4%within the sector's middle half▼ 5.5pp13.1%within the sector's middle half▲ 5.7pp
Staff (FTE)6.8within the sector's middle half▲ 36.0%8.1within the sector's middle half▲ 19.1%8.6within the sector's middle half▲ 6.2%7.9within the sector's middle half▼ 8.1%8within the sector's middle half▲ 1.3%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: €14,248€14,248Net result 2021: €2,747€2,747Operating result 2022: -€151,299-€151,299Net result 2022: -€161,044-€161,044Operating result 2023: €208,843€208,843Net result 2023: €197,577€197,577Operating result 2024: €298,236€298,236Net result 2024: €131,654€131,654Operating result 2025: €322,335€322,335Net result 2025: €261,239€261,23920212022202320242025€0€100,000€200,000€300,000Operating result 2023: €208,843€209,000Net result 2023: €197,577€198,000Operating result 2024: €298,236€298,000Net result 2024: €131,654€132,000Operating result 2025: €322,335€322,000Net result 2025: €261,239€261,000202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €1.4m ▼ 0.8%
Current assets €628,248 ▲ 58.6%
Equity and liabilities €2.0m
Equity €802,535 ▲ 48.3%
Debt €1.2m ▼ 3.3%
Debt's share of the balance-sheet total falls from 69.5% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€823,505▲
2024 · €730,190
Cash flow
€762,409▲
2024 · €563,608
Debt to equity
1.48▼
2024 · 2.28
ROE
32.6%▲
2024 · 24.3%
Interest coverage
13.56▲
2024 · 4.31
Debt ≤ 1 year
€428,546▼
2024 · €450,165
Debt > 1 year
€504,679▼
2024 · €585,971
Income taxes
€884▼
2024 · €969
Staff costs
€671,800▲
2024 · €637,855
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 34,679 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€2.0m▲
Fixed assets21/28€1.4m€1.4m▼
Intangible fixed assets21€1.3m€1.4m▲
Tangible fixed assets22/27€10,275€7,755▼
Plant, machinery and equipment23€10,275€7,755▼
Financial fixed assets28€23,748€3,487▼
Current assets29/58€396,057€628,248▲
Amounts receivable within one year40/41€372,129€354,414▼
Trade receivables40€356,933€344,978▼
Other amounts receivable41€15,196€9,436▼
Cash at bank and in hand54/58€0€273,834▲
Deferred charges and accrued income490/1€23,928-
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.0m▲
Equity10/15€541,296€802,535▲
Contributions10/11€609,112€609,112=
Capital10€185,842€185,842=
Issued capital100€185,842€185,842=
Outside capital11€423,270€423,270=
Share premium1100/10€423,270€423,270=
Reserves13€18,741€18,584▼
Non-distributable reserves130/1€18,459€18,584▲
Legal reserve130€18,459€18,584▲
Tax-exempt reserves132€282-
Profit (loss) carried forward14-€86,557€174,839▲
Amounts payable17/49€1.2m€1.2m▼
Amounts payable after more than one year17€585,971€504,679▼
Financial debts170/4€357,971€265,773▼
Other amounts payable178/9€228,000€238,906▲
Amounts payable within one year42/48€450,165€428,546▼
Current portion of amounts payable after more than one year42€213,386€255,619▲
Financial debts43€3,481-
Credit institutions430/8€3,481-
Trade debts44€146,449€75,283▼
Suppliers440/4€146,449€75,283▼
Taxes, remuneration and social security45€75,942€84,265▲
Taxes450/3€4,665€6,531▲
Remuneration and social security454/9€71,278€77,734▲
Other amounts payable47/48€10,906€13,379▲
Accrued charges and deferred income492/3€195,722€258,185▲
Income statement Code20242025
Non-recurring operating income76A€82-
Remuneration, social security and pensions62€637,855€671,800▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€431,954€501,170▲
Other operating charges640/8€2,746€1,786▼
Non-recurring operating charges66A-€6,240
Gross operating margin9900€1.4m€1.5m▲
Operating profit (loss)9901€298,236€322,335▲
Financial income75/76B€3,795€507▼
Recurring financial income75€3,795€507▼
Financial charges65/66B€169,408€60,720▼
Recurring financial charges65€169,408€60,720▼
Profit (loss) for the period before taxes9903€132,623€262,123▲
Income taxes67/77€969€884▼
Profit (loss) for the period9904€131,654€261,239▲
Transfer from tax-exempt reserves789-€282
Profit (loss) for the period to be appropriated9905€131,654€261,521▲
Appropriation of the result
Profit (loss) to be appropriated9906-€79,974€174,965▲
Profit (loss) brought forward from the previous period14P-€211,628-€86,557▲
Transfer to equity691/2€6,583€125▼
To the legal reserve6920€6,583€125▼
Social balance
Average headcount (FTE)90877.98.0▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€11,236€82--
Remuneration, social security and pensions62€462,071€607,515€695,994€637,855€671,800▲ 5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€226,741€283,203€357,784€431,954€501,170▲ 16.0%
Other operating charges640/8€3,371€1,296€2,579€2,746€1,786▼ 35.0%
Non-recurring operating charges66A--€8,809-€6,240-
Gross operating margin9900€706,430€740,715€1.3m€1.4m€1.5m▲ 9.7%
Operating profit (loss)9901€14,248-€151,299€208,843€298,236€322,335▲ 8.1%
Financial income75/76B€1,453€5,282€737€3,795€507▼ 86.6%
Recurring financial income75€1,453€5,282€737€3,795€507▼ 86.6%
Financial charges65/66B€12,181€14,177€10,875€169,408€60,720▼ 64.2%
Recurring financial charges65€12,181€14,177€10,875€169,408€60,720▼ 64.2%
Profit (loss) for the period before taxes9903€3,520-€160,194€198,704€132,623€262,123▲ 97.6%
Income taxes67/77€773€850€1,127€969€884▼ 8.8%
Profit (loss) for the period9904€2,747-€161,044€197,577€131,654€261,239▲ 98.4%
Transfer from tax-exempt reserves789----€282-
Profit (loss) for the period to be appropriated9905€2,747-€161,044€197,577€131,654€261,521▲ 98.6%
Line20212022202320242025Change
Assets
Total assets20/58€1.5m€1.3m€1.5m€1.8m€2.0m▲ 12.5%
Fixed assets21/28€706,377€967,921€1.2m€1.4m€1.4m▼ 0.8%
Intangible fixed assets21€694,703€947,393€1.2m€1.3m€1.4m▲ 0.8%
Tangible fixed assets22/27€8,188€17,042€23,267€10,275€7,755▼ 24.5%
Plant, machinery and equipment23€4,300€15,733€23,267€10,275€7,755▼ 24.5%
Furniture and vehicles24€3,716€1,308----
Other tangible fixed assets26€172-----
Financial fixed assets28€3,487€3,487€3,487€23,748€3,487▼ 85.3%
Current assets29/58€756,004€363,550€304,461€396,057€628,248▲ 58.6%
Amounts receivable within one year40/41€330,453€288,782€233,047€372,129€354,414▼ 4.8%
Trade receivables40€198,329€261,801€207,873€356,933€344,978▼ 3.3%
Other amounts receivable41€132,124€26,981€25,174€15,196€9,436▼ 37.9%
Cash at bank and in hand54/58€422,792€71,877€69,072€0€273,834-
Deferred charges and accrued income490/1€2,759€2,891€2,342€23,928--
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.3m€1.5m€1.8m€2.0m▲ 12.5%
Equity10/15€384,345€223,301€409,642€541,296€802,535▲ 48.3%
Contributions10/11€609,112€609,112€609,112€609,112€609,112=
Capital10€185,842€185,842€185,842€185,842€185,842=
Issued capital100€185,842€185,842€185,842€185,842€185,842=
Outside capital11€423,270€423,270€423,270€423,270€423,270=
Share premium1100/10€423,270€423,270€423,270€423,270€423,270=
Reserves13€2,280€2,280€12,159€18,741€18,584▼ 0.8%
Non-distributable reserves130/1€1,997€1,997€11,876€18,459€18,584▲ 0.7%
Legal reserve130€1,997€1,997€11,876€18,459€18,584▲ 0.7%
Tax-exempt reserves132€282€282€282€282--
Profit (loss) carried forward14-€238,282-€399,327-€211,628-€86,557€174,839▲ 302%
Investment grants15€11,236€11,236----
Amounts payable17/49€1.1m€1.1m€1.1m€1.2m€1.2m▼ 3.3%
Amounts payable after more than one year17€678,130€615,858€300,000€585,971€504,679▼ 13.9%
Financial debts170/4€678,130€615,858€300,000€357,971€265,773▼ 25.8%
Other amounts payable178/9---€228,000€238,906▲ 4.8%
Amounts payable within one year42/48€340,236€369,607€681,622€450,165€428,546▼ 4.8%
Current portion of amounts payable after more than one year42€180,642€182,458€440,858€213,386€255,619▲ 19.8%
Financial debts43---€3,481--
Credit institutions430/8---€3,481--
Trade debts44€108,024€120,471€171,488€146,449€75,283▼ 48.6%
Suppliers440/4€108,024€120,471€171,488€146,449€75,283▼ 48.6%
Taxes, remuneration and social security45€51,570€66,678€69,276€75,942€84,265▲ 11.0%
Taxes450/3€1,632€1,026€1,870€4,665€6,531▲ 40.0%
Remuneration and social security454/9€49,938€65,652€67,406€71,278€77,734▲ 9.1%
Other amounts payable47/48---€10,906€13,379▲ 22.7%
Accrued charges and deferred income492/3€59,671€122,705€143,262€195,722€258,185▲ 31.9%
Line20212022202320242025Change
Profit (loss) for the period9904€2,747-€161,044€197,577€131,654€261,239▲ 98.4%
+ Depreciation and write-downs630€226,741€283,203€357,784€431,954€501,170▲ 16.0%
Operating cash flow (approximation)€229,487€122,159€555,361€563,608€762,409▲ 35.3%
Investment in fixed assets (approximation)--€544,747-€619,927-€578,987-€489,769▲ 15.4%
Change in cash--€350,915-€2,805-€69,072€273,834▲ 496%

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 30-04-2027
2026
26-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Highest result since 2018net €261,239 ▲98.4%
Operating result €322,335, net result €261,239, both a record.
01-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Equity above €500,000Eq €541,296 ▲32.1%
2 profitable years in a row build equity to €541,296.
24-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Back to profitnet €197,577
Net result €197,577 after one loss-making year.
27-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Weakest financial yearnet -€161,044
Net result drops to -€161,044, the lowest in the series; recovery starts the following year.
16-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
20-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Liquidity triplescurrent ratio 3.02
Current ratio from 0.91 to 3.02.
01-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial Back to profitnet €60,261
Net result €60,261 after one loss-making year.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 15 days late
2017
27-04
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 17 acts read
About the unread acts

We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
17 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, Gent · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
1,722 m²
Building footprint
1,705 m²
Volume, LiDAR
23,916 m³
Parcel 44021A2735/00S002, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Limecraft
Sint-Salvatorstraat 18B, 9000 GentComputer programming, consultancy and related activities
since 20102.188.059.583
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A2735/00S002 Flanders 1,722 m² 1 · 1,705 m² 15.9 m · 5 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 769,029 EUR awarded · 521,400 EUR paid
Year Entries awardedpaid
2025 3 262,583 EUR113,728 EUR
2024 1 0 EUR148,163 EUR
2022 2 506,446 EUR259,509 EUR
Schemes
3 entries · 493,875 EUR · 493,876 EUR paid · Departement Cultuur, Jeugd en Media
1 entry · 247,630 EUR · Fonds voor Innoveren en Ondernemen
2 entries · 27,524 EUR · 27,524 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

European research

1 project · 633,080 EUR EU contribution
Programmes
1 entry · 633,080 EUR
Projects
Methods for Managing Audiovisual Data: Combining Automatic Efficiency with Human Accuracy
Horizon 2020 · participant · 01-01-2018 to 31-03-2021 · 633,080 EUR · MeMAD

Similar companies · same sector, comparable size

Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 4,578 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded17-05-2010
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0825929759
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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