LIMESTONE
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 30 April 2026 The financial year closed on 30 September 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024 filed on 25-03-2025 PDF all 15 filings
Equity
-€925,404▼ 15.6%
2023 · -€800,803
Total assets
€1.5m▼ 6.0%
2023 · €1.6m
Net result
-€124,601▲ 7.9%
2023 · -€135,318
Working capital
-€2.4m▼ 2.0%
2023 · -€2.3m
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result for 2024 is a loss of €124,411, smaller than the loss of €135,046 in 2023.
Operating result-€0.1m
2024
Net result-€0.1m
2024
Total assets€1.5m
2024
Equity-€0.9m
2024
Debt€2.4m
2024
Working capital-€2.4m
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result-€0.1m--€0.1m▲ 7.4%-€0.1m▼ 13.8%-€0.1m▲ 0.4%-€0.1m▼ 3.1%-€0.1m▲ 7.9%
Net result-€0.1m--€0.1m▼ 5.1%-€0.1m▼ 13.8%-€0.1m▲ 0.4%-€0.1m▼ 3.1%-€0.1m▲ 7.9%
Equity-€0.3m--€0.4m▼ 40.4%-€0.5m▼ 32.7%-€0.7m▼ 24.6%-€0.8m▼ 20.3%-€0.9m▼ 15.6%
Total assets€1.9m-€1.8m▼ 6.8%€1.7m▼ 5.9%€1.6m▼ 6.3%€1.6m▼ 2.1%€1.5m▼ 6.0%
Debt€2.2m-€2.2m▼ 0.7%€2.2m▲ 1.1%€2.3m▲ 1.0%€2.4m▲ 4.5%€2.4m▲ 1.3%
Working capital-€2.2m--€2.2m▼ 0.5%-€2.2m▼ 1.2%-€2.2m▼ 0.7%-€2.3m▼ 4.3%-€2.4m▼ 2.0%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m ▼ 5.0%
Current assets
€4,461 ▼ 78.4%
Equity and liabilities
Equity-€925,404
Debt€2.4m
Equity is negative. Debt (€2.4m) exceeds the balance-sheet total (€1.5m).
Key figures and ratios
EBITDA
-€6,361▲
2023 · -€19,813
Cash flow
-€6,550▲
2023 · -€20,084
Solvency
-62.9%▼
2023 · -51.2%
Current ratio
0.00▼
2023 · 0.01
ROA
-8.5%▲
2023 · -8.6%
Interest coverage
-33.60▲
2023 · -72.32
Debt ≤ 1 year
€2.4m▲
2023 · €2.4m
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €115,741 | €115,958 | €116,958 | €116,524 | €115,234 | €118,051 | ▲ 2.4% |
| Other operating charges640/8 | - | - | - | €2,792 | €2,857 | €3,175 | ▲ 11.2% |
| Gross operating margin9900 | -€6,488 | €2,900 | -€11,886 | -€11,663 | -€16,956 | -€3,185 | ▲ 81.2% |
| Operating profit (loss)9901 | -€124,789 | -€115,608 | -€131,560 | -€130,980 | -€135,046 | -€124,411 | ▲ 7.9% |
| Financial income75/76B | - | - | - | - | €2 | - | - |
| Recurring financial income75 | - | - | €0 | - | €2 | - | - |
| Financial charges65/66B | - | - | - | €220 | €274 | €189 | ▼ 30.9% |
| Recurring financial charges65 | -€14,573 | €210 | €200 | €220 | €274 | €189 | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | -€110,216 | -€115,818 | -€131,760 | -€131,200 | -€135,318 | -€124,601 | ▲ 7.9% |
| Profit (loss) for the period9904 | -€110,216 | -€115,818 | -€131,760 | -€131,200 | -€135,318 | -€124,601 | ▲ 7.9% |
| Profit (loss) for the period to be appropriated9905 | -€110,216 | -€115,818 | -€131,760 | -€131,200 | -€135,318 | -€124,601 | ▲ 7.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.9m | €1.8m | €1.7m | €1.6m | €1.6m | €1.5m | ▼ 6.0% |
| Fixed assets21/28 | €1.9m | €1.8m | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 5.0% |
| Tangible fixed assets22/27 | €1.9m | €1.8m | €1.7m | €1.6m | €1.5m | €1.5m | ▼ 5.0% |
| Land and buildings22 | - | - | - | €1.6m | €1.5m | €1.5m | ▼ 5.0% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.002m | €0.002m | ▼ 25.0% |
| Furniture and vehicles24 | - | - | - | €149 | - | - | - |
| Current assets29/58 | €0.04m | €0.009m | €0.007m | €0.01m | €0.02m | €0.004m | ▼ 78.4% |
| Amounts receivable within one year40/41 | €492 | €338 | €0.002m | €0.006m | €0.004m | €28 | ▼ 99.4% |
| Trade receivables40 | - | - | - | €0.001m | €0.002m | - | - |
| Other amounts receivable41 | - | - | - | €0.005m | €0.003m | €28 | ▼ 99.0% |
| Cash at bank and in hand54/58 | €0.03m | €0.007m | €0.003m | €0.006m | €0.01m | €0.001m | ▼ 89.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.003m | €0.003m | ▲ 1.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.9m | €1.8m | €1.7m | €1.6m | €1.6m | €1.5m | ▼ 6.0% |
| Equity10/15 | -€0.3m | -€0.4m | -€0.5m | -€0.7m | -€0.8m | -€0.9m | ▼ 15.6% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Revaluation surpluses12 | - | - | - | €0.4m | €0.4m | €0.4m | ▼ 9.1% |
| Reserves13 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 9.8% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.4m | ▲ 9.8% |
| Profit (loss) carried forward14 | -€1.1m | -€1.2m | -€1.4m | -€1.5m | -€1.6m | -€1.7m | ▼ 7.7% |
| Amounts payable17/49 | €2.2m | €2.2m | €2.2m | €2.3m | €2.4m | €2.4m | ▲ 1.3% |
| Amounts payable within one year42/48 | €2.2m | €2.2m | €2.2m | €2.3m | €2.4m | €2.4m | ▲ 1.3% |
| Trade debts44 | €0.004m | €0.002m | €272 | €0.006m | €0.001m | €0.003m | ▲ 327% |
| Suppliers440/4 | - | - | - | €0.006m | €0.001m | €0.003m | ▲ 327% |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.006m | €0.003m | ▼ 54.5% |
| Taxes450/3 | - | - | - | €0.001m | €0.006m | €0.003m | ▼ 54.5% |
| Other amounts payable47/48 | - | - | - | €2.3m | €2.4m | €2.4m | ▲ 1.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€110,216 | -€115,818 | -€131,760 | -€131,200 | -€135,318 | -€124,601 | ▲ 7.9% |
| + Depreciation and write-downs630 | €115,741 | €115,958 | €116,958 | €116,524 | €115,234 | €118,051 | ▲ 2.4% |
| Operating cash flow (approximation) | €5,525 | €140 | -€14,802 | -€14,676 | -€20,084 | -€6,550 | ▲ 67.4% |
| Investment in fixed assets (approximation) | - | -€10,898 | -€11,929 | -€1,570 | -€76,183 | -€41,082 | ▲ 46.1% |
| Change in cash | - | -€25,570 | -€4,061 | €2,605 | €7,255 | -€11,814 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | micro format | 25-03-2025 | 2025-00054897 | |
| 30-09-2023 | micro format | 26-03-2024 | 2024-00050862 | |
| 30-09-2022 | micro format | 27-03-2023 | 2023-00047226 | |
| 30-09-2021 | micro format | 15-03-2022 | 2022-07800108 | |
| 30-09-2020 | micro format | 26-04-2021 | 2021-11500209 | |
| 30-09-2019 | micro format | 27-02-2020 | 2020-05800520 | |
| 30-09-2018 | micro format | 27-02-2019 | 2019-06200082 | |
| 30-09-2017 | micro format | 26-02-2018 | 2018-06000453 | |
| 30-09-2016 | abbreviated format | 28-02-2017 | 2017-05700013 | |
| 30-09-2015 | abbreviated format | 30-03-2016 | 2016-08200380 |