Limfoco
ActiveSummary
Limfoco has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €199k and a net result of €-25k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▲+5
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 8.65 against 8.31 in 2023; short-term debt: 9.1% and cash: 2.5% of total assets), and 9.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
90.9%
Return on assets
-11.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-25k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
19 d late
2022
29 d late
2021
25 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€199k▼ 11.0%
2023 · €223k
2018: €277k
2019: €288k▲ +3.9% vs 2018
2020: €314k▲ +9.1% vs 2019
2021: €326k▲ +3.9% vs 2020highest in 7 years
2022: €308k▼ -5.4% vs 2021
2023: €223k▼ -27.7% vs 2022
2024: €199k▼ -11.0% vs 2023lowest in 7 years
2018 → 2024
Total assets
€218k▼ 14.1%
2023 · €254k
2018: €315k
2019: €387k▲ +22.7% vs 2018
2020: €394k▲ +2.0% vs 2019
2021: €427k▲ +8.4% vs 2020highest in 7 years
2022: €382k▼ -10.7% vs 2021
2023: €254k▼ -33.4% vs 2022
2024: €218k▼ -14.1% vs 2023lowest in 7 years
2018 → 2024
Net result
€-25k▲ 71.3%
2023 · €-85k
2018: €-30k
2019: €11k▲ +136% vs 2018
2020: €26k▲ +140% vs 2019highest in 7 years
2021: €12k▼ -52.6% vs 2020
2022: €-17k▼ -241% vs 2021
2023: €-85k▼ -389% vs 2022lowest in 7 years
2024: €-25k▲ +71.3% vs 2023
2018 → 2024
Working capital
€151k▼ 9.0%
2023 · €166k
2018: €215k
2019: €200k▼ -6.9% vs 2018
2020: €210k▲ +5.3% vs 2019
2021: €219k▲ +4.1% vs 2020
2022: €231k▲ +5.6% vs 2021highest in 7 years
2023: €166k▼ -28.0% vs 2022
2024: €151k▼ -9.0% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€314k-€326k▲ 3.9%€308k▼ 5.4%€223k▼ 27.7%€199k▼ 11.0%
2020: €314k
2021: €326k▲ +3.9% vs 2020highest in 5 years
2022: €308k▼ -5.4% vs 2021
2023: €223k▼ -27.7% vs 2022
2024: €199k▼ -11.0% vs 2023lowest in 5 years
Operating result€30k-€24k▼ 19.3%€-16k€-83k▼ 430%€-23k▲ 72.5%
2020: €30khighest in 5 years
2021: €24k▼ -19.3% vs 2020
2022: €-16k▼ -165% vs 2021
2023: €-83k▼ -430% vs 2022lowest in 5 years
2024: €-23k▲ +72.5% vs 2023
Net result€26k-€12k▼ 52.6%€-17k€-85k▼ 389%€-25k▲ 71.3%
2020: €26khighest in 5 years
2021: €12k▼ -52.6% vs 2020
2022: €-17k▼ -241% vs 2021
2023: €-85k▼ -389% vs 2022lowest in 5 years
2024: €-25k▲ +71.3% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2024 against €83k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €218k
Fixed assets
€47k ▼ 27.5%
Current assets
€171k ▼ 9.5%
Equity and liabilities €218k
Equity
€199k ▼ 11.0%
Debt
€20k ▼ 36.4%
Debt's share of the balance-sheet total falls from 12.2% to 9.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▲
2023 · €-50k
Cash flow
€-7k▲
2023 · €-52k
Current ratio
8.65▲
2023 · 8.31
Quick ratio
8.29▲
2023 · 7.43
Debt to equity
0.10▼
2023 · 0.14
ROE
-12.3%▲
2023 · -38.2%
ROA
-11.2%▲
2023 · -33.6%
Interest coverage
-7.67▲
2023 · -34.27
Debt ≤ 1 year
€20k▼
2023 · €23k
Income taxes
€1k▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€254k€218k▼
Fixed assets21/28€65k€47k▼
Tangible fixed assets22/27€41k€23k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€33k€18k▼
Financial fixed assets28€24k€24k=
Current assets29/58€189k€171k▼
Stocks and contracts in progress3€20k€7k▼
Stocks30/36€20k€7k▼
Amounts receivable within one year40/41€141k€155k▲
Trade receivables40€129k€141k▲
Other amounts receivable41€12k€14k▲
Cash at bank and in hand54/58€16k€5k▼
Deferred charges and accrued income490/1€12k€4k▼
Equity and liabilities
Total equity and liabilities10/49€254k€218k▼
Equity10/15€223k€199k▼
Contributions10/11€245k€245k=
Reserves13€81k€81k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-103k€-127k▼
Amounts payable17/49€31k€20k▼
Amounts payable within one year42/48€23k€20k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€12k€5k▼
Taxes450/3€9k€5k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€658€14k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€18k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-47k€-2k▲
Operating profit (loss)9901€-83k€-23k▲
Financial income75/76B€231€103▼
Recurring financial income75€231€103▼
Financial charges65/66B€1k€633▼
Recurring financial charges65€1k€633▼
Profit (loss) for the period before taxes9903€-84k€-23k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-85k€-25k▲
Profit (loss) for the period to be appropriated9905€-85k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-127k▼
Profit (loss) brought forward from the previous period14P€-17k€-103k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €32k | €37k | €33k | €18k | ▼ 46.1% |
| Other operating charges640/8 | - | €6k | €3k | €3k | €3k | ▲ 14.3% |
| Gross operating margin9900 | €62k | €62k | €24k | €-47k | €-2k | ▲ 96.4% |
| Operating profit (loss)9901 | €30k | €24k | €-16k | €-83k | €-23k | ▲ 72.5% |
| Financial income75/76B | - | €555 | €1k | €231 | €103 | ▼ 55.5% |
| Recurring financial income75 | €149 | €555 | €1k | €231 | €103 | ▼ 55.5% |
| Financial charges65/66B | - | €2k | €2k | €1k | €633 | ▼ 56.2% |
| Recurring financial charges65 | €2k | €2k | €2k | €1k | €633 | ▼ 56.2% |
| Profit (loss) for the period before taxes9903 | €28k | €23k | €-16k | €-84k | €-23k | ▲ 72.3% |
| Income taxes67/77 | €2k | €10k | €1k | €1k | €1k | ▼ 4.3% |
| Profit (loss) for the period9904 | €26k | €12k | €-17k | €-85k | €-25k | ▲ 71.3% |
| Profit (loss) for the period to be appropriated9905 | €26k | €12k | €-17k | €-85k | €-25k | ▲ 71.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €394k | €427k | €382k | €254k | €218k | ▼ 14.1% |
| Fixed assets21/28 | €132k | €134k | €98k | €65k | €47k | ▼ 27.5% |
| Tangible fixed assets22/27 | €107k | €110k | €74k | €41k | €23k | ▼ 44.1% |
| Land and buildings22 | - | €8k | €6k | €4k | €3k | ▼ 31.1% |
| Plant, machinery and equipment23 | - | €8k | €7k | €4k | €2k | ▼ 56.8% |
| Furniture and vehicles24 | - | €93k | €61k | €33k | €18k | ▼ 44.1% |
| Financial fixed assets28 | €24k | €24k | €24k | €24k | €24k | = |
| Current assets29/58 | €263k | €293k | €283k | €189k | €171k | ▼ 9.5% |
| Stocks and contracts in progress3 | €81k | €75k | €93k | €20k | €7k | ▼ 65.1% |
| Stocks30/36 | - | €75k | €93k | €20k | €7k | ▼ 65.1% |
| Amounts receivable within one year40/41 | €119k | €131k | €131k | €141k | €155k | ▲ 10.1% |
| Trade receivables40 | - | €108k | €114k | €129k | €141k | ▲ 10.0% |
| Other amounts receivable41 | - | €23k | €17k | €12k | €14k | ▲ 11.3% |
| Cash at bank and in hand54/58 | €60k | €78k | €42k | €16k | €5k | ▼ 66.3% |
| Deferred charges and accrued income490/1 | - | €11k | €17k | €12k | €4k | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €394k | €427k | €382k | €254k | €218k | ▼ 14.1% |
| Equity10/15 | €314k | €326k | €308k | €223k | €199k | ▼ 11.0% |
| Contributions10/11 | - | €245k | €245k | €245k | €245k | = |
| Reserves13 | €68k | €81k | €81k | €81k | €81k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | - | - |
| Tax-exempt reserves132 | - | €38k | €38k | €38k | €38k | = |
| Distributable reserves133 | - | €40k | €40k | €43k | €43k | = |
| Profit (loss) carried forward14 | €-9k | - | €-17k | €-103k | €-127k | ▼ 23.9% |
| Amounts payable17/49 | €81k | €101k | €73k | €31k | €20k | ▼ 36.4% |
| Amounts payable after more than one year17 | €28k | €27k | €8k | - | - | - |
| Financial debts170/4 | - | €27k | €8k | - | - | - |
| Amounts payable within one year42/48 | €52k | €74k | €52k | €23k | €20k | ▼ 13.0% |
| Current portion of amounts payable after more than one year42 | - | €30k | €18k | €8k | - | - |
| Trade debts44 | €3k | €12k | €16k | €2k | €1k | ▼ 48.9% |
| Suppliers440/4 | - | €12k | €16k | €2k | €1k | ▼ 48.9% |
| Taxes, remuneration and social security45 | - | €18k | €18k | €12k | €5k | ▼ 60.7% |
| Taxes450/3 | - | €18k | €18k | €9k | €5k | ▼ 51.9% |
| Remuneration and social security454/9 | - | - | - | €2k | - | - |
| Other amounts payable47/48 | - | €15k | - | €658 | €14k | ▲ 2,053% |
| Accrued charges and deferred income492/3 | - | €75 | €13k | €8k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €12k | €-17k | €-85k | €-25k | ▲ 71.3% |
| + Depreciation and write-downs630 | €26k | €32k | €37k | €33k | €18k | ▼ 46.1% |
| Operating cash flow (approximation) | €52k | €45k | €19k | €-52k | €-7k | ▲ 87.4% |
| Investment in fixed assets (approximation) | - | €-35k | €-1k | €0 | €0 | - |
| Change in cash | - | €18k | €-36k | €-26k | €-11k | ▲ 58.7% |
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
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €26k ▲140%
Operating result €30k, net result €26k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Tongeren-Borgloon · 1 establishment unit since 1985
Ground area
236 m²
Building footprint
178 m²
Volume, LiDAR
1,211 m³
Parcel 73347A0585/00E004, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOOKSHOP LIMFOCO
since 19852.026.908.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73347A0585/00E004 | Flanders | 236 m² | 1 · 178 m² | 9.8 m · 2 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
2023 · 1 entry · 176 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 176 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,347 companies in sector 47621 we hold annual accounts for 1,248. 1,026 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
Founded06-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
43350Other building finishing work
49410Freight transport by road
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.