Result
-€285,496 -€285,496
From profit to loss in 2024, after a profit of €23,602 in 2023.
Limgro
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997peak €1.1m (2021)
€779,253▼ 13.9%
lowest -€285,496 (2024)
-€285,496▼ €309,098
peak €964,222 (2023)
€678,726▼ 29.6%
€3.8m▲ 15.5%
peak 18.6 FTE (2024)
18.6 FTE▲ 11.4%
Board3 names since 2014
1 director
Owners
99.94%
Documentsfilings and deeds
12-06-2026316 days late
2024abbreviated format
Gross margin from €905,233 to €779,253Loss of €285,496Staff from 16.7 FTE to 18.6 FTE1 director resigning 03-01Equity from €964,222 to €678,726Debts from €3.3m to €3.8m
Key points
from the 2024 annual accountsDebts
€3.8m 85% of the balance sheet
Financial debts 57%Suppliers 9%Taxes and wages 4%Other 30%
€1.4m of the debts are secured on the company's own assets. In 2021 that was €944,165.
Investments
€587,068 1.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 65.8% higher than in 2023.
Staff
19 employees on 31-12-2024
In 2024, 6 people joined and 9 left.
Filings
28 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€285,496
Lower net result than 95% of companies in retail trade. Sector median €45,121 · 9,514 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,503 companies had the same profile as Limgro has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,503 companies, not a prediction for Limgro. 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.
Credit verdict
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Signals
Board and ownership
Director,
- 99.94%equity €965,108 (2025) · 30-09-2025 annual accounts of
Recent changes
1 director resigning
Change of role: , from director to sole director · Resignation: · Permanent representative: · General meeting of 18-12-2023 · Gazette deed
1 director appointed, 1 resignation, 1 reappointment
Resignation: · Appointment: · Reappointment: · General meeting of 01-07-2020 · Gazette deed
First establishment
Heuveneindeweg 121, Zonhoven
Incorporation
published on 07-08-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Limgro Zonhoven | €4.5m | €0.8m | 15.0% | 18.6 |
| BABY'S CORNER Nazareth-De Pinte | €2.6m | €0.6m | -4.7% | 15.3 |
| DELTA DIFFUSION Walhain | €6.5m | €1.3m | 56.3% | 8.9 |
| Baby-Dump België Mechelen | €2.7m | €1.3m | 26.3% | 21.8 |
| FRANICAM Sambreville | €2.2m | €0.4m | -32.8% | 9.2 |
| TERBEKEN Aalst | €3.7m | €1.0m | 60.4% | - |
| HLVO Kontich | €3.9m | €0.6m | 42.6% | 10.9 |
These companies have the same main activity as Limgro: retail trade (NACE 47554). They are comparable in size and age: total assets between €2.2m and €6.5m, founded between 1983 and 2015.
Official details
Source: KBO- Status
- Active since 28-06-1996Normal situation
- Activity
- Retail tradeNACE 47554and 5 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 201Independent retail · annual accounts 2024
- Establishment unit
- 2.078.185.7053520 Zonhoven, since 13-09-1996
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2024
- ≈ €4.1mestimated
- €4.5m▲ 5.3%
- Employeeson 31-12-2024
- 19▼ 13.6%
- Filing
- Filed on 12-06-2026
Insights on Limgro
Limgro files the abbreviated format. That format states no turnover. The gross margin rose from €349,605 in 2006 to €779,253 in 2024.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Limgro
- What is the company number of Limgro?
- The company number of Limgro is 0458.410.023. The VAT number is the same number with BE in front: BE 0458.410.023.
- Where is Limgro based?
- The registered office is at Heuveneindeweg 121, 3520 Zonhoven.Company details
- What does Limgro do?
- According to the KBO register, the main activity is retail trade (NACE 47554).
- What is the legal form of Limgro?
- Limgro is a public limited company (NV).
- When was Limgro founded?
- Limgro was founded on 28-06-1996.
- Is Limgro still active?
- Yes, Limgro is an active enterprise in the KBO register.
- How many employees does Limgro have?
- Limgro had an average of 18.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does Limgro fall under?
- In its 2024 annual accounts, Limgro states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
- What is the turnover of Limgro?
- The turnover in financial year 2024 is ≈ €4.1m. This figure is estimated from the gross margin of €779,253 and 31 comparable companies (NACE 475). It probably lies between €2.6m and €6.3m.
- Is Limgro profitable?
- In financial year 2024, Limgro made a loss of €285,496.
- Where can I find the annual accounts of Limgro?
- Limgro filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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