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Liminal

Active Private limited companyfounded 2020active for 6 yearsDe Nefstraat 38, 2275 LilleKBO/BCE: BE 0741.522.636

Lifetime

5 annual accounts with figures on one time axis
peak €53,472 (2023)
€30,984▼ 39.9%
lowest -€1,988 (2021)
€14,317▼ 51.5%
peak €80,241 (2024)
€46,339▼ 42.3%
€141,103▲ 743%
Board1 name since 2020
- 
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €51,518 to €30,984Result from €29,521 to €14,317Dividend €48,219Equity from €80,241 to €46,339Debts from €16,733 to €141,103Investments €132,000

Key points

from the 2025 annual accounts

Equity

€46,339 ▼ 42.3%
80,2412024+14,317Profit-48,219Dividend46,3392025

Liminal paid out €48,219 in dividends. That is 337% of the 2025 profit.

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Debts

€141,103 ▲ 743%
Financial debts
+127,343
Suppliers
+976
The rest
-3,949

Debts rose by €124,370 in 2025.

Investments

€132,000 45.8 × depreciation
20212025

Green is investment, beige is depreciation.

Filings

5 annual accounts 1 late
AprilJune31 JulyOctober20222024

The 2022 accounts came 17 days late. The other four were filed on time.

Checked score

80
Excellent
Financially stronger than 30% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value

Financial strength
Average

50-50equity 24.7% of total assets
58-1short-term debt 7.3% · cash 6.8%
78-22return on assets 7.6%

Score breakdown

raises risk
1 change of registered office in 24 months
Size: total assets €187,442
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 01-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 25% of them on solvency, 41% on liquidity, 38% on profitability and 17% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as Liminal has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Liminal itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 6,713 companies, not a prediction for Liminal. 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

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.16 (5.72 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 6.8% of total assets. However, 75.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
raises risk · Size: total assets €187,442
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 21206 sector peers (2025).
NBB · sector comparison
Position among 21206 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
30 days early
2024
on the day
2023
2 days early
2022
17 days late
2021
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 12 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • MERTES Ashwin 250 sharesdeed of 16-01-2020
Board & ownership

Recent changes

Registered office moved from Antwerp to Gierle New registered office: De Nefstraat 38, 2275 Gierle · Previous registered office: Waterbaan 128 bus 201, 2100 Antwerpen · General meeting of 03-07-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0741522636
Registered office moved from Zoersel to Deume New registered office: Waterbaan 128 bus 201, 2100 Deume · Previous registered office: Karel Uyterhoevenlaan 9/4, 2980 Zoersel · Gazette deed
First establishment De Nefstraat 38, Lille
All 13 events

Comparable companies

same main activity, similar in size and age
Company
Liminal Lille €187,442 €30,984 24.7% -
Elvic Ranst €206,067 €30,637 88.4% -
Will-It Herk-de-Stad €199,382 €29,289 74.7% -
KSM Consulting Hoeilaart €183,023 €28,390 74.4% -
YLORPH Evere €191,001 €32,238 14.1% -
HT4CONSULT Lokeren €166,997 €32,272 99.4% -
NEXSTEP Londerzeel €208,603 €34,584 62.9% -

These companies have the same main activity as Liminal: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €167,000 and €209,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 14-01-2020Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Establishment unit
2.298.828.1402275 Lille, since 27-01-2020
Financial year end
31 December
Peppol
Reachable since 16-09-2025
Company details

Annual accounts 2025

€187,442▲ 93.3%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on Liminal

Liminal files the micro format. That format states no turnover. The gross margin rose from €28,336 in 2021 to €30,984 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

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 Liminal

What is the company number of Liminal?
The company number of Liminal is 0741.522.636. The VAT number is the same number with BE in front: BE 0741.522.636.
Where is Liminal based?
The registered office is at De Nefstraat 38, 2275 Lille.Company details
What does Liminal do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Liminal?
Liminal is a private limited company (BV).
When was Liminal founded?
Liminal was founded on 14-01-2020.
Is Liminal still active?
Yes, Liminal is an active enterprise in the KBO register.
What is the turnover of Liminal?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €30,984 and 63 comparable companies (NACE 62200). It probably lies between €84,000 and €140,000.Financials
Is Liminal profitable?
In financial year 2025, Liminal made a profit of €14,317.
Where can I find the annual accounts of Liminal?
Liminal filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Liminal due?
Liminal must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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