Liminal
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €84,000 and €140,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €187,442 on 31-12-2025in euro
in euro
Position in the sector
24.7%
Higher than 24% of 21,206 companies in 2025.
4.16
Higher than 69% of 20,569 companies in 2025.
7.6%
Higher than 30% of 20,744 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
187,442 | 96,974 | 70,469 | 79,474 | 54,069 | |
21/28 |
130,430 | 1,313 | 9,527 | 17,752 | 27,014 | |
22/27 |
130,430 | 1,313 | 9,527 | 17,752 | 27,014 | |
24 |
195 | 1,313 | 9,527 | 17,752 | 27,014 | |
25 |
130,235 | - | - | - | - | |
29/58 |
57,012 | 95,661 | 60,942 | 61,722 | 27,055 | |
29 |
9,320 | 68,545 | 23,638 | - | - | |
291 |
9,320 | 68,545 | 23,638 | - | - | |
3 |
- | - | - | 0 | - | |
30/36 |
- | - | - | 0 | - | |
40/41 |
34,481 | 16,081 | 14,301 | 12,395 | 14,881 | |
40 |
31,920 | 15,792 | 13,291 | 12,336 | 10,388 | |
41 |
2,561 | 289 | 1,010 | 59 | 4,493 | |
54/58 |
12,738 | 10,563 | 22,530 | 49,327 | 11,658 | |
490/1 |
473 | 473 | 473 | - | 516 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
187,442 | 96,974 | 70,469 | 79,474 | 54,069 | |
10/15 |
46,339 | 80,241 | 50,719 | 18,929 | 512 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
43,839 | 77,741 | 48,219 | 16,429 | - | |
133 |
43,839 | 77,741 | 48,219 | 16,429 | - | |
14 |
0 | - | - | - | -1,988 | |
17/49 |
141,103 | 16,733 | 19,749 | 60,545 | 53,557 | |
17 |
127,411 | - | 6,324 | 15,087 | 29,434 | |
170/4 |
127,411 | - | 6,324 | 15,087 | 29,434 | |
42/48 |
13,692 | 16,733 | 13,425 | 45,458 | 24,123 | |
42 |
3,125 | 6,324 | 8,763 | 14,977 | 15,434 | |
43 |
3,000 | 3,068 | - | - | 6 | |
430/8 |
3,000 | 3,068 | - | - | 6 | |
44 |
4,817 | 3,841 | 861 | 5,707 | 991 | |
440/4 |
4,817 | 3,841 | 861 | 5,707 | 991 | |
45 |
2,750 | 3,500 | 3,801 | 19,421 | 7,692 | |
450/3 |
2,000 | 1,500 | 1,801 | 17,421 | 5,692 | |
454/9 |
750 | 2,000 | 2,000 | 2,000 | 2,000 | |
47/48 |
- | - | - | 5,352 | - | |
| Income statement | ||||||
9900 |
30,984 | 51,518 | 53,472 | 50,863 | 28,336 | |
62 |
2,885 | 1,760 | 1,920 | 1,760 | - | |
630 |
2,882 | 8,214 | 8,225 | 9,262 | 16,530 | |
640/8 |
1,247 | 983 | 947 | 13,457 | 9,116 | |
66A |
- | - | 63 | 62 | - | |
9901 |
23,971 | 40,561 | 42,317 | 26,322 | 2,689 | |
75/76B |
1 | - | 473 | 10 | 0 | |
75 |
1 | - | 473 | 10 | 0 | |
65/66B |
1,589 | 540 | 483 | 701 | 1,283 | |
65 |
1,589 | 540 | 483 | 701 | 1,283 | |
9903 |
22,383 | 40,021 | 42,307 | 25,631 | 1,407 | |
67/77 |
8,065 | 10,500 | 10,517 | 7,214 | 3,395 | |
9904 |
14,317 | 29,521 | 31,790 | 18,417 | -1,988 | |
9905 |
14,317 | 29,521 | 31,790 | 18,417 | -1,988 | |
| Appropriation of the result | ||||||
9906 |
14,317 | 29,521 | 31,790 | 16,429 | -1,988 | |
14P |
- | - | - | -1,988 | - | |
791/2 |
48,219 | - | - | - | - | |
691/2 |
14,317 | 29,521 | 31,790 | 16,429 | - | |
6921 |
14,317 | 29,521 | 31,790 | 16,429 | - | |
694/7 |
48,219 | - | - | - | - | |
694 |
48,219 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00253944 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00339151 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00300295 | |
| 31-12-2022 | micro format | 17-08-2023 | 2023-00331862 | |
| 31-12-2021 | micro format | 17-06-2022 | 2022-20069665 |
Subsidies and aid
Flemish government 2022, 1 entry, €156 awarded, €156 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 26,853 | 48,776 | 50,542 | 35,584 | 19,220 | ||
| 17,200 | 37,736 | 40,015 | 27,679 | 14,542 | ||
| 132,000 | 0 | 0 | 0 | 43,544 | ||
| 2,175 | -11,968 | -26,796 | 37,669 | - | ||
| 43,320 | 78,928 | 47,517 | 16,265 | 2,932 | ||
| 24.7% | 82.7% | 72.0% | 23.8% | 0.9% | ||
| 4.16 | 5.72 | 4.54 | 1.36 | 1.12 | ||
| 4.16 | 5.72 | 4.54 | 1.36 | 1.12 | ||
| 3.05 | 0.21 | 0.39 | 3.20 | - | ||
| 30.9% | 36.8% | 62.7% | 97.3% | - | ||
| 7.6% | 30.4% | 45.1% | 23.2% | -3.7% | ||
| 16.90 | 90.36 | over 100 | 50.80 | 14.98 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €132,000 | - | - | - | €43,544 |
| €2,882 | €8,214 | €8,225 | €9,262 | €16,530 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Liminal
The operating result for 2025 is 41% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 17.3% to 75.3%. Equity is lower and debt is higher.