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LIMITE1

Active
Private limited company (pre-2019)founded 201510 yrs activeWaverse steenweg 2247, 1160 Oudergem, BelgiumKBO/BCE: BE 0644.980.516
Summary

The computed 12-month bankruptcy probability of LIMITE1 is 4.7% (elevated). The latest annual accounts of LIMITE1 were filed more than 90 days after the deadline. The 2019 annual accounts show equity of €9,703 and a net result of €2,022. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability72▼-6
Solvency92=
Growth52
Track record100
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2019
Solvency, return and age of the figures
Solvency
66.9%
Return on assets
14%
Age of the figures
81 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 15-02-2021, 199 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
199 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 199 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LIMITE1 was incorporated on 30 December 2015.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2019.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019

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Financials · fiscal year 2019, micro schema

Turnover
€21,395▼ 49.5%
2018 · €42,335
EBIT margin
15.5%▲ 9.2pp
2018 · 6.3%
Net result
€2,022▲ 8.4%
2018 · €1,866
Working capital
€6,703▲ 43.2%
2018 · €4,681
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Turnover€42,335-€21,395▼ 49.5%
Operating result€2,671-€3,308▲ 23.9%
Net result€1,866-€2,022▲ 8.4%
EBIT margin6.3%-15.5%▲ 9.2pp
Equity€7,681-€9,703▲ 26.3%
Total assets€11,535-€14,495▲ 25.7%
Debt€3,855-€4,792▲ 24.3%
Working capital€4,681-€6,703▲ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2018: €2,671€2,671Net result 2018: €1,866€1,866Operating result 2019: €3,308€3,308Net result 2019: €2,022€2,02220182019€0€1,000€2,000€3,000Operating result 2018: €2,671€2,670Net result 2018: €1,866€1,870Operating result 2019: €3,308€3,310Net result 2019: €2,022€2,02020182019
The operating result rises in 2019; 2019 is 24% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €14,495
Fixed assets €3,000 =
Current assets €11,495 ▲ 34.7%
Equity and liabilities €14,495
Equity €9,703 ▲ 26.3%
Debt €4,792 ▲ 24.3%
Debt's share of the balance-sheet total falls from 33.4% to 33.1%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
Current ratio
2.40▲
2018 · 2.21
ROE
20.8%▼
2018 · 24.3%
ROA
14.0%▼
2018 · 16.2%
Debt ≤ 1 year
€4,792▲
2018 · €3,855
Income taxes
€933▲
2018 · €416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 21 lines
Balance sheet Code20182019
Assets
Total assets20/58€11,535€14,495▲
Fixed assets21/28€3,000€3,000=
Financial fixed assets28€3,000€3,000=
Current assets29/58€8,535€11,495▲
Amounts receivable within one year40/41€1,991€5,529▲
Cash at bank and in hand54/58€6,544€5,966▼
Equity and liabilities
Total equity and liabilities10/49€11,535€14,495▲
Equity10/15€7,681€9,703▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€1,481€3,503▲
Amounts payable17/49€3,855€4,792▲
Amounts payable within one year42/48€3,855€4,792▲
Trade debts44-€976
Income statement Code20182019
Turnover70€42,335€21,395▼
Gross operating margin9900€3,714€3,656▼
Operating profit (loss)9901€2,671€3,308▲
Recurring financial charges65€390€353▼
Profit (loss) for the period before taxes9903€2,281€2,956▲
Income taxes67/77€416€933▲
Profit (loss) for the period9904€1,866€2,022▲
Profit (loss) for the period to be appropriated9905€1,866€2,022▲
Line20182019Change
Turnover70€42,335€21,395▼ 49.5%
Gross operating margin9900€3,714€3,656▼ 1.6%
Operating profit (loss)9901€2,671€3,308▲ 23.9%
Recurring financial charges65€390€353▼ 9.5%
Profit (loss) for the period before taxes9903€2,281€2,956▲ 29.5%
Income taxes67/77€416€933▲ 124%
Profit (loss) for the period9904€1,866€2,022▲ 8.4%
Profit (loss) for the period to be appropriated9905€1,866€2,022▲ 8.4%
Line20182019Change
Assets
Total assets20/58€11,535€14,495▲ 25.7%
Fixed assets21/28€3,000€3,000=
Financial fixed assets28€3,000€3,000=
Current assets29/58€8,535€11,495▲ 34.7%
Amounts receivable within one year40/41€1,991€5,529▲ 178%
Cash at bank and in hand54/58€6,544€5,966▼ 8.8%
Equity and liabilities
Total equity and liabilities10/49€11,535€14,495▲ 25.7%
Equity10/15€7,681€9,703▲ 26.3%
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€1,481€3,503▲ 137%
Amounts payable17/49€3,855€4,792▲ 24.3%
Amounts payable within one year42/48€3,855€4,792▲ 24.3%
Trade debts44-€976-
Line20182019Change
Profit (loss) for the period9904€1,866€2,022▲ 8.4%
Operating cash flow (approximation)€1,866€2,022▲ 8.4%
Investment in fixed assets (approximation)-€0-
Change in cash--€579-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
15-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 199 days late
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Oudergem
exact location from the address register On OpenStreetMap
Ground area
187 m²
Building footprint
103 m²
Volume, LiDAR
695 m³
Parcel 21332E0059/00E004, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332E0059/00E004 Brussels 187 m² 1 · 103 m² 11.6 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded30-12-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

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