LIMKO
ActiveLIMKO has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €498k and a net result of €41k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 2031 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent▲ +37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+41
Solvency72▼-6
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.55 in 2024), and 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.2%
Return on assets
3.5%
Age of the figures
8 mo
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 12-03-2026, 141 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
141 d early
2024
148 d early
2023
134 d early
2022
135 d early
2021
136 d early
2020
144 d early
2019
136 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k
2024 · €-26k
2018: €20k
2019: €23k
2020: €101k
2021: €25k
2022: €10k
2023: €95k
2024: €-26k
2018 → 2025
Working capital
€245k▼ 24.2%
2024 · €323k
2018: €565k
2019: €586k
2020: €667k
2021: €219k
2022: €199k
2023: €339k
2024: €323k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€377k-€387k▲ 2.7%€483k▲ 24.6%€457k▼ 5.3%€498k▲ 8.9%
Operating result€24k-€-617€131k€-25k€60k
Net result€25k-€10k▼ 59.2%€95k▲ 848%€-26k€41k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €60k after a loss of €25k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€264k▲ 80.4%
Current assets
€914k▲ 0.1%
Equity and liabilities €1.18M
Equity
€498k▲ 8.9%
Debt
€681k▲ 12.9%
The debt ratio rises from 56.9% to 57.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€98k▲
2024 · €5k
Cash flow
€79k▲
2024 · €4k
Solvency
42.2%▼
2024 · 43.1%
Current ratio
1.37▼
2024 · 1.55
Quick ratio
0.94▲
2024 · 0.93
Debt / equity
1.37▲
2024 · 1.32
ROE
8.2%▲
2024 · -5.6%
ROA
3.5%▲
2024 · -2.4%
Interest coverage
10.06▲
2024 · 0.42
Debt
€681k▲
2024 · €603k
Debt ≤ 1 year
€670k▲
2024 · €591k
Income taxes
€11k
Staff costs
€668k▲
2024 · €638k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.18M▲
Fixed assets21/28€147k€264k▲
Tangible fixed assets22/27€146k€264k▲
Land and buildings22€72k€214k▲
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€69k€43k▼
Financial fixed assets28€506€506=
Current assets29/58€913k€914k▲
Stocks and contracts in progress3€361k€287k▼
Stocks30/36€361k€287k▼
Amounts receivable within one year40/41€285k€351k▲
Trade receivables40€259k€330k▲
Other amounts receivable41€25k€21k▼
Cash at bank and in hand54/58€268k€276k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.18M▲
Equity10/15€457k€498k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€29k€29k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€23k€23k=
Profit (loss) carried forward14€365k€406k▲
Amounts payable17/49€603k€681k▲
Amounts payable within one year42/48€591k€670k▲
Trade debts44€77k€112k▲
Suppliers440/4€77k€112k▲
Advances received on contracts in progress46-€19k
Taxes, remuneration and social security45€50k€75k▲
Taxes450/3€2k€32k▲
Remuneration and social security454/9€48k€43k▼
Other amounts payable47/48€464k€464k=
Accrued charges and deferred income492/3€12k€11k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€638k€668k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€38k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€324€29k▲
Other operating charges640/8€11k€11k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€659k€805k▲
Operating profit (loss)9901€-25k€60k▲
Financial income75/76B€10k€2k▼
Recurring financial income75€10k€2k▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€-26k€52k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-26k€41k▲
Profit (loss) for the period to be appropriated9905€-26k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€365k€406k▲
Profit (loss) brought forward from the previous period14P€391k€365k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼127%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €101k ▲343%
Net result €101k, the highest in the series.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Enghien · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg op Asse(P.E.) 1367850 EnghienGround area
4,418 m²
Building footprint
614 m²
Volume, LiDAR
3,331 m³
Parcel 55033D0081/00F000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIMKO SA
since 19912.018.886.437
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033D0081/00F000 | Wallonia | 4,418 m² | 1 · 614 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Lokra
BE 0460.613.507
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ALGEMENE AANNEMINGEN DANNY SELIS
BE 0461.239.354
Lokeren · Eq €499k
PRO SERV
BE 0672.845.250
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ANTWERPSE NATUURSTEENHANDEL DE CUYPER
BE 0866.122.502
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QUALICONSTRUCT 5000
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 4,531 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-05-1981
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
46610Wholesale trade
51880
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.