Limlodec
ActiveSummary
Limlodec has been active since 1989 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €15,612 and a net result of -€93,808. Equity is shrinking by ~15.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 35% of 6161 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency29▲+6
Growth22=
Track record92
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.29 against 0.53 in 2023; short-term debt: 95.8% and cash: 0% of total assets), and 95.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
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 2024Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-25.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
61 d late
2022
60 d late
2021
153 d late
2020
61 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 91 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
In the rankings
#7 oldest company in Beringen, Other services sector#10 company by total assets in Beringen, Other services sector
Turnover
€191,905▼ 36.8%
2019 · €303,656
EBIT margin
-10.0%▼ 13.1pp
2019 · 3.1%
Net result
-€93,808▲ 28.4%
2023 · -€131,108
Working capital
-€251,361▼ 58.4%
2023 · -€158,707
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€191,905▼ 36.8%
Operating result-€19,250€349,530-€144,353-€135,222▲ 6.3%-€58,009▲ 57.1%
Net result-€18,461below the sector's middle half€282,349above the sector's middle half-€149,054below the sector's middle half-€131,108below the sector's middle half▲ 12.0%-€93,808below the sector's middle half▲ 28.4%
EBIT margin-10.0%▼ 13.1pp
Equity€52,318within the sector's middle half▼ 26.1%€274,667above the sector's middle half▲ 425%€125,612above the sector's middle half▼ 54.3%-€5,496within the sector's middle half€15,612within the sector's middle half
Total assets€462,090above the sector's middle half▼ 4.2%€566,480above the sector's middle half▲ 22.6%€466,697above the sector's middle half▼ 17.6%€332,167above the sector's middle half▼ 28.8%€368,792above the sector's middle half▲ 11.0%
Debt€409,772▼ 0.5%€291,813▼ 28.8%€341,084▲ 16.9%€337,663▼ 1.0%€353,180▲ 4.6%
Working capital-€311,317below the sector's middle half▼ 11.0%€60,679above the sector's middle half-€59,747below the sector's middle half-€158,707below the sector's middle half▼ 166%-€251,361below the sector's middle half▼ 58.4%
Solvency11.3%within the sector's middle half▼ 3.3pp48.5%within the sector's middle half▲ 37.2pp26.9%within the sector's middle half▼ 21.6pp-1.7%within the sector's middle half▼ 28.6pp4.2%within the sector's middle half▲ 5.9pp
Current ratio0.24below the sector's middle half▼ 0.071.21within the sector's middle half▲ 0.970.82within the sector's middle half▼ 0.380.53within the sector's middle half▼ 0.290.29below the sector's middle half▼ 0.24
Return on assets (ROA)-4.0%within the sector's middle half▼ 6.5pp49.8%above the sector's middle half▲ 53.8pp-31.9%below the sector's middle half▼ 81.8pp-39.5%below the sector's middle half▼ 7.5pp-25.4%below the sector's middle half▲ 14.0pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €58,009 in 2024 against €135,222 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €368,792
Fixed assets
€266,972 ▲ 74.3%
Current assets
€101,820 ▼ 43.1%
Equity and liabilities €368,792
Equity
€15,612
Debt
€353,180
Debt finances 95.8% of the balance-sheet total.
Key figures and ratios
EBITDA
-€24,540▲
2023 · -€103,073
Cash flow
-€60,339▲
2023 · -€98,959
Debt to equity
22.62▲
2023 · -61.44
ROE
-600.9%
Interest coverage
-62.64▼
2023 · -51.21
Debt ≤ 1 year
€353,180▲
2023 · €337,663
Income taxes
€38,500▲
2023 · €663
Staff costs
€1,782▼
2023 · €20,974
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 540 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
5.2%
went bankrupt
8.3%
stopped otherwise
86%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 540 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €191,905 | - | - | - | - | - |
| Non-recurring operating income76A | - | €579,120 | €3,660 | €1,889 | €12,390 | ▲ 556% |
| Remuneration, social security and pensions62 | - | €70,096 | €63,353 | €20,974 | €1,782 | ▼ 91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,783 | €25,472 | €32,010 | €32,149 | €33,469 | ▲ 4.1% |
| Other operating charges640/8 | - | €3,112 | €4,891 | €60,839 | €2,520 | ▼ 95.9% |
| Non-recurring operating charges66A | - | €14,152 | - | - | €10,029 | - |
| Gross operating margin9900 | €91,670 | €462,361 | -€44,100 | -€21,261 | -€10,209 | ▲ 52.0% |
| Operating profit (loss)9901 | -€19,250 | €349,530 | -€144,353 | -€135,222 | -€58,009 | ▲ 57.1% |
| Financial income75/76B | - | €7,354 | €7,969 | €6,790 | €3,093 | ▼ 54.4% |
| Recurring financial income75 | €4,106 | €7,354 | €7,969 | €6,790 | €3,093 | ▼ 54.4% |
| Financial charges65/66B | - | €3,532 | €11,951 | €2,013 | €392 | ▼ 80.5% |
| Recurring financial charges65 | €3,316 | €3,532 | €11,951 | €2,013 | €392 | ▼ 80.5% |
| Profit (loss) for the period before taxes9903 | -€18,461 | €353,352 | -€148,336 | -€130,445 | -€55,308 | ▲ 57.6% |
| Income taxes67/77 | - | €71,003 | €718 | €663 | €38,500 | ▲ 5,708% |
| Profit (loss) for the period9904 | -€18,461 | €282,349 | -€149,054 | -€131,108 | -€93,808 | ▲ 28.4% |
| Profit (loss) for the period to be appropriated9905 | -€18,461 | €282,349 | -€149,054 | -€131,108 | -€93,808 | ▲ 28.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €462,090 | €566,480 | €466,697 | €332,167 | €368,792 | ▲ 11.0% |
| Fixed assets21/28 | €364,121 | €213,988 | €185,360 | €153,211 | €266,972 | ▲ 74.3% |
| Intangible fixed assets21 | €15,493 | - | - | - | - | - |
| Tangible fixed assets22/27 | €344,958 | €210,318 | €181,690 | €149,541 | €262,502 | ▲ 75.5% |
| Land and buildings22 | - | €88,428 | €90,708 | €89,467 | €224,023 | ▲ 150% |
| Plant, machinery and equipment23 | - | - | - | - | €5,990 | - |
| Furniture and vehicles24 | - | €121,890 | €90,982 | €60,074 | €32,489 | ▼ 45.9% |
| Financial fixed assets28 | €3,670 | €3,670 | €3,670 | €3,670 | €4,470 | ▲ 21.8% |
| Current assets29/58 | €97,968 | €352,492 | €281,337 | €178,956 | €101,820 | ▼ 43.1% |
| Stocks and contracts in progress3 | €3,527 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €81,202 | €344,422 | €274,517 | €177,834 | €101,563 | ▼ 42.9% |
| Trade receivables40 | - | €89,719 | €89,071 | €89,071 | - | - |
| Other amounts receivable41 | - | €254,703 | €185,446 | €88,762 | €101,563 | ▲ 14.4% |
| Cash at bank and in hand54/58 | €10,826 | €7,251 | €5,731 | €608 | €43 | ▼ 93.0% |
| Deferred charges and accrued income490/1 | - | €819 | €1,089 | €514 | €214 | ▼ 58.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €462,090 | €566,480 | €466,697 | €332,167 | €368,792 | ▲ 11.0% |
| Equity10/15 | €52,318 | €274,667 | €125,612 | -€5,496 | €15,612 | ▲ 384% |
| Contributions10/11 | €124,195 | €124,195 | €124,195 | €124,195 | €124,195 | = |
| Capital10 | - | €124,195 | €124,195 | €124,195 | €124,195 | = |
| Issued capital100 | - | €124,195 | €124,195 | €124,195 | €124,195 | = |
| Revaluation surpluses12 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | €10,627 | €110,472 | €110,472 | €110,472 | €110,472 | = |
| Non-distributable reserves130/1 | - | €2,458 | €2,458 | €2,458 | €2,458 | = |
| Legal reserve130 | - | €2,458 | €2,458 | €2,458 | €2,458 | = |
| Distributable reserves133 | - | €108,014 | €108,014 | €108,014 | €108,014 | = |
| Profit (loss) carried forward14 | -€182,503 | - | -€149,054 | -€280,162 | -€259,055 | ▲ 7.5% |
| Amounts payable17/49 | €409,772 | €291,813 | €341,084 | €337,663 | €353,180 | ▲ 4.6% |
| Amounts payable after more than one year17 | €486 | - | - | - | - | - |
| Amounts payable within one year42/48 | €409,286 | €291,813 | €341,084 | €337,663 | €353,180 | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | - | €198,165 | €197,678 | €197,678 | €197,678 | = |
| Financial debts43 | - | - | €88 | €88 | - | - |
| Credit institutions430/8 | - | - | €88 | €88 | - | - |
| Trade debts44 | €32,455 | €16,983 | €45,690 | €20,651 | €13,582 | ▼ 34.2% |
| Suppliers440/4 | - | €16,983 | €45,690 | €20,651 | €13,582 | ▼ 34.2% |
| Taxes, remuneration and social security45 | - | €76,666 | €97,628 | €119,245 | €141,920 | ▲ 19.0% |
| Taxes450/3 | - | €72,642 | €81,132 | €112,476 | €141,920 | ▲ 26.2% |
| Remuneration and social security454/9 | - | €4,024 | €16,496 | €6,769 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,461 | €282,349 | -€149,054 | -€131,108 | -€93,808 | ▲ 28.4% |
| + Depreciation and write-downs630 | €22,783 | €25,472 | €32,010 | €32,149 | €33,469 | ▲ 4.1% |
| Operating cash flow (approximation) | €4,322 | €307,820 | -€117,044 | -€98,959 | -€60,339 | ▲ 39.0% |
| Investment in fixed assets (approximation) | - | €124,662 | -€3,382 | €0 | -€147,230 | - |
| Change in cash | - | -€3,575 | -€1,520 | -€5,122 | -€566 | ▲ 89.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
22-08
KBO administration
Address struck
Turfstraat 3 3581 Die Sitzadresse Turfstraat 3 3581 Beringen · event 03-03-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet -€149,054
Net result drops to -€149,054, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Back to profitnet €282,349
Net result €282,349 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.21
Current ratio from 0.24 to 1.21; short-term debt falls from €409,286 to €291,813.
31-12
Financial
Equity above €200,000Eq €274,667 ▲425%
Equity rises from €52,318 to €274,667.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Show earlier events
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Beringen · 1 establishment unit since 1990
Ground area
514 m²
Building footprint
124 m²
Volume, LiDAR
621 m³
Parcel 71005C0868/00W002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 19902.046.853.220
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C0868/00W002 | Flanders | 514 m² | 1 · 124 m² | 8.8 m · 2 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.
Similar companies · same sector, comparable size
INVESTEX
BE 0649.986.409
Gent · Eq €15,923
GP WASH
BE 0538.948.529
Anhée · Eq €16,080
OMD & C°
BE 0699.714.151
Koekelberg · Eq €16,135
DE STRIJKERIJ
BE 0832.662.846
Hulshout · Eq €14,939
Tounet
BE 0404.383.694
Arlon · Eq €14,867
Of 430 companies in sector 96101 we hold annual accounts for 254. 118 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
96101Personal service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439586083
Also
9925:BE0439586083
Registered
25-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.