Checked.be
Active
BE 0466.074.013Public limited company
LIMMART
Schepenenstraat 19 ·1050 Elsene, Belgium· 27 yrs active
Sector: General construction of residential buildings
(41001)
Conclusion
LIMMART has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.96M and a net result of €133k. Its solvency ranks better than 95% of 3845 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €1.96M |
| Net result | €133k |
| Better than sector | 95% |
| Active | 27 yrs |
Financial profile
81
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
34
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1999, 27 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€180k
estimate, not credit advice
Score history
86
2023
94
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 39.61 (≥ 1.5)
+10
Quick ratio
Quick ratio 39.61 (≥ 1.0)
+5
Leverage
Debt/equity 0.02 (< 1.0)
+10
Profitability
ROE 7%
+3
Interest coverage
Interest coverage 248.9× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-11-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.4% | 39.5% | |
| Net result | €133k | €9k | |
| Equity | €1.96M | €29k | |
| Gross operating margin | €130k | €26k | |
| Total assets | €1.99M | €85k |
€181k
+10.5%
23-24
€133k
+10.1%
23-24
€133k
+8.1%
23-24
€1.99M
+2.7%
23-24
€1.96M
+7.3%
23-24
€1.21M
+7.3%
23-24
€50k
+25.8%
23-24
€31k
-48.7%
23-24
€31k
-48.7%
23-24
39.61
+103.3%
23-24
39.61
+103.3%
23-24
98.4%
+4.5%
23-24
0.02
-52.1%
23-24
6.8%
+2.6%
23-24
6.7%
+7.2%
23-24
248.93
+9.3%
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | €181k | €164k |
| Net profit | €133k | €121k |
| Cash flow | €133k | €123k |
| Staff costs | - | - |
| Income taxes | €50k | €40k |
| Dividends | - | - |
| Total assets | €1.99M | €1.94M |
| Equity | €1.96M | €1.83M |
| Debt | €31k | €61k |
| of which ≤ 1y | €31k | €61k |
| of which > 1y | - | - |
| Working capital | €1.21M | €1.13M |
| Employees (FTE) | - | - |
Ratios (computed)
| 2024 | 2023 | |
|---|---|---|
| Current ratio | 39.61 | 19.48 |
| Quick ratio | 39.61 | 19.48 |
| Working capital ratio | 60.8% | 58.2% |
| Solvency | 98.4% | 94.2% |
| Debt / equity | 0.02 | 0.03 |
| Long-term debt ratio | - | - |
| Interest coverage | 248.93 | 227.68 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 6.7% | 6.2% |
| ROE | 6.8% | 6.6% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €1.99M | €1.94M |
| Fixed assets | 21/28 | €750k | €750k |
| Tangible fixed assets | 22/27 | €71k | €71k |
| Financial fixed assets | 28 | €679k | €679k |
| Current assets | 29/58 | €1.24M | €1.19M |
| Amounts receivable within one year | 40/41 | €312k | €341k |
| Cash & bank | 54/58 | €929k | €848k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.99M | €1.94M |
| Equity | 10/15 | €1.96M | €1.83M |
| Contributions / capital | 10/11 | €205k | €205k |
| Reserves | 13 | €135k | €135k |
| Accumulated profits (losses) | 14 | €1.62M | €1.49M |
| Provisions & deferred taxes | 16 | - | €51k |
| Amounts payable | 17/49 | €31k | €61k |
| Amounts payable within one year | 42/48 | €31k | €61k |
| Trade debts payable within one year | 44 | - | €3k |
| Income statement | |||
| Gross operating margin | 9900 | €130k | €114k |
| Operating result | 9901 | €181k | €161k |
| Financial income | 75 | €3k | €64 |
| Financial charges | 65 | €727 | €719 |
| Result before taxes | 9903 | €183k | €161k |
| Income taxes | 67/77 | €50k | €40k |
| Net result for the period | 9904 | €133k | €121k |
| Result to be appropriated | 9905 | €133k | €121k |
Legal Structure
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Public limited company(014) |
| Incorporation | 19-05-1999 |
| Status | Active |
| Postal code | 1050 |
Establishment units
Schepenenstraat 19, 1050 Elsene
since 19992.092.296.829
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0187/00Y003 | Brussels | 194 m² | 1 · 89 m² | 19.5 m · 4 fl. |
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.
Updates
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 39.61
Current ratio from 19.48 to 39.61; short-term debt falls from €61k to €31k.
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 115 days late
2023
19-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 111 days late
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 121 days late
2018
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 106 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
04-07
State Gazette act
Publication
Act object · Notarial deed · General meeting · Capital increase
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 3
04-07-2017
Capital increase: after: 5865700.00, delta: 3863700.00, amount: 5865700.0, before: 2002000.00, reason: apport de créances, category: B2, currency: EUR, shares_issued: 38637
04-07-2017
Capital increase: after: 6433800.00, delta: 568100.00, amount: 6433800.0, before: 5865700.00, reason: apport d'actions APROPLAN, category: A, currency: EUR, shares_issued: 5681
04-07-2017
Capital increase: after: 9248800.00, delta: 3500390.19, amount: 9248800.0, before: 6433800.00, reason: souscription en espèces, premium: 685390.19, category: C, currency: EUR, shares_issued: 28150
All acts · 1
updated 9 years ago
2017
04-07-2017 Act object · Notarial deed · General meeting · Capital increase
- Act object: Augmentations de capital-émissions de warrants-modifications aux statuts-démission et nomination d'administrateur. · ASPLAN
- Publication: 2017-07-04 · ASPLAN
- Filing: 2017-06-22 · ASPLAN
- Notarial deed: 2017-06-16 · ASPLAN
- General meeting: 2017-06-16 · ASPLAN
- Capital increase: after: 5865700.00, delta: 3863700.00, amount: 5865700.0, before: 2002000.00, reason: apport de créances, category: B2, currency: EUR, shares_issued: 38637 · ASPLAN
- Capital increase: after: 6433800.00, delta: 568100.00, amount: 6433800.0, before: 5865700.00, reason: apport d'actions APROPLAN, category: A, currency: EUR, shares_issued: 5681 · ASPLAN
- Capital increase: after: 9248800.00, delta: 3500390.19, amount: 9248800.0, before: 6433800.00, reason: souscription en espèces, premium: 685390.19, category: C, currency: EUR, shares_issued: 28150 · ASPLAN
- Bank account: bank: ING Belgique, iban: BE33 3630 6436 0146, amount: 1766671.17 · ASPLAN
- Share issue: name: warrants anti-dilutifs, type: warrants, count: 63, price: 0.01 EUR · ASPLAN
- Share issue: name: warrants d'indemnisation, type: warrants, count: 3, price: 0.01 EUR · ASPLAN
- Share issue: name: warrants additionnels, type: warrants, count: 5 · ASPLAN
- Share issue: name: warrants SOP, type: warrants, count: 10272 · ASPLAN
- Statute amendment: Répartition des actions en catégories A, B1, B2 et C · ASPLAN
Summary:
Act object · Notarial deed · General meeting · Capital increase
Technical details
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"name": "RUTHERFORD SA",
"attrs": {
"legal_form": "soci\u00E9t\u00E9 anonyme de droit luxembourgeois"
}
},
{
"id": "e24",
"kbo": null,
"kind": "company",
"name": "BADIANE SDC",
"attrs": {
"legal_form": "soci\u00E9t\u00E9 de droit commun"
}
},
{
"id": "e25",
"kbo": null,
"kind": "company",
"name": "MYMICROINVEST FINANCE SA",
"attrs": {
"legal_form": "soci\u00E9t\u00E9 anonyme"
}
},
{
"id": "e26",
"kbo": null,
"kind": "person",
"name": "John-Eric BERTRAND",
"attrs": {}
},
{
"id": "e27",
"kbo": null,
"kind": "person",
"name": "Renauld LACROIX",
"attrs": {}
},
{
"id": "e28",
"kbo": "0646.862.118",
"kind": "company",
"name": "FORTINO CAPITAL ARKIV SCA",
"attrs": {
"seat": "1930 Zaventem, Belgicastraat 3",
"legal_form": "SCA"
}
},
{
"id": "e29",
"kbo": null,
"kind": "person",
"name": "Matthias VANDEPITTE",
"attrs": {
"rrn": "80.03.03-389.58",
"role": "mandataire",
"address": "2020 Anvers, Acacialaan 13"
}
}
]
}Credit advice
Company registry (CBE)
Activities
General construction of residential buildings4100145211
Names & trade names
| Legal nameNL | LIMMART |
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