LIMMO TEAM
ActiveLIMMO TEAM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €-49k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-31
Solvency42▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2023; short-term debt: 47.7% and cash: 0.2% of total assets), and 82.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
17.3%
Return on assets
-6.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-49k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
30 d late
2021
2 d early
2020
on the day
2019
151 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▼ 27.1%
2023 · €180k
2018: €91k
2019: €248k
2020: €263k
2021: €263k
2022: €212k
2023: €180k
2018 → 2024
Total assets
€756k▼ 6.7%
2023 · €810k
2018: €1.06M
2019: €765k
2020: €819k
2021: €973k
2022: €865k
2023: €810k
2018 → 2024
Net result
€-49k▼ 50.8%
2023 · €-32k
2018: €18k
2019: €-138k
2020: €15k
2021: €638
2022: €-52k
2023: €-32k
2018 → 2024
Working capital
€-355k▼ 3.8%
2023 · €-342k
2018: €-696k
2019: €-400k
2020: €-343k
2021: €-332k
2022: €-348k
2023: €-342k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€263k-€263k▲ 0.2%€212k▼ 19.6%€180k▼ 15.2%€131k▼ 27.1%
Operating result€21k-€10k▼ 52.8%€-46k€-27k▲ 41.3%€-44k▼ 62.2%
Net result€15k-€638▼ 95.6%€-52k€-32k▲ 37.5%€-49k▼ 50.8%
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 €44k in 2024 against €27k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €756k
Fixed assets
€750k▼ 6.7%
Current assets
€6k▼ 11.0%
Equity and liabilities €756k
Equity
€131k▼ 27.1%
Provisions
€40k=
Debt
€585k▼ 1.0%
The debt ratio rises from 72.9% to 77.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2023 · €28k
Cash flow
€6k▼
2023 · €23k
Solvency
17.3%▼
2023 · 22.2%
Current ratio
0.02▼
2023 · 0.02
Quick ratio
0.02▼
2023 · 0.02
Debt / equity
4.47▲
2023 · 3.29
ROE
-37.2%▼
2023 · -18.0%
ROA
-6.4%▼
2023 · -4.0%
Interest coverage
2.24▼
2023 · 5.51
Debt
€585k▼
2023 · €591k
Debt ≤ 1 year
€361k▲
2023 · €348k
Debt > 1 year
€224k▼
2023 · €242k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€810k€756k▼
Fixed assets21/28€804k€750k▼
Tangible fixed assets22/27€804k€750k▼
Land and buildings22€803k€749k▼
Plant, machinery and equipment23-€279
Furniture and vehicles24€368€207▼
Current assets29/58€6k€6k▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€810k€756k▼
Equity10/15€180k€131k▼
Contributions10/11€301k€301k=
Reserves13€59k€59k=
Distributable reserves133€59k€59k=
Profit (loss) carried forward14€-181k€-229k▼
Provisions and deferred taxes16€40k€40k=
Provisions for liabilities and charges160/5€40k€40k=
Major repairs and maintenance162€40k€40k=
Amounts payable17/49€591k€585k▼
Amounts payable after more than one year17€242k€224k▼
Financial debts170/4€242k€224k▼
Amounts payable within one year42/48€348k€361k▲
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€54€2k▲
Suppliers440/4€54€2k▲
Taxes, remuneration and social security45€909€180▼
Taxes450/3€909€180▼
Other amounts payable47/48€321k€331k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€54k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€33k€16k▼
Operating profit (loss)9901€-27k€-44k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€-32k€-49k▼
Profit (loss) for the period9904€-32k€-49k▼
Profit (loss) for the period to be appropriated9905€-32k€-49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-181k€-229k▼
Profit (loss) brought forward from the previous period14P€-148k€-181k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
31-12
Financial
Weakest financial yearnet €-138k ▼888%
Net result drops to €-138k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €248k ▲172%
Equity rises from €91k to €248k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Halle · 1 establishment unit since 2009
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.
Suikerkaai 121500 HalleGround area
239 m²
Building footprint
239 m²
Volume, LiDAR
1,326 m³
Parcel 23412I0001/00Y004, Flanders · tallest building 12.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LIMMO TEAM
since 20092.177.973.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23412I0001/00Y004 | Flanders | 239 m² | 1 · 239 m² | 12.6 m · 1 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
URBAN2B
BE 0685.740.312
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BIOCITY
BE 0668.818.859
Tenneville · Eq €131k
HIPP-O-DROOM
BE 0823.400.237
Gent · Eq €131k
NENA
BE 0722.534.984
Grobbendonk · Eq €131k
VASTGOED SVENA
BE 0823.799.620
Geraardsbergen · Eq €131k
Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 5,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-11-2003
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:limmo.team@gmail.com