Equity
€352,090 ▼ 7.0%
LIMMODEC paid out €51,173 in dividends. That is 207% of the 2025 profit.
LIMMODEC
Lifetime
3 annual accounts with figures on one time axispeak €250,804 (2025)
€250,804▲ 38.9%
peak €37,570 (2024)
€24,673▼ 34.3%
peak €378,590 (2024)
€352,090▼ 7.0%
€3.6m▲ 187%
Board1 name since 2023
1 directorDE CLERCQ, Lieven
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from €180,514 to €250,804Result from €37,570 to €24,673Dividend €51,173Debts from €1.2m to €3.6mInvestments €902,078Cash from €8,266 to €19,726
Key points
from the 2025 annual accountsTurnover
≈ €280,000 estimated
The abbreviated format states no turnover.
Debts
€3.6m 91% of the balance sheet
Financial debts 76%Suppliers 7%Taxes and wages 1%Other 16%
Of this, €863,554 falls due within a year.
Securities
€330,000
Mortgages, new in 2025. 93.7% of equity · not in the 2024 accounts.
Investments
€902,078 5.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 47.5% higher than in 2024.
Liquidity
1.92 was 0.32 in 2024
Short-term debts rose from €260,009 to €863,554.
Checked score
89
Excellent
Financially stronger than 40% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.3%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.92, cash €19,726
lowers risk
Size: total assets €3.9m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 14-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 27% of them on solvency, 39% on liquidity, 70% on profitability and 25% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as LIMMODEC has now. Each dot stands for 4 companies, two years later.
95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LIMMODEC itself is lower: 0.2% within 12 months. It rests on far more data about LIMMODEC than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,514 companies, not a prediction for LIMMODEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (0.32 in 2024), above the usual 1.5. Short-term debt is 21.9% and cash 0.5% of total assets. However, 91.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
17 days early
2024
28 days early
2023
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 26 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803096751
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen · Deinze
Incorporation
Founding capital of €550,822.17, 186 shares · Founder: LIEVEN DE CLERCQ · Appointment: DE CLERCQ, Lieven (director) · published on 27-06-2023 · Gazette deed
First establishment
Gaversesteenweg 44, Deinze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LIMMODEC Deinze | €3.9m | €250,804 | 8.9% | - |
| Warehouse 44 Bastogne | €4.1m | €298,082 | 98.9% | - |
| STONES@WORK INVESTMENTS IV Antwerp | €3.5m | €210,155 | 34.4% | - |
| Badepro Sint-Niklaas | €3.1m | €315,399 | 2.4% | - |
| MACTO Ghent | €4.2m | €174,486 | 17.6% | - |
| Mercator Vastgoed Lommel | €3.1m | €255,396 | 14.6% | - |
| BD Real Estate Bornem | €4.4m | €285,416 | 97.8% | - |
These companies have the same main activity as LIMMODEC: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €3.1m and €4.4m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 23-06-2023Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.346.744.3589800 Deinze, since 23-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-11-2025
Annual accounts 2025
- €3.9m▲ 142%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on LIMMODEC
LIMMODEC files the abbreviated format. That format states no turnover. The gross margin rose from €122,517 in 2023 to €250,804 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LIMMODEC
- What is the company number of LIMMODEC?
- The company number of LIMMODEC is 0803.096.751. The VAT number is the same number with BE in front: BE 0803.096.751.
- Where is LIMMODEC based?
- The registered office is at Gaversesteenweg 44, 9800 Deinze.Company details
- What does LIMMODEC do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of LIMMODEC?
- LIMMODEC is a private limited company (BV).
- When was LIMMODEC founded?
- LIMMODEC was founded on 23-06-2023.
- Is LIMMODEC still active?
- Yes, LIMMODEC is an active enterprise in the KBO register.
- What is the turnover of LIMMODEC?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €250,804 and 38 comparable companies (NACE 68201). It probably lies between €250,000 and €310,000.Financials
- Is LIMMODEC profitable?
- In financial year 2025, LIMMODEC made a profit of €24,673.
- Where can I find the annual accounts of LIMMODEC?
- LIMMODEC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIMMODEC due?
- LIMMODEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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