LIMNEE (0822.186.747): financials and annual accounts

LIMNEE

Antwerp ·KBO/BCE: BE 0822.186.747

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
Total assets`20/58`	178,302	112,674	100,629	89,548	85,240	95,537	116,995	31,326	1,621	1,858	3,034	1,608	1,007	1,810	4,857	3,186
Fixed assets`21/28`	31,143	8,544	9,573	2,802	10,524	22,280	32,492	-	-	522	1,043	-	-	453	1,000	1,547
Tangible fixed assets`22/27`	29,843	7,244	8,273	1,502	10,524	22,090	32,302	-	-	522	1,043	-	-	453	1,000	1,547
Plant, machinery and equipment`23`	-	-	0	297	649	2,340	2,677	-	-	522	1,043	-	-	453	1,000	1,547
Furniture and vehicles`24`	25,316	6,557	7,327	0	9,875	19,750	29,625	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	4,528	687	946	1,206	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	1,300	1,300	1,300	1,300	0	190	190	-	-	-	-	-	-	-	-	-
Current assets`29/58`	147,158	104,131	91,056	86,746	74,716	73,257	84,503	31,326	1,621	1,337	1,991	1,608	1,007	1,357	3,857	1,639
Amounts receivable after more than one year`29`	0	23,440	15,527	7,121	12,181	13,113	13,301	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	0	23,440	15,527	7,121	12,181	13,113	13,301	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	89,255	38,032	51,076	38,350	21,480	35,140	7,821	19,841	761	555	1,274	7	603	1,349	1,952	705
Trade receivables`40`	88,905	20,796	19,878	21,120	3,995	22,505	6,416	18,436	596	423	1,270	7	603	700	1,575	-
Other amounts receivable`41`	350	17,236	31,198	17,229	17,486	12,635	1,405	1,405	165	132	4	-	-	649	377	705
Cash at bank and in hand`54/58`	56,114	39,909	19,555	33,720	33,872	23,714	63,181	11,485	860	782	717	1,601	404	7	1,906	934
Deferred charges and accrued income`490/1`	1,790	2,750	4,898	7,554	7,182	1,290	200	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	178,302	112,674	100,629	89,548	85,240	95,537	116,995	31,326	1,621	1,858	3,034	1,608	1,007	1,810	4,857	3,186
Equity`10/15`	112,694	90,341	71,764	57,824	59,543	61,544	60,504	12,542	-3,348	-1,347	-1,088	-2,929	-1,784	1,261	4,313	2,925
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	6,200
Issued capital`100`	-	-	-	-	-	-	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550	18,550
Uncalled capital`101`	-	-	-	-	-	-	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	12,350
Reserves`13`	100,294	77,941	59,364	49,144	49,144	49,144	48,104	142	-	-	-	-	-	-	-	-
Non-distributable reserves`130/1`	1,855	1,855	1,855	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,855	142	-	-	-	-	-	-	-	-
Reserves not available under the articles`1311`	1,855	1,855	1,855	1,855	1,855	1,855	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	98,439	76,086	57,509	47,289	47,289	47,289	46,249	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	0	-	0	-3,721	-2,002	-	-	-	-15,748	-13,747	-13,488	-15,329	-14,184	-11,139	-8,087	-3,275
Amounts payable`17/49`	65,608	22,334	28,864	31,724	25,697	33,993	56,491	18,784	4,969	3,205	4,122	4,537	2,791	549	544	261
Amounts payable after more than one year`17`	-	-	-	-	0	8,957	22,199	-	-	-	-	-	-	-	-	-
Financial debts`170/4`	-	-	-	-	0	8,957	22,199	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	54,750	19,517	28,864	31,724	25,697	25,036	34,292	18,784	4,969	3,205	4,122	4,537	2,791	549	544	261
Current portion of amounts payable after more than one year`42`	7,715	6,000	6,754	6,690	12,303	18,258	19,702	-	-	-	-	-	-	-	-	-
Financial debts`43`	6,230	589	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	6,230	589	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	12,134	1,629	7,839	6,528	4,487	1,006	8,175	3,095	770	1,152	1,184	2,198	2,083	549	544	261
Suppliers`440/4`	12,134	1,629	7,839	6,528	4,487	1,006	8,175	3,095	770	1,152	1,184	2,198	2,083	549	544	261
Taxes, remuneration and social security`45`	17,270	11,298	13,372	13,928	8,906	5,772	6,415	9,288	-	-	-	395	74	-	-	-
Taxes`450/3`	17,270	11,298	4,035	3,475	3,419	3,357	5,362	9,288	-	-	-	395	74	-	-	-
Remuneration and social security`454/9`	-	0	9,337	10,453	5,488	2,415	1,053	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	11,402	0	899	4,578	-	-	-	6,401	4,199	2,053	2,938	1,943	634	-	-	-
Accrued charges and deferred income`492/3`	10,858	2,817	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	37,820	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	97,594	47,483	62,853	47,184	40,274	35,569	88,559	16,843	-732	1,000	2,952	-165	-1,957	-2,259	-3,970	-2,917
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,917
Remuneration, social security and pensions`62`	0	18,961	40,717	34,443	26,617	18,323	4,869	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	3,212	1,029	929	10,318	11,566	11,269	11,213	-	522	522	522	-	453	547	547	111
Other operating charges`640/8`	1,730	1,831	779	1,401	1,023	1,818	3,708	348	675	673	519	872	660	209	158	-
Operating profit (loss)`9901`	92,652	25,662	20,426	1,022	1,067	4,158	68,769	16,495	-1,929	-194	1,912	-1,037	-3,070	-3,015	-4,675	-3,028
Financial income`75/76B`	127	1,428	354	334	242	261	264	11	1	1	0	0	21	-	2	3
Recurring financial income`75`	127	1,428	354	334	242	261	264	11	1	1	0	0	21	-	2	3
Financial charges`65/66B`	1,276	631	808	305	649	1,014	677	72	74	65	71	109	-4	37	139	249
Recurring financial charges`65`	1,276	631	808	305	649	1,014	677	72	74	65	71	109	-4	37	139	249
Profit (loss) for the period before taxes`9903`	91,503	26,459	19,973	1,051	660	3,405	68,356	16,434	-2,001	-259	1,841	-1,145	-3,045	-3,052	-4,812	-3,274
Income taxes`67/77`	22,901	7,883	6,032	2,771	2,662	2,365	20,393	545	-	-	-	-	-	-	0	1
Profit (loss) for the period`9904`	68,602	18,576	13,941	-1,719	-2,002	1,040	47,963	15,889	-2,001	-259	1,841	-1,145	-3,045	-3,052	-4,812	-3,275
Profit (loss) for the period to be appropriated`9905`	68,602	18,576	13,941	-1,719	-2,002	1,040	47,963	15,889	-2,001	-259	1,841	-1,145	-3,045	-3,052	-4,812	-3,275
Appropriation of the result
Profit (loss) to be appropriated`9906`	68,602	18,576	10,220	-3,721	-2,002	1,040	47,963	142	-15,748	-13,747	-13,488	-15,329	-14,184	-11,139	-8,087	-3,275
Profit (loss) brought forward from the previous period`14P`	-	0	-3,721	-2,002	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	46,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	68,602	18,576	10,220	-	0	1,040	47,963	142	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	1,713	142	-	-	-	-	-	-	-	-
To other reserves`6921`	68,602	18,576	10,220	-	0	1,040	46,249	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	46,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	46,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	1	1	1	0.5	0.5	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	1,424	1,276	900	897	264	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	30-07-2026	2026-00355292	PDF
31-12-2024	micro format	31-07-2025	2025-00339462	PDF
31-12-2023	micro format	27-09-2024	2024-00475166	PDF
31-12-2022	micro format	31-07-2023	2023-00300216	PDF
31-12-2021	micro format	20-07-2022	2022-20204571	PDF
31-12-2020	micro format	25-06-2021	2021-24400387	PDF
31-12-2019	micro format	03-10-2020	2020-58700143	PDF
31-12-2018	micro format	03-06-2019	2019-15300587	PDF
31-12-2017	micro format	18-06-2018	2018-19700179	PDF
31-12-2016	micro format	01-08-2017	2017-40500047	PDF
31-12-2015	abbreviated format	29-07-2016	2016-38700211	PDF
31-12-2014	abbreviated format	02-07-2015	2015-26800195	PDF
31-12-2013	abbreviated format	28-08-2014	2014-53000202	PDF
31-12-2012	abbreviated format	06-06-2013	2013-15700558	PDF
31-12-2011	abbreviated format	09-08-2012	2012-39800191	PDF
31-12-2010	abbreviated format	28-07-2011	2011-35600579	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
EBITDA	95,864	26,692	21,356	11,340	12,633	15,428	79,982	-	-1,407	327	2,433	-	-2,617	-2,468	-4,128	-2,917
Cash flow	71,814	19,606	14,870	8,599	9,564	12,309	59,176	-	-1,480	263	2,363	-	-2,592	-2,505	-4,265	-3,164
Investment in fixed assets (approximation)	25,811	40,797	7,700	2,597	-190	1,057	43,705	-	0	0	1,565	-	0	0	0	1,658
Change in cash	16,205	20,354	-14,165	-152	10,158	-39,467	51,696	10,625	78	65	-884	1,197	396	-1,898	972	-
Working capital	92,408	84,614	62,191	55,021	49,019	48,221	50,211	12,542	-3,348	-1,868	-2,131	-2,929	-1,784	808	3,313	1,378
Solvency	63.2%	80.2%	71.3%	64.6%	69.9%	64.4%	51.7%	40.0%	-	-	-	-	-	-	-	-
Current ratio	2.69	5.34	3.15	2.73	2.91	2.93	2.46	1.67	-	-	-	-	-	-	-	-
Debt to equity	0.58	0.25	0.40	0.55	0.43	0.55	0.93	1.50	-	-	-	-	-	-	-	-
ROE	60.9%	20.6%	19.4%	-3.0%	-3.4%	1.7%	79.3%	126.7%	-	-	-	-	-	-	-	-
ROA	38.5%	16.5%	13.9%	-1.9%	-2.3%	1.1%	41.0%	50.7%	-	-	-	-	-	-	-	-
Interest coverage	75.11	42.33	26.45	37.19	19.46	-	-	-	-	-	-	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33 days

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1
full-time	0	0	0
part-time	1	1	1
in full-time equivalents	0.8	0.7	0.7
Average over the year, in full-time equivalents	0.7	0.7	0.6
On a permanent contract	1	1	1

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€25,811	€40,797	€7,700	€1,297	-
Financial fixed assets	€0	-	-	€1,300	-
Depreciation and write-downs of the year	€3,212	€1,029	€929	€10,318	€11,566

LIMNEE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency63.2%

Current ratio2.69

Return on assets38.5%

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on LIMNEE

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