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LIMOCO

Active
Private limited companyfounded 1988active for 38 yearsSeepscherf 15, 9310 Aalst, BelgiumKBO/BCE: BE 0435.021.244
Summary

LIMOCO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.5m and a net result of €24,908. Equity is growing by about 4.9% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
≈ €84,000
Estimated: probably between €38,000 and €200,000
Total assets
€1.5m▼ 7.8%
2023 · €1.6m
Net result
€24,908▼ 80.8%
2023 · €129,735
Working capital
€973,827▲ 2.3%
2023 · €952,200
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has fallen two years in a row; 2024 is 96% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.007m 2024 Net result€0.02m 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.001m-€0.008m▲ 758%-€0.01m€0.01m€0.3m▲ 19×€0.2m▼ 34.5%€0.007m▼ 95.8%
Net result€0.002m-€0.01m▲ 509%-€0.004m€0.007m€0.2m▲ 25×€0.1m▼ 25.0%€0.02m▼ 80.8%
Equity€1.2m-€1.2m▲ 0.8%€1.2m▼ 0.3%€1.2m▲ 0.6%€1.4m▲ 14.6%€1.5m▲ 9.6%€1.5m▲ 1.7%
Total assets€1.2m-€1.2m▲ 0.7%€1.2m▼ 0.3%€1.2m▲ 0.9%€1.5m▲ 21.6%€1.6m▲ 12.4%€1.5m▼ 7.8%
Debt€0.001m-€0.002m▲ 13.9%€0.003m▲ 103%€0.009m▲ 185%€0.1m▲ 12×€0.2m▲ 47.7%€0.006m▼ 96.2%
Working capital€0.7m-€0.8m▲ 4.4%€0.4m▼ 46.5%€0.4m▼ 3.7%€0.6m▲ 55.3%€1.0m▲ 55.2%€1.0m▲ 2.3%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €538,258 ▲ 0.6%
Current assets €979,909 ▼ 11.9%
Equity and liabilities €1.5m
Equity €1.5m ▲ 1.7%
Debt €6,082 ▼ 96.2%
Debt's share of the balance-sheet total falls from 9.7% to 0.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.00▼
2023 · 0.11
ROE
1.6%▼
2023 · 8.7%
ROA
1.6%▼
2023 · 7.9%
Debt ≤ 1 year
€6,082▼
2023 · €160,307
Income taxes
€11,624▼
2023 · €64,121
A ratio outside any meaningful range has been withheld (balance sheet total €1.5m, equity €1.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.5m▼
Fixed assets21/28€0.5m€0.5m▲
Tangible fixed assets22/27€0.5m€0.5m▲
Land and buildings22€0.5m€0.5m▲
Financial fixed assets28€442€442=
Current assets29/58€1.1m€1.0m▼
Amounts receivable after more than one year29€0.3m€0.4m▲
Other amounts receivable291€0.3m€0.4m▲
Amounts receivable within one year40/41-€0.001m
Other amounts receivable41-€0.001m
Current investments50/53€0.8m€0.1m▼
Cash at bank and in hand54/58€0.02m€0.5m▲
Deferred charges and accrued income490/1€215€202▼
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.5m▼
Equity10/15€1.5m€1.5m▲
Contributions10/11€0.02m€0.02m=
Reserves13€1.5m€1.5m▲
Non-distributable reserves130/1€0.02m€0.02m=
Reserves not available under the articles1311€0.02m€0.02m=
Distributable reserves133€1.5m€1.5m▲
Amounts payable17/49€0.2m€0.006m▼
Amounts payable within one year42/48€0.2m€0.006m▼
Trade debts44€0.005m€0.004m▼
Suppliers440/4€0.005m€0.004m▼
Taxes, remuneration and social security45€0.2m€0.002m▼
Taxes450/3€0.2m€0.002m▼
Income statement Code20232024
Non-recurring operating income76A€0.2m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20-
Other operating charges640/8€0.004m€0.004m▼
Gross operating margin9900€0.2m€0.01m▼
Operating profit (loss)9901€0.2m€0.007m▼
Financial income75/76B€0.03m€0.03m▲
Recurring financial income75€0.03m€0.03m▲
Financial charges65/66B€120€0.004m▲
Recurring financial charges65€120€0.004m▲
Profit (loss) for the period before taxes9903€0.2m€0.04m▼
Income taxes67/77€0.06m€0.01m▼
Profit (loss) for the period9904€0.1m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.1m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.2m€0.02m▼
Profit (loss) brought forward from the previous period14P€1.1m-
Transfer to equity691/2€1.2m€0.02m▼
To the legal reserve6920€0.1m-
To other reserves6921€1.1m€0.02m▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A---€31,619-€182,748--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,208€23,912€11,366€11,122€8,047€20--
Other operating charges640/8---€5,209€6,399€4,258€3,866▼ 9.2%
Gross operating margin9900€38,037€36,742€3,866€29,926€269,332€171,318€10,917▼ 93.6%
Operating profit (loss)9901€962€8,252-€13,095€13,595€254,886€167,040€7,051▼ 95.8%
Financial income75/76B----€5,143€26,937€33,964▲ 26.1%
Recurring financial income75-€389€9,837-€5,143€26,937€33,964▲ 26.1%
Financial charges65/66B---€542€130€120€4,485▲ 37×
Recurring financial charges65€603€229€717€542€130€120€4,485▲ 37×
Profit (loss) for the period before taxes9903€359€8,412-€3,975€13,052€259,899€193,857€36,531▼ 81.2%
Transfer from deferred taxes780---€1,578€12,221---
Income taxes67/77€320€142€1,333€7,604€99,144€64,121€11,624▼ 81.9%
Profit (loss) for the period9904€1,616€9,849-€3,730€7,026€172,976€129,735€24,908▼ 80.8%
Transfer from tax-exempt reserves789---€3,064€23,733---
Profit (loss) for the period to be appropriated9905€4,681€12,913-€665€10,091€196,709€129,735€24,908▼ 80.8%
Line2018201920202021202220232024Change
Assets
Total assets20/58€1.2m€1.2m€1.2m€1.2m€1.5m€1.6m€1.5m▼ 7.8%
Fixed assets21/28€0.5m€0.4m€0.8m€0.8m€0.7m€0.5m€0.5m▲ 0.6%
Tangible fixed assets22/27€0.5m€0.4m€0.8m€0.8m€0.7m€0.5m€0.5m▲ 0.6%
Land and buildings22---€0.8m€0.7m€0.5m€0.5m▲ 0.6%
Financial fixed assets28€442€442€442€442€442€442€442=
Current assets29/58€0.7m€0.8m€0.4m€0.4m€0.7m€1.1m€1.0m▼ 11.9%
Amounts receivable after more than one year29---€0.06m€0.07m€0.3m€0.4m▲ 7.0%
Other amounts receivable291---€0.06m€0.07m€0.3m€0.4m▲ 7.0%
Amounts receivable within one year40/41€0.3m€0.4m€0.03m€0.002m--€0.001m-
Trade receivables40---€0.002m----
Other amounts receivable41------€0.001m-
Current investments50/53€0.3m€0.3m€0.3m€0.3m€0.3m€0.8m€0.1m▼ 82.2%
Cash at bank and in hand54/58€0.07m€0.05m€0.05m€0.01m€0.3m€0.02m€0.5m▲ 26×
Deferred charges and accrued income490/1-----€215€202▼ 5.9%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.2m€1.2m€1.5m€1.6m€1.5m▼ 7.8%
Equity10/15€1.2m€1.2m€1.2m€1.2m€1.4m€1.5m€1.5m▲ 1.7%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.06m€0.06m€0.06m€0.06m€0.2m€1.5m€1.5m▲ 1.7%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m=
Reserves not available under the articles1311---€0.02m€0.02m€0.02m€0.02m=
Tax-exempt reserves132---€0.02m----
Distributable reserves133---€0.01m€0.2m€1.5m€1.5m▲ 1.7%
Profit (loss) carried forward14€1.1m€1.1m€1.1m€1.1m€1.1m---
Provisions and deferred taxes16€0.02m€0.02m€0.01m€0.01m----
Deferred taxes168---€0.01m----
Amounts payable17/49€0.001m€0.002m€0.003m€0.009m€0.1m€0.2m€0.006m▼ 96.2%
Amounts payable within one year42/48€0.001m€0.002m€0.003m€0.009m€0.1m€0.2m€0.006m▼ 96.2%
Trade debts44€161€0.002m€0.002m€0.002m€0.004m€0.005m€0.004m▼ 33.7%
Suppliers440/4---€0.002m€0.004m€0.005m€0.004m▼ 33.7%
Taxes, remuneration and social security45---€0.007m€0.1m€0.2m€0.002m▼ 98.4%
Taxes450/3---€0.007m€0.1m€0.2m€0.002m▼ 98.4%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€1,616€9,849-€3,730€7,026€172,976€129,735€24,908▼ 80.8%
+ Depreciation and write-downs630€32,208€23,912€11,366€11,122€8,047€20--
Operating cash flow (approximation)€33,824€33,760€7,637€18,148€181,022€129,756€24,908▼ 80.8%
Investment in fixed assets (approximation)-€0-€362,668-€31,619€49,694€208,752-€3,281-
Change in cash--€14,863€1,236-€42,011€303,194-€295,470€468,016-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 28-08-2025 2025-00443840
31-12-2023 micro format 21-08-2024 2024-00358990
31-12-2022 micro format 30-08-2023 2023-00377249
31-12-2021 micro format 25-08-2022 2022-20317198
31-12-2020 micro format 30-09-2021 2021-70100425
31-12-2019 micro format 23-09-2020 2020-54900589
31-12-2018 micro format 30-08-2019 2019-62800551
31-12-2017 micro format 31-08-2018 2018-58700449
31-12-2016 micro format 30-08-2017 2017-51900268
31-12-2015 abbreviated format 30-11-2016 2016-69200178

Show all 35 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.