LIMPEX
ActiveSummary
LIMPEX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €709k and a net result of €125k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+1
Solvency51▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.95 in 2024; short-term debt: 24.9% and cash: 1.1% of total assets), and 74.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.9%
Return on assets
4.6%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
37 d early
2023
43 d early
2022
38 d early
2021
59 d early
2020
37 d early
2019
51 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€709k▲ 16.3%
2024 · €609k
2018: €325klowest in 8 years
2019: €351k▲ +7.8% vs 2018
2020: €360k▲ +2.6% vs 2019
2021: €424k▲ +17.9% vs 2020
2022: €486k▲ +14.6% vs 2021
2023: €550k▲ +13.1% vs 2022
2024: €609k▲ +10.9% vs 2023
2025: €709k▲ +16.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.74M▲ 24.1%
2024 · €2.21M
2018: €868klowest in 8 years
2019: €1.02M▲ +18.0% vs 2018
2020: €1.18M▲ +15.2% vs 2019
2021: €1.17M▼ -0.7% vs 2020
2022: €1.77M▲ +51.0% vs 2021
2023: €1.78M▲ +0.3% vs 2022
2024: €2.21M▲ +24.3% vs 2023
2025: €2.74M▲ +24.1% vs 2024highest in 8 years
2018 → 2025
Net result
€125k▲ 57.2%
2024 · €80k
2018: €20k
2019: €25k▲ +28.5% vs 2018
2020: €9k▼ -63.9% vs 2019lowest in 8 years
2021: €64k▲ +599% vs 2020
2022: €87k▲ +35.5% vs 2021
2023: €96k▲ +10.1% vs 2022
2024: €80k▼ -16.9% vs 2023
2025: €125k▲ +57.2% vs 2024highest in 8 years
2018 → 2025
Working capital
€223k▼ 49.5%
2024 · €442k
2018: €219k
2019: €217k▼ -0.9% vs 2018
2020: €173k▼ -20.5% vs 2019lowest in 8 years
2021: €222k▲ +28.4% vs 2020
2022: €271k▲ +22.0% vs 2021
2023: €369k▲ +36.4% vs 2022
2024: €442k▲ +19.8% vs 2023highest in 8 years
2025: €223k▼ -49.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€424k-€486k▲ 14.6%€550k▲ 13.1%€609k▲ 10.9%€709k▲ 16.3%
2021: €424klowest in 5 years
2022: €486k▲ +14.6% vs 2021
2023: €550k▲ +13.1% vs 2022
2024: €609k▲ +10.9% vs 2023
2025: €709k▲ +16.3% vs 2024highest in 5 years
Operating result€105k-€148k▲ 41.6%€172k▲ 15.7%€167k▼ 2.6%€237k▲ 41.6%
2021: €105klowest in 5 years
2022: €148k▲ +41.6% vs 2021
2023: €172k▲ +15.7% vs 2022
2024: €167k▼ -2.6% vs 2023
2025: €237k▲ +41.6% vs 2024highest in 5 years
Net result€64k-€87k▲ 35.5%€96k▲ 10.1%€80k▼ 16.9%€125k▲ 57.2%
2021: €64klowest in 5 years
2022: €87k▲ +35.5% vs 2021
2023: €96k▲ +10.1% vs 2022
2024: €80k▼ -16.9% vs 2023
2025: €125k▲ +57.2% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.74M
Fixed assets
€1.83M ▲ 41.3%
Current assets
€905k ▼ 0.4%
Equity and liabilities €2.74M
Equity
€709k ▲ 16.3%
Debt
€2.03M ▲ 27.0%
Debt's share of the balance-sheet total rises from 72.4% to 74.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€398k▲
2024 · €321k
Cash flow
€287k▲
2024 · €233k
Current ratio
1.33▼
2024 · 1.95
Quick ratio
1.01▼
2024 · 1.59
Debt to equity
2.86▲
2024 · 2.62
ROE
17.6%▲
2024 · 13.1%
ROA
4.6%▲
2024 · 3.6%
Interest coverage
6.79▲
2024 · 6.72
Debt ≤ 1 year
€682k▲
2024 · €467k
Debt > 1 year
€1.34M▲
2024 · €1.13M
Income taxes
€55k▲
2024 · €40k
Staff costs
€56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.21M€2.74M▲
Fixed assets21/28€1.30M€1.83M▲
Tangible fixed assets22/27€1.30M€1.83M▲
Land and buildings22€1.28M€1.82M▲
Plant, machinery and equipment23€8k€10k▲
Furniture and vehicles24€5k€3k▼
Current assets29/58€909k€905k▼
Stocks and contracts in progress3€166k€214k▲
Stocks30/36€166k€214k▲
Amounts receivable within one year40/41€558k€659k▲
Trade receivables40€556k€651k▲
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€185k€30k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€2.21M€2.74M▲
Equity10/15€609k€709k▲
Contributions10/11€19k€19k=
Reserves13€591k€690k▲
Distributable reserves133€591k€690k▲
Amounts payable17/49€1.60M€2.03M▲
Amounts payable after more than one year17€1.13M€1.34M▲
Financial debts170/4€1.13M€1.34M▲
Amounts payable within one year42/48€467k€682k▲
Current portion of amounts payable after more than one year42€148k€108k▼
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€265k€400k▲
Suppliers440/4€265k€400k▲
Taxes, remuneration and social security45€24k€74k▲
Taxes450/3€24k€74k▲
Other amounts payable47/48€30k-
Accrued charges and deferred income492/3€4k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€56k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153k€161k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€324k€457k▲
Operating profit (loss)9901€167k€237k▲
Financial income75/76B€249€2k▲
Recurring financial income75€249€2k▲
Financial charges65/66B€48k€59k▲
Recurring financial charges65€48k€59k▲
Profit (loss) for the period before taxes9903€120k€180k▲
Income taxes67/77€40k€55k▲
Profit (loss) for the period9904€80k€125k▲
Profit (loss) for the period to be appropriated9905€80k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€125k▲
Transfer from equity791/2€20k€25k▲
Transfer to equity691/2€80k€125k▲
To other reserves6921€80k€125k▲
Profit to be distributed694/7€20k€25k▲
Return on contributions (dividend)694€20k€25k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €56k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97k | €169k | €93k | €153k | €161k | ▲ 5.3% |
| Other operating charges640/8 | - | €3k | €1k | €3k | €2k | ▼ 26.0% |
| Gross operating margin9900 | €206k | €320k | €266k | €324k | €457k | ▲ 41.0% |
| Operating profit (loss)9901 | €105k | €148k | €172k | €167k | €237k | ▲ 41.6% |
| Financial income75/76B | - | €2k | €335 | €249 | €2k | ▲ 791% |
| Recurring financial income75 | €2k | €2k | €335 | €249 | €2k | ▲ 791% |
| Financial charges65/66B | - | €18k | €26k | €48k | €59k | ▲ 23.0% |
| Recurring financial charges65 | €18k | €18k | €26k | €48k | €59k | ▲ 23.0% |
| Profit (loss) for the period before taxes9903 | €89k | €132k | €146k | €120k | €180k | ▲ 50.6% |
| Income taxes67/77 | €25k | €45k | €50k | €40k | €55k | ▲ 37.5% |
| Profit (loss) for the period9904 | €64k | €87k | €96k | €80k | €125k | ▲ 57.2% |
| Profit (loss) for the period to be appropriated9905 | €64k | €87k | €96k | €80k | €125k | ▲ 57.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.17M | €1.77M | €1.78M | €2.21M | €2.74M | ▲ 24.1% |
| Fixed assets21/28 | €514k | €925k | €832k | €1.30M | €1.83M | ▲ 41.3% |
| Tangible fixed assets22/27 | €514k | €925k | €832k | €1.30M | €1.83M | ▲ 41.3% |
| Land and buildings22 | - | €852k | €793k | €1.28M | €1.82M | ▲ 41.7% |
| Plant, machinery and equipment23 | - | €58k | €30k | €8k | €10k | ▲ 28.5% |
| Furniture and vehicles24 | - | €15k | €9k | €5k | €3k | ▼ 41.3% |
| Current assets29/58 | €658k | €845k | €943k | €909k | €905k | ▼ 0.4% |
| Stocks and contracts in progress3 | €122k | €228k | €122k | €166k | €214k | ▲ 28.6% |
| Stocks30/36 | - | €228k | €122k | €166k | €214k | ▲ 28.6% |
| Amounts receivable within one year40/41 | €474k | €580k | €757k | €558k | €659k | ▲ 18.0% |
| Trade receivables40 | - | €556k | €755k | €556k | €651k | ▲ 17.2% |
| Other amounts receivable41 | - | €24k | €2k | €3k | €8k | ▲ 171% |
| Cash at bank and in hand54/58 | €59k | €34k | €63k | €185k | €30k | ▼ 83.5% |
| Deferred charges and accrued income490/1 | - | €3k | €980 | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.17M | €1.77M | €1.78M | €2.21M | €2.74M | ▲ 24.1% |
| Equity10/15 | €424k | €486k | €550k | €609k | €709k | ▲ 16.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €424k | €467k | €531k | €591k | €690k | ▲ 16.9% |
| Distributable reserves133 | - | €467k | €531k | €591k | €690k | ▲ 16.9% |
| Amounts payable17/49 | €748k | €1.28M | €1.23M | €1.60M | €2.03M | ▲ 27.0% |
| Amounts payable after more than one year17 | €309k | €707k | €649k | €1.13M | €1.34M | ▲ 18.9% |
| Financial debts170/4 | - | €707k | €649k | €1.13M | €1.34M | ▲ 18.9% |
| Amounts payable within one year42/48 | €436k | €574k | €574k | €467k | €682k | ▲ 46.1% |
| Current portion of amounts payable after more than one year42 | - | €105k | €58k | €148k | €108k | ▼ 27.2% |
| Financial debts43 | - | €83k | €9k | - | €100k | - |
| Credit institutions430/8 | - | €75k | - | - | €100k | - |
| Other loans439 | - | €8k | €9k | - | - | - |
| Trade debts44 | €195k | €336k | €443k | €265k | €400k | ▲ 51.2% |
| Suppliers440/4 | - | €336k | €443k | €265k | €400k | ▲ 51.2% |
| Taxes, remuneration and social security45 | - | €50k | €45k | €24k | €74k | ▲ 210% |
| Taxes450/3 | - | €50k | €45k | €24k | €74k | ▲ 210% |
| Other amounts payable47/48 | - | - | €20k | €30k | - | - |
| Accrued charges and deferred income492/3 | - | €3k | €3k | €4k | €8k | ▲ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €87k | €96k | €80k | €125k | ▲ 57.2% |
| + Depreciation and write-downs630 | €97k | €169k | €93k | €153k | €161k | ▲ 5.3% |
| Operating cash flow (approximation) | €161k | €256k | €189k | €233k | €287k | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | €-580k | €0 | €-618k | €-697k | ▼ 12.8% |
| Change in cash | - | €-26k | €29k | €122k | €-154k | ▼ 226% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €125k ▲57.2%
Operating result €237k, net result €125k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €500kEq €550k ▲13.1%
6 profitable years in a row build equity to €550k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €9k ▼63.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Roeselare · 1 establishment unit since 2002
Ground area
4,737 m²
Building footprint
1,013 m²
Volume, LiDAR
5,694 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Sleihagestraat(ONK) 75, 8840 Staden
since 20022.114.708.579
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014A0333/00E000 | Flanders | 3,510 m² | 1 · 740 m² | 7.7 m · 2 fl. |
| 36302B1225/00M000 | Flanders | 1,227 m² | 1 · 273 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 446 EUR awarded · 347 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 99 EUR | 0 EUR |
| 2022 | 1 | 347 EUR | 347 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteStaden2.114.708.579
Similar companies · same sector, comparable size
ECOFILLCO
BE 0808.021.975
Anzegem · Eq €709k
HADEK
BE 0474.946.444
Wevelgem · Eq €708k
Veder- en Donsfabriek Lakebos
BE 0405.493.058
Ieper · Eq €707k
PAPER AND BOARDS
BE 0863.769.954
Malle · Eq €712k
CASTERS - LANDTMETERS
BE 0413.037.381
Antwerpen · Eq €705k
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2002
Fiscal year end30-09
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.