Limpiado
ActiveSummary
Limpiado has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €2k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▲+4
Solvency33▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.47 in 2023; short-term debt: 9.3% and cash: 0.2% of total assets), and 92.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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
7.6%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3539 sector peers (2024).
NBB · sector comparisonPosition among 3539 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
21 d late
2022
18 d late
2021
31 d late
2020
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 7.9%
2023 · €27k
2020: €15k
2021: €25k
2022: €31k
2023: €27k
2020 → 2024
Total assets
€382k▼ 3.2%
2023 · €395k
2020: €27k
2021: €32k
2022: €57k
2023: €395k
2020 → 2024
Net result
€2k
2023 · €-5k
2020: €9k
2021: €10k
2022: €6k
2023: €-5k
2020 → 2024
Working capital
€-20k▼ 5.9%
2023 · €-18k
2020: €3k
2021: €17k
2022: €18k
2023: €-18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15k-€25k▲ 66.2%€31k▲ 24.0%€27k▼ 14.9%€29k▲ 7.9%
Operating result€9k-€13k▲ 39.4%€6k▼ 49.6%€2k▼ 67.6%€17k▲ 741%
Net result€9k-€10k▲ 11.6%€6k▼ 39.7%€-5k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 741% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €382k
Fixed assets
€366k ▼ 3.3%
Current assets
€16k ▼ 1.1%
Equity and liabilities €382k
Equity
€29k ▲ 7.9%
Debt
€353k ▼ 4.0%
Debt's share of the balance-sheet total falls from 93.2% to 92.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2023 · €19k
Cash flow
€28k▲
2023 · €12k
Current ratio
0.45▼
2023 · 0.47
Quick ratio
0.31▼
2023 · 0.43
Debt to equity
12.23▼
2023 · 13.75
ROE
7.3%▲
2023 · -17.5%
ROA
0.6%▲
2023 · -1.2%
Interest coverage
3.01▲
2023 · 2.88
Debt ≤ 1 year
€36k▲
2023 · €35k
Debt > 1 year
€318k▼
2023 · €333k
Income taxes
€954▲
2023 · €269
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€395k€382k▼
Formation expenses20€0-
Fixed assets21/28€379k€366k▼
Tangible fixed assets22/27€379k€366k▼
Land and buildings22€353k€336k▼
Plant, machinery and equipment23€6k€11k▲
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€12k€14k▲
Current assets29/58€16k€16k▼
Stocks and contracts in progress3€1k€5k▲
Stocks30/36€1k€5k▲
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€11k€8k▼
Other amounts receivable41€37€0▼
Cash at bank and in hand54/58€4k€702▼
Deferred charges and accrued income490/1€531€2k▲
Equity and liabilities
Total equity and liabilities10/49€395k€382k▼
Equity10/15€27k€29k▲
Contributions10/11€7k€7k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€1k€4k▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Environmental obligations163€0-
Amounts payable17/49€368k€353k▼
Amounts payable after more than one year17€333k€318k▼
Financial debts170/4€266k€250k▼
Other amounts payable178/9€68k€68k=
Amounts payable within one year42/48€35k€36k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€739€2k▲
Suppliers440/4€739€2k▲
Taxes, remuneration and social security45€632€5k▲
Taxes450/3€632€5k▲
Other amounts payable47/48€7k€92▼
Income statement
Code20232024
Non-recurring operating income76A€18k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€26k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€100▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€471€0▼
Gross operating margin9900€28k€47k▲
Operating profit (loss)9901€2k€17k▲
Financial income75/76B€18€25▲
Recurring financial income75€18€25▲
Financial charges65/66B€7k€14k▲
Recurring financial charges65€7k€14k▲
Profit (loss) for the period before taxes9903€-4k€3k▲
Income taxes67/77€269€954▲
Profit (loss) for the period9904€-5k€2k▲
Profit (loss) for the period to be appropriated9905€-5k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€4k▲
Profit (loss) brought forward from the previous period14P€6k€1k▼
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
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼177%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2020net €10k ▲11.6%
Net result €10k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.48
Current ratio from 1.24 to 3.48; short-term debt falls from €12k to €7k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2019
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.
Krijgslaan 304B2610 AntwerpenGround area
660 m²
Building footprint
166 m²
Volume, LiDAR
1,070 m³
Parcel 11463D0319/00M007, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Limpiado
since 20192.284.930.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0319/00M007 | Flanders | 660 m² | 1 · 166 m² | 11.3 m · 3 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
CAR LUXE CLEANING
BE 0803.842.166
Sint-Agatha-Berchem · Eq €29,042
RG CLEAN
BE 1025.782.918
Namur · Eq €29,093
BMZ Solutions
BE 0713.413.026
Antwerpen · Eq €28,535
OMAZE
BE 0778.409.954
Hasselt · Eq €28,508
Aubange Auto Clean
BE 0719.494.233
Aubange · Eq €29,312
Of 3,209 companies in sector 95316 we hold annual accounts for 752. 555 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
18130Pre-press and pre-media services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.limpiado.be