NO-LIMITS
ActiveSummary
The computed 12-month bankruptcy probability of NO-LIMITS is 2.4% (moderate). The 2024 annual accounts show negative equity (€-124k) and a net result of €3k. Equity is shrinking by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 18936 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-3
Solvency0=
Growth55▲+23
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.37 in 2023; short-term debt: 112.8% and cash: 1% of total assets), and equity is negative.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
-55.8%
Return on assets
1.5%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 18936 sector peers (2024).
NBB · sector comparisonPosition among 18936 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
55 d late
2022
56 d late
2021
53 d late
2020
24 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€355k▲ 20.8%
2023 · €294k
2023: €294k
2024: €355k▲ +20.8% vs 2023
2023 → 2024
EBIT margin
3.0%▲ 3.0pp
2023 · 0.0%
2023: 0.0%
2024: 3.0%▲ +7329% vs 2023
2023 → 2024
Net result
€3k
2023 · €-1k
2018: €17khighest in 7 years
2019: €974▼ -94.2% vs 2018
2020: €-67k▼ -6968% vs 2019lowest in 7 years
2021: €-54k▲ +19.4% vs 2020
2022: €-28k▲ +48.4% vs 2021
2023: €-1k▲ +95.2% vs 2022
2024: €3k▲ +348% vs 2023
2018 → 2024
Working capital
€-147k▲ 0.1%
2023 · €-147k
2018: €-65k
2019: €-46k▲ +29.4% vs 2018highest value
2021: €-137k
2023: €-147klowest value
2024: €-147k▲ +0.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€294k€355k▲ 20.8%
2023: €294k
2024: €355k▲ +20.8% vs 2023
Equity€-44k-€-98k▼ 122%€-126k▼ 28.4%€-127k▼ 1.1%€-124k▲ 2.6%
2020: €-44khighest in 5 years
2021: €-98k▼ -122% vs 2020
2022: €-126k▼ -28.4% vs 2021
2023: €-127k▼ -1.1% vs 2022lowest in 5 years
2024: €-124k▲ +2.6% vs 2023
Operating result€-61k-€-48k▲ 21.2%€-20k▲ 57.4%€-121▲ 99.4%€11k
2020: €-61klowest in 5 years
2021: €-48k▲ +21.2% vs 2020
2022: €-20k▲ +57.4% vs 2021
2023: €-121▲ +99.4% vs 2022
2024: €11k▲ +8832% vs 2023highest in 5 years
Net result€-67k-€-54k▲ 19.4%€-28k▲ 48.4%€-1k▲ 95.2%€3k
2020: €-67klowest in 5 years
2021: €-54k▲ +19.4% vs 2020
2022: €-28k▲ +48.4% vs 2021
2023: €-1k▲ +95.2% vs 2022
2024: €3k▲ +348% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €121 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222k
Fixed assets
€118k ▼ 15.7%
Current assets
€103k ▲ 22.1%
Key figures and ratios
EBITDA
€33k▲
2023 · €20k
Cash flow
€25k▲
2023 · €19k
Solvency
-55.8%▲
2023 · -56.5%
Current ratio
0.41▲
2023 · 0.37
Debt to equity
-2.79▼
2023 · -2.77
ROA
1.5%▲
2023 · -0.6%
Interest coverage
4.49▼
2023 · 16.52
Debt
€345k▼
2023 · €352k
Debt ≤ 1 year
€250k▲
2023 · €232k
Debt > 1 year
€94k▼
2023 · €119k
Staff costs
€84k▼
2023 · €94k
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 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€225k€222k▼
Fixed assets21/28€140k€118k▼
Tangible fixed assets22/27€137k€116k▼
Land and buildings22€122k€114k▼
Plant, machinery and equipment23€5k€769▼
Furniture and vehicles24€1k€741▼
Other tangible fixed assets26€9k-
Financial fixed assets28€3k€3k=
Current assets29/58€85k€103k▲
Amounts receivable within one year40/41€64k€101k▲
Trade receivables40€64k€101k▲
Cash at bank and in hand54/58€20k€2k▼
Equity and liabilities
Total equity and liabilities10/49€225k€222k▼
Equity10/15€-127k€-124k▲
Contributions10/11€25k€25k=
Outside capital11€25k€25k=
Other1109/19€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-155k€-151k▲
Amounts payable17/49€352k€345k▼
Amounts payable after more than one year17€119k€94k▼
Financial debts170/4€119k€94k▼
Amounts payable within one year42/48€232k€250k▲
Current portion of amounts payable after more than one year42-€685
Trade debts44€81k€103k▲
Suppliers440/4€81k€103k▲
Taxes, remuneration and social security45€35k€51k▲
Taxes450/3€7k€18k▲
Remuneration and social security454/9€28k€33k▲
Other amounts payable47/48€116k€96k▼
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20232024
Turnover70€294k€355k▲
Goods, raw materials, services and sundry goods60/61€180k€238k▲
Remuneration, social security and pensions62€94k€84k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€1k€184▼
Gross operating margin9900€115k€117k▲
Operating profit (loss)9901€-121€11k▲
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€-1k€3k▲
Profit (loss) for the period9904€-1k€3k▲
Profit (loss) for the period to be appropriated9905€-1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-155k€-151k▲
Profit (loss) brought forward from the previous period14P€-153k€-155k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €294k | €355k | ▲ 20.8% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €180k | €238k | ▲ 32.2% |
| Remuneration, social security and pensions62 | - | €25k | €84k | €94k | €84k | ▼ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €20k | €20k | €20k | €22k | ▲ 8.6% |
| Other operating charges640/8 | - | €3k | €1k | €1k | €184 | ▼ 81.7% |
| Gross operating margin9900 | €-3k | €-1k | €86k | €115k | €117k | ▲ 2.1% |
| Operating profit (loss)9901 | €-61k | €-48k | €-20k | €-121 | €11k | ▲ 8,832% |
| Financial income75/76B | - | €1 | €66 | €6 | €0 | ▼ 98.9% |
| Recurring financial income75 | €199 | €1 | €66 | €6 | €0 | ▼ 98.9% |
| Financial charges65/66B | - | €6k | €7k | €1k | €7k | ▲ 495% |
| Recurring financial charges65 | €6k | €6k | €7k | €1k | €7k | ▲ 495% |
| Profit (loss) for the period before taxes9903 | €-67k | €-54k | €-28k | €-1k | €3k | ▲ 348% |
| Profit (loss) for the period9904 | €-67k | €-54k | €-28k | €-1k | €3k | ▲ 348% |
| Profit (loss) for the period to be appropriated9905 | €-67k | €-54k | €-28k | €-1k | €3k | ▲ 348% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €195k | €187k | €158k | €225k | €222k | ▼ 1.5% |
| Fixed assets21/28 | €195k | €176k | €158k | €140k | €118k | ▼ 15.7% |
| Tangible fixed assets22/27 | €192k | €172k | €155k | €137k | €116k | ▼ 16.0% |
| Land and buildings22 | - | €139k | €131k | €122k | €114k | ▼ 6.9% |
| Plant, machinery and equipment23 | - | €3k | €3k | €5k | €769 | ▼ 84.7% |
| Furniture and vehicles24 | - | - | €1k | €1k | €741 | ▼ 30.5% |
| Other tangible fixed assets26 | - | €29k | €19k | €9k | - | - |
| Financial fixed assets28 | €4k | €4k | €3k | €3k | €3k | = |
| Current assets29/58 | - | €11k | - | €85k | €103k | ▲ 22.1% |
| Amounts receivable within one year40/41 | - | €3k | - | €64k | €101k | ▲ 57.6% |
| Trade receivables40 | - | €3k | - | €64k | €101k | ▲ 57.6% |
| Cash at bank and in hand54/58 | - | €8k | - | €20k | €2k | ▼ 89.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €195k | €187k | €158k | €225k | €222k | ▼ 1.5% |
| Equity10/15 | €-44k | €-98k | €-126k | €-127k | €-124k | ▲ 2.6% |
| Contributions10/11 | - | €25k | €25k | €25k | €25k | = |
| Outside capital11 | - | - | - | €25k | €25k | = |
| Other1109/19 | - | - | - | €25k | €25k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-72k | €-125k | €-153k | €-155k | €-151k | ▲ 2.1% |
| Amounts payable17/49 | €239k | €285k | €283k | €352k | €345k | ▼ 1.9% |
| Amounts payable after more than one year17 | €116k | €135k | €119k | €119k | €94k | ▼ 21.0% |
| Financial debts170/4 | - | €135k | €119k | €119k | €94k | ▼ 21.0% |
| Amounts payable within one year42/48 | €122k | €148k | €163k | €232k | €250k | ▲ 8.0% |
| Current portion of amounts payable after more than one year42 | - | €16k | €16k | - | €685 | - |
| Financial debts43 | - | - | €386 | - | - | - |
| Credit institutions430/8 | - | - | €386 | - | - | - |
| Trade debts44 | €34k | €23k | €38k | €81k | €103k | ▲ 27.8% |
| Suppliers440/4 | - | €23k | €38k | €81k | €103k | ▲ 27.8% |
| Taxes, remuneration and social security45 | - | €12k | €2k | €35k | €51k | ▲ 47.2% |
| Taxes450/3 | - | €12k | €1k | €7k | €18k | ▲ 160% |
| Remuneration and social security454/9 | - | - | €918 | €28k | €33k | ▲ 18.6% |
| Other amounts payable47/48 | - | €97k | €106k | €116k | €96k | ▼ 17.9% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | €1k | €1k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-67k | €-54k | €-28k | €-1k | €3k | ▲ 348% |
| + Depreciation and write-downs630 | €19k | €20k | €20k | €20k | €22k | ▲ 8.6% |
| Operating cash flow (approximation) | €-48k | €-34k | €-8k | €19k | €25k | ▲ 33.8% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-3k | €0 | ▲ 100% |
| Change in cash | - | - | - | - | €-18k | - |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zaventem · 1 establishment unit since 2014
Ground area
329 m²
Building footprint
148 m²
Volume, LiDAR
1,036 m³
Parcel 23094D0325/00B002, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
No-Limits
since 20142.236.763.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0325/00B002 | Flanders | 329 m² | 1 · 148 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZaventem2.236.763.580
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 4,030 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 (pre-2019)
Founded23-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.