SAID LIMO

Active

Private limited companyfounded 20197 yrs activeKolomstraat 1A, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0726.889.789

The computed 12-month bankruptcy probability of SAID LIMO is 5.5% (elevated). The 2024 annual accounts show equity of €6k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 6716 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

40 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability92▲+92

Solvency31▲+25

Growth78▲+46

Track record100

Bankruptcy probability, 12 months

5.5% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.09 against 0.36 in 2023; short-term debt: 93.9% and cash: 2.2% of total assets), and 93.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

6.1%

Return on assets

18.3%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6716 sector peers (2024).

NBB · sector comparison

Position among 6716 sector peers

Solvency

better than 19%

← weakest strongest →

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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

92 d late

2023

76 d late

2022

71 d late

2021

24 d early

2020

52 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€6k

2023 · €-12k

2020: €-1k 2021: €8k 2022: €5k 2023: €-12k

2020 → 2024

Total assets

€101k▲ 52.8%

2023 · €66k

2020: €20k 2021: €13k 2022: €47k 2023: €66k

2020 → 2024

Net result

€18k

2023 · €-17k

2020: €-7k 2021: €9k 2022: €-2k 2023: €-17k

2020 → 2024

Working capital

€-86k▼ 70.8%

2023 · €-50k

2020: €-4k 2021: €8k 2022: €-27k 2023: €-50k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-1k-€8k€5k▼ 33.1%€-12k€6k

Operating result€-6k-€9k€-2k€-17k▼ 644%€19k

Net result€-7k-€9k€-2k€-17k▼ 596%€18k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €19k after a loss of €17k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €101k

91.3%

Fixed assets €92k▲ 142%

Current assets €9k▼ 68.7%

Equity and liabilities €101k

93.9%

Equity €6k

Debt €95k

Debt finances 93.9% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€28k▲

2023 · €-11k

Cash flow

€27k▲

2023 · €-11k

Solvency

6.1%▲

2023 · -18.7%

Current ratio

0.09▼

2023 · 0.36

Quick ratio

0.09▼

2023 · 0.36

Debt / equity

15.45▲

2023 · -6.36

ROE

300.9%

ROA

18.3%▲

2023 · -26.3%

Interest coverage

104.43▲

2023 · -14.29

Debt

€95k▲

2023 · €78k

Debt ≤ 1 year

€95k▲

2023 · €78k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€66k€101k▲

Fixed assets21/28€38k€92k▲

Tangible fixed assets22/27€35k€89k▲

Plant, machinery and equipment23€27k€24k▼

Furniture and vehicles24€8k€65k▲

Financial fixed assets28€3k€3k=

Current assets29/58€28k€9k▼

Amounts receivable within one year40/41€6k€7k▲

Trade receivables40€5k€7k▲

Other amounts receivable41€186-

Cash at bank and in hand54/58€21k€2k▼

Deferred charges and accrued income490/1€1k-

Equity and liabilities

Total equity and liabilities10/49€66k€101k▲

Equity10/15€-12k€6k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-19k€-67▲

Amounts payable17/49€78k€95k▲

Amounts payable within one year42/48€78k€95k▲

Trade debts44€3k€120▼

Suppliers440/4€3k€120▼

Taxes, remuneration and social security45-€4k

Taxes450/3-€4k

Other amounts payable47/48€76k€91k▲

Income statement Code20232024

Non-recurring operating income76A€5k€146▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲

Other operating charges640/8€13k€4k▼

Gross operating margin9900€2k€32k▲

Operating profit (loss)9901€-17k€19k▲

Financial income75/76B€795-

Recurring financial income75€795-

Non-recurring financial income76B€795-

Financial charges65/66B€770€264▼

Recurring financial charges65€770€264▼

Profit (loss) for the period before taxes9903€-17k€18k▲

Profit (loss) for the period9904€-17k€18k▲

Profit (loss) for the period to be appropriated9905€-17k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-19k€-67▲

Profit (loss) brought forward from the previous period14P€-1k€-19k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Back to profitnet €18k

Net result €18k after 2 loss-making years.

15-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 76 days late

2023

31-12

Financial Weakest financial yearnet €-17k

Net result drops to €-17k, the lowest in the series; recovery starts the following year.

10-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 71 days late

2022

07-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

31-12

Financial Liquidity triplescurrent ratio 2.46

Current ratio from 0.76 to 2.46; short-term debt falls from €15k to €5k.

21-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 52 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 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, Sint-Jans-Molenbeek · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Kolomstraat 1A1080 Sint-Jans-Molenbeek

Ground area

3,700 m²

Building footprint

532 m²

Volume, LiDAR

3,916 m³