LIMAZI
ActiveSummary
LIMAZI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.86M and a net result of €381k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+8
Solvency95▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 3.28 against 3.95 in 2024; short-term debt: 19.7% and cash: 21.7% of total assets), and 30.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
69.9%
Return on assets
6.9%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
6 d early
2023
5 d late
2022
18 d early
2021
3 d early
2020
4 d late
2019
18 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€381k▲ 45.6%
2024 · €262k
2018: €56k
2019: €88k▲ +56.5% vs 2018
2020: €-425k▼ -582% vs 2019lowest value
2021: €457k▲ +208% vs 2020highest value
2022: €92k▼ -79.8% vs 2021
2024: €262k
2025: €381k▲ +45.6% vs 2024
2018 → 2025
Working capital
€2.48M▼ 5.6%
2024 · €2.62M
2018: €2.76M
2019: €2.77M▲ +0.5% vs 2018
2020: €2.63M▼ -5.1% vs 2019
2021: €3.20M▲ +21.9% vs 2020highest value
2022: €2.95M▼ -8.1% vs 2021
2024: €2.62M
2025: €2.48M▼ -5.6% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€4.21M-€4.67M▲ 10.9%€4.54M▼ 2.7%€3.70M▼ 18.6%€3.86M▲ 4.4%
2020: €4.21M
2021: €4.67M▲ +10.9% vs 2020highest value
2022: €4.54M▼ -2.7% vs 2021
2024: €3.70Mlowest value
2025: €3.86M▲ +4.4% vs 2024
Operating result€-483k-€395k€31k▼ 92.2%€244k▲ 698%€411k▲ 68.3%
2020: €-483klowest value
2021: €395k▲ +182% vs 2020
2022: €31k▼ -92.2% vs 2021
2024: €244k
2025: €411k▲ +68.3% vs 2024highest value
Net result€-425k-€457k€92k▼ 79.8%€262k▲ 184%€381k▲ 45.6%
2020: €-425klowest value
2021: €457k▲ +208% vs 2020highest value
2022: €92k▼ -79.8% vs 2021
2024: €262k
2025: €381k▲ +45.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.52M
Fixed assets
€1.96M ▼ 1.3%
Current assets
€3.56M ▲ 1.5%
Equity and liabilities €5.52M
Equity
€3.86M ▲ 4.4%
Debt
€1.66M ▼ 7.5%
Debt's share of the balance-sheet total falls from 32.7% to 30.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€594k▲
2024 · €333k
Cash flow
€564k▲
2024 · €351k
Current ratio
3.28▼
2024 · 3.95
Quick ratio
1.16▼
2024 · 1.37
Debt to equity
0.43▼
2024 · 0.49
ROE
9.9%▲
2024 · 7.1%
ROA
6.9%▲
2024 · 4.8%
Interest coverage
10.01▲
2024 · 5.31
Debt ≤ 1 year
€1.09M▲
2024 · €888k
Debt > 1 year
€577k▼
2024 · €910k
Income taxes
€84k▲
2024 · €39k
Staff costs
€1.21M▲
2024 · €1.09M
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.49M€5.52M▲
Fixed assets21/28€1.98M€1.96M▼
Intangible fixed assets21€115k€216k▲
Tangible fixed assets22/27€1.87M€1.74M▼
Land and buildings22€963k€954k▼
Plant, machinery and equipment23€620k€534k▼
Furniture and vehicles24€55k€39k▼
Leasing and similar rights25€2k€672▼
Other tangible fixed assets26€227k€212k▼
Financial fixed assets28€458€758▲
Current assets29/58€3.51M€3.56M▲
Stocks and contracts in progress3€2.29M€2.30M▲
Stocks30/36€2.29M€2.30M▲
Amounts receivable within one year40/41€103k€44k▼
Trade receivables40€22k€8k▼
Other amounts receivable41€82k€36k▼
Current investments50/53€0-
Cash at bank and in hand54/58€1.10M€1.20M▲
Deferred charges and accrued income490/1€14k€20k▲
Equity and liabilities
Total equity and liabilities10/49€5.49M€5.52M▲
Equity10/15€3.70M€3.86M▲
Contributions10/11€463k€463k=
Capital10€463k€463k=
Issued capital100€463k€463k=
Reserves13€46k€46k=
Non-distributable reserves130/1€46k€46k=
Legal reserve130€46k€46k=
Reserves not available under the articles1311€1€1=
Distributable reserves133€17€17=
Profit (loss) carried forward14€3.19M€3.35M▲
Amounts payable17/49€1.80M€1.66M▼
Amounts payable after more than one year17€910k€577k▼
Financial debts170/4€910k€577k▼
Amounts payable within one year42/48€888k€1.09M▲
Current portion of amounts payable after more than one year42€345k€333k▼
Trade debts44€233k€303k▲
Suppliers440/4€233k€303k▲
Taxes, remuneration and social security45€118k€157k▲
Taxes450/3€108k€124k▲
Remuneration and social security454/9€10k€33k▲
Other amounts payable47/48€192k€294k▲
Income statement
Code20242025
Non-recurring operating income76A€0€2k▲
Remuneration, social security and pensions62€1.09M€1.21M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€183k▲
Other operating charges640/8€48k€50k▲
Non-recurring operating charges66A€24€2k▲
Gross operating margin9900€1.47M€1.86M▲
Operating profit (loss)9901€244k€411k▲
Financial income75/76B€120k€114k▼
Recurring financial income75€120k€114k▼
Financial charges65/66B€63k€59k▼
Recurring financial charges65€63k€59k▼
Profit (loss) for the period before taxes9903€301k€465k▲
Income taxes67/77€39k€84k▲
Profit (loss) for the period9904€262k€381k▲
Profit (loss) for the period to be appropriated9905€262k€381k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.41M€3.57M▲
Profit (loss) brought forward from the previous period14P€3.14M€3.19M▲
Profit to be distributed694/7€220k€220k=
Return on contributions (dividend)694€100k€100k=
Directors or managers695€120k€120k=
Social balance
Average headcount (FTE)908723.026.2▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €2k | - |
| Remuneration, social security and pensions62 | - | €983k | €1.12M | €1.09M | €1.21M | ▲ 11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €452k | €368k | €346k | €89k | €183k | ▲ 106% |
| Other operating charges640/8 | - | €48k | €57k | €48k | €50k | ▲ 3.1% |
| Non-recurring operating charges66A | - | €48 | €0 | €24 | €2k | ▲ 8,763% |
| Gross operating margin9900 | €954k | €1.79M | €1.56M | €1.47M | €1.86M | ▲ 26.6% |
| Operating profit (loss)9901 | €-483k | €395k | €31k | €244k | €411k | ▲ 68.3% |
| Financial income75/76B | - | €114k | €123k | €120k | €114k | ▼ 5.1% |
| Recurring financial income75 | €110k | €114k | €123k | €120k | €114k | ▼ 5.1% |
| Financial charges65/66B | - | €47k | €51k | €63k | €59k | ▼ 5.3% |
| Recurring financial charges65 | €51k | €47k | €51k | €63k | €59k | ▼ 5.3% |
| Profit (loss) for the period before taxes9903 | €-424k | €461k | €102k | €301k | €465k | ▲ 54.5% |
| Income taxes67/77 | €512 | €4k | €10k | €39k | €84k | ▲ 115% |
| Profit (loss) for the period9904 | €-425k | €457k | €92k | €262k | €381k | ▲ 45.6% |
| Profit (loss) for the period to be appropriated9905 | €-425k | €457k | €92k | €262k | €381k | ▲ 45.6% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.15M | €6.45M | €6.44M | €5.49M | €5.52M | ▲ 0.5% |
| Fixed assets21/28 | €2.92M | €2.58M | €2.61M | €1.98M | €1.96M | ▼ 1.3% |
| Intangible fixed assets21 | €28k | €22k | €13k | €115k | €216k | ▲ 87.4% |
| Tangible fixed assets22/27 | €2.89M | €2.55M | €2.60M | €1.87M | €1.74M | ▼ 6.8% |
| Land and buildings22 | - | €2.14M | €2.01M | €963k | €954k | ▼ 0.9% |
| Plant, machinery and equipment23 | - | €360k | €533k | €620k | €534k | ▼ 13.9% |
| Furniture and vehicles24 | - | €52k | €50k | €55k | €39k | ▼ 28.8% |
| Leasing and similar rights25 | - | - | - | €2k | €672 | ▼ 59.5% |
| Other tangible fixed assets26 | - | - | - | €227k | €212k | ▼ 6.6% |
| Financial fixed assets28 | €458 | €458 | €458 | €458 | €758 | ▲ 65.5% |
| Current assets29/58 | €3.23M | €3.88M | €3.84M | €3.51M | €3.56M | ▲ 1.5% |
| Stocks and contracts in progress3 | €1.81M | €1.91M | €2.31M | €2.29M | €2.30M | ▲ 0.2% |
| Stocks30/36 | - | €1.91M | €2.31M | €2.29M | €2.30M | ▲ 0.2% |
| Amounts receivable within one year40/41 | €70k | €81k | €218k | €103k | €44k | ▼ 57.0% |
| Trade receivables40 | - | €10k | €59k | €22k | €8k | ▼ 62.0% |
| Other amounts receivable41 | - | €71k | €158k | €82k | €36k | ▼ 55.7% |
| Current investments50/53 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €1.33M | €1.89M | €1.29M | €1.10M | €1.20M | ▲ 9.1% |
| Deferred charges and accrued income490/1 | - | €0 | €17k | €14k | €20k | ▲ 45.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.15M | €6.45M | €6.44M | €5.49M | €5.52M | ▲ 0.5% |
| Equity10/15 | €4.21M | €4.67M | €4.54M | €3.70M | €3.86M | ▲ 4.4% |
| Contributions10/11 | €584k | €584k | €584k | €463k | €463k | = |
| Capital10 | - | €584k | €584k | €463k | €463k | = |
| Issued capital100 | - | €584k | €584k | €463k | €463k | = |
| Reserves13 | €58k | €58k | €58k | €46k | €46k | = |
| Non-distributable reserves130/1 | - | €58k | €58k | €46k | €46k | = |
| Legal reserve130 | - | €58k | €58k | €46k | €46k | = |
| Reserves not available under the articles1311 | - | €2 | €2 | €1 | €1 | = |
| Distributable reserves133 | - | €22 | €22 | €17 | €17 | = |
| Profit (loss) carried forward14 | €3.57M | €4.03M | €3.90M | €3.19M | €3.35M | ▲ 5.1% |
| Amounts payable17/49 | €1.93M | €1.78M | €1.90M | €1.80M | €1.66M | ▼ 7.5% |
| Amounts payable after more than one year17 | €1.33M | €1.11M | €1.01M | €910k | €577k | ▼ 36.6% |
| Financial debts170/4 | - | €1.11M | €1.01M | €910k | €577k | ▼ 36.6% |
| Amounts payable within one year42/48 | €600k | €670k | €890k | €888k | €1.09M | ▲ 22.4% |
| Current portion of amounts payable after more than one year42 | - | €355k | €345k | €345k | €333k | ▼ 3.5% |
| Trade debts44 | €101k | €106k | €314k | €233k | €303k | ▲ 30.3% |
| Suppliers440/4 | - | €106k | €314k | €233k | €303k | ▲ 30.3% |
| Taxes, remuneration and social security45 | - | €148k | €148k | €118k | €157k | ▲ 32.6% |
| Taxes450/3 | - | €128k | €129k | €108k | €124k | ▲ 15.1% |
| Remuneration and social security454/9 | - | €20k | €19k | €10k | €33k | ▲ 214% |
| Other amounts payable47/48 | - | €62k | €83k | €192k | €294k | ▲ 52.7% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-425k | €457k | €92k | €262k | €381k | ▲ 45.6% |
| + Depreciation and write-downs630 | €452k | €368k | €346k | €89k | €183k | ▲ 106% |
| Operating cash flow (approximation) | €27k | €825k | €438k | €351k | €564k | ▲ 60.8% |
| Investment in fixed assets (approximation) | - | €-27k | €-379k | - | €-157k | - |
| Change in cash | - | €559k | €-599k | - | €100k | - |
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
17-09
State Gazette act
Reappointments: EBM INVEST BV, Elro CommV and 3 othersPermanent representatives: Roels Birgen, Roels Els and 2 others14 facts ▸
State Gazette act
Reappointments: EBM INVEST BV, Elro CommV and 3 others
Permanent representatives: Roels Birgen, Roels Els and 2 others14 facts ▸
- General meeting, 28-06-2025
- Director reappointment, EBM INVEST BV (director)
- Permanent representative, Roels Birgen (permanent representative)
- Director reappointment, Elro CommV (director)
- Permanent representative, Roels Els (permanent representative)
- Director reappointment, Varo Coaching & Consulting BV (director)
- Permanent representative, Roels Mieke (permanent representative)
- Director reappointment, Roels Dirk (director)
- Director reappointment, Diri Management VOF (director)
- Permanent representative, Claeys Rita (permanent representative)
- Board meeting, 28-06-2025
- Director reappointment, Roels Dirk (managing director)
- +2 further facts in this act
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €457k
Net result €457k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
31-12
Financial
Weakest financial yearnet €-425k
Net result drops to €-425k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2025
This board is reconstructed from a single act (26116742). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
DIRI MANAGEMENT
CurrentDirector · since 28-06-2025 · General partnership · perm. rep.: Claeys Rita
EBM INVEST
CurrentDirector · since 28-06-2025 · Private limited company · perm. rep.: Roels Birgen
Elro
CurrentDirector · since 28-06-2025 · Limited partnership · perm. rep.: Roels Els
Roels Dirk
CurrentDirector · since 28-06-2025
VARO COACHING & CONSULTING
CurrentDirector · since 28-06-2025 · Private limited company · perm. rep.: Roels Mieke
28-06-2025
DIRI MANAGEMENT: Mandate renewed as Director
28-06-2025
DIRI MANAGEMENT: Mandate renewed as Managing director
28-06-2025
EBM INVEST: Mandate renewed as Director
28-06-2025
EBM INVEST: Mandate renewed as Managing director
28-06-2025
Elro: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lichtervelde · 4 establishment units since 2004
Ground area
1.0 ha
Building footprint
4,805 m²
Volume, LiDAR
26,523 m³
4 parcels, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
4 establishment units
ARTEX FASHION
since 20042.144.937.343
Artex Fashion
since 20042.239.749.992
Artex Fashion
since 20042.239.751.675
Artex Fashion
since 20242.360.783.426
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0432/00F003 | Flanders | 3,949 m² | 1 · 1,847 m² | 7.1 m · 2 fl. |
| 36011E1478/00G000 | Flanders | 3,120 m² | 1 · 1,734 m² | 8.0 m · 2 fl. |
| 36505B1190/00A000 | Flanders | 2,031 m² | 1 · 572 m² | - |
| 43010C0075/00F000 | Flanders | 984 m² | 1 · 652 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Who signs
“• Diri Management VOF (Ondernemingsnummer: 0789.261.482), met zetel te Cauwenteynestraat 3, 8750 Wingene, vertegenwoordigd door haar vaste vertegenwoordiger, mevrouw Claeys Rita, wonende te Cauwenteynestraat 3, 8750 Wingene, tot gedelegeerd bestuurder. Algemene vertegenwoordigingsbevoegdheid In…”
Full text
• Diri Management VOF (Ondernemingsnummer: 0789.261.482), met zetel te Cauwenteynestraat 3, 8750 Wingene, vertegenwoordigd door haar vaste vertegenwoordiger, mevrouw Claeys Rita, wonende te Cauwenteynestraat 3, 8750 Wingene, tot gedelegeerd bestuurder. Algemene vertegenwoordigingsbevoegdheid In overeenstemming met de statuten wordt de vennootschap in en buiten rechte vertegenwoordigd door de meerderheid van de leden van de raad van bestuur, evenals door elk gedelegeerd bestuurder, alleen optredend.
Daily management
The delegates act alone
Structure & network
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 26,716 EUR awarded · 31,855 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,181 EUR | 6,772 EUR |
| 2024 | 2 | 14,451 EUR | 12,599 EUR |
| 2023 | 2 | 4,162 EUR | 9,562 EUR |
| 2022 | 1 | 2,922 EUR | 2,922 EUR |
Schemes
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 476 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
47512Retail sale of household textiles and bedding
Scores and ratios are computed by Checked and are not a credit decision.