Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
Financials
Financial year 2025
LIMACO from Gent, company number BE0438922624, closed financial year 2025 with a result of € -550,161 after tax. For that financial year LIMACO recorded a gross margin of € -610,397 and equity of € -267,499. Compared with financial year 2024, the result moved from € 547,953 to € -550,161. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -267,499
▼ € 550,161 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -550,161
▼ still € 547,953 profit in 2024
Profit after tax over the fiscal year.
€ 31,572
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -329,499.
People and assets in 2025
€ 4,018
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,775
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,485
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 584,520 | € -595,496 | € 629,776 | € -610,397 | ▼ € 1.2 million |
| Profit after taxes | € 478,436 | € -601,462 | € 547,953 | € -550,161 | ▼ € 1.1 million |
| Equity | € 336,171 | € -265,291 | € 282,662 | € -267,499 | ▼ € 550,161 |
| Total debts | € 137,304 | € 2,085,026 | € 117,684 | € 1,787,778 | ▲ € 1.7 million |
| Cash | € 5,936 | € 79,293 | € 27,770 | € 31,572 | ▲ 14% |
| Retained profit | € 274,171 | € -327,291 | € 220,662 | € -329,499 | ▼ € 550,161 |
| Balance sheet total | € 473,476 | € 1,819,735 | € 400,346 | € 1,520,279 | ▲ 280% |
Key figures of LIMACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LIMACO?
What happened at LIMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NV GYMAR stepped down as director. NBB
- TMEX BV stepped down as director. NBB
- BV DELIM stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 550,161 (▼ € 1.1 million vs 2024). Source: NBB ↗
- NV GYMAR became a director. NBB
- TMEX BV became a director. NBB
- BV DELIM became a director. NBB
- New establishment in Gent. KBO
In short
From € 478,436 profit in 2022 to € 550,161 loss in 2025.
Paid € 128,568 in corporate taxes since 2022.
Best year ever: 2024, with € 547,953 profit.
Management
Establishments
Establishment units
Physical locations of this company
Maaltebruggestraat 300
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.922.624
- VAT number
- BE 0438.922.624
- Registered office
- Maaltebruggestraat 300, 9000 Gent
- Names & denominations
- LIMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 1989
- Peppol
- Active · Active since 26 Aug 2026
- Activities · NACE
Organisatie van congressen en beurzen
Organisatie van salons, tentoonstellingen en beurzen