What is the address of LIMOENGROEN?

The registered office of LIMOENGROEN is located at Amelia Earhartlaan 2 box 201, 9051 Gent.

Is LIMOENGROEN still active?

Yes. According to the CBE (31 October 2026) LIMOENGROEN is active, legal situation “Normale toestand”, started on 29 September 2011.

Is LIMOENGROEN registered on Peppol?

Yes, LIMOENGROEN is registered on the Peppol network with ID 0208:0840067015.

What is the enterprise number of LIMOENGROEN?

The enterprise number of LIMOENGROEN is BE0840067015.

When was LIMOENGROEN founded?

LIMOENGROEN was founded on 29 September 2011.

Who are the directors of LIMOENGROEN?

According to the 2026 annual accounts, the directors of LIMOENGROEN are: Upgrade Estate Group BV, Koenraad Belsack.

Is LIMOENGROEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 September 2011; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account.

How much profit did LIMOENGROEN make in 2026?

LIMOENGROEN posted a profit after taxes of € 65,914 in financial year 2026.

What is the revenue of LIMOENGROEN?

As a small company, LIMOENGROEN is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 1,225,861.

How much does an employee at LIMOENGROEN earn?

The average wage cost per full-time employee at LIMOENGROEN was € 86,000 in 2026: staff costs of € 576,383 for 6.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LIMOENGROEN have?

According to the 2026 annual accounts, LIMOENGROEN has 6.7 full-time equivalents (FTE).

LIMOENGROEN (Private Limited) - Gent - BE0840067015

Q: What does LIMOENGROEN do?

LIMOENGROEN is filed with the CBE under the catch-all “Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten”. Also registered: energy company. Private Limited, started on 29 September 2011, 1 establishment.

Dossier LIMOENGROEN, printed on 1 November 2026 from databakkes.be/en/0840067015/limoengroen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 19 % of short-term debt in 2026; threshold 65 %.
Busy address KBO

63 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2026

LIMOENGROEN from Gent, company number BE0840067015, closed financial year 2026 with a result of € 65,914 after tax. For that financial year LIMOENGROEN recorded a gross margin of € 1.2 million and equity of € 1.2 million. Compared with financial year 2025, the result moved from € 299,853 to € 65,914. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.

What it is worth Growing

€ 1.2 million

▲ 6% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 65,914

▼ 78% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 491,590

▲ € 401,663 vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 198,404.

People and assets in 2026

Full-time equivalents

6.7

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 576,383

▲ 13% vs 2025

€ 86,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3.5 million

▲ € 3.4 million vs 2025

Of which on lease € 3.4 million.

Debts at end 2026

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.7 million

€ 267,330 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 445,575

▼ 52% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 81,999

▼ 8% vs 2025

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ -62,070 Gross margin 2023: € -62,070 First fiscal year in the series	€ 737,418 Gross margin 2024: € 737,418 ▲ € 799,488 vs 2023 (€ -62,070) Favourable step	€ 927,406 Gross margin 2025: € 927,406 ▲ 26% vs 2024 (€ 737,418) Favourable step	€ 1,225,861 Gross margin 2026: € 1,225,861 ▲ 32% vs 2025 (€ 927,406) Favourable step	▲ 32%
Profit after taxes	€ -637,146 Profit after taxes 2023: € -637,146 First fiscal year in the series	€ 252,118 Profit after taxes 2024: € 252,118 ▲ € 889,265 vs 2023 (€ -637,146) Favourable step	€ 299,853 Profit after taxes 2025: € 299,853 ▲ 19% vs 2024 (€ 252,118) Favourable step	€ 65,914 Profit after taxes 2026: € 65,914 ▼ 78% vs 2025 (€ 299,853) Unfavourable step	▼ 78%
Equity	€ 630,519 Equity 2023: € 630,519 First fiscal year in the series	€ 882,637 Equity 2024: € 882,637 ▲ 40% vs 2023 (€ 630,519) Favourable step	€ 1,182,490 Equity 2025: € 1,182,490 ▲ 34% vs 2024 (€ 882,637) Favourable step	€ 1,248,404 Equity 2026: € 1,248,404 ▲ 6% vs 2025 (€ 1,182,490) Favourable step	▲ 6%
Total debts	€ 505,177 Total debts 2023: € 505,177 First fiscal year in the series	€ 2,137,114 Total debts 2024: € 2,137,114 ▲ € 1.6 million vs 2023 (€ 505,177) Unfavourable step	€ 6,210,305 Total debts 2025: € 6,210,305 ▲ 191% vs 2024 (€ 2,137,114) Unfavourable step	€ 12,185,989 Total debts 2026: € 12,185,989 ▲ 96% vs 2025 (€ 6,210,305) Unfavourable step	▲ 96%
Cash	€ 192,557 Cash 2023: € 192,557 First fiscal year in the series	€ 72,242 Cash 2024: € 72,242 ▼ 62% vs 2023 (€ 192,557) Unfavourable step	€ 89,928 Cash 2025: € 89,928 ▲ 24% vs 2024 (€ 72,242) Favourable step	€ 491,590 Cash 2026: € 491,590 ▲ € 401,663 vs 2025 (€ 89,928) Favourable step	▲ € 401,663
Land & buildings	€ 16,774 Land & buildings 2023: € 16,774 First fiscal year in the series	€ 26,211 Land & buildings 2024: € 26,211 ▲ 56% vs 2023 (€ 16,774) Unchanged	€ 26,211 Land & buildings 2025: € 26,211 Unchanged (€ 26,211) Unchanged	€ 26,211 Land & buildings 2026: € 26,211 Unchanged (€ 26,211) Unchanged
Retained profit	€ -419,481 Retained profit 2023: € -419,481 First fiscal year in the series	€ -167,363 Retained profit 2024: € -167,363 ▲ € 252,118 vs 2023 (€ -419,481) Favourable step	€ 132,490 Retained profit 2025: € 132,490 ▲ € 299,853 vs 2024 (€ -167,363) Favourable step	€ 198,404 Retained profit 2026: € 198,404 ▲ 50% vs 2025 (€ 132,490) Favourable step	▲ 50%
Bank debt	€ 0 Bank debt 2023: € 0 First fiscal year in the series	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged	€ 2,716,882 Bank debt 2026: € 2,716,882 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 1,295,385 Balance sheet total 2023: € 1,295,385 First fiscal year in the series	€ 3,277,104 Balance sheet total 2024: € 3,277,104 ▲ 153% vs 2023 (€ 1,295,385) Unchanged	€ 7,724,610 Balance sheet total 2025: € 7,724,610 ▲ 136% vs 2024 (€ 3,277,104) Unchanged	€ 13,829,339 Balance sheet total 2026: € 13,829,339 ▲ 79% vs 2025 (€ 7,724,610) Unchanged	▲ 79%
Employees (FTE)	6.6 Employees (FTE) 2023: 6.6 First fiscal year in the series	-	-	6.7 Employees (FTE) 2026: 6.7 First fiscal year in the series

Key figures of LIMOENGROEN, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to LIMOENGROEN?

What happened at LIMOENGROEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 6, 2026 New annual accounts for financial year 2026: profit of € 65,914 (▼ 78% vs 2025). Source: NBB ↗
2023 Upgrade Estate Group BV became a director. NBB
2020 Koenraad Belsack became a director. NBB
Sep 29, 2011 New establishment in Gent. KBO
Sep 29, 2011 Start of the company according to the CBE. KBO

In short

From € 637,146 loss in 2023 to € 65,914 profit in 2026.

Paid € 25,411 in corporate taxes since 2023.

Best year ever: 2025, with € 299,853 profit.

On average € 183,000 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Upgrade Estate Group BV

Koenraad Belsack

LIMOENGROEN

Upforest Oy 100%

GRO P0130 50%

ARE P0108 50%

WUU P0147 50%

Behind LIMOENGROEN are Upgrade Estate Group BV and Koenraad Belsack. It owns 100% of Upforest Oy, 50% of GRO P0130, 50% of ARE P0108 and 50% of WUU P0147 itself.

Directors

According to the 2026 annual accounts

Upgrade Estate Group BV

Director · represented by Nele Van Damme

Also active at: WUU P0147, GRO P0130, ARE P0108, UPGRADE ESTATE

since 2023

Koenraad Belsack

Director

Also active at: UPGRADE ESTATE GROUP, TER DOENAERT, WESTATE, HOTEL SAINT - SAUVEUR, Timi UpKot, 10 Upkot, Gandia, Upliving Ghent - Queen +45 more

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Amelia Earhartlaan 2 box 201

9051 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.

All companies at this address →

UPGRADE ESTATE GROUP same network

€ 2.7 million gross margin · 2026

WESTATE same network

€ 40,264 gross margin · 2025

Immostal

€ -50,350 gross margin · 2025

Timi UpKot same network

€ 643,357 gross margin · 2025

10 Upkot same network

€ 289,659 gross margin · 2025

+58 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0840.067.015

VAT number

BE 0840.067.015

Registered office

Amelia Earhartlaan 2 bus 201, 9051 Gent

Names & denominations

LIMOENGROEN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 September 2011

Peppol

Active · Active since 22 May 2025

Activities · NACE

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Productie van elektriciteit uit niet-hernieuwbare bronnen

Overige gespecialiseerde wetenschappelijke en technische activiteiten

Handel in elektriciteit

Transmissie van elektriciteit

Distributie van elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

LIMOENGROEN

Warning lights

Financials

What happened to LIMOENGROEN?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions