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 60 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
62 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LIMOENGROEN from Gent, company number BE0840067015, closed financial year 2025 with a result of € 299,853 after tax. For that financial year LIMOENGROEN recorded a gross margin of € 927,406 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 252,118 to € 299,853. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ 1.2 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 299,853
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 89,928
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 132,490.
People and assets in 2025
€ 508,584
▲ 44% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,147
▲ € 57,596 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.
€ 932,966
▲ 161% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,401
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 469,111 | € -62,070 | € 737,418 | € 927,406 | ▲ 26% |
| Profit after taxes | € 50,599 | € -637,146 | € 252,118 | € 299,853 | ▲ 19% |
| Equity | € 267,665 | € 630,519 | € 882,637 | € 1,182,490 | ▲ 34% |
| Total debts | € 324,064 | € 505,177 | € 2,137,114 | € 6,210,305 | ▲ 191% |
| Cash | € 142,356 | € 192,557 | € 72,242 | € 89,928 | ▲ 24% |
| Land & buildings | € 18,588 | € 16,774 | € 26,211 | € 26,211 | |
| Retained profit | € 217,665 | € -419,481 | € -167,363 | € 132,490 | ▲ € 299,853 |
| Balance sheet total | € 766,459 | € 1,295,385 | € 3,277,104 | € 7,724,610 | ▲ 136% |
| Employees (FTE) | 5 | 6.6 | - | - |
Key figures of LIMOENGROEN, 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 October 2026.
What happened to LIMOENGROEN?
What happened at LIMOENGROEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 299,853 (▲ 19% vs 2024). Source: NBB ↗
- Upgrade Estate Group BV became a director. NBB
- Koenraad Belsack became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,599 profit in 2022 to € 299,853 profit in 2025.
Paid € 21,610 in corporate taxes since 2022.
Best year ever: 2025, with € 299,853 profit.
On average € 93,800 of value added per employee in 2022.
A new publication or filing at LIMOENGROEN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
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 2025 annual accounts
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
Amelia Earhartlaan 2 box 201
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
All companies at this address →UPGRADE ESTATE GROUP same network
€ 3 million gross margin · 2025
WESTATE same network
€ 40,264 gross margin · 2025
Timi UpKot same network
€ 643,357 gross margin · 2025
10 Upkot same network
€ 289,659 gross margin · 2025
Gandia same network
€ 43,171 gross margin · 2025
+57 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