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 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
LIMACO from Wavre, company number BE0841955248, closed financial year 2024 with a result of € -6,690 after tax. For that financial year LIMACO recorded a gross margin of € 35,868 and equity of € -32,903. Compared with financial year 2023, the result moved from € -2,630 to € -6,690. 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 March 28, 2025.
€ -32,903
▼ € 6,736 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,690
▼ 154 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2,763
▼ 15% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -94,903.
Debts at end 2024
€ 447,311
▼ 5% vs 2023
Loans from banks and other lenders, long and short.
€ 2,796
▼ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,468
▲ 45% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 37,463 | € 37,073 | € 35,868 | ▼ 3% |
| Profit after taxes | € -2,510 | € -2,630 | € -6,690 | ▼ € 4,059 |
| Equity | € -23,536 | € -26,166 | € -32,903 | ▼ € 6,736 |
| Total debts | € 668,474 | € 648,823 | € 634,512 | ▼ 2% |
| Cash | € 3,265 | € 3,234 | € 2,763 | ▼ 15% |
| Land & buildings | € 634,010 | € 613,434 | € 592,858 | ▼ 3% |
| Retained profit | € -85,536 | € -88,166 | € -94,903 | ▼ € 6,736 |
| Bank debt | € 500,868 | € 472,169 | € 447,311 | ▼ 5% |
| Balance sheet total | € 644,938 | € 622,657 | € 601,609 | ▼ 3% |
Key figures of LIMACO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to LIMACO?
What happened at LIMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 6,690. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 2,510 loss in 2022 to € 6,690 loss in 2024.
A new publication or filing at LIMACO? 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 LIMACO are Mehmet TURKOZ and Aylin TURKOZ. The same people are also behind M&M PROJECTS. Mehmet TURKOZ is also behind RMT&CO and ALLONA BELGIUM.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue Edison 19
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0841.955.248
- VAT number
- BE 0841.955.248
- Registered office
- Avenue Edison 19, 1300 Wavre
- Names & denominations
- LIMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2011
- Peppol
- Not registered
- Activities · NACE
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