LIMESTONE INVESTORS
ActiveSummary
LIMESTONE INVESTORS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416k and a net result of €30k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-27
Solvency42▼-58
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.72 against 29.7 in 2024; short-term debt: 57.2% and cash: 23.5% of total assets), and 83% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
17%
Return on assets
1.2%
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
47 d early
2023
11 d early
2022
30 d late
2021
31 d late
2020
30 d late
2019
31 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30k▼ 88.1%
2024 · €253k
2018: €281k
2019: €1.63M
2020: €26k
2021: €-58k
2022: €1.35M
2023: €65k
2024: €253k
2018 → 2025
Working capital
€-395k
2024 · €2.59M
2018: €34k
2019: €1.86M
2020: €1.89M
2021: €1.36M
2022: €2.74M
2023: €2.47M
2024: €2.59M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.99M-€3.34M▲ 67.5%€3.12M▼ 6.4%€3.37M▲ 8.1%€416k▼ 87.7%
Operating result€-54k-€5k€2k▼ 60.3%€253k▲ 12,605%€-11k
Net result€-58k-€1.35M€65k▼ 95.2%€253k▲ 288%€30k▼ 88.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €253k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.44M
Fixed assets
€1.44M ▼ 0.2%
Current assets
€1.00M ▼ 62.6%
Equity and liabilities €2.44M
Equity
€416k ▼ 87.7%
Debt
€2.03M ▲ 169%
Debt's share of the balance-sheet total rises from 18.3% to 83.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €301k
Cash flow
€82k▼
2024 · €300k
Current ratio
0.72▼
2024 · 29.70
Debt to equity
4.88▲
2024 · 0.22
ROE
7.2%▼
2024 · 7.5%
ROA
1.2%▼
2024 · 6.1%
Interest coverage
3.50▼
2024 · 20.57
Debt ≤ 1 year
€1.40M▲
2024 · €90k
Debt > 1 year
€631k▼
2024 · €662k
Income taxes
€3k▼
2024 · €77k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.13M€2.44M▼
Fixed assets21/28€1.45M€1.44M▼
Tangible fixed assets22/27€1.08M€1.08M▲
Land and buildings22€949k€920k▼
Other tangible fixed assets26€131k€161k▲
Financial fixed assets28€365k€361k▼
Current assets29/58€2.68M€1.00M▼
Amounts receivable after more than one year29€95k€95k=
Other amounts receivable291€95k€95k=
Amounts receivable within one year40/41€222k€234k▲
Trade receivables40€6k€4k▼
Other amounts receivable41€217k€230k▲
Current investments50/53€99k€99k=
Cash at bank and in hand54/58€2.27M€574k▼
Deferred charges and accrued income490/1€120€785▲
Equity and liabilities
Total equity and liabilities10/49€4.13M€2.44M▼
Equity10/15€3.37M€416k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3.06M€71k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€3.05M€65k▼
Profit (loss) carried forward14€253k€283k▲
Amounts payable17/49€754k€2.03M▲
Amounts payable after more than one year17€662k€631k▼
Financial debts170/4€662k€631k▼
Amounts payable within one year42/48€90k€1.40M▲
Current portion of amounts payable after more than one year42€34k€34k▲
Trade debts44€2k€281▼
Suppliers440/4€2k€281▼
Taxes, remuneration and social security45€54k€436▼
Taxes450/3€54k€436▼
Other amounts payable47/48-€1.36M
Accrued charges and deferred income492/3€1k€550▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€51k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€304k€44k▼
Operating profit (loss)9901€253k€-11k▼
Financial income75/76B€91k€56k▼
Recurring financial income75€91k€56k▼
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€329k€33k▼
Income taxes67/77€77k€3k▼
Profit (loss) for the period9904€253k€30k▼
Profit (loss) for the period to be appropriated9905€253k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€283k▲
Profit (loss) brought forward from the previous period14P-€253k
Transfer from equity791/2-€2.99M
Profit to be distributed694/7-€2.99M
Return on contributions (dividend)694-€2.99M
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 29.70
Current ratio from 8.84 to 29.70; short-term debt falls from €315k to €90k.
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €1.35M
Net result €1.35M after one loss-making year.
31-12
Financial
Equity above €2MEq €3.34M ▲67.5%
Equity rises from €1.99M to €3.34M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-58k ▼320%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 7.51
Current ratio from 3.37 to 7.51; short-term debt falls from €785k to €290k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
Show earlier events
2019
31-12
Financial
Highest result since 2018net €1.63M ▲479%
Net result €1.63M, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.37
Current ratio from 1.06 to 3.37.
31-12
Financial
Equity above €2MEq €2.02M ▲409%
2 profitable years in a row build equity to €2.02M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidsstraat 41000 BrusselGround area
376 m²
Building footprint
376 m²
Volume, LiDAR
7,923 m³
2 parcels, Brussels · tallest building 31.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20102.384.806.069
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0458/00K000 | Brussels | 209 m² | 1 · 209 m² | 28.4 m · 8 fl. |
| 21805E0464/00T000 | Brussels | 167 m² | 1 · 167 m² | 31.6 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900UN3BQ20KE7F387
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,744 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cgp@limestoneinvestors.com
Phone:+32495550550