ACTIVE

Limba

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Financial year 2025 · closed on 31/12/2025

Net result

-74,7 k €

-312.6% YoY

Gross margin

-23,3 k €

-109.2% YoY

Equity

258,5 k €

-22.4% YoY

Workforce

0,0 ETP

-100.0% YoY

What does Limba do?

Limba is a Public limited company incorporated in 1945. Its main activity is: Freight transport by road. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.781.295

Incorporation

01/01/1945

Legal form

Public limited company

Registered office

Kluizenhof(SGW) 25
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 52241Cargo handling 52241Cargo handling 60242Television programming and broadcasting activities 63111Data processing, hosting and related activities+3

Joint committees (3)

140
14003
226

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-23,3 k €	-109%	252,3 k €	-22.8%	326,9 k €	+107%	158,1 k €	-45.2%	288,3 k €	-1.3%	292,1 k €	+2.0%	286,2 k €	+17.0%	244,7 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	-50,9 k €	-164%	80,1 k €	-50.0%	160,1 k €	+87.4%	85,4 k €	-49.2%	168,1 k €	-25.7%	226,3 k €	+9.0%	207,6 k €	+31.8%	157,6 k €	-6.2%	167,9 k €	+32.7%	126,6 k €	+39.3%	90,8 k €	+1672%	-5,8 k €	-116%	35,6 k €	-48.6%	69,2 k €	+85.8%	37,2 k €	+71.5%	21,7 k €	-51.9%	45,1 k €	+40.8%	32 k €
Operating result	-69,3 k €	-210%	63,1 k €	-55.1%	140,8 k €	+192%	48,3 k €	-43.4%	85,3 k €	-44.7%	154,3 k €	+31.3%	117,5 k €	+13.7%	103,3 k €	+24.8%	82,8 k €	+165%	31,2 k €	-30.6%	44,9 k €	+220%	-37,4 k €	-246%	25,7 k €	-54.9%	56,9 k €	+58.3%	36 k €	+60.7%	22,4 k €	-38.8%	36,6 k €	+72.0%	21,3 k €
Net result	-74,7 k €	-313%	35,1 k €	-68.5%	111,6 k €	+240%	32,9 k €	-55.0%	73,1 k €	-38.2%	118,3 k €	+18.0%	100,3 k €	+48.8%	67,4 k €	-6.6%	72,1 k €	+249%	20,7 k €	-55.1%	46,1 k €	+222%	-37,7 k €	-319%	17,2 k €	-63.1%	46,6 k €	+34.4%	34,6 k €	+118%	15,9 k €	-45.4%	29 k €	+84.3%	15,8 k €
Balance sheet
Equity	258,5 k €	-22.4%	333,2 k €	+11.8%	298,1 k €	+26.1%	236,4 k €	+16.1%	203,6 k €	-19.0%	251,4 k €	+45.2%	173,1 k €	+21.2%	142,8 k €	+89.3%	75,4 k €	+0.5%	75,1 k €	+0.1%	75 k €	+103%	36,9 k €	-50.6%	74,6 k €	+0.1%	74,5 k €	+0.1%	74,4 k €	+0.2%	74,3 k €	+0.5%	73,9 k €	-1.8%	75,3 k €
Total assets	455,8 k €	+10.4%	412,9 k €	-46.1%	766,7 k €	+132%	330,3 k €	-2.2%	337,8 k €	-47.9%	647,8 k €	+0.7%	643 k €	+177%	232,1 k €	+1.9%	227,9 k €	-23.2%	296,6 k €	+4.5%	283,8 k €	-6.8%	304,5 k €	+65.3%	184,2 k €	-5.9%	195,8 k €	+23.7%	158,3 k €	-0.1%	158,4 k €	-25.0%	211,4 k €	-10.8%	237,1 k €
Cash	21,6 k €	-91.7%	259,5 k €	+299%	65 k €	-62.9%	175,2 k €	+14.3%	153,3 k €	+20.0%	127,8 k €	+148%	51,6 k €	-41.6%	88,4 k €	+361%	19,2 k €	-27.3%	26,4 k €	+35.0%	19,5 k €	+8.6%	18 k €	-75.5%	73,5 k €	+0.9%	72,8 k €	+29.8%	56,1 k €	+151%	22,3 k €	-53.3%	47,8 k €	-17.5%	57,9 k €
Debts	197,1 k €	+147%	79,8 k €	-83.0%	468,1 k €	+399%	93,9 k €	-29.9%	133,9 k €	-66.2%	396,4 k €	-15.6%	469,9 k €	+482%	80,8 k €	-43.9%	143,9 k €	-33.4%	215,9 k €	+4.8%	206 k €	-22.2%	264,9 k €	+154%	104,4 k €	-12.1%	118,8 k €	+45.9%	81,4 k €	+2.6%	79,3 k €	-40.2%	132,7 k €	-16.4%	158,8 k €
Other
Workforce	0,0 ETP	-100%	1,4 ETP	-22.2%	1,8 ETP	+28.6%	1,4 ETP	-51.7%	2,9 ETP	0.0%	2,9 ETP	-14.7%	3,4 ETP	-10.5%	3,8 ETP	-9.5%	4,2 ETP	+68.0%	2,5 ETP	+38.9%	1,8 ETP	-30.8%	2,6 ETP	-50.9%	5,3 ETP	0.0%	5,3 ETP	+6.0%	5,0 ETP	-25.4%	6,7 ETP	-16.2%	8,0 ETP	-9.1%	8,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

UNITEA

Director · 0749.793.964

Represented by Depuydt Kenneth

Active

Ended mandates

Luc Moortgat

Director · since 09 juin 2018 · until 08 juin 2023

Ended

Moortgat Mometal

Managing director · since 09 juin 2018 · until 08 juin 2023 · 0419.481.844

Represented by Wilfried Moortgat

Ended

Wilfried Moortgat

Director · since 09 juin 2018 · until 08 juin 2023

Ended

Luc Moortgat

Director · since 09 juin 2012 · until 08 juin 2018

Ended

At this address

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Moortgat Mometal● Active	0419.481.844
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REAL Group● Active	0783.205.417
REAL VERHUUR● Active	0436.236.615

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	02/06/2025	06/06/2024	30/05/2023	30/05/2022	31/05/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/05/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	31/05/2021	Dutch	PDF
Abridged model	31/12/2019	13/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	11/06/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	13/06/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	08/06/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	09/06/2012	17/08/2012	Dutch	PDF
Full model	31/12/2010	11/06/2011	12/08/2011	Dutch	PDF
Full model	31/12/2009	12/06/2010	29/06/2010	Dutch	PDF
Full model	31/12/2008	29/06/2009	30/07/2009	Dutch	PDF
Full model	31/12/2007	28/06/2008	26/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

UNITEA

Director · 0749.793.964

Represented by Depuydt Kenneth

Active

Ended mandates

Luc Moortgat

Director · since 09 juin 2018 · until 08 juin 2023

Ended

Moortgat Mometal

Managing director · since 09 juin 2018 · until 08 juin 2023 · 0419.481.844

Represented by Wilfried Moortgat

Ended

Wilfried Moortgat

Director · since 09 juin 2018 · until 08 juin 2023

Ended

Luc Moortgat

Director · since 09 juin 2012 · until 08 juin 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other14/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ALGEMENE VERGADERING
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-74,7 k €↓
2024
Annual accounts 202435,1 k €↓
2023
Annual accounts 2023111,6 k €↑
2022
Annual accounts 202232,9 k €↓
2021
Annual accounts 202173,1 k €↓
2018
Annual accounts 2018118,3 k €↑
2017
Annual accounts 2017100,3 k €↑
2016
Annual accounts 201667,4 k €↓
2015
Annual accounts 201572,1 k €↑
2014
Annual accounts 201420,7 k €↓
2013
Annual accounts 201346,1 k €↑
2012
Annual accounts 2012-37,7 k €↓
2011
Annual accounts 201117,2 k €↓
2010
Annual accounts 201046,6 k €↑
2009
Annual accounts 200934,6 k €↑
2008
Annual accounts 200815,9 k €↓
2007
Annual accounts 200729 k €↑
2006
Annual accounts 200615,8 k €
01/01/1945
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Limba

Overview

What does Limba do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline