ACTIVE

NO LIMITS

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Financial year 2025 · closed on 30/09/2025

Net result

13,5 k €

+0.6% YoY

Revenue

60 k €

0.0% YoY

Equity

580,4 k €

+2.4% YoY

What does NO LIMITS do?

NO LIMITS is a Private company with limited liability incorporated in 1994. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Lille.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.699.493

Incorporation

19/05/1994

Legal form

Private company with limited liability

Registered office

Schrieken 1
2275 Lille · FlandreSee on map

Contributed capital

185 920,00 €

Latest accounts

30/09/2025

Activities (NACE)

46190Agents involved in the sale of a variety of goods· main 46190Agents involved in the sale of a variety of goods 51190Passenger air transport 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	60 k €	0.0%	60 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	20,1 k €	-0.8%	20,3 k €	-1.2%	20,5 k €	-4.9%	21,6 k €	+14.6%	18,8 k €	+15.8%	16,3 k €	-14.7%	19,1 k €	-9.7%	21,1 k €	-41.7%	36,2 k €	-22.4%	46,6 k €	+19.2%	39,1 k €	+1373%	2,7 k €	-86.6%	19,9 k €	-64.1%	55,3 k €	+5.7%	52,4 k €	-5.0%	55,1 k €	+16.2%	47,4 k €	-21.8%	60,6 k €	-16.1%	72,3 k €
Operating result	20,1 k €	-0.8%	20,3 k €	-1.2%	20,5 k €	-4.9%	21,6 k €	+14.6%	18,8 k €	+15.8%	16,3 k €	-14.7%	19,1 k €	-9.7%	21,1 k €	-41.7%	36,2 k €	-22.4%	46,6 k €	+19.2%	39,1 k €	+1373%	2,7 k €	-86.6%	19,9 k €	-56.7%	45,8 k €	+6.9%	42,9 k €	-6.0%	45,6 k €	+20.3%	37,9 k €	-25.9%	51,1 k €	-29.2%	72,3 k €
Net result	13,5 k €	+0.6%	13,4 k €	-17.5%	16,3 k €	-6.2%	17,3 k €	+14.0%	15,2 k €	+12.2%	13,6 k €	-30.6%	19,5 k €	+51.7%	12,9 k €	-35.7%	20 k €	-28.4%	28 k €	+39.4%	20,1 k €	+306%	4,9 k €	-96.1%	127,6 k €	+417%	24,7 k €	+13.7%	21,7 k €	-3.0%	22,4 k €	+25.3%	17,9 k €	-52.7%	37,8 k €	-38.5%	61,4 k €
Balance sheet
Equity	580,4 k €	+2.4%	566,9 k €	+2.4%	553,4 k €	+3.0%	537,2 k €	+3.3%	519,8 k €	+3.0%	504,6 k €	+2.8%	491,1 k €	+4.1%	471,5 k €	+2.8%	458,7 k €	+4.6%	438,6 k €	+6.8%	410,7 k €	+5.1%	390,6 k €	+1.3%	385,6 k €	+49.4%	258,1 k €	+10.6%	233,4 k €	+10.3%	211,7 k €	+11.8%	189,3 k €	+10.4%	171,4 k €	+28.3%	133,6 k €
Total assets	3 M €	+5.3%	2,9 M €	-0.0%	2,9 M €	+1.7%	2,8 M €	-0.4%	2,8 M €	+0.1%	2,8 M €	-0.2%	2,8 M €	-0.2%	2,8 M €	+2.7%	2,8 M €	+2.5%	2,7 M €	-27.8%	3,7 M €	-0.9%	3,8 M €	+8.9%	3,5 M €	+1.0%	3,4 M €	+56.1%	2,2 M €	+28.6%	1,7 M €	+18.5%	1,4 M €	+21.4%	1,2 M €	+67.4%	710,9 k €
Cash	4,6 k €	+191%	1,6 k €	-32.8%	2,3 k €	+523%	373,1 €	-97.3%	13,8 k €	+93.1%	7,2 k €	-24.4%	9,5 k €	-61.0%	24,3 k €	+360%	5,3 k €	-8.9%	5,8 k €	+110%	2,8 k €	+47.8%	1,9 k €	-70.7%	6,4 k €	-58.1%	15,2 k €	+2321%	628,4 €	-99.6%	157,9 k €	+1471%	10,1 k €	-63.6%	27,6 k €	-19.0%	34 k €
Debts	2,4 M €	+6.0%	2,3 M €	-0.6%	2,3 M €	+1.4%	2,3 M €	-1.2%	2,3 M €	-0.5%	2,3 M €	-0.8%	2,4 M €	-1.0%	2,4 M €	+2.7%	2,3 M €	+2.2%	2,3 M €	-32.1%	3,3 M €	-1.6%	3,4 M €	+9.8%	3,1 M €	-3.0%	3,2 M €	+61.5%	2 M €	+31.1%	1,5 M €	+19.6%	1,3 M €	+23.3%	1 M €	+490%	172,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 6 ended

Active mandates

Elisabeth Borgmans

Mandate

Active

Roger Borgmans

Mandate

Active

Ended mandates

Elisabeth Borgmans

Director · since 19 novembre 2018

Ended

Elisabeth Borgmans

Manager · since 19 novembre 2018

Ended

Frederic-Alexander Borgmans

Mandate

Ended

Frederic-Alexander Borgmans

Director

Ended

At this address

Other companies at this address

Company	CBE no.
TELECOM SERVICE● Active	0474.955.748

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	30/04/2025	30/04/2024	28/04/2023	29/04/2022	29/04/2021
General meeting	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
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
Micro model	30/09/2025	31/03/2026	29/05/2026	Dutch	PDF
Micro model	30/09/2024	31/03/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	31/03/2024	30/04/2024	Dutch	PDF
Micro model	30/09/2022	31/03/2023	28/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	29/04/2022	Dutch	PDF
Micro model	30/09/2020	31/03/2021	29/04/2021	Dutch	PDF
Abridged model	30/09/2019	03/02/2020	28/02/2020	Dutch	PDF
Abridged model	30/09/2018	13/01/2019	28/02/2019	Dutch	PDF
Abridged model	30/09/2017	14/01/2018	28/02/2018	Dutch	PDF
Abridged model	30/09/2016	08/01/2017	07/02/2017	Dutch	PDF
Abridged model	30/09/2015	11/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	11/03/2015	27/04/2015	Dutch	PDF
Abridged model	30/09/2013	10/02/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	13/01/2013	28/02/2013	Dutch	PDF
Abridged model	30/09/2011	08/01/2012	06/02/2012	Dutch	PDF
Abridged model	30/09/2010	09/01/2011	08/03/2011	Dutch	PDF
Abridged model	30/09/2009	10/01/2010	18/03/2010	Dutch	PDF
Abridged model	30/09/2008	11/01/2009	09/02/2009	Dutch	PDF
Abridged model	30/09/2007	28/02/2008	19/03/2008	Dutch	PDF
Abridged model	30/09/2006	28/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/09/2025 · 2 active · 6 ended

Active mandates

Elisabeth Borgmans

Mandate

Active

Roger Borgmans

Mandate

Active

Ended mandates

Elisabeth Borgmans

Director · since 19 novembre 2018

Ended

Elisabeth Borgmans

Manager · since 19 novembre 2018

Ended

Frederic-Alexander Borgmans

Mandate

Ended

Frederic-Alexander Borgmans

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Other24/11/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office25/10/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/12/2011
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other08/09/2009
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office28/12/2006
MAATSCHAPPELIJKE ZETEL
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 202513,5 k €↑
2024
Annual accounts 202413,4 k €↓
2023
Annual accounts 202316,3 k €↓
2022
Annual accounts 202217,3 k €↑
2021
Annual accounts 202115,2 k €↑
2020
Annual accounts 202013,6 k €↓
2019
Annual accounts 201919,5 k €↑
2018
Annual accounts 201812,9 k €↓
2017
Annual accounts 201720 k €↓
2016
Annual accounts 201628 k €↑
2015
Annual accounts 201520,1 k €↑
2014
Annual accounts 20144,9 k €↓
2013
Annual accounts 2013127,6 k €↑
2012
Annual accounts 201224,7 k €↑
2011
Annual accounts 201121,7 k €↓
2010
Annual accounts 201022,4 k €↑
2009
Annual accounts 200917,9 k €↓
2008
Annual accounts 200837,8 k €↓
2007
Annual accounts 200761,4 k €
19/05/1994
IncorporationPrivate company with limited liability

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

NO LIMITS

Overview

What does NO LIMITS do?

Trend over 19 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