ACTIVE

Limecraft

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Financial year 2025 · closed on 30/09/2025

Net result

261,2 k €

+98.4% YoY

Gross margin

1,5 M €

+9.7% YoY

Equity

802,5 k €

+48.3% YoY

Workforce

8,0 ETP

+1.3% YoY

What does Limecraft do?

Limecraft is a Public limited company incorporated in 2010. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0825.929.759

Incorporation

17/05/2010

Legal form

Public limited company

Registered office

Sint-Salvatorstraat 18B box 301
9000 Gent · FlandreSee on map

Contributed capital

609 111,54 €

Latest accounts

30/09/2025

Average workforce

8,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	1,5 M €	+9.7%	1,4 M €	+7.6%	1,3 M €	+72.0%	740,7 k €	+4.9%	706,4 k €	+28.1%	551,5 k €	-6.2%	588,1 k €	+49.3%	393,8 k €	+85.7%	212 k €	+1818%	-12,3 k €	-129%	42,3 k €	-62.8%	113,6 k €	+435%	-33,9 k €	-117%	194,5 k €	+348%	43,4 k €
EBITDA	823,5 k €	+12.8%	730,2 k €	+28.9%	566,6 k €	+330%	131,9 k €	-45.3%	241 k €	-0.7%	242,6 k €	-25.9%	327,3 k €	+73.8%	188,3 k €	+1108%	15,6 k €	+107%	-219,5 k €	-44.3%	-152,1 k €	-11.7%	-136,2 k €	+42.3%	-236 k €	-516%	56,7 k €	+766%	-8,5 k €
Operating result	322,3 k €	+8.1%	298,2 k €	+42.8%	208,8 k €	+238%	-151,3 k €	-1162%	14,2 k €	-53.2%	30,4 k €	-59.5%	75,2 k €	+678%	-13 k €	+90.9%	-143,4 k €	+57.8%	-339,5 k €	-42.5%	-238,2 k €	-43.7%	-165,8 k €	+37.6%	-265,6 k €	-809%	37,4 k €	+325%	-16,6 k €
Net result	261,2 k €	+98.4%	131,7 k €	-33.4%	197,6 k €	+223%	-161 k €	-5963%	2,7 k €	-86.0%	19,6 k €	-67.4%	60,3 k €	+305%	-29,3 k €	+80.4%	-149,5 k €	+58.9%	-364,1 k €	-46.7%	-248,2 k €	-45.1%	-171 k €	+36.9%	-271,3 k €	-905%	33,7 k €	+278%	-18,9 k €
Balance sheet
Equity	802,5 k €	+48.3%	541,3 k €	+32.1%	409,6 k €	+83.4%	223,3 k €	-41.9%	384,3 k €	+0.7%	381,6 k €	+59.9%	238,7 k €	-42.7%	416,8 k €	+575%	-87,8 k €	-28.5%	-68,3 k €	+63.5%	-187,1 k €	-406%	61,1 k €	-73.7%	232,1 k €	+595%	33,4 k €	+10534%	-320,1 €
Total assets	2 M €	+12.5%	1,8 M €	+15.6%	1,5 M €	+15.3%	1,3 M €	-9.0%	1,5 M €	-1.8%	1,5 M €	+122%	670,1 k €	-21.6%	855,2 k €	+34.6%	635,3 k €	+2.2%	621,3 k €	+37.2%	452,9 k €	+38.2%	327,6 k €	-21.4%	416,8 k €	+52.4%	273,6 k €	+156%	106,7 k €
Cash	273,8 k €		0 €	-100%	69,1 k €	-3.9%	71,9 k €	-83.0%	422,8 k €	-44.0%	755,4 k €	+2692%	27,1 k €	-87.8%	221,7 k €	+3295%	6,5 k €	-92.3%	84,3 k €	+47890%	175,6 €	+43.2%	122,7 €	-99.0%	11,9 k €	+177675%	6,7 €	-99.2%	847,5 €
Debts	933,2 k €	-9.9%	1 M €	+5.6%	981,6 k €	-0.4%	985,5 k €	-3.2%	1 M €	-3.0%	1 M €	+153%	414,4 k €	-5.5%	438,4 k €	-33.9%	663,5 k €	-3.7%	689,2 k €	+7.7%	639,8 k €	+143%	263,3 k €	+44.9%	181,7 k €	-23.2%	236,6 k €	+123%	105,9 k €
Other
Workforce	8,0 ETP	+1.3%	7,9 ETP	-8.1%	8,6 ETP	+6.2%	8,1 ETP	+19.1%	6,8 ETP	+36.0%	5,0 ETP		–		3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	0.0%	3,3 ETP	-8.3%	3,6 ETP	+20.0%	3,0 ETP	+42.9%	2,1 ETP	+200%	0,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 25 ended

Active mandates

Business, economy and engineering projects

Director · since 19 septembre 2025 · until 19 septembre 2031 · 0439.850.458

Represented by Stefan Schippers

Active

Wil-Low

Director · since 19 septembre 2025 · until 19 septembre 2031 · 0643.950.930

Represented by Bruno Lowagie

Active

Dieter Van Rijsselbergen

Managing director · since 17 septembre 2025 · until 17 septembre 2031

Active

Maarten Verwaest

Managing director · since 25 avril 2025 · until 25 avril 2031

Active

QUNOVA PROJECTS

Director · since 25 avril 2025 · until 25 avril 2031 · 0536.577.175

Represented by Jan Vorstermans

Active

Ended mandates

Business, economy and engineering projects

Director · since 25 avril 2019 · until 25 avril 2025 · 0439.850.458

Ended

Business, economy and engineering projects

Director · since 25 avril 2019 · until 25 avril 2025 · 0439.850.458

Represented by Stefaan Schippers

Ended

Henk De Metsenaere

Director · since 25 avril 2019 · until 25 avril 2025

Ended

Maarten Verwaest

Managing director · since 25 avril 2019 · until 25 avril 2025

Ended

At this address

Other companies at this address

Company	CBE no.
FIBRE MOOD● Active	0697.634.589

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	01/10/2024	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	26/03/2026	01/04/2025	24/04/2024	27/04/2023	16/05/2022	20/04/2021
General meeting	19/03/2026	27/02/2025	31/01/2024	06/04/2023	29/04/2022	01/04/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	19/03/2026	26/03/2026	Dutch	PDF
Abridged model	30/09/2024	27/02/2025	01/04/2025	Dutch	PDF
Abridged model	30/09/2023	31/01/2024	24/04/2024	Dutch	PDF
Abridged model	30/09/2022	06/04/2023	27/04/2023	Dutch	PDF
Abridged model	30/09/2021	29/04/2022	16/05/2022	Dutch	PDF
Abridged model	30/09/2020	01/04/2021	20/04/2021	Dutch	PDF
Abridged model	30/09/2019	19/03/2020	01/04/2020	Dutch	PDF
Abridged model	30/09/2018	25/04/2019	29/04/2019	Dutch	PDF
Abridged model	30/09/2017	15/03/2018	15/05/2018	Dutch	PDF
Abridged model	30/09/2016	18/04/2017	27/04/2017	Dutch	PDF
Abridged model	30/09/2015	15/03/2016	29/04/2016	Dutch	PDF
Abridged model	30/09/2014	26/03/2015	29/04/2015	Dutch	PDF
Abridged model	30/09/2013	27/05/2014	30/05/2014	Dutch	PDF
Abridged model	30/09/2012	23/04/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	19/03/2012	19/03/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 5 active · 25 ended

Active mandates

Business, economy and engineering projects

Director · since 19 septembre 2025 · until 19 septembre 2031 · 0439.850.458

Represented by Stefan Schippers

Active

Wil-Low

Director · since 19 septembre 2025 · until 19 septembre 2031 · 0643.950.930

Represented by Bruno Lowagie

Active

Dieter Van Rijsselbergen

Managing director · since 17 septembre 2025 · until 17 septembre 2031

Active

Maarten Verwaest

Managing director · since 25 avril 2025 · until 25 avril 2031

Active

QUNOVA PROJECTS

Director · since 25 avril 2025 · until 25 avril 2031 · 0536.577.175

Represented by Jan Vorstermans

Active

Ended mandates

Business, economy and engineering projects

Director · since 25 avril 2019 · until 25 avril 2025 · 0439.850.458

Ended

Business, economy and engineering projects

Director · since 25 avril 2019 · until 25 avril 2025 · 0439.850.458

Represented by Stefaan Schippers

Ended

Henk De Metsenaere

Director · since 25 avril 2019 · until 25 avril 2025

Ended

Maarten Verwaest

Managing director · since 25 avril 2019 · until 25 avril 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/09/2018
KAPITAAL - AANDELEN
PDF
Mandates23/05/2018
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 2025261,2 k €↑
2024
Annual accounts 2024131,7 k €↓
2023
Annual accounts 2023197,6 k €↑
2022
Annual accounts 2022-161 k €↓
2021
Annual accounts 20212,7 k €↓
2020
Annual accounts 202019,6 k €↓
2019
Annual accounts 201960,3 k €↑
2018
Annual accounts 2018-29,3 k €↑
2017
Annual accounts 2017-149,5 k €↑
2016
Annual accounts 2016-364,1 k €↓
2015
Annual accounts 2015-248,2 k €↓
2014
Annual accounts 2014-171 k €↑
2013
Annual accounts 2013-271,3 k €↓
2012
Annual accounts 201233,7 k €↑
2011
Annual accounts 2011-18,9 k €
17/05/2010
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

Limecraft

Overview

What does Limecraft do?

Trend over 15 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