ACTIVE

LIMBUS

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Financial year 2025 · closed on 31/12/2025

Net result

429,6 k €

+21.8% YoY

Gross margin

318,3 k €

+1.4% YoY

Equity

2,3 M €

+8.0% YoY

What does LIMBUS do?

LIMBUS is a Private limited company incorporated in 2003. Its main activity is: Activities of holding companies. Its registered office is in Ieper.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.962.397

Incorporation

09/10/2003

Legal form

Private limited company

Registered office

Rijselstraat 12
8900 Ieper · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	318,3 k €	+1.4%	313,9 k €	+17.0%	268,3 k €	-61.1%	690,6 k €	-3.9%	718,4 k €	+29.8%	553,6 k €	+4.4%	530,5 k €	-6.2%	565,7 k €	-4.9%	594,9 k €	+6.2%	560,4 k €	+16.5%	481,2 k €	+18.9%	404,9 k €	+65.1%	245,3 k €	+5.6%	232,2 k €	-5.4%	245,5 k €	+12.1%	219,1 k €	+30.1%	168,4 k €	-14.6%	197,2 k €	+55.8%	126,6 k €	+5.4%	120,1 k €
EBITDA	310,7 k €	+1.4%	306,4 k €	+17.4%	261 k €	-61.8%	683,7 k €	-4.0%	712,3 k €	+31.2%	542,7 k €	+10.5%	491,2 k €	+7.0%	458,9 k €	-20.8%	579,2 k €	+4.0%	556,9 k €	+16.5%	478,1 k €	+19.0%	401,7 k €	+65.7%	242,4 k €	+5.9%	228,8 k €	-5.8%	243 k €	+12.2%	216,6 k €	+32.4%	163,5 k €	-16.3%	195,4 k €	+57.3%	124,2 k €	+5.4%	117,8 k €
Operating result	234,7 k €	+2.0%	230,2 k €	+24.6%	184,8 k €	-69.6%	607,6 k €	-4.5%	636,1 k €	+32.6%	479,7 k €	+13.6%	422,3 k €	+4.8%	402,9 k €	-28.1%	560,1 k €	+3.0%	543,7 k €	+16.9%	465 k €	+19.7%	388,6 k €	+74.7%	222,4 k €	+6.5%	208,9 k €	-6.4%	223,1 k €	+13.4%	196,6 k €	+37.0%	143,6 k €	-21.2%	182,3 k €	+64.1%	111,1 k €	+9.5%	101,5 k €
Net result	429,6 k €	+21.8%	352,8 k €	+6.2%	332,1 k €	-17.4%	402,2 k €	-4.4%	420,8 k €	+33.9%	314,1 k €	+20.5%	260,6 k €	+1.6%	256,4 k €	-22.4%	330,3 k €	+4.1%	317,3 k €	+16.8%	271,7 k €	+9.7%	247,6 k €	+81.9%	136,1 k €	+6.7%	127,5 k €	-7.3%	137,7 k €	+14.9%	119,8 k €	+45.4%	82,4 k €	-24.3%	108,9 k €	+80.6%	60,3 k €	-6.6%	64,6 k €
Balance sheet
Equity	2,3 M €	+8.0%	2,1 M €	+4.8%	2 M €	+0.1%	2 M €	+4.4%	1,9 M €	+8.3%	1,8 M €	+21.3%	1,5 M €	+21.5%	1,2 M €	+26.8%	955,2 k €	+23.2%	775,3 k €	+69.3%	458 k €	+22.7%	373,3 k €	+93.7%	192,7 k €	+2.3%	188,2 k €	+17.1%	160,7 k €	-37.7%	258,1 k €	+8.3%	238,3 k €	+31.7%	180,9 k €	+86.6%	96,9 k €	-17.6%	117,6 k €
Total assets	3,1 M €	+4.2%	3 M €	-3.5%	3,1 M €	+0.5%	3,1 M €	+1.4%	3 M €	+2.2%	3 M €	+12.5%	2,6 M €	+17.3%	2,3 M €	+58.0%	1,4 M €	+31.3%	1,1 M €	+21.1%	898,5 k €	+21.1%	742 k €	+25.6%	590,7 k €	+12.6%	524,4 k €	-0.8%	528,7 k €	-16.3%	631,3 k €	+10.3%	572,2 k €	+8.5%	527,6 k €	+17.6%	448,6 k €	-12.2%	511,2 k €
Cash	317,4 k €	+299%	79,6 k €	-76.3%	335,6 k €	+0.7%	333,1 k €	+1623%	19,3 k €	-23.2%	25,2 k €	+31.9%	19,1 k €	-96.8%	600,8 k €	+16328%	3,7 k €	-74.0%	14,1 k €	-26.0%	19 k €	+13.8%	16,7 k €	-7.8%	18,1 k €	+55.5%	11,7 k €	-79.9%	58 k €	+967%	5,4 k €	-26.0%	7,3 k €	-63.4%	20,1 k €	+91.3%	10,5 k €	-19.7%	13,1 k €
Debts	822,8 k €	-4.9%	865,6 k €	-19.1%	1,1 M €	+1.2%	1,1 M €	-3.8%	1,1 M €	-7.1%	1,2 M €	+1.4%	1,2 M €	+12.4%	1 M €	+123%	464,8 k €	+52.7%	304,4 k €	-30.8%	440 k €	+19.3%	368,7 k €	-7.4%	398 k €	+18.4%	336,2 k €	-8.7%	368 k €	-1.4%	373,3 k €	+11.8%	333,9 k €	-1.1%	337,8 k €	-1.5%	342,8 k €	-10.9%	384,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Jeroen PORTEMAN

Director

Active

Ended mandates

Gudrun BLONTROCK

Manager

Ended

Jeroen PORTEMAN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
OPTIEK PORTEMAN● Active	0422.653.942

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	30/03/2026	07/04/2025	04/03/2024	06/04/2023	11/04/2022	25/02/2021
General meeting	30/03/2026	07/04/2025	04/03/2024	03/04/2023	04/04/2022	08/02/2021
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	30/03/2026	30/03/2026	Dutch	PDF
Abridged model	31/12/2024	07/04/2025	07/04/2025	Dutch	PDF
Abridged model	31/12/2023	04/03/2024	04/03/2024	Dutch	PDF
Abridged model	31/12/2022	03/04/2023	06/04/2023	Dutch	PDF
Abridged model	31/12/2021	04/04/2022	11/04/2022	Dutch	PDF
Abridged model	31/12/2020	08/02/2021	25/02/2021	Dutch	PDF
Abridged model	31/12/2019	03/02/2020	04/02/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	12/02/2018	14/03/2018	Dutch	PDF
Micro model	31/12/2016	03/02/2017	11/04/2017	Dutch	PDF
Abridged model	31/12/2015	05/02/2016	09/02/2016	Dutch	PDF
Abridged model	31/12/2014	06/02/2015	05/03/2015	Dutch	PDF
Abridged model	31/12/2013	17/02/2014	26/02/2014	Dutch	PDF
Abridged model	31/12/2012	04/02/2013	06/03/2013	Dutch	PDF
Abridged model	31/12/2011	12/03/2012	14/03/2012	Dutch	PDF
Abridged model	31/12/2010	18/04/2011	26/04/2011	Dutch	PDF
Abridged model	31/12/2009	01/02/2010	19/03/2010	Dutch	PDF
Abridged model	31/12/2008	11/03/2009	20/03/2009	Dutch	PDF
Abridged model	31/12/2007	03/03/2008	28/03/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 1 active · 2 ended

Active mandates

Jeroen PORTEMAN

Director

Active

Ended mandates

Gudrun BLONTROCK

Manager

Ended

Jeroen PORTEMAN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares29/05/2006
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other16/10/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025429,6 k €↑
2024
Annual accounts 2024352,8 k €↑
2023
Annual accounts 2023332,1 k €↓
2022
Annual accounts 2022402,2 k €↓
2021
Annual accounts 2021420,8 k €↑
2020
Annual accounts 2020314,1 k €↑
2019
Annual accounts 2019260,6 k €↑
2018
Annual accounts 2018256,4 k €↓
2017
Annual accounts 2017330,3 k €↑
2016
Annual accounts 2016317,3 k €↑
2015
Annual accounts 2015271,7 k €↑
2014
Annual accounts 2014247,6 k €↑
2013
Annual accounts 2013136,1 k €↑
2012
Annual accounts 2012127,5 k €↓
2011
Annual accounts 2011137,7 k €↑
2010
Annual accounts 2010119,8 k €↑
2009
Annual accounts 200982,4 k €↓
2008
Annual accounts 2008108,9 k €↑
2007
Annual accounts 200760,3 k €↓
2006
Annual accounts 200664,6 k €
09/10/2003
IncorporationPrivate 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

LIMBUS

Overview

What does LIMBUS do?

Trend over 20 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