Equity
€218,025 from €520,423 in 2020
Equity fell by 58% in 5 years.
De Litsberg
Lifetime
6 annual accounts with figures on one time axis, 16 filings since 2009peak €605,946 (2025)
€605,946▲ 803%
lowest -€280,063 (2025)
-€280,063▼ €273,016
peak €520,423 (2020)
€218,025▼ 56.2%
€725,763▲ 0.6%
Board3 names since 2020
1 directorHENRY Luc Charles André
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €67,075 to €605,946Loss of €280,063Registered office moved from Dilsen-Stokkem to Ixelles 03-02Resignation: Lieven VAN DECRAEN (director) 29-01Equity from €498,089 to €218,025Cash from €13,682 to €8,218
Key points
from the 2025 annual accountsResult
-€280,063 ▼ 3,874%
The result fell in 2025 from -€7,048 to -€280,063.
Debts
€725,763 77% of the balance sheet
Financial debts 79%Suppliers 0%Taxes and wages 1%Other 20%
Of this, €139,622 falls due within a year.
Liquidity
0.07 was 1.51 in 2024
Short-term debts rose from €79,126 to €139,622.
At the same address
484 companies
Position in the sector
-€280,063
Lower net result than 95% of companies in crop and animal production. Sector median €7,141 · 3,719 companies.
Checked score
54
Fair
Financially stronger than 24% of micro companies in crop and animal production (NACE 01)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.4 percentage points vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.8 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.5 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €280,063, the second in a row (financial year 2025)
1 change of registered office in 24 months
Liquidity: current ratio 0.07, cash €8,218
lowers risk
Size: total assets €943,788
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 37% of them on solvency, 47% on liquidity, 4% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 180 companies had the same profile as De Litsberg has now. Each dot is one company, two years later.
91.1%
were still trading
2.8%
stopped another way
5.6%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of De Litsberg itself is lower: 0.9% within 12 months. It rests on far more data about De Litsberg than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 180 companies, not a prediction for De Litsberg. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.07 (1.51 in 2024), below 1. Short-term debt is 14.8% and cash 0.9% of total assets. 76.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€280,063
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
on the day
2022
29 days late
2021
122 days late
2020
366 days late
2019
59 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 82 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN DECRAEN Lieven Marie José Theo all the sharesdeed of 26-03-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0825479896
Registered office moved from Dilsen-Stokkem to Ixelles
New registered office: Louizalaan 367, 1050 Elsene · Previous registered office: Hoeveweg 157, 3650 Dilsen-Stokkem · Board meeting of 24-01-2025 · Gazette deed
Resignation: Lieven VAN DECRAEN (director)
Appointment: Luc Henry (director) · General meeting of 21-01-2025 · Gazette deed
Amendment of the articles · Legal-form change
Appointment: VAN DECRAEN Lieven Marie José Theo (director) · VAN DECRAEN Lieven Marie José Theo holds all the shares · Registered office clause: Hoeveweg 157, 3650 Dilsen-Stokkem · General meeting of 04-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| De Litsberg Brussels | €0.9m | €605,946 | 23.1% | - |
| Vlaamse Piétrain Fokkerij VZW Maldegem | €1.1m | €503,714 | 67.3% | 2.6 |
| GRAACO Sint-Niklaas | €1.2m | €602,480 | 80.4% | - |
| GENETIQUE AVENIR BELGIMEX Ciney | €0.9m | €340,281 | 56.8% | 4.8 |
| FEODAREL Somme-Leuze | €0.9m | €278,705 | 16.4% | - |
| TOPGEN KI Wingene | €0.8m | €322,033 | 7.0% | 2.2 |
| BRABANT RUBEN Dentergem | €1.2m | €272,342 | 90.6% | - |
These companies have the same main activity as De Litsberg: support activities for animal production (NACE 01620). They are comparable in size and age: total assets between €775,000 and €1.2m, founded between 2001 and 2015.
Official details
Source: KBO- Status
- Active since 19-03-2010Normal situation
- Registered office
- 485 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Support activities for animal productionNACE 01620and 1 other
- Establishment unit
- 2.188.335.5391050 Ixelles, since 29-04-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 23-07-2025
Annual accounts 2025
- ≈ €1.5mestimated
- €943,788▼ 22.6%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on De Litsberg
De Litsberg files the micro format. That format states no turnover. The gross margin rose from €34,807 in 2020 to €605,946 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about De Litsberg
- What is the company number of De Litsberg?
- The company number of De Litsberg is 0825.479.896. The VAT number is the same number with BE in front: BE 0825.479.896.
- Where is De Litsberg based?
- The registered office is at Louizalaan 367, 1050 Brussels.Company details
- What does De Litsberg do?
- According to the KBO register, the main activity is support activities for animal production (NACE 01620).
- What is the legal form of De Litsberg?
- De Litsberg is a private limited company (BV).
- When was De Litsberg founded?
- De Litsberg was founded on 19-03-2010.
- Is De Litsberg still active?
- Yes, De Litsberg is an active enterprise in the KBO register.
- What is the turnover of De Litsberg?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €605,946 and 40 comparable companies (NACE 01). It probably lies between €1.1m and €1.8m. In financial year 2021 turnover was €44,100.Financials
- Is De Litsberg profitable?
- In financial year 2025, De Litsberg made a loss of €280,063.
- Where can I find the annual accounts of De Litsberg?
- De Litsberg filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of De Litsberg due?
- De Litsberg must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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