ILTHO
ActiveILTHO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €67k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 2.23 in 2024), and 17.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.2%
Return on assets
14.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
22 d early
2023
19 d late
2022
10 d late
2021
39 d early
2020
30 d late
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€373k▲ 17.5%
2024 · €318k
2018: €43k
2019: €54k
2020: €89k
2021: €114k
2022: €179k
2023: €251k
2024: €318k
2018 → 2025
Total assets
€454k▲ 13.5%
2024 · €400k
2018: €80k
2019: €176k
2020: €219k
2021: €225k
2022: €293k
2023: €337k
2024: €400k
2018 → 2025
Net result
€67k▼ 0.2%
2024 · €67k
2018: €2k
2019: €11k
2020: €35k
2021: €39k
2022: €65k
2023: €72k
2024: €67k
2018 → 2025
Working capital
€89k▲ 7.5%
2024 · €83k
2018: €10k
2019: €-30k
2020: €-4k
2021: €-6k
2022: €45k
2023: €29k
2024: €83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€179k▲ 56.9%€251k▲ 40.5%€318k▲ 26.4%€373k▲ 17.5%
Operating result€46k-€71k▲ 53.4%€64k▼ 9.8%€56k▼ 12.4%€63k▲ 13.0%
Net result€39k-€65k▲ 65.6%€72k▲ 11.8%€67k▼ 7.2%€67k▼ 0.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454k
Fixed assets
€286k▲ 14.3%
Current assets
€168k▲ 12.0%
Equity and liabilities €454k
Equity
€373k▲ 17.5%
Debt
€81k▼ 2.1%
The debt ratio falls from 20.7% to 17.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▲
2024 · €56k
Cash flow
€71k▲
2024 · €68k
Solvency
82.2%▲
2024 · 79.3%
Current ratio
2.12▼
2024 · 2.23
Quick ratio
2.12▼
2024 · 2.23
Debt / equity
0.22▼
2024 · 0.26
ROE
18.0%▼
2024 · 21.2%
ROA
14.8%▼
2024 · 16.8%
Interest coverage
27.21▲
2024 · 19.45
Debt
€81k▼
2024 · €83k
Debt ≤ 1 year
€79k▲
2024 · €67k
Debt > 1 year
€0▼
2024 · €12k
Income taxes
€22k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€400k€454k▲
Fixed assets21/28€250k€286k▲
Tangible fixed assets22/27€11k€47k▲
Furniture and vehicles24-€33k
Other tangible fixed assets26€11k€15k▲
Financial fixed assets28€239k€239k=
Current assets29/58€150k€168k▲
Amounts receivable within one year40/41€22k€52k▲
Trade receivables40€20k€42k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€128k€115k▼
Deferred charges and accrued income490/1-€992
Equity and liabilities
Total equity and liabilities10/49€400k€454k▲
Equity10/15€318k€373k▲
Contributions10/11€6k€6k=
Reserves13€311k€367k▲
Distributable reserves133€311k€367k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€83k€81k▼
Amounts payable after more than one year17€12k€0▼
Financial debts170/4€12k€0▼
Amounts payable within one year42/48€67k€79k▲
Current portion of amounts payable after more than one year42€15k€12k▼
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€19k€20k▲
Taxes450/3€18k€18k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€26k€40k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531€4k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€57k€67k▲
Operating profit (loss)9901€56k€63k▲
Financial income75/76B€35k€29k▼
Recurring financial income75€35k€29k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€87k€89k▲
Income taxes67/77€20k€22k▲
Profit (loss) for the period9904€67k€67k▼
Profit (loss) for the period to be appropriated9905€67k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€67k▼
Transfer from equity791/2€823€11k▲
Transfer to equity691/2€67k€67k▼
To other reserves6921€67k€67k▼
Profit to be distributed694/7€823€11k▲
Return on contributions (dividend)694€823€11k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €72k ▲11.8%
Net result €72k, the highest in the series.
31-12
Financial
Equity above €200kEq €251k ▲40.5%
6 profitable years in a row build equity to €251k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2022
31-12
Financial
Equity above €150kEq €179k ▲56.9%
5 profitable years in a row build equity to €179k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €114k ▲27.8%
4 profitable years in a row build equity to €114k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bekkevoort · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijnrode 813460 BekkevoortGround area
1,103 m²
Building footprint
193 m²
Volume, LiDAR
917 m³
Parcel 24002H0254/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ILTHO
since 20152.238.502.454
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24002H0254/00F000 | Flanders | 1,103 m² | 1 · 193 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SUCCES COMPANY
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ETS STEFENATTO
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ATEB
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DEMABO
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.