K-LITHERM
ActiveSummary
The computed 12-month bankruptcy probability of K-LITHERM is 9.7% (elevated). For K-LITHERM, one annual filing is missing. The 2024 annual accounts show equity of €22,310 and a net result of -€30,261. Equity has been growing by about 39% per year since 2020. Its solvency ranks better than 25% of 35,966 sector peers (NACE 43, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-11-2015 Normal situation
- Activity
- Plumbing work NACE 43221and 3 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 31-05-2024
- Establishment unit
- 2.247.414.576 4100 Seraing, since 09-11-2015
- Financial year end
- 31 May
- Peppol
- Reachable since 19-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 9.7%
2024 figures too old to score
Annual accounts to 31-05-2024
- Turnover
- €85,389
- ▼ 33.1%
- Loss
- €30,261
- Equity
- €22,310
- ▼ 57.6%
- Total assets
- €93,814
- ▼ 8.2%
- Employees on 31-05-2024
- 1
- 2025 accounts not filed, 309 days past the deadline
Signalsraises risk1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 31-03-2025)Liquidity: current ratio 1.79, cash €40, halvedLoss of €30,261 (financial year 2024)Annual accounts not filed2024 accounts filed 90 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2024. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: One annual filing is missing
Financial strength, FY 2024 · tick: 2023
Weak
Solvency
49-27
equity 23.8% of total assets
Liquidity
23-46
short-term debt 53.8% · cash 0.0%
Profitability
0-100
return on assets -32.3%
Bankruptcy probability within 12 months
9.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.5%
01-2025: 8.4%▲ +1.9 percentage points vs 12-2024
02-2025: 8.4%● unchanged vs 01-2025
03-2025: 3.4%▼ -5.0 percentage points vs 02-2025lowest value
04-2025: 5.3%▲ +1.9 percentage points vs 03-2025
05-2025: 5.3%● unchanged vs 04-2025
06-2025: 5.4%▲ +0.1 percentage points vs 05-2025
07-2025: 5.4%● unchanged vs 06-2025
08-2025: 5.4%● unchanged vs 07-2025
09-2025: 5.5%▲ +0.1 percentage points vs 08-2025
10-2025: 5.2%▼ -0.3 percentage points vs 09-2025
11-2025: 4.9%▼ -0.3 percentage points vs 10-2025
12-2025: 4.7%▼ -0.2 percentage points vs 11-2025
01-2026: 4.7%● unchanged vs 12-2025
02-2026: 4.9%▲ +0.2 percentage points vs 01-2026
03-2026: 6.6%▲ +1.7 percentage points vs 02-2026
04-2026: 6.7%▲ +0.1 percentage points vs 03-2026
05-2026: 8.1%▲ +1.4 percentage points vs 04-2026
06-2026: 10.2%▲ +2.1 percentage points vs 05-2026
07-2026: 10.2%● unchanged vs 06-2026
08-2026: 10.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 9.7%▼ -0.6 percentage points vs 08-2026
10-2026: 9.7%● unchanged vs 09-2026
11-2026: 9.7%● unchanged vs 10-2026
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Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-05-2025 was due at the National Bank by 31-12-2025. Nothing is on record, 309 days later.
NBB · 5 filingsPosition against the passed deadline
31-05-2025 year end31-12-2025 deadline05-11-2026 today
raises risk · 2024 accounts filed 90 days late
The financial year that closed on 31-05-2024 was due by 31-12-2024 and was filed on 31-03-2025, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
90 days late
2023
413 days late
2022
45 days late
2021
31 days late
2020
120 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 140 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as K-LITHERM: plumbing work (NACE 43221). They are comparable in size and age: total assets between €81,800 and €105,000, founded between 2015 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| K-LITHERM Seraing | €93,814 | €10,878 |
| RAMMELAERE & C° Bredene | €104,867 | €10,910 |
| TOM OOMS Brecht | €82,194 | €10,308 |
| BJORN STAS TECHNICS Alken | €94,509 | €12,423 |
| COSERDI SANITHERM Dinant | €85,656 | €8,937 |
| MICHIELS ROBBY Kapelle-op-den-Bos | €81,763 | €9,132 |
| Sam Opdebeeck Heist-op-den-Berg | €95,364 | €9,299 |
Key facts about K-LITHERM
- What is the company number of K-LITHERM?
- The company number of K-LITHERM is 0642.771.191. The VAT number is the same number with BE in front: BE 0642.771.191.
- Where is K-LITHERM based?
- The registered office is at Rue Ferrer 132, 4100 Seraing.Company details
- What does K-LITHERM do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of K-LITHERM?
- The legal form of K-LITHERM is Private limited company (pre-2019) (BVBA).
- When was K-LITHERM founded?
- K-LITHERM was founded on 09-11-2015.
- Is K-LITHERM still active?
- Yes, K-LITHERM is an active enterprise in the KBO register.
- How many employees does K-LITHERM have?
- K-LITHERM had an average of 1.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does K-LITHERM fall under?
- In its 31-05-2024 annual accounts, K-LITHERM states joint committee 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of K-LITHERM?
- The turnover of K-LITHERM was €85,389 in financial year 2024, according to the filed annual accounts.
- Is K-LITHERM profitable?
- In financial year 2024, K-LITHERM made a loss of €30,261.
- Where can I find the annual accounts of K-LITHERM?
- K-LITHERM filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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