L.C.T.
ActiveSummary
L.C.T. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €579k and a net result of €5k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-46
Solvency68▼-24
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 2.98 in 2024; short-term debt: 56.8% and cash: 11.8% of total assets), but 56.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
43.2%
Return on assets
0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
10 d early
2023
26 d early
2022
50 d early
2021
25 d early
2020
2 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 93.6%
2024 · €72k
2019: €78k
2020: €128k
2021: €180k
2022: €11k
2023: €42k
2024: €72k
2019 → 2025
Working capital
€566k▼ 4.7%
2024 · €593k
2019: €220k
2020: €344k
2021: €530k
2022: €542k
2023: €557k
2024: €593k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€550k-€561k▲ 2.0%€576k▲ 2.7%€609k▲ 5.7%€579k▼ 5.0%
Operating result€256k-€40k▼ 84.5%€80k▲ 103%€107k▲ 33.2%€22k▼ 79.1%
Net result€180k-€11k▼ 93.8%€42k▲ 278%€72k▲ 71.4%€5k▼ 93.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€13k ▼ 18.0%
Current assets
€1.33M ▲ 48.8%
Equity and liabilities €1.34M
Equity
€579k ▼ 5.0%
Debt
€762k ▲ 155%
Debt's share of the balance-sheet total rises from 32.9% to 56.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€28k▼
2024 · €115k
Cash flow
€10k▼
2024 · €80k
Current ratio
1.74▼
2024 · 2.98
Quick ratio
1.05▼
2024 · 2.87
Debt to equity
1.32▲
2024 · 0.49
ROE
0.8%▼
2024 · 11.8%
ROA
0.3%▼
2024 · 7.9%
Interest coverage
1.69▼
2024 · 7.55
Debt ≤ 1 year
€762k▲
2024 · €299k
Income taxes
€5k▼
2024 · €23k
Staff costs
€144k▼
2024 · €145k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€908k€1.34M▲
Fixed assets21/28€16k€13k▼
Tangible fixed assets22/27€16k€13k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€11k€9k▼
Current assets29/58€893k€1.33M▲
Stocks and contracts in progress3€35k€528k▲
Stocks30/36€35k€528k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€377k€640k▲
Trade receivables40€357k€608k▲
Other amounts receivable41€20k€32k▲
Cash at bank and in hand54/58€478k€159k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€908k€1.34M▲
Equity10/15€609k€579k▼
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€570k€540k▼
Amounts payable17/49€299k€762k▲
Amounts payable within one year42/48€299k€762k▲
Financial debts43€100k€150k▲
Credit institutions430/8€100k€150k▲
Trade debts44€137k€560k▲
Suppliers440/4€137k€560k▲
Advances received on contracts in progress46€453€2k▲
Taxes, remuneration and social security45€23k€15k▼
Taxes450/3€6k€0▼
Remuneration and social security454/9€17k€15k▼
Other amounts payable47/48€39k€35k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€145k€144k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€263k€173k▼
Operating profit (loss)9901€107k€22k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€95k€9k▼
Income taxes67/77€23k€5k▼
Profit (loss) for the period9904€72k€5k▼
Profit (loss) for the period to be appropriated9905€72k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€610k€575k▼
Profit (loss) brought forward from the previous period14P€538k€570k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€39k€35k▼
Return on contributions (dividend)694€39k€35k▼
Social balance
Average headcount (FTE)90871.61.6=
The notes to these accounts (10 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €5k ▼93.6%
Net result drops to €5k, the lowest in the series.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €180k ▲40.1%
Operating result €256k, net result €180k, both a record.
30-06
Financial
Equity above €500kEq €550k ▲48.6%
3 profitable years in a row build equity to €550k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Spa · 1 establishment unit since 1998
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.
Chemin Sous-Bois 324900 SpaGround area
3,036 m²
Building footprint
443 m²
Volume, LiDAR
3,100 m³
Parcel 63072H0510/00E000, Wallonia · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chemin Sous-Bois 32, 4900 Spa
since 19982.086.447.036
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072H0510/00E000 | Wallonia | 3,036 m² | 1 · 443 m² | 14.9 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.
Similar companies · same sector, comparable size
MAHUT & FILS
BE 0500.489.712
Tournai · Eq €579,682
DEKO
BE 0439.213.030
Koksijde · Eq €579,881
SQUARE L SA
BE 0449.359.527
Vorst · Eq €580,104
T and T TRADING
BE 0455.604.446
Grimbergen · Eq €576,781
NO LIMITS
BE 0452.699.493
Lille · Eq €580,351
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,463 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-1998
Fiscal year end30-06
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.