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L.T.L. Group

Active
Private limited companyfounded 2019active for 7 yearsPieter Van Isackerlaan 18, 2100 Antwerpen, BelgiumKBO/BCE: BE 0736.681.643
Summary

The computed 12-month bankruptcy probability of L.T.L. Group is 4.9% (elevated). The 2024 annual accounts show equity of €36,198 and a net result of €9,589, of which €25,000 non-recurring income. Equity has been growing by about 34% per year since 2020. Its solvency ranks better than 17% of 1,854 sector peers (NACE 49, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-10-2019 Normal situation
Activity
Freight transport by road NACE 49410and 1 other
Establishment unit
2.294.877.765 2100 Antwerpen, since 23-10-2019
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts 2024
Gross margin
€27,336
▲ 44.0%
Turnover
≈ €97,000
estimated
Profit
€9,589
▲ 90.9%
Equity
€36,198
▲ 36.0%
Total assets
€261,472
▲ 165%
  • 2025 accounts not filed, 93 days past the deadline
Filed on 30-08-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)Sector: Land transport and transport via pipelines (NACE 49)1 financial year not filed after the legal deadline; last filed accounts filed 30 days lateFounded in 2019Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 40% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Weak
Solvency 39-13
equity 13.8% of total assets
Liquidity 9-33
short-term debt 84.9% · cash 4.3%
Profitability 73-2
return on assets 3.7%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 1.5% 01-2025: 1.4%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 1.3%● unchanged vs 02-2025lowest value 04-2025: 1.5%▲ +0.2 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 2.3%▲ +0.6 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 3.2%▲ +0.6 percentage points vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 2.5%▼ -0.7 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.7%▲ +0.2 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.8%▲ +0.2 percentage points vs 06-2026 08-2026: 3.8%▲ +1.0 percentage point vs 07-2026 09-2026: 3.8%● unchanged vs 08-2026 10-2026: 4.9%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 4.9%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.11 (1.1 in 2023), below the usual 1.5. Short-term debt is 84.9% and cash 4.3% of total assets. 86.2% of the assets are financed with debt and provisions.
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 49, micro). It does better than 25% of them on solvency, 9% on liquidity, 50% on profitability and 76% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises risk
raises risk · Figures for financial year 2024 (filed on 02-09-2025)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 30 days late
NBB · filings
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1854 sector peers (2024).
NBB · sector comparison
Position among 1854 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 30 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 filings
Deviation from the deadline
2025
not filed
2024
30 days late
2023
27 days late
2022
31 days early
2021
52 days early
2020
15 days early
← 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 8 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 87% of companies in land transportsector median €470,861 · 1,856 companies €36,198 View
  • New directorlatest change 01-01-2026 · 3 in office 1 joined View

Recent changes

  1. · Gazette deed Resignations: IGNATOV Radoslav (director) and VELCHEV Svetlin (director)Appointment: STOYANOVA Adelina (director)
  2. · Gazette deed Resignation: STAVREVMalin (director)Appointment: IGNATOVRadoslav (director)
  3. · Gazette deed Resignation: Ivaylo RALEV (director)Appointment: Svetlin VELCHEV (director)
All 13 events

Comparable companies

These companies have the same main activity as L.T.L. Group: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €200,000 and €322,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
L.T.L. Group Antwerpen€261,472€27,336
Myvatrans Houthulst€242,874€32,097
LD Trafik AM Wervik€308,586€30,542
DENIS DAVID TRANSPORTS Tournai€202,223€29,217
ELBAN Brussel€322,387€21,991
Mardaoui Trans Antwerpen€220,830€18,263
TB LINE Lille€199,897€26,336
Full comparison

Key facts about L.T.L. Group

What is the company number of L.T.L. Group?
The company number of L.T.L. Group is 0736.681.643. The VAT number is the same number with BE in front: BE 0736.681.643.
Where is L.T.L. Group based?
The registered office is at Pieter Van Isackerlaan 18, 2100 Antwerpen.Company details
What does L.T.L. Group do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of L.T.L. Group?
The legal form of L.T.L. Group is Private limited company (BV).
When was L.T.L. Group founded?
L.T.L. Group was founded on 23-10-2019.
Is L.T.L. Group still active?
Yes, L.T.L. Group is an active enterprise in the KBO register.
What is the turnover of L.T.L. Group?
The turnover in financial year 2024 is ≈ €97,000. This figure is estimated from the gross margin of €27,336 and 71 comparable companies (NACE 49410). It probably lies between €73,000 and €150,000.Financials
Is L.T.L. Group profitable?
In financial year 2024, L.T.L. Group made a profit of €9,589.
Where can I find the annual accounts of L.T.L. Group?
L.T.L. Group filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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