LCT
ActiveSummary
LCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of €9.4m, of which €9.6m non-recurring income. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 50% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, abbreviated format
In the rankings
#1 company by total assets in Zemst, Professional and technical services sector#1 company by equity in Zemst, Professional and technical services sector
2025 annual accounts filed late (33 days) Filed on 5 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00049034.
Equity
€10.0m▲ 15×
2024 · €676,169
Total assets
€19.1m▲ 646%
2024 · €2.6m
Net result
€9.4m▲ 58×
2024 · €160,586
Working capital
-€886,856▲ 37.5%
2024 · -€1.4m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €119,866 after €234,058 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.1m
2025
Net result€9.4m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€19.1m
2025
Equity€10.0m
2025
Debt€9.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)49.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency52.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.64
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.004m--€0.006m▼ 76.2%€0.005m€0.05m▲ 867%€0.08m▲ 60.1%€0.2m▲ 186%-€0.1m
Net result€0.2m-€0.001mwithin the sector's middle half▼ 99.3%€0.02mwithin the sector's middle half▲ 12×€0.05mwithin the sector's middle half▲ 235%€0.1mwithin the sector's middle half▲ 159%€0.2mwithin the sector's middle half▲ 17.7%€9.4mabove the sector's middle half▲ 58×
Equity€0.3m-€0.3mwithin the sector's middle half▲ 0.4%€0.3mwithin the sector's middle half▲ 5.1%€0.4mwithin the sector's middle half▲ 16.2%€0.5mwithin the sector's middle half▲ 36.0%€0.7mwithin the sector's middle half▲ 31.1%€10.0mabove the sector's middle half▲ 15×
Total assets€1.0m-€1.6mwithin the sector's middle half▲ 56.1%€1.5mwithin the sector's middle half▼ 1.8%€1.4mwithin the sector's middle half▼ 7.4%€1.3mwithin the sector's middle half▼ 6.7%€2.6mwithin the sector's middle half▲ 93.8%€19.1mabove the sector's middle half▲ 646%
Debt€0.7m-€1.2m▲ 81.1%€1.2m▼ 3.5%€1.0m▼ 13.8%€0.8m▼ 22.3%€1.9m▲ 134%€9.0m▲ 380%
Working capital-€0.3m-€0.2mwithin the sector's middle half€0.1mwithin the sector's middle half▼ 34.6%€0.08mwithin the sector's middle half▼ 40.1%€0.3mwithin the sector's middle half▲ 282%-€1.4mbelow the sector's middle half-€0.9mbelow the sector's middle half▲ 37.5%
Solvency31.0%-20.0%below the sector's middle half▼ 11.1pp21.3%below the sector's middle half▲ 1.4pp26.8%within the sector's middle half▲ 5.4pp39.0%within the sector's middle half▲ 12.2pp26.4%within the sector's middle half▼ 12.6pp52.6%within the sector's middle half▲ 26.2pp
Current ratio0.49-1.31within the sector's middle half▲ 0.821.19within the sector's middle half▼ 0.121.11within the sector's middle half▼ 0.081.68within the sector's middle half▲ 0.570.18below the sector's middle half▼ 1.500.64within the sector's middle half▲ 0.46
Return on assets (ROA)19.9%-0.1%below the sector's middle half▼ 19.8pp1.0%within the sector's middle half▲ 0.9pp3.7%within the sector's middle half▲ 2.7pp10.3%within the sector's middle half▲ 6.6pp6.3%within the sector's middle half▼ 4.1pp49.1%above the sector's middle half▲ 42.8pp
Staff (FTE)1-0.1below the sector's middle half▼ 90.0%0.6within the sector's middle half
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.1m
Fixed assets
€17.5m ▲ 679%
Current assets
€1.6m ▲ 405%
Equity and liabilities €19.1m
Equity
€10.0m ▲ 15×
Debt
€9.0m ▲ 380%
Debt's share of the balance-sheet total falls from 73.6% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55,226▼
2024 · €320,912
Cash flow
€9.5m▲
2024 · €247,440
Debt to equity
0.90▼
2024 · 2.79
ROE
93.3%▲
2024 · 23.7%
Interest coverage
0.80▼
2024 · 8.96
Debt ≤ 1 year
€2.5m▲
2024 · €1.7m
Debt > 1 year
€6.5m▲
2024 · €83,618
Income taxes
€1,181▼
2024 · €70,413
Staff costs
€53,502
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.2m | - | €0.3m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €0.05m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €469 | €0.007m | €0.09m | €0.2m | ▲ 102% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.006m | €0.005m | €0.007m | ▲ 49.8% |
| Non-recurring operating charges66A | - | - | - | €0.2m | €85 | - | - | - |
| Gross operating margin9900 | €0.08m | €0.03m | €0.006m | €0.2m | €0.09m | €0.3m | €0.1m | ▼ 64.5% |
| Operating profit (loss)9901 | -€0.004m | -€0.006m | €0.005m | €0.05m | €0.08m | €0.2m | -€0.1m | - |
| Financial income75/76B | - | - | - | €0.08m | €0.2m | €0.03m | €9.7m | ▲ 295× |
| Recurring financial income75 | €0.02m | €0.05m | €0.1m | €0.08m | €0.06m | €0.03m | €0.06m | ▲ 94.8% |
| Non-recurring financial income76B | - | - | - | - | €0.09m | - | €9.6m | - |
| Financial charges65/66B | - | - | - | €0.06m | €0.07m | €0.04m | €0.2m | ▲ 372% |
| Recurring financial charges65 | €0.02m | €0.04m | €0.1m | €0.06m | €0.07m | €0.04m | €0.07m | ▲ 93.1% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.1m | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.002m | €0.02m | €0.07m | €0.2m | €0.2m | €9.4m | ▲ 41× |
| Income taxes67/77 | €0.001m | €490 | €0.006m | €0.02m | €0.02m | €0.07m | €0.001m | ▼ 98.3% |
| Profit (loss) for the period9904 | €0.2m | €0.001m | €0.02m | €0.05m | €0.1m | €0.2m | €9.4m | ▲ 58× |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.001m | €0.02m | €0.05m | €0.1m | €0.2m | €9.4m | ▲ 58× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.6m | €1.5m | €1.4m | €1.3m | €2.6m | €19.1m | ▲ 646% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €2.2m | €17.5m | ▲ 679% |
| Intangible fixed assets21 | - | - | - | - | - | €0.8m | €0.7m | ▼ 15.4% |
| Tangible fixed assets22/27 | - | - | - | €0.009m | €0.02m | €0.1m | €0.1m | ▼ 15.6% |
| Furniture and vehicles24 | - | - | - | €0.009m | €0.02m | €0.1m | €0.1m | ▼ 15.6% |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | €1.3m | €16.7m | ▲ 13× |
| Current assets29/58 | €0.3m | €0.8m | €0.8m | €0.7m | €0.7m | €0.3m | €1.6m | ▲ 405% |
| Amounts receivable within one year40/41 | €0.3m | €0.8m | €0.8m | €0.4m | €0.7m | €0.3m | €1.5m | ▲ 393% |
| Trade receivables40 | - | - | - | €0.07m | €0.1m | €0.3m | €0.2m | ▼ 32.3% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.6m | €0.02m | €1.3m | ▲ 69× |
| Cash at bank and in hand54/58 | €2 | €28 | €0.002m | €0.3m | €0.02m | €0.005m | €0.05m | ▲ 12× |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.006m | €0.004m | €0.02m | ▲ 590% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.6m | €1.5m | €1.4m | €1.3m | €2.6m | €19.1m | ▲ 646% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.7m | €10.0m | ▲ 15× |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.7m | €10.0m | ▲ 15× |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.5m | €0.7m | €10.0m | ▲ 15× |
| Amounts payable17/49 | €0.7m | €1.2m | €1.2m | €1.0m | €0.8m | €1.9m | €9.0m | ▲ 380% |
| Amounts payable after more than one year17 | €0.2m | €0.6m | €0.4m | €0.3m | €0.3m | €0.08m | €6.5m | ▲ 78× |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.08m | €6.5m | ▲ 78× |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.7m | €0.7m | €0.4m | €1.7m | €2.5m | ▲ 43.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.005m | €0.03m | €0.4m | ▲ 13× |
| Financial debts43 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 1.3% |
| Credit institutions430/8 | - | - | - | - | - | €0.002m | €0.001m | ▼ 34.8% |
| Other loans439 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Trade debts44 | €0.07m | €0.2m | €0.03m | €0.3m | €0.007m | €1.3m | €0.3m | ▼ 78.1% |
| Suppliers440/4 | - | - | - | €0.3m | €0.007m | €1.3m | €0.3m | ▼ 78.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.03m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.09m | €0.02m | ▼ 71.5% |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.09m | €0.008m | ▼ 90.2% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.02m | - |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.3m | €0.3m | €1.7m | ▲ 456% |
| Accrued charges and deferred income492/3 | - | - | - | €0.07m | €0.07m | €0.06m | €0.02m | ▼ 75.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.001m | €0.02m | €0.05m | €0.1m | €0.2m | €9.4m | ▲ 58× |
| + Depreciation and write-downs630 | - | - | - | €469 | €0.007m | €0.09m | €0.2m | ▲ 102% |
| Operating cash flow (approximation) | €0.2m | €0.001m | €0.02m | €0.05m | €0.1m | €0.2m | €9.5m | ▲ 39× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0.06m | €0.06m | -€1.7m | -€15.4m | ▼ 793% |
| Change in cash | - | €27 | €0.002m | €0.3m | -€0.3m | -€0.01m | €0.05m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 05-03-2026 | 2026-00049034 |
| 30-06-2024 | abbreviated format | 30-01-2025 | 2025-00015730 |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00015970 |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00012732 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-02900030 |
| 30-06-2020 | abbreviated format | 01-02-2021 | 2021-03200001 |
| 30-06-2019 | abbreviated format | 16-01-2020 | 2020-01100220 |
| 30-06-2018 | abbreviated format | 15-02-2019 | 2019-05000208 |
| 30-06-2017 | abbreviated format | 02-02-2018 | 2018-03900134 |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-02700134 |
Similar companies · same sector, comparable size
ELIOfI
BE 0643.577.380
Ukkel · equity €10,040,770
B.D.W. HOLDING
BE 0886.010.569
Sint-Katelijne-Waver · equity €10,047,726
DORADE INVESTMENTS
BE 0862.705.033
Etterbeek · equity €10,028,243
NO.M
BE 0450.836.402
Antwerpen · equity €10,070,579
VEDIS
BE 0400.038.094
Gent · equity €10,010,618
Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,254. 6,878 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.