LE LITHERER
ActiveSummary
LE LITHERER has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €278k and a net result of €38k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 227 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability77▲+8
Solvency75▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.67 against 3.33 in 2025; short-term debt: 24.1% and cash: 4.5% of total assets), and 49.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
50.5%
Return on assets
7%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 31-07-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
31 d early
2025
26 d early
2024
17 d early
2023
38 d early
2022
104 d early
2021
63 d early
2020
20 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 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€278k▲ 16.0%
2025 · €240k
2019: €152klowest in 8 years
2020: €163k▲ +6.8% vs 2019
2021: €178k▲ +9.5% vs 2020
2022: €187k▲ +5.2% vs 2021
2023: €195k▲ +4.2% vs 2022
2024: €225k▲ +15.4% vs 2023
2025: €240k▲ +6.5% vs 2024
2026: €278k▲ +16.0% vs 2025highest in 8 years
2019 → 2026
Total assets
€551k▲ 10.2%
2025 · €499k
2019: €356klowest in 8 years
2020: €381k▲ +7.0% vs 2019
2021: €366k▼ -3.9% vs 2020
2022: €363k▼ -0.8% vs 2021
2023: €358k▼ -1.5% vs 2022
2024: €382k▲ +6.8% vs 2023
2025: €499k▲ +30.6% vs 2024
2026: €551k▲ +10.2% vs 2025highest in 8 years
2019 → 2026
Net result
€38k▲ 161%
2025 · €15k
2019: €14k
2020: €10k▼ -25.4% vs 2019
2021: €15k▲ +49.7% vs 2020
2022: €9k▼ -40.6% vs 2021
2023: €8k▼ -15.0% vs 2022lowest in 8 years
2024: €30k▲ +284% vs 2023
2025: €15k▼ -51.3% vs 2024
2026: €38k▲ +161% vs 2025highest in 8 years
2019 → 2026
Working capital
€221k▼ 15.1%
2025 · €261k
2019: €116klowest in 8 years
2020: €139k▲ +19.9% vs 2019
2021: €158k▲ +13.7% vs 2020
2022: €177k▲ +12.5% vs 2021
2023: €195k▲ +9.9% vs 2022
2024: €214k▲ +9.8% vs 2023
2025: €261k▲ +21.7% vs 2024highest in 8 years
2026: €221k▼ -15.1% vs 2025
2019 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€187k-€195k▲ 4.2%€225k▲ 15.4%€240k▲ 6.5%€278k▲ 16.0%
2022: €187klowest in 5 years
2023: €195k▲ +4.2% vs 2022
2024: €225k▲ +15.4% vs 2023
2025: €240k▲ +6.5% vs 2024
2026: €278k▲ +16.0% vs 2025highest in 5 years
Operating result€21k-€20k▼ 4.1%€48k▲ 138%€25k▼ 48.5%€63k▲ 153%
2022: €21k
2023: €20k▼ -4.1% vs 2022lowest in 5 years
2024: €48k▲ +138% vs 2023
2025: €25k▼ -48.5% vs 2024
2026: €63k▲ +153% vs 2025highest in 5 years
Net result€9k-€8k▼ 15.0%€30k▲ 284%€15k▼ 51.3%€38k▲ 161%
2022: €9k
2023: €8k▼ -15.0% vs 2022lowest in 5 years
2024: €30k▲ +284% vs 2023
2025: €15k▼ -51.3% vs 2024
2026: €38k▲ +161% vs 2025highest in 5 years
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 2026; 2026 is 153% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €551k
Fixed assets
€196k ▲ 54.8%
Current assets
€354k ▼ 5.0%
Equity and liabilities €551k
Equity
€278k ▲ 16.0%
Debt
€273k ▲ 4.9%
Debt's share of the balance-sheet total falls from 52.0% to 49.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▲
2025 · €42k
Cash flow
€67k▲
2025 · €31k
Current ratio
2.67▼
2025 · 3.33
Quick ratio
0.26▼
2025 · 0.92
Debt to equity
0.98▼
2025 · 1.08
ROE
13.8%▲
2025 · 6.1%
ROA
7.0%▲
2025 · 2.9%
Interest coverage
7.32▲
2025 · 5.58
Debt ≤ 1 year
€133k▲
2025 · €112k
Debt > 1 year
€140k▼
2025 · €148k
Income taxes
€13k▲
2025 · €4k
Staff costs
€145k▼
2025 · €149k
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 · 2026 against 2025 · 52 lines
Balance sheet
Code20252026
Assets
Total assets20/58€499k€551k▲
Fixed assets21/28€127k€196k▲
Tangible fixed assets22/27€127k€196k▲
Land and buildings22€33k€105k▲
Plant, machinery and equipment23€7k€20k▲
Furniture and vehicles24€52k€43k▼
Other tangible fixed assets26€35k€29k▼
Financial fixed assets28€85€85=
Current assets29/58€372k€354k▼
Stocks and contracts in progress3€270k€319k▲
Stocks30/36€270k€319k▲
Amounts receivable within one year40/41€6k€10k▲
Trade receivables40€6k€3k▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€96k€25k▼
Deferred charges and accrued income490/1€580€616▲
Equity and liabilities
Total equity and liabilities10/49€499k€551k▲
Equity10/15€240k€278k▲
Contributions10/11€115k€115k=
Reserves13€43k€53k▲
Distributable reserves133€43k€53k▲
Profit (loss) carried forward14€82k€110k▲
Amounts payable17/49€260k€273k▲
Amounts payable after more than one year17€148k€140k▼
Financial debts170/4€148k€140k▼
Amounts payable within one year42/48€112k€133k▲
Current portion of amounts payable after more than one year42€23k€30k▲
Trade debts44€44k€61k▲
Suppliers440/4€44k€61k▲
Taxes, remuneration and social security45€40k€42k▲
Taxes450/3€18k€16k▼
Remuneration and social security454/9€21k€26k▲
Other amounts payable47/48€5k€333▼
Income statement
Code20252026
Remuneration, social security and pensions62€149k€145k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€28k▲
Other operating charges640/8€12k€7k▼
Non-recurring operating charges66A€100-
Gross operating margin9900€203k€243k▲
Operating profit (loss)9901€25k€63k▲
Financial income75/76B€1k€780▼
Recurring financial income75€1k€780▼
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€19k€51k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€15k€38k▲
Profit (loss) for the period to be appropriated9905€15k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€95k€120k▲
Profit (loss) brought forward from the previous period14P€80k€82k▲
Transfer to equity691/2€13k€10k▼
To other reserves6921€13k€10k▼
Social balance
Average headcount (FTE)9087-7.8
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €150k | €161k | €164k | €149k | €145k | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €20k | €14k | €17k | €28k | ▲ 69.3% |
| Other operating charges640/8 | €8k | €7k | €17k | €12k | €7k | ▼ 46.1% |
| Non-recurring operating charges66A | - | - | - | €100 | - | - |
| Gross operating margin9900 | €201k | €208k | €244k | €203k | €243k | ▲ 19.5% |
| Operating profit (loss)9901 | €21k | €20k | €48k | €25k | €63k | ▲ 153% |
| Financial income75/76B | €217 | €504 | €337 | €1k | €780 | ▼ 46.7% |
| Recurring financial income75 | €217 | €504 | €337 | €1k | €780 | ▼ 46.7% |
| Financial charges65/66B | €7k | €8k | €5k | €7k | €12k | ▲ 67.3% |
| Recurring financial charges65 | €7k | €8k | €5k | €7k | €12k | ▲ 67.3% |
| Profit (loss) for the period before taxes9903 | €14k | €13k | €44k | €19k | €51k | ▲ 172% |
| Income taxes67/77 | €5k | €5k | €14k | €4k | €13k | ▲ 208% |
| Profit (loss) for the period9904 | €9k | €8k | €30k | €15k | €38k | ▲ 161% |
| Profit (loss) for the period to be appropriated9905 | €9k | €8k | €30k | €15k | €38k | ▲ 161% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363k | €358k | €382k | €499k | €551k | ▲ 10.2% |
| Fixed assets21/28 | €53k | €38k | €43k | €127k | €196k | ▲ 54.8% |
| Tangible fixed assets22/27 | €53k | €38k | €43k | €127k | €196k | ▲ 54.8% |
| Land and buildings22 | - | - | - | €33k | €105k | ▲ 223% |
| Plant, machinery and equipment23 | €5k | €3k | €10k | €7k | €20k | ▲ 186% |
| Furniture and vehicles24 | €14k | €3k | €2k | €52k | €43k | ▼ 17.8% |
| Other tangible fixed assets26 | €33k | €32k | €32k | €35k | €29k | ▼ 19.1% |
| Financial fixed assets28 | €85 | €85 | €85 | €85 | €85 | = |
| Current assets29/58 | €311k | €320k | €339k | €372k | €354k | ▼ 5.0% |
| Stocks and contracts in progress3 | €276k | €291k | €302k | €270k | €319k | ▲ 18.3% |
| Stocks30/36 | €276k | €291k | €302k | €270k | €319k | ▲ 18.3% |
| Amounts receivable within one year40/41 | €9k | €8k | €11k | €6k | €10k | ▲ 58.7% |
| Trade receivables40 | €8k | €8k | €11k | €6k | €3k | ▼ 46.6% |
| Other amounts receivable41 | €873 | €721 | - | - | €6k | - |
| Current investments50/53 | - | - | €1k | - | - | - |
| Cash at bank and in hand54/58 | €26k | €21k | €25k | €96k | €25k | ▼ 74.4% |
| Deferred charges and accrued income490/1 | - | - | €199 | €580 | €616 | ▲ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363k | €358k | €382k | €499k | €551k | ▲ 10.2% |
| Equity10/15 | €187k | €195k | €225k | €240k | €278k | ▲ 16.0% |
| Contributions10/11 | €112k | €112k | €115k | €115k | €115k | = |
| Capital10 | €112k | €112k | - | - | - | - |
| Issued capital100 | €112k | €112k | - | - | - | - |
| Reserves13 | €3k | €3k | €30k | €43k | €53k | ▲ 23.3% |
| Non-distributable reserves130/1 | €3k | €3k | - | - | - | - |
| Legal reserve130 | €3k | €3k | - | - | - | - |
| Distributable reserves133 | - | - | €30k | €43k | €53k | ▲ 23.3% |
| Profit (loss) carried forward14 | €72k | €80k | €80k | €82k | €110k | ▲ 34.6% |
| Amounts payable17/49 | €176k | €163k | €157k | €260k | €273k | ▲ 4.9% |
| Amounts payable after more than one year17 | €43k | €35k | €33k | €148k | €140k | ▼ 5.4% |
| Financial debts170/4 | €43k | €35k | €33k | €148k | €140k | ▼ 5.4% |
| Amounts payable within one year42/48 | €133k | €125k | €125k | €112k | €133k | ▲ 18.6% |
| Current portion of amounts payable after more than one year42 | €26k | €25k | €23k | €23k | €30k | ▲ 27.4% |
| Trade debts44 | €53k | €53k | €53k | €44k | €61k | ▲ 38.5% |
| Suppliers440/4 | €53k | €53k | €53k | €44k | €61k | ▲ 38.5% |
| Advances received on contracts in progress46 | €937 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €38k | €33k | €34k | €40k | €42k | ▲ 5.4% |
| Taxes450/3 | €9k | €10k | €16k | €18k | €16k | ▼ 10.9% |
| Remuneration and social security454/9 | €30k | €24k | €19k | €21k | €26k | ▲ 19.2% |
| Other amounts payable47/48 | €15k | €13k | €14k | €5k | €333 | ▼ 93.3% |
| Accrued charges and deferred income492/3 | - | €4k | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €8k | €30k | €15k | €38k | ▲ 161% |
| + Depreciation and write-downs630 | €21k | €20k | €14k | €17k | €28k | ▲ 69.3% |
| Operating cash flow (approximation) | €31k | €27k | €44k | €31k | €67k | ▲ 112% |
| Investment in fixed assets (approximation) | - | €-6k | €-19k | €-100k | €-98k | ▲ 2.5% |
| Change in cash | - | €-6k | €4k | €71k | €-71k | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-01
Financial
Highest result since 2019net €38k ▲161%
Operating result €63k, net result €38k, both a record.
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Equity above €200kEq €225k ▲15.4%
6 profitable years in a row build equity to €225k.
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Weakest financial yearnet €8k ▼15%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, La Roche-en-Ardenne · 1 establishment unit since 2006
Ground area
792 m²
Building footprint
348 m²
Parcel 83031A0571/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LE LITHERER
since 20062.153.608.153
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83031A0571/00C000indicative | Wallonia | 792 m² | 1 · 347 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa-Roche-en-Ardenne2.153.608.153
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Of 2,347 companies in sector 47621 we hold annual accounts for 1,248. 960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-2001
Fiscal year end31-01
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
Scores and ratios are computed by Checked and are not a credit decision.