Skip to content

LETATECH

Active
Private limited company (pre-2019)founded 2018active for 8 yearsZwevegemstraat(O) 50, 8553 Zwevegem, BelgiumKBO/BCE: BE 0711.742.151
Summary

The computed 12-month bankruptcy probability of LETATECH is 8.8% (elevated). The 2024 annual accounts show equity of €76,096 and a net result of €27,834. Equity has been shrinking by about 13% per year since 2019. Its solvency ranks better than 37% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-10-2018 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 6 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
112 Paritair Comité voor het garagebedrijf
124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
Establishment units
2.281.308.059 8553 Zwevegem, since 16-10-2018
2.305.214.601 8530 Harelbeke, since 11-05-2020
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board
  • Leta RodriguezDirector · since 16-10-2018

Financial position

33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.8%
Annual accounts 2024
Gross margin
€208,790
▲ 110%
Turnover
≈ €1.1m
estimated
Profit
€27,834
Equity
€76,096
▲ 11.5%
Total assets
€426,993
▲ 9.7%
Employees on 31-12-2024
4
=
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 215 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 07-03-2026)Founded in 20182 establishment unitsShow the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Average
Solvency 43=
equity 17.8% of total assets
Liquidity 29-2
short-term debt 43.9% · cash 0.5%
Profitability 63+58
return on assets 6.5%
Bankruptcy probability within 12 months
8.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 5.2% 01-2025: 4.8%▼ -0.4 percentage points vs 12-2024 02-2025: 4.9%▲ +0.1 percentage points vs 01-2025 03-2025: 4.9%● unchanged vs 02-2025 04-2025: 4.8%▼ -0.1 percentage points vs 03-2025 05-2025: 4.6%▼ -0.2 percentage points vs 04-2025 06-2025: 4.4%▼ -0.2 percentage points vs 05-2025 07-2025: 4.2%▼ -0.2 percentage points vs 06-2025lowest value 08-2025: 4.8%▲ +0.6 percentage points vs 07-2025 09-2025: 5.0%▲ +0.2 percentage points vs 08-2025 10-2025: 6.6%▲ +1.6 percentage points vs 09-2025 11-2025: 6.8%▲ +0.2 percentage points vs 10-2025 12-2025: 8.0%▲ +1.2 percentage points vs 11-2025 01-2026: 10.2%▲ +2.2 percentage points vs 12-2025 02-2026: 10.2%● unchanged vs 01-2026 03-2026: 10.5%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 6.4%▼ -4.1 percentage points vs 03-2026 05-2026: 6.8%▲ +0.4 percentage points vs 04-2026 06-2026: 6.2%▼ -0.6 percentage points vs 05-2026 07-2026: 6.1%▼ -0.1 percentage points vs 06-2026 08-2026: 6.7%▲ +0.6 percentage points vs 07-2026 09-2026: 6.9%▲ +0.2 percentage points vs 08-2026 10-2026: 8.8%▲ +1.9 percentage points vs 09-2026 11-2026: 8.8%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.98 (0.78 in 2023), below 1. Short-term debt is 43.9% and cash 0.5% of total assets. 82.2% 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 47, micro). It does better than 34% of them on solvency, 27% on liquidity, 45% on profitability and 63% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 215 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 07-03-2026)
NBB · annual accounts
raises risk · Founded in 2018
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 · 2 establishment units
KBO · seat and establishments
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, 94 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 215 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-03-2026, 215 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
215 days late
2023
42 days late
2022
33 days early
2021
121 days late
2020
95 days late
2019
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 83 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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

  • Positive: Back in profit in 2024after a loss of €43,508 in 2023 €27,834 View
  • Positive: Higher net result than 80% of companies in retail tradesector median €4,565 · 25,543 companies €27,834 View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as LETATECH: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €375,000 and €500,000, founded between 2017 and 2019.

CompanyTotal assetsGross margin
LETATECH Zwevegem€426,993€208,790
WERNER STEFAN Koksijde€375,211€158,685
Garage Denutte Wevelgem€499,790€239,151
SPLICAR Fleurus€381,381€254,637
S-INVESTS Sint-Agatha-Berchem€411,491€154,995
SALE4YOU Wezembeek-Oppem€387,595€191,489
ARCADI ALLIANCE Charleroi€395,080€152,340
Full comparison

Key facts about LETATECH

What is the company number of LETATECH?
The company number of LETATECH is 0711.742.151. The VAT number is the same number with BE in front: BE 0711.742.151.
Where is LETATECH based?
The registered office is at Zwevegemstraat(O) 50, 8553 Zwevegem.Company details
What does LETATECH do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of LETATECH?
The legal form of LETATECH is Private limited company (pre-2019) (BVBA).
When was LETATECH founded?
LETATECH was founded on 16-10-2018.
Is LETATECH still active?
Yes, LETATECH is an active enterprise in the KBO register.
How many employees does LETATECH have?
LETATECH had an average of 3.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does LETATECH fall under?
In its 2023 annual accounts, LETATECH states joint committees 200 (Aanvullend Paritair Comité voor de bedienden), 112 (Paritair Comité voor het garagebedrijf) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of LETATECH?
The turnover in financial year 2024 is ≈ €1.1m. This figure is estimated from the gross margin of €208,790 and 38 comparable companies (NACE 47811). It probably lies between €730,000 and €2.8m.
Is LETATECH profitable?
In financial year 2024, LETATECH made a profit of €27,834.
Where can I find the annual accounts of LETATECH?
LETATECH filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.