LICHTIM
ActiveSummary
LICHTIM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505,212 and a net result of -€46,586. Its solvency ranks better than 31% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €505,212
- Loss
- -€46,586
- Largest shareholder
- Liveco Invest · 50%
- Liveco InvestDirector · permanent representative VERYSER Lien Frieda Barbara
- LT-INVESTDirector · permanent representative DEZEURE Lien Ria
Why 86raises riskLiquidity: current ratio 0.56, cash €48,927, halvedlowers riskSize: total assets €4.2mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 30-03-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 31% on solvency, 18% on liquidity, 20% on profitability and 24% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 106 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Appointments: Moore Audit BV (bedrijfsrevisor inzake…Capital contribution · Share issue…
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is nearly 4.5 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate 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).
Peer companies
Historical observationOf the 440 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95.5% are still going.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 440 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,673 | €80,401 | ▲ 20.6% |
| Other operating charges640/8 | €8,560 | €4,977 | ▼ 41.9% |
| Gross operating margin9900 | €88,393 | €143,946 | ▲ 62.8% |
| Operating profit (loss)9901 | €13,160 | €58,568 | ▲ 345% |
| Financial income75/76B | €16,771 | €11,490 | ▼ 31.5% |
| Recurring financial income75 | €16,771 | €11,490 | ▼ 31.5% |
| Financial charges65/66B | €83,133 | €116,644 | ▲ 40.3% |
| Recurring financial charges65 | €83,133 | €116,644 | ▲ 40.3% |
| Profit (loss) for the period before taxes9903 | -€53,202 | -€46,586 | ▲ 12.4% |
| Profit (loss) for the period9904 | -€53,202 | -€46,586 | ▲ 12.4% |
| Profit (loss) for the period to be appropriated9905 | -€53,202 | -€46,586 | ▲ 12.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €3.7m | €4.2m | ▲ 12.5% |
| Formation expenses20 | €0.004m | €0.003m | ▼ 29.4% |
| Fixed assets21/28 | €2.5m | €2.9m | ▲ 16.3% |
| Tangible fixed assets22/27 | €2.5m | €2.9m | ▲ 16.3% |
| Land and buildings22 | €2.5m | €2.9m | ▲ 16.3% |
| Current assets29/58 | €1.2m | €1.3m | ▲ 4.9% |
| Stocks and contracts in progress3 | €1.0m | €1.2m | ▲ 20.7% |
| Stocks30/36 | €0.2m | €0.2m | ▼ 19.3% |
| Contracts in progress37 | €0.8m | €1.0m | ▲ 33.7% |
| Amounts receivable within one year40/41 | €0.03m | €0.002m | ▼ 93.5% |
| Trade receivables40 | €0.02m | €0 | ▼ 100% |
| Other amounts receivable41 | €0.02m | €0.002m | ▼ 86.7% |
| Cash at bank and in hand54/58 | €0.2m | €0.05m | ▼ 70.7% |
| Deferred charges and accrued income490/1 | €0.01m | €0.01m | ▲ 40.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €3.7m | €4.2m | ▲ 12.5% |
| Equity10/15 | €0.6m | €0.5m | ▼ 8.4% |
| Contributions10/11 | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | -€0.05m | -€0.1m | ▼ 87.6% |
| Amounts payable17/49 | €3.2m | €3.7m | ▲ 16.2% |
| Amounts payable after more than one year17 | €1.5m | €1.4m | ▼ 5.3% |
| Financial debts170/4 | €1.4m | €1.3m | ▼ 5.6% |
| Other amounts payable178/9 | €0.08m | €0.08m | = |
| Amounts payable within one year42/48 | €1.7m | €2.3m | ▲ 34.8% |
| Current portion of amounts payable after more than one year42 | €0.05m | €0.08m | ▲ 44.7% |
| Financial debts43 | €0.7m | €1.1m | ▲ 53.0% |
| Credit institutions430/8 | €0.7m | €1.1m | ▲ 53.0% |
| Trade debts44 | €0.2m | €0.06m | ▼ 67.8% |
| Suppliers440/4 | €0.2m | €0.06m | ▼ 67.8% |
| Advances received on contracts in progress46 | €0.1m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €0.008m | €0.006m | ▼ 29.4% |
| Taxes450/3 | €0.008m | €0.006m | ▼ 29.4% |
| Other amounts payable47/48 | €0.6m | €1.0m | ▲ 67.3% |
| Accrued charges and deferred income492/3 | €0.02m | €0.02m | ▲ 8.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€53,202 | -€46,586 | ▲ 12.4% |
| + Depreciation and write-downs630 | €66,673 | €80,401 | ▲ 20.6% |
| Operating cash flow (approximation) | €13,471 | €33,815 | ▲ 151% |
| Investment in fixed assets (approximation) | - | -€487,442 | - |
| Change in cash | - | -€118,190 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-03-2026 | 2026-00066508 |
| 31-12-2024 | abbreviated format | 07-05-2025 | 2025-00093377 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 2
Statutory auditor 2
Mandate history
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Liveco Invest |
|
| LT-INVEST |
|
| Kristof Planquette |
|
| Moore Audit |
|
Owners and capital
Owners
1 ownerOwners 1
-
50%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- Thijs DEWICKE 29,250 shares
- Lien DEZEURE 29,250 shares
- Thijs DEWICKE
- Lien DEZEURE
- Lien Veryser
- Brecht Vanlerberghe
- DEWICKE Thijs Willem 500 shares · €10,000
- DEZEURE Lien Ria founder
- VERYSER Lien Frieda Barbara 250 shares · €5,000
- VANLERBERGHE Brecht Luc Cornelius 250 shares · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
5 connected companiesShow 1 more companies with a shared director
History
Acts, filings and financial milestones
03-05
Gazette deed
Appointments: Moore Audit BV (bedrijfsrevisor inzake inbreng in natura) and Kristof Planquette (bedrijfsrevisor inzake inbreng in natura)Capital contribution · Share issue · Kind of shares17 facts ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- General meeting, “eenparigheid van stemmen, voorlezing bijzonder verslag bestuursorgaan en revisoraal verslag” (deed in Dutch)
- Auditor appointment, Moore Audit BV (bedrijfsrevisor inzake inbreng in natura)
- Auditor appointment, Kristof Planquette (bedrijfsrevisor inzake inbreng in natura)
- Other provision, “kennisname verslagen door aandeelhouders, wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “griffie van de ondernemingsrechtbank, neerlegging verslagen bij griffie” (deed in Dutch)
- Capital contribution (3 times)
- Share issue, EUR, “zelfde rechten en voordelen als bestaande aandelen” (deed in Dutch) (2 times)
- Other provision, “verklaring inbrengers” (deed in Dutch) (2 times)
- Other provision, “vaststelling verwezenlijking inbreng” (deed in Dutch)
- Kind of shares, “Aaandelen, Baandelen” (deed in Dutch)
- Shareholding, “1 tot en met 500 en 1001 tot en met 30250” (deed in Dutch) (2 times)
- +5 further facts in this act
16-05
Gazette deed
IncorporationAppointments: LT-INVEST (director) and LIVECO-INVEST (director) · Permanent representatives: DEZEURE Lien Ria and VERYSER Lien Frieda Barbara · Founder16 facts ▸
- Founder, DEWICKE Thijs Willem
- Founder, DEZEURE Lien Ria
- Other provision, “huwelijksstelsel, wettelijk stelsel bij gebrek aan huwelijkscontract” (deed in Dutch)
- Founder, VERYSER Lien Frieda Barbara
- Founder, VANLERBERGHE Brecht Luc Cornelius
- Incorporation, 11-05-2023
- Registered office clause, “8810 Lichtervelde,Statiestraat 69” (deed in Dutch)
- Bank account, “BE….”, 10-05-2023 (deed in Dutch)
- Registered office clause, “8810 Lichtervelde, Statiestraat 69, oprichters” (deed in Dutch)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening van vennootschap gesteld voor oprichting” (deed in Dutch)
- Director appointment, LT-INVEST (director (not named in the articles))
- Permanent representative, DEZEURE Lien Ria
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0801.735.187
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36011F0495/00E000 | Flanders | 4,271 m² | 1 · 2,118 m² | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LICHTIM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan in bijlage Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden,ten bezwarende of kosteloze titel,vrijwillig of gedwongen (uitsluiting en uittreding),in vruchtgebruik,blote…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, Artikel 33” (deed in Dutch)1 more provision on this in the deed