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LIHOTRANS

Active
Private limited companyfounded 197353 yrs activeKarreweg 28, 9870 Zulte, BelgiumKBO/BCE: BE 0413.396.677

LIHOTRANS has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €4k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 1839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-17
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.39 in 2024; short-term debt: 14.3% and cash: 3.9% of total assets), and 14.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 53 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
85.7%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
2 d early
2023
1 d early
2022
5 d early
2021
on the day
2020
32 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€259k▲ 1.5%
2024 · €255k
2018: €211k 2019: €223k 2020: €228k 2021: €201k 2022: €230k 2023: €230k 2024: €255k
2018 → 2025
Total assets
€302k▼ 2.1%
2024 · €309k
2018: €449k 2019: €430k 2020: €370k 2021: €312k 2022: €348k 2023: €300k 2024: €309k
2018 → 2025
Net result
€4k▼ 84.2%
2024 · €25k
2018: €17k 2019: €11k 2020: €5k 2021: €-18k 2022: €29k 2023: €171 2024: €25k
2018 → 2025
Working capital
€-29k▲ 4.7%
2024 · €-31k
2018: €-113k 2019: €-110k 2020: €-83k 2021: €-94k 2022: €-55k 2023: €-56k 2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€201k-€230k▲ 14.4%€230k▲ 0.1%€255k▲ 10.8%€259k▲ 1.5%
Operating result€-24k-€32k€831▼ 97.4%€34k▲ 3,931%€7k▼ 79.4%
Net result€-18k-€29k€171▼ 99.4%€25k▲ 14,424%€4k▼ 84.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €-24k€-24kNet result 2021: €-18k€-18kOperating result 2022: €32k€32kNet result 2022: €29k€29kOperating result 2023: €831€831Net result 2023: €171€171Operating result 2024: €34k€34kNet result 2024: €25k€25kOperating result 2025: €7k€7kNet result 2025: €4k€4k20212022202320242025
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets €289k▼ 0.2%
Current assets €14k▼ 29.7%
Equity and liabilities €302k
Equity €259k▲ 1.5%
Debt €43k▼ 19.2%
The debt ratio falls from 17.3% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7k
2024 · €34k
Cash flow
€4k
2024 · €25k
Solvency
85.7%
2024 · 82.7%
Current ratio
0.32
2024 · 0.39
Quick ratio
0.32
2024 · 0.39
Debt / equity
0.17
2024 · 0.21
ROE
1.5%
2024 · 9.8%
ROA
1.3%
2024 · 8.1%
Interest coverage
5.01
2024 · 251.86
Debt
€43k
2024 · €53k
Debt ≤ 1 year
€43k
2024 · €51k
Income taxes
€1k
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€309k€302k
Fixed assets21/28€289k€289k
Tangible fixed assets22/27€289k€289k
Land and buildings22€289k€289k
Current assets29/58€20k€14k
Amounts receivable within one year40/41€8k€747
Trade receivables40€8k€0
Other amounts receivable41-€747
Cash at bank and in hand54/58€12k€12k
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€309k€302k
Equity10/15€255k€259k
Contributions10/11€19k€19k=
Reserves13€237k€241k
Tax-exempt reserves132€12k€12k=
Distributable reserves133€225k€229k
Profit (loss) carried forward14€271€208
Amounts payable17/49€53k€43k
Amounts payable within one year42/48€51k€43k
Trade debts44€933€3k
Suppliers440/4€933€3k
Taxes, remuneration and social security45€11k€2k
Taxes450/3€11k€2k
Other amounts payable47/48€39k€39k=
Accrued charges and deferred income492/3€3k€0
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€451€451=
Other operating charges640/8€1k€1k
Gross operating margin9900€35k€9k
Operating profit (loss)9901€34k€7k
Financial charges65/66B€135€1k
Recurring financial charges65€135€1k
Profit (loss) for the period before taxes9903€33k€5k
Income taxes67/77€8k€1k
Profit (loss) for the period9904€25k€4k
Profit (loss) for the period to be appropriated9905€25k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€38k€4k
Profit (loss) brought forward from the previous period14P€13k€271
Transfer to equity691/2€38k€4k
To other reserves6921€38k€4k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €29k
Net result €29k after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-18k ▼445%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Zulte · 1 establishment unit since 1973
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Karreweg 289870 Zulte
Ground area
1.5 ha
Building footprint
151 m²
Volume, LiDAR
660 m³
2 parcels, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bosstraat 15, 1755 Pajottegem
NACE 5153104
since 19732.008.576.228
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0448/00B003 Flanders 1.3 ha - -
23042A0070/00M000 Flanders 1,503 m² 1 · 151 m² 6.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 997 companies in sector 49420 we hold annual accounts for 451. 316 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-08-1973
Fiscal year end31-12
Activities, NACEBEL
49420Removal services
60241
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.