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LITD

Active
Private limited companyfounded 201312 yrs activeEdith Cavellstraat 220, 1180 Ukkel, BelgiumKBO/BCE: BE 0541.567.529
Summary

LITD has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,389 and a net result of €27,001. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 3494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability94▼-6
Solvency73▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.93 against 1.49 in 2024; short-term debt: 32.1% of total assets), but 52.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
3 d early
2022
on the day
2021
39 d early
2020
3 d early
2019
39 d early
2017
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 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

History

On 30 October 2013, LITD was incorporated.1 Total assets went from EUR 119,842 in 2019 to EUR 134,770 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€64,389▲ 61.4%
2024 · €39,887
Total assets
€134,770▲ 24.8%
2024 · €107,970
Net result
€27,001▼ 41.4%
2024 · €46,054
Working capital
€83,413▲ 150%
2024 · €33,342
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220242025
Operating result-€12,971-€9,284▲ 28.4%-€11,832▼ 27.4%€72,866-€47,193▼ 35.2%
Net result-€17,719-€13,563▲ 23.5%-€16,460▼ 21.4%€46,054-€27,001▼ 41.4%
Equity€23,856▼ 42.6%€10,292▼ 56.9%-€6,167€39,887-€64,389▲ 61.4%
Total assets€94,443▼ 21.2%€68,157▼ 27.8%€67,544▼ 0.9%€107,970-€134,770▲ 24.8%
Debt€70,587▼ 9.8%€57,865▼ 18.0%€73,711▲ 27.4%€68,083-€70,382▲ 3.4%
Working capital€13,740€7,550▼ 45.1%-€6,480€33,342-€83,413▲ 150%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2020: -€12,971-€12,971Net result 2020: -€17,719-€17,719Operating result 2021: -€9,284-€9,284Net result 2021: -€13,563-€13,563Operating result 2022: -€11,832-€11,832Net result 2022: -€16,460-€16,460Operating result 2024: €72,866€72,866Net result 2024: €46,054€46,054Operating result 2025: €47,193€47,193Net result 2025: €27,001€27,00120202021202220242025-€25,000€0€25,000€50,000€75,000Operating result 2022: -€11,832-€11,800Net result 2022: -€16,460-€16,500Operating result 2024: €72,866€72,900Net result 2024: €46,054€46,100Operating result 2025: €47,193€47,200Net result 2025: €27,001€27,000202220242025
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134,770
Fixed assets €8,067 ▲ 23.3%
Current assets €126,703 ▲ 24.9%
Equity and liabilities €134,770
Equity €64,389 ▲ 61.4%
Debt €70,382 ▲ 3.4%
Debt's share of the balance-sheet total falls from 63.1% to 52.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,988▼
2024 · €78,545
Cash flow
€29,797▼
2024 · €51,734
Current ratio
2.93▲
2024 · 1.49
Debt to equity
1.09▼
2024 · 1.71
ROE
41.9%▼
2024 · 115.5%
ROA
20.0%▼
2024 · 42.7%
Interest coverage
33.43▲
2024 · 14.78
Debt ≤ 1 year
€43,289▼
2024 · €68,083
Debt > 1 year
€27,074
Income taxes
€18,697▼
2024 · €21,497
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.9% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,672 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€107,970€134,770▲
Fixed assets21/28€6,545€8,067▲
Tangible fixed assets22/27€3,645€5,167▲
Land and buildings22€1,928€1,643▼
Plant, machinery and equipment23€17-
Furniture and vehicles24€1,700€3,525▲
Financial fixed assets28€2,900€2,900=
Current assets29/58€101,425€126,703▲
Amounts receivable within one year40/41€94,935€126,703▲
Trade receivables40€6,000€6,000=
Other amounts receivable41€88,935€120,703▲
Cash at bank and in hand54/58€6,490-
Equity and liabilities
Total equity and liabilities10/49€107,970€134,770▲
Equity10/15€39,887€64,389▲
Contributions10/11€12,400€12,400=
Reserves13€1,240€1,240=
Distributable reserves133€1,240€1,240=
Profit (loss) carried forward14€26,247€50,749▲
Amounts payable17/49€68,083€70,382▲
Amounts payable after more than one year17-€27,074
Financial debts170/4-€27,074
Amounts payable within one year42/48€68,083€43,289▼
Financial debts43-€84
Credit institutions430/8-€84
Trade debts44€2,847€5,582▲
Suppliers440/4€2,847€5,582▲
Taxes, remuneration and social security45€65,236€35,123▼
Taxes450/3€65,236€35,123▼
Other amounts payable47/48-€2,500
Accrued charges and deferred income492/3-€18
Income statement Code20242025
Non-recurring operating income76A€10,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,679€2,795▼
Other operating charges640/8€11,146€2,003▼
Non-recurring operating charges66A€7,500-
Gross operating margin9900€97,191€51,991▼
Operating profit (loss)9901€72,866€47,193▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€5,315€1,495▼
Recurring financial charges65€5,315€1,495▼
Profit (loss) for the period before taxes9903€67,552€45,698▼
Income taxes67/77€21,497€18,697▼
Profit (loss) for the period9904€46,054€27,001▼
Profit (loss) for the period to be appropriated9905€46,054€27,001▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,247€53,249▲
Profit (loss) brought forward from the previous period14P-€19,807€26,247▲
Profit to be distributed694/7-€2,500
Directors or managers695-€2,500

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Non-recurring operating income76A---€10,000--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,769€19,692€11,024€5,679€2,795▼ 50.8%
Other operating charges640/8--€8,472€11,146€2,003▼ 82.0%
Non-recurring operating charges66A--€11,936€7,500--
Gross operating margin9900€20,645€16,313€19,600€97,191€51,991▼ 46.5%
Operating profit (loss)9901-€12,971-€9,284-€11,832€72,866€47,193▼ 35.2%
Financial income75/76B---€0€1▲ 82.2%
Recurring financial income75---€0€1▲ 82.2%
Financial charges65/66B--€1,835€5,315€1,495▼ 71.9%
Recurring financial charges65€2,013€2,918€1,835€5,315€1,495▼ 71.9%
Profit (loss) for the period before taxes9903-€14,983-€12,202-€13,667€67,552€45,698▼ 32.4%
Income taxes67/77€2,736€1,361€2,793€21,497€18,697▼ 13.0%
Profit (loss) for the period9904-€17,719-€13,563-€16,460€46,054€27,001▼ 41.4%
Profit (loss) for the period to be appropriated9905-€17,719-€13,563-€16,460€46,054€27,001▼ 41.4%
Line20202021202220242025Change
Assets
Total assets20/58€94,443€68,157€67,544€107,970€134,770▲ 24.8%
Fixed assets21/28€34,573€20,121€10,517€6,545€8,067▲ 23.3%
Tangible fixed assets22/27€31,672€17,221€7,617€3,645€5,167▲ 41.8%
Land and buildings22--€2,426€1,928€1,643▼ 14.8%
Plant, machinery and equipment23--€214€17--
Furniture and vehicles24--€4,977€1,700€3,525▲ 107%
Financial fixed assets28€2,900€2,900€2,900€2,900€2,900=
Current assets29/58€59,870€48,036€57,026€101,425€126,703▲ 24.9%
Amounts receivable within one year40/41€54,796€45,874€56,945€94,935€126,703▲ 33.5%
Trade receivables40---€6,000€6,000=
Other amounts receivable41--€56,945€88,935€120,703▲ 35.7%
Cash at bank and in hand54/58€5,074€2,161€82€6,490--
Equity and liabilities
Total equity and liabilities10/49€94,443€68,157€67,544€107,970€134,770▲ 24.8%
Equity10/15€23,856€10,292-€6,167€39,887€64,389▲ 61.4%
Contributions10/11--€12,400€12,400€12,400=
Reserves13€11,240€1,240€1,240€1,240€1,240=
Non-distributable reserves130/1--€1,240---
Other1319--€1,240---
Distributable reserves133---€1,240€1,240=
Profit (loss) carried forward14€216-€3,348-€19,807€26,247€50,749▲ 93.3%
Amounts payable17/49€70,587€57,865€73,711€68,083€70,382▲ 3.4%
Amounts payable after more than one year17€15,457€8,379€1,205-€27,074-
Financial debts170/4--€1,205-€27,074-
Amounts payable within one year42/48€46,130€40,486€63,506€68,083€43,289▼ 36.4%
Current portion of amounts payable after more than one year42--€7,174---
Financial debts43----€84-
Credit institutions430/8----€84-
Trade debts44€10,624€9,536€9,024€2,847€5,582▲ 96.1%
Suppliers440/4--€9,024€2,847€5,582▲ 96.1%
Taxes, remuneration and social security45--€47,308€65,236€35,123▼ 46.2%
Taxes450/3--€47,308€65,236€35,123▼ 46.2%
Other amounts payable47/48----€2,500-
Accrued charges and deferred income492/3--€9,000-€18-
Line20202021202220242025Change
Profit (loss) for the period9904-€17,719-€13,563-€16,460€46,054€27,001▼ 41.4%
+ Depreciation and write-downs630€20,769€19,692€11,024€5,679€2,795▼ 50.8%
Operating cash flow (approximation)€3,050€6,129-€5,436€51,734€29,797▼ 42.4%
Investment in fixed assets (approximation)--€5,241-€1,420--€4,318-
Change in cash--€2,913-€2,080---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Back to profitnet €46,054
Net result €46,054 after 3 loss-making years.
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
23-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet -€17,719
Net result drops to -€17,719, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Ukkel · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
200 m²
Building footprint
164 m²
Volume, LiDAR
1,673 m³
Parcel 21612C0197/00G000, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
LITD
Edith Cavellstraat 220, 1180 UkkelManufacture of electrical equipment
since 20132.223.730.047
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0197/00G000 Brussels 200 m² 1 · 164 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 4,561 companies in sector 74999 we hold annual accounts for 1,935. 1,556 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
Founded30-10-2013
Fiscal year end31-03
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0541567529
Also 9925:BE0541567529
Registered 12-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.