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LITEC

Active
Private limited company (pre-2019)founded 200916 yrs activeAntwerpsestraat 116, 2845 Niel, BelgiumKBO/BCE: BE 0819.012.669

LITEC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €-32k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 9% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
33 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-62
Solvency23▼-11
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.52 in 2024; short-term debt: 39.1% and cash: 2% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2%
Return on assets
-10.8%
Age of the figures
15 mo
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 16 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
2 d late
2024
4 d late
2023
on the day
2022
on the day
2021
1 d late
2020
1 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 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, micro schema

Equity
€-6k
2024 · €26k
2019: €-3k 2020: €10k 2021: €24k 2022: €26k 2023: €29k 2024: €26k
2019 → 2025
Total assets
€294k▲ 1.7%
2024 · €289k
2019: €46k 2020: €34k 2021: €60k 2022: €45k 2023: €61k 2024: €289k
2019 → 2025
Net result
€-32k▼ 943%
2024 · €-3k
2019: €4k 2020: €13k 2021: €14k 2022: €2k 2023: €4k 2024: €-3k
2019 → 2025
Working capital
€-82k▼ 56.1%
2024 · €-53k
2019: €-3k 2020: €4k 2021: €-19k 2022: €-8k 2023: €2k 2024: €-53k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€24k-€26k▲ 5.8%€29k▲ 13.5%€26k▼ 10.5%€-6k
Operating result€15k-€3k▼ 78.5%€6k▲ 98.4%€-2k€-32k▼ 1,390%
Net result€14k-€2k▼ 84.2%€4k▲ 93.2%€-3k€-32k▼ 943%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €15k€15kNet result 2021: €14k€14kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €6k€6kNet result 2023: €4k€4kOperating result 2024: €-2k€-2kNet result 2024: €-3k€-3kOperating result 2025: €-32k€-32kNet result 2025: €-32k€-32k20212022202320242025
The operating result stays negative: a loss of €32k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294k
Fixed assets €261k▲ 13.1%
Current assets €32k▼ 43.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2k
2024 · €13k
Cash flow
€-2k
2024 · €12k
Solvency
-2.0%
2024 · 9.0%
Current ratio
0.28
2024 · 0.52
Quick ratio
0.20
2024 · 0.41
Debt / equity
-51.91
2024 · 10.12
ROA
-10.8%
2024 · -1.1%
Interest coverage
-3.55
2024 · 11.41
Debt
€300k
2024 · €263k
Debt ≤ 1 year
€115k
2024 · €111k
Debt > 1 year
€185k
2024 · €152k
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€289k€294k
Fixed assets21/28€231k€261k
Tangible fixed assets22/27€229k€261k
Land and buildings22€213k€250k
Plant, machinery and equipment23€4k€5k
Furniture and vehicles24€11k€6k
Financial fixed assets28€3k€500
Current assets29/58€58k€32k
Stocks and contracts in progress3€13k€10k
Stocks30/36€13k€10k
Amounts receivable within one year40/41€22k€16k
Trade receivables40€18k€13k
Other amounts receivable41€4k€3k
Cash at bank and in hand54/58€20k€6k
Deferred charges and accrued income490/1€3k€1k
Equity and liabilities
Total equity and liabilities10/49€289k€294k
Equity10/15€26k€-6k
Contributions10/11€12k€12k=
Reserves13€14k€600
Non-distributable reserves130/1€600€600=
Other1319€600€600=
Distributable reserves133€13k-
Profit (loss) carried forward14-€-19k
Amounts payable17/49€263k€300k
Amounts payable after more than one year17€152k€185k
Financial debts170/4€152k€185k
Amounts payable within one year42/48€111k€115k
Trade debts44€26k€13k
Suppliers440/4€26k€13k
Taxes, remuneration and social security45€240€355
Remuneration and social security454/9€240€355
Other amounts payable47/48€84k€102k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€30k
Other operating charges640/8€924€948
Gross operating margin9900€13k€-1k
Operating profit (loss)9901€-2k€-32k
Financial income75/76B€470€1k
Recurring financial income75€470€1k
Financial charges65/66B€1k€680
Recurring financial charges65€1k€680
Profit (loss) for the period before taxes9903€-3k€-32k
Income taxes67/77€240-
Profit (loss) for the period9904€-3k€-32k
Profit (loss) for the period to be appropriated9905€-3k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-32k
Transfer from equity791/2€3k€13k

The notes to these accounts (10 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 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-06
Financial Highest result since 2019net €14k ▲4.7%
Operating result €15k, net result €14k, both a record.
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Niel · 1 establishment unit since 2009
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.

Antwerpsestraat 1162845 Niel
Ground area
419 m²
Building footprint
292 m²
Volume, LiDAR
1,522 m³
Parcel 11030B0099/00R000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LITEC
Antwerpsestraat 116, 2845 NielConstruction of utility projects for electricity and telecommunications
since 20092.181.954.523
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11030B0099/00R000 Flanders 419 m² 1 · 292 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,744 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-09-2009
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.