Equity
-€78,139
Debts exceed assets in financial year 2024.
LiteTime
Lifetime
18 annual accounts with figures on one time axis, 21 filings since 2003peak €165,989 (2008)
€66,466▼ 7.4%
lowest -€108,745 (2017)
€70,986▲ 13.0%
peak €8,474 (2015)
-€78,139▲ €70,986
€418,785▲ 4.0%
peak 2.3 FTE (2017)
-not published
Documentsfilings and deeds
28-11-2025120 days late
2024micro format
Equity from -€149,125 to -€78,139
Key points
from the 2024 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as LiteTime has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for LiteTime. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved within Roeselare
New registered office: Kwadestraat 149 bus 0.1, 8800 Roeselare · Previous registered office: Klokkeputstraat 30, 8800 Roeselare, België · Board meeting of 31-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479254630
Registered office moved from Diksmuide to Roeselare
New registered office: Klokkeputstraat 30, 8800 Roeselare · Previous registered office: Diamantstraat 1 bus D, 8600 Diksmuide · Board meeting of 16-11-2020 · Gazette deed
Company renamed from myLite technology to LiteTime
General meeting of 30-08-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LiteTime Roeselare | €340,645 | €66,466 | -22.9% | - |
| SOLYSOMBRA Ghent | €359,180 | €89,780 | 24.0% | - |
| REIGEL LIGHTING Merchtem | €317,715 | €59,444 | 52.8% | 1.4 |
| PHONALYSE Zaventem | €235,108 | €58,166 | 77.3% | - |
| F.L.S. DISTRI Berchem-Sainte-Agathe | €271,583 | €158,954 | 22.2% | - |
| PRO AUDIO TRADE Izegem | €401,174 | €161,884 | 73.9% | 0 |
| IMPOLES Izegem | €341,260 | €95,568 | 53.4% | - |
These companies have the same main activity as LiteTime: wholesale trade (NACE 46474). They are comparable in size and age: total assets between €235,000 and €401,000, founded between 2001 and 2011.
Official details
Source: KBO- Status
- Active since 09-01-2003Normal situation
- Registered office
- 57 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Wholesale tradeNACE 46474and 1 other
- Establishment unit
- 2.126.635.2258800 Roeselare, since 25-04-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Insights on LiteTime
LiteTime files the micro format. That format states no turnover. The gross margin fell from €81,000 in 2007 to €66,466 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LiteTime
- What is the company number of LiteTime?
- The company number of LiteTime is 0479.254.630. The VAT number is the same number with BE in front: BE 0479.254.630.
- Where is LiteTime based?
- The registered office is at Kwadestraat 149, 8800 Roeselare.Company details
- What does LiteTime do?
- According to the KBO register, the main activity is wholesale trade (NACE 46474).
- What is the legal form of LiteTime?
- LiteTime is a private limited company (pre-2019) (BVBA).
- When was LiteTime founded?
- LiteTime was founded on 09-01-2003.
- Is LiteTime still active?
- Yes, LiteTime is an active enterprise in the KBO register.
- How many employees does LiteTime have?
- LiteTime had an average of 1.8 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of LiteTime?
- The turnover of LiteTime was €316,077 in financial year 2024, according to the filed annual accounts.
- Is LiteTime profitable?
- In financial year 2024, LiteTime made a profit of €70,986.
- Where can I find the annual accounts of LiteTime?
- LiteTime filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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