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LithA

Active
Private limited company (pre-2019)founded 201114 yrs activeLouizalaan 523, 1050 Elsene, BelgiumKBO/BCE: BE 0841.704.038
Summary

The computed 12-month bankruptcy probability of LithA is 8.9% (elevated). The 2024 annual accounts show equity of €481,962 and a net result of €34,886. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 57% of 3561 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
LithAActiveChecked score 34/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990NACE 43995
1 site
Size
€1.1mtotal assets 2024
Equity
€481,962
Profit
€34,886
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
8.9%
Structure
Accounts 66 d overdue2 of 7 deeds read
Why 34- 3 changes of registered office in 24 months- Figures for FY 2024 (filed 04-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 late+ Founded in 2011Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 45% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 70+4
equity 45.2% of total assets
Liquidity 59-11
short-term debt 17.4% · cash 10.9%
Profitability 51-28
return on assets 3.3%
Bankruptcy probability, 12 months
8.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.3%▼ -0.6% vs 12-2024lowest value 02-2025: 0.3%● 0.0% vs 01-2025lowest value 03-2025: 0.7%▲ +114% vs 02-2025 04-2025: 0.7%▼ -2.1% vs 03-2025 05-2025: 2.8%▲ +281% vs 04-2025 06-2025: 2.8%▲ +0.1% vs 05-2025 07-2025: 3.0%▲ +7.0% vs 06-2025 08-2025: 4.1%▲ +37.0% vs 07-2025 09-2025: 5.0%▲ +22.3% vs 08-2025 10-2025: 7.4%▲ +47.2% vs 09-2025 11-2025: 7.4%▲ +0.8% vs 10-2025 12-2025: 3.8%▼ -48.7% vs 11-2025 01-2026: 3.8%▼ -0.5% vs 12-2025 02-2026: 3.8%▲ +0.7% vs 01-2026 03-2026: 3.8%▼ -0.2% vs 02-2026 04-2026: 3.8%▲ +0.6% vs 03-2026 05-2026: 3.8%▼ -2.1% vs 04-2026 06-2026: 3.7%▼ -1.7% vs 05-2026 07-2026: 4.0%▲ +9.1% vs 06-2026 08-2026: 5.1%▲ +27.2% vs 07-2026 09-2026: 6.1%▲ +19.6% vs 08-2026 10-2026: 8.9%▲ +44.6% vs 09-2026highest value
  • 3 changes of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 04-11-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 late raises the probability
  • Founded in 2011 lowers the probability for this profile
Credit up to €16,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.41 against 2.12 in 2023; short-term debt: 17.4% and cash: 10.9% of total assets), but 54.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 49%, liquidity 56%, profitability 24%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 3 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 04-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Founded in 2011
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
91 d late
2023
74 d late
2022
92 d late
2021
122 d late
2020
52 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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
  1. End & cessation · MiscellaneousCourt decision · Judicial annulment
  2. Registered office · End & cessationCourt decision
  3. Judicial dissolution, liquidator appointedTribunal de l’entreprise francophone de…

Key points

  • Caution: Result fell in 2024from €92,248 to €34,886 ▼ 62.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €34,886 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.1m
Profit
€34,886
Solvency
45.2%
Total assets▼ 1.3%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 23-04-2026End & cessation · Miscellaneous
  2. 13-04-2026Registered office · End & cessation
  3. 13-02-2026Judicial dissolution, liquidator appointed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other specialised construction activitiesNACE 43990
Founded
12-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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