Lithema
ActiveSummary
Lithema has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €10k. Equity is growing by ~50.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-12
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 21.5 against 4.85 in 2023; short-term debt: 4.6% and cash: 27.5% of total assets), and 4.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
31 d early
2022
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 19.7%
2023 · €50k
2022: €10k
2023: €50k
2022 → 2024
Total assets
€62k=
2023 · €62k
2022: €12k
2023: €62k
2022 → 2024
Net result
€10k▼ 75.6%
2023 · €40k
2022: €8k
2023: €40k
2022 → 2024
Working capital
€59k▲ 20.9%
2023 · €49k
2022: €10k
2023: €49k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€10k-€50k▲ 417%€59k▲ 19.7%
Operating result€10k-€51k▲ 423%€12k▼ 75.6%
Net result€8k-€40k▲ 426%€10k▼ 75.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 76% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62k
Fixed assets
€636 ▼ 38.1%
Current assets
€62k ▲ 0.6%
Equity and liabilities €62k
Equity
€59k ▲ 19.7%
Debt
€3k ▼ 77.3%
Debt's share of the balance-sheet total falls from 20.3% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2023 · €51k
Cash flow
€10k▼
2023 · €40k
Current ratio
21.50▲
2023 · 4.85
Debt to equity
0.05▼
2023 · 0.25
ROE
16.4%▼
2023 · 80.7%
ROA
15.7%▼
2023 · 64.3%
Interest coverage
560.38▼
2023 · 1393.85
Debt ≤ 1 year
€3k▼
2023 · €13k
Income taxes
€3k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€62k=
Fixed assets21/28€1k€636▼
Tangible fixed assets22/27€1k€636▼
Furniture and vehicles24€1k€636▼
Current assets29/58€61k€62k▲
Amounts receivable within one year40/41€57k€45k▼
Trade receivables40€57k€44k▼
Other amounts receivable41€0€211▲
Cash at bank and in hand54/58€5k€17k▲
Deferred charges and accrued income490/1-€12
Equity and liabilities
Total equity and liabilities10/49€62k€62k=
Equity10/15€50k€59k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€48k€57k▲
Amounts payable17/49€13k€3k▼
Amounts payable within one year42/48€13k€3k▼
Trade debts44-€62
Suppliers440/4-€62
Taxes, remuneration and social security45€13k€3k▼
Taxes450/3€13k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145€391▲
Other operating charges640/8€258€27▼
Gross operating margin9900€51k€13k▼
Operating profit (loss)9901€51k€12k▼
Financial income75/76B€84€223▲
Recurring financial income75€84€223▲
Financial charges65/66B€36€23▼
Recurring financial charges65€36€23▼
Profit (loss) for the period before taxes9903€51k€13k▼
Income taxes67/77€11k€3k▼
Profit (loss) for the period9904€40k€10k▼
Profit (loss) for the period to be appropriated9905€40k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€57k▲
Profit (loss) brought forward from the previous period14P€8k€48k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 21.50
Current ratio from 4.85 to 21.50; short-term debt falls from €13k to €3k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €40k ▲426%
Operating result €51k, net result €40k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 2022
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.
Lambert Vanderveldestraat 731170 Watermaal-BosvoordeGround area
155 m²
Building footprint
75 m²
Volume, LiDAR
552 m³
Parcel 21017D0054/00T007, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lambert Vanderveldestraat 73, 1170 Watermaal-Bosvoorde
since 20222.331.013.829
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0054/00T007 | Brussels | 155 m² | 1 · 75 m² | 11.2 m · 3 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
ARBIS
BE 0476.500.127
Balen · Eq €59,500
ROOSELAER INVEST
BE 0864.339.779
Sint-Niklaas · Eq €59,503
THE IDENTITY BUILDERS
BE 0449.598.265
Bierbeek · Eq €59,485
KEFEUS
BE 1019.449.214
Oostende · Eq €59,482
BROGE
BE 0800.112.418
Wanze · Eq €59,512
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,972 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.