LITHIUM
ActiveSummary
LITHIUM has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.5m and a net result of €1.5m. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 33 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100▲+14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 8.25 against 19.92 in 2025; short-term debt: 10.3% and cash: 5.7% of total assets), and 10.7% 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○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
89.3%
Return on assets
37.5%
Age of the figures
5 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 21-09-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
70 d early
2025
6 d early
2024
52 d early
2023
on the day
2022
105 d early
2021
1 d early
2020
17 d early
← 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 36 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2027 and is due by 30-11-2027. Nothing is late today. Usually files around 9 October (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-04-2027 close30-11-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€3.5m▲ 19.2%
2025 · €2.9m
Total assets
€3.9m▲ 29.1%
2025 · €3.0m
Net result
€1.5m▲ 246%
2025 · €423,033
Working capital
€2.9m▲ 77.7%
2025 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€316,503▲ 297%€175,615▼ 44.5%€102,659▼ 41.5%€125,462▲ 22.2%€96,444▼ 23.1%
Net result€306,942above the sector's middle half▲ 104%€211,328above the sector's middle half▼ 31.2%€200,645above the sector's middle half▼ 5.1%€423,033above the sector's middle half▲ 111%€1.5m▲ 246%
Equity€2.9mabove the sector's middle half▲ 3.4%€2.9mabove the sector's middle half▼ 0.6%€2.9mabove the sector's middle half▲ 0.9%€2.9mabove the sector's middle half▲ 1.5%€3.5m▲ 19.2%
Total assets€3.0mabove the sector's middle half▲ 6.3%€3.0mabove the sector's middle half▲ 0.2%€3.0mabove the sector's middle half▼ 1.1%€3.0mabove the sector's middle half▲ 2.2%€3.9m▲ 29.1%
Debt€108,339▲ 349%€134,362▲ 24.0%€76,277▼ 43.2%€97,397▲ 27.7%€417,463▲ 329%
Working capital€1.5mabove the sector's middle half▼ 2.5%€1.5mabove the sector's middle half▲ 1.2%€1.6mabove the sector's middle half▲ 2.9%€1.6mabove the sector's middle half▲ 4.2%€2.9m▲ 77.7%
Solvency96.4%above the sector's middle half▼ 2.8pp95.5%above the sector's middle half▼ 0.9pp97.4%above the sector's middle half▲ 1.9pp96.8%above the sector's middle half▼ 0.6pp89.3%▼ 7.5pp
Current ratio15.31above the sector's middle half▼ 52.3412.87above the sector's middle half▼ 2.4423.34above the sector's middle half▲ 10.4619.92above the sector's middle half▼ 3.418.25▼ 11.67
Return on assets (ROA)10.3%within the sector's middle half▲ 4.9pp7.1%within the sector's middle half▼ 3.2pp6.8%within the sector's middle half▼ 0.3pp14.0%within the sector's middle half▲ 7.2pp37.5%▲ 23.5pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2026 Net result +246% on 2025. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 23% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.9m
Fixed assets
€572,625 ▼ 55.6%
Current assets
€3.3m ▲ 92.1%
Equity and liabilities €3.9m
Equity
€3.5m ▲ 19.2%
Debt
€417,463 ▲ 329%
Debt's share of the balance-sheet total rises from 3.2% to 10.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131,021▼
2025 · €143,926
Cash flow
€1.5m▲
2025 · €441,497
Debt to equity
0.12▲
2025 · 0.03
ROE
42.0%▲
2025 · 14.4%
Interest coverage
7.52▼
2025 · 9.98
Debt ≤ 1 year
€404,200▲
2025 · €87,120
Income taxes
€146,825▲
2025 · €71,115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 20,129 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €197,920 | €0 | - | - | €8,869 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,561 | €18,464 | €18,464 | €18,464 | €34,578 | ▲ 87.3% |
| Other operating charges640/8 | €3,644 | €2,467 | €1,692 | €1,728 | €1,842 | ▲ 6.6% |
| Non-recurring operating charges66A | - | - | - | - | €50,000 | - |
| Gross operating margin9900 | €330,708 | €196,546 | €122,815 | €145,654 | €182,863 | ▲ 25.5% |
| Operating profit (loss)9901 | €316,503 | €175,615 | €102,659 | €125,462 | €96,444 | ▼ 23.1% |
| Financial income75/76B | €152,506 | €144,973 | €149,576 | €388,158 | €1.5m | ▲ 295% |
| Recurring financial income75 | €152,506 | €144,973 | €149,576 | €388,158 | €1.5m | ▲ 282% |
| Non-recurring financial income76B | - | - | - | - | €50,000 | - |
| Financial charges65/66B | €16,512 | €46,463 | €8,717 | €19,472 | €17,423 | ▼ 10.5% |
| Recurring financial charges65 | €6,512 | €8,681 | €8,717 | €14,425 | €17,423 | ▲ 20.8% |
| Non-recurring financial charges66B | €10,000 | €37,782 | €0 | €5,047 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €452,496 | €274,125 | €243,518 | €494,148 | €1.6m | ▲ 226% |
| Income taxes67/77 | €145,554 | €62,796 | €42,873 | €71,115 | €146,825 | ▲ 106% |
| Profit (loss) for the period9904 | €306,942 | €211,328 | €200,645 | €423,033 | €1.5m | ▲ 246% |
| Transfer from tax-exempt reserves789 | €99,463 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €406,406 | €211,328 | €200,645 | €423,033 | €1.5m | ▲ 246% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.0m | €3.0m | €3.0m | €3.0m | €3.9m | ▲ 29.1% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.3m | €1.3m | €572,625 | ▼ 55.6% |
| Tangible fixed assets22/27 | €355,483 | €337,019 | €318,555 | €300,091 | €352,517 | ▲ 17.5% |
| Land and buildings22 | €355,483 | €337,019 | €318,555 | €300,091 | €281,627 | ▼ 6.2% |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | €70,890 | - |
| Financial fixed assets28 | €1.0m | €990,108 | €990,108 | €990,108 | €220,108 | ▼ 77.8% |
| Current assets29/58 | €1.6m | €1.7m | €1.7m | €1.7m | €3.3m | ▲ 92.1% |
| Amounts receivable after more than one year29 | €48,000 | €48,000 | €548,000 | €448,000 | €2.0m | ▲ 352% |
| Other amounts receivable291 | €48,000 | €48,000 | €548,000 | €448,000 | €2.0m | ▲ 352% |
| Amounts receivable within one year40/41 | €591,699 | €778,058 | €264,086 | €162,271 | €471,868 | ▲ 191% |
| Trade receivables40 | €30,492 | €28,967 | €28,145 | €32,271 | €30,401 | ▼ 5.8% |
| Other amounts receivable41 | €561,207 | €749,090 | €235,942 | €130,000 | €441,467 | ▲ 240% |
| Current investments50/53 | €505,193 | €493,768 | €501,820 | €533,968 | €560,795 | ▲ 5.0% |
| Cash at bank and in hand54/58 | €479,568 | €298,707 | €277,485 | €547,495 | €223,834 | ▼ 59.1% |
| Deferred charges and accrued income490/1 | €1,838 | €48,668 | €61,134 | €43,794 | €54,467 | ▲ 24.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.0m | €3.0m | €3.0m | €3.0m | €3.9m | ▲ 29.1% |
| Equity10/15 | €2.9m | €2.9m | €2.9m | €2.9m | €3.5m | ▲ 19.2% |
| Contributions10/11 | €162,000 | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Capital10 | €162,000 | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Issued capital100 | €162,000 | €162,000 | €162,000 | €162,000 | €162,000 | = |
| Reserves13 | €2.5m | €2.5m | €2.5m | €2.6m | €3.1m | ▲ 22.0% |
| Non-distributable reserves130/1 | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Legal reserve130 | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Tax-exempt reserves132 | €12,885 | €12,885 | €12,885 | €12,885 | €12,885 | = |
| Distributable reserves133 | €2.5m | €2.5m | €2.5m | €2.5m | €3.1m | ▲ 22.2% |
| Profit (loss) carried forward14 | €213,121 | €213,121 | €213,121 | €213,121 | €213,121 | = |
| Amounts payable17/49 | €108,339 | €134,362 | €76,277 | €97,397 | €417,463 | ▲ 329% |
| Amounts payable within one year42/48 | €106,217 | €129,521 | €70,817 | €87,120 | €404,200 | ▲ 364% |
| Trade debts44 | €4,791 | €222 | €149 | €4,550 | €305 | ▼ 93.3% |
| Suppliers440/4 | €4,791 | €222 | €149 | €4,550 | €305 | ▼ 93.3% |
| Taxes, remuneration and social security45 | €16,520 | €34,181 | €17,527 | €25,906 | €139,156 | ▲ 437% |
| Taxes450/3 | €16,520 | €34,181 | €17,527 | €25,906 | €139,156 | ▲ 437% |
| Other amounts payable47/48 | €84,906 | €95,119 | €53,141 | €56,665 | €264,739 | ▲ 367% |
| Accrued charges and deferred income492/3 | €2,123 | €4,841 | €5,460 | €10,277 | €13,263 | ▲ 29.0% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €306,942 | €211,328 | €200,645 | €423,033 | €1.5m | ▲ 246% |
| + Depreciation and write-downs630 | €10,561 | €18,464 | €18,464 | €18,464 | €34,578 | ▲ 87.3% |
| Operating cash flow (approximation) | €317,503 | €229,792 | €219,109 | €441,497 | €1.5m | ▲ 240% |
| Investment in fixed assets (approximation) | - | €15,000 | €0 | €0 | €682,996 | - |
| Change in cash | - | -€180,861 | -€21,222 | €270,010 | -€323,661 | ▼ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
30-04
Financial
Highest result since 2019net €1.5m ▲246%
Net result €1.5m, the highest in the series.
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-04
Financial
Weakest financial yearnet €150,208 ▼53.3%
Net result drops to €150,208, the lowest in the series; recovery starts the following year.
30-04
Financial
Liquidity triplescurrent ratio 67.66
Current ratio from 23.17 to 67.66; short-term debt falls from €61,444 to €23,387.
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Martens-Latem · 1 establishment unit since 1995
Ground area
5,013 m²
Building footprint
378 m²
Volume, LiDAR
1,621 m³
Parcel 44064A0731/00K000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lithium
since 19952.072.413.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064A0731/00K000 | Flanders | 5,013 m² | 1 · 377 m² | 9.8 m · 1 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-04-2026 list no shareholders, and no other source names one.
Holdings 1
-
99.87%
According to the annual accounts to 30-04-2026 of LITHIUM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
894500UKWGK2I09RBH59
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,787. 648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-06-1995
Fiscal year end30-04
Activities, NACEBEL 2025
73200Market research and public opinion polling
64210Activities of holding companies
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455459441
Also
9925:BE0455459441
Registered
05-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.