LITHOBETON

Active

Public limited companyfounded 1968active for 58 yearsKanaalstraat 18, 8470 Gistel, BelgiumKBO/BCE: BE 0400.402.736

Summary

LITHOBETON has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.8m and a net result of €3.0m. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 65% of 362 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

LITHOBETONActiveChecked score 97/100

Risk analysis Report Compare

Activity

Manufacture of other non-metallic mineral products

NACE 23610

Largest employer in Gistel2 sites

Size

€50.8mturnover 2025

Staff: 194.5 FTE
Equity: €20.8m
Profit: €3.0m

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: LITHOMIX · 100%
Board: 5 members

LITHOMIXChair · permanent representative Buicke Thomas

Auditor: VRC BEDRIJFSREVISORENAccounts 45 days early6 of 22 deeds read

Why 97lowers riskSize: turnover €50.8m, 194.5 FTE, total assets €34.9mFounded in 1968Equity €20.8m (59.6% of total assets)Sector: Manufacture of other non-metallic mineral products (NACE 23)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 80% of its sector peers (NACE 23, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 85+3

equity 59.6% of total assets

Liquidity 51=

short-term debt 27.5% · cash 9.7%

Profitability 78+3

return on assets 8.7%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (52 companies, NACE 23, medium-sized)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €2,000,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.47, compared with 2.57 in 2024, above the usual 1.5; short-term debt: 27.5% and cash: 9.7% of total assets), and 40.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, medium-sized): better than 75% on solvency, 81% on liquidity, 81% on profitability and 82% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskneutral

Size: turnover €50.8m, 194.5 FTE, total assets €34.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1968

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €20.8m (59.6% of total assets)

NBB · annual accounts

Sector: Manufacture of other non-metallic mineral products (NACE 23)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

45 days early

2024

59 days early

2023

51 days early

2022

62 days early

2021

62 days early

2020

58 days early

2019

57 days 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 56 days before the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

14-08-2026 Capital & shares · Resignations &…Appointment: VRC BEDRIJFSREVISOREN (statutory auditor)…
01-07-2026 Appointment: Papegoai BV (director)Permanent representatives: Victor Bulcke and…
16-06-2026 Annual accounts filedfinancial year 2025 · full…

Key points

Positive: Largest employer in Gistelin the Checked rankings No. 1 View
Positive: 5 years of growth in a rowturnover 2025: €50.8m 5 years View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by LITHOMIX 100% View
Branch transferred to LITHOCOATcontribution on 01-01-2026 2026 View
Board changedlatest change 01-07-2026 · 5 in office 1 joined · 1 left View
Flemish supportawarded from 2022 to 2025 €626,811 View
Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year: 2025
Turnover: €50.8m
Profit: €3.0m
Solvency: 59.6%

Turnover▲ 9.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 5 members
Parent: LITHOMIX · 100%
Auditor: VRC BEDRIJFSREVISOREN

LITHOMIXChair
Emmanue! Van InnisDirector
PATSHEDirector
Yvan Jansen ConsultingDirector
PapegoaiDirector

Go to Board & ownership

Network & group

Connected companies: 3
Mergers and asset contributions: 1

Go to Network & group

Timeline

Events: 57
Since: 1978
Next accounts: by 31-07-2027

15-06-2026Restructuring
31-12-2025Highest result from 2018 to 2025
27-08-2025Resignation: Van Innis Emmanuel (director)

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Manufacture of other non-metallic mineral productsNACE 23610
Founded: 01-01-1968
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 7

See the provisions in the deeds

Go to Articles of association

Key facts about LITHOBETON

What is the company number of LITHOBETON?: 0400.402.736. In Belgium the VAT number is the company number with BE in front: BE 0400.402.736.
Where is LITHOBETON based?: The registered office is at Kanaalstraat 18, 8470 Gistel.Company details
What does LITHOBETON do?: According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
What is the legal form of LITHOBETON?: Public limited company (NV).
When was LITHOBETON founded?: On 01-01-1968.
Is LITHOBETON still active?: Yes, LITHOBETON is an active enterprise in the KBO register.
How many employees does LITHOBETON have?: On average 194.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LITHOBETON?: €50.8m in financial year 2025, according to the filed annual accounts.
Is LITHOBETON profitable?: In financial year 2025, LITHOBETON made a profit of €3.0m.
Where can I find the annual accounts of LITHOBETON?: LITHOBETON filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LITHOBETON due?: By 31-07-2027, for financial year 2026.Timeline