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Lithops

Active
Private limited companyfounded 200620 yrs activeWiemersdreef 34, 9000 Gent, BelgiumKBO/BCE: BE 0879.970.934

Lithops has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €57k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 47% of 12643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
96 / 100
Excellent▲ +35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+6
Solvency82▲+23
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 0.59 in 2024), and 45.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.2%
Return on assets
6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
1 d late
2024
4 d late
2022
1 d late
2021
on the day
2020
1 d late
2019
on the day
2018
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€512k▲ 6.7%
2024 · €480k
2019: €500k 2020: €467k 2021: €460k 2022: €496k 2024: €480k
2019 → 2025
Total assets
€944k▼ 10.9%
2024 · €1.06M
2019: €947k 2020: €916k 2021: €846k 2022: €1.02M 2024: €1.06M
2019 → 2025
Net result
€57k▲ 17.8%
2024 · €48k
2019: €36k 2020: €47k 2021: €44k 2022: €36k 2024: €48k
2019 → 2025
Working capital
€46k
2024 · €-88k
2019: €227k 2020: €141k 2021: €118k 2022: €78k 2024: €-88k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220242025Trend
Equity€467k-€460k▼ 1.4%€496k▲ 7.8%€480k▼ 3.2%€512k▲ 6.7%
Operating result€64k-€86k▲ 34.1%€55k▼ 36.5%€76k▲ 39.3%€84k▲ 10.8%
Net result€47k-€44k▼ 7.4%€36k▼ 18.2%€48k▲ 35.5%€57k▲ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €64k€64kNet result 2020: €47k€47kOperating result 2021: €86k€86kNet result 2021: €44k€44kOperating result 2022: €55k€55kNet result 2022: €36k€36kOperating result 2024: €76k€76kNet result 2024: €48k€48kOperating result 2025: €84k€84kNet result 2025: €57k€57k20202021202220242025
After the dip in 2022 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €944k
Fixed assets €762k▼ 18.2%
Current assets €182k▲ 42.4%
Equity and liabilities €944k
Equity €512k▲ 6.7%
Debt €432k▼ 25.4%
The debt ratio falls from 54.7% to 45.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€134k
2024 · €129k
Cash flow
€107k
2024 · €101k
Solvency
54.2%
2024 · 45.3%
Current ratio
1.34
2024 · 0.59
Quick ratio
1.34
2024 · 0.59
Debt / equity
0.84
2024 · 1.21
ROE
11.1%
2024 · 10.1%
ROA
6.0%
2024 · 4.6%
Interest coverage
16.46
2024 · 11.31
Debt
€432k
2024 · €579k
Debt ≤ 1 year
€136k
2024 · €216k
Debt > 1 year
€294k
2024 · €362k
Income taxes
€22k
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.06M€944k
Fixed assets21/28€931k€762k
Tangible fixed assets22/27€931k€761k
Land and buildings22€181k-
Plant, machinery and equipment23€2k€3k
Furniture and vehicles24€54k€42k
Other tangible fixed assets26€693k€717k
Financial fixed assets28€250€250=
Current assets29/58€128k€182k
Amounts receivable within one year40/41€20k€23k
Trade receivables40€20k€23k
Other amounts receivable41-€438
Current investments50/53€79k€84k
Cash at bank and in hand54/58€26k€73k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€1.06M€944k
Equity10/15€480k€512k
Contributions10/11€19k€19k=
Reserves13€355k€387k
Tax-exempt reserves132€19k€19k=
Distributable reserves133€337k€369k
Profit (loss) carried forward14€106k€106k
Amounts payable17/49€579k€432k
Amounts payable after more than one year17€362k€294k
Financial debts170/4€362k€294k
Amounts payable within one year42/48€216k€136k
Current portion of amounts payable after more than one year42€74k€68k
Trade debts44€4k€25k
Suppliers440/4€4k€25k
Taxes, remuneration and social security45€20k€18k
Taxes450/3€20k€18k
Other amounts payable47/48€117k€25k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20242025
Non-recurring operating income76A€5k€49k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€50k
Other operating charges640/8€6k€4k
Gross operating margin9900€135k€138k
Operating profit (loss)9901€76k€84k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B€11k€8k
Recurring financial charges65€11k€8k
Profit (loss) for the period before taxes9903€67k€79k
Income taxes67/77€19k€22k
Profit (loss) for the period9904€48k€57k
Profit (loss) for the period to be appropriated9905€48k€57k
Appropriation of the result
Profit (loss) to be appropriated9906€154k€163k
Profit (loss) brought forward from the previous period14P€106k€106k=
Transfer from equity791/2€110k€25k
Transfer to equity691/2€48k€57k
To other reserves6921€48k€57k
Profit to be distributed694/7€110k€25k
Return on contributions (dividend)694€110k€25k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
01-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
2025
30-06
Financial Highest result since 2019net €57k ▲17.8%
Net result €57k, the highest in the series.
30-06
Financial Liquidity doublescurrent ratio 1.34
Current ratio from 0.59 to 1.34; short-term debt falls from €216k to €136k.
30-06
Financial Equity above €500kEq €512k ▲6.7%
6 profitable years in a row build equity to €512k.
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2023
01-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Gent
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.

Wiemersdreef 349000 Gent
Ground area
599 m²
Building footprint
169 m²
Volume, LiDAR
1,034 m³
Parcel 44809I0164/00D003, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809I0164/00D003 Flanders 599 m² 1 · 169 m² 10.8 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 978 EUR awarded · 930 EUR paid
Year Entries awardedpaid
2023 1 333 EUR285 EUR
2022 1 645 EUR645 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 978 EUR · 930 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

967600AQ3Y61NVAVSP08
live in the LEI register

Similar companies · same sector, comparable size

Of 12,175 companies in sector 69201 we hold annual accounts for 7,639. 5,480 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-03-2006
Fiscal year end30-06
Activities, NACEBEL
69201Certified accountants and tax accountants
74122
74124
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.