LITHOS
ActiveSummary
LITHOS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,415 and a net result of €4,269. Equity is shrinking by ~52.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 20% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+50
Solvency44▲+44
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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. 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.2%
Return on assets
33.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 11620 sector peers (2024).
NBB · sector comparisonPosition among 11620 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days 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 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
61 d late
2022
100 d late
2021
59 d late
2020
61 d late
2019
84 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 75 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#4 oldest company in Sint-Katelijne-Waver, Professional and technical services sector
Equity
€2,415
2023 · -€1,854
Total assets
€12,578▲ 83.2%
2023 · €6,865
Net result
€4,269
2023 · -€1,092
Working capital
€1,171
2023 · -€3,305
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20202021202220232024
Operating result€8,523▼ 52.3%-€4,075-€348▲ 91.5%€66€7,796▲ 11,704%
Net result€5,492within the sector's middle half▼ 54.7%-€4,100below the sector's middle half-€1,464below the sector's middle half▲ 64.3%-€1,092below the sector's middle half▲ 25.4%€4,269within the sector's middle half
Equity€4,802below the sector's middle half=€702below the sector's middle half▼ 85.4%-€762below the sector's middle half-€1,854below the sector's middle half▼ 143%€2,415below the sector's middle half
Total assets€22,828below the sector's middle half▼ 26.6%€13,835below the sector's middle half▼ 39.4%€6,410below the sector's middle half▼ 53.7%€6,865below the sector's middle half▲ 7.1%€12,578below the sector's middle half▲ 83.2%
Debt€18,026▼ 31.4%€13,132▼ 27.1%€7,172▼ 45.4%€8,719▲ 21.6%€10,163▲ 16.6%
Working capital€4,453below the sector's middle half▲ 11.5%-€1,843below the sector's middle half-€3,033below the sector's middle half▼ 64.6%-€3,305below the sector's middle half▼ 9.0%€1,171below the sector's middle half
Solvency21.0%below the sector's middle half▲ 5.6pp5.1%below the sector's middle half▼ 16.0pp-11.9%below the sector's middle half▼ 17.0pp-27.0%below the sector's middle half▼ 15.1pp19.2%below the sector's middle half▲ 46.2pp
Current ratio1.25within the sector's middle half▲ 0.100.86below the sector's middle half▼ 0.390.58below the sector's middle half▼ 0.280.62below the sector's middle half▲ 0.041.12below the sector's middle half▲ 0.49
Return on assets (ROA)24.1%above the sector's middle half▼ 14.9pp-29.6%below the sector's middle half▼ 53.7pp-22.8%below the sector's middle half▲ 6.8pp-15.9%below the sector's middle half▲ 6.9pp33.9%above the sector's middle half▲ 49.8pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 11,704% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12,578
Fixed assets
€1,244 ▼ 14.3%
Current assets
€11,334 ▲ 109%
Equity and liabilities €12,578
Equity
€2,415
Debt
€10,163
Debt finances 80.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€8,504▲
2023 · €886
Cash flow
€4,976▲
2023 · -€272
Debt to equity
4.21▲
2023 · -4.70
ROE
176.8%
Interest coverage
850367.00▲
2023 · 2952.83
Debt ≤ 1 year
€10,163▲
2023 · €8,719
Income taxes
€3,527▲
2023 · €1,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
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 3,815 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €459 | €288 | €998 | €820 | €707 | ▼ 13.7% |
| Other operating charges640/8 | - | €1,137 | €1,051 | €756 | €668 | ▼ 11.7% |
| Gross operating margin9900 | €10,003 | -€2,649 | €1,701 | €1,642 | €9,172 | ▲ 459% |
| Operating profit (loss)9901 | €8,523 | -€4,075 | -€348 | €66 | €7,796 | ▲ 11,704% |
| Financial income75/76B | - | €0 | - | €1 | €0 | ▼ 88.7% |
| Recurring financial income75 | €0 | €0 | - | €1 | €0 | ▼ 88.7% |
| Financial charges65/66B | - | €25 | €2 | €0 | €0 | ▼ 96.7% |
| Recurring financial charges65 | €0 | €25 | €2 | €0 | €0 | ▼ 96.7% |
| Profit (loss) for the period before taxes9903 | €8,524 | -€4,100 | -€350 | €66 | €7,796 | ▲ 11,663% |
| Income taxes67/77 | €3,032 | €0 | €1,114 | €1,158 | €3,527 | ▲ 205% |
| Profit (loss) for the period9904 | €5,492 | -€4,100 | -€1,464 | -€1,092 | €4,269 | ▲ 491% |
| Profit (loss) for the period to be appropriated9905 | €5,492 | -€4,100 | -€1,464 | -€1,092 | €4,269 | ▲ 491% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,828 | €13,835 | €6,410 | €6,865 | €12,578 | ▲ 83.2% |
| Fixed assets21/28 | €349 | €2,545 | €2,271 | €1,451 | €1,244 | ▼ 14.3% |
| Tangible fixed assets22/27 | €349 | €2,545 | €2,271 | €1,451 | €1,244 | ▼ 14.3% |
| Plant, machinery and equipment23 | - | €333 | €924 | €715 | €994 | ▲ 39.1% |
| Furniture and vehicles24 | - | €2,212 | €1,347 | €736 | €250 | ▼ 66.1% |
| Current assets29/58 | €22,478 | €11,289 | €4,139 | €5,413 | €11,334 | ▲ 109% |
| Amounts receivable within one year40/41 | €2,409 | €582 | €1,296 | €939 | €1,437 | ▲ 53.0% |
| Trade receivables40 | - | €582 | €1,296 | €939 | €939 | = |
| Other amounts receivable41 | - | - | - | €0 | €498 | - |
| Cash at bank and in hand54/58 | €20,069 | €10,332 | €2,460 | €4,084 | €9,499 | ▲ 133% |
| Deferred charges and accrued income490/1 | - | €375 | €383 | €390 | €398 | ▲ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,828 | €13,835 | €6,410 | €6,865 | €12,578 | ▲ 83.2% |
| Equity10/15 | €4,802 | €702 | -€762 | -€1,854 | €2,415 | ▲ 230% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€13,798 | -€17,898 | -€19,362 | -€20,454 | -€16,185 | ▲ 20.9% |
| Amounts payable17/49 | €18,026 | €13,132 | €7,172 | €8,719 | €10,163 | ▲ 16.6% |
| Amounts payable within one year42/48 | €18,026 | €13,132 | €7,172 | €8,719 | €10,163 | ▲ 16.6% |
| Trade debts44 | €1,041 | €3,529 | €1,661 | €4,022 | €598 | ▼ 85.1% |
| Suppliers440/4 | - | €3,529 | €1,661 | €4,022 | €598 | ▼ 85.1% |
| Taxes, remuneration and social security45 | - | €3,478 | €1,231 | €1,695 | €3,527 | ▲ 108% |
| Taxes450/3 | - | €3,478 | €1,231 | €1,695 | €3,527 | ▲ 108% |
| Other amounts payable47/48 | - | €6,125 | €4,280 | €3,002 | €6,038 | ▲ 101% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,492 | -€4,100 | -€1,464 | -€1,092 | €4,269 | ▲ 491% |
| + Depreciation and write-downs630 | €459 | €288 | €998 | €820 | €707 | ▼ 13.7% |
| Operating cash flow (approximation) | €5,951 | -€3,812 | -€466 | -€272 | €4,976 | ▲ 1,928% |
| Investment in fixed assets (approximation) | - | -€2,484 | -€724 | €0 | -€500 | - |
| Change in cash | - | -€9,737 | -€7,872 | €1,624 | €5,415 | ▲ 234% |
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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
31-12
Financial
Back to profitnet €4,269
Net result €4,269 after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Weakest financial yearnet -€4,100
Net result drops to -€4,100, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Highest result since 2018net €12,117 ▲974%
Operating result €17,850, net result €12,117, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 1983
Ground area
200 m²
Building footprint
200 m²
Volume, LiDAR
1,113 m³
Parcel 12027D0449/00M000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PVBA LITHOS
since 19832.023.114.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027D0449/00M000 | Flanders | 200 m² | 1 · 200 m² | 8.8 m · 2 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.
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Of 1,759 companies in sector 71122 we hold annual accounts for 772. 140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-1983
Fiscal year end31-12
Activities, NACEBEL 2025
71122Land surveying
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424587509
Also
9925:BE0424587509
Registered
31-03-2026
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.