LITISS
ActiveSummary
LITISS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €222k. Equity is shrinking by ~32% per year across the filed fiscal years. Its solvency ranks better than 20% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency29▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.98 in 2024; short-term debt: 87.3% and cash: 65.7% of total assets), and 95.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.5%
Return on assets
44.3%
Age of the figures
15 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1004 sector peers (2025).
NBB · sector comparisonPosition among 1004 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
10 d early
2023
14 d early
2022
1 d early
2021
on the day
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€222k▲ 82.9%
2024 · €122k
2019: €61klowest in 7 years
2020: €84k▲ +38.9% vs 2019
2021: €136k▲ +61.6% vs 2020
2022: €97k▼ -28.5% vs 2021
2023: €66k▼ -32.7% vs 2022
2024: €122k▲ +85.5% vs 2023
2025: €222k▲ +82.9% vs 2024highest in 7 years
2019 → 2025
Working capital
€-4k▲ 21.2%
2024 · €-5k
2019: €106k
2020: €120k▲ +13.5% vs 2019
2021: €119k▼ -0.8% vs 2020
2022: €127k▲ +6.9% vs 2021highest in 7 years
2023: €3k▼ -97.8% vs 2022
2024: €-5k▼ -297% vs 2023lowest in 7 years
2025: €-4k▲ +21.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€162k=€22k▼ 86.2%€24k▲ 6.7%€22k▼ 6.3%
2021: €162khighest in 5 years
2022: €162k● 0.0% vs 2021highest in 5 years
2023: €22k▼ -86.2% vs 2022lowest in 5 years
2024: €24k▲ +6.7% vs 2023
2025: €22k▼ -6.3% vs 2024
Operating result€137k-€100k▼ 26.7%€66k▼ 33.8%€119k▲ 79.8%€226k▲ 89.1%
2021: €137k
2022: €100k▼ -26.7% vs 2021
2023: €66k▼ -33.8% vs 2022lowest in 5 years
2024: €119k▲ +79.8% vs 2023
2025: €226k▲ +89.1% vs 2024highest in 5 years
Net result€136k-€97k▼ 28.5%€66k▼ 32.7%€122k▲ 85.5%€222k▲ 82.9%
2021: €136k
2022: €97k▼ -28.5% vs 2021
2023: €66k▼ -32.7% vs 2022lowest in 5 years
2024: €122k▲ +85.5% vs 2023
2025: €222k▲ +82.9% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 89% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €502k
Fixed assets
€68k ▼ 19.5%
Current assets
€434k ▲ 105%
Equity and liabilities €502k
Equity
€22k ▼ 6.3%
Debt
€479k ▲ 76.4%
Debt's share of the balance-sheet total rises from 91.9% to 95.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€244k▲
2024 · €127k
Cash flow
€240k▲
2024 · €129k
Current ratio
0.99▲
2024 · 0.98
Debt to equity
21.47▲
2024 · 11.40
ROE
995.5%▲
2024 · 510.0%
ROA
44.3%▲
2024 · 41.1%
Interest coverage
87.61▼
2024 · 3245.68
Debt ≤ 1 year
€438k▲
2024 · €217k
Debt > 1 year
€41k▼
2024 · €55k
Income taxes
€5k▲
2024 · €157
Staff costs
€72k▼
2024 · €72k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€296k€502k▲
Fixed assets21/28€84k€68k▼
Intangible fixed assets21€60k€54k▼
Tangible fixed assets22/27€24k€14k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€18k€9k▼
Other tangible fixed assets26€4k€2k▼
Current assets29/58€211k€434k▲
Amounts receivable within one year40/41€109k€98k▼
Trade receivables40€91k€90k▼
Other amounts receivable41€18k€8k▼
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€100k€330k▲
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€296k€502k▲
Equity10/15€24k€22k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€3k€2k▼
Amounts payable17/49€272k€479k▲
Amounts payable after more than one year17€55k€41k▼
Financial debts170/4€55k€41k▼
Amounts payable within one year42/48€217k€438k▲
Current portion of amounts payable after more than one year42€13k€15k▲
Trade debts44€54k€58k▲
Suppliers440/4€54k€58k▲
Taxes, remuneration and social security45€11k€39k▲
Taxes450/3€3k€30k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€139k€325k▲
Income statement
Code20242025
Remuneration, social security and pensions62€72k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€18k▲
Other operating charges640/8€16k€17k▲
Gross operating margin9900€216k€332k▲
Operating profit (loss)9901€119k€226k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€39€3k▲
Recurring financial charges65€39€3k▲
Profit (loss) for the period before taxes9903€122k€227k▲
Income taxes67/77€157€5k▲
Profit (loss) for the period9904€122k€222k▲
Profit (loss) for the period to be appropriated9905€122k€222k▲
Appropriation of the result
Profit (loss) to be appropriated9906€123k€226k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
Profit to be distributed694/7€120k€224k▲
Directors or managers695€120k€220k▲
Other beneficiaries697-€4k
Social balance
Average headcount (FTE)90871.3-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €71k | €64k | €72k | €72k | ▼ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €24k | €25k | €7k | €18k | ▲ 146% |
| Other operating charges640/8 | - | €22k | €15k | €16k | €17k | ▲ 0.5% |
| Gross operating margin9900 | €263k | €218k | €170k | €216k | €332k | ▲ 54.0% |
| Operating profit (loss)9901 | €137k | €100k | €66k | €119k | €226k | ▲ 89.1% |
| Financial income75/76B | - | €0 | €11 | €2k | €4k | ▲ 72.4% |
| Recurring financial income75 | €301 | €0 | €11 | €2k | €4k | ▲ 72.4% |
| Financial charges65/66B | - | €3k | €776 | €39 | €3k | ▲ 7,028% |
| Recurring financial charges65 | €1k | €3k | €776 | €39 | €3k | ▲ 7,028% |
| Profit (loss) for the period before taxes9903 | €136k | €97k | €66k | €122k | €227k | ▲ 86.6% |
| Income taxes67/77 | - | - | €148 | €157 | €5k | ▲ 2,944% |
| Profit (loss) for the period9904 | €136k | €97k | €66k | €122k | €222k | ▲ 82.9% |
| Profit (loss) for the period to be appropriated9905 | €136k | €97k | €66k | €122k | €222k | ▲ 82.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €415k | €405k | €314k | €296k | €502k | ▲ 69.7% |
| Fixed assets21/28 | €67k | €49k | €28k | €84k | €68k | ▼ 19.5% |
| Intangible fixed assets21 | - | - | - | €60k | €54k | ▼ 10.0% |
| Tangible fixed assets22/27 | €67k | €49k | €28k | €24k | €14k | ▼ 43.1% |
| Plant, machinery and equipment23 | - | €5k | €4k | €3k | €2k | ▼ 14.5% |
| Furniture and vehicles24 | - | €41k | €22k | €18k | €9k | ▼ 49.6% |
| Other tangible fixed assets26 | - | €3k | €2k | €4k | €2k | ▼ 31.1% |
| Current assets29/58 | €348k | €356k | €287k | €211k | €434k | ▲ 105% |
| Amounts receivable within one year40/41 | €114k | €88k | €109k | €109k | €98k | ▼ 9.9% |
| Trade receivables40 | - | €80k | €106k | €91k | €90k | ▼ 0.8% |
| Other amounts receivable41 | - | €8k | €2k | €18k | €8k | ▼ 55.4% |
| Current investments50/53 | - | - | €8k | €2k | €2k | = |
| Cash at bank and in hand54/58 | €230k | €267k | €170k | €100k | €330k | ▲ 229% |
| Deferred charges and accrued income490/1 | - | €168 | - | - | €4k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €415k | €405k | €314k | €296k | €502k | ▲ 69.7% |
| Equity10/15 | €162k | €162k | €22k | €24k | €22k | ▼ 6.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €142k | €142k | €2k | €3k | €2k | ▼ 44.7% |
| Amounts payable17/49 | €253k | €242k | €292k | €272k | €479k | ▲ 76.4% |
| Amounts payable after more than one year17 | €24k | €14k | €8k | €55k | €41k | ▼ 25.1% |
| Financial debts170/4 | - | €14k | €8k | €55k | €41k | ▼ 25.1% |
| Amounts payable within one year42/48 | €229k | €228k | €284k | €217k | €438k | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | €10k | €6k | €13k | €15k | ▲ 14.3% |
| Trade debts44 | €40k | €44k | €46k | €54k | €58k | ▲ 8.6% |
| Suppliers440/4 | - | €44k | €46k | €54k | €58k | ▲ 8.6% |
| Taxes, remuneration and social security45 | - | €45k | €25k | €11k | €39k | ▲ 272% |
| Taxes450/3 | - | €31k | €17k | €3k | €30k | ▲ 836% |
| Remuneration and social security454/9 | - | €13k | €8k | €7k | €10k | ▲ 32.0% |
| Other amounts payable47/48 | - | €130k | €207k | €139k | €325k | ▲ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €136k | €97k | €66k | €122k | €222k | ▲ 82.9% |
| + Depreciation and write-downs630 | €24k | €24k | €25k | €7k | €18k | ▲ 146% |
| Operating cash flow (approximation) | €160k | €122k | €91k | €129k | €240k | ▲ 86.5% |
| Investment in fixed assets (approximation) | - | €-6k | €-4k | €-64k | €-2k | ▲ 97.5% |
| Change in cash | - | €37k | €-98k | €-70k | €230k | ▲ 430% |
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 2026, expected by
2026
29-07
State Gazette act
Resignation: SRL PRINCEPS (director)Appointments: SRL LANGLET LAWYERS (director) and SRL RSD-LAW (director) · Permanent representatives: Olivier LANGLET and Arnaud VANGANSBEEK · Share transfer7 facts ▸
State Gazette act
Resignation: SRL PRINCEPS (director)
Appointments: SRL LANGLET LAWYERS (director) and SRL RSD-LAW (director) · Permanent representatives: Olivier LANGLET and Arnaud VANGANSBEEK · Share transfer7 facts ▸
- General meeting, 01/07/2026
- Share transfer, Bruno VINCENT
- Director resignation, SRL PRINCEPS (director)
- Director appointment, SRL LANGLET LAWYERS (director)
- Permanent representative, Olivier LANGLET
- Director appointment, SRL RSD-LAW (director)
- Permanent representative, Arnaud VANGANSBEEK
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €222k ▲82.9%
Operating result €226k, net result €222k, both a record.
21-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
SRL LANGLET LAWYERS
CurrentDirector · since 29-07-2026 · Legal entity · perm. rep.: Olivier LANGLET
SRL RSD-LAW
CurrentDirector · since 29-07-2026 · Legal entity · perm. rep.: Arnaud VANGANSBEEK
29-07-2026
SRL LANGLET LAWYERS: Appointed as Director
29-07-2026
SRL RSD-LAW: Appointed as Director
29-07-2026
SRL PRINCEPS: Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 2 establishment units since 2014
Ground area
3,599 m²
Building footprint
2,300 m²
Volume, LiDAR
26,751 m³
3 parcels, Brussels, Wallonia · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
31
companies at this address
See who is registered here
2 establishment units
Egide Van Ophemstraat 40, 1180 Ukkel
since 20142.237.160.191
Boulevard Pierre Mayence 17, 6000 Charleroi
since 20162.253.686.023
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00N002 | Brussels | 2,094 m² | 1 · 2,233 m² | 19.1 m · 4 fl. |
| 21616G0176/00X003 | Brussels | 1,103 m² | - | - |
| 52011B0239/00P100 | Wallonia | 402 m² | 1 · 67 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 29-07-2026 ↗
- from Bruno VINCENT total
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 6,314 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
Founded20-11-2014
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.