Litrade
ActiveSummary
Litrade has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,969 and a net result of €87. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-28
Solvency65▼-28
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 2.51 in 2024; short-term debt: 53.1% and cash: 13.3% of total assets), and 59.8% 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+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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
40.2%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 8 filingsDeviation from the deadline
2025
21 d late
2024
22 d early
2023
8 d late
2022
7 d early
2021
6 d early
2020
40 d late
2019
35 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 on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€35,969▼ 40.9%
2024 · €60,882
Total assets
€89,423▲ 0.1%
2024 · €89,331
Net result
€87▼ 99.5%
2024 · €16,658
Working capital
€15,337▼ 62.6%
2024 · €40,986
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result€13,539▼ 27.3%€3,115▼ 77.0%€7,352▲ 136%€25,558▲ 248%€6,321▼ 75.3%
Net result€8,401within the sector's middle half▼ 9.3%€2,739within the sector's middle half▼ 67.4%€1,149below the sector's middle half▼ 58.1%€16,658within the sector's middle half▲ 1,350%€87below the sector's middle half▼ 99.5%
Equity€28,035within the sector's middle half▲ 42.8%€30,775within the sector's middle half▲ 9.8%€31,924within the sector's middle half▲ 3.7%€60,882within the sector's middle half▲ 90.7%€35,969within the sector's middle half▼ 40.9%
Total assets€80,590below the sector's middle half▲ 20.5%€76,727below the sector's middle half▼ 4.8%€63,997below the sector's middle half▼ 16.6%€89,331within the sector's middle half▲ 39.6%€89,423within the sector's middle half▲ 0.1%
Debt€52,555▲ 11.3%€45,953▼ 12.6%€32,073▼ 30.2%€28,449▼ 11.3%€53,455▲ 87.9%
Working capital€13,373within the sector's middle half€16,359within the sector's middle half▲ 22.3%€19,948within the sector's middle half▲ 21.9%€40,986within the sector's middle half▲ 105%€15,337within the sector's middle half▼ 62.6%
Solvency34.8%within the sector's middle half▲ 5.4pp40.1%within the sector's middle half▲ 5.3pp49.9%within the sector's middle half▲ 9.8pp68.2%within the sector's middle half▲ 18.3pp40.2%within the sector's middle half▼ 27.9pp
Current ratio1.25within the sector's middle half▲ 0.261.36within the sector's middle half▲ 0.111.67within the sector's middle half▲ 0.302.51within the sector's middle half▲ 0.841.32within the sector's middle half▼ 1.19
Return on assets (ROA)10.4%within the sector's middle half▼ 3.4pp3.6%within the sector's middle half▼ 6.9pp1.8%within the sector's middle half▼ 1.8pp18.6%within the sector's middle half▲ 16.9pp0.1%below the sector's middle half▼ 18.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,423
Fixed assets
€26,560 ▲ 25.5%
Current assets
€62,863 ▼ 7.8%
Equity and liabilities €89,423
Equity
€35,969 ▼ 40.9%
Debt
€53,455 ▲ 87.9%
Debt's share of the balance-sheet total rises from 31.8% to 59.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12,514▼
2024 · €28,904
Cash flow
€6,279▼
2024 · €20,005
Debt to equity
1.49▲
2024 · 0.47
ROE
0.2%▼
2024 · 27.4%
Interest coverage
5.36▼
2024 · 80.83
Debt ≤ 1 year
€47,526▲
2024 · €27,178
Debt > 1 year
€4,238
Income taxes
€3,911▼
2024 · €8,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 5,049 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,217 | €3,120 | €2,940 | €3,346 | €6,193 | ▲ 85.1% |
| Other operating charges640/8 | €1,049 | €2,063 | €1,754 | €1,271 | €1,941 | ▲ 52.7% |
| Gross operating margin9900 | €24,804 | €8,298 | €12,047 | €30,175 | €14,455 | ▼ 52.1% |
| Operating profit (loss)9901 | €13,539 | €3,115 | €7,352 | €25,558 | €6,321 | ▼ 75.3% |
| Financial income75/76B | €0 | €4,682 | €5 | €421 | €12 | ▼ 97.2% |
| Recurring financial income75 | €0 | €0 | €5 | €421 | €12 | ▼ 97.2% |
| Non-recurring financial income76B | - | €4,682 | - | - | - | - |
| Financial charges65/66B | €1,059 | €786 | €1,769 | €358 | €2,335 | ▲ 553% |
| Recurring financial charges65 | €1,059 | €786 | €1,769 | €358 | €2,335 | ▲ 553% |
| Profit (loss) for the period before taxes9903 | €12,480 | €7,010 | €5,589 | €25,622 | €3,998 | ▼ 84.4% |
| Income taxes67/77 | €4,079 | €4,271 | €4,440 | €8,963 | €3,911 | ▼ 56.4% |
| Profit (loss) for the period9904 | €8,401 | €2,739 | €1,149 | €16,658 | €87 | ▼ 99.5% |
| Profit (loss) for the period to be appropriated9905 | €8,401 | €2,739 | €1,149 | €16,658 | €87 | ▼ 99.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,590 | €76,727 | €63,997 | €89,331 | €89,423 | ▲ 0.1% |
| Fixed assets21/28 | €14,663 | €15,178 | €14,136 | €21,167 | €26,560 | ▲ 25.5% |
| Tangible fixed assets22/27 | €14,663 | €15,178 | €14,136 | €21,167 | €26,560 | ▲ 25.5% |
| Land and buildings22 | €6,040 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,545 | €10,729 | ▲ 322% |
| Furniture and vehicles24 | €8,623 | €7,071 | €6,262 | €6,160 | €4,231 | ▼ 31.3% |
| Other tangible fixed assets26 | - | €8,106 | €7,874 | €12,463 | €11,599 | ▼ 6.9% |
| Current assets29/58 | €65,928 | €61,550 | €49,860 | €68,163 | €62,863 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €51,799 | €41,225 | €30,432 | €49,241 | €47,683 | ▼ 3.2% |
| Trade receivables40 | €51,589 | €40,915 | €29,932 | €36,822 | €46,643 | ▲ 26.7% |
| Other amounts receivable41 | €210 | €310 | €500 | €12,419 | €1,040 | ▼ 91.6% |
| Cash at bank and in hand54/58 | €11,251 | €16,618 | €17,026 | €14,937 | €11,937 | ▼ 20.1% |
| Deferred charges and accrued income490/1 | €2,877 | €3,706 | €2,403 | €3,986 | €3,243 | ▼ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,590 | €76,727 | €63,997 | €89,331 | €89,423 | ▲ 0.1% |
| Equity10/15 | €28,035 | €30,775 | €31,924 | €60,882 | €35,969 | ▼ 40.9% |
| Contributions10/11 | €6,300 | €6,300 | €6,300 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €17,369 | ▲ 834% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €15,509 | - |
| Profit (loss) carried forward14 | €19,875 | €22,615 | €23,764 | €40,422 | - | - |
| Amounts payable17/49 | €52,555 | €45,953 | €32,073 | €28,449 | €53,455 | ▲ 87.9% |
| Amounts payable after more than one year17 | - | - | - | - | €4,238 | - |
| Financial debts170/4 | - | - | - | - | €4,238 | - |
| Amounts payable within one year42/48 | €52,555 | €45,191 | €29,912 | €27,178 | €47,526 | ▲ 74.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €3,752 | - |
| Trade debts44 | €21,580 | €17,021 | €9,430 | €16,910 | €17,406 | ▲ 2.9% |
| Suppliers440/4 | €21,580 | €17,021 | €9,430 | €16,910 | €17,406 | ▲ 2.9% |
| Taxes, remuneration and social security45 | €18,103 | €21,954 | €14,409 | €10,268 | €17,863 | ▲ 74.0% |
| Taxes450/3 | €18,103 | €16,667 | €12,083 | €7,892 | €14,776 | ▲ 87.2% |
| Remuneration and social security454/9 | - | €5,287 | €2,326 | €2,376 | €3,088 | ▲ 30.0% |
| Other amounts payable47/48 | €12,872 | €6,216 | €6,072 | - | €8,505 | - |
| Accrued charges and deferred income492/3 | - | €762 | €2,161 | €1,271 | €1,691 | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,401 | €2,739 | €1,149 | €16,658 | €87 | ▼ 99.5% |
| + Depreciation and write-downs630 | €10,217 | €3,120 | €2,940 | €3,346 | €6,193 | ▲ 85.1% |
| Operating cash flow (approximation) | €18,618 | €5,860 | €4,089 | €20,005 | €6,279 | ▼ 68.6% |
| Investment in fixed assets (approximation) | - | -€3,635 | -€1,899 | -€10,377 | -€11,585 | ▼ 11.6% |
| Change in cash | - | €5,367 | €408 | -€2,089 | -€3,000 | ▼ 43.6% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Back to profitnet €9,265
Net result €9,265 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€31,529
Net result drops to -€31,529, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Malle · 1 establishment unit since 2018
Ground area
4,664 m²
Building footprint
293 m²
Volume, LiDAR
1,473 m³
Parcel 11049C0280/00T000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Litrade
since 20182.272.722.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0280/00T000 | Flanders | 4,664 m² | 1 · 293 m² | 11.2 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 82,642 companies in sector 70200 we hold annual accounts for 52,629. 35,905 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
Founded09-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0689966146
Also
9925:BE0689966146
Registered
07-10-2025
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.