LITWAY
ActiveSummary
LITWAY has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
3.4%
Return on assets
25.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 11%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 6 filingsDeviation from the deadline
2025
3 d late
2024
31 d late
2023
29 d late
2022
42 d early
2021
5 d late
2020
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▲ 142%
2024 · €3k
2020: €77k
2021: €146k▲ +88.0% vs 2020highest in 6 years
2022: €68k▼ -53.3% vs 2021
2023: €3k▼ -95.6% vs 2022lowest in 6 years
2024: €3k● 0.0% vs 2023lowest in 6 years
2025: €7k▲ +142% vs 2024
2020 → 2025
Total assets
€212k▼ 4.9%
2024 · €223k
2020: €151klowest in 6 years
2021: €237k▲ +57.2% vs 2020
2022: €307k▲ +29.3% vs 2021highest in 6 years
2023: €235k▼ -23.5% vs 2022
2024: €223k▼ -5.1% vs 2023
2025: €212k▼ -4.9% vs 2024
2020 → 2025
Net result
€54k▼ 21.8%
2024 · €69k
2020: €114k
2021: €102k▼ -11.0% vs 2020
2022: €120k▲ +17.4% vs 2021highest in 6 years
2023: €79k▼ -33.8% vs 2022
2024: €69k▼ -12.4% vs 2023
2025: €54k▼ -21.8% vs 2024lowest in 6 years
2020 → 2025
Working capital
€-6k▲ 55.5%
2024 · €-13k
2020: €77k
2021: €143k▲ +85.9% vs 2020highest in 6 years
2022: €66k▼ -53.7% vs 2021
2023: €-12k▼ -117% vs 2022
2024: €-13k▼ -15.0% vs 2023lowest in 6 years
2025: €-6k▲ +55.5% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€68k▼ 53.3%€3k▼ 95.6%€3k=€7k▲ 142%
2021: €146khighest in 5 years
2022: €68k▼ -53.3% vs 2021
2023: €3k▼ -95.6% vs 2022lowest in 5 years
2024: €3k● 0.0% vs 2023lowest in 5 years
2025: €7k▲ +142% vs 2024
Operating result€119k-€144k▲ 20.8%€104k▼ 27.6%€89k▼ 13.9%€71k▼ 20.8%
2021: €119k
2022: €144k▲ +20.8% vs 2021highest in 5 years
2023: €104k▼ -27.6% vs 2022
2024: €89k▼ -13.9% vs 2023
2025: €71k▼ -20.8% vs 2024lowest in 5 years
Net result€102k-€120k▲ 17.4%€79k▼ 33.8%€69k▼ 12.4%€54k▼ 21.8%
2021: €102k
2022: €120k▲ +17.4% vs 2021highest in 5 years
2023: €79k▼ -33.8% vs 2022
2024: €69k▼ -12.4% vs 2023
2025: €54k▼ -21.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €212k
Fixed assets
€27k ▼ 32.4%
Current assets
€185k ▲ 1.0%
Equity and liabilities €212k
Equity
€7k ▲ 142%
Debt
€204k ▼ 6.9%
Debt's share of the balance-sheet total falls from 98.7% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▼
2024 · €102k
Cash flow
€67k▼
2024 · €82k
Current ratio
0.97▲
2024 · 0.93
Debt to equity
28.20▼
2024 · 73.22
ROE
748.3%
ROA
25.6%▼
2024 · 31.2%
Interest coverage
45.50▼
2024 · 61.26
Debt ≤ 1 year
€191k▼
2024 · €196k
Debt > 1 year
€13k▼
2024 · €23k
Income taxes
€15k▼
2024 · €18k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€223k€212k▼
Fixed assets21/28€40k€27k▼
Tangible fixed assets22/27€40k€27k▼
Furniture and vehicles24€39k€26k▼
Other tangible fixed assets26€1k€746▼
Current assets29/58€183k€185k▲
Amounts receivable within one year40/41€50k€25k▼
Trade receivables40€36k€14k▼
Other amounts receivable41€14k€12k▼
Cash at bank and in hand54/58€133k€159k▲
Deferred charges and accrued income490/1€424€424=
Equity and liabilities
Total equity and liabilities10/49€223k€212k▼
Equity10/15€3k€7k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€0€4k▲
Amounts payable17/49€220k€204k▼
Amounts payable after more than one year17€23k€13k▼
Financial debts170/4€23k€13k▼
Amounts payable within one year42/48€196k€191k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€12k€18k▲
Other amounts payable47/48€169k€160k▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€671€576▼
Gross operating margin9900€102k€84k▼
Operating profit (loss)9901€89k€71k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€88k€69k▼
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€69k€54k▼
Profit (loss) for the period to be appropriated9905€69k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€54k▼
Profit (loss) brought forward from the previous period14P€0-
Profit to be distributed694/7€69k€50k▼
Return on contributions (dividend)694€69k€50k▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €584 | €678 | €10k | €12k | €13k | ▲ 4.4% |
| Other operating charges640/8 | - | €521 | €825 | €671 | €576 | ▼ 14.2% |
| Gross operating margin9900 | €119k | €145k | €114k | €102k | €84k | ▼ 17.7% |
| Operating profit (loss)9901 | €119k | €144k | €104k | €89k | €71k | ▼ 20.8% |
| Financial income75/76B | €3k | €3k | €5 | €0 | €0 | - |
| Recurring financial income75 | €3k | €3k | €5 | €0 | €0 | - |
| Financial charges65/66B | €823 | €624 | €2k | €2k | €2k | ▲ 10.8% |
| Recurring financial charges65 | €823 | €624 | €2k | €2k | €2k | ▲ 10.8% |
| Profit (loss) for the period before taxes9903 | €121k | €145k | €102k | €88k | €69k | ▼ 21.4% |
| Income taxes67/77 | €19k | €26k | €23k | €18k | €15k | ▼ 19.6% |
| Profit (loss) for the period9904 | €102k | €120k | €79k | €69k | €54k | ▼ 21.8% |
| Profit (loss) for the period to be appropriated9905 | €102k | €120k | €79k | €69k | €54k | ▼ 21.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €237k | €307k | €235k | €223k | €212k | ▼ 4.9% |
| Fixed assets21/28 | €3k | €2k | €48k | €40k | €27k | ▼ 32.4% |
| Tangible fixed assets22/27 | €3k | €2k | €48k | €40k | €27k | ▼ 32.4% |
| Furniture and vehicles24 | €3k | €2k | €46k | €39k | €26k | ▼ 32.6% |
| Other tangible fixed assets26 | - | - | €1k | €1k | €746 | ▼ 27.0% |
| Current assets29/58 | €235k | €305k | €187k | €183k | €185k | ▲ 1.0% |
| Amounts receivable after more than one year29 | - | €38k | - | - | - | - |
| Other amounts receivable291 | - | €38k | - | - | - | - |
| Amounts receivable within one year40/41 | €53k | €87k | €22k | €50k | €25k | ▼ 49.1% |
| Trade receivables40 | €14k | €17k | €15k | €36k | €14k | ▼ 62.4% |
| Other amounts receivable41 | €39k | €70k | €7k | €14k | €12k | ▼ 13.4% |
| Cash at bank and in hand54/58 | €181k | €179k | €164k | €133k | €159k | ▲ 19.8% |
| Deferred charges and accrued income490/1 | €309 | €494 | €424 | €424 | €424 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €237k | €307k | €235k | €223k | €212k | ▼ 4.9% |
| Equity10/15 | €146k | €68k | €3k | €3k | €7k | ▲ 142% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €143k | €65k | - | €0 | €4k | - |
| Amounts payable17/49 | €92k | €239k | €232k | €220k | €204k | ▼ 6.9% |
| Amounts payable after more than one year17 | - | - | €33k | €23k | €13k | ▼ 43.3% |
| Financial debts170/4 | - | - | €33k | €23k | €13k | ▼ 43.3% |
| Amounts payable within one year42/48 | €92k | €239k | €198k | €196k | €191k | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | €9k | €10k | €10k | ▲ 4.1% |
| Trade debts44 | €3k | €3k | €10k | €5k | €3k | ▼ 42.3% |
| Suppliers440/4 | €3k | €3k | €10k | €5k | €3k | ▼ 42.3% |
| Taxes, remuneration and social security45 | €54k | €38k | €25k | €12k | €18k | ▲ 50.1% |
| Taxes450/3 | €54k | €38k | €25k | €12k | €18k | ▲ 50.1% |
| Other amounts payable47/48 | €34k | €197k | €154k | €169k | €160k | ▼ 5.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €102k | €120k | €79k | €69k | €54k | ▼ 21.8% |
| + Depreciation and write-downs630 | €584 | €678 | €10k | €12k | €13k | ▲ 4.4% |
| Operating cash flow (approximation) | €102k | €120k | €89k | €82k | €67k | ▼ 17.9% |
| Investment in fixed assets (approximation) | - | €129 | €-56k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €-2k | €-15k | €-32k | €26k | ▲ 183% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €54k ▼21.8%
Net result drops to €54k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €120k ▲17.4%
Operating result €144k, net result €120k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Equity above €100kEq €146k ▲88%
2 profitable years in a row build equity to €146k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Trooz · 1 establishment unit since 2019
Ground area
213 m²
Building footprint
226 m²
Volume, LiDAR
1,161 m³
Parcel 62041B0329/00S000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LITWAY
since 20192.291.801.776
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62041B0329/00S000 | Wallonia | 213 m² | 1 · 226 m² | 7.3 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 19,430 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
Founded17-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.