Lotheo
ActiveSummary
Lotheo has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,500 and a net result of €51,024. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+3
Solvency27▼-31
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
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
Six 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
2.1%
Return on assets
43%
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 10% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
on the day
2023
29 d late
2022
31 d late
2021
30 d late
2020
15 d early
← 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 17 days after the deadline; 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€2,500▼ 93.0%
2024 · €35,894
Total assets
€118,618▲ 7.8%
2024 · €109,996
Net result
€51,024▲ 95.8%
2024 · €26,061
Working capital
€2,350▼ 93.4%
2024 · €35,764
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,834€31,180▲ 298%€69,082▲ 122%€33,585▼ 51.4%€64,811▲ 93.0%
Net result€4,884within the sector's middle half€23,045within the sector's middle half▲ 372%€54,334within the sector's middle half▲ 136%€26,061within the sector's middle half▼ 52.0%€51,024within the sector's middle half▲ 95.8%
Equity€5,453below the sector's middle half▲ 858%€28,499within the sector's middle half▲ 423%€82,833within the sector's middle half▲ 191%€35,894within the sector's middle half▼ 56.7%€2,500below the sector's middle half▼ 93.0%
Total assets€18,262below the sector's middle half▲ 40.4%€43,243below the sector's middle half▲ 137%€88,622within the sector's middle half▲ 105%€109,996within the sector's middle half▲ 24.1%€118,618within the sector's middle half▲ 7.8%
Debt€12,809▲ 3.0%€14,744▲ 15.1%€5,789▼ 60.7%€74,102▲ 1,180%€116,118▲ 56.7%
Working capital€5,453within the sector's middle half▲ 858%€28,782within the sector's middle half▲ 428%€82,683within the sector's middle half▲ 187%€35,764within the sector's middle half▼ 56.7%€2,350within the sector's middle half▼ 93.4%
Solvency29.9%within the sector's middle half▲ 25.5pp65.9%within the sector's middle half▲ 36.0pp93.5%above the sector's middle half▲ 27.6pp32.6%within the sector's middle half▼ 60.8pp2.1%below the sector's middle half▼ 30.5pp
Current ratio1.43within the sector's middle half▲ 0.383.01within the sector's middle half▲ 1.5915.28above the sector's middle half▲ 12.271.48within the sector's middle half▼ 13.801.02within the sector's middle half▼ 0.46
Return on assets (ROA)26.7%above the sector's middle half▲ 41.6pp53.3%above the sector's middle half▲ 26.6pp61.3%above the sector's middle half▲ 8.0pp23.7%within the sector's middle half▼ 37.6pp43.0%above the sector's middle half▲ 19.3pp
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 recovers in 2025; 2025 is 93% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118,618
Fixed assets
€150 =
Current assets
€118,468 ▲ 7.8%
Equity and liabilities €118,618
Equity
€2,500 ▼ 93.0%
Debt
€116,118 ▲ 56.7%
Debt's share of the balance-sheet total rises from 67.4% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
46.45▲
2024 · 2.06
Debt ≤ 1 year
€116,118▲
2024 · €74,082
Income taxes
€13,731▲
2024 · €7,470
A ratio outside any meaningful range has been withheld (balance sheet total €118,618, equity €2,500).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,153 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €75 | €1,094 | €0 | ▼ 100% |
| Other operating charges640/8 | €260 | €357 | €791 | €631 | €615 | ▼ 2.5% |
| Non-recurring operating charges66A | - | - | - | - | €39 | - |
| Gross operating margin9900 | €8,094 | €31,537 | €69,873 | €34,216 | €65,465 | ▲ 91.3% |
| Operating profit (loss)9901 | €7,834 | €31,180 | €69,082 | €33,585 | €64,811 | ▲ 93.0% |
| Financial income75/76B | €0 | €0 | €271 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €271 | €0 | - | - |
| Financial charges65/66B | €1,096 | €922 | €20 | €54 | €55 | ▲ 2.5% |
| Recurring financial charges65 | €1,096 | €922 | €20 | €54 | €55 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €6,738 | €30,258 | €69,333 | €33,531 | €64,755 | ▲ 93.1% |
| Income taxes67/77 | €1,854 | €7,213 | €14,999 | €7,470 | €13,731 | ▲ 83.8% |
| Profit (loss) for the period9904 | €4,884 | €23,045 | €54,334 | €26,061 | €51,024 | ▲ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €4,884 | €23,045 | €54,334 | €26,061 | €51,024 | ▲ 95.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,262 | €43,243 | €88,622 | €109,996 | €118,618 | ▲ 7.8% |
| Fixed assets21/28 | - | €150 | €150 | €150 | €150 | = |
| Financial fixed assets28 | - | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €18,262 | €43,093 | €88,472 | €109,846 | €118,468 | ▲ 7.8% |
| Amounts receivable within one year40/41 | €174 | €12,880 | €19,835 | €100,964 | €91,813 | ▼ 9.1% |
| Trade receivables40 | €174 | €9,541 | €13,023 | €97,834 | €91,813 | ▼ 6.2% |
| Other amounts receivable41 | €0 | €3,339 | €6,813 | €3,130 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €13,053 | €27,189 | €67,681 | €7,843 | €25,577 | ▲ 226% |
| Deferred charges and accrued income490/1 | €5,035 | €3,024 | €955 | €1,039 | €1,079 | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,262 | €43,243 | €88,622 | €109,996 | €118,618 | ▲ 7.8% |
| Equity10/15 | €5,453 | €28,499 | €82,833 | €35,894 | €2,500 | ▼ 93.0% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €2,953 | €25,999 | €80,333 | €33,394 | €0 | ▼ 100% |
| Amounts payable17/49 | €12,809 | €14,744 | €5,789 | €74,102 | €116,118 | ▲ 56.7% |
| Amounts payable within one year42/48 | €12,809 | €14,310 | €5,789 | €74,082 | €116,118 | ▲ 56.7% |
| Trade debts44 | €2,408 | €4,882 | €483 | €24,622 | €18,514 | ▼ 24.8% |
| Suppliers440/4 | €2,408 | €4,882 | €483 | €24,622 | €18,514 | ▼ 24.8% |
| Taxes, remuneration and social security45 | €2,510 | €9,347 | €5,134 | €18,707 | €12,041 | ▼ 35.6% |
| Taxes450/3 | €2,510 | €9,347 | €5,134 | €18,707 | €12,041 | ▼ 35.6% |
| Other amounts payable47/48 | €7,891 | €81 | €172 | €30,753 | €85,564 | ▲ 178% |
| Accrued charges and deferred income492/3 | - | €433 | €0 | €20 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,884 | €23,045 | €54,334 | €26,061 | €51,024 | ▲ 95.8% |
| Operating cash flow (approximation) | €4,884 | €23,045 | €54,334 | €26,061 | €51,024 | ▲ 95.8% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €14,136 | €40,492 | -€59,839 | €17,734 | ▲ 130% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2020net €54,334 ▲136%
Operating result €69,082, net result €54,334, both a record.
31-12
Financial
Liquidity times 5current ratio 15.28
Current ratio from 3.01 to 15.28; short-term debt falls from €14,310 to €5,789.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.43 to 3.01.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €4,884
Net result €4,884 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2020
Ground area
195 m²
Building footprint
75 m²
Volume, LiDAR
609 m³
Parcel 21683D0371/00Y072, Brussels · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lotheo
since 20202.309.402.823
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0371/00Y072 | Brussels | 195 m² | 1 · 75 m² | 11.4 m · 3 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.
Similar companies · same sector, comparable size
TerraConsult
BE 0727.776.350
Hasselt · Eq €2,500
Snlkx
BE 0733.633.665
Gent · Eq €2,500
Forima
BE 0733.541.219
Scherpenheuvel-Zichem · Eq €2,500
Carolien Redant
BE 0730.554.609
Aalst · Eq €2,500
Aranesso
BE 0732.872.117
Gent · Eq €2,500
Of 82,601 companies in this sector we hold annual accounts for 52,629. 10,003 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757875648
Registered
08-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.