LOTHICH
ActiveSummary
LOTHICH has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428k and a net result of €92k. Equity is growing by ~36.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-2
Solvency83▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.14 in 2024; short-term debt: 21.8% and cash: 31.2% of total assets), and 42.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% 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
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
57.8%
Return on assets
12.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 d late
2023
31 d late
2022
18 d early
2021
4 d early
2020
on the day
2019
17 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
€428k▲ 9.2%
2024 · €392k
Total assets
€740k▲ 6.7%
2024 · €693k
Net result
€92k▼ 4.4%
2024 · €96k
Working capital
€171k▲ 22.4%
2024 · €139k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€53k▼ 18.9%€106k▲ 101%€102k▼ 4.3%€138k▲ 35.9%€128k▼ 7.2%
Net result€31k▼ 22.2%€73k▲ 133%€71k▼ 2.8%€96k▲ 35.9%€92k▼ 4.4%
Equity€152k▲ 25.7%€225k▲ 47.7%€296k▲ 31.4%€392k▲ 32.5%€428k▲ 9.2%
Total assets€613k▼ 1.6%€577k▼ 5.9%€608k▲ 5.4%€693k▲ 14.1%€740k▲ 6.7%
Debt€461k▼ 8.2%€352k▼ 23.6%€312k▼ 11.3%€302k▼ 3.4%€312k▲ 3.5%
Working capital€-60k▲ 27.0%€21k€75k▲ 260%€139k▲ 85.6%€171k▲ 22.4%
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 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €740k
Fixed assets
€408k ▼ 5.6%
Current assets
€332k ▲ 27.0%
Equity and liabilities €740k
Equity
€428k ▲ 9.2%
Debt
€312k ▲ 3.5%
Debt's share of the balance-sheet total falls from 43.5% to 42.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156k▼
2024 · €166k
Cash flow
€119k▼
2024 · €124k
Current ratio
2.06▼
2024 · 2.14
Debt to equity
0.73▼
2024 · 0.77
ROE
21.5%▼
2024 · 24.5%
ROA
12.4%▼
2024 · 13.8%
Interest coverage
44.84▲
2024 · 30.82
Debt ≤ 1 year
€162k▲
2024 · €122k
Debt > 1 year
€151k▼
2024 · €179k
Income taxes
€35k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €27k | €30k | €28k | €28k | ▼ 2.4% |
| Other operating charges640/8 | €6k | €5k | €5k | €5k | €4k | ▼ 13.6% |
| Gross operating margin9900 | €90k | €137k | €136k | €171k | €160k | ▼ 6.6% |
| Operating profit (loss)9901 | €53k | €106k | €102k | €138k | €128k | ▼ 7.2% |
| Financial income75/76B | €128 | €46 | €251 | €475 | €2k | ▲ 379% |
| Recurring financial income75 | €128 | €46 | €251 | €475 | €2k | ▲ 379% |
| Financial charges65/66B | €9k | €10k | €6k | €5k | €3k | ▼ 35.7% |
| Recurring financial charges65 | €9k | €10k | €6k | €5k | €3k | ▼ 35.7% |
| Profit (loss) for the period before taxes9903 | €44k | €96k | €96k | €133k | €127k | ▼ 4.7% |
| Income taxes67/77 | €13k | €23k | €25k | €37k | €35k | ▼ 5.2% |
| Profit (loss) for the period9904 | €31k | €73k | €71k | €96k | €92k | ▼ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €31k | €73k | €71k | €96k | €92k | ▼ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €613k | €577k | €608k | €693k | €740k | ▲ 6.7% |
| Fixed assets21/28 | €494k | €467k | €456k | €432k | €408k | ▼ 5.6% |
| Tangible fixed assets22/27 | €494k | €467k | €456k | €432k | €408k | ▼ 5.6% |
| Land and buildings22 | €481k | €460k | €439k | €420k | €395k | ▼ 5.9% |
| Plant, machinery and equipment23 | €2k | €660 | - | - | - | - |
| Furniture and vehicles24 | €11k | €7k | €17k | €12k | €13k | ▲ 6.7% |
| Current assets29/58 | €119k | €109k | €152k | €262k | €332k | ▲ 27.0% |
| Amounts receivable within one year40/41 | €30k | €31k | €30k | €36k | €36k | ▲ 0.8% |
| Trade receivables40 | €23k | €26k | €23k | €36k | €35k | ▼ 2.3% |
| Other amounts receivable41 | €7k | €5k | €7k | €230 | €1k | ▲ 484% |
| Current investments50/53 | - | - | - | €146k | €51k | ▼ 65.2% |
| Cash at bank and in hand54/58 | €66k | €60k | €106k | €64k | €231k | ▲ 263% |
| Deferred charges and accrued income490/1 | €23k | €18k | €15k | €17k | €15k | ▼ 11.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €613k | €577k | €608k | €693k | €740k | ▲ 6.7% |
| Equity10/15 | €152k | €225k | €296k | €392k | €428k | ▲ 9.2% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €132k | €205k | €276k | €372k | €408k | ▲ 9.7% |
| Non-distributable reserves130/1 | €2k | €2k | €479 | €479 | €479 | = |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Other1319 | €479 | €479 | €479 | €479 | €479 | = |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €127k | €200k | €272k | €368k | €404k | ▲ 9.8% |
| Amounts payable17/49 | €461k | €352k | €312k | €302k | €312k | ▲ 3.5% |
| Amounts payable after more than one year17 | €282k | €263k | €236k | €179k | €151k | ▼ 16.0% |
| Financial debts170/4 | €282k | €263k | €236k | €179k | €151k | ▼ 16.0% |
| Amounts payable within one year42/48 | €179k | €89k | €76k | €122k | €162k | ▲ 32.1% |
| Financial debts43 | €31k | €18k | €17k | €40k | €37k | ▼ 6.3% |
| Credit institutions430/8 | €31k | €18k | €17k | €40k | €37k | ▼ 6.3% |
| Trade debts44 | €761 | €701 | €303 | €2k | €2k | ▼ 16.7% |
| Suppliers440/4 | €761 | €701 | €303 | €2k | €2k | ▼ 16.7% |
| Taxes, remuneration and social security45 | €17k | €15k | €14k | €26k | €16k | ▼ 39.2% |
| Taxes450/3 | €17k | €15k | €11k | €20k | €7k | ▼ 67.3% |
| Remuneration and social security454/9 | - | €688 | €2k | €5k | €9k | ▲ 65.7% |
| Other amounts payable47/48 | €130k | €54k | €45k | €55k | €107k | ▲ 95.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €73k | €71k | €96k | €92k | ▼ 4.4% |
| + Depreciation and write-downs630 | €31k | €27k | €30k | €28k | €28k | ▼ 2.4% |
| Operating cash flow (approximation) | €62k | €99k | €100k | €124k | €119k | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | €0 | €-18k | €-4k | €-4k | ▲ 2.7% |
| Change in cash | - | €-6k | €46k | €-43k | €167k | ▲ 489% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
17-03
State Gazette act
General meeting · Auditor reappointment
Board meeting · Power of attorney
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2018net €96k ▲35.9%
Operating result €138k, net result €96k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
03-08
State Gazette act
Board meeting · Organizational change
Power of attorney · Permanent representative
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €225k ▲47.7%
5 profitable years in a row build equity to €225k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €152k ▲25.7%
4 profitable years in a row build equity to €152k.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €121k ▲49.3%
3 profitable years in a row build equity to €121k.
Show earlier events
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €24k ▼30%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2014
03-01
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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.
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Directors · office · real estate
Directors
1 act for this company is 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, Haacht · 1 establishment unit since 1982
Ground area
2,537 m²
Building footprint
591 m²
Volume, LiDAR
1,659 m³
2 parcels, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Trolieberg 10, 3010 Leuven
since 19822.204.973.415
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0185/00Z000 | Flanders | 1,611 m² | 1 · 439 m² | 5.3 m · 1 fl. |
| 24122A0180/00Y000 | Flanders | 926 m² | 1 · 152 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,934. 1,248 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
Founded30-01-1982
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
42130Civil engineering
43130Specialised construction activities
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.