LT&S
ActiveSummary
LT&S has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 1330 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability25▼-19
Solvency33▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.9%
Return on assets
-5%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1330 sector peers (2024).
NBB · sector comparisonPosition among 1330 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
13 d early
2022
11 d late
2021
47 d early
2020
29 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€3k▼ 38.5%
2023 · €5k
Total assets
€40k▲ 11.0%
2023 · €36k
Net result
€-2k
2023 · €979
Working capital
€3k▼ 38.5%
2023 · €5k
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
Line20202021202220232024
Operating result€3k▼ 52.7%€-2k€3k€1k▼ 62.6%€-2k
Net result€3k▼ 54.0%€-2k€3k€979▼ 63.6%€-2k
Equity€3k▲ 1,157%€2k▼ 54.5%€4k▲ 177%€5k▲ 23.2%€3k▼ 38.5%
Total assets€34k▲ 9.9%€32k▼ 5.2%€37k▲ 12.7%€36k▼ 0.7%€40k▲ 11.0%
Debt€31k=€31k▲ 0.2%€32k▲ 4.6%€31k▼ 3.8%€37k▲ 19.2%
Working capital€3k▲ 1,157%€2k▼ 54.5%€4k▲ 177%€5k▲ 23.2%€3k▼ 38.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €1k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €40k
Equity
€3k ▼ 38.5%
Debt
€37k ▲ 19.2%
Debt's share of the balance-sheet total rises from 85.7% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.09▼
2023 · 1.17
Debt to equity
11.62▲
2023 · 6.00
ROE
-62.6%▼
2023 · 18.9%
ROA
-5.0%▼
2023 · 2.7%
Debt ≤ 1 year
€37k▲
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €603 | €607 | €664 | €686 | ▲ 3.2% |
| Gross operating margin9900 | €4k | €-985 | €4k | €2k | €-1k | ▼ 161% |
| Operating profit (loss)9901 | €3k | €-2k | €3k | €1k | €-2k | ▼ 253% |
| Financial income75/76B | - | €0 | - | - | €0 | - |
| Recurring financial income75 | €0 | €0 | - | - | €0 | - |
| Financial charges65/66B | - | €233 | €454 | €198 | €198 | = |
| Recurring financial charges65 | €156 | €233 | €454 | €198 | €198 | = |
| Profit (loss) for the period before taxes9903 | €3k | €-2k | €3k | €979 | €-2k | ▼ 304% |
| Profit (loss) for the period9904 | €3k | €-2k | €3k | €979 | €-2k | ▼ 304% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-2k | €3k | €979 | €-2k | ▼ 304% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34k | €32k | €37k | €36k | €40k | ▲ 11.0% |
| Current assets29/58 | €34k | €32k | €37k | €36k | €40k | ▲ 11.0% |
| Amounts receivable within one year40/41 | €6k | €14k | €12k | €17k | €24k | ▲ 39.8% |
| Trade receivables40 | - | €12k | €11k | €17k | €23k | ▲ 34.9% |
| Other amounts receivable41 | - | €2k | €989 | €44 | €894 | ▲ 1,934% |
| Cash at bank and in hand54/58 | €28k | €19k | €25k | €19k | €16k | ▼ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34k | €32k | €37k | €36k | €40k | ▲ 11.0% |
| Equity10/15 | €3k | €2k | €4k | €5k | €3k | ▼ 38.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €20 | €20 | €20 | €20 | €20 | = |
| Non-distributable reserves130/1 | - | €20 | €20 | €20 | €20 | = |
| Reserves not available under the articles1311 | - | €20 | €20 | €20 | €20 | = |
| Profit (loss) carried forward14 | €-15k | €-17k | €-14k | €-13k | €-15k | ▼ 14.9% |
| Amounts payable17/49 | €31k | €31k | €32k | €31k | €37k | ▲ 19.2% |
| Amounts payable within one year42/48 | €31k | €31k | €32k | €31k | €37k | ▲ 19.2% |
| Trade debts44 | - | - | - | - | €2k | - |
| Suppliers440/4 | - | - | - | - | €2k | - |
| Other amounts payable47/48 | - | €31k | €32k | €31k | €35k | ▲ 13.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-2k | €3k | €979 | €-2k | ▼ 304% |
| Operating cash flow (approximation) | €3k | €-2k | €3k | €979 | €-2k | ▼ 304% |
| Change in cash | - | €-10k | €6k | €-6k | €-3k | ▲ 48.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Geel · 1 establishment unit since 2011
Ground area
1,543 m²
Building footprint
150 m²
Volume, LiDAR
737 m³
Parcel 13375N0016/00Z000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LT&S
since 20112.198.924.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375N0016/00Z000 | Flanders | 1,543 m² | 1 · 150 m² | 7.0 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 393 companies in sector 42990 we hold annual accounts for 182. 42 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 (pre-2019)
Founded14-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
43211General electrical installation work
47761Retail sale of flowers, plants, seeds and fertilisers
Scores and ratios are computed by Checked and are not a credit decision.