Equity
€814,530 ▼ 3.7%
LTCS has made a profit without a break since 2023.
LTCS
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €512,581 (2023)
€217,712▲ 23.6%
lowest -€78,980 (2022)
€121,157▲ 49.8%
peak €860,383 (2019)
€814,530▼ 3.7%
€707,917▲ 14.2%
peak 0.1 FTE (2009)
-not published
Board7 names since 2019
1 director
Owners
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Gross margin from €176,149 to €217,712Result from €80,854 to €121,157Merger: LTCS takes over CS Enterprises 10-03Cash from €69,403 to €110,980
Key points
from the 2025 annual accountsTurnover
≈ €1.1m estimated
The accounts state no turnover.
Liquidity
1.67 was 3.18 in 2024
Short-term debts rose from €79,850 to €199,272.
Filings
32 annual accounts since 1994
Four of the last ten came late. The 2019 accounts came latest: 63 days after the end of the period.
Restructuring
2
2 restructurings since 2025. Latest: merger with CS Enterprises.
Position in the sector
€121,157
Higher net result than 95% of companies in wholesale trade. Sector median €5,135 · 15,425 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as LTCS has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for LTCS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451417412
Registered office moved from Brussels to Haacht - Keerbergsesteenweg
Capital decrease of €152,266.28 to €61,500 · Capital from €213,766.28 to €61,500 · New registered office: 3150 Haacht - Keerbergsesteenweg 40 · General meeting of 17-12-2025 · Gazette deed
Merger: LTCS takes over CS Enterprises
Resignations: , , (managing director), and TLZ · Permanent representatives: , and · Appointment: (managing director) · General meeting of 18-12-2024 · Gazette deed
Merger proposal: LTCS takes over CS ENTERPRISES
Permanent representatives: and · CS ENTERPRISES holds 130 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LTCS Haacht | €1.6m | €217,712 | 51.9% | - |
| ALTERNA Schaerbeek | €1.6m | €302,826 | 41.0% | - |
| ISATRONICK Antwerp | €1.8m | €194,362 | 85.2% | 3 |
| TADICOM EUROPE Zaventem | €1.6m | €207,563 | 53.1% | 1.9 |
| Multi-Post Wemmel | €1.5m | €298,611 | 46.8% | 2 |
| ATHLON MOBILITY CONSULTANCY Machelen (Brab.) | €1.1m | €334,138 | -139.0% | - |
| AddSecure Smart Transport Brussels | €1.8m | €157,763 | 95.2% | 0.9 |
These companies have the same main activity as LTCS: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €1.1m and €1.8m, founded between 1989 and 1996.
Official details
Source: KBO- Status
- Active since 09-11-1993Normal situation
- Activity
- Wholesale of information and communication equipmentNACE 46500and 1 other
- Establishment unit
- 2.064.862.9521000 Brussels, since 29-12-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on LTCS
LTCS files the micro format. That format states no turnover. The gross margin rose from €100,091 in 2006 to €217,712 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
In March 2025, three directors stepped down. In March 2025, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LTCS
- What is the company number of LTCS?
- The company number of LTCS is 0451.417.412. The VAT number is the same number with BE in front: BE 0451.417.412.
- Where is LTCS based?
- The registered office is at Keerbergsesteenweg 40, 3150 Haacht.Company details
- What does LTCS do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of LTCS?
- LTCS is a public limited company (NV).
- When was LTCS founded?
- LTCS was founded on 09-11-1993.
- Is LTCS still active?
- Yes, LTCS is an active enterprise in the KBO register.
- What is the turnover of LTCS?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €217,712 and 60 comparable companies (NACE 46). It probably lies between €500,000 and €2.0m.Financials
- Is LTCS profitable?
- In financial year 2025, LTCS made a profit of €121,157.
- Where can I find the annual accounts of LTCS?
- LTCS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LTCS due?
- LTCS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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