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LTEC

Active
Private limited company·Reparatie en onderhoud van machines· 3 yrs active
Waterhoennest(Bis) 38 ·8501 Kortrijk, Belgium
BE 0795.523.229
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LTEC is 2.0% (moderate). The 2025 annual accounts show equity of €60k and a net result of €23k. Its solvency ranks better than 52% of 156 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€23k+13.3%
Working capital€-129+99.8%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · micro
€0€10k€20k€30kOperating result 2023: €27k€27kNet result 2023: €21k€21kOperating result 2025: €30k€30kNet result 2025: €23k€23k20232025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 33 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 43.2% 41.2%
better than 52% of 156 sector peers
Net result €23k €20k
better than 58% of 157 sector peers
Equity €60k €42k
better than 61% of 156 sector peers
Gross operating margin €60k €43k
better than 64% of 157 sector peers
Total assets €139k €115k
better than 57% of 157 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€58k
+14.1% +71% vs sector
Net profit
€23k
+13.3% +10% vs sector
Cash flow
€51k
+14.1% +109% vs sector
Total assets
€139k
-0.4% -25% vs sector
Equity
€60k
+159.9% -37% vs sector
Working capital
€-129
+99.8% far below sector median
Staff costs
€292
- -100% vs sector
Income taxes
€6k
+12.6% -31% vs sector
Debt
€79k
-32.2% -25% vs sector
Debt ≤ 1y
€73k
-28.9% -31% vs sector
Debt > 1y
€6k
-55.2% -53% vs sector
Current ratio
1.00
+418.2% -45% vs sector
Quick ratio
1.00
+418.2% -45% vs sector
Solvency
43.2%
+161.0% -9% vs sector
Debt / equity
1.32
-73.9% +18% vs sector
ROE
38.9%
-56.4% +66% vs sector
ROA
16.8%
+13.8% +47% vs sector
Interest coverage
88.04
-11.2% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€58k
Net profit€23k
Cash flow€51k
Staff costs-
Income taxes€6k
Dividends-
Total assets€139k
Equity€60k
Debt€79k
of which ≤ 1y€73k
of which > 1y€6k
Working capital€-129
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.00
Quick ratio1.00
Working capital ratio-0.1%
Solvency43.2%
Debt / equity1.32
Long-term debt ratio0.11
Interest coverage88.04
Gross margin-
Net margin-
ROA16.8%
ROE38.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€139k
Fixed assets 21/28€67k
Intangible fixed assets 21€25k
Tangible fixed assets 22/27€42k
Current assets 29/58€72k
Amounts receivable within one year 40/41€69
Cash & bank 54/58€72k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€139k
Equity 10/15€60k
Contributions / capital 10/11€3k
Reserves 13€58k
Amounts payable 17/49€79k
Amounts payable after one year 17€6k
Amounts payable within one year 42/48€73k
Trade debts payable within one year 44€370
Income statement
Gross operating margin 9900€60k
Operating result 9901€30k
Financial income 75€0
Financial charges 65€661
Result before taxes 9903€30k
Income taxes 67/77€6k
Net result for the period 9904€23k
Result to be appropriated 9905€23k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
69 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
LTEC
Waterhoennest(Bis) 38, 8501 KortrijkReparatie en onderhoud van machines
since 20222.339.373.249
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,543 m²
Buildings1
Building footprint98 m²
Volume (LiDAR)422 m³
Tallest building7.7 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34007A0188/00E000 Flanders 1,543 m² 1 · 98 m² 7.7 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health69Profitability100Solvency65Growth78Stability94
81 / 100

Exceptional profile, strong across almost every axis.

Health 69
Profitability 100
Solvency 65
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Reparatie van machines33120Reparatie en onderhoud van machines33120
Primary activity highlighted.
Names & trade names
Legal nameNL LTEC
Registered office
Waterhoennest(Bis) 38
8501 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.