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LTechnics

Active
Private limited companyfounded 2025active for 1 yearNerenweg 59, 9270 Laarne, BelgiumKBO/BCE: BE 1021.784.637
Summary

The computed 12-month bankruptcy probability of LTechnics is 2.0% (moderate). The 2025 annual accounts show equity of €30,837 and a net result of €28,837. Its solvency ranks better than 61% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Turnover
≈ €200,000
Estimated: probably between €140,000 and €310,000
Total assets
€54,859
Net result
€28,837
Working capital
€6,540

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €54,859
Fixed assets €24,297
Current assets €30,561
Equity and liabilities €54,859
Equity €30,837
Debt €24,021
Debt finances 43.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€42,419
Cash flow
€31,709
Current ratio
1.27
Debt to equity
0.78
ROE
93.5%
ROA
52.6%
Interest coverage
over 100
Debt ≤ 1 year
€24,021
Income taxes
€11,098

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 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 74.5% 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 11,279 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€54,859
Formation expenses20€0
Fixed assets21/28€24,297
Tangible fixed assets22/27€24,297
Land and buildings22€7,793
Plant, machinery and equipment23€1,491
Furniture and vehicles24€15,013
Current assets29/58€30,561
Amounts receivable within one year40/41€26,795
Trade receivables40€22,203
Other amounts receivable41€4,592
Cash at bank and in hand54/58€3,766
Equity and liabilities
Total equity and liabilities10/49€54,859
Equity10/15€30,837
Contributions10/11€2,000
Reserves13€28,818
Distributable reserves133€28,818
Profit (loss) carried forward14€19
Amounts payable17/49€24,021
Amounts payable within one year42/48€24,021
Trade debts44€12,924
Suppliers440/4€12,924
Taxes, remuneration and social security45€11,098
Taxes450/3€11,098
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,872
Other operating charges640/8€1,040
Gross operating margin9900€43,459
Operating profit (loss)9901€39,548
Financial income75/76B€429
Recurring financial income75€429
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€39,935
Income taxes67/77€11,098
Profit (loss) for the period9904€28,837
Profit (loss) for the period to be appropriated9905€28,837
Appropriation of the result
Profit (loss) to be appropriated9906€28,837
Transfer to equity691/2€28,818
To other reserves6921€28,818

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,872
Other operating charges640/8€1,040
Gross operating margin9900€43,459
Operating profit (loss)9901€39,548
Financial income75/76B€429
Recurring financial income75€429
Financial charges65/66B€42
Recurring financial charges65€42
Profit (loss) for the period before taxes9903€39,935
Income taxes67/77€11,098
Profit (loss) for the period9904€28,837
Profit (loss) for the period to be appropriated9905€28,837
Line2025
Assets
Total assets20/58€54,859
Formation expenses20€0
Fixed assets21/28€24,297
Tangible fixed assets22/27€24,297
Land and buildings22€7,793
Plant, machinery and equipment23€1,491
Furniture and vehicles24€15,013
Current assets29/58€30,561
Amounts receivable within one year40/41€26,795
Trade receivables40€22,203
Other amounts receivable41€4,592
Cash at bank and in hand54/58€3,766
Equity and liabilities
Total equity and liabilities10/49€54,859
Equity10/15€30,837
Contributions10/11€2,000
Reserves13€28,818
Distributable reserves133€28,818
Profit (loss) carried forward14€19
Amounts payable17/49€24,021
Amounts payable within one year42/48€24,021
Trade debts44€12,924
Suppliers440/4€12,924
Taxes, remuneration and social security45€11,098
Taxes450/3€11,098
Line2025
Profit (loss) for the period9904€28,837
+ Depreciation and write-downs630€2,872
Operating cash flow (approximation)€31,709

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00261779

Similar companies · same sector, comparable size

Of the 22,641 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,538. 8,181 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.