LTH LIMITED
ActiveThe computed 12-month bankruptcy probability of LTH LIMITED is 1.8% (moderate). The 2025 annual accounts show equity of €11k and a net result of €4k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 4147 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+40
Solvency86▲+35
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.57 against 1.35 in 2024; short-term debt: 38.9% and cash: 69.5% of total assets), and 38.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
130 d early
2023
43 d early
2022
41 d early
2021
66 d early
2020
46 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▲ 247%
2024 · €1k
2019: €-80k
2020: €83k
2021: €14k
2022: €692
2023: €944
2024: €1k
2019 → 2025
Working capital
€11k▲ 46.9%
2024 · €8k
2019: €-25k
2020: €58k
2021: €22k
2022: €23k
2023: €24k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€23k▲ 3.1%€24k▲ 4.2%€8k▼ 67.5%€11k▲ 46.9%
Operating result€19k-€818▼ 95.7%€1k▲ 63.8%€2k▲ 12.0%€5k▲ 229%
Net result€14k-€692▼ 95.2%€944▲ 36.5%€1k▲ 9.6%€4k▲ 247%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 229% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €18k
Equity
€11k▲ 46.9%
Debt
€7k▼ 67.1%
The debt ratio falls from 74.0% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
61.1%▲
2024 · 26.0%
Current ratio
2.57▲
2024 · 1.35
Quick ratio
2.57▲
2024 · 1.35
Debt / equity
0.64▼
2024 · 2.84
ROE
31.9%▲
2024 · 13.5%
ROA
19.5%▲
2024 · 3.5%
Debt
€7k▼
2024 · €22k
Debt ≤ 1 year
€7k▼
2024 · €22k
Income taxes
€1k▲
2024 · €345
Staff costs
€29k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€29k€18k▼
Current assets29/58€29k€18k▼
Amounts receivable within one year40/41€14k€6k▼
Trade receivables40€11k€5k▼
Other amounts receivable41€3k€802▼
Cash at bank and in hand54/58€16k€13k▼
Equity and liabilities
Total equity and liabilities10/49€29k€18k▼
Equity10/15€8k€11k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€6k▲
Amounts payable17/49€22k€7k▼
Amounts payable within one year42/48€22k€7k▼
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€17k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€28k€29k▲
Other operating charges640/8€405€387▼
Gross operating margin9900€30k€35k▲
Operating profit (loss)9901€2k€5k▲
Financial charges65/66B€120€140▲
Recurring financial charges65€120€140▲
Profit (loss) for the period before taxes9903€1k€5k▲
Income taxes67/77€345€1k▲
Profit (loss) for the period9904€1k€4k▲
Profit (loss) for the period to be appropriated9905€1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€6k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
Social balance
Average headcount (FTE)90870.70.8▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Liquidity times 6current ratio 8.82
Current ratio from 1.43 to 8.82; short-term debt falls from €51k to €3k.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
30-06
Financial
Liquidity times 12current ratio 3.36
Current ratio from 0.28 to 3.36; short-term debt falls from €34k to €25k.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 2 establishment units since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jaargetijdenlaan 901050 ElseneGround area
1,957 m²
Building footprint
1,060 m²
Volume, LiDAR
9,172 m³
3 parcels, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Victor Greysonstraat 5, 1050 Elsene
since 20112.201.752.124
Emile de Becolaan 47, 1050 Elsene
since 20162.256.025.802
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0275/00N007 | Brussels | 1,700 m² | 1 · 855 m² | 11.4 m · 2 fl. |
| 21443C0187/00W016 | Brussels | 133 m² | 1 · 74 m² | 16.8 m · 5 fl. |
| 21443C0241/00B003 | Brussels | 124 m² | 1 · 131 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 1,393 companies in sector 47784 we hold annual accounts for 427. 240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2011
Fiscal year end30-06
Activities, NACEBEL
47784Retail sale of souvenirs and religious articles
47786Retail trade
70200Business and other management consultancy
70220Business consulting
46190Agents in non-specialised wholesale trade
46498Wholesale trade
47722Retail trade
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.