LTI Construct
Annual accounts 2025
abbreviated format, filed on 28-08-2026, 28 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100. Estimated: probably between €43 and €200.
Balance sheet
balance sheet total €4,500 on 31-12-2025in euro
in euro
Position in the sector
-
Higher than 66% of 1,211 companies in 2024.
-
Higher than 65% of 1,196 companies in 2024.
-
Lower than 95% of 1,208 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
4,500 | 10,892 | 24,773 | 53,712 | 44,439 | 49,368 | 62,494 | 60,064 | 69,746 | 65,084 | 66,178 | 85,910 | 88,808 | 100,636 | 126,366 | 119,466 | 119,242 | 121,000 | 98,977 | 76,646 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 141 | 282 | |
21/28 |
- | - | - | - | - | 475 | 1,275 | 1,175 | 848 | 469 | 791 | 1,009 | 1,725 | 2,945 | 2,333 | 382 | 1,324 | 3,072 | 5,862 | 4,447 | |
22/27 |
- | - | - | - | - | 475 | 1,275 | 1,175 | 848 | 469 | 791 | 1,009 | 1,725 | 2,945 | 2,333 | 382 | 1,324 | 3,072 | 5,671 | 4,115 | |
23 |
- | - | - | - | - | 475 | 1,275 | 1,175 | 774 | 322 | 570 | 715 | 1,725 | 2,945 | 2,333 | 382 | 1,324 | 3,072 | 4,971 | 2,715 | |
24 |
- | - | - | - | - | - | - | - | 74 | 147 | 221 | 294 | - | - | - | - | - | - | 700 | 1,400 | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50 | 50 | |
29/58 |
4,500 | 10,892 | 24,773 | 53,712 | 44,439 | 48,893 | 61,220 | 58,889 | 68,899 | 64,614 | 65,387 | 84,901 | 87,083 | 97,691 | 124,033 | 119,084 | 117,918 | 117,928 | 93,115 | 72,199 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,680 | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,680 | - | - | - | - | - | |
40/41 |
3,015 | 4,594 | 10,551 | 34,197 | 13,001 | 12,614 | 48,817 | 23,445 | 44,782 | 48,734 | 28,126 | 48,739 | 66,203 | 71,641 | 95,841 | 97,019 | 59,712 | 48,720 | 52,074 | 58,447 | |
40 |
2,493 | 2,950 | 9,764 | 33,458 | 12,970 | 12,108 | 47,428 | 22,632 | 44,538 | 48,338 | 27,375 | 48,411 | 66,203 | 71,241 | 95,841 | 97,019 | 56,369 | 48,693 | 47,933 | 58,336 | |
41 |
521 | 1,644 | 787 | 739 | 32 | 506 | 1,390 | 813 | 245 | 396 | 751 | 328 | - | 400 | - | - | 3,343 | 27 | 4,141 | 111 | |
54/58 |
1,485 | 6,298 | 8,075 | 11,357 | 23,280 | 33,548 | 9,962 | 33,387 | 22,185 | 13,919 | 37,261 | 34,749 | 16,295 | 26,050 | 9,512 | 17,536 | 50,191 | 64,229 | 39,975 | 12,993 | |
490/1 |
- | - | 6,147 | 8,158 | 8,158 | 2,731 | 2,440 | 2,057 | 1,931 | 1,962 | - | 1,413 | 4,585 | - | - | 4,529 | 8,015 | 4,979 | 1,066 | 759 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
4,500 | 10,892 | 24,773 | 53,712 | 44,439 | 49,368 | 62,494 | 60,064 | 69,746 | 65,084 | 66,178 | 85,910 | 88,808 | 100,636 | 126,366 | 119,466 | 119,242 | 121,000 | 98,977 | 76,646 | |
10/15 |
1,829 | 6,401 | 12,106 | 20,893 | 12,147 | 21,271 | 25,412 | 31,988 | 39,270 | 36,628 | 41,483 | 60,706 | 55,502 | 71,521 | 70,183 | 80,946 | 78,329 | 90,119 | 62,372 | 41,897 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-6,231 | -1,659 | 4,046 | 12,833 | 4,087 | 13,211 | 17,352 | 23,928 | 31,210 | 28,568 | 33,423 | 52,646 | 47,442 | 63,461 | 62,123 | 72,886 | 70,269 | 82,059 | 54,312 | 33,837 | |
17/49 |
2,670 | 4,490 | 12,667 | 32,819 | 32,292 | 28,096 | 37,083 | 28,075 | 30,476 | 28,455 | 24,695 | 25,204 | 33,306 | 29,115 | 56,183 | 38,520 | 40,913 | 30,881 | 36,605 | 34,749 | |
42/48 |
2,670 | 4,490 | 12,667 | 32,819 | 32,292 | 28,096 | 37,083 | 28,075 | 30,476 | 28,455 | 24,695 | 25,204 | 33,306 | 29,115 | 56,183 | 38,520 | 25,913 | 30,881 | 36,605 | 34,749 | |
44 |
- | 165 | 3,309 | 13,846 | 13,469 | 11,322 | 13,688 | 8,552 | 11,620 | 10,567 | 7,362 | 9,276 | 12,512 | 8,725 | 39,529 | 12,375 | 13,896 | 4,262 | 9,094 | 19,322 | |
440/4 |
- | 165 | 3,309 | 13,846 | 13,469 | 11,322 | 13,688 | 8,552 | 11,620 | 10,567 | 7,362 | 9,276 | 12,512 | 8,725 | 39,529 | 12,375 | 13,896 | 4,262 | 9,094 | 19,322 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | 567 | - | - | - | - | - | - | - | |
45 |
2,670 | 4,325 | 9,358 | 18,916 | 18,766 | 16,717 | 23,369 | 19,498 | 18,843 | 17,889 | 17,333 | 15,882 | 19,882 | 20,045 | 16,308 | 25,800 | 11,605 | 26,619 | 27,511 | 15,427 | |
450/3 |
- | 1,655 | 2,995 | 2,942 | 2,329 | 1,841 | 4,848 | 3,447 | 2,737 | 4,076 | 3,731 | 3,132 | 2,581 | 3,402 | 3,418 | 6,551 | - | 16,906 | 16,577 | 9,886 | |
454/9 |
2,670 | 2,670 | 6,363 | 15,974 | 16,437 | 14,876 | 18,520 | 16,050 | 16,106 | 13,813 | 13,602 | 12,750 | 17,301 | 16,643 | 12,890 | 19,249 | 11,605 | 9,713 | 10,934 | 5,541 | |
47/48 |
- | - | - | 57 | 57 | 57 | 26 | 26 | 14 | - | - | 46 | 345 | 345 | 346 | 345 | 412 | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | - | - | - | |
| Income statement | |||||||||||||||||||||
76A |
2,902 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 60 | - | - | - | - | |
9900 |
15 | 34,797 | 59,779 | 138,572 | 115,646 | 112,112 | 138,209 | 131,738 | 133,541 | 109,679 | 101,330 | 126,955 | 107,027 | 164,378 | 155,423 | 155,868 | 104,214 | 145,704 | 140,391 | 82,172 | |
62 |
- | 39,903 | 66,009 | 129,291 | 124,657 | 115,261 | 143,806 | 136,913 | 130,138 | 113,983 | 118,281 | 120,033 | 120,361 | 161,379 | 164,297 | 149,105 | 113,753 | 101,761 | 105,751 | 42,463 | |
630 |
- | - | - | - | 475 | 800 | 800 | 648 | 497 | 322 | 740 | 1,455 | 2,474 | 2,056 | 1,549 | 942 | 1,748 | 3,119 | 2,352 | 1,784 | |
631/4 |
- | - | - | - | 148 | - | - | - | - | - | 605 | - | - | - | - | - | - | 1,800 | - | - | |
640/8 |
162 | 162 | - | 162 | 162 | 120 | 129 | 131 | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 238 | 119 | 119 | 136 | - | |
66A |
4,304 | 346 | 2,453 | 0 | - | - | - | 1,248 | - | - | 660 | - | - | - | 25 | 3,000 | - | 447 | - | - | |
9901 |
-4,451 | -5,613 | -8,683 | 9,119 | -9,796 | -4,069 | -6,526 | -7,200 | 2,786 | -4,746 | -18,416 | 5,347 | -15,928 | 823 | -10,543 | 5,583 | -11,406 | 38,905 | 32,152 | 37,925 | |
75/76B |
3 | 18 | 0 | - | 2 | 1 | - | 11 | 1 | 1 | 167 | 28 | 23 | 685 | 21 | 162 | 83 | 55 | 19 | 10 | |
75 |
3 | 18 | 0 | - | 2 | 1 | - | 11 | 1 | 1 | 167 | 28 | 23 | 685 | 21 | 162 | 83 | 55 | 19 | 10 | |
65/66B |
129 | 104 | 104 | 104 | 161 | 72 | 54 | 90 | 145 | 119 | 312 | 169 | 112 | 194 | 213 | 176 | 229 | 126 | 164 | 54 | |
65 |
129 | 104 | 104 | 104 | 161 | 72 | 54 | 90 | 145 | 119 | 312 | 169 | 112 | 194 | 213 | 176 | 229 | 126 | 164 | 54 | |
9903 |
-4,577 | -5,699 | -8,787 | 9,016 | -9,956 | -4,140 | -6,580 | -7,279 | 2,642 | -4,864 | -19,221 | 5,206 | -16,017 | 1,314 | -10,760 | 2,629 | -11,552 | 38,387 | 32,007 | 37,881 | |
67/77 |
-5 | 5 | 0 | 270 | 1 | - | -3 | 3 | 0 | -9 | 2 | 2 | 2 | -24 | 3 | 12 | 238 | 10,640 | 11,532 | 13,590 | |
9904 |
-4,572 | -5,705 | -8,787 | 8,746 | -9,956 | -4,140 | -6,577 | -7,282 | 2,642 | -4,855 | -19,223 | 5,204 | -16,019 | 1,338 | -10,763 | 2,617 | -11,790 | 27,747 | 20,475 | 24,291 | |
9905 |
-4,572 | -5,705 | -8,787 | 8,746 | -9,956 | -4,140 | -6,577 | -7,282 | 2,642 | -4,855 | -19,223 | 5,204 | -16,019 | 1,338 | -10,763 | 2,617 | -11,790 | 27,747 | 20,475 | 24,291 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-6,231 | -1,659 | 4,046 | 12,833 | 4,087 | 13,211 | 17,352 | 23,928 | 31,210 | 28,568 | 33,423 | 52,646 | 47,442 | 63,461 | 62,123 | 72,886 | 70,269 | 82,059 | 54,312 | 33,837 | |
14P |
-1,659 | 4,046 | 12,833 | 4,087 | 14,043 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | 2 | 2.8 | 3 | 3 | 3.1 | 3.4 | 3.1 | 3.2 | 3 | 3 | 3 | 3 | 3.7 | 4.1 | 3.3 | 2.5 | 2.5 | 2.9 | 1.1 | |
Hours worked1013 |
- | 1,724 | 2,457 | 4,404 | 4,816 | 4,775 | 5,904 | 5,256 | 5,442 | 4,739 | 4,846 | 5,000 | 4,640 | 6,465 | 6,582 | 5,358 | 4,196 | 4,203 | 4,262 | 1,944 | |
| Document | |||||||||||||||||||||
The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453610.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00453610 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00273633 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00403115 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00387594 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20348560 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65800267 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47600303 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-62900494 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60300304 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56700403 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-48400594 | |
| 31-12-2014 | full format | 21-08-2015 | 2015-45800080 | |
| 31-12-2013 | full format | 21-08-2014 | 2014-45300508 | |
| 31-12-2012 | full format | 27-08-2013 | 2013-52700296 | |
| 31-12-2011 | full format | 01-08-2012 | 2012-38700071 | |
| 31-12-2010 | full format | 18-08-2011 | 2011-41500363 | |
| 31-12-2009 | full format | 23-06-2010 | 2010-21900298 | |
| 31-12-2008 | full format | 27-07-2009 | 2009-48100282 | |
| 31-12-2007 | full format | 05-08-2008 | 2008-54000314 | |
| 31-12-2006 | full format | 09-08-2007 | 2007-55300207 | |
| 31-12-2005 | full format | 17-08-2006 | 2006-64003739 | |
| 31-12-2004 | full format | 16-09-2005 | 2005-68500201 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | -9,321 | -3,269 | -5,726 | -6,553 | 3,283 | -4,424 | -17,676 | 6,802 | -13,454 | 2,879 | -8,994 | 6,525 | -9,658 | 42,024 | 34,504 | 39,709 | ||
| - | - | - | - | -9,481 | -3,340 | -5,777 | -6,634 | 3,139 | -4,533 | -18,483 | 6,659 | -13,545 | 3,394 | -9,214 | 3,559 | -10,042 | 30,866 | 22,827 | 26,075 | ||
| - | - | - | - | 0 | 0 | 900 | 974 | 875 | 0 | 522 | 739 | 1,254 | 2,668 | 3,500 | 0 | 0 | 812 | 3,768 | 3,659 | ||
| -4,813 | -1,777 | -3,282 | -11,923 | -10,268 | 23,586 | -23,424 | 11,202 | 8,266 | -23,342 | 2,512 | 18,454 | -9,755 | 16,538 | -8,024 | -32,655 | -14,038 | 24,254 | 26,982 | - | ||
| 1,829 | 6,401 | 12,106 | 20,893 | 12,147 | 20,796 | 24,137 | 30,814 | 38,422 | 36,159 | 40,692 | 59,697 | 53,777 | 68,576 | 67,850 | 80,564 | 92,005 | 87,047 | 56,510 | 37,450 | ||
| - | 58.8% | 48.9% | 38.9% | 27.3% | 43.1% | 40.7% | 53.3% | 56.3% | 56.3% | 62.7% | 70.7% | 62.5% | 71.1% | 55.5% | 67.8% | 65.7% | 74.5% | 63.0% | 54.7% | ||
| - | 2.43 | 1.96 | 1.64 | 1.38 | 1.74 | 1.65 | 2.10 | 2.26 | 2.27 | 2.65 | 3.37 | 2.61 | 3.36 | 2.21 | 3.09 | 4.55 | 3.82 | 2.54 | 2.08 | ||
| - | 2.43 | 1.96 | 1.64 | 1.38 | 1.74 | 1.65 | 2.10 | 2.26 | 2.27 | 2.65 | 3.37 | 2.61 | 3.36 | 1.88 | 3.09 | 4.55 | 3.82 | 2.54 | 2.08 | ||
| - | 0.70 | 1.05 | 1.57 | 2.66 | 1.32 | 1.46 | 0.88 | 0.78 | 0.78 | 0.60 | 0.42 | 0.60 | 0.41 | 0.80 | 0.48 | 0.52 | 0.34 | 0.59 | 0.83 | ||
| - | -89.1% | -72.6% | 41.9% | -82.0% | -19.5% | -25.9% | -22.8% | 6.7% | -13.3% | -46.3% | 8.6% | -28.9% | 1.9% | -15.3% | 3.2% | -15.1% | 30.8% | 32.8% | 58.0% | ||
| - | -52.4% | -35.5% | 16.3% | -22.4% | -8.4% | -10.5% | -12.1% | 3.8% | -7.5% | -29.0% | 6.1% | -18.0% | 1.3% | -8.5% | 2.2% | -9.9% | 22.9% | 20.7% | 31.7% | ||
| - | - | - | - | -57.76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The ratios are withheld because a balance sheet total of €4,500 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 3 | 3 |
| full-time | 2 | 2 | 3 | 3 |
| in full-time equivalents | 2 | 2 | 3 | 3 |
| 2 | 2.8 | 3 | 3 | |
| On a permanent contract | 2 | 2 | 3 | 3 |
| Joined | - | 0 | - | - |
| Left | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Insights on LTI Construct
The operating result for 2025 is a loss of €4,451, smaller than the loss of €5,613 in 2024.
Debt's share of the balance-sheet total rises from 41.2% to 59.3%. Equity and debt are lower.