LTK.BE
ActiveSummary
The computed 12-month bankruptcy probability of LTK.BE is 6.9% (elevated). The 2024 annual accounts show equity of €20k and a net result of €-1k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 727 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-29
Solvency65▼-3
Growth52=
Track record94
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.7 against 2.07 in 2023; short-term debt: 45.5% of total assets), but 59.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.4%
Return on assets
-2.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
2 d early
2022
31 d early
2021
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€20k▼ 6.5%
2023 · €22k
2021: €10klowest in 4 years
2022: €21k▲ +110% vs 2021
2023: €22k▲ +5.9% vs 2022highest in 4 years
2024: €20k▼ -6.5% vs 2023
2021 → 2024
Total assets
€50k▲ 0.6%
2023 · €50k
2021: €22klowest in 4 years
2022: €36k▲ +64.8% vs 2021
2023: €50k▲ +38.6% vs 2022
2024: €50k▲ +0.6% vs 2023highest in 4 years
2021 → 2024
Net result
€-1k
2023 · €1k
2021: €9k
2022: €11k▲ +22.3% vs 2021highest in 4 years
2023: €1k▼ -88.7% vs 2022
2024: €-1k▼ -217% vs 2023lowest in 4 years
2021 → 2024
Working capital
€16k▼ 7.4%
2023 · €17k
2021: €5klowest in 4 years
2022: €18k▲ +237% vs 2021highest in 4 years
2023: €17k▼ -4.5% vs 2022
2024: €16k▼ -7.4% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€21k▲ 110%€22k▲ 5.9%€20k▼ 6.5%
2021: €10klowest in 4 years
2022: €21k▲ +110% vs 2021
2023: €22k▲ +5.9% vs 2022highest in 4 years
2024: €20k▼ -6.5% vs 2023
Operating result€12k-€15k▲ 24.7%€3k▼ 78.7%€251▼ 91.9%
2021: €12k
2022: €15k▲ +24.7% vs 2021highest in 4 years
2023: €3k▼ -78.7% vs 2022
2024: €251▼ -91.9% vs 2023lowest in 4 years
Net result€9k-€11k▲ 22.3%€1k▼ 88.7%€-1k
2021: €9k
2022: €11k▲ +22.3% vs 2021highest in 4 years
2023: €1k▼ -88.7% vs 2022
2024: €-1k▼ -217% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 92% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€12k ▼ 31.5%
Current assets
€39k ▲ 16.8%
Equity and liabilities €50k
Equity
€20k ▼ 6.5%
Debt
€30k ▲ 6.0%
Debt's share of the balance-sheet total rises from 56.6% to 59.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▼
2023 · €7k
Cash flow
€4k▼
2023 · €6k
Current ratio
1.70▼
2023 · 2.07
Debt to equity
1.48▲
2023 · 1.30
ROE
-6.9%▼
2023 · 5.6%
ROA
-2.8%▼
2023 · 2.4%
Interest coverage
3.36▼
2023 · 6.28
Debt ≤ 1 year
€23k▲
2023 · €16k
Debt > 1 year
€7k▼
2023 · €12k
Income taxes
€13▼
2023 · €772
Staff costs
€19k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€50k€50k▲
Fixed assets21/28€17k€12k▼
Tangible fixed assets22/27€17k€12k▼
Leasing and similar rights25€17k€12k▼
Current assets29/58€33k€39k▲
Amounts receivable within one year40/41€31k€37k▲
Trade receivables40€25k€32k▲
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€50k€50k▲
Equity10/15€22k€20k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€21k€19k▼
Amounts payable17/49€28k€30k▲
Amounts payable after more than one year17€12k€7k▼
Financial debts170/4€12k€7k▼
Amounts payable within one year42/48€16k€23k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€13€7k▲
Suppliers440/4€13€7k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€5k€4k▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€19k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€106▼
Non-recurring operating charges66A€447€252▼
Gross operating margin9900€28k€25k▼
Operating profit (loss)9901€3k€251▼
Financial income75/76B€66-
Recurring financial income75€66-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€2k€-1k▼
Income taxes67/77€772€13▼
Profit (loss) for the period9904€1k€-1k▼
Profit (loss) for the period to be appropriated9905€1k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€19k▼
Profit (loss) brought forward from the previous period14P€20k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €16k | €17k | €19k | €19k | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €4k | €5k | ▲ 21.3% |
| Other operating charges640/8 | €106 | €184 | €2k | €106 | ▼ 93.0% |
| Non-recurring operating charges66A | €62 | €416 | €447 | €252 | ▼ 43.6% |
| Gross operating margin9900 | €29k | €34k | €28k | €25k | ▼ 11.3% |
| Operating profit (loss)9901 | €12k | €15k | €3k | €251 | ▼ 91.9% |
| Financial income75/76B | - | - | €66 | - | - |
| Recurring financial income75 | - | - | €66 | - | - |
| Financial charges65/66B | €138 | €272 | €1k | €2k | ▲ 38.8% |
| Recurring financial charges65 | €138 | €272 | €1k | €2k | ▲ 38.8% |
| Profit (loss) for the period before taxes9903 | €12k | €14k | €2k | €-1k | ▼ 171% |
| Income taxes67/77 | €3k | €4k | €772 | €13 | ▼ 98.4% |
| Profit (loss) for the period9904 | €9k | €11k | €1k | €-1k | ▼ 217% |
| Profit (loss) for the period to be appropriated9905 | €9k | €11k | €1k | €-1k | ▼ 217% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €22k | €36k | €50k | €50k | ▲ 0.6% |
| Fixed assets21/28 | €4k | €2k | €17k | €12k | ▼ 31.5% |
| Tangible fixed assets22/27 | €4k | €2k | €17k | €12k | ▼ 31.5% |
| Furniture and vehicles24 | €4k | €2k | - | - | - |
| Leasing and similar rights25 | - | - | €17k | €12k | ▼ 31.5% |
| Current assets29/58 | €18k | €34k | €33k | €39k | ▲ 16.8% |
| Amounts receivable within one year40/41 | €9k | €26k | €31k | €37k | ▲ 22.0% |
| Trade receivables40 | €9k | €25k | €25k | €32k | ▲ 27.3% |
| Other amounts receivable41 | - | €400 | €5k | €5k | ▼ 3.7% |
| Cash at bank and in hand54/58 | €8k | €7k | €1k | - | - |
| Deferred charges and accrued income490/1 | €541 | €739 | €1k | €2k | ▲ 6.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €22k | €36k | €50k | €50k | ▲ 0.6% |
| Equity10/15 | €10k | €21k | €22k | €20k | ▼ 6.5% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €9k | €20k | €21k | €19k | ▼ 6.8% |
| Amounts payable17/49 | €12k | €16k | €28k | €30k | ▲ 6.0% |
| Amounts payable after more than one year17 | - | - | €12k | €7k | ▼ 41.9% |
| Financial debts170/4 | - | - | €12k | €7k | ▼ 41.9% |
| Amounts payable within one year42/48 | €12k | €16k | €16k | €23k | ▲ 42.7% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | €5k | ▲ 4.4% |
| Financial debts43 | - | - | - | €2k | - |
| Credit institutions430/8 | - | - | - | €2k | - |
| Trade debts44 | €5k | €6k | €13 | €7k | ▲ 51,605% |
| Suppliers440/4 | €5k | €6k | €13 | €7k | ▲ 51,605% |
| Taxes, remuneration and social security45 | €7k | €9k | €8k | €9k | ▲ 5.0% |
| Taxes450/3 | €5k | €7k | €5k | €4k | ▼ 26.2% |
| Remuneration and social security454/9 | €2k | €3k | €3k | €5k | ▲ 57.1% |
| Other amounts payable47/48 | - | - | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €11k | €1k | €-1k | ▼ 217% |
| + Depreciation and write-downs630 | €1k | €2k | €4k | €5k | ▲ 21.3% |
| Operating cash flow (approximation) | €10k | €13k | €6k | €4k | ▼ 30.4% |
| Investment in fixed assets (approximation) | - | €0 | €-19k | €0 | ▲ 100% |
| Change in cash | - | €-1k | €-6k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €11k ▲22.3%
Operating result €15k, net result €11k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Jalhay · 1 establishment unit since 2021
Ground area
1,521 m²
Building footprint
166 m²
Volume, LiDAR
1,422 m³
Parcel 63068C0813/00S000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LTK.BE
since 20212.312.942.432
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068C0813/00S000 | Wallonia | 1,521 m² | 1 · 165 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CALL - CLEAN
BE 0463.617.042
Brussel · Eq €20,349
Transdeligence & CO
BE 0729.570.949
Anderlecht · Eq €20,338
Micho Logistiek
BE 1010.963.395
Temse · Eq €20,338
H&G SHARE
BE 0759.915.717
Zottegem · Eq €20,272
DIYASS EXPRESS
BE 0797.763.236
Brussel · Eq €20,242
Of 4,906 companies in sector 53200 we hold annual accounts for 1,322. 1,053 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
Scores and ratios are computed by Checked and are not a credit decision.