LTM

Active

Private limited companyfounded 20206 yrs activeOudstrijderslaan 4, 2350 Vosselaar, BelgiumKBO/BCE: BE 0753.800.361

The computed 12-month bankruptcy probability of LTM is 1.8% (moderate). The 2025 annual accounts show equity of €205k and a net result of €294k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 7689 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

86 / 100

Excellent▼ -4 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency66▼-29

Growth58▲+6

Stability100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €18k at 30 days acceptable

Liquidity tight (current ratio 1.33 against 1.89 in 2024), and 62.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

37.5%

Return on assets

53.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

88 d early

2024

97 d early

2023

55 d early

2022

46 d early

2021

31 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€205k▼ 52.3%

2024 · €429k

2021: €207k 2022: €383k 2023: €567k 2024: €429k

2021 → 2025

Total assets

€547k▼ 28.8%

2024 · €768k

2021: €252k 2022: €451k 2023: €696k 2024: €768k

2021 → 2025

Net result

€294k▲ 87.5%

2024 · €157k

2021: €204k 2022: €177k 2023: €237k 2024: €157k

2021 → 2025

Working capital

€113k▼ 62.8%

2024 · €303k

2021: €143k 2022: €321k 2023: €456k 2024: €303k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€207k-€383k▲ 85.5%€567k▲ 47.9%€429k▼ 24.3%€205k▼ 52.3%

Operating result€283k-€245k▼ 13.2%€333k▲ 35.6%€208k▼ 37.4%€387k▲ 85.9%

Net result€204k-€177k▼ 13.4%€237k▲ 34.4%€157k▼ 33.9%€294k▲ 87.5%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 86% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €547k

17.0%

83.0%

Fixed assets €93k▼ 26.6%

Current assets €454k▼ 29.2%

Equity and liabilities €547k

37.5%

62.5%

Equity €205k▼ 52.3%

Debt €342k▲ 0.9%

The debt ratio rises from 44.1% to 62.5%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€428k▲

2024 · €251k

Cash flow

€335k▲

2024 · €200k

Solvency

37.5%▼

2024 · 55.9%

Current ratio

1.33▼

2024 · 1.89

Quick ratio

1.33▼

2024 · 1.89

Debt / equity

1.67▲

2024 · 0.79

ROE

143.5%▲

2024 · 36.6%

ROA

53.8%▲

2024 · 20.4%

Interest coverage

1413.73▼

2024 · 34683.23

Debt

€342k▲

2024 · €339k

Debt ≤ 1 year

€342k▲

2024 · €339k

Income taxes

€101k▲

2024 · €52k

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€768k€547k▼

Fixed assets21/28€127k€93k▼

Tangible fixed assets22/27€127k€93k▼

Plant, machinery and equipment23€15k€14k▼

Furniture and vehicles24€112k€79k▼

Current assets29/58€642k€454k▼

Amounts receivable within one year40/41€63k€70k▲

Trade receivables40€34k€43k▲

Other amounts receivable41€29k€27k▼

Current investments50/53€450k€250k▼

Cash at bank and in hand54/58€116k€128k▲

Deferred charges and accrued income490/1€12k€7k▼

Equity and liabilities

Total equity and liabilities10/49€768k€547k▼

Equity10/15€429k€205k▼

Contributions10/11€3k€3k=

Reserves13€297k€202k▼

Distributable reserves133€297k€202k▼

Profit (loss) carried forward14€129k-

Amounts payable17/49€339k€342k▲

Amounts payable within one year42/48€339k€342k▲

Trade debts44€35k€26k▼

Suppliers440/4€35k€26k▼

Taxes, remuneration and social security45€51k€63k▲

Taxes450/3€51k€63k▲

Other amounts payable47/48€253k€253k▲

Accrued charges and deferred income492/3-€454

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€41k▼

Other operating charges640/8€2k€2k▼

Non-recurring operating charges66A€181-

Gross operating margin9900€254k€431k▲

Operating profit (loss)9901€208k€387k▲

Financial income75/76B€689€8k▲

Recurring financial income75€689€8k▲

Financial charges65/66B€7€303▲

Recurring financial charges65€7€303▲

Profit (loss) for the period before taxes9903€209k€395k▲

Income taxes67/77€52k€101k▲

Profit (loss) for the period9904€157k€294k▲

Profit (loss) for the period to be appropriated9905€157k€294k▲

Appropriation of the result

Profit (loss) to be appropriated9906€424k€423k▼

Profit (loss) brought forward from the previous period14P€267k€129k▼

Transfer from equity791/2-€95k

Profit to be distributed694/7€295k€518k▲

Return on contributions (dividend)694€295k€518k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

04-05

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2021net €294k ▲87.5%

Operating result €387k, net result €294k, both a record.

25-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €157k ▼33.9%

Net result drops to €157k, the lowest in the series; recovery starts the following year.

06-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Equity above €500kEq €567k ▲47.9%

3 profitable years in a row build equity to €567k.

15-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

30-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Vosselaar · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Oudstrijderslaan 42350 Vosselaar

Ground area

795 m²

Building footprint

172 m²

Volume, LiDAR

992 m³

Parcel 13046B0306/00T003, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

LTM

Oudstrijderslaan 4, 2350 VosselaarFloor and wall tiling

since 20202.306.689.001

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13046B0306/00T003	Flanders	795 m²	1 · 172 m²	9.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

Of 3,934 companies in sector 43331 we hold annual accounts for 1,776. 1,406 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-09-2020

Fiscal year end31-12

Activities, NACEBEL

43331Floor and wall tiling

43333Wallpapering and laying of floor and wall coverings in other materials

43332Laying of wooden floor and wall coverings

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.