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LTN-CONSULT

Active
Private limited companyfounded 20251 yr activeRue de la Pêcherie 8, 4570 Marchin, BelgiumKBO/BCE: BE 1018.539.392
Summary

LTN-CONSULT has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,531 and a net result of €70,531. Its solvency ranks better than 62% of 11607 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€73,531
Total assets
€111,856
Net result
€70,531
Working capital
€60,066

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

Balance-sheet composition
Assets €111,856
Fixed assets €13,465
Current assets €98,391
Equity and liabilities €111,856
Equity €73,531
Debt €38,325
Debt finances 34.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€100,753
Cash flow
€71,710
Current ratio
2.57
Debt to equity
0.52
ROE
95.9%
ROA
63.1%
Interest coverage
87.01
Debt ≤ 1 year
€38,325
Income taxes
€27,891

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% 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
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 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% 1.0%
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% 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 11,280 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€111,856
Fixed assets21/28€13,465
Tangible fixed assets22/27€12,965
Furniture and vehicles24€12,965
Financial fixed assets28€500
Current assets29/58€98,391
Amounts receivable within one year40/41€17,161
Trade receivables40€17,161
Cash at bank and in hand54/58€80,610
Deferred charges and accrued income490/1€620
Equity and liabilities
Total equity and liabilities10/49€111,856
Equity10/15€73,531
Contributions10/11€3,000
Reserves13€70,531
Distributable reserves133€70,531
Amounts payable17/49€38,325
Amounts payable within one year42/48€38,325
Trade debts44€490
Suppliers440/4€490
Taxes, remuneration and social security45€37,253
Taxes450/3€37,253
Other amounts payable47/48€582
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,179
Other operating charges640/8€10,484
Gross operating margin9900€111,237
Operating profit (loss)9901€99,574
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,158
Recurring financial charges65€1,158
Profit (loss) for the period before taxes9903€98,422
Income taxes67/77€27,891
Profit (loss) for the period9904€70,531
Profit (loss) for the period to be appropriated9905€70,531
Appropriation of the result
Profit (loss) to be appropriated9906€70,531
Transfer to equity691/2€70,531
To other reserves6921€70,531

The notes to these accounts (7 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€1,179
Other operating charges640/8€10,484
Gross operating margin9900€111,237
Operating profit (loss)9901€99,574
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,158
Recurring financial charges65€1,158
Profit (loss) for the period before taxes9903€98,422
Income taxes67/77€27,891
Profit (loss) for the period9904€70,531
Profit (loss) for the period to be appropriated9905€70,531
Line2025
Assets
Total assets20/58€111,856
Fixed assets21/28€13,465
Tangible fixed assets22/27€12,965
Furniture and vehicles24€12,965
Financial fixed assets28€500
Current assets29/58€98,391
Amounts receivable within one year40/41€17,161
Trade receivables40€17,161
Cash at bank and in hand54/58€80,610
Deferred charges and accrued income490/1€620
Equity and liabilities
Total equity and liabilities10/49€111,856
Equity10/15€73,531
Contributions10/11€3,000
Reserves13€70,531
Distributable reserves133€70,531
Amounts payable17/49€38,325
Amounts payable within one year42/48€38,325
Trade debts44€490
Suppliers440/4€490
Taxes, remuneration and social security45€37,253
Taxes450/3€37,253
Other amounts payable47/48€582
Line2025
Profit (loss) for the period9904€70,531
+ Depreciation and write-downs630€1,179
Operating cash flow (approximation)€71,710

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

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