LTTBCut
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
LTTBCut has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,566 and a net result of €150,057. Its solvency ranks better than 27% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 18-08-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Talstrasse 70, 4701 Eupen
- Activity
- Business and other management consultancy NACE 70200and 4 others
- Establishment unit
- 2.349.596.653 4701 Eupen, since 18-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Board and ownership
- BRÜLS TobiasDirector
- THISSEN LucaDirector
- Auditor
- HLB NICOLET & C° SRL
- Holdings
- Shares in 2 companies LTTB Invest and ATELIERS ROLAND PESCH
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €257,132
- ▲ 454%
- Turnover
- ≈ €380,000
- estimated
- Profit
- €150,057
- ▲ 868%
- Equity
- €205,566
- ▲ 270%
- Total assets
- €818,146
- ▲ 240%
Score breakdownraises riskFounded in 2023lowers riskSize: total assets €818,146Sector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 17-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 27% of them on solvency, 25% on liquidity, 61% on profitability and 96% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 17-07-2026
- Format
- abbreviated format
- Reference
- 2026-00313154
2024 to 2025, 2 financial years
The operating result for 2025 is 6 times that of 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
- 2025 Net result +868% on 2024. The accounts now follow the abbreviated format, last year the full format.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,001 | €11,383 | ▲ 11× |
| Other operating charges640/8 | €4,742 | €2,318 | ▼ 51.1% |
| Gross operating margin9900 | €46,399 | €257,132 | ▲ 454% |
| Operating profit (loss)9901 | €40,656 | €243,431 | ▲ 499% |
| Financial income75/76B | €48 | €1,167 | ▲ 24× |
| Recurring financial income75 | €48 | €1,167 | ▲ 24× |
| Financial charges65/66B | €15,406 | €16,590 | ▲ 7.7% |
| Recurring financial charges65 | €15,406 | €16,590 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | €25,298 | €228,008 | ▲ 801% |
| Income taxes67/77 | €9,789 | €77,950 | ▲ 696% |
| Profit (loss) for the period9904 | €15,509 | €150,057 | ▲ 868% |
| Profit (loss) for the period to be appropriated9905 | €15,509 | €150,057 | ▲ 868% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €240,413 | €818,146 | ▲ 240% |
| Formation expenses20 | €1,866 | €1,354 | ▼ 27.4% |
| Fixed assets21/28 | €180,689 | €579,655 | ▲ 221% |
| Tangible fixed assets22/27 | €689 | €121,286 | ▲ 176× |
| Furniture and vehicles24 | €689 | €121,286 | ▲ 176× |
| Financial fixed assets28 | €180,000 | €458,369 | ▲ 155% |
| Current assets29/58 | €57,859 | €237,137 | ▲ 310% |
| Amounts receivable within one year40/41 | €53,479 | €189,637 | ▲ 255% |
| Trade receivables40 | €35,340 | €189,169 | ▲ 435% |
| Other amounts receivable41 | €18,139 | €468 | ▼ 97.4% |
| Cash at bank and in hand54/58 | €824 | €38,352 | ▲ 47× |
| Deferred charges and accrued income490/1 | €3,556 | €9,148 | ▲ 157% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €240,413 | €818,146 | ▲ 240% |
| Equity10/15 | €55,509 | €205,566 | ▲ 270% |
| Contributions10/11 | €40,000 | €40,000 | = |
| Reserves13 | €15,000 | €165,000 | ▲ 11× |
| Distributable reserves133 | €15,000 | €165,000 | ▲ 11× |
| Profit (loss) carried forward14 | €509 | €566 | ▲ 11.2% |
| Amounts payable17/49 | €184,904 | €612,580 | ▲ 231% |
| Amounts payable after more than one year17 | €119,696 | €396,508 | ▲ 231% |
| Financial debts170/4 | €119,696 | €396,508 | ▲ 231% |
| Amounts payable within one year42/48 | €64,875 | €215,750 | ▲ 233% |
| Current portion of amounts payable after more than one year42 | €21,698 | €77,984 | ▲ 259% |
| Trade debts44 | €3,621 | €8,325 | ▲ 130% |
| Suppliers440/4 | €3,621 | €8,325 | ▲ 130% |
| Taxes, remuneration and social security45 | €32,677 | €128,483 | ▲ 293% |
| Taxes450/3 | €32,677 | €128,483 | ▲ 293% |
| Other amounts payable47/48 | €6,879 | €958 | ▼ 86.1% |
| Accrued charges and deferred income492/3 | €333 | €321 | ▼ 3.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,509 | €150,057 | ▲ 868% |
| + Depreciation and write-downs630 | €1,001 | €11,383 | ▲ 11× |
| Operating cash flow (approximation) | €16,511 | €161,440 | ▲ 878% |
| Investment in fixed assets (approximation) | - | -€410,350 | - |
| Change in cash | - | €37,528 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Comparable companies
These companies have the same main activity as LTTBCut: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €784,000 and €905,000, founded between 2022 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| LTTBCut Eupen | 2023 | €818,146 | €205,566 | €257,132 | €150,057 | - | 2025 |
| BANAM Welkenraedt | 2022 | €790,255 | €770,078 | €228,880 | €192,988 | - | 2025 |
| SIBLINGS COMPANY Lasne | 2023 | €819,824 | €378,649 | €241,884 | €162,014 | - | 2025 |
| GSLJ Consult Edegem | 2023 | €826,019 | €215,741 | €247,076 | €154,641 | 0 | 2025 |
| RV Construct Kontich | 2023 | €905,377 | €299,974 | €261,832 | €194,658 | - | 2025 |
| Marine Project Bureau Schilde | 2024 | €784,391 | €289,085 | €266,795 | €206,592 | - | 2025 |
| TBR Consulting Sint-Gillis (bij-Brussel) | 2023 | €808,188 | €526,830 | €301,145 | €200,197 | - | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Statutory auditor 1
Mandate history
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BRÜLS Tobias |
|
| THISSEN Luca |
|
| HLB NICOLET & C° SRL |
|
The board according to the articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- One provision in the deed
Articles of association, deed of 22-08-2023 (in German)
Owners and capital
Capital transactions
- THISSEN Luca 50 shares (50%)
- BRÜLS Tobias 50 shares (50%)
- 13-10-2026 Capital stated in the deed · 100 shares
- 22-08-2023 Incorporation · 100 shares
Shares according to the articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- 2 provisions in the deeddeed of 22-08-2023 (in German)
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- Accounting effect: “01-07-2026”1 more provision in the deed, see the deed of 13-10-2026deed of 13-10-2026 (in German)
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
-
30%
- Equity €261,272Result €53,15110%
Connections & network
2 current directorsThe network starts from the directors of LTTBCut. Every other company they run is a node.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
13-10
Gazette deed
RestructuringAppointment: HLB Nicolet & C° SRL (wirtschafsprüfergesellschaft) · Incorporation · Capital25 points ▸
- Incorporation, 18-08-2023
- Capital
- Incorporation, “immediately after decision of demerger, Artikel 12:85 GesVerGB” (deed in German)
- Capital contribution
- Other provision, “Die derzeitige Beteiligungsstruktur ist langfristig nicht mehr geeignet, die unterschiedlichen Interessen und Zielsetzungen der beiden Aktionäre angemessen abzu…” (deed in German)
- Transfer of a branch of activity or universality, “branch of activity”, 30-06-2026 (deed in German)
- Auditor appointment, HLB Nicolet & C° SRL (wirtschafsprüfergesellschaft)
- Other provision, “exemption from special report, consent of all shareholders” (deed in German)
- Net-asset statement, 01-07-2026
- LTHISSEN Holding GmbH holds 180 shares
- LTHISSEN Holding GmbH holds 400 shares
- Demerger, “partial demerger, founding new company” (deed in German)
- The act holds 13 more points.
22-08
Gazette deed
IncorporationAppointments: THISSEN Luca (nicht statutarischer verwalter) and BRÜLS Tobias (nicht statutarischer verwalter) · Founder · Founding capital6 points ▸
- Incorporation, 18-08-2023
- Founder, THISSEN Luca
- Founder, BRÜLS Tobias
- Founding capital
- Director appointment, THISSEN Luca (nicht statutarischer verwalter)
- Director appointment, BRÜLS Tobias (nicht statutarischer verwalter)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20258 activities
- Die Ausführung von. Dienstleistungen aller Art, insbesondere für die Unterstützung, Beratung, Planung Werbung für andere Firmen;
- Die Verwaltung im weitesten Sinne des Wortes, die Verbesserung und Aufwertung, den An- und Verkauf von Produkten;
- Den Ankauf, Verkauf, die Vermietung und den Unterhalt von Maschinen, Apparaten, industriellem Bedarf sowie sämtlichen Gütern, die direkt oder indirekt mit dem Gesellschaftsziel in Verbindung stehen;
- Das Errichten von Immobilien auf eigene Rechnung und das Vermieten von Immobilien.
- Die Gesellschaft kann darüber hinaus alle kommerziellen.und finanziellen Transaktionen durchführen, die der Verwirklichung ihres Zwecks direkt oder indirekt förderlich sein können.
- Die Gesellschaft kann im In- und Ausland Zweig-Niederlassungen errichten, sich an anderen Unternehmungen beteiligen, solche erwerben oder erworbene Unternehmungen verkaufen: Sie kann Liegenschaften und Wertschriften erwerben, verwalten und verkaufen sofern dafür die notwendigen Bewilligungen vorliegen.
- Die Gesellschaft kann Darlehen aufnehmen und gewähren, Garantien und andere Sicherheiten stellen, immaterielle Güterrechte erwerben, verwalten und verwerten.
- Die Gesellschaft kann sich durch Einlage, Fusion, Zeichnung, Beteiligung, finanzielle Intervention oder sonst wie an Unternehmen beteiligen, die in Belgien oder im Ausland bereits bestehen oder noch gegründet werden müssen, wenn diese Unternehmen denselben oder einen ähnlichen Gegenstand wie die Gesellschaft hat.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.895.211
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
This address was not found in the Belgian address register (BOSA BEST).
Talstrasse 704701 Eupen