LYTAX
ActiveLYTAX has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.35M and a net result of €54k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 34.83 against 22.94 in 2023; short-term debt: 2.3% and cash: 15.2% of total assets), and 7.7% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.3%
Return on assets
3.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
30 d late
2021
7 d early
2020
33 d early
2019
25 d early
2018
12 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.35M▲ 4.2%
2023 · €1.29M
2018: €743k
2019: €780k
2020: €894k
2021: €1.01M
2023: €1.29M
2018 → 2024
Total assets
€1.46M▲ 5.4%
2023 · €1.39M
2018: €955k
2019: €1.05M
2020: €1.01M
2021: €1.11M
2023: €1.39M
2018 → 2024
Net result
€54k▼ 71.9%
2023 · €192k
2018: €25k
2019: €37k
2020: €114k
2021: €114k
2023: €192k
2018 → 2024
Working capital
€1.16M▲ 8.8%
2023 · €1.07M
2018: €478k
2019: €502k
2020: €606k
2021: €730k
2023: €1.07M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€780k-€894k▲ 14.7%€1.01M▲ 12.8%€1.29M▲ 28.4%€1.35M▲ 4.2%
Operating result€47k-€15k▼ 68.1%€147k▲ 890%€118k▼ 19.5%€65k▼ 44.9%
Net result€37k-€114k▲ 213%€114k▼ 0.2%€192k▲ 68.4%€54k▼ 71.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.46M
Fixed assets
€266k▼ 1.6%
Current assets
€1.19M▲ 7.1%
Equity and liabilities €1.46M
Equity
€1.35M▲ 4.2%
Debt
€113k▲ 23.0%
The debt ratio rises from 6.6% to 7.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▼
2023 · €130k
Cash flow
€58k▼
2023 · €203k
Solvency
92.3%▼
2023 · 93.4%
Current ratio
34.83▲
2023 · 22.94
Quick ratio
34.83▲
2023 · 22.94
Debt / equity
0.08▲
2023 · 0.07
ROE
4.0%▼
2023 · 14.9%
ROA
3.7%▼
2023 · 13.9%
Interest coverage
45.94▼
2023 · 79.34
Debt
€113k▲
2023 · €92k
Debt ≤ 1 year
€34k▼
2023 · €49k
Income taxes
€22k▼
2023 · €35k
Staff costs
€66
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.39M€1.46M▲
Fixed assets21/28€271k€266k▼
Tangible fixed assets22/27€20k€16k▼
Furniture and vehicles24€19k€14k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€251k€251k=
Current assets29/58€1.12M€1.19M▲
Amounts receivable after more than one year29€730k€830k▲
Other amounts receivable291€730k€830k▲
Amounts receivable within one year40/41€155k€141k▼
Trade receivables40€33k€3k▼
Other amounts receivable41€123k€139k▲
Current investments50/53€649€0▼
Cash at bank and in hand54/58€229k€223k▼
Deferred charges and accrued income490/1€533€652▲
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.46M▲
Equity10/15€1.29M€1.35M▲
Contributions10/11€6k€6k=
Reserves13€1.29M€1.34M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€100k€100k=
Distributable reserves133€1.19M€1.24M▲
Amounts payable17/49€92k€113k▲
Amounts payable within one year42/48€49k€34k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€7k€7k=
Credit institutions430/8€7k€7k=
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€34k€3k▼
Taxes450/3€34k€3k▼
Other amounts payable47/48€7k€19k▲
Accrued charges and deferred income492/3€43k€78k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€66
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€4k▼
Other operating charges640/8€6k€1k▼
Gross operating margin9900€135k€71k▼
Operating profit (loss)9901€118k€65k▼
Financial income75/76B€110k€12k▼
Recurring financial income75€110k€12k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€227k€76k▼
Income taxes67/77€35k€22k▼
Profit (loss) for the period9904€192k€54k▼
Profit (loss) for the period to be appropriated9905€192k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€192k€54k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€192k€54k▼
To other reserves6921€192k€54k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €192k ▲68.4%
Net result €192k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 22.94
Current ratio from 8.34 to 22.94; short-term debt falls from €99k to €49k.
2022
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1MEq €1.01M ▲12.8%
4 profitable years in a row build equity to €1.01M.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 6.74
Current ratio from 3.08 to 6.74; short-term debt falls from €242k to €106k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2002
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.
Havenlaan 86C1000 BrusselGround area
1.4 ha
Building footprint
1.1 ha
Volume, LiDAR
231,250 m³
2 parcels, Brussels, Flanders · tallest building 34.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Achtermaal 39, 9320 Aalst
since 20022.097.192.953
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0141/00A002 | Brussels | 1.1 ha | 1 · 1.1 ha | 34.6 m · 7 fl. |
| 41047A0219/00A002 | Flanders | 2,435 m² | 1 · 276 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 3,991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-1999
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.