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LYTEC

Active
Private limited companyfounded 2021active for 5 yearsLijsterstraat 3, 2580 Putte, BelgiumKBO/BCE: BE 0762.996.060
Summary

The computed 12-month bankruptcy probability of LYTEC is 5.1% (elevated). The 2024 annual accounts show negative equity (-€2,712) and a net result of €29,148. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 2,407 sector peers (NACE 25, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 05-02-2021 Normal situation
Activity
Machining of metals NACE 25530
Establishment unit
2.315.793.836 2580 Putte, since 15-03-2021
Financial year end
31 December
Peppol
Reachable

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.1%
Annual accounts 2024
Turnover
€161,148
▲ 25.2%
Profit
€29,148
Equity
-€2,712
▲ 91.5%
Total assets
€52,763
▲ 35.0%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 08-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts lateFounded in 2021Negative equity -€2,712Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 49% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2023
Average
Solvency 20+20
equity -5.1% of total assets
Liquidity 17+17
short-term debt 105.1% · cash 13.8%
Profitability 100+100
return on assets 55.2%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 5.6% 01-2025: 5.7%▲ +0.1 percentage points vs 12-2024 02-2025: 5.6%▼ -0.1 percentage points vs 01-2025 03-2025: 5.5%▼ -0.1 percentage points vs 02-2025 04-2025: 5.6%▲ +0.1 percentage points vs 03-2025 05-2025: 5.7%▲ +0.1 percentage points vs 04-2025 06-2025: 5.7%● unchanged vs 05-2025 07-2025: 5.8%▲ +0.1 percentage points vs 06-2025 08-2025: 6.3%▲ +0.5 percentage points vs 07-2025 09-2025: 6.6%▲ +0.3 percentage points vs 08-2025 10-2025: 7.9%▲ +1.3 percentage points vs 09-2025highest value 11-2025: 3.3%▼ -4.6 percentage points vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.4%▲ +0.1 percentage points vs 12-2025 02-2026: 3.3%▼ -0.1 percentage points vs 01-2026 03-2026: 3.2%▼ -0.1 percentage points vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.2%● unchanged vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 3.0%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 3.6%▲ +0.6 percentage points vs 07-2026 09-2026: 3.8%▲ +0.2 percentage points vs 08-2026 10-2026: 5.1%▲ +1.3 percentage points vs 09-2026 11-2026: 5.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.64 (0.16 in 2023), below 1. Short-term debt is 105.1% and cash 13.8% of total assets. Equity is negative.
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 25, micro). It does better than 7% of them on solvency, 9% on liquidity, 94% on profitability and 86% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises risk
raises risk · Figures for financial year 2024 (filed on 08-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€2,712
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2407 sector peers (2024).
NBB · sector comparison
Position among 2407 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
30 days late
2022
140 days late
2021
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 96 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€2,712 View
  • Positive: Back in profit in 2024after a loss of €29,189 in 2023 €29,148 View
  • Caution: Lower solvency than 90% of companies in fabricated metal productssector median 47.0% · 2,407 companies -5.1% View
  • Positive: 3 years of growth in a rowturnover 2024: €161,148 3 years View

Recent changes

  1. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as LYTEC: machining of metals (NACE 25530). They are comparable in size and age: total assets between €36,900 and €73,800, founded between 2020 and 2022.

CompanyTotal assetsGross margin
LYTEC Putte€52,763€40,286
Rob Mertens Las en Constructiewerken Kasterlee€49,250€27,461
Metaweld Berlaar€56,394€41,257
Lassen Constructie Lodewyckx Balen€68,588€32,562
GVW PROJECTS Grobbendonk€43,800€32,534
Orfeco Algemene Laswerken Wuustwezel€36,896€50,249
FCM TECHNICS Grobbendonk€73,834€57,668
Full comparison

Key facts about LYTEC

What is the company number of LYTEC?
The company number of LYTEC is 0762.996.060. The VAT number is the same number with BE in front: BE 0762.996.060.
Where is LYTEC based?
The registered office is at Lijsterstraat 3, 2580 Putte.Company details
What does LYTEC do?
According to the KBO register, the main activity is machining of metals (NACE 25530).
What is the legal form of LYTEC?
The legal form of LYTEC is Private limited company (BV).
When was LYTEC founded?
LYTEC was founded on 05-02-2021.
Is LYTEC still active?
Yes, LYTEC is an active enterprise in the KBO register.
What is the turnover of LYTEC?
The turnover of LYTEC was €161,148 in financial year 2024, according to the filed annual accounts.Financials
Is LYTEC profitable?
In financial year 2024, LYTEC made a profit of €29,148.
Where can I find the annual accounts of LYTEC?
LYTEC filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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