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'T LETTERKE
ActiveFrom the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
'T LETTERKE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,342 and a net result of €18,968. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 24% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 04-11-1998 Normal situation
- Legal form
- Private limited company
- Registered office
- Hoogstraat 1, 2800 Mechelen
- Activity
- Retail sale of newspapers and periodicals NACE 47621
- Establishment unit
- 2.089.352.878 2800 Mechelen, since 23-11-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €41,204
- ▲ 77.4%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €18,968
- ▲ 86×
- Equity
- €26,342
- ▲ 12.7%
- Total assets
- €202,731
- ▼ 7.6%
- Staff
- ≈ 0 FTE
- estimated
2025 accounts filed 27 days late
Filed on 27-08-2026at the National Bank
Why 83raises riskSector: Retail trade (NACE 47)Equity €26,342 (13.0% of total assets)lowers riskFounded in 1998Size: total assets €202,731Show the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency
38+2
equity 13.0% of total assets
Liquidity
39-10
short-term debt 44.8% · cash 8.6%
Profitability
68+37
return on assets 9.4%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%▼ -0.5 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.98, compared with 3.16 in 2024, above the usual 1.5; short-term debt: 44.8% and cash: 8.6% of total assets), but 87% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 29% on solvency, 37% on liquidity, 48% on profitability and 64% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 12737 sector peers (2025).
NBB · sector comparisonPosition among 12737 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €26,342
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 days late
2024
29 days late
2023
27 days late
2022
25 days late
2021
49 days late
2020
30 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Among the weakest 20% on equitysector median €237,045 · 12,747 companies €26,342 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 27-08-2026
- Annual accounts 2024filed on 29-08-2025
- Annual accounts 2023filed on 27-08-2024
- Annual accounts 2022filed on 25-08-2023
Acts in the Belgian Official Gazette
- Legal-form change · Resignations & appointmentsact of 26-10-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about 'T LETTERKE
- What is the company number of 'T LETTERKE?
- 0464.491.626. In Belgium the VAT number is the company number with BE in front: BE 0464.491.626.
- Where is 'T LETTERKE based?
- The registered office is at Hoogstraat 1, 2800 Mechelen.Company details
- What does 'T LETTERKE do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of 'T LETTERKE?
- Private limited company (BV).
- When was 'T LETTERKE founded?
- On 04-11-1998.
- Is 'T LETTERKE still active?
- Yes, 'T LETTERKE is an active enterprise in the KBO register.
- How many employees does 'T LETTERKE have?
- On average 0.6 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of 'T LETTERKE?
- ≈ €230,000 in financial year 2025. Estimated from the gross margin of €41,204: probably between €130,000 and €460,000, based on 88 comparable companies, NACE 47.
- Is 'T LETTERKE profitable?
- In financial year 2025, 'T LETTERKE made a profit of €18,968.
- Where can I find the annual accounts of 'T LETTERKE?
- 'T LETTERKE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of 'T LETTERKE due?
- By 31-07-2027, for financial year 2026.Timeline
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