LT ELEC
ActiveSummary
LT ELEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €45k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency97▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 2.65 in 2024; short-term debt: 27.7% and cash: 92.1% of total assets), and 27.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.3%
Return on assets
26%
Age of the figures
9 mo
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 €126k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
14 d early
2024
22 d late
2023
14 d late
2022
28 d early
2021
31 d late
2020
19 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▲ 56.0%
2024 · €81k
2018: €24k
2019: €19k
2020: €20k
2021: €16k
2022: €28k
2023: €50k
2024: €81k
2018 → 2025
Total assets
€175k▲ 35.0%
2024 · €129k
2018: €151k
2019: €112k
2020: €134k
2021: €116k
2022: €99k
2023: €114k
2024: €129k
2018 → 2025
Net result
€45k▲ 46.3%
2024 · €31k
2018: €-4k
2019: €-5k
2020: €887
2021: €-4k
2022: €12k
2023: €22k
2024: €31k
2018 → 2025
Working capital
€125k▲ 56.1%
2024 · €80k
2018: €-59k
2019: €-45k
2020: €-26k
2021: €-13k
2022: €14k
2023: €50k
2024: €80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€28k▲ 74.4%€50k▲ 78.2%€81k▲ 62.0%€126k▲ 56.0%
Operating result€-3k-€18k€31k▲ 77.6%€47k▲ 49.7%€67k▲ 44.2%
Net result€-4k-€12k€22k▲ 83.3%€31k▲ 41.4%€45k▲ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€2k ▲ 48.2%
Current assets
€173k ▲ 34.9%
Equity and liabilities €175k
Equity
€126k ▲ 56.0%
Debt
€48k ▼ 0.2%
Debt's share of the balance-sheet total falls from 37.4% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▲
2024 · €47k
Cash flow
€46k▲
2024 · €32k
Current ratio
3.58▲
2024 · 2.65
Debt to equity
0.38▼
2024 · 0.60
ROE
35.9%▼
2024 · 38.3%
ROA
26.0%▲
2024 · 24.0%
Interest coverage
460.87▲
2024 · 240.57
Debt ≤ 1 year
€48k▼
2024 · €48k
Income taxes
€22k▲
2024 · €15k
Staff costs
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€175k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€898€631▼
Furniture and vehicles24€274€1k▲
Current assets29/58€128k€173k▲
Amounts receivable within one year40/41€5k€10k▲
Trade receivables40€5k€2k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€122k€161k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€129k€175k▲
Equity10/15€81k€126k▲
Contributions10/11€6k€6k=
Reserves13€67k€112k▲
Distributable reserves133€67k€112k▲
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€48k€48k▼
Amounts payable within one year42/48€48k€48k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€7k€10k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€36k€27k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€711€509▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€167-
Gross operating margin9900€49k€75k▲
Operating profit (loss)9901€47k€67k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€196€147▼
Recurring financial charges65€196€147▼
Profit (loss) for the period before taxes9903€46k€67k▲
Income taxes67/77€15k€22k▲
Profit (loss) for the period9904€31k€45k▲
Profit (loss) for the period to be appropriated9905€31k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€53k▲
Profit (loss) brought forward from the previous period14P€8k€8k=
Transfer to equity691/2€31k€45k▲
To other reserves6921€31k€45k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €45k ▲46.3%
Operating result €67k, net result €45k, both a record.
31-12
Financial
Equity above €100kEq €126k ▲56%
4 profitable years in a row build equity to €126k.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €887
Net result €887 after 2 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Saint-Ghislain · 1 establishment unit since 2017
Ground area
749 m²
Building footprint
117 m²
Volume, LiDAR
556 m³
Parcel 53009A0117/00X011, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LT ELEC
since 20172.264.700.075
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53009A0117/00X011 | Wallonia | 749 m² | 1 · 117 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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SVB Projects
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TOUSSAINT M & J
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.