LTC Automation
ActiveThe computed 12-month bankruptcy probability of LTC Automation is 2.6% (moderate). The 2025 annual accounts show equity of €55k and a net result of €10k. Equity is growing by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 27676 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-16
Solvency58▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.06 in 2024; short-term debt: 16.5% and cash: 27.8% of total assets), but 66.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
33.3%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
42 d early
2023
19 d late
2022
29 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 22.9%
2024 · €45k
2022: €17k
2023: €25k
2024: €45k
2022 → 2025
Total assets
€165k▲ 18.1%
2024 · €140k
2022: €62k
2023: €83k
2024: €140k
2022 → 2025
Net result
€10k▼ 46.6%
2024 · €19k
2022: €-3k
2023: €11k
2024: €19k
2022 → 2025
Working capital
€26k▲ 5.9%
2024 · €25k
2022: €-23k
2023: €23k
2024: €25k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€25k▲ 52.7%€45k▲ 75.3%€55k▲ 22.9%
Operating result€-3k-€15k€25k▲ 73.9%€18k▼ 27.9%
Net result€-3k-€11k€19k▲ 77.7%€10k▼ 46.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€112k▲ 21.9%
Current assets
€53k▲ 10.9%
Equity and liabilities €165k
Equity
€55k▲ 22.9%
Debt
€110k▲ 15.9%
The debt ratio falls from 68.0% to 66.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2024 · €28k
Cash flow
€16k▼
2024 · €22k
Solvency
33.3%▲
2024 · 32.0%
Current ratio
1.97▼
2024 · 2.06
Quick ratio
1.97▼
2024 · 2.06
Debt / equity
2.00▼
2024 · 2.13
ROE
18.7%▼
2024 · 42.9%
ROA
6.2%▼
2024 · 13.7%
Interest coverage
5.18▼
2024 · 15.52
Debt
€110k▲
2024 · €95k
Debt ≤ 1 year
€27k▲
2024 · €23k
Debt > 1 year
€83k▲
2024 · €72k
Income taxes
€3k▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€140k€165k▲
Fixed assets21/28€91k€112k▲
Tangible fixed assets22/27€91k€112k▲
Land and buildings22€88k€109k▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€48k€53k▲
Amounts receivable within one year40/41€13k€5k▼
Trade receivables40€9k€5k▼
Other amounts receivable41€4k€584▼
Cash at bank and in hand54/58€33k€46k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€140k€165k▲
Equity10/15€45k€55k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€25k€35k▲
Amounts payable17/49€95k€110k▲
Amounts payable after more than one year17€72k€83k▲
Financial debts170/4€72k€83k▲
Amounts payable within one year42/48€23k€27k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€10k▲
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3€44€45▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€30k€25k▼
Operating profit (loss)9901€25k€18k▼
Financial income75/76B€195-
Recurring financial income75€195-
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€24k€14k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€19k€10k▼
Profit (loss) for the period to be appropriated9905€19k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€35k▲
Profit (loss) brought forward from the previous period14P€5k€25k▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €19k ▲77.7%
Operating result €25k, net result €19k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.40
Current ratio from 0.49 to 1.40.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Limbourg · 1 establishment unit since 2022
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.
Rue Hauglustaine 214834 LimbourgGround area
240 m²
Building footprint
112 m²
Volume, LiDAR
957 m³
Parcel 63029B0138/00D000, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LTC Automation
since 20222.337.945.963
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63029B0138/00D000 | Wallonia | 240 m² | 1 · 112 m² | 10.7 m · 3 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
Solido Solutions
BE 0773.620.530
Bertem · Eq €55k
CARDEY
BE 0840.651.092
Oudsbergen · Eq €55k
BELCODEX
BE 0635.510.841
Evere · Eq €55k
POORTAUTOMATISATIE SABBE
BE 1016.895.045
Pittem · Eq €55k
NOEL RENOV
BE 0665.935.979
Vielsalm · Eq €55k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-11-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
27120Manufacture of electrical equipment
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
77399Renting and leasing of other machinery, equipment and tangible goods
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.