Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lithcote-Europe from Courcelles, company number BE0401661360, closed financial year 2025 with a result of € 137,909 after tax. For that financial year Lithcote-Europe recorded a gross margin of € 769,603 and equity of € 262,872. Compared with financial year 2024, the result moved from € 101,152 to € 137,909. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 262,872
▲ 110% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,909
▲ 36% vs 2024
Profit after tax over the fiscal year.
€ 63,741
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -76,816.
People and assets in 2025
11
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 504,455
▲ 1% vs 2024
€ 45,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,157
▲ € 16,013 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200,000
▲ 100% vs 2024
Loans from banks and other lenders, long and short.
€ 231,236
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 378,285
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 308,118 | € 432,265 | € 641,009 | € 769,603 | ▲ 20% |
| Profit after taxes | € -159,027 | € -77,374 | € 101,152 | € 137,909 | ▲ 36% |
| Equity | € 101,186 | € 23,812 | € 124,963 | € 262,872 | ▲ 110% |
| Total debts | € 840,226 | € 872,207 | € 1,141,317 | € 811,876 | ▼ 29% |
| Cash | € 9,975 | € 29,506 | € 60,544 | € 63,741 | ▲ 5% |
| Land & buildings | € 80,726 | € 76,815 | € 72,904 | € 163,290 | ▲ 124% |
| Retained profit | € -238,503 | € -315,877 | € -214,725 | € -76,816 | ▲ € 137,909 |
| Bank debt | € 100,000 | € 100,460 | € 100,000 | € 200,000 | ▲ 100% |
| Balance sheet total | € 941,412 | € 896,019 | € 1,266,280 | € 1,074,748 | ▼ 15% |
| Employees (FTE) | 10.5 | 9.2 | 10 | 11 | ▲ 1 |
Key figures of Lithcote-Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Lithcote-Europe?
What happened at Lithcote-Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,909 (▲ 36% vs 2024). Source: NBB ↗
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,027 loss in 2022 to € 137,909 profit in 2025.
Paid € 79,808 in corporate taxes since 2022.
Best year ever: 2025, with € 137,909 profit.
On average € 70,000 of value added per employee in 2025.
Management
The stake of SYSCARE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lithcote-EuropeBehind Lithcote-Europe are Christel DUPRIEZ and SYSCARE SA. The shares are held by SYSCARE (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Château(TR) 70
6183 Courcelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.661.360
- VAT number
- BE 0401.661.360
- Registered office
- Rue du Château(TR) 70, 6183 Courcelles
- Names & denominations
- Lithcote-Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1966
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Oppervlaktebehandeling en bekleding van metaal
Coating van metalen
Oppervlaktebehandeling van metalen