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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.3 to 4.9.
Financials
Financial year 2024
LEDLITE from Tessenderlo-Ham, company number BE0418745238, closed financial year 2024 with a result of € -19,902 after tax. For that financial year LEDLITE recorded a gross margin of € 318,048 and equity of € -138,366. Compared with financial year 2023, the result moved from € -210,047 to € -19,902. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2025.
€ -138,366
▼ € 19,902 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,902
▲ 91 % less loss than in 2023
Profit after tax over the fiscal year.
€ 10,389
▼ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -201,366.
People and assets in 2024
4.9
▼ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 337,892
▼ 16% vs 2023
€ 69,000 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.
€ 10,209
▼ 51% vs 2023
Of which on lease € 10,209.
Debts at end 2024
€ 388,451
▲ 5% vs 2023
€ 29,484 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 127,926
▲ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 81,947
▲ 69% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 421,430 | € 344,735 | € 234,218 | € 318,048 | ▲ 36% |
| Profit after taxes | € 10,037 | € -104,306 | € -210,047 | € -19,902 | ▲ € 190,145 |
| Equity | € 195,889 | € 91,583 | € -118,464 | € -138,366 | ▼ € 19,902 |
| Total debts | € 511,563 | € 511,122 | € 584,287 | € 653,214 | ▲ 12% |
| Cash | € 4,175 | € 4,314 | € 34,520 | € 10,389 | ▼ 70% |
| Retained profit | € 132,889 | € 28,583 | € -181,464 | € -201,366 | ▼ € 19,902 |
| Bank debt | € 314,280 | € 300,194 | € 371,519 | € 388,451 | ▲ 5% |
| Balance sheet total | € 707,453 | € 602,705 | € 465,822 | € 514,848 | ▲ 11% |
| Employees (FTE) | 6.4 | 7.3 | 6.5 | 4.9 | ▼ 1.6 |
Key figures of LEDLITE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LEDLITE?
What happened at LEDLITE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ANNE QUIEVY stepped down as director. NBB
- MICHEL NIEZEN stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 19,902. Source: NBB ↗
- ANNE QUIEVY became a director. NBB
- MICHEL NIEZEN became a director. NBB
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,037 profit in 2021 to € 19,902 loss in 2024.
Paid € 381 in corporate taxes since 2021.
Best year ever: 2021, with € 10,037 profit.
On average € 64,900 of value added per employee in 2024.
Management
The stake of SIRIEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LEDLITEThe shares are held by SIRIEN (61%).
Directors
According to the 2024 annual accounts
since 2021 · until 2027
MICHEL NIEZEN
Managing director
Also active at: NIEZEN, SOCIETE DE TRAVAUX ET DE FOURNITURES, SIRECO, SIRIEN
since 2021 · until 2027
Shareholders
61%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bergstraat 40A
3945 Tessenderlo-Ham
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
Online SAS, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0418.745.238
- VAT number
- BE 0418.745.238
- Registered office
- Bergstraat 40A, 3945 Tessenderlo-Ham
- Names & denominations
- LEDLITE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1978
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- ledlite.be
- Activities · NACE
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