Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LETHI from Knokke-Heist, company number BE0454487362, closed financial year 2025 with a result of € -30,736 after tax. For that financial year LETHI recorded a gross margin of € 48,761 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -31,738 to € -30,736. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 12, 2025.
€ 2.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,736
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 883
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -148,722.
People and assets in 2025
€ 72
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 57
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,639
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,456 | € 58,717 | € 48,341 | € 48,761 | ▲ 1% |
| Profit after taxes | € -1,439 | € -19,667 | € -31,738 | € -30,736 | ▲ € 1,002 |
| Equity | € 2,185,091 | € 2,165,424 | € 2,133,686 | € 2,102,950 | ▼ 1% |
| Total debts | € 1,000,317 | € 932,236 | € 938,705 | € 836,992 | ▼ 11% |
| Cash | € 81,381 | € 31,556 | € 68,300 | € 883 | ▼ 99% |
| Land & buildings | € 2,987,114 | € 2,955,942 | € 2,891,499 | € 2,827,413 | ▼ 2% |
| Retained profit | € -66,581 | € -86,248 | € -117,986 | € -148,722 | ▼ € 30,736 |
| Balance sheet total | € 3,185,408 | € 3,097,660 | € 3,072,391 | € 2,939,942 | ▼ 4% |
Key figures of LETHI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LETHI?
What happened at LETHI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,736. Source: NBB ↗
- Timothy Thiers became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,439 loss in 2022 to € 30,736 loss in 2025.
A new publication or filing at LETHI? We notify you, reason included.
Follow LETHIDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DIGERSO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LETHIBehind LETHI are Cristian Thiers, Timothy Thiers and Federico Thiers. The shares are held by DIGERSO (99.6%).
Directors
According to the 2025 annual accounts
since 2024
Federico Thiers
Director
Also active at: TIMANCO, LETHI'S COLLECTION, Electrostock, MASINVER, DESECO, LIFE GROUP
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Magere Schorre 95B
8300 Knokke-Heist
Magere Schorre 20
8300 Knokke-Heist
Active since 20 April 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.487.362
- VAT number
- BE 0454.487.362
- Registered office
- Magere Schorre 95B, 8300 Knokke-Heist
- Names & denominations
- LETHI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 1995
- Peppol
- Active · Active since 28 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.