L.T.I. is a wholesaler in Ninove. Private Limited, started on 22 January 1998, 1 establishment.

What is the address of L.T.I.?

The registered office of L.T.I. is located at Leopoldstraat(Oke) 112, 9400 Ninove.

Is L.T.I. still active?

Yes. According to the CBE (30 October 2026) L.T.I. is active, legal situation “Normale toestand”, started on 22 January 1998.

Is L.T.I. registered on Peppol?

Yes, L.T.I. is registered on the Peppol network with ID 0208:0462495802.

What is the enterprise number of L.T.I.?

The enterprise number of L.T.I. is BE0462495802.

When was L.T.I. founded?

L.T.I. was founded on 22 January 1998.

Who are the directors of L.T.I.?

According to the 2025 annual accounts, the directors of L.T.I. are: Viktor Van der Maelen, MATVIK BV, Matilde Van der Maelen.

Is L.T.I. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 January 1998; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did L.T.I. make in 2025?

L.T.I. posted a profit after taxes of € 56,336 in financial year 2025.

What is the revenue of L.T.I.?

As a small company, L.T.I. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,283,257.

How much does an employee at L.T.I. earn?

The average wage cost per full-time employee at L.T.I. was € 46,800 in 2025: staff costs of € 808,870 for 17.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does L.T.I. have?

According to the 2025 annual accounts, L.T.I. has 17.3 full-time equivalents (FTE).

Does L.T.I. have a website?

Yes, L.T.I. has a website at ltibv.be.

L.T.I. (Private Limited) - Ninove - BE0462495802

Dossier L.T.I., printed on 30 October 2026 from databakkes.be/en/0462495802/l-t-i. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 21.8 to 17.3.

Financials

Financial year 2025

L.T.I. from Ninove, company number BE0462495802, closed financial year 2025 with a result of € 56,336 after tax. For that financial year L.T.I. recorded a gross margin of € 1.3 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 50,292 to € 56,336. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.

What it is worth Growing

€ 1.9 million

▲ 26% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 56,336

▲ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 144,599

▲ € 140,486 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.9 million.

People and assets in 2025

Full-time equivalents

17.3

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 808,870

▼ 16% vs 2024

€ 46,800 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.

Vehicles and equipment

€ 79,783

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 27% vs 2024

€ 128,045 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 409,851

▲ 79% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 75,937

▼ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,347,057 Gross margin 2022: € 1,347,057 First fiscal year in the series	€ 1,368,869 Gross margin 2023: € 1,368,869 ▲ 2% vs 2022 (€ 1,347,057) Favourable step	€ 1,314,843 Gross margin 2024: € 1,314,843 ▼ 4% vs 2023 (€ 1,368,869) Unfavourable step	€ 1,283,257 Gross margin 2025: € 1,283,257 ▼ 2% vs 2024 (€ 1,314,843) Unfavourable step	▼ 2%
Profit after taxes	€ -3,579 Profit after taxes 2022: € -3,579 First fiscal year in the series	€ -26,612 Profit after taxes 2023: € -26,612 ▼ € 23,033 vs 2022 (€ -3,579) Unfavourable step	€ 50,292 Profit after taxes 2024: € 50,292 ▲ € 76,904 vs 2023 (€ -26,612) Favourable step	€ 56,336 Profit after taxes 2025: € 56,336 ▲ 12% vs 2024 (€ 50,292) Favourable step	▲ 12%
Equity	€ 1,464,708 Equity 2022: € 1,464,708 First fiscal year in the series	€ 1,437,452 Equity 2023: € 1,437,452 ▼ 2% vs 2022 (€ 1,464,708) Unfavourable step	€ 1,487,099 Equity 2024: € 1,487,099 ▲ 3% vs 2023 (€ 1,437,452) Favourable step	€ 1,875,831 Equity 2025: € 1,875,831 ▲ 26% vs 2024 (€ 1,487,099) Favourable step	▲ 26%
Total debts	€ 2,724,518 Total debts 2022: € 2,724,518 First fiscal year in the series	€ 3,224,809 Total debts 2023: € 3,224,809 ▲ 18% vs 2022 (€ 2,724,518) Unfavourable step	€ 2,774,423 Total debts 2024: € 2,774,423 ▼ 14% vs 2023 (€ 3,224,809) Favourable step	€ 2,630,492 Total debts 2025: € 2,630,492 ▼ 5% vs 2024 (€ 2,774,423) Favourable step	▼ 5%
Cash	€ 29,699 Cash 2022: € 29,699 First fiscal year in the series	€ 105,616 Cash 2023: € 105,616 ▲ 256% vs 2022 (€ 29,699) Favourable step	€ 4,112 Cash 2024: € 4,112 ▼ 96% vs 2023 (€ 105,616) Unfavourable step	€ 144,599 Cash 2025: € 144,599 ▲ € 140,486 vs 2024 (€ 4,112) Favourable step	▲ € 140,486
Land & buildings	€ 3,180,542 Land & buildings 2022: € 3,180,542 First fiscal year in the series	€ 3,066,507 Land & buildings 2023: € 3,066,507 ▼ 4% vs 2022 (€ 3,180,542) Unchanged	€ 3,118,686 Land & buildings 2024: € 3,118,686 ▲ 2% vs 2023 (€ 3,066,507) Unchanged	€ 3,061,783 Land & buildings 2025: € 3,061,783 ▼ 2% vs 2024 (€ 3,118,686) Unchanged	▼ 2%
Retained profit	€ 1,457,222 Retained profit 2022: € 1,457,222 First fiscal year in the series	€ 1,430,610 Retained profit 2023: € 1,430,610 ▼ 2% vs 2022 (€ 1,457,222) Unfavourable step	€ 1,480,902 Retained profit 2024: € 1,480,902 ▲ 4% vs 2023 (€ 1,430,610) Favourable step	€ 1,869,634 Retained profit 2025: € 1,869,634 ▲ 26% vs 2024 (€ 1,480,902) Favourable step	▲ 26%
Dividend	€ 332,396 Dividend 2022: € 332,396 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 332,396) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,008,191 Bank debt 2022: € 2,008,191 First fiscal year in the series	€ 1,905,647 Bank debt 2023: € 1,905,647 ▼ 5% vs 2022 (€ 2,008,191) Favourable step	€ 1,541,445 Bank debt 2024: € 1,541,445 ▼ 19% vs 2023 (€ 1,905,647) Favourable step	€ 1,132,788 Bank debt 2025: € 1,132,788 ▼ 27% vs 2024 (€ 1,541,445) Favourable step	▼ 27%
Balance sheet total	€ 4,317,281 Balance sheet total 2022: € 4,317,281 First fiscal year in the series	€ 4,781,600 Balance sheet total 2023: € 4,781,600 ▲ 11% vs 2022 (€ 4,317,281) Unchanged	€ 4,372,146 Balance sheet total 2024: € 4,372,146 ▼ 9% vs 2023 (€ 4,781,600) Unchanged	€ 4,608,437 Balance sheet total 2025: € 4,608,437 ▲ 5% vs 2024 (€ 4,372,146) Unchanged	▲ 5%
Employees (FTE)	23.1 Employees (FTE) 2022: 23.1 First fiscal year in the series	21.8 Employees (FTE) 2023: 21.8 ▼ 1.3 vs 2022 (23.1) Unchanged	19.1 Employees (FTE) 2024: 19.1 ▼ 2.7 vs 2023 (21.8) Unchanged	17.3 Employees (FTE) 2025: 17.3 ▼ 1.8 vs 2024 (19.1) Unchanged	▼ 1.8

Key figures of L.T.I., 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 L.T.I.?

What happened at L.T.I. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 11, 2026 New annual accounts for financial year 2025: profit of € 56,336 (▲ 12% vs 2024). Source: NBB ↗
2024 Viktor Van der Maelen became a director. NBB
2024 Matilde Van der Maelen became a director. NBB
2023 MATVIK BV became a director. NBB
Jun 19, 1998 New establishment in Ninove. KBO
Jan 22, 1998 Start of the company according to the CBE. KBO

In short

From € 3,579 loss in 2022 to € 56,336 profit in 2025.

Paid € 128,328 in corporate taxes since 2022.

Best year ever: 2025, with € 56,336 profit.

On average € 74,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MATVIK 100%

The stake of MATVIK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

L.T.I.

Behind L.T.I. are Viktor Van der Maelen, MATVIK BV and Matilde Van der Maelen. The shares are held by MATVIK (100%).

Directors

According to the 2025 annual accounts

Viktor Van der Maelen

Director

Also active at: VIKTOR

since 2024

MATVIK BV

Director · represented by Christoph Van Der Maelen

Also active at: ALITECH

since 2023

Matilde Van der Maelen

Director

Also active at: VIKTOR

since 2024

Shareholders

MATVIK

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Leopoldstraat(Oke) 112

9400 Ninove

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS ltibv.be

Canonical: https://www.ltibv.be/

Technologies

Backbone.jsCloudflare CDNJSElementorFont AwesomeGoogle MapsNginxPHPWooCommerceWordPressjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

LCPDCO LCP AS dc oostkamp, BE

Website info

HTTPS Ja

Languages NL

Features

Webshop Newsletter

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0462.495.802

VAT number

BE 0462.495.802

Registered office

Leopoldstraat(Oke) 112, 9400 Ninove

Names & denominations

L.T.I.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 January 1998

Peppol

Active · Active since 15 Oct 2025

Contact

ltibv.be

Activities · NACE

Groothandel in installatiemateriaal voor loodgieterswerk en verwarming

Groothandel in loodgietersmateriaal en verwarmingsinstallaties

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

L.T.I.

Warning lights

Financials

What happened to L.T.I.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions