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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LT CAPITAL & ADVICE from Knokke-Heist, company number BE0464660781, closed financial year 2025 with a result of € -173,925 after tax. For that financial year LT CAPITAL & ADVICE recorded revenue of € 1.6 million and equity of € 59.7 million. Compared with financial year 2024, the result moved from € 2.9 million to € -173,925. 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 June 12, 2026.
€ 59.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -173,925
▼ still € 2.9 million profit in 2024
Profit after tax over the fiscal year.
€ 82,918
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 59.3 million.
People and assets in 2025
3.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 514,882
▲ 92% vs 2024
€ 143,000 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.
€ 2.8 million
▼ 5% vs 2024
Of which on lease € 2.8 million.
Debts at end 2025
€ 23.8 million
▲ 39% vs 2024
€ 2.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 344,189
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 120 days on average.
€ 538,393
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,330,857 | € 1,310,127 | € 1,308,350 | € 1,618,728 | ▲ 24% |
| Profit after taxes | € 1,803,745 | € 1,537,117 | € 2,879,972 | € -173,925 | ▼ € 3.1 million |
| Equity | € 55,698,144 | € 57,235,261 | € 59,995,233 | € 59,695,308 | |
| Total debts | € 30,389,027 | € 28,092,995 | € 23,677,495 | € 29,863,263 | ▲ 26% |
| Cash | € 681,476 | € 69,871 | € 1,987,835 | € 82,918 | ▼ 96% |
| Land & buildings | € 15,131,862 | € 15,875,660 | € 18,967,476 | € 20,571,171 | ▲ 8% |
| Retained profit | € 55,300,096 | € 56,837,213 | € 59,597,186 | € 59,297,260 | ▼ 1% |
| Dividend | € 0 | € 0 | € 120,000 | € 126,000 | ▲ 5% |
| Bank debt | € 21,928,490 | € 20,889,514 | € 17,153,562 | € 23,804,295 | ▲ 39% |
| Balance sheet total | € 90,051,637 | € 89,156,550 | € 87,434,929 | € 93,176,691 | ▲ 7% |
| Employees (FTE) | 1.8 | 1.8 | 1.6 | 3.6 | ▲ 2 |
Key figures of LT CAPITAL & ADVICE, 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 LT CAPITAL & ADVICE?
What happened at LT CAPITAL & ADVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 173,925 (▼ € 3.1 million vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.8 million profit in 2022 to € 173,925 loss in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.9 million profit.
Paid out € 246,000 in dividends to the owners in total.
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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
Behind LT CAPITAL & ADVICE are Jean-Marie de Buck and SYLVA MANNENS. It owns 100% of Square 2 Rivers, 100% of Square Private Equity NV, 100% of Square Real Estate NV, 100% of Square Group NV and 15% of P.N.T. itself.
Directors
According to the 2025 annual accounts
Jean-Marie de Buck
Director
Also active at: ACLAGRO, D.D. SHIPPING, LOGISTIEK PLATFORM PUURS, Capribel Invest, Square Private Equity
SYLVA MANNENS
Director
Also active at: ACLAGRO, MICHIELS AANNEMINGEN, OTRECO, D.D. SHIPPING, Square Group, Oryx Projects, AC MATERIALS, ACLAGRO PROJECTS +3 more
Establishments
Establishment units
Physical locations of this company
Eeuwfeestlaan 31
8301 Knokke-Heist
Elizabetlaan 158 D box 12
8300 Knokke-Heist
Active since 19 June 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.660.781
- VAT number
- BE 0464.660.781
- Registered office
- Eeuwfeestlaan 31, 8301 Knokke-Heist
- Names & denominations
- LT CAPITAL & ADVICE · LTCA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1998
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van hoofdkantoren
Handel in eigen onroerend goed