Financials
Financial year 2025
LYTHO from Houthalen-Helchteren, company number BE0757765681, closed financial year 2025 with a result of € 408,222 after tax. For that financial year LYTHO recorded a gross margin of € 843,213 and equity of € 661,322. Compared with financial year 2024, the result moved from € 345,642 to € 408,222. 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 25, 2026.
€ 661,322
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 408,222
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 460,521
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 182,577 paid out
45 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.6
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 278,738
▲ 53% vs 2024
€ 49,800 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.
€ 45,347
▲ € 44,629 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 757,031
▲ 54% vs 2024
€ 80,926 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 127,229
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,550
▲ 123% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 355,908 | € 568,957 | € 643,350 | € 843,213 | ▲ 31% |
| Profit after taxes | € 182,784 | € 254,486 | € 345,642 | € 408,222 | ▲ 18% |
| Equity | € 170,447 | € 272,533 | € 435,677 | € 661,322 | ▲ 52% |
| Total debts | € 588,168 | € 643,084 | € 871,413 | € 1,176,368 | ▲ 35% |
| Cash | € 238,952 | € 444,175 | € 590,958 | € 460,521 | ▼ 22% |
| Land & buildings | € 255,762 | € 169,000 | € 169,000 | € 885,858 | ▲ € 716,858 |
| Retained profit | € 167,447 | € 269,533 | € 432,677 | € 658,322 | ▲ 52% |
| Dividend | € 122,400 | € 152,400 | € 182,499 | € 182,577 | |
| Bank debt | € 361,904 | € 357,870 | € 492,127 | € 757,031 | ▲ 54% |
| Balance sheet total | € 758,616 | € 915,618 | € 1,307,090 | € 1,837,690 | ▲ 41% |
| Employees (FTE) | 2.4 | 3 | 4.4 | 5.6 | ▲ 1.2 |
Key figures of LYTHO, 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 LYTHO?
What happened at LYTHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 408,222 (▲ 18% vs 2024). Source: NBB ↗
- IG MAN became a director. NBB
- Gibmi stepped down as director. NBB
- Gibmi became a director. NBB
- NVS ACCOUNTING became a director. NBB
- JETHO became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,784 profit in 2022 to € 408,222 profit in 2025.
Paid € 182,619 in corporate taxes since 2022.
Best year ever: 2025, with € 408,222 profit.
On average € 150,600 of value added per employee in 2025.
Management
The stake of GIBMI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LYTHOBehind LYTHO are NVS ACCOUNTING, IG MAN and JETHO. The shares are held by GIBMI (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Nick Vanschoubroeck
since 2022
Director · represented by Ivano Galasso
since 2026
Director · represented by Jurgen Maes
since 2022
Director · represented by Ivano Galasso
since 2023 · until 2026
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Geerstraat 2
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0757.765.681
- VAT number
- BE 0757.765.681
- Registered office
- Geerstraat 2, 3530 Houthalen-Helchteren
- Names & denominations
- LYTHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2020
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten