VOLUNTARY DISSOLUTION - LIQUIDATION

LITUS

Financial year 2022 · closed on 31/12/2022
Net result
2,4 M €
+11185.6% YoY
Gross margin
3,3 M €
+4083.0% YoY
Equity
279,6 k €
-42.5% YoY

Company — Voluntary dissolution - liquidation.

What does LITUS do?

LITUS is a Public limited company incorporated in 1994. Its registered office is in Brugge.

Legal situation
Voluntary dissolution - liquidation
BCE/KBO no. / VAT
BE 0453.475.988
Incorporation
22/09/1994
Legal form
Public limited company
Registered office
Hamiltonpark 20
8000 Brugge · FlandreSee on map
Contributed capital
10 977,77 €
Latest accounts
31/12/2022
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin3,3 M €79,2 k €115 k €128,5 k €117,7 k €134 k €128,1 k €122,1 k €100,2 k €104,5 k €49,1 k €70,3 k €121,9 k €87,6 k €47,3 k €
EBITDA3,3 M €65,8 k €101,7 k €138,7 k €103,5 k €121,9 k €115,6 k €109,3 k €48,4 k €93,1 k €12,5 k €55,5 k €110,5 k €76,6 k €37,7 k €
Operating result3,3 M €36,6 k €72,4 k €109,5 k €74,2 k €92,7 k €61,3 k €80 k €19,2 k €63,4 k €-17,4 k €25,3 k €80,7 k €46,6 k €912,2 €
Net result2,4 M €21,7 k €51,6 k €77,5 k €57,2 k €74,3 k €66,2 k €64,1 k €19,1 k €64,1 k €-16,5 k €24,9 k €80,8 k €49,2 k €710 €
Balance sheet
Equity279,6 k €486,6 k €1,1 M €1,1 M €1,1 M €1,1 M €1 M €972,1 k €925,1 k €923 k €903,9 k €920,4 k €919,5 k €915,5 k €1,3 M €
Total assets346,4 k €668,4 k €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,1 M €1 M €962,5 k €937,7 k €951,2 k €1 M €973,5 k €1,4 M €
Cash246,3 k €164,3 k €776,2 k €672,8 k €645,8 k €607,1 k €488,5 k €356,9 k €243,6 k €118,5 k €59,3 k €123,9 k €132,6 k €80,6 k €234,4 k €
Debts46,8 k €125,8 k €122,1 k €132,3 k €117,3 k €90,7 k €60 k €60,2 k €41,7 k €10,4 k €5,4 k €27,4 k €76,8 k €53,6 k €33,9 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 19 ended

Active mandates

Bettina Van Den Abeele

Liquidator · since 08 septembre 2020

Active

Ended mandates

Karen De Jonghe

Director · since 20 août 2013 · until 24 décembre 2016

Ended
FOR HAPPY DAYS

Managing director · since 24 décembre 2010 · until 24 décembre 2016 · 0426.186.227

Represented by Katja De Brock

Ended
Marc Geerinckx

Director · since 24 décembre 2010 · until 24 décembre 2016

Ended
Pierre De Brock

Director · since 24 décembre 2010 · until 24 décembre 2016

Ended
At this address

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Annual accounts

Full financial information

202220212019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202231/12/202131/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202317/11/202230/11/202009/12/201929/10/201807/07/2017
General meeting02/06/202303/06/202208/09/202007/06/201901/06/201804/03/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202202/06/202331/08/2023DutchPDF
Abridged model31/12/202103/06/202217/11/2022DutchPDF
Abridged model31/12/201908/09/202030/11/2020DutchPDF
Abridged model31/12/201807/06/201909/12/2019DutchPDF
Abridged model31/12/201701/06/201829/10/2018DutchPDF
Abridged model31/12/201604/03/201707/07/2017DutchPDF
Abridged model31/12/201505/03/201617/05/2016DutchPDF
Abridged model31/12/201428/03/201517/05/2016DutchPDF
Abridged model31/12/201328/07/201401/08/2014DutchPDF
Abridged modelCorrection31/12/201228/07/201430/07/2014DutchPDF
Abridged model31/12/201219/11/201329/01/2014DutchPDF
Abridged modelCorrection31/12/201113/11/201230/07/2014DutchPDF
Abridged model31/12/201113/11/201229/01/2014DutchPDF
Abridged modelCorrection31/12/201026/10/201130/07/2014DutchPDF
Abridged model31/12/201026/10/201129/01/2014DutchPDF
Abridged model31/12/200916/03/201024/03/2010DutchPDF
Abridged model31/12/200822/01/200917/02/2009DutchPDF
Abridged model31/12/200729/01/200815/02/2008DutchPDF
Abridged model31/12/200603/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 19 ended

Active mandates

Bettina Van Den Abeele

Liquidator · since 08 septembre 2020

Active

Ended mandates

Karen De Jonghe

Director · since 20 août 2013 · until 24 décembre 2016

Ended
FOR HAPPY DAYS

Managing director · since 24 décembre 2010 · until 24 décembre 2016 · 0426.186.227

Represented by Katja De Brock

Ended
Marc Geerinckx

Director · since 24 décembre 2010 · until 24 décembre 2016

Ended
Pierre De Brock

Director · since 24 décembre 2010 · until 24 décembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Court decision23/09/2020
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Other06/04/2017
    ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/12/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2011
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring16/04/2008
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/02/2008
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 20222,4 M €
  2. 2021
    Annual accounts 202121,7 k €
  3. 2019
    Annual accounts 201951,6 k €
  4. 2018
    Annual accounts 201877,5 k €
  5. 2017
    Annual accounts 201757,2 k €
  6. 2016
    Annual accounts 201674,3 k €
  7. 2015
    Annual accounts 201566,2 k €
  8. 2014
    Annual accounts 201464,1 k €
  9. 2013
    Annual accounts 201319,1 k €
  10. 2012
    Annual accounts 201264,1 k €
  11. 2011
    Annual accounts 2011-16,5 k €
  12. 2010
    Annual accounts 201024,9 k €
  13. 2009
    Annual accounts 200980,8 k €
  14. 2008
    Annual accounts 200849,2 k €
  15. 2007
    Annual accounts 2007710 €
  16. 22/09/1994
    IncorporationPublic limited company