ACTIVE

Lietho

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
362,1 k €
-20.7% YoY
Gross margin
888,4 k €
-5.4% YoY
Equity
362,9 k €
-25.5% YoY
Workforce
3,5 ETP
+9.4% YoY

What does Lietho do?

Lietho is a Private limited company incorporated in 2015. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in De Haan. It employs on average 3,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0629.973.329
Incorporation
12/05/2015
Legal form
Private limited company
Registered office
Warvinge 43 B
8421 De Haan · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
3,5 ETP
Activities (NACE)
47784Other retail sale of new goods in specialised stores· main47786Other retail sale of new goods in specialised stores
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin888,4 k €939,4 k €932,7 k €445,7 k €139,8 k €305,6 k €187,3 k €215,8 k €
EBITDA717,6 k €828,7 k €816,8 k €392,5 k €131,4 k €242,3 k €121,6 k €141,5 k €
Operating result570,1 k €704,3 k €707,6 k €82,3 k €125,7 k €221 k €101,8 k €107,7 k €
Net result362,1 k €456,5 k €445,6 k €38,3 k €120,8 k €150,1 k €62,2 k €67,1 k €
Balance sheet
Equity362,9 k €486,9 k €525,4 k €344,8 k €504,9 k €280,2 k €130 k €67,8 k €
Total assets4 M €3,8 M €3,6 M €3,2 M €561,6 k €400,4 k €250,9 k €207,7 k €
Cash361,6 k €280,4 k €236,7 k €496,9 k €207,5 k €248,1 k €128,4 k €74,9 k €
Debts3,7 M €3,3 M €3 M €2,8 M €56,7 k €120,2 k €116 k €139,9 k €
Other
Workforce3,5 ETP3,2 ETP3,7 ETP2,0 ETP0,2 ETP––1,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Lieve Cuvelier

Director · since 12 mai 2015

Active
Thomas Puystjens

Director · since 12 mai 2015

Active

Ended mandates

Lieve Cuvelier

Administrator - manager · since 12 mai 2015

Ended
Lieve Cuvelier

Manager · since 12 mai 2015

Ended
Thomas Puystjens

Administrator - manager · since 12 mai 2015

Ended
Thomas Puystjens

Manager · since 12 mai 2015

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202601/07/202523/07/202417/07/202319/07/202228/07/2021
General meeting24/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202601/07/2026DutchPDF
Abridged model31/12/202430/06/202501/07/2025DutchPDF
Abridged model31/12/202330/06/202423/07/2024DutchPDF
Abridged model31/12/202230/06/202317/07/2023DutchPDF
Abridged model31/12/202130/06/202219/07/2022DutchPDF
Abridged model31/12/202030/06/202128/07/2021DutchPDF
Micro model31/12/201930/06/202030/07/2020DutchPDF
Micro model31/12/201830/06/201901/07/2019DutchPDF
Micro model31/12/201730/06/201802/07/2018DutchPDF
Abridged model31/12/201630/06/201729/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2025 · 2 active · 6 ended

Active mandates

Lieve Cuvelier

Director · since 12 mai 2015

Active
Thomas Puystjens

Director · since 12 mai 2015

Active

Ended mandates

Lieve Cuvelier

Administrator - manager · since 12 mai 2015

Ended
Lieve Cuvelier

Manager · since 12 mai 2015

Ended
Thomas Puystjens

Administrator - manager · since 12 mai 2015

Ended
Thomas Puystjens

Manager · since 12 mai 2015

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/11/2023
    WIJZIGING RECHTSVORM - DOEL
    PDF
  • Registered office09/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other15/05/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2025
    Annual accounts 2025362,1 k €↓
  2. 2024
    Annual accounts 2024456,5 k €↑
  3. 2023
    Annual accounts 2023445,6 k €↑
  4. 2022
    Annual accounts 202238,3 k €↓
  5. 2021
    Annual accounts 2021120,8 k €↓
  6. 2018
    Annual accounts 2018150,1 k €↑
  7. 2017
    Annual accounts 201762,2 k €↓
  8. 2016
    Annual accounts 201667,1 k €
  9. 12/05/2015
    IncorporationPrivate limited company