ACTIVE

LYTHO

Financial year 2025 · closed on 31/12/2025
Net result
408,2 k €
+18.1% YoY
Gross margin
843,2 k €
+31.1% YoY
Equity
661,3 k €
+51.8% YoY
Workforce
5,6 ETP
+27.3% YoY

What does LYTHO do?

LYTHO is a Private limited company incorporated in 2020. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Houthalen-Helchteren. It employs on average 5,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0757.765.681
Incorporation
03/11/2020
Legal form
Private limited company
Registered office
Geerstraat 2
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin843,2 k €643,4 k €569 k €355,9 k €251,6 k €
EBITDA563,8 k €460,3 k €358,1 k €249,7 k €251,2 k €
Operating result497,1 k €420,8 k €310,7 k €211,7 k €224,7 k €
Net result408,2 k €345,6 k €254,5 k €182,8 k €199,5 k €
Balance sheet
Equity661,3 k €435,7 k €272,5 k €170,4 k €110,1 k €
Total assets1,8 M €1,3 M €915,6 k €758,6 k €428,8 k €
Cash460,5 k €591 k €444,2 k €239 k €164,5 k €
Debts1,2 M €871,4 k €643,1 k €588,2 k €318,7 k €
Other
Workforce5,6 ETP4,4 ETP3,0 ETP2,4 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 · 4 active · 8 ended

Active mandates

IG man

Director · since 06 mars 2026 · 1035.217.058

Represented by Ivano Galasso

Active
GIBMI

Director · since 01 mai 2023 · until 06 mars 2026 · 0737.987.381

Represented by Ivano Galasso

Active
JETHO

Director · since 07 janvier 2022 · 0779.854.462

Represented by Jurgen Maes

Active
NVS Accounting

Director · since 07 janvier 2022 · 0779.854.363

Represented by Nick Vanschoubroeck

Active

Ended mandates

GIBMI

Director · since 01 mai 2023 · 0737.987.381

Represented by Ivano Galasso

Ended
GIBMI

Director · since 01 mai 2023 · 0737.987.381

Represented by Ivano Galasso

Ended
JETHO

Director · since 07 janvier 2022 · 0779.854.462

Represented by JURGEN MAES

Ended
NVS Accounting

Director · since 07 janvier 2022 · 0779.854.363

Represented by NICK VANSCHOUBROECK

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202203/11/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months14 months
Filing date25/06/202620/06/202521/06/202406/07/202318/08/2022
General meeting18/06/202619/06/202520/06/202422/06/202323/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202625/06/2026DutchPDF
Abridged model31/12/202419/06/202520/06/2025DutchPDF
Abridged model31/12/202320/06/202421/06/2024DutchPDF
Abridged model31/12/202222/06/202306/07/2023DutchPDF
Micro model31/12/202123/06/202218/08/2022DutchPDF
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 · 4 active · 8 ended

Active mandates

IG man

Director · since 06 mars 2026 · 1035.217.058

Represented by Ivano Galasso

Active
GIBMI

Director · since 01 mai 2023 · until 06 mars 2026 · 0737.987.381

Represented by Ivano Galasso

Active
JETHO

Director · since 07 janvier 2022 · 0779.854.462

Represented by Jurgen Maes

Active
NVS Accounting

Director · since 07 janvier 2022 · 0779.854.363

Represented by Nick Vanschoubroeck

Active

Ended mandates

GIBMI

Director · since 01 mai 2023 · 0737.987.381

Represented by Ivano Galasso

Ended
GIBMI

Director · since 01 mai 2023 · 0737.987.381

Represented by Ivano Galasso

Ended
JETHO

Director · since 07 janvier 2022 · 0779.854.462

Represented by JURGEN MAES

Ended
NVS Accounting

Director · since 07 janvier 2022 · 0779.854.363

Represented by NICK VANSCHOUBROECK

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/11/2020
    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 2025408,2 k €
  2. 2024
    Annual accounts 2024345,6 k €
  3. 2023
    Annual accounts 2023254,5 k €
  4. 2022
    Annual accounts 2022182,8 k €
  5. 2021
    Annual accounts 2021199,5 k €
  6. 03/11/2020
    IncorporationPrivate limited company