FORLIFE
ActiveSummary
FORLIFE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€46,959) and a net result of €16,763. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €6,865 | - | - |
| Other operating charges640/8 | - | - | - | €348 | €385 | ▲ 10.7% |
| Gross operating margin9900 | -€6,104 | -€560 | -€16,016 | -€5,230 | €17,289 | ▲ 431% |
| Operating profit (loss)9901 | -€6,104 | -€908 | -€16,016 | -€5,577 | €16,904 | ▲ 403% |
| Financial income75/76B | - | - | - | - | €2 | - |
| Recurring financial income75 | €1 | - | - | - | €2 | - |
| Financial charges65/66B | - | - | €164 | €110 | €143 | ▲ 30.2% |
| Recurring financial charges65 | €56 | €85 | €164 | €110 | €143 | ▲ 30.2% |
| Profit (loss) for the period before taxes9903 | -€6,159 | -€993 | -€16,181 | -€5,688 | €16,763 | ▲ 395% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€6,159 | -€993 | -€16,181 | -€5,688 | €16,763 | ▲ 395% |
| Profit (loss) for the period to be appropriated9905 | -€6,159 | -€993 | -€16,181 | -€5,688 | €16,763 | ▲ 395% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €439 | €618 | €727 | €435 | €9,541 | ▲ 2,092% |
| Current assets29/58 | €439 | €618 | €727 | €435 | €9,541 | ▲ 2,092% |
| Amounts receivable within one year40/41 | - | - | - | €11 | €8,735 | ▲ 80,332% |
| Trade receivables40 | - | - | - | €11 | €8,400 | ▲ 77,248% |
| Other amounts receivable41 | - | - | - | - | €335 | - |
| Cash at bank and in hand54/58 | €376 | €555 | €664 | €348 | €663 | ▲ 90.4% |
| Deferred charges and accrued income490/1 | - | - | €63 | €76 | €143 | ▲ 87.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €439 | €618 | €727 | €435 | €9,541 | ▲ 2,092% |
| Equity10/15 | -€40,861 | -€41,854 | -€58,034 | -€63,722 | -€46,959 | ▲ 26.3% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€59,461 | -€60,454 | -€76,634 | -€82,322 | -€65,559 | ▲ 20.4% |
| Amounts payable17/49 | €41,299 | €42,471 | €58,762 | €64,157 | €56,500 | ▼ 11.9% |
| Amounts payable within one year42/48 | €41,299 | €42,471 | €58,762 | €64,157 | €56,500 | ▼ 11.9% |
| Financial debts43 | - | - | €17 | - | - | - |
| Credit institutions430/8 | - | - | €17 | - | - | - |
| Trade debts44 | - | - | €17 | €79 | - | - |
| Suppliers440/4 | - | - | €17 | €79 | - | - |
| Other amounts payable47/48 | - | - | €58,728 | €64,079 | €56,500 | ▼ 11.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,159 | -€993 | -€16,181 | -€5,688 | €16,763 | ▲ 395% |
| Operating cash flow (approximation) | -€6,159 | -€993 | -€16,181 | -€5,688 | €16,763 | ▲ 395% |
| Change in cash | - | €179 | €110 | -€316 | €315 | ▲ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0253/02F000 | Brussels | 1.3 ha | 1 · 1.1 ha | 34.4 m · 2 fl. |
| 22003C0227/00D005 | Flanders | 479 m² | 1 · 98 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.