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iLife

Active
Private limited companyfounded 200520 yrs activeHerkerstraat 15, 3500 Hasselt, BelgiumKBO/BCE: BE 0877.137.841

iLife has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €218k and a net result of €53k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+22
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.63 against 5.74 in 2023), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
40 d late
2022
58 d late
2021
57 d late
2020
24 d early
2019
70 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€218k▲ 15.3%
2023 · €189k
2018: €137k 2019: €131k 2020: €163k 2021: €187k 2022: €181k 2023: €189k
2018 → 2024
Total assets
€262k▲ 14.2%
2023 · €229k
2018: €194k 2019: €191k 2020: €192k 2021: €205k 2022: €197k 2023: €229k
2018 → 2024
Net result
€53k▲ 79.6%
2023 · €29k
2018: €24k 2019: €22k 2020: €32k 2021: €23k 2022: €21k 2023: €29k
2018 → 2024
Working capital
€201k▲ 7.1%
2023 · €188k
2018: €142k 2019: €133k 2020: €158k 2021: €182k 2022: €179k 2023: €188k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€163k-€187k▲ 14.4%€181k▼ 2.8%€189k▲ 4.2%€218k▲ 15.3%
Operating result€48k-€32k▼ 33.8%€27k▼ 16.9%€41k▲ 53.6%€73k▲ 77.7%
Net result€32k-€23k▼ 26.4%€21k▼ 12.0%€29k▲ 42.7%€53k▲ 79.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €48k€48kNet result 2020: €32k€32kOperating result 2021: €32k€32kNet result 2021: €23k€23kOperating result 2022: €27k€27kNet result 2022: €21k€21kOperating result 2023: €41k€41kNet result 2023: €29k€29kOperating result 2024: €73k€73kNet result 2024: €53k€53k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 78% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €262k
Fixed assets €17k▲ 978%
Current assets €245k▲ 7.5%
Equity and liabilities €262k
Equity €218k▲ 15.3%
Debt €44k▲ 9.3%
The debt ratio falls from 17.6% to 16.8%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€75k
2023 · €42k
Cash flow
€55k
2023 · €31k
Solvency
83.2%
2023 · 82.4%
Current ratio
5.63
2023 · 5.74
Quick ratio
5.63
2023 · 5.74
Debt / equity
0.20
2023 · 0.21
ROE
24.3%
2023 · 15.6%
ROA
20.2%
2023 · 12.9%
Interest coverage
75.91
2023 · 41.67
Debt
€44k
2023 · €40k
Debt ≤ 1 year
€43k
2023 · €40k
Income taxes
€20k
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€229k€262k
Fixed assets21/28€2k€17k
Tangible fixed assets22/27€2k€17k
Furniture and vehicles24€2k€2k
Other tangible fixed assets26-€15k
Current assets29/58€228k€245k
Amounts receivable after more than one year29€60k€45k
Trade receivables290€60k€45k
Amounts receivable within one year40/41€73k€72k
Trade receivables40€72k€72k
Other amounts receivable41€1k€354
Cash at bank and in hand54/58€95k€128k
Deferred charges and accrued income490/1€0€247
Equity and liabilities
Total equity and liabilities10/49€229k€262k
Equity10/15€189k€218k
Contributions10/11€6k€6k=
Reserves13€183k€212k
Distributable reserves133€183k€212k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€40k€44k
Amounts payable within one year42/48€40k€43k
Trade debts44€558€2k
Suppliers440/4€558€2k
Taxes, remuneration and social security45€28k€38k
Taxes450/3€28k€38k
Other amounts payable47/48€11k€3k
Accrued charges and deferred income492/3€623€617
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€982€449
Gross operating margin9900€43k€75k
Operating profit (loss)9901€41k€73k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€1k€987
Recurring financial charges65€1k€987
Profit (loss) for the period before taxes9903€42k€73k
Income taxes67/77€12k€20k
Profit (loss) for the period9904€29k€53k
Profit (loss) for the period to be appropriated9905€29k€53k
Appropriation of the result
Profit (loss) to be appropriated9906€29k€53k
Transfer from equity791/2€22k€24k
Transfer to equity691/2€29k€53k
To other reserves6921€29k€53k
Profit to be distributed694/7€22k€24k
Return on contributions (dividend)694€22k€24k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Highest result since 2018net €53k ▲79.6%
Operating result €73k, net result €53k, both a record.
31-12
Financial Equity above €200kEq €218k ▲15.3%
7 profitable years in a row build equity to €218k.
09-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
27-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial Weakest financial yearnet €21k ▼12%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
26-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity doublescurrent ratio 6.58
Current ratio from 3.29 to 6.58; short-term debt falls from €58k to €28k.
31-12
Financial Equity above €150kEq €163k ▲24.3%
3 profitable years in a row build equity to €163k.
09-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
04-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
682 m²
Building footprint
132 m²
Volume, LiDAR
712 m³
Parcel 71324E0725/00P007, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IT Guard
Herkerstraat 15, 3500 HasseltManufacture of rubber and plastic products
since 20052.150.917.590
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0725/00P007 Flanders 682 m² 1 · 132 m² 9.5 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,119 companies in sector 46500 we hold annual accounts for 1,399. 1,076 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-11-2005
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:robbie@basex.be
Enterprise
Phone:+32479259252
Enterprise