Skip to content

LEADLIFE

Active
Private limited companyfounded 20196 yrs activeZwaanhofweg 10, 8900 Ieper, BelgiumKBO/BCE: BE 0737.913.939
Summary

LEADLIFE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€7.7m) and a net result of -€2.5m. Equity is shrinking by ~73.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 2151 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.18 in 2023; short-term debt: 132.8% and cash: 2.8% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-618.6%
Return on assets
-197.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€7.7m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
78 d late
2023
120 d late
2022
21 d early
2021
17 d early
2020
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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

History

LEADLIFE was incorporated on 21 November 2019 as a Private limited company.1 Total assets fell from EUR 1.9 million in 2020 to EUR 1.2 million in 2024 and headcount from 1.6 to 4.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
-€7.7m▼ 46.9%
2023 · -€5.2m
Total assets
€1.2m▼ 30.8%
2023 · €1.8m
Net result
-€2.5m▼ 0.5%
2023 · -€2.4m
Working capital
-€1.3m▼ 20.1%
2023 · -€1.1m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€753,749--€1.1m▼ 49.0%-€1.7m▼ 51.5%-€2.0m▼ 14.9%-€2.0m▼ 1.6%
Net result-€772,444--€1.2m▼ 54.1%-€1.8m▼ 53.6%-€2.4m▼ 33.5%-€2.5m▼ 0.5%
Equity€227,556--€962,967-€2.8m▼ 190%-€5.2m▼ 87.4%-€7.7m▼ 46.9%
Total assets€1.9m-€1.9m▲ 1.6%€1.8m▼ 6.9%€1.8m▼ 0.9%€1.2m▼ 30.8%
Debt€1.7m-€2.9m▲ 72.5%€4.6m▲ 58.3%€6.9m▲ 49.1%€8.9m▲ 30.1%
Working capital-€118,123--€117,053▲ 0.9%-€487,481▼ 316%-€1.1m▼ 122%-€1.3m▼ 20.1%
Staff (FTE)1.6-1.8▲ 12.5%3.2▲ 77.8%4.6▲ 43.8%4.2▼ 8.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€3.0m-€2.0m-€1.0m€0Operating result 2020: -€753,749-€753,749Net result 2020: -€772,444-€772,444Operating result 2021: -€1.1m-€1.1mNet result 2021: -€1.2m-€1.2mOperating result 2022: -€1.7m-€1.7mNet result 2022: -€1.8m-€1.8mOperating result 2023: -€2.0m-€2.0mNet result 2023: -€2.4m-€2.4mOperating result 2024: -€2.0m-€2.0mNet result 2024: -€2.5m-€2.5m20202021202220232024-€3m-€2m-€1m€0Operating result 2022: -€1.7m-€1.7mNet result 2022: -€1.8m-€1.8mOperating result 2023: -€2.0m-€2mNet result 2023: -€2.4m-€2.4mOperating result 2024: -€2.0m-€2mNet result 2024: -€2.5m-€2.5m202220232024
The operating result stays negative: a loss of €2.0m in 2024 against €2.0m in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets €891,195 ▼ 43.0%
Current assets €351,247 ▲ 52.1%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1.7m▼
2023 · -€1.7m
Cash flow
-€2.2m▼
2023 · -€2.1m
Solvency
-618.6%▼
2023 · -291.4%
Current ratio
0.21▲
2023 · 0.18
Debt to equity
-1.16▲
2023 · -1.31
ROA
-197.5%▼
2023 · -136.0%
Interest coverage
-3.62▲
2023 · -5.10
Debt ≤ 1 year
€1.6m▲
2023 · €1.3m
Debt > 1 year
€7.2m▲
2023 · €5.4m
Income taxes
€755▼
2023 · €163,557
Staff costs
€377,163▲
2023 · €330,314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 6,035 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.8m€1.2m▼
Fixed assets21/28€1.6m€891,195▼
Intangible fixed assets21€555,060-
Tangible fixed assets22/27€1.0m€891,195▼
Plant, machinery and equipment23€17,520€11,853▼
Furniture and vehicles24€52,060€20,431▼
Other tangible fixed assets26€939,716€858,912▼
Current assets29/58€230,908€351,247▲
Amounts receivable within one year40/41€125,554€253,930▲
Trade receivables40€68,256€250,956▲
Other amounts receivable41€57,298€2,974▼
Cash at bank and in hand54/58€43,035€34,203▼
Deferred charges and accrued income490/1€62,319€63,113▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.2m▼
Equity10/15-€5.2m-€7.7m▼
Contributions10/11€1.0m€1.0m=
Profit (loss) carried forward14-€6.2m-€8.7m▼
Provisions and deferred taxes16€163,557-
Provisions for liabilities and charges160/5€163,557-
Taxes161€163,557-
Amounts payable17/49€6.9m€8.9m▲
Amounts payable after more than one year17€5.4m€7.2m▲
Other amounts payable178/9€5.4m€7.2m▲
Amounts payable within one year42/48€1.3m€1.6m▲
Trade debts44€1.2m€1.6m▲
Suppliers440/4€1.2m€1.6m▲
Taxes, remuneration and social security45€98,005€55,657▼
Taxes450/3€24,974€8,856▼
Remuneration and social security454/9€73,031€46,801▼
Accrued charges and deferred income492/3€104,866€85,506▼
Income statement Code20232024
Remuneration, social security and pensions62€330,314€377,163▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€303,027€291,421▼
Other operating charges640/8€1,092€4,062▲
Non-recurring operating charges66A-€361,739
Gross operating margin9900-€1.3m-€950,204▲
Operating profit (loss)9901-€2.0m-€2.0m▼
Financial income75/76B€13€1▼
Recurring financial income75€13€1▼
Financial charges65/66B€323,446€468,259▲
Recurring financial charges65€323,446€468,259▲
Profit (loss) for the period before taxes9903-€2.3m-€2.5m▼
Income taxes67/77€163,557€755▼
Profit (loss) for the period9904-€2.4m-€2.5m▼
Profit (loss) for the period to be appropriated9905-€2.4m-€2.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6.2m-€8.7m▼
Profit (loss) brought forward from the previous period14P-€3.8m-€6.2m▼
Social balance
Average headcount (FTE)90874.64.2▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€119,674€204,889€330,314€377,163▲ 14.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,957€196,095€259,833€303,027€291,421▼ 3.8%
Other operating charges640/8-€729€2,201€1,092€4,062▲ 272%
Non-recurring operating charges66A----€361,739-
Gross operating margin9900-€596,546-€806,656-€1.2m-€1.3m-€950,204▲ 28.0%
Operating profit (loss)9901-€753,749-€1.1m-€1.7m-€2.0m-€2.0m▼ 1.6%
Financial income75/76B-€39€3€13€1▼ 94.8%
Recurring financial income75€0€39€3€13€1▼ 94.8%
Financial charges65/66B-€67,375€126,657€323,446€468,259▲ 44.8%
Recurring financial charges65€18,621€67,375€126,657€323,446€468,259▲ 44.8%
Profit (loss) for the period before taxes9903-€772,370-€1.2m-€1.8m-€2.3m-€2.5m▼ 7.7%
Income taxes67/77€73€33€554€163,557€755▼ 99.5%
Profit (loss) for the period9904-€772,444-€1.2m-€1.8m-€2.4m-€2.5m▼ 0.5%
Profit (loss) for the period to be appropriated9905-€772,444-€1.2m-€1.8m-€2.4m-€2.5m▼ 0.5%
Line20202021202220232024Change
Assets
Total assets20/58€1.9m€1.9m€1.8m€1.8m€1.2m▼ 30.8%
Fixed assets21/28€1.6m€1.7m€1.7m€1.6m€891,195▼ 43.0%
Intangible fixed assets21€262,591€440,412€551,481€555,060--
Tangible fixed assets22/27€1.3m€1.2m€1.1m€1.0m€891,195▼ 11.7%
Plant, machinery and equipment23-€28,853€23,187€17,520€11,853▼ 32.3%
Furniture and vehicles24-€123,467€84,893€52,060€20,431▼ 60.8%
Other tangible fixed assets26-€1.1m€1.0m€939,716€858,912▼ 8.6%
Current assets29/58€361,882€265,498€142,114€230,908€351,247▲ 52.1%
Amounts receivable within one year40/41€96,938€160,032€94,479€125,554€253,930▲ 102%
Trade receivables40-€89,145€34,139€68,256€250,956▲ 268%
Other amounts receivable41-€70,887€60,340€57,298€2,974▼ 94.8%
Cash at bank and in hand54/58€250,950€47,147€37,670€43,035€34,203▼ 20.5%
Deferred charges and accrued income490/1-€58,319€9,965€62,319€63,113▲ 1.3%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.9m€1.8m€1.8m€1.2m▼ 30.8%
Equity10/15€227,556-€962,967-€2.8m-€5.2m-€7.7m▼ 46.9%
Contributions10/11-€1.0m€1.0m€1.0m€1.0m=
Profit (loss) carried forward14-€772,444-€2.0m-€3.8m-€6.2m-€8.7m▼ 39.4%
Provisions and deferred taxes16---€163,557--
Provisions for liabilities and charges160/5---€163,557--
Taxes161---€163,557--
Amounts payable17/49€1.7m€2.9m€4.6m€6.9m€8.9m▲ 30.1%
Amounts payable after more than one year17€1.1m€2.3m€3.6m€5.4m€7.2m▲ 32.1%
Other amounts payable178/9-€2.3m€3.6m€5.4m€7.2m▲ 32.1%
Amounts payable within one year42/48€480,005€382,551€629,595€1.3m€1.6m▲ 25.7%
Trade debts44€455,970€345,943€570,191€1.2m€1.6m▲ 31.3%
Suppliers440/4-€345,943€570,191€1.2m€1.6m▲ 31.3%
Taxes, remuneration and social security45-€36,607€59,039€98,005€55,657▼ 43.2%
Taxes450/3-€10,096€14,855€24,974€8,856▼ 64.5%
Remuneration and social security454/9-€26,512€44,184€73,031€46,801▼ 35.9%
Other amounts payable47/48--€364---
Accrued charges and deferred income492/3-€224,673€330,388€104,866€85,506▼ 18.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€772,444-€1.2m-€1.8m-€2.4m-€2.5m▼ 0.5%
+ Depreciation and write-downs630€49,957€196,095€259,833€303,027€291,421▼ 3.8%
Operating cash flow (approximation)-€722,486-€994,428-€1.6m-€2.1m-€2.2m▼ 1.1%
Investment in fixed assets (approximation)--€323,977-€249,712-€198,744€381,739▲ 292%
Change in cash--€203,803-€9,477€5,365-€8,832▼ 265%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
17-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 78 days late
2024
31-12
Financial Weakest financial yearnet -€2.5m
Net result drops to -€2.5m, the lowest in the series.
28-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 120 days late
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Ieper · 2 establishment units since 2019
seat establishment All 2 establishment units on the map
Ground area
3.7 ha
Building footprint
4,939 m²
Volume, LiDAR
50,903 m³
2 parcels, Flanders · tallest building 34.5 m, ±4 floors. Linked by address, not a title deed.
88 companies at this address See who is registered here
2 establishment units
LEADLIFE
Zwaanhofweg 10, 8900 IeperComputing infrastructure, data processing, hosting and other information service activities
since 20192.296.971.381
Ghelamco Arena
Ottergemsesteenweg-Zuid 808C, 9000 GentOther business support services
since 20202.310.543.760
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0602/00T003 Flanders 3.2 ha 1 · 2,942 m² 34.5 m · 4 fl.
33305B1021/00D002 Flanders 5,629 m² 1 · 1,997 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group INTERNATIONAL REAL ESTATE SERVICES 17 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. INTERNATIONAL REAL ESTATE SERVICES 76.19%
  2. MEDICAL INTELLIGENCE HUB 90%
  3. LEADLIFE

Highest known parent: INTERNATIONAL REAL ESTATE SERVICES. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 92,623 EUR awarded · 77,623 EUR paid
Year Entries awardedpaid
2025 1 2,496 EUR2,496 EUR
2024 2 13,663 EUR14,353 EUR
2023 2 690 EUR60,000 EUR
2022 2 75,774 EUR774 EUR
Schemes
2 entries · 75,000 EUR · 60,000 EUR paid · Departement Economie, Wetenschap en Innovatie
2 entries · 13,955 EUR · 13,955 EUR paid · Departement Werk en Sociale Economie
3 entries · 3,668 EUR · 3,668 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 10,437 companies in sector 86995 we hold annual accounts for 886. 639 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
86995Nutrition and dietetics services
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0737913939
Also 9925:BE0737913939

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.