Skip to content

LIF

Open bankruptcy
Private limited company (pre-2019)founded 2004Avenue Monseigneur 29, 1330 Rixensart, BelgiumKBO/BCE: BE 0870.082.575

A bankruptcy procedure is open for LIF according to publications in the Belgian State Gazette; curator: JEAN NOEL BASTENIERE.

Summary

The 2025 annual accounts show equity of €6,761 and a net result of -€472.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Walloon Brabant
Declared bankrupt
30 April 2026
Supervising judge
Milad Emdadi
Official Gazette
07-05-2026 (pdf) ↗search the document for 2026/119939

Deadlines

Appeal or third-party opposition until
passed on 22 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 30 May 2026art. XX.104 and XX.155 CEL
First verification report
passed on 11 June 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
30 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Put the card of LIF in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-07-2025, 205 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
205 d early
2024
31 d early
2023
173 d early
2022
139 d early
2021
35 d early
2020
34 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 94 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

On 19 November 2004, LIF was incorporated.1 Total assets went from EUR 23,479 in 2019 to EUR 250,843 in 2025.2 The company was declared bankrupt on 30 April 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025
  3. 3Belgian State Gazette, 07-05-2026

Go further with this company

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

Financials · fiscal year 2025, micro schema

Turnover
€0
2023 · €0
Total assets
€250,843▲ 42.0%
2024 · €176,669
Net result
-€472▼ 19.3%
2024 · -€396
Working capital
€6,761▼ 6.5%
2024 · €7,233
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
Line20212022202320242025
Turnover€0€0€0
Operating result-€1,094-€4,848▼ 343%-€7,408▼ 52.8%-€227▲ 96.9%-€104▲ 54.0%
Net result-€1,181-€5,010▼ 324%-€7,562▼ 50.9%-€396▲ 94.8%-€472▼ 19.3%
Equity€20,200▼ 5.5%€15,191▼ 24.8%€7,629▼ 49.8%€7,233▼ 5.2%€6,761▼ 6.5%
Total assets€150,264▼ 0.8%€150,980▲ 0.5%€155,188▲ 2.8%€176,669▲ 13.8%€250,843▲ 42.0%
Debt€130,064=€135,790▲ 4.4%€147,559▲ 8.7%€169,436▲ 14.8%€244,082▲ 44.1%
Working capital-€129,381▼ 6.5%-€135,507▼ 4.7%-€146,870▼ 8.4%€7,233€6,761▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€1,094-€1,094Net result 2021: -€1,181-€1,181Operating result 2022: -€4,848-€4,848Net result 2022: -€5,010-€5,010Operating result 2023: -€7,408-€7,408Net result 2023: -€7,562-€7,562Operating result 2024: -€227-€227Net result 2024: -€396-€396Operating result 2025: -€104-€104Net result 2025: -€472-€47220212022202320242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€7,408-€7,410Net result 2023: -€7,562-€7,560Operating result 2024: -€227-€227Net result 2024: -€396-€396Operating result 2025: -€104-€104Net result 2025: -€472-€472202320242025
The operating result stays negative: a loss of €104 in 2025 against €227 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €250,843
Equity €6,761 ▼ 6.5%
Debt €244,082 ▲ 44.1%
Debt's share of the balance-sheet total rises from 95.9% to 97.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.03▼
2024 · 1.04
Quick ratio
0.00▼
2024 · 0.01
Debt to equity
36.10▲
2024 · 23.42
ROE
-7.0%▼
2024 · -5.5%
ROA
-0.2%▲
2024 · -0.2%
Debt ≤ 1 year
€244,082▲
2024 · €169,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,669€250,843▲
Current assets29/58€176,669€250,843▲
Stocks and contracts in progress3€175,791€250,670▲
Stocks30/36€175,791€250,670▲
Amounts receivable within one year40/41€339€116▼
Other amounts receivable41€339€116▼
Cash at bank and in hand54/58€539€58▼
Equity and liabilities
Total equity and liabilities10/49€176,669€250,843▲
Equity10/15€7,233€6,761▼
Contributions10/11€45,000€45,000=
Profit (loss) carried forward14-€37,767-€38,239▼
Amounts payable17/49€169,436€244,082▲
Amounts payable within one year42/48€169,436€244,082▲
Financial debts43€169,436€244,082▲
Other loans439€169,436€244,082▲
Income statement Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€227-
Other operating charges640/8-€41
Gross operating margin9900-€227-€64▲
Operating profit (loss)9901-€227-€104▲
Financial charges65/66B€169€368▲
Recurring financial charges65€169€368▲
Profit (loss) for the period before taxes9903-€396-€472▼
Profit (loss) for the period9904-€396-€472▼
Profit (loss) for the period to be appropriated9905-€396-€472▼
Appropriation of the result
Profit (loss) to be appropriated9906-€37,767-€38,239▼
Profit (loss) brought forward from the previous period14P-€37,371-€37,767▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70-€0€0€0--
Goods, raw materials, services and sundry goods60/61-€4,608€7,169€227--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€428€239€239---
Other operating charges640/8----€41-
Gross operating margin9900-€666-€4,608-€7,169-€227-€64▲ 71.9%
Operating profit (loss)9901-€1,094-€4,848-€7,408-€227-€104▲ 54.0%
Financial charges65/66B-€162€154€169€368▲ 118%
Recurring financial charges65-€162€154€169€368▲ 118%
Profit (loss) for the period before taxes9903-€1,181-€5,010-€7,562-€396-€472▼ 19.3%
Profit (loss) for the period9904-€1,181-€5,010-€7,562-€396-€472▼ 19.3%
Profit (loss) for the period to be appropriated9905-€1,181-€5,010-€7,562-€396-€472▼ 19.3%
Line20212022202320242025Change
Assets
Total assets20/58€150,264€150,980€155,188€176,669€250,843▲ 42.0%
Fixed assets21/28€149,582€150,698€154,498---
Tangible fixed assets22/27€149,582€150,698€154,498---
Land and buildings22-€150,458€154,498---
Furniture and vehicles24-€239----
Current assets29/58€683€283€689€176,669€250,843▲ 42.0%
Stocks and contracts in progress3---€175,791€250,670▲ 42.6%
Stocks30/36---€175,791€250,670▲ 42.6%
Amounts receivable within one year40/41-€217€528€339€116▼ 65.9%
Other amounts receivable41-€217€528€339€116▼ 65.9%
Cash at bank and in hand54/58€683€66€161€539€58▼ 89.3%
Equity and liabilities
Total equity and liabilities10/49€150,264€150,980€155,188€176,669€250,843▲ 42.0%
Equity10/15€20,200€15,191€7,629€7,233€6,761▼ 6.5%
Contributions10/11€45,000€45,000€45,000€45,000€45,000=
Profit (loss) carried forward14-€24,800-€29,809-€37,371-€37,767-€38,239▼ 1.3%
Amounts payable17/49€130,064€135,790€147,559€169,436€244,082▲ 44.1%
Amounts payable within one year42/48€130,064€135,790€147,559€169,436€244,082▲ 44.1%
Financial debts43-€135,790€147,559€169,436€244,082▲ 44.1%
Other loans439-€135,790€147,559€169,436€244,082▲ 44.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,181-€5,010-€7,562-€396-€472▼ 19.3%
+ Depreciation and write-downs630€428€239€239---
Operating cash flow (approximation)-€753-€4,770-€7,323-€396-€472▼ 19.3%
Investment in fixed assets (approximation)--€1,355-€4,040---
Change in cash--€617€95€378-€481▼ 227%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
07-05
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 30-04-2026
2025
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
31-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Liquidity times 223current ratio 1.04
Current ratio from 0.00 to 1.04.
2023
11-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Weakest financial yearnet -€7,562
Net result drops to -€7,562, the lowest in the series.
2022
14-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
27-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Highest result since 2019net €3,880 ▲99,640%
Operating result €4,004, net result €3,880, both a record.
2019
19-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
14-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
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.

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

Directors · office · real estate

Directors
4 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, Rixensart · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
3,278 m²
Building footprint
217 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
JUST BE RICH
Rue de Rixensart 45A, 1332 RixensartManufacture of rubber and plastic products
since 20042.144.029.107
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25091F0455/00F000 Wallonia 3,012 m² 1 · 162 m² -
25033B0411/00H002 Wallonia 266 m² 1 · 55 m² -
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEAN NOEL BASTENIERE
CHAUSSEE DE LOUVAIN 241, 1410 WATERLOO
30-04-2026 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-11-2004
Fiscal year end30-06
Contact
E-mail bn359727@belgacom.netRixensart
Phone 0497/230161Rixensart
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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