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LIFE MEMORIES

Active
Private limited company (pre-2019)founded 2018active for 7 yearsRue Léon Herbo(TEM) 27, 7520 Tournai, BelgiumKBO/BCE: BE 0713.589.111

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

LIFE MEMORIES has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,185 and a net result of €2,307. Equity has been shrinking by about 2.6% per year since 2019. Its solvency ranks better than 56% of 2,865 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 15-11-2018 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Rue Léon Herbo(TEM) 27, 7520 Tournai
Activity
Other amusement and recreation activities NACE 93299and 6 others
Establishment units
2.281.770.095 7520 Tournai, since 15-11-2018
2.324.889.367 7711 Mouscron, since 01-11-2019
Financial year end
31 December
Peppol
Reachable since 14-10-2025

Board and ownership

Board
  • MOTTE NicolasDirector · since 14-11-2018
  • VANHULLE CélineDirector · since 14-11-2018

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€16,624
Turnover
≈ €90,000
estimated
Profit
€2,307
Equity
€17,185
▲ 15.5%
Total assets
€50,157
▼ 19.6%
Staff
≈ 0 FTE
estimated
2025 accounts filed 38 days after the deadline
Filed on 07-09-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 38 days late; 2 of the last 3 accounts lateSize: total assets €50,157lowers riskSector: Sports, amusement and recreation activities (NACE 93)Liquidity: current ratio 1.37, cash €10,612Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in sports and recreation (NACE 93)
Financial strength · tick: 2024
Strong
Solvency 59+10
equity 34.3% of total assets
Liquidity 60+29
short-term debt 36.6% · cash 21.2%
Profitability 74+74
return on assets 4.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,266 companies, NACE 93, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.4 percentage points vs 07-2025 09-2025: 1.0%▼ -0.4 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -1.5 percentage points vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.28 in 2024), below the usual 1.5. Short-term debt is 36.6% and cash 21.2% of total assets. 65.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 55% of them on solvency, 66% on liquidity, 59% on profitability and 66% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Last filed accounts filed 38 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.37, cash €10,612
NBB · annual accounts
raises risk · Size: total assets €50,157
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
38 days late
2024
7 days late
2023
84 days late
2022
136 days late
2021
208 days late
2020
495 days late
2019
80 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 150 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 October (4 of the last 5 filed years within 78 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about LIFE MEMORIES

What is the company number of LIFE MEMORIES?
The company number of LIFE MEMORIES is 0713.589.111. The VAT number is the same number with BE in front: BE 0713.589.111.
Where is LIFE MEMORIES based?
The registered office is at Rue Léon Herbo(TEM) 27, 7520 Tournai.Company details
What does LIFE MEMORIES do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of LIFE MEMORIES?
The legal form of LIFE MEMORIES is Private limited company (pre-2019) (BVBA).
When was LIFE MEMORIES founded?
LIFE MEMORIES was founded on 15-11-2018.
Is LIFE MEMORIES still active?
Yes, LIFE MEMORIES is an active enterprise in the KBO register.
What is the turnover of LIFE MEMORIES?
The turnover in financial year 2025 is ≈ €90,000. This figure is estimated from the gross margin of €16,624 and 47 comparable companies (NACE 93). It probably lies between €51,000 and €180,000. It is a rough estimate.Financials
Is LIFE MEMORIES profitable?
In financial year 2025, LIFE MEMORIES made a profit of €2,307.
Where can I find the annual accounts of LIFE MEMORIES?
LIFE MEMORIES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of LIFE MEMORIES due?
LIFE MEMORIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as LIFE MEMORIES: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €39,900 and €57,800, founded between 2017 and 2019.

CompanyTotal assetsGross margin
LIFE MEMORIES Tournai€50,157€16,624
Hapili Events Antwerpen€39,948€16,491
Breakout Meix-devant-Virton€44,236€12,570
POPY AVENTURES Amay€45,586€14,672
YACHT CLUB D'ERQUELINNES Erquelinnes€47,039€7,825
DI ROBERTO Sint-Joost-ten-Node€49,696€24,761
MEYSKENS Gent€57,821€11,551
Full comparison

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