LIFE PROJECT
ActiveSummary
LIFE PROJECT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€302,169) and a net result of €5,657. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-29
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.26 against 2.03 in 2024; short-term debt: 22.1% and cash: 48.5% of total assets), but equity is negative.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2025Solvency, return and age of the figures
Solvency
-79%
Return on assets
1.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 14258 sector peers (2025).
NBB · sector comparisonPosition among 14258 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
31 d early
2023
30 d late
2022
27 d late
2021
32 d early
2020
37 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€302,169▲ 1.8%
2024 · -€307,827
Total assets
€382,345▲ 1.2%
2024 · €377,633
Net result
€5,657▼ 95.6%
2024 · €128,519
Working capital
€106,417▲ 20.7%
2024 · €88,174
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€29,781▼ 58.0%-€82,072▼ 176%-€52,422▲ 36.1%€129,039€5,980▼ 95.4%
Net result-€47,922below the sector's middle half▼ 38.5%-€88,045below the sector's middle half▼ 83.7%-€52,845below the sector's middle half▲ 40.0%€128,519above the sector's middle half€5,657within the sector's middle half▼ 95.6%
Equity-€295,456below the sector's middle half▼ 19.4%-€383,501below the sector's middle half▼ 29.8%-€436,346below the sector's middle half▼ 13.8%-€307,827below the sector's middle half▲ 29.5%-€302,169below the sector's middle half▲ 1.8%
Total assets€612,784within the sector's middle half▼ 2.3%€305,786within the sector's middle half▼ 50.1%€269,826within the sector's middle half▼ 11.8%€377,633within the sector's middle half▲ 40.0%€382,345within the sector's middle half▲ 1.2%
Debt€908,240▲ 3.8%€689,287▼ 24.1%€706,172▲ 2.4%€685,460▼ 2.9%€684,515▼ 0.1%
Working capital€15,755within the sector's middle half-€9,294within the sector's middle half-€73,995below the sector's middle half▼ 696%€88,174within the sector's middle half€106,417within the sector's middle half▲ 20.7%
Solvency-48.2%below the sector's middle half▼ 8.8pp-125.4%below the sector's middle half▼ 77.2pp-161.7%below the sector's middle half▼ 36.3pp-81.5%below the sector's middle half▲ 80.2pp-79.0%below the sector's middle half▲ 2.5pp
Current ratio1.03within the sector's middle half▲ 0.120.90within the sector's middle half▼ 0.130.30below the sector's middle half▼ 0.592.03within the sector's middle half▲ 1.732.26within the sector's middle half▲ 0.23
Return on assets (ROA)-7.8%below the sector's middle half▼ 2.3pp-28.8%below the sector's middle half▼ 21.0pp-19.6%below the sector's middle half▲ 9.2pp34.0%above the sector's middle half▲ 53.6pp1.5%within the sector's middle half▼ 32.6pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382,345
Fixed assets
€191,413 ▼ 6.2%
Current assets
€190,932 ▲ 10.0%
Key figures and ratios
EBITDA
€27,275▼
2024 · €158,145
Cash flow
€26,952▼
2024 · €157,626
Debt to equity
-2.27▼
2024 · -2.23
Interest coverage
97.41▼
2024 · 416.29
Debt ≤ 1 year
€84,515▼
2024 · €85,460
Debt > 1 year
€600,000=
2024 · €600,000
Income taxes
€43▼
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
2.4%
went bankrupt
3.2%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,379 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,830 | €38,265 | €36,447 | €29,107 | €21,295 | ▼ 26.8% |
| Other operating charges640/8 | €4,074 | €3,851 | €1,937 | €1,590 | €2,033 | ▲ 27.9% |
| Gross operating margin9900 | -€12,877 | -€39,956 | -€14,038 | €159,735 | €29,308 | ▼ 81.7% |
| Operating profit (loss)9901 | -€29,781 | -€82,072 | -€52,422 | €129,039 | €5,980 | ▼ 95.4% |
| Financial income75/76B | - | €0 | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | €0 | - | - |
| Financial charges65/66B | €18,042 | €5,853 | €291 | €380 | €280 | ▼ 26.3% |
| Recurring financial charges65 | €18,042 | €5,853 | €291 | €380 | €280 | ▼ 26.3% |
| Profit (loss) for the period before taxes9903 | -€47,823 | -€87,926 | -€52,713 | €128,659 | €5,700 | ▼ 95.6% |
| Income taxes67/77 | €99 | €120 | €132 | €140 | €43 | ▼ 69.2% |
| Profit (loss) for the period9904 | -€47,922 | -€88,045 | -€52,845 | €128,519 | €5,657 | ▼ 95.6% |
| Profit (loss) for the period to be appropriated9905 | -€47,922 | -€88,045 | -€52,845 | €128,519 | €5,657 | ▼ 95.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €612,784 | €305,786 | €269,826 | €377,633 | €382,345 | ▲ 1.2% |
| Fixed assets21/28 | €38,789 | €225,792 | €237,649 | €204,000 | €191,413 | ▼ 6.2% |
| Intangible fixed assets21 | - | - | €4,184 | €3,210 | €2,236 | ▼ 30.3% |
| Tangible fixed assets22/27 | €38,789 | €225,792 | €233,465 | €200,789 | €189,177 | ▼ 5.8% |
| Land and buildings22 | - | €107,035 | €103,705 | €100,375 | €97,042 | ▼ 3.3% |
| Plant, machinery and equipment23 | €328 | €83,488 | €102,052 | €90,109 | €79,280 | ▼ 12.0% |
| Furniture and vehicles24 | €15,012 | €19,638 | €19,892 | €10,305 | €12,856 | ▲ 24.8% |
| Other tangible fixed assets26 | €23,448 | €15,632 | €7,816 | - | - | - |
| Current assets29/58 | €573,995 | €79,994 | €32,177 | €173,634 | €190,932 | ▲ 10.0% |
| Stocks and contracts in progress3 | €566,153 | - | - | - | - | - |
| Stocks30/36 | €566,153 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €6,057 | €32,194 | €14,795 | €6,132 | €4,308 | ▼ 29.7% |
| Trade receivables40 | €4,731 | €26,153 | €12,374 | €5,385 | €4,304 | ▼ 20.1% |
| Other amounts receivable41 | €1,326 | €6,041 | €2,421 | €748 | €5 | ▼ 99.4% |
| Cash at bank and in hand54/58 | €1,202 | €46,211 | €15,489 | €166,598 | €185,273 | ▲ 11.2% |
| Deferred charges and accrued income490/1 | €583 | €1,589 | €1,893 | €903 | €1,351 | ▲ 49.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €612,784 | €305,786 | €269,826 | €377,633 | €382,345 | ▲ 1.2% |
| Equity10/15 | -€295,456 | -€383,501 | -€436,346 | -€307,827 | -€302,169 | ▲ 1.8% |
| Contributions10/11 | €37,500 | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Profit (loss) carried forward14 | -€332,956 | -€421,001 | -€473,846 | -€345,327 | -€339,669 | ▲ 1.6% |
| Amounts payable17/49 | €908,240 | €689,287 | €706,172 | €685,460 | €684,515 | ▼ 0.1% |
| Amounts payable after more than one year17 | €350,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Financial debts170/4 | €350,000 | €600,000 | €600,000 | €600,000 | €600,000 | = |
| Amounts payable within one year42/48 | €558,240 | €89,287 | €106,172 | €85,460 | €84,515 | ▼ 1.1% |
| Financial debts43 | €500,000 | - | - | - | - | - |
| Credit institutions430/8 | €500,000 | - | - | - | - | - |
| Trade debts44 | €3,001 | €21,150 | €8,886 | €427 | €1,758 | ▲ 312% |
| Suppliers440/4 | €3,001 | €21,150 | €8,886 | €427 | €1,758 | ▲ 312% |
| Advances received on contracts in progress46 | - | - | - | €2,097 | - | - |
| Taxes, remuneration and social security45 | €99 | €120 | €132 | €140 | €1,223 | ▲ 777% |
| Taxes450/3 | €99 | €120 | €132 | €140 | €1,223 | ▲ 777% |
| Other amounts payable47/48 | €55,140 | €68,017 | €97,155 | €82,796 | €81,533 | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,922 | -€88,045 | -€52,845 | €128,519 | €5,657 | ▼ 95.6% |
| + Depreciation and write-downs630 | €12,830 | €38,265 | €36,447 | €29,107 | €21,295 | ▼ 26.8% |
| Operating cash flow (approximation) | -€35,093 | -€49,780 | -€16,398 | €157,626 | €26,952 | ▼ 82.9% |
| Investment in fixed assets (approximation) | - | -€225,269 | -€48,304 | €4,543 | -€8,709 | ▼ 292% |
| Change in cash | - | €45,008 | -€30,722 | €151,110 | €18,675 | ▼ 87.6% |
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
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
Appointment: Tamara Hoffman (director)2 facts ▸
State Gazette act
Appointment: Tamara Hoffman (director)
2 facts ▸
- General meeting, 08-06-2026
- Director appointment, Tamara Hoffman (director)
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €128,519
Net result €128,519 after 6 loss-making years.
31-12
Financial
Liquidity times 7current ratio 2.03
Current ratio from 0.30 to 2.03; short-term debt falls from €106,172 to €85,460.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Weakest financial yearnet -€88,045
Net result drops to -€88,045, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2024
Tamara Hoffman
CurrentDirector · since 01-01-2024
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2014
Ground area
163 m²
Building footprint
125 m²
Volume, LiDAR
906 m³
Parcel 63079A1445/00E006, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LIFE PROJECT
since 20142.236.617.387
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A1445/00E006 | Wallonia | 163 m² | 1 · 125 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2024, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Tamara Hoffman |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Shareholding
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
73300Public relations and communication consultancy
68122Development of non-residential building projects
47559Retail sale of other household articles
47690Retail sale of other cultural and recreation goods
49330On-demand passenger transport by chauffeured vehicle
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
77229Renting and leasing of other personal and household goods
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0564889495
Registered
28-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.