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Life Projects

Active
Private limited companyfounded 2021active for 5 yearsDrapstraat 13, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0772.489.786
Summary

Life Projects has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,769) and a net result of €603. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 20,461 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Physiotherapy
NACE 86951
1 site
Size
€98,913total assets 2025
Equity
-€3,769
Profit
€603
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 49 days early1 of 3 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€3,769lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 11.08, cash €78,827Size: total assets €98,913Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 86, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 21+2
equity -3.8% of total assets
Liquidity 100+10
short-term debt 9.0% · cash 79.7%
Profitability 42-17
return on assets 0.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (24,011 companies, NACE 86, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
No credit on open account
Liquidity ample (current ratio 11.08, compared with 4.0 in 2024; short-term debt: 9% and cash: 79.7% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 86, micro): better than 3% on solvency, 95% on liquidity, 7% on profitability and 57% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 11.08, cash €78,827
NBB · annual accounts
raises risk · Negative equity -€3,769
NBB · annual accounts
lowers risk · Size: total assets €98,913
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 20461 sector peers (2025).
NBB · sector comparison
Position among 20461 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 12-06-2026, 49 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
49 days early
2024
38 days early
2023
21 days late
2022
87 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 38 days before the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% 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 18 June (3 of the last 4 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BV Wyser (non-statutory director)Permanent representative: Elke Wilssens ·…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Back to profitnet €603

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€3,769 View
  • Caution: Among the weakest 5% on solvencysector median 63.3% · 20,461 companies -3.8% View
  • A director leftlatest change 31-08-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€98,913
Profit
€603
Solvency
-3.8%
Total assets▲ 30.7%
Net result
20222025
Go to Financials

Timeline

Events
9
Since
2023
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity more than doubles
  2. 23-06-2025Annual accounts filed
  3. 31-12-2024Liquidity more than doubles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
PhysiotherapyNACE 86951
Founded
12-08-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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