Financials
- Fiscal year
- 2025
- Total assets
- €13,306
- Profit
- €33,804
- Solvency
- -14.1%
Total assets▼ 65.0%
Net result
20182025
LIFE - SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of LIFE - SYSTEMS is 3.8% (moderate). The 2025 annual accounts show negative equity (-€1,880) and a net result of €33,804. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 8741 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Non-specialised wholesale trade
NACE 46900NACE 51900
1 site
How big
€13,306total assets 2025
- Equity
- -€1,880
- Profit
- €33,804
Turnover not published (abridged schema)
Who decides
Accounts filed 31 d late1 of 5 deeds read
Why 50- 2 changes of registered office in 24 months- Negative equity -€1,880- Latest accounts 31 days late; 2 of the last 3 late+ Size: total assets €13,306Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 63% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
11+11
equity -14.1% of total assets
Liquidity
50+21
short-term debt 114.1% · cash 65.5%
Profitability
100=
return on assets 254.1%
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
- 2 changes of registered office in 24 months raises the probability
- Negative equity -€1,880 raises the probability
- Size: total assets €13,306 lowers the probability for this profile
- Latest accounts 31 days late; 2 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.84 against 0.51 in 2024; short-term debt: 114.1% and cash: 65.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 13%, liquidity 51%, profitability 95%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8741 sector peers (2025).
NBB · sector comparisonPosition among 8741 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
43 d late
2023
50 d early
2022
12 d early
2021
5 d early
2020
31 d late
2019
25 d late
← 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 9 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 26 July (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 08-09-2026Registered office
- 31-08-2026Annual accounts filed
- 12-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised wholesale tradeNACE 46900
- Founded
- 25-10-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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