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LIFE - SYSTEMS

Active
Private limited companyfounded 198936 yrs activeRederskaai 7, 8380 Brugge, BelgiumKBO/BCE: BE 0438.762.969
Summary

LIFE - SYSTEMS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. 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 computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch ReportCompare
LIFE - SYSTEMSActiveChecked score 59/100
Risk analysis ReportCompare

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)
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Accounts filed 31 d late1 of 5 deeds read
Why 59- Annual accounts: weaker financial profile- Higher-failure-rate sector- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency11▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
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.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
-14.1%
Return on assets
254.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 comparison
Position 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 filings
Deviation 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 months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€1,880 View
  • Caution: Among the weakest 10% on solvencysector median 43.7% · 8,741 companies -14.1% View
  • Active since 1989founded 25-10-1989 36 years View

By topic

Financials

Fiscal year
2025
Total assets
€13,306
Profit
€33,804
Solvency
-14.1%
Total assets▼ 65.0%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 08-09-2026Registered office
  2. 31-08-2026Annual accounts filed
  3. 12-09-2025Annual accounts filed
Go to Timeline

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
Go to Company details

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