LIFE TIME CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of LIFE TIME CONSTRUCT is 2.7% (moderate). For LIFE TIME CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €75,614 and a net result of €6,103. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 33673 sector peers (fiscal year 2023). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability49▼-18
Solvency83▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2023Solvency, return and age of the figures
Solvency
57.7%
Return on assets
4.7%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-09-2024, 39 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
39 d late
2022
134 d late
2021
92 d late
2020
107 d late
2019
138 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 102 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
€208,730
EBIT margin
5.8%
Net result
€6,103▼ 55.4%
2022 · €13,676
Working capital
€74,804▲ 7.4%
2022 · €69,682
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover
Operating result€12,683▲ 3.9%€8,367▼ 34.0%€5,947▼ 28.9%€17,350▲ 192%€6,702▼ 61.4%
Net result€7,038▼ 23.5%€5,512▼ 21.7%€4,702▼ 14.7%€13,676▲ 191%€6,103▼ 55.4%
EBIT margin
Equity€45,621▲ 18.2%€51,133▲ 12.1%€55,835▲ 9.2%€69,511▲ 24.5%€75,614▲ 8.8%
Total assets€92,471▼ 0.4%€141,194▲ 52.7%€144,684▲ 2.5%€117,649▼ 18.7%€131,134▲ 11.5%
Debt€46,850▼ 3.5%€90,061▲ 92.2%€88,848▼ 1.3%€48,137▼ 45.8%€55,520▲ 15.3%
Working capital€42,471▲ 6.9%€49,633▲ 16.9%€56,006▲ 12.8%€69,682▲ 24.4%€74,804▲ 7.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 61% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €131,134
Fixed assets
€810
Current assets
€130,324
Equity and liabilities €131,134
Equity
€75,614 ▲ 8.8%
Debt
€55,520 ▲ 15.3%
Debt's share of the balance-sheet total rises from 40.9% to 42.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.35▼
2022 · 2.45
Debt to equity
0.73▲
2022 · 0.69
ROE
8.1%▼
2022 · 19.7%
ROA
4.7%▼
2022 · 11.6%
Debt ≤ 1 year
€55,520▲
2022 · €47,967
Income taxes
€2,165▼
2022 · €3,757
Staff costs
€325
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €325 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,450 | €1,650 | €1,500 | - | - | - |
| Other operating charges640/8 | - | - | €1,075 | €4,346 | €2,206 | ▼ 49.2% |
| Gross operating margin9900 | €18,193 | €12,414 | €8,522 | €21,697 | €9,233 | ▼ 57.4% |
| Operating profit (loss)9901 | €12,683 | €8,367 | €5,947 | €17,350 | €6,702 | ▼ 61.4% |
| Financial income75/76B | - | - | €331 | €486 | €1,987 | ▲ 309% |
| Recurring financial income75 | €680 | €525 | €331 | €486 | €1,987 | ▲ 309% |
| Financial charges65/66B | - | - | €156 | €403 | €422 | ▲ 4.7% |
| Recurring financial charges65 | €10,362 | €1,759 | €156 | €403 | €422 | ▲ 4.7% |
| Profit (loss) for the period before taxes9903 | €8,183 | €7,133 | €6,122 | €17,433 | €8,267 | ▼ 52.6% |
| Income taxes67/77 | €1,145 | €1,621 | €1,420 | €3,757 | €2,165 | ▼ 42.4% |
| Profit (loss) for the period9904 | €7,038 | €5,512 | €4,702 | €13,676 | €6,103 | ▼ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €7,038 | €5,512 | €4,702 | €13,676 | €6,103 | ▼ 55.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,471 | €141,194 | €144,684 | €117,649 | €131,134 | ▲ 11.5% |
| Fixed assets21/28 | €3,150 | €1,500 | - | - | €810 | - |
| Tangible fixed assets22/27 | €3,150 | €1,500 | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €810 | - |
| Current assets29/58 | €89,321 | €139,694 | €144,684 | €117,649 | €130,324 | ▲ 10.8% |
| Amounts receivable after more than one year29 | - | - | €10,500 | €32,789 | €42,210 | ▲ 28.7% |
| Trade receivables290 | - | - | €10,500 | €32,789 | €42,210 | ▲ 28.7% |
| Amounts receivable within one year40/41 | €55,664 | €121,356 | €133,543 | €82,756 | €86,921 | ▲ 5.0% |
| Trade receivables40 | - | - | €124,354 | €79,527 | €85,164 | ▲ 7.1% |
| Other amounts receivable41 | - | - | €9,188 | €3,229 | €1,757 | ▼ 45.6% |
| Cash at bank and in hand54/58 | €7,657 | €2,338 | €641 | €2,104 | €1,193 | ▼ 43.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,471 | €141,194 | €144,684 | €117,649 | €131,134 | ▲ 11.5% |
| Equity10/15 | €45,621 | €51,133 | €55,835 | €69,511 | €75,614 | ▲ 8.8% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €37,561 | €43,073 | €47,775 | €61,451 | €67,554 | ▲ 9.9% |
| Amounts payable17/49 | €46,850 | €90,061 | €88,848 | €48,137 | €55,520 | ▲ 15.3% |
| Amounts payable within one year42/48 | €46,850 | €90,061 | €88,678 | €47,967 | €55,520 | ▲ 15.7% |
| Trade debts44 | €41,673 | €80,329 | €80,245 | €42,790 | €49,599 | ▲ 15.9% |
| Suppliers440/4 | - | - | €80,245 | €42,790 | €49,599 | ▲ 15.9% |
| Taxes, remuneration and social security45 | - | - | €7,947 | €5,177 | €5,921 | ▲ 14.4% |
| Taxes450/3 | - | - | €7,947 | €5,177 | €5,921 | ▲ 14.4% |
| Other amounts payable47/48 | - | - | €485 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €171 | €171 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,038 | €5,512 | €4,702 | €13,676 | €6,103 | ▼ 55.4% |
| + Depreciation and write-downs630 | €1,450 | €1,650 | €1,500 | - | - | - |
| Operating cash flow (approximation) | €8,488 | €7,162 | €6,202 | €13,676 | €6,103 | ▼ 55.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | -€5,319 | -€1,697 | €1,463 | -€910 | ▼ 162% |
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
2024
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 39 days late
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
31-12
Financial
Highest result since 2018net €13,676 ▲191%
Operating result €17,350, net result €13,676, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet €4,702 ▼14.7%
Net result drops to €4,702, the lowest in the series; recovery starts the following year.
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2015
Ground area
3,399 m²
Building footprint
900 m²
Volume, LiDAR
51,912 m³
Parcel 21306C0111/00E000, Brussels · tallest building 63.7 m, ±19 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
1 establishment unit
LIFE TIME CONSTRUCT
since 20152.251.003.774
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0111/00E000 | Brussels | 3,399 m² | 1 · 900 m² | 63.7 m · 19 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.
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Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43350Other building finishing work
43910Bricklaying and masonry work
Contact
E-mail
azevedo@lifetimeconstruct.comAnderlecht
Phone
0472/047491Anderlecht
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643697740
Registered
05-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.