Skip to content

LIFE TIME CONSTRUCT

Active
Private limited companyfounded 2015active for 10 yearsFrans van Kalkenlaan 16, 1070 Anderlecht, BelgiumKBO/BCE: BE 0643.697.740

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.

Annual accounts 2023 filed on 08-09-2024 PDF all 8 filings

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

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result for 2023 is 61% lower than in 2022.

Operating result€6,702 2023 Net result€6,103 2023

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Turnover€208,730-
Operating result€12,206-€12,683▲ 3.9%€8,367▼ 34.0%€5,947▼ 28.9%€17,350▲ 192%€6,702▼ 61.4%
Net result€9,200-€7,038▼ 23.5%€5,512within the sector's middle half▼ 21.7%€4,702within the sector's middle half▼ 14.7%€13,676within the sector's middle half▲ 191%€6,103within the sector's middle half▼ 55.4%
EBIT margin5.8%-
Equity€38,584-€45,621▲ 18.2%€51,133within the sector's middle half▲ 12.1%€55,835within the sector's middle half▲ 9.2%€69,511within the sector's middle half▲ 24.5%€75,614within the sector's middle half▲ 8.8%
Total assets€92,848-€92,471▼ 0.4%€141,194within the sector's middle half▲ 52.7%€144,684within the sector's middle half▲ 2.5%€117,649within the sector's middle half▼ 18.7%€131,134within the sector's middle half▲ 11.5%
Debt€48,524-€46,850▼ 3.5%€90,061▲ 92.2%€88,848▼ 1.3%€48,137▼ 45.8%€55,520▲ 15.3%
Working capital€39,724-€42,471▲ 6.9%€49,633within the sector's middle half▲ 16.9%€56,006within the sector's middle half▲ 12.8%€69,682within the sector's middle half▲ 24.4%€74,804within the sector's middle half▲ 7.4%
Solvency41.6%-49.3%▲ 7.8pp36.2%within the sector's middle half▼ 13.1pp38.6%within the sector's middle half▲ 2.4pp59.1%within the sector's middle half▲ 20.5pp57.7%within the sector's middle half▼ 1.4pp
Current ratio1.82-1.91▲ 0.091.55within the sector's middle half▼ 0.361.63within the sector's middle half▲ 0.082.45within the sector's middle half▲ 0.822.35within the sector's middle half▼ 0.11
Return on assets (ROA)9.9%-7.6%▼ 2.3pp3.9%within the sector's middle half▼ 3.7pp3.3%within the sector's middle half▼ 0.7pp11.6%within the sector's middle half▲ 8.4pp4.7%within the sector's middle half▼ 7.0pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
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
2023 value · change against 2022
Debt to equity
0.73▲
2022 · 0.69
ROE
8.1%▼
2022 · 19.7%
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.

Comparable companies

These companies have the same main activity as LIFE TIME CONSTRUCT: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €109,000 and €125,000, founded between 2012 and 2019.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
LIFE TIME CONSTRUCT Anderlecht2015€131,134€75,614€9,233€6,1032023
David Philtjens Herk-de-Stad2017€125,282€55,978€7,860€2,4632025
WERNER CABERGHS Heist-op-den-Berg2013€108,811€77,604€7,608€2,5082025
I&A CONSTRUCT Aalst2018€113,955€63,507€7,299€5,4742025
B.S.B. FLOOR Leopoldsburg2019€112,529€4,145€8,955-€7,3022025
T-STONE Bredene2012€114,665€56,669€12,805€1,1042025
DWN PROJECTS Langemark-Poelkapelle2019€123,675€80,747€12,436-€5522026

They were chosen from the 1,709 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 38 lines

Source: Annual accounts 2023 (PDF), filed on 08-09-2024.

Balance sheet Code20222023
Assets
Total assets20/58€117,649€131,134▲
Fixed assets21/28-€810
Financial fixed assets28-€810
Current assets29/58€117,649€130,324▲
Amounts receivable after more than one year29€32,789€42,210▲
Trade receivables290€32,789€42,210▲
Amounts receivable within one year40/41€82,756€86,921▲
Trade receivables40€79,527€85,164▲
Other amounts receivable41€3,229€1,757▼
Cash at bank and in hand54/58€2,104€1,193▼
Equity and liabilities
Total equity and liabilities10/49€117,649€131,134▲
Equity10/15€69,511€75,614▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€61,451€67,554▲
Amounts payable17/49€48,137€55,520▲
Amounts payable within one year42/48€47,967€55,520▲
Trade debts44€42,790€49,599▲
Suppliers440/4€42,790€49,599▲
Taxes, remuneration and social security45€5,177€5,921▲
Taxes450/3€5,177€5,921▲
Accrued charges and deferred income492/3€171-
Income statement Code20222023
Remuneration, social security and pensions62-€325
Other operating charges640/8€4,346€2,206▼
Gross operating margin9900€21,697€9,233▼
Operating profit (loss)9901€17,350€6,702▼
Financial income75/76B€486€1,987▲
Recurring financial income75€486€1,987▲
Financial charges65/66B€403€422▲
Recurring financial charges65€403€422▲
Profit (loss) for the period before taxes9903€17,433€8,267▼
Income taxes67/77€3,757€2,165▼
Profit (loss) for the period9904€13,676€6,103▼
Profit (loss) for the period to be appropriated9905€13,676€6,103▼
Appropriation of the result
Profit (loss) to be appropriated9906€61,451€67,554▲
Profit (loss) brought forward from the previous period14P€47,775€61,451▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line201820192020202120222023Change
Turnover70€208,730------
Remuneration, social security and pensions62-----€325-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,287€1,450€1,650€1,500---
Other operating charges640/8---€1,075€4,346€2,206▼ 49.2%
Gross operating margin9900€22,036€18,193€12,414€8,522€21,697€9,233▼ 57.4%
Operating profit (loss)9901€12,206€12,683€8,367€5,947€17,350€6,702▼ 61.4%
Financial income75/76B---€331€486€1,987▲ 309%
Recurring financial income75€2,554€680€525€331€486€1,987▲ 309%
Financial charges65/66B---€156€403€422▲ 4.7%
Recurring financial charges65€11,269€10,362€1,759€156€403€422▲ 4.7%
Profit (loss) for the period before taxes9903€10,373€8,183€7,133€6,122€17,433€8,267▼ 52.6%
Income taxes67/77€1,173€1,145€1,621€1,420€3,757€2,165▼ 42.4%
Profit (loss) for the period9904€9,200€7,038€5,512€4,702€13,676€6,103▼ 55.4%
Profit (loss) for the period to be appropriated9905€9,200€7,038€5,512€4,702€13,676€6,103▼ 55.4%
Line201820192020202120222023Change
Assets
Total assets20/58€92,848€92,471€141,194€144,684€117,649€131,134▲ 11.5%
Fixed assets21/28€4,600€3,150€1,500--€810-
Tangible fixed assets22/27€4,600€3,150€1,500----
Financial fixed assets28-----€810-
Current assets29/58€88,248€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€76,726€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€8,810€7,657€2,338€641€2,104€1,193▼ 43.3%
Equity and liabilities
Total equity and liabilities10/49€92,848€92,471€141,194€144,684€117,649€131,134▲ 11.5%
Equity10/15€38,584€45,621€51,133€55,835€69,511€75,614▲ 8.8%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200=
Reserves13€1,860€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€30,524€37,561€43,073€47,775€61,451€67,554▲ 9.9%
Provisions and deferred taxes16€5,740------
Amounts payable17/49€48,524€46,850€90,061€88,848€48,137€55,520▲ 15.3%
Amounts payable within one year42/48€48,524€46,850€90,061€88,678€47,967€55,520▲ 15.7%
Trade debts44€23,871€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--
Line201820192020202120222023Change
Profit (loss) for the period9904€9,200€7,038€5,512€4,702€13,676€6,103▼ 55.4%
+ Depreciation and write-downs630€3,287€1,450€1,650€1,500---
Operating cash flow (approximation)€12,487€8,488€7,162€6,202€13,676€6,103▼ 55.4%
Investment in fixed assets (approximation)-€0€0----
Change in cash--€1,153-€5,319-€1,697€1,463-€910-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2023 micro format 08-09-2024 2024-00461203 PDF
31-12-2022 micro format 12-12-2023 2023-00531471 PDF
31-12-2021 micro format 31-10-2022 2022-20484184 PDF
31-12-2020 micro format 15-11-2021 2021-77500535 PDF
31-12-2019 micro format 16-12-2020 2020-75800118 PDF
31-12-2018 full format 19-08-2019 2019-47200594 PDF
31-12-2017 full format 31-08-2018 2018-57000329 PDF
31-12-2016 full format 07-08-2017 2017-42300063 PDF

Next steps