Life Tree Estate
ActiveSummary
Life Tree Estate has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.1m and a net result of -€2.5m. Equity has been shrinking by about 9.4% per year since 2019. Its solvency ranks better than 39% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-11-1982 Normal situation
- Registered office
- 92 active companies are registered at this address 16 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 2 others
- Establishment unit
- 2.027.122.034 9830 Sint-Martens-Latem, since 23-12-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Board and ownership
- MYLECKEManaging director · permanent representative Hendrik Danneels
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €3.2m
- ▲ 22.4%
- Turnover
- ≈ €3.9m
- estimated
- Loss
- €2.5m
- ▼ 9.9%
- Equity
- €18.1m
- ▼ 12.3%
- Total assets
- €92.0m
- ▼ 3.2%
Score breakdownraises riskLiquidity: current ratio 0.38, cash €236,596Loss of €2.5m, the second in a row (financial year 2025)lowers riskSize: total assets €92.0mFounded in 1982Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, large). It does better than 37% of them on solvency, 32% on liquidity, 15% on profitability and 20% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€2.5m View
- Caution: Lower net result than 95% of companies in real estatesector median €10,001 · 11,250 companies -€2.5m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Merger with RG Energy & Real Estate Companymerger on 22-03-2024 2024 View
Recent changes
- · Gazette deed Reappointment: MYLECKE (director)Permanent representative: Hendrik Danneels
- · Gazette deed Miscellaneous
- · Gazette deed Merger: Life Tree Estate takes over RG Energy & Real Estate Company
Comparable companies
These companies have the same main activity as Life Tree Estate: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €32m and €93m, founded between 1986 and 2003.
| Company | Total assets | Gross margin |
|---|---|---|
| Life Tree Estate Sint-Martens-Latem | €92.0m | €3.2m |
| MIMMO Waregem | €92.7m | €2.8m |
| PATRISO Diest | €63.6m | €3.6m |
| NORDICA Oostkamp | €53.6m | €4.2m |
| DECEBRA Sint-Niklaas | €57.7m | €5.8m |
| Shopping Turnova Turnhout | €32.0m | €2.8m |
| Ghent-Hulsdonk Warehousing Brecht | €36.2m | €1.2m |
Key facts about Life Tree Estate
- What is the company number of Life Tree Estate?
- The company number of Life Tree Estate is 0423.465.673. The VAT number is the same number with BE in front: BE 0423.465.673.
- Where is Life Tree Estate based?
- The registered office is at Kortrijksesteenweg 48, 9830 Sint-Martens-Latem.Company details
- What does Life Tree Estate do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Life Tree Estate?
- The legal form of Life Tree Estate is Public limited company (NV).
- When was Life Tree Estate founded?
- Life Tree Estate was founded on 03-11-1982.
- Is Life Tree Estate still active?
- Yes, Life Tree Estate is an active enterprise in the KBO register.
- What is the turnover of Life Tree Estate?
- The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €3.2m and 32 comparable companies (NACE 68203). It probably lies between €3.3m and €4.6m.Financials
- Is Life Tree Estate profitable?
- In financial year 2025, Life Tree Estate made a loss of €2.5m.
- Where can I find the annual accounts of Life Tree Estate?
- Life Tree Estate filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Life Tree Estate due?
- Life Tree Estate must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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