LifeFlow
ActiveSummary
The computed 12-month bankruptcy probability of LifeFlow is 1.5% (moderate). The 2024 annual accounts show equity of €2k and a net result of €-599. Its solvency ranks better than 27% of 9517 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability21
Solvency47
Growth-
Track record79
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.27; short-term debt: 78.5% and cash: 12.1% of total assets), and 78.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
21.5%
Return on assets
-6.8%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2k
Total assets
€9k
Net result
€-599
Working capital
€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €9k
Equity
€2k
Debt
€7k
Debt finances 78.5% of the balance-sheet total.
Key figures and ratios
Current ratio
1.27
Debt to equity
3.65
ROE
-31.5%
ROA
-6.8%
Debt ≤ 1 year
€7k
Income taxes
€1k
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet
Code2024
Assets
Total assets20/58€9k
Current assets29/58€9k
Amounts receivable within one year40/41€8k
Trade receivables40€8k
Cash at bank and in hand54/58€1k
Equity and liabilities
Total equity and liabilities10/49€9k
Equity10/15€2k
Contributions10/11€3k
Profit (loss) carried forward14€-599
Amounts payable17/49€7k
Amounts payable within one year42/48€7k
Trade debts44€545
Suppliers440/4€545
Taxes, remuneration and social security45€6k
Taxes450/3€4k
Remuneration and social security454/9€2k
Other amounts payable47/48€354
Income statement
Code2024
Other operating charges640/8€171
Gross operating margin9900€3k
Operating profit (loss)9901€3k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€480
Income taxes67/77€1k
Profit (loss) for the period9904€-599
Profit (loss) for the period to be appropriated9905€-599
Appropriation of the result
Profit (loss) to be appropriated9906€-599
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €171 |
| Gross operating margin9900 | €3k |
| Operating profit (loss)9901 | €3k |
| Financial charges65/66B | €3k |
| Recurring financial charges65 | €3k |
| Profit (loss) for the period before taxes9903 | €480 |
| Income taxes67/77 | €1k |
| Profit (loss) for the period9904 | €-599 |
| Profit (loss) for the period to be appropriated9905 | €-599 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €9k | |
| Current assets29/58 | €9k | |
| Amounts receivable within one year40/41 | €8k | |
| Trade receivables40 | €8k | |
| Cash at bank and in hand54/58 | €1k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €9k | |
| Equity10/15 | €2k | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €-599 | |
| Amounts payable17/49 | €7k | |
| Amounts payable within one year42/48 | €7k | |
| Trade debts44 | €545 | |
| Suppliers440/4 | €545 | |
| Taxes, remuneration and social security45 | €6k | |
| Taxes450/3 | €4k | |
| Remuneration and social security454/9 | €2k | |
| Other amounts payable47/48 | €354 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €-599 |
| Operating cash flow (approximation) | €-599 |
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
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Essen · 1 establishment unit since 2023
Ground area
944 m²
Building footprint
200 m²
Volume, LiDAR
723 m³
Parcel 11642D0111/03X004, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LifeFlow
since 20232.347.429.890
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642D0111/03X004 | Flanders | 944 m² | 1 · 200 m² | 6.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 855 EUR awarded · 375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 855 EUR | 375 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 713 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
Founded13-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.