Active BE 0776.756.994Private limited companyOpen bankruptcy

LIFELINE GROUP

Alsembergsesteenweg 995 ·1180 Ukkel, Belgium· 4 yrs active

Conclusion Checked

A bankruptcy procedure is open for LIFELINE GROUP according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €75k and a net result of €70k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€75k
Net result	€70k
Active	4 yrs
Locations	1

Snowflake analysis 4 of 5 axes measured · computed by Checked

29 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 15

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 31-08-2023 with the NBB · fiscal year 2022 · micro

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€70k
Cash flow	-
Staff costs	-
Income taxes	€17k
Dividends	-
Total assets	€1.99M
Equity	€75k
Debt	€1.91M
of which ≤ 1y	€1.91M
of which > 1y	-
Working capital	€69k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	1.04
Quick ratio	1.04
Working capital ratio	3.5%
Solvency	3.8%
Debt / equity	25.54
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	3.5%
ROE	93.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €11k · 0.6% Current assets €1.97M · 99.4%

Equity & liabilities

Equity €75k · 3.8% Debt €1.91M · 96.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.99M
Fixed assets	21/28	€11k
Intangible fixed assets	21	€8k
Financial fixed assets	28	€3k
Current assets	29/58	€1.97M
Amounts receivable within one year	40/41	€1.81M
Investments	50/53	€83k
Cash & bank	54/58	€77k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.99M
Equity	10/15	€75k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€70k
Amounts payable	17/49	€1.91M
Amounts payable within one year	42/48	€1.91M
Trade debts payable within one year	44	€202k
Income statement
Gross operating margin	9900	€97k
Operating result	9901	€89k
Financial charges	65	€1k
Result before taxes	9903	€87k
Income taxes	67/77	€17k
Net result for the period	9904	€70k
Result to be appropriated	9905	€70k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	THOMAS VANDENDRIES STEENWEG OP SINT-JORIS- WINGE 21, 3200 AARSCHOT ↔ Also on 192 other cases	25-11-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	03-11-2021
Status	Active
Postal code	1180
First BS signal	01-12-2025
Latest BS signal	01-12-2025

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

LIFELINE GROUP

Louizalaan 65, 1050 ElseneHandelsbemiddeling in horloges, artikelen van edele metalen en sieraden

since 20222.330.964.735

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616A0089/00S003	Brussels	4,530 m²	1 · 249 m²	19.9 m · 6 fl.
21807G0007/00R000	Brussels	1,683 m²	1 · 2,433 m²	35.6 m · 9 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

01-12-2025

Bankruptcy Opening

Ondernemingsrechtbank Brussel · LIFELINE GROUP BV ALSEM- BERGSESTEENWEG 995/2B, 1180 UKKEL · event 25-11-2025

2023

03-10-2023

State Gazette act Capital & shares

31-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

06-07-2023

State Gazette act Capital & shares

2022

12-12-2022

State Gazette act Registered-office change

12-05-2022

State Gazette act Capital & shares

23-03-2022

State Gazette act Registered-office change

Lifecycle & Insolvency Signals 1 events

01-12-2025

Bankruptcy Opening

Date: 25-11-2025 · Ondernemingsrechtbank Brussel · LIFELINE GROUP BV ALSEM- BERGSESTEENWEG 995/2B, 1180 UKKEL · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 5 acts

Capital history · 3

03-10-2023

Capital change

06-07-2023

Capital change

12-05-2022

Capital change

Address history · 2

12-12-2022

Registered-office move

23-03-2022

Registered-office move

All acts · 5 updated 2 years ago

2023

03-10-2023 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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  "act_meta": {
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    "filing_date": "2023-09-25",
    "act_kind_objet": "Onderwerp akte:"
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    "act_date": "2023-07-14",
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      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

06-07-2023 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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  "act_meta": {
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    "pub_date": null,
    "filing_date": "2023-06-28",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2023-05-29",
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    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-05-29"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0776.756.994",
    "name_full": "Lifeline Goup",
    "legal_form": "SRL",
    "_kbo_filled_from_list": true,
    "is_foreign_registered": false
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  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  "co_filed_documents": [
    "expedition",
    "plan financier",
    "bankattest",
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  ],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 99.0,
      "kind": "person",
      "name": "Sarbjit SINGH",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 1.0,
      "kind": "person",
      "name": "Huseyin YILDIZ",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
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}

2022

12-12-2022 Registered office moved from Ixelles to Vorst Registered-office change

Avenue Louise 65/ 11, 1050 Ixelles → Brugmannlaan, 92 bus 4 1190 Vorst

Original publication ↗

Technical details

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      "seat_type": "siege_social",
      "new_address": {
        "raw": "Brugmannlaan, 92 bus 4 1190 Vorst",
        "city": "Vorst",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Brugmannlaan",
        "country": "BE",
        "postcode": "1190",
        "box_number": "4",
        "street_number": "92",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Avenue Louise 65/ 11, 1050 Ixelles",
        "city": "Ixelles",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Avenue Louise",
        "country": "BE",
        "postcode": "1050",
        "box_number": "11",
        "street_number": "65",
        "locality_suffix": null
      },
      "effective_date": "2022-12-01",
      "evidence_quote": "",
      "region_changed": false,
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      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
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    }
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  "notary": {
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  },
  "act_meta": {
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    "pub_date": null,
    "filing_date": "2022-12-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "date": "2022-11-28",
    "unanimous": true
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  "co_filed_documents": [
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    "Uittreksel uit de notulen van de Raad van Bestuur dd 28/11/2022."
  ]
}

12-05-2022 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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        },
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    "act_date": "2022-04-05",
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23-03-2022 Registered office moved from Krainem to Brussel Registered-office change

Chaussée de Malines 455 - 1950 Krainem → Louizalaan, 65 bus 11 1050 Brussel

Original publication ↗

Technical details

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      },
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}

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Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameNL

LIFELINE GROUP

Registered office

Alsembergsesteenweg 995 bus 2B

1180 Ukkel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.