lifeMD
ActiveSummary
The computed 12-month bankruptcy probability of lifeMD is 2.4% (moderate). The 2025 annual accounts show equity of €272k and a net result of €117k. Equity is growing by ~80.1% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.17 against 3.1 in 2024; short-term debt: 16.2% and cash: 67.7% of total assets), and 21.9% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.1%
Return on assets
33.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-02-2026, 156 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
156 d early
2024
7 d early
2023
110 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€272k▲ 75.7%
2024 · €155k
2023: €24klowest in 3 years
2024: €155k▲ +545% vs 2023
2025: €272k▲ +75.7% vs 2024highest in 3 years
2023 → 2025
Total assets
€349k▲ 40.2%
2024 · €249k
2023: €40klowest in 3 years
2024: €249k▲ +523% vs 2023
2025: €349k▲ +40.2% vs 2024highest in 3 years
2023 → 2025
Net result
€117k▼ 10.4%
2024 · €131k
2023: €28klowest in 3 years
2024: €131k▲ +363% vs 2023highest in 3 years
2025: €117k▼ -10.4% vs 2024
2023 → 2025
Working capital
€236k▲ 91.1%
2024 · €123k
2023: €14klowest in 3 years
2024: €123k▲ +753% vs 2023
2025: €236k▲ +91.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€24k-€155k▲ 545%€272k▲ 75.7%
2023: €24klowest in 3 years
2024: €155k▲ +545% vs 2023
2025: €272k▲ +75.7% vs 2024highest in 3 years
Operating result€37k-€171k▲ 356%€154k▼ 9.9%
2023: €37klowest in 3 years
2024: €171k▲ +356% vs 2023highest in 3 years
2025: €154k▼ -9.9% vs 2024
Net result€28k-€131k▲ 363%€117k▼ 10.4%
2023: €28klowest in 3 years
2024: €131k▲ +363% vs 2023highest in 3 years
2025: €117k▼ -10.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€56k ▼ 15.3%
Current assets
€292k ▲ 60.5%
Equity and liabilities €349k
Equity
€272k ▲ 75.7%
Debt
€76k ▼ 18.5%
Debt's share of the balance-sheet total falls from 37.7% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171k▼
2024 · €183k
Cash flow
€134k▼
2024 · €144k
Current ratio
5.17▲
2024 · 3.10
Debt to equity
0.28▼
2024 · 0.60
ROE
43.1%▼
2024 · 84.5%
ROA
33.7%▼
2024 · 52.7%
Interest coverage
76.17▼
2024 · 102.22
Debt ≤ 1 year
€57k▼
2024 · €59k
Debt > 1 year
€20k▼
2024 · €35k
Income taxes
€36k▼
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€249k€349k▲
Fixed assets21/28€67k€56k▼
Tangible fixed assets22/27€67k€56k▼
Furniture and vehicles24€67k€56k▼
Current assets29/58€182k€292k▲
Amounts receivable after more than one year29€15k€45k▲
Other amounts receivable291€15k€45k▲
Amounts receivable within one year40/41€3k€506▼
Trade receivables40€2k€0▼
Other amounts receivable41€421€506▲
Cash at bank and in hand54/58€143k€236k▲
Deferred charges and accrued income490/1€21k€11k▼
Equity and liabilities
Total equity and liabilities10/49€249k€349k▲
Equity10/15€155k€272k▲
Contributions10/11€1€1=
Reserves13€155k€272k▲
Distributable reserves133€155k€272k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€94k€76k▼
Amounts payable after more than one year17€35k€20k▼
Financial debts170/4€35k€20k▼
Amounts payable within one year42/48€59k€57k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€0€283▲
Suppliers440/4€0€283▲
Taxes, remuneration and social security45€44k€41k▼
Taxes450/3€44k€41k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€275€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€446€392▼
Non-recurring operating charges66A-€731
Gross operating margin9900€184k€172k▼
Operating profit (loss)9901€171k€154k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€170k€154k▼
Income taxes67/77€39k€36k▼
Profit (loss) for the period9904€131k€117k▼
Profit (loss) for the period to be appropriated9905€131k€117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€117k▼
Transfer from equity791/2€0-
Transfer to equity691/2€131k€117k▼
To other reserves6921€131k€117k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €951 | €13k | €17k | ▲ 34.6% |
| Other operating charges640/8 | €770 | €446 | €392 | ▼ 12.1% |
| Non-recurring operating charges66A | - | - | €731 | - |
| Gross operating margin9900 | €39k | €184k | €172k | ▼ 6.4% |
| Operating profit (loss)9901 | €37k | €171k | €154k | ▼ 9.9% |
| Financial income75/76B | €22 | €1k | €2k | ▲ 53.4% |
| Recurring financial income75 | €22 | €1k | €2k | ▲ 53.4% |
| Financial charges65/66B | €291 | €2k | €2k | ▲ 25.1% |
| Recurring financial charges65 | €291 | €2k | €2k | ▲ 25.1% |
| Profit (loss) for the period before taxes9903 | €37k | €170k | €154k | ▼ 9.8% |
| Income taxes67/77 | €9k | €39k | €36k | ▼ 7.6% |
| Profit (loss) for the period9904 | €28k | €131k | €117k | ▼ 10.4% |
| Profit (loss) for the period to be appropriated9905 | €28k | €131k | €117k | ▼ 10.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €40k | €249k | €349k | ▲ 40.2% |
| Fixed assets21/28 | €10k | €67k | €56k | ▼ 15.3% |
| Tangible fixed assets22/27 | €10k | €67k | €56k | ▼ 15.3% |
| Furniture and vehicles24 | €10k | €67k | €56k | ▼ 15.3% |
| Current assets29/58 | €30k | €182k | €292k | ▲ 60.5% |
| Amounts receivable after more than one year29 | - | €15k | €45k | ▲ 200% |
| Other amounts receivable291 | - | €15k | €45k | ▲ 200% |
| Amounts receivable within one year40/41 | - | €3k | €506 | ▼ 82.2% |
| Trade receivables40 | - | €2k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €421 | €506 | ▲ 20.3% |
| Cash at bank and in hand54/58 | €9k | €143k | €236k | ▲ 64.6% |
| Deferred charges and accrued income490/1 | €21k | €21k | €11k | ▼ 48.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €40k | €249k | €349k | ▲ 40.2% |
| Equity10/15 | €24k | €155k | €272k | ▲ 75.7% |
| Contributions10/11 | €1 | €1 | €1 | = |
| Reserves13 | €24k | €155k | €272k | ▲ 75.7% |
| Distributable reserves133 | €24k | €155k | €272k | ▲ 75.7% |
| Profit (loss) carried forward14 | €0 | €0 | - | - |
| Amounts payable17/49 | €16k | €94k | €76k | ▼ 18.5% |
| Amounts payable after more than one year17 | - | €35k | €20k | ▼ 43.4% |
| Financial debts170/4 | - | €35k | €20k | ▼ 43.4% |
| Amounts payable within one year42/48 | €16k | €59k | €57k | ▼ 3.8% |
| Current portion of amounts payable after more than one year42 | - | €15k | €15k | ▲ 4.0% |
| Trade debts44 | €986 | €0 | €283 | - |
| Suppliers440/4 | €986 | €0 | €283 | - |
| Taxes, remuneration and social security45 | €10k | €44k | €41k | ▼ 6.4% |
| Taxes450/3 | €10k | €44k | €41k | ▼ 6.4% |
| Remuneration and social security454/9 | €115 | €0 | - | - |
| Other amounts payable47/48 | €5k | €275 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €131k | €117k | ▼ 10.4% |
| + Depreciation and write-downs630 | €951 | €13k | €17k | ▲ 34.6% |
| Operating cash flow (approximation) | €29k | €144k | €134k | ▼ 6.5% |
| Investment in fixed assets (approximation) | - | €-70k | €-7k | ▲ 90.1% |
| Change in cash | - | €134k | €93k | ▼ 30.9% |
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
Next filing, fiscal year 2026, expected by
2026
02-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 27-08-2026
- Registered-office move, Struikenlaan 13, 2930 Brasschaat
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €272k ▲75.7%
3 profitable years in a row build equity to €272k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €131k ▲363%
Operating result €171k, net result €131k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲545%
2 profitable years in a row build equity to €155k.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2023
Ground area
2,532 m²
Building footprint
354 m²
Volume, LiDAR
1,940 m³
Parcel 11008B0240/00Z002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
lifeMD
since 20232.343.958.676
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008B0240/00Z002 | Flanders | 2,532 m² | 1 · 354 m² | 10.4 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2023
Fiscal year end31-12
Contact
E-mail
jasper.moonen@hotmail.comBrasschaat
Scores and ratios are computed by Checked and are not a credit decision.