LIFERCAR
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-07-2024, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
7 d early
2022
31 d early
2021
44 d early
2020
24 d early
2020
197 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 61 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€31,716
2022 · €11.7m
Working capital
€25.2m▼ 19.3%
2022 · €31.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result-€6,198--€56,390▼ 810%-€104,524▼ 85.4%-€162,434▼ 55.4%
Net result-€7,728-€19.9m€11.7m▼ 41.4%-€31,716
Equity€4.9m-€24.8m▲ 411%€36.5m▲ 47.2%€36.5m▼ 0.1%
Total assets€5.1m-€25.0m▲ 395%€36.8m▲ 47.1%€44.9m▲ 21.9%
Debt€200,619-€226,135▲ 12.7%€325,472▲ 43.9%€8.4m▲ 2,491%
Working capital-€163,942-€19.6m€31.2m▲ 59.5%€25.2m▼ 19.3%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €162,434 in 2023 against €104,524 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €44.9m
Fixed assets
€12.0m ▲ 129%
Current assets
€32.8m ▲ 4.1%
Equity and liabilities €44.9m
Equity
€36.5m ▼ 0.1%
Debt
€8.4m ▲ 2,491%
Debt's share of the balance-sheet total rises from 0.9% to 18.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€132,309
Cash flow
-€1,591
Current ratio
4.29▼
2022 · 96.94
Debt to equity
0.23▲
2022 · 0.01
ROE
-0.1%▼
2022 · 32.0%
ROA
-0.1%▼
2022 · 31.8%
Interest coverage
-0.63
Debt ≤ 1 year
€7.7m▲
2022 · €325,472
Debt > 1 year
€641,807
Income taxes
€0▼
2022 · €25,629
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €30,125 | - |
| Other operating charges640/8 | - | €348 | €1,526 | €1,438 | ▼ 5.8% |
| Non-recurring operating charges66A | - | - | €752 | €0 | ▼ 100% |
| Gross operating margin9900 | -€5,232 | -€56,043 | -€102,245 | -€130,871 | ▼ 28.0% |
| Operating profit (loss)9901 | -€6,198 | -€56,390 | -€104,524 | -€162,434 | ▼ 55.4% |
| Financial income75/76B | - | €20.0m | €12.6m | €340,072 | ▼ 97.3% |
| Recurring financial income75 | - | €20.0m | €12.6m | €340,072 | ▼ 97.3% |
| Financial charges65/66B | - | €9,572 | €745,406 | €209,354 | ▼ 71.9% |
| Recurring financial charges65 | €1,530 | €9,572 | €745,406 | €209,354 | ▼ 71.9% |
| Profit (loss) for the period before taxes9903 | -€7,728 | €19.9m | €11.7m | -€31,716 | ▼ 100% |
| Income taxes67/77 | - | - | €25,629 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€7,728 | €19.9m | €11.7m | -€31,716 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€7,728 | €19.9m | €11.7m | -€31,716 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.1m | €25.0m | €36.8m | €44.9m | ▲ 21.9% |
| Fixed assets21/28 | €5.0m | €5.2m | €5.3m | €12.0m | ▲ 129% |
| Tangible fixed assets22/27 | - | - | €42,250 | €1.1m | ▲ 2,471% |
| Land and buildings22 | - | - | - | €1.1m | - |
| Assets under construction and advance payments27 | - | - | €42,250 | €0 | ▼ 100% |
| Financial fixed assets28 | €5.0m | €5.2m | €5.2m | €11.0m | ▲ 110% |
| Current assets29/58 | €36,677 | €19.8m | €31.6m | €32.8m | ▲ 4.1% |
| Amounts receivable within one year40/41 | €803 | €803 | €50 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €803 | €50 | €0 | ▼ 100% |
| Current investments50/53 | - | €4.7m | €24.1m | €32.8m | ▲ 36.1% |
| Cash at bank and in hand54/58 | €35,874 | €15.1m | €7.4m | €36,902 | ▼ 99.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.1m | €25.0m | €36.8m | €44.9m | ▲ 21.9% |
| Equity10/15 | €4.9m | €24.8m | €36.5m | €36.5m | ▼ 0.1% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | - | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Non-distributable reserves130/1 | - | €6,250 | €6,250 | €6,250 | = |
| Legal reserve130 | - | €6,250 | €6,250 | €6,250 | = |
| Profit (loss) carried forward14 | €4.8m | €24.7m | €36.4m | €36.4m | ▼ 0.1% |
| Amounts payable17/49 | €200,619 | €226,135 | €325,472 | €8.4m | ▲ 2,491% |
| Amounts payable after more than one year17 | - | - | - | €641,807 | - |
| Financial debts170/4 | - | - | - | €641,807 | - |
| Amounts payable within one year42/48 | €200,619 | €226,135 | €325,472 | €7.7m | ▲ 2,252% |
| Current portion of amounts payable after more than one year42 | - | - | - | €28,193 | - |
| Trade debts44 | €8,733 | €35,215 | €27,196 | €16,351 | ▼ 39.9% |
| Suppliers440/4 | - | €35,215 | €27,196 | €16,351 | ▼ 39.9% |
| Taxes, remuneration and social security45 | - | - | €25,629 | €25,629 | = |
| Taxes450/3 | - | - | €25,629 | €25,629 | = |
| Other amounts payable47/48 | - | €190,920 | €272,646 | €7.6m | ▲ 2,682% |
| Accrued charges and deferred income492/3 | - | - | - | €136,384 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,728 | €19.9m | €11.7m | -€31,716 | ▼ 100% |
| + Depreciation and write-downs630 | - | - | - | €30,125 | - |
| Operating cash flow (approximation) | -€7,728 | €19.9m | €11.7m | -€1,591 | ▼ 100% |
| Investment in fixed assets (approximation) | - | -€200,000 | -€42,250 | -€6.8m | ▼ 16,025% |
| Change in cash | - | €15.0m | -€7.6m | -€7.4m | ▲ 3.0% |
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
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€31,716
Net result drops to -€31,716, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €25mEq €36.5m ▲47.2%
2 profitable years in a row build equity to €36.5m.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €19.9m
Net result €19.9m after one loss-making year.
31-12
Financial
Liquidity times 479current ratio 87.56
Current ratio from 0.18 to 87.56.
31-12
Financial
Equity above €10mEq €24.8m ▲411%
Equity rises from €4.9m to €24.8m.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 3
-
99.99%
- JA 355FRsubsidiarySourceown accounts 202388.2%
- Adela GroupFRSourceown accounts 202311.11%
According to the 2023 annual accounts of LIFERCAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
875500A4OUROM4J1DK60