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Lifetime Renovations

Active
Private limited companyfounded 20251 yr activeNieuwstraat(WSP) 45, 3150 Haacht, BelgiumKBO/BCE: BE 1019.367.159
Summary

The computed 12-month bankruptcy probability of Lifetime Renovations is 1.5% (moderate). The 2025 annual accounts show equity of €21,581 and a net result of €16,581. Its solvency ranks better than 30% of 28374 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability96
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.33; short-term debt: 40.8% and cash: 22.8% of total assets), and 71.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.5%
Return on assets
21.9%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 January 2025, Lifetime Renovations was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€21,581
Total assets
€75,631
Net result
€16,581
Working capital
€10,272

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €75,631
Fixed assets €34,467
Current assets €41,163
Equity and liabilities €75,631
Equity €21,581
Debt €54,049
Debt finances 71.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€32,194
Cash flow
€23,848
Current ratio
1.33
Quick ratio
1.32
Debt to equity
2.50
ROE
76.8%
ROA
21.9%
Interest coverage
13.89
Debt ≤ 1 year
€30,891
Debt > 1 year
€23,158
Income taxes
€6,028
Staff costs
€21,012

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€75,631
Fixed assets21/28€34,467
Intangible fixed assets21€1,816
Tangible fixed assets22/27€32,651
Plant, machinery and equipment23€5,427
Furniture and vehicles24€27,224
Current assets29/58€41,163
Stocks and contracts in progress3€388
Stocks30/36€388
Amounts receivable within one year40/41€23,542
Trade receivables40€20,036
Other amounts receivable41€3,506
Cash at bank and in hand54/58€17,234
Equity and liabilities
Total equity and liabilities10/49€75,631
Equity10/15€21,581
Contributions10/11€5,000
Reserves13€16,581
Distributable reserves133€16,581
Amounts payable17/49€54,049
Amounts payable after more than one year17€23,158
Financial debts170/4€23,158
Amounts payable within one year42/48€30,891
Current portion of amounts payable after more than one year42€7,805
Trade debts44€2,122
Suppliers440/4€2,122
Taxes, remuneration and social security45€2,593
Taxes450/3€689
Remuneration and social security454/9€1,904
Other amounts payable47/48€18,372
Income statement Code2025
Remuneration, social security and pensions62€21,012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,267
Other operating charges640/8€730
Gross operating margin9900€53,936
Operating profit (loss)9901€24,927
Financial charges65/66B€2,318
Recurring financial charges65€2,318
Profit (loss) for the period before taxes9903€22,609
Income taxes67/77€6,028
Profit (loss) for the period9904€16,581
Profit (loss) for the period to be appropriated9905€16,581
Appropriation of the result
Profit (loss) to be appropriated9906€16,581
Transfer to equity691/2€16,581
To other reserves6921€16,581

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€21,012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,267
Other operating charges640/8€730
Gross operating margin9900€53,936
Operating profit (loss)9901€24,927
Financial charges65/66B€2,318
Recurring financial charges65€2,318
Profit (loss) for the period before taxes9903€22,609
Income taxes67/77€6,028
Profit (loss) for the period9904€16,581
Profit (loss) for the period to be appropriated9905€16,581
Line2025
Assets
Total assets20/58€75,631
Fixed assets21/28€34,467
Intangible fixed assets21€1,816
Tangible fixed assets22/27€32,651
Plant, machinery and equipment23€5,427
Furniture and vehicles24€27,224
Current assets29/58€41,163
Stocks and contracts in progress3€388
Stocks30/36€388
Amounts receivable within one year40/41€23,542
Trade receivables40€20,036
Other amounts receivable41€3,506
Cash at bank and in hand54/58€17,234
Equity and liabilities
Total equity and liabilities10/49€75,631
Equity10/15€21,581
Contributions10/11€5,000
Reserves13€16,581
Distributable reserves133€16,581
Amounts payable17/49€54,049
Amounts payable after more than one year17€23,158
Financial debts170/4€23,158
Amounts payable within one year42/48€30,891
Current portion of amounts payable after more than one year42€7,805
Trade debts44€2,122
Suppliers440/4€2,122
Taxes, remuneration and social security45€2,593
Taxes450/3€689
Remuneration and social security454/9€1,904
Other amounts payable47/48€18,372
Line2025
Profit (loss) for the period9904€16,581
+ Depreciation and write-downs630€7,267
Operating cash flow (approximation)€23,848

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Haacht · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
435 m²
Building footprint
69 m²
Volume, LiDAR
483 m³
Parcel 24122B0191/00H002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lifetime Renovations
Nieuwstraat(WSP) 45, 3150 HaachtGeneral electrical installation work
since 20252.369.431.569
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24122B0191/00H002 Flanders 435 m² 1 · 69 m² 10.8 m · 3 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.

Similar companies · same sector, comparable size

Of 7,298 companies in this sector we hold annual accounts for 2,364. 1,806 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded29-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43211General electrical installation work
43221Plumbing work
43341Painting of buildings
43343Specialised construction activities
43421Specialised construction activities
Contact
E-mail lifetimerenovations@outlook.beHaacht
Phone +32497118140Haacht
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019367159
Also 9925:BE1019367159
Registered 03-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.