LIFEWORX GROUP
The computed 12-month bankruptcy probability of LIFEWORX GROUP is 0.3% (very low). The 2024 annual accounts show equity of €3.62M and a net result of €961k. Its solvency ranks better than 66% of 150 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.62M |
| Net result | €961k |
| Staff (FTE) | 5.5 |
| Better than sector | 66% |
Strong profile, led by stability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.2% | 31.8% | |
| Net result | €961k | €22k | |
| Equity | €3.62M | €119k | |
| Staff costs | €395k | €296k | |
| Employees (FTE) | 5.5 | 2.8 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €2.58M |
| EBITDA | €131k |
| Net profit | €961k |
| Cash flow | €1.02M |
| Staff costs | €395k |
| Income taxes | €51k |
| Dividends | €1.25M |
| Total assets | €6.92M |
| Equity | €3.62M |
| Debt | €3.31M |
| of which ≤ 1y | €2.02M |
| of which > 1y | €1.29M |
| Working capital | €-1.19M |
| Employees (FTE) | 5.5 |
| 2024 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.41 |
| Working capital ratio | -17.1% |
| Solvency | 52.2% |
| Debt / equity | 0.91 |
| Long-term debt ratio | 0.36 |
| Interest coverage | 2.00 |
| Gross margin | — |
| Net margin | 37.3% |
| ROA | 13.9% |
| ROE | 26.6% |
| EBITDA margin | 5.1% |
| Days sales outstanding | 39d |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €6.92M |
| Fixed assets | 21/28 | €6.09M |
| Formation expenses | 20 | €3k |
| Intangible fixed assets | 21 | €79k |
| Tangible fixed assets | 22/27 | €150k |
| Financial fixed assets | 28 | €5.86M |
| Current assets | 29/58 | €833k |
| Amounts receivable within one year | 40/41 | €608k |
| Cash & bank | 54/58 | €126k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.92M |
| Equity | 10/15 | €3.62M |
| Contributions / capital | 10/11 | €3.49M |
| Reserves | 13 | €84k |
| Accumulated profits (losses) | 14 | €47k |
| Amounts payable | 17/49 | €3.31M |
| Amounts payable after one year | 17 | €1.29M |
| Amounts payable within one year | 42/48 | €2.02M |
| Trade debts payable within one year | 44 | €452k |
| Income statement | ||
| Turnover | 70 | €2.58M |
| Operating result | 9901 | €75k |
| Financial income | 75 | €944k |
| Financial charges | 65 | €65k |
| Result before taxes | 9903 | €1.01M |
| Income taxes | 67/77 | €51k |
| Net result for the period | 9904 | €961k |
| Result to be appropriated | 9905 | €961k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| CALLENS VANDELANOTTECurrent Statutory auditor · represented by Jan DEGRYSE |
— | 07-05-2024 → present |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 10-11-2022 |
| Status | Active |
| Postal code | 9830 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0232/00L000 | Flanders | 2,959 m² | 1 · 596 m² | 12.6 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2026 Publication in the Belgian Official Gazette — Miscellaneous
Technical details
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}18-03-2026 Capital increase of €699,484.84 to €4,593,484.84
- €3.894.000 → €4.593.484,84
- Inbreng in geld · Apport en numéraire
Technical details
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}18-03-2026 Articles of association amended — translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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"new_text": "Artikel 5: Kapitaal van de vennootschap\nHet kapitaal bedraagt vier miljoen vijfhonderddrie\u00EBnnegentigduizend vierhonderdvierentachtig euro vierentachtig cent (4.593.484,84 EUR).\nHet wordt vertegenwoordigd door vierhonderdzestienduizend zeshonderdeenentachtig (416.681)\naandelen met stemrecht, zonder aanduiding van de nominale waarde, genummerd van 1 tot\n416.681, met een fractiewaarde van \u00E9\u00E9n/vierhon",
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}07-05-2024 2 directors appointed
- Jan DEGRYSE — Voorzitter
- Frederik Strubbe — Gedelegeerd bestuurder
Technical details
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}07-05-2024 Jan DEGRYSE appointed as statutory auditor
- Jan DEGRYSE — Commissaris
Technical details
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}16-11-2022 Incorporation of a new NV
Technical details
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{
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],
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | LIFEWORX GROUP |