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LIFLAX

Active Risk: not assessed
Private limited companyfounded 198837 yrs activeTieltstraat 114, 8760 Tielt, BelgiumKBO/BCE: BE 0435.894.838
Summary

LIFLAX has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €27.2m and a net result of €1.4m. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 4630 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 16-06-2026, 45 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
45 d early
2024
66 d early
2023
57 d early
2022
24 d late
2021
52 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 16 June (4 of the last 5 filed years within 69 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 23 November 1988, LIFLAX was incorporated.1 Revenue went from EUR 544,480 in 2018 to EUR 859,487 in 2024 and headcount from 2.5 to 4.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema, statutory accounts

Turnover
€859,487▲ 15.9%
2023 · €741,362
EBIT margin
23.2%▲ 2.5pp
2023 · 20.7%
Net result
€1.4m▲ 48.0%
2023 · €967,445
Working capital
€1.8m▼ 68.0%
2023 · €5.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€500,271▼ 8.4%€595,866▲ 19.1%€628,784▲ 5.5%€741,362▲ 17.9%€859,487▲ 15.9%
Operating result€82,769€86,072▲ 4.0%€80,547▼ 6.4%€153,613▲ 90.7%€199,412▲ 29.8%
Net result€1.6mabove the sector's middle half▲ 8.5%€2.3mabove the sector's middle half▲ 38.9%€3.7mabove the sector's middle half▲ 63.2%€967,445above the sector's middle half▼ 74.0%€1.4mabove the sector's middle half▲ 48.0%
EBIT margin16.5%▲ 23.1pp14.4%▼ 2.1pp12.8%▼ 1.6pp20.7%▲ 7.9pp23.2%▲ 2.5pp
Equity€19.0mabove the sector's middle half▲ 9.4%€21.2mabove the sector's middle half▲ 12.0%€24.9mabove the sector's middle half▲ 17.5%€25.7mabove the sector's middle half▲ 3.3%€27.2mabove the sector's middle half▲ 5.5%
Total assets€22.0mabove the sector's middle half▲ 6.4%€24.0mabove the sector's middle half▲ 8.9%€28.4mabove the sector's middle half▲ 18.4%€28.5mabove the sector's middle half▲ 0.7%€29.0mabove the sector's middle half▲ 1.5%
Debt€3.0m▼ 9.4%€2.7m▼ 10.2%€3.4m▲ 25.4%€2.8m▼ 18.0%€1.8m▼ 35.5%
Working capital€5.5mabove the sector's middle half▲ 19.7%€6.8mabove the sector's middle half▲ 22.2%€7.1mabove the sector's middle half▲ 4.3%€5.8mabove the sector's middle half▼ 18.7%€1.8mabove the sector's middle half▼ 68.0%
Solvency86.2%above the sector's middle half▲ 2.4pp88.6%above the sector's middle half▲ 2.4pp87.9%above the sector's middle half▼ 0.7pp90.2%above the sector's middle half▲ 2.2pp93.7%above the sector's middle half▲ 3.6pp
Current ratio15.89above the sector's middle half▲ 1.8918.95above the sector's middle half▲ 3.056.01above the sector's middle half▼ 12.936.16above the sector's middle half▲ 0.144.86above the sector's middle half▼ 1.29
Return on assets (ROA)7.4%within the sector's middle half▲ 0.1pp9.5%within the sector's middle half▲ 2.1pp13.1%within the sector's middle half▲ 3.6pp3.4%within the sector's middle half▼ 9.7pp4.9%within the sector's middle half▲ 1.6pp
Staff (FTE)2.5within the sector's middle half=2.8within the sector's middle half▲ 12.0%3within the sector's middle half▲ 7.1%3.2within the sector's middle half▲ 6.7%4.5within the sector's middle half▲ 40.6%
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0m€4.0mOperating result 2020: €82,769€82,769Net result 2020: €1.6m€1.6mOperating result 2021: €86,072€86,072Net result 2021: €2.3m€2.3mOperating result 2022: €80,547€80,547Net result 2022: €3.7m€3.7mOperating result 2023: €153,613€153,613Net result 2023: €967,445€967,445Operating result 2024: €199,412€199,412Net result 2024: €1.4m€1.4m20202021202220232024€0€1m€2m€3m€4mOperating result 2022: €80,547€80,500Net result 2022: €3.7m€3.7mOperating result 2023: €153,613€154,000Net result 2023: €967,445€967,000Operating result 2024: €199,412€199,000Net result 2024: €1.4m€1.4m202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 30% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29.0m
Fixed assets €26.7m ▲ 23.0%
Current assets €2.3m ▼ 66.3%
Equity and liabilities €29.0m
Equity €27.2m ▲ 5.5%
Debt €1.8m ▼ 35.5%
Debt's share of the balance-sheet total falls from 9.8% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
5.3%▲
2023 · 3.8%
Debt ≤ 1 year
€476,204▼
2023 · €1.1m
Debt > 1 year
€1.3m▼
2023 · €1.7m
Income taxes
€168,904▲
2023 · €153,790
Staff costs
€410,528▲
2023 · €316,141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 67 lines
Balance sheet Code20232024
Assets
Total assets20/58€28.5m€29.0m▲
Fixed assets21/28€21.7m€26.7m▲
Tangible fixed assets22/27€99,068€72,337▼
Furniture and vehicles24€99,068€72,337▼
Financial fixed assets28€21.6m€26.6m▲
Affiliated companies280/1€21.6m€26.6m▲
Participating interests280€15.4m€21.4m▲
Amounts receivable281€6.2m€5.1m▼
Current assets29/58€6.9m€2.3m▼
Amounts receivable within one year40/41€6.4m€772,491▼
Trade receivables40€99,134€116,457▲
Other amounts receivable41€6.3m€656,034▼
Current investments50/53-€1.2m
Other investments51/53-€1.2m
Cash at bank and in hand54/58€461,309€335,508▼
Deferred charges and accrued income490/1€44,837€8,293▼
Equity and liabilities
Total equity and liabilities10/49€28.5m€29.0m▲
Equity10/15€25.7m€27.2m▲
Contributions10/11€1.5m€1.5m=
Reserves13€24.3m€25.7m▲
Non-distributable reserves130/1-€512,119
Reserves not available under the articles1311-€512,119
Distributable reserves133€24.3m€25.2m▲
Amounts payable17/49€2.8m€1.8m▼
Amounts payable after more than one year17€1.7m€1.3m▼
Financial debts170/4€1.7m€1.3m▼
Other loans174€1.7m€1.3m▼
Amounts payable within one year42/48€1.1m€476,204▼
Current portion of amounts payable after more than one year42€331,427€331,427=
Trade debts44€7,659€38,261▲
Suppliers440/4€7,659€38,261▲
Taxes, remuneration and social security45€48,038€102,797▲
Taxes450/3€44,485€67,754▲
Remuneration and social security454/9€3,553€35,042▲
Other amounts payable47/48€728,979€3,720▼
Accrued charges and deferred income492/3€37,752€11,112▼
Income statement Code20232024
Operating income70/76A€758,875€877,177▲
Turnover70€741,362€859,487▲
Other operating income74€17,513€17,690▲
Operating charges60/66A€605,261€677,766▲
Services and other goods61€252,957€237,483▼
Remuneration, social security and pensions62€316,141€410,528▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,567€26,731▼
Other operating charges640/8€2,596€3,024▲
Operating profit (loss)9901€153,613€199,412▲
Financial income75/76B€1.0m€1.4m▲
Recurring financial income75€1.0m€1.4m▲
Income from financial fixed assets750€1.0m€1.4m▲
Other financial income752/9€0€52,525▲
Financial charges65/66B€35,194€9,532▼
Recurring financial charges65€35,194€9,532▼
Debt charges650€33,192€0▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€6,435€0▲
Other financial charges652/9€8,438€9,532▲
Profit (loss) for the period before taxes9903€1.1m€1.6m▲
Income taxes67/77€153,790€168,904▲
Taxes670/3€155,753€168,904▲
Tax adjustments and reversals of tax provisions77€1,963€0▼
Profit (loss) for the period9904€967,445€1.4m▲
Profit (loss) for the period to be appropriated9905€967,445€1.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€967,445€1.4m▲
Transfer to equity691/2€811,700€1.4m▲
To other reserves6921€811,700€1.4m▲
Profit to be distributed694/7€155,745€3,720▼
Directors or managers695€150,000€0▼
Employees696€5,745€3,720▼
Social balance
Average headcount (FTE)90873.24.5▲

The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€602,516€646,802€758,875€877,177▲ 15.6%
Turnover70€500,271€595,866€628,784€741,362€859,487▲ 15.9%
Other operating income74-€6,650€18,018€17,513€17,690▲ 1.0%
Operating charges60/66A-€516,445€566,256€605,261€677,766▲ 12.0%
Services and other goods61-€237,172€260,900€252,957€237,483▼ 6.1%
Remuneration, social security and pensions62-€262,246€284,749€316,141€410,528▲ 29.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,478€14,478€16,897€33,567€26,731▼ 20.4%
Other operating charges640/8-€2,548€3,709€2,596€3,024▲ 16.5%
Operating profit (loss)9901€82,769€86,072€80,547€153,613€199,412▲ 29.8%
Financial income75/76B-€2.2m€3.7m€1.0m€1.4m▲ 40.6%
Recurring financial income75€1.5m€2.2m€3.7m€1.0m€1.4m▲ 40.6%
Income from financial fixed assets750-€2.2m€3.6m€1.0m€1.4m▲ 35.4%
Income from current assets751--€2,250---
Other financial income752/9-€0€102,604€0€52,525▲ 131,312,125%
Financial charges65/66B--€1,599-€16,643€35,194€9,532▼ 72.9%
Recurring financial charges65-€9,983-€8,919-€19,669€35,194€9,532▼ 72.9%
Debt charges650€361€1€7,188€33,192€0▼ 100%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651--€11,706-€28,816-€6,435€0▲ 100%
Other financial charges652/9-€2,786€1,959€8,438€9,532▲ 13.0%
Non-recurring financial charges66B-€7,320€3,026---
Profit (loss) for the period before taxes9903€1.6m€2.3m€3.8m€1.1m€1.6m▲ 42.7%
Income taxes67/77-€16,323€34,781€65,827€153,790€168,904▲ 9.8%
Taxes670/3-€34,781€65,857€155,753€168,904▲ 8.4%
Tax adjustments and reversals of tax provisions77--€30€1,963€0▼ 100%
Profit (loss) for the period9904€1.6m€2.3m€3.7m€967,445€1.4m▲ 48.0%
Profit (loss) for the period to be appropriated9905€1.6m€2.3m€3.7m€967,445€1.4m▲ 48.0%
Line20202021202220232024Change
Assets
Total assets20/58€22.0m€24.0m€28.4m€28.5m€29.0m▲ 1.5%
Fixed assets21/28€16.1m€16.8m€19.9m€21.7m€26.7m▲ 23.0%
Tangible fixed assets22/27€35,495€21,016€132,635€99,068€72,337▼ 27.0%
Furniture and vehicles24-€21,016€132,635€99,068€72,337▼ 27.0%
Financial fixed assets28€16.0m€16.8m€19.7m€21.6m€26.6m▲ 23.2%
Affiliated companies280/1-€16.8m€19.7m€21.6m€26.6m▲ 23.2%
Participating interests280-€14.9m€14.9m€15.4m€21.4m▲ 39.0%
Amounts receivable281-€1.9m€4.8m€6.2m€5.1m▼ 16.4%
Current assets29/58€5.9m€7.2m€8.5m€6.9m€2.3m▼ 66.3%
Amounts receivable within one year40/41€196,532€126,963€8.0m€6.4m€772,491▼ 87.9%
Trade receivables40-€90,857€95,436€99,134€116,457▲ 17.5%
Other amounts receivable41-€36,106€7.9m€6.3m€656,034▼ 89.5%
Current investments50/53€410,739€326,625€253,215-€1.2m-
Other investments51/53-€326,625€253,215-€1.2m-
Cash at bank and in hand54/58€5.3m€6.7m€195,741€461,309€335,508▼ 27.3%
Deferred charges and accrued income490/1-€3,108€36,582€44,837€8,293▼ 81.5%
Equity and liabilities
Total equity and liabilities10/49€22.0m€24.0m€28.4m€28.5m€29.0m▲ 1.5%
Equity10/15€19.0m€21.2m€24.9m€25.7m€27.2m▲ 5.5%
Contributions10/11€1.5m€1.5m€1.5m€1.5m€1.5m=
Capital10-€1.5m€1.5m---
Issued capital100-€1.5m€1.5m---
Reserves13€17.5m€19.7m€23.5m€24.3m€25.7m▲ 5.9%
Non-distributable reserves130/1-€512,119€512,119-€512,119-
Legal reserve130-€512,119€512,119---
Reserves not available under the articles1311----€512,119-
Distributable reserves133-€19.2m€22.9m€24.3m€25.2m▲ 3.8%
Amounts payable17/49€3.0m€2.7m€3.4m€2.8m€1.8m▼ 35.5%
Amounts payable after more than one year17€2.7m€2.3m€2.0m€1.7m€1.3m▼ 20.0%
Financial debts170/4-€2.3m€2.0m€1.7m€1.3m▼ 20.0%
Other loans174-€2.3m€2.0m€1.7m€1.3m▼ 20.0%
Amounts payable within one year42/48€372,390€377,736€1.4m€1.1m€476,204▼ 57.3%
Current portion of amounts payable after more than one year42-€331,427€331,427€331,427€331,427=
Trade debts44€6,145€7,957€168€7,659€38,261▲ 400%
Suppliers440/4-€7,957€168€7,659€38,261▲ 400%
Taxes, remuneration and social security45-€27,668€64,475€48,038€102,797▲ 114%
Taxes450/3-€24,210€61,058€44,485€67,754▲ 52.3%
Remuneration and social security454/9-€3,458€3,417€3,553€35,042▲ 886%
Other amounts payable47/48-€10,684€1.0m€728,979€3,720▼ 99.5%
Accrued charges and deferred income492/3-€36,340€29,343€37,752€11,112▼ 70.6%
Line20202021202220232024Change
Profit (loss) for the period9904€1.6m€2.3m€3.7m€967,445€1.4m▲ 48.0%
+ Depreciation and write-downs630€14,478€14,478€16,897€33,567€26,731▼ 20.4%
Operating cash flow (approximation)€1.7m€2.3m€3.7m€1.0m€1.5m▲ 45.7%
Investment in fixed assets (approximation)--€730,000-€3.1m-€1.8m-€5.0m▼ 172%
Change in cash-€1.4m-€6.5m€265,568-€125,801▼ 147%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
State Gazette act Reappointments: Raymond Libeert, Michaël Huyghe and Amy Behn
Appointment: BV Sophie Manigart (director) · Permanent representative: Sophie Manigaert7 facts ▸
  • General meeting, 01-06-2026
  • Other statement, collectief ontslag bestuurders, vrijwillig
  • Director reappointment, Raymond Libeert (director)
  • Director reappointment, Michaël Huyghe (director)
  • Director reappointment, Amy Behn (director)
  • Director appointment, BV Sophie Manigart (director)
  • Permanent representative, Sophie Manigaert (permanent representative)
16-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
16-06
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
26-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
04-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €967,445 ▼74%
Net result drops to €967,445, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €25mEq €25.7m ▲3.3%
6 profitable years in a row build equity to €25.7m.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 24 days late
24-08
NBB filing Annual accounts filed
fiscal year 2022 · consolidated · 24 days late
2022
31-12
Financial Highest result since 2018net €3.7m ▲63.2%
Net result €3.7m, the highest in the series.
21-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 52 days late
21-09
NBB filing Annual accounts filed
fiscal year 2021 · consolidated · 52 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 29 acts read
About the unread acts

Of the 29 Belgian State Gazette acts we know for this company, 1 has been read. The other 28 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26092641). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

Sophie Manigart
Director · since 17-07-2026 · Private limited company · perm. rep.: Sophie Manigaert
Current
Amy Behn
Director
Current
Current
Current

Permanent representatives 1

Sophie Manigaert
Permanent representative · since 17-07-2026 · for Sophie Manigart
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
28 of this company's 29 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
3.0 ha
Building footprint
2.4 ha
Parcel 37322C0407/00C003, Flanders. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
LIFLAX BV
Tieltstraat 114, 8760 TieltInsurance, reinsurance and pension funding, except compulsory social security
since 19892.041.975.011
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37322C0407/00C003 Flanders 3.0 ha 1 · 2.4 ha -
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.

Mandate history

4 people since 2026, 4 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Amy Behn
  • Director, already before 17-07-2026 to date
Michael Huyghe
  • Director, already before 17-07-2026 to date
Raymond Libeert
  • Director, already before 17-07-2026 to date
Sophie Manigart
  • Director, from 17-07-2026 to date
See the board, name and seat on a given date →

Structure & network

Heads the group LIFLAX 4 companies Group, risk and exposure

Owners and holdings

4 holdings · 5 subsidiaries in the tree

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 4

All subsidiaries, including indirect ones 5

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of LIFLAX 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

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
EnergyVision
Shared corporate director
→

Ownership & control

3 board mandates
LIFLAXBE 0435.894.838
controls
Where this company holds controlsubsidiary per the LEI register1
Tielt
Board mandates of this companythis company sits on their board2
1 location

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 35 EUR awarded · 35 EUR paid
Year Entries awardedpaid
2022 1 35 EUR35 EUR
Schemes
1 entry · 35 EUR · 35 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

967600IG5YPN9YQE3015
live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 3,198 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-11-1988
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435894838
Also 9925:BE0435894838
Registered 18-05-2026

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

Register as of 28 September 2026 · Peppol Directory

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