Equity
-€70,664
Debts exceed assets in financial year 2025.
LIFO
Lifetime
4 annual accounts with figures on one time axispeak -€282 (2025)
-€282▲ €2,978
lowest -€61,643 (2022)
-€1,865▲ €3,429
peak -€31,643 (2022)
-€70,664▼ €1,865
€951,635▲ 0.3%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from -€3,260 to -€282Loss of €1,865Cash from €652 to €138
Key points
from the 2025 annual accountsLosses
-€100,664 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€951,635 108% of the balance sheet
Filings
4 annual accounts 1 late
The 2022 accounts came 8 days late. The other three were filed on time.
Starting capital
€30,000
Position in the sector
-€70,664
Less equity than 91% of companies in real estate. Sector median €86,468 · 19,833 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,167 companies had the same profile as LIFO has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,167 companies, not a prediction for LIFO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 22-07-2021
Director, since 22-07-2021
- 50 sharesdeed of 26-07-2021
- 50 sharesdeed of 26-07-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771620053
Incorporation
Founding capital of €30,000 · Founders: and · Appointments: (director) and (director) · published on 26-07-2021 · Gazette deed
First establishment
Bois-Héros 5, Lasne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LIFO Lasne | €0.9m | -€282 | -8.0% | - |
| Hexia Acres Wevelgem | €0.9m | -€5,088 | 3.9% | 0 |
| RADICES Knokke-Heist | €0.9m | -€9,827 | -6.6% | - |
| S&F Immo Ravels | €0.9m | -€2,663 | -6.6% | 0 |
| Verviers 2.0 Heist-op-den-Berg | €0.8m | -€9,852 | -24.8% | - |
| QUARES REAL ESTATE INVESTMENT MANAGEMENT RESIDENTIAL INVESTMENT Antwerp | €0.8m | €753 | 8.2% | 0 |
| RIAL IMMO Antwerp | €1.1m | -€23,911 | -9.8% | - |
These companies have the same main activity as LIFO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €751,000 and €1.1m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 22-07-2021Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.323.756.6451380 Lasne, since 22-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- €880,971▲ 0.1%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on LIFO
LIFO files the micro format. That format states no turnover. The gross margin rose from -€30,066 in 2022 to -€282 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LIFO
- What is the company number of LIFO?
- The company number of LIFO is 0771.620.053. The VAT number is the same number with BE in front: BE 0771.620.053.
- Where is LIFO based?
- The registered office is at Bois-Héros 5, 1380 Lasne.Company details
- What does LIFO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of LIFO?
- LIFO is a private limited company (BV).
- When was LIFO founded?
- LIFO was founded on 22-07-2021.
- Is LIFO still active?
- Yes, LIFO is an active enterprise in the KBO register.
- What is the turnover of LIFO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LIFO profitable?
- In financial year 2025, LIFO made a loss of €1,865.
- Where can I find the annual accounts of LIFO?
- LIFO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIFO due?
- LIFO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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