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NORTHSEALIFE

Active
Private limited companyfounded 2011active for 14 yearsBeke 22, 9950 Lievegem, BelgiumKBO/BCE: BE 0841.575.067
Summary

NORTHSEALIFE has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,322 and a net result of €558. Equity has been stable since 2019 (±1.2% per year). Its solvency ranks better than 71% of 1,009 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-11-2011 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Manufacture of food products NACE 10200and 1 other
Establishment unit
2.241.574.879 9950 Lievegem, since 06-12-2011
Financial year end
30 September
Peppol
Reachable since 15-01-2026

Board and ownership

Board
  • R&D EventsDirector · permanent representative VAN BEYLEN Rudi Karel Mia

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€1,269
▼ 26.5%
Turnover
≈ €8,600
estimated
Profit
€558
▼ 28.3%
Equity
€26,322
▲ 2.2%
Total assets
€48,240
▲ 82.1%
Filed on 29-04-2026, 1 day before the deadline
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 8.22, cash €43,970Founded in 2011Equity €26,322 (54.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 80-20
equity 54.6% of total assets
Liquidity 99-1
short-term debt 12.2% · cash 91.1%
Profitability 40-5
return on assets 1.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.4 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.22 (74.13 in 2024), above the usual 1.5. Short-term debt is 12.2% and cash 91.1% of total assets. 45.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 70% of them on solvency, 97% on liquidity, 26% on profitability and 43% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.22, cash €43,970
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €26,322 (54.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
16 days late
2023
18 days early
2022
23 days early
2021
31 days early
2020
31 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 13 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 80% of companies in food productssector median €257,177 · 1,009 companies €26,322 View
  • Positive: 6 profitable years in a rowprofit 2025: €558 6 years View

Recent changes

  1. · Gazette deed Resignations: CLAEYS Filip Jacques Irma (manager) and R&D Events (manager)Reappointments: CLAEYS Filip Jacques Irma (director) and R&D Events (director) · Permanent representative: VAN BEYLEN Rudi Karel Mia
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as NORTHSEALIFE: manufacture of food products (NACE 10200). They are comparable in size and age: total assets between €6,600 and €134,000, founded between 2006 and 2024.

CompanyTotal assetsGross margin
NORTHSEALIFE Lievegem€48,240€1,269
VISBEWERKING NEIRINCK Knokke-Heist€48,624€2,521
Nomet Gent€105,568-€75,242
Rich Vis Aalter€133,324€13,308
GOLD FISH Jurbise€99,843€18,270
Asie Gourmande Grimbergen€134,432€15,481
VISHANDEL STEIJVERS Maaseik€6,596-€4,164
Full comparison

Key facts about NORTHSEALIFE

What is the company number of NORTHSEALIFE?
The company number of NORTHSEALIFE is 0841.575.067. The VAT number is the same number with BE in front: BE 0841.575.067.
Where is NORTHSEALIFE based?
The registered office is at Beke 22, 9950 Lievegem.Company details
What does NORTHSEALIFE do?
According to the KBO register, the main activity is manufacture of food products (NACE 10200).
What is the legal form of NORTHSEALIFE?
The legal form of NORTHSEALIFE is Private limited company (BV).
When was NORTHSEALIFE founded?
NORTHSEALIFE was founded on 28-11-2011.
Is NORTHSEALIFE still active?
Yes, NORTHSEALIFE is an active enterprise in the KBO register.
How many employees does NORTHSEALIFE have?
NORTHSEALIFE had an average of 0.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of NORTHSEALIFE?
The turnover in financial year 2025 is ≈ €8,600. This figure is estimated from the gross margin of €1,269 and 2,698 comparable companies of the same size. It probably lies between €3,600 and €21,000. It is a rough estimate.
Is NORTHSEALIFE profitable?
In financial year 2025, NORTHSEALIFE made a profit of €558.
Where can I find the annual accounts of NORTHSEALIFE?
NORTHSEALIFE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NORTHSEALIFE due?
NORTHSEALIFE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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