LIFE PLAN
InactiveInactive; last annual accounts for fiscal year 2025.
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 31-03-2025 was due by 31-10-2025 and was filed on 23-07-2025, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
76 d early
2023
34 d early
2022
19 d early
2021
25 d late
2020
26 d early
2019
108 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€-51k▲ 87.7%
2024 · €-412k
2018: €285k
2019: €471k
2020: €9k
2021: €79k
2022: €81k
2023: €-240k
2024: €-412k
2018 → 2025
Total assets
€615k▲ 32.5%
2024 · €464k
2018: €578k
2019: €641k
2020: €647k
2021: €683k
2022: €429k
2023: €682k
2024: €464k
2018 → 2025
Net result
€361k
2024 · €-172k
2018: €154k
2019: €185k
2020: €39k
2021: €70k
2022: €2k
2023: €-378k
2024: €-172k
2018 → 2025
Working capital
€480k▲ 264%
2024 · €132k
2018: €288k
2019: €426k
2020: €-33k
2021: €59k
2022: €71k
2023: €482k
2024: €132k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€81k▲ 2.2%€-240k€-412k▼ 71.6%€-51k▲ 87.7%
Operating result€110k-€21k▼ 81.4%€-387k€-166k▲ 57.1%€363k
Net result€70k-€2k▼ 97.5%€-378k€-172k▲ 54.5%€361k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €363k after a loss of €166k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €615k
Fixed assets
€1k ▼ 81.1%
Current assets
€613k ▲ 34.2%
Key figures and ratios
EBITDA
€363k▲
2024 · €-161k
Cash flow
€361k▲
2024 · €-167k
Solvency
-8.2%▲
2024 · -88.8%
Current ratio
4.62▲
2024 · 1.41
Debt to equity
-3.27▼
2024 · -0.91
ROA
58.8%▲
2024 · -37.1%
Interest coverage
225.98▲
2024 · -33.95
Debt
€165k▼
2024 · €376k
Debt ≤ 1 year
€133k▼
2024 · €325k
Income taxes
€0▼
2024 · €1k
Staff costs
€0▼
2024 · €501k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€464k€615k▲
Fixed assets21/28€7k€1k▼
Tangible fixed assets22/27€6k€0▼
Furniture and vehicles24€6k€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€457k€613k▲
Amounts receivable within one year40/41€69k€120k▲
Trade receivables40€69k€119k▲
Other amounts receivable41€0€957▲
Cash at bank and in hand54/58€33k€13k▼
Deferred charges and accrued income490/1€354k€480k▲
Equity and liabilities
Total equity and liabilities10/49€464k€615k▲
Equity10/15€-412k€-51k▲
Contributions10/11€18k€18k=
Reserves13€1k€1k=
Tax-exempt reserves132€1k€1k=
Profit (loss) carried forward14€-431k€-70k▲
Provisions and deferred taxes16€500k€500k=
Provisions for liabilities and charges160/5€500k€500k=
Other liabilities and charges164/5€500k€500k=
Amounts payable17/49€376k€165k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€325k€133k▼
Current portion of amounts payable after more than one year42€200k€73k▼
Trade debts44€69k€25k▼
Suppliers440/4€69k€25k▼
Taxes, remuneration and social security45€54k€26k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€52k€25k▼
Other amounts payable47/48€2k€9k▲
Accrued charges and deferred income492/3€51k€32k▼
Income statement
Code20242025
Non-recurring operating income76A€7k€22k▲
Remuneration, social security and pensions62€501k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€0▼
Other operating charges640/8€2k€313▼
Gross operating margin9900€341k€363k▲
Operating profit (loss)9901€-166k€363k▲
Financial income75/76B€82€0▼
Recurring financial income75€82€0▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€-171k€361k▲
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€-172k€361k▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-172k€361k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-431k€-70k▲
Profit (loss) brought forward from the previous period14P€-259k€-431k▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90875.80.0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
24-04
State Gazette act
General meeting · Merger
Accounting effect
31-03
Financial
Back to profitnet €361k
Net result €361k after 2 loss-making years.
31-03
Financial
Liquidity triplescurrent ratio 4.62
Current ratio from 1.41 to 4.62; short-term debt falls from €325k to €133k.
04-02
State Gazette act
Board meeting · Merger
Accounting effect · Corporate purpose
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-378k ▼21723%
Net result drops to €-378k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.56
Current ratio from 1.22 to 3.56; short-term debt falls from €325k to €189k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 24 acts read
About the unread acts
We know of 24 Belgian State Gazette acts for this company. None of them has 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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:ADD
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,994 EUR awarded · 1,994 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 741 EUR | 741 EUR |
| 2022 | 1 | 1,253 EUR | 1,253 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)