About Life
Life is a private limited company (BVBA/SPRL, legacy) based in Anderlecht, founded in 2018. According to the company register, Life has the status "Opening faillissement". Its main activity is classified as "Uitgeven van overige software". For the 2023 financial year, Life reported a loss of €113,954. That makes 3 loss-making financial years in a row for Life. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €9,541. Equity is negative (-€130,300): liabilities exceed assets. In 2019 it was -€270. 5 annual accounts are available, covering 2019 to 2023.
- Sectors
- IT companies
- Activities
- Signals
-
Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Negative equityNegative equity € -130KEquity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -114KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.11The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -114KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -114KEBITDA is negative: operating activities are loss-making.
High social debt vs. personnel costsHigh social debt vs. personnel costs 32.8%Social debts are a high share of personnel costs, which may indicate social security arrears.
Financial ratios
|
|
2023
|
2022
|
2021
|
2020
|
|---|---|---|---|---|
|
€
10K
|
€
-6K
|
€
-2K
|
€
2K
|
|
|
€
-114K
|
€
-27K
|
€
-2K
|
€
984
|
|
|
€
-114K
|
€
-27K
|
€
-2K
|
€
289
|
|
|
€
-130K
|
€
-29K
|
€
-2K
|
€
19
|
|
|
-821.54%
|
-158.98%
|
|
1.25%
|
|
|
€
146K
|
€
47K
|
€
2K
|
€
1K
|
|
|
€
4K
|
€
17K
|
|
€
1K
|
Publications 3
All publications- Rubrique Fin (Cessation, Annulation Cessation, Nullite, Conc, Reorganisation Judiciaire, Etc...) 12/11/2024
- Demissions, Nominations 08/08/2019
- Rubrique Constitution (Nouvelle Personne Morale, Ouverture Succursale, Etc...) 03/12/2018
Frequently asked questions
Answers to the most common questions about Life, based on official government data and the filed annual accounts.
What is the VAT number of Life?
The VAT number of Life is BE0714.913.061.
When was Life established?
Life was founded in 29-11-2018.
What is the official address of Life?
The official address of Life is Paapsemlaan 20 Anderlecht 1070.
What is the legal form of Life?
The juridical form of Life is Private limited company (BVBA/SPRL, legacy).
What is the annual revenue of Life?
The 2023 accounts of Life do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Life a reliable company?
Life is a registered Rechtspersoon with company number 0714.913.061 and can be verified through the official CBE database.
What is the credit limit of Life?
The estimated credit limit of Life is €0.
Is Life still active?
Life currently has the status "Opening faillissement" and is not active.