Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
FOUNTAIN OF LIFE from Leuven, company number BE0629993026, closed financial year 2023 with a result of € -2,524 after tax. For that financial year FOUNTAIN OF LIFE recorded a gross margin of € -1,041 and equity of € -68,459. Compared with financial year 2022, the result moved from € 2,050 to € -2,524. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2024.
€ -68,459
▼ € 2,524 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,524
▼ still € 2,050 profit in 2022
Profit after tax over the fiscal year.
€ 333
▲ € 319 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,059.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 2,896
▲ 105% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 913 | € 2,609 | € -1,041 | ▼ € 3,650 |
| Profit after taxes | € 416 | € 2,050 | € -2,524 | ▼ € 4,574 |
| Equity | € -67,985 | € -65,935 | € -68,459 | ▼ € 2,524 |
| Total debts | € 76,460 | € 73,462 | € 76,202 | ▲ 4% |
| Cash | € 12 | € 13 | € 333 | ▲ € 319 |
| Retained profit | € -86,585 | € -84,535 | € -87,059 | ▼ € 2,524 |
| Balance sheet total | € 8,474 | € 7,526 | € 7,743 | ▲ 3% |
Key figures of FOUNTAIN OF LIFE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to FOUNTAIN OF LIFE?
What happened at FOUNTAIN OF LIFE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FOUNTAIN OF LIFE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 2,524 (▼ € 4,574 vs 2022). filed late Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 416 profit in 2021 to € 2,524 loss in 2023.
Best year ever: 2022, with € 2,050 profit.
Management
Behind FOUNTAIN OF LIFE are Peter Van Den Nieuwenhuijzen and Karen Rastelli. Karen Rastelli is also behind CIRCUS RASTELLI and Into Belgium.
Directors
According to the 2023 annual accounts
Peter Van Den Nieuwenhuijzen
Director
Establishments
Establishment units
Physical locations of this company
Remy Alloingstraat 17
3018 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0629.993.026
- VAT number
- BE 0629.993.026
- Registered office
- Remy Alloingstraat 17, 3018 Leuven
- Names & denominations
- FOUNTAIN OF LIFE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 May 2015
- Peppol
- Not registered
- Activities · NACE
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