Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GLOBAL LIFE 4 from Oostkamp, company number BE0649988090, closed financial year 2025 with a result of € -567,307 after tax. For that financial year GLOBAL LIFE 4 recorded a gross margin of € 1.3 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 962,993 to € -567,307. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 4.6 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -567,307
▼ still € 962,993 profit in 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 221% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 15.3 million
▲ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 813,497
▲ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,096
▼ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 840,294 | € 2,830,648 | € 2,716,217 | € 1,348,125 | ▼ 50% |
| Profit after taxes | € -191,661 | € 267,936 | € 962,993 | € -567,307 | ▼ € 1.5 million |
| Equity | € 3,958,783 | € 4,226,719 | € 5,189,712 | € 4,622,405 | ▼ 11% |
| Total debts | € 33,608,318 | € 37,623,307 | € 29,840,175 | € 28,442,366 | ▼ 5% |
| Cash | € 340,642 | € 174,300 | € 572,468 | € 1,838,516 | ▲ 221% |
| Land & buildings | € 11,492,982 | € 6,956,875 | € 6,059,617 | € 5,890,933 | ▼ 3% |
| Retained profit | € 3,458,783 | € 3,726,719 | € 4,689,712 | € 4,122,405 | ▼ 12% |
| Bank debt | € 19,970,994 | € 21,808,844 | € 14,085,000 | € 15,284,892 | ▲ 9% |
| Balance sheet total | € 38,221,135 | € 42,504,058 | € 35,142,263 | € 33,064,772 | ▼ 6% |
Key figures of GLOBAL LIFE 4, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GLOBAL LIFE 4?
What happened at GLOBAL LIFE 4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 567,307 (▼ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,661 loss in 2022 to € 567,307 loss in 2025.
Paid € 659,922 in corporate taxes since 2022.
Best year ever: 2024, with € 962,993 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Tjaka, European Estate Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLOBAL LIFE 4Behind GLOBAL LIFE 4 are Kathleen Dewulf, Francis Coucke, Stany Wilms, Koen Brutsaert and Luc Beke. The shares are held by Tjaka (23.8%) and European Estate Management (11.9%). It owns 100% of Trans European Properties IV Lease itself.
Directors
According to the 2025 annual accounts
Kathleen Dewulf
Director
Also active at: Global Bazadaise, SINT-JANSPARK, G.M.K. Entreprises, J2, ABRAM, DEJAEGHER, Global Jordan & Freeman, GLOBAL BELIEVE CORPORATION +9 more
Francis Coucke
Director
Also active at: Global Bazadaise, J2, ITICON, EGYPTE INVEST, ABRAM, GLOBAL OSTEND SEA VIEW, GLOBAL IMPACT, DEJAEGHER +24 more
Stany Wilms
Director
Also active at: Asset Financing Corporation, Global Bazadaise, SINT-JANSPARK, European Estate Management, Cellinvest, FLANDERS ESTATE, J2, Loppem Racing +45 more
Koen Brutsaert
Director
Also active at: Alkove, Lanson Industries Plant I, CID LINES, Immo Genics, BRUKO, EUROPAL-LOGISTICS, GLOBAL RENTAL PROPERTIES II, FIBRIMMO +12 more
Luc Beke
Director
Also active at: Global Bazadaise, G.M.K. Entreprises, Alkove, Lanson Industries Plant I, Cellinvest, J2, Loppem Racing, GOEDE AARDE +67 more
Shareholders
23.8%
Participations
Establishments
Establishment units
Physical locations of this company
Kapellestraat 117
8020 Oostkamp
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →Global Bazadaise same network
€ 1.9 million gross margin · 2025
SINT-JANSPARK same network
G.M.K. Entreprises same network
€ 37,185 gross margin · 2025
Cellinvest same network
€ 160,135 gross margin · 2025
J2 same network
€ -15,777 gross margin · 2025
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0649.988.090
- VAT number
- BE 0649.988.090
- Registered office
- Kapellestraat 117, 8020 Oostkamp
- Names & denominations
- GLOBAL LIFE 4
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2016
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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