What does LifeScan Belgium do?

LifeScan Belgium is a wholesaler in Westerlo. Private Limited, started on 28 May 2018, 1 establishment.

What is the address of LifeScan Belgium?

The registered office of LifeScan Belgium is located at Nijverheidsstraat 13, 2260 Westerlo.

Is LifeScan Belgium still active?

Yes. According to the CBE (31 October 2026) LifeScan Belgium is active, legal situation “Normale toestand”, started on 28 May 2018.

Is LifeScan Belgium registered on Peppol?

Yes, LifeScan Belgium is registered on the Peppol network with ID 0208:0696820779.

What is the enterprise number of LifeScan Belgium?

The enterprise number of LifeScan Belgium is BE0696820779.

When was LifeScan Belgium founded?

LifeScan Belgium was founded on 28 May 2018.

Who are the directors of LifeScan Belgium?

According to the 2025 annual accounts, the directors of LifeScan Belgium are: James K Rushing Jr, Bimal Desai, Alisandra Rizzolo.

Is LifeScan Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 May 2018; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did LifeScan Belgium make in 2025?

LifeScan Belgium posted a profit after taxes of € 175,162 in financial year 2025.

What is the revenue of LifeScan Belgium?

As a small company, LifeScan Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,174,010.

How much does an employee at LifeScan Belgium earn?

The average wage cost per full-time employee at LifeScan Belgium was € 145,900 in 2025: staff costs of € 1.8 million for 12.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LifeScan Belgium have?

According to the 2025 annual accounts, LifeScan Belgium has 12.3 full-time equivalents (FTE).

LifeScan Belgium (Private Limited) - Westerlo

Dossier LifeScan Belgium, printed on 31 October 2026 from databakkes.be/en/0696820779/lifescan-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 19.5 to 12.3.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.
Busy address KBO

39 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

LifeScan Belgium from Westerlo, company number BE0696820779, closed financial year 2025 with a result of € 175,162 after tax. For that financial year LifeScan Belgium recorded a gross margin of € 2.2 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 210,036 to € 175,162. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.

What it is worth Growing

€ 2.1 million

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 175,162

▼ 17% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.5 million.

People and assets in 2025

Full-time equivalents

12.3

▼ 2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▼ 44% vs 2024

€ 145,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 68,377

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 563,651

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 4,631,180 Gross margin 2022: € 4,631,180 First fiscal year in the series	€ 4,418,202 Gross margin 2023: € 4,418,202 ▼ 5% vs 2022 (€ 4,631,180) Unfavourable step	€ 3,583,497 Gross margin 2024: € 3,583,497 ▼ 19% vs 2023 (€ 4,418,202) Unfavourable step	€ 2,174,010 Gross margin 2025: € 2,174,010 ▼ 39% vs 2024 (€ 3,583,497) Unfavourable step	▼ 39%
Profit after taxes	€ 32,079 Profit after taxes 2022: € 32,079 First fiscal year in the series	€ 84,324 Profit after taxes 2023: € 84,324 ▲ 163% vs 2022 (€ 32,079) Favourable step	€ 210,036 Profit after taxes 2024: € 210,036 ▲ 149% vs 2023 (€ 84,324) Favourable step	€ 175,162 Profit after taxes 2025: € 175,162 ▼ 17% vs 2024 (€ 210,036) Unfavourable step	▼ 17%
Equity	€ 1,599,809 Equity 2022: € 1,599,809 First fiscal year in the series	€ 1,684,133 Equity 2023: € 1,684,133 ▲ 5% vs 2022 (€ 1,599,809) Favourable step	€ 1,894,170 Equity 2024: € 1,894,170 ▲ 12% vs 2023 (€ 1,684,133) Favourable step	€ 2,069,332 Equity 2025: € 2,069,332 ▲ 9% vs 2024 (€ 1,894,170) Favourable step	▲ 9%
Total debts	€ 4,589,914 Total debts 2022: € 4,589,914 First fiscal year in the series	€ 5,471,840 Total debts 2023: € 5,471,840 ▲ 19% vs 2022 (€ 4,589,914) Unfavourable step	€ 3,706,504 Total debts 2024: € 3,706,504 ▼ 32% vs 2023 (€ 5,471,840) Favourable step	€ 3,679,551 Total debts 2025: € 3,679,551 ▼ 1% vs 2024 (€ 3,706,504) Favourable step	▼ 1%
Cash	€ 23 Cash 2022: € 23 First fiscal year in the series	-	€ 24 Cash 2024: € 24 First fiscal year in the series	-
Retained profit	€ 987,409 Retained profit 2022: € 987,409 First fiscal year in the series	€ 1,071,733 Retained profit 2023: € 1,071,733 ▲ 9% vs 2022 (€ 987,409) Favourable step	€ 1,281,770 Retained profit 2024: € 1,281,770 ▲ 20% vs 2023 (€ 1,071,733) Favourable step	€ 1,456,932 Retained profit 2025: € 1,456,932 ▲ 14% vs 2024 (€ 1,281,770) Favourable step	▲ 14%
Balance sheet total	€ 6,189,722 Balance sheet total 2022: € 6,189,722 First fiscal year in the series	€ 7,155,973 Balance sheet total 2023: € 7,155,973 ▲ 16% vs 2022 (€ 6,189,722) Unchanged	€ 5,600,674 Balance sheet total 2024: € 5,600,674 ▼ 22% vs 2023 (€ 7,155,973) Unchanged	€ 5,748,883 Balance sheet total 2025: € 5,748,883 ▲ 3% vs 2024 (€ 5,600,674) Unchanged	▲ 3%
Employees (FTE)	22.9 Employees (FTE) 2022: 22.9 First fiscal year in the series	19.5 Employees (FTE) 2023: 19.5 ▼ 3.4 vs 2022 (22.9) Unchanged	14.3 Employees (FTE) 2024: 14.3 ▼ 5.2 vs 2023 (19.5) Unchanged	12.3 Employees (FTE) 2025: 12.3 ▼ 2 vs 2024 (14.3) Unchanged	▼ 2

Key figures of LifeScan Belgium, 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 LifeScan Belgium?

What happened at LifeScan Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2026 New annual accounts for financial year 2025: profit of € 175,162 (▼ 17% vs 2024). filed late Source: NBB ↗
2026 Bimal Desai became a director. NBB
2026 Alisandra Rizzolo stepped down as director. NBB
2024 James K Rushing Jr became a director. NBB
2019 Alisandra Rizzolo became a director. NBB
May 28, 2018 New establishment in Westerlo. KBO
May 28, 2018 Start of the company according to the CBE. KBO

In short

From € 32,079 profit in 2022 to € 175,162 profit in 2025.

Paid € 284,328 in corporate taxes since 2022.

Best year ever: 2024, with € 210,036 profit.

On average € 176,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

James K Rushing Jr Bimal Desai

LifeScan Belgium

Behind LifeScan Belgium are James K Rushing Jr and Bimal Desai.

Directors

According to the 2025 annual accounts

James K Rushing Jr

Director

since 2024

Bimal Desai

Director

since 2026

Alisandra Rizzolo

Director

since 2019 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidsstraat 13

2260 Westerlo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.

All companies at this address →

LOPAR

€ 1.2 million gross margin · 2025

INNOCHEM

€ 34.3 million revenue · 2026

THYS BOUWPROJECTEN

€ -296,460 gross margin · 2025

KERTEZA

€ 912,803 gross margin · 2025

GMI group

€ 16.9 million revenue · 2025

+34 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

0696.820.779

VAT number

BE 0696.820.779

Registered office

Nijverheidsstraat 13, 2260 Westerlo

Names & denominations

LifeScan Belgium

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 May 2018

Peppol

Active · Active since 8 Jan 2026

Activities · NACE

Groothandel in farmaceutische en medische artikelen

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

LifeScan Belgium

Warning lights

Financials

What happened to LifeScan Belgium?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions