Financials
Financial year 2025
LIFEMEDIA from Ath, company number BE0806954975, closed financial year 2025 with a result of € 20,565 after tax. For that financial year LIFEMEDIA recorded a gross margin of € 30,863 and equity of € 120,527. Compared with financial year 2024, the result moved from € 22,386 to € 20,565. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 120,527
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,565
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 12,206
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 34,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,770
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,038
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 4,239
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,077
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,167 | € 55,101 | € 37,359 | € 30,863 | ▼ 17% |
| Profit after taxes | € 36,693 | € 32,445 | € 22,386 | € 20,565 | ▼ 8% |
| Equity | € 79,130 | € 111,576 | € 133,962 | € 120,527 | ▼ 10% |
| Total debts | € 31,504 | € 23,638 | € 17,469 | € 53,219 | ▲ 205% |
| Cash | € 42,877 | € 51,884 | € 21,897 | € 12,206 | ▼ 44% |
| Retained profit | € 66,730 | € 99,176 | € 121,562 | € 108,127 | ▼ 11% |
| Dividend | € 6,693 | € 0 | € 0 | € 34,000 | |
| Bank debt | € 18,109 | € 18,355 | € 11,864 | € 12,038 | ▲ 1% |
| Balance sheet total | € 110,635 | € 135,213 | € 151,431 | € 173,746 | ▲ 15% |
Key figures of LIFEMEDIA, 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 LIFEMEDIA?
What happened at LIFEMEDIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,565 (▼ 8% vs 2024). filed late Source: NBB ↗
- Michael VANCUTSEM became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ath. KBO
In short
From € 36,693 profit in 2022 to € 20,565 profit in 2025.
Paid € 48,898 in corporate taxes since 2022.
Best year ever: 2022, with € 36,693 profit.
Paid out € 40,693 in dividends to the owners in total.
Management
Behind LIFEMEDIA is Michael VANCUTSEM.
Directors
According to the 2025 annual accounts
Michael VANCUTSEM
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Chemin du Castillon(ISI) 15
7822 Ath
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANCUTSEM Michaël Jackson Sébastien(oprichter) 100%
Details
- Company number
- 0806.954.975
- VAT number
- BE 0806.954.975
- Registered office
- Chemin du Castillon(ISI) 15, 7822 Ath
- Names & denominations
- LIFEMEDIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 October 2008
- Peppol
- Active · Active since 25 Aug 2025
- Activities · NACE
Activiteiten op het gebied van de distributie van films en video’s
Detailhandel in ICT-apparatuur
Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels