Financials
Financial year 2025
LIFE GROUP from Beveren-Kruibeke-Zwijndrecht, company number BE0892891235, closed financial year 2025 with a result of € 16,040 after tax. For that financial year LIFE GROUP recorded a gross margin of € 66,139 and equity of € 666,916. Compared with financial year 2024, the result moved from € -38,840 to € 16,040. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 5, 2025.
€ 666,916
▲ 114% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,040
▲ still € 38,840 loss in 2024
Profit after tax over the fiscal year.
€ 23,134
▲ € 18,180 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 548,716.
People and assets in 2025
€ 1,060
▲ 217% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 30% vs 2024
€ 70,960 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 24,646
▲ 171% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,272
▲ € 5,070 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 | € 204,834 | € 260,164 | € -43,366 | € 66,139 | ▲ € 109,505 |
| Profit after taxes | € 257,921 | € 18,793 | € -38,840 | € 16,040 | ▲ € 54,881 |
| Equity | € 331,325 | € 350,118 | € 311,278 | € 666,916 | ▲ 114% |
| Total debts | € 4,660,716 | € 3,028,186 | € 2,775,083 | € 2,350,487 | ▼ 15% |
| Cash | € 23,296 | € 13,620 | € 4,954 | € 23,134 | ▲ € 18,180 |
| Land & buildings | - | - | - | € 82,327 | |
| Retained profit | € 250,325 | € 269,118 | € 230,278 | € 548,716 | ▲ 138% |
| Bank debt | € 4,525,322 | € 2,939,786 | € 2,146,510 | € 1,494,190 | ▼ 30% |
| Balance sheet total | € 4,992,041 | € 3,378,304 | € 3,086,360 | € 3,017,403 | ▼ 2% |
| Employees (FTE) | 1.2 | - | - | - |
Key figures of LIFE GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LIFE GROUP?
What happened at LIFE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,040. Source: NBB ↗
- Florian Thiers became a director. NBB
- Maarten De Lamper stepped down as director. NBB
- Maarten De Lamper became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Federico Thiers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 257,921 profit in 2022 to € 16,040 profit in 2025.
Paid € 48,327 in corporate taxes since 2022.
Best year ever: 2022, with € 257,921 profit.
On average € 170,700 of value added per employee in 2022.
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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
Behind LIFE GROUP are Florian Thiers and Federico Thiers. It owns 100% of Electrostcok itself.
Directors
According to the 2025 annual accounts
Federico Thiers
Director
Also active at: LETHI, TIMANCO, LETHI'S COLLECTION, Electrostock, MASINVER, DESECO
since 2007
since 2015 · until 2024
Establishments
Establishment units
Physical locations of this company
Kerkhoekstraat 13 box 5
9150 Beveren-Kruibeke-Zwijndrecht
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.
Details
- Company number
- 0892.891.235
- VAT number
- BE 0892.891.235
- Registered office
- Kerkhoekstraat 13 bus 5, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- LIFE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2007
- Peppol
- Active · Active since 1 Jul 2026
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Groothandel in wijnen en geestrijke dranken
Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Detailhandel in wijnen en geestrijke dranken
Detailhandel in ICT-apparatuur
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen in gespecialiseerde winkels
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