G-LEVEL
G-LEVEL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170k and a net result of €-116k. Equity is shrinking by ~35.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 63% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €170k |
| Net result | €-116k |
| Staff (FTE) | 4.4 |
| Better than sector | 63% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.6% | 21.2% | |
| Net result | €-116k | €32k | |
| Equity | €170k | €163k | |
| Gross operating margin | €157k | €281k | |
| Staff costs | €206k | €211k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €-42k | €-15k | €-79k |
| Net profit | €-116k | €-89k | €-144k |
| Cash flow | €-47k | €-19k | €-71k |
| Staff costs | €206k | €188k | €171k |
| Income taxes | €161 | €174 | €165 |
| Dividends | - | - | - |
| Total assets | €538k | €659k | €802k |
| Equity | €170k | €286k | €375k |
| Debt | €368k | €373k | €427k |
| of which ≤ 1y | €362k | €284k | €276k |
| of which > 1y | €6k | €79k | €152k |
| Working capital | €-103k | €26k | €109k |
| Employees (FTE) | 4.4 | 4.0 | 4.4 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.72 | 1.09 | 1.39 |
| Quick ratio | 0.08 | 0.15 | 0.29 |
| Working capital ratio | -19.1% | 4.0% | 13.5% |
| Solvency | 31.6% | 43.4% | 46.7% |
| Debt / equity | 2.17 | 1.30 | 1.14 |
| Long-term debt ratio | 0.04 | 0.28 | 0.40 |
| Interest coverage | -5.66 | -1.93 | -7.90 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -21.6% | -13.5% | -17.9% |
| ROE | -68.3% | -31.0% | -38.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €538k | €659k | €802k |
| Fixed assets | 21/28 | €279k | €348k | €418k |
| Tangible fixed assets | 22/27 | €279k | €348k | €418k |
| Current assets | 29/58 | €259k | €311k | €384k |
| Stocks & contracts in progress | 3 | €231k | €269k | €305k |
| Amounts receivable within one year | 40/41 | €144 | €2k | €31k |
| Investments | 50/53 | - | - | €18k |
| Cash & bank | 54/58 | €24k | €30k | €31k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €538k | €659k | €802k |
| Equity | 10/15 | €170k | €286k | €375k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €151k | €267k | €356k |
| Amounts payable | 17/49 | €368k | €373k | €427k |
| Amounts payable after one year | 17 | €6k | €79k | €152k |
| Amounts payable within one year | 42/48 | €362k | €284k | €276k |
| Trade debts payable within one year | 44 | €120k | €79k | €117k |
| Income statement | ||||
| Gross operating margin | 9900 | €157k | €176k | €75k |
| Operating result | 9901 | €-111k | €-85k | €-151k |
| Financial income | 75 | €2k | €4k | €18k |
| Financial charges | 65 | €7k | €8k | €10k |
| Result before taxes | 9903 | €-116k | €-89k | €-144k |
| Income taxes | 67/77 | €161 | €174 | €165 |
| Net result for the period | 9904 | €-116k | €-89k | €-144k |
| Result to be appropriated | 9905 | €-116k | €-89k | €-144k |
-
Jeans Station BV-BEDirectorState Gazette act 23046287 (04-04-2023)Current16-03-2023 → present
-
Perfine BV-BEDirectorState Gazette act 23046287 (04-04-2023)Current16-03-2023 → present
Former directors (1)
-
D.M.D. Beheer BV-BEDirectorState Gazette act 23046287 (04-04-2023)Former- → 16-03-2023
| NACE primary | Retail sale of household textiles and bedding(47512) |
| Legal form | Private limited company(610) |
| Incorporation | 18-09-2003 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0750/00C000 | Flanders | 2,243 m² | 1 · 996 m² | 11.7 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-04-2023 2 directors appointed, 1 resigning
- Perfine BV-BE, Bestuurder
- Jeans Station BV-BE, Bestuurder
- D.M.D. Beheer BV-BE, Bestuurder
Technical details
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"events": [
{
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},
"reason": "de_plein_droit_dissolution",
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"effective_date": "2023-03-16",
"evidence_quote": "werd er met \u00E9\u00E9nparigheid van stemmen beslist met ingang van heden te ontslaan als bestuurder",
"decharge_status": null,
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"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
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},
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},
{
"kind": "director_in",
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},
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},
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Hasselt",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-03-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-03-16",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0860.547.673",
"name_full": "JEANS STATION BV",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0860.547.673",
"org_name": "JEANS STATION BV",
"person_name": null,
"org_rep_person_name": "Schepers Ivo",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | G-LEVEL |