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LEV CONSTRUCT

Active
Private limited companyfounded 20233 yrs activePrins Boudewijnlaan 76, 2610 Antwerpen, BelgiumKBO/BCE: BE 0798.860.920
Summary

The computed 12-month bankruptcy probability of LEV CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €41,851 and a net result of €16,513. Equity is growing by ~54.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 7586 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability91▼-3
Solvency70▼-8
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.13 in 2024; short-term debt: 54.6% and cash: 0.1% of total assets), but 54.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.4%
Return on assets
17.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-02-2026, 163 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
163 d early
2024
23 d early
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 52 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (3 of the last 3 filed years within 140 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LEV CONSTRUCT was incorporated on 27 February 2023 as a Private limited company.1 Total assets rose from EUR 42,707 in 2023 to EUR 92,160 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€41,851▲ 65.2%
2024 · €25,339
Total assets
€92,160▲ 92.7%
2024 · €47,825
Net result
€16,513▲ 51.7%
2024 · €10,887
Working capital
€27,385▲ 8.1%
2024 · €25,339
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€16,943-€13,928▼ 17.8%€20,936▲ 50.3%
Net result€13,452within the sector's middle half-€10,887within the sector's middle half▼ 19.1%€16,513within the sector's middle half▲ 51.7%
Equity€14,452within the sector's middle half-€25,339within the sector's middle half▲ 75.3%€41,851within the sector's middle half▲ 65.2%
Total assets€42,707below the sector's middle half-€47,825below the sector's middle half▲ 12.0%€92,160within the sector's middle half▲ 92.7%
Debt€28,255-€22,487▼ 20.4%€50,309▲ 124%
Working capital€14,452within the sector's middle half-€25,339within the sector's middle half▲ 75.3%€27,385within the sector's middle half▲ 8.1%
Solvency33.8%within the sector's middle half-53.0%within the sector's middle half▲ 19.1pp45.4%within the sector's middle half▼ 7.6pp
Current ratio1.51within the sector's middle half-2.13within the sector's middle half▲ 0.621.54within the sector's middle half▼ 0.58
Return on assets (ROA)31.5%above the sector's middle half-22.8%above the sector's middle half▼ 8.7pp17.9%within the sector's middle half▼ 4.8pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2023: €16,943€16,943Net result 2023: €13,452€13,452Operating result 2024: €13,928€13,928Net result 2024: €10,887€10,887Operating result 2025: €20,936€20,936Net result 2025: €16,513€16,513202320242025€0€10,000€20,000Operating result 2023: €16,943€16,900Net result 2023: €13,452€13,500Operating result 2024: €13,928€13,900Net result 2024: €10,887€10,900Operating result 2025: €20,936€20,900Net result 2025: €16,513€16,500202320242025
The operating result recovers in 2025; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,160
Fixed assets €14,466
Current assets €77,694
Equity and liabilities €92,160
Equity €41,851 ▲ 65.2%
Debt €50,309 ▲ 124%
Debt's share of the balance-sheet total rises from 47.0% to 54.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,345
Cash flow
€22,922
Quick ratio
1.14▼
2024 · 2.13
Debt to equity
1.20▲
2024 · 0.89
ROE
39.5%▼
2024 · 43.0%
Interest coverage
110.85
Debt ≤ 1 year
€50,309▲
2024 · €22,487
Income taxes
€4,190▲
2024 · €2,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,825€92,160▲
Formation expenses20€0€0=
Fixed assets21/28-€14,466
Tangible fixed assets22/27-€14,466
Plant, machinery and equipment23-€927
Furniture and vehicles24-€13,539
Current assets29/58€47,825€77,694▲
Stocks and contracts in progress3-€20,425
Contracts in progress37-€20,425
Amounts receivable within one year40/41€46,698€57,213▲
Trade receivables40€31,375€45,732▲
Other amounts receivable41€15,323€11,481▼
Cash at bank and in hand54/58€1,127€56▼
Equity and liabilities
Total equity and liabilities10/49€47,825€92,160▲
Equity10/15€25,339€41,851▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€24,339€40,851▲
Amounts payable17/49€22,487€50,309▲
Amounts payable within one year42/48€22,487€50,309▲
Trade debts44€16,402€42,588▲
Suppliers440/4€16,402€42,588▲
Taxes, remuneration and social security45€6,085€7,721▲
Taxes450/3€6,085€7,721▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,409
Other operating charges640/8€1,481€2,771▲
Gross operating margin9900€15,408€30,115▲
Operating profit (loss)9901€13,928€20,936▲
Financial income75/76B€0€14▲
Recurring financial income75€0€14▲
Financial charges65/66B€319€247▼
Recurring financial charges65€319€247▼
Profit (loss) for the period before taxes9903€13,609€20,703▲
Income taxes67/77€2,722€4,190▲
Profit (loss) for the period9904€10,887€16,513▲
Profit (loss) for the period to be appropriated9905€10,887€16,513▲
Appropriation of the result
Profit (loss) to be appropriated9906€24,339€40,851▲
Profit (loss) brought forward from the previous period14P€13,452€24,339▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€553---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,204-€6,409-
Other operating charges640/8€546€1,481€2,771▲ 87.1%
Gross operating margin9900€19,245€15,408€30,115▲ 95.4%
Operating profit (loss)9901€16,943€13,928€20,936▲ 50.3%
Financial income75/76B-€0€14▲ 5,771%
Recurring financial income75-€0€14▲ 5,771%
Financial charges65/66B€128€319€247▼ 22.7%
Recurring financial charges65€128€319€247▼ 22.7%
Profit (loss) for the period before taxes9903€16,815€13,609€20,703▲ 52.1%
Income taxes67/77€3,363€2,722€4,190▲ 54.0%
Profit (loss) for the period9904€13,452€10,887€16,513▲ 51.7%
Profit (loss) for the period to be appropriated9905€13,452€10,887€16,513▲ 51.7%
Line202320242025Change
Assets
Total assets20/58€42,707€47,825€92,160▲ 92.7%
Formation expenses20€0€0€0-
Fixed assets21/28--€14,466-
Tangible fixed assets22/27--€14,466-
Plant, machinery and equipment23--€927-
Furniture and vehicles24--€13,539-
Current assets29/58€42,707€47,825€77,694▲ 62.5%
Stocks and contracts in progress3€15,785-€20,425-
Stocks30/36€15,785---
Contracts in progress37--€20,425-
Amounts receivable within one year40/41€26,711€46,698€57,213▲ 22.5%
Trade receivables40€22,481€31,375€45,732▲ 45.8%
Other amounts receivable41€4,231€15,323€11,481▼ 25.1%
Cash at bank and in hand54/58€210€1,127€56▼ 95.1%
Equity and liabilities
Total equity and liabilities10/49€42,707€47,825€92,160▲ 92.7%
Equity10/15€14,452€25,339€41,851▲ 65.2%
Contributions10/11€1,000€1,000€1,000=
Capital10€1,000---
Issued capital100€1,000---
Profit (loss) carried forward14€13,452€24,339€40,851▲ 67.8%
Amounts payable17/49€28,255€22,487€50,309▲ 124%
Amounts payable within one year42/48€28,255€22,487€50,309▲ 124%
Trade debts44€24,537€16,402€42,588▲ 160%
Suppliers440/4€24,537€16,402€42,588▲ 160%
Taxes, remuneration and social security45€3,363€6,085€7,721▲ 26.9%
Taxes450/3€3,363€6,085€7,721▲ 26.9%
Other amounts payable47/48€355---
Line202320242025Change
Profit (loss) for the period9904€13,452€10,887€16,513▲ 51.7%
+ Depreciation and write-downs630€1,204-€6,409-
Operating cash flow (approximation)€14,656€10,887€22,922▲ 111%
Change in cash-€917-€1,072▼ 217%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
State Gazette act Resignation: Iryna Gnativ (director)
Share transfer · Shareholding · Power of attorney6 facts ▸
  • General meeting, 31-12-2025
  • Director resignation, Iryna Gnativ (director)
  • Share transfer, Iryna Gnativ → Yuriy Dyakiv
  • Shareholding, 31-12-2025, 100
  • Shareholding, 31-12-2025, 0
  • Power of attorney, VYACHESLAV VAN LAER
18-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €16,513 ▲51.7%
Operating result €20,936, net result €16,513, both a record.
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €10,887 ▼19.1%
Net result drops to €10,887, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,135 m²
Building footprint
433 m²
Volume, LiDAR
7,281 m³
Parcel 11051B0366/00P003, Flanders · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
LEV CONSTRUCT
Prins Boudewijnlaan 76, 2610 AntwerpenRepair and maintenance of fabricated metal products
since 20232.343.183.171
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051B0366/00P003 Flanders 1,135 m² 1 · 433 m² 19.7 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2025, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Iryna Gnativ
  • Director, until 31-12-2025
See the board, name and seat on a given date →

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 23-07-2026 ↗
Share transfer act of 23-07-2026 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 12,914 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798860920
Also 9925:BE0798860920
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.