Equity
€1.1m ▲ 13.7%
LevUp engineering has made a profit without a break since 2020.
LevUp engineering
Lifetime
15 annual accounts with figures on one time axispeak €698,732 (2023)
€576,276▼ 16.8%
lowest -€139,236 (2011)
€127,412▼ 47.0%
peak €1.1m (2025)
€1.1m▲ 13.7%
€2.3m▼ 28.7%
peak 2.5 FTE (2022)
2.1 FTE▼ 16.0%
Board2 names since 2021
2 directorsPaul GERON and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €692,787 to €576,276Result from €240,465 to €127,412Staff from 2.5 FTE to 2.1 FTEEquity from €927,561 to €1.1mDebts from €3.2m to €2.3mCash from €763,884 to €109,446
Key points
from the 2025 annual accountsResult
€127,412 ▼ 47.0%
The result fell in 2025 from €240,465 to €127,412.
Turnover
≈ €2.9m estimated
The accounts state no turnover.
Staff
2 employees on 31-12-2025
In 2025, 73 people joined and 74 left.
Liquidity
0.35 was 0.82 in 2024
Short-term debts fell from €1.3m to €471,702.
Filings
15 annual accounts since 2011
The last five annual accounts were filed 22 to 55 days before the end of the period.
Checked score
90
Excellent
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.3 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.35, cash €109,446, halved
lowers risk
Figures for financial year 2025 (filed on 29-06-2026)
Size: 2.1 FTE, total assets €3.4m
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 41% of them on solvency, 56% on liquidity, 60% on profitability and 69% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as LevUp engineering has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LevUp engineering itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for LevUp engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.35 (0.82 in 2024), below 1. Short-term debt is 14.1% and cash 3.3% of total assets. 68.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
22 days early
2023
55 days early
2022
28 days early
2021
47 days early
2020
17 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0828298143
1 director appointed, 1 reappointment
Change of role: Paul GERON, from manager to managing director · Reappointment: Paul GERON · Appointment: BASTINGS Monique Paula Hendrika · Gazette deed
Permanent representative: Paul GERON
General meeting of 11-06-2020 · Gazette deed
Registered office moved from Herve to Aubel
New registered office: Rue de Battice 137, 4480 Aubel · Previous registered office: Maigre Cense, Julémont 91a, 4650 Herve · Board meeting of 11-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LevUp engineering Aubel | €3.4m | €0.6m | 31.5% | 2.1 |
| VERGAUWEN HEFTRUCKS Beveren-Kruibeke-Zwijndrecht | €2.4m | €0.8m | 49.6% | 2 |
| 3D LIFT Wevelgem | €3.6m | €1.1m | 64.6% | 3.6 |
| LDM MOVING & HANDLING Roeselare | €3.8m | €0.4m | 22.7% | 0.8 |
| HEFx Evergem | €1.6m | €0.4m | 33.9% | 3.3 |
| Smeyers-TU Nazareth-De Pinte | €1.5m | €0.7m | 21.5% | 3.8 |
| AVIACO Tremelo | €2.4m | €0.2m | 43.4% | 2.8 |
These companies have the same main activity as LevUp engineering: wholesale trade (NACE 46644). They are comparable in size and age: total assets between €1.5m and €3.8m, founded between 2001 and 2016.
Official details
Source: KBO- Status
- Active since 05-08-2010Normal situation
- Activity
- Wholesale tradeNACE 46644and 1 other
- Joint committees
- 302Hotels and catering
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.192.465.9574880 Aubel, since 13-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €3.4m▼ 19.2%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on LevUp engineering
LevUp engineering files the abbreviated format. That format states no turnover. The gross margin rose from €28,765 in 2011 to €576,276 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.
In September 2023, the Official Gazette published the appointment of Paul GERON as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LevUp engineering
- What is the company number of LevUp engineering?
- The company number of LevUp engineering is 0828.298.143. The VAT number is the same number with BE in front: BE 0828.298.143.
- Where is LevUp engineering based?
- The registered office is at Rue de Battice 137, 4880 Aubel.Company details
- What does LevUp engineering do?
- According to the KBO register, the main activity is wholesale trade (NACE 46644).
- What is the legal form of LevUp engineering?
- LevUp engineering is a private limited company (BV).
- When was LevUp engineering founded?
- LevUp engineering was founded on 05-08-2010.
- Is LevUp engineering still active?
- Yes, LevUp engineering is an active enterprise in the KBO register.
- How many employees does LevUp engineering have?
- LevUp engineering had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LevUp engineering fall under?
- In its 2025 annual accounts, LevUp engineering states joint committees 302 (Hotels and catering), 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of LevUp engineering?
- The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €576,276 and 139 comparable companies (NACE 46). It probably lies between €1.8m and €5.0m.
- Is LevUp engineering profitable?
- In financial year 2025, LevUp engineering made a profit of €127,412.
- Where can I find the annual accounts of LevUp engineering?
- LevUp engineering filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LevUp engineering due?
- LevUp engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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