LEVA
ActiveSummary
LEVA has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,097 and a net result of €35,177. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 35% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €407,097
- Profit
- €35,177
Why 92raises risk1 change of registered office in 24 monthslowers riskSize: total assets €1.2mLiquidity: current ratio 1.53, cash €862,393Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 34% on solvency, 58% on liquidity, 21% on profitability and 25% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet €35,177 ▼50.6%
- Registered officeRegistered-office move
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 57% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,049 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,196 | €2,526 | €812 | €812 | €339 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,006 | €1,181 | €1,107 | €1,117 | €1,319 | ▲ 18.1% |
| Gross operating margin9900 | €83,240 | €86,259 | €85,547 | €71,068 | €96,808 | €130,000 | €84,474 | €37,123 | ▼ 56.1% |
| Operating profit (loss)9901 | €80,609 | €82,291 | €83,552 | €69,250 | €95,288 | €128,893 | €83,357 | €35,804 | ▼ 57.0% |
| Financial income75/76B | - | - | - | - | €1,915 | €6,269 | €12,146 | €12,953 | ▲ 6.6% |
| Recurring financial income75 | €568 | €1,478 | - | - | €1,915 | €6,269 | €12,146 | €12,953 | ▲ 6.6% |
| Financial charges65/66B | - | - | - | - | - | €6 | €1 | €1 | = |
| Recurring financial charges65 | €18 | €1 | - | - | - | €6 | €1 | €1 | = |
| Profit (loss) for the period before taxes9903 | €81,159 | €83,768 | €83,552 | €69,250 | €97,203 | €135,156 | €95,502 | €48,756 | ▼ 48.9% |
| Income taxes67/77 | €25,474 | €26,790 | €21,819 | €18,288 | €25,355 | €35,292 | €24,341 | €13,579 | ▼ 44.2% |
| Profit (loss) for the period9904 | €55,685 | €56,978 | €61,733 | €50,962 | €71,849 | €99,864 | €71,161 | €35,177 | ▼ 50.6% |
| Profit (loss) for the period to be appropriated9905 | €55,685 | €56,978 | €61,733 | €50,962 | €71,849 | €99,864 | €71,161 | €35,177 | ▼ 50.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 2.5% |
| Fixed assets21/28 | €0.003m | €0.007m | €0.001m | €339 | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €0.003m | €0.007m | €0.001m | €339 | - | €0 | €0 | €0 | - |
| Plant, machinery and equipment23 | - | - | - | €339 | - | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | - | - | €0 | €0 | €0 | - |
| Current assets29/58 | €1.4m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 2.5% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | = |
| Trade receivables290 | - | - | - | €0.2m | €0.08m | - | - | - | - |
| Other amounts receivable291 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.5m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 5.5% |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | €0.006m | €204 | ▼ 96.6% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | ▲ 0.3% |
| Cash at bank and in hand54/58 | €0.7m | €0.5m | €0.6m | €0.8m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 3.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.002m | - | €0.006m | €0.01m | ▲ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 2.5% |
| Equity10/15 | €0.9m | €0.7m | €0.8m | €0.7m | €0.6m | €0.5m | €0.5m | €0.4m | ▼ 14.7% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.8m | €0.7m | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | €0.4m | ▼ 15.5% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €257 | €257 | €257 | €257 | €257 | = |
| Distributable reserves133 | - | - | - | €0.7m | €0.6m | €0.5m | €0.5m | €0.4m | ▼ 15.5% |
| Amounts payable17/49 | €0.6m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.7m | €0.8m | ▲ 14.9% |
| Amounts payable within one year42/48 | €0.6m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.7m | €0.8m | ▲ 14.9% |
| Trade debts44 | €0.3m | €0.002m | €0.03m | €0.01m | €0.006m | €0.009m | €0.02m | €0.001m | ▼ 93.8% |
| Suppliers440/4 | - | - | - | €0.01m | €0.006m | €0.009m | €0.02m | €0.001m | ▼ 93.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.02m | €0.003m | €0.01m | ▲ 282% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.003m | €0.01m | ▲ 282% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.4m | €0.5m | €0.6m | €0.7m | ▲ 16.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,685 | €56,978 | €61,733 | €50,962 | €71,849 | €99,864 | €71,161 | €35,177 | ▼ 50.6% |
| + Depreciation and write-downs630 | €1,196 | €2,526 | €812 | €812 | €339 | - | - | - | - |
| Operating cash flow (approximation) | €56,881 | €59,504 | €62,545 | €51,774 | €72,187 | €99,864 | €71,161 | €35,177 | ▼ 50.6% |
| Investment in fixed assets (approximation) | - | -€6,645 | €5,316 | €0 | - | - | €0 | €0 | - |
| Change in cash | - | -€183,654 | €149,357 | €135,863 | -€98,243 | €111,291 | €52,547 | €28,202 | ▼ 46.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00357121 |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00343935 |
| 31-12-2023 | abbreviated format | 30-07-2024 | 2024-00316827 |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00301909 |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20268752 |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-60000253 |
| 31-12-2019 | abbreviated format | 06-11-2020 | 2020-69200269 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57800302 |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-56200279 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-56900112 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| JENNEN Frank Jozef Anna Maria Lodewijk |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-12
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 30-09-2025
- Registered-office move, 3500 Hasselt, Lazarijstraat 156/5
27-12
Gazette deed
Resignation: JENNEN Frank Jozef Anna Maria Lodewijk (manager)Appointment: JENNEN Frank Jozef Anna Maria Lodewijk (director) · Amendment of the articles · Power of attorney14 facts ▸
- Amendment of the articles, 3
- Amendment of the articles
- Power of attorney, Yasmine FAGARD
- Power of attorney, Kathleen DEAK
- Director resignation, JENNEN Frank Jozef Anna Maria Lodewijk (manager)
- Director appointment, JENNEN Frank Jozef Anna Maria Lodewijk (director (not named in the articles))
- Director discharge, JENNEN Frank Jozef Anna Maria Lodewijk
- Registered office clause, “3500 Hasselt, Kempische Steenweg 10” (deed in Dutch)
- General meeting, 15-12-2023
- Other provision, “WVV-aanpassing en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Capital conversion, “van rechtswege omgezet, artikel 39,§2,tweede lid,wet van 2019-03-23” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- +2 further facts in this act
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71327G0426/00D000 | Flanders | 6,826 m² | 1 · 2,803 m² | 17.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LEVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Eenvoudige beslissing, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, algemene vergadering bepaalt aantal, duur en bij meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor de helft ten laste overdrager en voor andere helft ten laste koper(s) naar evenredigheid bij meerdere kopers,ook bij…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Kan op elk moment worden ontbonden door algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)