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Levaco

Active Public limited companyfounded 1967active for 58 yearsSantvoortbeeklaan 25, 2100 AntwerpKBO/BCE: BE 0406.498.888

Overview

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.9m (2022)
€1.3m▲ 33.6%
lowest -€27,526 (2013)
€222,963▼ 45.2%
peak €1.8m (2025)
€1.8m▲ 14.5%
€3.9m▲ 23.7%
peak 19 FTE (2006)
10.3 FTE▼ 8.8%
Board6 names since 2016
4 directorsHuysmans Christopher and 3 others
Documentsfilings and deeds
16-10-202677 days late
2025financial year
Gross margin from €986,444 to €1.3mResult from €406,499 to €222,963Staff from 11.3 FTE to 10.3 FTEEquity from €1.5m to €1.8mDebts from €3.1m to €3.9m

Key points

from the 2025 annual accounts

Equity

€1.8m ▲ 14.5%

Levaco has made a profit without a break since 2014.

Result

€222,963 ▼ 45.2%
€406,0002024€223,0002025

The result fell in 2025 from €406,499 to €222,963.

Staff

10.3 FTE from 19 in 2006

Between 2006 and 2025, 46% of the full-time equivalents disappeared.

Filings

49 annual accounts 77 days
AprilJune31 JulyOctober1980199520102025

Latest accounts filed late: after the legal deadline.

Checked score

88
Excellent
Financially stronger than 44% of small companies in warehousing and transport support (NACE 52)
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 596 companies (NACE 52, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.5 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

56-2equity 31.2% of total assets
43+3short-term debt 62.8% · cash 20.8%
24-8return on assets 4.0%

Score breakdown

raises risk
Last filed accounts filed 77 days late; 2 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Founded in 1967
Liquidity: current ratio 1.51, cash €1.2m
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 52, small). It does better than 46% of them on solvency, 43% on liquidity, 17% on profitability and 71% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 14,766 companies had the same profile as Levaco has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Levaco 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for Levaco. 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 €150,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.51 (1.45 in 2024), above the usual 1.5. Short-term debt is 62.8% and cash 20.8% of total assets. However, 68.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1967
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 77 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Liquidity: current ratio 1.51, cash €1.2m
NBB · annual accounts
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
77 days late
2024
57 days late
2023
27 days late
2022
53 days late
2021
24 days late
2020
114 days late
2019
63 days late
← 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 59 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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 22 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HC
Managing director
MC
Director, since 03-06-2022
HA
Director, since 30-09-2022
HL
Director, since 30-09-2022

Shares in 1 company, LEVACO AIR

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0406498888
Demerger: Levaco NV splits off to Alco Invest & Consulting Capital decrease of €36,845.85 to €86,392.10 · Capital from €123,237.95 to €86,392.10 · Huysmans Luc holds 209 shares · General meeting of 23-09-2024 · Gazette deed
Demerger proposal: Levaco NV splits off to Alco Invest & Consulting Besloten Vennootschap Gazette deed
Demerger proposal: Levaco splits off to Alco Luc Huysmans holds 118 shares · Marina Cossaer holds 117 shares · Gazette deed
All 62 events

Comparable companies

same main activity, similar in size and age
Company
Levaco Antwerp €5.6m €1.3m 31.2% 10.3
L'IDEAL INTERNATIONAAL TRANSPORTKANTOOR - L'IDEAL COMPTOIR DE TRANSPORTS INTERNATIONAUX Antwerp €4.1m €0.9m 32.1% 8.6
BOIS LEJEUNE INDUSTRIAL PACKAGING Flémalle €4.2m €1.4m 39.3% 14
T.C.I. Carriers Antwerp €3.9m €2.4m 41.4% 15.2
Belgo Iberian Maritime Antwerp €2.4m €1.9m 81.2% 12.7
LOGWIN AIR + OCEAN BELGIUM Antwerp €2.7m €1.5m 7.3% 16.6
DIMEX Puurs-Sint-Amands €3.9m €1.0m 74.4% 17

These companies have the same main activity as Levaco: logistics services (NACE 52250). They are comparable in size and age: total assets between €2.4m and €4.2m, founded between 1948 and 1987.

Official details

Source: KBO
Status
Active since 01-12-1967Normal situation
Registered office
41 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Logistics servicesNACE 52250
Joint committee
226White-collar workers in international trade, transport and logistics · annual accounts 2025
Establishment unit
2.001.668.2442100 Antwerp, since 01-01-1968
Financial year end
31 December
Peppol
Reachable since 07-01-2026
Company details

Annual accounts 2025

€1.3m▲ 33.6%
≈ €2.3mestimated
€222,963▼ 45.2%
€1.8m▲ 14.5%
€5.6m▲ 20.7%
Employeeson 31-12-2025
11▼ 15.4%
Filing
Filed on 16-10-2026
Financials

Insights on Levaco

Levaco has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €222,963.

Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 42% of 864 sector peers (NACE 52, financial year 2025).

The computed 12-month bankruptcy probability is 0.2% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 16-10-2026, 77 days late
€1.3m
▲ 33.6%
€21,198
▼ 86.2%
€222,963
▼ 45.2%
€1.8m
▲ 31.6%
31.2%
▼ 1.7 percentage points
1.51
▲ 0.06

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.3m. Estimated: probably between €1.5m and €3.7m.

Balance sheet

balance sheet total €5.6m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

31.2%

Higher than 42% of 864 companies in 2025.

1.51

Higher than 55% of 855 companies in 2025.

4.0%

Higher than 59% of 864 companies in 2025.

Levaco Middle half of the sector 80% of the sector Full accounts in warehousing and transport support (NACE 52)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€67,657

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 11 people joined and 13 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 5.6m4.7m4.8m5.1m5.2m2.6m1.8m2.0m1.8m2.0m2.0m1.8m2.2m2.3m2.4m2.7m2.4m2.9m3.5m3.8m
21/28 302,613286,583769,806753,704731,330768,282658,258723,237860,774927,887892,191921,1771.0m1.1m1.1m1.1m1.1m1.2m1.3m1.4m
21 3675196706801,3592,0392,7193,3983,9028,78015,0342,71111,09719,21720,7081563512,0374,71212,466
22/27 198,285182,352665,424649,313627,759664,031553,327617,627665,410727,645685,695727,004808,345874,070893,578874,669961,2741.1m1.1m1.3m
22 --482,570535,839475,279493,704496,290519,131550,416587,152625,525661,322687,689739,486797,231857,840921,941987,4261.0m1.1m
23 ------------------1,3783,101
24 183,285162,352182,854113,474152,480170,32757,03898,496114,993140,49360,17065,681120,655134,58496,34716,82939,33262,36479,681106,971
26 15,00020,000------------------
28 103,962103,712103,712103,712102,212102,212102,212102,212191,462191,462191,462191,462191,462191,462221,462216,929186,929186,929186,929180,929
29/58 5.3m4.4m4.0m4.4m4.5m1.8m1.2m1.3m983,9821.1m1.1m903,2421.2m1.2m1.2m1.6m1.3m1.6m2.2m2.4m
40/41 3.7m2.9m1.7m2.0m3.5m917,594703,4081.0m584,368629,955579,408602,710906,980973,4511.1m1.4m1.0m1.3m1.9m1.8m
40 3.5m2.8m1.7m2.0m3.5m810,869658,258904,818546,324589,121556,828562,430865,064859,8391.1m1.3m858,6911.1m1.7m1.6m
41 249,78675,80653,59629,86134,530106,72445,150114,67838,04440,83422,58040,28041,917113,61161,989111,942153,203157,791155,359200,581
50/53 425,550600,000700,000-----------------
54/58 1.2m912,7701.5m2.3m808,732536,280443,884184,639316,318328,817434,444297,339252,842208,00965,577164,148176,958115,786278,616609,869
490/1 3,8407,24989,52345,233133,913334,3466,04770,38183,296137,358128,2753,19418,075-10,62341,671110,737251,2833,119-
Balance sheet: equity and liabilities
10/49 5.6m4.7m4.8m5.1m5.2m2.6m1.8m2.0m1.8m2.0m2.0m1.8m2.2m2.3m2.4m2.7m2.4m2.9m3.5m3.8m
10/15 1.8m1.5m1.6m1.4m675,939535,065492,187369,230337,690309,366310,259309,365296,693335,330334,584334,293334,153333,685332,335336,647
10/11 86,39286,392123,238123,238123,238123,238123,238123,238223,238223,238223,238223,238223,238123,238123,238123,238123,238123,238123,238123,238
10 86,39286,392123,238123,238123,238---------------
100 86,39286,392123,238123,238123,238123,238123,238123,238223,238223,238223,238223,238223,238123,238123,238123,238123,238123,238123,238123,238
13 1.7m1.4m1.5m1.3m552,701411,827368,949245,992114,45286,12887,02186,12773,455212,092211,346211,055210,915210,448209,097213,409
130/1 12,32412,32412,32412,32412,32412,324--------------
130 12,32412,32412,32412,32412,32412,32412,32412,32422,32422,32422,32422,32412,32412,32412,32412,32412,32412,32412,32412,324
132 2,2572,2573,2203,2203,22021,97021,97021,97021,97021,97021,97021,97021,97021,97021,97021,97021,97021,97021,97021,970
133 1.7m1.4m1.5m1.3m537,157377,533334,655211,69970,15941,83442,72841,83439,161177,798177,053176,762176,621176,154174,804179,116
16 ---------77,280126,28077,280--10,000--7,9337,93347,863
160/5 ---------77,280126,28077,280--10,000--7,9337,93347,863
164/5 ---------77,280----------
17/49 3.9m3.1m3.2m3.7m4.5m2.0m1.3m1.6m1.5m1.6m1.6m1.4m1.9m1.9m2.0m2.3m2.1m2.5m3.1m3.4m
17 51,23427,284-21,89353,63185,07615,907119,146240,986365,660409,967467,803583,648687,850744,980755,923820,798898,071976,5961.1m
170/4 51,23427,284-21,89353,63185,07615,907119,146240,986365,660409,967467,803583,648687,850744,980755,923820,798898,071976,5961.1m
42/48 3.5m3.0m3.2m3.7m4.5m1.9m1.2m1.4m1.3m1.3m1.2m918,1801.1m1.1m1.2m1.6m1.2m1.6m1.7m2.3m
42 38,04822,26534,56452,69144,00559,613108,371103,554120,55997,700123,000128,444171,262121,72099,31664,87577,27279,42183,58286,181
43 ------9,50180,46836,64841,857-------12,694249,725292,178
430/8 ------9,50180,46836,64841,857-------12,694249,725292,178
44 3.1m2.6m2.0m2.3m3.2m987,034578,157947,552779,168816,037709,553652,577727,172757,917862,9731.2m911,9601.3m1.0m1.5m
440/4 3.1m2.6m2.0m2.3m3.2m987,034578,157947,552779,168816,037709,553652,577727,172757,917862,9731.2m911,9601.3m1.0m1.5m
45 122,390162,782381,213481,240319,977220,63288,27154,03085,372105,372166,85179,06290,00780,895105,50086,968114,517109,300142,556128,367
450/3 3,08858,469298,284421,949290,354197,43072,77328,74244,33561,965110,54042,10031,34822,00027,80026,80015,00035,83934,55528,269
454/9 119,302104,31382,93059,29129,62323,20215,49825,28841,03743,40756,31136,96158,66058,89577,70060,16899,51773,461108,002100,099
47/48 232,400284,925727,233809,673927,814630,548433,947263,905233,311203,705184,64958,09797,913162,688150,325222,683144,079172,007178,294283,616
492/3 284,14884,89719,16717,41413,63438,53685,25759,86811,0217,0403,75851,791222,106119,80948,59175845,363-502,617102,361
Income statement
76A ---------10,9331,8414,9591,65410,000--7,9333,8843,099-
9900 1.3m986,4441.1m1.9m1.1m839,571838,288830,980688,207677,490711,048786,699751,763809,037851,977788,530838,1481.2m1.2m1.3m
62 696,869628,318522,202571,538383,193331,970365,931440,285470,230418,432331,328467,555546,652538,888589,190548,447685,068836,708935,769988,166
630 83,34276,283114,13493,70386,09886,41585,26784,67588,07187,18695,15890,735116,926115,676105,33991,467110,916129,975135,871160,162
631/4 113,9446,04525,70920,17987,4371,4275,4273,940-2,255--29,371-18,561--2,42323,8585,766-
635/8 ---------77,280-37,00049,000---10,000----39,930-5,711
640/8 47,161121,722101,66154,90529,75348,67822,00219,04719,44220,53418,07059,40820,82923,09123,36118,32519,77821,97430,0338,105
66A 355,455------30,327---81,532-35,633---1,05119,7083,318
9901 21,198154,076345,4531.2m473,732371,081359,661252,706187,745186,083217,492198,37267,357112,822124,087130,29219,963144,308150,036144,506
75/76B 1.5m1.4m408,316471,681264,62465,26648,48755,93758,79898,741101,794101,26969,46192,20362,34662,829157,646156,90864,506144,982
75 1.5m1.4m408,316471,681264,62465,26648,48755,93758,79898,741101,794101,26969,46192,20362,34662,829157,646156,90864,506144,982
65/66B 1.1m938,428429,482637,219298,333102,441101,91698,361112,688132,840127,791135,947134,823172,567150,182141,152169,264287,705181,728251,317
65 1.1m938,428429,482637,219298,333102,441101,91698,361112,688132,840127,791135,947134,823172,567150,182141,152169,264287,705181,728251,317
9903 367,182569,326324,2871.0m440,023333,906306,232210,282133,855151,984193,33587,1223,6506,82436,25051,96916,27816,34416,20534,852
67/77 144,219162,828108,751291,257129,15091,02773,27678,74245,53062,61580,44124,45031,1766,07815,95911,82815,81114,99320,51830,504
9904 222,963406,499215,537718,623310,874242,878232,956131,54088,32589,369112,89462,672-27,52674620,29140,1404671,350-4,3124,349
789 ----18,750---------------
9905 222,963406,499215,537718,623329,624242,878232,956131,54088,32589,369112,89462,672-27,52674620,29140,1404671,350-4,3124,349
Appropriation of the result
9906 222,963406,499215,537718,623329,624242,878232,956131,54088,32589,369112,89462,672-27,52674620,29140,1404671,350-4,3124,349
791/2 ------------138,637-----4,312-
691/2 222,963406,499215,537718,623159,62442,878122,956131,54028,325-89412,672-7462911404671,350-4,349
6920 -----------10,000-------3,915
6921 222,963406,499215,537718,623159,62442,878122,956131,54028,325-8942,672-7462911404671,350-434
694/7 ----170,000200,000110,000-60,00089,369112,00050,000111,111-20,00040,000----
694 ----170,000200,000---89,369112,000-111,111-------
695 ------110,000-60,000--50,000--20,00040,000----
Social balance sheet
9087 10.311.39.19.57.76.76.37.57.76.75.96.97.97.69.49.411.915.417.719
Hours worked1013 15,87815,86414,21315,23112,74010,59110,51312,50512,55111,2469,01910,87113,61713,09014,10215,43319,58224,60429,27731,775
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The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-10-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 77 days after the deadline. Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563174.

Financial year Type Filed Reference Document
31-12-2025 full format 16-10-2026 2026-00563174 PDF
31-12-2024 abbreviated format 26-09-2025 2025-00525064 PDF
31-12-2023 abbreviated format 27-08-2024 2024-00396895 PDF
31-12-2022 abbreviated format 22-09-2023 2023-00453102 PDF
31-12-2021 abbreviated format 24-08-2022 2022-20311583 PDF
31-12-2020 abbreviated format 22-11-2021 2021-78200174 PDF
31-12-2019 abbreviated format 02-10-2020 2020-58600190 PDF
31-12-2018 abbreviated format 25-09-2019 2019-65700331 PDF
31-12-2017 abbreviated format 27-09-2018 2018-67900096 PDF
31-12-2016 abbreviated format 21-11-2017 2017-70100366 PDF
31-12-2015 abbreviated format 04-07-2016 2016-27100165 PDF
31-12-2014 abbreviated format 27-07-2015 2015-35700115 PDF
31-12-2013 abbreviated format 04-07-2014 2014-27500598 PDF
31-12-2012 abbreviated format 15-07-2013 2013-31100460 PDF
31-12-2011 abbreviated format 22-08-2012 2012-44100362 PDF
31-12-2010 abbreviated format 20-07-2011 2011-32300515 PDF
31-12-2009 abbreviated format 09-07-2010 2010-29000067 PDF
31-12-2008 abbreviated format 02-07-2009 2009-37300392 PDF
31-12-2007 abbreviated format 03-07-2008 2008-33900008 PDF
31-12-2006 abbreviated format 29-06-2007 2007-30100221 PDF
31-12-2005 abbreviated format 29-06-2006 2006-34201309 PDF
31-12-2004 abbreviated format 08-06-2005 2005-22102074 PDF
31-12-2003 abbreviated format 21-06-2004 2004-28100838 PDF
31-12-2002 abbreviated format 18-06-2003 2003-25703373 PDF
31-12-2001 abbreviated format 12-06-2002 2002-20101457 PDF
31-12-2000 abbreviated format 09-07-2001 2001-35503297 PDF
31-12-1999 abbreviated format 29-06-2000 2000-29600265 PDF
31-12-1998 abbreviated format 15-06-1999 1999-17900821 PDF
31-12-1997 abbreviated format 26-06-1998 1998-22900659 PDF
31-12-1996 abbreviated format 26-06-1997 1997-20700391 PDF
31-12-1995 abbreviated format 14-06-1996 1996-15904619 PDF
31-12-1994 abbreviated format 04-07-1995 1995-34703981 PDF
31-12-1993 abbreviated format 23-06-1994 1994-18500919 PDF
31-12-1992 abbreviated format 24-06-1993 1993-16600074 PDF
31-12-1991 abbreviated format 22-06-1992 1992-13202137 PDF
31-12-1990 abbreviated format 12-06-1991 1991-09400650 PDF
31-12-1989 abbreviated format 25-06-1990 1990-11102786 PDF
31-12-1988 abbreviated format 16-06-1989 1989-08803464 PDF
31-12-1987 abbreviated format 23-06-1988 1988-10000326 PDF
31-12-1986 abbreviated format 19-06-1987 1987-10900460 PDF
31-12-1985 abbreviated format 24-06-1986 1986-17902360 PDF
31-12-1984 full format 18-06-1985 1985-11902353 PDF
31-12-1983 unclassified schema 06-08-1984 1984-11701481 PDF
31-12-1982 unclassified schema 30-06-1983 1983-07700110 PDF
31-12-1981 unclassified schema 12-07-1982 1982-08901008 PDF
31-12-1980 unclassified schema 19-06-1981 1981-05800928 PDF
31-12-1979 unclassified schema 02-06-1980 1980-03801570 PDF
31-12-1978 unclassified schema 11-07-1979 1979-08401869 PDF
31-12-1977 unclassified schema 15-09-1978 1978-07201413 PDF

Subsidies and aid

Flemish government 2022 to 2023, 2 entries, €9,450 awarded, €9,552 paid

Year Entries AwardedPaid
2023 1 €1,950€2,052
2022 1 €7,500€7,500

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
104,540230,359459,5871.3m559,831457,496444,928337,382275,816273,269312,650289,107184,283228,498229,426221,759130,879274,283285,907304,668
306,305482,782329,670812,326396,972329,294318,223216,216176,396176,555208,052153,40789,400116,422125,630131,607111,383131,326131,558164,511
99,37375,630129,055116,07749,147217,37318,65536,38920,958137,56971,10120,64443,08194,678155,57134,66720,71448,37728,526218,205
261,334-566,975-842,9491.5m272,45192,396259,245-131,678-12,500-105,627137,10544,49744,834142,432-98,571-12,81061,172-162,831-331,253-
1.8m1.4m859,460680,16511,874-109,606-64,908-174,993-271,077-168,541-41,926-14,93891,54358,2392,408-78151,760-2,239492,057107,878
31.2%32.9%33.7%27.2%13.0%20.9%27.2%18.5%18.3%15.3%15.3%17.0%13.6%14.8%14.2%12.5%13.6%11.6%9.5%8.8%
1.511.451.271.181.000.940.950.880.780.870.960.981.081.051.001.001.041.001.301.05
2.202.041.972.676.723.782.684.414.465.295.154.656.385.766.017.006.337.639.4510.20
12.7%26.5%13.4%51.5%46.0%45.4%47.3%35.6%26.2%28.9%36.4%20.3%-9.3%0.2%6.1%12.0%0.1%0.4%-1.3%1.3%
4.0%8.7%4.5%14.0%6.0%9.5%12.9%6.6%4.8%4.4%5.5%3.4%-1.3%0.0%0.9%1.5%0.0%0.0%-0.1%0.1%
0.090.251.071.991.88---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11139119
full-time810898
part-time33121
in full-time equivalents1011.48.510.38.5
10.311.39.19.57.7
On a permanent contract1013988
Joined1114263517
Left1310283316

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€89,282€49,550€34,564€74,584€97,636

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€99,123€75,630€128,296€114,577€49,147
Intangible fixed assets--€759--
Financial fixed assets€250--€1,500-
€83,342€76,283€114,134€93,703€86,098

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Levaco

The operating result for 2025 is 86% lower than in 2024 and the lowest since 2009. It is the third fall in a row.

Debt's share of the balance-sheet total rises from 67.1% to 68.8%. Equity and debt are higher.

Large changes and their cause

Board & ownership

Board

4 directors, 1 in day-to-day management, last change in 2023
Director and managing director
director since 03-06-2022 managing director appointed by deed of 05-01-2023 6-year term from 2022
listed in the 2025 annual accounts, filed on 16-10-2026
Director
since 03-06-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 16-10-2026
Director
since 30-09-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 16-10-2026
Director
since 30-09-2022 6-year term from 2022
listed in the 2025 annual accounts, filed on 16-10-2026
Huysmans Christopher
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 20: Vertegenwoordiging van de vennootschap 1. Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als…”
deed of 08-11-2024

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
Huysmans Christopher
Director, Managing director
Huysmans Luc
Director
LEVACO AIR
Director
LeadershipBoardEarlierRest of the term
Mandates as a list
  • Huysmans Christopher
    • Director, from 24-06-2016 to date
    • Managing director, appointed by deed of 05-01-2023, still in office
  • Marina Cossaer
    • Director, from 24-06-2016 to date
  • Huysmans Alycia
    • Director, from 30-09-2022 to date
  • Huysmans Lyanne
    • Director, from 30-09-2022 to date
  • Huysmans Luc
    • Director, from 24-06-2016 to 03-06-2022
  • LEVACO AIR
    • Director, from 24-06-2016 to 03-06-2022

See the board, name and registered office on a given date →

Control

Capital

Capital
€86,392.10
Source
deed of 08-11-2024

Articles of association

deed of 08-11-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Wettelijk voorzien tenzij algemene vergadering anders beslist met gewone meerderheid, algemene vergadering”

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyLevaco1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

At the same address

Santvoortbeeklaan 25, 2100 Antwerp · 40 other companies
ATLAS INTERNATIONAL NETWORK
registered office since 22-03-2001 · founded in 2001
4.2 FTE (2025)
0474.037.515
ALCO INVEST & CONSULTING
registered office since 10-05-2007 · founded in 2007
1.6 FTE (2025)
0889.355.683
WEDWINKEL
registered office since 11-05-2020 · founded in 2011 · negative equity (2025)
total assets €908,548 (2025)
0832.913.264
Hemmet Transport & Trading
registered office since 01-04-2015 · founded in 2015 · accounts filed late
turnover €893,383 (2024)
0627.738.072
DEP GROUP
registered office since 15-10-2020 · founded in 2020 · accounts filed late
total assets €781,493 (2024)
0756.629.296
Multi Consult & Investments
registered office since 03-04-2025 · founded in 2025
total assets €705,958 (2025)
1021.935.283
LEVACO AIR
registered office since 25-05-1993 · founded in 1993
total assets €614,458 (2025)
0449.852.643
Q3-Facilities
registered office since 14-03-2019 · founded in 2019
total assets €544,633 (2024)
0722.754.918
SELL TRANS
registered office since 28-09-2017 · founded in 2017
turnover €467,997 (2023)
0681.890.006
Matli
registered office since 09-07-2021 · founded in 2021
total assets €422,906 (2025)
0770.942.637
and 30 more

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2007 to 2025
Holdings through the years
Name2007200820092010201120122013201420152016201720182019202020212022202320242025
LEVACO AIR 99%49.6%
All Logistics Global OrganizationFR 30%
NAVEX ELEKTRO 99%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate
Board mandates of LevacoLevaco sits on their board1
Director
Founded in 1993 · total assets €614,458 (2025)

Acquisitions and mergers

2 transactions
BE 0889.355.683partial demerger · Gazette deed of 08-11-2024 (3 deeds)
Demerger with:Alco
BE 0889.355.683partial demerger · proposal · Gazette deed of 26-05-2023 (2 deeds)

Control of UK companies

3 UK companies
25 to 50% of the shares, 25 to 50% of the voting rights
no longer in the UK register · notified on 26-01-2021
25 to 50% of the shares
UK company 10027390 · active
25 to 50% of the shares
UK company 03631711 · active · notified on 01-07-2016

Source: Companies House (VK), Contains public sector information licensed under the Open Government Licence v3.0

Connections & network

4 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

62 events since 1967

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 77 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0406498888
2025
Annual accounts 2024 filed PDFabbreviated format · 57 days late
2024
Demerger: Levaco NV splits off to Alco Invest & ConsultingCapital decrease of €36,845.85 to €86,392.10 · Capital from €123,237.95 to €86,392.10 · Huysmans Luc holds 209 shares · General meeting of 23-09-20247 points ▸
  • General meeting, 23-09-2024
  • Huysmans Luc holds 209 shares
  • Cossaer Marina holds 209 shares
  • Capital decrease, €36,845.85
  • Amendment of the articles, article 5
  • Capital, €86,392.10, 1,535 shares
  • Registered office clause, Santvoortbeeklaan 25, 2100 Antwerpen-Deurne
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 27 days late
Demerger proposal: Levaco NV splits off to Alco Invest & Consulting Besloten Vennootschap1 point ▸
  • Accounting effect, 01-01-2024
  • The deed holds 27 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFabbreviated format · 53 days late
Demerger proposal: Levaco splits off to AlcoLuc Huysmans holds 118 shares · Marina Cossaer holds 117 shares3 points ▸

Open the deed in the Belgian Official Gazette

2 directors appointed, 3 resignations, 2 reappointmentsChange of role: Huysmans Christopher, from director to managing director · Resignations: Marina Cossaer, Huysmans Luc and 2A-Network Group NV · Reappointments: Marina Cossaer and Huysmans Christopher · General meeting of 30-09-202212 points ▸

Open the deed in the Belgian Official Gazette

2022
Highest result from 2006 to 2025 net €718,623 ▲131% The operating result of €1.2m and the net result of €718,623 are both a record.
Equity above €1m equity €1.4m ▲106% After 9 profitable years in a row, equity reaches €1.4m.
Annual accounts 2021 filed PDFabbreviated format · 24 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 114 days late
2020
Equity above €500,000 equity €535,065 ▲8.7% After 7 profitable years in a row, equity reaches €535,065.
Annual accounts 2019 filed PDFabbreviated format · 63 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 56 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 58 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 113 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 27 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 4 days before the deadline
2014
Back to profit net €62,672 The net result is €62,672, after one loss-making year.
Annual accounts 2013 filed PDFabbreviated format · 27 days before the deadline
2013
Weakest financial year net -€27,526 The net result drops to -€27,526, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFabbreviated format · 16 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 22 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 11 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 22 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 29 days before the deadline
2008
Back to profit net €1,350 The net result is €1,350, after one loss-making year.
Annual accounts 2007 filed PDFabbreviated format · 28 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 32 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
Annual accounts 1981 filed PDFunclassified schema
1981
Annual accounts 1980 filed PDFunclassified schema
1980
Annual accounts 1979 filed PDFunclassified schema
1979
Annual accounts 1978 filed PDFunclassified schema
1978
Annual accounts 1977 filed PDFunclassified schema
1968
First establishment LEVACO NV, Santvoortbeeklaan 25, Antwerp
1967
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Levaco was incorporated on 1 December 1967.1 The company has filed 49 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0406.498.888
VAT number
BE 0406.498.888
Peppol ID
0208:0406498888
Legal form
Public limited company
Status
Active, normal situation
Founded
01-12-1967
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June
deed of 08-11-2024 (in Dutch)
Peppol
Reachable since 07-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Levaco in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-11-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 08-11-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
52250 Logistics services main activity
Social security (RSZ) activities
52250 Logistics services main activity
Joint committees annual accounts 2025
JC 226 White-collar workers in international trade, transport and logistics
Codes under NACEBEL 2008
VAT activities
52290 Warehousing and support activities for transportation main activity
Social security (RSZ) activities
52290 Warehousing and support activities for transportation main activity
Codes under NACEBEL 2003
VAT activities
63401 main activity
Social security (RSZ) activities
63401 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle verrichtingen van doorvoer en verzending alsmede van vervoer,uitrusting,rederij,bevrachting,.…”
Text of the purpose

“Alle verrichtingen van doorvoer en verzending alsmede van vervoer,uitrusting,rederij,bevrachting,. agentschap,commissie,vertegenwoordiging,makelarij,douane-agentuur,beurtdienst,alle behandelingen van goederen,de groupage en degroupage,het laden en lossen,het opslaan en in depot hebben,het sorteren,de schatting,de arbitrage,het pointeren,het wegen en het meten,de invoer en de uitvoer van alle goederen,waren en grondstoffen.”

deed of 08-11-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
LEVACO NV registered office Santvoortbeeklaan 25, 2100 Antwerp 01-01-1968 2.001.668.244

Buildings and parcels at the address

Ground area
3,826 m²
Buildings
2,522 m²
Volume, LiDAR
18,421 m³
Tallest building
8.0 m
Buildings to scale, each on its own parcel
2,522 m², 8.0 m 2,522 m², 8.0 m

Location

registered office establishment The establishment unit on the map
41 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11012A0273/00R0003,826 m² 1 · 2,522 m² 8.0 m · 2