LEVANDES
ActiveLEVANDES has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €29k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+3
Solvency57▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.47 in 2024; short-term debt: 12.1% and cash: 6.9% of total assets), and 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
31.8%
Return on assets
6.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
83 d early
2023
75 d early
2022
53 d early
2021
76 d early
2020
82 d early
2019
77 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€145k▲ 24.8%
2024 · €116k
2018: €93k
2019: €90k
2020: €94k
2021: €91k
2022: €97k
2023: €101k
2024: €116k
2018 → 2025
Total assets
€454k▲ 19.1%
2024 · €381k
2018: €342k
2019: €316k
2020: €299k
2021: €307k
2022: €290k
2023: €154k
2024: €381k
2018 → 2025
Net result
€29k▲ 94.4%
2024 · €15k
2018: €7k
2019: €-3k
2020: €4k
2021: €10k
2022: €6k
2023: €4k
2024: €15k
2018 → 2025
Working capital
€-4k
2024 · €26k
2018: €16k
2019: €16k
2020: €22k
2021: €2k
2022: €7k
2023: €69k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€97k▲ 6.7%€101k▲ 4.1%€116k▲ 14.6%€145k▲ 24.8%
Operating result€22k-€17k▼ 24.3%€17k▼ 1.2%€26k▲ 52.4%€51k▲ 101%
Net result€10k-€6k▼ 39.9%€4k▼ 34.3%€15k▲ 271%€29k▲ 94.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 101% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454k
Fixed assets
€403k▲ 34.4%
Current assets
€52k▼ 36.8%
Equity and liabilities €454k
Equity
€145k▲ 24.8%
Debt
€310k▲ 16.7%
The debt ratio falls from 69.6% to 68.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▲
2024 · €55k
Cash flow
€47k▲
2024 · €44k
Solvency
31.8%▲
2024 · 30.4%
Current ratio
0.93▼
2024 · 1.47
Quick ratio
0.93▼
2024 · 1.47
Debt / equity
2.14▼
2024 · 2.29
ROE
19.9%▲
2024 · 12.8%
ROA
6.3%▲
2024 · 3.9%
Interest coverage
7.46▼
2024 · 18.22
Debt
€310k▲
2024 · €265k
Debt ≤ 1 year
€55k▼
2024 · €56k
Debt > 1 year
€252k▲
2024 · €173k
Income taxes
€13k▲
2024 · €8k
Staff costs
€40k▼
2024 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€381k€454k▲
Fixed assets21/28€300k€403k▲
Tangible fixed assets22/27€300k€403k▲
Land and buildings22€226k€327k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€70k€74k▲
Financial fixed assets28€40€40=
Current assets29/58€82k€52k▼
Amounts receivable within one year40/41€16k€20k▲
Trade receivables40€14k€20k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€65k€31k▼
Deferred charges and accrued income490/1€92-
Equity and liabilities
Total equity and liabilities10/49€381k€454k▲
Equity10/15€116k€145k▲
Contributions10/11€12k€12k=
Reserves13€49k€78k▲
Distributable reserves133€49k€78k▲
Profit (loss) carried forward14€54k€54k=
Amounts payable17/49€265k€310k▲
Amounts payable after more than one year17€173k€252k▲
Financial debts170/4€173k€252k▲
Amounts payable within one year42/48€56k€55k▼
Current portion of amounts payable after more than one year42€12k€23k▲
Trade debts44€3k€947▼
Suppliers440/4€3k€947▼
Taxes, remuneration and social security45€18k€18k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48€23k€13k▼
Accrued charges and deferred income492/3€36k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€43k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€19k▼
Other operating charges640/8€1k€6k▲
Gross operating margin9900€99k€117k▲
Operating profit (loss)9901€26k€51k▲
Financial income75/76B€433€171▼
Recurring financial income75€433€171▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€23k€42k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€15k€29k▲
Profit (loss) for the period to be appropriated9905€15k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€83k▲
Profit (loss) brought forward from the previous period14P€54k€54k=
Transfer to equity691/2€15k€29k▲
To other reserves6921€15k€29k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €29k ▲94.4%
Operating result €51k, net result €29k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 2.51
Current ratio from 1.10 to 2.51; short-term debt falls from €67k to €46k.
31-12
Financial
Equity above €100kEq €101k ▲4.1%
4 profitable years in a row build equity to €101k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-3k ▼143%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hogebaan 532960 BrechtGround area
794 m²
Building footprint
121 m²
Volume, LiDAR
1 m³
Parcel 11042A0058/00Y000, Flanders · tallest building 1.3 m. Linked by address, not a title deed.
1 establishment unit
LEVANDES
since 20122.211.704.423
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0058/00Y000 | Flanders | 794 m² | 1 · 121 m² | 1.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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DIAMOND RENOVATIEBEDRIJF
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PAC CONCEPT
BE 0753.625.464
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DEFOSSE-DANESI
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Comblain-au-Pont · Eq €144k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2012
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
71121Engineering and related technical consultancy, excluding land surveyors
42219Civil engineering
74112Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.