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LEVAV

Dissolution or liquidation
Public limited companyfounded 1989KBO/BCE: BE 0438.038.835
Summary

The KBO register records for LEVAV the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €47,084 and a net result of -€8,073.

LEVAVDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-08-2023, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
26 d late
2021
25 d late
2020
25 d late
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 31 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 31 May 1989, LEVAV was incorporated.1 Total assets went from EUR 183,997 in 2018 to EUR 182,136 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

Financials · fiscal year 2022, micro schema

Equity
€47,084▼ 14.6%
2021 · €55,157
Total assets
€182,136▲ 4.5%
2021 · €174,373
Net result
-€8,073▼ 174%
2021 · -€2,950
Working capital
€121,271▼ 6.2%
2021 · €129,344
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€4,517--€5,810▼ 28.6%-€980▲ 83.1%-€2,936▼ 200%-€8,059▼ 174%
Net result-€4,517--€5,810▼ 28.6%-€1,028▲ 82.3%-€2,950▼ 187%-€8,073▼ 174%
Equity€64,944-€59,135▼ 8.9%€58,107▼ 1.7%€55,157▼ 5.1%€47,084▼ 14.6%
Total assets€183,997-€178,222▼ 3.1%€177,302▼ 0.5%€174,373▼ 1.7%€182,136▲ 4.5%
Debt€119,052-€119,087=€119,195▲ 0.1%€119,217=€135,052▲ 13.3%
Working capital€133,322€132,294▼ 0.8%€129,344▼ 2.2%€121,271▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2018: -€4,517-€4,517Net result 2018: -€4,517-€4,517Operating result 2019: -€5,810-€5,810Net result 2019: -€5,810-€5,810Operating result 2020: -€980-€980Net result 2020: -€1,028-€1,028Operating result 2021: -€2,936-€2,936Net result 2021: -€2,950-€2,950Operating result 2022: -€8,059-€8,059Net result 2022: -€8,073-€8,07320182019202020212022-€10,000-€7,500-€5,000-€2,500€0Operating result 2020: -€980-€980Net result 2020: -€1,028-€1,030Operating result 2021: -€2,936-€2,940Net result 2021: -€2,950-€2,950Operating result 2022: -€8,059-€8,060Net result 2022: -€8,073-€8,070202020212022
The operating result stays negative: a loss of €8,059 in 2022 against €2,936 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €182,136
Fixed assets €44,865 =
Current assets €137,271 ▲ 6.0%
Equity and liabilities €182,136
Equity €47,084 ▼ 14.6%
Debt €135,052 ▲ 13.3%
Debt's share of the balance-sheet total rises from 68.4% to 74.1%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
Current ratio
8.58
Debt to equity
2.87▲
2021 · 2.16
ROE
-17.1%▼
2021 · -5.3%
ROA
-4.4%▼
2021 · -1.7%
Debt ≤ 1 year
€16,000▲
2021 · €164
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 34 lines
Balance sheet Code20212022
Assets
Total assets20/58€174,373€182,136▲
Fixed assets21/28€44,865€44,865=
Tangible fixed assets22/27€44,865€44,865=
Land and buildings22€44,865€44,865=
Current assets29/58€129,508€137,271▲
Amounts receivable within one year40/41€129,508€137,108▲
Other amounts receivable41€129,508€137,108▲
Cash at bank and in hand54/58-€163
Equity and liabilities
Total equity and liabilities10/49€174,373€182,136▲
Equity10/15€55,157€47,084▼
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Reserves13€3,099€3,099=
Non-distributable reserves130/1€3,099€3,099=
Legal reserve130€3,099€3,099=
Profit (loss) carried forward14€21,071€12,999▼
Amounts payable17/49€119,217€135,052▲
Amounts payable within one year42/48€164€16,000▲
Financial debts43€164-
Credit institutions430/8€164-
Advances received on contracts in progress46-€16,000
Accrued charges and deferred income492/3€119,052€119,052=
Income statement Code20212022
Other operating charges640/8€1,362€7,597▲
Non-recurring operating charges66A€1,500-
Gross operating margin9900-€74-€462▼
Operating profit (loss)9901-€2,936-€8,059▼
Financial charges65/66B€14€14▼
Recurring financial charges65€14€14▼
Profit (loss) for the period before taxes9903-€2,950-€8,073▼
Profit (loss) for the period9904-€2,950-€8,073▼
Profit (loss) for the period to be appropriated9905-€2,950-€8,073▼
Appropriation of the result
Profit (loss) to be appropriated9906€21,071€12,999▼
Profit (loss) brought forward from the previous period14P€24,021€21,071▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,487-----
Other operating charges640/8---€1,362€7,597▲ 458%
Non-recurring operating charges66A---€1,500--
Gross operating margin9900-€30-€200-€110-€74-€462▼ 524%
Operating profit (loss)9901-€4,517-€5,810-€980-€2,936-€8,059▼ 174%
Financial charges65/66B---€14€14▼ 3.5%
Recurring financial charges65--€48€14€14▼ 3.5%
Profit (loss) for the period before taxes9903-€4,517-€5,810-€1,028-€2,950-€8,073▼ 174%
Profit (loss) for the period9904-€4,517-€5,810-€1,028-€2,950-€8,073▼ 174%
Profit (loss) for the period to be appropriated9905-€4,517-€5,810-€1,028-€2,950-€8,073▼ 174%
Line20182019202020212022Change
Assets
Total assets20/58€183,997€178,222€177,302€174,373€182,136▲ 4.5%
Fixed assets21/28€44,865€44,865€44,865€44,865€44,865=
Tangible fixed assets22/27€44,865€44,865€44,865€44,865€44,865=
Land and buildings22---€44,865€44,865=
Current assets29/58€139,132€133,357€132,437€129,508€137,271▲ 6.0%
Amounts receivable within one year40/41€136,685€131,857€130,937€129,508€137,108▲ 5.9%
Other amounts receivable41---€129,508€137,108▲ 5.9%
Cash at bank and in hand54/58€947---€163-
Equity and liabilities
Total equity and liabilities10/49€183,997€178,222€177,302€174,373€182,136▲ 4.5%
Equity10/15€64,944€59,135€58,107€55,157€47,084▼ 14.6%
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Capital10---€30,987€30,987=
Issued capital100---€30,987€30,987=
Reserves13€3,099€3,099€3,099€3,099€3,099=
Non-distributable reserves130/1---€3,099€3,099=
Legal reserve130---€3,099€3,099=
Profit (loss) carried forward14€30,859€25,049€24,021€21,071€12,999▼ 38.3%
Amounts payable17/49€119,052€119,087€119,195€119,217€135,052▲ 13.3%
Amounts payable within one year42/48-€34€142€164€16,000▲ 9,647%
Financial debts43---€164--
Credit institutions430/8---€164--
Advances received on contracts in progress46----€16,000-
Accrued charges and deferred income492/3---€119,052€119,052=
Line20182019202020212022Change
Profit (loss) for the period9904-€4,517-€5,810-€1,028-€2,950-€8,073▼ 174%
+ Depreciation and write-downs630€4,487-----
Operating cash flow (approximation)-€30-€5,810-€1,028-€2,950-€8,073▼ 174%
Investment in fixed assets (approximation)-€0€0€0€0-

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

2023
26-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-12
Financial Weakest financial yearnet -€8,073
Net result drops to -€8,073, the lowest in the series.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
17-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
25-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
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.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
322 m²
Building footprint
221 m²
Volume, LiDAR
1,964 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LEVAV
Martelarenlaan 48, 3500 HasseltNACE 70201
since 19892.045.697.435
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0161/00L002 Flanders 233 m² 1 · 131 m² 14.3 m · 3 fl.
71022H0001/00W007 Flanders 89 m² 1 · 90 m² 12.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded31-05-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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