LEVEL 19

Active

Private limited companyfounded 2000active for 26 yearsBasiel De Craenestraat 16, 9800 Deinze, BelgiumKBO/BCE: BE 0472.301.611

Summary

LEVEL 19 has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €171,238. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 95% of 13,660 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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LEVEL 19ActiveChecked score 98/100

Risk analysis Report Compare

Activity

Agents in the wholesale of textiles, clothing, fur, footwear and leather goods

NACE 46160

1 site

Size

≈ €930,000turnover 2025, estimated

Equity: €1.1m
Profit: €171,238

Turnover estimated from the gross margin

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 114 days early1 of 4 deeds summarised

Why 98lowers riskLiquidity: current ratio 46.08, cash €517,946Equity €1.1m (97.7% of total assets)Founded in 2000Size: total assets €1.2mShow the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 83% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 97.7% of total assets

Liquidity 100=

short-term debt 2.1% · cash 44.1%

Profitability 87+11

return on assets 14.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,896 companies, NACE 46, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged 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 10-2025 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 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity ample (current ratio 46.08, compared with 28.65 in 2024, above the usual 1.5; short-term debt: 2.1% and cash: 44.1% of total assets), and 2.3% of the assets are financed with debt and provisions.

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 46, micro): better than 90% on solvency, 98% on liquidity, 82% on profitability and 63% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 46.08, cash €517,946

NBB · annual accounts

Equity €1.1m (97.7% of total assets)

NBB · annual accounts

Founded in 2000

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €1.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

114 days early

2024

86 days early

2023

99 days early

2022

11 days early

2021

102 days early

2020

74 days early

2019

72 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 80 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

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 24 April (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-04-2026 Annual accounts filedfinancial year 2025 · micro…
06-05-2025 Annual accounts filedfinancial year 2024 · micro…
23-04-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Positive: Among the best 5% on solvencysector median 40.6% · 13,660 companies 97.7% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €171,238 8 years View

By topic

Financials

Financial year: 2025
Total assets: €1.2m
Profit: €171,238
Solvency: 97.7%

Total assets▲ 7.6%

Net result

20182025

Go to Financials

Timeline

Events: 31
Since: 2002
Next accounts: by 31-07-2027

31-12-2023Equity above €1m
20-07-2023Annual accounts filed
19-04-2023Resignations: Milis,Huib (manager) and Yamashita,Chikako (manager)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Agents in the wholesale of textiles, clothing, fur…NACE 46160
Founded: 07-07-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Who signs: Each director alone
Annual meeting: 19 April at 18:00
Purpose: “De productie,onderaanneming,distributie,invoer en uitvoer van modeproducten in de meest…” (deed in Dutch)

Go to Articles of association

Key facts about LEVEL 19

What is the company number of LEVEL 19?: 0472.301.611. In Belgium the VAT number is the company number with BE in front: BE 0472.301.611.
Where is LEVEL 19 based?: The registered office is at Basiel De Craenestraat 16, 9800 Deinze.Company details
What does LEVEL 19 do?: According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
What is the legal form of LEVEL 19?: Private limited company (BV).
When was LEVEL 19 founded?: On 07-07-2000.
Is LEVEL 19 still active?: Yes, LEVEL 19 is an active enterprise in the KBO register.
What is the turnover of LEVEL 19?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is LEVEL 19 profitable?: In financial year 2025, LEVEL 19 made a profit of €171,238.
Where can I find the annual accounts of LEVEL 19?: LEVEL 19 filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEVEL 19 due?: By 31-07-2027, for financial year 2026.Timeline