LEVEL 27
ActiveLEVEL 27 has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €896k and a net result of €159k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 2671 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+35
Solvency71▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.47 in 2024), but 69% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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%
Return on assets
5.5%
Age of the figures
17 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-11-2025, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
14 d early
2023
5 d early
2022
34 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€896k▲ 7.0%
2024 · €837k
2019: €288k
2020: €387k
2021: €466k
2022: €575k
2023: €746k
2024: €837k
2019 → 2025
Total assets
€2.89M▲ 0.4%
2024 · €2.88M
2019: €872k
2020: €1.05M
2021: €1.55M
2022: €1.85M
2023: €2.04M
2024: €2.88M
2019 → 2025
Net result
€159k▲ 75.8%
2024 · €90k
2019: €29k
2020: €199k
2021: €140k
2022: €109k
2023: €171k
2024: €90k
2019 → 2025
Working capital
€726k▲ 79.8%
2024 · €404k
2019: €97k
2020: €112k
2021: €70k
2022: €83k
2023: €295k
2024: €404k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€466k-€575k▲ 23.3%€746k▲ 29.8%€837k▲ 12.1%€896k▲ 7.0%
Operating result€192k-€162k▼ 15.5%€226k▲ 39.3%€151k▼ 32.9%€271k▲ 79.1%
Net result€140k-€109k▼ 22.1%€171k▲ 57.7%€90k▼ 47.3%€159k▲ 75.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.89M
Fixed assets
€1.43M▼ 11.5%
Current assets
€1.45M▲ 15.6%
Equity and liabilities €2.89M
Equity
€896k▲ 7.0%
Debt
€1.99M▼ 2.4%
The debt ratio falls from 70.9% to 69.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€826k▲
2024 · €589k
Cash flow
€714k▲
2024 · €528k
Solvency
31.0%▲
2024 · 29.1%
Current ratio
2.00▲
2024 · 1.47
Quick ratio
2.00▲
2024 · 1.47
Debt / equity
2.22▼
2024 · 2.44
ROE
17.7%▲
2024 · 10.8%
ROA
5.5%▲
2024 · 3.1%
Interest coverage
13.89▲
2024 · 12.52
Debt
€1.99M▼
2024 · €2.04M
Debt ≤ 1 year
€725k▼
2024 · €852k
Debt > 1 year
€771k▲
2024 · €715k
Income taxes
€55k▲
2024 · €39k
Staff costs
€990k▲
2024 · €981k
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€2.88M€2.89M▲
Fixed assets21/28€1.62M€1.43M▼
Intangible fixed assets21€386k€270k▼
Tangible fixed assets22/27€1.23M€989k▼
Plant, machinery and equipment23€201k€230k▲
Furniture and vehicles24€99k€65k▼
Leasing and similar rights25€125k€20k▼
Other tangible fixed assets26€809k€674k▼
Financial fixed assets28€0€175k▲
Current assets29/58€1.26M€1.45M▲
Amounts receivable within one year40/41€555k€349k▼
Trade receivables40€441k€336k▼
Other amounts receivable41€114k€13k▼
Current investments50/53€18k€31k▲
Cash at bank and in hand54/58€601k€954k▲
Deferred charges and accrued income490/1€81k€118k▲
Equity and liabilities
Total equity and liabilities10/49€2.88M€2.89M▲
Equity10/15€837k€896k▲
Contributions10/11€19k€19k=
Reserves13€699k€636k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€252k€189k▼
Distributable reserves133€448k€448k=
Profit (loss) carried forward14€119k€241k▲
Amounts payable17/49€2.04M€1.99M▼
Amounts payable after more than one year17€715k€771k▲
Financial debts170/4€660k€717k▲
Other amounts payable178/9€55k€55k=
Amounts payable within one year42/48€852k€725k▼
Current portion of amounts payable after more than one year42€311k€194k▼
Trade debts44€326k€204k▼
Suppliers440/4€326k€204k▼
Taxes, remuneration and social security45€210k€222k▲
Taxes450/3€47k€46k▼
Remuneration and social security454/9€163k€176k▲
Other amounts payable47/48€4k€105k▲
Accrued charges and deferred income492/3€471k€493k▲
Income statement
Code20242025
Non-recurring operating income76A-€561
Remuneration, social security and pensions62€981k€990k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437k€555k▲
Other operating charges640/8€30k€29k▼
Non-recurring operating charges66A€78k€14k▼
Gross operating margin9900€1.68M€1.86M▲
Operating profit (loss)9901€151k€271k▲
Financial income75/76B€25k€2k▼
Recurring financial income75€25k€2k▼
Financial charges65/66B€47k€59k▲
Recurring financial charges65€47k€59k▲
Profit (loss) for the period before taxes9903€129k€214k▲
Income taxes67/77€39k€55k▲
Profit (loss) for the period9904€90k€159k▲
Transfer from tax-exempt reserves789€63k€63k=
Transfer to tax-exempt reserves689€315k€0▼
Profit (loss) for the period to be appropriated9905€-161k€222k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€341k▲
Profit (loss) brought forward from the previous period14P€280k€119k▼
Profit to be distributed694/7-€100k
Directors or managers695-€100k
Social balance
Average headcount (FTE)908715.114.9▼
The notes to these accounts (28 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
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €500kEq €575k ▲23.3%
4 profitable years in a row build equity to €575k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Highest result since 2019net €199k ▲581%
Operating result €317k, net result €199k, both a record.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
Lunatis
CurrentDirector · since 10-08-2023 · Private limited company · perm. rep.: Fastré Peter
RootSecurity
CurrentDirector · since 10-08-2023 · Private limited company · perm. rep.: Woidt Thomas
10-08-2023
Lunatis: Appointed as Director
10-08-2023
RootSecurity: Appointed as Director
10-08-2023
Fastré Peter: Resigned as Director
10-08-2023
Woidt Thomas: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2021
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.
Via Media 43500 HasseltGround area
7,807 m²
Building footprint
1,111 m²
Volume, LiDAR
8,734 m³
Parcel 71323C1169/00S000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Via Media 4, 3500 Hasselt
since 20212.318.479.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C1169/00S000 | Flanders | 7,807 m² | 1 · 1,111 m² | 10.8 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 75,574 EUR awarded · 72,216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,037 EUR | 1,679 EUR |
| 2024 | 2 | 5,726 EUR | 56,023 EUR |
| 2023 | 1 | 6,903 EUR | 7,941 EUR |
| 2022 | 3 | 57,908 EUR | 6,573 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidie voor schoolfruit, schoolgroenten en schoolmelk
Similar companies · same sector, comparable size
INTEGRATION ARCHITECTS
BE 0832.615.831
Oostende · Eq €896k
INPRINTA
BE 0477.459.734
Turnhout · Eq €897k
EXPERT NETWORK
BE 0844.412.813
Antwerpen · Eq €897k
DEM ADVANTAGE
BE 0413.086.574
Anderlecht · Eq €898k
Jocque.be
BE 0896.906.342
Maldegem · Eq €898k
Of 16,811 companies in sector 62100 we hold annual accounts for 8,749. 4,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2007
Fiscal year end31-03
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
63100Computing infrastructure, data processing, hosting and related activities
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.