Equity
-€9,286
Debts exceed assets in financial year 2025.
LEVEL 4
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €146,367 (2014)
€91,155▼ 2.3%
lowest -€113,120 (2013)
€84,732▲ 4.2%
peak €230,767 (2012)
-€9,286▲ €84,732
€389,250▼ 3.3%
peak 2 FTE (2014)
-not published
Board1 name since 2022
-
Documentsfilings and deeds
08-12-202554 days before the deadline
2025micro format
Equity from -€94,017 to -€9,286Cash from €10,092 to €4,185
Key points
from the 2025 annual accountsTurnover
≈ €440,000 estimated
The micro format states no turnover.
Debts
€389,250 102% of the balance sheet
Financial debts 96%Suppliers 0%Taxes and wages 1%Other 3%
Of this, €17,228 falls due within a year.
Liquidity
16.13 was 6.67 in 2024
Short-term debts fell from €30,541 to €17,228.
Filings
22 annual accounts since 2004
The last five annual accounts were filed 0 to 54 days before the end of the period.
Position in the sector
€84,732
Higher net result than 94% of companies in retail trade. Sector median €4,763 · 25,208 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as LEVEL 4 has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,794 companies, not a prediction for LEVEL 4. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861112946
Resignation: (director)
Reappointment: (director) · Director discharge: · General meeting of 22-03-2024 · Gazette deed
Incorporation
published on 23-10-2003 · Gazette deed
First establishment
Kempische Kaai 7, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LEVEL 4 Hasselt | €379,965 | €91,155 | -2.4% | - |
| LABORATORY CONSULTING & SERVICES Tournai | €479,588 | €85,136 | 98.8% | - |
| DENTUS Diest | €331,387 | €84,099 | 4.1% | - |
| OPTI-SERVICE Boutersem | €285,137 | €83,994 | 76.3% | - |
| ACOUSTICONSULT Uccle | €365,167 | €85,898 | 77.5% | - |
| PATRICK DESCHREVEL Poperinge | €430,210 | €64,831 | 82.4% | - |
| CAVELLOR Waterloo | €499,465 | €84,661 | -28.8% | - |
These companies have the same main activity as LEVEL 4: retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741). They are comparable in size and age: total assets between €285,000 and €499,000, founded between 1999 and 2005.
Official details
Source: KBO- Status
- Active since 16-10-2003Normal situation
- Activity
- Retail sale of medical and orthopaedic goods, excluding prescription glasses and lensesNACE 47741
- Establishment unit
- 2.134.236.4613500 Hasselt, since 16-10-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 03-02-2025
Annual accounts to 30-06-2025
- €379,965▲ 23.1%
- Filing
- Filed on 08-12-2025, 54 days before the end of the filing period
Insights on LEVEL 4
LEVEL 4 files the micro format. That format states no turnover. The gross margin rose from €21,107 in 2007 to €91,155 in 2025.
The balance sheet grew most from 2012 to 2013 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LEVEL 4
- What is the company number of LEVEL 4?
- The company number of LEVEL 4 is 0861.112.946. The VAT number is the same number with BE in front: BE 0861.112.946.
- Where is LEVEL 4 based?
- The registered office is at Kempische Kaai 7, 3500 Hasselt.Company details
- What does LEVEL 4 do?
- According to the KBO register, the main activity is retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741).
- What is the legal form of LEVEL 4?
- LEVEL 4 is a private limited company (BV).
- When was LEVEL 4 founded?
- LEVEL 4 was founded on 16-10-2003.
- Is LEVEL 4 still active?
- Yes, LEVEL 4 is an active enterprise in the KBO register.
- What is the turnover of LEVEL 4?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €91,155 and 45 comparable companies (NACE 477). It probably lies between €230,000 and €600,000.Financials
- Is LEVEL 4 profitable?
- In financial year 2025, LEVEL 4 made a profit of €84,732.
- Where can I find the annual accounts of LEVEL 4?
- LEVEL 4 filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LEVEL 4 due?
- LEVEL 4 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
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