LEVEL 8
ActiveSummary
LEVEL 8 has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,342 and a net result of -€7,595. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-81
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 14.6 against 12.83 in 2024; short-term debt: 6.8% and cash: 57.8% of total assets), and 6.8% of the assets are financed with debt.
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Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
18 d late
2023
29 d late
2022
25 d late
2021
30 d late
2020
116 d late
2019
3 d late
← 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 36 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€130,342▼ 5.5%
2024 · €137,938
Total assets
€139,927▼ 6.5%
2024 · €149,599
Net result
-€7,595
2024 · €28,895
Working capital
€130,342▼ 5.5%
2024 · €137,938
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
Line20212022202320242025
Operating result€40,560▲ 206%€1,695▼ 95.8%-€5,286€37,491-€7,478
Net result€30,046▲ 38.7%€2,384▼ 92.1%-€3,893€28,895-€7,595
Equity€110,552▲ 37.3%€112,936▲ 2.2%€109,043▼ 3.4%€137,938▲ 26.5%€130,342▼ 5.5%
Total assets€136,837▲ 35.3%€137,258▲ 0.3%€140,180▲ 2.1%€149,599▲ 6.7%€139,927▼ 6.5%
Debt€26,285▲ 27.2%€24,322▼ 7.5%€31,137▲ 28.0%€11,661▼ 62.5%€9,585▼ 17.8%
Working capital€109,327▲ 39.2%€113,307▲ 3.6%€108,851▼ 3.9%€137,938▲ 26.7%€130,342▼ 5.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7,478 after €37,491 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €139,927
Equity
€130,342 ▼ 5.5%
Debt
€9,585 ▼ 17.8%
Debt's share of the balance-sheet total falls from 7.8% to 6.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,478▼
2024 · €37,683
Cash flow
-€7,595▼
2024 · €29,086
Current ratio
14.60▲
2024 · 12.83
Quick ratio
9.94▲
2024 · 9.22
Debt to equity
0.07▼
2024 · 0.08
ROE
-5.8%▼
2024 · 20.9%
ROA
-5.4%▼
2024 · 19.3%
Interest coverage
-5.81▼
2024 · 20.27
Debt ≤ 1 year
€9,585▼
2024 · €11,661
Income taxes
€100▼
2024 · €8,312
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,634 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €733 | €597 | €437 | €192 | €0 | ▼ 100% |
| Other operating charges640/8 | €811 | €589 | €830 | €721 | €679 | ▼ 5.9% |
| Gross operating margin9900 | €42,103 | €2,881 | -€4,020 | €38,404 | -€6,800 | ▼ 118% |
| Operating profit (loss)9901 | €40,560 | €1,695 | -€5,286 | €37,491 | -€7,478 | ▼ 120% |
| Financial income75/76B | €3,133 | €3,542 | €2,146 | €1,575 | €1,270 | ▼ 19.4% |
| Recurring financial income75 | €3,133 | €3,542 | €2,146 | €1,575 | €1,270 | ▼ 19.4% |
| Financial charges65/66B | €1,350 | €1,117 | €605 | €1,859 | €1,287 | ▼ 30.8% |
| Recurring financial charges65 | €1,350 | €1,117 | €605 | €1,859 | €1,287 | ▼ 30.8% |
| Profit (loss) for the period before taxes9903 | €42,343 | €4,120 | -€3,745 | €37,207 | -€7,495 | ▼ 120% |
| Income taxes67/77 | €12,297 | €1,736 | €148 | €8,312 | €100 | ▼ 98.8% |
| Profit (loss) for the period9904 | €30,046 | €2,384 | -€3,893 | €28,895 | -€7,595 | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | €30,046 | €2,384 | -€3,893 | €28,895 | -€7,595 | ▼ 126% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €136,837 | €137,258 | €140,180 | €149,599 | €139,927 | ▼ 6.5% |
| Fixed assets21/28 | €1,225 | €628 | €192 | - | - | - |
| Tangible fixed assets22/27 | €1,225 | €628 | €192 | - | - | - |
| Land and buildings22 | €575 | €383 | €192 | - | - | - |
| Furniture and vehicles24 | €651 | €245 | - | - | - | - |
| Current assets29/58 | €135,612 | €136,630 | €139,988 | €149,599 | €139,927 | ▼ 6.5% |
| Stocks and contracts in progress3 | €42,061 | €50,642 | €39,628 | €42,115 | €44,691 | ▲ 6.1% |
| Stocks30/36 | €42,061 | €50,642 | €39,628 | €42,115 | €44,691 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €16,728 | €4,083 | €17,826 | €51,134 | €4,669 | ▼ 90.9% |
| Trade receivables40 | €1,289 | - | €6,723 | €185 | €0 | ▼ 100% |
| Other amounts receivable41 | €15,439 | €4,083 | €11,103 | €50,949 | €4,669 | ▼ 90.8% |
| Cash at bank and in hand54/58 | €75,701 | €80,655 | €81,207 | €43,826 | €80,812 | ▲ 84.4% |
| Deferred charges and accrued income490/1 | €1,122 | €1,249 | €1,327 | €12,523 | €9,756 | ▼ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €136,837 | €137,258 | €140,180 | €149,599 | €139,927 | ▼ 6.5% |
| Equity10/15 | €110,552 | €112,936 | €109,043 | €137,938 | €130,342 | ▼ 5.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €90,510 | €92,893 | €90,033 | €118,533 | €111,742 | ▼ 5.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €88,650 | €91,033 | €90,033 | €118,533 | €111,742 | ▼ 5.7% |
| Profit (loss) carried forward14 | €1,442 | €1,442 | €410 | €804 | €0 | ▼ 100% |
| Amounts payable17/49 | €26,285 | €24,322 | €31,137 | €11,661 | €9,585 | ▼ 17.8% |
| Amounts payable within one year42/48 | €26,285 | €23,322 | €31,137 | €11,661 | €9,585 | ▼ 17.8% |
| Trade debts44 | €7,589 | €6,268 | €18,073 | €2,971 | €3,876 | ▲ 30.5% |
| Suppliers440/4 | €7,589 | €6,268 | €18,073 | €2,971 | €3,876 | ▲ 30.5% |
| Taxes, remuneration and social security45 | €18,696 | €17,054 | €9,758 | €8,690 | €5,709 | ▼ 34.3% |
| Taxes450/3 | €18,696 | €17,054 | €9,758 | €8,690 | €5,709 | ▼ 34.3% |
| Other amounts payable47/48 | - | - | €3,306 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,046 | €2,384 | -€3,893 | €28,895 | -€7,595 | ▼ 126% |
| + Depreciation and write-downs630 | €733 | €597 | €437 | €192 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €30,779 | €2,981 | -€3,456 | €29,086 | -€7,595 | ▼ 126% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €4,954 | €552 | -€37,380 | €36,985 | ▲ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
State Gazette act
Resignation: voorzitter (chair)Power of attorney · Registered-office move5 facts ▸
State Gazette act
Resignation: voorzitter (chair)
Power of attorney · Registered-office move5 facts ▸
- General meeting, 10-09-2026
- Power of attorney
- Power of attorney, Nathalie CLaes
- Registered-office move, Isabellaplein 7, 3270 Scherpenheuvel-Zichem
- Director resignation, voorzitter (chair)
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet -€7,595
Net result drops to -€7,595, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €28,895
Net result €28,895 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 12.83
Current ratio from 4.50 to 12.83; short-term debt falls from €31,137 to €11,661.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €30,046 ▲38.7%
Operating result €40,560, net result €30,046, both a record.
31-12
Financial
Equity above €100,000Eq €110,552 ▲37.3%
4 profitable years in a row build equity to €110,552.
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
Show earlier events
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
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.
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Scherpenheuvel-Zichem · 1 establishment unit since 2014
Ground area
153 m²
Building footprint
115 m²
Volume, LiDAR
978 m³
Parcel 24098A0699/00D000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LEVEL 8
since 20142.227.161.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098A0699/00D000 | Flanders | 153 m² | 1 · 115 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| voorzitter |
|
Articles of association
Purpose
Alle activiteiten van een horeca uitbating, in de ruimste zin, zoals de inrichting, de uitbating, de huur en verhuur, de leiding en het bestuur van taverne, restaurant, café…
Full purpose (20 activities)
- Alle activiteiten van een horeca uitbating, in de ruimste zin, zoals de inrichting, de uitbating, de huur en verhuur, de leiding en het bestuur van taverne, restaurant, café, brasserie, bistro, pizzeria, snackbars, kantine, tearoom, feest- en vergaderzalen, dancings, private clubs, sport en ontspanningsclub, feesttent, hotel, motel, gastenkamer, traiteurzaken, staanplaats voor mobilhome en alle andere al dan niet verplaatsbare inrichtingen en gelegenheden waar zowel alcoholische als niet-alcoholische dranken, snacks en maaltijden te koop of voor verbruik te plaatse worden aangeboden of waar logeer-, ontspanning- of sportmogelijkheden geboden worden, alsmede het inrichten en verzorgen van feesten, recepties, catering en manifestatie allerhande.
- Het uitbaten van een traiteur en cateringbedrijf: het bereiden van maaltijden en spijzen in centrale keukens, voor rekening van derden
- Het inrichten van feestelijkheden, vermakelijkheden en in het algemeen alle mogelijke manifestaties en evenementen
- Verhuring van feestzalen
- De bereiding, aan- en verkoop van alle koude en warme dranken en gerechten, gebak, bereide vis-en vleeswaren en ijsroom
- De aan- en verkoop van rookwaren, wijnen en likeuren, bieren, waters, limonades, fruitsappen en alle andere dranken, kaas en andere eetwaren
- Organisatie en logistieke ondersteuning van evenementen, feesten, happenings, party's, concerten, festivals, beurzen, reclame- en mediatoepassingen in elk bedrijfssegment en dit zowel voor eigen rekening, voor rekening van alle mogelijke derden als in deelneming met derden
- De vennootschap kan hiervoor alle mogelijke diensten verschaffen die rechtstreeks of onrechtstreeks verband houden met de organisatie van deze activiteiten
- Detailhandel in dames-, heren-, baby- en kinder boven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)
- Kleinhandel in bovenkleding (inclusief werk, sport en ceremoniekleding) van ongeacht welk materiaal (textielstoffen, breigoed, leer, bont, enzovoort) voor heren, dames en kinderen (algemeen assortiment)
- Detailhandel in schoeisel in gespecialiseerde winkels
- Kleinhandel schoeisel
- Kleinhandel in lederwaren en reisartikelen van leer of van leervervangers
- Detailhandel in uurwerken en sierraden in gespecialiseerde winkels
- Kleinhandel in uurwerken en horloges
- De aan- en verkoop van cd's, dvd's en andere geluids- en of beelddragers en alle mogelijke audiovisuele apparaten en toestellen en dit via alle kanalen waaronder via het internet (webshop)
- De in- en uitvoer, aan- en verkoop zowel in groot- als in kleinhandel, de handel als tussenpersoon, commissionair, consignataris en agentuur, de distributie, zowel in al dan niet gespecialiseerde winkels, ambulant op markten, beurzen of aan huis, op afstand via internet, elektronische of telefonische communicatie of enige andere wijze, in een onbepaald en onbeperkt productengamma van nieuwe en tweedehandse roerende goederen, uit en naar alle mogelijke landen van en naar België, kortom de handel in haar vormen van alle producten, waren en goederen in de handel
- Managementactiviteiten van en voor holdings en andere ondernemingen; het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere; het op lange termijn aanhouden van aandelen afkomstig van verschillende andere bedrijven uit verscheidene economische sectoren
- Het aanleggen, het oordeelkundig uitbouwen en het beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; evenals alle handelingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer en op het productief maken van onroerende goederen of onroerende zakelijke rechten
- Om haar voorwerp te verwezenlijken zal de vennootschap alle daden en verhandelingen mogen stellen, in België en in het buitenland. Zij zal door alle middelen mogen samenwerken met of deelnemen aan alle ondernemingen of burgerlijke vennootschappen, die eenzelfde, gelijkaardig of verwant voorwerp nastreven. De vennootschap mag haar voorwerp verwezenlijken zowel voor eigen rekening dan als tussenpersoon, of voor rekening van derden
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Of 6,498 companies in sector 47716 we hold annual accounts for 2,439. 1,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.