LEVEL CONSULTING
ActiveSummary
The computed 12-month bankruptcy probability of LEVEL CONSULTING is 3.2% (moderate). The annual accounts of LEVEL CONSULTING for fiscal year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €20k and a net result of €-93k. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 868 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency35▼-45
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 2.01 in 2024; short-term debt: 89.8% and cash: 0.9% of total assets), and 89.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.2%
Return on assets
-47.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 868 sector peers (2025).
NBB · sector comparisonPosition among 868 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
58 d early
2024
76 d early
2023
68 d early
2022
54 d early
2021
76 d early
2020
75 d early
2019
42 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-93k
2024 · €129k
2018: €-41k
2019: €5k▲ +111% vs 2018
2020: €2k▼ -58.2% vs 2019
2021: €920▼ -51.3% vs 2020
2022: €6k▲ +546% vs 2021
2023: €-7k▼ -214% vs 2022
2024: €129k▲ +2008% vs 2023highest in 8 years
2025: €-93k▼ -172% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-6k
2024 · €94k
2018: €-60klowest in 8 years
2019: €-46k▲ +23.5% vs 2018
2020: €-30k▲ +34.0% vs 2019
2021: €-29k▲ +3.1% vs 2020
2022: €-28k▲ +3.2% vs 2021
2023: €-35k▼ -23.9% vs 2022
2024: €94k▲ +368% vs 2023highest in 8 years
2025: €-6k▼ -106% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-9k▲ 39.5%€-16k▼ 74.4%€113k€20k▼ 82.4%
2021: €-15k
2022: €-9k▲ +39.5% vs 2021
2023: €-16k▼ -74.4% vs 2022lowest in 5 years
2024: €113k▲ +814% vs 2023highest in 5 years
2025: €20k▼ -82.4% vs 2024
Operating result€3k-€19k▲ 476%€-6k€131k€-93k
2021: €3k
2022: €19k▲ +476% vs 2021
2023: €-6k▼ -129% vs 2022
2024: €131k▲ +2405% vs 2023highest in 5 years
2025: €-93k▼ -171% vs 2024lowest in 5 years
Net result€920-€6k▲ 546%€-7k€129k€-93k
2021: €920
2022: €6k▲ +546% vs 2021
2023: €-7k▼ -214% vs 2022
2024: €129k▲ +2008% vs 2023highest in 5 years
2025: €-93k▼ -172% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €93k after €131k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€26k ▲ 35.1%
Current assets
€169k ▼ 9.5%
Equity and liabilities €195k
Equity
€20k ▼ 82.4%
Debt
€175k ▲ 88.1%
Debt's share of the balance-sheet total rises from 45.2% to 89.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-91k
Cash flow
€-91k
Current ratio
0.97▼
2024 · 2.01
Debt to equity
8.81▲
2024 · 0.82
ROE
-468.4%▼
2024 · 114.0%
ROA
-47.7%▼
2024 · 62.5%
Interest coverage
-1819.18
Debt ≤ 1 year
€175k▲
2024 · €93k
Staff costs
€69k▼
2024 · €162k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€206k€195k▼
Fixed assets21/28€19k€26k▲
Tangible fixed assets22/27-€7k
Furniture and vehicles24-€7k
Financial fixed assets28€19k€19k=
Current assets29/58€187k€169k▼
Amounts receivable within one year40/41€179k€168k▼
Trade receivables40€175k€159k▼
Other amounts receivable41€4k€9k▲
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€206k€195k▼
Equity10/15€113k€20k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€95k€1k▼
Amounts payable17/49€93k€175k▲
Amounts payable within one year42/48€93k€175k▲
Trade debts44€24k€170k▲
Suppliers440/4€24k€170k▲
Taxes, remuneration and social security45€70k€6k▼
Taxes450/3€53k-
Remuneration and social security454/9€17k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€162k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€3k€7k▲
Non-recurring operating charges66A-€25k
Gross operating margin9900€296k€10k▼
Operating profit (loss)9901€131k€-93k▼
Financial charges65/66B€481€50▼
Recurring financial charges65€481€50▼
Profit (loss) for the period before taxes9903€130k€-93k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€129k€-93k▼
Profit (loss) for the period to be appropriated9905€129k€-93k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€1k▼
Profit (loss) brought forward from the previous period14P€-34k€95k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €67k | €31k | €154k | €162k | €69k | ▼ 57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €2k | - |
| Other operating charges640/8 | €568 | €1k | €725 | €3k | €7k | ▲ 105% |
| Non-recurring operating charges66A | - | - | - | - | €25k | - |
| Gross operating margin9900 | €71k | €52k | €149k | €296k | €10k | ▼ 96.5% |
| Operating profit (loss)9901 | €3k | €19k | €-6k | €131k | €-93k | ▼ 171% |
| Financial income75/76B | €11 | - | - | - | - | - |
| Recurring financial income75 | €11 | - | - | - | - | - |
| Financial charges65/66B | €177 | €417 | €129 | €481 | €50 | ▼ 89.6% |
| Recurring financial charges65 | €177 | €417 | €129 | €481 | €50 | ▼ 89.6% |
| Profit (loss) for the period before taxes9903 | €3k | €19k | €-6k | €130k | €-93k | ▼ 172% |
| Income taxes67/77 | €2k | €13k | €964 | €1k | - | - |
| Profit (loss) for the period9904 | €920 | €6k | €-7k | €129k | €-93k | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | €920 | €6k | €-7k | €129k | €-93k | ▼ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €194k | €158k | €151k | €206k | €195k | ▼ 5.4% |
| Fixed assets21/28 | €14k | €19k | €19k | €19k | €26k | ▲ 35.1% |
| Tangible fixed assets22/27 | - | - | - | - | €7k | - |
| Furniture and vehicles24 | - | - | - | - | €7k | - |
| Financial fixed assets28 | €14k | €19k | €19k | €19k | €19k | = |
| Current assets29/58 | €180k | €139k | €132k | €187k | €169k | ▼ 9.5% |
| Amounts receivable within one year40/41 | €177k | €138k | €130k | €179k | €168k | ▼ 6.1% |
| Trade receivables40 | €177k | €138k | €130k | €175k | €159k | ▼ 8.9% |
| Other amounts receivable41 | - | - | - | €4k | €9k | ▲ 112% |
| Cash at bank and in hand54/58 | €3k | €390 | €2k | €9k | €2k | ▼ 79.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €194k | €158k | €151k | €206k | €195k | ▼ 5.4% |
| Equity10/15 | €-15k | €-9k | €-16k | €113k | €20k | ▼ 82.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-34k | €-28k | €-34k | €95k | €1k | ▼ 98.6% |
| Amounts payable17/49 | €209k | €167k | €167k | €93k | €175k | ▲ 88.1% |
| Amounts payable within one year42/48 | €209k | €167k | €167k | €93k | €175k | ▲ 88.1% |
| Trade debts44 | €196k | €135k | €135k | €24k | €170k | ▲ 622% |
| Suppliers440/4 | €196k | €135k | €135k | €24k | €170k | ▲ 622% |
| Taxes, remuneration and social security45 | €13k | €32k | €32k | €70k | €6k | ▼ 91.8% |
| Taxes450/3 | €5k | €28k | €12k | €53k | - | - |
| Remuneration and social security454/9 | €8k | €4k | €20k | €17k | €6k | ▼ 66.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €920 | €6k | €-7k | €129k | €-93k | ▼ 172% |
| + Depreciation and write-downs630 | - | - | - | - | €2k | - |
| Operating cash flow (approximation) | €920 | €6k | €-7k | €129k | €-91k | ▼ 171% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €0 | €-9k | - |
| Change in cash | - | €-2k | €2k | €7k | €-7k | ▼ 203% |
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €129k
Net result €129k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.01
Current ratio from 0.79 to 2.01; short-term debt falls from €167k to €93k.
31-12
Financial
Equity above €100kEq €113k
Equity rises from €-16k to €113k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2017
Ground area
137 m²
Building footprint
120 m²
Volume, LiDAR
1,372 m³
Parcel 21364B0134/00A007, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
LEVEL CONSULTING
since 20172.270.356.264
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0134/00A007 | Brussels | 137 m² | 1 · 120 m² | 17.3 m · 4 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.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 4,968 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
Founded20-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
70200Business and other management consultancy
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.