LEVEL DIAMONDS
ActiveSummary
LEVEL DIAMONDS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.08M and a net result of €715k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+21
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 20.48 against 4.59 in 2023; short-term debt: 4.9% and cash: 8.8% of total assets), and 4.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.1%
Return on assets
32.8%
Age of the figures
21 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
26 d late
2022
58 d late
2021
142 d late
2020
86 d late
2019
131 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.08M▲ 30.5%
2023 · €1.59M
2018: €606klowest in 7 years
2019: €690k▲ +13.8% vs 2018
2020: €900k▲ +30.4% vs 2019
2021: €1.21M▲ +34.7% vs 2020
2022: €1.43M▲ +17.5% vs 2021
2023: €1.59M▲ +11.7% vs 2022
2024: €2.08M▲ +30.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€2.18M▲ 7.3%
2023 · €2.03M
2018: €2.11M
2019: €2.16M▲ +2.1% vs 2018
2020: €2.25M▲ +4.4% vs 2019highest in 7 years
2021: €1.54M▼ -31.4% vs 2020lowest in 7 years
2022: €1.84M▲ +19.5% vs 2021
2023: €2.03M▲ +10.3% vs 2022
2024: €2.18M▲ +7.3% vs 2023
2018 → 2024
Net result
€715k▲ 329%
2023 · €167k
2018: €359k
2019: €84k▼ -76.6% vs 2018lowest in 7 years
2020: €210k▲ +150% vs 2019
2021: €312k▲ +48.6% vs 2020
2022: €212k▼ -32.0% vs 2021
2023: €167k▼ -21.5% vs 2022
2024: €715k▲ +329% vs 2023highest in 7 years
2018 → 2024
Working capital
€2.07M▲ 30.4%
2023 · €1.59M
2018: €567klowest in 7 years
2019: €969k▲ +70.8% vs 2018
2020: €1.33M▲ +37.7% vs 2019
2021: €1.20M▼ -10.1% vs 2020
2022: €1.42M▲ +18.0% vs 2021
2023: €1.59M▲ +12.1% vs 2022
2024: €2.07M▲ +30.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€900k-€1.21M▲ 34.7%€1.43M▲ 17.5%€1.59M▲ 11.7%€2.08M▲ 30.5%
2020: €900klowest in 5 years
2021: €1.21M▲ +34.7% vs 2020
2022: €1.43M▲ +17.5% vs 2021
2023: €1.59M▲ +11.7% vs 2022
2024: €2.08M▲ +30.5% vs 2023highest in 5 years
Operating result€223k-€324k▲ 45.4%€229k▼ 29.3%€185k▼ 19.2%€706k▲ 281%
2020: €223k
2021: €324k▲ +45.4% vs 2020
2022: €229k▼ -29.3% vs 2021
2023: €185k▼ -19.2% vs 2022lowest in 5 years
2024: €706k▲ +281% vs 2023highest in 5 years
Net result€210k-€312k▲ 48.6%€212k▼ 32.0%€167k▼ 21.5%€715k▲ 329%
2020: €210k
2021: €312k▲ +48.6% vs 2020
2022: €212k▼ -32.0% vs 2021
2023: €167k▼ -21.5% vs 2022lowest in 5 years
2024: €715k▲ +329% vs 2023highest in 5 years
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 2024; 2024 is 281% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.18M
Fixed assets
€8k ▲ 59.6%
Current assets
€2.18M ▲ 7.2%
Equity and liabilities €2.18M
Equity
€2.08M ▲ 30.5%
Debt
€106k ▼ 76.0%
Debt's share of the balance-sheet total falls from 21.7% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€711k▲
2023 · €190k
Cash flow
€720k▲
2023 · €172k
Current ratio
20.48▲
2023 · 4.59
Quick ratio
13.35▲
2023 · 2.30
Debt to equity
0.05▼
2023 · 0.28
ROE
34.4%▲
2023 · 10.5%
ROA
32.8%▲
2023 · 8.2%
Interest coverage
184.86▲
2023 · 98.59
Debt ≤ 1 year
€106k▼
2023 · €442k
Income taxes
€15k▼
2023 · €17k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.03M€2.18M▲
Fixed assets21/28€5k€8k▲
Tangible fixed assets22/27€4k€7k▲
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24-€6k
Financial fixed assets28€600€600=
Current assets29/58€2.03M€2.18M▲
Stocks and contracts in progress3€1.01M€757k▼
Stocks30/36€1.01M€757k▼
Amounts receivable within one year40/41€961k€1.23M▲
Trade receivables40€333k€418k▲
Other amounts receivable41€628k€810k▲
Cash at bank and in hand54/58€56k€191k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.18M▲
Equity10/15€1.59M€2.08M▲
Contributions10/11€19k€19k=
Reserves13€1.57M€2.06M▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€1.57M€2.06M▲
Amounts payable17/49€442k€106k▼
Amounts payable within one year42/48€442k€106k▼
Trade debts44€406k€32k▼
Suppliers440/4€406k€32k▼
Taxes, remuneration and social security45€36k€29k▼
Taxes450/3€36k€29k▼
Other amounts payable47/48€533€45k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€192k€713k▲
Operating profit (loss)9901€185k€706k▲
Financial income75/76B€34€28k▲
Recurring financial income75€34€28k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€183k€731k▲
Income taxes67/77€17k€15k▼
Profit (loss) for the period9904€167k€715k▲
Profit (loss) for the period to be appropriated9905€167k€715k▲
Appropriation of the result
Profit (loss) to be appropriated9906€167k€715k▲
Transfer from equity791/2-€185k
Transfer to equity691/2€167k€670k▲
To other reserves6921€167k€670k▲
Profit to be distributed694/7-€230k
Return on contributions (dividend)694-€185k
Directors or managers695-€45k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €5k | €5k | €5k | ▼ 2.6% |
| Other operating charges640/8 | - | €3k | €3k | €2k | €2k | ▲ 2.4% |
| Gross operating margin9900 | €235k | €335k | €237k | €192k | €713k | ▲ 271% |
| Operating profit (loss)9901 | €223k | €324k | €229k | €185k | €706k | ▲ 281% |
| Financial income75/76B | - | €442 | €315 | €34 | €28k | ▲ 83,032% |
| Recurring financial income75 | €2k | €442 | €315 | €34 | €28k | ▲ 83,032% |
| Financial charges65/66B | - | €1k | €4k | €2k | €4k | ▲ 99.4% |
| Recurring financial charges65 | €5k | €1k | €4k | €2k | €4k | ▲ 99.4% |
| Profit (loss) for the period before taxes9903 | €221k | €323k | €225k | €183k | €731k | ▲ 298% |
| Income taxes67/77 | €11k | €11k | €13k | €17k | €15k | ▼ 8.0% |
| Profit (loss) for the period9904 | €210k | €312k | €212k | €167k | €715k | ▲ 329% |
| Profit (loss) for the period to be appropriated9905 | €210k | €312k | €212k | €167k | €715k | ▲ 329% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.25M | €1.54M | €1.84M | €2.03M | €2.18M | ▲ 7.3% |
| Fixed assets21/28 | €22k | €13k | €10k | €5k | €8k | ▲ 59.6% |
| Tangible fixed assets22/27 | €21k | €13k | €9k | €4k | €7k | ▲ 67.9% |
| Plant, machinery and equipment23 | - | €13k | €9k | €4k | €1k | ▼ 72.6% |
| Furniture and vehicles24 | - | - | - | - | €6k | - |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €2.23M | €1.53M | €1.83M | €2.03M | €2.18M | ▲ 7.2% |
| Stocks and contracts in progress3 | €1.25M | €1.15M | €1.16M | €1.01M | €757k | ▼ 25.2% |
| Stocks30/36 | - | €1.15M | €1.16M | €1.01M | €757k | ▼ 25.2% |
| Amounts receivable within one year40/41 | €960k | €327k | €537k | €961k | €1.23M | ▲ 27.7% |
| Trade receivables40 | - | €215k | €190k | €333k | €418k | ▲ 25.4% |
| Other amounts receivable41 | - | €112k | €346k | €628k | €810k | ▲ 29.0% |
| Cash at bank and in hand54/58 | €19k | €49k | €133k | €56k | €191k | ▲ 240% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.25M | €1.54M | €1.84M | €2.03M | €2.18M | ▲ 7.3% |
| Equity10/15 | €900k | €1.21M | €1.43M | €1.59M | €2.08M | ▲ 30.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €882k | €1.19M | €1.41M | €1.57M | €2.06M | ▲ 30.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | €1.19M | €1.40M | €1.57M | €2.06M | ▲ 31.0% |
| Amounts payable17/49 | €1.35M | €331k | €419k | €442k | €106k | ▼ 76.0% |
| Amounts payable after more than one year17 | €456k | - | - | - | - | - |
| Amounts payable within one year42/48 | €895k | €331k | €419k | €442k | €106k | ▼ 76.0% |
| Trade debts44 | €357k | €220k | €371k | €406k | €32k | ▼ 92.0% |
| Suppliers440/4 | - | €220k | €371k | €406k | €32k | ▼ 92.0% |
| Taxes, remuneration and social security45 | - | €22k | €26k | €36k | €29k | ▼ 19.4% |
| Taxes450/3 | - | €22k | €26k | €36k | €29k | ▼ 19.4% |
| Other amounts payable47/48 | - | €88k | €22k | €533 | €45k | ▲ 8,344% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €210k | €312k | €212k | €167k | €715k | ▲ 329% |
| + Depreciation and write-downs630 | €10k | €9k | €5k | €5k | €5k | ▼ 2.6% |
| Operating cash flow (approximation) | €220k | €321k | €217k | €172k | €720k | ▲ 320% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €0 | €-8k | - |
| Change in cash | - | €30k | €84k | €-76k | €135k | ▲ 276% |
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
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €715k ▲329%
Operating result €706k, net result €715k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 20.48
Current ratio from 4.59 to 20.48; short-term debt falls from €442k to €106k.
31-12
Financial
Equity above €2MEq €2.08M ▲30.5%
7 profitable years in a row build equity to €2.08M.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 142 days late
2021
31-12
Financial
Equity above €1MEq €1.21M ▲34.7%
4 profitable years in a row build equity to €1.21M.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 131 days late
2019
31-12
Financial
Weakest financial yearnet €84k ▼76.6%
Net result drops to €84k, the lowest in the series; recovery starts the following year.
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 111 days late
Show earlier events
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2010
Ground area
2,937 m²
Building footprint
2,012 m²
Volume, LiDAR
51,458 m³
Parcel 11808H1182/00F018, Flanders · tallest building 41.6 m, ±10 floors. Linked by address, not a title deed.
124
companies at this address
See who is registered here
1 establishment unit
LEVEL DIAMONDS BVBA
since 20102.188.194.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1182/00F018 | Flanders | 2,937 m² | 1 · 2,012 m² | 41.6 m · 10 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.
Similar companies · same sector, comparable size
Dia - Veer
BE 0446.886.423
Antwerpen · Eq €2.08M
N. SHAH EN CO
BE 0423.306.119
Antwerpen · Eq €2.07M
LEVUMA
BE 0665.916.480
Antwerpen · Eq €2.06M
SHAH IMEXPORT
BE 0436.310.354
Antwerpen · Eq €2.05M
KEDIAM
BE 0449.043.286
Antwerpen · Eq €2.10M
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 446 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
Founded19-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
Scores and ratios are computed by Checked and are not a credit decision.