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Level Kay

Active
Private limited companyfounded 20242 yrs activeGentsesteenweg 133, 9230 Wetteren, BelgiumKBO/BCE: BE 1010.050.805
Summary

Level Kay has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €18k. Its solvency ranks better than 47% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency72▲+22
Growth78
Track record82
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.05 in 2024; short-term debt: 33% and cash: 41.1% of total assets), but 53.3% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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 2025
Solvency, return and age of the figures
Solvency
46.7%
Return on assets
34.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 2 filings
Deviation from the deadline
2025
6 d late
2024
1 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€25k▲ 285%
2024 · €6k
2024: €6k 2025: €25k▲ +285% vs 2024
2024 → 2025
Total assets
€53k▲ 107%
2024 · €26k
2024: €26k 2025: €53k▲ +107% vs 2024
2024 → 2025
Net result
€18k▲ 653%
2024 · €2k
2024: €2k 2025: €18k▲ +653% vs 2024
2024 → 2025
Working capital
€14k▲ 1,335%
2024 · €970
2024: €970 2025: €14k▲ +1335% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€6k-€25k▲ 285% 2024: €6k 2025: €25k▲ +285% vs 2024
Operating result€4k-€25k▲ 597% 2024: €4k 2025: €25k▲ +597% vs 2024
Net result€2k-€18k▲ 653% 2024: €2k 2025: €18k▲ +653% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2024: €4k€4kNet result 2024: €2k€2kOperating result 2025: €25k€25kNet result 2025: €18k€18k20242025€0€10k€20kOperating result 2024: €4k€3.6kNet result 2024: €2k€2.4kOperating result 2025: €25k€25kNet result 2025: €18k€18k20242025
The operating result rises in 2025; 2025 is 597% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets €22k ▲ 296%
Current assets €31k ▲ 56.0%
Equity and liabilities €53k
Equity €25k ▲ 285%
Debt €28k ▲ 47.5%
Debt's share of the balance-sheet total falls from 74.9% to 53.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28k▲
2024 · €4k
Cash flow
€21k▲
2024 · €3k
Current ratio
1.79▲
2024 · 1.05
Debt to equity
1.14▼
2024 · 2.98
ROE
74.0%▲
2024 · 37.9%
ROA
34.5%▲
2024 · 9.5%
Interest coverage
81.21▲
2024 · 50.31
Debt ≤ 1 year
€18k▼
2024 · €19k
Debt > 1 year
€11k
Income taxes
€6k▲
2024 · €1k
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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€26k€53k▲
Fixed assets21/28€5k€22k▲
Tangible fixed assets22/27€5k€22k▲
Plant, machinery and equipment23€1k€558▼
Furniture and vehicles24€4k€21k▲
Current assets29/58€20k€31k▲
Amounts receivable within one year40/41-€10k
Trade receivables40-€10k
Cash at bank and in hand54/58€20k€22k▲
Equity and liabilities
Total equity and liabilities10/49€26k€53k▲
Equity10/15€6k€25k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€2k€21k▲
Amounts payable17/49€19k€28k▲
Amounts payable after more than one year17-€11k
Financial debts170/4-€11k
Amounts payable within one year42/48€19k€18k▼
Current portion of amounts payable after more than one year42-€4k
Trade debts44€4k€230▼
Suppliers440/4€4k€230▼
Taxes, remuneration and social security45€4k€12k▲
Taxes450/3€3k€12k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€10k€798▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€722€3k▲
Other operating charges640/8€1k€852▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€5k€33k▲
Operating profit (loss)9901€4k€25k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€85€342▲
Recurring financial charges65€85€342▲
Profit (loss) for the period before taxes9903€3k€24k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€2k€18k▲
Profit (loss) for the period to be appropriated9905€2k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€21k▲
Profit (loss) brought forward from the previous period14P-€2k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€722€3k▲ 305%
Other operating charges640/8€1k€852▼ 17.5%
Non-recurring operating charges66A-€4k-
Gross operating margin9900€5k€33k▲ 514%
Operating profit (loss)9901€4k€25k▲ 597%
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€85€342▲ 301%
Recurring financial charges65€85€342▲ 301%
Profit (loss) for the period before taxes9903€3k€24k▲ 604%
Income taxes67/77€1k€6k▲ 490%
Profit (loss) for the period9904€2k€18k▲ 653%
Profit (loss) for the period to be appropriated9905€2k€18k▲ 653%
Line20242025Change
Assets
Total assets20/58€26k€53k▲ 107%
Fixed assets21/28€5k€22k▲ 296%
Tangible fixed assets22/27€5k€22k▲ 296%
Plant, machinery and equipment23€1k€558▼ 44.6%
Furniture and vehicles24€4k€21k▲ 372%
Current assets29/58€20k€31k▲ 56.0%
Amounts receivable within one year40/41-€10k-
Trade receivables40-€10k-
Cash at bank and in hand54/58€20k€22k▲ 8.2%
Equity and liabilities
Total equity and liabilities10/49€26k€53k▲ 107%
Equity10/15€6k€25k▲ 285%
Contributions10/11€4k€4k=
Profit (loss) carried forward14€2k€21k▲ 753%
Amounts payable17/49€19k€28k▲ 47.5%
Amounts payable after more than one year17-€11k-
Financial debts170/4-€11k-
Amounts payable within one year42/48€19k€18k▼ 8.6%
Current portion of amounts payable after more than one year42-€4k-
Trade debts44€4k€230▼ 94.7%
Suppliers440/4€4k€230▼ 94.7%
Taxes, remuneration and social security45€4k€12k▲ 182%
Taxes450/3€3k€12k▲ 329%
Remuneration and social security454/9€2k--
Other amounts payable47/48€10k€798▼ 92.4%
Line20242025Change
Profit (loss) for the period9904€2k€18k▲ 653%
+ Depreciation and write-downs630€722€3k▲ 305%
Operating cash flow (approximation)€3k€21k▲ 573%
Investment in fixed assets (approximation)-€-19k-
Change in cash-€2k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wetteren · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
73 m²
Building footprint
52 m²
Parcel 42025G0206/00A004, Flanders. Linked by address, not a title deed.
1 establishment unit
Level Kay
Gentsesteenweg 133, 9230 WetterenFinishing of textiles
since 20242.360.154.807
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42025G0206/00A004 Flanders 73 m² 1 · 51 m² -
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.

Similar companies · same sector, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,135 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
Founded05-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.