LEVEL NEXT
ActiveSummary
LEVEL NEXT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €368,361 and a net result of €15,126. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 8103 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability36▲+4
Solvency57▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.18 in 2023; short-term debt: 67.8% and cash: 12.6% of total assets), and 67.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
35 d early
2022
3 d early
2021
1 d early
2020
1 d early
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€368,361▼ 7.7%
2023 · €399,264
Total assets
€1.1m▼ 47.1%
2023 · €2.2m
Net result
€15,126▲ 131%
2023 · €6,543
Working capital
€346,023▲ 6.1%
2023 · €326,007
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
Line20202021202220232024
Operating result€108,168▲ 48.0%€127,285▲ 17.7%€172,084▲ 35.2%€191,423▲ 11.2%€88,512▼ 53.8%
Net result€67,890▲ 68.3%€78,332▲ 15.4%€106,918▲ 36.5%€6,543▼ 93.9%€15,126▲ 131%
Equity€209,773▲ 47.8%€288,105▲ 37.3%€395,023▲ 37.1%€399,264▲ 1.1%€368,361▼ 7.7%
Total assets€637,494▼ 37.6%€2.0m▲ 221%€2.6m▲ 28.9%€2.2m▼ 17.9%€1.1m▼ 47.1%
Debt€427,721▼ 51.4%€1.8m▲ 311%€2.2m▲ 27.5%€1.8m▼ 21.3%€776,549▼ 56.0%
Working capital€172,880▲ 19.4%€125,102▼ 27.6%€360,410▲ 188%€326,007▼ 9.5%€346,023▲ 6.1%
Staff (FTE)1.21.5▲ 25.0%2.3▲ 53.3%2.1▼ 8.7%2.8▲ 33.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Net result -94% on 2022. Cause not known from the registers.
- 2021 Total assets +221% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 54% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€22,949 ▼ 68.7%
Current assets
€1.1m ▼ 46.3%
Equity and liabilities €1.1m
Equity
€368,361 ▼ 7.7%
Debt
€776,549 ▼ 56.0%
Debt's share of the balance-sheet total falls from 81.5% to 67.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€101,621▼
2023 · €209,318
Cash flow
€28,234▲
2023 · €24,438
Current ratio
1.45▲
2023 · 1.18
Debt to equity
2.11▼
2023 · 4.42
ROE
4.1%▲
2023 · 1.6%
ROA
1.3%▲
2023 · 0.3%
Interest coverage
1.84▲
2023 · 1.54
Debt ≤ 1 year
€775,938▼
2023 · €1.8m
Income taxes
€30,968▼
2023 · €54,144
Staff costs
€175,608▲
2023 · €137,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,052 | €0 | €58,770 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €73,672 | €115,304 | €137,984 | €175,608 | ▲ 27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,722 | €10,842 | €6,266 | €17,894 | €13,108 | ▼ 26.7% |
| Other operating charges640/8 | - | €67,881 | €2,808 | €3,743 | €2,310 | ▼ 38.3% |
| Non-recurring operating charges66A | - | - | - | - | €3,396 | - |
| Gross operating margin9900 | €163,401 | €279,679 | €296,463 | €351,046 | €282,935 | ▼ 19.4% |
| Operating profit (loss)9901 | €108,168 | €127,285 | €172,084 | €191,423 | €88,512 | ▼ 53.8% |
| Financial income75/76B | - | €20 | €603 | €5,479 | €12,862 | ▲ 135% |
| Recurring financial income75 | €0 | €20 | €603 | €5,479 | €12,862 | ▲ 135% |
| Financial charges65/66B | - | €5,697 | €9,900 | €136,216 | €55,280 | ▼ 59.4% |
| Recurring financial charges65 | €3,252 | €5,697 | €9,900 | €136,216 | €55,280 | ▼ 59.4% |
| Profit (loss) for the period before taxes9903 | €104,916 | €121,607 | €162,787 | €60,687 | €46,094 | ▼ 24.0% |
| Income taxes67/77 | €37,026 | €43,275 | €55,869 | €54,144 | €30,968 | ▼ 42.8% |
| Profit (loss) for the period9904 | €67,890 | €78,332 | €106,918 | €6,543 | €15,126 | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €67,890 | €78,332 | €106,918 | €6,543 | €15,126 | ▲ 131% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €637,494 | €2.0m | €2.6m | €2.2m | €1.1m | ▼ 47.1% |
| Fixed assets21/28 | €40,064 | €695,969 | €38,013 | €73,257 | €22,949 | ▼ 68.7% |
| Tangible fixed assets22/27 | €25,439 | €681,344 | €23,388 | €73,257 | €22,949 | ▼ 68.7% |
| Land and buildings22 | - | €653,936 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €6,521 | €6,790 | €4,891 | €3,005 | ▼ 38.6% |
| Furniture and vehicles24 | - | €20,887 | €16,598 | €68,366 | €19,944 | ▼ 70.8% |
| Financial fixed assets28 | €14,625 | €14,625 | €14,625 | €0 | - | - |
| Current assets29/58 | €597,430 | €1.3m | €2.6m | €2.1m | €1.1m | ▼ 46.3% |
| Amounts receivable within one year40/41 | €27,823 | €55,720 | €130,450 | €235,822 | €384,866 | ▲ 63.2% |
| Trade receivables40 | - | €51,360 | €130,450 | €121,197 | €199,907 | ▲ 64.9% |
| Other amounts receivable41 | - | €4,360 | €0 | €114,625 | €184,959 | ▲ 61.4% |
| Current investments50/53 | €175,332 | €175,332 | €175,332 | €474,888 | €220,711 | ▼ 53.5% |
| Cash at bank and in hand54/58 | €265,899 | €187,618 | €1.3m | €68,229 | €143,837 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | €930,289 | €1.0m | €1.3m | €372,548 | ▼ 71.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €637,494 | €2.0m | €2.6m | €2.2m | €1.1m | ▼ 47.1% |
| Equity10/15 | €209,773 | €288,105 | €395,023 | €399,264 | €368,361 | ▼ 7.7% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €191,223 | €269,555 | €376,473 | €380,714 | €349,811 | ▼ 8.1% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Distributable reserves133 | - | €267,700 | €374,618 | €378,859 | €349,811 | ▼ 7.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €427,721 | €1.8m | €2.2m | €1.8m | €776,549 | ▼ 56.0% |
| Amounts payable after more than one year17 | - | €529,867 | €0 | - | - | - |
| Financial debts170/4 | - | €529,867 | €0 | - | - | - |
| Amounts payable within one year42/48 | €424,550 | €1.2m | €2.2m | €1.8m | €775,938 | ▼ 56.0% |
| Current portion of amounts payable after more than one year42 | - | €57,785 | €0 | - | - | - |
| Financial debts43 | - | - | - | €282 | €20 | ▼ 92.9% |
| Credit institutions430/8 | - | - | - | €282 | €20 | ▼ 92.9% |
| Trade debts44 | €281,192 | €1.0m | €2.1m | €1.7m | €713,084 | ▼ 58.0% |
| Suppliers440/4 | - | €1.0m | €2.1m | €1.7m | €713,084 | ▼ 58.0% |
| Taxes, remuneration and social security45 | - | €44,703 | €83,879 | €61,871 | €62,170 | ▲ 0.5% |
| Taxes450/3 | - | €30,301 | €58,900 | €40,119 | €40,190 | ▲ 0.2% |
| Remuneration and social security454/9 | - | €14,402 | €24,980 | €21,753 | €21,980 | ▲ 1.0% |
| Other amounts payable47/48 | - | €79,568 | €87,080 | €3,489 | €664 | ▼ 81.0% |
| Accrued charges and deferred income492/3 | - | €3,099 | €3,400 | €0 | €611 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,890 | €78,332 | €106,918 | €6,543 | €15,126 | ▲ 131% |
| + Depreciation and write-downs630 | €2,722 | €10,842 | €6,266 | €17,894 | €13,108 | ▼ 26.7% |
| Operating cash flow (approximation) | €70,612 | €89,174 | €113,184 | €24,438 | €28,234 | ▲ 15.5% |
| Investment in fixed assets (approximation) | - | -€666,747 | €651,689 | -€53,139 | €37,200 | ▲ 170% |
| Change in cash | - | -€78,280 | €1.1m | -€1.2m | €75,608 | ▲ 106% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €6,543 ▼93.9%
Net result drops to €6,543, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €106,918 ▲36.5%
Net result €106,918, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €209,773 ▲47.8%
3 profitable years in a row build equity to €209,773.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Show earlier events
2016
20-10
State Gazette act
Board meeting · Director resignation
General meeting · Director reappointment
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2014
08-07
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
Financial milestoneState Gazette actNBB 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, Kraainem · 1 establishment unit since 2012
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
Concellent
since 20122.206.932.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 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.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,887 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
Founded30-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843365411
Also
9925:BE0843365411
Registered
17-11-2023
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.