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LEVEL UP EDU

Active
Non-profit associationfounded 2016active for 10 yearsAuguste Hainautstraat 10-12, 1090 Jette, BelgiumKBO/BCE: BE 0645.923.394
Summary

The latest annual accounts of LEVEL UP EDU were filed more than 90 days after the deadline. The 2020 annual accounts show equity of €321 and a net result of -€6,049. Its solvency ranks better than 19% of 1,492 sector peers (NACE 85, financial year 2020). The association has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

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LEVEL UP EDUActive
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Overview

Activity
Other education
NACE 85599
1 site
Size
≈ €260,000turnover 2020, estimated
Staff
2.7 FTE
Equity
€321
Deficit
-€6,049
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
0.3%
2020 figures too old to score
Structure
2020 accounts filed 149 days late2 of 4 deeds summarised
Signalsraises riskFigures for financial year 2020 (filed 04-01-2022)1 change of registered office in 24 months2020 accounts filed 149 days latelowers riskLegal form: non-profit associationSector: Education (NACE 85)Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Filed more than 90 days late
Financial strength, FY 2020
Weak
Solvency 26
equity 0.6% of total assets
Liquidity 50
short-term debt 94.1% · cash 47.5%
Profitability 7
return on assets -12.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,818 companies, NACE 85, micro)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.4%● unchanged vs 11-2024highest value 01-2025: 0.2%▼ -0.2 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.4%▲ +0.2 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
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Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Figures for financial year 2020 (filed 04-01-2022)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 2020 accounts filed 149 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-12-2021, 149 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2020
149 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2020 accounts 149 days after the deadline; the sector median (NACE 85) for financial year 2020 is 13 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Artak Harutyunyan (director) and Hasmik…Board rule · Purpose change…
  2. Resignation: Narek Harutyunyan (director)Appointment: Artak Harutyunyan (managing director)…
  3. Annual accounts filedfinancial year 2020 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 149 days View
  • Caution: Among the weakest 19% on equitysector median €36,457 · 1,499 companies €321 View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2020
Total assets
€49,433
Loss
-€6,049
Solvency
0.6%
Go to Financials

Company details

Sites
1
Legal form
Non-profit association
Activity
Other educationNACE 85599
Founded
13-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about LEVEL UP EDU

What is the company number of LEVEL UP EDU?
0645.923.394. In Belgium the VAT number is the company number with BE in front: BE 0645.923.394.
Where is LEVEL UP EDU based?
The registered office is at Auguste Hainautstraat 10-12, 1090 Jette.Company details
What does LEVEL UP EDU do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of LEVEL UP EDU?
Non-profit association (VZW).
When was LEVEL UP EDU founded?
On 13-01-2016.
Is LEVEL UP EDU still active?
Yes, LEVEL UP EDU is an active enterprise in the KBO register.
How many employees does LEVEL UP EDU have?
On average 2.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of LEVEL UP EDU?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LEVEL UP EDU profitable?
In financial year 2020, LEVEL UP EDU made a loss of €6,049.
Where can I find the annual accounts of LEVEL UP EDU?
LEVEL UP EDU filed 1 annual account with the National Bank of Belgium, for financial year 2020.

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