Active BE 0793.580.556Private limited company

LEVEL UP SCHAFF

Meusegemstraat 62 ·1861 Meise, Belgium· 3 yrs active

Sector: General electrical installation work (43211)

Conclusion Checked

The computed 12-month bankruptcy probability of LEVEL UP SCHAFF is 2.9% (moderate). The 2024 annual accounts show equity of €7k and a net result of €40k. Its solvency ranks better than 17% of 36382 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€7k
Net result	€40k
Better than sector	17%
Active	3 yrs

Financial profile 5 of 5 axes measured · computed by Checked

62 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 48

Profitability 100

Solvency 9

Growth 58

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.9% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

48 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€500

estimate, not credit advice

Score history

45 2023

48 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.32 (< 1.0) -10

Quick ratio Quick ratio 0.32 (< 0.6) -5

Leverage Debt/equity 6.38 (> 3.0) -10

Profitability ROE 586% (≥ 10%) +10

Interest coverage Interest coverage 502.2× (≥ 3×) +8

Profit trend Net profit up YoY +5

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · micro schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	13.5%	46.6%	better than 17% of 36382 sector peers
Net result	€40k	€9k	better than 83% of 36350 sector peers
Equity	€7k	€58k	better than 14% of 36399 sector peers
Gross operating margin	€62k	€38k	better than 64% of 36319 sector peers
Total assets	€51k	€140k	better than 19% of 36385 sector peers

Revenue

€8k

- 23-24

EBITDA

€57k

- 23-24

Net profit

€40k

- 23-24

Cash flow

€54k

- 23-24

Total assets

€51k

-1.3% 23-24

Equity

€7k

-84.6% 23-24

Working capital

€-30k

- 23-24

Income taxes

€2k

- 23-24

Debt

€44k

+554.1% 23-24

Debt ≤ 1y

€44k

+554.1% 23-24

Current ratio

0.32

-91.2% 23-24

Quick ratio

0.32

-91.2% 23-24

Solvency

13.5%

-84.4% 23-24

Debt / equity

6.38

+4155.8% 23-24

ROE

586.1%

- 23-24

ROA

79.4%

- 23-24

Net margin

-418.0%

- 23-24

EBITDA margin

-317.3%

- 23-24

Interest coverage

502.23

- 23-24

Figures by fiscal year and ratios

Change versus the prior fiscal year, coloured by direction (green = favourable).

Fiscal year	2024 Δ	2023 Δ
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	-	-
Net profit	-	-
Cash flow	-	-
Staff costs	-	-
Income taxes	-	-
Dividends	-	-
Total assets	-1.3%	-
Equity	-84.6%	-
Debt	+554.1%	-
of which ≤ 1y	+554.1%	-
of which > 1y	-	-
Working capital	-	-
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	0.32	3.63
Quick ratio	0.32	3.63
Working capital ratio	-59.0%	34.3%
Solvency	13.5%	87.0%
Debt / equity	6.38	0.15
Long-term debt ratio	-	-
Interest coverage	502.23	-363.89
Gross margin	-	-
Net margin	-	-418.0%
ROA	79.4%	-68.9%
ROE	586.1%	-79.2%
EBITDA margin	-	-317.3%
Days sales outstanding	-	220d
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €37k · 72.6% Current assets €14k · 27.5%

Equity & liabilities

Equity €7k · 13.5% Debt €44k · 86.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€51k	€51k
Fixed assets	21/28	€37k	€27k
Tangible fixed assets	22/27	€37k	€27k
Current assets	29/58	€14k	€24k
Amounts receivable within one year	40/41	€9k	€5k
Cash & bank	54/58	€5k	€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€51k	€51k
Equity	10/15	€7k	€45k
Contributions / capital	10/11	€2k	€80k
Accumulated profits (losses)	14	€5k	€-35k
Amounts payable	17/49	€44k	€7k
Amounts payable within one year	42/48	€44k	€7k
Trade debts payable within one year	44	€3k	€715
Income statement
Turnover	70	-	€8k
Gross operating margin	9900	€62k	€-26k
Operating result	9901	€43k	€-35k
Financial income	75	€1	€15
Financial charges	65	€113	€74
Result before taxes	9903	€43k	€-35k
Income taxes	67/77	€2k	-
Net result for the period	9904	€40k	€-35k
Result to be appropriated	9905	€40k	€-35k

Directors & mandates 1 directors

Former directors (1)

El Ayadi Amine
Director
State Gazette act 24140627 (30-09-2024)

Former
- → 01-01-2024

Legal Structure

NACE primary	General electrical installation work(43211)
Legal form	Private limited company(610)
Incorporation	15-11-2022
Status	Active
Postal code	1861

Establishment units 1 location

LEVEL UP SCHAFF

Meusegemstraat 62, 1861 MeiseGeneral electrical installation work

since 20222.338.314.365

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23093E0193/00T002	Flanders	602 m²	1 · 148 m²	10.3 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

All 4Financial 1Gazette 1Filings 2

2025

22-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 22 days late

2024

31-12

Financial Back to profitnet €40k

Net result €40k after one loss-making year.

30-09

State Gazette act Capital & shares

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

30-09-2024

Capital change

All acts · 1 updated 1 year ago

2024

30-09-2024 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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  "bedrijfsrevisor": null,
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    "kbo": "0793.580.556",
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

General electrical installation work43211Other specialised construction activities43990Specialised construction activities43999IT consultancy62020Computer programming, consultancy and related activities62030Computer consultancy and computer facilities management62200Business and other management consultancy70200

Names & trade names

Legal nameNL	LEVEL UP SCHAFF
AbbreviationNL	LEVEL UP

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