Level V
Open bankruptcyA bankruptcy procedure is open for Level V according to publications in the Belgian State Gazette; curator: KJELL SWARTELE.
Summary
The file additionally contains 1 judicial reorganisation. The 2023 annual accounts show equity of €1.1m and a net result of -€5,064.
Are you a creditor?
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 3 September 2024
- Supervising judge
- Geert De Greef
- Official Gazette
- 07-10-2024 (pdf) ↗search the document for 2024/137706
Curator
- Kjell SwarteleAnselmostraat 2, 2018 Antwerpen 1kjell.swartele@vanhoucke-law.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
This company filed its last 5 accounts on average 64 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema, statutory accounts
Click a name to add, emphasise or remove a line.
- 2019 Net result +18,332% on 2018. Cause not known from the registers.
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | - | - | - | €12,432 | €2,204 | ▼ 82.3% |
| Services and other goods61 | - | - | - | €11,463 | €1,755 | ▼ 84.7% |
| Other operating charges640/8 | - | - | - | €969 | €449 | ▼ 53.7% |
| Operating profit (loss)9901 | €43,956 | €104,606 | €2,070 | -€12,432 | -€2,204 | ▲ 82.3% |
| Financial income75/76B | - | - | - | €790,000 | - | - |
| Recurring financial income75 | - | €1.0m | - | €790,000 | - | - |
| Income from financial fixed assets750 | - | - | - | €790,000 | - | - |
| Financial charges65/66B | - | - | - | €12,242 | €2,860 | ▼ 76.6% |
| Recurring financial charges65 | €37,988 | €28,750 | €29,707 | €12,242 | €2,860 | ▼ 76.6% |
| Debt charges650 | €37,543 | €28,301 | €29,052 | €11,769 | €2,860 | ▼ 75.7% |
| Other financial charges652/9 | - | - | - | €473 | - | - |
| Profit (loss) for the period before taxes9903 | €5,968 | €1.1m | -€27,637 | €765,326 | -€5,064 | ▼ 101% |
| Income taxes67/77 | - | €15,838 | - | - | - | - |
| Profit (loss) for the period9904 | €5,968 | €1.1m | -€27,637 | €765,326 | -€5,064 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €5,968 | €1.1m | -€27,637 | €765,326 | -€5,064 | ▼ 101% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €4.1m | €4.0m | €4.0m | €4.0m | ▲ 0.1% |
| Fixed assets21/28 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Financial fixed assets28 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Affiliated companies280/1 | - | - | - | €4.0m | €4.0m | = |
| Participating interests280 | - | - | - | €4.0m | €4.0m | = |
| Current assets29/58 | €95,084 | €139,085 | €2,398 | €1,256 | €4,282 | ▲ 241% |
| Amounts receivable within one year40/41 | €92,558 | €122,645 | €672 | €632 | €39 | ▼ 93.8% |
| Other amounts receivable41 | - | - | - | €632 | €39 | ▼ 93.8% |
| Cash at bank and in hand54/58 | €2,294 | €3,708 | €1,467 | €491 | €4,200 | ▲ 755% |
| Deferred charges and accrued income490/1 | - | - | - | €133 | €43 | ▼ 67.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €4.1m | €4.0m | €4.0m | €4.0m | ▲ 0.1% |
| Equity10/15 | €772,975 | €872,993 | €845,356 | €1.1m | €1.1m | ▼ 0.5% |
| Contributions10/11 | €800,000 | €800,000 | €800,000 | €800,000 | €800,000 | = |
| Capital10 | - | - | - | €800,000 | €800,000 | = |
| Issued capital100 | - | - | - | €800,000 | €800,000 | = |
| Reserves13 | - | €55,001 | €55,001 | €80,000 | €80,000 | = |
| Non-distributable reserves130/1 | - | - | - | €80,000 | €80,000 | = |
| Legal reserve130 | - | - | - | €80,000 | €80,000 | = |
| Profit (loss) carried forward14 | -€27,025 | €17,992 | -€9,645 | €179,682 | €174,618 | ▼ 2.8% |
| Amounts payable17/49 | €3.3m | €3.3m | €3.2m | €2.9m | €2.9m | ▲ 0.3% |
| Amounts payable after more than one year17 | €1.3m | €774,807 | €366,996 | - | - | - |
| Amounts payable within one year42/48 | €2.0m | €2.5m | €2.8m | €2.9m | €2.9m | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €366,996 | - | - |
| Trade debts44 | €78,289 | €54,748 | €3,618 | €3,642 | €52 | ▼ 98.6% |
| Suppliers440/4 | - | - | - | €3,642 | €52 | ▼ 98.6% |
| Other amounts payable47/48 | - | - | - | €2.6m | €2.9m | ▲ 14.9% |
| Accrued charges and deferred income492/3 | - | - | - | €3,936 | €612 | ▼ 84.5% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,968 | €1.1m | -€27,637 | €765,326 | -€5,064 | ▼ 101% |
| Operating cash flow (approximation) | €5,968 | €1.1m | -€27,637 | €765,326 | -€5,064 | ▼ 101% |
| Investment in fixed assets (approximation) | - | €0 | - | €0 | €0 | - |
| Change in cash | - | €1,414 | - | -€976 | €3,709 | ▲ 480% |
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
Show earlier events
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0289/00S000 | Flanders | 1.0 ha | 1 · 1,060 m² | 22.7 m · 7 fl. |
| 11031C0327/00K000 | Flanders | 5,907 m² | 1 · 2,194 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
03-09-2024 → present |
Structure & network
Owners and holdings
1 owner · 1 holding · 6 subsidiaries in the treeChain of control
- Heroik
- Level V
Highest known parent: Heroik. The sources do not say who stands above it.
Owners 1
- Heroikparent100%
Holdings 1
-
100%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
BCD HOLDING 100%5 subsidiaries
- GMCS NL BVNL 100%
- GM Webstore 99.9%
- GM Company Stores Belgie 99.87%
- DNA IT Systems 99.6%
- P.B. PROJECTS 99.2%
According to the annual accounts to 31-03-2023 of Level V and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.