Level V (0671.579.894), In bankruptcy: financials and annual accounts

Annual accounts 2023

full format, standalone accounts, filed on 31-08-2023, 61 days before the deadline

€1.1m

▼ 0.5%

-€2,204

▲ €10,228

-€5,064

▼ €770,390

-€2.9m

▼ €8,388

26.3%

▼ 0.1 percentage points

0.00

▲ 0.00

The company also filed consolidated accounts, with the figures of the whole group.

Turnover: not included in this filing.

Balance sheet

balance sheet total €4.0m on 31-03-2023

What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2023	2022	2021	2019	2018	2017
Balance sheet: assets
`20/58`	4.0m	4.0m	4.0m	4.1m	4.1m	4.1m
`21/28`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m
`28`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m
`280/1`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m
`280`	4.0m	4.0m	4.0m	4.0m	4.0m	4.0m
`29/58`	4,282	1,256	2,398	139,085	95,084	106,222
`40/41`	39	632	672	122,645	92,558	95,390
`40`	-	-	-	82,645	84,173	86,208
`41`	39	632	672	40,000	8,385	9,182
`54/58`	4,200	491	1,467	3,708	2,294	10,832
`490/1`	43	133	259	12,732	232	-
Balance sheet: equity and liabilities
`10/49`	4.0m	4.0m	4.0m	4.1m	4.1m	4.1m
`10/15`	1.1m	1.1m	845,356	872,993	772,975	767,007
`10/11`	800,000	800,000	800,000	800,000	800,000	800,000
`10`	800,000	800,000	-	-	-	-
`100`	800,000	800,000	800,000	800,000	800,000	800,000
`13`	80,000	80,000	55,001	55,001	-	-
`130/1`	80,000	80,000	55,001	-	-	-
`130`	80,000	80,000	55,001	55,001	-	-
`14`	174,618	179,682	-9,645	17,992	-27,025	-32,993
`17/49`	2.9m	2.9m	3.2m	3.3m	3.3m	3.3m
`17`	-	-	366,996	774,807	1.3m	1.8m
`170/4`	-	-	366,996	774,807	1.3m	1.8m
`173`	-	-	366,996	774,807	1.3m	1.8m
`42/48`	2.9m	2.9m	2.8m	2.5m	2.0m	1.5m
`42`	-	366,996	542,420	535,276	525,921	516,679
`44`	52	3,642	3,618	54,748	78,289	85,724
`440/4`	52	3,642	3,618	54,748	78,289	85,724
`45`	-	-	-	22,922	-	-
`450/3`	-	-	-	22,922	-	-
`47/48`	2.9m	2.6m	2.2m	1.9m	1.4m	890,000
`492/3`	612	3,936	1,008	4,164	7,816	10,808
Income statement
`70/76A`	-	-	124,947	887,584	879,060	522,806
`60/66A`	2,204	12,432	122,877	782,978	835,104	527,224
`61`	1,755	11,463	121,909	782,012	834,660	495,892
`640/8`	449	969	968	966	444	348
`66A`	-	-	-	-	-	30,984
`9901`	-2,204	-12,432	2,070	104,606	43,956	-4,418
`75/76B`	-	790,000	-	1.0m	-	-
`75`	-	790,000	-	1.0m	-	-
`750`	-	790,000	-	1.0m	-	-
`65/66B`	2,860	12,242	29,707	28,750	37,988	28,575
`65`	2,860	12,242	29,707	28,750	37,988	28,575
`650`	2,860	11,769	29,052	28,301	37,543	27,175
`652/9`	-	473	655	449	445	1,400
`9903`	-5,064	765,326	-27,637	1.1m	5,968	-32,993
`67/77`	-	-	-	15,838	-	-
`670/3`	-	-	-	15,838	-	-
`9904`	-5,064	765,326	-27,637	1.1m	5,968	-32,993
`9905`	-5,064	765,326	-27,637	1.1m	5,968	-32,993
Appropriation of the result
`9906`	174,618	755,681	-9,645	1.1m	-27,025	-32,993
`14P`	179,682	-9,645	-	-	-	-
`691/2`	-	24,999	-	55,001	-	-
`6920`	-	24,999	-	55,001	-	-
`694/7`	-	551,000	-	1.0m	-	-
`694`	-	551,000	-	1.0m	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 31-08-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2023	full format	31-08-2023	2023-00419506	PDF
31-03-2022	full format	16-08-2022	2022-20295290	PDF
31-03-2021	full format	06-09-2021	2021-66700098	PDF
30-09-2019	consolidated	10-03-2020	2020-06500546	PDF
30-09-2019	full format	24-02-2020	2020-05700243	PDF
30-09-2018	consolidated	26-02-2019	2019-06100063	PDF
30-09-2018	full format	26-02-2019	2019-06100035	PDF
30-09-2017	full format	27-02-2018	2018-06000484	PDF
30-09-2017	consolidated	27-02-2018	2018-06000470	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2023	2022	2021	2019	2018	2017
-	-	-	-	-	4.0m
3,709	-976	-	1,414	-8,538	-
-2.9m	-2.9m	-2.8m	-2.3m	-1.9m	-1.4m
26.3%	26.5%	21.1%	21.1%	18.9%	18.7%
0.00	0.00	0.00	0.06	0.05	0.07
2.80	2.78	3.73	3.74	4.30	4.35
-0.5%	72.2%	-3.3%	126.0%	0.8%	-4.3%
-0.1%	19.1%	-0.7%	26.6%	0.1%	-0.8%
11 days	116 days	11 days	26 days	34 days	63 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others

Item	31-03-2023	31-03-2022
Debts secured on the company's own assets	-	€366,996
Carrying value of the other pledged assets	€4.0m	€4.0m

Source: notes to the 2022 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Auditor

fees

Item	31-03-2023	31-03-2022
Fee for the audit	€3,353	€7,070

Source: notes to the 2022 to 2023 annual accounts (relations with the auditor)

Group figures

consolidated accounts

Level V heads a group. The consolidated accounts add up the company and its subsidiaries.

30-09-2019	30-09-2018	30-09-2017
€82.7m	€80.9m	€40.3m
€424,000	-€478,000	-€566,000
-€104,000	-€871,000	-€536,000
€1.9m	€3.0m	€3.9m
€21.8m	€25.4m	€27.2m

Source: 2017 to 2019 consolidated accounts

Insights on Level V

The operating result for 2023 is a loss of €2,204, smaller than the loss of €12,432 in 2022.

Debt's share of the balance-sheet total rises from 73.5% to 73.7%. Equity is lower and debt is higher.