Result
From profit to loss in 2023, after a profit of €765,326 in 2022.
Trustee: Kjell Swartele. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
From profit to loss in 2023, after a profit of €765,326 in 2022.
Of this, €2.9m falls due within a year.
Level V pays its suppliers 105 days earlier than in 2022.
Homini came to this address 112 days after the ruling.
Merger with BCD HOLDING. Merger on 21-12-2023.
On 3 September 2024 the court declared Level V bankrupt. Parent company Heroik went bankrupt the same day.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The company also filed consolidated accounts, with the figures of the whole group.
Turnover: not included in this filing.
| Line | Trend | 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 | |||||||
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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2023 | full format | 31-08-2023 | 2023-00419506 | |
| 31-03-2022 | full format | 16-08-2022 | 2022-20295290 | |
| 31-03-2021 | full format | 06-09-2021 | 2021-66700098 | |
| 30-09-2019 | consolidated | 10-03-2020 | 2020-06500546 | |
| 30-09-2019 | full format | 24-02-2020 | 2020-05700243 | |
| 30-09-2018 | consolidated | 26-02-2019 | 2019-06100063 | |
| 30-09-2018 | full format | 26-02-2019 | 2019-06100035 | |
| 30-09-2017 | full format | 27-02-2018 | 2018-06000484 | |
| 30-09-2017 | consolidated | 27-02-2018 | 2018-06000470 |
| Line | Trend | 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.
| 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)
| 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)
Level V heads a group. The consolidated accounts add up the company and its subsidiaries.
| Item | 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
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.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 31-03-2023 accounts of Heroik. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Part of the group Heroik Group, risk and exposure| GROUP S - SOCIAAL SECRETARIAAT, ERKEND SOCIAAL SECRETARIAAT VOOR WERKGEVERS
establishment since 11-05-1945 · founded in 1945 |
turnover €79.4m (2025) 0407.214.017 |
| GROUP S
establishment since 01-01-2025 · founded in 1995 |
655 FTE (2025) 0456.681.542 |
| Robert Half
establishment since 13-10-1992 · founded in 1990 |
793 FTE (2025) 0440.965.760 |
| GROUP S - SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN
establishment since 01-10-2010 · founded in 1967 |
47 FTE (2025) 0409.088.293 |
| P.B. PROJECTS
registered office since 16-11-1993 · founded in 1993 · group Heroik |
33 FTE (2023) 0451.190.253 |
| Robert Half Project Sourcing
establishment since 01-01-2024 · founded in 2022 |
32 FTE (2025) 0783.774.945 |
| GM Company Stores Belgie
registered office since 26-08-1992 · founded in 1992 · group Heroik |
36 FTE (2023) 0448.125.449 |
| AAPI
registered office since 18-10-2016 · founded in 2016 |
total assets €3.1m (2025) 0664.752.282 |
| Heroik
registered office since 19-06-2019 · founded in 2019 |
total assets €2.3m (2023) 0728.654.201 |
| GM Webstore
registered office since 08-04-2016 · founded in 2016 · group Heroik |
total assets €1.5m (2023) 0651.739.337 |
| GM Company Stores Belgie via Emvie, at Level V, last mentioned in 2020 · Director (not named in the articles) · deed of 31-08-2020 Open bankruptcy · founded in 1992 · group Heroik |
36 FTE (2023) |
| GM Webstore via Emvie, at Level V, last mentioned in 2020 · Director (not named in the articles) · deed of 31-08-2020 Open bankruptcy · founded in 2016 · group Heroik |
total assets €1.5m (2023) |
| Herocs via Emvie (at Level V, last mentioned in 2020) and Joshiki (at Level V, last mentioned in 2020) · Director (not named in the articles) · deed of 20-07-2020 Open bankruptcy · founded in 2020 · group Heroik |
total assets €170,124 (2023) |
| DNA IT Systems via Emvie, at Level V, last mentioned in 2020 · Director (not named in the articles) · deed of 31-08-2020 Open bankruptcy · founded in 1978 · group Heroik |
total assets €84,707 (2023) |
| Heroca via Emvie (at Level V, last mentioned in 2020) and Joshiki (at Level V, last mentioned in 2020) · Director (not named in the articles) · deed of 20-07-2020 Open bankruptcy · founded in 2020 · group Heroik |
total assets €75,417 (2023) |
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
This company merged into Level V on 21-12-2023.
| Name | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| BCD HOLDING | 100% | |||||
Source: list of holdings in its own accounts
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 17 February 2017, Level V was incorporated.1 BCD HOLDING was merged into the company in 2023.2 In 2024 the registered office moved to Berchem.3 The company was declared bankrupt on 3 September 2024.4
| Establishment | Since | Unit number |
|---|---|---|
| Roderveldlaan 4 registered office 2600 Antwerp | ||
| Ter Stratenweg 37 2520 Ranst 64210 Activities of holding companies | 17-02-2017 | 2.261.665.460 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11003A0289/00S000 | 1.0 ha | 1 · 1,060 m² | 22.7 m · 7 |
| 11031C0327/00K000 | 5,907 m² | 1 · 2,194 m² | 9.2 m · 2 |
If something looks wrong or is missing, please tell us.