LEVELL CONCEPT
ActiveLEVELL CONCEPT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393k and a net result of €30k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
94
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-2
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.07 against 5.36 in 2024), and 11.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.3%
Return on assets
6.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €393k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
6 d early
2022
42 d late
2021
26 d early
2020
26 d late
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€30k▲ 3.0%
2024 · €29k
2018: €45k
2019: €10k
2020: €3k
2021: €30k
2022: €30k
2023: €4k
2024: €29k
2018 → 2025
Working capital
€369k▲ 5.5%
2024 · €350k
2018: €608k
2019: €226k
2020: €284k
2021: €333k
2022: €163k
2023: €187k
2024: €350k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€501k-€338k▼ 32.4%€342k▲ 1.1%€362k▲ 6.0%€393k▲ 8.4%
Operating result€42k-€43k▲ 3.0%€10k▼ 77.2%€44k▲ 349%€42k▼ 4.0%
Net result€30k-€30k▼ 2.8%€4k▼ 87.9%€29k▲ 724%€30k▲ 3.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets
€24k▼ 14.7%
Current assets
€421k▼ 2.0%
Equity and liabilities €445k
Equity
€393k▲ 8.4%
Provisions
€0▼ 100%
Debt
€52k▼ 35.0%
The debt ratio falls from 17.5% to 11.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€53k▼
2024 · €54k
Cash flow
€41k▲
2024 · €40k
Solvency
88.3%▲
2024 · 79.2%
Current ratio
8.07▲
2024 · 5.36
Quick ratio
8.07▲
2024 · 5.36
Debt / equity
0.13▼
2024 · 0.22
ROE
7.7%▼
2024 · 8.1%
ROA
6.8%▲
2024 · 6.4%
Interest coverage
13.59▲
2024 · 10.39
Debt
€52k▼
2024 · €80k
Debt ≤ 1 year
€52k▼
2024 · €80k
Income taxes
€15k▲
2024 · €10k
Staff costs
€54k▼
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€457k€445k▼
Fixed assets21/28€28k€24k▼
Tangible fixed assets22/27€28k€24k▼
Land and buildings22€0-
Furniture and vehicles24€28k€24k▼
Financial fixed assets28€0-
Current assets29/58€430k€421k▼
Amounts receivable within one year40/41€37k€315k▲
Trade receivables40€31k€304k▲
Other amounts receivable41€6k€11k▲
Cash at bank and in hand54/58€386k€93k▼
Deferred charges and accrued income490/1€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€457k€445k▼
Equity10/15€362k€393k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€299k€330k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€293k€323k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€15k€0▼
Provisions for liabilities and charges160/5€15k€0▼
Other liabilities and charges164/5€15k€0▼
Amounts payable17/49€80k€52k▼
Amounts payable within one year42/48€80k€52k▼
Trade debts44€34k€27k▼
Suppliers440/4€34k€27k▼
Advances received on contracts in progress46€32k€0▼
Taxes, remuneration and social security45€4k€25k▲
Taxes450/3€261€22k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€9k€241▼
Income statement
Code20242025
Non-recurring operating income76A€387k€0▼
Remuneration, social security and pensions62€60k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€15k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-15k
Other operating charges640/8€10k€6k▼
Gross operating margin9900€124k€112k▼
Operating profit (loss)9901€44k€42k▼
Financial income75/76B€875€7k▲
Recurring financial income75€875€7k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€40k€45k▲
Income taxes67/77€10k€15k▲
Profit (loss) for the period9904€29k€30k▲
Profit (loss) for the period to be appropriated9905€29k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€30k▲
Transfer from equity791/2€9k€0▼
Transfer to equity691/2€29k€30k▲
To other reserves6921€29k€30k▲
Profit to be distributed694/7€9k€0▼
Return on contributions (dividend)694€9k€0▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.36
Current ratio from 2.34 to 5.36; short-term debt falls from €139k to €80k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 42 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.83 to 4.64; short-term debt falls from €343k to €92k.
31-12
Financial
Equity above €500kEq €501k ▲6.5%
4 profitable years in a row build equity to €501k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €3k ▼67.4%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terhulpsesteenweg 1811170 Watermaal-BosvoordeGround area
7,508 m²
Building footprint
1,001 m²
Volume, LiDAR
31,433 m³
Parcel 21652E0041/00D002, Brussels · tallest building 37.2 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
LEVELL CONCEPT
since 20112.197.776.708
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0041/00D002 | Brussels | 7,508 m² | 1 · 1,001 m² | 37.2 m · 11 fl. |
Linked by address, not proof of ownership
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 10,037 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-02-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:julie@levell.be