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LEVEN CONSTRUCT

Inactive
KBO/BCE: BE 0735.877.335

LEVEN CONSTRUCT was declared bankrupt on 22-12-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian Official Gazette on 13-06-2025.

Summary

Inactive; last annual accounts for financial year 2022.

LEVEN CONSTRUCTInactive

Financials · financial year 2022, micro format

2022 annual accounts filed late (105 days) Filed on 16 May 2023, deadline 31 January 2023 (7 months after the close on 30 June 2022, Companies Code art. 3:10). Source: NBB, 2023-00092216.

Equity
€51,806▲ 7.4%
2021 · €48,223
Total assets
€180,221▼ 46.8%
2021 · €338,984
Net result
€3,583▼ 94.1%
2021 · €60,223
Working capital
€47,714▲ 13.3%
2021 · €42,126
Trend over the years

2021 to 2022, 2 financial years

The operating result falls in 2022; 2022 is 88% below 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,838 2022 Net result€3,583 2022

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20212022
Operating result€67,918-€7,838▼ 88.5%
Net result€60,223-€3,583▼ 94.1%
Equity€48,223-€51,806▲ 7.4%
Total assets€338,984-€180,221▼ 46.8%
Debt€290,761-€128,415▼ 55.8%
Working capital€42,126-€47,714▲ 13.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €180,221
Fixed assets €4,092 ▼ 32.9%
Current assets €176,129 ▼ 47.1%
Equity and liabilities €180,221
Equity €51,806 ▲ 7.4%
Debt €128,415 ▼ 55.8%
Debt's share of the balance-sheet total falls from 85.8% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€10,953▼
2021 · €70,057
Cash flow
€6,698▼
2021 · €62,362
Current ratio
1.37▲
2021 · 1.14
Debt to equity
2.48
ROE
6.9%▼
2021 · 124.9%
ROA
2.0%▼
2021 · 17.8%
Interest coverage
1.54
Debt ≤ 1 year
€128,415▼
2021 · €290,761
Income taxes
€1,218▼
2021 · €11,256
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€338,984€180,221▼
Fixed assets21/28€6,097€4,092▼
Tangible fixed assets22/27€6,097€4,092▼
Plant, machinery and equipment23-€2,602
Furniture and vehicles24-€1,490
Current assets29/58€332,887€176,129▼
Amounts receivable within one year40/41€300,481€174,942▼
Trade receivables40-€75,330
Other amounts receivable41-€99,612
Cash at bank and in hand54/58€32,406€1,187▼
Equity and liabilities
Total equity and liabilities10/49€338,984€180,221▼
Equity10/15€48,223€51,806▲
Contributions10/11€4,000€4,000=
Capital10-€4,000
Issued capital100-€4,000
Reserves13€400€400=
Non-distributable reserves130/1-€400
Legal reserve130-€400
Profit (loss) carried forward14€43,823€47,406▲
Amounts payable17/49€290,761€128,415▼
Amounts payable within one year42/48€290,761€128,415▼
Trade debts44€263,505€117,242▼
Suppliers440/4-€117,242
Taxes, remuneration and social security45-€11,173
Taxes450/3-€11,173
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,139€3,115▲
Other operating charges640/8-€845
Gross operating margin9900€71,666€11,798▼
Operating profit (loss)9901€67,918€7,838▼
Financial income75/76B-€4,057
Recurring financial income75€4,665€4,057▼
Financial charges65/66B-€7,094
Recurring financial charges65€1,104€7,094▲
Profit (loss) for the period before taxes9903€71,479€4,801▼
Income taxes67/77€11,256€1,218▼
Profit (loss) for the period9904€60,223€3,583▼
Profit (loss) for the period to be appropriated9905€60,223€3,583▼
Appropriation of the result
Profit (loss) to be appropriated9906-€47,406
Profit (loss) brought forward from the previous period14P-€43,823

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,139€3,115▲ 45.6%
Other operating charges640/8-€845-
Gross operating margin9900€71,666€11,798▼ 83.5%
Operating profit (loss)9901€67,918€7,838▼ 88.5%
Financial income75/76B-€4,057-
Recurring financial income75€4,665€4,057▼ 13.0%
Financial charges65/66B-€7,094-
Recurring financial charges65€1,104€7,094▲ 543%
Profit (loss) for the period before taxes9903€71,479€4,801▼ 93.3%
Income taxes67/77€11,256€1,218▼ 89.2%
Profit (loss) for the period9904€60,223€3,583▼ 94.1%
Profit (loss) for the period to be appropriated9905€60,223€3,583▼ 94.1%
Line20212022Change
Assets
Total assets20/58€338,984€180,221▼ 46.8%
Fixed assets21/28€6,097€4,092▼ 32.9%
Tangible fixed assets22/27€6,097€4,092▼ 32.9%
Plant, machinery and equipment23-€2,602-
Furniture and vehicles24-€1,490-
Current assets29/58€332,887€176,129▼ 47.1%
Amounts receivable within one year40/41€300,481€174,942▼ 41.8%
Trade receivables40-€75,330-
Other amounts receivable41-€99,612-
Cash at bank and in hand54/58€32,406€1,187▼ 96.3%
Equity and liabilities
Total equity and liabilities10/49€338,984€180,221▼ 46.8%
Equity10/15€48,223€51,806▲ 7.4%
Contributions10/11€4,000€4,000=
Capital10-€4,000-
Issued capital100-€4,000-
Reserves13€400€400=
Non-distributable reserves130/1-€400-
Legal reserve130-€400-
Profit (loss) carried forward14€43,823€47,406▲ 8.2%
Amounts payable17/49€290,761€128,415▼ 55.8%
Amounts payable within one year42/48€290,761€128,415▼ 55.8%
Trade debts44€263,505€117,242▼ 55.5%
Suppliers440/4-€117,242-
Taxes, remuneration and social security45-€11,173-
Taxes450/3-€11,173-
Line20212022Change
Profit (loss) for the period9904€60,223€3,583▼ 94.1%
+ Depreciation and write-downs630€2,139€3,115▲ 45.6%
Operating cash flow (approximation)€62,362€6,698▼ 89.3%
Investment in fixed assets (approximation)--€1,110-
Change in cash--€31,219-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-06-2022 micro format 16-05-2023 2023-00092216
30-06-2021 micro format 31-01-2022 2022-04100062

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.