LEVI
ActiveLEVI has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.84M and a net result of €1.57M. Equity is growing by ~76.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 428 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100▲+8
Growth85=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.82 in 2024), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
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
65.3%
Return on assets
13.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
on the day
2022
11 d late
2021
62 d early
2020
26 d late
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.85M▼ 7.1%
2024 · €12.75M
2021: €2.51M
2022: €9.53M
2023: €13.01M
2024: €12.75M
2021 → 2025
EBIT margin
18.9%▼ 8.4pp
2024 · 27.3%
2021: -23.5%
2022: 20.0%
2023: 27.9%
2024: 27.3%
2021 → 2025
Net result
€1.57M▼ 34.9%
2024 · €2.41M
2019: €-8k
2020: €-528k
2021: €-825k
2022: €1.66M
2023: €2.69M
2024: €2.41M
2019 → 2025
Working capital
€1.45M▼ 3.0%
2024 · €1.49M
2019: €-945k
2020: €-478k
2021: €-1.11M
2022: €-240k
2023: €1.20M
2024: €1.49M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.51M-€9.53M▲ 280%€13.01M▲ 36.5%€12.75M▼ 2.0%€11.85M▼ 7.1%
Equity€132k-€1.79M▲ 1,256%€4.48M▲ 150%€6.48M▲ 44.7%€7.84M▲ 21.0%
Operating result€-588k-€1.90M€3.63M▲ 90.7%€3.48M▼ 4.1%€2.25M▼ 35.5%
Net result€-825k-€1.66M€2.69M▲ 62.4%€2.41M▼ 10.3%€1.57M▼ 34.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.00M
Fixed assets
€9.15M▲ 1.3%
Current assets
€2.85M▼ 14.0%
Equity and liabilities €12.00M
Equity
€7.84M▲ 21.0%
Debt
€4.16M▼ 29.1%
The debt ratio falls from 47.5% to 34.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€3.67M▼
2024 · €5.04M
Cash flow
€2.99M▼
2024 · €3.97M
Solvency
65.3%▲
2024 · 52.5%
Current ratio
2.03▲
2024 · 1.82
Quick ratio
2.01▲
2024 · 1.81
Debt / equity
0.53▼
2024 · 0.91
ROE
20.0%▼
2024 · 37.2%
ROA
13.1%▼
2024 · 19.5%
Interest coverage
45.05▲
2024 · 27.18
Debt
€4.16M▼
2024 · €5.87M
Debt ≤ 1 year
€1.41M▼
2024 · €1.82M
Debt > 1 year
€2.61M▼
2024 · €3.91M
Income taxes
€600k▼
2024 · €873k
Staff costs
€4.06M▲
2024 · €3.61M
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€12.35M€12.00M▼
Fixed assets21/28€9.03M€9.15M▲
Intangible fixed assets21€324k€291k▼
Tangible fixed assets22/27€8.68M€8.83M▲
Land and buildings22€6.95M€6.74M▼
Plant, machinery and equipment23€1.38M€1.67M▲
Furniture and vehicles24€19k€181k▲
Leasing and similar rights25€321k€244k▼
Financial fixed assets28€30k€30k▲
Other financial fixed assets284/8€30k€30k▲
Shares284€25k€25k=
Amounts receivable and cash guarantees285/8€5k€5k▲
Current assets29/58€3.31M€2.85M▼
Stocks and contracts in progress3€19k€31k▲
Stocks30/36€19k€31k▲
Goods purchased for resale34€19k€31k▲
Amounts receivable within one year40/41€2.51M€2.31M▼
Trade receivables40€2.26M€2.06M▼
Other amounts receivable41€248k€252k▲
Current investments50/53€501k€1k▼
Other investments51/53€501k€1k▼
Cash at bank and in hand54/58€157k€428k▲
Deferred charges and accrued income490/1€132k€80k▼
Equity and liabilities
Total equity and liabilities10/49€12.35M€12.00M▼
Equity10/15€6.48M€7.84M▲
Contributions10/11€265k€265k=
Capital10€265k€265k=
Issued capital100€265k€265k=
Reserves13€6.21M€7.57M▲
Non-distributable reserves130/1€43k€43k=
Legal reserve130€43k€43k=
Distributable reserves133€6.17M€7.53M▲
Amounts payable17/49€5.87M€4.16M▼
Amounts payable after more than one year17€3.91M€2.61M▼
Financial debts170/4€3.72M€2.61M▼
Leasing and similar obligations172€178k€104k▼
Credit institutions173€3.54M€2.51M▼
Other amounts payable178/9€189k-
Amounts payable within one year42/48€1.82M€1.41M▼
Current portion of amounts payable after more than one year42€1.19M€564k▼
Trade debts44€338k€433k▲
Suppliers440/4€338k€433k▲
Taxes, remuneration and social security45€290k€386k▲
Taxes450/3€149k€219k▲
Remuneration and social security454/9€141k€167k▲
Other amounts payable47/48€5k€23k▲
Accrued charges and deferred income492/3€140k€147k▲
Income statement
Code20242025
Operating income70/76A€13.52M€12.64M▼
Turnover70€12.75M€11.85M▼
Own construction capitalised72€84k€230k▲
Other operating income74€683k€565k▼
Operating charges60/66A€10.03M€10.40M▲
Goods for resale, raw materials and consumables60€790k€813k▲
Purchases600/8€782k€825k▲
Change in stocks: decrease (increase)609€8k€-12k▼
Services and other goods61€3.84M€3.90M▲
Remuneration, social security and pensions62€3.61M€4.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.56M€1.42M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€5k▲
Other operating charges640/8€239k€204k▼
Operating profit (loss)9901€3.48M€2.25M▼
Financial income75/76B€17k€37k▲
Recurring financial income75€17k€37k▲
Income from financial fixed assets750€16k€33k▲
Other financial income752/9€2k€4k▲
Financial charges65/66B€217k€113k▼
Recurring financial charges65€217k€113k▼
Debt charges650€185k€81k▼
Other financial charges652/9€32k€32k▼
Profit (loss) for the period before taxes9903€3.28M€2.17M▼
Income taxes67/77€873k€600k▼
Taxes670/3€873k€600k▼
Tax adjustments and reversals of tax provisions77€80-
Profit (loss) for the period9904€2.41M€1.57M▼
Profit (loss) for the period to be appropriated9905€2.41M€1.57M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.41M€1.57M▼
Transfer from equity791/2€250k€210k▼
From reserves792€250k€210k▼
Transfer to equity691/2€2.41M€1.57M▼
To other reserves6921€2.41M€1.57M▼
Profit to be distributed694/7€250k€210k▼
Return on contributions (dividend)694€250k€210k▼
Social balance
Average headcount (FTE)908761.166.8▲
The notes to these accounts (80 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Equity above €5MEq €6.48M ▲44.7%
3 profitable years in a row build equity to €6.48M.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €2.69M ▲62.4%
Operating result €3.63M, net result €2.69M, both a record.
30-06
Financial
Equity above €2MEq €4.48M ▲150%
2 profitable years in a row build equity to €4.48M.
11-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
30-06
Financial
Back to profitnet €1.66M
Net result €1.66M after 3 loss-making years.
30-06
Financial
Equity above €1MEq €1.79M ▲1256%
Equity rises from €132k to €1.79M.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Weakest financial yearnet €-825k
Net result drops to €-825k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2023
This board is reconstructed from a single act (25042424). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Lejeune Christian
CurrentDirector · since 31-07-2023
Lejeune Timothy
CurrentDirector · since 25-04-2022
Lejeune Tommy
CurrentDirector · since 25-04-2022
Vindevogel Carine
CurrentDirector · since 25-04-2022
31-07-2023
Lejeune Christian: Appointed as Director
31-07-2023
Lejeune Christian: Appointed as Managing director
31-07-2023
Lejeune Timothy: Appointed as Director
31-07-2023
Lejeune Tommy: Appointed as Director
31-07-2023
Lejeune Tommy: Appointed as Managing director
31-07-2023
Vindevogel Carine: Appointed as Director
25-04-2022
Lejeune Timothy: Appointed as Director
25-04-2022
Lejeune Tommy: Appointed as Director
25-04-2022
Lejeune Tommy: Appointed as Managing director
25-04-2022
Vindevogel Carine: Appointed as Managing director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 4 establishment units since 1994
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.
Handelsweg 19820 Merelbeke-MelleGround area
1.2 ha
Building footprint
6,023 m²
Volume, LiDAR
38,684 m³
3 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
LEVI
since 19942.066.555.997
Levi
since 20082.261.701.686
Levi
since 20132.261.701.587
Levi
since 20152.261.701.785
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0097/00D000 | Flanders | 4,936 m² | 1 · 2,219 m² | 8.1 m · 2 fl. |
| 44412C0096/00K000 | Flanders | 3,992 m² | 1 · 1,980 m² | 8.0 m · 3 fl. |
| 44412C0103/00H000 | Flanders | 2,992 m² | 1 · 1,824 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GOED TEN HOUTE
BE 0438.425.944
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PICOBELLO RENTING
BE 0446.570.182
Roeselare · Eq €3.68M
INITIAL BELUX
BE 0765.680.386
Schelle · Eq €2.25M
L.K.C.
BE 0436.790.901
Peer · Eq €2.18M
NIMA
BE 0448.044.087
Ieper · Eq €1.98M
Of 305 companies in sector 77223 we hold annual accounts for 139. 20 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-04-1994
Fiscal year end30-06
Activities, NACEBEL
71404
74151
77223Rental and leasing activities
56301Cafés and bars
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
77392Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.