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LEVIAT

Active
Public limited companyfounded 196165 yrs activeIndustrielaan 2, 1740 Ternat, BelgiumKBO/BCE: BE 0402.642.545
Summary

LEVIAT has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54.2m and a net result of €9.6m. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 86% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability91▲+86
Solvency100=
Growth27▼-1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 3.19 against 2.99 in 2024; short-term debt: 22.2% and cash: 0.1% of total assets), and 22.2% of the assets are financed with debt.
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 65 years 0 70 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
77.8%
Return on assets
13.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
106 d early
2024
on the day
2023
20 d early
2022
4 d early
2021
122 d late
2021
37 d early
2020
90 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 102 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 July 1961, LEVIAT was incorporated.1 Revenue went from EUR 47 million in 2019 to EUR 33 million in 2025 and headcount from 130 to 150 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€32.8m▼ 9.0%
2024 · €36.0m
EBIT margin
48.6%▲ 51.5pp
2024 · -2.9%
Net result
€9.6m
2024 · -€29.1m
Working capital
€33.9m▲ 108%
2024 · €16.3m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€42.1m-€46.7m▲ 10.9%€41.6m▼ 10.9%€36.0m▼ 13.5%€32.8m▼ 9.0%
Operating result€112,662-€3.3m▲ 2,791%€23.5m▲ 620%-€1.1m€15.9m
Net result-€2.0mbelow the sector's middle half-€1.5mabove the sector's middle half€54.6mabove the sector's middle half▲ 3,658%-€29.1mbelow the sector's middle half€9.6mabove the sector's middle half
EBIT margin0.3%-7.0%▲ 6.7pp56.4%▲ 49.4pp-2.9%▼ 59.3pp48.6%▲ 51.5pp
Equity€61.6mabove the sector's middle half-€54.1mabove the sector's middle half▼ 12.2%€83.7mabove the sector's middle half▲ 54.8%€54.6mabove the sector's middle half▼ 34.7%€54.2mabove the sector's middle half▼ 0.8%
Total assets€195.6mabove the sector's middle half-€198.4mabove the sector's middle half▲ 1.4%€116.1mabove the sector's middle half▼ 41.5%€63.2mabove the sector's middle half▼ 45.5%€69.7mabove the sector's middle half▲ 10.2%
Debt€132.6m-€143.0m▲ 7.9%€31.1m▼ 78.2%€8.2m▼ 73.6%€15.5m▲ 88.6%
Working capital€10.0mabove the sector's middle half--€12.4mbelow the sector's middle half€17.5mabove the sector's middle half€16.3mabove the sector's middle half▼ 6.4%€33.9mabove the sector's middle half▲ 108%
Solvency31.5%within the sector's middle half-27.2%within the sector's middle half▼ 4.2pp72.1%above the sector's middle half▲ 44.9pp86.4%above the sector's middle half▲ 14.3pp77.8%above the sector's middle half▼ 8.6pp
Current ratio2.31within the sector's middle half-0.62below the sector's middle half▼ 1.681.56within the sector's middle half▲ 0.942.99above the sector's middle half▲ 1.433.19above the sector's middle half▲ 0.20
Return on assets (ROA)-1.0%below the sector's middle half-0.7%below the sector's middle half▲ 1.8pp47.1%above the sector's middle half▲ 46.3pp-46.0%below the sector's middle half▼ 93.0pp13.7%above the sector's middle half▲ 59.7pp
Staff (FTE)159.7above the sector's middle half-160.3above the sector's middle half▲ 0.4%162above the sector's middle half▲ 1.1%158.2above the sector's middle half▼ 2.3%150above the sector's middle half▼ 5.2%
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50.0m-€25.0m€0€25.0m€50.0mOperating result 2021: €112,662€112,662Net result 2021: -€2.0m-€2.0mOperating result 2022: €3.3m€3.3mNet result 2022: €1.5m€1.5mOperating result 2023: €23.5m€23.5mNet result 2023: €54.6m€54.6mOperating result 2024: -€1.1m-€1.1mNet result 2024: -€29.1m-€29.1mOperating result 2025: €15.9m€15.9mNet result 2025: €9.6m€9.6m20212022202320242025-€50m-€25m€0€25m€50mOperating result 2023: €23.5m€23mNet result 2023: €54.6m€55mOperating result 2024: -€1.1m-€1.1mNet result 2024: -€29.1m-€29mOperating result 2025: €15.9m€16mNet result 2025: €9.6m€9.6m202320242025
The operating result returns to profit in 2025: €15.9m after a loss of €1.1m in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69.7m
Fixed assets €20.3m ▼ 47.6%
Current assets €49.4m ▲ 101%
Equity and liabilities €69.7m
Equity €54.2m ▼ 0.8%
Provisions €0 ▼ 100%
Debt €15.5m ▲ 88.6%
Debt's share of the balance-sheet total rises from 13.0% to 22.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16.6m▲
2024 · -€404,293
Cash flow
€10.2m▲
2024 · -€28.4m
Quick ratio
2.82▲
2024 · 2.20
Debt to equity
0.29▲
2024 · 0.15
ROE
17.6%▲
2024 · -53.2%
Interest coverage
285.19▲
2024 · -10.24
Debt ≤ 1 year
€15.5m▲
2024 · €8.2m
Income taxes
€3.6m▲
2024 · €23,793
Staff costs
€11.3m▼
2024 · €11.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,577 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 85 lines
Balance sheet Code20242025
Assets
Total assets20/58€63.2m€69.7m▲
Fixed assets21/28€38.7m€20.3m▼
Intangible fixed assets21€395€17,990▲
Tangible fixed assets22/27€5.0m€3.0m▼
Land and buildings22€3.1m-
Plant, machinery and equipment23€1.4m€1.3m▼
Furniture and vehicles24€393,607€324,543▼
Assets under construction and advance payments27€176,539€1.4m▲
Financial fixed assets28€33.7m€17.2m▼
Affiliated companies280/1€33.7m€17.2m▼
Participating interests280€33.7m€17.2m▼
Other financial fixed assets284/8€500€500=
Amounts receivable and cash guarantees285/8€500€500=
Current assets29/58€24.5m€49.4m▲
Stocks and contracts in progress3€6.5m€5.7m▼
Stocks30/36€6.5m€5.7m▼
Raw materials and consumables30/31€2.3m€2.0m▼
Work in progress32€546,170€579,663▲
Finished goods33€854,574€763,366▼
Goods purchased for resale34€2.8m€2.4m▼
Contracts in progress37€8,343€24,530▲
Amounts receivable within one year40/41€18.0m€43.1m▲
Trade receivables40€6.2m€6.4m▲
Other amounts receivable41€11.7m€36.8m▲
Cash at bank and in hand54/58-€35,036
Deferred charges and accrued income490/1€63,328€488,302▲
Equity and liabilities
Total equity and liabilities10/49€63.2m€69.7m▲
Equity10/15€54.6m€54.2m▼
Contributions10/11€49.0m€49.0m=
Capital10€49.0m€49.0m=
Issued capital100€49.0m€49.0m=
Reserves13€4.9m€4.9m=
Non-distributable reserves130/1€4.9m€4.9m=
Legal reserve130€4.9m€4.9m=
Tax-exempt reserves132€48,936€48,936=
Profit (loss) carried forward14€692,278€246,078▼
Provisions and deferred taxes16€381,015-
Provisions for liabilities and charges160/5€381,015-
Pensions and similar obligations160€337,182-
Other liabilities and charges164/5€43,833-
Amounts payable17/49€8.2m€15.5m▲
Amounts payable within one year42/48€8.2m€15.5m▲
Financial debts43-€1,138
Credit institutions430/8-€1,138
Trade debts44€6.7m€3.6m▼
Suppliers440/4€6.7m€3.6m▼
Taxes, remuneration and social security45€1.5m€1.8m▲
Taxes450/3€28,963€428,827▲
Remuneration and social security454/9€1.5m€1.4m▼
Other amounts payable47/48-€10.0m
Income statement Code20242025
Operating income70/76A€37.7m€50.4m▲
Turnover70€36.0m€32.8m▼
Other operating income74€1.7m€1.4m▼
Non-recurring operating income76A€14,300€16.2m▲
Operating charges60/66A€38.8m€34.5m▼
Goods for resale, raw materials and consumables60€17.7m€15.4m▼
Purchases600/8€17.1m€14.7m▼
Change in stocks: decrease (increase)609€647,150€731,308▲
Services and other goods61€9.6m€7.2m▼
Remuneration, social security and pensions62€11.5m€11.3m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€652,448€651,656▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€27,400€17,233▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€892,386-€381,014▲
Other operating charges640/8€220,737€327,472▲
Operating profit (loss)9901-€1.1m€15.9m▲
Financial income75/76B€5.9m€13.8m▲
Recurring financial income75€5.9m€13.8m▲
Income from financial fixed assets750€5.0m€13.5m▲
Other financial income752/9€926,274€316,151▼
Non-recurring financial income76B€69€726▲
Financial charges65/66B€33.9m€16.6m▼
Recurring financial charges65€101,322€124,931▲
Debt charges650€39,486€58,077▲
Other financial charges652/9€61,836€66,854▲
Non-recurring financial charges66B€33.8m€16.4m▼
Profit (loss) for the period before taxes9903-€29.0m€13.2m▲
Income taxes67/77€23,793€3.6m▲
Taxes670/3€23,793€3.6m▲
Profit (loss) for the period9904-€29.1m€9.6m▲
Profit (loss) for the period to be appropriated9905-€29.1m€9.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€692,278€10.2m▲
Profit (loss) brought forward from the previous period14P€29.7m€692,278▼
Profit to be distributed694/7-€10.0m
Return on contributions (dividend)694-€10.0m
Social balance
Average headcount (FTE)9087158.2150.0▼

The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€43.9m€50.2m€67.4m€37.7m€50.4m▲ 33.6%
Turnover70€42.1m€46.7m€41.6m€36.0m€32.8m▼ 9.0%
Other operating income74€1.8m€3.1m€1.7m€1.7m€1.4m▼ 16.2%
Non-recurring operating income76A-€416,776€24.1m€14,300€16.2m▲ 113,211%
Operating charges60/66A€43.8m€46.9m€44.0m€38.8m€34.5m▼ 11.1%
Goods for resale, raw materials and consumables60€23.2m€26.3m€21.7m€17.7m€15.4m▼ 13.1%
Purchases600/8€24.8m€26.9m€20.6m€17.1m€14.7m▼ 14.0%
Change in stocks: decrease (increase)609-€1.6m-€634,224€1.1m€647,150€731,308▲ 13.0%
Services and other goods61€9.6m€9.4m€10.2m€9.6m€7.2m▼ 25.3%
Remuneration, social security and pensions62€10.4m€10.6m€11.4m€11.5m€11.3m▼ 1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€517,840€570,747€595,012€652,448€651,656▼ 0.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€36,177-€113,906-€71,385-€27,400€17,233▲ 163%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€45,490-€74,936-€42,350-€892,386-€381,014▲ 57.3%
Other operating charges640/8€170,305€231,530€207,701€220,737€327,472▲ 48.4%
Non-recurring operating charges66A€28,469-----
Operating profit (loss)9901€112,662€3.3m€23.5m-€1.1m€15.9m▲ 1,606%
Financial income75/76B€114,025€158,688€33.3m€5.9m€13.8m▲ 133%
Recurring financial income75€114,025€158,688€33.3m€5.9m€13.8m▲ 133%
Income from financial fixed assets750--€32.5m€5.0m€13.5m▲ 170%
Other financial income752/9€114,025€158,688€783,689€926,274€316,151▼ 65.9%
Non-recurring financial income76B---€69€726▲ 952%
Financial charges65/66B€2.2m€1.5m€2.1m€33.9m€16.6m▼ 51.1%
Recurring financial charges65€2.2m€1.5m€2.1m€101,322€124,931▲ 23.3%
Debt charges650€2.2m€1.3m€2.0m€39,486€58,077▲ 47.1%
Other financial charges652/9-€156,762€74,334€61,836€66,854▲ 8.1%
Non-recurring financial charges66B---€33.8m€16.4m▼ 51.3%
Profit (loss) for the period before taxes9903-€2.0m€1.9m€54.6m-€29.0m€13.2m▲ 145%
Income taxes67/77€2,543€495,197€14,543€23,793€3.6m▲ 15,039%
Taxes670/3€2,543€569,255€14,543€23,793€3.6m▲ 15,039%
Tax adjustments and reversals of tax provisions77-€74,058----
Profit (loss) for the period9904-€2.0m€1.5m€54.6m-€29.1m€9.6m▲ 133%
Profit (loss) for the period to be appropriated9905-€2.0m€1.5m€54.6m-€29.1m€9.6m▲ 133%
Line20212022202320242025Change
Assets
Total assets20/58€195.6m€198.4m€116.1m€63.2m€69.7m▲ 10.2%
Fixed assets21/28€178.0m€178.0m€67.5m€38.7m€20.3m▼ 47.6%
Intangible fixed assets21€178,580€70,587€10,004€395€17,990▲ 4,454%
Tangible fixed assets22/27€4.5m€4.7m€5.0m€5.0m€3.0m▼ 39.3%
Land and buildings22€3.0m€3.1m€3.1m€3.1m--
Plant, machinery and equipment23€1.2m€1.3m€1.5m€1.4m€1.3m▼ 4.5%
Furniture and vehicles24€212,022€226,482€197,611€393,607€324,543▼ 17.5%
Assets under construction and advance payments27€41,708€55,867€168,770€176,539€1.4m▲ 701%
Financial fixed assets28€173.3m€173.3m€62.5m€33.7m€17.2m▼ 48.9%
Affiliated companies280/1€173.3m€173.3m€62.5m€33.7m€17.2m▼ 48.9%
Participating interests280€173.3m€173.3m€62.5m€33.7m€17.2m▼ 48.9%
Other financial fixed assets284/8€5€5€5€500€500=
Amounts receivable and cash guarantees285/8€5€5€5€500€500=
Current assets29/58€17.6m€20.4m€48.6m€24.5m€49.4m▲ 101%
Stocks and contracts in progress3€7.3m€8.1m€7.1m€6.5m€5.7m▼ 11.6%
Stocks30/36€7.3m€8.1m€7.1m€6.5m€5.7m▼ 11.9%
Raw materials and consumables30/31€2.8m€3.1m€2.8m€2.3m€2.0m▼ 13.6%
Work in progress32€331,312€865,638€546,063€546,170€579,663▲ 6.1%
Finished goods33€1.4m€1.2m€933,833€854,574€763,366▼ 10.7%
Goods purchased for resale34€2.7m€2.8m€2.8m€2.8m€2.4m▼ 14.4%
Contracts in progress37€9,650€6,626€1,291€8,343€24,530▲ 194%
Amounts receivable within one year40/41€10.3m€12.2m€41.4m€18.0m€43.1m▲ 140%
Trade receivables40€6.3m€5.9m€6.0m€6.2m€6.4m▲ 2.0%
Other amounts receivable41€4.0m€6.3m€35.5m€11.7m€36.8m▲ 213%
Cash at bank and in hand54/58----€35,036-
Deferred charges and accrued income490/1-€117,587€3,514€63,328€488,302▲ 671%
Equity and liabilities
Total equity and liabilities10/49€195.6m€198.4m€116.1m€63.2m€69.7m▲ 10.2%
Equity10/15€61.6m€54.1m€83.7m€54.6m€54.2m▼ 0.8%
Contributions10/11€49.0m€49.0m€49.0m€49.0m€49.0m=
Capital10€49.0m€49.0m€49.0m€49.0m€49.0m=
Issued capital100€49.0m€49.0m€49.0m€49.0m€49.0m=
Reserves13€4.9m€4.9m€4.9m€4.9m€4.9m=
Non-distributable reserves130/1€4.9m€4.9m€4.9m€4.9m€4.9m=
Legal reserve130€4.9m€4.9m€4.9m€4.9m€4.9m=
Tax-exempt reserves132€48,936€48,936€48,936€48,936€48,936=
Profit (loss) carried forward14€7.7m€113,820€29.7m€692,278€246,078▼ 64.5%
Provisions and deferred taxes16€1.4m€1.3m€1.3m€381,015--
Provisions for liabilities and charges160/5€1.4m€1.3m€1.3m€381,015--
Pensions and similar obligations160€50,000€143,000€143,000€337,182--
Other liabilities and charges164/5€1.3m€1.2m€1.1m€43,833--
Amounts payable17/49€132.6m€143.0m€31.1m€8.2m€15.5m▲ 88.6%
Amounts payable after more than one year17€124.9m€109.9m----
Financial debts170/4€124.9m€109.9m----
Other loans174€124.9m€109.9m----
Amounts payable within one year42/48€7.6m€32.8m€31.1m€8.2m€15.5m▲ 88.6%
Current portion of amounts payable after more than one year42-€15.0m----
Financial debts43----€1,138-
Credit institutions430/8----€1,138-
Trade debts44€5.7m€6.5m€3.9m€6.7m€3.6m▼ 45.5%
Suppliers440/4€5.7m€6.5m€3.9m€6.7m€3.6m▼ 45.5%
Taxes, remuneration and social security45€1.9m€2.0m€2.1m€1.5m€1.8m▲ 18.6%
Taxes450/3€227,154€894,720€627,527€28,963€428,827▲ 1,381%
Remuneration and social security454/9€1.7m€1.1m€1.5m€1.5m€1.4m▼ 7.8%
Other amounts payable47/48€84,338€9.4m€25.0m-€10.0m-
Accrued charges and deferred income492/3€23,470€302,819----
Line20212022202320242025Change
Profit (loss) for the period9904-€2.0m€1.5m€54.6m-€29.1m€9.6m▲ 133%
+ Depreciation and write-downs630€517,840€570,747€595,012€652,448€651,656▼ 0.1%
Operating cash flow (approximation)-€1.5m€2.0m€55.2m-€28.4m€10.2m▲ 136%
Investment in fixed assets (approximation)--€610,815€109.9m€28.2m€17.7m▼ 37.0%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-08
State Gazette act Restructuring
Merger · Board composition · Shareholding21 facts ▸
  • Merger, 03-08-2026
  • Board composition, Jeremy Hallet (director)
  • Board composition, Nico Ramstetter (director)
  • Board composition, Stefanie Hespeel (director)
  • Board composition, Jeremy Hallet (director)
  • Board composition, Nico Ramstetter (director)
  • Board composition, Stefanie Hespeel (director)
  • Shareholding, 03-08-2026, 100%
  • Other statement, zakelijke overwegingen
  • Other statement, operationele en commerciële integratie
  • Other statement, strategische doelen
  • Other statement, governance en markt
  • +9 further facts in this act
16-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €9.6m
Net result €9.6m after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€29.1m
Net result drops to -€29.1m, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity triplescurrent ratio 1.56
Current ratio from 0.62 to 1.56; short-term debt falls from €32.8m to €31.1m.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €1.5m
Net result €1.5m after 2 loss-making years.
30-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
25-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
01-01
Financial Liquidity quadruplescurrent ratio 8.26
Current ratio from 1.86 to 8.26; short-term debt falls from €68.3m to €8.2m.
Show earlier events
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2019
17-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 37 acts read
About the unread acts

Of the 37 Belgian State Gazette acts we know for this company, 1 has been read. The other 36 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
37 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 3 establishment units since 1961
seat establishment All 3 establishment units on the map
Ground area
4.9 ha
Building footprint
2.0 ha
Volume, LiDAR
143,929 m³
3 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
3 establishment units
"PLAKABETON" / "Leviat"
Industrielaan 2, 1740 TernatArchitectural and engineering activities; technical testing and analysis
since 19612.102.669.592
Industrielaan 21, 1740 Ternat
Manufacture of basic metals
since 20232.352.538.822
Handelsstraat 2, 1740 Ternat
Manufacture of basic metals
since 20232.352.538.921
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23086B0354/00B004 Flanders 3.0 ha 1 · 7,789 m² 8.5 m · 3 fl.
23086B0338/00V000 Flanders 9,989 m² 1 · 6,318 m² 9.9 m · 2 fl.
23086B0321/00P000 Flanders 8,882 m² 1 · 6,246 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
De vennootschap heeft tot voorwerp de fabricatie, de verhuring, de verkoop en de vertegenwoordiging van betonkistingmateriaal en van alle andere procédés of technieken met het oog…
Full purpose (4 activities)
  1. De vennootschap heeft tot voorwerp de fabricatie, de verhuring, de verkoop en de vertegenwoordiging van betonkistingmateriaal en van alle andere procédés of technieken met het oog op de standaardisering in de bouwnijverheid.
  2. De vennootschap kan alle handels-, burgerlijke, industriële en financiële handelingen verrichten die rechtstreeks of onrechtstreeks nuttig zijn voor de verwezenlijking van haar doel of die de ontwikkeling of de uitbreiding van haar werkzaamheden bevorderen.
  3. Zij kan, onder meer bij wijze van inbreng, fusie, overdracht, deelneming, inschrijving, financieel akkoord of op andere wijze belangen nemen in alle bestaande of op te richten vennootschappen die een zelfde, een gelijkaardig of een verwant doel nastreven of die haar ontwikkeling kunnen bevorderen.
  4. Zij kan zich borg of aval stellen voor alle vennootschappen waarin zij belangen heeft, hen voorschotten of kredieten verlenen, en hypothecaire of andere vormen van zekerheden verstrekken.
Other statement
5 provisions in the deed

Structure & network

Owners and holdings

1 owner · 4 holdings · 5 subsidiaries in the tree

Chain of control

  1. CRH NederlandNL 100%
  2. LEVIAT

Highest known parent: CRH Nederland (Netherlands). The sources do not say who stands above it.

Owners 1

Holdings 4

Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

All subsidiaries, including indirect ones 5

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of LEVIAT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Took over:SCHELDE-HANDEL
BE 0400.320.978merger by absorption · proposal · State Gazette act of 18-08-2026 (2 acts) · effective 03-08-2026

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 37,621 EUR awarded · 37,621 EUR paid
Year Entries awardedpaid
2025 1 10,089 EUR10,089 EUR
2024 1 9,459 EUR9,459 EUR
2023 1 9,238 EUR9,238 EUR
2022 2 8,835 EUR8,835 EUR
Schemes
4 entries · 37,133 EUR · 37,133 EUR paid · Departement Werk en Sociale Economie
1 entry · 488 EUR · 488 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 148 companies in sector 25402 we hold annual accounts for 100. 16 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-07-1961
Fiscal year end31-12
Activities, NACEBEL 2025
24330Manufacture of basic metals
25402Manufacture of fabricated metal products, except machinery and equipment
25110Manufacture of metal structures and parts of structures
E-invoicing
Reachable via Peppol
Peppol ID 0208:0402642545
Also 9925:BE0402642545

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.