LEVIC
ActiveSummary
The computed 12-month bankruptcy probability of LEVIC is 2.7% (moderate). The 2025 annual accounts show negative equity (-€52,633) and a net result of -€9,595. Equity is shrinking by about 58% per year across the filed financial years. Its solvency ranks better than 5% of 34,483 sector peers (NACE 43, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€52,633
- Loss
- -€9,595
Why 49raises riskNegative equity -€52,633Loss of €9,595, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskSize: total assets €772Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 3% on solvency, 43% on liquidity, 4% on profitability and 17% on growth.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 10 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Marques Leal Vanda (director)Amendment of the articles ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €8,787 in 2025 against €954 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,621 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €347 | €347 | €339 | €393 | ▲ 16.0% |
| Gross operating margin9900 | €6,297 | €14,422 | -€3,079 | -€6,623 | -€19,507 | -€14,335 | -€615 | -€8,394 | ▼ 1,265% |
| Operating profit (loss)9901 | €5,950 | €14,075 | -€3,437 | -€6,970 | -€19,855 | -€14,682 | -€954 | -€8,787 | ▼ 821% |
| Financial income75/76B | - | - | - | - | €1 | - | - | - | - |
| Recurring financial income75 | - | - | - | - | €1 | - | - | - | - |
| Financial charges65/66B | - | - | - | €697 | €806 | €1,254 | €764 | €808 | ▲ 5.8% |
| Recurring financial charges65 | €631 | €626 | €518 | €697 | €806 | €1,254 | €764 | €808 | ▲ 5.8% |
| Profit (loss) for the period before taxes9903 | €5,319 | €13,449 | -€3,955 | -€7,667 | -€20,660 | -€15,936 | -€1,718 | -€9,595 | ▼ 459% |
| Profit (loss) for the period9904 | €5,319 | €13,449 | -€3,955 | -€7,667 | -€20,660 | -€15,936 | -€1,718 | -€9,595 | ▼ 459% |
| Profit (loss) for the period to be appropriated9905 | €5,319 | €13,449 | -€3,955 | -€7,667 | -€20,660 | -€15,936 | -€1,718 | -€9,595 | ▼ 459% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6,523 | €7,772 | €13,018 | €12,228 | €14,924 | €12,069 | €1,418 | €772 | ▼ 45.5% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - | - |
| Fixed assets21/28 | €0 | €0 | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - | - | - |
| Current assets29/58 | €6,523 | €7,772 | €13,018 | €12,228 | €14,924 | €12,069 | €1,418 | €772 | ▼ 45.5% |
| Amounts receivable within one year40/41 | €6,523 | €1,172 | €6,936 | €5,134 | €8,924 | €6,069 | €1,389 | €286 | ▼ 79.4% |
| Trade receivables40 | - | - | - | €3,981 | €6,047 | €5,535 | €981 | - | - |
| Other amounts receivable41 | - | - | - | €1,154 | €2,877 | €533 | €408 | €286 | ▼ 29.9% |
| Current investments50/53 | - | - | - | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0 | €6,517 | - | €778 | - | €0 | €29 | €486 | ▲ 1,582% |
| Deferred charges and accrued income490/1 | - | - | - | €6,316 | €6,000 | €6,000 | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6,523 | €7,772 | €13,018 | €12,228 | €14,924 | €12,069 | €1,418 | €772 | ▼ 45.5% |
| Equity10/15 | -€6,551 | €6,898 | €2,943 | -€5,724 | -€25,384 | -€41,320 | -€43,038 | -€52,633 | ▼ 22.3% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Capital10 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Issued capital100 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | - | - | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€14,607 | -€1,158 | -€5,113 | -€13,780 | -€33,440 | -€49,376 | -€51,094 | -€60,689 | ▼ 18.8% |
| Amounts payable17/49 | €13,074 | €874 | €10,076 | €17,952 | €40,308 | €53,389 | €44,456 | €53,405 | ▲ 20.1% |
| Amounts payable within one year42/48 | €13,074 | €874 | €10,076 | €17,952 | €40,308 | €53,389 | €44,456 | €53,405 | ▲ 20.1% |
| Financial debts43 | - | - | - | - | €3,423 | €3,938 | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | €3,423 | €3,938 | €0 | - | - |
| Trade debts44 | €5 | €574 | €493 | €948 | €0 | €265 | €1,331 | €613 | ▼ 54.0% |
| Suppliers440/4 | - | - | - | €948 | - | €265 | €1,331 | €613 | ▼ 54.0% |
| Taxes, remuneration and social security45 | - | - | - | €1,080 | €2,160 | €3,240 | €3,240 | €1,080 | ▼ 66.7% |
| Taxes450/3 | - | - | - | €1,080 | €2,160 | €3,240 | €3,240 | €1,080 | ▼ 66.7% |
| Remuneration and social security454/9 | - | - | - | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €15,924 | €34,725 | €45,947 | €39,884 | €51,712 | ▲ 29.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,319 | €13,449 | -€3,955 | -€7,667 | -€20,660 | -€15,936 | -€1,718 | -€9,595 | ▼ 459% |
| Operating cash flow (approximation) | €5,319 | €13,449 | -€3,955 | -€7,667 | -€20,660 | -€15,936 | -€1,718 | -€9,595 | ▼ 459% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - | - | - | - |
| Change in cash | - | €6,517 | - | - | - | - | €29 | €457 | ▲ 1,482% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-05-2026 | 2026-00124465 |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00394529 |
| 31-12-2023 | micro format | 09-09-2024 | 2024-00456939 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00411550 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20356801 |
| 31-12-2020 | micro format | 09-08-2021 | 2021-48100449 |
| 31-12-2019 | micro format | 06-08-2020 | 2020-40400390 |
| 31-12-2018 | micro format | 20-08-2019 | 2019-49100450 |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44600267 |
| 31-12-2016 | micro format | 04-09-2017 | 2017-59900317 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Marques Leal Vanda |
|
Owners and capital
Capital and shareholders
- 24-04-2026 Converted to unavailable equity · €6,197
- 24-04-2026 Converted to unavailable equity · €1,859
- 24-04-2026 Converted to uncalled contributions · €12,395
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
24-04
Gazette deed
Resignation: Marques Leal Vanda (director)Amendment of the articles · Capital conversion · Reserve release9 facts ▸
- Amendment of the articles (2 times)
- Capital conversion, “comptes de capitaux propres statutairement indisponibles” (deed in French) (2 times)
- Capital conversion, “compte de capitaux propres 'apports non appelés'” (deed in French)
- Reserve release, “inclut les éventuels versements futurs de la part non encore libérée du capital, supprimer le compte de capitaux propres statutairement indisponibles” (deed in French)
- Registered-office move, 1440 Wauthier-Brain, Parc Industriel 8A
- Capital
- Director resignation, Marques Leal Vanda (director)
- Power of attorney, LEVIC
- Other provision, “administrateur unique”, director appointment (deed in French)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0449.965.380
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25111A0690/00M008 | Wallonia | 9,921 m² | 1 · 358 m² | - |
| 21383B0035/00Z010 | Brussels | 413 m² | 1 · 338 m² | 25.6 m · 7 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'exploitation d'une entreprise de plafonnage, de maçonnerie, de peinture, de carrelage et de menuiserie; L'exploitation d'une entreprise de…” (deed in French)
4 activities (deed in French)
- L'exploitation d'une entreprise de plafonnage, de maçonnerie, de peinture, de carrelage et de menuiserie
- L'exploitation d'une entreprise de tous travaux de nettoyage, rejointage et ravalage de façades ainsi que l'installation, de placement et l'entretien de tous échafaudages
- L'achat, la vente, la location, la prise en bail, la restauration ainsi que la transformation de tous immeubles bâtis
- L'achat, la vente, l'importation et l'exportation ainsi que la location et la prise en bail de tous produits, matériaux et outils concernant les activités susdites
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir des sièges administratifs, agences, ateliers, dépôts et succursales en Belgique ou à l'étranger par simple…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, avec ou sans limitation de durée” (deed in French)“Pouvoirs de l'organe d'administration, pouvoirs spéciaux à tout mandataire” (deed in French)“Rémunération des administrateurs, portée aux frais généraux, indépendamment des frais de représentation, voyages et déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, Nature des actions” (deed in French)“Indivisibilité des titres, un seul propriétaire reconnu par la société” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession d'actions, libre cession de tout ou partie des actions” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Fixés par l’organe qui procède à l’émission et portés à la connaissance des actionnaires par courrier électronique ou courrier ordinaire le…” (deed in French)“Droit de préférence et souscription des actions nouvelles, actionnaires existants proportionnellement au nombre d'actions détenues” (deed in French)2 more provisions on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Affectation par l'assemblée générale sur proposition de l'organe d'administration, chaque action confère un droit égal” (deed in French)
Meetings and financial year
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “Organe d'administration ou, le cas échéant, le commissaire, requête d'actionnaires représentant un dixième du nombre d'actions en…” (deed in French)“Admission à l'assemblée, peut participer sans pouvoir voter” (deed in French)“Séances et procès-verbaux, administrateur ou, à défaut, actionnaire présent détendant le plus d'actions ou, en cas de parité, le plus âgé” (deed in French)“Procuration écrite par tout moyen de transmission, actionnaire ou non, délibérations” (deed in French)“Ordre du jour et majorité, majorité des voix, quel que soit le nombre de titres représentés” (deed in French)2 more provisions on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'a été désigné, désigner un ou plusieurs liquidateurs et déterminer leurs pouvoirs et émoluments” (deed in French)