LEVIGO
ActiveSummary
The computed 12-month bankruptcy probability of LEVIGO is 3.5% (moderate). The 2025 annual accounts show negative equity (-€100,350) and a net result of €20,225. Equity is shrinking by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▲+37
Solvency0=
Growth58▲+26
Track record86
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.61 in 2024; short-term debt: 169.8% and cash: 19.2% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-69.8%
Return on assets
14.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 sector peers
Solvency
better than 5%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 d early
2024
31 d late
2023
327 d late
2022
683 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 209 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€100,350▲ 16.8%
2024 · -€120,575
Total assets
€143,716▼ 29.2%
2024 · €202,862
Net result
€20,225
2024 · -€39,996
Working capital
-€103,544▲ 18.1%
2024 · -€126,439
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Operating result-€3,645--€85,475▼ 2,245%€3,807-€40,433-€324▲ 99.2%
Net result-€4,902below the sector's middle half--€86,622below the sector's middle half▼ 1,667%€946within the sector's middle half-€39,996below the sector's middle half€20,225within the sector's middle half
Equity€5,098below the sector's middle half--€81,525below the sector's middle half-€80,579below the sector's middle half▲ 1.2%-€120,575below the sector's middle half▼ 49.6%-€100,350below the sector's middle half▲ 16.8%
Total assets€114,100within the sector's middle half-€124,837within the sector's middle half▲ 9.4%€281,548within the sector's middle half▲ 126%€202,862within the sector's middle half▼ 27.9%€143,716within the sector's middle half▼ 29.2%
Debt€109,002-€206,362▲ 89.3%€362,127▲ 75.5%€323,437▼ 10.7%€244,066▼ 24.5%
Working capital€2,864--€82,945-€81,359▲ 1.9%-€126,439▼ 55.4%-€103,544▲ 18.1%
Solvency4.5%below the sector's middle half--65.3%below the sector's middle half▼ 69.8pp-28.6%below the sector's middle half▲ 36.7pp-59.4%below the sector's middle half▼ 30.8pp-69.8%below the sector's middle half▼ 10.4pp
Staff (FTE)2.1-0.9▼ 57.1%1▲ 11.1%1=1=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €324 in 2025 against €40,433 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143,716
Fixed assets
€3,195 ▼ 45.5%
Current assets
€140,521 ▼ 28.7%
Key figures and ratios
EBITDA
€846▲
2024 · -€39,331
Cash flow
€21,395▲
2024 · -€38,894
Current ratio
0.58▼
2024 · 0.61
Quick ratio
0.37▼
2024 · 0.46
Debt to equity
-2.43▲
2024 · -2.68
ROA
14.1%▲
2024 · -19.7%
Interest coverage
0.14▲
2024 · -11.80
Debt ≤ 1 year
€244,066▼
2024 · €323,437
Income taxes
€1,260
Staff costs
€24,464▼
2024 · €30,269
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.3%
went bankrupt
5.6%
stopped otherwise
89%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% 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%.
| 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 2,178 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €81,655 | €50,169 | €1,809 | €30,269 | €24,464 | ▼ 19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,600 | €320 | €640 | €1,102 | €1,170 | ▲ 6.1% |
| Other operating charges640/8 | €1,573 | €1,432 | €6 | €4,156 | €1,087 | ▼ 73.8% |
| Gross operating margin9900 | €81,184 | -€33,554 | €6,262 | -€4,905 | €26,397 | ▲ 638% |
| Operating profit (loss)9901 | -€3,645 | -€85,475 | €3,807 | -€40,433 | -€324 | ▲ 99.2% |
| Financial income75/76B | €1 | €1,068 | €15 | €3,770 | €27,956 | ▲ 641% |
| Recurring financial income75 | €1 | €1,068 | €15 | €3,770 | €21,609 | ▲ 473% |
| Non-recurring financial income76B | - | - | - | - | €6,347 | - |
| Financial charges65/66B | €1,167 | €2,215 | €1,114 | €3,333 | €6,147 | ▲ 84.4% |
| Recurring financial charges65 | €1,167 | €2,215 | €1,114 | €3,333 | €6,147 | ▲ 84.4% |
| Profit (loss) for the period before taxes9903 | -€4,811 | -€86,622 | €2,707 | -€39,996 | €21,486 | ▲ 154% |
| Income taxes67/77 | €92 | - | €1,762 | - | €1,260 | - |
| Profit (loss) for the period9904 | -€4,902 | -€86,622 | €946 | -€39,996 | €20,225 | ▲ 151% |
| Profit (loss) for the period to be appropriated9905 | -€4,902 | -€86,622 | €946 | -€39,996 | €20,225 | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,100 | €124,837 | €281,548 | €202,862 | €143,716 | ▼ 29.2% |
| Fixed assets21/28 | €2,233 | €5,458 | €4,818 | €5,864 | €3,195 | ▼ 45.5% |
| Tangible fixed assets22/27 | - | €2,880 | €2,240 | €3,786 | €2,616 | ▼ 30.9% |
| Furniture and vehicles24 | - | €2,880 | €2,240 | €3,786 | €2,616 | ▼ 30.9% |
| Financial fixed assets28 | €2,233 | €2,578 | €2,578 | €2,078 | €578 | ▼ 72.2% |
| Current assets29/58 | €111,866 | €119,379 | €276,730 | €196,998 | €140,521 | ▼ 28.7% |
| Stocks and contracts in progress3 | €40,406 | €44,848 | €51,892 | €47,144 | €51,240 | ▲ 8.7% |
| Stocks30/36 | €40,406 | €44,848 | €51,892 | €47,144 | €51,240 | ▲ 8.7% |
| Amounts receivable within one year40/41 | €60,591 | €71,290 | €224,602 | €141,629 | €61,555 | ▼ 56.5% |
| Trade receivables40 | €54,465 | €46,189 | €183,438 | €99,840 | €44,898 | ▼ 55.0% |
| Other amounts receivable41 | €6,126 | €25,101 | €41,163 | €41,789 | €16,657 | ▼ 60.1% |
| Cash at bank and in hand54/58 | €1,939 | €3,241 | €145 | €8,225 | €27,644 | ▲ 236% |
| Deferred charges and accrued income490/1 | €8,929 | - | €91 | - | €83 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,100 | €124,837 | €281,548 | €202,862 | €143,716 | ▼ 29.2% |
| Equity10/15 | €5,098 | -€81,525 | -€80,579 | -€120,575 | -€100,350 | ▲ 16.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | - | - | €10,000 | - |
| Distributable reserves133 | - | - | - | - | €10,000 | - |
| Profit (loss) carried forward14 | -€4,902 | -€91,525 | -€90,579 | -€130,575 | -€120,350 | ▲ 7.8% |
| Amounts payable17/49 | €109,002 | €206,362 | €362,127 | €323,437 | €244,066 | ▼ 24.5% |
| Amounts payable after more than one year17 | - | €4,038 | €4,038 | - | - | - |
| Financial debts170/4 | - | €4,038 | €4,038 | - | - | - |
| Amounts payable within one year42/48 | €109,002 | €202,323 | €358,089 | €323,437 | €244,066 | ▼ 24.5% |
| Current portion of amounts payable after more than one year42 | - | €3,661 | - | €313 | - | - |
| Trade debts44 | €101,473 | €83,873 | €162,488 | €168,324 | €34,763 | ▼ 79.3% |
| Suppliers440/4 | €101,473 | €83,873 | €162,488 | €168,324 | €34,763 | ▼ 79.3% |
| Taxes, remuneration and social security45 | €7,529 | €24,257 | €45,180 | €47,442 | €15,724 | ▼ 66.9% |
| Taxes450/3 | €2,829 | €18,574 | €45,180 | €44,733 | €12,832 | ▼ 71.3% |
| Remuneration and social security454/9 | €4,700 | €5,683 | - | €2,709 | €2,892 | ▲ 6.7% |
| Other amounts payable47/48 | - | €90,533 | €150,421 | €107,358 | €193,579 | ▲ 80.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,902 | -€86,622 | €946 | -€39,996 | €20,225 | ▲ 151% |
| + Depreciation and write-downs630 | €1,600 | €320 | €640 | €1,102 | €1,170 | ▲ 6.1% |
| Operating cash flow (approximation) | -€3,302 | -€86,302 | €1,586 | -€38,894 | €21,395 | ▲ 155% |
| Investment in fixed assets (approximation) | - | -€3,545 | €0 | -€2,148 | €1,500 | ▲ 170% |
| Change in cash | - | €1,301 | -€3,095 | €8,080 | €19,418 | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €20,225
Net result €20,225 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 327 days late
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 683 days late
2024
26-07
KBO administration
Address struck
event 06-06-2024
2023
31-12
Financial
Back to profitnet €946
Net result €946 after 2 loss-making years.
2022
31-12
Financial
Weakest financial yearnet -€86,622
Net result drops to -€86,622, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
Ground area
2,865 m²
Building footprint
1,680 m²
Parcel 23582E0390/00T002, Flanders. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
LEVIGO
since 20202.310.643.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0390/00T002 | Flanders | 2,865 m² | 1 · 1,680 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,043 companies in sector 43221 we hold annual accounts for 3,475. 1,130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
Contact
Website
www.levigo-pro.be
E-mail
info@levigo-pro.be
Website
www.levigo.beSint-Pieters-Leeuw
Phone
+32498604292Sint-Pieters-Leeuw
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759614324
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.