LEVIN
ActiveSummary
LEVIN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €331,773 and a net result of €37,760. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability82▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
short-term debt: 0.1% and cash: 29.9% of total assets, and 3.7% of the assets are financed with debt.
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Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.3%
Return on assets
11%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
56 d early
2022
70 d early
2021
67 d early
2020
45 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 49 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€331,773▲ 21.5%
2022 · €273,019
Total assets
€344,602▲ 20.8%
2022 · €285,300
Net result
€37,760▲ 151%
2022 · €15,016
Working capital
€211,113▲ 146%
2021 · €85,697
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result€19,609▲ 31.1%€19,402▼ 1.1%€17,232▼ 11.2%€22,538▲ 30.8%€36,783-
Net result€15,764▲ 12.4%€13,478▼ 14.5%€10,321▼ 23.4%€15,016▲ 45.5%€37,760-
Equity€234,204▲ 7.2%€247,682▲ 5.8%€258,003▲ 4.2%€273,019▲ 5.8%€331,773-
Total assets€265,802▼ 10.3%€301,255▲ 13.3%€270,283▼ 10.3%€285,300▲ 5.6%€344,602-
Debt€28,318▼ 62.1%€50,293▲ 77.6%€9,000▼ 82.1%€9,000=€9,549-
Working capital€83,023▼ 57.3%€76,861▼ 7.4%€85,697▲ 11.5%€211,113-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €36,783 in 2024, compared with €22,538 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €344,602
Fixed assets
€133,040 ▼ 14.6%
Current assets
€211,562 ▲ 63.3%
Equity and liabilities €344,602
Equity
€331,773 ▲ 21.5%
Provisions
€3,280 =
Debt
€9,549 ▲ 6.1%
Debt's share of the balance-sheet total falls from 3.2% to 2.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44,637▲
2022 · €42,384
Cash flow
€45,614▲
2022 · €34,863
Debt to equity
0.03▼
2022 · 0.03
ROE
11.4%▲
2022 · 5.5%
ROA
11.0%▲
2022 · 5.3%
Interest coverage
1539.21▼
2022 · 1766.01
Debt ≤ 1 year
€449
Debt > 1 year
€9,000=
2022 · €9,000
Income taxes
€4,394▼
2022 · €7,498
A ratio outside any meaningful range has been withheld (balance sheet total €344,602, equity €331,773).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 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 31,349 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 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,257 | €19,639 | €19,846 | €19,846 | €7,854 | - |
| Other operating charges640/8 | - | - | €10,820 | €7,076 | €8,138 | - |
| Gross operating margin9900 | €40,292 | €45,875 | €47,898 | €49,461 | €52,775 | - |
| Operating profit (loss)9901 | €19,609 | €19,402 | €17,232 | €22,538 | €36,783 | - |
| Financial income75/76B | - | - | - | - | €5,400 | - |
| Recurring financial income75 | €186 | - | - | - | €5,400 | - |
| Non-recurring financial income76B | - | - | - | - | €5,400 | - |
| Financial charges65/66B | - | - | €2,557 | €24 | €29 | - |
| Recurring financial charges65 | €31 | €41 | €2,557 | €24 | €29 | - |
| Profit (loss) for the period before taxes9903 | €19,764 | €19,361 | €14,675 | €22,514 | €42,154 | - |
| Income taxes67/77 | €4,000 | €5,883 | €4,354 | €7,498 | €4,394 | - |
| Profit (loss) for the period9904 | €15,764 | €13,478 | €10,321 | €15,016 | €37,760 | - |
| Profit (loss) for the period to be appropriated9905 | €15,764 | €13,478 | €10,321 | €15,016 | €37,760 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €265,802 | €301,255 | €270,283 | €285,300 | €344,602 | - |
| Fixed assets21/28 | €173,779 | €195,432 | €175,586 | €155,740 | €133,040 | - |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €173,702 | €195,355 | €175,509 | €155,663 | €132,963 | - |
| Land and buildings22 | - | - | €175,509 | €146,189 | €125,383 | - |
| Other tangible fixed assets26 | - | - | - | €9,474 | €7,580 | - |
| Financial fixed assets28 | €77 | €77 | €77 | €77 | €77 | - |
| Current assets29/58 | €92,023 | €105,823 | €94,697 | €129,560 | €211,562 | - |
| Amounts receivable within one year40/41 | €5,303 | €18,999 | €5,356 | - | €108,605 | - |
| Other amounts receivable41 | - | - | €5,356 | - | €108,605 | - |
| Cash at bank and in hand54/58 | €86,720 | €86,824 | €89,341 | €129,560 | €102,957 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €265,802 | €301,255 | €270,283 | €285,300 | €344,602 | - |
| Equity10/15 | €234,204 | €247,682 | €258,003 | €273,019 | €331,773 | - |
| Contributions10/11 | €66,635 | €66,635 | €66,635 | €66,635 | €66,635 | - |
| Capital10 | - | - | €66,635 | €66,635 | €66,635 | - |
| Issued capital100 | - | - | €66,635 | €66,635 | €66,635 | - |
| Reserves13 | €21,663 | €21,663 | €21,663 | €21,664 | €21,664 | - |
| Non-distributable reserves130/1 | - | - | €21,663 | €21,664 | €21,664 | - |
| Legal reserve130 | - | - | €21,663 | €21,664 | €21,664 | - |
| Profit (loss) carried forward14 | €145,906 | €159,384 | €169,705 | €184,721 | €243,474 | - |
| Provisions and deferred taxes16 | €3,280 | €3,280 | €3,280 | €3,280 | €3,280 | - |
| Provisions for liabilities and charges160/5 | - | - | €3,280 | €3,280 | €3,280 | - |
| Major repairs and maintenance162 | - | - | €3,280 | €3,280 | €3,280 | - |
| Amounts payable17/49 | €28,318 | €50,293 | €9,000 | €9,000 | €9,549 | - |
| Amounts payable after more than one year17 | - | €21,330 | - | €9,000 | €9,000 | - |
| Financial debts170/4 | - | - | - | - | €9,000 | - |
| Other amounts payable178/9 | - | - | - | €9,000 | - | - |
| Amounts payable within one year42/48 | €9,000 | €28,962 | €9,000 | - | €449 | - |
| Trade debts44 | - | - | - | - | €449 | - |
| Suppliers440/4 | - | - | - | - | €449 | - |
| Other amounts payable47/48 | - | - | €9,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €100 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,764 | €13,478 | €10,321 | €15,016 | €37,760 | - |
| + Depreciation and write-downs630 | €14,257 | €19,639 | €19,846 | €19,846 | €7,854 | - |
| Operating cash flow (approximation) | €30,021 | €33,117 | €30,167 | €34,863 | €45,614 | - |
| Investment in fixed assets (approximation) | - | -€41,292 | €0 | -€0 | - | - |
| Change in cash | - | €104 | €2,517 | €40,219 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €37,760 ▲151%
Operating result €36,783, net result €37,760, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €10,321 ▼23.4%
Net result drops to €10,321, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 10.52
Current ratio from 3.65 to 10.52; short-term debt falls from €28,962 to €9,000.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Houthalen-Helchteren · 1 establishment unit since 2003
Ground area
5,484 m²
Building footprint
1,093 m²
Volume, LiDAR
4,425 m³
Parcel 72015C0704/00D000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Centrum-Zuid 3047, 3530 Houthalen-Helchteren
since 20032.126.540.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0704/00D000 | Flanders | 5,484 m² | 1 · 1,093 m² | 6.2 m · 1 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
2549005N9TIB95TPT004
Identification & contact
Identification
Legal formPublic limited company
Founded15-10-2002
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478570680
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.