LEVT
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 242 days after the deadline Filed on 30 September 2025, deadline 31 January 2025 (7 months after the close on 30 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00513653.
Annual accounts 2024 filed on 30-09-2025 PDF all 5 filings
Turnover
≈ €470,000
Estimated: probably between €330,000 and €700,000
Total assets
€150,021▲ 23.3%
2023 · €121,631
Net result
€18,829▼ 38.4%
2023 · €30,551
Working capital
€85,268▲ 33.0%
2023 · €64,127
Multi-year overview
2020 to 2024, 5 financial yearsOperating result
€26,567
▼ 33.3%
2024
20202024
Net result
€18,829
▼ 38.4%
2024
middle half of the sector
20202024
Equity
€89,896
▲ 26.5%
2024
middle half of the sector
20202024
Total assets
€150,021
▲ 23.3%
2024
middle half of the sector
20202024
Debt
€60,126
▲ 18.9%
2024
20202024
Working capital
€85,268
▲ 33.0%
2024
middle half of the sector
20202024
Solvency
59.9%
▲ 1.5pp
2024
middle half of the sector
20202024
Current ratio
2.42
▲ 0.15
2024
middle half of the sector
20202024
Return on assets (ROA)
12.6%
▼ 12.6pp
2024
middle half of the sector
20202024
Staff (FTE)
2.2
▼ 24.1%
2024
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,177-€8,076▲ 93.4%€34,281▲ 324%€39,804▲ 16.1%€26,567▼ 33.3%
Net result€3,671within the sector's middle half-€5,728within the sector's middle half▲ 56.0%€26,117within the sector's middle half▲ 356%€30,551above the sector's middle half▲ 17.0%€18,829within the sector's middle half▼ 38.4%
Equity€8,671below the sector's middle half-€14,399below the sector's middle half▲ 66.1%€40,515within the sector's middle half▲ 181%€71,066within the sector's middle half▲ 75.4%€89,896within the sector's middle half▲ 26.5%
Total assets€94,432within the sector's middle half-€97,713within the sector's middle half▲ 3.5%€138,011within the sector's middle half▲ 41.2%€121,631within the sector's middle half▼ 11.9%€150,021within the sector's middle half▲ 23.3%
Debt€85,761-€83,315▼ 2.9%€97,496▲ 17.0%€50,565▼ 48.1%€60,126▲ 18.9%
Working capital-€15,157below the sector's middle half--€4,846below the sector's middle half▲ 68.0%€27,819within the sector's middle half€64,127within the sector's middle half▲ 131%€85,268within the sector's middle half▲ 33.0%
Solvency9.2%below the sector's middle half-14.7%below the sector's middle half▲ 5.6pp29.4%within the sector's middle half▲ 14.6pp58.4%within the sector's middle half▲ 29.1pp59.9%within the sector's middle half▲ 1.5pp
Current ratio0.82below the sector's middle half-0.94below the sector's middle half▲ 0.121.29within the sector's middle half▲ 0.342.27within the sector's middle half▲ 0.982.42within the sector's middle half▲ 0.15
Return on assets (ROA)3.9%within the sector's middle half-5.9%within the sector's middle half▲ 2.0pp18.9%above the sector's middle half▲ 13.1pp25.1%above the sector's middle half▲ 6.2pp12.6%within the sector's middle half▼ 12.6pp
Staff (FTE)2.4within the sector's middle half-3.5▲ 45.8%2.1▼ 40.0%2.9▲ 38.1%2.2▼ 24.1%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 33% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €150,021
Fixed assets
€4,627 ▼ 33.3%
Current assets
€145,394 ▲ 26.8%
Equity and liabilities €150,021
Equity
€89,896 ▲ 26.5%
Debt
€60,126 ▲ 18.9%
Debt's share of the balance-sheet total falls from 41.6% to 40.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28,879▼
2023 · €45,561
Cash flow
€21,141▼
2023 · €36,308
Debt to equity
0.67▼
2023 · 0.71
ROE
20.9%▼
2023 · 43.0%
Interest coverage
11.16▼
2023 · 28.12
Debt ≤ 1 year
€60,126▲
2023 · €50,565
Income taxes
€5,150▼
2023 · €7,638
Staff costs
€111,154▼
2023 · €157,169
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 2 |
| full-time | 2 | 3 | 2 |
| in full-time equivalents | 2 | 3 | 2 |
| Average over the year, in full-time equivalents | 2.1 | 2.9 | 2.2 |
| On a permanent contract | 2 | 3 | 2 |
| Joined | 1 | 2 | 0 |
| Left | 2 | 1 | 1 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €112,699 | €157,169 | €111,154 | ▼ 29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,915 | €7,433 | €6,549 | €5,757 | €2,312 | ▼ 59.8% |
| Other operating charges640/8 | - | - | €1,375 | €171 | €643 | ▲ 276% |
| Non-recurring operating charges66A | - | - | €250 | - | - | - |
| Gross operating margin9900 | €131,175 | €208,200 | €155,154 | €202,901 | €140,676 | ▼ 30.7% |
| Operating profit (loss)9901 | €4,177 | €8,076 | €34,281 | €39,804 | €26,567 | ▼ 33.3% |
| Financial income75/76B | - | - | €1 | €5 | €0 | ▼ 99.3% |
| Recurring financial income75 | €50 | €2 | €1 | €5 | €0 | ▼ 99.3% |
| Financial charges65/66B | - | - | €1,411 | €1,620 | €2,587 | ▲ 59.7% |
| Recurring financial charges65 | €556 | €380 | €1,411 | €1,620 | €2,587 | ▲ 59.7% |
| Profit (loss) for the period before taxes9903 | €3,671 | €7,699 | €32,871 | €38,189 | €23,979 | ▼ 37.2% |
| Income taxes67/77 | - | €1,971 | €6,754 | €7,638 | €5,150 | ▼ 32.6% |
| Profit (loss) for the period9904 | €3,671 | €5,728 | €26,117 | €30,551 | €18,829 | ▼ 38.4% |
| Profit (loss) for the period to be appropriated9905 | €3,671 | €5,728 | €26,117 | €30,551 | €18,829 | ▼ 38.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,432 | €97,713 | €138,011 | €121,631 | €150,021 | ▲ 23.3% |
| Fixed assets21/28 | €23,827 | €19,245 | €12,696 | €6,939 | €4,627 | ▼ 33.3% |
| Tangible fixed assets22/27 | €23,827 | €16,395 | €9,846 | €4,089 | €1,777 | ▼ 56.5% |
| Land and buildings22 | - | - | €5,171 | €3,290 | €1,408 | ▼ 57.2% |
| Plant, machinery and equipment23 | - | - | €1,230 | €799 | €369 | ▼ 53.9% |
| Furniture and vehicles24 | - | - | €3,445 | - | - | - |
| Financial fixed assets28 | - | €2,850 | €2,850 | €2,850 | €2,850 | = |
| Current assets29/58 | €70,604 | €78,469 | €125,315 | €114,692 | €145,394 | ▲ 26.8% |
| Amounts receivable within one year40/41 | €41,114 | €66,932 | €123,921 | €113,298 | €144,000 | ▲ 27.1% |
| Trade receivables40 | - | - | €112,265 | €102,817 | €92,733 | ▼ 9.8% |
| Other amounts receivable41 | - | - | €11,656 | €10,481 | €51,266 | ▲ 389% |
| Cash at bank and in hand54/58 | €28,364 | €10,382 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €1,394 | €1,394 | €1,394 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,432 | €97,713 | €138,011 | €121,631 | €150,021 | ▲ 23.3% |
| Equity10/15 | €8,671 | €14,399 | €40,515 | €71,066 | €89,896 | ▲ 26.5% |
| Contributions10/11 | - | - | €5,000 | €5,000 | €5,000 | = |
| Contributions outside capital11 | - | - | €5,000 | €5,000 | €5,000 | = |
| Other1109/19 | - | - | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €3,671 | €9,399 | €35,515 | €66,066 | €84,896 | ▲ 28.5% |
| Distributable reserves133 | - | - | €35,515 | €66,066 | €84,896 | ▲ 28.5% |
| Amounts payable17/49 | €85,761 | €83,315 | €97,496 | €50,565 | €60,126 | ▲ 18.9% |
| Amounts payable within one year42/48 | €85,761 | €83,315 | €97,496 | €50,565 | €60,126 | ▲ 18.9% |
| Current portion of amounts payable after more than one year42 | - | - | €5,195 | €3,301 | €3,301 | = |
| Financial debts43 | - | - | €23,499 | €3,727 | - | - |
| Other loans439 | - | - | €23,499 | €3,727 | - | - |
| Trade debts44 | €33,683 | €17,953 | €24,043 | €20,321 | €35,475 | ▲ 74.6% |
| Suppliers440/4 | - | - | €24,043 | €20,321 | €35,475 | ▲ 74.6% |
| Taxes, remuneration and social security45 | - | - | €28,518 | €16,975 | €18,759 | ▲ 10.5% |
| Taxes450/3 | - | - | €8,817 | €8,570 | €10,897 | ▲ 27.1% |
| Remuneration and social security454/9 | - | - | €19,701 | €8,405 | €7,863 | ▼ 6.5% |
| Other amounts payable47/48 | - | - | €16,240 | €6,240 | €2,590 | ▼ 58.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,671 | €5,728 | €26,117 | €30,551 | €18,829 | ▼ 38.4% |
| + Depreciation and write-downs630 | €8,915 | €7,433 | €6,549 | €5,757 | €2,312 | ▼ 59.8% |
| Operating cash flow (approximation) | €12,586 | €13,161 | €32,665 | €36,308 | €21,141 | ▼ 41.8% |
| Investment in fixed assets (approximation) | - | -€2,850 | €0 | €0 | €0 | - |
| Change in cash | - | -€17,982 | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 30-09-2025 | 2025-00513653 | |
| 30-06-2023 | micro format | 29-02-2024 | 2024-00040643 | |
| 30-06-2022 | micro format | 29-06-2023 | 2023-00214102 | |
| 30-06-2021 | micro format | 28-02-2022 | 2022-07100129 | |
| 30-06-2020 | micro format | 28-02-2021 | 2021-06900409 |