LevUp engineering
ActiveSummary
LevUp engineering has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €127,412. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-3
Solvency56▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.82 in 2024; short-term debt: 14.1% and cash: 3.3% of total assets), and 68.5% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
3.8%
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
22 d early
2023
55 d early
2022
28 d early
2021
47 d early
2020
17 d early
2019
29 d early
← 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 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€127,412▼ 47.0%
2024 · €240,465
Working capital
-€304,803▼ 31.5%
2024 · -€231,764
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
Line20212022202320242025
Operating result€228,247▲ 281%€87,712▼ 61.6%€332,126▲ 279%€351,496▲ 5.8%€224,236▼ 36.2%
Net result€153,557▲ 692%€36,900▼ 76.0%€240,964▲ 553%€240,465▼ 0.2%€127,412▼ 47.0%
Equity€609,231▲ 33.7%€646,132▲ 6.1%€787,096▲ 21.8%€927,561▲ 17.8%€1.1m▲ 13.7%
Total assets€3.3m▼ 1.4%€3.3m▼ 1.4%€3.4m▲ 2.1%€4.2m▲ 23.2%€3.4m▼ 19.2%
Debt€2.7m▼ 6.8%€2.7m▼ 3.1%€2.6m▼ 2.7%€3.2m▲ 24.8%€2.3m▼ 28.7%
Working capital-€90,021▼ 0.7%-€91,416▼ 1.5%-€84,132▲ 8.0%-€231,764▼ 175%-€304,803▼ 31.5%
Staff (FTE)2.1=2.5▲ 19.0%2.5=2.5=2.1▼ 16.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets
€3.2m ▲ 1.8%
Current assets
€166,899 ▼ 83.7%
Equity and liabilities €3.4m
Equity
€1.1m ▲ 13.7%
Debt
€2.3m ▼ 28.7%
Debt's share of the balance-sheet total falls from 77.7% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€442,987▼
2024 · €558,110
Cash flow
€346,164▼
2024 · €447,079
Current ratio
0.35▼
2024 · 0.82
Quick ratio
0.35▼
2024 · 0.81
Debt to equity
2.18▼
2024 · 3.48
ROE
12.1%▼
2024 · 25.9%
ROA
3.8%▼
2024 · 5.8%
Interest coverage
6.95▼
2024 · 7.83
Debt ≤ 1 year
€471,702▼
2024 · €1.3m
Debt > 1 year
€1.8m▼
2024 · €2.0m
Income taxes
€37,187▼
2024 · €42,854
Staff costs
€107,834▼
2024 · €110,028
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 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% | 1.6% |
| 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 74% 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 10,891 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €38,412 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €93,728 | €95,679 | €106,948 | €110,028 | €107,834 | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €222,672 | €224,480 | €239,129 | €206,614 | €218,751 | ▲ 5.9% |
| Other operating charges640/8 | €21,639 | €18,065 | €19,786 | €24,649 | €25,455 | ▲ 3.3% |
| Non-recurring operating charges66A | - | €2,918 | €742 | €0 | - | - |
| Gross operating margin9900 | €566,286 | €428,856 | €698,732 | €692,787 | €576,276 | ▼ 16.8% |
| Operating profit (loss)9901 | €228,247 | €87,712 | €332,126 | €351,496 | €224,236 | ▼ 36.2% |
| Financial income75/76B | €203 | €1 | €103 | €3,140 | €4,087 | ▲ 30.1% |
| Recurring financial income75 | €203 | €1 | €103 | €3,140 | €4,087 | ▲ 30.1% |
| Financial charges65/66B | €43,620 | €40,650 | €48,262 | €71,318 | €63,723 | ▼ 10.6% |
| Recurring financial charges65 | €43,620 | €40,650 | €48,262 | €71,318 | €63,723 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €184,830 | €47,064 | €283,967 | €283,319 | €164,600 | ▼ 41.9% |
| Income taxes67/77 | €31,273 | €10,163 | €43,003 | €42,854 | €37,187 | ▼ 13.2% |
| Profit (loss) for the period9904 | €153,557 | €36,900 | €240,964 | €240,465 | €127,412 | ▼ 47.0% |
| Profit (loss) for the period to be appropriated9905 | €153,557 | €36,900 | €240,964 | €240,465 | €127,412 | ▼ 47.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €3.3m | €3.4m | €4.2m | €3.4m | ▼ 19.2% |
| Fixed assets21/28 | €3.2m | €3.1m | €3.0m | €3.1m | €3.2m | ▲ 1.8% |
| Intangible fixed assets21 | €133,000 | €114,000 | €95,000 | €76,000 | €57,000 | ▼ 25.0% |
| Tangible fixed assets22/27 | €3.1m | €3.0m | €2.9m | €3.1m | €3.1m | ▲ 2.5% |
| Land and buildings22 | €3.0m | €2.9m | €2.9m | €3.0m | €3.0m | ▲ 2.9% |
| Plant, machinery and equipment23 | €7,102 | €5,788 | €20,344 | €30,115 | €23,581 | ▼ 21.7% |
| Furniture and vehicles24 | €70,363 | €76,914 | €74,248 | €70,267 | €66,681 | ▼ 5.1% |
| Financial fixed assets28 | €890 | €1,390 | €1,390 | €1,390 | €1,390 | = |
| Current assets29/58 | €158,156 | €198,954 | €329,268 | €1.0m | €166,899 | ▼ 83.7% |
| Stocks and contracts in progress3 | €888 | €857 | €921 | €773 | €510 | ▼ 34.0% |
| Stocks30/36 | €888 | €857 | €921 | €773 | €510 | ▼ 34.0% |
| Amounts receivable within one year40/41 | €71,806 | €54,666 | €58,647 | €255,706 | €56,824 | ▼ 77.8% |
| Trade receivables40 | €67,947 | €32,631 | €30,788 | €234,224 | €43,836 | ▼ 81.3% |
| Other amounts receivable41 | €3,859 | €22,035 | €27,859 | €21,482 | €12,988 | ▼ 39.5% |
| Cash at bank and in hand54/58 | €85,105 | €141,826 | €268,257 | €763,884 | €109,446 | ▼ 85.7% |
| Deferred charges and accrued income490/1 | €356 | €1,606 | €1,443 | €1,622 | €119 | ▼ 92.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €3.3m | €3.4m | €4.2m | €3.4m | ▼ 19.2% |
| Equity10/15 | €609,231 | €646,132 | €787,096 | €927,561 | €1.1m | ▲ 13.7% |
| Contributions10/11 | €350,000 | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Reserves13 | €35,000 | €296,132 | €437,096 | €577,561 | €704,974 | ▲ 22.1% |
| Non-distributable reserves130/1 | €35,000 | €35,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €35,000 | €35,000 | €0 | - | - | - |
| Distributable reserves133 | - | €261,132 | €437,096 | €577,561 | €704,974 | ▲ 22.1% |
| Profit (loss) carried forward14 | €224,231 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €2.7m | €2.7m | €2.6m | €3.2m | €2.3m | ▼ 28.7% |
| Amounts payable after more than one year17 | €2.5m | €2.3m | €2.1m | €2.0m | €1.8m | ▼ 7.9% |
| Financial debts170/4 | €2.0m | €1.9m | €1.7m | €1.5m | €1.4m | ▼ 10.6% |
| Other amounts payable178/9 | €441,784 | €460,819 | €418,702 | €417,682 | €426,437 | ▲ 2.1% |
| Amounts payable within one year42/48 | €248,176 | €290,370 | €413,401 | €1.3m | €471,702 | ▼ 62.4% |
| Current portion of amounts payable after more than one year42 | €156,569 | €158,009 | €159,416 | €160,928 | €162,409 | ▲ 0.9% |
| Financial debts43 | - | - | €26,500 | €15,233 | €13,478 | ▼ 11.5% |
| Credit institutions430/8 | - | - | €26,500 | €15,233 | €13,478 | ▼ 11.5% |
| Trade debts44 | €22,992 | €57,145 | €36,612 | €17,042 | €16,005 | ▼ 6.1% |
| Suppliers440/4 | €22,992 | €57,145 | €36,612 | €17,042 | €16,005 | ▼ 6.1% |
| Taxes, remuneration and social security45 | €23,979 | €15,969 | €20,574 | €10,947 | €109,456 | ▲ 900% |
| Taxes450/3 | €12,791 | €6,273 | €0 | - | €53,500 | - |
| Remuneration and social security454/9 | €11,188 | €9,696 | €20,574 | €10,947 | €55,956 | ▲ 411% |
| Other amounts payable47/48 | €44,635 | €59,247 | €170,298 | €1.0m | €170,355 | ▼ 83.8% |
| Accrued charges and deferred income492/3 | €36,291 | €49,183 | €54,807 | €17,850 | €27,412 | ▲ 53.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €153,557 | €36,900 | €240,964 | €240,465 | €127,412 | ▼ 47.0% |
| + Depreciation and write-downs630 | €222,672 | €224,480 | €239,129 | €206,614 | €218,751 | ▲ 5.9% |
| Operating cash flow (approximation) | €376,229 | €261,381 | €480,093 | €447,079 | €346,164 | ▼ 22.6% |
| Investment in fixed assets (approximation) | - | -€136,694 | -€176,901 | -€295,807 | -€275,110 | ▲ 7.0% |
| Change in cash | - | €56,720 | €126,432 | €495,627 | -€654,438 | ▼ 232% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1mEq €1.1m ▲13.7%
6 profitable years in a row build equity to €1.1m.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €240,964 ▲553%
Net result €240,964, the highest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500,000Eq €609,231 ▲33.7%
2 profitable years in a row build equity to €609,231.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €19,386
Net result €19,386 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€62,729
Net result drops to -€62,729, the lowest in the series; recovery starts the following year.
Show earlier events
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Aubel · 1 establishment unit since 2010
Ground area
2,380 m²
Building footprint
297 m²
Volume, LiDAR
1,670 m³
Parcel 63003B0972/00F000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
LevUp engineering
since 20102.192.465.957
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003B0972/00F000 | Wallonia | 2,380 m² | 1 · 297 m² | 7.8 m · 2 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.
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Of 151 companies in sector 46644 we hold annual accounts for 114. 81 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
Founded05-08-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46644Wholesale trade
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0828298143
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.