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LVL GROUP

Active
Private limited companyfounded 20223 yrs activeRue Marie Joyle 33, 7021 Mons, BelgiumKBO/BCE: BE 0792.465.650
Summary

LVL GROUP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,695) and a net result of -€1,026. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 2108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Sports and recreation education
NACE 85510
1 site
How big
€1,256total assets 2025
Equity
-€1,695
Loss
-€1,026
Turnover not published (abridged schema)
Financially healthy?
26 Weak Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 3 d early0 of 1 deed read
Why 26- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equity+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-97
Solvency0▼-7
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€1,695
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
3 d early
2024
70 d late
2023
65 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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. Usually files around 5 October (3 of the last 3 filed years within 69 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €820

Financials

Fiscal year 2025Total assets €1,256Loss -€1,026Solvency -134.9%Liquidity 0.20
Total assets
€1,256▼ 65.8%
2023 - 2025
Net result
-€1,026
2023 - 2025
Equity
-€1,695▼ 154%
2023 - 2025
Solvency
-134.9%▼ 116.8pp
2023 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€2,882-€970-€902
Net result-€2,488within the sector's middle half-€820within the sector's middle half-€1,026within the sector's middle half
Equity-€1,488below the sector's middle half--€668below the sector's middle half▲ 55.1%-€1,695below the sector's middle half▼ 154%
Total assets€28,400below the sector's middle half-€3,677below the sector's middle half▼ 87.1%€1,256below the sector's middle half▼ 65.8%
Debt€29,888-€4,345▼ 85.5%€2,951▼ 32.1%
Working capital-€2,965within the sector's middle half--€1,733within the sector's middle half▲ 41.5%-€2,347within the sector's middle half▼ 35.4%
Solvency-5.2%below the sector's middle half-
Current ratio0.90within the sector's middle half-
Return on assets (ROA)-8.8%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 85, Education, 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 and balance sheet2025
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0€1,000Operating result 2023: -€2,882-€2,882Net result 2023: -€2,488-€2,488Operating result 2024: €970€970Net result 2024: €820€820Operating result 2025: -€902-€902Net result 2025: -€1,026-€1,026202320242025-€3,000-€2,000-€1,000€0€1,000Operating result 2023: -€2,882-€2,880Net result 2023: -€2,488-€2,490Operating result 2024: €970€970Net result 2024: €820€820Operating result 2025: -€902-€902Net result 2025: -€1,026-€1,030202320242025
The operating result turns negative in 2025: a loss of €902 after €970 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,256
Fixed assets €653 ▼ 38.7%
Current assets €603 ▼ 76.9%
Equity and liabilities
Equity-€1,695
Debt€2,951
Equity is negative: debt (€2,951) exceeds the balance-sheet total (€1,256).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€490▼
2024 · €1,382
Cash flow
-€614▼
2024 · €1,232
Interest coverage
-3.94▼
2024 · 9.19
Debt ≤ 1 year
€2,951▼
2024 · €4,345
Ratios withheld: a balance sheet total of €1,256 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 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 7,638 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,677€1,256▼
Fixed assets21/28€1,065€653▼
Tangible fixed assets22/27€1,065€653▼
Furniture and vehicles24€220€19▼
Other tangible fixed assets26€845€634▼
Current assets29/58€2,612€603▼
Amounts receivable within one year40/41€2,546€603▼
Trade receivables40€2,546€0▼
Other amounts receivable41€0€603▲
Cash at bank and in hand54/58€67€0▼
Equity and liabilities
Total equity and liabilities10/49€3,677€1,256▼
Equity10/15-€668-€1,695▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€1,668-€2,695▼
Amounts payable17/49€4,345€2,951▼
Amounts payable within one year42/48€4,345€2,951▼
Financial debts43-€30
Credit institutions430/8-€30
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€4,345€2,921▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€412€412=
Other operating charges640/8€0-
Gross operating margin9900€1,382-€490▼
Operating profit (loss)9901€970-€902▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€150€124▼
Recurring financial charges65€150€124▼
Profit (loss) for the period before taxes9903€820-€1,026▼
Profit (loss) for the period9904€820-€1,026▼
Profit (loss) for the period to be appropriated9905€820-€1,026▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,668-€2,695▼
Profit (loss) brought forward from the previous period14P-€2,488-€1,668▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183€412€412=
Other operating charges640/8€500€0--
Gross operating margin9900-€2,199€1,382-€490▼ 135%
Operating profit (loss)9901-€2,882€970-€902▼ 193%
Financial income75/76B€466€0--
Recurring financial income75€466€0--
Financial charges65/66B€72€150€124▼ 17.4%
Recurring financial charges65€72€150€124▼ 17.4%
Profit (loss) for the period before taxes9903-€2,488€820-€1,026▼ 225%
Profit (loss) for the period9904-€2,488€820-€1,026▼ 225%
Profit (loss) for the period to be appropriated9905-€2,488€820-€1,026▼ 225%
Line202320242025Change
Assets
Total assets20/58€28,400€3,677€1,256▼ 65.8%
Fixed assets21/28€1,477€1,065€653▼ 38.7%
Tangible fixed assets22/27€1,477€1,065€653▼ 38.7%
Furniture and vehicles24€420€220€19▼ 91.4%
Other tangible fixed assets26€1,057€845€634▼ 25.0%
Current assets29/58€26,923€2,612€603▼ 76.9%
Amounts receivable within one year40/41€23,708€2,546€603▼ 76.3%
Trade receivables40€2,527€2,546€0▼ 100%
Other amounts receivable41€21,181€0€603-
Cash at bank and in hand54/58€3,215€67€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€28,400€3,677€1,256▼ 65.8%
Equity10/15-€1,488-€668-€1,695▼ 154%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14-€2,488-€1,668-€2,695▼ 61.5%
Amounts payable17/49€29,888€4,345€2,951▼ 32.1%
Amounts payable within one year42/48€29,888€4,345€2,951▼ 32.1%
Financial debts43--€30-
Credit institutions430/8--€30-
Trade debts44€8,088€0--
Suppliers440/4€8,088€0--
Taxes, remuneration and social security45€1,980€0--
Taxes450/3€1,980€0--
Other amounts payable47/48€19,820€4,345€2,921▼ 32.8%
Line202320242025Change
Profit (loss) for the period9904-€2,488€820-€1,026▼ 225%
+ Depreciation and write-downs630€183€412€412=
Operating cash flow (approximation)-€2,305€1,232-€614▼ 150%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€3,148-€67▲ 97.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,492 companies in this sector we hold annual accounts for 722. See the whole sector

Timeline

4 eventsLatest 28-07-2026Next filing 31-07-2027

History

On 14 October 2022, LVL GROUP was incorporated as a Private limited company.1 Total assets went from €28,400 in 2023 to €1,256 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial Back to profitnet €820
Net result €820 after one loss-making year.
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 14-10-2022Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company
Founded14-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
85510Sports and recreation education
74140Other specialised design activities
82300Organisation of conventions and trade shows
85592Vocational training
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,292 m²
Building footprint
178 m²
Volume, LiDAR
1,310 m³
Parcel 53038A0263/00H000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LVL GROUP
Rue Marie Joyle 33, 7021 MonsOther professional, scientific and technical activities
since 2022unit no. 2.336.814.033
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53038A0263/00H000 Wallonia 3,292 m² 1 · 178 m² 9.1 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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