NEXT LEVEL
ActiveSummary
NEXT LEVEL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €655,085. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+3
Solvency25▼-16
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 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 2025Solvency, return and age of the figures
Solvency
0.1%
Return on assets
28.6%
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 10% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 10%
← 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 11-04-2026, 111 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
111 d early
2024
2 d early
2023
23 d late
2022
30 d late
2021
29 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 6 days before the deadline; the sector median for financial year 2024 is 9 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€3,000▼ 98.7%
2024 · €235,103
Total assets
€2.3m▲ 54.6%
2024 · €1.5m
Net result
€655,085▲ 98.0%
2024 · €330,851
Working capital
€652,207▲ 1.7%
2024 · €641,559
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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€271,046-€587,814▲ 117%€6,032▼ 99.0%€430,976▲ 7,045%€921,661▲ 114%
Net result€209,389above the sector's middle half-€443,021above the sector's middle half▲ 112%€1,241below the sector's middle half▼ 99.7%€330,851above the sector's middle half▲ 26,557%€655,085above the sector's middle half▲ 98.0%
Equity€211,589within the sector's middle half-€653,810above the sector's middle half▲ 209%€654,251above the sector's middle half▲ 0.1%€235,103within the sector's middle half▼ 64.1%€3,000below the sector's middle half▼ 98.7%
Total assets€324,050within the sector's middle half-€1.0mabove the sector's middle half▲ 218%€997,748above the sector's middle half▼ 3.2%€1.5mabove the sector's middle half▲ 48.6%€2.3mabove the sector's middle half▲ 54.6%
Debt€112,462-€376,608▲ 235%€343,496▼ 8.8%€1.2m▲ 254%€2.2m▲ 84.3%
Working capital€186,145-€625,150▲ 236%€628,639▲ 0.6%€641,559▲ 2.1%€652,207▲ 1.7%
Solvency65.3%within the sector's middle half-63.5%within the sector's middle half▼ 1.8pp65.6%within the sector's middle half▲ 2.1pp15.9%below the sector's middle half▼ 49.7pp0.1%below the sector's middle half▼ 15.7pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 114% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€97,717 ▲ 306%
Current assets
€2.2m ▲ 50.4%
Equity and liabilities €2.3m
Equity
€3,000 ▼ 98.7%
Provisions
€45,774 ▲ 48.9%
Debt
€2.2m ▲ 84.3%
Debt's share of the balance-sheet total rises from 82.1% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€932,797▲
2024 · €436,343
Cash flow
€666,221▲
2024 · €336,219
Current ratio
1.42▼
2024 · 1.78
ROA
28.6%▲
2024 · 22.3%
Interest coverage
17.21▼
2024 · 294.18
Debt ≤ 1 year
€1.5m▲
2024 · €817,412
Income taxes
€220,828▲
2024 · €105,606
A ratio outside any meaningful range has been withheld (balance sheet total €2.3m, equity €3,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 875 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.1%
went bankrupt
1.9%
stopped otherwise
97%
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 0.3% 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 875 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,828 | €4,054 | €6,781 | €5,367 | €11,136 | ▲ 107% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €30,747 | €15,027 | ▼ 51.1% |
| Other operating charges640/8 | - | €2,638 | €1,556 | €876 | €526 | ▼ 40.0% |
| Gross operating margin9900 | €273,874 | €594,506 | €14,369 | €467,966 | €948,349 | ▲ 103% |
| Operating profit (loss)9901 | €271,046 | €587,814 | €6,032 | €430,976 | €921,661 | ▲ 114% |
| Financial income75/76B | - | €79 | €271 | €6,964 | €8,464 | ▲ 21.5% |
| Recurring financial income75 | - | €79 | €271 | €6,964 | €8,464 | ▲ 21.5% |
| Financial charges65/66B | €31 | €2,721 | €3,679 | €1,483 | €54,212 | ▲ 3,555% |
| Recurring financial charges65 | €31 | €2,721 | €3,679 | €1,483 | €54,212 | ▲ 3,555% |
| Profit (loss) for the period before taxes9903 | €271,015 | €585,171 | €2,623 | €436,457 | €875,913 | ▲ 101% |
| Income taxes67/77 | €61,627 | €142,150 | €1,382 | €105,606 | €220,828 | ▲ 109% |
| Profit (loss) for the period9904 | €209,389 | €443,021 | €1,241 | €330,851 | €655,085 | ▲ 98.0% |
| Profit (loss) for the period to be appropriated9905 | €209,389 | €443,021 | €1,241 | €330,851 | €655,085 | ▲ 98.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324,050 | €1.0m | €997,748 | €1.5m | €2.3m | ▲ 54.6% |
| Fixed assets21/28 | €25,444 | €28,661 | €25,612 | €24,073 | €97,717 | ▲ 306% |
| Tangible fixed assets22/27 | €25,031 | €28,248 | €25,199 | €23,660 | €97,304 | ▲ 311% |
| Furniture and vehicles24 | €2,477 | €8,110 | €7,477 | €8,355 | €7,153 | ▼ 14.4% |
| Other tangible fixed assets26 | €22,554 | €20,138 | €17,722 | €15,306 | €90,151 | ▲ 489% |
| Financial fixed assets28 | €413 | €413 | €413 | €413 | €413 | = |
| Current assets29/58 | €298,607 | €1.0m | €972,136 | €1.5m | €2.2m | ▲ 50.4% |
| Amounts receivable after more than one year29 | - | - | €75,966 | €73,688 | €60,500 | ▼ 17.9% |
| Other amounts receivable291 | - | - | €75,966 | €73,688 | €60,500 | ▼ 17.9% |
| Amounts receivable within one year40/41 | €198,551 | €184,212 | €283,326 | €880,972 | €1.6m | ▲ 86.6% |
| Trade receivables40 | €196,947 | €175,512 | €161,018 | €829,511 | €1.1m | ▲ 35.5% |
| Other amounts receivable41 | €1,604 | €8,700 | €122,308 | €51,462 | €520,255 | ▲ 911% |
| Cash at bank and in hand54/58 | €100,056 | €817,546 | €492,686 | €491,703 | €490,128 | ▼ 0.3% |
| Deferred charges and accrued income490/1 | - | - | €120,157 | €12,607 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324,050 | €1.0m | €997,748 | €1.5m | €2.3m | ▲ 54.6% |
| Equity10/15 | €211,589 | €653,810 | €654,251 | €235,103 | €3,000 | ▼ 98.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €208,589 | €650,810 | €651,251 | €232,103 | - | - |
| Provisions and deferred taxes16 | - | - | - | €30,747 | €45,774 | ▲ 48.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €30,747 | €45,774 | ▲ 48.9% |
| Other liabilities and charges164/5 | - | - | - | €30,747 | €45,774 | ▲ 48.9% |
| Amounts payable17/49 | €112,462 | €376,608 | €343,496 | €1.2m | €2.2m | ▲ 84.3% |
| Amounts payable within one year42/48 | €112,462 | €376,608 | €343,496 | €817,412 | €1.5m | ▲ 88.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €44,366 | - |
| Trade debts44 | €42,242 | €163,094 | €185,722 | €23,531 | €68,098 | ▲ 189% |
| Suppliers440/4 | €42,242 | €163,094 | €185,722 | €23,531 | €68,098 | ▲ 189% |
| Advances received on contracts in progress46 | €10,000 | - | €13,043 | €11,621 | €478 | ▼ 95.9% |
| Taxes, remuneration and social security45 | €31,627 | €163,550 | €142,390 | €32,228 | €156,418 | ▲ 385% |
| Taxes450/3 | €31,627 | €163,550 | €142,390 | €32,228 | €156,418 | ▲ 385% |
| Other amounts payable47/48 | €28,593 | €49,964 | €2,341 | €750,032 | €1.3m | ▲ 69.7% |
| Accrued charges and deferred income492/3 | - | - | - | €399,782 | €701,150 | ▲ 75.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €209,389 | €443,021 | €1,241 | €330,851 | €655,085 | ▲ 98.0% |
| + Depreciation and write-downs630 | €2,828 | €4,054 | €6,781 | €5,367 | €11,136 | ▲ 107% |
| Operating cash flow (approximation) | €212,217 | €447,076 | €8,022 | €336,219 | €666,221 | ▲ 98.2% |
| Investment in fixed assets (approximation) | - | -€7,271 | -€3,733 | -€3,829 | -€84,779 | ▼ 2,114% |
| Change in cash | - | €717,490 | -€324,860 | -€983 | -€1,575 | ▼ 60.2% |
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
11-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €655,085 ▲98%
Operating result €921,661, net result €655,085, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €1,241 ▼99.7%
Net result drops to €1,241, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €500,000Eq €653,810 ▲209%
2 profitable years in a row build equity to €653,810.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
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, Waterloo · 1 establishment unit since 2020
Ground area
1.0 ha
Building footprint
1,863 m²
Volume, LiDAR
34,807 m³
2 parcels, Brussels, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NEXT LEVEL
since 20202.306.668.215
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
| 21308H0472/00F006 | Brussels | 165 m² | 1 · 91 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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
254900N3IDBORTNW9357
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 11,211 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
Founded16-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64999Other financial services
73300Public relations and communication consultancy
82990Other business support services
Contact
E-mail
nextlevel@nextlvl.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748634914
Also
9925:BE0748634914
Registered
04-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.