NEXT LEVEL DEVELOPMENT
ActiveSummary
NEXT LEVEL DEVELOPMENT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €43k. Its solvency ranks better than 43% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+43
Solvency81▲+48
Growth78
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.09 in 2023; short-term debt: 44.2% and cash: 57.8% of total assets), and 44.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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 27-06-2025, 34 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 1,107%
2023 · €4k
Total assets
€81k▲ 82.1%
2023 · €45k
Net result
€43k▲ 1,165%
2023 · €3k
Working capital
€43k▲ 1,042%
2023 · €4k
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
Line20232024
Operating result€5k-€58k▲ 1,161%
Net result€3k-€43k▲ 1,165%
Equity€4k-€45k▲ 1,107%
Total assets€45k-€81k▲ 82.1%
Debt€41k-€36k▼ 12.1%
Working capital€4k-€43k▲ 1,042%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 1,161% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81k
Fixed assets
€2k
Current assets
€79k
Equity and liabilities €81k
Equity
€45k ▲ 1,107%
Debt
€36k ▼ 12.1%
Debt's share of the balance-sheet total falls from 91.6% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k
Cash flow
€44k
Current ratio
2.19▲
2023 · 1.09
Debt to equity
0.79▼
2023 · 10.88
ROE
95.5%▲
2023 · 91.1%
ROA
53.3%▲
2023 · 7.7%
Interest coverage
16.86
Debt ≤ 1 year
€36k▼
2023 · €41k
Income taxes
€12k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €503 | - |
| Other operating charges640/8 | €384 | €449 | ▲ 16.9% |
| Gross operating margin9900 | €5k | €59k | ▲ 1,084% |
| Operating profit (loss)9901 | €5k | €58k | ▲ 1,161% |
| Financial charges65/66B | €146 | €3k | ▲ 2,291% |
| Recurring financial charges65 | €146 | €3k | ▲ 2,291% |
| Profit (loss) for the period before taxes9903 | €4k | €55k | ▲ 1,124% |
| Income taxes67/77 | €1k | €12k | ▲ 992% |
| Profit (loss) for the period9904 | €3k | €43k | ▲ 1,165% |
| Profit (loss) for the period to be appropriated9905 | €3k | €43k | ▲ 1,165% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €45k | €81k | ▲ 82.1% |
| Fixed assets21/28 | - | €2k | - |
| Tangible fixed assets22/27 | - | €2k | - |
| Furniture and vehicles24 | - | €2k | - |
| Current assets29/58 | €45k | €79k | ▲ 76.6% |
| Amounts receivable within one year40/41 | €10k | €22k | ▲ 116% |
| Trade receivables40 | €10k | €22k | ▲ 116% |
| Cash at bank and in hand54/58 | €24k | €47k | ▲ 97.1% |
| Deferred charges and accrued income490/1 | €11k | €10k | ▼ 7.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €45k | €81k | ▲ 82.1% |
| Equity10/15 | €4k | €45k | ▲ 1,107% |
| Contributions10/11 | €2k | €2k | = |
| Reserves13 | €2k | €43k | ▲ 2,361% |
| Distributable reserves133 | €2k | €43k | ▲ 2,361% |
| Amounts payable17/49 | €41k | €36k | ▼ 12.1% |
| Amounts payable within one year42/48 | €41k | €36k | ▼ 12.1% |
| Trade debts44 | €3k | €2k | ▼ 8.7% |
| Suppliers440/4 | €3k | €2k | ▼ 8.7% |
| Taxes, remuneration and social security45 | €3k | €22k | ▲ 681% |
| Taxes450/3 | €3k | €22k | ▲ 681% |
| Other amounts payable47/48 | €35k | €12k | ▼ 66.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €43k | ▲ 1,165% |
| + Depreciation and write-downs630 | - | €503 | - |
| Operating cash flow (approximation) | €3k | €44k | ▲ 1,180% |
| Change in cash | - | €23k | - |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.19
Current ratio from 1.09 to 2.19; short-term debt falls from €41k to €36k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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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Directors · office · real estate
Directors
1 act for this company is 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, Bilzen-Hoeselt · 1 establishment unit since 2023
Ground area
683 m²
Building footprint
140 m²
Volume, LiDAR
814 m³
Parcel 73032E0282/00B000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NEXT LEVEL DEVELOPMENT
since 20232.349.569.038
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032E0282/00B000 | Flanders | 683 m² | 1 · 140 m² | 10.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500TGGDH6MY1GIQ47
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TIME-MANAGE
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,195 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
Founded20-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.