Equity
€74,359 ▲ 63.5%
NEXT LEVEL DEVELOPMENT paid out €1,666 in dividends. That is 5% of the 2025 profit.
NEXT LEVEL DEVELOPMENT
Overview
Lifetime
3 annual accounts with figures on one time axispeak €59,410 (2024)
€43,514▼ 26.8%
peak €43,424 (2024)
€30,552▼ 29.6%
peak €74,359 (2025)
€74,359▲ 63.5%
€25,672▼ 28.7%
Board1 name since 2023
1 directorVOORDECKERS Frederik
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €59,410 to €43,514Result from €43,424 to €30,552Dividend €1,666Equity from €45,473 to €74,359Debts from €36,011 to €25,672Cash from €47,105 to €3,704
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 63% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.3 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 3.84, cash €3,704, halved
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 22-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 68% of them on solvency, 20% on liquidity, 82% on profitability and 83% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as NEXT LEVEL DEVELOPMENT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NEXT LEVEL DEVELOPMENT itself is lower: 0.3% within 12 months. It rests on far more data about NEXT LEVEL DEVELOPMENT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for NEXT LEVEL DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.84 (2.19 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 3.7% of total assets. 25.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
39 days early
2024
34 days early
2023
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 35 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000053667
Incorporation
Founding capital of €2,000, 100 shares · Founder: VOORDECKERS Frederik · Appointment: VOORDECKERS Frederik (director) · published on 22-09-2023 · Gazette deed
First establishment
Canadastraat 4, Bilzen-Hoeselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEXT LEVEL DEVELOPMENT Bilzen-Hoeselt | €100,031 | €43,514 | 74.3% | - |
| G.P. Consulting Bilzen-Hoeselt | €109,966 | €47,148 | 63.0% | - |
| C-Shine Digital Zutendaal | €99,796 | €41,281 | 48.3% | - |
| HCP CONSULTING Sint-Truiden | €96,301 | €48,741 | 73.0% | - |
| MD Consulting Hasselt | €87,581 | €46,770 | 79.4% | - |
| Croux ICT Maaseik | €93,416 | €49,757 | 83.5% | - |
| JB STRATEGY & DESIGN Sint-Truiden | €93,187 | €39,826 | 78.5% | - |
These companies have the same main activity as NEXT LEVEL DEVELOPMENT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €87,600 and €110,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 20-09-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.349.569.0383730 Bilzen-Hoeselt, since 20-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-07-2024
Annual accounts 2025
- €43,514▼ 26.8%
- €30,552▼ 29.6%
- €74,359▲ 63.5%
- €100,031▲ 22.8%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on NEXT LEVEL DEVELOPMENT
NEXT LEVEL DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from €5,020 in 2023 to €43,514 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadline€43,514
▼ 26.8%
€41,867
▼ 28.4%
€30,552
▼ 29.6%
€72,891
▲ 69.4%
74.3%
▲ 18.5 percentage points
3.84
▲ 1.64
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €120,000 and €200,000.
Balance sheet
balance sheet total €100,031 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
74.3%
Higher than 67% of 21,208 companies in 2025.
3.84
Higher than 67% of 20,571 companies in 2025.
30.5%
Higher than 68% of 20,746 companies in 2025.
NEXT LEVEL DEVELOPMENT
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
100,031 | 81,484 | 44,747 | |
21/28 |
1,468 | 2,453 | - | |
22/27 |
1,468 | 2,453 | - | |
24 |
1,468 | 2,453 | - | |
29/58 |
98,563 | 79,031 | 44,747 | |
40/41 |
9,289 | 22,104 | 10,238 | |
40 |
9,105 | 22,104 | 10,238 | |
41 |
184 | - | - | |
50/53 |
78,469 | - | - | |
54/58 |
3,704 | 47,105 | 23,896 | |
490/1 |
7,102 | 9,822 | 10,613 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
100,031 | 81,484 | 44,747 | |
10/15 |
74,359 | 45,473 | 3,767 | |
10/11 |
2,000 | 2,000 | 2,000 | |
13 |
72,359 | 43,473 | 1,767 | |
133 |
72,359 | 43,473 | 1,767 | |
17/49 |
25,672 | 36,011 | 40,980 | |
42/48 |
25,672 | 36,011 | 40,980 | |
44 |
2,115 | 2,482 | 2,719 | |
440/4 |
2,115 | 2,482 | 2,719 | |
45 |
14,772 | 21,771 | 2,786 | |
450/3 |
14,772 | 21,771 | 2,786 | |
47/48 |
8,786 | 11,758 | 35,474 | |
| Income statement | ||||
9900 |
43,514 | 59,410 | 5,020 | |
630 |
985 | 503 | - | |
640/8 |
662 | 449 | 384 | |
9901 |
41,867 | 58,457 | 4,635 | |
75/76B |
4 | - | - | |
75 |
4 | - | - | |
65/66B |
2,670 | 3,497 | 146 | |
65 |
2,670 | 3,497 | 146 | |
9903 |
39,202 | 54,960 | 4,489 | |
67/77 |
8,650 | 11,536 | 1,056 | |
9904 |
30,552 | 43,424 | 3,433 | |
9905 |
30,552 | 43,424 | 3,433 | |
| Appropriation of the result | ||||
9906 |
30,552 | 43,424 | 3,433 | |
691/2 |
28,886 | 41,706 | 1,767 | |
6921 |
28,886 | 41,706 | 1,767 | |
694/7 |
1,666 | 1,718 | 1,666 | |
694 |
1,666 | 1,718 | 1,666 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 42,853 | 58,961 | - | ||
| 31,537 | 43,928 | - | ||
| 0 | 2,957 | - | ||
| -43,402 | 23,210 | - | ||
| 72,891 | 43,020 | 3,767 | ||
| 74.3% | 55.8% | 8.4% | ||
| 3.84 | 2.19 | 1.09 | ||
| 0.35 | 0.79 | 10.88 | ||
| 41.1% | 95.5% | 91.1% | ||
| 30.5% | 53.3% | 7.7% | ||
| 16.05 | 16.86 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €2,957 | - |
| €985 | €503 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on NEXT LEVEL DEVELOPMENT
The operating result for 2025 is 28% lower than in 2024.
Debt's share of the balance-sheet total falls from 44.2% to 25.7%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 22-09-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 22-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 22-09-2023
Mandates through the years
1 name, the dashed line is todayVOORDECKERS Frederik
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VOORDECKERS Frederik
- Director (not named in the articles), appointed by deed of 22-09-2023, still in office
Control
Founder
This company
NEXT LEVEL DEVELOPMENT
Equity €74,359
Profit €30,552 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €744 in 2025
- Source
- deed of 22-09-2023
Articles of association
deed of 22-09-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 22-09-2023 ↗
- VOORDECKERS Frederik 100 shares (100%) · €2,000 in cash
Network & group
No group
NEXT LEVEL DEVELOPMENT has no parent and no holdings in its annual accounts. VOORDECKERS Frederik is the only director. NEXT LEVEL DEVELOPMENT shares no director with another company.
The LEI register names no parent.
At the same address
Canadastraat 4, 3730 Bilzen-Hoeselt · 1 other company| Alken Basket Ball Club
registered office since 01-12-1976 |
founded in 1976 0417.028.932 |
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 39 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Highest result from 2023 to 2025 net €43,424 ▲1,165% The operating result of €58,457 and the net result of €43,424 are both a record.
Liquidity doubles current ratio 2.19 The current ratio rises from 1.09 to 2.19. Short-term debt falls from €40,980 to €36,011.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1000053667
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
2023
IncorporationFounding capital of €2,000, 100 shares · Founder: VOORDECKERS Frederik · Appointment: VOORDECKERS Frederik (director) · published on 22-09-20235 points ▸
- Founder, VOORDECKERS Frederik
- Founding capital, €2,000, 100 shares
- Registered office clause, Populierenstraat 4, 3730 Hoeselt
- Board rule, 1
- Director appointment, VOORDECKERS Frederik (director (not named in the articles))
- The deed holds 7 more points.
First establishment Canadastraat 4, Bilzen-Hoeselt
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 20 September 2023, NEXT LEVEL DEVELOPMENT was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 VOORDECKERS Frederik is director of the company, appointed by deed of 22-09-2023.2 Total assets went from €44,747 in 2023 to €100,031 in 2025.3
Company details
Identity
- Enterprise number
- 1000.053.667
- VAT number
- BE 1000.053.667
- Peppol ID
- 0208:1000053667
- Other Peppol ID
- 9925:BE1000053667
- LEI code
- 875500TGGDH6MY1GIQ47 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-09-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 22-09-2023 (in Dutch)
- Peppol
- Reachable since 15-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NEXT LEVEL DEVELOPMENT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-09-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 22-09-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma’s; Computerconsultancy-activiteiten; Overige diensten op het gebied van…”deed of 22-09-2023 (in Dutch)
18 activities
- Ontwerpen en programmeren van computerprogramma’s;
- Computerconsultancy-activiteiten;
- Overige diensten op het gebied van informatietechnologie en computer;
- Gegevensverwerking,webhosting en aanverwante activiteiten;
- Webportalen;
- Activiteiten van grafische designers;
- Overige activiteiten van gespecialiseerde designer;
- Overig adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering;
- Overige zakelijke dienstverlening;
- Overige vormen van onderwijs.
- 1. de aan- en verkoop van onroerende goederen,het in erfpacht nemen en geven van onroerende goederen,het bouwrijp maken van terreinen,het bebouwen ervan met woningen en appartementen met het oog op de tekoopstelling,het verwerven,verbeteren,inrichten,bezitten en beheren van onroerende goederen van alle aard;
- 2. het verhuren en ter beschikking stellen onder alle vormen van alle onroerende goederen van alle bestemmingen;
- 3. adviesverlening inzake onroerende goederen en onroerende beleggingen;
- 4. het beleggen van vermogens,het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede alle herstellingen die rechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing,de aan- en verkoop,de huur en verhuring van deze goederen,alsmede de borgstelling voor de goede afloop van verbintenissen voor derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- 5. de verwerving,vervreemding,het beheer,de uitbating,de valorisatie,het huren en verhuren,de ordening,de verkaveling,het doen bouwen of verbouwen,de procuratie,de handel in onroerende goederen,dit in de ruimste zin van het woord met inbegrip van onroerende leasing.
- 6. de uitoefening voor rekening van derden van de activiteit van vastgoedmakelaar zijnde de activiteiten van bemiddelaar met het oog op de verkoop,aankoop,ruil,verhuring of afstand van onroerende goederen,onroerende rechten of handelsfondsen alsmede de activiteiten van beheerder van goederen die instaat voor ofwel het beheer van onroerende goederen of rechten,ofwel het syndicusschap van onroerende goederen in mede-eigendom.
- Het aanleggen,oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de vennootschap mag tevens de bedrijvigheden coördineren die betrekking hebben op de gehele en gedeeltelijke uitvoering van voltooiingwerken door onderaannemers;
- Het aanleggen,oordeelkundig uitbouwen en beheren van een roerend vermogen,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Canadastraat 4 registered office 3730 Bilzen-Hoeselt | 20-09-2023 | 2.349.569.038 |
Buildings and parcels at the address
- Ground area
- 683 m²
- Buildings
- 140 m²
- Volume, LiDAR
- 814 m³
- Tallest building
- 10.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73032E0282/00B000 | 683 m² | 1 · 140 m² | 10.7 m · 2 |