QLEVR
ActiveSummary
QLEVR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €-2.43M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Credit check for your own amount and term
Signals
Checked, nothing found (2)
Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
The notes to these accounts (119 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €10.95M | €11.58M | €10.65M | €10.03M | €9.88M | ▼ 1.4% |
| Turnover70 | €10.46M | €11.07M | €10.15M | €9.49M | €9.22M | ▼ 2.8% |
| Other operating income74 | €497k | €508k | €494k | €540k | €662k | ▲ 22.6% |
| Non-recurring operating income76A | €0 | - | - | - | €3k | - |
| Operating charges60/66A | €9.43M | €11.61M | €11.73M | €11.32M | €11.20M | ▼ 1.1% |
| Goods for resale, raw materials and consumables60 | €4.57M | €4.98M | €4.86M | €4.31M | €4.07M | ▼ 5.5% |
| Purchases600/8 | €5.08M | €5.98M | €4.81M | €3.96M | €3.73M | ▼ 5.8% |
| Change in stocks: decrease (increase)609 | €-505k | €-998k | €58k | €347k | €338k | ▼ 2.6% |
| Services and other goods61 | €3.13M | €3.88M | €4.10M | €4.31M | €4.11M | ▼ 4.7% |
| Remuneration, social security and pensions62 | €1.17M | €1.35M | €1.59M | €1.63M | €1.24M | ▼ 23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €558k | €405k | €315k | €298k | €302k | ▲ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-1k | €69k | €423k | €183k | €294k | ▲ 60.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-21k | €0 | - | - | - | - |
| Other operating charges640/8 | €3k | €2k | €3k | €9k | €4k | ▼ 48.3% |
| Non-recurring operating charges66A | €18k | €916k | €439k | €585k | €1.18M | ▲ 102% |
| Operating profit (loss)9901 | €1.52M | €-29k | €-1.09M | €-1.29M | €-1.31M | ▼ 1.7% |
| Financial income75/76B | €791 | €30k | €51k | €43k | €35k | ▼ 18.6% |
| Recurring financial income75 | €791 | €30k | €51k | €43k | €35k | ▼ 18.6% |
| Income from financial fixed assets750 | - | - | - | €11k | €12k | ▲ 2.0% |
| Income from current assets751 | €556 | €19k | €39k | €26k | €17k | ▼ 35.4% |
| Other financial income752/9 | €235 | €12k | €12k | €5k | €6k | ▲ 20.2% |
| Financial charges65/66B | €187k | €359k | €718k | €1.03M | €1.14M | ▲ 10.7% |
| Recurring financial charges65 | €187k | €359k | €718k | €1.03M | €1.14M | ▲ 10.7% |
| Debt charges650 | €103k | €244k | €577k | €917k | €1.05M | ▲ 14.7% |
| Other financial charges652/9 | €84k | €115k | €141k | €117k | €92k | ▼ 21.2% |
| Profit (loss) for the period before taxes9903 | €1.33M | €-358k | €-1.75M | €-2.28M | €-2.42M | ▼ 6.2% |
| Income taxes67/77 | €324k | €-8k | €11k | €4k | €3k | ▼ 26.6% |
| Taxes670/3 | €324k | €3k | €11k | €4k | €3k | ▼ 26.2% |
| Tax adjustments and reversals of tax provisions77 | €0 | €11k | €0 | - | €21 | - |
| Profit (loss) for the period9904 | €1.01M | €-350k | €-1.76M | €-2.29M | €-2.43M | ▼ 6.1% |
| Transfer from tax-exempt reserves789 | €19k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.03M | €-350k | €-1.76M | €-2.29M | €-2.43M | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.55M | €19.02M | €19.76M | €17.77M | €16.20M | ▼ 8.8% |
| Formation expenses20 | €8k | €7k | €5k | €4k | €3k | ▼ 36.0% |
| Fixed assets21/28 | €13.57M | €13.32M | €14.65M | €14.60M | €14.15M | ▼ 3.1% |
| Intangible fixed assets21 | €533k | €313k | €1.03M | €1.03M | €602k | ▼ 41.4% |
| Tangible fixed assets22/27 | €186k | €154k | €194k | €131k | €101k | ▼ 22.8% |
| Plant, machinery and equipment23 | €73k | €74k | €56k | €32k | €22k | ▼ 32.3% |
| Furniture and vehicles24 | €32k | €23k | €32k | €21k | €9k | ▼ 57.0% |
| Leasing and similar rights25 | - | - | €34k | €25k | €17k | ▼ 34.7% |
| Other tangible fixed assets26 | €81k | €57k | €71k | €53k | €54k | ▲ 2.6% |
| Financial fixed assets28 | €12.85M | €12.85M | €13.43M | €13.44M | €13.45M | ▲ 0.1% |
| Affiliated companies280/1 | €12.85M | €12.85M | €13.43M | €13.44M | €13.45M | ▲ 0.1% |
| Participating interests280 | €12.85M | €12.85M | €12.85M | €12.85M | €12.85M | = |
| Amounts receivable281 | - | - | €572k | €584k | €595k | ▲ 2.0% |
| Other financial fixed assets284/8 | - | - | - | €3k | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €3k | €0 | ▼ 100% |
| Current assets29/58 | €3.97M | €5.69M | €5.11M | €3.17M | €2.05M | ▼ 35.3% |
| Stocks and contracts in progress3 | €1.93M | €2.63M | €2.08M | €1.59M | €1.14M | ▼ 28.3% |
| Stocks30/36 | €1.93M | €2.63M | €2.08M | €1.59M | €1.14M | ▼ 28.3% |
| Raw materials and consumables30/31 | €203k | €483k | €243k | €94k | €0 | ▼ 100% |
| Goods purchased for resale34 | €1.36M | €2.01M | €1.77M | €1.40M | €864k | ▼ 38.1% |
| Advance payments36 | €366k | €137k | €69k | €98k | €274k | ▲ 180% |
| Amounts receivable within one year40/41 | €1.40M | €2.59M | €2.62M | €1.17M | €468k | ▼ 59.9% |
| Trade receivables40 | €796k | €542k | €701k | €399k | €418k | ▲ 4.9% |
| Other amounts receivable41 | €601k | €2.05M | €1.92M | €768k | €49k | ▼ 93.6% |
| Cash at bank and in hand54/58 | €416k | €191k | €122k | €176k | €282k | ▲ 60.3% |
| Deferred charges and accrued income490/1 | €221k | €284k | €286k | €234k | €159k | ▼ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.55M | €19.02M | €19.76M | €17.77M | €16.20M | ▼ 8.8% |
| Equity10/15 | €3.42M | €3.07M | €1.30M | €-986k | €1.09M | ▲ 210% |
| Contributions10/11 | €63k | €63k | €63k | €63k | €4.56M | ▲ 7,200% |
| Capital10 | €63k | €63k | €63k | €63k | €4.56M | ▲ 7,200% |
| Issued capital100 | €63k | €63k | €63k | €63k | €4.56M | ▲ 7,200% |
| Reserves13 | €3.35M | €3.00M | €1.24M | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €3.35M | €3.00M | €1.23M | €0 | - | - |
| Profit (loss) carried forward14 | - | - | - | €-1.05M | €-3.48M | ▼ 230% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0 | - | - | - | - | - |
| Pensions and similar obligations160 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €14.13M | €15.96M | €18.46M | €18.75M | €15.11M | ▼ 19.4% |
| Amounts payable after more than one year17 | €11.05M | €10.45M | €11.87M | €12.80M | €11.89M | ▼ 7.1% |
| Financial debts170/4 | €11.05M | €10.45M | €11.87M | €12.80M | €11.89M | ▼ 7.1% |
| Subordinated loans170 | - | - | €4.80M | €7.16M | €6.02M | ▼ 15.8% |
| Leasing and similar obligations172 | - | - | €26k | €17k | €8k | ▼ 52.9% |
| Credit institutions173 | €11.05M | €8.95M | €7.05M | €5.63M | €5.86M | ▲ 4.1% |
| Other loans174 | €0 | €1.50M | €0 | - | - | - |
| Amounts payable within one year42/48 | €2.99M | €5.41M | €6.53M | €5.88M | €3.16M | ▼ 46.3% |
| Current portion of amounts payable after more than one year42 | €1.05M | €2.10M | €1.41M | €1.43M | €386k | ▼ 72.9% |
| Financial debts43 | - | €1.07M | €1.00M | €1.00M | €600k | ▼ 40.0% |
| Credit institutions430/8 | - | €1.07M | €1.00M | €1.00M | €600k | ▼ 40.0% |
| Trade debts44 | €985k | €1.25M | €3.07M | €2.26M | €2.01M | ▼ 11.1% |
| Suppliers440/4 | €985k | €1.25M | €3.07M | €2.26M | €2.01M | ▼ 11.1% |
| Advances received on contracts in progress46 | - | - | €16k | €0 | - | - |
| Taxes, remuneration and social security45 | €269k | €124k | €178k | €157k | €140k | ▼ 10.8% |
| Taxes450/3 | €145k | €0 | €10k | €3k | €8k | ▲ 131% |
| Remuneration and social security454/9 | €124k | €124k | €168k | €154k | €133k | ▼ 13.8% |
| Other amounts payable47/48 | €685k | €871k | €854k | €1.04M | €24k | ▼ 97.7% |
| Accrued charges and deferred income492/3 | €90k | €92k | €55k | €67k | €65k | ▼ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.01M | €-350k | €-1.76M | €-2.29M | €-2.43M | ▼ 6.1% |
| + Depreciation and write-downs630 | €558k | €405k | €315k | €298k | €302k | ▲ 1.5% |
| Operating cash flow (approximation) | €1.57M | €55k | €-1.45M | €-1.99M | €-2.13M | ▼ 6.8% |
| Investment in fixed assets (approximation) | - | €-153k | €-1.64M | €-249k | €144k | ▲ 158% |
| Change in cash | - | €-226k | €-69k | €54k | €106k | ▲ 98.1% |
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
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B1641/00Y000 | Flanders | 5,836 m² | 1 · 2,342 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Structure & network
Ownership & control
1 parent companyRecognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.