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Levels

Active Risk: very low
Non-profit associationfounded 199531 years activeSpoorwegstraat 14, 8200 Brugge, BelgiumKBO/BCE: BE 0455.666.507
Summary

Levels has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €59,983 and a net result of -€15,174. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 2,567 sector peers (NACE 56, fiscal year 2022). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Contract catering and other food service activities
NACE 56220Limited-service restaurants, excluding mobile food services NACE 56112
4 sites
Size
€79,907total assets 2022
Staff
4 FTE
Equity
€59,983
Loss
-€15,174
Turnover not published (abridged schema)
Financial health
Bankruptcy probabilitywithin 12 months
0.1%
2022 figures too old to score
Structure
Board
12 members
Auditor: VRC BEDRIJFSREVISOREN BVAccounts 10 days early
Signals- Figures for FY 2022 (filed 24-03-2023)+ Legal form Non-profit association+ Liquidity: current ratio 3.70, cash €50,340+ Founded in 1995Latest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Financial strength, FY 2022 · tick = 2020
Strong
Solvency 100=
equity 75.1% of total assets
Liquidity 91-7
short-term debt 24.9% · cash 63.0%
Profitability 0-100
return on assets -19.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,697 companies)
Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● unchanged vs 11-2024 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%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 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 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
lowers risk · Liquidity: current ratio 3.70, cash €50,340
NBB · annual accounts
raises risk · Figures for FY 2022 (filed 24-03-2023)
NBB · annual accounts
lowers risk · Founded in 1995
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2022 was due by 31-03-2023 and was filed on 21-03-2023, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2022
10 days early
2020
36 days early
2019
32 days early
2018
37 days early
2017
36 days early
2016
34 days early
2014
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2022 is 16 days after the deadline, and 56% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: BV VRC Bedrijfsrevisoren (statutory auditor)Appointment: Adagia Fiscalia BV (director)…
  2. Appointment: Frank Cloetens (director)Resignation: Johan De Neve CommV…
  3. Resignation: Marie van Looveren (gedelegeerd bestuurder…Appointments: Johan De Neve CommV…

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Board changedlatest change 23-02-2026 · 12 in office 1 joined · 1 left View
  • Positive: Among the best 9% on solvencysector median 29.0% · 2,567 companies 75.1% View

By topic

Financials

Fiscal year
2022
Total assets
€79,907
Loss
-€15,174
Solvency
75.1%
Total assets▼ 7.8%
Net result
20182022
Go to Financials

Board & ownership

Board
12 members
Auditor
VRC BEDRIJFSREVISOREN BV
  • Johan De NeveChair
  • Johan De NeveChair
  • VAN DER KELEN ErwinDirector
  • Lies LaridonDirector
  • Jan SteverlynckDirector

and 7 other directors

Go to Board & ownership

Timeline

Events
36
Since
2005
  1. 10-03-2025Reappointments: Johan De Neve, Erwin Van der…
  2. 23-04-2024Resignation: Johan De Neve (director)
  3. 05-10-2023Reappointment: VRC-Bedrijfsrevisoren (statutory auditor)
Go to Timeline

Company details

Sites
4
Legal form
Non-profit association
Activity
Contract catering and other food service activitiesNACE 56220
Founded
05-04-1995
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het creëren en stimuleren van allerhande initiatieven binnen het kader van opleidingen…
Go to Articles of association

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