ACTIVE

Levels

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Financial year 2022 · closed on 31/08/2022
Net result
-15,2 k €
-136.4% YoY
Gross margin
238,8 k €
+60.1% YoY
Equity
60 k €
-20.2% YoY
Workforce
4,0 ETP
-25.9% YoY

What does Levels do?

Levels is a Non-profit organization incorporated in 1995. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Brugge. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.666.507
Incorporation
05/04/1995
Legal form
Non-profit organization
Registered office
Spoorwegstraat 14
8200 Brugge · FlandreSee on map
Latest accounts
31/08/2022
Average workforce
4,0 ETP
Activities (NACE)
55302Camping grounds, recreational vehicle parks and trailer parks· main55510Accommodation56102Restaurants and mobile food service activities56112Restaurants and mobile food service activities56220Event catering and other food service activities56290Other food service activities
Joint committees (1)
  • 302
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20222020201920182017201620142013201220112009
Income statement
Gross margin238,8 k €149,1 k €375,5 k €402,5 k €402,7 k €417,8 k €439,3 k €410 k €457,7 k €344 k €324,3 k €
EBITDA-12,8 k €43,1 k €1 k €21,7 k €1,5 k €1,8 k €-2,8 k €-14 k €66,4 k €-64,6 k €-103,9 k €
Operating result-14,2 k €42,1 k €62,1 €20,3 k €-670 €-4,5 k €-11,6 k €-21,9 k €59,3 k €-67,6 k €-103,9 k €
Net result-15,2 k €41,7 k €381,7 €23,8 k €92,1 €-4,3 k €177,1 k €-15,4 k €56,9 k €-74,2 k €-104,9 k €
Balance sheet
Equity60 k €75,2 k €33,4 k €33,1 k €9,2 k €9,1 k €29,7 k €-147,4 k €-131,9 k €-188,8 k €-80,4 k €
Total assets79,9 k €86,7 k €131,5 k €98,5 k €136,9 k €106,9 k €148,5 k €117,3 k €203,1 k €136,7 k €39,5 k €
Cash50,3 k €51 k €10,9 k €29,8 k €25,2 k €30,8 k €35,2 k €22,3 k €105,3 k €71,9 k €18,7 k €
Debts19,9 k €11,5 k €98,1 k €65,3 k €127,5 k €97,7 k €118,7 k €264,7 k €335 k €325,5 k €119,9 k €
Other
Workforce4,0 ETP5,4 ETP8,6 ETP9,7 ETP9,5 ETP10,5 ETP10,3 ETP10,2 ETP10,0 ETP11,1 ETP11,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2022 · 10 active · 48 ended

Active mandates

Eddy Wouters

Director · since 18 mai 2021 · until 15 février 2026

Active
Erwin Van der Kelen

Chairman of the board of directors · since 18 mai 2021 · until 15 février 2026

Active
Jan Steverlynck

Director · since 18 mai 2021 · until 15 février 2026

Active
Jan Verhoeye

Director · since 18 mai 2021 · until 15 février 2026

Active
Johan De Neve

Managing director · since 18 mai 2021 · until 15 février 2026

Active
Mark Desmet

Director · since 18 mai 2021 · until 15 février 2026

Active
Peter Brysse

Director · since 18 mai 2021 · until 15 février 2026

Active
Carl De Keukelaere

Director · since 11 mai 2021 · until 20 juin 2022

Active
Lies Laridon

Director · since 16 mai 2019 · until 15 février 2026

Active
Guido De Brabander

Director · since 11 mai 2017 · until 18 mai 2021

Active

Ended mandates

Lies Laridon

Director · since 16 mai 2019 · until 16 mai 2025

Ended
Carl De Keukelaere

Director · since 11 mai 2017 · until 11 mai 2021

Ended
Carl De Keukelaere

Director · since 11 mai 2017 · until 13 mai 2021

Ended
Erwin Van der Kelen

Chairman of the board of directors · since 11 mai 2017 · until 11 mai 2021

Ended
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Annual accounts

Full financial information

202220202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/08/202231/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year20 months12 months12 months12 months12 months12 months
Filing date21/03/202325/06/202129/06/202024/06/201925/06/201827/06/2017
General meeting13/02/202318/05/202118/05/202016/05/201917/05/201811/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202213/02/202321/03/2023DutchPDF
Abridged model31/12/202018/05/202125/06/2021DutchPDF
Abridged model31/12/201918/05/202029/06/2020DutchPDF
Abridged model31/12/201816/05/201924/06/2019DutchPDF
Abridged model31/12/201717/05/201825/06/2018DutchPDF
Abridged model31/12/201611/05/201727/06/2017DutchPDF
Abridged model31/12/201421/05/201514/07/2015DutchPDF
Abridged model31/12/201315/05/201427/06/2014DutchPDF
Abridged model31/12/201206/06/201302/08/2013DutchPDF
Abridged model31/12/201110/05/201221/06/2012DutchPDF
Abridged model31/12/201019/05/201120/06/2011DutchPDF
Abridged model31/12/200927/05/201029/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/08/2022 · 10 active · 48 ended

Active mandates

Eddy Wouters

Director · since 18 mai 2021 · until 15 février 2026

Active
Erwin Van der Kelen

Chairman of the board of directors · since 18 mai 2021 · until 15 février 2026

Active
Jan Steverlynck

Director · since 18 mai 2021 · until 15 février 2026

Active
Jan Verhoeye

Director · since 18 mai 2021 · until 15 février 2026

Active
Johan De Neve

Managing director · since 18 mai 2021 · until 15 février 2026

Active
Mark Desmet

Director · since 18 mai 2021 · until 15 février 2026

Active
Peter Brysse

Director · since 18 mai 2021 · until 15 février 2026

Active
Carl De Keukelaere

Director · since 11 mai 2021 · until 20 juin 2022

Active
Lies Laridon

Director · since 16 mai 2019 · until 15 février 2026

Active
Guido De Brabander

Director · since 11 mai 2017 · until 18 mai 2021

Active

Ended mandates

Lies Laridon

Director · since 16 mai 2019 · until 16 mai 2025

Ended
Carl De Keukelaere

Director · since 11 mai 2017 · until 11 mai 2021

Ended
Carl De Keukelaere

Director · since 11 mai 2017 · until 13 mai 2021

Ended
Erwin Van der Kelen

Chairman of the board of directors · since 11 mai 2017 · until 11 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/03/2026
    Mandaat bestuurder & commissaris - beslissingen Algemene Vergadering
    PDF
  • Mandates21/11/2025
    Mandaat (gedelegeerd) bestuurder - beslissingen Algemene Vergadering &
    PDF
  • Mandates14/07/2025
    Mandaat gedelegeerd bestuurder & beslissingen raad van bestuur
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2023
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates16/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022-15,2 k €↓
  2. 2022
    Name changeLevels
  3. 2020
    Annual accounts 202041,7 k €↑
  4. 2019
    Annual accounts 2019381,7 €↓
  5. 2018
    Annual accounts 201823,8 k €↑
  6. 2017
    Annual accounts 201792,1 €↑
  7. 2016
    Annual accounts 2016-4,3 k €↓
  8. 2014
    Annual accounts 2014177,1 k €↑
  9. 2013
    Annual accounts 2013-15,4 k €↓
  10. 2012
    Annual accounts 201256,9 k €↑
  11. 2011
    Annual accounts 2011-74,2 k €↑
  12. 2009
    Annual accounts 2009-104,9 k €
  13. 2009
    Name changeDe Vriendenkring van het Vormingsinstituut voor K.M.O. West-Vlaanderen
  14. 05/04/1995
    IncorporationNon-profit organization