Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 277.9 to 219.3.
Financials
Financial year 2025
LEVI STRAUSS & co EUROPE from Elsene, company number BE0424656991, closed financial year 2025 with a result of € 115 million after tax. For that financial year LEVI STRAUSS & co EUROPE recorded revenue of € 1.6 billion and equity of € 827.8 million. Compared with financial year 2024, the result moved from € 10.5 million to € 115 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 827.8 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115 million
▲ € 104.5 million vs 2024
Profit after tax over the fiscal year.
€ 435,467
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 342 million.
People and assets in 2025
219.3
▼ 22.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 35.1 million
▼ 3% vs 2024
€ 160,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.7 million
▲ 53% vs 2024
Of which on lease € 2.1 million.
Debts at end 2025
€ 383.9 million
▼ 1% vs 2024
€ 594,754 is repaid this year. At this pace the long-term loan is gone in ≈ 645 years.
€ 203.6 million
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 49.4 million
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,401,836,390 | € 1,435,698,091 | € 1,453,171,322 | € 1,589,672,500 | ▲ 9% |
| Profit after taxes | € 125,593,931 | € 38,131,675 | € 10,523,049 | € 115,035,659 | ▲ € 104.5 million |
| Equity | € 454,153,848 | € 852,285,523 | € 712,808,572 | € 827,844,231 | ▲ 16% |
| Total debts | € 583,636,246 | € 623,148,385 | € 665,347,512 | € 636,851,265 | ▼ 4% |
| Cash | € 6,516,311 | € 406,165 | € 408,808 | € 435,467 | ▲ 7% |
| Retained profit | € 328,275,909 | € 366,407,584 | € 226,930,633 | € 341,966,292 | ▲ 51% |
| Dividend | € 0 | € 0 | € 150,000,000 | € 0 | ▼ 100% |
| Bank debt | € 393,757,956 | € 372,595,475 | € 387,273,559 | € 383,866,498 | ▼ 1% |
| Balance sheet total | € 1,042,755,230 | € 1,480,243,440 | € 1,384,338,110 | € 1,468,357,541 | ▲ 6% |
| Employees (FTE) | 271.4 | 277.9 | 241.5 | 219.3 | ▼ 22.2 |
Key figures of LEVI STRAUSS & co EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to LEVI STRAUSS & co EUROPE?
What happened at LEVI STRAUSS & co EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lucia Marcuzzo stepped down as director. NBB
- Brianna Carlsson stepped down as director. NBB
- Fabio Brunello stepped down as director. NBB
- Geert Van Schil stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 115 million (▲ € 104.5 million vs 2024). Source: NBB ↗
- Lucia Marcuzzo became a director. NBB
- Brianna Carlsson became a director. NBB
- Fabio Brunello became a director. NBB
In short
From € 125.6 million profit in 2022 to € 115 million profit in 2025.
Paid € 102.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 125.6 million profit.
Paid out € 150 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Levi Strauss Nederland B.V. (100%), Levi Strauss & Co (100%), Levi Strauss Continental NV (100%), Levi Strauss International Hong Kong (100%) and Levi Strauss International (100%). It owns 100% of Levi Strauss Benelux Retail, 100% of Levi Strauss Supply chain Services & Operations GmbH, 100% of Levi Strauss Bucharest, 100% of Levi Strauss UK Limited, 100% of LS Batwing Peru and 100% of Levi Strauss Bolivia SRL itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Brianna Carlsson
Director
since 2022 · until 2028
Fabio Brunello
Director
since 2022 · until 2028
since 2022 · until 2028
Shareholders
Levi Strauss Nederland B.V.
100%
Levi Strauss & Co
100%
Levi Strauss International Hong Kong
100%
Levi Strauss International
100%
Participations
Levi Strauss Bucharest
100%
LS Batwing Peru
100%
Levi Strauss Bolivia SRL
100%
Levi Strauss Chile Limitada
100%
Establishments
Establishment units
Physical locations of this company
Bolwerksquare 1A
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →Levi Strauss Continental same network
€ 46.7 million revenue · 2025
Student and Youth Tour Operator - Student and Youth Tour
Association belge pour la coopération au dévelppement - Belgische vereniging voor de ontwikkelingssamenwerking
LEVI STRAUSS INTERNATIONAL GROUP FINANCE COORDINATION SERVICES
LEVI STRAUSS BENELUX RETAIL same network
€ 11.3 million revenue · 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.656.991
- VAT number
- BE 0424.656.991
- Registered office
- Bolwerksquare 1A, 1050 Elsene
- Names & denominations
- LEVI STRAUSS & co EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1983
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Confectie van bovenkleding voor heren, dames en kinderen
Activiteiten van hoofdkantoren
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in huishoudtextiel en beddengoed
Vervaardiging van bovenkleding
Groothandel in textiel
Vervaardiging van andere bovenkleding