Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
LEVACO from Ieper, company number BE0475603272, closed financial year 2025 with a result of € -7,466 after tax. For that financial year LEVACO recorded a gross margin of € 71,724 and equity of € 859,071. Compared with financial year 2024, the result moved from € -4,015 to € -7,466. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 859,071
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,466
▼ 86 % more loss than in 2024
Profit after tax over the fiscal year.
€ 53,026
▲ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -167,929.
Debts at end 2025
€ 295,971
▼ 9% vs 2024
€ 30,390 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 23,488
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,654
▲ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,695 | € 71,864 | € 73,239 | € 71,724 | ▼ 2% |
| Profit after taxes | € 2,563 | € -6,423 | € -4,015 | € -7,466 | ▼ € 3,451 |
| Equity | € 876,976 | € 870,553 | € 866,537 | € 859,071 | ▼ 1% |
| Total debts | € 471,169 | € 434,900 | € 402,879 | € 382,148 | ▼ 5% |
| Cash | € 9,328 | € 25,978 | € 32,905 | € 53,026 | ▲ 61% |
| Land & buildings | € 1,226,833 | € 1,176,359 | € 1,125,884 | € 1,098,201 | ▼ 2% |
| Retained profit | € -150,024 | € -156,447 | € -160,463 | € -167,929 | ▼ € 7,466 |
| Bank debt | € 393,144 | € 355,686 | € 325,831 | € 295,971 | ▼ 9% |
| Balance sheet total | € 1,348,145 | € 1,305,452 | € 1,269,416 | € 1,241,219 | ▼ 2% |
Key figures of LEVACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LEVACO?
What happened at LEVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,466. Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,563 profit in 2022 to € 7,466 loss in 2025.
Best year ever: 2022, with € 2,563 profit.
Management
Behind LEVACO are Norbert Van Isacker and Micheline Van Isacker. The same people are also behind VIC. Norbert Van Isacker is also behind LEMAHIEU AGRO, CNOPAT and IVAMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Veurnseweg 21
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.603.272
- VAT number
- BE 0475.603.272
- Registered office
- Veurnseweg 21, 8900 Ieper
- Names & denominations
- LEVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2001
- Peppol
- Active · Active since 10 Dec 2025
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