Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
G-LEVEL from Hasselt, company number BE0860547673, closed financial year 2025 with a result of € -115,984 after tax. For that financial year G-LEVEL recorded a gross margin of € 156,540 and equity of € 169,814. Compared with financial year 2024, the result moved from € -88,735 to € -115,984. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 169,814
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,984
▼ 31 % more loss than in 2024
Profit after tax over the fiscal year.
€ 24,420
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 151,214.
People and assets in 2025
4.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 206,222
▲ 10% vs 2024
€ 46,900 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.
€ 1,472
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 131,124
▼ 14% vs 2024
€ 73,019 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 120,152
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,527
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 135,524 | € 74,799 | € 176,484 | € 156,540 | ▼ 11% |
| Profit after taxes | € -87,635 | € -143,676 | € -88,735 | € -115,984 | ▼ € 27,249 |
| Equity | € 518,210 | € 374,534 | € 285,799 | € 169,814 | ▼ 41% |
| Total debts | € 478,699 | € 427,402 | € 372,707 | € 367,959 | ▼ 1% |
| Cash | € 47,446 | € 30,740 | € 30,244 | € 24,420 | ▼ 19% |
| Retained profit | € 499,610 | € 355,934 | € 267,199 | € 151,214 | ▼ 43% |
| Bank debt | € 294,896 | € 223,519 | € 152,394 | € 131,124 | ▼ 14% |
| Balance sheet total | € 996,908 | € 801,935 | € 658,506 | € 537,773 | ▼ 18% |
| Employees (FTE) | 4.4 | 4.4 | 4 | 4.4 | ▲ 0.4 |
Key figures of G-LEVEL, 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 G-LEVEL?
What happened at G-LEVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 115,984. Source: NBB ↗
- Perfine became a director. NBB
- Jeans Station became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hasselt. KBO
In short
From € 87,635 loss in 2022 to € 115,984 loss in 2025.
Paid € 3,181 in corporate taxes since 2022.
On average € 35,600 of value added per employee in 2025.
Management
The stake of PERFINE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
G-LEVELBehind G-LEVEL are Perfine and Jeans Station. The shares are held by PERFINE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ellen André's
since 2023
Director · represented by Ivo Schepers
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Genkersteenweg 245
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0860.547.673
- VAT number
- BE 0860.547.673
- Registered office
- Genkersteenweg 245, 3500 Hasselt
- Names & denominations
- G-LEVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2003
- Peppol
- Active · Active since 25 Jun 2025
- Contact
- glevel.be
- Activities · NACE
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
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