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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
High Level from Gent, company number BE0883631990, closed financial year 2025 with a result of € -21,428 after tax. For that financial year High Level recorded a gross margin of € 18,185 and equity of € 13,055. Compared with financial year 2024, the result moved from € 19,233 to € -21,428. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 2, 2026.
€ 13,055
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,428
▼ still € 19,233 profit in 2024
Profit after tax over the fiscal year.
€ 356
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 655.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,293
▼ 35% vs 2024
Of which on lease € 18,243.
Debts at end 2025
€ 58,585
▼ 41% vs 2024
€ 26,488 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,040
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,521
▼ 64% 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 | € 35,542 | € 46,949 | € 66,829 | € 18,185 | ▼ 73% |
| Profit after taxes | € -6,906 | € 999 | € 19,233 | € -21,428 | ▼ € 40,660 |
| Equity | € 31,946 | € 26,109 | € 34,483 | € 13,055 | ▼ 62% |
| Total debts | € 214,482 | € 160,939 | € 125,651 | € 80,920 | ▼ 36% |
| Cash | € 15,964 | € 14,966 | € 17,493 | € 356 | ▼ 98% |
| Land & buildings | € 79,827 | € 63,679 | € 47,532 | € 34,929 | ▼ 27% |
| Retained profit | € 19,546 | € 13,709 | € 22,083 | € 655 | ▼ 97% |
| Dividend | € 0 | € 6,836 | € 10,859 | € 0 | ▼ 100% |
| Bank debt | € 147,193 | € 123,582 | € 99,068 | € 58,585 | ▼ 41% |
| Balance sheet total | € 246,428 | € 187,048 | € 160,134 | € 93,975 | ▼ 41% |
Key figures of High 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 30 January 2027.
What happened to High Level?
What happened at High 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 € 21,428 (▼ € 40,660 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Liesbeth Nowé became a director. NBB
In short
From € 6,906 loss in 2022 to € 21,428 loss in 2025.
Paid € 8,649 in corporate taxes since 2022.
Best year ever: 2024, with € 19,233 profit.
Paid out € 17,695 in dividends to the owners in total.
Management
Behind High Level is Liesbeth Nowé.
Directors
According to the 2025 annual accounts
Liesbeth Nowé
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Kwaadham 26 box 1/1
9000 Gent
Kwaadham 26 box 1
9000 Gent
Active since 1 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Nowé Liesbeth(oprichter) 100%
Details
- Company number
- 0883.631.990
- VAT number
- BE 0883.631.990
- Registered office
- Kwaadham 26 bus 1/1, 9000 Gent
- Names & denominations
- High Level · Beleaf powered by High Level
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2006
- Peppol
- Active · Active since 11 Jan 2026
- Activities · NACE
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