7 CONCEPT

Inactive

KBO/BCE: BE 0681.630.084

7 CONCEPT was declared bankrupt on 16-10-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 02-04-2024, published in the Belgian State Gazette on 11-04-2024.

Summary

Inactive; last annual accounts for fiscal year 2018.

Risk analysis Watch Report Compare

7 CONCEPTInactive

Risk analysis Report Compare

Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 27-09-2019, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2018

58 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2018 accounts 58 days after the deadline; the Belgian median for financial year 2018 is 2 days before the deadline, and 42% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

7 CONCEPT has filed annual accounts once, for fiscal year 2018.¹ The company was declared bankrupt on 16 October 2023; the bankruptcy was closed on 2 April 2024.²³

Financials · fiscal year 2018, micro schema

Turnover

€122,155

EBIT margin

1.4%

Net result

€770

Working capital

-€20,242

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €99,820

29.8%

70.2%

Fixed assets €29,712

Current assets €70,108

Equity and liabilities €99,820

90.5%

Equity €9,470

Debt €90,349

Debt finances 90.5% of the balance-sheet total.

Key figures and ratios

2018 value

EBITDA

€5,966

Cash flow

€4,988

Current ratio

0.78

Quick ratio

0.73

ROE

8.1%

ROA

0.8%

Debt ≤ 1 year

€90,349

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2018 · 22 lines

Balance sheet Code2018

Assets

Total assets20/58€99,820

Fixed assets21/28€29,712

Tangible fixed assets22/27€29,712

Current assets29/58€70,108

Stocks and contracts in progress3€3,979

Amounts receivable within one year40/41€62,823

Cash at bank and in hand54/58€3,305

Equity and liabilities

Total equity and liabilities10/49€99,820

Equity10/15€9,470

Contributions10/11€8,700

Profit (loss) carried forward14€770

Amounts payable17/49€90,349

Amounts payable within one year42/48€90,349

Trade debts44€53,737

Income statement Code2018

Turnover70€122,155

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,218

Gross operating margin9900€16,581

Operating profit (loss)9901€1,748

Recurring financial charges65€978

Profit (loss) for the period before taxes9903€770

Profit (loss) for the period9904€770

Profit (loss) for the period to be appropriated9905€770

Line	2018
Turnover70	€122,155
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€4,218
Gross operating margin9900	€16,581
Operating profit (loss)9901	€1,748
Recurring financial charges65	€978
Profit (loss) for the period before taxes9903	€770
Profit (loss) for the period9904	€770
Profit (loss) for the period to be appropriated9905	€770

Line	2018
Assets
Total assets20/58	€99,820
Fixed assets21/28	€29,712
Tangible fixed assets22/27	€29,712
Current assets29/58	€70,108
Stocks and contracts in progress3	€3,979
Amounts receivable within one year40/41	€62,823
Cash at bank and in hand54/58	€3,305
Equity and liabilities
Total equity and liabilities10/49	€99,820
Equity10/15	€9,470
Contributions10/11	€8,700
Profit (loss) carried forward14	€770
Amounts payable17/49	€90,349
Amounts payable within one year42/48	€90,349
Trade debts44	€53,737

Line	2018
Profit (loss) for the period9904	€770
+ Depreciation and write-downs630	€4,218
Operating cash flow (approximation)	€4,988

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2024

11-04

Bankruptcy Bankruptcy closure (insufficient assets)

Tribunal de l’entreprise de Liège, division Liège · event 02-04-2024

2023

23-10

Bankruptcy Opening

Tribunal de l’entreprise de Liège, division Liège · event 16-10-2023

2019

27-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 58 days late

SignalNBB filing

0 of 5 acts read

About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	MARINA FABBRICOTTI RUE DES SOEURS GRISES 13, 4500 HUY	16-10-2023 → 02-04-2024