AAA CONCEPT
ActiveSummary
AAA CONCEPT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,451 and a net result of €3,743. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 1532 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-1
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 3.2 against 3.81 in 2024; short-term debt: 26% and cash: 61.1% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
6.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-12-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
12 d late
2023
1 d early
2022
5 d early
2021
5 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€42,451▼ 20.8%
2024 · €53,589
Total assets
€57,329▼ 17.7%
2024 · €69,616
Net result
€3,743▼ 29.4%
2024 · €5,302
Working capital
€32,710▼ 27.3%
2024 · €45,023
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€20,661▼ 66.0%€7,547▼ 63.5%-€200€7,385€7,084▼ 4.1%
Net result€19,096▼ 68.5%€6,405▼ 66.5%-€427€5,302€3,743▼ 29.4%
Equity€42,309▲ 82.3%€48,713▲ 15.1%€48,286▼ 0.9%€53,589▲ 11.0%€42,451▼ 20.8%
Total assets€100,379▲ 48.3%€70,000▼ 30.3%€67,631▼ 3.4%€69,616▲ 2.9%€57,329▼ 17.7%
Debt€58,071▲ 30.5%€21,287▼ 63.3%€19,344▼ 9.1%€16,028▼ 17.1%€14,878▼ 7.2%
Working capital€3,728▼ 83.9%€18,548▲ 398%€26,538▲ 43.1%€45,023▲ 69.7%€32,710▼ 27.3%
Staff (FTE)0.5▼ 16.7%1▲ 100%1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,329
Fixed assets
€9,742 ▲ 13.7%
Current assets
€47,587 ▼ 22.1%
Equity and liabilities €57,329
Equity
€42,451 ▼ 20.8%
Debt
€14,878 ▼ 7.2%
Debt's share of the balance-sheet total rises from 23.0% to 26.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12,008▲
2024 · €11,801
Cash flow
€8,667▼
2024 · €9,718
Current ratio
3.20▼
2024 · 3.81
Quick ratio
3.03▼
2024 · 3.65
Debt to equity
0.35▲
2024 · 0.30
ROE
8.8%▼
2024 · 9.9%
ROA
6.5%▼
2024 · 7.6%
Interest coverage
14.09▼
2024 · 54.86
Debt ≤ 1 year
€14,878▼
2024 · €16,028
Income taxes
€2,489▲
2024 · €1,898
Staff costs
€18,819▲
2024 · €13,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12,194 | €17,516 | €13,455 | €18,819 | ▲ 39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,499 | €8,416 | €8,416 | €4,416 | €4,924 | ▲ 11.5% |
| Other operating charges640/8 | - | €201 | €836 | €6,561 | €696 | ▼ 89.4% |
| Gross operating margin9900 | €25,933 | €28,358 | €26,569 | €31,817 | €31,523 | ▼ 0.9% |
| Operating profit (loss)9901 | €20,661 | €7,547 | -€200 | €7,385 | €7,084 | ▼ 4.1% |
| Financial income75/76B | - | €30 | €0 | €30 | €0 | ▼ 99.7% |
| Recurring financial income75 | €100 | €30 | €0 | €30 | €0 | ▼ 99.7% |
| Financial charges65/66B | - | €481 | €227 | €215 | €853 | ▲ 296% |
| Recurring financial charges65 | €209 | €481 | €227 | €215 | €853 | ▲ 296% |
| Profit (loss) for the period before taxes9903 | €20,552 | €7,096 | -€427 | €7,200 | €6,232 | ▼ 13.4% |
| Income taxes67/77 | €1,457 | €692 | - | €1,898 | €2,489 | ▲ 31.2% |
| Profit (loss) for the period9904 | €19,096 | €6,405 | -€427 | €5,302 | €3,743 | ▼ 29.4% |
| Profit (loss) for the period to be appropriated9905 | €26,696 | €6,405 | -€427 | €5,302 | €3,743 | ▼ 29.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,379 | €70,000 | €67,631 | €69,616 | €57,329 | ▼ 17.7% |
| Fixed assets21/28 | €38,581 | €30,165 | €21,749 | €8,566 | €9,742 | ▲ 13.7% |
| Tangible fixed assets22/27 | €38,581 | €30,165 | €21,749 | €8,566 | €9,742 | ▲ 13.7% |
| Plant, machinery and equipment23 | - | €30,165 | €21,749 | €8,566 | €9,742 | ▲ 13.7% |
| Current assets29/58 | €61,798 | €39,835 | €45,882 | €61,051 | €47,587 | ▼ 22.1% |
| Stocks and contracts in progress3 | €7,500 | €7,500 | €7,500 | €2,500 | €2,500 | = |
| Stocks30/36 | - | €7,500 | €7,500 | €2,500 | €2,500 | = |
| Amounts receivable within one year40/41 | €23,963 | €30,265 | €16,753 | €32,379 | €9,842 | ▼ 69.6% |
| Trade receivables40 | - | €29,118 | €15,920 | €28,714 | €8,440 | ▼ 70.6% |
| Other amounts receivable41 | - | €1,147 | €834 | €3,664 | €1,402 | ▼ 61.8% |
| Cash at bank and in hand54/58 | €30,336 | €1,657 | €21,283 | €25,999 | €35,051 | ▲ 34.8% |
| Deferred charges and accrued income490/1 | - | €414 | €346 | €173 | €194 | ▲ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,379 | €70,000 | €67,631 | €69,616 | €57,329 | ▼ 17.7% |
| Equity10/15 | €42,309 | €48,713 | €48,286 | €53,589 | €42,451 | ▼ 20.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €23,709 | €30,113 | €30,113 | €34,989 | €23,851 | ▼ 31.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €30,113 | €30,113 | €33,129 | €21,991 | ▼ 33.6% |
| Profit (loss) carried forward14 | -€80,297 | - | -€427 | - | - | - |
| Amounts payable17/49 | €58,071 | €21,287 | €19,344 | €16,028 | €14,878 | ▼ 7.2% |
| Amounts payable within one year42/48 | €58,071 | €21,287 | €19,344 | €16,028 | €14,878 | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €9,948 | - | - | - | - |
| Trade debts44 | €3,161 | €3,585 | €8,372 | €3,742 | €945 | ▼ 74.7% |
| Suppliers440/4 | - | €3,585 | €8,372 | €3,742 | €945 | ▼ 74.7% |
| Taxes, remuneration and social security45 | - | €7,754 | €10,972 | €12,286 | €13,933 | ▲ 13.4% |
| Taxes450/3 | - | €784 | €143 | €2,041 | €3,258 | ▲ 59.6% |
| Remuneration and social security454/9 | - | €6,970 | €10,829 | €10,244 | €10,675 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,096 | €6,405 | -€427 | €5,302 | €3,743 | ▼ 29.4% |
| + Depreciation and write-downs630 | €3,499 | €8,416 | €8,416 | €4,416 | €4,924 | ▲ 11.5% |
| Operating cash flow (approximation) | €22,595 | €14,821 | €7,989 | €9,718 | €8,667 | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €8,767 | -€6,100 | ▼ 170% |
| Change in cash | - | -€28,679 | €19,626 | €4,716 | €9,052 | ▲ 91.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Appointment: Kamiel Piessens (non-statutory director)4 facts ▸
State Gazette act
Appointment: Kamiel Piessens (non-statutory director)
4 facts ▸
- General meeting, 28-10-2025
- Director appointment, Kamiel Piessens (non-statutory director)
- Board meeting, 28-10-2025
- Director appointment, Kamiel Piessens (day-to-day manager)
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
30-06
Financial
Back to profitnet €5,302
Net result €5,302 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €60,569
Net result €60,569 after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.57 to 1.52; short-term debt falls from €85,960 to €44,483.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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
1 director, 1 in day-to-day management, last change in 2025
Board 1
Kamiel Piessens
CurrentNon-statutory director · since 01-11-2025
Day-to-day management 1
Kamiel Piessens
CurrentDay-to-day manager · since 01-11-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2004
Ground area
887 m²
Building footprint
200 m²
Volume, LiDAR
930 m³
Parcel 36013B0603/00M003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
AAA CONCEPT
since 20042.145.127.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36013B0603/00M003 | Flanders | 887 m² | 1 · 200 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2025, 1 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Kamiel Piessens |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Similar companies · same sector, comparable size
WILLEKENS
BE 0454.213.287
Roeselare · Eq €42,305
Backline Music Services
BE 0800.132.907
Grâce-Hollogne · Eq €42,648
BATI - RENT
BE 0466.272.862
Châtelet · Eq €41,288
DE VEGTES
BE 0635.768.286
Hamont-Achel · Eq €43,822
SFINX PYRAMID
BE 0448.366.365
Aartselaar · Eq €41,109
Of 880 companies in sector 77229 we hold annual accounts for 319. 222 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-12-2004
Fiscal year end30-06
Activities, NACEBEL 2025
53200Other postal and courier activities
77229Renting and leasing of other personal and household goods
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
47540Retail sale of electrical household appliances
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870904996
Registered
04-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.