Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
From profit to loss in 2025, after a profit of €41,891 in 2024.
Of this, €319,095 falls due within a year.
Between 2013 and 2025, 78% of the full-time equivalents disappeared.
Two of the last ten came late. The 2016 accounts came latest: 27 days after the end of the period.
Lower solvency than 90% of companies in retail trade. Sector median 36.2% · 5,061 companies.
The dashed line is the sector median: 0.6% across 40,280 companies (NACE 47, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 16% of them on solvency, 13% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,619 companies had the same profile as B-CONCEPT CUISINES has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of B-CONCEPT CUISINES itself: 4.7% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for B-CONCEPT CUISINES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.78 (0.91 in 2024), below 1. Short-term debt is 102.2% and cash 10.2% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| B-CONCEPT CUISINES Bastogne | €312,187 | €70,218 | -9.4% | 1.8 |
| REGAIN Jalhay | €363,699 | €119,524 | 0.5% | 2.2 |
| MULTI-SALONS ET MULTI-MEUBLES Marche-en-Famenne | €365,474 | €93,613 | 18.8% | 1 |
| INTERIEUR DE MEY Sint-Niklaas | €308,807 | €90,907 | 61.7% | 2 |
| BIO-HOME Westerlo | €237,843 | €125,253 | 40.3% | 1.6 |
| LE TRI LOGIS Uccle | €378,005 | €49,599 | -31.7% | 1 |
| UNLU Genk | €577,754 | €71,313 | 62.6% | 1.6 |
These companies have the same main activity as B-CONCEPT CUISINES: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €238,000 and €578,000, founded between 1979 and 1998.
B-CONCEPT CUISINES has existed since 1994. The gross margin fell from €269,830 in 2019 to €82,781 in 2020.
Solvency fell in 2025 from 10.2% to -9.4% because of the loss.
BERKHOUT CONCEPT holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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