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B&K CONCEPT

Active
Private limited companyfounded 20205 yrs activeNowélei (Jean Baptiste) 35, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0756.750.349
Summary

The computed 12-month bankruptcy probability of B&K CONCEPT is 7.5% (elevated). The 2024 annual accounts show negative equity (-€4,510) and a net result of -€966. Equity is shrinking by ~72.6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
7.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 d early
2024
139 d early
2023
65 d early
2022
22 d late
2021
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 52 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 June (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

On 19 October 2020, B&K CONCEPT was incorporated as a Private limited company.1 In 2026 the registered office moved to Vilvoorde.2 Of the 2 current board members, BALLAH NASREDINE has served longest, since 2026.2 Total assets went from EUR 13,358 in 2021 to EUR 1,712 in 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-09-2026
  3. 3National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2024, micro schema

Equity
-€4,510▼ 27.3%
2023 · -€3,544
Total assets
€556▼ 67.5%
2023 · €1,712
Net result
-€966▲ 63.8%
2023 · -€2,671
Working capital
-€5,067▼ 50.7%
2022 · -€3,362
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
Line2021202220232024
Operating result€4,853--€5,567-€1,967▲ 64.7%-€966▲ 50.9%
Net result€2,030--€5,904-€2,671▲ 54.8%-€966▲ 63.8%
Equity€5,030--€874-€3,544▼ 306%-€4,510▼ 27.3%
Total assets€13,358-€6,495▼ 51.4%€1,712▼ 73.6%€556▼ 67.5%
Debt€7,578-€7,369▼ 2.8%€5,256▼ 28.7%€5,067▼ 3.6%
Working capital€2,325--€3,362-€5,067▼ 50.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2021: €4,853€4,853Net result 2021: €2,030€2,030Operating result 2022: -€5,567-€5,567Net result 2022: -€5,904-€5,904Operating result 2023: -€1,967-€1,967Net result 2023: -€2,671-€2,671Operating result 2024: -€966-€966Net result 2024: -€966-€9662021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€5,567-€5,570Net result 2022: -€5,904-€5,900Operating result 2023: -€1,967-€1,970Net result 2023: -€2,671-€2,670Operating result 2024: -€966-€966Net result 2024: -€966-€966202220232024
The operating result stays negative: a loss of €966 in 2024 against €1,967 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€0▲
2023 · -€1,001
Cash flow
€0▲
2023 · -€1,704
Debt ≤ 1 year
€5,067▼
2023 · €5,256
Ratios withheld: a balance sheet total of €556 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 6,010 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€1,712€556▼
Fixed assets21/28€1,522€556▼
Tangible fixed assets22/27€1,522€556▼
Furniture and vehicles24€1,522€556▼
Current assets29/58€189-
Amounts receivable within one year40/41€38-
Other amounts receivable41€38-
Cash at bank and in hand54/58€152-
Equity and liabilities
Total equity and liabilities10/49€1,712€556▼
Equity10/15-€3,544-€4,510▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€6,544-€7,510▼
Amounts payable17/49€5,256€5,067▼
Amounts payable within one year42/48€5,256€5,067▼
Financial debts43€151-
Credit institutions430/8€151-
Other amounts payable47/48€5,105€5,067▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€966€966=
Other operating charges640/8€384-
Gross operating margin9900-€616-
Operating profit (loss)9901-€1,967-€966▲
Financial charges65/66B€285-
Recurring financial charges65€285-
Profit (loss) for the period before taxes9903-€2,252-€966▲
Income taxes67/77€418-
Profit (loss) for the period9904-€2,671-€966▲
Profit (loss) for the period to be appropriated9905-€2,671-€966▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,544-€7,510▼
Profit (loss) brought forward from the previous period14P-€3,874-€6,544▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410€966€966€966=
Other operating charges640/8€4€22€384--
Gross operating margin9900€5,268-€4,579-€616--
Operating profit (loss)9901€4,853-€5,567-€1,967-€966▲ 50.9%
Financial charges65/66B€2,823€336€285--
Recurring financial charges65€2,073€1,086€285--
Non-recurring financial charges66B€750-€750---
Profit (loss) for the period before taxes9903€2,030-€5,904-€2,252-€966▲ 57.1%
Income taxes67/77--€418--
Profit (loss) for the period9904€2,030-€5,904-€2,671-€966▲ 63.8%
Profit (loss) for the period to be appropriated9905€2,030-€5,904-€2,671-€966▲ 63.8%
Line2021202220232024Change
Assets
Total assets20/58€13,358€6,495€1,712€556▼ 67.5%
Fixed assets21/28€3,455€2,489€1,522€556▼ 63.5%
Tangible fixed assets22/27€3,455€2,489€1,522€556▼ 63.5%
Furniture and vehicles24€3,455€2,489€1,522€556▼ 63.5%
Current assets29/58€9,903€4,007€189--
Stocks and contracts in progress3€3,850€1,720---
Stocks30/36€3,850€1,720---
Amounts receivable within one year40/41€180€494€38--
Trade receivables40-€494---
Other amounts receivable41€180-€38--
Cash at bank and in hand54/58€5,873€1,793€152--
Equity and liabilities
Total equity and liabilities10/49€13,358€6,495€1,712€556▼ 67.5%
Equity10/15€5,030-€874-€3,544-€4,510▼ 27.3%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€2,030-€3,874-€6,544-€7,510▼ 14.8%
Provisions and deferred taxes16€750----
Provisions for liabilities and charges160/5€750----
Taxes161€750----
Amounts payable17/49€7,578€7,369€5,256€5,067▼ 3.6%
Amounts payable within one year42/48€7,578€7,369€5,256€5,067▼ 3.6%
Financial debts43--€151--
Credit institutions430/8--€151--
Trade debts44€1,663€750---
Suppliers440/4€1,663€750---
Taxes, remuneration and social security45€379€461---
Taxes450/3€379€461---
Other amounts payable47/48€5,536€6,158€5,105€5,067▼ 0.8%
Line2021202220232024Change
Profit (loss) for the period9904€2,030-€5,904-€2,671-€966▲ 63.8%
+ Depreciation and write-downs630€410€966€966€966=
Operating cash flow (approximation)€2,440-€4,938-€1,704€0▲ 100%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€4,081-€1,641--

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-09
State Gazette act Resignation: KARATMANLI TIMUR (director)
Appointments: BALLAH NASREDINE (director) and TOUJAITI JAMAL (director) · Shareholding · Share transfer11 facts ▸
  • General meeting, 18-08-2026
  • Director resignation, KARATMANLI TIMUR (director)
  • Shareholding, 18-08-2026, ontslag
  • Director appointment, BALLAH NASREDINE (director)
  • Shareholding, 18-08-2026, benoeming
  • Director appointment, TOUJAITI JAMAL (director)
  • Shareholding, 18-08-2026, benoeming
  • Share transfer, KARATMANLI TIMUR → BALLAH NASREDINE
  • Share transfer, KARATMANLI TIMUR → TOUJAITI JAMAL
  • Registered-office move, Jean Baptiste Nowelei 35 te 1800 Vilvoorde
  • Director discharge, KARATMANLI TIMUR
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial Weakest financial yearnet -€5,904
Net result drops to -€5,904, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro 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.

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Directors · office · real estate

Directors
2 directors, last change in 2026
BALLAH NASREDINE
Director · since 18-08-2026
Current
TOUJAITI JAMAL
Director · since 18-08-2026
Current
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, Vilvoorde · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
425 m²
Building footprint
310 m²
Volume, LiDAR
3,778 m³
2 parcels, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
B&K CONCEPT
Oude Haachtsesteenweg 52, 1831 Machelen (Brab.)Intermediation services for non-specialised retail
since 20202.309.099.153
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23015C0125/00E000 Flanders 219 m² 1 · 104 m² 10.6 m · 3 fl.
23642D0550/00M000
ProtectedMonument · Townscape or village viewMonnikhof met omgevingSource ↗
Flanders 206 m² 1 · 206 m² 17.4 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BALLAH NASREDINE
  • Director, from 18-08-2026 to date
TOUJAITI JAMAL
  • Director, from 18-08-2026 to date
KARATMANLI TIMUR
  • Director, until 18-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

The 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.

Capital and shareholders

Shareholders according to the acts

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.