B.R CONCEPT
ActiveSummary
B.R CONCEPT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,472 and a net result of €4,114. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Floor and wall tiling
NACE 43331
1 site
How big
€11,381total assets 2025
- Equity
- €4,472
- Profit
- €4,114
Turnover not published (abridged schema)
Who decides
Accounts 8 d early0 of 2 deeds read
Why 66- Higher-failure-rate sector- Higher-failure-rate regionLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+95
Solvency64▲+64
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
29 d late
2022
1 d late
2021
23 d early
2020
5 d late
2019
12 d late
← 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 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €4,114
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €11,381Profit €4,114Solvency 39.3%Liquidity 0.90
Turnover
€44,886▲ 22.0%
2019 - 2021
Net result
€4,114
2018 - 2025
Equity
€4,472
2018 - 2025
Solvency
39.3%▲ 136.5pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€44,886▲ 22.0%
Operating result-€1,113▲ 90.3%€24-€23,647-€4,107▲ 82.6%€5,240
Net result-€2,222below the sector's middle half▲ 81.9%-€634below the sector's middle half▲ 71.5%-€24,213below the sector's middle half▼ 3,721%-€5,364below the sector's middle half▲ 77.8%€4,114within the sector's middle half
EBIT margin-2.5%▲ 28.6pp
Equity€10,569below the sector's middle half▼ 17.4%€9,935below the sector's middle half▼ 6.0%-€14,278below the sector's middle half-€19,642below the sector's middle half▼ 37.6%€4,472below the sector's middle half
Total assets€32,914below the sector's middle half▼ 23.5%€32,136below the sector's middle half▼ 2.4%€29,278below the sector's middle half▼ 8.9%€20,202below the sector's middle half▼ 31.0%€11,381below the sector's middle half▼ 43.7%
Debt€22,345▼ 26.1%€22,200▼ 0.6%€43,556▲ 96.2%€39,844▼ 8.5%€6,909▼ 82.7%
Working capital-€2,016below the sector's middle half▼ 38.7%-€15,605below the sector's middle half▼ 674%-€28,096below the sector's middle half▼ 80.0%-€28,661below the sector's middle half▼ 2.0%-€719below the sector's middle half▲ 97.5%
Solvency32.1%within the sector's middle half▲ 2.4pp30.9%within the sector's middle half▼ 1.2pp-48.8%below the sector's middle half▼ 79.7pp-97.2%below the sector's middle half▼ 48.5pp39.3%within the sector's middle half▲ 136.5pp
Current ratio0.87below the sector's middle half▼ 0.050.25below the sector's middle half▼ 0.620.35below the sector's middle half▲ 0.100.28below the sector's middle half▼ 0.070.90below the sector's middle half▲ 0.62
Return on assets (ROA)-6.8%below the sector's middle half▲ 21.8pp-2.0%below the sector's middle half▲ 4.8pp-82.7%below the sector's middle half▼ 80.7pp-26.6%below the sector's middle half▲ 56.2pp36.1%above the sector's middle half▲ 62.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,240 after a loss of €4,107 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,381
Fixed assets
€5,191 ▼ 42.4%
Current assets
€6,190 ▼ 44.6%
Equity and liabilities €11,381
Equity
€4,472
Debt
€6,909
Debt finances 60.7% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
EBITDA
€9,068▲
2024 · €692
Cash flow
€7,942▲
2024 · -€565
Quick ratio
0.39▲
2024 · 0.19
Debt to equity
1.54
ROE
92.0%
Interest coverage
8.06▲
2024 · 0.55
Debt ≤ 1 year
€6,909▼
2024 · €39,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 34,696 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €44,886 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €37,277 | €54,240 | €32,352 | €28,233 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,060 | €10,941 | €13,084 | €4,798 | €3,828 | ▼ 20.2% |
| Other operating charges640/8 | €623 | €608 | €745 | €654 | €625 | ▼ 4.3% |
| Gross operating margin9900 | €8,571 | €11,573 | -€9,818 | €1,345 | €9,693 | ▲ 620% |
| Operating profit (loss)9901 | -€1,113 | €24 | -€23,647 | -€4,107 | €5,240 | ▲ 228% |
| Financial income75/76B | - | - | €12 | - | - | - |
| Recurring financial income75 | - | - | €12 | - | - | - |
| Financial charges65/66B | €1,110 | €658 | €579 | €1,257 | €1,126 | ▼ 10.5% |
| Recurring financial charges65 | €1,110 | €658 | €579 | €1,257 | €1,126 | ▼ 10.5% |
| Profit (loss) for the period before taxes9903 | -€2,222 | -€634 | -€24,213 | -€5,364 | €4,114 | ▲ 177% |
| Profit (loss) for the period9904 | -€2,222 | -€634 | -€24,213 | -€5,364 | €4,114 | ▲ 177% |
| Profit (loss) for the period to be appropriated9905 | -€2,222 | -€634 | -€24,213 | -€5,364 | €4,114 | ▲ 177% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32,914 | €32,136 | €29,278 | €20,202 | €11,381 | ▼ 43.7% |
| Fixed assets21/28 | €18,982 | €26,902 | €13,817 | €9,019 | €5,191 | ▼ 42.4% |
| Tangible fixed assets22/27 | €18,982 | €26,902 | €13,817 | €9,019 | €5,191 | ▼ 42.4% |
| Plant, machinery and equipment23 | €2,342 | €17,175 | €12,796 | €8,763 | €5,191 | ▼ 40.8% |
| Furniture and vehicles24 | €16,640 | €9,726 | €1,021 | €256 | €0 | ▼ 100% |
| Current assets29/58 | €13,932 | €5,234 | €15,461 | €11,183 | €6,190 | ▼ 44.6% |
| Stocks and contracts in progress3 | - | - | €8,448 | €3,790 | €3,516 | ▼ 7.2% |
| Stocks30/36 | - | - | €8,448 | €3,790 | €3,516 | ▼ 7.2% |
| Amounts receivable within one year40/41 | €13,027 | €4,279 | €6,969 | €7,393 | €1,077 | ▼ 85.4% |
| Trade receivables40 | €10,980 | €2,450 | €3,956 | €6,407 | €168 | ▼ 97.4% |
| Other amounts receivable41 | €2,047 | €1,829 | €3,013 | €986 | €908 | ▼ 7.9% |
| Cash at bank and in hand54/58 | - | €585 | - | - | €1,318 | - |
| Deferred charges and accrued income490/1 | €905 | €370 | €44 | - | €280 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32,914 | €32,136 | €29,278 | €20,202 | €11,381 | ▼ 43.7% |
| Equity10/15 | €10,569 | €9,935 | -€14,278 | -€19,642 | €4,472 | ▲ 123% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €4,119 | €4,119 | €4,119 | €4,119 | €4,119 | = |
| Tax-exempt reserves132 | €4,119 | €4,119 | €4,119 | €4,119 | €4,119 | = |
| Profit (loss) carried forward14 | -€5,950 | -€6,584 | -€30,797 | -€36,161 | -€12,047 | ▲ 66.7% |
| Amounts payable17/49 | €22,345 | €22,200 | €43,556 | €39,844 | €6,909 | ▼ 82.7% |
| Amounts payable after more than one year17 | €6,397 | €1,362 | - | - | - | - |
| Financial debts170/4 | €6,397 | €1,362 | - | - | - | - |
| Amounts payable within one year42/48 | €15,948 | €20,839 | €43,556 | €39,844 | €6,909 | ▼ 82.7% |
| Current portion of amounts payable after more than one year42 | €5,000 | €5,000 | €1,362 | - | - | - |
| Financial debts43 | €1,699 | - | €9,488 | €13,369 | - | - |
| Other loans439 | €1,699 | - | €9,488 | €13,369 | - | - |
| Trade debts44 | €1,802 | €3,146 | €1,185 | €536 | €1,335 | ▲ 149% |
| Suppliers440/4 | €1,802 | €3,146 | €1,185 | €536 | €1,335 | ▲ 149% |
| Advances received on contracts in progress46 | - | - | €3,177 | - | - | - |
| Other amounts payable47/48 | €7,447 | €12,692 | €28,345 | €25,939 | €5,574 | ▼ 78.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,222 | -€634 | -€24,213 | -€5,364 | €4,114 | ▲ 177% |
| + Depreciation and write-downs630 | €9,060 | €10,941 | €13,084 | €4,798 | €3,828 | ▼ 20.2% |
| Operating cash flow (approximation) | €6,838 | €10,307 | -€11,129 | -€565 | €7,942 | ▲ 1,505% |
| Investment in fixed assets (approximation) | - | -€18,861 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
JK vloer- en tegelwerken
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Geel · Eq €4,514
V.T.Y.
BE 0738.653.515
Pelt · Eq €4,548
GUVA
BE 0463.348.412
Houthalen-Helchteren · Eq €4,570
Vercammen Construct
BE 0819.190.833
Dendermonde · Eq €4,371
GF Total Flooring & Interior
BE 1007.666.385
Malle · Eq €4,370
Of 3,959 companies in this sector we hold annual accounts for 1,788. 669 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 23-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4,114
Net result €4,114 after 5 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet -€24,213
Net result drops to -€24,213, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Back to profitnet €8,960
Net result €8,960 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 18-12-2015Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded18-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
23700Cutting, shaping and finishing of stone
43223Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644656555
Registered
30-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Erquelinnes · 1 establishment unit since 2015
Ground area
2,504 m²
Building footprint
158 m²
Volume, LiDAR
768 m³
2 parcels, Wallonia · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
B.R. CONCEPT
since 2015unit no. 2.249.150.777
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56025A0340/00N005 | Wallonia | 1,538 m² | 1 · 54 m² | 6.2 m · 2 fl. |
| 56035B0278/00Z000 | Wallonia | 966 m² | 1 · 104 m² | 5.8 m · 2 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check 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
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