BASIC CONCEPT
ActiveSummary
BASIC CONCEPT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €347,914 and a net result of -€3,845. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
The operating result stays negative: a loss of €3,822 in 2025 against €2,700 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,472 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 12,322 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,464 | €8,464 | €8,464 | €8,465 | €10,223 | €11,183 | €9,352 | ▼ 16.4% |
| Other operating charges640/8 | - | - | - | €1,684 | €1,550 | €1,433 | €2,101 | ▲ 46.6% |
| Gross operating margin9900 | €8,566 | €4,505 | €10,441 | €11,717 | €14,156 | €9,916 | €7,631 | ▼ 23.0% |
| Operating profit (loss)9901 | -€1,069 | -€6,343 | €310 | €1,568 | €2,382 | -€2,700 | -€3,822 | ▼ 41.6% |
| Financial income75/76B | - | - | - | - | - | - | €22 | - |
| Recurring financial income75 | - | - | - | - | - | - | €22 | - |
| Financial charges65/66B | - | - | - | €227 | €45 | €170 | €46 | ▼ 73.0% |
| Recurring financial charges65 | €2,348 | €241 | €27 | €227 | €45 | €170 | €46 | ▼ 73.0% |
| Profit (loss) for the period before taxes9903 | -€3,417 | -€6,584 | €283 | €1,341 | €2,337 | -€2,869 | -€3,845 | ▼ 34.0% |
| Profit (loss) for the period9904 | -€3,417 | -€6,584 | €283 | €1,341 | €2,337 | -€2,869 | -€3,845 | ▼ 34.0% |
| Profit (loss) for the period to be appropriated9905 | -€3,417 | -€6,584 | €283 | €1,341 | €2,337 | -€2,869 | -€3,845 | ▼ 34.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €420,699 | €403,388 | €391,826 | €382,466 | €398,701 | €390,706 | €381,515 | ▼ 2.4% |
| Fixed assets21/28 | €407,845 | €399,381 | €390,917 | €382,452 | €398,615 | €390,632 | €381,280 | ▼ 2.4% |
| Tangible fixed assets22/27 | €407,845 | €399,381 | €390,917 | €382,452 | €398,615 | €390,632 | €381,280 | ▼ 2.4% |
| Land and buildings22 | - | - | - | €382,452 | €398,615 | €390,632 | €381,280 | ▼ 2.4% |
| Current assets29/58 | €12,854 | €4,007 | €909 | €14 | €86 | €75 | €235 | ▲ 215% |
| Cash at bank and in hand54/58 | €12,854 | €4,007 | €909 | €14 | €86 | €75 | €235 | ▲ 215% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €420,699 | €403,388 | €391,826 | €382,466 | €398,701 | €390,706 | €381,515 | ▼ 2.4% |
| Equity10/15 | €357,251 | €350,667 | €350,950 | €352,291 | €354,628 | €351,759 | €347,914 | ▼ 1.1% |
| Contributions10/11 | €313,600 | €313,600 | - | €313,600 | €313,600 | €313,600 | €313,600 | = |
| Reserves13 | €47,068 | €47,068 | €47,068 | €47,068 | €47,068 | €47,068 | €47,068 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €45,209 | €45,209 | €45,209 | €45,209 | = |
| Profit (loss) carried forward14 | -€3,417 | -€10,001 | -€9,718 | -€8,377 | -€6,040 | -€8,909 | -€12,755 | ▼ 43.2% |
| Amounts payable17/49 | €63,448 | €52,721 | €40,876 | €30,175 | €44,073 | €38,947 | €33,601 | ▼ 13.7% |
| Amounts payable after more than one year17 | €4,367 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €59,081 | €52,721 | €40,876 | €30,175 | €44,073 | €38,947 | €33,601 | ▼ 13.7% |
| Trade debts44 | €303 | €303 | €155 | €266 | - | €794 | €1,532 | ▲ 92.8% |
| Suppliers440/4 | - | - | - | €266 | - | €794 | €1,532 | ▲ 92.8% |
| Taxes, remuneration and social security45 | - | - | - | - | €592 | - | - | - |
| Taxes450/3 | - | - | - | - | €592 | - | - | - |
| Other amounts payable47/48 | - | - | - | €29,909 | €43,481 | €38,153 | €32,070 | ▼ 15.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,417 | -€6,584 | €283 | €1,341 | €2,337 | -€2,869 | -€3,845 | ▼ 34.0% |
| + Depreciation and write-downs630 | €8,464 | €8,464 | €8,464 | €8,465 | €10,223 | €11,183 | €9,352 | ▼ 16.4% |
| Operating cash flow (approximation) | €5,047 | €1,880 | €8,747 | €9,806 | €12,560 | €8,313 | €5,507 | ▼ 33.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€26,386 | -€3,200 | €0 | ▲ 100% |
| Change in cash | - | -€8,847 | -€3,098 | -€895 | €72 | -€12 | €161 | ▲ 1,463% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.