BB CONCEPT
Open bankruptcyA bankruptcy procedure is open for BB CONCEPT according to publications in the Belgian State Gazette; curator: JENS VREBOS.
Summary
The 2024 annual accounts show negative equity (€-979k) and a net result of €-2.14M.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-979k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-04-2025, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
105 d early
2023
154 d early
2022
81 d early
2021
122 d early
2020
108 d early
2019
131 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€12.33M
EBIT margin
-16.0%
Net result
€-2.14M
2023 · €348
2018: €6k
2019: €-63k▼ -1079% vs 2018
2020: €118k▲ +288% vs 2019
2021: €322k▲ +173% vs 2020
2022: €396k▲ +22.8% vs 2021highest in 7 years
2023: €348▼ -99.9% vs 2022
2024: €-2.14M▼ -613308% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-320k
2023 · €1.41M
2018: €609k
2019: €1.09M▲ +78.3% vs 2018
2020: €885k▼ -18.6% vs 2019
2021: €1.18M▲ +33.2% vs 2020
2022: €1.27M▲ +7.4% vs 2021
2023: €1.41M▲ +11.5% vs 2022highest in 7 years
2024: €-320k▼ -123% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€12.33M
Equity€438k-€760k▲ 73.5%€1.16M▲ 52.1%€1.16M=€-979k
2020: €438k
2021: €760k▲ +73.5% vs 2020
2022: €1.16M▲ +52.1% vs 2021
2023: €1.16M● +0.0% vs 2022highest in 5 years
2024: €-979k▼ -185% vs 2023lowest in 5 years
Operating result€229k-€512k▲ 124%€618k▲ 20.6%€194k▼ 68.6%€-1.97M
2020: €229k
2021: €512k▲ +124% vs 2020
2022: €618k▲ +20.6% vs 2021highest in 5 years
2023: €194k▼ -68.6% vs 2022
2024: €-1.97M▼ -1116% vs 2023lowest in 5 years
Net result€118k-€322k▲ 173%€396k▲ 22.8%€348▼ 99.9%€-2.14M
2020: €118k
2021: €322k▲ +173% vs 2020
2022: €396k▲ +22.8% vs 2021highest in 5 years
2023: €348▼ -99.9% vs 2022
2024: €-2.14M▼ -613308% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1.97M after €194k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.32M
Fixed assets
€25k ▼ 84.2%
Current assets
€3.29M ▼ 34.0%
Key figures and ratios
EBITDA
€-1.93M▼
2023 · €237k
Cash flow
€-2.09M▼
2023 · €43k
Solvency
-29.5%▼
2023 · 22.5%
Current ratio
0.91▼
2023 · 1.39
Quick ratio
0.41▼
2023 · 0.53
Debt to equity
-3.72▼
2023 · 3.45
ROA
-64.4%▼
2023 · 0.0%
Interest coverage
-11.80▼
2023 · 1.33
Debt
€3.64M▼
2023 · €3.99M
Debt ≤ 1 year
€3.61M▲
2023 · €3.57M
Debt > 1 year
€0▼
2023 · €335k
Income taxes
€4k▼
2023 · €25k
Staff costs
€932k▼
2023 · €1.13M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 80 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.14M€3.32M▼
Fixed assets21/28€158k€25k▼
Intangible fixed assets21€13k€0▼
Tangible fixed assets22/27€145k€25k▼
Land and buildings22€122k€0▼
Plant, machinery and equipment23€22k€5k▼
Furniture and vehicles24€0€5k▲
Other tangible fixed assets26-€15k
Financial fixed assets28€0-
Current assets29/58€4.98M€3.29M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€3.08M€1.82M▼
Stocks30/36€3.08M€1.82M▼
Goods purchased for resale34-€1.82M
Amounts receivable within one year40/41€1.52M€1.12M▼
Trade receivables40€1.37M€1.02M▼
Other amounts receivable41€152k€97k▼
Cash at bank and in hand54/58€332k€287k▼
Deferred charges and accrued income490/1€50k€65k▲
Equity and liabilities
Total equity and liabilities10/49€5.14M€3.32M▼
Equity10/15€1.16M€-979k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.14M€-994k▼
Provisions and deferred taxes16-€652k
Provisions for liabilities and charges160/5-€652k
Other liabilities and charges164/5-€652k
Amounts payable17/49€3.99M€3.64M▼
Amounts payable after more than one year17€335k€0▼
Financial debts170/4€335k€0▼
Unsubordinated bonds171-€0
Credit institutions173-€0
Amounts payable within one year42/48€3.57M€3.61M▲
Current portion of amounts payable after more than one year42€234k€235k▲
Financial debts43€2.11M€2.70M▲
Credit institutions430/8€2.11M€2.70M▲
Trade debts44€693k€573k▼
Suppliers440/4€693k€573k▼
Taxes, remuneration and social security45€116k€108k▼
Taxes450/3€4k€33k▲
Remuneration and social security454/9€112k€76k▼
Other amounts payable47/48€416k€0▼
Accrued charges and deferred income492/3€77k€32k▼
Income statement
Code20232024
Operating income70/76A-€12.43M
Turnover70-€12.33M
Other operating income74-€75k
Non-recurring operating income76A€36k€25k▼
Operating charges60/66A-€14.40M
Goods for resale, raw materials and consumables60-€10.08M
Purchases600/8-€9.65M
Change in stocks: decrease (increase)609-€429k
Services and other goods61-€1.44M
Remuneration, social security and pensions62€1.13M€932k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€45k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€26k€901k▲
Other operating charges640/8€70k€231k▲
Non-recurring operating charges66A€0€769k▲
Gross operating margin9900€1.47M-
Operating profit (loss)9901€194k€-1.97M▼
Financial income75/76B€9k€5k▼
Recurring financial income75€9k€5k▼
Income from financial fixed assets750-€305
Income from current assets751-€3k
Other financial income752/9-€1k
Financial charges65/66B€178k€165k▼
Recurring financial charges65€178k€165k▼
Debt charges650-€163k
Other financial charges652/9-€1k
Profit (loss) for the period before taxes9903€26k€-2.13M▼
Income taxes67/77€25k€4k▼
Taxes670/3-€4k
Profit (loss) for the period9904€348€-2.14M▼
Profit (loss) for the period to be appropriated9905€348€-2.14M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.14M€-994k▼
Profit (loss) brought forward from the previous period14P€1.14M€1.14M=
Social balance
Average headcount (FTE)908714.112.4▼
The notes to these accounts (85 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €12.43M | - |
| Turnover70 | - | - | - | - | €12.33M | - |
| Other operating income74 | - | - | - | - | €75k | - |
| Non-recurring operating income76A | - | - | €15k | €36k | €25k | ▼ 32.5% |
| Operating charges60/66A | - | - | - | - | €14.40M | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €10.08M | - |
| Purchases600/8 | - | - | - | - | €9.65M | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | €429k | - |
| Services and other goods61 | - | - | - | - | €1.44M | - |
| Remuneration, social security and pensions62 | - | - | €900k | €1.13M | €932k | ▼ 17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €41k | €50k | €43k | €45k | ▲ 5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-15k | €26k | €901k | ▲ 3,338% |
| Other operating charges640/8 | - | - | €85k | €70k | €231k | ▲ 230% |
| Non-recurring operating charges66A | - | - | €16k | €0 | €769k | - |
| Gross operating margin9900 | €1.03M | €1.53M | €1.65M | €1.47M | - | - |
| Operating profit (loss)9901 | €229k | €512k | €618k | €194k | €-1.97M | ▼ 1,116% |
| Financial income75/76B | - | - | €451 | €9k | €5k | ▼ 47.9% |
| Recurring financial income75 | €485 | €0 | €451 | €9k | €5k | ▼ 47.9% |
| Income from financial fixed assets750 | - | - | - | - | €305 | - |
| Income from current assets751 | - | - | - | - | €3k | - |
| Other financial income752/9 | - | - | - | - | €1k | - |
| Financial charges65/66B | - | - | €54k | €178k | €165k | ▼ 7.3% |
| Recurring financial charges65 | €54k | €59k | €54k | €178k | €165k | ▼ 7.3% |
| Debt charges650 | - | - | - | - | €163k | - |
| Other financial charges652/9 | - | - | - | - | €1k | - |
| Profit (loss) for the period before taxes9903 | €176k | €454k | €565k | €26k | €-2.13M | ▼ 8,444% |
| Income taxes67/77 | €58k | €132k | €169k | €25k | €4k | ▼ 84.4% |
| Taxes670/3 | - | - | - | - | €4k | - |
| Profit (loss) for the period9904 | €118k | €322k | €396k | €348 | €-2.14M | ▼ 613,308% |
| Profit (loss) for the period to be appropriated9905 | €118k | €322k | €396k | €348 | €-2.14M | ▼ 613,308% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.24M | €3.88M | €6.08M | €5.14M | €3.32M | ▼ 35.5% |
| Fixed assets21/28 | €200k | €203k | €191k | €158k | €25k | ▼ 84.2% |
| Intangible fixed assets21 | €58k | €44k | €26k | €13k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €125k | €143k | €165k | €145k | €25k | ▼ 82.7% |
| Land and buildings22 | - | - | €142k | €122k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €21k | €22k | €5k | ▼ 77.7% |
| Furniture and vehicles24 | - | - | €2k | €0 | €5k | - |
| Other tangible fixed assets26 | - | - | - | - | €15k | - |
| Financial fixed assets28 | €17k | €17k | €561 | €0 | - | - |
| Current assets29/58 | €3.04M | €3.67M | €5.89M | €4.98M | €3.29M | ▼ 34.0% |
| Amounts receivable after more than one year29 | - | - | €40k | €0 | - | - |
| Other amounts receivable291 | - | - | €40k | €0 | - | - |
| Stocks and contracts in progress3 | €1.77M | €2.02M | €2.91M | €3.08M | €1.82M | ▼ 41.0% |
| Stocks30/36 | - | - | €2.91M | €3.08M | €1.82M | ▼ 41.0% |
| Goods purchased for resale34 | - | - | - | - | €1.82M | - |
| Amounts receivable within one year40/41 | €1.17M | €1.48M | €2.60M | €1.52M | €1.12M | ▼ 26.3% |
| Trade receivables40 | - | - | €2.36M | €1.37M | €1.02M | ▼ 25.2% |
| Other amounts receivable41 | - | - | €241k | €152k | €97k | ▼ 36.1% |
| Cash at bank and in hand54/58 | €88k | €140k | €212k | €332k | €287k | ▼ 13.6% |
| Deferred charges and accrued income490/1 | - | - | €124k | €50k | €65k | ▲ 30.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.24M | €3.88M | €6.08M | €5.14M | €3.32M | ▼ 35.5% |
| Equity10/15 | €438k | €760k | €1.16M | €1.16M | €-979k | ▼ 185% |
| Contributions10/11 | - | - | €12k | €12k | €12k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €424k | €746k | €1.14M | €1.14M | €-994k | ▼ 187% |
| Provisions and deferred taxes16 | - | - | - | - | €652k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €652k | - |
| Other liabilities and charges164/5 | - | - | - | - | €652k | - |
| Amounts payable17/49 | €2.80M | €3.12M | €4.92M | €3.99M | €3.64M | ▼ 8.6% |
| Amounts payable after more than one year17 | €646k | €610k | €296k | €335k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €296k | €335k | €0 | ▼ 100% |
| Unsubordinated bonds171 | - | - | - | - | €0 | - |
| Credit institutions173 | - | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €2.15M | €2.49M | €4.62M | €3.57M | €3.61M | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | - | - | €307k | €234k | €235k | ▲ 0.8% |
| Financial debts43 | - | - | €1.46M | €2.11M | €2.70M | ▲ 27.4% |
| Credit institutions430/8 | - | - | €1.46M | €2.11M | €2.70M | ▲ 27.4% |
| Trade debts44 | €879k | €1.11M | €1.89M | €693k | €573k | ▼ 17.3% |
| Suppliers440/4 | - | - | €1.89M | €693k | €573k | ▼ 17.3% |
| Taxes, remuneration and social security45 | - | - | €209k | €116k | €108k | ▼ 6.4% |
| Taxes450/3 | - | - | €121k | €4k | €33k | ▲ 762% |
| Remuneration and social security454/9 | - | - | €88k | €112k | €76k | ▼ 32.4% |
| Other amounts payable47/48 | - | - | €747k | €416k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €5k | €77k | €32k | ▼ 58.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €118k | €322k | €396k | €348 | €-2.14M | ▼ 613,308% |
| + Depreciation and write-downs630 | €34k | €41k | €50k | €43k | €45k | ▲ 5.0% |
| Operating cash flow (approximation) | €152k | €363k | €446k | €43k | €-2.09M | ▼ 4,948% |
| Investment in fixed assets (approximation) | - | €-45k | €-38k | €-9k | €88k | ▲ 1,035% |
| Change in cash | - | €51k | €72k | €120k | €-45k | ▼ 138% |
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
2025
12-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 05-08-2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-2.14M
Net result drops to €-2.14M, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €396k ▲22.8%
Operating result €618k, net result €396k, both a record.
31-12
Financial
Equity above €1MEq €1.16M ▲52.1%
3 profitable years in a row build equity to €1.16M.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €760k ▲73.5%
2 profitable years in a row build equity to €760k.
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €118k
Net result €118k after one loss-making year.
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 131 days late
Show earlier events
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2013
Ground area
1.7 ha
Building footprint
1.3 ha
Volume, LiDAR
115,840 m³
2 parcels, Flanders · tallest building 48.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BB CONCEPT
since 20132.224.241.672
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0069/00C000 | Flanders | 1.6 ha | 1 · 1.2 ha | 48.0 m · 2 fl. |
| 23089D0068/00B000 | Flanders | 1,048 m² | 1 · 416 m² | 11.5 m |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS HERTSBERGSESTRAAT 4, 8020 OOST-
KAMP |
05-08-2025 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 35,164 EUR awarded · 32,404 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 3,264 EUR |
| 2024 | 1 | 8,007 EUR | 9,743 EUR |
| 2023 | 2 | 14,272 EUR | 14,557 EUR |
| 2022 | 1 | 12,885 EUR | 4,840 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Technodexon
BE 0664.813.353
Olen · Eq €1,169,062
CAMI
BE 0422.535.364
Oostende · Eq €1,170,684
G - PLUS
BE 0475.004.545
Ronse · Eq €1,137,448
EURO ASIA INVESTMENT AND TRADING CORPORATION
BE 0438.452.866
Gent · Eq €1,181,751
REMAT & PARTNERS
BE 0863.193.595
Kuurne · Eq €1,185,693
Of 1,173 companies in sector 46499 we hold annual accounts for 743. 481 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
Founded21-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
46494Wholesale of non-electrical household articles
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Contact
Website
www.bbconcept.info
E-mail
info@bbconcept.info
Scores and ratios are computed by Checked and are not a credit decision.