BEY CONCEPT

Active

Private limited companyfounded 201511 yrs activeSluisbamd 25, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0633.989.921

BEY CONCEPT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €4k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2025

74 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability78▲+78

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 16.4 against 12.85 in 2024; short-term debt: 5.7% and cash: 1% of total assets), and 5.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

94.1%

Return on assets

7.4%

Age of the figures

15 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

60 d early

2024

60 d early

2023

63 d early

2022

21 d early

2021

6 d early

2020

10 d early

2019

31 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close23-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, micro schema

Turnover

€108k

EBIT margin

-21.7%

Net result

€4k

2024 · €-21k

2019: €5k 2020: €-7k 2021: €15k 2022: €25k 2023: €3k 2024: €-21k

2019 → 2025

Working capital

€46k▲ 17.4%

2024 · €39k

2019: €22k 2020: €15k 2021: €55k 2022: €58k 2023: €63k 2024: €39k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€108k

Equity€39k-€63k▲ 61.5%€66k▲ 3.4%€45k▼ 31.6%€49k▲ 8.6%

Operating result€18k-€37k▲ 99.6%€-1k€-23k▼ 1,879%€2k

Net result€15k-€25k▲ 65.6%€3k▼ 88.1%€-21k€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €2k after a loss of €23k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €52k

94.0%

Fixed assets €3k▼ 48.5%

Current assets €49k▲ 15.3%

Equity and liabilities €52k

94.1%

Equity €49k▲ 8.6%

Debt €3k▼ 9.5%

The debt ratio falls from 6.9% to 5.9%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€5k▲

2024 · €-21k

Cash flow

€7k▲

2024 · €-18k

Solvency

94.1%▲

2024 · 93.1%

Current ratio

16.40▲

2024 · 12.85

Quick ratio

15.54▲

2024 · 12.85

Debt / equity

0.06▼

2024 · 0.07

ROE

7.9%▲

2024 · -46.3%

ROA

7.4%▲

2024 · -43.0%

Interest coverage

32.50▲

2024 · -151.88

Debt

€3k▼

2024 · €3k

Debt ≤ 1 year

€3k▼

2024 · €3k

Income taxes

€262▼

2024 · €277

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€48k€52k▲

Fixed assets21/28€6k€3k▼

Tangible fixed assets22/27€6k€3k▼

Plant, machinery and equipment23€601-

Furniture and vehicles24€4k€2k▼

Other tangible fixed assets26€1k€672▼

Current assets29/58€42k€49k▲

Stocks and contracts in progress3-€3k

Stocks30/36-€3k

Amounts receivable within one year40/41€34k€43k▲

Trade receivables40€2k€3k▲

Other amounts receivable41€32k€40k▲

Cash at bank and in hand54/58€6k€509▼

Deferred charges and accrued income490/1€2k€2k▼

Equity and liabilities

Total equity and liabilities10/49€48k€52k▲

Equity10/15€45k€49k▲

Contributions10/11€19k€19k=

Reserves13€41k€41k=

Distributable reserves133€41k€41k=

Profit (loss) carried forward14€-14k€-11k▲

Amounts payable17/49€3k€3k▼

Amounts payable within one year42/48€3k€3k▼

Trade debts44€3k€3k▼

Suppliers440/4€3k€3k▼

Taxes, remuneration and social security45€277€294▲

Taxes450/3€277€294▲

Accrued charges and deferred income492/3€64€66▲

Income statement Code20242025

Turnover70€108k-

Non-recurring operating income76A-€7k

Goods, raw materials, services and sundry goods60/61€130k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€-18k€8k▲

Operating profit (loss)9901€-23k€2k▲

Financial income75/76B€3k€2k▼

Recurring financial income75€3k€2k▼

Financial charges65/66B€137€153▲

Recurring financial charges65€137€153▲

Profit (loss) for the period before taxes9903€-20k€4k▲

Income taxes67/77€277€262▼

Profit (loss) for the period9904€-21k€4k▲

Profit (loss) for the period to be appropriated9905€-21k€4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-21k€-11k▲

Profit (loss) brought forward from the previous period14P-€-14k

Transfer from equity791/2€6k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2025

02-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

30-06

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

2024

02-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Weakest financial yearnet €-21k ▼800%

Net result drops to €-21k, the lowest in the series; recovery starts the following year.

2023

29-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

10-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

Financial Highest result since 2019net €25k ▲65.6%

Operating result €37k, net result €25k, both a record.

25-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-06

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

30-06

Financial Liquidity doublescurrent ratio 4.71

Current ratio from 1.89 to 4.71; short-term debt falls from €17k to €15k.

21-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2019

31-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2018

19-12

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2017

13-12

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

07-01

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Heusden-Zolder · 1 establishment unit since 2015

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sluisbamd 253550 Heusden-Zolder

Ground area

878 m²

Building footprint

192 m²

Parcel 71065B0124/00D000, Flanders. Linked by address, not a title deed.

1 establishment unit

BEY CONCEPT

Sluisbamd 25, 3550 Heusden-ZolderManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20152.244.379.169

1 parcel

Flanders 1 (100%)