BM CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of BM CONCEPT is 1.5% (moderate). The 2024 annual accounts show equity of €71k and a net result of €30k. Equity is growing by ~60.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 3540 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+11
Solvency65▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.45 against 1.09 in 2023; short-term debt: 59.7% and cash: 20.8% of total assets), and 59.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
40.3%
Return on assets
16.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2026, 357 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
357 d late
2023
343 d late
2022
330 d late
2021
153 d late
2020
200 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€71k▲ 72.3%
2023 · €41k
2020: €-5klowest in 5 years
2021: €11k▲ +303% vs 2020
2022: €29k▲ +168% vs 2021
2023: €41k▲ +43.5% vs 2022
2024: €71k▲ +72.3% vs 2023highest in 5 years
2020 → 2024
Total assets
€175k▲ 13.6%
2023 · €154k
2020: €44klowest in 5 years
2021: €121k▲ +171% vs 2020
2022: €192k▲ +59.0% vs 2021highest in 5 years
2023: €154k▼ -19.6% vs 2022
2024: €175k▲ +13.6% vs 2023
2020 → 2024
Net result
€30k▲ 139%
2023 · €12k
2020: €-18klowest in 5 years
2021: €16k▲ +190% vs 2020
2022: €18k▲ +12.8% vs 2021
2023: €12k▼ -30.6% vs 2022
2024: €30k▲ +139% vs 2023highest in 5 years
2020 → 2024
Working capital
€47k▲ 385%
2023 · €10k
2020: €-908lowest in 5 years
2021: €11k▲ +1314% vs 2020
2022: €29k▲ +165% vs 2021
2023: €10k▼ -67.1% vs 2022
2024: €47k▲ +385% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€11k€29k▲ 168%€41k▲ 43.5%€71k▲ 72.3%
2020: €-5klowest in 5 years
2021: €11k▲ +303% vs 2020
2022: €29k▲ +168% vs 2021
2023: €41k▲ +43.5% vs 2022
2024: €71k▲ +72.3% vs 2023highest in 5 years
Operating result€-16k-€16k€24k▲ 44.8%€17k▼ 26.8%€42k▲ 142%
2020: €-16klowest in 5 years
2021: €16k▲ +200% vs 2020
2022: €24k▲ +44.8% vs 2021
2023: €17k▼ -26.8% vs 2022
2024: €42k▲ +142% vs 2023highest in 5 years
Net result€-18k-€16k€18k▲ 12.8%€12k▼ 30.6%€30k▲ 139%
2020: €-18klowest in 5 years
2021: €16k▲ +190% vs 2020
2022: €18k▲ +12.8% vs 2021
2023: €12k▼ -30.6% vs 2022
2024: €30k▲ +139% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 142% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets
€24k ▼ 23.5%
Current assets
€151k ▲ 23.1%
Equity and liabilities €175k
Equity
€71k ▲ 72.3%
Debt
€105k ▼ 7.7%
Debt's share of the balance-sheet total falls from 73.4% to 59.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2023 · €21k
Cash flow
€39k▲
2023 · €16k
Current ratio
1.45▲
2023 · 1.09
Quick ratio
0.67▲
2023 · 0.43
Debt to equity
1.48▼
2023 · 2.76
ROE
42.0%▲
2023 · 30.3%
ROA
16.9%▲
2023 · 8.1%
Interest coverage
46.94▼
2023 · 114.62
Debt ≤ 1 year
€105k▼
2023 · €113k
Income taxes
€12k▲
2023 · €5k
Staff costs
€152k▼
2023 · €156k
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 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€154k€175k▲
Fixed assets21/28€31k€24k▼
Tangible fixed assets22/27€31k€22k▼
Plant, machinery and equipment23€30k€22k▼
Furniture and vehicles24€910€75▼
Financial fixed assets28€175€2k▲
Current assets29/58€123k€151k▲
Stocks and contracts in progress3€74k€81k▲
Stocks30/36€74k€81k▲
Amounts receivable within one year40/41€31k€20k▼
Trade receivables40€17k€11k▼
Other amounts receivable41€14k€9k▼
Cash at bank and in hand54/58€4k€36k▲
Deferred charges and accrued income490/1€14k€14k=
Equity and liabilities
Total equity and liabilities10/49€154k€175k▲
Equity10/15€41k€71k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€29k€58k▲
Amounts payable17/49€113k€105k▼
Amounts payable within one year42/48€113k€105k▼
Trade debts44€60k€51k▼
Suppliers440/4€60k€51k▼
Taxes, remuneration and social security45€53k€53k=
Taxes450/3€42k€32k▼
Remuneration and social security454/9€11k€21k▲
Income statement
Code20232024
Remuneration, social security and pensions62€156k€152k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k▲
Other operating charges640/8€7k€8k▲
Gross operating margin9900€183k€211k▲
Operating profit (loss)9901€17k€42k▲
Financial income75/76B€377€711▲
Recurring financial income75€377€711▲
Financial charges65/66B€185€1k▲
Recurring financial charges65€185€1k▲
Profit (loss) for the period before taxes9903€18k€42k▲
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€12k€30k▲
Profit (loss) for the period to be appropriated9905€12k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€58k▲
Profit (loss) brought forward from the previous period14P€16k€29k▲
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6k | €18k | - | - | - |
| Remuneration, social security and pensions62 | - | €46k | €100k | €156k | €152k | ▼ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €4k | €9k | ▲ 142% |
| Other operating charges640/8 | - | - | €4k | €7k | €8k | ▲ 14.9% |
| Non-recurring operating charges66A | - | - | €11k | - | - | - |
| Gross operating margin9900 | €50k | €63k | €139k | €183k | €211k | ▲ 15.1% |
| Operating profit (loss)9901 | €-16k | €16k | €24k | €17k | €42k | ▲ 142% |
| Financial income75/76B | - | €23 | €288 | €377 | €711 | ▲ 88.9% |
| Recurring financial income75 | - | €23 | €288 | €377 | €711 | ▲ 88.9% |
| Financial charges65/66B | - | €546 | €1k | €185 | €1k | ▲ 490% |
| Recurring financial charges65 | €1k | €546 | €1k | €185 | €1k | ▲ 490% |
| Profit (loss) for the period before taxes9903 | €-18k | €16k | €23k | €18k | €42k | ▲ 137% |
| Income taxes67/77 | - | - | €5k | €5k | €12k | ▲ 133% |
| Profit (loss) for the period9904 | €-18k | €16k | €18k | €12k | €30k | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €-18k | €16k | €18k | €12k | €30k | ▲ 139% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €121k | €192k | €154k | €175k | ▲ 13.6% |
| Fixed assets21/28 | €175 | €175 | €175 | €31k | €24k | ▼ 23.5% |
| Tangible fixed assets22/27 | - | - | - | €31k | €22k | ▼ 29.4% |
| Plant, machinery and equipment23 | - | - | - | €30k | €22k | ▼ 27.5% |
| Furniture and vehicles24 | - | - | - | €910 | €75 | ▼ 91.7% |
| Financial fixed assets28 | €175 | €175 | €175 | €175 | €2k | ▲ 1,029% |
| Current assets29/58 | €44k | €121k | €192k | €123k | €151k | ▲ 23.1% |
| Stocks and contracts in progress3 | €22k | €57k | €54k | €74k | €81k | ▲ 9.4% |
| Stocks30/36 | - | €57k | €54k | €74k | €81k | ▲ 9.4% |
| Amounts receivable within one year40/41 | €9k | €58k | €125k | €31k | €20k | ▼ 36.6% |
| Trade receivables40 | - | €57k | €122k | €17k | €11k | ▼ 37.8% |
| Other amounts receivable41 | - | €746 | €3k | €14k | €9k | ▼ 35.2% |
| Cash at bank and in hand54/58 | €14k | €5k | €13k | €4k | €36k | ▲ 938% |
| Deferred charges and accrued income490/1 | - | - | - | €14k | €14k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €121k | €192k | €154k | €175k | ▲ 13.6% |
| Equity10/15 | €-5k | €11k | €29k | €41k | €71k | ▲ 72.3% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-18k | €-2k | €16k | €29k | €58k | ▲ 104% |
| Amounts payable17/49 | €50k | €110k | €163k | €113k | €105k | ▼ 7.7% |
| Amounts payable within one year42/48 | €45k | €109k | €162k | €113k | €105k | ▼ 7.7% |
| Trade debts44 | €14k | €98k | €137k | €60k | €51k | ▼ 14.5% |
| Suppliers440/4 | - | €98k | €137k | €60k | €51k | ▼ 14.5% |
| Taxes, remuneration and social security45 | - | €12k | €25k | €53k | €53k | = |
| Taxes450/3 | - | €7k | €16k | €42k | €32k | ▼ 24.0% |
| Remuneration and social security454/9 | - | €5k | €9k | €11k | €21k | ▲ 87.3% |
| Accrued charges and deferred income492/3 | - | €540 | €811 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-18k | €16k | €18k | €12k | €30k | ▲ 139% |
| + Depreciation and write-downs630 | - | - | - | €4k | €9k | ▲ 142% |
| Operating cash flow (approximation) | €-18k | €16k | €18k | €16k | €39k | ▲ 139% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-35k | €-2k | ▲ 94.9% |
| Change in cash | - | €-9k | €9k | €-10k | €33k | ▲ 430% |
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
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 357 days late
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 343 days late
2024
31-12
Financial
Highest result since 2020net €30k ▲139%
Operating result €42k, net result €30k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 330 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 200 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
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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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, Profondeville · 2 establishment units since 2019
Ground area
2,986 m²
Building footprint
391 m²
Volume, LiDAR
2,275 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BM CONCEPT SPRL
since 20192.288.748.850
BM CONCEPT SRL
since 20262.385.999.268
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92014C0901/00G002 | Wallonia | 1,825 m² | 1 · 252 m² | 11.3 m · 3 fl. |
| 93024B0029/00X000 | Wallonia | 1,161 m² | 1 · 139 m² | - |
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.
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Of 757 companies in sector 95313 we hold annual accounts for 289. 229 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
Founded26-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95315Tyre services
47820Retail sale of motor vehicle parts and accessories
Contact
E-mail
bm-concept@hotmail.com
Phone
+32466307913
Scores and ratios are computed by Checked and are not a credit decision.