Bright Concept
ActiveSummary
Bright Concept has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53k and a net result of €-38k. Equity is shrinking by ~43.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 17% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▲+12
Solvency39▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 1.29 in 2023; short-term debt: 85.6% and cash: 0.2% of total assets), and 85.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
14.4%
Return on assets
-10.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-38k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 17%
← weakest
strongest →
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 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
30 d late
2022
88 d late
2021
61 d late
2020
90 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€53k▼ 41.7%
2023 · €91k
2019: €487k
2020: €488k▲ +0.2% vs 2019highest in 6 years
2021: €268k▼ -45.0% vs 2020
2022: €190k▼ -29.2% vs 2021
2023: €91k▼ -52.1% vs 2022
2024: €53k▼ -41.7% vs 2023lowest in 6 years
2019 → 2024
Total assets
€368k▼ 3.4%
2023 · €381k
2019: €837k
2020: €856k▲ +2.2% vs 2019
2021: €891k▲ +4.1% vs 2020highest in 6 years
2022: €608k▼ -31.8% vs 2021
2023: €381k▼ -37.4% vs 2022
2024: €368k▼ -3.4% vs 2023lowest in 6 years
2019 → 2024
Net result
€-38k▲ 61.6%
2023 · €-99k
2019: €-23k
2020: €863▲ +104% vs 2019
2021: €2k▲ +148% vs 2020highest in 6 years
2022: €-36k▼ -1777% vs 2021
2023: €-99k▼ -175% vs 2022lowest in 6 years
2024: €-38k▲ +61.6% vs 2023
2019 → 2024
Working capital
€46k▼ 45.4%
2023 · €83k
2019: €357k
2020: €387k▲ +8.5% vs 2019highest in 6 years
2021: €177k▼ -54.2% vs 2020
2022: €91k▼ -48.8% vs 2021
2023: €83k▼ -8.0% vs 2022
2024: €46k▼ -45.4% vs 2023lowest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€488k-€268k▼ 45.0%€190k▼ 29.2%€91k▼ 52.1%€53k▼ 41.7%
2020: €488khighest in 5 years
2021: €268k▼ -45.0% vs 2020
2022: €190k▼ -29.2% vs 2021
2023: €91k▼ -52.1% vs 2022
2024: €53k▼ -41.7% vs 2023lowest in 5 years
Operating result€5k-€426▼ 90.8%€-36k€-49k▼ 34.2%€-40k▲ 17.3%
2020: €5khighest in 5 years
2021: €426▼ -90.8% vs 2020
2022: €-36k▼ -8668% vs 2021
2023: €-49k▼ -34.2% vs 2022lowest in 5 years
2024: €-40k▲ +17.3% vs 2023
Net result€863-€2k▲ 148%€-36k€-99k▼ 175%€-38k▲ 61.6%
2020: €863
2021: €2k▲ +148% vs 2020highest in 5 years
2022: €-36k▼ -1777% vs 2021
2023: €-99k▼ -175% vs 2022lowest in 5 years
2024: €-38k▲ +61.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €40k in 2024 against €49k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €368k
Fixed assets
€8k =
Current assets
€360k ▼ 3.4%
Equity and liabilities €368k
Equity
€53k ▼ 41.7%
Debt
€315k ▲ 8.7%
Debt's share of the balance-sheet total rises from 76.1% to 85.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.14▼
2023 · 1.29
Debt to equity
5.93▲
2023 · 3.18
ROE
-71.5%▲
2023 · -108.6%
ROA
-10.3%▲
2023 · -26.0%
Debt ≤ 1 year
€315k▲
2023 · €290k
Income taxes
€459▼
2023 · €1k
Staff costs
€45k▲
2023 · €35k
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€381k€368k▼
Fixed assets21/28€8k€8k=
Tangible fixed assets22/27€8k€8k=
Land and buildings22€8k€8k=
Plant, machinery and equipment23€0-
Financial fixed assets28€0-
Current assets29/58€373k€360k▼
Amounts receivable after more than one year29€321k€321k=
Other amounts receivable291€321k€321k=
Amounts receivable within one year40/41€43k€39k▼
Trade receivables40€14k€9k▼
Other amounts receivable41€30k€30k=
Cash at bank and in hand54/58€9k€595▼
Equity and liabilities
Total equity and liabilities10/49€381k€368k▼
Equity10/15€91k€53k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€83k€45k▼
Amounts payable17/49€290k€315k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€290k€315k▲
Current portion of amounts payable after more than one year42€0€1k▲
Trade debts44€17k€4k▼
Suppliers440/4€17k€4k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€532▼
Remuneration and social security454/9€0€9k▲
Other amounts payable47/48€269k€300k▲
Income statement
Code20232024
Remuneration, social security and pensions62€35k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€613▼
Gross operating margin9900€-13k€5k▲
Operating profit (loss)9901€-49k€-40k▲
Financial income75/76B€12k€4k▼
Recurring financial income75€4k€4k=
Non-recurring financial income76B€8k€0▼
Financial charges65/66B€61k€1k▼
Recurring financial charges65€6k€1k▼
Non-recurring financial charges66B€55k€0▼
Profit (loss) for the period before taxes9903€-98k€-37k▲
Income taxes67/77€1k€459▼
Profit (loss) for the period9904€-99k€-38k▲
Profit (loss) for the period to be appropriated9905€-99k€-38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€45k▼
Profit (loss) brought forward from the previous period14P€182k€83k▼
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €34k | €35k | €35k | €45k | ▲ 30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €37k | €21k | €0 | - | - |
| Other operating charges640/8 | - | €2k | €3k | €2k | €613 | ▼ 63.9% |
| Gross operating margin9900 | €83k | €74k | €22k | €-13k | €5k | ▲ 142% |
| Operating profit (loss)9901 | €5k | €426 | €-36k | €-49k | €-40k | ▲ 17.3% |
| Financial income75/76B | - | €8k | €6k | €12k | €4k | ▼ 65.7% |
| Recurring financial income75 | €7k | €8k | €6k | €4k | €4k | = |
| Non-recurring financial income76B | - | - | - | €8k | €0 | ▼ 100% |
| Financial charges65/66B | - | €3k | €3k | €61k | €1k | ▼ 98.0% |
| Recurring financial charges65 | €4k | €3k | €3k | €6k | €1k | ▼ 79.4% |
| Non-recurring financial charges66B | - | - | - | €55k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €7k | €6k | €-34k | €-98k | €-37k | ▲ 61.7% |
| Income taxes67/77 | €6k | €4k | €2k | €1k | €459 | ▼ 56.4% |
| Profit (loss) for the period9904 | €863 | €2k | €-36k | €-99k | €-38k | ▲ 61.6% |
| Profit (loss) for the period to be appropriated9905 | €863 | €2k | €-36k | €-99k | €-38k | ▲ 61.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €856k | €891k | €608k | €381k | €368k | ▼ 3.4% |
| Fixed assets21/28 | €250k | €234k | €234k | €8k | €8k | = |
| Tangible fixed assets22/27 | €249k | €233k | €233k | €8k | €8k | = |
| Land and buildings22 | - | €232k | €232k | €8k | €8k | = |
| Plant, machinery and equipment23 | - | €1k | €304 | €0 | - | - |
| Furniture and vehicles24 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €1k | €1k | €1k | €0 | - | - |
| Current assets29/58 | €605k | €657k | €374k | €373k | €360k | ▼ 3.4% |
| Amounts receivable after more than one year29 | - | €486k | €366k | €321k | €321k | = |
| Other amounts receivable291 | - | €486k | €366k | €321k | €321k | = |
| Amounts receivable within one year40/41 | €116k | €147k | €6k | €43k | €39k | ▼ 10.3% |
| Trade receivables40 | - | €42k | €0 | €14k | €9k | ▼ 32.7% |
| Other amounts receivable41 | - | €105k | €6k | €30k | €30k | = |
| Cash at bank and in hand54/58 | €3k | €24k | €2k | €9k | €595 | ▼ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €856k | €891k | €608k | €381k | €368k | ▼ 3.4% |
| Equity10/15 | €488k | €268k | €190k | €91k | €53k | ▼ 41.7% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €266k | €44k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €42k | €0 | - | - | - |
| Profit (loss) carried forward14 | €216k | €218k | €182k | €83k | €45k | ▼ 45.7% |
| Amounts payable17/49 | €368k | €623k | €418k | €290k | €315k | ▲ 8.7% |
| Amounts payable after more than one year17 | €150k | €143k | €135k | €0 | - | - |
| Financial debts170/4 | - | €143k | €135k | €0 | - | - |
| Amounts payable within one year42/48 | €218k | €480k | €283k | €290k | €315k | ▲ 8.7% |
| Current portion of amounts payable after more than one year42 | - | €7k | €8k | €0 | €1k | - |
| Trade debts44 | €13k | €10k | €971 | €17k | €4k | ▼ 77.6% |
| Suppliers440/4 | - | €10k | €971 | €17k | €4k | ▼ 77.6% |
| Taxes, remuneration and social security45 | - | €12k | €27k | €4k | €9k | ▲ 149% |
| Taxes450/3 | - | €7k | €15k | €4k | €532 | ▼ 85.8% |
| Remuneration and social security454/9 | - | €5k | €12k | €0 | €9k | - |
| Other amounts payable47/48 | - | €451k | €247k | €269k | €300k | ▲ 11.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €863 | €2k | €-36k | €-99k | €-38k | ▲ 61.6% |
| + Depreciation and write-downs630 | €40k | €37k | €21k | €0 | - | - |
| Operating cash flow (approximation) | €41k | €39k | €-15k | €-99k | €-38k | ▲ 61.6% |
| Investment in fixed assets (approximation) | - | €-21k | €-21k | €226k | €0 | ▼ 100% |
| Change in cash | - | €21k | €-22k | €7k | €-8k | ▼ 214% |
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
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-99k
Net result drops to €-99k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Highest result since 2019net €2k ▲148%
Net result €2k, the highest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €863
Net result €863 after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
20-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 2009
Ground area
2,650 m²
Building footprint
160 m²
Volume, LiDAR
1,171 m³
Parcel 25076B0283/00E000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bright Concept
since 20092.178.403.828
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0283/00E000 | Wallonia | 2,650 m² | 1 · 159 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,392 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 (pre-2019)
Founded25-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.