BSV CONCEPT
ActiveThe computed 12-month bankruptcy probability of BSV CONCEPT is 1.6% (moderate). The 2025 annual accounts show negative equity (€-25k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27386 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency33=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.4 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 →
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 2025Solvency, return and age of the figures
Solvency
-116.6%
Return on assets
13.7%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27386 sector peers (2025).
NBB · sector comparisonPosition among 27386 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
53 d early
2024
16 d early
2023
34 d late
2022
51 d late
2021
39 d late
2020
8 d early
2019
41 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-25k▲ 10.5%
2024 · €-28k
2018: €1k
2019: €20k
2020: €16k
2021: €15k
2022: €16k
2023: €-13k
2024: €-28k
2018 → 2025
Total assets
€22k▲ 13.5%
2024 · €19k
2018: €27k
2019: €41k
2020: €33k
2021: €31k
2022: €30k
2023: €27k
2024: €19k
2018 → 2025
Net result
€3k
2024 · €-16k
2018: €-5k
2019: €18k
2020: €-4k
2021: €-519
2022: €840
2023: €-29k
2024: €-16k
2018 → 2025
Working capital
€-25k▲ 10.0%
2024 · €-28k
2018: €-68
2019: €20k
2020: €16k
2021: €17k
2022: €15k
2023: €-13k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€16k▲ 5.5%€-13k€-28k▼ 126%€-25k▲ 10.5%
Operating result€664-€2k▲ 219%€-29k€-16k▲ 47.1%€4k
Net result€-519-€840€-29k€-16k▲ 45.2%€3k
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: €4k after a loss of €16k in 2024, the highest year so far.
Key figures and ratios
EBITDA
€4k▲
2024 · €-14k
Cash flow
€3k▲
2024 · €-14k
Solvency
-116.6%▲
2024 · -148.0%
Current ratio
0.46▲
2024 · 0.40
Quick ratio
0.46▲
2024 · 0.40
Debt / equity
-1.86▼
2024 · -1.68
ROE
-11.8%▼
2024 · 55.7%
ROA
13.7%▲
2024 · -82.4%
Interest coverage
6.22▲
2024 · -68.97
Debt
€47k▼
2024 · €47k
Debt ≤ 1 year
€47k▼
2024 · €47k
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€19k€22k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€19k€22k▲
Amounts receivable within one year40/41€17k€19k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€14k€14k▲
Cash at bank and in hand54/58€1k€3k▲
Deferred charges and accrued income490/1€581€0▼
Equity and liabilities
Total equity and liabilities10/49€19k€22k▲
Equity10/15€-28k€-25k▲
Contributions10/11€6k€8k▲
Reserves13€14k€12k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-48k€-45k▲
Amounts payable17/49€47k€47k▼
Amounts payable within one year42/48€47k€47k▼
Trade debts44€217€5k▲
Suppliers440/4€217€5k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€47k€43k▼
Accrued charges and deferred income492/3€164€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€0▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-13k€5k▲
Operating profit (loss)9901€-16k€4k▲
Financial income75/76B€12€1▼
Recurring financial income75€12€1▼
Financial charges65/66B€202€573▲
Recurring financial charges65€202€573▲
Profit (loss) for the period before taxes9903€-16k€3k▲
Profit (loss) for the period9904€-16k€3k▲
Profit (loss) for the period to be appropriated9905€-16k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-45k▲
Profit (loss) brought forward from the previous period14P€-32k€-48k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
31-12
Financial
Weakest financial yearnet €-29k ▼3528%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Back to profitnet €840
Net result €840 after 2 loss-making years.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lille · 1 establishment unit since 2017
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.
Veldstraat 122275 LilleGround area
656 m²
Building footprint
180 m²
Volume, LiDAR
802 m³
Parcel 13019E0792/00A002, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BSV CONCEPT
since 20172.270.600.645
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019E0792/00A002 | Flanders | 656 m² | 1 · 180 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BÂTI-NRGI
BE 0759.963.029
Les Bons Villers · Eq €16k
PDV WORKS
BE 1012.923.686
Sint-Lievens-Houtem · Eq €16k
ARCooling
BE 0791.391.722
Charleroi · Eq €16k
Dirk Welslau
BE 0472.499.866
Kontich · Eq €16k
V & V SERVICE
BE 0472.382.773
Zemst · Eq €16k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,627. 3,205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2017
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.