C.V.CONCEPT'
ActiveSummary
C.V.CONCEPT' has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,900 and a net result of €13,102. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2023
Profitability86▲+5
Solvency89▼-7
Growth68▼-3
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.76 against 3.44 in 2023; short-term debt: 36.1% and cash: 32.7% of total assets), and 36.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2023
32 d early
2021
144 d early
2020
19 d early
2018
43 d early
2017
90 d early
2016
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€75,597▲ 0.6%
2023 · €75,176
EBIT margin
23.5%▲ 15.9pp
2023 · 7.6%
Net result
€13,102▲ 420%
2023 · €2,522
Working capital
€101,801▲ 19.5%
2023 · €85,169
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120232025
Turnover€60,441-€78,226▲ 29.4%€75,176-€75,597-
Operating result€2,831-€20,082▲ 609%€5,697-€17,777-
Net result€2,047within the sector's middle half-€16,949within the sector's middle half▲ 728%€2,522within the sector's middle half-€13,102within the sector's middle half-
EBIT margin4.7%-25.7%▲ 21.0pp7.6%-23.5%-
Equity€57,784within the sector's middle half-€74,733within the sector's middle half▲ 29.3%€85,896within the sector's middle half-€101,900within the sector's middle half-
Total assets€192,623within the sector's middle half-€188,061within the sector's middle half▼ 2.4%€120,839within the sector's middle half-€159,587within the sector's middle half-
Debt€134,839-€113,328▼ 16.0%€34,943-€57,686-
Working capital€38,500within the sector's middle half-€50,802within the sector's middle half▲ 32.0%€85,169above the sector's middle half-€101,801above the sector's middle half-
Solvency30.0%within the sector's middle half-39.7%within the sector's middle half▲ 9.7pp71.1%above the sector's middle half-63.9%within the sector's middle half-
Current ratio1.33within the sector's middle half-1.46within the sector's middle half▲ 0.133.44above the sector's middle half-2.76within the sector's middle half-
Return on assets (ROA)1.1%within the sector's middle half-9.0%within the sector's middle half▲ 8.0pp2.1%within the sector's middle half-8.2%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €17,777 in 2025, compared with €5,697 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €159,587
Fixed assets
€99 ▼ 86.3%
Current assets
€159,487 ▲ 32.8%
Equity and liabilities €159,587
Equity
€101,900 ▲ 18.6%
Debt
€57,686 ▲ 65.1%
Debt's share of the balance-sheet total rises from 28.9% to 36.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17,992▼
2023 · €18,712
Cash flow
€13,316▼
2023 · €15,537
Debt to equity
0.57▲
2023 · 0.41
ROE
12.9%▲
2023 · 2.9%
Interest coverage
161.75▼
2023 · 195.53
Debt ≤ 1 year
€57,686▲
2023 · €34,943
Income taxes
€4,564▲
2023 · €3,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €60,441 | €78,226 | €75,176 | €75,597 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €54,122 | €55,295 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,904 | €12,924 | €13,016 | €215 | - |
| Other operating charges640/8 | - | - | €2,341 | €2,311 | - |
| Gross operating margin9900 | €18,733 | €35,088 | €21,054 | €20,302 | - |
| Operating profit (loss)9901 | €2,831 | €20,082 | €5,697 | €17,777 | - |
| Financial income75/76B | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €0 | - | - |
| Non-recurring financial income76B | - | - | €0 | - | - |
| Financial charges65/66B | - | - | €96 | €111 | - |
| Recurring financial charges65 | €784 | €480 | €96 | €111 | - |
| Non-recurring financial charges66B | - | - | €96 | €111 | - |
| Profit (loss) for the period before taxes9903 | €2,047 | €19,603 | €5,601 | €17,665 | - |
| Income taxes67/77 | - | €2,654 | €3,080 | €4,564 | - |
| Profit (loss) for the period9904 | €2,047 | €16,949 | €2,522 | €13,102 | - |
| Profit (loss) for the period to be appropriated9905 | €2,047 | €16,949 | €2,522 | €13,102 | - |
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €192,623 | €188,061 | €120,839 | €159,587 | - |
| Formation expenses20 | - | - | €0 | - | - |
| Fixed assets21/28 | €37,547 | €26,540 | €727 | €99 | - |
| Tangible fixed assets22/27 | €37,547 | €26,540 | €727 | €99 | - |
| Plant, machinery and equipment23 | - | - | - | €99 | - |
| Furniture and vehicles24 | - | - | €727 | - | - |
| Current assets29/58 | €155,076 | €161,521 | €120,112 | €159,487 | - |
| Amounts receivable within one year40/41 | €69,883 | €66,334 | €56,583 | €107,124 | - |
| Trade receivables40 | - | - | €56,583 | €107,124 | - |
| Current investments50/53 | €84,288 | €94,630 | - | - | - |
| Cash at bank and in hand54/58 | - | - | €63,255 | €52,115 | - |
| Deferred charges and accrued income490/1 | - | - | €274 | €248 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €192,623 | €188,061 | €120,839 | €159,587 | - |
| Equity10/15 | €57,784 | €74,733 | €85,896 | €101,900 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | - |
| Profit (loss) carried forward14 | €37,324 | €54,273 | €65,436 | €81,440 | - |
| Amounts payable17/49 | €134,839 | €113,328 | €34,943 | €57,686 | - |
| Amounts payable after more than one year17 | €18,264 | €2,609 | €0 | - | - |
| Financial debts170/4 | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €116,576 | €110,719 | €34,943 | €57,686 | - |
| Financial debts43 | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | €0 | - | - |
| Trade debts44 | €3,057 | €2,911 | €8,475 | €1,175 | - |
| Suppliers440/4 | - | - | €8,475 | €1,175 | - |
| Taxes, remuneration and social security45 | - | - | €24,100 | €46,338 | - |
| Taxes450/3 | - | - | €6,149 | €7,395 | - |
| Remuneration and social security454/9 | - | - | €17,951 | €38,943 | - |
| Other amounts payable47/48 | - | - | €2,368 | €10,174 | - |
| Line | 2020 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,047 | €16,949 | €2,522 | €13,102 | - |
| + Depreciation and write-downs630 | €12,904 | €12,924 | €13,016 | €215 | - |
| Operating cash flow (approximation) | €14,951 | €29,873 | €15,537 | €13,316 | - |
| Investment in fixed assets (approximation) | - | -€1,917 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €100,000Eq €101,900 ▲18.6%
4 profitable years in a row build equity to €101,900.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 3.44
Current ratio from 1.46 to 3.44; short-term debt falls from €110,719 to €34,943.
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2020net €16,949 ▲728%
Operating result €20,082, net result €16,949, both a record.
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
27-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 88 days late
2013
27-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
21-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Flémalle · 1 establishment unit since 2004
Ground area
1,140 m²
Building footprint
131 m²
Volume, LiDAR
796 m³
Parcel 62007A0638/00G000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Hena(AWR) 217, 4400 Flémalle
since 20042.236.374.887
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62007A0638/00G000 | Wallonia | 1,140 m² | 1 · 131 m² | 7.8 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 1,512 companies in sector 47540 we hold annual accounts for 806. 648 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
Founded20-04-2004
Fiscal year end31-03
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864825175
Also
9925:BE0864825175
Registered
29-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.