Equity
CONCEPT has made a profit without a break since 2011.
CONCEPT has made a profit without a break since 2011.
The last five annual accounts were filed 18 to 37 days before the end of the period.
Less equity than 84% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.
In July 2024, 31,356 companies had the same profile as CONCEPT has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| CONCEPT Sint-Niklaas | €94,830 | €39,811 | 49.3% | - |
| A.C.T. INTERPACK Charleroi | €89,636 | €47,305 | 74.2% | - |
| BM TOOLS Roosdaal | €98,902 | €33,066 | 97.5% | 0 |
| VERMAERCKE CATHERINE Knokke-Heist | €110,154 | €50,833 | 41.1% | - |
| ROX Alken | €103,835 | €40,154 | -89.9% | - |
| HannElke Ronse | €153,657 | €43,264 | 76.0% | - |
| Bord d'Escaut Zele | €128,702 | €22,747 | -58.5% | - |
These companies have the same main activity as CONCEPT: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €89,600 and €154,000, founded between 2002 and 2006.
CONCEPT files the abbreviated format. That format states no turnover. The gross margin rose from €10,364 in 2005 to €39,811 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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