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CONCEPT

Active Private limited companyfounded 2002active for 24 yearsBurmstraat 8, 9112 Sint-NiklaasKBO/BCE: BE 0477.852.385

Lifetime

21 annual accounts with figures on one time axis, 24 filings since 2002
peak €39,811 (2025)
€39,811▲ 234%
lowest -€6,197 (2010)
€14,522▲ 21×
peak €46,732 (2025)
€46,732▲ 45.1%
€48,098▲ 28.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €11,904 to €39,811Result from €703 to €14,522Equity from €32,210 to €46,732Debts from €37,515 to €48,098Cash from €15,780 to €74,676

Key points

from the 2025 annual accounts

Equity

€46,732 ▲ 45.1%

CONCEPT has made a profit without a break since 2011.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

The last five annual accounts were filed 18 to 37 days before the end of the period.

Position in the sector

€46,732

Less equity than 84% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as CONCEPT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

New director appointed, resigned · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
First establishment Burmstraat 8, Sint-Niklaas
Incorporation published on 11-07-2002 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 27-06-2002Normal situation
Activity
Agents in non-specialised wholesale tradeNACE 46190and 3 others
Establishment unit
2.096.295.2099112 Sint-Niklaas, since 12-08-2002
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €170,000estimated
€94,830▲ 36.0%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on CONCEPT

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.

Key facts about CONCEPT

What is the company number of CONCEPT?
The company number of CONCEPT is 0477.852.385. The VAT number is the same number with BE in front: BE 0477.852.385.
Where is CONCEPT based?
The registered office is at Burmstraat 8, 9112 Sint-Niklaas.Company details
What does CONCEPT do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of CONCEPT?
CONCEPT is a private limited company (BV).
When was CONCEPT founded?
CONCEPT was founded on 27-06-2002.
Is CONCEPT still active?
Yes, CONCEPT is an active enterprise in the KBO register.
What is the turnover of CONCEPT?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €39,811 and 38 comparable companies (NACE 461). It probably lies between €110,000 and €440,000.Financials
Is CONCEPT profitable?
In financial year 2025, CONCEPT made a profit of €14,522.
Where can I find the annual accounts of CONCEPT?
CONCEPT filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CONCEPT due?
CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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