CONCEPT
ActiveCONCEPT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €3k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-37
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 10.2 against 9.55 in 2024), and 8.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.1%
Return on assets
0.7%
Age of the figures
8 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
8 d late
2023
4 d early
2022
7 d early
2021
1 d early
2020
31 d late
2019
92 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€371k▲ 0.8%
2024 · €368k
2018: €72k
2019: €108k
2020: €178k
2021: €277k
2022: €346k
2023: €338k
2024: €368k
2018 → 2025
Total assets
€407k▼ 1.8%
2024 · €414k
2018: €94k
2019: €142k
2020: €207k
2021: €308k
2022: €381k
2023: €406k
2024: €414k
2018 → 2025
Net result
€3k▼ 90.0%
2024 · €30k
2018: €32k
2019: €36k
2020: €70k
2021: €93k
2022: €69k
2023: €-9k
2024: €30k
2018 → 2025
Working capital
€313k▲ 2.0%
2024 · €306k
2018: €54k
2019: €82k
2020: €133k
2021: €183k
2022: €269k
2023: €264k
2024: €306k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€277k-€346k▲ 24.9%€338k▼ 2.5%€368k▲ 8.8%€371k▲ 0.8%
Operating result€121k-€96k▼ 20.4%€2k▼ 97.8%€50k▲ 2,286%€16k▼ 67.1%
Net result€93k-€69k▼ 25.4%€-9k€30k€3k▼ 90.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407k
Fixed assets
€60k▼ 16.3%
Current assets
€347k▲ 1.3%
Equity and liabilities €407k
Equity
€371k▲ 0.8%
Debt
€36k▼ 22.3%
The debt ratio falls from 11.2% to 8.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▼
2024 · €72k
Cash flow
€18k▼
2024 · €51k
Solvency
91.1%▲
2024 · 88.8%
Current ratio
10.20▲
2024 · 9.55
Quick ratio
3.02▼
2024 · 3.12
Debt / equity
0.10▼
2024 · 0.13
ROE
0.8%▼
2024 · 8.1%
ROA
0.7%▼
2024 · 7.2%
Interest coverage
9.70▼
2024 · 19.67
Debt
€36k▼
2024 · €46k
Debt ≤ 1 year
€34k▼
2024 · €36k
Debt > 1 year
€2k▼
2024 · €11k
Income taxes
€10k▼
2024 · €17k
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€414k€407k▼
Fixed assets21/28€72k€60k▼
Tangible fixed assets22/27€65k€54k▼
Plant, machinery and equipment23€154€0▼
Furniture and vehicles24€23k€17k▼
Other tangible fixed assets26€42k€36k▼
Financial fixed assets28€7k€7k=
Current assets29/58€342k€347k▲
Stocks and contracts in progress3€230k€244k▲
Stocks30/36€230k€244k▲
Amounts receivable within one year40/41€26k€31k▲
Trade receivables40€12k€24k▲
Other amounts receivable41€14k€7k▼
Cash at bank and in hand54/58€82k€68k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€414k€407k▼
Equity10/15€368k€371k▲
Contributions10/11€19k€19k=
Reserves13€247k€247k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€245k€245k=
Profit (loss) carried forward14€102k€105k▲
Amounts payable17/49€46k€36k▼
Amounts payable after more than one year17€11k€2k▼
Financial debts170/4€11k€2k▼
Amounts payable within one year42/48€36k€34k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€23k€22k▼
Taxes450/3€21k€19k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€15k▼
Other operating charges640/8€673€695▲
Gross operating margin9900€72k€32k▼
Operating profit (loss)9901€50k€16k▼
Financial income75/76B€11€1▼
Recurring financial income75€11€1▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€46k€13k▼
Income taxes67/77€17k€10k▼
Profit (loss) for the period9904€30k€3k▼
Profit (loss) for the period to be appropriated9905€30k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€105k▼
Profit (loss) brought forward from the previous period14P€97k€102k▲
Transfer to equity691/2€25k€0▼
To other reserves6921€25k€0▼
The notes to these accounts (15 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼112%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €93k ▲31.4%
Operating result €121k, net result €93k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲55.4%
4 profitable years in a row build equity to €277k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €178k ▲65.3%
3 profitable years in a row build equity to €178k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Equity above €100kEq €108k ▲49.9%
2 profitable years in a row build equity to €108k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2016
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.
Georges Brugmannplein 61050 ElseneGround area
593 m²
Building footprint
514 m²
Volume, LiDAR
12,760 m³
Parcel 21447B0309/00R004, Brussels · tallest building 29.0 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Concept
since 20162.280.908.676
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0309/00R004 | Brussels | 593 m² | 1 · 514 m² | 29.0 m · 9 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
CARROUCHE BIS
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VISE MODE
BE 0435.397.762
Visé · Eq €369k
BERNN
BE 1003.925.848
Beringen · Eq €374k
J.M.T. FASHION
BE 0450.576.381
Herve · Eq €362k
Danini
BE 0843.292.066
Maasmechelen · Eq €359k
Of 1,268 companies in sector 47512 we hold annual accounts for 579. 425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2016
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
47511Retail trade
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.