CONCEPT 58
Open bankruptcyA bankruptcy procedure is open for CONCEPT 58 according to publications in the Belgian State Gazette; curator: VIRGINIE SALTEUR.
Summary
The 2021 annual accounts show negative equity (€-2k) and a net result of €-5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
61 d late
2020
89 d late
2019
74 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-2k
2020 · €3k
2019: €-373
2020: €3k
2019 → 2021
Total assets
€32k▲ 92.0%
2020 · €16k
2019: €6k
2020: €16k
2019 → 2021
Net result
€-5k
2020 · €4k
2019: €-7k
2020: €4k
2019 → 2021
Working capital
€-6k
2020 · €3k
2019: €-373
2020: €3k
2019 → 2021
Multi-year overview
Available amounts per fiscal year
Line201920202021Trend
Equity€-373-€3k€-2k
Operating result€-7k-€4k€-5k
Net result€-7k-€4k€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €5k after €4k in 2020.
Balance-sheet composition
Assets €32k
Fixed assets
€4k
Current assets
€28k
Key figures and ratios
EBITDA
€-4k
Cash flow
€-4k
Solvency
-6.1%▼
2020 · 19.5%
Current ratio
0.83▼
2020 · 1.24
Debt to equity
-17.35
ROA
-16.3%▼
2020 · 21.7%
Interest coverage
-19.12
Debt
€34k▲
2020 · €13k
Debt ≤ 1 year
€34k▲
2020 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 30 lines
Balance sheet
Code20202021
Assets
Total assets20/58€16k€32k▲
Fixed assets21/28-€4k
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Current assets29/58€16k€28k▲
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€13k€25k▲
Equity and liabilities
Total equity and liabilities10/49€16k€32k▲
Equity10/15€3k€-2k▼
Contributions10/11-€6k
Profit (loss) carried forward14€-3k€-8k▼
Amounts payable17/49€13k€34k▲
Amounts payable within one year42/48€13k€34k▲
Trade debts44€2k€2k=
Suppliers440/4-€2k
Other amounts payable47/48-€31k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Gross operating margin9900€4k€-4k▼
Operating profit (loss)9901€4k€-5k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€203
Recurring financial charges65€189€203▲
Profit (loss) for the period before taxes9903€4k€-5k▼
Profit (loss) for the period9904€4k€-5k▼
Profit (loss) for the period to be appropriated9905€4k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-8k
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · CONCEPT 58 SRL PARC INDUSTRIEL 4 B, 1440 WAUTHIER-BRAINE · event 12-06-2025
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
SignalFinancial 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, Braine-le-Château
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.
Parc Industriel(W-B) 4 B1440 Braine-le-ChâteauGround area
3,658 m²
Building footprint
1,875 m²
Parcel 25111A0428/00T000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0428/00T000 | Wallonia | 3,658 m² | 1 · 1,874 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AVENUE DU CENTENAIRE 120,
1400 NIVELLES |
12-06-2025 → present |
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 4,097 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.