CONCEPT 7/24
ActiveThe computed 12-month bankruptcy probability of CONCEPT 7/24 is 2.7% (moderate). The 2025 annual accounts show equity of €6k and a net result of €4k. Its solvency ranks better than 23% of 7684 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency20▲+17
Growth78
Stability94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.31 in 2024), and 78.3% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7684 sector peers (2025).
NBB · sector comparisonPosition among 7684 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
7 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▲ 135%
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€-9k▲ 62.1%
2024 · €-24k
2024: €-24k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€2k-€6k▲ 235%
Operating result€3k-€6k▲ 117%
Net result€2k-€4k▲ 135%
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 117% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€15k▼ 40.4%
Current assets
€14k▲ 29.1%
Equity and liabilities €29k
Equity
€6k▲ 235%
Debt
€22k▼ 34.1%
The debt ratio falls from 94.8% to 78.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▲
2024 · €17k
Cash flow
€15k▼
2024 · €16k
Solvency
21.7%▲
2024 · 5.2%
Current ratio
0.60▲
2024 · 0.31
Quick ratio
0.60▲
2024 · 0.31
Debt / equity
3.60▼
2024 · 18.31
ROE
70.2%▼
2024 · 100.0%
ROA
15.2%▲
2024 · 5.2%
Interest coverage
257.99▲
2024 · 135.12
Debt
€22k▼
2024 · €34k
Debt ≤ 1 year
€22k▼
2024 · €34k
Income taxes
€2k▲
2024 · €854
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€36k€29k▼
Fixed assets21/28€25k€15k▼
Tangible fixed assets22/27€25k€15k▼
Plant, machinery and equipment23€14k€7k▼
Furniture and vehicles24€12k€8k▼
Financial fixed assets28-€190
Current assets29/58€10k€14k▲
Amounts receivable within one year40/41€4k€12k▲
Trade receivables40-€7k
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€36k€29k▼
Equity10/15€2k€6k▲
Profit (loss) carried forward14€2k€6k▲
Amounts payable17/49€34k€22k▼
Amounts payable within one year42/48€34k€22k▼
Trade debts44€131€20k▲
Suppliers440/4€131€20k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€854€3k▲
Remuneration and social security454/9€9k-
Other amounts payable47/48€25k€38▼
Income statement
Code20242025
Remuneration, social security and pensions62€399-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€786€336▼
Gross operating margin9900€18k€17k▼
Operating profit (loss)9901€3k€6k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€122€65▼
Recurring financial charges65€122€65▼
Profit (loss) for the period before taxes9903€3k€6k▲
Income taxes67/77€854€2k▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€6k▲
Profit (loss) brought forward from the previous period14P-€2k
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
NBB filing
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, Zaventem · 1 establishment unit since 2023
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.
Leuvensesteenweg 2461932 ZaventemGround area
4,154 m²
Building footprint
1,410 m²
Volume, LiDAR
4,894 m³
2 parcels, Brussels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eugène Smitsstraat 62, 1030 Schaarbeek
since 20232.346.149.292
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0040/00L002 | Brussels | 3,693 m² | 1 · 1,218 m² | 13.6 m · 1 fl. |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
KENZOA
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MULTITHERM
BE 0507.737.689
Elsene · Eq €6k
VS-Services
BE 0682.671.449
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I&L
BE 0822.705.993
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RAEYMAEKERS SANITAIR EN VERWARMING
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Keerbergen · Eq €6k
Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 1,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2023
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.