CONCEPT & CO
ActiveCONCEPT & CO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €775k and a net result of €159k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-1
Solvency71▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.71 in 2024; short-term debt: 29.6% and cash: 14.2% of total assets), but 53.8% 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
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
46.2%
Return on assets
9.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
28 d early
2024
10 d early
2023
3 d early
2022
8 d early
2021
12 d late
2020
9 d early
2019
10 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€775k▲ 11.4%
2024 · €696k
2018: €30k
2019: €62k
2020: €214k
2021: €400k
2022: €445k
2023: €601k
2024: €696k
2018 → 2025
Total assets
€1.68M▼ 6.9%
2024 · €1.80M
2018: €552k
2019: €1.34M
2020: €1.36M
2021: €1.51M
2022: €1.58M
2023: €1.83M
2024: €1.80M
2018 → 2025
Net result
€159k▼ 13.7%
2024 · €185k
2018: €24k
2019: €33k
2020: €151k
2021: €186k
2022: €211k
2023: €156k
2024: €185k
2018 → 2025
Working capital
€527k▲ 15.7%
2024 · €455k
2018: €79k
2019: €51k
2020: €128k
2021: €263k
2022: €215k
2023: €348k
2024: €455k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€400k-€445k▲ 11.4%€601k▲ 35.0%€696k▲ 15.7%€775k▲ 11.4%
Operating result€235k-€274k▲ 16.4%€209k▼ 23.7%€261k▲ 25.2%€211k▼ 19.4%
Net result€186k-€211k▲ 13.6%€156k▼ 26.2%€185k▲ 18.4%€159k▼ 13.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€653k▼ 7.2%
Current assets
€1.02M▼ 6.7%
Equity and liabilities €1.68M
Equity
€775k▲ 11.4%
Debt
€901k▼ 18.4%
The debt ratio falls from 61.3% to 53.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€274k▼
2024 · €334k
Cash flow
€222k▼
2024 · €257k
Solvency
46.2%▲
2024 · 38.7%
Current ratio
2.06▲
2024 · 1.71
Quick ratio
0.73▲
2024 · 0.30
Debt / equity
1.16▼
2024 · 1.59
ROE
20.6%▼
2024 · 26.5%
ROA
9.5%▼
2024 · 10.3%
Interest coverage
9.34▲
2024 · 7.58
Debt
€901k▼
2024 · €1.10M
Debt ≤ 1 year
€495k▼
2024 · €640k
Debt > 1 year
€406k▼
2024 · €464k
Income taxes
€51k▼
2024 · €59k
Staff costs
€66k▼
2024 · €87k
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€1.80M€1.68M▼
Fixed assets21/28€704k€653k▼
Intangible fixed assets21€24k€12k▼
Tangible fixed assets22/27€680k€641k▼
Land and buildings22€591k€562k▼
Plant, machinery and equipment23€26k€23k▼
Furniture and vehicles24€5k€7k▲
Leasing and similar rights25€41k€29k▼
Other tangible fixed assets26€18k€21k▲
Current assets29/58€1.10M€1.02M▼
Stocks and contracts in progress3€902k€659k▼
Stocks30/36€902k€659k▼
Amounts receivable within one year40/41€149k€121k▼
Trade receivables40€146k€120k▼
Other amounts receivable41€3k€882▼
Cash at bank and in hand54/58€41k€238k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.80M€1.68M▼
Equity10/15€696k€775k▲
Contributions10/11€19k€19k=
Reserves13€677k€756k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€675k€754k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€1.10M€901k▼
Amounts payable after more than one year17€464k€406k▼
Financial debts170/4€464k€406k▼
Amounts payable within one year42/48€640k€495k▼
Current portion of amounts payable after more than one year42€57k€59k▲
Financial debts43€24k€13k▼
Credit institutions430/8€24k€13k▼
Trade debts44€161k€55k▼
Suppliers440/4€161k€55k▼
Taxes, remuneration and social security45€73k€72k▼
Taxes450/3€58k€58k▼
Remuneration and social security454/9€15k€14k▼
Other amounts payable47/48€325k€297k▼
Accrued charges and deferred income492/3€156€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€87k€66k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€63k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€430k€348k▼
Operating profit (loss)9901€261k€211k▼
Financial income75/76B€27k€29k▲
Recurring financial income75€27k€29k▲
Financial charges65/66B€44k€29k▼
Recurring financial charges65€44k€29k▼
Profit (loss) for the period before taxes9903€244k€210k▼
Income taxes67/77€59k€51k▼
Profit (loss) for the period9904€185k€159k▼
Profit (loss) for the period to be appropriated9905€185k€159k▼
Appropriation of the result
Profit (loss) to be appropriated9906€185k€159k▼
Transfer to equity691/2€95k€79k▼
To other reserves6921€95k€79k▼
Profit to be distributed694/7€90k€80k▼
Return on contributions (dividend)694€90k€80k▼
Social balance
Average headcount (FTE)90872.11.4▼
The notes to these accounts (21 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €601k ▲35%
6 profitable years in a row build equity to €601k.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €211k ▲13.6%
Operating result €274k, net result €211k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €214k ▲243%
3 profitable years in a row build equity to €214k.
21-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 2 establishment units since 2020
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.
Oudenaardsesteenweg(Kor) 468500 KortrijkGround area
1,932 m²
Building footprint
91 m²
Volume, LiDAR
816 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Bike Concept Kortrijk
since 20202.302.417.437
Bike Concept Wevelgem
since 20222.329.149.845
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0782/00P000 | Flanders | 1,032 m² | - | - |
| 34354C0266/00D015 | Flanders | 900 m² | 1 · 91 m² | 11.4 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.
Public money · subsidies and aid
Flemish government
2023 · 2 entries · 1,493 EUR awarded · 1,193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 1,493 EUR | 1,193 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
Motorsport Racing Parts & Tyres
BE 0869.551.649
Genk · Eq €786k
LG Trading
BE 0566.991.526
Mol · Eq €800k
MAX MOTO
BE 0835.591.751
Brussel · Eq €744k
MATS BIKES
BE 0667.833.617
Denderleeuw · Eq €724k
KL-PROJECTS
BE 0713.867.936
Alveringem · Eq €704k
Of 169 companies in sector 46730 we hold annual accounts for 89. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2017
Fiscal year end31-12
Activities, NACEBEL
45401
46730Wholesale trade
47632Retail sale of bicycles
47785Retail trade
43310Plastering work
43350Other building finishing work
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
5 entriesWebsite:www.bikeconcept.be
E-mail:info@bikeconcept.be
Phone:056905300
E-mail:wevelgem@bikeconcept.be
Phone:056 41 41 66