CONCEPT ET STYLE

Active

Private limited companyfounded 201511 yrs activeMichel Van Nieuwenborghstraat 18, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0630.621.546

The computed 12-month bankruptcy probability of CONCEPT ET STYLE is 2.8% (moderate). The 2024 annual accounts show equity of €17k and a net result of €-14k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 36378 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

52 / 100

Fair= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 3.07 against 4.36 in 2023), and 32.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

67.9%

Return on assets

-54.9%

Age of the figures

20 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year -€14k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

41 d early

2023

43 d early

2022

35 d early

2021

44 d late

2020

80 d late

2019

15 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-14k▼ 77.6%

2023 · €-8k

2018: €12k 2019: €1k 2020: €20k 2021: €5k 2022: €1k 2023: €-8k

2018 → 2024

Working capital

€17k▼ 43.8%

2023 · €30k

2018: €8k 2019: €-2k 2020: €23k 2021: €32k 2022: €37k 2023: €30k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€33k-€38k▲ 16.3%€39k▲ 2.7%€31k▼ 20.1%€17k▼ 44.7%

Operating result€20k-€6k▼ 71.3%€786▼ 86.3%€-8k€-15k▼ 84.1%

Net result€20k-€5k▼ 73.1%€1k▼ 80.6%€-8k€-14k▼ 77.6%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €15k in 2024 against €8k in 2023; the loss grows and 2024 is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €25k

98.6%

Fixed assets €356▼ 69.8%

Current assets €25k▼ 35.7%

Equity and liabilities €25k

67.9%

32.1%

Equity €17k▼ 44.7%

Debt €8k▼ 8.6%

The debt ratio rises from 22.3% to 32.1%: equity shrinks faster than debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-15k▼

2023 · €-7k

Cash flow

€-13k▼

2023 · €-7k

Solvency

67.9%▼

2023 · 77.7%

Current ratio

3.07▼

2023 · 4.36

Quick ratio

3.07▼

2023 · 4.36

Debt / equity

0.47▲

2023 · 0.29

ROE

-81.0%▼

2023 · -25.2%

ROA

-54.9%▼

2023 · -19.6%

Interest coverage

-56.43▼

2023 · -30.10

Debt

€8k▼

2023 · €9k

Debt ≤ 1 year

€8k▼

2023 · €9k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€40k€25k▼

Fixed assets21/28€1k€356▼

Tangible fixed assets22/27€1k€356▼

Furniture and vehicles24€1k€356▼

Current assets29/58€39k€25k▼

Amounts receivable within one year40/41€23k€23k▼

Trade receivables40€7k€7k▲

Other amounts receivable41€16k€15k▼

Cash at bank and in hand54/58€15k€2k▼

Deferred charges and accrued income490/1€332€342▲

Equity and liabilities

Total equity and liabilities10/49€40k€25k▼

Equity10/15€31k€17k▼

Contributions10/11€6k€6k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€23k€9k▼

Amounts payable17/49€9k€8k▼

Amounts payable within one year42/48€9k€8k▼

Trade debts44€9k€8k▼

Suppliers440/4€9k€8k▼

Taxes, remuneration and social security45€415-

Taxes450/3€415-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€824▼

Other operating charges640/8€776€621▼

Gross operating margin9900€-6k€-14k▼

Operating profit (loss)9901€-8k€-15k▼

Financial income75/76B€732€2k▲

Recurring financial income75€732€2k▲

Financial charges65/66B€242€258▲

Recurring financial charges65€242€258▲

Profit (loss) for the period before taxes9903€-8k€-14k▼

Profit (loss) for the period9904€-8k€-14k▼

Profit (loss) for the period to be appropriated9905€-8k€-14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€23k€9k▼

Profit (loss) brought forward from the previous period14P€31k€23k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

20-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-14k

Net result drops to €-14k, the lowest in the series.

18-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

13-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 44 days late

2021

31-12

Financial Liquidity times 5current ratio 8.04

Current ratio from 1.73 to 8.04; short-term debt falls from €31k to €5k.

19-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 80 days late

2020

31-12

Financial Highest result since 2018net €20k ▲1562%

Operating result €20k, net result €20k, both a record.

15-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 15 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 30 days late

2018

01-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 62 days late

2017

24-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 24 days late

2016

24-11

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 116 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Agatha-Berchem · 1 establishment unit since 2015

exact location from the address register On OpenStreetMap

Ground area

114 m²

Building footprint

74 m²

Volume, LiDAR

528 m³

Parcel 21003A0083/00K012, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

CONCEPT ET STYLE

Michel Van Nieuwenborghstraat 18, 1082 Sint-Agatha-BerchemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20152.242.373.744

1 parcel

Brussels 1 (100%)