Concept Factory
ActiveSummary
The computed 12-month bankruptcy probability of Concept Factory is 4.1% (elevated). The 2026 annual accounts show negative equity (€-242k) and a net result of €353k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 36 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability50▲+50
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.27 in 2025; short-term debt: 131.9% and cash: 11% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2026Solvency, return and age of the figures
Solvency
-54.7%
Return on assets
79.7%
Age of the figures
3 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 36 sector peers (2026).
NBB · sector comparisonPosition among 36 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 21-09-2026, 132 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
132 d early
2025
on the day
2024
23 d early
2023
23 d early
2022
3 d early
2021
158 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2026, abbreviated schema
Equity
€-242k▲ 59.3%
2025 · €-595k
2021: €8k
2022: €41k
2023: €-131k
2024: €-344k
2025: €-595k
2021 → 2026
Total assets
€443k▲ 31.2%
2025 · €337k
2021: €52k
2022: €266k
2023: €371k
2024: €266k
2025: €337k
2021 → 2026
Net result
€353k
2025 · €-251k
2021: €5k
2022: €33k
2023: €-172k
2024: €-213k
2025: €-251k
2021 → 2026
Working capital
€-223k▲ 64.9%
2025 · €-636k
2021: €-24k
2022: €-42k
2023: €-210k
2024: €-394k
2025: €-636k
2021 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€41k-€-131k€-344k▼ 162%€-595k▼ 73.2%€-242k▲ 59.3%
Operating result€38k-€-163k€-206k▼ 25.9%€-247k▼ 20.0%€-82k▲ 67.0%
Net result€33k-€-172k€-213k▼ 23.4%€-251k▼ 18.3%€353k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €82k in 2026 against €247k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €443k
Fixed assets
€82k ▼ 16.0%
Current assets
€361k ▲ 50.5%
Key figures and ratios
EBITDA
€-63k▲
2025 · €-197k
Cash flow
€372k▲
2025 · €-202k
Solvency
-54.7%▲
2025 · -176.4%
Current ratio
0.62▲
2025 · 0.27
Debt to equity
-2.83▼
2025 · -1.57
ROA
79.7%▲
2025 · -74.5%
Interest coverage
-23.92▲
2025 · -44.29
Debt
€685k▼
2025 · €932k
Debt ≤ 1 year
€584k▼
2025 · €875k
Debt > 1 year
€45k▼
2025 · €57k
Staff costs
€178k▼
2025 · €350k
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 · 2026 against 2025 · 47 lines
Balance sheet
Code20252026
Assets
Total assets20/58€337k€443k▲
Fixed assets21/28€98k€82k▼
Tangible fixed assets22/27€98k€79k▼
Plant, machinery and equipment23€79k€65k▼
Furniture and vehicles24€9k€5k▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28-€3k
Current assets29/58€240k€361k▲
Amounts receivable within one year40/41€218k€274k▲
Trade receivables40€213k€268k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€6k€49k▲
Deferred charges and accrued income490/1€15k€38k▲
Equity and liabilities
Total equity and liabilities10/49€337k€443k▲
Equity10/15€-595k€-242k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-598k€-245k▲
Amounts payable17/49€932k€685k▼
Amounts payable after more than one year17€57k€45k▼
Financial debts170/4€57k€45k▼
Amounts payable within one year42/48€875k€584k▼
Current portion of amounts payable after more than one year42€28k€25k▼
Trade debts44€288k€269k▼
Suppliers440/4€288k€269k▼
Taxes, remuneration and social security45€88k€104k▲
Taxes450/3€54k€76k▲
Remuneration and social security454/9€34k€28k▼
Other amounts payable47/48€471k€185k▼
Accrued charges and deferred income492/3-€55k
Income statement
Code20252026
Remuneration, social security and pensions62€350k€178k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€220
Other operating charges640/8€6k€4k▼
Gross operating margin9900€159k€119k▼
Operating profit (loss)9901€-247k€-82k▲
Financial income75/76B€74€437k▲
Recurring financial income75€74€3k▲
Non-recurring financial income76B-€435k
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-251k€353k▲
Income taxes67/77€2-
Profit (loss) for the period9904€-251k€353k▲
Profit (loss) for the period to be appropriated9905€-251k€353k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-598k€-245k▲
Profit (loss) brought forward from the previous period14P€-347k€-598k▼
Social balance
Average headcount (FTE)90876.16.5▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Back to profitnet €353k
Net result €353k after 3 loss-making years.
2025
31-12
Financial
Weakest financial yearnet €-251k
Net result drops to €-251k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 158 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Herentals · 1 establishment unit since 2021
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.
Grensstraat (HRT) 32200 HerentalsGround area
4,950 m²
Parcel 13027A0004/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Concept Factory
since 20212.317.205.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0004/00B000 | Flanders | 4,950 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 10,711 EUR awarded · 10,711 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 10,711 EUR | 10,711 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 2,007 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
Founded19-04-2021
Fiscal year end30-06
Activities, NACEBEL 2025
56210Event catering
74140Other specialised design activities
73120Media representation
74120Graphic design and visual communication
85510Sports and recreation education
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@conceptfactory.be