Starting capital
€25,000 100 shares
Concept King
Lifetime
1 annual account with figurespeak -€8,896 (2025)
-€8,896
lowest -€9,585 (2025)
-€9,585
peak €15,415 (2025)
€15,415
€350
Board1 name since 2024
1 directorChocConcept Belgium Productions
Owners
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Loss of €9,585First year with figures
Key points
from the 2025 annual accountsPosition in the sector
97.8%
Higher solvency than 95% of companies in rental and leasing. Sector median 35.9% · 1,142 companies.
2025 accounts filed 11 days after the deadlineTurnover not published (abbreviated format)
Checked score
57
Fair
Financially stronger than 65% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.6%
11-2025: 1.7%▲ +0.1 percentage points vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 2.1%▲ +0.4 percentage points vs 12-2025
02-2026: 2.4%▲ +0.3 percentage points vs 01-2026
03-2026: 2.4%● unchanged vs 02-2026
04-2026: 2.6%▲ +0.2 percentage points vs 03-2026
05-2026: 2.7%▲ +0.1 percentage points vs 04-2026
06-2026: 2.6%▼ -0.1 percentage points vs 05-2026
07-2026: 2.6%● unchanged vs 06-2026
08-2026: 2.8%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -2.3 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Founded in 2024
Loss of €9,585 (financial year 2025)
lowers risk
Liquidity: current ratio 315.87, cash €14,645
Equity €15,415 (97.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 92% of them on solvency, 98% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as Concept King has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Concept King itself is lower: 0.5% within 12 months. It rests on far more data about Concept King than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for Concept King. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Short-term debt is 0.3% and cash 92.9% of total assets. 2.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
11 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- ChocConcept Belgium Productions 50%score 35equity €1.6m (2025) · 2025 annual accounts of ChocConcept Belgium Productions
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013188457
Incorporation
Founding capital of €25,000, 100 shares · Founders: CHOCCONCEPT BELGIUM PRODUCTIONS B.V., R.K.M. BARNHOORN HOLDING B.V. and CHOCOLATE KING HOLDING B.V. · Appointment: CHOCCONCEPT BELGIUM PRODUCTIONS B.V. (director) · published on 09-09-2024 · Gazette deed
First establishment
Muizenvenstraat 15, Turnhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Concept King Turnhout | €15,765 | -€8,896 | 97.8% | - |
| REMO'LOC Oupeye | €12,469 | -€1,755 | 9.8% | - |
| Z-EVENTS SOLUTIONS Puurs-Sint-Amands | €24,323 | €568 | 13.5% | - |
| Retrieve Aartselaar | €6,538 | -€2,392 | 97.2% | - |
| HANCART CONSULT Aywaille | €31,729 | -€7,362 | -68.6% | - |
| ENERGY ZEN Mons | €29,613 | -€3,210 | 73.4% | - |
| M. WAS Zandhoven | €43,543 | €1,259 | -1.8% | - |
These companies have the same main activity as Concept King: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €6,540 and €43,500, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 05-09-2024Normal situation
- Activity
- Renting and leasing of other machinery, equipment and tangible goodsNACE 77399and 1 other
- Establishment unit
- 2.363.356.8942300 Turnhout, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Insights on Concept King
The annual accounts of Concept King for financial year 2025 show a net loss of 61% of total assets. The 2025 annual accounts show equity of €15,415 and a net result of -€9,585.
Its solvency ranks better than 95% of 1,142 sector peers (NACE 77, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.5% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Concept King
- What is the company number of Concept King?
- The company number of Concept King is 1013.188.457. The VAT number is the same number with BE in front: BE 1013.188.457.
- Where is Concept King based?
- The registered office is at Muizenvenstraat 15, 2300 Turnhout.Company details
- What does Concept King do?
- According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
- What is the legal form of Concept King?
- Concept King is a private limited company (BV).
- When was Concept King founded?
- Concept King was founded on 05-09-2024.
- Is Concept King still active?
- Yes, Concept King is an active enterprise in the KBO register.
- What is the turnover of Concept King?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Concept King profitable?
- In financial year 2025, Concept King made a loss of €9,585.
- Where can I find the annual accounts of Concept King?
- Concept King filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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