Concept King
ActiveSummary
The computed 12-month bankruptcy probability of Concept King is 2.6% (moderate). The annual accounts of Concept King for fiscal year 2025 show a net loss of 61% of total assets. The 2025 annual accounts show equity of €15k and a net result of €-10k. Its solvency ranks better than 95% of 918 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0.3% and cash: 92.9% of total assets, and 2.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
97.8%
Return on assets
-60.8%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€15k
Total assets
€16k
Net result
€-10k
Working capital
€16k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €16k
Equity
€15k
Debt
€350
Debt finances 2.2% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.02
ROE
-62.2%
ROA
-60.8%
Debt ≤ 1 year
€50
A ratio outside any meaningful range has been withheld (balance sheet total €16k, equity €15k).
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet
Code2025
Assets
Total assets20/58€16k
Current assets29/58€16k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Cash at bank and in hand54/58€15k
Equity and liabilities
Total equity and liabilities10/49€16k
Equity10/15€15k
Contributions10/11€25k
Profit (loss) carried forward14€-10k
Amounts payable17/49€350
Amounts payable within one year42/48€50
Trade debts44€50
Suppliers440/4€50
Accrued charges and deferred income492/3€300
Income statement
Code2025
Other operating charges640/8€395
Gross operating margin9900€-9k
Operating profit (loss)9901€-9k
Financial charges65/66B€294
Recurring financial charges65€294
Profit (loss) for the period before taxes9903€-10k
Profit (loss) for the period9904€-10k
Profit (loss) for the period to be appropriated9905€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€-10k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €395 |
| Gross operating margin9900 | €-9k |
| Operating profit (loss)9901 | €-9k |
| Financial charges65/66B | €294 |
| Recurring financial charges65 | €294 |
| Profit (loss) for the period before taxes9903 | €-10k |
| Profit (loss) for the period9904 | €-10k |
| Profit (loss) for the period to be appropriated9905 | €-10k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €16k | |
| Current assets29/58 | €16k | |
| Amounts receivable within one year40/41 | €1k | |
| Other amounts receivable41 | €1k | |
| Cash at bank and in hand54/58 | €15k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €16k | |
| Equity10/15 | €15k | |
| Contributions10/11 | €25k | |
| Profit (loss) carried forward14 | €-10k | |
| Amounts payable17/49 | €350 | |
| Amounts payable within one year42/48 | €50 | |
| Trade debts44 | €50 | |
| Suppliers440/4 | €50 | |
| Accrued charges and deferred income492/3 | €300 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-10k |
| Operating cash flow (approximation) | €-10k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Turnhout · 1 establishment unit since 2024
Ground area
5,426 m²
Building footprint
3,424 m²
Parcel 13453O0891/00T000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Concept King
since 20242.363.356.894
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0891/00T000 | Flanders | 5,426 m² | 1 · 3,424 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
ANRA PRORENT
BE 0863.060.567
Ranst · Eq €15,451
KOELKAR
BE 1016.841.595
Waregem · Eq €15,675
EVENTMOMENT
BE 1019.469.802
Oudsbergen · Eq €14,996
Rent-a-Mat
BE 0681.973.445
Hamont-Achel · Eq €15,891
Global Gear
BE 1006.719.646
Lokeren · Eq €14,914
Of 1,187 companies in sector 77399 we hold annual accounts for 710. 256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.