CONCEPT MENUISERIE · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CONCEPT MENUISERIE is 0.6% (low). The 2024 annual accounts show equity of €29k and a net result of €11k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 72% of 167 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 19 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	11-08-2025	11 d late	2025-00370343
31-12-2023	31-07-2024	20-08-2024	20 d late	2024-00360602
31-12-2022	31-07-2023	30-08-2023	30 d late	2023-00375666
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20424743
31-12-2020	31-07-2021	31-08-2021	31 d late	2021-64200023
31-12-2019	31-07-2020	23-10-2020	84 d late	2020-63000205
31-12-2018	31-07-2019	29-08-2019	29 d late	2019-58900130
31-12-2017	31-07-2018	31-08-2018	31 d late	2018-55200295
31-12-2016	31-07-2017	28-09-2017	59 d late	2017-64100235
31-12-2015	31-07-2016	31-08-2016	31 d late	2016-59100179

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2007, 19 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Long track record −Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€11k+188.7%

Working capital€34k+16.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 11-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~66% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 16 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	55.5%	40.6%	better than 72% of 167 sector peers
Net result	€11k	€11k	better than 50% of 167 sector peers
Equity	€29k	€31k	better than 45% of 167 sector peers
Gross operating margin	€19k	€34k	better than 33% of 167 sector peers
Total assets	€51k	€110k	better than 28% of 167 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P72

Stable position over 2020-2024 · n=32-167

Net result P50

Stable position over 2020-2024 · n=32-167

Equity P45

Stable position over 2020-2024 · n=32-167

Gross operating margin P33

Stable position over 2020-2024 · n=32-167

Describes the position versus peers, not a forecast.

EBITDA

€19k

+160.8% 18-24

Net profit

€11k

+188.7% 18-24

Cash flow

€13k

+162.0% 18-24

Total assets

€51k

-16.8% 18-24

Equity

€29k

+64.9% 18-24

Working capital

€34k

+16.4% 18-24

Staff costs

€2k

-33.0% 18-24

Income taxes

€3k

+2445.9% 18-24

Show 10 other metrics

Debt

€23k

-48.6% 18-24

Debt ≤ 1y

€16k

-50.0% 18-24

Debt > 1y

€7k

-45.5% 18-24

Current ratio

3.18

+64.1% 18-24

Quick ratio

2.39

+23.7% 18-24

Solvency

55.5%

+98.2% 18-24

Debt / equity

0.80

-68.8% 18-24

ROE

39.4%

+75.0% 18-24

ROA

21.9%

+246.9% 18-24

Interest coverage

8.92

+139.5% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€19k
Net profit	€11k
Cash flow	€13k
Staff costs	-
Income taxes	€3k
Dividends	-
Total assets	€51k
Equity	€29k
Debt	€23k
of which ≤ 1y	€16k
of which > 1y	€7k
Working capital	€34k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	3.18
Quick ratio	2.39
Working capital ratio	65.7%
Solvency	55.5%
Debt / equity	0.80
Long-term debt ratio	0.26
Interest coverage	8.92
Gross margin	-
Net margin	-
ROA	21.9%
ROE	39.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2k · 4.1% Current assets €49k · 95.9%

Equity & liabilities

Equity €29k · 55.5% Debt €23k · 44.5%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€51k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€42
Current assets	29/58	€49k
Stocks & contracts in progress	3	€12k
Amounts receivable within one year	40/41	€34k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€51k
Equity	10/15	€29k
Contributions / capital	10/11	€6k
Reserves	13	€2k
Accumulated profits (losses)	14	€21k
Amounts payable	17/49	€23k
Amounts payable after one year	17	€7k
Amounts payable within one year	42/48	€16k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€19k
Operating result	9901	€16k
Financial income	75	€4
Financial charges	65	€2k
Result before taxes	9903	€14k
Income taxes	67/77	€3k
Net result for the period	9904	€11k
Result to be appropriated	9905	€11k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Chaussée de Soignies(Hoves) 137830 Silly

Establishment units

1 location

CONCEPT MENUISERIE

Chaussée de Soignies(Hoves) 13, 7830 SillyVervaardiging van meubels

since 20072.164.676.150

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area164 m²

Buildings1

Building footprint79 m²

Volume (LiDAR)683 m³

Tallest building10.2 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55021A0116/00S002	Wallonia	164 m²	1 · 79 m²	10.2 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.