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CONCEPT SMILES

Active
Private limited companyfounded 20242 yrs activeGrand'Route(Flh) 522, 4400 Flémalle, BelgiumKBO/BCE: BE 1012.754.432
Summary

The computed 12-month bankruptcy probability of CONCEPT SMILES is 3.1% (moderate). The 2025 annual accounts show equity of €19,995 and a net result of €17,828. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability83
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.87; short-term debt: 27.2% and cash: 50% of total assets), but 87.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
12.6%
Return on assets
11.3%
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 31-08-2026, 31 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 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

CONCEPT SMILES was incorporated on 23 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€19,995
Total assets
€158,465
Net result
€17,828
Working capital
€37,437

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €158,465
Fixed assets €77,852
Current assets €80,613
Equity and liabilities €158,465
Equity €19,995
Debt €138,469
Debt finances 87.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€105,710
Cash flow
€82,927
Current ratio
1.87
Debt to equity
6.93
ROE
89.2%
ROA
11.3%
Interest coverage
8.91
Debt ≤ 1 year
€43,176
Debt > 1 year
€94,918
Income taxes
€10,914

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€158,465
Fixed assets21/28€77,852
Tangible fixed assets22/27€77,852
Furniture and vehicles24€77,852
Current assets29/58€80,613
Cash at bank and in hand54/58€79,215
Deferred charges and accrued income490/1€1,398
Equity and liabilities
Total equity and liabilities10/49€158,465
Equity10/15€19,995
Contributions10/11€3,000
Reserves13€16,995
Distributable reserves133€16,995
Amounts payable17/49€138,469
Amounts payable after more than one year17€94,918
Other amounts payable178/9€94,918
Amounts payable within one year42/48€43,176
Current portion of amounts payable after more than one year42€18,527
Financial debts43€3,378
Credit institutions430/8€3,378
Trade debts44€13,314
Suppliers440/4€13,314
Taxes, remuneration and social security45€4,362
Taxes450/3€3,722
Remuneration and social security454/9€640
Other amounts payable47/48€3,595
Accrued charges and deferred income492/3€375
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,098
Other operating charges640/8€1,825
Gross operating margin9900€107,535
Operating profit (loss)9901€40,612
Financial charges65/66B€11,870
Recurring financial charges65€11,870
Profit (loss) for the period before taxes9903€28,742
Income taxes67/77€10,914
Profit (loss) for the period9904€17,828
Profit (loss) for the period to be appropriated9905€17,828
Appropriation of the result
Profit (loss) to be appropriated9906€17,828
Transfer to equity691/2€16,995
To other reserves6921€16,995
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,098
Other operating charges640/8€1,825
Gross operating margin9900€107,535
Operating profit (loss)9901€40,612
Financial charges65/66B€11,870
Recurring financial charges65€11,870
Profit (loss) for the period before taxes9903€28,742
Income taxes67/77€10,914
Profit (loss) for the period9904€17,828
Profit (loss) for the period to be appropriated9905€17,828
Line2025
Assets
Total assets20/58€158,465
Fixed assets21/28€77,852
Tangible fixed assets22/27€77,852
Furniture and vehicles24€77,852
Current assets29/58€80,613
Cash at bank and in hand54/58€79,215
Deferred charges and accrued income490/1€1,398
Equity and liabilities
Total equity and liabilities10/49€158,465
Equity10/15€19,995
Contributions10/11€3,000
Reserves13€16,995
Distributable reserves133€16,995
Amounts payable17/49€138,469
Amounts payable after more than one year17€94,918
Other amounts payable178/9€94,918
Amounts payable within one year42/48€43,176
Current portion of amounts payable after more than one year42€18,527
Financial debts43€3,378
Credit institutions430/8€3,378
Trade debts44€13,314
Suppliers440/4€13,314
Taxes, remuneration and social security45€4,362
Taxes450/3€3,722
Remuneration and social security454/9€640
Other amounts payable47/48€3,595
Accrued charges and deferred income492/3€375
Line2025
Profit (loss) for the period9904€17,828
+ Depreciation and write-downs630€65,098
Operating cash flow (approximation)€82,927

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 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.

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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, Flémalle · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
255 m²
Building footprint
52 m²
Volume, LiDAR
534 m³
Parcel 62037B0491/00E003, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grand'Route(Flh) 522, 4400 Flémalle
Dental practice
since 20242.363.746.577
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62037B0491/00E003 Wallonia 255 m² 1 · 52 m² 11.8 m · 3 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded23-08-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012754432
Also 9925:BE1012754432
Registered 27-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.