CONCEPT XXL

Active

Private limited companyfounded 200818 yrs activeVilvoordsesteenweg 80, 1120 Brussel, BelgiumKBO/BCE: BE 0899.204.054

The computed 12-month bankruptcy probability of CONCEPT XXL is 1.7% (moderate). The 2025 annual accounts show equity of €801k and a net result of €305k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 1836 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

63 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability86▲+18

Solvency61▼-2

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €50k at 30 days acceptable

Liquidity short (current ratio 0.72 against 0.84 in 2024; short-term debt: 50.7% and cash: 19.2% of total assets), and 64.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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

35.7%

Return on assets

13.6%

Age of the figures

15 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

9 d early

2024

8 d early

2023

on the day

2022

34 d late

2021

25 d late

2020

31 d late

2019

3 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close18-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€801k▲ 69.8%

2024 · €472k

2019: €150k 2020: €199k 2021: €222k 2022: €436k 2023: €453k 2024: €472k

2019 → 2025

Total assets

€2.24M▲ 80.7%

2024 · €1.24M

2019: €1.05M 2020: €870k 2021: €799k 2022: €1.27M 2023: €1.28M 2024: €1.24M

2019 → 2025

Net result

€305k

2024 · €-8k

2019: €25k 2020: €49k 2021: €23k 2022: €213k 2023: €44k 2024: €-8k

2019 → 2025

Working capital

€-313k▼ 535%

2024 · €-49k

2019: €-102k 2020: €-209k 2021: €-92k 2022: €4k 2023: €-18k 2024: €-49k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€222k-€436k▲ 96.6%€453k▲ 4.1%€472k▲ 4.0%€801k▲ 69.8%

Operating result€38k-€251k▲ 555%€74k▼ 70.3%€14k▼ 81.1%€394k▲ 2,707%

Net result€23k-€213k▲ 829%€44k▼ 79.2%€-8k€305k

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 2,707% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.24M

63.3%

36.7%

Fixed assets €1.42M▲ 45.4%

Current assets €823k▲ 211%

Equity and liabilities €2.24M

35.7%

63.8%

Equity €801k▲ 69.8%

Provisions €9k▼ 3.6%

Debt €1.43M▲ 88.5%

The debt ratio rises from 61.2% to 63.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€649k▲

2024 · €234k

Cash flow

€560k▲

2024 · €212k

Solvency

35.7%▼

2024 · 38.0%

Current ratio

0.72▼

2024 · 0.84

Quick ratio

0.71▼

2024 · 0.80

Debt / equity

1.79▲

2024 · 1.61

ROE

38.1%▲

2024 · -1.7%

ROA

13.6%▲

2024 · -0.7%

Interest coverage

32.47▲

2024 · 9.77

Debt

€1.43M▲

2024 · €759k

Debt ≤ 1 year

€1.14M▲

2024 · €314k

Debt > 1 year

€294k▼

2024 · €444k

Income taxes

€79k▲

2024 · €4k

Staff costs

€180k▲

2024 · €120k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.24M€2.24M▲

Fixed assets21/28€975k€1.42M▲

Tangible fixed assets22/27€975k€1.42M▲

Land and buildings22€147k€133k▼

Plant, machinery and equipment23€4k€3k▼

Furniture and vehicles24€824k€1.28M▲

Current assets29/58€265k€823k▲

Stocks and contracts in progress3€15k€15k=

Stocks30/36€15k€15k=

Amounts receivable within one year40/41€197k€359k▲

Trade receivables40€152k€183k▲

Other amounts receivable41€45k€176k▲

Cash at bank and in hand54/58€37k€431k▲

Deferred charges and accrued income490/1€16k€18k▲

Equity and liabilities

Total equity and liabilities10/49€1.24M€2.24M▲

Equity10/15€472k€801k▲

Contributions10/11€19k€19k=

Reserves13€292k€290k▼

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Tax-exempt reserves132€38k€37k▼

Distributable reserves133€252k€252k=

Profit (loss) carried forward14€131k€436k▲

Investment grants15€30k€56k▲

Provisions and deferred taxes16€10k€9k▼

Deferred taxes168€10k€9k▼

Amounts payable17/49€759k€1.43M▲

Amounts payable after more than one year17€444k€294k▼

Financial debts170/4€444k€294k▼

Amounts payable within one year42/48€314k€1.14M▲

Current portion of amounts payable after more than one year42€195k€146k▼

Trade debts44€50k€904k▲

Suppliers440/4€50k€904k▲

Taxes, remuneration and social security45€31k€86k▲

Taxes450/3€6k€53k▲

Remuneration and social security454/9€25k€33k▲

Other amounts payable47/48€38k-

Income statement Code20242025

Non-recurring operating income76A-€197k

Remuneration, social security and pensions62€120k€180k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220k€255k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€53k

Other operating charges640/8€47k€8k▼

Non-recurring operating charges66A€29k€11k▼

Gross operating margin9900€429k€902k▲

Operating profit (loss)9901€14k€394k▲

Financial income75/76B€4k€9k▲

Recurring financial income75€4k€9k▲

Financial charges65/66B€24k€20k▼

Recurring financial charges65€24k€20k▼

Profit (loss) for the period before taxes9903€-5k€383k▲

Transfer from deferred taxes780€2k€2k=

Income taxes67/77€4k€79k▲

Profit (loss) for the period9904€-8k€305k▲

Profit (loss) for the period to be appropriated9905€-8k€305k▲

Appropriation of the result

Profit (loss) to be appropriated9906€131k€436k▲

Profit (loss) brought forward from the previous period14P€139k€131k▼

Social balance

Average headcount (FTE)90872.9-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

22-01

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

30-06

Financial Back to profitnet €305k

Net result €305k after one loss-making year.

30-06

Financial Equity above €500kEq €801k ▲69.8%

Equity rises from €472k to €801k.

23-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

30-06

Financial Weakest financial yearnet €-8k ▼118%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

31-01

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

06-03

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 34 days late

2022

25-02

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 25 days late

2021

30-06

Financial Equity above €200kEq €222k ▲11.4%

3 profitable years in a row build equity to €222k.

03-03

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

30-06

Financial Equity above €150kEq €199k ▲32.9%

2 profitable years in a row build equity to €199k.

03-02

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 3 days late

2019

31-01

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

31-01

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

13-01

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 17 acts read

About the unread acts

We know of 17 Belgian State Gazette acts for this company. None of them has 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

no sitting director, last change in 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-07-2025 Jewiak Grzegorz: Resigned as Director

30-06-2025 Cackowski Mateusz: Resigned as Director

30-06-2025 Konczerewicz Antoni: Resigned as Director

31-12-2024 Lopacinski Robert: Resigned as Director

30-04-2024 VASYL HERKUL: Resigned as Director

30-11-2023 FALOWSKI MACIEJ: Resigned as Director

31-08-2023 BURZYNSKI RAFAL: Resigned as Director

31-03-2023 LUKASZ GAJC: Resigned as Director

28-02-2022 ROBERT KOSCIELNY: Resigned as Manager

29-03-2012 KRYZSTOF JOZWIAK: Resigned as Director

29-02-2012 WALIGORA PATRYK: Resigned as Director

31-10-2011 Poplawski Arkadiusz: Resigned as Manager

28-09-2011 SOSNOWSKI JAKUB: Resigned as Director

29-08-2011 DULEBA RYSZARD: Resigned as Director

09-09-2010 BUDZIKOWSKI PIOTR: Resigned as Director

30-06-2010 DZIENIS KRZYSTOF: Resigned as Director

13-04-2010 ZALESKI TOMASZ: Resigned as Manager

Not every act has been read: a resignation may be missing here

17 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2008