CONCEPTPAINT
ActiveSummary
CONCEPTPAINT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.58M and a net result of €367k. Equity is growing by ~68.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-8
Solvency70=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.76 in 2023; short-term debt: 54.7% and cash: 0.2% of total assets), but 54.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.1%
Return on assets
10.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€367k▼ 22.9%
2023 · €475k
Working capital
€1.50M▲ 31.8%
2023 · €1.14M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€75k▲ 225%€368k▲ 390%€575k▲ 56.4%€686k▲ 19.2%€586k▼ 14.5%
Net result€58k▲ 353%€245k▲ 323%€382k▲ 55.7%€475k▲ 24.5%€367k▼ 22.9%
Equity€169k▲ 52.2%€414k▲ 145%€796k▲ 92.2%€1.24M▲ 55.9%€1.58M▲ 27.1%
Total assets€575k▼ 30.2%€1.15M▲ 101%€2.12M▲ 83.7%€2.73M▲ 29.0%€3.50M▲ 28.0%
Debt€406k▼ 43.0%€739k▲ 82.0%€1.32M▲ 79.0%€1.49M▲ 12.7%€1.92M▲ 28.7%
Working capital€88k▲ 5.5%€349k▲ 298%€680k▲ 95.2%€1.14M▲ 66.9%€1.50M▲ 31.8%
Staff (FTE)2.74.6▲ 70.4%4.9▲ 6.5%5.7▲ 16.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.50M
Fixed assets
€85k ▼ 22.9%
Current assets
€3.41M ▲ 30.1%
Equity and liabilities €3.50M
Equity
€1.58M ▲ 27.1%
Debt
€1.92M ▲ 28.7%
Debt's share of the balance-sheet total rises from 54.6% to 54.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€624k▼
2023 · €724k
Cash flow
€405k▼
2023 · €513k
Current ratio
1.78▲
2023 · 1.76
Quick ratio
0.79▲
2023 · 0.77
Debt to equity
1.22▲
2023 · 1.20
ROE
23.2%▼
2023 · 38.3%
ROA
10.5%▼
2023 · 17.4%
Interest coverage
13.95▼
2023 · 29.35
Debt ≤ 1 year
€1.91M▲
2023 · €1.49M
Debt > 1 year
€4k▼
2023 · €5k
Income taxes
€175k▼
2023 · €186k
Staff costs
€415k▲
2023 · €385k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €184k | €335k | €385k | €415k | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €24k | €35k | €38k | €38k | ▼ 0.4% |
| Other operating charges640/8 | - | €20k | €3k | €3k | €5k | ▲ 61.6% |
| Non-recurring operating charges66A | - | - | - | €2k | - | - |
| Gross operating margin9900 | €115k | €596k | €948k | €1.11M | €1.04M | ▼ 6.2% |
| Operating profit (loss)9901 | €75k | €368k | €575k | €686k | €586k | ▼ 14.5% |
| Financial income75/76B | - | €6k | €4k | €564 | - | - |
| Recurring financial income75 | €12k | €6k | €4k | €564 | - | - |
| Financial charges65/66B | - | €7k | €19k | €25k | €45k | ▲ 81.5% |
| Recurring financial charges65 | €7k | €7k | €19k | €25k | €45k | ▲ 81.5% |
| Profit (loss) for the period before taxes9903 | €80k | €367k | €560k | €662k | €542k | ▼ 18.1% |
| Income taxes67/77 | €22k | €121k | €178k | €186k | €175k | ▼ 6.1% |
| Profit (loss) for the period9904 | €58k | €245k | €382k | €475k | €367k | ▼ 22.9% |
| Transfer to tax-exempt reserves689 | - | - | - | €147k | €63k | ▼ 57.1% |
| Profit (loss) for the period to be appropriated9905 | €58k | €245k | €382k | €328k | €303k | ▼ 7.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €575k | €1.15M | €2.12M | €2.73M | €3.50M | ▲ 28.0% |
| Fixed assets21/28 | €103k | €102k | €137k | €110k | €85k | ▼ 22.9% |
| Intangible fixed assets21 | €56k | €45k | €38k | €29k | €16k | ▼ 43.7% |
| Tangible fixed assets22/27 | €41k | €50k | €82k | €65k | €52k | ▼ 19.6% |
| Plant, machinery and equipment23 | - | €38k | €40k | €32k | €19k | ▼ 38.9% |
| Furniture and vehicles24 | - | €7k | €7k | €4k | €1k | ▼ 62.7% |
| Other tangible fixed assets26 | - | €4k | €36k | €29k | €31k | ▲ 7.0% |
| Financial fixed assets28 | €7k | €7k | €17k | €17k | €17k | = |
| Current assets29/58 | €472k | €1.05M | €1.98M | €2.62M | €3.41M | ▲ 30.1% |
| Stocks and contracts in progress3 | €300k | €446k | €837k | €1.48M | €1.89M | ▲ 27.3% |
| Stocks30/36 | - | €446k | €837k | €1.48M | €1.89M | ▲ 27.3% |
| Amounts receivable within one year40/41 | €167k | €604k | €1.11M | €1.13M | €1.50M | ▲ 33.6% |
| Trade receivables40 | - | €520k | €1.04M | €1.04M | €1.41M | ▲ 36.0% |
| Other amounts receivable41 | - | €84k | €76k | €87k | €91k | ▲ 4.7% |
| Cash at bank and in hand54/58 | €709 | €543 | €29k | €5k | €8k | ▲ 50.2% |
| Deferred charges and accrued income490/1 | - | €601 | €2k | €4k | €7k | ▲ 55.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €575k | €1.15M | €2.12M | €2.73M | €3.50M | ▲ 28.0% |
| Equity10/15 | €169k | €414k | €796k | €1.24M | €1.58M | ▲ 27.1% |
| Contributions10/11 | - | €35k | €35k | €35k | €35k | = |
| Reserves13 | €61k | €305k | €555k | €1.00M | €1.33M | ▲ 33.3% |
| Non-distributable reserves130/1 | - | €4k | €4k | - | - | - |
| Reserves not available under the articles1311 | - | €4k | €4k | - | - | - |
| Tax-exempt reserves132 | - | - | - | €147k | €211k | ▲ 42.9% |
| Distributable reserves133 | - | €302k | €552k | €853k | €1.12M | ▲ 31.6% |
| Profit (loss) carried forward14 | €72k | €74k | €205k | €205k | €209k | ▲ 1.6% |
| Amounts payable17/49 | €406k | €739k | €1.32M | €1.49M | €1.92M | ▲ 28.7% |
| Amounts payable after more than one year17 | €22k | €36k | €20k | €5k | €4k | ▼ 14.2% |
| Financial debts170/4 | - | €36k | €20k | €5k | €4k | ▼ 14.2% |
| Amounts payable within one year42/48 | €384k | €702k | €1.30M | €1.49M | €1.91M | ▲ 28.8% |
| Current portion of amounts payable after more than one year42 | - | €45k | €70k | €118k | €25k | ▼ 79.0% |
| Financial debts43 | - | €95k | - | €381k | €237k | ▼ 37.9% |
| Credit institutions430/8 | - | €95k | - | €381k | €237k | ▼ 37.9% |
| Trade debts44 | €231k | €409k | €978k | €788k | €1.43M | ▲ 82.0% |
| Suppliers440/4 | - | €409k | €978k | €788k | €1.43M | ▲ 82.0% |
| Taxes, remuneration and social security45 | - | €150k | €252k | €133k | €185k | ▲ 39.6% |
| Taxes450/3 | - | €118k | €184k | €80k | €118k | ▲ 48.5% |
| Remuneration and social security454/9 | - | €32k | €67k | €53k | €67k | ▲ 26.2% |
| Other amounts payable47/48 | - | €4k | - | €65k | €33k | ▼ 49.2% |
| Accrued charges and deferred income492/3 | - | - | €2k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58k | €245k | €382k | €475k | €367k | ▼ 22.9% |
| + Depreciation and write-downs630 | €20k | €24k | €35k | €38k | €38k | ▼ 0.4% |
| Operating cash flow (approximation) | €78k | €269k | €417k | €513k | €405k | ▼ 21.2% |
| Investment in fixed assets (approximation) | - | €-23k | €-70k | €-11k | €-13k | ▼ 12.1% |
| Change in cash | - | €-166 | €28k | €-24k | €3k | ▲ 111% |
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
23-09
State Gazette act
Registered-office move · General meetingDirector in office3 facts ▸
State Gazette act
Registered-office move · General meeting
Director in office3 facts ▸
- Registered-office move, Route de Tilice, 3 à 4041 Milmort en Région Wallonne
- General meeting, 24-08-2026
- Director in office, Marino PIACENTINI (director)
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €475k ▲24.5%
Operating result €686k, net result €475k, both a record.
31-12
Financial
Equity above €1MEq €1.24M ▲55.9%
6 profitable years in a row build equity to €1.24M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €796k ▲92.2%
5 profitable years in a row build equity to €796k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €414k ▲145%
4 profitable years in a row build equity to €414k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Equity above €150kEq €169k ▲52.2%
3 profitable years in a row build equity to €169k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €13k ▼81.9%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €111k ▲13%
2 profitable years in a row build equity to €111k.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have 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
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2015
Ground area
1.2 ha
Building footprint
4,626 m²
Volume, LiDAR
30,919 m³
2 parcels, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue des Alouettes 31, 4042 Herstal
since 20152.239.109.891
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071B0049/00P000 | Wallonia | 6,877 m² | 1 · 2,642 m² | 7.6 m · 2 fl. |
| 62064A0220/00V002 | Wallonia | 5,434 m² | 1 · 1,983 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
ARISTIDE
BE 0568.538.774
Kontich · Eq €1.60M
GOVAERE
BE 0699.676.341
Brugge · Eq €1.51M
Profi-Paint
BE 0760.407.645
Lommel · Eq €1.75M
ETABLISSEMENTS GUILMIN
BE 0639.929.685
Marche-en-Famenne · Eq €1.41M
DECOLINE
BE 0466.573.760
Pelt · Eq €1.83M
Of 231 companies in sector 46833 we hold annual accounts for 143. 94 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
Founded20-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
46833Wholesale trade
20300Manufacture of chemicals and chemical products
47526Retail trade
Contact
Website
www.conceptpaint.beHerstal
E-mail
info@conceptpaint.beHerstal
Scores and ratios are computed by Checked and are not a credit decision.