CONCEPTS
Bankruptcy closedInactive since 19-05-2026; last annual accounts for fiscal year 2021.
Summary
CONCEPTS was declared bankrupt on 28-01-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 19-05-2026, published in the Belgian State Gazette on 22-05-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-08-2022, 25 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
25 d late
2020
20 d late
2019
53 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2021, micro schema
Equity
€33k
2020 · €-7k
2018: €4k
2019: €-17k
2020: €-7k
2018 → 2021
Total assets
€54k▲ 28.4%
2020 · €42k
2018: €89k
2019: €35k
2020: €42k
2018 → 2021
Net result
€40k▲ 329%
2020 · €9k
2018: €-8k
2019: €-21k
2020: €9k
2018 → 2021
Working capital
€28k
2020 · €-15k
2018: €100
2019: €-27k
2020: €-15k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€4k-€-17k€-7k▲ 55.8%€33k
Operating result€-5k-€-19k▼ 281%€10k€44k▲ 322%
Net result€-8k-€-21k▼ 155%€9k€40k▲ 329%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed two years in a row; 2021 is 322% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €54k
Fixed assets
€5k ▼ 55.5%
Current assets
€49k ▲ 55.7%
Equity and liabilities €54k
Equity
€33k
Debt
€21k
Debt finances 38.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€52k▲
2020 · €18k
Cash flow
€48k▲
2020 · €17k
Current ratio
2.36▲
2020 · 0.68
Debt to equity
0.63▲
2020 · -0.37
ROE
122.6%
ROA
75.0%▲
2020 · 22.5%
Interest coverage
125.35
Debt ≤ 1 year
€21k▼
2020 · €46k
Debt > 1 year
€0▼
2020 · €3k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 46 lines
Balance sheet
Code20202021
Assets
Total assets20/58€42k€54k▲
Fixed assets21/28€10k€5k▼
Tangible fixed assets22/27€10k€5k▼
Plant, machinery and equipment23-€5k
Leasing and similar rights25-€0
Current assets29/58€32k€49k▲
Stocks and contracts in progress3€4k€0▼
Stocks30/36-€0
Amounts receivable within one year40/41€20k€31k▲
Trade receivables40-€24k
Other amounts receivable41-€7k
Cash at bank and in hand54/58€7k€17k▲
Deferred charges and accrued income490/1-€388
Equity and liabilities
Total equity and liabilities10/49€42k€54k▲
Equity10/15€-7k€33k▲
Contributions10/11-€12k
Reserves13€10k€20k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€19k
Profit (loss) carried forward14€-30k€0▲
Amounts payable17/49€49k€21k▼
Amounts payable after more than one year17€3k€0▼
Financial debts170/4-€0
Amounts payable within one year42/48€46k€21k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€4k€6k▲
Suppliers440/4-€6k
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48-€6k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8-€904
Gross operating margin9900€19k€53k▲
Operating profit (loss)9901€10k€44k▲
Recurring financial income75€0-
Financial charges65/66B-€416
Recurring financial charges65€1k€416▼
Profit (loss) for the period before taxes9903€9k€44k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€9k€40k▲
Profit (loss) for the period to be appropriated9905€9k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10k
Profit (loss) brought forward from the previous period14P-€-30k
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CONCEPTS BV PARKLAAN 46, 2300 TURNHOUT · event 19-05-2026
2025
05-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CONCEPTS BV PARKLAAN 46, 2300 TURNHOUT · event 28-01-2025
17-01
KBO administration
Address struck
Parklaan 46 2300 Die Sitzadresse Parklaan 46 2300 Turnhout
hout · event 10-10-2024
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €40k ▲329%
Operating result €44k, net result €40k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.36
Current ratio from 0.68 to 2.36; short-term debt falls from €46k to €21k.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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
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.
Ground area
2,736 m²
Building footprint
1,245 m²
Volume, LiDAR
13,717 m³
Parcel 13453O0314/00A000, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0314/00A000 | Flanders | 2,736 m² | 1 · 1,244 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | RONNY CEUSTERS GEMEENTESTRAAT 4 BUS 6,
2300 TURNHOUT |
28-01-2025 → 19-05-2026 |
Recognitions · licences · registrations
Dual-learning approval
5 endedInterieurbouwer (so)
Machinaal houtbewerker (so)
Plaatser binnenschrijnwerk (so)
Plaatser interieurelementen (so)
Productiemedewerker interieurbouw (so)
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Of 1,449 companies in sector 74130 we hold annual accounts for 341. 286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
74130Interior design
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.