CONCEPTS
ActiveCONCEPTS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €26k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+7
Solvency81▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 1.96 in 2024; short-term debt: 41.2% and cash: 29.7% of total assets), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.9%
Return on assets
5.9%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-11-2025, 21 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
21 d late
2024
13 d late
2023
4 d early
2022
2 d late
2021
9 d early
2020
10 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▲ 11.8%
2024 · €222k
2019: €66k
2020: €93k
2021: €147k
2022: €166k
2023: €209k
2024: €222k
2019 → 2025
Total assets
€443k▲ 7.1%
2024 · €414k
2019: €228k
2020: €264k
2021: €378k
2022: €391k
2023: €407k
2024: €414k
2019 → 2025
Net result
€26k▲ 103%
2024 · €13k
2019: €13k
2020: €27k
2021: €54k
2022: €19k
2023: €43k
2024: €13k
2019 → 2025
Working capital
€223k▲ 27.3%
2024 · €175k
2019: €71k
2020: €92k
2021: €118k
2022: €123k
2023: €178k
2024: €175k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€166k▲ 13.3%€209k▲ 25.7%€222k▲ 6.1%€248k▲ 11.8%
Operating result€80k-€33k▼ 58.2%€66k▲ 97.6%€27k▼ 58.8%€51k▲ 86.6%
Net result€54k-€19k▼ 63.7%€43k▲ 120%€13k▼ 70.0%€26k▲ 103%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €443k
Fixed assets
€38k▼ 32.4%
Current assets
€405k▲ 13.4%
Equity and liabilities €443k
Equity
€248k▲ 11.8%
Debt
€195k▲ 1.8%
The debt ratio falls from 46.4% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▲
2024 · €42k
Cash flow
€44k▲
2024 · €27k
Solvency
55.9%▲
2024 · 53.6%
Current ratio
2.22▲
2024 · 1.96
Quick ratio
0.84▲
2024 · 0.68
Debt / equity
0.79▼
2024 · 0.87
ROE
10.5%▲
2024 · 5.8%
ROA
5.9%▲
2024 · 3.1%
Interest coverage
4.51▲
2024 · 4.15
Debt
€195k▲
2024 · €192k
Debt ≤ 1 year
€182k=
2024 · €183k
Income taxes
€15k▲
2024 · €7k
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€414k€443k▲
Fixed assets21/28€56k€38k▼
Tangible fixed assets22/27€56k€38k▼
Land and buildings22€18k€13k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€37k€24k▼
Financial fixed assets28€84€84=
Current assets29/58€358k€405k▲
Stocks and contracts in progress3€234k€253k▲
Stocks30/36€234k€253k▲
Amounts receivable within one year40/41€27k€21k▼
Trade receivables40€24k€16k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€97k€132k▲
Equity and liabilities
Total equity and liabilities10/49€414k€443k▲
Equity10/15€222k€248k▲
Contributions10/11€19k€19k=
Reserves13€199k€226k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€199k€226k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€192k€195k▲
Amounts payable within one year42/48€183k€182k=
Trade debts44€758€2k▲
Suppliers440/4€758€2k▲
Advances received on contracts in progress46€5k€0▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€4k€4k▲
Remuneration and social security454/9€825€0▼
Other amounts payable47/48€172k€176k▲
Accrued charges and deferred income492/3€9k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€43k€70k▲
Operating profit (loss)9901€27k€51k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€10k€15k▲
Recurring financial charges65€10k€15k▲
Profit (loss) for the period before taxes9903€20k€41k▲
Income taxes67/77€7k€15k▲
Profit (loss) for the period9904€13k€26k▲
Profit (loss) for the period to be appropriated9905€13k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€30k▲
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer to equity691/2€13k€26k▲
To other reserves6921€13k€26k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
31-03
Financial
Weakest financial yearnet €13k ▼70%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200kEq €209k ▲25.7%
5 profitable years in a row build equity to €209k.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Equity above €150kEq €166k ▲13.3%
4 profitable years in a row build equity to €166k.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €54k ▲99%
Operating result €80k, net result €54k, both a record.
31-03
Financial
Equity above €100kEq €147k ▲57.4%
3 profitable years in a row build equity to €147k.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, De Haan · 1 establishment unit since 2005
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.
Blauwe Baliedreef 48420 De HaanGround area
445 m²
Building footprint
64 m²
Volume, LiDAR
65 m³
Parcel 35007A1616/00X000, Flanders · tallest building 2.6 m. Linked by address, not a title deed.
1 establishment unit
Concepts BV
since 20052.147.298.304
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A1616/00X000 | Flanders | 445 m² | 1 · 64 m² | 2.6 m |
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.
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ILJANA
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ELECTRO DE SANDER
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 652 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2005
Fiscal year end31-03
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
68121Development of residential building projects
52720
70111
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.