CONCEPTS PROJECTS
InactiveCONCEPTS PROJECTS was declared bankrupt on 19-10-2022 (Ondernemingsrechtbank Gent, afdeling Veurne); the bankruptcy was closed for insufficient assets by judgment of 07-02-2024, published in the Belgian Official Gazette on 13-02-2024.
Summary
Inactive; last annual accounts for financial year 2020.
Financials · financial year 2020, abbreviated format
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result turns negative in 2020: a loss of €2,412 after €35,141 in 2019, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,233 | €14,117 | €1,044 | ▼ 92.6% |
| Gross operating margin9900 | €148,938 | €141,619 | €147,444 | ▲ 4.1% |
| Operating profit (loss)9901 | €86,804 | €35,141 | -€2,412 | - |
| Recurring financial income75 | €1,892 | €1 | €1 | ▲ 87.9% |
| Recurring financial charges65 | €2,555 | €3,349 | €4,012 | ▲ 19.8% |
| Profit (loss) for the period before taxes9903 | €86,141 | €31,793 | -€6,423 | - |
| Income taxes67/77 | €517 | €11,253 | - | - |
| Profit (loss) for the period9904 | €85,624 | €20,539 | -€6,423 | - |
| Profit (loss) for the period to be appropriated9905 | €85,624 | €20,539 | -€6,423 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €153,230 | €180,176 | €46,595 | ▼ 74.1% |
| Fixed assets21/28 | €44,469 | €45,793 | €2,635 | ▼ 94.2% |
| Tangible fixed assets22/27 | €44,469 | €45,793 | €2,635 | ▼ 94.2% |
| Current assets29/58 | €108,761 | €134,383 | €43,960 | ▼ 67.3% |
| Stocks and contracts in progress3 | €7,617 | €7,002 | €2,002 | ▼ 71.4% |
| Amounts receivable within one year40/41 | €27,866 | €62,879 | €20,308 | ▼ 67.7% |
| Cash at bank and in hand54/58 | €72,308 | €61,636 | €6,551 | ▼ 89.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €153,230 | €180,176 | €46,595 | ▼ 74.1% |
| Equity10/15 | -€12,833 | €7,706 | €1,283 | ▼ 83.3% |
| Contributions10/11 | €50,000 | €50,000 | - | - |
| Profit (loss) carried forward14 | -€62,833 | -€42,294 | -€48,717 | ▼ 15.2% |
| Amounts payable17/49 | €166,063 | €172,470 | €45,312 | ▼ 73.7% |
| Amounts payable after more than one year17 | €14,402 | €2,568 | - | - |
| Amounts payable within one year42/48 | €151,496 | €169,854 | €45,312 | ▼ 73.3% |
| Trade debts44 | €20,798 | €48,842 | €22,654 | ▼ 53.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,624 | €20,539 | -€6,423 | - |
| + Depreciation and write-downs630 | €11,233 | €14,117 | €1,044 | ▼ 92.6% |
| Operating cash flow (approximation) | €96,857 | €34,656 | -€5,379 | - |
| Investment in fixed assets (approximation) | - | -€15,440 | €42,114 | - |
| Change in cash | - | -€10,672 | -€55,085 | ▼ 416% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-42400228 |
| 31-12-2019 | abbreviated format | 18-09-2020 | 2020-54000089 |
| 31-12-2018 | abbreviated format | 17-07-2019 | 2019-33700315 |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-35300035 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.