FLANDERS RETAIL CONCEPTS
ActiveFLANDERS RETAIL CONCEPTS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-51k) and a net result of €-70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▲+2
Solvency4▼-27
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.55 in 2023; short-term debt: 52.5% and cash: 11.2% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-21.2%
Return on assets
-29.1%
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-51k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
47 d early
2022
38 d early
2021
31 d late
2020
57 d early
2019
63 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-51k
2023 · €19k
2018: €18k
2019: €7k
2020: €-3k
2021: €58k
2022: €89k
2023: €19k
2018 → 2024
Total assets
€242k▼ 26.2%
2023 · €328k
2018: €19k
2019: €43k
2020: €346k
2021: €498k
2022: €502k
2023: €328k
2018 → 2024
Net result
€-70k▼ 1.2%
2023 · €-70k
2018: €-31k
2019: €-11k
2020: €-10k
2021: €61k
2022: €31k
2023: €-70k
2018 → 2024
Working capital
€-84k▼ 49.5%
2023 · €-56k
2018: €8k
2019: €-20k
2020: €250k
2021: €34k
2022: €42k
2023: €-56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-3k-€58k€89k▲ 52.9%€19k▼ 78.4%€-51k
Operating result€217k-€72k▼ 66.7%€45k▼ 37.7%€-54k€-47k▲ 11.8%
Net result€-10k-€61k€31k▼ 49.3%€-70k€-70k▼ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2024 against €54k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €242k
Fixed assets
€199k▼ 23.3%
Current assets
€43k▼ 37.2%
Key figures and ratios
EBITDA
€7k▲
2023 · €-5k
Cash flow
€-16k▲
2023 · €-21k
Solvency
-21.2%▼
2023 · 5.9%
Current ratio
0.34▼
2023 · 0.55
Quick ratio
0.24▼
2023 · 0.45
Debt / equity
-5.72▼
2023 · 16.08
ROA
-29.1%▼
2023 · -21.2%
Interest coverage
0.30▲
2023 · -0.35
Debt
€293k▼
2023 · €308k
Debt ≤ 1 year
€127k▲
2023 · €125k
Debt > 1 year
€157k▼
2023 · €178k
Income taxes
€237▼
2023 · €521
Staff costs
€216k▼
2023 · €223k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€328k€242k▼
Fixed assets21/28€259k€199k▼
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€252k€195k▼
Plant, machinery and equipment23€71k€61k▼
Furniture and vehicles24€105k€71k▼
Leasing and similar rights25€5k€2k▼
Other tangible fixed assets26€72k€61k▼
Financial fixed assets28€630€630=
Current assets29/58€69k€43k▼
Stocks and contracts in progress3€12k€12k▲
Stocks30/36€12k€12k▲
Amounts receivable within one year40/41€613€638▲
Trade receivables40€114€236▲
Other amounts receivable41€499€402▼
Cash at bank and in hand54/58€54k€27k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€328k€242k▼
Equity10/15€19k€-51k▼
Contributions10/11€19k€19k=
Reserves13€70k€70k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k-
Other1319-€2k
Distributable reserves133€68k€68k=
Profit (loss) carried forward14€-70k€-140k▼
Amounts payable17/49€308k€293k▼
Amounts payable after more than one year17€178k€157k▼
Financial debts170/4€178k€157k▼
Amounts payable within one year42/48€125k€127k▲
Current portion of amounts payable after more than one year42€22k€21k▼
Trade debts44€57k€45k▼
Suppliers440/4€57k€45k▼
Taxes, remuneration and social security45€45k€38k▼
Taxes450/3€20k€16k▼
Remuneration and social security454/9€25k€22k▼
Other amounts payable47/48€723€23k▲
Accrued charges and deferred income492/3€5k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€223k€216k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€54k▲
Other operating charges640/8€8k€3k▼
Gross operating margin9900€225k€225k=
Operating profit (loss)9901€-54k€-47k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€15k€23k▲
Recurring financial charges65€15k€23k▲
Profit (loss) for the period before taxes9903€-69k€-70k▼
Income taxes67/77€521€237▼
Profit (loss) for the period9904€-70k€-70k▼
Profit (loss) for the period to be appropriated9905€-70k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-140k▼
Profit (loss) brought forward from the previous period14P€0€-70k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after 3 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 16current ratio 4.34
Current ratio from 0.28 to 4.34.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Destelbergen · 1 establishment unit since 1997
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.
Steenakkerstraat(HEU) 99070 DestelbergenGround area
1,460 m²
Building footprint
138 m²
Volume, LiDAR
667 m³
Parcel 44028C0034/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KARBON
since 19972.076.731.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028C0034/00B000 | Flanders | 1,460 m² | 1 · 138 m² | 8.1 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,103 EUR awarded · 1,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 303 EUR | 0 EUR |
| 2024 | 1 | 1,800 EUR | 1,800 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 30,153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-04-1996
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.