H & Y CONCEPT
Open bankruptcyA bankruptcy procedure is open for H & Y CONCEPT according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €7k and a net result of €9k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-06-2024, 58 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
58 d early
2022
30 d late
2021
29 d late
← 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 2023, micro schema
Equity
€7k
2022 · €-2k
2021: €20k
2022: €-2k
2021 → 2023
Total assets
€42k▲ 22.9%
2022 · €34k
2021: €23k
2022: €34k
2021 → 2023
Net result
€9k
2022 · €-22k
2021: €5k
2022: €-22k
2021 → 2023
Working capital
€2k
2022 · €-8k
2021: €5k
2022: €-8k
2021 → 2023
Multi-year overview
Available amounts per fiscal year
Line202120222023Trend
Equity€20k-€-2k€7k
Operating result€6k-€-21k€9k
Net result€5k-€-22k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €9k after a loss of €21k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42k
Fixed assets
€4k▼ 28.3%
Current assets
€37k▲ 34.3%
Equity and liabilities €42k
Equity
€7k
Debt
€35k
Debt finances 84.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€11k▲
2022 · €-20k
Cash flow
€10k▲
2022 · €-21k
Solvency
15.8%▲
2022 · -6.2%
Current ratio
1.06▲
2022 · 0.77
Quick ratio
0.94▲
2022 · 0.77
Debt / equity
5.34▲
2022 · -17.19
ROE
131.9%
ROA
20.8%▲
2022 · -64.9%
Interest coverage
26.60▲
2022 · -24.42
Debt
€35k▼
2022 · €36k
Debt ≤ 1 year
€35k▼
2022 · €36k
Staff costs
€33k▲
2022 · €28k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€34k€42k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€28k€37k▲
Stocks and contracts in progress3-€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€15k€33k▲
Trade receivables40€6k€32k▲
Other amounts receivable41€9k€1k▼
Cash at bank and in hand54/58€13k€152▼
Equity and liabilities
Total equity and liabilities10/49€34k€42k▲
Equity10/15€-2k€7k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-17k€-8k▲
Amounts payable17/49€36k€35k▼
Amounts payable within one year42/48€36k€35k▼
Trade debts44€17k€28k▲
Suppliers440/4€17k€28k▲
Taxes, remuneration and social security45€19k€2k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€17k-
Other amounts payable47/48-€5k
Income statement
Code20222023
Remuneration, social security and pensions62€28k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€9k€46k▲
Operating profit (loss)9901€-21k€9k▲
Financial income75/76B€121-
Recurring financial income75€121-
Financial charges65/66B€822€406▼
Recurring financial charges65€822€406▼
Profit (loss) for the period before taxes9903€-22k€9k▲
Profit (loss) for the period9904€-22k€9k▲
Profit (loss) for the period to be appropriated9905€-22k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-8k▲
Profit (loss) brought forward from the previous period14P€5k€-17k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-05
KBO administration
Address struck
22-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · H & Y CONCEPT VOF IMPERIASTRAAT 8, 1930 ZAVENTEM · event 15-04-2025
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-22k ▼549%
Net result drops to €-22k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
SignalFinancial 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
1 establishment unit since 2021
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
1,042 m²
Building footprint
391 m²
Volume, LiDAR
4,257 m³
2 parcels, Flanders, Wallonia · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
H & Y CONCEPT
since 20212.324.799.691
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0514/00N002 | Flanders | 901 m² | 1 · 246 m² | 15.9 m · 4 fl. |
| 63043B0304/00M002 | Wallonia | 141 m² | 1 · 144 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | THOMAS VANDENDRIES STEENWEG OP SINT-JORIS-
WINGE 21, 3200 AARSCHOT |
15-04-2025 → present |
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded14-11-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.
Contact details
2 entriesE-mail:hamza.chatibi@gmail.com
Phone:0485597978