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Hest Conceptstore

Active
Private limited companyfounded 20233 yrs activeIndustriepark Zone B4, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0805.219.665
Summary

The computed 12-month bankruptcy probability of Hest Conceptstore is 2.2% (moderate). The 2025 annual accounts show equity of €12,005 and a net result of €3,005. Its solvency ranks better than 27% of 18537 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability49
Solvency32
Growth-
Track record79
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.3; short-term debt: 10.8% and cash: 11.4% of total assets), and 93.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 August 2023, Hest Conceptstore was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€12,005
Total assets
€178,823
Net result
€3,005
Working capital
€5,764

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €178,823
Fixed assets €153,795
Current assets €25,027
Equity and liabilities €178,823
Equity €12,005
Debt €166,818
Debt finances 93.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€38,351
Cash flow
€25,959
Current ratio
1.30
Debt to equity
13.90
ROE
25.0%
ROA
1.7%
Interest coverage
3.37
Debt ≤ 1 year
€19,263
Debt > 1 year
€147,554
Income taxes
€1,002
Staff costs
€4,797

Peer companies

Historical observation

Of the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
4.9% went bankrupt
2.1% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€178,823
Fixed assets21/28€153,795
Tangible fixed assets22/27€153,795
Furniture and vehicles24€1,481
Other tangible fixed assets26€152,315
Current assets29/58€25,027
Amounts receivable within one year40/41€4,280
Trade receivables40€4,280
Cash at bank and in hand54/58€20,334
Deferred charges and accrued income490/1€413
Equity and liabilities
Total equity and liabilities10/49€178,823
Equity10/15€12,005
Contributions10/11€9,000
Reserves13€3,005
Distributable reserves133€3,005
Amounts payable17/49€166,818
Amounts payable after more than one year17€147,554
Financial debts170/4€144,884
Other amounts payable178/9€2,670
Amounts payable within one year42/48€19,263
Current portion of amounts payable after more than one year42€14,817
Trade debts44€511
Suppliers440/4€511
Taxes, remuneration and social security45€3,935
Taxes450/3€2,424
Remuneration and social security454/9€1,511
Income statement Code2025
Remuneration, social security and pensions62€4,797
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,954
Other operating charges640/8€1,065
Gross operating margin9900€44,212
Operating profit (loss)9901€15,397
Financial charges65/66B€11,390
Recurring financial charges65€11,390
Profit (loss) for the period before taxes9903€4,007
Income taxes67/77€1,002
Profit (loss) for the period9904€3,005
Profit (loss) for the period to be appropriated9905€3,005
Appropriation of the result
Profit (loss) to be appropriated9906€3,005
Transfer to equity691/2€3,005
To other reserves6921€3,005

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€4,797
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,954
Other operating charges640/8€1,065
Gross operating margin9900€44,212
Operating profit (loss)9901€15,397
Financial charges65/66B€11,390
Recurring financial charges65€11,390
Profit (loss) for the period before taxes9903€4,007
Income taxes67/77€1,002
Profit (loss) for the period9904€3,005
Profit (loss) for the period to be appropriated9905€3,005
Line2025
Assets
Total assets20/58€178,823
Fixed assets21/28€153,795
Tangible fixed assets22/27€153,795
Furniture and vehicles24€1,481
Other tangible fixed assets26€152,315
Current assets29/58€25,027
Amounts receivable within one year40/41€4,280
Trade receivables40€4,280
Cash at bank and in hand54/58€20,334
Deferred charges and accrued income490/1€413
Equity and liabilities
Total equity and liabilities10/49€178,823
Equity10/15€12,005
Contributions10/11€9,000
Reserves13€3,005
Distributable reserves133€3,005
Amounts payable17/49€166,818
Amounts payable after more than one year17€147,554
Financial debts170/4€144,884
Other amounts payable178/9€2,670
Amounts payable within one year42/48€19,263
Current portion of amounts payable after more than one year42€14,817
Trade debts44€511
Suppliers440/4€511
Taxes, remuneration and social security45€3,935
Taxes450/3€2,424
Remuneration and social security454/9€1,511
Line2025
Profit (loss) for the period9904€3,005
+ Depreciation and write-downs630€22,954
Operating cash flow (approximation)€25,959

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
1.3 ha
Building footprint
1.2 ha
Volume, LiDAR
118,147 m³
Parcel 12014K0411/00K000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hest Conceptstore
Industriepark Zone B4, 2220 Heist-op-den-BergRetail trade
since 20232.350.145.001
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12014K0411/00K000indicative Flanders 1.3 ha 1 · 1.2 ha 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,290 companies in sector 47690 we hold annual accounts for 425. 231 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-08-2023
Fiscal year end30-06
Activities, NACEBEL 2025
47690Retail sale of other cultural and recreation goods
47789Other retail sale of new goods
82300Organisation of conventions and trade shows
90312Arts creation and performing arts activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805219665
Also 9925:BE0805219665
Registered 11-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.