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HK CONCEPT

Active Private limited companyfounded 2020active for 6 yearsDupontstraat 30, 1030 SchaerbeekKBO/BCE: BE 0755.569.919

Lifetime

5 annual accounts with figures on one time axis
peak €281,616 (2026)
€281,616▲ 14.9%
lowest -€12,934 (2024)
€5,261▼ 71.2%
peak €11,716 (2026)
€11,716▲ 81.5%
€504,731▼ 12.0%
Board1 name since 2020
1 director
Documentsfilings and deeds
03-11-20263 days late
2026micro format
Gross margin from €245,104 to €281,616Result from €18,264 to €5,261Equity from €6,455 to €11,716Cash from €87,520 to €28,036

Key points

from the 2026 annual accounts

Turnover

≈ €2.6m estimated

The micro format states no turnover.

Debts

€504,731 98% of the balance sheet
Financial debts 54%Suppliers 35%Taxes and wages 2%Other 9%

Of this, €237,929 falls due within a year.

Position in the sector

€281,616

Higher gross margin than 95% of companies in retail trade. Sector median €45,465 · 905 companies.

2026 accounts filed 3 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,250 companies had the same profile as HK CONCEPT has now. Each dot stands for 4 companies, two years later.

94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,250 companies, not a prediction for HK CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 05-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0755569919
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 05-10-2020 · Gazette deed
First establishment Leuvensesteenweg 797, Evere
All 10 events

Comparable companies

same main activity, similar in size and age
Company
HK CONCEPT Schaerbeek €516,447 €281,616 2.3% -
BA Group Saint-Josse-ten-Noode €563,563 €261,848 27.3% -
ATA FOOD Molenbeek-Saint-Jean €512,525 €337,202 34.1% 9.1
IMMO BWIN Brussels €654,368 €275,014 27.7% -
EXPRESS STOCKEL Woluwe-Saint-Lambert €592,517 €358,338 37.0% 6.5
CUTS BENELUX Uccle €388,852 €242,089 10.5% -
Express Ezaart Mol €478,347 €266,278 27.5% 3.3

These companies have the same main activity as HK CONCEPT: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €389,000 and €654,000, founded in 2020.

Official details

Source: KBO
Status
Active since 01-10-2020Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Joint committee
201Independent retail · annual accounts 31-03-2024
Establishment unit
2.309.805.5701140 Evere, since 01-10-2020
Financial year end
31 March
Peppol
Reachable since 14-02-2026
Company details

Annual accounts to 31-03-2026

€516,447▼ 11.0%
Employeeson 31-03-2026
6=
Filing
Filed on 03-11-2026
Financials

Insights on HK CONCEPT

HK CONCEPT files the micro format. That format states no turnover. The gross margin rose from -€2,431 in 2022 to €281,616 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HK CONCEPT

What is the company number of HK CONCEPT?
The company number of HK CONCEPT is 0755.569.919. The VAT number is the same number with BE in front: BE 0755.569.919.
Where is HK CONCEPT based?
The registered office is at Dupontstraat 30, 1030 Schaerbeek.Company details
What does HK CONCEPT do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of HK CONCEPT?
HK CONCEPT is a private limited company (BV).
When was HK CONCEPT founded?
HK CONCEPT was founded on 01-10-2020.
Is HK CONCEPT still active?
Yes, HK CONCEPT is an active enterprise in the KBO register.
How many employees does HK CONCEPT have?
HK CONCEPT had an average of 6.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does HK CONCEPT fall under?
In its 31-03-2024 annual accounts, HK CONCEPT states joint committee 201 (Independent retail).
What is the turnover of HK CONCEPT?
The turnover in financial year 2026 is ≈ €2.6m. This figure is estimated from the gross margin of €281,616 and 50 comparable companies (NACE 47110). It probably lies between €2.0m and €3.6m.
Is HK CONCEPT profitable?
In financial year 2026, HK CONCEPT made a profit of €5,261.
Where can I find the annual accounts of HK CONCEPT?
HK CONCEPT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of HK CONCEPT due?
HK CONCEPT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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