HM CONCEPT srl

Active

Private limited companyfounded 20206 yrs activeViville, rue de Metzert 19, 6700 Arlon, BelgiumKBO/BCE: BE 0745.566.744

The computed 12-month bankruptcy probability of HM CONCEPT srl is 1.8% (moderate). The 2025 annual accounts show equity of €226k and a net result of €40k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 69% of 7415 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

79 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability82▲+2

Solvency86▲+15

Growth68=

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €17k at 30 days acceptable

Liquidity ample (current ratio 2.71 against 1.85 in 2024; short-term debt: 26% and cash: 41.6% of total assets), and 38.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

61.5%

Return on assets

10.9%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

31 d late

2024

32 d late

2023

148 d late

2022

32 d late

2020

122 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Turnover

€817k▲ 227%

2020 · €250k

2020: €250k

2020 → 2022

EBIT margin

8.1%▼ 13.4pp

2020 · 21.5%

2020: 21.5%

2020 → 2022

Net result

€40k▲ 8.3%

2024 · €37k

2020: €40k 2022: €59k 2023: €-1k 2024: €37k

2020 → 2025

Working capital

€164k▲ 38.1%

2024 · €119k

2020: €67k 2022: €146k 2023: €81k 2024: €119k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202022202320242025Trend

Turnover€250k-€817k▲ 227%

Equity€50k-€150k▲ 198%€149k▼ 0.9%€186k▲ 24.8%€226k▲ 21.5%

Operating result€54k-€66k▲ 22.9%€-1k€45k€46k▲ 3.1%

Net result€40k-€59k▲ 47.3%€-1k€37k€40k▲ 8.3%

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

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €367k

29.4%

70.6%

Fixed assets €108k▼ 25.7%

Current assets €259k▲ 0.6%

Equity and liabilities €367k

61.5%

37.7%

Equity €226k▲ 21.5%

Provisions €3k=

Debt €138k▼ 35.4%

The debt ratio falls from 53.2% to 37.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€93k▲

2024 · €85k

Cash flow

€87k▲

2024 · €77k

Solvency

61.5%▲

2024 · 46.1%

Current ratio

2.71▲

2024 · 1.85

Quick ratio

2.71▲

2024 · 1.85

Debt / equity

0.61▼

2024 · 1.15

ROE

17.7%▼

2024 · 19.9%

ROA

10.9%▲

2024 · 9.2%

Interest coverage

23.20▲

2024 · 18.65

Debt

€138k▼

2024 · €214k

Debt ≤ 1 year

€96k▼

2024 · €139k

Debt > 1 year

€43k▼

2024 · €75k

Income taxes

€2k▼

2024 · €3k

Staff costs

€273k▲

2024 · €270k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€403k€367k▼

Fixed assets21/28€145k€108k▼

Tangible fixed assets22/27€142k€105k▼

Plant, machinery and equipment23€7k€10k▲

Furniture and vehicles24€11k€6k▼

Leasing and similar rights25€121k€87k▼

Other tangible fixed assets26€3k€2k▼

Financial fixed assets28€3k€3k=

Current assets29/58€258k€259k▲

Amounts receivable within one year40/41€174k€101k▼

Trade receivables40€69k€10k▼

Other amounts receivable41€104k€91k▼

Cash at bank and in hand54/58€78k€153k▲

Deferred charges and accrued income490/1€6k€6k▼

Equity and liabilities

Total equity and liabilities10/49€403k€367k▼

Equity10/15€186k€226k▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€176k€216k▲

Provisions and deferred taxes16€3k€3k=

Provisions for liabilities and charges160/5€3k€3k=

Other liabilities and charges164/5€3k€3k=

Amounts payable17/49€214k€138k▼

Amounts payable after more than one year17€75k€43k▼

Financial debts170/4€75k€43k▼

Amounts payable within one year42/48€139k€96k▼

Current portion of amounts payable after more than one year42€40k€36k▼

Trade debts44€78k€33k▼

Suppliers440/4€78k€33k▼

Taxes, remuneration and social security45€21k€26k▲

Taxes450/3€4k€6k▲

Remuneration and social security454/9€17k€20k▲

Accrued charges and deferred income492/3€86€96▲

Income statement Code20242025

Non-recurring operating income76A€35k€20k▼

Remuneration, social security and pensions62€270k€273k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€47k▲

Other operating charges640/8€4k€5k▲

Non-recurring operating charges66A-€50

Gross operating margin9900€359k€370k▲

Operating profit (loss)9901€45k€46k▲

Financial income75/76B€113€333▲

Recurring financial income75€113€333▲

Financial charges65/66B€5k€4k▼

Recurring financial charges65€5k€4k▼

Profit (loss) for the period before taxes9903€40k€42k▲

Income taxes67/77€3k€2k▼

Profit (loss) for the period9904€37k€40k▲

Profit (loss) for the period to be appropriated9905€37k€40k▲

Appropriation of the result

Profit (loss) to be appropriated9906€176k€216k▲

Profit (loss) brought forward from the previous period14P€139k€176k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 6Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

31-12

Financial Equity above €200kEq €226k ▲21.5%

2 profitable years in a row build equity to €226k.

01-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 32 days late

2024

31-12

Financial Back to profitnet €37k

Net result €37k after one loss-making year.

31-12

Financial Equity above €150kEq €186k ▲24.8%

Equity rises from €149k to €186k.

26-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 148 days late

2023

31-12

Financial Weakest financial yearnet €-1k ▼102%

Net result drops to €-1k, the lowest in the series; recovery starts the following year.

01-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 32 days late

2022

31-12

Financial Highest result since 2020net €59k ▲47.3%

Operating result €66k, net result €59k, both a record.

31-12

Financial Equity above €150kEq €150k ▲198%

2 profitable years in a row build equity to €150k.

2021

30-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 122 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Arlon · 1 establishment unit since 2020

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.

Viville, rue de Metzert 196700 Arlon

1 establishment unit

HM Concept

Viville, rue de Metzert 19, 6700 ArlonManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20202.303.105.345