IB CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of IB CONCEPT is 1.5% (moderate). For IB CONCEPT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€82,893) and a net result of -€31,342. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 13% of 26049 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability0▼-27
Solvency0▼-2
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-42.3%
Return on assets
-16%
Age of the figures
27 mo
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 →
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 · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 22-01-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
9 d early
2023
2 d late
2022
367 d late
2021
732 d late
2020
1097 d late
2019
1463 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 609 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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
Strikeout withdrawn
History
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Financials · fiscal year 2024, micro schema
Equity
-€82,893▼ 60.8%
2023 · -€51,551
Total assets
€195,970▼ 13.6%
2023 · €226,891
Net result
-€31,342▼ 745%
2023 · -€3,711
Working capital
-€74,900▼ 43.0%
2023 · -€52,386
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€25,477€108,431-€16,845-€2,494▲ 85.2%-€27,532▼ 1,004%
Net result-€35,112below the sector's middle half▼ 443%€100,584above the sector's middle half-€16,946below the sector's middle half-€3,711within the sector's middle half▲ 78.1%-€31,342below the sector's middle half▼ 745%
Equity-€131,479below the sector's middle half▼ 36.4%-€30,895below the sector's middle half▲ 76.5%-€47,841below the sector's middle half▼ 54.9%-€51,551below the sector's middle half▼ 7.8%-€82,893below the sector's middle half▼ 60.8%
Total assets€397,543above the sector's middle half▲ 5.1%€364,766above the sector's middle half▼ 8.2%€282,892within the sector's middle half▼ 22.4%€226,891within the sector's middle half▼ 19.8%€195,970within the sector's middle half▼ 13.6%
Debt€529,022▲ 11.5%€395,661▼ 25.2%€330,732▼ 16.4%€278,443▼ 15.8%€278,863▲ 0.2%
Working capital-€157,270below the sector's middle half▼ 28.7%-€15,271below the sector's middle half▲ 90.3%-€52,658below the sector's middle half▼ 245%-€52,386below the sector's middle half▲ 0.5%-€74,900below the sector's middle half▼ 43.0%
Solvency-33.1%below the sector's middle half▼ 7.6pp-8.5%below the sector's middle half▲ 24.6pp-16.9%below the sector's middle half▼ 8.4pp-22.7%below the sector's middle half▼ 5.8pp-42.3%below the sector's middle half▼ 19.6pp
Current ratio0.55below the sector's middle half▼ 0.040.96within the sector's middle half▲ 0.410.83below the sector's middle half▼ 0.130.79below the sector's middle half▼ 0.030.70below the sector's middle half▼ 0.09
Return on assets (ROA)-8.8%below the sector's middle half▼ 7.1pp27.6%above the sector's middle half▲ 36.4pp-6.0%below the sector's middle half▼ 33.6pp-1.6%within the sector's middle half▲ 4.4pp-16.0%below the sector's middle half▼ 14.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27,532 in 2024 against €2,494 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195,970
Fixed assets
€17,007 ▼ 34.2%
Current assets
€178,963 ▼ 11.0%
Key figures and ratios
EBITDA
-€11,258▼
2023 · €1,496
Cash flow
-€15,068▼
2023 · €279
Quick ratio
0.18▼
2023 · 0.27
Debt to equity
-3.36▲
2023 · -5.40
Interest coverage
-187.64▼
2023 · 1.20
Debt ≤ 1 year
€253,863▲
2023 · €253,443
Debt > 1 year
€25,000=
2023 · €25,000
Income taxes
€3,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,975 | €3,797 | €3,990 | €16,273 | ▲ 308% |
| Other operating charges640/8 | €1,342 | €3,105 | €505 | €348 | €384 | ▲ 10.6% |
| Gross operating margin9900 | -€24,135 | €113,512 | -€12,544 | €1,843 | -€10,874 | ▼ 690% |
| Operating profit (loss)9901 | -€25,477 | €108,431 | -€16,845 | -€2,494 | -€27,532 | ▼ 1,004% |
| Financial income75/76B | €52 | €1,393 | €53 | €34 | - | - |
| Recurring financial income75 | €52 | €215 | €53 | €34 | - | - |
| Non-recurring financial income76B | - | €1,178 | - | - | - | - |
| Financial charges65/66B | €9,687 | €9,240 | €154 | €1,250 | €60 | ▼ 95.2% |
| Recurring financial charges65 | €9,687 | €9,240 | €154 | €1,250 | €60 | ▼ 95.2% |
| Profit (loss) for the period before taxes9903 | -€35,112 | €100,584 | -€16,946 | -€3,711 | -€27,592 | ▼ 644% |
| Income taxes67/77 | - | - | - | - | €3,750 | - |
| Profit (loss) for the period9904 | -€35,112 | €100,584 | -€16,946 | -€3,711 | -€31,342 | ▼ 745% |
| Profit (loss) for the period to be appropriated9905 | -€35,112 | €100,584 | -€16,946 | -€3,711 | -€31,342 | ▼ 745% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397,543 | €364,766 | €282,892 | €226,891 | €195,970 | ▼ 13.6% |
| Fixed assets21/28 | €202,524 | €9,376 | €29,817 | €25,834 | €17,007 | ▼ 34.2% |
| Tangible fixed assets22/27 | €196,777 | €3,630 | €24,071 | €20,080 | €11,803 | ▼ 41.2% |
| Land and buildings22 | €191,172 | - | €4,288 | €4,287 | - | - |
| Plant, machinery and equipment23 | €5,605 | €3,630 | €2,161 | €2,161 | €2,161 | = |
| Furniture and vehicles24 | - | - | €17,623 | €13,633 | €9,643 | ▼ 29.3% |
| Financial fixed assets28 | €5,747 | €5,747 | €5,747 | €5,754 | €5,204 | ▼ 9.6% |
| Current assets29/58 | €195,019 | €355,390 | €253,075 | €201,057 | €178,963 | ▼ 11.0% |
| Stocks and contracts in progress3 | €133,755 | €133,755 | €133,762 | €133,755 | €133,755 | = |
| Stocks30/36 | €133,755 | €133,755 | €133,762 | €133,755 | €133,755 | = |
| Amounts receivable within one year40/41 | €60,104 | €71,628 | €56,444 | €61,448 | €38,670 | ▼ 37.1% |
| Trade receivables40 | €38,978 | €43,616 | €43,110 | €47,517 | €26,371 | ▼ 44.5% |
| Other amounts receivable41 | €21,126 | €28,012 | €13,334 | €13,931 | €12,299 | ▼ 11.7% |
| Cash at bank and in hand54/58 | - | €148,847 | €61,708 | €4,694 | €5,378 | ▲ 14.6% |
| Deferred charges and accrued income490/1 | €1,160 | €1,160 | €1,160 | €1,160 | €1,160 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397,543 | €364,766 | €282,892 | €226,891 | €195,970 | ▼ 13.6% |
| Equity10/15 | -€131,479 | -€30,895 | -€47,841 | -€51,551 | -€82,893 | ▼ 60.8% |
| Contributions10/11 | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Capital10 | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €2,400 | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Profit (loss) carried forward14 | -€147,679 | -€47,095 | -€64,041 | -€67,751 | -€99,093 | ▼ 46.3% |
| Amounts payable17/49 | €529,022 | €395,661 | €330,732 | €278,443 | €278,863 | ▲ 0.2% |
| Amounts payable after more than one year17 | €176,733 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Financial debts170/4 | €176,733 | - | - | - | €25,000 | - |
| Other amounts payable178/9 | - | €25,000 | €25,000 | €25,000 | - | - |
| Amounts payable within one year42/48 | €352,289 | €370,661 | €305,732 | €253,443 | €253,863 | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | €740 | - | - | - | - | - |
| Financial debts43 | €55,265 | €48,336 | €48,336 | - | - | - |
| Credit institutions430/8 | €55,265 | €48,336 | €48,336 | - | - | - |
| Trade debts44 | €99,932 | €108,810 | €114,697 | €115,108 | €5,546 | ▼ 95.2% |
| Suppliers440/4 | €99,932 | €108,810 | €114,697 | €115,108 | €5,546 | ▼ 95.2% |
| Advances received on contracts in progress46 | €14,525 | €56,961 | €58,844 | €58,844 | - | - |
| Taxes, remuneration and social security45 | €18,978 | €22,974 | €8,054 | €9,690 | €8,674 | ▼ 10.5% |
| Taxes450/3 | €18,978 | €22,974 | €8,054 | €9,690 | €8,674 | ▼ 10.5% |
| Other amounts payable47/48 | €162,849 | €133,580 | €75,801 | €69,801 | €239,642 | ▲ 243% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,112 | €100,584 | -€16,946 | -€3,711 | -€31,342 | ▼ 745% |
| + Depreciation and write-downs630 | - | €1,975 | €3,797 | €3,990 | €16,273 | ▲ 308% |
| Operating cash flow (approximation) | -€35,112 | €102,560 | -€13,149 | €279 | -€15,068 | ▼ 5,496% |
| Investment in fixed assets (approximation) | - | €191,172 | -€24,238 | -€7 | -€7,446 | ▼ 104,039% |
| Change in cash | - | - | -€87,138 | -€57,014 | €685 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-02
KBO administration
Strikeout withdrawn
event 02-02-2024
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 367 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 732 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1097 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1463 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1828 days late
2021
30-06
Financial
Back to profitnet €100,584
Net result €100,584 after 2 loss-making years.
2020
30-06
Financial
Weakest financial yearnet -€35,112
Net result drops to -€35,112, the lowest in the series; recovery starts the following year.
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 393 days late
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 71 days late
2016
11-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Londerzeel · 1 establishment unit since 2011
Ground area
217 m²
Building footprint
72 m²
Volume, LiDAR
556 m³
Parcel 23045F0076/00N004, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IB CONCEPT
since 20112.198.025.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045F0076/00N004 | Flanders | 217 m² | 1 · 72 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-04-2011
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
47559Retail sale of other household articles
70200Business and other management consultancy
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835443578
Also
9925:BE0835443578
Registered
09-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.