Active BE 0558.959.332Private limited company (pre-2019)Open bankruptcy

IN CONCEPT HOUSE

· 12 yrs active

Sector: Overige gespecialiseerde bouwactiviteiten, neg (43990)

Conclusion Checked

A bankruptcy procedure is open for IN CONCEPT HOUSE according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €258k and a net result of €238k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€258k
Net result	€238k
Better than sector	90%
Active	12 yrs

Financial profile 5 of 5 axes measured · computed by Checked

59 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 84

Solvency 100

Growth 85

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

24 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 26-03-2022 with the NBB · fiscal year 2021 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	72.8%	33.4%	better than 90% of 364 sector peers
Net result	€120k	€18k	better than 84% of 364 sector peers
Equity	€258k	€77k	better than 72% of 364 sector peers
Gross operating margin	€345k	€102k	better than 74% of 340 sector peers
Total assets	€355k	€354k	better than 50% of 364 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€1.77M

+10.5% 18-21

EBITDA

€208k

+40.4% 18-21

Net profit

€238k

+102.1% 18-21

Cash flow

€280k

+75.1% 18-21

Total assets

€355k

-37.7% 18-21

Equity

€258k

+87.0% 18-21

Working capital

€132k

- 18-21

Income taxes

€45k

+91.2% 18-21

Show 9 other metrics

Debt

€97k

-77.6% 18-21

Debt ≤ 1y

€97k

-77.6% 18-21

Current ratio

2.36

+154.7% 18-21

Quick ratio

2.36

+154.7% 18-21

Solvency

72.8%

+200.0% 18-21

ROE

92.1%

+8.1% 18-21

ROA

67.0%

+224.3% 18-21

Net margin

13.5%

+82.9% 18-21

EBITDA margin

11.8%

+27.0% 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	€1.77M
EBITDA	€208k
Net profit	€238k
Cash flow	€280k
Staff costs	-
Income taxes	€45k
Dividends	-
Total assets	€355k
Equity	€258k
Debt	€97k
of which ≤ 1y	€97k
of which > 1y	-
Working capital	€132k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	2.36
Quick ratio	2.36
Working capital ratio	37.1%
Solvency	72.8%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	13.5%
ROA	67.0%
ROE	92.1%
EBITDA margin	11.8%
Days sales outstanding	35d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €127k · 35.6% Current assets €229k · 64.4%

Equity & liabilities

Equity €258k · 72.8% Debt €97k · 27.3%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€355k
Fixed assets	21/28	€127k
Tangible fixed assets	22/27	€127k
Current assets	29/58	€229k
Amounts receivable within one year	40/41	€171k
Cash & bank	54/58	€57k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€355k
Equity	10/15	€258k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€238k
Amounts payable	17/49	€97k
Amounts payable within one year	42/48	€97k
Trade debts payable within one year	44	€8k
Income statement
Turnover	70	€1.77M
Gross operating margin	9900	€345k
Operating result	9901	€166k
Financial charges	65	€406
Result before taxes	9903	€165k
Income taxes	67/77	€45k
Net result for the period	9904	€120k
Result to be appropriated	9905	€120k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JEAN-LOUIS DE CHAFFOY JL SCHALIESTRAAT 18 BIS, 1602 VLEZENBEEK	12-07-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form	Private limited company (pre-2019)(015)
Incorporation	12-08-2014
Status	Active
Postal code	-
First BS signal	18-07-2022
Latest BS signal	18-07-2022

Establishment units 1 location

IN CONCEPT HOUSE

Zuidlaan 4, 1000 BrusselReparatie en onderhoud van producten van metaal

since 20142.236.441.106

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21008A0392/00X000	Brussels	3,242 m²	1 · 206 m²	27.7 m · 8 fl.
21810L2208/00A003	Brussels	114 m²	-	-

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.

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

18-07-2022

Bankruptcy Opening

Ondernemingsrechtbank Brussel · IN CONCEPT HOUSE BV PRINS BOUDEWIJNSTRAAT 69, 1083 GANSHOREN · event 12-07-2022

26-03-2022