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Complete company report
Generated 08-08-2026
Active BE 0763.746.128Private limited companyOpen bankruptcy

IT CONCEPTION

Steenweg op Mechelen 455 ·1950 Kraainem, Belgium· 5 yrs active
Sector: Joinery (43320)
Conclusion Checked

A bankruptcy procedure is open for IT CONCEPTION according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €4k and a net result of €2k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €4k
Net result €2k
Better than sector 17%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability48Solvency15Growth50Stability0
23 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 48
Solvency 15
Growth 50
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 risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 29-11-2022 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 9.7% 36.3%
better than 17% of 3536 sector peers
Net result €2k €11k
better than 28% of 3527 sector peers
Equity €4k €26k
better than 16% of 3539 sector peers
Gross operating margin €78k €31k
better than 76% of 3527 sector peers
Staff costs €74k €26k
higher than 76% of 1279 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2021
Revenue€168k
EBITDA€4k
Net profit€2k
Cash flow€3k
Staff costs€74k
Income taxes€900
Dividends-
Total assets€46k
Equity€4k
Debt€42k
of which ≤ 1y€42k
of which > 1y€0
Working capital€-4k
Employees (FTE)-
Ratios (computed)
2021
Current ratio0.90
Quick ratio0.90
Working capital ratio-8.8%
Solvency9.7%
Debt / equity9.34
Long-term debt ratio0.00
Interest coverage37.22
Gross margin46.4%
Net margin1.5%
ROA5.3%
ROE55.3%
EBITDA margin2.3%
Days sales outstanding39d
Days payable outstanding10d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€46k
Fixed assets 21/28€9k
Tangible fixed assets 22/27€9k
Current assets 29/58€38k
Amounts receivable within one year 40/41€28k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€46k
Equity 10/15€4k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€2k
Amounts payable 17/49€42k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€42k
Trade debts payable within one year 44€3k
Income statement
Turnover 70€168k
Gross operating margin 9900€78k
Operating result 9901€3k
Financial charges 65€105
Result before taxes 9903€3k
Income taxes 67/77€900
Net result for the period 9904€2k
Result to be appropriated 9905€2k
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator WIM HEETHEM
WATERLOOSESTEENWEG 412/F, 1050 BRUSSEL 5
 31-10-2023 → present Belgian State Gazette
Legal Structure
NACE primary Joinery(43320)
Legal form Private limited company(610)
Incorporation17-02-2021
StatusActive
Postal code1950
First BS signal 08-11-2023
Latest BS signal 08-11-2023
Company structure, linked entities1 linked entities
IT CONCEPTIONBE 0763.746.128WIM HEETHEMReceiver
Mandates
Establishment units 1 location
IT CONCEPTION
Rue Galilée 2, 4000 LiègeSmeden van metaal
since 20212.314.200.264
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.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
62078A0205/00A003 Wallonia 251 m² 1 · 37 m² 10.1 m · 3 fl.
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 3 events

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

2023
08-11-2023
Bankruptcy Opening
Ondernemingsrechtbank Brussel · IT CONCEPTION BV STEENWEG OP MECHELEN 455, 1950 KRAAINEM · event 31-10-2023
24-05-2023
State Gazette act Registered-office change
2022
29-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Lifecycle & Insolvency Signals 1 events
08-11-2023
Bankruptcy Opening
Date: 31-10-2023 · Ondernemingsrechtbank Brussel · IT CONCEPTION BV STEENWEG OP MECHELEN 455, 1950 KRAAINEM · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-11-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
24-05-2023
Registered-office move
All acts · 1 updated 3 years ago
2023
24-05-2023 Registered office moved from Wezembeek-Oppem to Kraainem Registered-office change
  • Grensstraat 166 bus 3, 1970Wezembeek-Oppem → Mechelsesteenweg 455, 1950 Kraainem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "combined",
      "new_address": {
        "raw": "Mechelsesteenweg 455, 1950 Kraainem",
        "city": "Kraainem",
        "region": "vlaams_gewest",
        "street": "Mechelsesteenweg",
        "country": "BE",
        "postcode": "1950",
        "box_number": null,
        "street_number": "455",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Grensstraat 166 bus 3, 1970Wezembeek-Oppem",
        "city": "Wezembeek-Oppem",
        "region": "vlaams_gewest",
        "street": "Grensstraat",
        "country": "BE",
        "postcode": "1970",
        "box_number": "3",
        "street_number": "166",
        "locality_suffix": null
      },
      "effective_date": "2023-04-25",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "beide",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-05-15",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-04-25",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0763.746.128",
    "name_full": "IT CONCEPTION",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Tunc Jordan",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Schrijnwerk43320Schrijnwerk43320Smeden van metaal25401Smeden van metaal25501Glaszetten43343Glaszetten43343Dakwerkzaamheden43410Waterdichtingswerken van muren43421Dakwerkzaamheden43910Waterdichtingswerken van muren43991
Primary activity highlighted.
Names & trade names
Legal nameFR IT CONCEPTION
Registered office
Steenweg op Mechelen 455
1950 Kraainem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative