KP Concept

Active

Private limited companyfounded 20197 yrs activeBambosstraat 35, 9620 Zottegem, BelgiumKBO/BCE: BE 0733.558.936

The computed 12-month bankruptcy probability of KP Concept is 3.0% (moderate). The 2024 annual accounts show equity of €105k and a net result of €50k. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 40% of 36376 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

71 / 100

Healthy

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

Axes · tick = 2023

Profitability91▲+6

Solvency63▲+6

Growth78=

Track record100

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity ample (current ratio 1.83 against 1.56 in 2023; short-term debt: 20.6% and cash: 29.9% of total assets), but 62.5% 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

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

+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 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

on the day

2022

on the day

2021

2 d early

2020

30 d late

← before the deadline after the 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 2024, micro schema

Equity

€105k▲ 91.3%

2023 · €55k

2020: €23k 2021: €33k 2022: €32k 2023: €55k

2020 → 2024

Total assets

€280k▲ 63.2%

2023 · €171k

2020: €37k 2021: €41k 2022: €146k 2023: €171k

2020 → 2024

Net result

€50k▲ 123%

2023 · €22k

2020: €18k 2021: €10k 2022: €-196 2023: €22k

2020 → 2024

Working capital

€48k▲ 156%

2023 · €19k

2020: €23k 2021: €33k 2022: €11k 2023: €19k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€23k-€33k▲ 43.4%€32k▼ 0.6%€55k▲ 69.1%€105k▲ 91.3%

Operating result€24k-€14k▼ 42.5%€2k▼ 83.0%€35k▲ 1,386%€71k▲ 104%

Net result€18k-€10k▼ 44.4%€-196€22k€50k▲ 123%

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

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 104% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €280k

62.3%

37.7%

Fixed assets €174k▲ 45.8%

Current assets €106k▲ 103%

Equity and liabilities €280k

37.5%

62.5%

Equity €105k▲ 91.3%

Debt €175k▲ 50.0%

The debt ratio falls from 68.0% to 62.5%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€99k▲

2023 · €43k

Cash flow

€78k▲

2023 · €31k

Solvency

37.5%▲

2023 · 32.0%

Current ratio

1.83▲

2023 · 1.56

Quick ratio

1.83▲

2023 · 1.56

Debt / equity

1.67▼

2023 · 2.12

ROE

47.7%▲

2023 · 40.9%

ROA

17.9%▲

2023 · 13.1%

Interest coverage

17.15▲

2023 · 13.60

Debt

€175k▲

2023 · €117k

Debt ≤ 1 year

€58k▲

2023 · €33k

Debt > 1 year

€117k▲

2023 · €83k

Income taxes

€15k▲

2023 · €9k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€171k€280k▲

Fixed assets21/28€119k€174k▲

Tangible fixed assets22/27€119k€174k▲

Land and buildings22€93k€88k▼

Plant, machinery and equipment23-€4k

Furniture and vehicles24€27k€71k▲

Other tangible fixed assets26-€11k

Financial fixed assets28-€94

Current assets29/58€52k€106k▲

Amounts receivable within one year40/41€2k€19k▲

Trade receivables40€2k€18k▲

Other amounts receivable41-€1k

Cash at bank and in hand54/58€49k€84k▲

Deferred charges and accrued income490/1€553€3k▲

Equity and liabilities

Total equity and liabilities10/49€171k€280k▲

Equity10/15€55k€105k▲

Contributions10/11€5k€5k=

Capital10€5k€5k=

Issued capital100€5k€5k=

Reserves13€500€500=

Non-distributable reserves130/1€500€500=

Legal reserve130€500€500=

Profit (loss) carried forward14€49k€99k▲

Amounts payable17/49€117k€175k▲

Amounts payable after more than one year17€83k€117k▲

Financial debts170/4€83k€117k▲

Amounts payable within one year42/48€33k€58k▲

Current portion of amounts payable after more than one year42€9k€22k▲

Trade debts44-€206

Suppliers440/4-€206

Taxes, remuneration and social security45€11k€36k▲

Taxes450/3€11k€33k▲

Remuneration and social security454/9-€3k

Other amounts payable47/48€13k-

Accrued charges and deferred income492/3-€253

Income statement Code20232024

Remuneration, social security and pensions62€384-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€28k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€45k€100k▲

Operating profit (loss)9901€35k€71k▲

Financial income75/76B€2€166▲

Recurring financial income75€2€166▲

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€31k€65k▲

Income taxes67/77€9k€15k▲

Profit (loss) for the period9904€22k€50k▲

Profit (loss) for the period to be appropriated9905€22k€50k▲

Appropriation of the result

Profit (loss) to be appropriated9906€49k€99k▲

Profit (loss) brought forward from the previous period14P€27k€49k▲

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

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2020net €50k ▲123%

Operating result €71k, net result €50k, both a record.

31-12

Financial Equity above €100kEq €105k ▲91.3%

2 profitable years in a row build equity to €105k.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €22k

Net result €22k after one loss-making year.

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-196 ▼102%

Net result drops to €-196, the lowest in the series; recovery starts the following year.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

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

Directors · office · real estate

Directors

3 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, Zottegem · 2 establishment units since 2019

establishment All 2 establishment units on the map

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.

Bambosstraat 359620 Zottegem

Ground area

1,114 m²

Building footprint

217 m²

Volume, LiDAR

1,147 m³

2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

Bambosstraat 35, 9620 Zottegem

Joinery installation

since 20192.295.020.196

Stationsstraat 37, 9620 Zottegem

Full-service restaurants

since 20262.389.194.231

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41013A0311/00M000	Flanders	1,057 m²	1 · 160 m²	7.2 m · 1 fl.
41081A0691/00G003 ProtectedTownscape or village viewStadskern ZottegemSource ↗	Flanders	56 m²	1 · 56 m²	13.9 m · 4 fl.