M&Y CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of M&Y CONCEPT is 1.5% (moderate). The 2024 annual accounts show equity of €170,407 and a net result of €21,003. Equity has been growing by about 22% per year since 2021. Its solvency ranks better than 93% of 6,086 sector peers (NACE 96, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-11-2020 Normal situation
- Activity
- Day spas, saunas and steam baths NACE 96230and 4 others
- Establishment unit
- 2.310.154.176 1000 Brussel, since 17-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €68,235
- ▲ 35.8%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €21,003
- ▼ 16.2%
- Equity
- €170,407
- ▲ 14.1%
- Total assets
- €198,920
- ▲ 10.8%
- Staff
- ≈ 0.6 FTE
- estimated
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 88 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 04-11-2025)Founded in 2020lowers riskLiquidity: current ratio 4.11, cash €117,200Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 93% of them on solvency, 95% on liquidity, 43% on profitability and 62% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 4 accounts on average 59 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: Higher solvency than 93% of companies in personal servicessector median 24.9% · 6,086 companies 85.7% View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as M&Y CONCEPT: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €163,000 and €295,000, founded between 2019 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| M&Y CONCEPT Brussel | €198,920 | €68,235 |
| JUST B WELL Ukkel | €164,931 | €77,710 |
| C.M.Sun Boussu | €174,753 | €71,981 |
| NEW TADEMA Halle | €178,691 | €83,468 |
| JUSTNJOY Keerbergen | €209,895 | €52,254 |
| Gocova Harelbeke | €162,973 | €54,934 |
| BOHO NOVA Antwerpen | €294,704 | €58,677 |
Key facts about M&Y CONCEPT
- What is the company number of M&Y CONCEPT?
- The company number of M&Y CONCEPT is 0758.498.824. The VAT number is the same number with BE in front: BE 0758.498.824.
- Where is M&Y CONCEPT based?
- The registered office is at Antwerpselaan 21, 1000 Brussel.Company details
- What does M&Y CONCEPT do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of M&Y CONCEPT?
- The legal form of M&Y CONCEPT is Private limited company (BV).
- When was M&Y CONCEPT founded?
- M&Y CONCEPT was founded on 17-11-2020.
- Is M&Y CONCEPT still active?
- Yes, M&Y CONCEPT is an active enterprise in the KBO register.
- What is the turnover of M&Y CONCEPT?
- The turnover in financial year 2024 is ≈ €160,000. This figure is estimated from the gross margin of €68,235 and 33 comparable companies (NACE 962). It probably lies between €130,000 and €190,000.Financials
- Is M&Y CONCEPT profitable?
- In financial year 2024, M&Y CONCEPT made a profit of €21,003.
- Where can I find the annual accounts of M&Y CONCEPT?
- M&Y CONCEPT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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