Financials
- Fiscal year
- 2024
- Total assets
- €1.2m
- Profit
- €49,852
- Solvency
- -47.0%
Turnover▼ 35.0%
Net result
20212022
MY CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of MY CONCEPT is 3.8% (moderate). The 2024 annual accounts show negative equity (-€548,185) and a net result of €49,852. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 12% of 15874 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of live animals
NACE 46231
1 site
Size
€1.2mtotal assets 2024
- Equity
- -€548,185
- Profit
- €49,852
Structure
Accounts 65 d overdue0 of 4 deeds read
Why 49- 1 change of registered office in 24 months- Figures for FY 2024 (filed 07-07-2025)- Negative equity -€548,185+ Founded in 2004Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -47.0% of total assets
Liquidity
53+7
short-term debt 15.3% · cash 5.0%
Profitability
49+49
return on assets 4.3%
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 5.1%▲ +132% vs 11-2024
01-2025: 6.9%▲ +35.1% vs 12-2024
02-2025: 7.9%▲ +15.3% vs 01-2025
03-2025: 7.8%▼ -1.5% vs 02-2025
04-2025: 8.0%▲ +2.8% vs 03-2025
05-2025: 8.2%▲ +1.5% vs 04-2025highest value
06-2025: 7.9%▼ -3.4% vs 05-2025
07-2025: 7.7%▼ -1.6% vs 06-2025
08-2025: 1.2%▼ -84.7% vs 07-2025lowest value
09-2025: 1.2%● 0.0% vs 08-2025lowest value
10-2025: 1.2%● 0.0% vs 09-2025lowest value
11-2025: 1.2%● 0.0% vs 10-2025lowest value
12-2025: 1.2%● 0.0% vs 11-2025lowest value
01-2026: 1.2%● 0.0% vs 12-2025lowest value
02-2026: 1.2%▲ +4.6% vs 01-2026
03-2026: 1.2%▼ -2.3% vs 02-2026
04-2026: 1.2%▲ +3.1% vs 03-2026
05-2026: 1.6%▲ +31.5% vs 04-2026
06-2026: 1.6%▼ -4.1% vs 05-2026
07-2026: 1.7%▲ +7.1% vs 06-2026
08-2026: 2.2%▲ +32.9% vs 07-2026
09-2026: 2.7%▲ +21.2% vs 08-2026
10-2026: 3.8%▲ +41.1% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 07-07-2025) raises the probability
- Negative equity -€548,185 raises the probability
- Founded in 2004 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.71 against 0.48 in 2023; short-term debt: 15.3% and cash: 5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 58%, profitability 38%, growth against the median 63%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 15874 sector peers (2024).
NBB · sector comparisonPosition among 15874 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
146 d late
2022
16 d late
2021
29 d late
2020
30 d late
2019
47 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 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €49,852
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€548,185 View
- Caution: Among the weakest 5% on equitysector median €56,095 · 15,912 companies -€548,185 View
- Positive: Back in profit in 2024after -€347,464 in 2023 €49,852 View
- Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
By topic
Timeline
- Events
- 14
- Since
- 2017
- 07-07-2025Annual accounts filed
- 31-12-2024Back to profit
- 24-12-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of live animalsNACE 46231
- Founded
- 23-03-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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