NAL CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of NAL CONCEPT is 2.7% (moderate). The 2025 annual accounts show equity of €31k and a net result of €-66. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 77% of 13417 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-64
Solvency88▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 30.57 in 2024; short-term debt: 37.4% and cash: 21.2% of total assets), and 37.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.6%
Return on assets
-0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
16 d late
2023
6 d late
2022
on the day
2021
2 d early
2020
9 d early
2019
15 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 0.2%
2024 · €31k
Total assets
€49k▲ 54.2%
2024 · €32k
Net result
€-66
2024 · €10k
Working capital
€17k▼ 43.6%
2024 · €31k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6k▼ 34.0%€669▼ 89.4%€-6k€12k€1k▼ 91.5%
Net result€6k▼ 11.0%€63▼ 98.9%€-7k€10k€-66
Equity€28k▲ 26.2%€28k▲ 0.2%€21k▼ 25.8%€31k▲ 47.5%€31k▼ 0.2%
Total assets€28k▲ 18.4%€28k▲ 0.9%€21k▼ 26.7%€32k▲ 52.1%€49k▲ 54.2%
Debt€248▼ 85.1%€427▲ 72.2%€44▼ 89.7%€1k▲ 2,257%€18k▲ 1,662%
Working capital€27k▲ 23.7%€28k▲ 1.2%€21k▼ 25.0%€31k▲ 47.5%€17k▼ 43.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€13k
Current assets
€36k
Equity and liabilities €49k
Equity
€31k ▼ 0.2%
Debt
€18k ▲ 1,662%
Debt's share of the balance-sheet total rises from 3.3% to 37.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k
Cash flow
€2k
Current ratio
1.95▼
2024 · 30.57
Quick ratio
1.82▼
2024 · 30.11
Debt to equity
0.60▲
2024 · 0.03
ROE
-0.2%▼
2024 · 32.2%
ROA
-0.1%▼
2024 · 31.1%
Interest coverage
2.14
Debt ≤ 1 year
€18k▲
2024 · €1k
Income taxes
€-244▼
2024 · €1k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €6k | - | €1k | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €275 | €275 | €275 | - | €2k | - |
| Other operating charges640/8 | €378 | €774 | €808 | €1k | €392 | ▼ 69.6% |
| Gross operating margin9900 | €7k | €2k | €-5k | €13k | €5k | ▼ 61.2% |
| Operating profit (loss)9901 | €6k | €669 | €-6k | €12k | €1k | ▼ 91.5% |
| Financial income75/76B | €69 | €72 | €55 | €42 | €35 | ▼ 16.7% |
| Recurring financial income75 | €69 | €72 | €55 | €42 | €35 | ▼ 16.7% |
| Financial charges65/66B | €555 | €551 | €867 | €854 | €1k | ▲ 59.8% |
| Recurring financial charges65 | €555 | €551 | €867 | €854 | €1k | ▲ 59.8% |
| Profit (loss) for the period before taxes9903 | €6k | €190 | €-7k | €11k | €-310 | ▼ 103% |
| Income taxes67/77 | €44 | €127 | - | €1k | €-244 | ▼ 118% |
| Profit (loss) for the period9904 | €6k | €63 | €-7k | €10k | €-66 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €6k | €63 | €-7k | €10k | €-66 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28k | €28k | €21k | €32k | €49k | ▲ 54.2% |
| Fixed assets21/28 | €550 | €275 | - | - | €13k | - |
| Tangible fixed assets22/27 | €550 | €275 | - | - | €13k | - |
| Plant, machinery and equipment23 | €550 | €275 | - | - | €3k | - |
| Other tangible fixed assets26 | - | - | - | - | €10k | - |
| Current assets29/58 | €28k | €28k | €21k | €32k | €36k | ▲ 12.2% |
| Stocks and contracts in progress3 | €637 | €988 | €2k | €478 | €2k | ▲ 373% |
| Stocks30/36 | €637 | €988 | €2k | €478 | €2k | ▲ 373% |
| Amounts receivable within one year40/41 | €15k | €16k | €17k | €20k | €23k | ▲ 17.6% |
| Trade receivables40 | €669 | - | - | €200 | - | - |
| Other amounts receivable41 | €15k | €16k | €17k | €19k | €23k | ▲ 18.8% |
| Cash at bank and in hand54/58 | €12k | €11k | €3k | €12k | €10k | ▼ 11.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28k | €28k | €21k | €32k | €49k | ▲ 54.2% |
| Equity10/15 | €28k | €28k | €21k | €31k | €31k | ▼ 0.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Outside capital11 | €12k | €12k | €12k | €12k | - | - |
| Other1109/19 | €12k | €12k | €12k | €12k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €14k | €14k | €7k | €16k | €16k | ▼ 0.4% |
| Amounts payable17/49 | €248 | €427 | €44 | €1k | €18k | ▲ 1,662% |
| Amounts payable within one year42/48 | €248 | €427 | €44 | €1k | €18k | ▲ 1,662% |
| Trade debts44 | - | €256 | €44 | €172 | €374 | ▲ 117% |
| Suppliers440/4 | - | €256 | €44 | €172 | €374 | ▲ 117% |
| Taxes, remuneration and social security45 | €248 | €171 | - | €865 | €797 | ▼ 7.9% |
| Taxes450/3 | €248 | €171 | - | €865 | €790 | ▼ 8.7% |
| Remuneration and social security454/9 | - | - | - | - | €7 | - |
| Other amounts payable47/48 | - | - | - | - | €17k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €63 | €-7k | €10k | €-66 | ▼ 101% |
| + Depreciation and write-downs630 | €275 | €275 | €275 | - | €2k | - |
| Operating cash flow (approximation) | €6k | €338 | €-7k | €10k | €2k | ▼ 81.5% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €-538 | €-8k | €9k | €-1k | ▼ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 473.48
Current ratio from 65.93 to 473.48; short-term debt falls from €427 to €44.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 8current ratio 111.43
Current ratio from 14.35 to 111.43; short-term debt falls from €2k to €248.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 14.35
Current ratio from 4.22 to 14.35; short-term debt falls from €5k to €2k.
15-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
Show earlier events
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oudergem · 1 establishment unit since 2006
Ground area
171 m²
Building footprint
148 m²
Volume, LiDAR
1,428 m³
Parcel 21002A0095/00P007, Brussels · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AMORE & FANTASIA
since 20062.157.667.703
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0095/00P007 | Brussels | 171 m² | 1 · 148 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudergem2.157.667.703
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. 9,481 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.