NPCONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of NPCONCEPT is 1.8% (moderate). The 2025 annual accounts show equity of €64,146 and a net result of €22,138. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 62% of 22,679 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €64,146
- Profit
- €22,138
Why 56raises riskFounded in 2023Last filed accounts filed 40 days late; 2 of the last 3 lateSize: total assets €137,178lowers riskLiquidity: current ratio 1.94, cash €18,595Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 61% on solvency, 42% on liquidity, 84% on profitability and 87% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 34 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: Mannino Nausica (director)Permanent representative: Lodi Pietro
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result recovers in 2025; 2025 is over 3.9 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,724 | €3,388 | ▲ 96.6% |
| Other operating charges640/8 | - | €1,549 | €638 | ▼ 58.8% |
| Gross operating margin9900 | €41,759 | €9,596 | €28,839 | ▲ 201% |
| Operating profit (loss)9901 | €41,759 | €6,323 | €24,812 | ▲ 292% |
| Financial charges65/66B | €2,836 | €3,239 | €2,674 | ▼ 17.4% |
| Recurring financial charges65 | €2,836 | €3,239 | €2,674 | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | €38,923 | €3,085 | €22,138 | ▲ 618% |
| Income taxes67/77 | - | €3,000 | - | - |
| Profit (loss) for the period9904 | €38,923 | €85 | €22,138 | ▲ 261× |
| Profit (loss) for the period to be appropriated9905 | €38,923 | €85 | €22,138 | ▲ 261× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €68,730 | €83,561 | €137,178 | ▲ 64.2% |
| Fixed assets21/28 | €1,114 | €3,004 | €11,109 | ▲ 270% |
| Tangible fixed assets22/27 | €1,114 | €3,004 | €11,109 | ▲ 270% |
| Plant, machinery and equipment23 | - | - | €808 | - |
| Furniture and vehicles24 | - | €1,075 | €8,484 | ▲ 689% |
| Other tangible fixed assets26 | €1,114 | €1,929 | €1,817 | ▼ 5.8% |
| Current assets29/58 | €67,616 | €80,557 | €126,068 | ▲ 56.5% |
| Amounts receivable within one year40/41 | €62,172 | €61,814 | €107,473 | ▲ 73.9% |
| Trade receivables40 | €57,527 | €55,292 | €97,430 | ▲ 76.2% |
| Other amounts receivable41 | €4,644 | €6,522 | €10,044 | ▲ 54.0% |
| Current investments50/53 | €508 | - | - | - |
| Cash at bank and in hand54/58 | €4,936 | €18,744 | €18,595 | ▼ 0.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €68,730 | €83,561 | €137,178 | ▲ 64.2% |
| Equity10/15 | €41,923 | €42,008 | €64,146 | ▲ 52.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €38,923 | €39,008 | €61,146 | ▲ 56.8% |
| Distributable reserves133 | €38,923 | €39,008 | €61,146 | ▲ 56.8% |
| Amounts payable17/49 | €26,807 | €41,554 | €73,032 | ▲ 75.8% |
| Amounts payable after more than one year17 | €13,000 | €8,000 | €7,967 | ▼ 0.4% |
| Financial debts170/4 | €13,000 | €8,000 | €7,967 | ▼ 0.4% |
| Amounts payable within one year42/48 | €13,807 | €33,554 | €65,065 | ▲ 93.9% |
| Current portion of amounts payable after more than one year42 | - | €1,448 | €1,500 | ▲ 3.6% |
| Trade debts44 | €710 | €16,960 | €57,541 | ▲ 239% |
| Suppliers440/4 | €710 | €16,960 | €57,541 | ▲ 239% |
| Taxes, remuneration and social security45 | €13,097 | €15,143 | €6,020 | ▼ 60.2% |
| Taxes450/3 | €9,697 | €12,648 | €5,530 | ▼ 56.3% |
| Remuneration and social security454/9 | €3,400 | €2,495 | €490 | ▼ 80.4% |
| Other amounts payable47/48 | - | €3 | €3 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,923 | €85 | €22,138 | ▲ 261× |
| + Depreciation and write-downs630 | - | €1,724 | €3,388 | ▲ 96.6% |
| Operating cash flow (approximation) | €38,923 | €1,808 | €25,527 | ▲ 14× |
| Investment in fixed assets (approximation) | - | -€3,613 | -€11,494 | ▼ 218% |
| Change in cash | - | €13,807 | -€149 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 09-09-2026 | 2026-00509107 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00460443 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00438893 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LODI Pietro |
|
| MANNINO Nausica |
|
Owners and capital
Capital and shareholders
- LODI Pietro 500 shares (50%) · €1,500
- MANNINO Nausica 500 shares (50%) · €1,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 18-08-2023 Incorporation · €3,000 · 1,000 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-01
Gazette deed
Appointment: Mannino Nausica (director)Permanent representative: Lodi Pietro3 facts ▸
- General meeting, 01-08-2025
- Director appointment, Mannino Nausica (director)
- Permanent representative, Lodi Pietro
18-08
Gazette deed
IncorporationAppointment: LODI Pietro (director) · Registered office clause · Board rule11 facts ▸
- Registered office clause, “6280 Gerpinnes, Clos du Blautier 7, à dater dépôt au greffe expédition acte constitutif” (deed in French)
- Board rule, 1, “à dater dépôt au greffe expédition acte constitutif” (deed in French)
- Director appointment, LODI Pietro (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements,obligations et activités entrepris au nom et pour compte société en formation” (deed in French)
- Other provision, “frais constitution et avertissements”, 1461.34 (deed in French)
- Incorporation, 03-08-2023
- Founder, LODI Pietro
- Founder, MANNINO Nausica
- Founding capital, €3,000
- Shareholding, 500, 1500 (2 times)
- Capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52029A0201/00A000 | Wallonia | 1.6 ha | 1 · 109 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vidéo Youtube; Vente de formation en ligne; Cours de couture et cours type masterclass en direct sur internet et en présentiel; Création de…” (deed in French)
16 activities (deed in French)
- Vidéo Youtube
- Vente de formation en ligne
- Cours de couture et cours type masterclass en direct sur internet et en présentiel
- Création de maroquinerie
- Création d'une marque de vêtement
- Création d'accessoires
- Démonstration
- Création de site web
- Sous-traitance
- Montage vidéo
- Communication réseaux sociaux internet
- E-commerce (physique et digital)
- Vente de livre physique et numérique
- Application mobile
- Prestation de service
- Podcast audio
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NPCONCEPT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger, Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d’administration” (deed in French)“Frais de représentation,voyages et déplacements, portée aux frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires non de plein droit actionnaires sollicitent agrément mêmes formalités, libre cession de tout ou partie si un seul…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, administrateurs en fonction si aucun autre liquidateur désigné” (deed in French)