NX Concept
ActiveSummary
The computed 12-month bankruptcy probability of NX Concept is 1.8% (moderate). The 2025 annual accounts show equity of €20,917 and a net result of €338. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 18606 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability49▼-8
Solvency29▲+1
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32 against 1.4 in 2024; short-term debt: 33.3% and cash: 1.1% of total assets), and 96.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.8%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18606 sector peers (2025).
NBB · sector comparisonPosition among 18606 sector peers
Solvency
better than 25%
← weakest
strongest →
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 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 d early
2024
102 d late
2023
127 d early
2022
5 d early
2021
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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. Usually files around 26 July (4 of the last 5 filed years within 107 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€20,917▲ 1.6%
2024 · €20,579
Total assets
€550,232▼ 11.2%
2024 · €619,798
Net result
€338▼ 89.3%
2024 · €3,160
Working capital
€57,685▼ 26.2%
2024 · €78,128
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,555--€4,874€27,175€17,148▼ 36.9%€11,297▼ 34.1%
Net result€2,962within the sector's middle half--€12,896below the sector's middle half€17,353within the sector's middle half€3,160within the sector's middle half▼ 81.8%€338within the sector's middle half▼ 89.3%
Equity€12,962within the sector's middle half-€65below the sector's middle half▼ 99.5%€17,419within the sector's middle half▲ 26,522%€20,579within the sector's middle half▲ 18.1%€20,917within the sector's middle half▲ 1.6%
Total assets€175,345within the sector's middle half-€258,911within the sector's middle half▲ 47.7%€526,261above the sector's middle half▲ 103%€619,798above the sector's middle half▲ 17.8%€550,232above the sector's middle half▼ 11.2%
Debt€162,383-€258,846▲ 59.4%€508,842▲ 96.6%€599,219▲ 17.8%€529,315▼ 11.7%
Working capital€83,248within the sector's middle half-€62,330within the sector's middle half▼ 25.1%€53,836within the sector's middle half▼ 13.6%€78,128within the sector's middle half▲ 45.1%€57,685within the sector's middle half▼ 26.2%
Solvency7.4%within the sector's middle half-0.0%below the sector's middle half▼ 7.4pp3.3%below the sector's middle half▲ 3.3pp3.3%below the sector's middle half=3.8%below the sector's middle half▲ 0.5pp
Current ratio2.79above the sector's middle half-1.65within the sector's middle half▼ 1.141.43within the sector's middle half▼ 0.221.40within the sector's middle half▼ 0.021.32within the sector's middle half▼ 0.09
Return on assets (ROA)1.7%within the sector's middle half--5.0%below the sector's middle half▼ 6.7pp3.3%within the sector's middle half▲ 8.3pp0.5%within the sector's middle half▼ 2.8pp0.1%within the sector's middle half▼ 0.4pp
Staff (FTE)1-11.8▲ 80.0%3▲ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €550,232
Fixed assets
€309,582 ▼ 10.8%
Current assets
€240,650 ▼ 11.7%
Equity and liabilities €550,232
Equity
€20,917 ▲ 1.6%
Debt
€529,315 ▼ 11.7%
Debt's share of the balance-sheet total falls from 96.7% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60,711▼
2024 · €63,300
Cash flow
€49,752▲
2024 · €49,312
Quick ratio
0.07▼
2024 · 0.21
Debt to equity
25.31▼
2024 · 29.12
ROE
1.6%▼
2024 · 15.4%
Interest coverage
3.62▼
2024 · 4.57
Debt ≤ 1 year
€182,965▼
2024 · €194,434
Debt > 1 year
€346,351▼
2024 · €402,285
Income taxes
€34▼
2024 · €316
Staff costs
€147,354▲
2024 · €81,563
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.4%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,250 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €28,570 | €36,766 | €49,124 | €81,563 | €147,354 | ▲ 80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,928 | €25,113 | €42,917 | €46,152 | €49,414 | ▲ 7.1% |
| Other operating charges640/8 | €1,326 | €1,290 | €1,630 | €1,773 | €4,205 | ▲ 137% |
| Gross operating margin9900 | €65,380 | €58,294 | €120,846 | €146,636 | €212,270 | ▲ 44.8% |
| Operating profit (loss)9901 | €8,555 | -€4,874 | €27,175 | €17,148 | €11,297 | ▼ 34.1% |
| Financial income75/76B | €1,558 | - | €193 | €171 | €5,866 | ▲ 3,337% |
| Recurring financial income75 | €1,558 | - | €193 | €171 | €5,866 | ▲ 3,337% |
| Financial charges65/66B | €6,855 | €8,022 | €9,569 | €13,842 | €16,791 | ▲ 21.3% |
| Recurring financial charges65 | €6,855 | €8,022 | €9,569 | €13,842 | €16,791 | ▲ 21.3% |
| Profit (loss) for the period before taxes9903 | €3,258 | -€12,896 | €17,799 | €3,476 | €372 | ▼ 89.3% |
| Income taxes67/77 | €296 | €0 | €446 | €316 | €34 | ▼ 89.3% |
| Profit (loss) for the period9904 | €2,962 | -€12,896 | €17,353 | €3,160 | €338 | ▼ 89.3% |
| Profit (loss) for the period to be appropriated9905 | €2,962 | -€12,896 | €17,353 | €3,160 | €338 | ▼ 89.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,345 | €258,911 | €526,261 | €619,798 | €550,232 | ▼ 11.2% |
| Formation expenses20 | €881 | €399 | - | - | - | - |
| Fixed assets21/28 | €44,727 | €99,698 | €346,264 | €347,235 | €309,582 | ▼ 10.8% |
| Tangible fixed assets22/27 | €44,502 | €99,473 | €346,038 | €347,010 | €309,357 | ▼ 10.9% |
| Land and buildings22 | €4,148 | €44,765 | €253,897 | €282,896 | €262,312 | ▼ 7.3% |
| Plant, machinery and equipment23 | €22,950 | €12,515 | €15,702 | €13,501 | €11,110 | ▼ 17.7% |
| Furniture and vehicles24 | €17,404 | €42,193 | €76,439 | €50,613 | €35,935 | ▼ 29.0% |
| Financial fixed assets28 | €225 | €225 | €225 | €225 | €225 | = |
| Current assets29/58 | €129,737 | €158,814 | €179,997 | €272,562 | €240,650 | ▼ 11.7% |
| Stocks and contracts in progress3 | €100,823 | €136,774 | €136,247 | €232,371 | €228,371 | ▼ 1.7% |
| Stocks30/36 | €100,823 | €136,774 | €136,247 | €232,371 | €228,371 | ▼ 1.7% |
| Amounts receivable within one year40/41 | €17,506 | €6,895 | €27,371 | €18,596 | €5,942 | ▼ 68.0% |
| Trade receivables40 | €17,506 | €6,895 | €27,371 | €18,596 | €5,942 | ▼ 68.0% |
| Cash at bank and in hand54/58 | €11,408 | €8,408 | €10,198 | €19,068 | €6,256 | ▼ 67.2% |
| Deferred charges and accrued income490/1 | - | €6,738 | €6,181 | €2,528 | €81 | ▼ 96.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,345 | €258,911 | €526,261 | €619,798 | €550,232 | ▼ 11.2% |
| Equity10/15 | €12,962 | €65 | €17,419 | €20,579 | €20,917 | ▲ 1.6% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €2,962 | €2,962 | €7,419 | €10,579 | €10,917 | ▲ 3.2% |
| Distributable reserves133 | €2,962 | €2,962 | €7,419 | €10,579 | €10,917 | ▲ 3.2% |
| Profit (loss) carried forward14 | - | -€12,896 | - | - | - | - |
| Amounts payable17/49 | €162,383 | €258,846 | €508,842 | €599,219 | €529,315 | ▼ 11.7% |
| Amounts payable after more than one year17 | €114,144 | €160,272 | €380,681 | €402,285 | €346,351 | ▼ 13.9% |
| Financial debts170/4 | €10,143 | €64,194 | €279,779 | €294,239 | €249,674 | ▼ 15.1% |
| Other amounts payable178/9 | €104,001 | €96,078 | €100,902 | €108,045 | €96,677 | ▼ 10.5% |
| Amounts payable within one year42/48 | €46,489 | €96,483 | €126,161 | €194,434 | €182,965 | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | €13,766 | €22,927 | €33,278 | €59,432 | €64,388 | ▲ 8.3% |
| Trade debts44 | €18,915 | €50,421 | €30,185 | €102,568 | €62,422 | ▼ 39.1% |
| Suppliers440/4 | €18,915 | €50,421 | €30,185 | €102,568 | €62,422 | ▼ 39.1% |
| Advances received on contracts in progress46 | - | - | €35,500 | - | - | - |
| Taxes, remuneration and social security45 | €13,808 | €23,136 | €27,199 | €32,434 | €56,154 | ▲ 73.1% |
| Taxes450/3 | €9,894 | €12,987 | €13,897 | €14,800 | €24,564 | ▲ 66.0% |
| Remuneration and social security454/9 | €3,914 | €10,149 | €13,302 | €17,635 | €31,591 | ▲ 79.1% |
| Accrued charges and deferred income492/3 | €1,750 | €2,090 | €2,000 | €2,500 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,962 | -€12,896 | €17,353 | €3,160 | €338 | ▼ 89.3% |
| + Depreciation and write-downs630 | €26,928 | €25,113 | €42,917 | €46,152 | €49,414 | ▲ 7.1% |
| Operating cash flow (approximation) | €29,890 | €12,217 | €60,270 | €49,312 | €49,752 | ▲ 0.9% |
| Investment in fixed assets (approximation) | - | -€80,084 | -€289,482 | -€47,124 | -€11,761 | ▲ 75.0% |
| Change in cash | - | -€3,000 | €1,790 | €8,870 | -€12,812 | ▼ 244% |
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17,353
Net result €17,353 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€12,896
Net result drops to -€12,896, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Léglise · 1 establishment unit since 2020
Ground area
1.0 ha
Parcel 84033D0437/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NX Concept srl
since 20202.310.224.254
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84033D0437/00C000 | Wallonia | 1.0 ha | - | - |
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.
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Of 1,127 companies in sector 47830 we hold annual accounts for 467. 259 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
Founded29-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47830Retail sale of motorcycles and motorcycle parts and accessories
33170Repair, maintenance and installation of machinery and equipment
47820Retail sale of motor vehicle parts and accessories
Contact
Phone
063225504Léglise
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757633742
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.