OH Concept
ActiveSummary
The annual accounts of OH Concept for fiscal year 2025 show a net loss of 50% of the equity at the start of that year. The 2025 annual accounts show equity of €178,647 and a net result of -€178,722. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 36% of 18626 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-87
Solvency43▼-31
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.68 against 1.9 in 2024; short-term debt: 58.3% and cash: 11.3% of total assets), but 81.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
18.1%
Return on assets
-18.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
5 d early
2024
28 d early
2023
43 d early
2022
53 d early
2021
34 d early
2020
5 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€1.1m▲ 51.9%
2021 · €692,361
EBIT margin
16.2%▲ 11.4pp
2021 · 4.8%
Net result
-€178,722
2024 · €103,930
Working capital
€392,562▲ 18.1%
2024 · €332,448
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
Turnover€692,361▲ 149%€1.1m▲ 51.9%
Operating result€33,531€170,391▲ 408%€110,976▼ 34.9%€156,566▲ 41.1%-€154,661
Net result€28,816above the sector's middle half€118,263above the sector's middle half▲ 310%€58,526above the sector's middle half▼ 50.5%€103,930above the sector's middle half▲ 77.6%-€178,722below the sector's middle half
EBIT margin4.8%▲ 7.3pp16.2%▲ 11.4pp
Equity€76,649within the sector's middle half▲ 60.2%€194,913above the sector's middle half▲ 154%€253,439above the sector's middle half▲ 30.0%€357,369above the sector's middle half▲ 41.0%€178,647above the sector's middle half▼ 50.0%
Total assets€213,964within the sector's middle half▲ 27.1%€432,687above the sector's middle half▲ 102%€485,337above the sector's middle half▲ 12.2%€728,512above the sector's middle half▲ 50.1%€985,762above the sector's middle half▲ 35.3%
Debt€137,315▲ 13.9%€237,774▲ 73.2%€231,898▼ 2.5%€371,143▲ 60.0%€807,115▲ 117%
Working capital€68,267within the sector's middle half▲ 87.9%€168,904above the sector's middle half▲ 147%€230,054above the sector's middle half▲ 36.2%€332,448above the sector's middle half▲ 44.5%€392,562above the sector's middle half▲ 18.1%
Solvency35.8%within the sector's middle half▲ 7.4pp45.0%within the sector's middle half▲ 9.2pp52.2%within the sector's middle half▲ 7.2pp49.1%within the sector's middle half▼ 3.2pp18.1%within the sector's middle half▼ 30.9pp
Current ratio1.50within the sector's middle half▲ 0.201.71within the sector's middle half▲ 0.211.99within the sector's middle half▲ 0.281.90within the sector's middle half▼ 0.101.68within the sector's middle half▼ 0.21
Return on assets (ROA)13.5%within the sector's middle half▲ 19.0pp27.3%above the sector's middle half▲ 13.9pp12.1%above the sector's middle half▼ 15.3pp14.3%above the sector's middle half▲ 2.2pp-18.1%below the sector's middle half▼ 32.4pp
Staff (FTE)1.62.1▲ 31.3%3▲ 42.9%
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 turns negative in 2025: a loss of €154,661 after €156,566 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €985,762
Fixed assets
€18,950 ▼ 24.0%
Current assets
€966,812 ▲ 37.4%
Equity and liabilities €985,762
Equity
€178,647 ▼ 50.0%
Debt
€807,115 ▲ 117%
Debt's share of the balance-sheet total rises from 50.9% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€148,690▼
2024 · €162,905
Cash flow
-€172,751▼
2024 · €110,270
Quick ratio
0.83▼
2024 · 1.11
Debt to equity
4.52▲
2024 · 1.04
ROE
-100.0%▼
2024 · 29.1%
Interest coverage
-4.94▼
2024 · 14.26
Debt ≤ 1 year
€574,250▲
2024 · €371,143
Debt > 1 year
€232,866
Income taxes
€5,006▼
2024 · €44,982
Staff costs
€143,211▲
2024 · €82,868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
6.4%
went bankrupt
6.6%
stopped otherwise
86%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 1,133 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €692,361 | €1.1m | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €865,438 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €8,695 | €49,214 | €82,868 | €143,211 | ▲ 72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,567 | €6,624 | €7,837 | €6,340 | €5,971 | ▼ 5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €51,852 | -€9,399 | -€31,274 | ▼ 233% |
| Other operating charges640/8 | - | €640 | €4,718 | €447 | €3,639 | ▲ 713% |
| Non-recurring operating charges66A | - | - | - | - | €30,831 | - |
| Gross operating margin9900 | €37,737 | €186,349 | €224,595 | €236,822 | -€2,283 | ▼ 101% |
| Operating profit (loss)9901 | €33,531 | €170,391 | €110,976 | €156,566 | -€154,661 | ▼ 199% |
| Financial income75/76B | - | €3,673 | - | €3,773 | €11,048 | ▲ 193% |
| Recurring financial income75 | €7,509 | €3,673 | - | €3,773 | €11,048 | ▲ 193% |
| Financial charges65/66B | - | €14,267 | €26,193 | €11,427 | €30,104 | ▲ 163% |
| Recurring financial charges65 | €8,096 | €14,267 | €26,193 | €11,427 | €30,104 | ▲ 163% |
| Profit (loss) for the period before taxes9903 | €32,944 | €159,797 | €84,782 | €148,912 | -€173,717 | ▼ 217% |
| Income taxes67/77 | €4,128 | €41,533 | €26,256 | €44,982 | €5,006 | ▼ 88.9% |
| Profit (loss) for the period9904 | €28,816 | €118,263 | €58,526 | €103,930 | -€178,722 | ▼ 272% |
| Profit (loss) for the period to be appropriated9905 | €28,816 | €118,263 | €58,526 | €103,930 | -€178,722 | ▼ 272% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €213,964 | €432,687 | €485,337 | €728,512 | €985,762 | ▲ 35.3% |
| Fixed assets21/28 | €8,383 | €26,009 | €23,385 | €24,921 | €18,950 | ▼ 24.0% |
| Intangible fixed assets21 | €7,933 | €25,559 | €20,308 | €17,912 | €13,367 | ▼ 25.4% |
| Tangible fixed assets22/27 | - | - | €1,086 | €3,292 | €1,866 | ▼ 43.3% |
| Furniture and vehicles24 | - | - | €1,086 | €2,228 | €1,237 | ▼ 44.5% |
| Other tangible fixed assets26 | - | - | - | €1,064 | €628 | ▼ 40.9% |
| Financial fixed assets28 | €450 | €450 | €1,991 | €3,718 | €3,718 | = |
| Current assets29/58 | €205,581 | €406,678 | €461,951 | €703,590 | €966,812 | ▲ 37.4% |
| Stocks and contracts in progress3 | €105,879 | €223,969 | €295,838 | €293,173 | €487,696 | ▲ 66.4% |
| Stocks30/36 | - | €223,969 | €295,838 | €293,173 | €487,696 | ▲ 66.4% |
| Amounts receivable within one year40/41 | €12,915 | €123,413 | €57,178 | €291,716 | €359,295 | ▲ 23.2% |
| Trade receivables40 | - | €123,413 | €41,461 | €291,716 | €319,244 | ▲ 9.4% |
| Other amounts receivable41 | - | - | €15,716 | - | €40,051 | - |
| Cash at bank and in hand54/58 | €86,787 | €58,554 | €107,768 | €118,702 | €111,421 | ▼ 6.1% |
| Deferred charges and accrued income490/1 | - | €742 | €1,167 | - | €8,400 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €213,964 | €432,687 | €485,337 | €728,512 | €985,762 | ▲ 35.3% |
| Equity10/15 | €76,649 | €194,913 | €253,439 | €357,369 | €178,647 | ▼ 50.0% |
| Contributions10/11 | - | €12,400 | €13,640 | €13,640 | €13,640 | = |
| Reserves13 | €1,240 | €51,240 | €130,000 | €230,000 | €210,479 | ▼ 8.5% |
| Non-distributable reserves130/1 | - | €1,240 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,240 | - | - | - | - |
| Distributable reserves133 | - | €50,000 | €130,000 | €230,000 | €210,479 | ▼ 8.5% |
| Profit (loss) carried forward14 | €63,009 | €131,273 | €109,799 | €113,729 | -€45,472 | ▼ 140% |
| Amounts payable17/49 | €137,315 | €237,774 | €231,898 | €371,143 | €807,115 | ▲ 117% |
| Amounts payable after more than one year17 | - | - | - | - | €232,866 | - |
| Financial debts170/4 | - | - | - | - | €232,866 | - |
| Amounts payable within one year42/48 | €137,315 | €237,774 | €231,898 | €371,143 | €574,250 | ▲ 54.7% |
| Current portion of amounts payable after more than one year42 | - | - | €18,785 | €7,644 | €7,644 | = |
| Financial debts43 | - | €91,689 | €7,633 | €59,637 | €226,331 | ▲ 280% |
| Credit institutions430/8 | - | €91,689 | €7,633 | €59,637 | €226,331 | ▲ 280% |
| Trade debts44 | €56,914 | €63,630 | €172,693 | €223,824 | €173,933 | ▼ 22.3% |
| Suppliers440/4 | - | €63,630 | €172,693 | €223,824 | €173,933 | ▼ 22.3% |
| Taxes, remuneration and social security45 | - | €50,965 | €478 | €42,721 | €28,384 | ▼ 33.6% |
| Taxes450/3 | - | €49,138 | €478 | €29,840 | €8,836 | ▼ 70.4% |
| Remuneration and social security454/9 | - | €1,827 | - | €12,881 | €19,548 | ▲ 51.8% |
| Other amounts payable47/48 | - | €31,490 | €32,308 | €37,316 | €137,957 | ▲ 270% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,816 | €118,263 | €58,526 | €103,930 | -€178,722 | ▼ 272% |
| + Depreciation and write-downs630 | €3,567 | €6,624 | €7,837 | €6,340 | €5,971 | ▼ 5.8% |
| Operating cash flow (approximation) | €32,383 | €124,887 | €66,363 | €110,270 | -€172,751 | ▼ 257% |
| Investment in fixed assets (approximation) | - | -€24,250 | -€5,213 | -€7,875 | €0 | ▲ 100% |
| Change in cash | - | -€28,233 | €49,214 | €10,934 | -€7,281 | ▼ 167% |
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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€178,722
Net result drops to -€178,722, the lowest in the series.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200,000Eq €253,439 ▲30%
3 profitable years in a row build equity to €253,439.
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €118,263 ▲310%
Operating result €170,391, net result €118,263, both a record.
30-06
Financial
Equity above €150,000Eq €194,913 ▲154%
2 profitable years in a row build equity to €194,913.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €28,816
Net result €28,816 after 2 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Nivelles · 1 establishment unit since 2017
Ground area
4,842 m²
Building footprint
2,423 m²
Volume, LiDAR
14,623 m³
Parcel 25782C0642/00C000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
OH Concept
since 20172.264.329.495
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0642/00C000 | Wallonia | 4,842 m² | 1 · 2,423 m² | 9.6 m · 2 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
Legal Entity Identifier
9676005UVTL1CEKBJT25
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,413 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
Founded18-05-2017
Fiscal year end30-06
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46190Agents in non-specialised wholesale trade
46425Wholesale trade
Contact
Website
www.oh-concept.be
E-mail
olivier.huel@oh-concept.be
E-mail
huel.olivier68@gmail.comNivelles
Phone
0479/414687Nivelles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675819091
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.