OK CONCEPT
InactiveOK CONCEPT was declared bankrupt on 06-09-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 04-02-2025, published in the Belgian State Gazette on 11-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 21-08-2021, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
21 d late
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€2k▼ 71.9%
2019 · €5k
2018: €-8k
2019: €5k
2018 → 2020
Total assets
€13k▼ 59.8%
2019 · €32k
2018: €20k
2019: €32k
2018 → 2020
Net result
€-4k
2019 · €13k
2018: €11k
2019: €13k
2018 → 2020
Working capital
€-49
2019 · €3k
2018: €-8k
2019: €3k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-8k-€5k€2k▼ 71.9%
Operating result€11k-€14k▲ 24.6%€-4k
Net result€11k-€13k▲ 26.3%€-4k
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 2020: a loss of €4k after €14k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €13k
Fixed assets
€2k ▼ 25.0%
Current assets
€11k ▼ 62.3%
Equity and liabilities €13k
Equity
€2k ▼ 71.9%
Debt
€11k ▼ 57.4%
Debt's share of the balance-sheet total rises from 82.9% to 88.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2019 · €14k
Cash flow
€-3k▼
2019 · €14k
Current ratio
1.00▼
2019 · 1.13
Quick ratio
0.13▼
2019 · 0.38
ROE
-255.4%▼
2019 · 247.5%
ROA
-30.6%▼
2019 · 42.3%
Debt ≤ 1 year
€11k▼
2019 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€32k€13k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Current assets29/58€30k€11k▼
Stocks and contracts in progress3€20k€10k▼
Amounts receivable within one year40/41€57-
Cash at bank and in hand54/58€10k€1k▼
Equity and liabilities
Total equity and liabilities10/49€32k€13k▼
Equity10/15€5k€2k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-774€-5k▼
Amounts payable17/49€26k€11k▼
Amounts payable within one year42/48€26k€11k▼
Trade debts44€4k€3k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525€525=
Gross operating margin9900€15k€-3k▼
Operating profit (loss)9901€14k€-4k▼
Recurring financial income75€9€1▼
Recurring financial charges65€283€387▲
Profit (loss) for the period before taxes9903€13k€-4k▼
Profit (loss) for the period9904€13k€-4k▼
Profit (loss) for the period to be appropriated9905€13k€-4k▼
Timeline · acts, filings and financial milestones
2025
11-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · OK CONCEPT JAN BAPTIST DE KEYZERSTRAAT 30, 1970 WEZEMBEEK-OPPEM · event 04-02-2025
2022
12-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · OK CONCEPT JAN BAPTIST DE KEYZERSTRAAT 30, 1970 WEZEMBEEK-OPPEM · event 06-09-2022
2021
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼129%
Net result drops to €-4k, the lowest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
31-12
Financial
Highest result since 2018net €13k ▲26.3%
Operating result €14k, net result €13k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
14-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
21-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BERT DEHANDSCHUTTER KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
06-09-2022 → 04-02-2025 |