PET CONCEPT
ActiveSummary
PET CONCEPT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.42M and a net result of €625k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency85▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 3.01 in 2024; short-term debt: 28.2% and cash: 6.7% of total assets), and 40.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
59.6%
Return on assets
15.4%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
1 d early
2023
42 d early
2022
15 d early
2021
38 d early
2020
48 d early
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.42M▲ 22.1%
2024 · €1.98M
2019: €776k
2020: €963k
2021: €1.63M
2022: €1.74M
2023: €1.85M
2024: €1.98M
2019 → 2025
Total assets
€4.06M▲ 25.8%
2024 · €3.23M
2019: €1.48M
2020: €1.98M
2021: €2.43M
2022: €2.57M
2023: €2.86M
2024: €3.23M
2019 → 2025
Net result
€625k▲ 56.4%
2024 · €399k
2019: €266k
2020: €187k
2021: €670k
2022: €103k
2023: €370k
2024: €399k
2019 → 2025
Working capital
€2.77M▲ 35.1%
2024 · €2.05M
2019: €981k
2020: €1.18M
2021: €1.81M
2022: €1.81M
2023: €1.97M
2024: €2.05M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.63M-€1.74M▲ 6.3%€1.85M▲ 6.5%€1.98M▲ 7.2%€2.42M▲ 22.1%
Operating result€848k-€109k▼ 87.1%€463k▲ 325%€509k▲ 9.8%€841k▲ 65.1%
Net result€670k-€103k▼ 84.7%€370k▲ 261%€399k▲ 7.8%€625k▲ 56.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.06M
Fixed assets
€146k ▼ 6.1%
Current assets
€3.92M ▲ 27.4%
Equity and liabilities €4.06M
Equity
€2.42M ▲ 22.1%
Debt
€1.64M ▲ 31.7%
Debt's share of the balance-sheet total rises from 38.6% to 40.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€868k▲
2024 · €528k
Cash flow
€652k▲
2024 · €418k
Current ratio
3.42▲
2024 · 3.01
Quick ratio
3.11▲
2024 · 2.89
Debt to equity
0.68▲
2024 · 0.63
ROE
25.8%▲
2024 · 20.1%
ROA
15.4%▲
2024 · 12.4%
Interest coverage
141.45▲
2024 · 17.66
Debt ≤ 1 year
€1.14M▲
2024 · €1.02M
Income taxes
€259k▲
2024 · €139k
Staff costs
€117k▼
2024 · €202k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.23M€4.06M▲
Fixed assets21/28€155k€146k▼
Tangible fixed assets22/27€155k€146k▼
Plant, machinery and equipment23€15k€21k▲
Furniture and vehicles24€41k€32k▼
Other tangible fixed assets26€100k€93k▼
Current assets29/58€3.07M€3.92M▲
Amounts receivable after more than one year29€550k€155k▼
Other amounts receivable291€550k€155k▼
Stocks and contracts in progress3€124k€355k▲
Stocks30/36€124k€355k▲
Amounts receivable within one year40/41€1.71M€1.73M▲
Trade receivables40€1.64M€1.73M▲
Other amounts receivable41€69k€0▼
Current investments50/53€0€1.40M▲
Cash at bank and in hand54/58€691k€270k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.23M€4.06M▲
Equity10/15€1.98M€2.42M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€193k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€187k€0▼
Profit (loss) carried forward14€1.73M€2.35M▲
Amounts payable17/49€1.25M€1.64M▲
Amounts payable within one year42/48€1.02M€1.14M▲
Trade debts44€692k€402k▼
Suppliers440/4€692k€402k▼
Taxes, remuneration and social security45€77k€330k▲
Taxes450/3€62k€315k▲
Remuneration and social security454/9€15k€15k▲
Other amounts payable47/48€253k€412k▲
Accrued charges and deferred income492/3€224k€497k▲
Income statement
Code20242025
Non-recurring operating income76A€20k€15k▼
Remuneration, social security and pensions62€202k€117k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€27k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€40k
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€733k€1.03M▲
Operating profit (loss)9901€509k€841k▲
Financial income75/76B€60k€49k▼
Recurring financial income75€60k€49k▼
Financial charges65/66B€30k€6k▼
Recurring financial charges65€30k€6k▼
Profit (loss) for the period before taxes9903€539k€884k▲
Income taxes67/77€139k€259k▲
Profit (loss) for the period9904€399k€625k▲
Profit (loss) for the period to be appropriated9905€399k€625k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.73M€2.35M▲
Profit (loss) brought forward from the previous period14P€1.33M€1.73M▲
Transfer from equity791/2€266k€187k▼
Profit to be distributed694/7€266k€187k▼
Return on contributions (dividend)694€266k€187k▼
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Equity above €2MEq €2.42M ▲22.1%
7 profitable years in a row build equity to €2.42M.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €103k ▼84.7%
Net result drops to €103k, the lowest in the series; recovery starts the following year.
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €670k ▲259%
Operating result €848k, net result €670k, both a record.
30-06
Financial
Equity above €1MEq €1.63M ▲69.6%
3 profitable years in a row build equity to €1.63M.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Herentals · 1 establishment unit since 1996
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.
Bosdreef(HRT) 92200 HerentalsGround area
3,308 m²
Building footprint
457 m²
Volume, LiDAR
2,473 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PET-CONCEPT
since 19962.079.297.839
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011A0252/00W002 | Flanders | 1,670 m² | 1 · 216 m² | 8.7 m · 2 fl. |
| 13011A0252/00G003 | Flanders | 1,638 m² | 1 · 241 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 20,891 EUR awarded · 21,184 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,125 EUR | 4,125 EUR |
| 2024 | 2 | 13,016 EUR | 13,231 EUR |
| 2023 | 2 | 3,750 EUR | 3,828 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerentals2.079.297.839
Legal Entity Identifier
5493001N7OMHO2EZ2479
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-11-1996
Fiscal year end30-06
Activities, NACEBEL 2025
46382Wholesale trade
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.