Princen Concepts
ActivePrincen Concepts has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €46k. Its solvency ranks better than 42% of 11612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency72▼-4
Growth78
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.2 in 2023; short-term debt: 30.6% and cash: 19.6% of total assets), but 53.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▲ 184%
2023 · €25k
2023: €25k
2023 → 2024
Total assets
€151k▲ 214%
2023 · €48k
2023: €48k
2023 → 2024
Net result
€46k▲ 131%
2023 · €20k
2023: €20k
2023 → 2024
Working capital
€37k▲ 702%
2023 · €5k
2023: €5k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€25k-€70k▲ 184%
Operating result€30k-€60k▲ 102%
Net result€20k-€46k▲ 131%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 102% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151k
Fixed assets
€68k▲ 228%
Current assets
€83k▲ 203%
Equity and liabilities €151k
Equity
€70k▲ 184%
Debt
€81k▲ 245%
The debt ratio rises from 48.7% to 53.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2023 · €32k
Cash flow
€59k▲
2023 · €22k
Solvency
46.5%▼
2023 · 51.3%
Current ratio
1.79▲
2023 · 1.20
Quick ratio
1.79▲
2023 · 1.20
Debt / equity
1.15▲
2023 · 0.95
ROE
64.8%▼
2023 · 79.7%
ROA
30.2%▼
2023 · 40.9%
Interest coverage
38.89▲
2023 · 18.15
Debt
€81k▲
2023 · €23k
Debt ≤ 1 year
€46k▲
2023 · €23k
Debt > 1 year
€34k
Income taxes
€13k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€48k€151k▲
Fixed assets21/28€21k€68k▲
Tangible fixed assets22/27€19k€67k▲
Land and buildings22€16k€13k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k€52k▲
Financial fixed assets28€1k€1k=
Current assets29/58€27k€83k▲
Amounts receivable within one year40/41€24k€46k▲
Trade receivables40€20k€46k▲
Other amounts receivable41€4k€205▼
Cash at bank and in hand54/58€1k€30k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€48k€151k▲
Equity10/15€25k€70k▲
Contributions10/11€5k€5k=
Reserves13€20k€65k▲
Distributable reserves133€20k€65k▲
Amounts payable17/49€23k€81k▲
Amounts payable after more than one year17-€34k
Financial debts170/4-€34k
Amounts payable within one year42/48€23k€46k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€12k▲
Other amounts payable47/48€6k€24k▲
Accrued charges and deferred income492/3€625€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€13k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€33k€75k▲
Operating profit (loss)9901€30k€60k▲
Financial income75/76B€0€181▲
Recurring financial income75€0€181▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€28k€59k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€20k€46k▲
Profit (loss) for the period to be appropriated9905€20k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€46k▲
Transfer to equity691/2€20k€46k▲
To other reserves6921€20k€46k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Antwerpen · 1 establishment unit since 2023
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.
Lange Leemstraat 632018 AntwerpenGround area
257 m²
Building footprint
151 m²
Volume, LiDAR
1,848 m³
Parcel 11806F1467/00P004, Flanders · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Princen Concepts
since 20232.341.928.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1467/00P004 | Flanders | 257 m² | 1 · 150 m² | 20.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2024 · 1 entry · 4,248 EUR awarded · 4,248 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 4,248 EUR | 4,248 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 5,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2023
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.