Equity
€285,488 ▲ 3.5%
Q - CONCEPT has made a profit without a break since 2019.
Q - CONCEPT
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €389,404 (2017)
€174,019▼ 49.6%
lowest -€98,912 (2018)
€9,721▼ 80.9%
peak €285,488 (2025)
€285,488▲ 3.5%
€217,130▼ 59.8%
peak 4 FTE (2013)
-not published
Board1 name since 2020
1 directorVERBEKE Herman
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Gross margin from €345,201 to €174,019Result from €50,894 to €9,721Debts from €539,563 to €217,130Cash from €209,156 to €18,700
Key points
from the 2025 annual accountsFilings
27 annual accounts since 1999
Eight of the last ten came late. The 2020 accounts came latest: 510 days after the end of the period.
Position in the sector
€285,488
More equity than 85% of companies in wholesale trade. Sector median €56,491 · 13,830 companies.
Checked score
70
Healthy
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.2%▲ +0.2 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.7%▲ +0.5 percentage points vs 07-2025
09-2025: 2.1%▲ +0.4 percentage points vs 08-2025highest value
10-2025: 0.5%▼ -1.6 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.3 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 52 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.81, cash €18,700, halved
Profit of €9,721 (financial year 2025)
lowers risk
Founded in 1998
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 63% of them on solvency, 39% on liquidity, 40% on profitability and 52% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as Q - CONCEPT has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Q - CONCEPT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for Q - CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (1.31 in 2024), above the usual 1.5. Short-term debt is 31.1% and cash 3.7% of total assets. 43.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
52 days late
2024
56 days late
2023
37 days early
2022
101 days late
2021
145 days late
2020
510 days late
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 116 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 September (4 of the last 5 accounts filed within 89 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463158469
Change of role: VERBEKE Herman, from director, formerly manager to director
“nieuw voorwerp in nieuwe statuten” (deed in Dutch) · Director discharge: VERBEKE Herman · Gazette deed
Registered office moved from Brussels to Merchtem
New registered office: Bleukenweg 108 te 1785 Merchtem · Previous registered office: Atomiumsquare 1/50 Niveau B-92, 1020 Brussel · General meeting of 11-01-2024 · Gazette deed
End & cessation
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Q - CONCEPT Merchtem | €502,618 | €174,019 | 56.8% | - |
| JOHN OOMS AGENTUREN Grimbergen | €627,531 | €132,395 | 7.0% | - |
| DE COCK FASHION Meise | €606,534 | €113,826 | 6.1% | - |
| DENIS POTIER Wezembeek-Oppem | €461,874 | €204,208 | 56.6% | - |
| BOETIEK FRANCOISE Lier | €601,182 | €158,221 | 43.6% | 2.3 |
| DELFAN Moorslede | €404,417 | €126,342 | 7.7% | 2.8 |
| GTL TRANSPORT Dendermonde | €452,854 | €135,630 | 91.7% | - |
These companies have the same main activity as Q - CONCEPT: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €404,000 and €628,000, founded between 1992 and 2004.
Official details
Source: KBO- Status
- Active since 10-04-1998Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.086.949.1591020 Brussels, since 29-05-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- ≈ €660,000estimated
- €502,618▼ 38.4%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 21-09-2026
Insights on Q - CONCEPT
Q - CONCEPT files the micro format. That format states no turnover. The gross margin rose from €54,383 in 2006 to €174,019 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Q - CONCEPT
- What is the company number of Q - CONCEPT?
- The company number of Q - CONCEPT is 0463.158.469. The VAT number is the same number with BE in front: BE 0463.158.469.
- Where is Q - CONCEPT based?
- The registered office is at Bleukenweg 108, 1785 Merchtem.Company details
- What does Q - CONCEPT do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of Q - CONCEPT?
- Q - CONCEPT is a private limited company (BV).
- When was Q - CONCEPT founded?
- Q - CONCEPT was founded on 10-04-1998.
- Is Q - CONCEPT still active?
- Yes, Q - CONCEPT is an active enterprise in the KBO register.
- How many employees does Q - CONCEPT have?
- Q - CONCEPT had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Q - CONCEPT fall under?
- In its 2025 annual accounts, Q - CONCEPT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Q - CONCEPT?
- The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €174,019 and 31 comparable companies (NACE 461). It probably lies between €310,000 and €1.6m.
- Is Q - CONCEPT profitable?
- In financial year 2025, Q - CONCEPT made a profit of €9,721.
- Where can I find the annual accounts of Q - CONCEPT?
- Q - CONCEPT filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Q - CONCEPT due?
- Q - CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.