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R2 CONCEPT

Active Private limited companyfounded 2010active for 16 yearsLeuvensesteenweg 398, 3070 KortenbergKBO/BCE: BE 0830.110.657

Lifetime

14 annual accounts with figures on one time axis
peak €51,144 (2016)
-€17,084▼ €27,293
lowest -€22,927 (2024)
-€22,927▼ €27,488
peak €76,897 (2023)
€53,971▼ 29.8%
€140,284▲ 435%
Board2 names since 2022
1 director
Documentsfilings and deeds
31-07-2025on the last day
2024micro format
Gross margin from €10,209 to -€17,084Loss of €22,927Registered office moved from Schaerbeek to Kortenberg 11-01Equity from €76,897 to €53,971Debts from €26,225 to €140,284Investments €8,840

Key points

from the 2024 annual accounts

Debts

€140,284 72% of the balance sheet
Suppliers 96%Taxes and wages 1%Other 3%

Investments

€8,840 2.9 × depreciation
202220232024

Green is investment, beige is depreciation.

Filings

14 annual accounts 105 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,294 companies had the same profile as R2 CONCEPT has now. Each dot stands for 4 companies, two years later.

89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,294 companies, not a prediction for R2 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0830110657
Registered office moved from Schaerbeek to Kortenberg New registered office: Leuvensesteenweg 398, 3070 Kortenberg · Previous registered office: Gustave Latinislaan 130, 1030 Schaarbeek · Resignation: (director) · General meeting of 02-10-2023 · Gazette deed
Resignation: (manager) General meeting of 31-12-2022 · Gazette deed
Registered office moved within Brussels New registered office: Avenue Gustave Latinis, 130 à 1030 Bruxelles · Previous registered office: Avenue des Casernes 74, 1040 Bruxelles · General meeting of 01-05-2016 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
R2 CONCEPT Kortenberg €194,254 -€17,084 27.8% -
RecyTrans Staden €226,248 -€232 9.0% -
ADPACON Bocholt €127,804 -€23,146 97.7% -
Le Maro Arendonk €112,568 -€21,240 27.4% -
ROUTE 29 Zwevegem €154,325 -€21,641 -46.0% -
Tyres in Stock Belgium Mechelen €387,898 -€78,689 35.8% 0
VIBOCAR Maarkedal €140,832 -€38,333 2.4% -

These companies have the same main activity as R2 CONCEPT: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €113,000 and €388,000, founded between 2002 and 2012.

Official details

Source: KBO
Status
Active since 05-10-2010Normal situation
Activity
Wholesale of motor vehicle parts and accessoriesNACE 46720and 5 others
Establishment unit
2.194.908.0803070 Kortenberg, since 05-10-2010
Financial year end
31 December
Peppol
Reachable since 23-09-2026
Company details

Annual accounts 2024

€194,254▲ 88.4%
Filing
Filed on 31-07-2025
Financials

Insights on R2 CONCEPT

R2 CONCEPT files the micro format. That format states no turnover. The gross margin fell from €14,641 in 2011 to -€17,084 in 2024.

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 R2 CONCEPT

What is the company number of R2 CONCEPT?
The company number of R2 CONCEPT is 0830.110.657. The VAT number is the same number with BE in front: BE 0830.110.657.
Where is R2 CONCEPT based?
The registered office is at Leuvensesteenweg 398, 3070 Kortenberg.Company details
What does R2 CONCEPT do?
According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of R2 CONCEPT?
R2 CONCEPT is a private limited company (BV).
When was R2 CONCEPT founded?
R2 CONCEPT was founded on 05-10-2010.
Is R2 CONCEPT still active?
Yes, R2 CONCEPT is an active enterprise in the KBO register.
What is the turnover of R2 CONCEPT?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is R2 CONCEPT profitable?
In financial year 2024, R2 CONCEPT made a loss of €22,927.
Where can I find the annual accounts of R2 CONCEPT?
R2 CONCEPT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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