RICK Concept
ActiveSummary
The computed 12-month bankruptcy probability of RICK Concept is 1.6% (moderate). The 2025 annual accounts show negative equity (-€7,457) and a net result of €2,608. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7598 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth42=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7598 sector peers (2025).
NBB · sector comparisonPosition among 7598 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
38 d early
2023
41 d early
2022
34 d early
2021
30 d early
2020
31 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€156,888▲ 8.5%
2021 · €144,540
EBIT margin
1.1%▲ 10.1pp
2021 · -9.0%
Net result
€2,608
2024 · -€11,291
Working capital
-€7,457▲ 25.5%
2024 · -€10,008
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€144,540€156,888▲ 8.5%
Operating result-€13,036€1,687€8,583▲ 409%-€11,090€2,695
Net result-€13,114below the sector's middle half▼ 9,988%€1,647within the sector's middle half€8,389within the sector's middle half▲ 409%-€11,291below the sector's middle half€2,608within the sector's middle half
EBIT margin-9.0%1.1%▲ 10.1pp
Equity-€8,810below the sector's middle half-€7,163below the sector's middle half▲ 18.7%€1,226below the sector's middle half-€10,065below the sector's middle half-€7,457below the sector's middle half▲ 25.9%
Total assets€33,713below the sector's middle half▲ 22.8%€39,324below the sector's middle half▲ 16.6%€21,093below the sector's middle half▼ 46.4%€8,882below the sector's middle half▼ 57.9%€753below the sector's middle half▼ 91.5%
Debt€42,523▲ 83.7%€46,487▲ 9.3%€19,867▼ 57.3%€18,947▼ 4.6%€8,210▼ 56.7%
Working capital-€20,532below the sector's middle half▼ 62.7%-€11,958below the sector's middle half▲ 41.8%-€132below the sector's middle half▲ 98.9%-€10,008below the sector's middle half▼ 7,482%-€7,457below the sector's middle half▲ 25.5%
Solvency-26.1%below the sector's middle half▼ 41.8pp-18.2%below the sector's middle half▲ 7.9pp5.8%below the sector's middle half▲ 24.0pp-113.3%below the sector's middle half▼ 119.1pp
Current ratio0.51below the sector's middle half▲ 0.170.74below the sector's middle half▲ 0.230.99below the sector's middle half▲ 0.250.47below the sector's middle half▼ 0.52
Return on assets (ROA)-38.9%below the sector's middle half▼ 38.4pp4.2%within the sector's middle half▲ 43.1pp39.8%above the sector's middle half▲ 35.6pp-127.1%below the sector's middle half▼ 166.9pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,695 after a loss of €11,090 in 2024.
Key figures and ratios
Debt ≤ 1 year
€8,210▼
2024 · €18,890
Income taxes
-€9▼
2024 · €9
Ratios withheld: a balance sheet total of €753 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €144,540 | €156,888 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €152,150 | €154,015 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,377 | €9,467 | €2,551 | €466 | - | - |
| Other operating charges640/8 | €695 | €645 | €682 | €824 | €446 | ▼ 45.9% |
| Gross operating margin9900 | -€2,964 | €11,799 | €11,816 | -€9,800 | €3,140 | ▲ 132% |
| Operating profit (loss)9901 | -€13,036 | €1,687 | €8,583 | -€11,090 | €2,695 | ▲ 124% |
| Financial income75/76B | €293 | €265 | €23 | €74 | €50 | ▼ 32.6% |
| Recurring financial income75 | €293 | €265 | €23 | €74 | €50 | ▼ 32.6% |
| Financial charges65/66B | €371 | €305 | €217 | €266 | €146 | ▼ 45.1% |
| Recurring financial charges65 | €371 | €305 | €217 | €266 | €146 | ▼ 45.1% |
| Profit (loss) for the period before taxes9903 | -€13,114 | €1,647 | €8,389 | -€11,282 | €2,599 | ▲ 123% |
| Income taxes67/77 | - | - | - | €9 | -€9 | ▼ 200% |
| Profit (loss) for the period9904 | -€13,114 | €1,647 | €8,389 | -€11,291 | €2,608 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | -€13,114 | €1,647 | €8,389 | -€11,291 | €2,608 | ▲ 123% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,713 | €39,324 | €21,093 | €8,882 | €753 | ▼ 91.5% |
| Fixed assets21/28 | €12,297 | €4,795 | €1,358 | - | - | - |
| Tangible fixed assets22/27 | €12,297 | €4,795 | €1,358 | - | - | - |
| Furniture and vehicles24 | €12,297 | €4,795 | €1,358 | - | - | - |
| Current assets29/58 | €21,416 | €34,529 | €19,735 | €8,882 | €753 | ▼ 91.5% |
| Amounts receivable within one year40/41 | €19,807 | €23,624 | €1,707 | €627 | €703 | ▲ 12.1% |
| Trade receivables40 | €16,132 | €23,487 | €1,327 | €423 | - | - |
| Other amounts receivable41 | €3,675 | €137 | €380 | €204 | €703 | ▲ 244% |
| Cash at bank and in hand54/58 | €1,609 | €10,820 | €17,828 | €7,512 | €51 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | - | €85 | €200 | €743 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,713 | €39,324 | €21,093 | €8,882 | €753 | ▼ 91.5% |
| Equity10/15 | -€8,810 | -€7,163 | €1,226 | -€10,065 | -€7,457 | ▲ 25.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€16,870 | -€15,223 | -€6,834 | -€18,125 | -€15,517 | ▲ 14.4% |
| Amounts payable17/49 | €42,523 | €46,487 | €19,867 | €18,947 | €8,210 | ▼ 56.7% |
| Amounts payable after more than one year17 | €575 | - | - | - | - | - |
| Financial debts170/4 | €575 | - | - | - | - | - |
| Amounts payable within one year42/48 | €41,948 | €46,487 | €19,867 | €18,890 | €8,210 | ▼ 56.5% |
| Current portion of amounts payable after more than one year42 | €3,405 | €576 | - | - | - | - |
| Trade debts44 | €14,568 | €18,702 | €357 | €648 | €1,690 | ▲ 161% |
| Suppliers440/4 | €14,568 | €18,702 | €357 | €648 | €1,690 | ▲ 161% |
| Taxes, remuneration and social security45 | €300 | €592 | - | - | - | - |
| Taxes450/3 | €300 | €592 | - | - | - | - |
| Other amounts payable47/48 | €23,675 | €26,617 | €19,510 | €18,242 | €6,520 | ▼ 64.3% |
| Accrued charges and deferred income492/3 | - | - | - | €57 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,114 | €1,647 | €8,389 | -€11,291 | €2,608 | ▲ 123% |
| + Depreciation and write-downs630 | €9,377 | €9,467 | €2,551 | €466 | - | - |
| Operating cash flow (approximation) | -€3,737 | €11,114 | €10,940 | -€10,825 | €2,608 | ▲ 124% |
| Investment in fixed assets (approximation) | - | -€1,965 | €886 | - | - | - |
| Change in cash | - | €9,211 | €7,008 | -€10,316 | -€7,461 | ▲ 27.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €2,608
Net result €2,608 after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €8,389 ▲409%
Operating result €8,583, net result €8,389, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,647
Net result €1,647 after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€13,114
Net result drops to -€13,114, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Lasne · 1 establishment unit since 2013
Ground area
3,112 m²
Building footprint
242 m²
Volume, LiDAR
1,481 m³
2 parcels, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MT Concept
since 20132.223.383.124
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0217/00L000 | Wallonia | 2,795 m² | 1 · 156 m² | 7.6 m · 2 fl. |
| 25068B0423/00X000 | Wallonia | 317 m² | 1 · 86 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 2,230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537771562
Also
9925:BE0537771562
Registered
05-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.