RZ CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of RZ CONCEPT is 1.9% (moderate). The 2024 annual accounts show negative equity (€-54k) and a net result of €-7k. Equity is shrinking by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 26043 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
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.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-54k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
61 d late
2022
18 d early
2021
53 d late
2020
51 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-54k▼ 15.9%
2023 · €-47k
2018: €-22k
2019: €-20k
2020: €-17k
2021: €-39k
2022: €-38k
2023: €-47k
2018 → 2024
Total assets
€3k▼ 86.7%
2023 · €20k
2018: €744
2019: €24k
2020: €27k
2021: €9k
2022: €18k
2023: €20k
2018 → 2024
Net result
€-7k▲ 10.2%
2023 · €-8k
2018: €-11k
2019: €2k
2020: €3k
2021: €-22k
2022: €204
2023: €-8k
2018 → 2024
Working capital
€-54k▼ 16.8%
2023 · €-47k
2018: €-22k
2019: €-35k
2020: €-26k
2021: €-40k
2022: €-38k
2023: €-47k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-17k-€-39k▼ 126%€-38k▲ 0.5%€-47k▼ 21.5%€-54k▼ 15.9%
Operating result€3k-€-21k€405€-8k€-7k▲ 10.9%
Net result€3k-€-22k€204€-8k€-7k▲ 10.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
Assets €3k
Fixed assets
€418
Current assets
€2k
Key figures and ratios
EBITDA
€-7k▲
2023 · €-8k
Cash flow
€-7k▲
2023 · €-8k
Interest coverage
-22.01▲
2023 · -27.78
Debt
€57k▼
2023 · €67k
Debt ≤ 1 year
€57k▼
2023 · €67k
Ratios withheld: a balance sheet total of €3k 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.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€20k€3k▼
Fixed assets21/28-€418
Tangible fixed assets22/27-€418
Furniture and vehicles24-€418
Current assets29/58€20k€2k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€18k€567▼
Trade receivables40€18k€550▼
Other amounts receivable41-€17
Cash at bank and in hand54/58€285€235▼
Deferred charges and accrued income490/1€656€45▼
Equity and liabilities
Total equity and liabilities10/49€20k€3k▼
Equity10/15€-47k€-54k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-67k€-75k▼
Amounts payable17/49€67k€57k▼
Amounts payable within one year42/48€67k€57k▼
Trade debts44€20k€22k▲
Suppliers440/4€20k€22k▲
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€42k€34k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20€191▲
Other operating charges640/8€6k€330▼
Gross operating margin9900€-1k€-7k▼
Operating profit (loss)9901€-8k€-7k▲
Financial charges65/66B€286€314▲
Recurring financial charges65€286€314▲
Profit (loss) for the period before taxes9903€-8k€-7k▲
Profit (loss) for the period9904€-8k€-7k▲
Profit (loss) for the period to be appropriated9905€-8k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€-75k▼
Profit (loss) brought forward from the previous period14P€-59k€-67k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €204
Net result €204 after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
31-12
Financial
Weakest financial yearnet €-22k ▼922%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial
Highest result since 2018net €3k ▲19%
Operating result €3k, net result €3k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 69 days late
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 136 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 188 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Affligem · 1 establishment unit since 2007
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.
Begonialaan 401790 AffligemGround area
431 m²
Building footprint
132 m²
Volume, LiDAR
692 m³
Parcel 23085A0536/00G002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Begonialaan 40, 1790 Affligem
since 20072.159.139.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23085A0536/00G002 | Flanders | 431 m² | 1 · 132 m² | 8.0 m · 2 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.
Similar companies · same sector and region
AUTOCENTER ASSE
BE 0438.476.226
Affligem
BD-BUILD & INVEST
BE 0794.721.889
Affligem
BORSON
BE 0459.988.648
Affligem
CMSOFT.EU
BE 0427.309.150
Affligem
HAECK MENCEDEZ CONSULT
BE 1006.309.375
Affligem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
41001General construction of residential buildings
43990Other specialised construction activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.