S & D CONCEPTS
InactiveS & D CONCEPTS was declared bankrupt on 19-12-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 10-09-2024, published in the Belgian State Gazette on 18-09-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-07-2023, 19 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
19 d early
2021
30 d late
2020
2 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-129k▼ 9.0%
2021 · €-119k
2018: €5k
2019: €12k
2020: €-64k
2021: €-119k
2018 → 2022
Total assets
€83k▼ 19.9%
2021 · €104k
2018: €1.62M
2019: €1.41M
2020: €372k
2021: €104k
2018 → 2022
Net result
€-11k▲ 80.5%
2021 · €-55k
2018: €1k
2019: €7k
2020: €-76k
2021: €-55k
2018 → 2022
Working capital
€-117k▼ 21.4%
2021 · €-97k
2018: €34k
2019: €23k
2020: €8k
2021: €-97k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€5k-€12k▲ 129%€-64k€-119k▼ 86.3%€-129k▼ 9.0%
Operating result€41k-€39k▼ 5.2%€-65k€-44k▲ 32.8%€-4k▲ 90.6%
Net result€1k-€7k▲ 446%€-76k€-55k▲ 27.8%€-11k▲ 80.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2022 against €44k in 2021; the loss shrinks.
Key figures and ratios
Solvency
-155.3%▼
2021 · -114.0%
Current ratio
0.42▼
2021 · 0.52
Quick ratio
0.42▼
2021 · 0.52
Debt / equity
-1.55▲
2021 · -1.69
ROA
-12.9%▲
2021 · -52.8%
Debt
€201k=
2021 · €201k
Debt ≤ 1 year
€201k=
2021 · €201k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€104k€83k▼
Current assets29/58€104k€83k▼
Amounts receivable within one year40/41€69k€69k=
Trade receivables40€69k€69k=
Cash at bank and in hand54/58€35k€14k▼
Equity and liabilities
Total equity and liabilities10/49€104k€83k▼
Equity10/15€-119k€-129k▼
Contributions10/11€21k€21k=
Reserves13€517€517=
Non-distributable reserves130/1€371€371=
Reserves not available under the articles1311€371€371=
Tax-exempt reserves132€146€146=
Profit (loss) carried forward14€-140k€-151k▼
Provisions and deferred taxes16€22k€12k▼
Deferred taxes168€22k€12k▼
Amounts payable17/49€201k€201k=
Amounts payable within one year42/48€201k€201k=
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€26k€28k▲
Suppliers440/4€26k€28k▲
Taxes, remuneration and social security45€50k€52k▲
Taxes450/3€50k€52k▲
Other amounts payable47/48€122k€121k▼
Income statement
Code20212022
Remuneration, social security and pensions62€-69-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-50k€-10k▲
Other operating charges640/8€108k-
Gross operating margin9900€14k€-14k▼
Operating profit (loss)9901€-44k€-4k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€-45k€-11k▲
Income taxes67/77€10k-
Profit (loss) for the period9904€-55k€-11k▲
Profit (loss) for the period to be appropriated9905€-55k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-140k€-151k▼
Profit (loss) brought forward from the previous period14P€-85k€-140k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
18-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · S&D CONCEPTS BV KEIZER KARELLAAN 586/9, 1082 SINT-AGATHA-BERCHEM · event 10-09-2024
2023
27-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · S&D CONCEPTS BV KEIZER KARELLAAN 586/9, 1082 SINT-AGATHA-BERCHEM · event 19-12-2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-76k ▼1188%
Net result drops to €-76k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲446%
Net result €7k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
19-12-2023 → present |