Skippy Concept
ActiveSummary
The computed 12-month bankruptcy probability of Skippy Concept is 3.6% (moderate). The 2025 annual accounts show equity of €6,361 and a net result of €40,671. Equity is growing by ~75.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 7586 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency34▲+34
Growth52▲+30
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.1 against 0.52 in 2024; short-term debt: 90.6% and cash: 1.6% of total assets), and 90.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.4%
Return on assets
60.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7586 sector peers (2025).
NBB · sector comparisonPosition among 7586 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 3 filingsDeviation from the deadline
2025
29 d late
2024
145 d late
2023
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 64 days after 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 29 August (3 of the last 3 filed years within 116 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€101,248▲ 29.2%
2024 · €78,352
EBIT margin
45.1%▲ 78.2pp
2024 · -33.2%
Net result
€40,671
2024 · -€26,109
Working capital
€6,075
2024 · -€32,819
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
Line202320242025
Turnover€150,216-€78,352▼ 47.8%€101,248▲ 29.2%
Operating result€27,828--€25,998€45,629
Net result€25,505above the sector's middle half--€26,109below the sector's middle half€40,671above the sector's middle half
EBIT margin18.5%--33.2%▼ 51.7pp45.1%▲ 78.2pp
Equity-€3,201below the sector's middle half--€29,310below the sector's middle half▼ 816%€6,361below the sector's middle half
Total assets€35,652below the sector's middle half-€38,398below the sector's middle half▲ 7.7%€67,602within the sector's middle half▲ 76.1%
Debt€38,853-€67,709▲ 74.3%€61,240▼ 9.6%
Working capital-€3,201below the sector's middle half--€32,819below the sector's middle half▼ 925%€6,075within the sector's middle half
Solvency-9.0%below the sector's middle half--76.3%below the sector's middle half▼ 67.4pp9.4%below the sector's middle half▲ 85.7pp
Current ratio0.92below the sector's middle half-0.52below the sector's middle half▼ 0.401.10within the sector's middle half▲ 0.58
Return on assets (ROA)71.5%above the sector's middle half--68.0%below the sector's middle half▼ 139.5pp60.2%above the sector's middle half▲ 128.2pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €45,629 after a loss of €25,998 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67,602
Fixed assets
€286 ▼ 91.9%
Current assets
€67,316 ▲ 92.9%
Equity and liabilities €67,602
Equity
€6,361
Debt
€61,240
Debt finances 90.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€45,874▲
2024 · -€25,369
Cash flow
€40,916▲
2024 · -€25,479
Debt to equity
9.63▲
2024 · -2.31
ROE
639.4%
Interest coverage
990.38▲
2024 · -229.33
Debt ≤ 1 year
€61,240▼
2024 · €67,709
Income taxes
€4,912
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,155 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €150,216 | €78,352 | €101,248 | ▲ 29.2% |
| Goods, raw materials, services and sundry goods60/61 | €120,654 | €101,633 | €51,649 | ▼ 49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,034 | €630 | €245 | ▼ 61.1% |
| Other operating charges640/8 | €700 | €2,088 | €1,247 | ▼ 40.3% |
| Non-recurring operating charges66A | - | - | €2,478 | - |
| Gross operating margin9900 | €29,562 | -€23,281 | €49,600 | ▲ 313% |
| Operating profit (loss)9901 | €27,828 | -€25,998 | €45,629 | ▲ 276% |
| Financial charges65/66B | - | €111 | €46 | ▼ 58.1% |
| Recurring financial charges65 | - | €111 | €46 | ▼ 58.1% |
| Profit (loss) for the period before taxes9903 | €27,828 | -€26,109 | €45,583 | ▲ 275% |
| Income taxes67/77 | €2,323 | - | €4,912 | - |
| Profit (loss) for the period9904 | €25,505 | -€26,109 | €40,671 | ▲ 256% |
| Profit (loss) for the period to be appropriated9905 | €25,505 | -€26,109 | €40,671 | ▲ 256% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €35,652 | €38,398 | €67,602 | ▲ 76.1% |
| Fixed assets21/28 | - | €3,509 | €286 | ▼ 91.9% |
| Tangible fixed assets22/27 | - | €3,509 | €286 | ▼ 91.9% |
| Furniture and vehicles24 | - | €3,509 | €286 | ▼ 91.9% |
| Current assets29/58 | €35,652 | €34,889 | €67,316 | ▲ 92.9% |
| Amounts receivable within one year40/41 | €26,177 | €33,642 | €66,224 | ▲ 96.8% |
| Trade receivables40 | €4,300 | €28,544 | €60,472 | ▲ 112% |
| Other amounts receivable41 | €21,877 | €5,098 | €5,752 | ▲ 12.8% |
| Cash at bank and in hand54/58 | €9,475 | €1,247 | €1,092 | ▼ 12.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €35,652 | €38,398 | €67,602 | ▲ 76.1% |
| Equity10/15 | -€3,201 | -€29,310 | €6,361 | ▲ 122% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €7,505 | - | €35,671 | - |
| Distributable reserves133 | €7,505 | - | €35,671 | - |
| Profit (loss) carried forward14 | -€12,706 | -€31,310 | -€31,310 | = |
| Amounts payable17/49 | €38,853 | €67,709 | €61,240 | ▼ 9.6% |
| Amounts payable within one year42/48 | €38,853 | €67,709 | €61,240 | ▼ 9.6% |
| Trade debts44 | €11,185 | €46,878 | €20,288 | ▼ 56.7% |
| Suppliers440/4 | €11,185 | €46,878 | €20,288 | ▼ 56.7% |
| Taxes, remuneration and social security45 | €9,667 | €9,481 | €11,498 | ▲ 21.3% |
| Taxes450/3 | €2,323 | €2,273 | €3,480 | ▲ 53.1% |
| Remuneration and social security454/9 | €7,345 | €7,208 | €8,018 | ▲ 11.2% |
| Other amounts payable47/48 | €18,000 | €11,350 | €29,454 | ▲ 160% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,505 | -€26,109 | €40,671 | ▲ 256% |
| + Depreciation and write-downs630 | €1,034 | €630 | €245 | ▼ 61.1% |
| Operating cash flow (approximation) | €26,540 | -€25,479 | €40,916 | ▲ 261% |
| Investment in fixed assets (approximation) | - | - | €2,978 | - |
| Change in cash | - | -€8,228 | -€155 | ▲ 98.1% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €40,671
Net result €40,671 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.52 to 1.10; short-term debt falls from €67,709 to €61,240.
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
31-12
Financial
Weakest financial yearnet -€26,109
Net result drops to -€26,109, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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
Registered office, Jette · 1 establishment unit since 2022
Ground area
263 m²
Building footprint
264 m²
Volume, LiDAR
2,384 m³
Parcel 21463D0273/00G008, Brussels · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Skippy Concept
since 20222.330.371.649
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0273/00G008 | Brussels | 263 m² | 1 · 264 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,456 companies in sector 41003 we hold annual accounts for 1,058. 398 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
Founded26-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
Contact
E-mail
info.skippyconceptsrl@gmail.comJette
Phone
0489833449Jette
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777756985
Also
9925:BE0777756985
Registered
13-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.