Skippy Concept
ActiveSummary
The computed 12-month bankruptcy probability of Skippy Concept is 3.6% (moderate). The 2025 annual accounts show equity of €6k and a net result of €41k. Equity is growing by ~75.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 7500 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.
Credit check for your own amount and term
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 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 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 →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€101k▲ 29.2%
2024 · €78k
2023: €150khighest in 3 years
2024: €78k▼ -47.8% vs 2023lowest in 3 years
2025: €101k▲ +29.2% vs 2024
2023 → 2025
EBIT margin
45.1%▲ 78.2pp
2024 · -33.2%
2023: 18.5%
2024: -33.2%▼ -279% vs 2023lowest in 3 years
2025: 45.1%▲ +236% vs 2024highest in 3 years
2023 → 2025
Net result
€41k
2024 · €-26k
2023: €26k
2024: €-26k▼ -202% vs 2023lowest in 3 years
2025: €41k▲ +256% vs 2024highest in 3 years
2023 → 2025
Working capital
€6k
2024 · €-33k
2023: €-3k
2024: €-33k▼ -925% vs 2023lowest in 3 years
2025: €6k▲ +119% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€150k-€78k▼ 47.8%€101k▲ 29.2%
2023: €150khighest in 3 years
2024: €78k▼ -47.8% vs 2023lowest in 3 years
2025: €101k▲ +29.2% vs 2024
Equity€-3k-€-29k▼ 816%€6k
2023: €-3k
2024: €-29k▼ -816% vs 2023lowest in 3 years
2025: €6k▲ +122% vs 2024highest in 3 years
Operating result€28k-€-26k€46k
2023: €28k
2024: €-26k▼ -193% vs 2023lowest in 3 years
2025: €46k▲ +276% vs 2024highest in 3 years
Net result€26k-€-26k€41k
2023: €26k
2024: €-26k▼ -202% vs 2023lowest in 3 years
2025: €41k▲ +256% vs 2024highest in 3 years
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: €46k after a loss of €26k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€286 ▼ 91.9%
Current assets
€67k ▲ 92.9%
Equity and liabilities €68k
Equity
€6k
Debt
€61k
Debt finances 90.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€46k▲
2024 · €-25k
Cash flow
€41k▲
2024 · €-25k
Current ratio
1.10▲
2024 · 0.52
Debt to equity
9.63▲
2024 · -2.31
ROE
639.4%
ROA
60.2%▲
2024 · -68.0%
Interest coverage
990.38▲
2024 · -229.33
Debt ≤ 1 year
€61k▼
2024 · €68k
Income taxes
€5k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38k€68k▲
Fixed assets21/28€4k€286▼
Tangible fixed assets22/27€4k€286▼
Furniture and vehicles24€4k€286▼
Current assets29/58€35k€67k▲
Amounts receivable within one year40/41€34k€66k▲
Trade receivables40€29k€60k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€38k€68k▲
Equity10/15€-29k€6k▲
Contributions10/11€2k€2k=
Reserves13-€36k
Distributable reserves133-€36k
Profit (loss) carried forward14€-31k€-31k=
Amounts payable17/49€68k€61k▼
Amounts payable within one year42/48€68k€61k▼
Trade debts44€47k€20k▼
Suppliers440/4€47k€20k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€11k€29k▲
Income statement
Code20242025
Turnover70€78k€101k▲
Goods, raw materials, services and sundry goods60/61€102k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630€245▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€-23k€50k▲
Operating profit (loss)9901€-26k€46k▲
Financial charges65/66B€111€46▼
Recurring financial charges65€111€46▼
Profit (loss) for the period before taxes9903€-26k€46k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-26k€41k▲
Profit (loss) for the period to be appropriated9905€-26k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€9k▲
Profit (loss) brought forward from the previous period14P€-5k€-31k▼
Transfer to equity691/2-€36k
To other reserves6921-€36k
Profit to be distributed694/7-€5k
Directors or managers695-€5k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €150k | €78k | €101k | ▲ 29.2% |
| Goods, raw materials, services and sundry goods60/61 | €121k | €102k | €52k | ▼ 49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €630 | €245 | ▼ 61.1% |
| Other operating charges640/8 | €700 | €2k | €1k | ▼ 40.3% |
| Non-recurring operating charges66A | - | - | €2k | - |
| Gross operating margin9900 | €30k | €-23k | €50k | ▲ 313% |
| Operating profit (loss)9901 | €28k | €-26k | €46k | ▲ 276% |
| Financial charges65/66B | - | €111 | €46 | ▼ 58.1% |
| Recurring financial charges65 | - | €111 | €46 | ▼ 58.1% |
| Profit (loss) for the period before taxes9903 | €28k | €-26k | €46k | ▲ 275% |
| Income taxes67/77 | €2k | - | €5k | - |
| Profit (loss) for the period9904 | €26k | €-26k | €41k | ▲ 256% |
| Profit (loss) for the period to be appropriated9905 | €26k | €-26k | €41k | ▲ 256% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €36k | €38k | €68k | ▲ 76.1% |
| Fixed assets21/28 | - | €4k | €286 | ▼ 91.9% |
| Tangible fixed assets22/27 | - | €4k | €286 | ▼ 91.9% |
| Furniture and vehicles24 | - | €4k | €286 | ▼ 91.9% |
| Current assets29/58 | €36k | €35k | €67k | ▲ 92.9% |
| Amounts receivable within one year40/41 | €26k | €34k | €66k | ▲ 96.8% |
| Trade receivables40 | €4k | €29k | €60k | ▲ 112% |
| Other amounts receivable41 | €22k | €5k | €6k | ▲ 12.8% |
| Cash at bank and in hand54/58 | €9k | €1k | €1k | ▼ 12.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €36k | €38k | €68k | ▲ 76.1% |
| Equity10/15 | €-3k | €-29k | €6k | ▲ 122% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €8k | - | €36k | - |
| Distributable reserves133 | €8k | - | €36k | - |
| Profit (loss) carried forward14 | €-13k | €-31k | €-31k | = |
| Amounts payable17/49 | €39k | €68k | €61k | ▼ 9.6% |
| Amounts payable within one year42/48 | €39k | €68k | €61k | ▼ 9.6% |
| Trade debts44 | €11k | €47k | €20k | ▼ 56.7% |
| Suppliers440/4 | €11k | €47k | €20k | ▼ 56.7% |
| Taxes, remuneration and social security45 | €10k | €9k | €11k | ▲ 21.3% |
| Taxes450/3 | €2k | €2k | €3k | ▲ 53.1% |
| Remuneration and social security454/9 | €7k | €7k | €8k | ▲ 11.2% |
| Other amounts payable47/48 | €18k | €11k | €29k | ▲ 160% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €-26k | €41k | ▲ 256% |
| + Depreciation and write-downs630 | €1k | €630 | €245 | ▼ 61.1% |
| Operating cash flow (approximation) | €27k | €-25k | €41k | ▲ 261% |
| Investment in fixed assets (approximation) | - | - | €3k | - |
| Change in cash | - | €-8k | €-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 €41k
Net result €41k 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 €68k to €61k.
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, 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 2,451 companies in sector 41003 we hold annual accounts for 1,055. 400 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
Scores and ratios are computed by Checked and are not a credit decision.