STOFFEL & CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of STOFFEL & CONCEPT is 4.3% (elevated). The 2024 annual accounts show equity of €34,972 and a net result of -€2,121. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 36378 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability10▲+6
Solvency79▼-21
Growth68=
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.07 against 8.31 in 2023; short-term debt: 45.8% and cash: 13.2% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
54.2%
Return on assets
-3.3%
Age of the figures
22 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€2,121
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 18-06-2025, 12 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
12 d early
2023
9 d early
2022
21 d early
2021
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€139,984▲ 58.2%
2023 · €88,492
EBIT margin
-7.0%▼ 1.6pp
2023 · -5.5%
Net result
-€2,121▲ 48.7%
2023 · -€4,131
Working capital
€31,518▼ 6.4%
2023 · €33,687
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€50,056-€112,847▲ 125%€88,492▼ 21.6%€139,984▲ 58.2%
Operating result€6,012-€33,528▲ 458%-€4,834-€9,863▼ 104%
Net result€5,588within the sector's middle half-€32,636within the sector's middle half▲ 484%-€4,131below the sector's middle half-€2,121below the sector's middle half▲ 48.7%
EBIT margin12.0%-29.7%▲ 17.7pp-5.5%▼ 35.2pp-7.0%▼ 1.6pp
Equity€8,588below the sector's middle half-€41,224below the sector's middle half▲ 380%€37,093within the sector's middle half▼ 10.0%€34,972within the sector's middle half▼ 5.7%
Total assets€15,513below the sector's middle half-€70,781below the sector's middle half▲ 356%€41,701below the sector's middle half▼ 41.1%€64,523below the sector's middle half▲ 54.7%
Debt€6,925-€29,557▲ 327%€4,608▼ 84.4%€29,551▲ 541%
Working capital€8,588below the sector's middle half-€40,927within the sector's middle half▲ 377%€33,687within the sector's middle half▼ 17.7%€31,518within the sector's middle half▼ 6.4%
Solvency55.4%within the sector's middle half-58.2%within the sector's middle half▲ 2.9pp88.9%above the sector's middle half▲ 30.7pp54.2%within the sector's middle half▼ 34.7pp
Current ratio2.24within the sector's middle half-2.38within the sector's middle half▲ 0.148.31above the sector's middle half▲ 5.932.07within the sector's middle half▼ 6.24
Return on assets (ROA)36.0%above the sector's middle half-46.1%above the sector's middle half▲ 10.1pp-9.9%below the sector's middle half▼ 56.0pp-3.3%below the sector's middle half▲ 6.6pp
Staff (FTE)0.1below the sector's middle half0.5▲ 400%1.8▲ 260%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,863 in 2024 against €4,834 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64,523
Fixed assets
€3,454 ▲ 1.4%
Current assets
€61,069 ▲ 59.5%
Equity and liabilities €64,523
Equity
€34,972 ▼ 5.7%
Debt
€29,551 ▲ 541%
Debt's share of the balance-sheet total rises from 11.1% to 45.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€8,811▼
2023 · -€4,742
Cash flow
-€1,069▲
2023 · -€4,039
Quick ratio
0.78▼
2023 · 8.31
Debt to equity
0.84▲
2023 · 0.12
ROE
-6.1%▲
2023 · -11.1%
Interest coverage
-43.40▼
2023 · -36.76
Debt ≤ 1 year
€29,551▲
2023 · €4,608
Income taxes
€1,467▼
2023 · €8,759
Staff costs
€39,995▲
2023 · €8,993
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.3%
went bankrupt
7.5%
stopped otherwise
90%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.3% 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 497,340 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% | 1.8% |
| 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 3,441 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 | Change |
|---|---|---|---|---|---|
| Turnover70 | €50,056 | €112,847 | €88,492 | €139,984 | ▲ 58.2% |
| Goods, raw materials, services and sundry goods60/61 | €43,449 | €73,624 | €81,999 | €106,370 | ▲ 29.7% |
| Remuneration, social security and pensions62 | - | €4,419 | €8,993 | €39,995 | ▲ 345% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €92 | €1,052 | ▲ 1,043% |
| Other operating charges640/8 | €595 | €1,275 | €2,274 | €2,430 | ▲ 6.9% |
| Gross operating margin9900 | €6,607 | €39,222 | €6,525 | €33,614 | ▲ 415% |
| Operating profit (loss)9901 | €6,012 | €33,528 | -€4,834 | -€9,863 | ▼ 104% |
| Financial income75/76B | - | €803 | €9,591 | €9,412 | ▼ 1.9% |
| Recurring financial income75 | - | €803 | €9,591 | €9,369 | ▼ 2.3% |
| Non-recurring financial income76B | - | - | - | €43 | - |
| Financial charges65/66B | €424 | €113 | €129 | €203 | ▲ 57.4% |
| Recurring financial charges65 | €424 | €113 | €129 | €203 | ▲ 57.4% |
| Profit (loss) for the period before taxes9903 | €5,588 | €34,218 | €4,628 | -€654 | ▼ 114% |
| Income taxes67/77 | - | €1,582 | €8,759 | €1,467 | ▼ 83.3% |
| Profit (loss) for the period9904 | €5,588 | €32,636 | -€4,131 | -€2,121 | ▲ 48.7% |
| Profit (loss) for the period to be appropriated9905 | €5,588 | €32,636 | -€4,131 | -€2,121 | ▲ 48.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15,513 | €70,781 | €41,701 | €64,523 | ▲ 54.7% |
| Fixed assets21/28 | - | €297 | €3,406 | €3,454 | ▲ 1.4% |
| Tangible fixed assets22/27 | - | - | €3,109 | €3,157 | ▲ 1.5% |
| Plant, machinery and equipment23 | - | - | €3,109 | €3,157 | ▲ 1.5% |
| Financial fixed assets28 | - | €297 | €297 | €297 | = |
| Current assets29/58 | €15,513 | €70,484 | €38,295 | €61,069 | ▲ 59.5% |
| Stocks and contracts in progress3 | - | - | - | €38,000 | - |
| Stocks30/36 | - | - | - | €38,000 | - |
| Amounts receivable within one year40/41 | €5,234 | €21,665 | €13,909 | €2,398 | ▼ 82.8% |
| Trade receivables40 | €1,259 | - | - | - | - |
| Other amounts receivable41 | €3,975 | €21,665 | €13,909 | €2,398 | ▼ 82.8% |
| Cash at bank and in hand54/58 | €10,279 | €26,052 | €20,166 | €8,528 | ▼ 57.7% |
| Deferred charges and accrued income490/1 | - | €22,767 | €4,220 | €12,143 | ▲ 188% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15,513 | €70,781 | €41,701 | €64,523 | ▲ 54.7% |
| Equity10/15 | €8,588 | €41,224 | €37,093 | €34,972 | ▼ 5.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €5,588 | €38,224 | €34,093 | €31,972 | ▼ 6.2% |
| Amounts payable17/49 | €6,925 | €29,557 | €4,608 | €29,551 | ▲ 541% |
| Amounts payable within one year42/48 | €6,925 | €29,557 | €4,608 | €29,551 | ▲ 541% |
| Trade debts44 | €3,173 | €28,084 | €4,565 | €11,749 | ▲ 157% |
| Suppliers440/4 | €3,173 | €9,854 | €4,565 | €11,749 | ▲ 157% |
| Bills of exchange payable441 | - | €18,230 | - | - | - |
| Taxes, remuneration and social security45 | €350 | €1,473 | €43 | €9,040 | ▲ 20,923% |
| Taxes450/3 | - | - | - | €1,717 | - |
| Remuneration and social security454/9 | €350 | €1,473 | €43 | €7,323 | ▲ 16,930% |
| Other amounts payable47/48 | €3,402 | - | - | €8,762 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,588 | €32,636 | -€4,131 | -€2,121 | ▲ 48.7% |
| + Depreciation and write-downs630 | - | - | €92 | €1,052 | ▲ 1,043% |
| Operating cash flow (approximation) | €5,588 | €32,636 | -€4,039 | -€1,069 | ▲ 73.5% |
| Investment in fixed assets (approximation) | - | - | -€3,201 | -€1,100 | ▲ 65.6% |
| Change in cash | - | €15,773 | -€5,886 | -€11,638 | ▼ 97.7% |
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-11
Financial
Weakest financial yearnet -€4,131
Net result drops to -€4,131, the lowest in the series; recovery starts the following year.
30-11
Financial
Liquidity triplescurrent ratio 8.31
Current ratio from 2.38 to 8.31; short-term debt falls from €29,557 to €4,608.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Highest result since 2021net €32,636 ▲484%
Operating result €33,528, net result €32,636, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kraainem · 2 establishment units since 2020
Ground area
1.4 ha
Building footprint
1,411 m²
Volume, LiDAR
39,147 m³
3 parcels, Flanders, Wallonia · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
2 establishment units
STOFFEL & CONCEPT
since 20202.309.777.163
SO By Cars
since 20242.366.616.094
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 52036B0145/00D000 | Wallonia | 2,661 m² | 1 · 268 m² | 13.0 m · 4 fl. |
| 52058A1036/00M000 | Wallonia | 157 m² | 1 · 278 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesSTOFFEL & CONCEPT BV41753
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,666. 2,262 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
Founded20-11-2020
Fiscal year end30-11
Trade name NL
Propeint & Concept
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43240Other construction installation
43990Other specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758611561
Also
9925:BE0758611561
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.