THEIA CONCEPT
ActiveTHEIA CONCEPT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 116 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency19▼-45
Growth32=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.37 in 2024; short-term debt: 105.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Sector 20
lower
← 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 2025Solvency, return and age of the figures
Solvency
-5.6%
Return on assets
-24.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 4 filingsDeviation from the deadline
2025
11 d late
2024
27 d late
2023
55 d early
2022
on the day
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-5k
2024 · €17k
2022: €31k
2023: €57k
2024: €17k
2022 → 2025
Total assets
€93k▲ 111%
2024 · €44k
2022: €52k
2023: €79k
2024: €44k
2022 → 2025
Net result
€-23k▲ 42.4%
2024 · €-39k
2022: €29k
2023: €26k
2024: €-39k
2022 → 2025
Working capital
€-10k
2024 · €10k
2022: €29k
2023: €49k
2024: €10k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€31k-€57k▲ 81.9%€17k▼ 69.3%€-5k
Operating result€41k-€37k▼ 10.2%€-39k€-22k▲ 42.8%
Net result€29k-€26k▼ 12.5%€-39k€-23k▲ 42.4%
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 €22k in 2025 against €39k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€5k▼ 30.8%
Current assets
€88k▲ 141%
Key figures and ratios
EBITDA
€-20k▲
2024 · €-37k
Cash flow
€-20k▲
2024 · €-37k
Solvency
-5.6%▼
2024 · 39.5%
Current ratio
0.89▼
2024 · 1.37
Quick ratio
0.89▼
2024 · 1.37
Debt / equity
-19.00▼
2024 · 1.53
ROA
-24.3%▲
2024 · -88.9%
Interest coverage
-14.04▲
2024 · -136.41
Debt
€98k▲
2024 · €27k
Debt ≤ 1 year
€98k▲
2024 · €27k
Income taxes
€127▲
2024 · €114
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€44k€93k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€36k€88k▲
Amounts receivable within one year40/41€26k€87k▲
Trade receivables40€22k€87k▲
Other amounts receivable41€4k€296▼
Cash at bank and in hand54/58€9k-
Deferred charges and accrued income490/1€593€700▲
Equity and liabilities
Total equity and liabilities10/49€44k€93k▲
Equity10/15€17k€-5k▼
Contributions10/11€2k€2k=
Reserves13€55k€55k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-39k€-62k▼
Amounts payable17/49€27k€98k▲
Amounts payable within one year42/48€27k€98k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€16k€75k▲
Suppliers440/4€16k€75k▲
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48-€10k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€387€200▼
Gross operating margin9900€-37k€-20k▲
Operating profit (loss)9901€-39k€-22k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Non-recurring financial income76B-€1k
Financial charges65/66B€271€1k▲
Recurring financial charges65€271€1k▲
Profit (loss) for the period before taxes9903€-39k€-22k▲
Income taxes67/77€114€127▲
Profit (loss) for the period9904€-39k€-23k▲
Profit (loss) for the period to be appropriated9905€-39k€-23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-62k▼
Profit (loss) brought forward from the previous period14P€0€-39k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-39k ▼254%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial 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
Registered office, Orp-Jauche · 1 establishment unit since 2022
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.
Rue du Château Rose(O) 171350 Orp-JaucheGround area
6,134 m²
Building footprint
1,594 m²
Volume, LiDAR
23,695 m³
2 parcels, Brussels, Wallonia · tallest building 36.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THEIA CONCEPT
since 20222.333.407.353
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0039/00H003 | Brussels | 5,127 m² | 1 · 1,510 m² | 36.3 m · 1 fl. |
| 25082D0081/00E000 | Wallonia | 1,007 m² | 1 · 84 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DIWI
BE 0639.809.030
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OLFASTYLE
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Of 156 companies in sector 20411 we hold annual accounts for 45. 15 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2022
Fiscal year end31-12
Activities, NACEBEL
20411Manufacture of chemicals and chemical products
47750Retail sale of cosmetics and toilet articles
47783Retail trade
47784Retail trade
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82190Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.