V-CONCEPT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show negative equity (-€2,290) and a net result of -€1,324. Its solvency ranks better than 6% of 623 sector peers (NACE 58, financial year 2020). The computed 12-month bankruptcy probability is 1.1% (low).
Signalsraises riskFigures for financial year 2020 (filed 04-11-2021)Latest accounts 89 days late; 1 of the last 3 latelowers riskSector: Publishing activities (NACE 58)Legal form: limited partnershipneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Financial strength, FY 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0
equity -245.4% of total assets
Liquidity47
short-term debt 345.4% · cash 37.7%
Profitability0
return on assets -141.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.1%Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (1,274 companies, NACE 58, micro)
Last 24 months11-2024: 2.5%12-2024: 2.5%● unchanged vs 11-202401-2025: 2.5%● unchanged vs 12-202402-2025: 2.5%● unchanged vs 01-202503-2025: 2.5%● unchanged vs 02-202504-2025: 2.5%● unchanged vs 03-202505-2025: 2.6%▲ +0.1 percentage points vs 04-2025highest value06-2025: 2.6%● unchanged vs 05-2025highest value07-2025: 2.6%● unchanged vs 06-2025highest value08-2025: 2.6%● unchanged vs 07-2025highest value09-2025: 2.6%● unchanged vs 08-2025highest value10-2025: 2.4%▼ -0.2 percentage points vs 09-202511-2025: 2.3%▼ -0.1 percentage points vs 10-202512-2025: 2.3%● unchanged vs 11-202501-2026: 2.3%● unchanged vs 12-202502-2026: 2.2%▼ -0.1 percentage points vs 01-202603-2026: 2.2%● unchanged vs 02-202604-2026: 2.2%● unchanged vs 03-202605-2026: 2.1%▼ -0.1 percentage points vs 04-202606-2026: 2.1%● unchanged vs 05-202607-2026: 2.1%● unchanged vs 06-202608-2026: 2.1%● unchanged vs 07-202609-2026: 1.1%▼ -1.0 percentage point vs 08-2026lowest value10-2026: 1.1%● unchanged vs 09-2026lowest value
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2020 accounts 89 days after the deadline; the sector median (NACE 58) for financial year 2020 is 3 days before the deadline, and 42% of those companies filed late.
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Searched since 2021.
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Annual accounts filedfinancial year 2020 · micro…
Key points
Risk: Negative equityfinancial year 2020: debts exceed assets-€2,290View
Caution: Among the weakest 7% on solvencysector median 44.9% · 623 companies-245.4%View
Caution: Latest accounts filed lateafter the legal deadline89 daysView