Equity
-€843
Debts exceed assets in financial year 2025.
VB CONCEPT
Overview
Lifetime
8 annual accounts with figures on one time axispeak €32,027 (2025)
€32,027▲ 64.1%
lowest -€13,041 (2019)
€13,853▲ 166%
peak €11,950 (2018)
-€843▲ €13,853
€80,355▼ 3.5%
Board1 name since 2017
1 directorVitale Beppi
Documentsfilings and deeds
31-10-202692 days late
2025abbreviated format
Gross margin from €19,519 to €32,027Result from €5,217 to €13,853Equity from -€14,696 to -€843Investments €16,281Cash from €21,153 to €2,880
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The accounts state no turnover.
Debts
€80,355 101% of the balance sheet
Suppliers 9%Taxes and wages 2%Other 88%
Investments
€16,281 3.7 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts 92 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€843
Less equity than 86% of companies in retail trade. Sector median €235,781 · 12,866 companies.
Checked score
52
Fair
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.7%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 2.3%▲ +0.7 percentage points vs 07-2025
09-2025: 1.5%▼ -0.8 percentage points vs 08-2025
10-2025: 1.4%▼ -0.1 percentage points vs 09-2025
11-2025: 1.3%▼ -0.1 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.2%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.6 percentage points vs 07-2026
09-2026: 2.2%▲ +0.4 percentage points vs 08-2026
10-2026: 3.6%▲ +1.4 percentage points vs 09-2026highest value
11-2026: 2.5%▼ -1.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 92 days late; 1 of the last 3 accounts late
Sector: Retail trade (NACE 47)
Negative equity -€843
lowers risk
Size: total assets €79,512
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 19% of them on solvency, 7% on liquidity, 85% on profitability and 92% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as VB CONCEPT has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VB CONCEPT itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for VB CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.77 (0.76 in 2024), below 1. Short-term debt is 101.1% and cash 3.6% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 12856 sector peers (2025).
NBB · sector comparisonPosition among 12856 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
92 days late
2024
29 days late
2023
30 days late
2022
65 days late
2021
59 days late
2020
1728 days late
2019
137 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 306 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0680954846
Incorporation
published on 14-09-2017 · Gazette deed
First establishment
Rue de la Station 142, Le Roeulx
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VB CONCEPT Le Roeulx | €79,512 | €32,027 | -1.1% | - |
| AUTO AZAR Charleroi | €76,230 | €28,370 | 59.5% | - |
| KOXAL Hasselt | €90,714 | €39,324 | 51.4% | - |
| The Car Factory Amay | €70,961 | €40,317 | 56.0% | - |
| BDAutomobiles Eghezée | €94,436 | €39,042 | 71.1% | - |
| RE.NE.CO BELGIUM Molenbeek-Saint-Jean | €83,459 | €24,167 | 31.7% | - |
| M&M CARS SERVICES Schaerbeek | €62,395 | €31,738 | 51.4% | - |
These companies have the same main activity as VB CONCEPT: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €62,400 and €94,400, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 12-09-2017Normal situation
- Registered office
- 38 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
- Establishment unit
- 2.282.620.1337070 Le Roeulx, since 12-09-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 22-08-2024
Annual accounts 2025
- €32,027▲ 64.1%
- €13,853▲ 166%
- -€843▲ 94.3%
- €79,512▲ 15.9%
- Filing
- Filed on 31-10-2026
Insights on VB CONCEPT
VB CONCEPT files the abbreviated format. That format states no turnover. The gross margin rose from €4,624 in 2018 to €32,027 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 31-10-2026, 92 days late€32,027
▲ 64.1%
€14,957
▲ 166%
€13,853
▲ 166%
-€18,436
▲ €1,928
-1.1%
▲ 20.4 percentage points
0.77
▲ 0.02
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €110,000 and €730,000.
Balance sheet
balance sheet total €79,512 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-1.1%
Higher than 14% of 12,856 companies in 2025.
0.77
Higher than 17% of 12,646 companies in 2025.
17.4%
Higher than 88% of 12,719 companies in 2025.
VB CONCEPT
Middle half of the sector
80% of the sector
Abbreviated accounts in retail trade (NACE 47)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
79,512 | 68,581 | 64,258 | 88,622 | 46,538 | 43,034 | 26,267 | 29,889 | |
21/28 |
17,593 | 5,668 | 1,978 | 4,209 | 10,739 | 17,270 | 12,117 | 12,022 | |
22/27 |
17,388 | 5,463 | 1,978 | 4,209 | 10,739 | 17,270 | 12,117 | 12,022 | |
24 |
13,194 | - | 684 | 4,209 | 10,079 | 15,949 | 10,135 | 9,380 | |
26 |
4,193 | 5,463 | 1,294 | - | 661 | 1,321 | 1,982 | 2,642 | |
28 |
205 | 205 | - | - | - | - | - | - | |
29/58 |
61,919 | 62,913 | 62,280 | 84,414 | 35,799 | 25,764 | 14,150 | 17,867 | |
3 |
35,025 | 29,860 | 32,011 | 71,214 | 15,328 | 12,890 | 12,890 | 12,774 | |
30/36 |
35,025 | 29,860 | 32,011 | 71,214 | 15,328 | 12,890 | 12,890 | 12,774 | |
40/41 |
7,486 | 11,899 | 9,588 | 5,137 | 13,800 | 9,251 | 1,255 | 1,859 | |
40 |
7,486 | 11,899 | 9,588 | 5,137 | 13,800 | 9,251 | - | 1,601 | |
41 |
- | - | - | - | - | - | 1,255 | 258 | |
54/58 |
2,880 | 21,153 | 20,682 | 8,063 | 6,671 | 3,624 | 5 | 3,234 | |
490/1 |
16,528 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
79,512 | 68,581 | 64,258 | 88,622 | 46,538 | 43,034 | 26,267 | 29,889 | |
10/15 |
-843 | -14,696 | -19,913 | -21,394 | -22,307 | -13,640 | -1,091 | 11,950 | |
10/11 |
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | |
10 |
- | - | - | 13,000 | 13,000 | 13,000 | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 5,600 | 5,600 | 5,600 | 5,600 | 5,600 | |
11 |
13,000 | - | - | - | - | - | - | - | |
1109/19 |
13,000 | - | - | - | - | - | - | - | |
14 |
-13,843 | -27,696 | -32,913 | -34,394 | -35,307 | -26,640 | -14,091 | -1,050 | |
17/49 |
80,355 | 83,277 | 84,171 | 110,016 | 68,845 | 56,674 | 27,357 | 17,939 | |
42/48 |
80,355 | 83,277 | 84,171 | 110,016 | 68,845 | 56,674 | 27,357 | 17,939 | |
44 |
7,496 | 27,815 | 20,849 | 19,584 | 7,579 | 15,741 | 8,740 | 3,127 | |
440/4 |
7,496 | 27,815 | 20,849 | 19,584 | 7,579 | 15,741 | 8,740 | 3,127 | |
46 |
1,133 | - | - | 36,621 | - | - | - | - | |
45 |
1,795 | 6,214 | 11,446 | 1,951 | 3,638 | 40,933 | 1,085 | 2,802 | |
450/3 |
1,795 | 4,914 | 11,446 | 1,951 | 3,638 | 40,933 | 1,085 | 2,802 | |
454/9 |
- | 1,299 | - | - | - | - | - | - | |
47/48 |
69,931 | 49,249 | 51,876 | 51,860 | 57,628 | - | 17,533 | 12,010 | |
| Income statement | |||||||||
76A |
- | - | - | - | 6,250 | 8,000 | - | - | |
9900 |
32,027 | 19,519 | 6,219 | 8,146 | -581 | -6,422 | -8,295 | 4,624 | |
62 |
3,408 | 12,003 | - | - | - | - | 83 | 811 | |
630 |
4,356 | 1,471 | 3,623 | 6,531 | 6,531 | 5,847 | 3,781 | 3,006 | |
640/8 |
9,305 | 414 | 905 | 372 | 595 | 87 | 824 | 763 | |
9901 |
14,957 | 5,631 | 1,691 | 1,244 | -7,707 | -12,355 | -12,984 | 44 | |
75/76B |
0 | - | 0 | - | - | - | - | - | |
75 |
0 | - | 0 | - | - | - | - | - | |
65/66B |
1,104 | 415 | 210 | 332 | 1,248 | 194 | 57 | 9 | |
65 |
1,104 | 415 | 210 | 332 | 1,248 | 194 | 57 | 9 | |
9903 |
13,853 | 5,217 | 1,481 | 913 | -8,954 | -12,549 | -13,041 | 35 | |
67/77 |
- | - | - | - | -288 | - | - | 1,085 | |
9904 |
13,853 | 5,217 | 1,481 | 913 | -8,667 | -12,549 | -13,041 | -1,050 | |
9905 |
13,853 | 5,217 | 1,481 | 913 | -8,667 | -12,549 | -13,041 | -1,050 | |
| Appropriation of the result | |||||||||
9906 |
-13,843 | -27,696 | -32,913 | -34,394 | -35,307 | -26,640 | -14,091 | -1,050 | |
14P |
-27,696 | -32,913 | -34,394 | -35,307 | -26,640 | -14,091 | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 92 days after the deadline. Filed on 31 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00600102.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-10-2026 | 2026-00600102 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00434375 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00420921 | |
| 31-12-2022 | micro format | 04-10-2023 | 2023-00470001 | |
| 31-12-2021 | micro format | 28-09-2022 | 2022-20452843 | |
| 31-12-2020 | micro format | 24-04-2026 | 2026-00089665 | |
| 31-12-2019 | micro format | 15-12-2020 | 2020-76200481 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46500347 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 19,313 | 7,103 | 5,313 | 7,775 | -1,176 | -6,509 | -9,203 | 3,050 | ||
| 18,209 | 6,688 | 5,104 | 7,443 | -2,136 | -6,702 | -9,260 | 1,956 | ||
| 16,281 | 5,161 | 1,392 | 0 | 11,000 | 11,000 | 3,875 | 15,028 | ||
| -18,273 | 471 | 12,619 | 1,392 | 3,047 | 3,619 | -3,229 | - | ||
| -18,436 | -20,364 | -21,891 | -25,603 | -33,046 | -30,910 | -13,207 | -72 | ||
| -1.1% | -21.4% | -31.0% | -24.1% | -47.9% | -31.7% | -4.2% | 40.0% | ||
| 0.77 | 0.76 | 0.74 | 0.77 | 0.52 | 0.45 | 0.52 | 1.00 | ||
| 0.33 | 0.40 | 0.36 | 0.12 | 0.30 | 0.23 | 0.05 | 0.28 | ||
| - | - | - | - | - | - | - | 1.50 | ||
| - | - | - | - | - | - | - | -8.8% | ||
| 17.4% | 7.6% | 2.3% | 1.0% | -18.6% | -29.2% | -49.6% | -3.5% | ||
| 17.49 | 17.12 | 25.36 | 23.45 | -0.94 | -33.60 | - | - |
The equity ratios are withheld because equity of -€843 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €16,281 | €4,956 | €1,392 | - | €11,000 |
| Financial fixed assets | - | €205 | - | - | - |
| €4,356 | €1,471 | €3,623 | €6,531 | €6,531 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VB CONCEPT
The operating result for 2025 is 166% higher than in 2024 and the highest since 2018. It is the sixth rise in a row, after the fall in 2019.
Equity is negative. Debt (€80,355) exceeds the balance-sheet total (€79,512).
Board & ownership
Board
1 directorMandates through the years
1 name, the dashed line is todayVitale Beppi
Director
Director
Board
Mandates as a list
- Vitale Beppi
- Director, from 12-09-2017 to date
Control
Capital
- Contribution
- €13,000
- Source
- 2025 annual accounts
Network & group
No group
VB CONCEPT has no parent and no holdings in its annual accounts. Vitale Beppi is the only director. VB CONCEPT shares no director with another company.
Timeline
Timeline
14 events since 2017Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 92 days late
Annual accounts 2020 filed PDFmicro format · 1728 days late
2025
Highest result from 2018 to 2025 net €13,853 ▲166% The operating result of €14,957 and the net result of €13,853 are both a record.
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0680954846
2023
Annual accounts 2022 filed PDFmicro format · 65 days late
2022
Back to profit net €913 The net result is €913, after 4 loss-making years.
Annual accounts 2021 filed PDFmicro format · 59 days late
2020
Annual accounts 2019 filed PDFmicro format · 137 days late
2019
Weakest financial year net -€13,041 The net result drops to -€13,041, the lowest from 2018 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 12 days late
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0680.954.846
- VAT number
- BE 0680.954.846
- Peppol ID
- 0208:0680954846
- Other Peppol ID
- 9925:BE0680954846
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 12-09-2017
- Financial year
- ends on 31 December
- Peppol
- Reachable since 22-08-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- VB CONCEPT in French
- Name in the Peppol Directory
- VBConcept SPRL
- Entity type
- Legal entity
Activities
NACEBEL 202547811
Retail sale of cars and light vans (up to 3.5 tonnes) main activity
Codes under NACEBEL 2008
45113
main activity
45209
80200
Investigation and security activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Station 142 registered office 7070 Le Roeulx | 12-09-2017 | 2.282.620.133 |
Buildings and parcels at the address
- Ground area
- 72 m²
- Buildings
- 71 m²
- Volume, LiDAR
- 432 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55035B0315/00E004 | 72 m² | 1 · 71 m² | 7.4 m · 2 |