Age17 yrs
Real estate1 parcel · 3,529 m²
Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 050 for BCV CONCEPT (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-203k) and a net result of €87k.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events25-07-2025
KBO administration
Address struck
Signals
Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideFiling behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | 21-02-2024 | 205 d late | 2024-00032517 |
| 31-12-2021 | 31-07-2022 | 14-04-2023 | 257 d late | 2023-00059120 |
| 31-12-2020 | 31-07-2021 | 09-08-2021 | 9 d late | 2021-46900410 |
| 31-12-2019 | 31-07-2020 | 22-09-2020 | 53 d late | 2020-54900425 |
| 31-12-2018 | 31-07-2019 | 09-10-2019 | 70 d late | 2019-69300526 |
| 31-12-2017 | 31-07-2018 | 12-11-2018 | 104 d late | 2018-72000123 |
| 31-12-2016 | 31-07-2017 | 27-12-2017 | 149 d late | 2017-73100442 |
| 31-12-2015 | 31-07-2016 | 23-06-2017 | 327 d late | 2017-20900451 |
| 31-12-2014 | 31-07-2015 | 22-08-2015 | 22 d late | 2015-46100461 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
1 eventAddress struck
Financials
Turnover€2.45M
EBIT margin8.8%
Net result€87k
Working capital€293k-83.5%
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 21-02-2024 with the NBB · fiscal year 2022 · volledig
Sector comparison
Fiscal year 2022 · NACE 68, Real estate activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -6.7% | 18.5% | |
| Net result | €87k | €-815 | |
| Equity | €-203k | €131k | |
| Gross operating margin | €234k | €39k | |
| Total assets | €3.03M | €1.51M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P13
Weakening position over 2020-2022
· n=284-559
P77
Improving position over 2020-2022
· n=283-557
P9
Weakening position over 2020-2022
· n=285-559
P77
Improving position over 2020-2022
· n=188-420
Describes the position versus peers, not a forecast.
€2.45M
-
18-22
€220k
-
18-22
€87k
-
18-22
€90k
-
18-22
€3.03M
+21.9%
18-22
€-203k
+30.0%
18-22
€293k
-83.5%
18-22
€13k
-
18-22
€59k
+40.6%
18-22
€3.24M
+16.5%
18-22
€2.56M
+323.2%
18-22
€680k
-68.7%
18-22
1.11
-71.7%
18-22
0.93
-53.0%
18-22
-6.7%
+42.6%
18-22
-15.97
-66.4%
18-22
-42.8%
-
18-22
2.9%
-
18-22
3.5%
-
18-22
9.0%
-
18-22
1.66
-
18-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | €2.45M |
| EBITDA | €220k |
| Net profit | €87k |
| Cash flow | €90k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.03M |
| Equity | €-203k |
| Debt | €3.24M |
| of which ≤ 1y | €2.56M |
| of which > 1y | €680k |
| Working capital | €293k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.11 |
| Quick ratio | 0.93 |
| Working capital ratio | 9.7% |
| Solvency | -6.7% |
| Debt / equity | -15.97 |
| Long-term debt ratio | -3.36 |
| Interest coverage | 1.66 |
| Gross margin | 9.5% |
| Net margin | 3.5% |
| ROA | 2.9% |
| ROE | -42.8% |
| EBITDA margin | 9.0% |
| Days sales outstanding | 171d |
| Days payable outstanding | 235d |
| Inventory turnover | 4.75 |
| Days inventory (DSI) | 77d |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.03M |
| Fixed assets | 21/28 | €184k |
| Tangible fixed assets | 22/27 | €9k |
| Financial fixed assets | 28 | €176k |
| Current assets | 29/58 | €2.85M |
| Stocks & contracts in progress | 3 | €467k |
| Amounts receivable within one year | 40/41 | €2.12M |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.03M |
| Equity | 10/15 | €-203k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-303k |
| Amounts payable | 17/49 | €3.24M |
| Amounts payable after one year | 17 | €680k |
| Amounts payable within one year | 42/48 | €2.56M |
| Trade debts payable within one year | 44 | €1.43M |
| Income statement | ||
| Turnover | 70 | €2.45M |
| Gross operating margin | 9900 | €234k |
| Operating result | 9901 | €216k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €133k |
| Result before taxes | 9903 | €87k |
| Net result for the period | 9904 | €87k |
| Result to be appropriated | 9905 | €87k |
You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2022 · computed0
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Establishment units
1 locationB.C.V. SPRL
since 20082.176.420.078
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,529 m²
Buildings1
Building footprint1,878 m²
Volume (LiDAR)44,063 m³
Tallest building38.1 m · ±7 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette25-07-2025
KBO administration
Address struck
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Snowflake analysis
financial profile on 5 axes22
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
29
Solvency
47
Growth
32
Stability
0
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 2,020 of the 9,649 companies in this sector. 1,410 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
| Legal nameFR | BCV CONCEPT |
Registration history
- 13-07-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.