Active BE 0807.005.851Private limited company (pre-2019)

BCV CONCEPT

· 17 yrs active

Sector: Ontwikkeling van residentiële bouwprojecten (68121)

Conclusion Checked

The 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.

Key figures

Equity	€-203k
Net result	€87k
Better than sector	13%
Active	17 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

22 / 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

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

3 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 1 administrative flag (+3)

Trust signals 1 signals

Register: 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 Flags1 events

Address struck

Health barometer FY 2022 · computed

0 / 100 Critical

050100

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.

Financial overview10 NBB filings

Annual accounts filed on 21-02-2024 with the NBB · fiscal year 2022 · volledig

RevenueOperating resultNet result

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%	better than 13% of 559 sector peers
Net result	€87k	€-815	better than 77% of 557 sector peers
Equity	€-203k	€131k	better than 9% of 559 sector peers
Gross operating margin	€234k	€39k	better than 77% of 420 sector peers
Total assets	€3.03M	€1.51M	better than 61% of 559 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€2.45M

- 18-22

EBITDA

€220k

- 18-22

Net profit

€87k

- 18-22

Cash flow

€90k

- 18-22

Total assets

€3.03M

+21.9% 18-22

Equity

€-203k

+30.0% 18-22

Working capital

€293k

-83.5% 18-22

Staff costs

€13k

- 18-22

Income taxes

€59k

+40.6% 18-22

Debt

€3.24M

+16.5% 18-22

Debt ≤ 1y

€2.56M

+323.2% 18-22

Debt > 1y

€680k

-68.7% 18-22

Current ratio

1.11

-71.7% 18-22

Quick ratio

0.93

-53.0% 18-22

Solvency

-6.7%

+42.6% 18-22

Debt / equity

-15.97

-66.4% 18-22

ROE

-42.8%

- 18-22

ROA

2.9%

- 18-22

Net margin

3.5%

- 18-22

EBITDA margin

9.0%

- 18-22

Interest coverage

1.66

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

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

Assets

Fixed assets €184k · 6.1% Current assets €2.85M · 93.9%

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.

Legal Structure

NACE primary	Ontwikkeling van residentiële bouwprojecten(68121)
Legal form	Private limited company (pre-2019)(015)
Incorporation	07-10-2008
Status	Active
Postal code	-

Establishment units 1 location

B.C.V. SPRL

Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken

since 20082.176.420.078

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels 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.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

25-07-2025

KBO administration Address struck

Louizalaan 523 1050 Die Sitzadresse Avenue Louise / Louizalaan Bruxelles · event 13-07-2025

2024

21-02-2024