BHB CONCEPT
ActiveSummary
BHB CONCEPT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €1k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 56% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-1
Solvency77▲+15
Growth47=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.25 in 2024; short-term debt: 44.5% and cash: 14.4% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
57 d late
2023
56 d late
2022
38 d late
2021
24 d late
2020
92 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€465k▲ 29.5%
2020 · €359k
2019: €456k
2020: €359k
2019 → 2021
EBIT margin
1.0%▼ 0.4pp
2020 · 1.4%
2019: 2.3%
2020: 1.4%
2019 → 2021
Net result
€1k▼ 3.0%
2024 · €2k
2018: €3k
2019: €7k
2020: €235
2021: €103
2022: €313
2023: €325
2024: €2k
2018 → 2025
Working capital
€3k▼ 84.2%
2024 · €17k
2018: €22k
2019: €31k
2020: €35k
2021: €-2k
2022: €7k
2023: €14k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€465k-
Equity€40k-€40k▲ 0.8%€41k▲ 0.8%€42k▲ 3.8%€44k▲ 3.6%
Operating result€4k-€3k▼ 22.6%€9k▲ 151%€14k▲ 60.2%€16k▲ 13.5%
Net result€103-€313▲ 203%€325▲ 3.9%€2k▲ 373%€1k▼ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€43k ▲ 70.8%
Current assets
€40k ▼ 54.5%
Equity and liabilities €83k
Equity
€44k ▲ 3.6%
Debt
€40k ▼ 44.0%
Debt's share of the balance-sheet total falls from 62.7% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €25k
Cash flow
€18k▲
2024 · €12k
Current ratio
1.07▼
2024 · 1.25
Debt to equity
0.91▼
2024 · 1.68
ROE
3.4%▼
2024 · 3.7%
ROA
1.8%▲
2024 · 1.4%
Interest coverage
2.25▼
2024 · 2.45
Debt ≤ 1 year
€37k▼
2024 · €70k
Debt > 1 year
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€83k▼
Fixed assets21/28€25k€43k▲
Tangible fixed assets22/27€25k€43k▲
Plant, machinery and equipment23€7k€7k▼
Furniture and vehicles24€18k€36k▲
Financial fixed assets28€350€350=
Current assets29/58€87k€40k▼
Amounts receivable within one year40/41€59k€23k▼
Trade receivables40€56k€14k▼
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€24k€12k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€113k€83k▼
Equity10/15€42k€44k▲
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€3k€5k▲
Amounts payable17/49€71k€40k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€70k€37k▼
Current portion of amounts payable after more than one year42-€9k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€4k€21k▲
Suppliers440/4€4k€21k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€60k-
Accrued charges and deferred income492/3€671€6▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€500-
Gross operating margin9900€26k€35k▲
Operating profit (loss)9901€14k€16k▲
Financial income75/76B€0€32▲
Recurring financial income75€0€32▲
Financial charges65/66B€10k€14k▲
Recurring financial charges65€10k€14k▲
Profit (loss) for the period before taxes9903€4k€1k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€5k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €103 ▼56%
Net result drops to €103, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲103%
Net result €7k, the highest in the series.
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Rochefort · 1 establishment unit since 2005
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 des Cailloux,Villers 135580 RochefortGround area
448 m²
Building footprint
54 m²
Parcel 91128B0068/03V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BE HOME
since 20052.146.638.704
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91128B0068/03V000 | Wallonia | 448 m² | 1 · 54 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PETER GEENS
BE 0861.994.953
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Green Climate Control
BE 0739.794.056
Mechelen · Eq €43,574
THERMITRA
BE 0419.201.732
Ciney · Eq €43,549
Etablissements CARTERON
BE 0778.892.380
Bertrix · Eq €43,535
Grue-FD
BE 0755.711.459
Sint-Gillis (bij-Brussel) · Eq €43,423
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,411 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43310Plastering work
43331Floor and wall tiling
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.