Investments
€19,893 8.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 1205.7% higher than in 2024.
ADVANCED CONCEPT SOLUTIONS
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1978peak €53,884 (2014)
€20,141▼ 55.2%
lowest -€5,855 (2012)
€9,674▼ 58.7%
peak €122,984 (2025)
€122,984▲ 8.5%
€282,166▲ 126%
Board1 name since 2021
1 directorOlivier BASTIN
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Gross margin from €44,982 to €20,141Result from €23,445 to €9,674Debts from €125,125 to €282,166Investments €218,543Cash from €32,882 to €12,120
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 30% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,830 companies (NACE 71, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.14, cash €12,120, halved
lowers risk
Size: total assets €405,150
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Figures for financial year 2025 (filed on 12-08-2026)
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 71, micro). It does better than 30% of them on solvency, 9% on liquidity, 27% on profitability and 55% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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, 17,041 companies had the same profile as ADVANCED CONCEPT SOLUTIONS has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADVANCED CONCEPT SOLUTIONS itself: 0.1% 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 17,041 companies, not a prediction for ADVANCED CONCEPT SOLUTIONS. 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
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.14 (1.16 in 2024), below 1. Short-term debt is 60.6% and cash 3% of total assets. 69.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 days late
2024
32 days early
2023
33 days early
2022
51 days early
2021
40 days early
2020
24 days early
2019
38 days early
← 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 30 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 29 June (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
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417793153
Appointment: Olivier BASTIN (director)
“À la location d'éco-gîtes,à l'écotourisme et aux voyages fondés sur la nature; Aux services dans le domaine de…” (deed in French) · General meeting of 19-03-2021 · Gazette deed
First establishment
Rue de Seron, Hempt. 14, Fernelmont
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADVANCED CONCEPT SOLUTIONS Fernelmont | €405,150 | €20,141 | 30.4% | - |
| cEdEkE Antwerp | €308,882 | €16,325 | 26.8% | - |
| Technic Design Schoten | €361,999 | €20,574 | 99.8% | - |
| DE MEIKLOKJES Puurs-Sint-Amands | €516,651 | €14,995 | 79.7% | - |
| ONTWERP- EN ARCHITECTENBUREAU LECLUYSE Waregem | €335,083 | €21,439 | 91.3% | - |
| NERVI Antwerp | €505,798 | €15,080 | 24.9% | - |
| BUREAU CALLEWAERT Overijse | €349,563 | €28,078 | 11.6% | - |
These companies have the same main activity as ADVANCED CONCEPT SOLUTIONS: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €309,000 and €517,000, founded between 1974 and 1990.
Official details
Source: KBO- Status
- Active since 22-12-1977Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Establishment unit
- 2.030.671.7395380 Fernelmont, since 18-06-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Insights on ADVANCED CONCEPT SOLUTIONS
ADVANCED CONCEPT SOLUTIONS files the abbreviated format. That format states no turnover. The gross margin rose from -€399 in 2006 to €20,141 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADVANCED CONCEPT SOLUTIONS
- What is the company number of ADVANCED CONCEPT SOLUTIONS?
- The company number of ADVANCED CONCEPT SOLUTIONS is 0417.793.153. The VAT number is the same number with BE in front: BE 0417.793.153.
- Where is ADVANCED CONCEPT SOLUTIONS based?
- The registered office is at Rue de Seron, Hempt. 14, 5380 Fernelmont.Company details
- What does ADVANCED CONCEPT SOLUTIONS do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of ADVANCED CONCEPT SOLUTIONS?
- ADVANCED CONCEPT SOLUTIONS is a private limited company (pre-2019) (BVBA).
- When was ADVANCED CONCEPT SOLUTIONS founded?
- ADVANCED CONCEPT SOLUTIONS was founded on 22-12-1977.
- Is ADVANCED CONCEPT SOLUTIONS still active?
- Yes, ADVANCED CONCEPT SOLUTIONS is an active enterprise in the KBO register.
- What is the turnover of ADVANCED CONCEPT SOLUTIONS?
- The turnover in financial year 2025 is ≈ €97,000. This figure is estimated from the gross margin of €20,141 and 47 comparable companies (NACE 71121). It probably lies between €62,000 and €220,000. It is a rough estimate.Financials
- Is ADVANCED CONCEPT SOLUTIONS profitable?
- In financial year 2025, ADVANCED CONCEPT SOLUTIONS made a profit of €9,674.
- Where can I find the annual accounts of ADVANCED CONCEPT SOLUTIONS?
- ADVANCED CONCEPT SOLUTIONS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADVANCED CONCEPT SOLUTIONS due?
- ADVANCED CONCEPT SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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