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BGT concept

Active
Private limited companyfounded 2019active for 7 yearsOevelseweg 62, 2250 Olen, BelgiumKBO/BCE: BE 0726.544.351

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BGT concept has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,142 and a net result of €9,996. Equity has been growing by about 17% per year since 2020. Its solvency ranks better than 94% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 08-05-2019 Normal situation
Activity
General electrical installation work NACE 43211and 3 others
Establishment unit
2.288.965.220 2250 Olen, since 08-05-2019
Financial year end
31 December
Peppol
Reachable since 10-06-2025

Board and ownership

Board
  • Gielis KristofDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€33,824
▲ 53.0%
Turnover
≈ €160,000
estimated
Profit
€9,996
▲ 712%
Equity
€142,142
▲ 7.6%
Total assets
€156,397
▼ 3.2%
Filed on 17-06-2026, 44 days before the deadlineat the National Bank
Score breakdownraises riskSize: total assets €156,397Founded in 2019Sector: Specialised construction activities (NACE 43)lowers riskEquity €142,142 (90.9% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 90.9% of total assets
Liquidity 57-20
short-term debt 3.5% · cash 5.7%
Profitability 77+7
return on assets 6.4%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 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: 0.3%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 17.73 (5.14 in 2024), above the usual 1.5. Short-term debt is 3.5% and cash 5.7% of total assets. 9.1% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 54% on liquidity, 52% on profitability and 51% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €156,397
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €142,142 (90.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
44 days early
2024
31 days early
2023
35 days early
2022
21 days early
2021
17 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 30 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 94% of companies in specialised constructionsector median 46.7% · 34,902 companies 90.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2025: €9,996 6 years View

Comparable companies

These companies have the same main activity as BGT concept: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €137,000 and €171,000, founded between 2017 and 2020.

CompanyTotal assetsGross margin
BGT concept Olen€156,397€33,824
VeWe Elektro Dessel€169,801€31,178
Wire-up Beerse€136,649€31,304
Inspecta Wommelgem€170,759€36,040
AV SERVICES Kontich€161,502€39,299
Umatec Scherpenheuvel-Zichem€157,725€32,252
DAT-ELEC Wavre€143,718€33,913
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about BGT concept

What is the company number of BGT concept?
The company number of BGT concept is 0726.544.351. The VAT number is the same number with BE in front: BE 0726.544.351.
Where is BGT concept based?
The registered office is at Oevelseweg 62, 2250 Olen.Company details
What does BGT concept do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of BGT concept?
The legal form of BGT concept is Private limited company (BV).
When was BGT concept founded?
BGT concept was founded on 08-05-2019.
Is BGT concept still active?
Yes, BGT concept is an active enterprise in the KBO register.
What is the turnover of BGT concept?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €33,824 and 45 comparable companies (NACE 43211). It probably lies between €110,000 and €240,000.Financials
Is BGT concept profitable?
In financial year 2025, BGT concept made a profit of €9,996.
Where can I find the annual accounts of BGT concept?
BGT concept filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BGT concept due?
BGT concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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