CONCELLENT
ActiveSummary
CONCELLENT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €661,665. Equity is growing by ~49.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-2
Solvency59▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.09 in 2024; short-term debt: 60.9% and cash: 0.3% of total assets), and 66% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
34%
Return on assets
8.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
10 d late
2022
15 d late
2021
34 d early
2020
19 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 company by total assets in Tervuren, Professional and technical services sector#9 company by equity in Tervuren, Professional and technical services sector
Equity
€2.6m▲ 34.1%
2024 · €1.9m
Total assets
€7.7m▲ 1.6%
2024 · €7.5m
Net result
€661,665▼ 16.1%
2024 · €788,560
Working capital
-€4.6m▲ 1.4%
2024 · -€4.7m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€367,718▼ 10.8%€152,898▼ 58.4%€670,087▲ 338%€1.1m▲ 67.8%€946,902▼ 15.8%
Net result€198,966▼ 25.7%€82,047▼ 58.8%€415,055▲ 406%€788,560▲ 90.0%€661,665▼ 16.1%
Equity€656,887▲ 34.6%€738,934▲ 12.5%€1.2m▲ 56.2%€1.9m▲ 68.3%€2.6m▲ 34.1%
Total assets€3.8m▼ 6.6%€8.0m▲ 109%€7.4m▼ 6.9%€7.5m▲ 1.5%€7.7m▲ 1.6%
Debt€3.2m▼ 12.2%€7.2m▲ 129%€6.3m▼ 13.4%€5.6m▼ 10.8%€5.1m▼ 9.7%
Working capital-€1.8m▲ 12.7%-€5.1m▼ 185%-€5.1m=-€4.7m▲ 8.2%-€4.6m▲ 1.4%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +90%, Equity +68% on 2023. Cause not known from the registers.
- 2023 Net result +406%, Equity +56% on 2022. Cause not known from the registers.
- 2022 Net result -59%, Total assets +109% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.7m
Fixed assets
€7.6m ▲ 7.8%
Current assets
€61,202 ▼ 87.4%
Equity and liabilities €7.7m
Equity
€2.6m ▲ 34.1%
Debt
€5.1m ▼ 9.7%
Debt's share of the balance-sheet total falls from 74.2% to 66.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.3m▼
2024 · €1.4m
Cash flow
€987,363▼
2024 · €1.1m
Current ratio
0.01▼
2024 · 0.09
Debt to equity
1.94▼
2024 · 2.88
ROE
25.4%▼
2024 · 40.6%
ROA
8.6%▼
2024 · 10.5%
Interest coverage
32.43▼
2024 · 41.91
Debt ≤ 1 year
€4.7m▼
2024 · €5.2m
Debt > 1 year
€355,092▼
2024 · €404,561
Income taxes
€253,632▼
2024 · €308,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.1%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,552 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €181,839 | €198,648 | €270,557 | €313,772 | €325,699 | ▲ 3.8% |
| Other operating charges640/8 | - | €349,293 | €68,460 | €22,269 | €101,165 | ▲ 354% |
| Non-recurring operating charges66A | - | €2,039 | €0 | - | - | - |
| Gross operating margin9900 | €558,205 | €702,879 | €1.0m | €1.5m | €1.4m | ▼ 5.9% |
| Operating profit (loss)9901 | €367,718 | €152,898 | €670,087 | €1.1m | €946,902 | ▼ 15.8% |
| Financial income75/76B | - | €142 | €0 | €6,875 | €7,638 | ▲ 11.1% |
| Recurring financial income75 | €115 | €142 | €0 | €6,875 | €7,638 | ▲ 11.1% |
| Financial charges65/66B | - | €11,728 | €26,462 | €34,309 | €39,243 | ▲ 14.4% |
| Recurring financial charges65 | €66,378 | €11,728 | €26,462 | €34,309 | €39,243 | ▲ 14.4% |
| Profit (loss) for the period before taxes9903 | €301,455 | €141,313 | €643,625 | €1.1m | €915,297 | ▼ 16.5% |
| Income taxes67/77 | €102,489 | €59,266 | €228,570 | €308,117 | €253,632 | ▼ 17.7% |
| Profit (loss) for the period9904 | €198,966 | €82,047 | €415,055 | €788,560 | €661,665 | ▼ 16.1% |
| Transfer to tax-exempt reserves689 | - | - | - | €421,000 | €315,750 | ▼ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €198,966 | €82,047 | €415,055 | €367,560 | €345,915 | ▼ 5.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €8.0m | €7.4m | €7.5m | €7.7m | ▲ 1.6% |
| Fixed assets21/28 | €3.1m | €6.4m | €6.7m | €7.0m | €7.6m | ▲ 7.8% |
| Tangible fixed assets22/27 | €3.1m | €6.4m | €6.7m | €7.0m | €7.5m | ▲ 7.3% |
| Land and buildings22 | - | €6.2m | €6.5m | €6.3m | €6.5m | ▲ 3.6% |
| Plant, machinery and equipment23 | - | €24,950 | €16,840 | €8,730 | €620 | ▼ 92.9% |
| Furniture and vehicles24 | - | €115,544 | €96,734 | €71,442 | €45,192 | ▼ 36.7% |
| Other tangible fixed assets26 | - | - | - | €5,450 | €5,450 | = |
| Assets under construction and advance payments27 | - | - | €51,749 | €622,685 | €941,765 | ▲ 51.2% |
| Financial fixed assets28 | €11,203 | €30,243 | €48,503 | €75,863 | €115,223 | ▲ 51.9% |
| Current assets29/58 | €720,419 | €1.6m | €677,577 | €487,349 | €61,202 | ▼ 87.4% |
| Amounts receivable within one year40/41 | €309,325 | €1.2m | €225,956 | €79,366 | €37,419 | ▼ 52.9% |
| Trade receivables40 | - | €1.2m | €225,956 | €46,002 | €37,200 | ▼ 19.1% |
| Other amounts receivable41 | - | €124 | €0 | €33,365 | €219 | ▼ 99.3% |
| Current investments50/53 | - | - | - | €305,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €411,094 | €425,565 | €450,100 | €35,343 | €22,108 | ▼ 37.4% |
| Deferred charges and accrued income490/1 | - | €1,076 | €1,521 | €67,640 | €1,675 | ▼ 97.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €8.0m | €7.4m | €7.5m | €7.7m | ▲ 1.6% |
| Equity10/15 | €656,887 | €738,934 | €1.2m | €1.9m | €2.6m | ▲ 34.1% |
| Contributions10/11 | €350,000 | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Capital10 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Issued capital100 | - | €350,000 | €350,000 | €350,000 | €350,000 | = |
| Reserves13 | €306,000 | €306,000 | €690,768 | €1.5m | €2.1m | ▲ 44.7% |
| Non-distributable reserves130/1 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Legal reserve130 | - | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Tax-exempt reserves132 | - | - | - | €421,000 | €736,750 | ▲ 75.0% |
| Distributable reserves133 | - | €271,000 | €655,768 | €1.0m | €1.4m | ▲ 33.8% |
| Profit (loss) carried forward14 | €887 | €82,934 | €113,768 | €113,768 | €113,768 | = |
| Amounts payable17/49 | €3.2m | €7.2m | €6.3m | €5.6m | €5.1m | ▼ 9.7% |
| Amounts payable after more than one year17 | €641,150 | €562,583 | €483,727 | €404,561 | €355,092 | ▼ 12.2% |
| Financial debts170/4 | - | €562,583 | €483,727 | €404,561 | €355,092 | ▼ 12.2% |
| Amounts payable within one year42/48 | €2.5m | €6.7m | €5.8m | €5.2m | €4.7m | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | - | €78,567 | €78,856 | €79,166 | €49,469 | ▼ 37.5% |
| Trade debts44 | €19,952 | €25,709 | €43,207 | €1,684 | €116,274 | ▲ 6,806% |
| Suppliers440/4 | - | €25,709 | €43,207 | €1,684 | €116,274 | ▲ 6,806% |
| Advances received on contracts in progress46 | - | - | €242,000 | €181,500 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €27,611 | €74,438 | €74,062 | €52,565 | ▼ 29.0% |
| Taxes450/3 | - | €27,611 | €74,438 | €74,062 | €52,565 | ▼ 29.0% |
| Other amounts payable47/48 | - | €6.5m | €5.3m | €4.8m | €4.4m | ▼ 7.8% |
| Accrued charges and deferred income492/3 | - | - | €19,875 | €33,415 | €34,888 | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €198,966 | €82,047 | €415,055 | €788,560 | €661,665 | ▼ 16.1% |
| + Depreciation and write-downs630 | €181,839 | €198,648 | €270,557 | €313,772 | €325,699 | ▲ 3.8% |
| Operating cash flow (approximation) | €380,805 | €280,695 | €685,612 | €1.1m | €987,363 | ▼ 10.4% |
| Investment in fixed assets (approximation) | - | -€3.5m | -€625,285 | -€618,518 | -€873,015 | ▼ 41.1% |
| Change in cash | - | €14,470 | €24,535 | -€414,757 | -€13,234 | ▲ 96.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €2mEq €2.6m ▲34.1%
7 profitable years in a row build equity to €2.6m.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
11-07
State Gazette act
General meeting · Director resignation
Director reappointment · Permanent representative
31-03
Financial
Highest result since 2019net €788,560 ▲90%
Operating result €1.1m, net result €788,560, both a record.
2023
14-12
State Gazette act
General meeting · Dissolution
Director resignation · Director appointment
10-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 10 days late
31-03
Financial
Equity above €1mEq €1.2m ▲56.2%
5 profitable years in a row build equity to €1.2m.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 15 days late
17-10
State Gazette act
General meeting · Director reappointment
Permanent representative
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €500,000Eq €656,887 ▲34.6%
3 profitable years in a row build equity to €656,887.
Show earlier events
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
15-10
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-10
State Gazette act
Board meeting · Director resignation
General meeting · Director reappointment
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Tervuren · 1 establishment unit since 2005
Ground area
194 m²
Building footprint
194 m²
Volume, LiDAR
1,258 m³
Parcel 24302G0041/00C005, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Concellent
since 20052.149.544.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302G0041/00C005 | Flanders | 194 m² | 1 · 194 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
699400IWFX9C2XOEUV80
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 17,240 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-06-2005
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874495976
Also
9925:BE0874495976
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.