Equity
€3.1m ▲ 20.8%
CONCELLENT has made a profit without a break since 2017.
CONCELLENT
Lifetime
20 annual accounts with figures on one time axispeak €1.5m (2024)
€1.4m▲ 2.2%
lowest -€152,697 (2007)
€541,863▼ 18.1%
peak €3.1m (2026)
€3.1m▲ 20.8%
€6.3m▲ 24.1%
peak 0 FTE (2023)
0 FTE
Board2 names since 2017
2 directorsJoseph Baert and 1 other
Owners
Documentsfilings and deeds
30-10-20261 day before the deadline
2026financial year
Equity from €2.6m to €3.1mDebts from €5.1m to €6.3mInvestments €1.7mCash from €22,108 to €91,617
Key points
from the 2026 annual accountsInvestments
€1.7m 3.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 153.8% higher than in 2025.
Filings
20 annual accounts since 2007
Two of the last ten came late. The 2022 accounts came latest: 15 days after the end of the period.
Checked score
93
Excellent
Financially stronger than 47% of small companies in head offices and management consultancy (NACE 70)
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 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
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: 0.1%● 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%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.11, cash €91,617
lowers risk
Size: total assets €9.4m
Figures for financial year 2026 (filed on 30-10-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, small). It does better than 33% of them on solvency, 8% on liquidity, 71% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-03-2026.
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, 1,579 companies had the same profile as CONCELLENT has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of CONCELLENT 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 1,579 companies, not a prediction for CONCELLENT. 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 €290,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.01 in 2025), below 1. Short-term debt is 62.1% and cash 1% of total assets. 66.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
1 day early
2025
1 day early
2024
2 days early
2023
10 days late
2022
15 days late
2021
34 days early
2020
19 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 5 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 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 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874495976
2 directors appointed, 2 reappointments
Reappointments: Joseph Baert and Sofie Boone · Appointments: Joseph Baert (managing director) and Sofie Boone (managing director) · General meeting of 04-06-2024 · Gazette deed
First establishment
Jan Van Boendalelaan 7, Tervuren
Incorporation
published on 23-06-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONCELLENT Tervuren | €9.4m | €1.4m | 33.4% | 0 |
| TOM DECLERCQ Ixelles | €9.0m | €1.6m | 71.2% | 0 |
| TABEMARI Koksijde | €8.5m | €1.2m | 40.6% | 0 |
| WOUTER TORFS Berlaar | €11.8m | €1.4m | 55.7% | 0 |
| PHILIPPE ROUSSEL Asse | €8.2m | €1.8m | 97.0% | 0 |
| SILEX Grimbergen | €9.2m | €2.0m | 96.9% | 0 |
| BEYAERT INVESTMENT Zwevegem | €9.8m | €1.6m | 90.0% | 0 |
These companies have the same main activity as CONCELLENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €8.2m and €12m, founded between 2000 and 2008.
Official details
Source: KBO- Status
- Active since 09-06-2005Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.149.544.5463080 Tervuren, since 21-10-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 23-10-2025
Annual accounts to 31-03-2026
- ≈ €2.6mestimated
- €9.4m▲ 23.0%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on CONCELLENT
CONCELLENT has existed since 2005. In 2020 the gross margin rose from €161,052 to €810,241.
In July 2024, the Official Gazette published the appointment of Joseph Baert as managing director.
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 CONCELLENT
- What is the company number of CONCELLENT?
- The company number of CONCELLENT is 0874.495.976. The VAT number is the same number with BE in front: BE 0874.495.976.
- Where is CONCELLENT based?
- The registered office is at Jan Van Boendalelaan 7, 3080 Tervuren.Company details
- What does CONCELLENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CONCELLENT?
- CONCELLENT is a public limited company (NV).
- When was CONCELLENT founded?
- CONCELLENT was founded on 09-06-2005.
- Is CONCELLENT still active?
- Yes, CONCELLENT is an active enterprise in the KBO register.
- What is the turnover of CONCELLENT?
- The turnover in financial year 2026 is ≈ €2.6m. This figure is estimated from the gross margin of €1.4m and 36 comparable companies (NACE 70200). It probably lies between €1.8m and €3.4m.Financials
- Is CONCELLENT profitable?
- In financial year 2026, CONCELLENT made a profit of €541,863.
- Where can I find the annual accounts of CONCELLENT?
- CONCELLENT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of CONCELLENT due?
- CONCELLENT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.