CONCEPT ENGINEERING
ActiveSummary
The annual accounts of CONCEPT ENGINEERING for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €23k and a net result of €-44k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 21% of 9494 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-67
Solvency44▼-26
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1 against 1.54 in 2024; short-term debt: 81.3% and cash: 0% of total assets), and 81.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.7%
Return on assets
-36.5%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9494 sector peers (2025).
NBB · sector comparisonPosition among 9494 sector peers
Solvency
better than 21%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
on the day
2022
29 d late
2021
27 d early
2020
9 d late
2019
91 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 66.1%
2024 · €67k
2018: €51k
2019: €65k▲ +28.2% vs 2018
2020: €92k▲ +41.9% vs 2019
2021: €108k▲ +16.6% vs 2020highest in 8 years
2022: €85k▼ -20.7% vs 2021
2023: €46k▼ -46.3% vs 2022
2024: €67k▲ +46.5% vs 2023
2025: €23k▼ -66.1% vs 2024lowest in 8 years
2018 → 2025
Total assets
€122k▼ 17.8%
2024 · €148k
2018: €100klowest in 8 years
2019: €140k▲ +39.7% vs 2018
2020: €151k▲ +8.2% vs 2019highest in 8 years
2021: €134k▼ -11.8% vs 2020
2022: €144k▲ +7.6% vs 2021
2023: €132k▼ -8.2% vs 2022
2024: €148k▲ +12.1% vs 2023
2025: €122k▼ -17.8% vs 2024
2018 → 2025
Net result
€-44k
2024 · €21k
2018: €10k
2019: €14k▲ +50.1% vs 2018
2020: €27k▲ +90.8% vs 2019highest in 8 years
2021: €15k▼ -43.9% vs 2020
2022: €-22k▼ -245% vs 2021
2023: €-40k▼ -77.6% vs 2022
2024: €21k▲ +154% vs 2023
2025: €-44k▼ -308% vs 2024lowest in 8 years
2018 → 2025
Working capital
€10k▼ 77.2%
2024 · €43k
2018: €43k
2019: €57k▲ +33.2% vs 2018
2020: €76k▲ +33.7% vs 2019
2021: €84k▲ +11.3% vs 2020highest in 8 years
2022: €52k▼ -38.5% vs 2021
2023: €18k▼ -65.7% vs 2022
2024: €43k▲ +144% vs 2023
2025: €10k▼ -77.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€85k▼ 20.7%€46k▼ 46.3%€67k▲ 46.5%€23k▼ 66.1%
2021: €108khighest in 5 years
2022: €85k▼ -20.7% vs 2021
2023: €46k▼ -46.3% vs 2022
2024: €67k▲ +46.5% vs 2023
2025: €23k▼ -66.1% vs 2024lowest in 5 years
Operating result€31k-€-19k€-30k▼ 56.1%€30k€-36k
2021: €31khighest in 5 years
2022: €-19k▼ -163% vs 2021
2023: €-30k▼ -56.1% vs 2022
2024: €30k▲ +199% vs 2023
2025: €-36k▼ -221% vs 2024lowest in 5 years
Net result€15k-€-22k€-40k▼ 77.6%€21k€-44k
2021: €15k
2022: €-22k▼ -245% vs 2021
2023: €-40k▼ -77.6% vs 2022
2024: €21k▲ +154% vs 2023highest in 5 years
2025: €-44k▼ -308% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €36k after €30k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€13k ▼ 45.8%
Current assets
€109k ▼ 12.4%
Equity and liabilities €122k
Equity
€23k ▼ 66.1%
Debt
€99k ▲ 22.4%
Debt's share of the balance-sheet total rises from 54.6% to 81.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-30k▼
2024 · €39k
Cash flow
€-38k▼
2024 · €31k
Current ratio
1.10▼
2024 · 1.54
Debt to equity
4.34▲
2024 · 1.20
ROE
-194.8%▼
2024 · 31.7%
ROA
-36.5%▼
2024 · 14.4%
Interest coverage
-3.01▼
2024 · 3.58
Debt ≤ 1 year
€99k▲
2024 · €81k
Income taxes
€451▲
2024 · €343
Staff costs
€85k▲
2024 · €84k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€148k€122k▼
Fixed assets21/28€24k€13k▼
Intangible fixed assets21€2k€315▼
Tangible fixed assets22/27€22k€13k▼
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€6k€0▼
Current assets29/58€124k€109k▼
Amounts receivable after more than one year29€75k€77k▲
Other amounts receivable291€75k€77k▲
Amounts receivable within one year40/41€49k€32k▼
Trade receivables40€36k€32k▼
Other amounts receivable41€12k€138▼
Cash at bank and in hand54/58€750€0▼
Deferred charges and accrued income490/1€216€0▼
Equity and liabilities
Total equity and liabilities10/49€148k€122k▼
Equity10/15€67k€23k▼
Contributions10/11€19k€19k=
Reserves13€82k€82k=
Distributable reserves133€82k€82k=
Profit (loss) carried forward14€-34k€-78k▼
Amounts payable17/49€81k€99k▲
Amounts payable within one year42/48€81k€99k▲
Financial debts43€12k€18k▲
Credit institutions430/8€12k€18k▲
Trade debts44€12k€8k▼
Suppliers440/4€12k€8k▼
Taxes, remuneration and social security45€57k€68k▲
Taxes450/3€46k€42k▼
Remuneration and social security454/9€11k€26k▲
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€84k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€126k€60k▼
Operating profit (loss)9901€30k€-36k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€22k€-44k▼
Income taxes67/77€343€451▲
Profit (loss) for the period9904€21k€-44k▼
Profit (loss) for the period to be appropriated9905€21k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-78k▼
Profit (loss) brought forward from the previous period14P€-55k€-34k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €20k | €67k | €84k | €85k | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €10k | €9k | €7k | ▼ 30.2% |
| Other operating charges640/8 | €1k | €867 | €5k | €3k | €5k | ▲ 70.8% |
| Gross operating margin9900 | €37k | €9k | €51k | €126k | €60k | ▼ 52.4% |
| Operating profit (loss)9901 | €31k | €-19k | €-30k | €30k | €-36k | ▼ 221% |
| Financial income75/76B | €2k | €2k | €2k | €3k | €2k | ▼ 7.9% |
| Recurring financial income75 | €2k | €2k | €2k | €3k | €2k | ▼ 7.9% |
| Financial charges65/66B | €11k | €5k | €11k | €11k | €10k | ▼ 9.8% |
| Recurring financial charges65 | €11k | €5k | €11k | €11k | €10k | ▼ 9.8% |
| Profit (loss) for the period before taxes9903 | €22k | €-22k | €-39k | €22k | €-44k | ▼ 303% |
| Income taxes67/77 | €7k | €289 | €431 | €343 | €451 | ▲ 31.7% |
| Profit (loss) for the period9904 | €15k | €-22k | €-40k | €21k | €-44k | ▼ 308% |
| Profit (loss) for the period to be appropriated9905 | €15k | €-22k | €-40k | €21k | €-44k | ▼ 308% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134k | €144k | €132k | €148k | €122k | ▼ 17.8% |
| Fixed assets21/28 | €23k | €33k | €28k | €24k | €13k | ▼ 45.8% |
| Intangible fixed assets21 | - | - | €3k | €2k | €315 | ▼ 79.6% |
| Tangible fixed assets22/27 | €23k | €33k | €26k | €22k | €13k | ▼ 43.5% |
| Plant, machinery and equipment23 | €22k | €22k | €17k | €16k | €13k | ▼ 23.4% |
| Furniture and vehicles24 | €575 | €11k | €8k | €6k | €0 | ▼ 100% |
| Other tangible fixed assets26 | €463 | €232 | €0 | - | - | - |
| Current assets29/58 | €110k | €110k | €103k | €124k | €109k | ▼ 12.4% |
| Amounts receivable after more than one year29 | €68k | €70k | €72k | €75k | €77k | ▲ 3.0% |
| Other amounts receivable291 | €68k | €70k | €72k | €75k | €77k | ▲ 3.0% |
| Amounts receivable within one year40/41 | €31k | €38k | €30k | €49k | €32k | ▼ 34.3% |
| Trade receivables40 | €23k | €36k | €26k | €36k | €32k | ▼ 12.2% |
| Other amounts receivable41 | €8k | €1k | €4k | €12k | €138 | ▼ 98.9% |
| Cash at bank and in hand54/58 | €11k | €650 | €250 | €750 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €807 | €2k | €378 | €216 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134k | €144k | €132k | €148k | €122k | ▼ 17.8% |
| Equity10/15 | €108k | €85k | €46k | €67k | €23k | ▼ 66.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €89k | €82k | €82k | €82k | €82k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €87k | €81k | €82k | €82k | €82k | = |
| Profit (loss) carried forward14 | - | €-16k | €-55k | €-34k | €-78k | ▼ 131% |
| Amounts payable17/49 | €26k | €58k | €86k | €81k | €99k | ▲ 22.4% |
| Amounts payable within one year42/48 | €26k | €58k | €86k | €81k | €99k | ▲ 22.4% |
| Financial debts43 | €222 | €20k | €14k | €12k | €18k | ▲ 56.1% |
| Credit institutions430/8 | €222 | €20k | €14k | €12k | €18k | ▲ 56.1% |
| Trade debts44 | €4k | €9k | €16k | €12k | €8k | ▼ 32.7% |
| Suppliers440/4 | €4k | €9k | €16k | €12k | €8k | ▼ 32.7% |
| Taxes, remuneration and social security45 | €22k | €30k | €56k | €57k | €68k | ▲ 20.2% |
| Taxes450/3 | €22k | €22k | €36k | €46k | €42k | ▼ 7.5% |
| Remuneration and social security454/9 | - | €8k | €21k | €11k | €26k | ▲ 131% |
| Other amounts payable47/48 | - | - | - | - | €4k | - |
| Accrued charges and deferred income492/3 | - | - | €384 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €-22k | €-40k | €21k | €-44k | ▼ 308% |
| + Depreciation and write-downs630 | €4k | €8k | €10k | €9k | €7k | ▼ 30.2% |
| Operating cash flow (approximation) | €20k | €-15k | €-30k | €31k | €-38k | ▼ 223% |
| Investment in fixed assets (approximation) | - | €-18k | €-5k | €-5k | €4k | ▲ 192% |
| Change in cash | - | €-10k | €-400 | €500 | €-750 | ▼ 250% |
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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €108k ▲16.6%
4 profitable years in a row build equity to €108k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Highest result since 2018net €27k ▲90.8%
Operating result €66k, net result €27k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Kontich · 1 establishment unit since 2012
Ground area
401 m²
Parcel 11602C0030/00S004, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SECTION-CUTTER
since 20122.210.941.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0030/00S004 | Flanders | 401 m² | - | - |
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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,154 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62200Computer consultancy and computer facilities management
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.