Equity
€22,786 from €107,665 in 2021
Equity fell by 79% in 4 years.
CONCEPT ENGINEERING
Lifetime
13 annual accounts with figures on one time axispeak €125,962 (2024)
€59,912▼ 52.4%
lowest -€44,392 (2025)
-€44,392▼ €65,714
peak €107,665 (2021)
€22,786▼ 66.1%
€98,789▲ 22.4%
Board2 names since 2012
1 directorBRUYNS Gerry Albert Mathilde
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €125,962 to €59,912Loss of €44,392Equity from €67,178 to €22,786Debts from €80,686 to €98,789Cash from €750 to €0
Key points
from the 2025 annual accountsResult
-€44,392 -€44,392
From profit to loss in 2025, after a profit of €21,322 in 2024.
Debts
€98,789 81% of the balance sheet
Financial debts 18%Suppliers 8%Taxes and wages 69%Other 4%
Investments
€13,321 2.0 × depreciation
Green is investment, beige is depreciation.
Filings
13 annual accounts since 2013
Six of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
Position in the sector
-€44,392
Lower net result than 95% of companies in architecture and engineering. Sector median €16,709 · 11,795 companies.
Checked score
53
Fair
Financially stronger than 9% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%▼ -0.1 percentage points vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.6 percentage points vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.6 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Liquidity: current ratio 1.10, cash €0, halved
Loss of €44,392 (financial year 2025)
lowers risk
Size: total assets €121,575
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
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 21% of them on solvency, 4% on liquidity, 4% on profitability and 8% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 1,294 companies had the same profile as CONCEPT ENGINEERING has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CONCEPT ENGINEERING itself is lower: 0.8% within 12 months. It rests on far more data about CONCEPT ENGINEERING than the profile alone.
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 1,294 companies, not a prediction for CONCEPT ENGINEERING. 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 €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.1 (1.54 in 2024), below the usual 1.5. Short-term debt is 81.3% and cash 0% of total assets. 81.3% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 11794 sector peers (2025).
NBB · sector comparisonPosition among 11794 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 days early
2024
7 days early
2023
on the day
2022
29 days late
2021
27 days early
2020
9 days late
2019
91 days late
← 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 13 days after 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 28 July (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0846472082
Change of role: BRUYNS Gerry Albert Mathilde, from manager and director to director
Director discharge: BRUYNS Gerry Albert Mathilde · General meeting of 12-12-2023 · Gazette deed
Resignation: Annick Lembrechts (director)
Appointment: Gerry Bruyns (director) · General meeting of 01-04-2020 · Gazette deed
New manager
Annick Lembrechts appointed, Gerry Bruyns resigned · Director discharge: Gerry Bruyns (manager) · General meeting of 28-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONCEPT ENGINEERING Kontich | €121,575 | €59,912 | 18.7% | - |
| ENGIN Antwerp | €129,178 | €47,362 | 95.4% | - |
| HUMBLET-TEC Gesves | €126,638 | €59,459 | 46.8% | - |
| MV CONCEPT Grimbergen | €137,292 | €58,084 | 21.3% | - |
| CAUTERMAN PROJECTS Maarkedal | €106,391 | €62,539 | 50.4% | - |
| CURRO CERTIF Frameries | €104,584 | €54,832 | 81.6% | 1 |
| TECHNIQUES SPECIALES LEBLANC Pepinster | €119,492 | €49,533 | 80.7% | - |
These companies have the same main activity as CONCEPT ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €105,000 and €137,000, founded between 2011 and 2012.
Official details
Source: KBO- Status
- Active since 06-06-2012Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.210.941.2892550 Kontich, since 06-06-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2026
Annual accounts 2025
- ≈ €130,000estimated
- €121,575▼ 17.8%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on CONCEPT ENGINEERING
CONCEPT ENGINEERING files the micro format. That format states no turnover. The gross margin rose from €14,249 in 2013 to €59,912 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 CONCEPT ENGINEERING
- What is the company number of CONCEPT ENGINEERING?
- The company number of CONCEPT ENGINEERING is 0846.472.082. The VAT number is the same number with BE in front: BE 0846.472.082.
- Where is CONCEPT ENGINEERING based?
- The registered office is at Bautersemstraat 55, 2550 Kontich.Company details
- What does CONCEPT ENGINEERING 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 CONCEPT ENGINEERING?
- CONCEPT ENGINEERING is a private limited company (BV).
- When was CONCEPT ENGINEERING founded?
- CONCEPT ENGINEERING was founded on 06-06-2012.
- Is CONCEPT ENGINEERING still active?
- Yes, CONCEPT ENGINEERING is an active enterprise in the KBO register.
- How many employees does CONCEPT ENGINEERING have?
- CONCEPT ENGINEERING had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CONCEPT ENGINEERING fall under?
- In its 2025 annual accounts, CONCEPT ENGINEERING states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of CONCEPT ENGINEERING?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €59,912 and 45 comparable companies (NACE 711). It probably lies between €99,000 and €180,000.
- Is CONCEPT ENGINEERING profitable?
- In financial year 2025, CONCEPT ENGINEERING made a loss of €44,392.
- Where can I find the annual accounts of CONCEPT ENGINEERING?
- CONCEPT ENGINEERING filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONCEPT ENGINEERING due?
- CONCEPT ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.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.