Concept NB
ActiveSummary
The computed 12-month bankruptcy probability of Concept NB is 2.0% (moderate). The 2025 annual accounts show equity of €65,586 and a net result of €8,540. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 28254 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+9
Solvency52▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.9 in 2024; short-term debt: 38.7% and cash: 0% of total assets), but 73.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
26.9%
Return on assets
3.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
29 d late
2024
29 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
91 d late
← 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 38 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€65,586▲ 0.1%
2024 · €65,546
Total assets
€244,038▼ 3.3%
2024 · €252,495
Net result
€8,540▲ 293%
2024 · €2,175
Working capital
€125,925▲ 39.3%
2024 · €90,413
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,123▼ 88.4%€63,781▲ 795%€170,231▲ 167%€16,227▼ 90.5%€23,142▲ 42.6%
Net result€475below the sector's middle half▼ 98.9%€36,981above the sector's middle half▲ 7,686%€113,542above the sector's middle half▲ 207%€2,175within the sector's middle half▼ 98.1%€8,540within the sector's middle half▲ 293%
Equity€32,847within the sector's middle half▲ 1.5%€59,829within the sector's middle half▲ 82.1%€63,371within the sector's middle half▲ 5.9%€65,546within the sector's middle half▲ 3.4%€65,586within the sector's middle half▲ 0.1%
Total assets€151,099within the sector's middle half▲ 23.1%€571,500above the sector's middle half▲ 278%€291,834within the sector's middle half▼ 48.9%€252,495within the sector's middle half▼ 13.5%€244,038within the sector's middle half▼ 3.3%
Debt€118,252▲ 30.8%€511,671▲ 333%€228,463▼ 55.3%€186,949▼ 18.2%€178,452▼ 4.5%
Working capital€18,222within the sector's middle half▲ 89.5%€460,022above the sector's middle half▲ 2,425%€54,619within the sector's middle half▼ 88.1%€90,413within the sector's middle half▲ 65.5%€125,925above the sector's middle half▲ 39.3%
Solvency21.7%below the sector's middle half▼ 4.6pp10.5%below the sector's middle half▼ 11.3pp21.7%below the sector's middle half▲ 11.2pp26.0%within the sector's middle half▲ 4.2pp26.9%within the sector's middle half▲ 0.9pp
Current ratio1.20within the sector's middle half▲ 0.106.45above the sector's middle half▲ 5.241.25within the sector's middle half▼ 5.201.90within the sector's middle half▲ 0.652.33within the sector's middle half▲ 0.43
Return on assets (ROA)0.3%below the sector's middle half▼ 35.1pp6.5%within the sector's middle half▲ 6.2pp38.9%above the sector's middle half▲ 32.4pp0.9%within the sector's middle half▼ 38.0pp3.5%within the sector's middle half▲ 2.6pp
Staff (FTE)11=1=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244,038
Fixed assets
€23,672 ▼ 61.6%
Current assets
€220,366 ▲ 15.5%
Equity and liabilities €244,038
Equity
€65,586 ▲ 0.1%
Debt
€178,452 ▼ 4.5%
Debt's share of the balance-sheet total falls from 74.0% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,685▲
2024 · €26,770
Cash flow
€21,083▲
2024 · €12,718
Quick ratio
2.27▲
2024 · 1.89
Debt to equity
2.72▼
2024 · 2.85
ROE
13.0%▲
2024 · 3.3%
Interest coverage
2.55▲
2024 · 1.85
Debt ≤ 1 year
€94,441▼
2024 · €100,366
Debt > 1 year
€84,011▲
2024 · €67,352
Income taxes
€950▲
2024 · -€290
Staff costs
€21,735▼
2024 · €30,862
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,273 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.1%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,662 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% | 1.7% |
| 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 75% 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 3,273 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €17,784 | €22,917 | €29,778 | €30,862 | €21,735 | ▼ 29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,153 | €15,691 | €8,941 | €10,543 | €12,543 | ▲ 19.0% |
| Other operating charges640/8 | €1,551 | €764 | €5,227 | €14,546 | €7,273 | ▼ 50.0% |
| Non-recurring operating charges66A | - | - | - | - | €25,000 | - |
| Gross operating margin9900 | €37,611 | €103,153 | €214,176 | €72,178 | €89,693 | ▲ 24.3% |
| Operating profit (loss)9901 | €7,123 | €63,781 | €170,231 | €16,227 | €23,142 | ▲ 42.6% |
| Financial income75/76B | - | - | €1,010 | €133 | €338 | ▲ 155% |
| Recurring financial income75 | - | - | €1,010 | €133 | €338 | ▲ 155% |
| Financial charges65/66B | €5,031 | €14,633 | €23,339 | €14,474 | €13,991 | ▼ 3.3% |
| Recurring financial charges65 | €5,031 | €14,633 | €23,339 | €14,474 | €13,991 | ▼ 3.3% |
| Profit (loss) for the period before taxes9903 | €2,092 | €49,149 | €147,902 | €1,885 | €9,490 | ▲ 403% |
| Income taxes67/77 | €1,617 | €12,167 | €34,360 | -€290 | €950 | ▲ 427% |
| Profit (loss) for the period9904 | €475 | €36,981 | €113,542 | €2,175 | €8,540 | ▲ 293% |
| Profit (loss) for the period to be appropriated9905 | €475 | €36,981 | €113,542 | €2,175 | €8,540 | ▲ 293% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151,099 | €571,500 | €291,834 | €252,495 | €244,038 | ▼ 3.3% |
| Formation expenses20 | - | €0 | €0 | - | - | - |
| Fixed assets21/28 | €42,708 | €27,017 | €18,076 | €61,716 | €23,672 | ▼ 61.6% |
| Tangible fixed assets22/27 | €42,708 | €27,017 | €18,076 | €61,716 | €23,672 | ▼ 61.6% |
| Land and buildings22 | - | - | - | €20,461 | €18,330 | ▼ 10.4% |
| Plant, machinery and equipment23 | - | €0 | €0 | - | - | - |
| Furniture and vehicles24 | €42,708 | €27,017 | €18,076 | €41,256 | €5,342 | ▼ 87.1% |
| Current assets29/58 | €108,391 | €544,483 | €273,757 | €190,779 | €220,366 | ▲ 15.5% |
| Stocks and contracts in progress3 | €1,803 | €187,971 | €614 | €1,245 | €6,023 | ▲ 384% |
| Stocks30/36 | €1,803 | €187,971 | €614 | €1,245 | €6,023 | ▲ 384% |
| Amounts receivable within one year40/41 | €75,343 | €356,500 | €273,140 | €189,534 | €213,407 | ▲ 12.6% |
| Trade receivables40 | €69,878 | €355,000 | €156,000 | €19,877 | €20,382 | ▲ 2.5% |
| Other amounts receivable41 | €5,465 | €1,500 | €117,140 | €169,657 | €193,024 | ▲ 13.8% |
| Cash at bank and in hand54/58 | €31,245 | €12 | €3 | €0 | €73 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €863 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151,099 | €571,500 | €291,834 | €252,495 | €244,038 | ▼ 3.3% |
| Equity10/15 | €32,847 | €59,829 | €63,371 | €65,546 | €65,586 | ▲ 0.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Reserves13 | €182 | €182 | €182 | €182 | €182 | = |
| Non-distributable reserves130/1 | €182 | €182 | €182 | €182 | €182 | = |
| Reserves not available under the articles1311 | €182 | €182 | €182 | €182 | €182 | = |
| Profit (loss) carried forward14 | €26,465 | €53,447 | €56,988 | €59,164 | €59,203 | ▲ 0.1% |
| Amounts payable17/49 | €118,252 | €511,671 | €228,463 | €186,949 | €178,452 | ▼ 4.5% |
| Amounts payable after more than one year17 | €28,083 | €427,210 | €9,324 | €67,352 | €84,011 | ▲ 24.7% |
| Financial debts170/4 | €28,083 | €427,210 | €9,324 | €67,352 | €84,011 | ▲ 24.7% |
| Amounts payable within one year42/48 | €90,169 | €84,461 | €219,139 | €100,366 | €94,441 | ▼ 5.9% |
| Current portion of amounts payable after more than one year42 | €4,490 | €5,107 | €4,497 | €11,879 | €25,576 | ▲ 115% |
| Financial debts43 | €48,457 | €45,878 | €43,344 | €38,566 | €47,200 | ▲ 22.4% |
| Credit institutions430/8 | €48,457 | €45,878 | €43,344 | €38,566 | €47,200 | ▲ 22.4% |
| Trade debts44 | €17,827 | €3,264 | €14,720 | €16,103 | €5,937 | ▼ 63.1% |
| Suppliers440/4 | €17,827 | €3,264 | €14,720 | €16,103 | €5,937 | ▼ 63.1% |
| Taxes, remuneration and social security45 | €11,760 | €19,052 | €46,578 | €33,817 | €7,229 | ▼ 78.6% |
| Taxes450/3 | €9,599 | €17,461 | €44,655 | €32,732 | €5,890 | ▼ 82.0% |
| Remuneration and social security454/9 | €2,161 | €1,591 | €1,924 | €1,085 | €1,338 | ▲ 23.4% |
| Other amounts payable47/48 | €7,635 | €11,160 | €110,000 | €0 | €8,500 | - |
| Accrued charges and deferred income492/3 | - | - | - | €19,231 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €475 | €36,981 | €113,542 | €2,175 | €8,540 | ▲ 293% |
| + Depreciation and write-downs630 | €11,153 | €15,691 | €8,941 | €10,543 | €12,543 | ▲ 19.0% |
| Operating cash flow (approximation) | €11,628 | €52,672 | €122,483 | €12,718 | €21,083 | ▲ 65.8% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€54,183 | €25,501 | ▲ 147% |
| Change in cash | - | -€31,233 | -€8 | -€3 | €73 | ▲ 2,276% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2019net €113,542 ▲207%
Operating result €170,231, net result €113,542, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity times 5current ratio 6.45
Current ratio from 1.20 to 6.45; short-term debt falls from €90,169 to €84,461.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €475 ▼98.9%
Net result drops to €475, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.11
Current ratio from 0.36 to 1.11.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Seneffe · 1 establishment unit since 2019
Ground area
225 m²
Building footprint
159 m²
Parcel 52020C0528/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Concept NB
since 20192.285.136.193
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52020C0528/00G000 | Wallonia | 225 m² | 1 · 159 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.
Similar companies · same sector, comparable size
M&N CARRELAGE
BE 0681.493.393
Mons · Eq €65,545
T.D.M
BE 0678.939.523
Ravels · Eq €65,675
ESPACE CARRELAGES
BE 0465.431.140
Sambreville · Eq €65,470
DNJ FLOOR
BE 1002.394.238
Antwerpen · Eq €65,729
SOLISSE MV
BE 0793.259.961
Sint-Pieters-Leeuw · Eq €65,729
Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,556 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
Founded31-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
41001General construction of residential buildings
43110Demolition
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719669328
Also
9925:BE0719669328
Registered
08-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.