Equity
€180,876 ▲ 80.0%
Equity rose in 2025 from €100,474 to €180,876.
CONCEPT-R
Lifetime
2 annual accounts with figures on one time axispeak €130,811 (2024)
€78,130▼ 40.3%
peak €98,474 (2024)
€80,402▼ 18.4%
peak €180,876 (2025)
€180,876▲ 80.0%
€371,640▲ 817%
Board3 names since 2023
1 director
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €130,811 to €78,130Equity from €100,474 to €180,876Debts from €40,534 to €371,640
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€371,640 ▲ 817%
Debts rose by €331,106 in 2025.
Liquidity
1.90 was 3.42 in 2024
Short-term debts rose from €40,534 to €290,449.
Board
2 joined
New directors. Latest change 29-06-2026 · 1 in office.
Position in the sector
€80,402
Higher net result than 93% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
2025 accounts filed 27 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as CONCEPT-R has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for CONCEPT-R. 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 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
Board and ownership
Daily manager
Daily manager
Director, since 17-11-2023
- 100 sharesdeed of 21-11-2023
Recent changes
Appointments: (daily management delegate) and (daily management delegate)
General meeting of 29-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002360980
Incorporation
Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 21-11-2023 · Gazette deed
First establishment
Concept-R srl, Rue de Mouhin 10, Waremme
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONCEPT-R Waremme | €552,515 | €78,130 | 32.7% | - |
| Nova-Al Sint-Pieters-Leeuw | €416,202 | €75,363 | 6.0% | - |
| PAAM CONSTRUCT Nazareth-De Pinte | €555,628 | €63,345 | 22.3% | - |
| Val Energy Jemeppe-sur-Sambre | €421,168 | €78,965 | 43.5% | - |
| Skysun Heliotech Auderghem | €448,136 | €61,613 | 44.4% | 1 |
| TB Entreprises Chaumont-Gistoux | €442,862 | €95,440 | 11.1% | - |
| YDEGRO Lierde | €599,421 | €120,752 | 7.8% | - |
These companies have the same main activity as CONCEPT-R: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €416,000 and €599,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 17-11-2023Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 5 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.354.141.1044300 Waremme, since 17-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Insights on CONCEPT-R
CONCEPT-R has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,876 and a net result of €80,402.
Its solvency ranks better than 34% of 35,156 sector peers (NACE 43, financial year 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-R
- What is the company number of CONCEPT-R?
- The company number of CONCEPT-R is 1002.360.980. The VAT number is the same number with BE in front: BE 1002.360.980.
- Where is CONCEPT-R based?
- The registered office is at Rue de Mouhin 10, 4300 Waremme.Company details
- What does CONCEPT-R do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of CONCEPT-R?
- CONCEPT-R is a private limited company (BV).
- When was CONCEPT-R founded?
- CONCEPT-R was founded on 17-11-2023.
- Is CONCEPT-R still active?
- Yes, CONCEPT-R is an active enterprise in the KBO register.
- How many employees does CONCEPT-R have?
- CONCEPT-R had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CONCEPT-R fall under?
- In its 2025 annual accounts, CONCEPT-R states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of CONCEPT-R?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €78,130 and 68 comparable companies (NACE 43990). It probably lies between €300,000 and €810,000.
- Is CONCEPT-R profitable?
- In financial year 2025, CONCEPT-R made a profit of €80,402.
- Where can I find the annual accounts of CONCEPT-R?
- CONCEPT-R filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONCEPT-R due?
- CONCEPT-R 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 trust this company with building work.Contractor check 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 how customers, suppliers and banks see your own company and what to improve first.