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CONCEPT RENOV

Active
Private limited company (pre-2019)founded 2003active for 22 yearsPlace de Thines 2, 1402 Nivelles, BelgiumKBO/BCE: BE 0862.693.749

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of CONCEPT RENOV is 1.8% (moderate). The 2025 annual accounts show equity of €31,644 and a net result of €1,840. Equity has been shrinking by about 6.9% per year since 2018. Its solvency ranks better than 18% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 09-12-2003 Normal situation
Activity
Site preparation NACE 43120and 5 others
Establishment unit
2.135.561.995 1402 Nivelles, since 09-12-2003
Financial year end
31 December
Peppol
Reachable since 01-04-2026

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Gross margin
€7,254
▼ 18.4%
Turnover
≈ €72,000
estimated
Profit
€1,840
▲ 40.5%
Equity
€31,644
▲ 6.2%
Total assets
€208,480
▼ 15.4%
Filed on 15-10-2026, 76 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 76 days late; 3 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.18, cash €1,369, halvedlowers riskFounded in 2003Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 40+3
equity 15.2% of total assets
Liquidity 4+1
short-term debt 84.4% · cash 0.7%
Profitability 34+3
return on assets 0.9%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.2%▼ -0.1 percentage points vs 04-2025 06-2025: 2.1%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.1 percentage points vs 06-2025 08-2025: 2.9%▲ +0.7 percentage points vs 07-2025 09-2025: 3.3%▲ +0.4 percentage points vs 08-2025 10-2025: 3.7%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 1.6%▼ -2.1 percentage points vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 1.8%▼ -0.6 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.14 in 2024), below the usual 1.5. Short-term debt is 84.4% and cash 0.7% of total assets. 84.8% of the assets are financed with debt and provisions.
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 43, micro). It does better than 18% of them on solvency, 4% on liquidity, 18% on profitability and 49% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 76 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.18, cash €1,369, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 18%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €31,644
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
72 days late
2023
69 days late
2022
61 days late
2021
83 days late
2020
385 days late
2019
97 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 120 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 11 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 82% of companies in specialised constructionsector median 46.7% · 34,902 companies 15.2% View

Comparable companies

These companies have the same main activity as CONCEPT RENOV: site preparation (NACE 43120). They are comparable in size and age: total assets between €144,000 and €245,000, founded between 2000 and 2010.

CompanyTotal assetsGross margin
CONCEPT RENOV Nivelles€208,480€7,254
GEBRUDER VEITHEN Amel€226,127€6,823
ALGEMENE BOUWONDERNEMING BONTE DAVID Maldegem€244,727€8,654
BRACOMPLEX Jette€191,096€9,294
S.K. Courcelles€176,800€10,580
FILGRO Harelbeke€143,977€5,965
RENOVA CONSTRUCT BATIMENT Schaarbeek€207,304€7,464
Full comparison

Documents

Annual accounts at the NBB

All 22 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about CONCEPT RENOV

What is the company number of CONCEPT RENOV?
The company number of CONCEPT RENOV is 0862.693.749. The VAT number is the same number with BE in front: BE 0862.693.749.
Where is CONCEPT RENOV based?
The registered office is at Place de Thines 2, 1402 Nivelles.Company details
What does CONCEPT RENOV do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of CONCEPT RENOV?
The legal form of CONCEPT RENOV is Private limited company (pre-2019) (BVBA).
When was CONCEPT RENOV founded?
CONCEPT RENOV was founded on 09-12-2003.
Is CONCEPT RENOV still active?
Yes, CONCEPT RENOV is an active enterprise in the KBO register.
What is the turnover of CONCEPT RENOV?
The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €7,254 and 31 comparable companies (NACE 43120). It probably lies between €33,000 and €100,000. It is a rough estimate.Financials
Is CONCEPT RENOV profitable?
In financial year 2025, CONCEPT RENOV made a profit of €1,840.
Where can I find the annual accounts of CONCEPT RENOV?
CONCEPT RENOV filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CONCEPT RENOV due?
CONCEPT RENOV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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