Equity
€769,761 ▼ 4.0%
FILTER CONCEPT paid out €153,700 in dividends. That is 126% of the 2025 profit.
FILTER CONCEPT
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €303,615 (2022)
€292,570▲ 17.0%
lowest -€8,707 (2006)
€121,613▲ 29.3%
peak €801,848 (2024)
€769,761▼ 4.0%
€300,292▲ 27.2%
Board2 names since 2021
2 directors and 1 other
Owners
Documentsfilings and deeds
15-09-202646 days late
2025micro format
Gross margin from €250,123 to €292,570Result from €94,087 to €121,613Dividend €153,700Debts from €236,106 to €300,292Cash from €23,686 to €95,678
Key points
from the 2025 annual accountsTurnover
≈ €590,000 estimated
The micro format states no turnover.
Liquidity
2.58 was 5.78 in 2024
Short-term debts rose from €73,808 to €179,490.
Filings
21 annual accounts since 2005
Eight of the last ten came late. The 2024 accounts came latest: 91 days after the end of the period.
Board
2 joined
New directors. Latest change 18-09-2026 · 2 in office.
Position in the sector
€121,613
Higher net result than 95% of companies in repair and installation of machinery. Sector median €14,969 · 1,800 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as FILTER CONCEPT has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
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 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for FILTER CONCEPT. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- consolidatesscore equity €1.29bn (2025) · annual accounts 2007
Recent changes
Change of role: , from manager to director
Appointment: (director) · General meeting of 26-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871984369
Registered office moved from Ghent to Drongen
New registered office: Zevenbladstraat 17, 9031 DRONGEN · Previous registered office: Gaspeldoorndreef 16, 9031 GENT · Board meeting of 05-10-2022 · Gazette deed
Capital decrease of €21,450 to €18,550
Capital from €40,000 to €18,550 · General meeting of 19-12-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FILTER CONCEPT Ghent | €1.1m | €292,570 | 71.1% | - |
| ERGONOMICS Kinrooi | €1.0m | €266,268 | 86.3% | - |
| INDUSTRIAL MAINTENANCE AND CONSULTING Vosselaar | €1.2m | €347,808 | 51.6% | - |
| JAN ZYDE Diksmuide | €1.1m | €239,175 | 87.7% | - |
| TUINMACHINES GEERT DESMET Pittem | €1.3m | €287,515 | 55.5% | 0.6 |
| E.M.S.G. Rumst | €0.9m | €352,178 | 81.4% | - |
| TORQUE & REPAIR SERVICES Beveren-Kruibeke-Zwijndrecht | €1.1m | €385,951 | 8.4% | 4.5 |
These companies have the same main activity as FILTER CONCEPT: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €909,000 and €1.3m, founded between 2003 and 2008.
Official details
Source: KBO- Status
- Active since 18-02-2005Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120and 2 others
- Establishment unit
- 2.147.107.2729031 Ghent, since 04-02-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 19-06-2024
Insights on FILTER CONCEPT
FILTER CONCEPT files the micro format. That format states no turnover. The gross margin rose from €50,837 in 2008 to €292,570 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.
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 FILTER CONCEPT
- What is the company number of FILTER CONCEPT?
- The company number of FILTER CONCEPT is 0871.984.369. The VAT number is the same number with BE in front: BE 0871.984.369.
- Where is FILTER CONCEPT based?
- The registered office is at Zevenbladstraat 17, 9031 Ghent.Company details
- What does FILTER CONCEPT do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of FILTER CONCEPT?
- FILTER CONCEPT is a private limited company (BV).
- When was FILTER CONCEPT founded?
- FILTER CONCEPT was founded on 18-02-2005.
- Is FILTER CONCEPT still active?
- Yes, FILTER CONCEPT is an active enterprise in the KBO register.
- How many employees does FILTER CONCEPT have?
- FILTER CONCEPT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FILTER CONCEPT?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €292,570 and 875 comparable companies of the same size. It probably lies between €410,000 and €860,000. It is a rough estimate.
- Is FILTER CONCEPT profitable?
- In financial year 2025, FILTER CONCEPT made a profit of €121,613.
- Where can I find the annual accounts of FILTER CONCEPT?
- FILTER CONCEPT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FILTER CONCEPT due?
- FILTER CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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