Skip to content

G.C.D.CONCEPT

Active
Private limited companyfounded 200917 years activeRue des Saules 49, 1380 Lasne, BelgiumKBO/BCE: BE 0812.018.771
Summary

The computed 12-month bankruptcy probability of G.C.D.CONCEPT is 3.5% (moderate). The 2024 annual accounts show equity of €146,704 and a net result of €10,675. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 36,395 sector peers (NACE 43, fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€301,715total assets 2024
Staff
1 FTE
Equity
€146,704
Profit
€10,675
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.5%
Structure
Accounts 69 days overdue0 of 14 deeds read
Why 49- Liquidity: current ratio 1.92- Figures for FY 2024 (filed 06-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 67 days late; 3 of the last 3 late+ Founded in 2009Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 74-8
equity 48.6% of total assets
Liquidity 48+18
short-term debt 51.4%
Profitability 47-53
return on assets 3.5%
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 4.1% 12-2024: 4.1%● unchanged vs 11-2024 01-2025: 3.6%▼ -0.5 percentage points vs 12-2024 02-2025: 3.7%▲ +0.1 percentage points vs 01-2025 03-2025: 3.7%● unchanged vs 02-2025 04-2025: 3.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.9%▲ +0.1 percentage points vs 04-2025 06-2025: 3.8%▼ -0.1 percentage points vs 05-2025 07-2025: 3.7%▼ -0.1 percentage points vs 06-2025 08-2025: 4.2%▲ +0.5 percentage points vs 07-2025 09-2025: 5.0%▲ +0.8 percentage points vs 08-2025 10-2025: 7.0%▲ +2.0 percentage points vs 09-2025highest value 11-2025: 4.2%▼ -2.8 percentage points vs 10-2025 12-2025: 4.2%● unchanged vs 11-2025 01-2026: 4.2%● unchanged vs 12-2025 02-2026: 4.3%▲ +0.1 percentage points vs 01-2026 03-2026: 4.3%● unchanged vs 02-2026 04-2026: 4.5%▲ +0.2 percentage points vs 03-2026 05-2026: 4.3%▼ -0.2 percentage points vs 04-2026 06-2026: 2.0%▼ -2.3 percentage points vs 05-2026 07-2026: 1.9%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 2.6%▲ +0.7 percentage points vs 07-2026 09-2026: 2.8%▲ +0.2 percentage points vs 08-2026 10-2026: 3.5%▲ +0.7 percentage points vs 09-2026
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.3 in 2023; short-term debt: 51.4% of total assets), but 51.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 53% on solvency, 40% on liquidity, 22% on profitability and 51% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.92
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 06-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 67 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 2009
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
67 days late
2023
67 days late
2022
72 days late
2021
143 days late
2020
30 days late
2019
84 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Highest result since 2018net €77,596 ▲28.2%

Key points

  • Caution: Result fell in 2024from €77,596 to €10,675 ▼ 86.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Total assets 20246 fiscal years filed €301,715 View

By topic

Financials

Fiscal year
2024
Total assets
€301,715
Profit
€10,675
Solvency
48.6%
Total assets▲ 27.5%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 31-12-2023Equity above €100,000
  2. 11-10-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Site preparationNACE 43120
Founded
20-05-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.