IDEAL CONCEPT CONSTRUCT
ActiveSummary
IDEAL CONCEPT CONSTRUCT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €488,366 and a net result of €43,948. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 84% of 2,436 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €488,366
- Profit
- €43,948
Why 89raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 3.92, cash €6,702lowers riskSize: total assets €658,665Figures for financial year 2025 (filed 30-03-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 80% on solvency, 31% on liquidity, 41% on profitability and 55% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
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Signals
This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Amendment of the articles · Legal-form…Capital conversion · Reserve release…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 25% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1.1m | €1.5m | €1.3m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.2m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.005m | €54 | €0.001m | €0.004m | €0.006m | €0.007m | €0.007m | ▼ 1.0% |
| Other operating charges640/8 | - | - | €0.001m | €0.001m | €0.01m | €0.004m | €0.005m | ▲ 38.2% |
| Gross operating margin9900 | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 21.8% |
| Operating profit (loss)9901 | €0.1m | €0.1m | €0.09m | €0.1m | €0.09m | €0.1m | €0.08m | ▼ 25.2% |
| Financial income75/76B | - | - | - | - | €0.006m | €314 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | - | - | €0 | €1 | €0 | ▼ 98.9% |
| Non-recurring financial income76B | - | - | - | - | €0.006m | €313 | - | - |
| Financial charges65/66B | - | - | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 29.1% |
| Recurring financial charges65 | €0.003m | €0.008m | €0.02m | €0.02m | €0.03m | €0.02m | €0.02m | ▼ 28.1% |
| Non-recurring financial charges66B | - | - | - | - | €0.006m | €313 | - | - |
| Profit (loss) for the period before taxes9903 | €0.09m | €0.09m | €0.07m | €0.09m | €0.06m | €0.09m | €0.07m | ▼ 24.4% |
| Income taxes67/77 | €0.03m | €0.02m | €0.05m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 15.7% |
| Profit (loss) for the period9904 | €0.07m | €0.07m | €0.02m | €0.07m | €0.04m | €0.06m | €0.04m | ▼ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.07m | €0.02m | €0.07m | €0.04m | €0.06m | €0.04m | ▼ 28.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €430,564 | €413,109 | €310,868 | €478,188 | €484,977 | €614,045 | €658,665 | ▲ 7.3% |
| Fixed assets21/28 | - | €1,235 | €2,053 | €17,373 | €11,026 | €5,468 | €7,022 | ▲ 28.4% |
| Tangible fixed assets22/27 | - | €1,235 | €2,053 | €17,373 | €11,026 | €5,468 | €7,022 | ▲ 28.4% |
| Plant, machinery and equipment23 | - | - | €2,053 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €17,373 | €11,026 | €5,468 | €7,022 | ▲ 28.4% |
| Current assets29/58 | €430,564 | €411,874 | €308,814 | €460,815 | €473,951 | €608,577 | €651,643 | ▲ 7.1% |
| Amounts receivable within one year40/41 | €429,827 | €385,811 | €196,530 | €460,778 | €473,030 | €608,575 | €644,940 | ▲ 6.0% |
| Trade receivables40 | - | - | €81,696 | €343,420 | €356,867 | €524,887 | €553,391 | ▲ 5.4% |
| Other amounts receivable41 | - | - | €114,835 | €117,358 | €116,162 | €83,688 | €91,550 | ▲ 9.4% |
| Cash at bank and in hand54/58 | €736 | €26,063 | €112,284 | €38 | €921 | €2 | €6,702 | ▲ 3,368× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €430,564 | €413,109 | €310,868 | €478,188 | €484,977 | €614,045 | €658,665 | ▲ 7.3% |
| Equity10/15 | €169,959 | €247,454 | €277,114 | €344,516 | €383,418 | €444,418 | €488,366 | ▲ 9.9% |
| Contributions10/11 | €6,200 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €51,860 | €89,102 | €129,102 | €129,102 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | €50,000 | €87,242 | €127,242 | €129,102 | ▲ 1.5% |
| Profit (loss) carried forward14 | €161,899 | €235,394 | €256,654 | €274,056 | €275,715 | €296,716 | €340,664 | ▲ 14.8% |
| Provisions and deferred taxes16 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Provisions for liabilities and charges160/5 | - | - | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Environmental obligations163 | - | - | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Amounts payable17/49 | €256,605 | €161,656 | €29,754 | €129,673 | €97,560 | €165,626 | €166,298 | ▲ 0.4% |
| Amounts payable after more than one year17 | - | - | - | €16,645 | - | - | - | - |
| Financial debts170/4 | - | - | - | €16,645 | - | - | - | - |
| Amounts payable within one year42/48 | €256,605 | €161,656 | €29,754 | €113,028 | €97,560 | €165,626 | €166,298 | ▲ 0.4% |
| Financial debts43 | - | - | - | €12,746 | €13,346 | €5,745 | - | - |
| Credit institutions430/8 | - | - | - | €12,746 | €13,346 | €5,745 | - | - |
| Trade debts44 | €181,576 | €73,717 | €14,102 | €95,282 | €76,964 | €150,893 | €158,148 | ▲ 4.8% |
| Suppliers440/4 | - | - | €14,102 | €55,903 | €46,124 | €24,423 | €7,851 | ▼ 67.9% |
| Bills of exchange payable441 | - | - | - | €39,379 | €30,840 | €126,469 | €150,297 | ▲ 18.8% |
| Taxes, remuneration and social security45 | - | - | €15,651 | €5,000 | €7,250 | €8,989 | €8,150 | ▼ 9.3% |
| Taxes450/3 | - | - | €15,651 | €5,000 | €7,250 | €8,989 | €8,150 | ▼ 9.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,721 | €73,495 | €21,261 | €67,402 | €38,902 | €61,001 | €43,948 | ▼ 28.0% |
| + Depreciation and write-downs630 | €5,287 | €54 | €1,132 | €3,720 | €6,347 | €6,741 | €6,674 | ▼ 1.0% |
| Operating cash flow (approximation) | €71,007 | €73,548 | €22,393 | €71,122 | €45,248 | €67,741 | €50,622 | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | - | -€1,950 | -€19,040 | €0 | -€1,182 | -€8,228 | ▼ 596% |
| Change in cash | - | €25,327 | €86,221 | -€112,246 | €883 | -€919 | €6,700 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-08-2025 | full format | 28-03-2026 | 2026-00065944 |
| 31-08-2024 | full format | 29-03-2025 | 2025-00061765 |
| 31-08-2023 | full format | 12-03-2024 | 2024-00042742 |
| 31-08-2022 | full format | 31-03-2023 | 2023-00052369 |
| 31-08-2021 | micro format | 12-04-2022 | 2022-20003399 |
| 31-08-2020 | micro format | 30-03-2021 | 2021-09300214 |
| 31-08-2019 | full format | 14-08-2020 | 2020-41500414 |
| 31-08-2018 | full format | 16-12-2019 | 2019-76200445 |
| 31-08-2017 | full format | 04-07-2019 | 2019-29100310 |
| 31-08-2016 | full format | 02-05-2017 | 2017-11400393 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 03-05-2024 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
03-05
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousCapital conversion · Reserve release · Director in office7 facts ▸
- General meeting, 29-04-2024
- Other provision, “besloten vennootschap (BV)” (deed in French)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in French)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening, schrappen” (deed in French)
- Reserve release, “beschikbare reserverekening” (deed in French)
- Director in office, IFRIM Constantin (director)
- Amendment of the articles
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0630.740.916
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23005A0213/00P002 | Flanders | 376 m² | 1 · 299 m² | 11.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Algemene bouwwerken, schrijnwerkerij, schilderwerken, metselwerk, elektriciteit, dakwerken, alle andere renovatie- en bouwwerken…” (deed in French)
34 activities (deed in French)
- Algemene bouwwerken, schrijnwerkerij, schilderwerken, metselwerk, elektriciteit, dakwerken, alle andere renovatie- en bouwwerken, loodgieterswerken, alle bouwwerken, zowel privé als professioneel, plaatsing van alle soorten vloerbekleding zoals parket of tegels, plaatsing van gyprocwanden;
- Transport van goederen en personen;
- Ontwerpbedrijf;
- Bewakings- en beveiligingsbedrijf;
- Exploitatie van restaurants;
- Algemene schoonmaakdiensten voor zakelijke klanten;
- Reclamebedrijf;
- Organisatie van opleidingen en alle soorten onderwijs;
- Administratieve diensten voor bedrijven;
- Secretariaatswerk, kantoorwerk en administratie;
- Plaatsing, installatie en reparatie van alle verwarmingssystemen, zowel privé als professioneel, en sanitair loodgieterswerk;
- Huishoudelijke diensten onder het systeem van dienstencheques;
- De exploitatie van een autogarage en een handel in tweedehands auto's, met inbegrip van autoverhuur;
- Het exploiteren van een motorvoertuigenreparatiebedrijf, dat mechanische en elektrische onderdelen repareert;
- Detailhandel in motorvoertuigen voor personenvervoer, met inbegrip van gespecialiseerde motorvoertuigen (bijvoorbeeld ambulances);
- Exploitatie van een koerierdienst;
- Informatietechnologie in het algemeen: ontwikkeling en ontwerp van software, verkoop en aankoop van computer- en kantooruitrusting en verbruiksgoederen, studie van IT-projecten in de ruimste zin van het woord, en alles wat rechtstreeks of onrechtstreeks verband houdt met IT, consultancy, opleiding, marketing van diensten en producten, onderhoud van hardware en software;
- Uitbating van snackbar, bakkerij, café, patisserie;
- Verhuur van auto's en bouwmaterieel;
- Exploitatie van een kapsalon;
- Vervaardiging van meubels;
- Kinderopvang;
- Kantoorondersteuning, consultancy;
- Groot- en kleinhandel in: bouwmaterialen, elektrische en elektronische apparatuur, sanitair en loodgieterswerk;
- Groot- en kleinhandel in: alle voedingsmiddelen zoals fruit, groenten, conserven, zuivelproducten, zeevruchten, vis, slagerij, huishoudelijke artikelen en geschenkartikelen;
- Groot- en kleinhandel in: videotheken, verhuur van amusementsproducten, films en alle andere aanverwante producten;
- Groot- en kleinhandel in: alle textielproducten in het algemeen, diverse soorten kleding, schoeisel, schoenmakerij, slotenmakerij, lederwaren in de ruimste zin van het woord;
- Groot- en kleinhandel in: alle ambachtelijke producten in het algemeen, stoffering, met inbegrip van artikelen uit de Derde Wereld, meubelen;
- Groot- en kleinhandel in: alle parfumerieën, toiletartikelen, cosmetica, schoonheidsproducten, make-up, alsmede zeep en wasmiddelen;
- Groot- en kleinhandel in: alle tuinbouwartikelen zoals bloemen, planten, tuinartikelen, tuin- en kwekerijontwerp en -onderhoud;
- Groot- en kleinhandel in: alle boeken, antiquiteiten, tweedehandsgoederen, siervoorwerpen, industriële machines;
- Groot- en kleinhandel in: alle huishoudelijke apparaten, alle magneetbandfilms, cassettes, alle gedrukte of opgenomen voorwerpen die kunnen worden gelezen, gezien of gehoord;
- Groot- en kleinhandel in: alle kantoor- en computeruitrusting;
- Algemene schoonmaakactiviteiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IDEAL CONCEPT CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, mandaat geacht van onbepaalde duur bij gebrek…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of January at 19:00