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Inceptum M&M

Active
Private limited companyfounded 2022active for 4 yearsTorhoutsesteenweg 352, 8210 Zedelgem, BelgiumKBO/BCE: BE 0792.492.176
Summary

The computed 12-month bankruptcy probability of Inceptum M&M is 4.5% (elevated). The 2025 annual accounts show equity of €65,938 and a net result of €58,279. Its solvency ranks better than 44% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-10-2022 Normal situation
Activity
General construction of residential buildings NACE 41001and 5 others
Establishment unit
2.338.297.242 8310 Brugge, since 14-10-2022
Financial year end
30 September
Peppol
Reachable since 02-09-2023

Board and ownership

Financial position

40 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts to 30-09-2025
Gross margin
€73,380
▼ 11.4%
Turnover
≈ €380,000
estimated
Profit
€58,279
▼ 15.1%
Equity
€65,938
▲ 66.3%
Total assets
€173,858
▲ 59.9%
Filed on 31-03-2026, 30 days before the deadline
Score breakdownraises riskFounded in 2022Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €173,858lowers riskFigures for financial year 2025 (filed on 02-04-2026)Show the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 60% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 63+2
equity 37.9% of total assets
Liquidity 25-8
short-term debt 55.8% · cash 2.8%
Profitability 100=
return on assets 33.5%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 5.3% 01-2025: 5.3%● unchanged vs 12-2024 02-2025: 5.3%● unchanged vs 01-2025 03-2025: 5.3%● unchanged vs 02-2025 04-2025: 5.3%● unchanged vs 03-2025 05-2025: 5.4%▲ +0.1 percentage points vs 04-2025 06-2025: 5.4%● unchanged vs 05-2025 07-2025: 5.4%● unchanged vs 06-2025 08-2025: 5.4%● unchanged vs 07-2025 09-2025: 5.4%● unchanged vs 08-2025 10-2025: 5.4%● unchanged vs 09-2025 11-2025: 5.4%● unchanged vs 10-2025 12-2025: 5.4%● unchanged vs 11-2025 01-2026: 5.4%● unchanged vs 12-2025 02-2026: 5.4%● unchanged vs 01-2026 03-2026: 5.4%● unchanged vs 02-2026 04-2026: 5.5%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 4.2%▼ -1.3 percentage points vs 04-2026 06-2026: 3.3%▼ -0.9 percentage points vs 05-2026lowest value 07-2026: 3.3%● unchanged vs 06-2026lowest value 08-2026: 4.5%▲ +1.2 percentage points vs 07-2026 09-2026: 4.5%● unchanged vs 08-2026 10-2026: 4.5%● unchanged vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.64 (1.57 in 2024), above the usual 1.5. Short-term debt is 55.8% and cash 2.8% of total assets. However, 62.1% 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 41, micro). It does better than 45% of them on solvency, 20% on liquidity, 91% on profitability and 83% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €173,858
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 days early
2024
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 29 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in construction of buildingssector median €8,543 · 9,370 companies €58,279 View
  • Caution: A director leftlatest change 23-07-2026 · 1 in office 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Brugge to VeldegemResignation: Mellaerts Patricia (director)
  2. · Gazette deed IncorporationStarting capital €3,000 · Appointments: MARTELÉ, Kurt Leonie Lucien (director) and MELLAERTS, Patricia Sabine (director)
All 4 events

Comparable companies

These companies have the same main activity as Inceptum M&M: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €152,000 and €208,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Inceptum M&M Zedelgem€173,858€73,380
MD CONCRETE RENOVATION Brugge€192,353€65,710
CICCIO FLOOR Oostende€196,786€78,971
STIELMAN ALGOET Menen€207,589€84,109
LG Bouw Veurne€152,036€75,975
Jonas Demeulenaere Hooglede€200,017€64,752
Bouwwerken Cavijnt Tielt€173,874€56,996
Full comparison

Key facts about Inceptum M&M

What is the company number of Inceptum M&M?
The company number of Inceptum M&M is 0792.492.176. The VAT number is the same number with BE in front: BE 0792.492.176.
Where is Inceptum M&M based?
The registered office is at Torhoutsesteenweg 352, 8210 Zedelgem.Company details
What does Inceptum M&M do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Inceptum M&M?
The legal form of Inceptum M&M is Private limited company (BV).
When was Inceptum M&M founded?
Inceptum M&M was founded on 14-10-2022.
Is Inceptum M&M still active?
Yes, Inceptum M&M is an active enterprise in the KBO register.
What is the turnover of Inceptum M&M?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €73,380 and 107 comparable companies (NACE 41001). It probably lies between €270,000 and €680,000.Financials
Is Inceptum M&M profitable?
In financial year 2025, Inceptum M&M made a profit of €58,279.
Where can I find the annual accounts of Inceptum M&M?
Inceptum M&M filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Inceptum M&M due?
Inceptum M&M must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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