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KTD CONCEPT

Active
Private limited companyfounded 20242 yrs activeProcessiestraat 49, 1070 Anderlecht, BelgiumKBO/BCE: BE 1008.487.422
Summary

The computed 12-month bankruptcy probability of KTD CONCEPT is 7.3% (elevated). The 2025 annual accounts show negative equity (-€842) and a net result of -€842. Its solvency ranks better than 8% of 28374 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability6
Solvency15
Growth-
Track record67
Bankruptcy probability, 12 months
7.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78; short-term debt: 109.9% and cash: 1.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-9.9%
Return on assets
-9.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-08-2026, 1 day 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 · 1 filing
Deviation from the deadline
2025
1 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 April 2024, KTD CONCEPT was incorporated as a Private limited company.1 In 2026 the registered office moved to Anderlecht.2 George DOBROVAT has served as director of the company since 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 18-05-2026

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Financials · fiscal year 2025, micro schema

Equity
-€842
Total assets
€8,513
Net result
-€842
Working capital
-€2,099

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €8,513
Fixed assets €1,256
Current assets €7,256
Equity and liabilities
Equity-€842
Debt€9,355
Equity is negative: debt (€9,355) exceeds the balance-sheet total (€8,513).
Key figures and ratios
2025 value
EBITDA
-€808
Cash flow
-€820
Solvency
-9.9%
Current ratio
0.78
ROA
-9.9%
Interest coverage
-66.51
Debt
€9,355
Debt ≤ 1 year
€9,355
Equity ratios withheld: equity of -€842 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 1,555 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€8,513
Fixed assets21/28€1,256
Tangible fixed assets22/27€1,256
Furniture and vehicles24€1,256
Current assets29/58€7,256
Amounts receivable within one year40/41€7,099
Trade receivables40€7,099
Cash at bank and in hand54/58€157
Equity and liabilities
Total equity and liabilities10/49€8,513
Equity10/15-€842
Profit (loss) carried forward14-€842
Amounts payable17/49€9,355
Amounts payable within one year42/48€9,355
Trade debts44€3,656
Suppliers440/4€3,656
Taxes, remuneration and social security45€3,300
Remuneration and social security454/9€3,300
Other amounts payable47/48€2,399
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22
Other operating charges640/8€194
Gross operating margin9900-€614
Operating profit (loss)9901-€830
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€842
Profit (loss) for the period9904-€842
Profit (loss) for the period to be appropriated9905-€842
Appropriation of the result
Profit (loss) to be appropriated9906-€842

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22
Other operating charges640/8€194
Gross operating margin9900-€614
Operating profit (loss)9901-€830
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903-€842
Profit (loss) for the period9904-€842
Profit (loss) for the period to be appropriated9905-€842
Line2025
Assets
Total assets20/58€8,513
Fixed assets21/28€1,256
Tangible fixed assets22/27€1,256
Furniture and vehicles24€1,256
Current assets29/58€7,256
Amounts receivable within one year40/41€7,099
Trade receivables40€7,099
Cash at bank and in hand54/58€157
Equity and liabilities
Total equity and liabilities10/49€8,513
Equity10/15-€842
Profit (loss) carried forward14-€842
Amounts payable17/49€9,355
Amounts payable within one year42/48€9,355
Trade debts44€3,656
Suppliers440/4€3,656
Taxes, remuneration and social security45€3,300
Remuneration and social security454/9€3,300
Other amounts payable47/48€2,399
Line2025
Profit (loss) for the period9904-€842
+ Depreciation and write-downs630€22
Operating cash flow (approximation)-€820

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
01-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 1 day late
18-05
State Gazette act Resignation: Catalin DOBROVAT (director)
Appointment: George DOBROVAT (director) · Share transfer · Registered-office move6 facts ▸
  • General meeting, 04-04-2026
  • Share transfer, Catalin DOBROVAT → Culita-Stefan BRAIS
  • Share transfer, Catalin DOBROVAT → George DOBROVAT
  • Registered-office move, Rue de la Procession 49-1070 Anderlecht
  • Director resignation, Catalin DOBROVAT (director)
  • Director appointment, George DOBROVAT (director)
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
George DOBROVAT
Director · since 04-04-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
637 m²
Building footprint
268 m²
Volume, LiDAR
2,255 m³
2 parcels, Brussels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
104 companies at this address See who is registered here
1 establishment unit
KTD CONCEPT
Jan Hammeneckerstraat 44, 1880 Kapelle-op-den-BosPlastering work
since 20252.381.314.861
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23039A0470/00D000 Flanders 367 m² 1 · 163 m² 8.2 m · 2 fl.
21001A0660/00W002 Brussels 270 m² 1 · 104 m² 17.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
George DOBROVAT
  • Director, from 04-04-2026 to date
Catalin DOBROVAT
  • Director, until 04-04-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Capital and shareholders

Shareholders according to the acts
Share transfer act of 18-05-2026 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,017 companies in this sector we hold annual accounts for 9,142. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43310Plastering work
43341Painting of buildings
43343Specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008487422
Also 9925:BE1008487422
Registered 13-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.