Result
Back in profit in 2025, after a loss of €41,465 in 2024.
Back in profit in 2025, after a loss of €41,465 in 2024.
Short-term debts fell from €87,828 to €11,594.
Higher net result than 85% of companies in other professional activities. Sector median €9,324 · 4,356 companies.
The dashed line is the sector median: 0.2% across 5,430 companies (NACE 74, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 74, micro). It does better than 51% of them on solvency, 24% on liquidity, 88% on profitability and 94% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 39,278 companies had the same profile as LDC CONCEPT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LDC CONCEPT itself: 0.7% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for LDC 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.
Liquidity is insufficient, with a current ratio of 0.77 (0.07 in 2024), below 1. Short-term debt is 27.3% and cash 1% of total assets. 50.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 37 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LDC CONCEPT Juprelle | €42,530 | €89,992 | 49.6% | - |
| JD IDEA CONCEPT Waremme | €45,297 | €34,399 | 27.2% | 1 |
| BIMfluence Hasselt | €47,675 | €57,193 | 58.9% | - |
| Bertelli Ixelles | €54,457 | €47,311 | 8.5% | - |
| BIMCRAFT Hasselt | €58,576 | €28,658 | 55.2% | - |
| FB BUSINESS Kampenhout | €105,031 | €87,287 | 11.7% | - |
| InfraCivil Antwerp | €57,960 | €34,999 | 46.6% | - |
These companies have the same main activity as LDC CONCEPT: other specialised design activities (NACE 74140). They are comparable in size and age: total assets between €45,300 and €105,000, founded between 2021 and 2024.
LDC CONCEPT files the micro format. That format states no turnover. The gross margin rose from €27,232 in 2023 to €89,992 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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