Equity
-€27,698
Debts exceed assets in financial year 2025.
LIGHT CONCEPT
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €72,422 (2013)
€7,730▼ 42.7%
lowest -€35,795 (2011)
-€78▼ €6,631
peak €42,213 (2006)
-€27,698▼ €78
€36,903▼ 15.2%
Board2 names since 2021
1 director
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €13,478 to €7,730Loss of €78Debts from €43,530 to €36,903
Key points
from the 2025 annual accountsDebts
€36,903 302% of the balance sheet
Suppliers 7%Taxes and wages 3%Other 90%
Position in the sector
-226.9%
Lower solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,792 companies had the same profile as LIGHT CONCEPT has now. Each dot stands for 7 companies, two years later.
90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,792 companies, not a prediction for LIGHT 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871227769
Resignation: (manager)
Reappointment: (director) · “Het ontwerpen, het maken en assembleren, het plaatsen en installeren, het herstellen en onderhouden, het huren…” (deed in Dutch) · Director discharge: · General meeting of 14-02-2024 · Gazette deed
Registered office moved from Wavre to Wezembeek-Oppem
New registered office: Chemin d'Auderghem, 42-1970 Wezembeek-Oppem · Previous registered office: Place des Artisans, 1 1300 Wavre · General meeting of 13-09-2018 · Gazette deed
Registered office moved from Corroy-le-Grand to Wavre
New registered office: Place des Artisans, 1-1300 Wavre · Previous registered office: Avenue du Quatorze Juillet, 4 1325 Corroy-le-Grand · General meeting of 15-02-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LIGHT CONCEPT Wezembeek-Oppem | €12,205 | €7,730 | -226.9% | - |
| VERBOOM ELEKTRO Zoersel | €13,143 | €6,191 | 15.0% | - |
| AWELEC Sombreffe | €11,981 | €6,444 | -174.3% | - |
| JMDB Ghent | €9,889 | €6,601 | -644.0% | - |
| ENTREPRISES D'ELECTRICITE JEAN-LOUIS FRERES ET FILS Profondeville | €13,886 | €8,197 | -222.0% | - |
| Master Distillers Lierde | €10,177 | €6,384 | 57.9% | - |
| MON ELEC Charleroi | €9,275 | €10,911 | -1269.3% | - |
These companies have the same main activity as LIGHT CONCEPT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €9,270 and €13,900, founded between 1999 and 2008.
Official details
Source: KBO- Status
- Active since 14-01-2005Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.145.655.3411970 Wezembeek-Oppem, since 14-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- ≈ €63,000estimated
- €12,205▼ 35.5%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on LIGHT CONCEPT
LIGHT CONCEPT files the micro format. That format states no turnover. The gross margin fell from €32,581 in 2006 to €7,730 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.
Key facts about LIGHT CONCEPT
- What is the company number of LIGHT CONCEPT?
- The company number of LIGHT CONCEPT is 0871.227.769. The VAT number is the same number with BE in front: BE 0871.227.769.
- Where is LIGHT CONCEPT based?
- The registered office is at Oudergemseweg 42, 1970 Wezembeek-Oppem.Company details
- What does LIGHT CONCEPT do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of LIGHT CONCEPT?
- LIGHT CONCEPT is a private limited company (BV).
- When was LIGHT CONCEPT founded?
- LIGHT CONCEPT was founded on 14-01-2005.
- Is LIGHT CONCEPT still active?
- Yes, LIGHT CONCEPT is an active enterprise in the KBO register.
- What is the turnover of LIGHT CONCEPT?
- The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €7,730 and 97 comparable companies (NACE 43211). It probably lies between €42,000 and €130,000. It is a rough estimate.Financials
- Is LIGHT CONCEPT profitable?
- In financial year 2025, LIGHT CONCEPT made a loss of €78.
- Where can I find the annual accounts of LIGHT CONCEPT?
- LIGHT CONCEPT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LIGHT CONCEPT due?
- LIGHT CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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