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Generated 26-07-2026
Active BE 0650.990.556Private limited company

NG CONCEPT

Bruulstraat 23 ·1130 Brussel, Belgium· 10 yrs active
Sector: Specialised construction (43990)
Conclusion Checked

The computed 12-month bankruptcy probability of NG CONCEPT is 1.7% (moderate). The 2025 annual accounts show equity of €56k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 57% of 2861 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.
Key figures
Equity €56k
Net result €5k
Better than sector 57%
Active 10 yrs
Snowflake analysis 5 axes · computed by Checked
Health77Profitability48Solvency95Growth68Stability100
78 / 100

Exceptional profile, strong across almost every axis.

Health 77
Profitability 48
Solvency 95
Growth 68
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.7% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Higher-failure-rate region +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
77 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 25-03-2026 with the NBB · fiscal year 2025 · micro
€-60k€-40k€-20k€0€20kOperating result 2021: €9k€9kNet result 2021: €-48k€-48kOperating result 2022: €26k€26kNet result 2022: €20k€20kOperating result 2023: €16k€16kNet result 2023: €12k€12kOperating result 2024: €-12k€-12kNet result 2024: €-12k€-12kOperating result 2025: €14k€14kNet result 2025: €5k€5k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 8 fiscal years (±0.7%/year).
€20k€40k€60k€80k2026: €53k (€41k - €64k)2027: €52k (€34k - €70k)2028: €52k (€27k - €76k)2018: €52k2019: €72k2020: €79k2021: €30k2022: €51k2023: €63k2024: €51k2025: €56k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 49.4% 43.4%
better than 57% of 2861 sector peers
Net result €5k €14k
better than 33% of 2860 sector peers
Equity €56k €44k
better than 59% of 2861 sector peers
Gross operating margin €37k €39k
better than 48% of 2858 sector peers
Total assets €113k €115k
better than 49% of 2861 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€576k
+37.2% 18-25
EBITDA
€34k
+1677.8% -2% vs sector
Net profit
€5k
- -71% vs sector
Cash flow
€25k
+1011.2% +3% vs sector
Total assets
€113k
-5.4% -25% vs sector
Equity
€56k
+10.6% -32% vs sector
Working capital
€39k
+29.2% -33% vs sector
Income taxes
€5k
+4359.9% +65% vs sector
Debt
€57k
-17.0% -17% vs sector
Debt ≤ 1y
€25k
-0.2% -60% vs sector
Debt > 1y
€32k
-26.5% -31% vs sector
Current ratio
2.56
+16.1% +125% vs sector
Quick ratio
0.31
-85.9% -60% vs sector
Solvency
49.4%
+16.9% +299% vs sector
Debt / equity
1.03
-25.0% -85% vs sector
ROE
9.6%
- -57% vs sector
ROA
4.7%
- -53% vs sector
Net margin
12.3%
-18.9% 18-25
EBITDA margin
5.0%
-28.9% 18-25
Interest coverage
8.31
+581.6% -26% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€34k
Net profit€5k
Cash flow€25k
Staff costs-
Income taxes€5k
Dividends-
Total assets€113k
Equity€56k
Debt€57k
of which ≤ 1y€25k
of which > 1y€32k
Working capital€39k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.56
Quick ratio0.31
Working capital ratio34.1%
Solvency49.4%
Debt / equity1.03
Long-term debt ratio0.58
Interest coverage8.31
Gross margin-
Net margin-
ROA4.7%
ROE9.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€113k
Fixed assets 21/28€50k
Tangible fixed assets 22/27€50k
Current assets 29/58€63k
Stocks & contracts in progress 3€56k
Amounts receivable within one year 40/41€250
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€113k
Equity 10/15€56k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€48k
Amounts payable 17/49€57k
Amounts payable after one year 17€32k
Amounts payable within one year 42/48€25k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€37k
Operating result 9901€14k
Financial income 75€327
Financial charges 65€4k
Result before taxes 9903€10k
Income taxes 67/77€5k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43990)
Legal form Private limited company(610)
Incorporation01-04-2016
StatusActive
Postal code1130
Establishment units 1 location
NG CONCEPT
Bruulstraat 23, 1130 BrusselAlgemene bouw van residentiële gebouwen
since 20162.318.423.031
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21821A0198/00L005 Brussels 258 m² 1 · 89 m² 10.9 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
25-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
02-12-2025
State Gazette act Director changes
v3.2
06-05-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
19-03-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
12-05-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
07-04-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
07-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
26-01-2021
NBB filing Annual accounts filed
fiscal year 2017 · micro
2020
22-05-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
20-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2016
05-04-2016
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 7 months ago
2025
02-12-2025 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0650.990.556",
    "name_full": "NG CONCEPT",
    "legal_form": "SCRL"
  }
}
2016
05-04-2016 Incorporation of a new SNC Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1130 Haren, rue du Bruel, 23",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1978-03-05",
        "name": "TORZ Vasile",
        "niss": null,
        "address": "1731 Relegem, Nachtegaallaan 39"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2790,
      "holder_person_name": "TORZ Vasile",
      "is_subscriber_only": false,
      "n_shares_subscribed": 45,
      "amount_subscribed_eur": 8370,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1980-01-17",
        "name": "SIMON Remus",
        "niss": null,
        "address": "1130 Haren, rue du Bruel, 23"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2790,
      "holder_person_name": "SIMON Remus",
      "is_subscriber_only": false,
      "n_shares_subscribed": 45,
      "amount_subscribed_eur": 8370,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1976-12-03",
        "name": "ROMAN Mihai",
        "niss": null,
        "address": "Negresti Oas (Roumanie), rue Tudor Vladimirescu, 158"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 620,
      "holder_person_name": "ROMAN Mihai",
      "is_subscriber_only": true,
      "n_shares_subscribed": 10,
      "amount_subscribed_eur": 1860,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 18600,
  "subject_company": {
    "kbo": "0650.990.556",
    "name_full": "NG CONCEPT",
    "legal_form": "SNC"
  },
  "initial_directors": [],
  "incorporation_date": "2016-03-31",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameFR NG CONCEPT
Registered office
Bruulstraat 23
1130 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative