NGS CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of NGS CONCEPT is 2.2% (moderate). The 2024 annual accounts show equity of €30k and a net result of €5k. Equity is growing by ~325.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability66
Solvency97▲+38
Growth78▲+23
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.54 against 0.32 in 2022; short-term debt: 28.3% and cash: 3.8% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
71.7%
Return on assets
11.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
138 d late
2022
305 d late
2020
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€170k
EBIT margin
6.6%
Net result
€5k▲ 2,907%
2020 · €162
2020: €162
2020 → 2024
Working capital
€30k
2022 · €-3k
2020: €-3k
2022: €-3k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020222024Trend
Turnover€170k
Equity€2k-€2k=€30k▲ 1,304%
Operating result€597-€11k
Net result€162-€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €11k in 2024, compared with €597 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Equity and liabilities €42k
Equity
€30k ▲ 1,304%
Debt
€12k ▲ 179%
Debt's share of the balance-sheet total falls from 66.5% to 28.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.54▲
2022 · 0.32
Debt to equity
0.39▼
2022 · 1.98
ROE
16.1%
ROA
11.5%
Debt ≤ 1 year
€12k▲
2022 · €4k
Income taxes
€6k
Staff costs
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 40 lines
Balance sheet
Code20222024
Assets
Total assets20/58€6k€42k▲
Fixed assets21/28€5k€0▼
Tangible fixed assets22/27€5k-
Plant, machinery and equipment23€325€0▼
Other tangible fixed assets26€4k€0▼
Financial fixed assets28€363€0▼
Current assets29/58€1k€42k▲
Amounts receivable within one year40/41-€37k
Trade receivables40-€194
Other amounts receivable41-€37k
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€43€3k▲
Equity and liabilities
Total equity and liabilities10/49€6k€42k▲
Equity10/15€2k€30k▲
Contributions10/11€2k€2k▲
Profit (loss) carried forward14€162€28k▲
Amounts payable17/49€4k€12k▲
Amounts payable within one year42/48€4k€12k▲
Trade debts44€2k€12k▲
Suppliers440/4€2k€12k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Remuneration and social security454/9€98-
Other amounts payable47/48€333-
Income statement
Code20222024
Turnover70-€170k
Goods, raw materials, services and sundry goods60/61-€156k
Remuneration, social security and pensions62-€1k
Other operating charges640/8-€801
Gross operating margin9900-€13k
Operating profit (loss)9901-€11k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€192
Recurring financial charges65-€192
Profit (loss) for the period before taxes9903-€11k
Income taxes67/77-€6k
Profit (loss) for the period9904-€5k
Profit (loss) for the period to be appropriated9905-€5k
Appropriation of the result
Profit (loss) to be appropriated9906€162€28k▲
Profit (loss) brought forward from the previous period14P€162€23k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 138 days late
2024
31-12
Financial
Liquidity times 11current ratio 3.54
Current ratio from 0.32 to 3.54.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 305 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Denderleeuw · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spoorweglaan 179470 DenderleeuwGround area
251 m²
Building footprint
63 m²
Volume, LiDAR
290 m³
Parcel 41011A0566/00G003, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NGS CONCEPT
since 20202.361.712.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41011A0566/00G003 | Flanders | 251 m² | 1 · 63 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DE VARGAS CONSTRUCT
BE 0712.860.918
Sint-Gillis (bij-Brussel) · Eq €30,341
GROUP - NVC
BE 0777.446.981
Vilvoorde · Eq €30,338
Y&S Consultancy
BE 1001.789.274
Heusden-Zolder · Eq €30,358
DS BOUW
BE 0750.685.275
Geel · Eq €30,332
DM-Renovatie
BE 1017.614.825
Antwerpen · Eq €30,363
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,445 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.