NL CONCEPTION
ActiveThe computed 12-month bankruptcy probability of NL CONCEPTION is 2.7% (moderate). The 2025 annual accounts show equity of €8k and a net result of €3k. Its solvency ranks better than 14% of 27711 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-6
Solvency35▼-7
Growth52
Track record82
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.02 against 1.61 in 2024; short-term debt: 89.9% and cash: 0.6% of total assets), and 89.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days 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 · 2 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 46.5%
2024 · €6k
2024: €6k
2024 → 2025
Total assets
€82k▲ 152%
2024 · €33k
2024: €33k
2024 → 2025
Net result
€3k▼ 1.0%
2024 · €3k
2024: €3k
2024 → 2025
Working capital
€1k▼ 88.2%
2024 · €12k
2024: €12k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€6k-€8k▲ 46.5%
Operating result€4k-€4k▼ 3.7%
Net result€3k-€3k▼ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€6k▲ 493%
Current assets
€75k▲ 146%
Equity and liabilities €82k
Equity
€8k▲ 46.5%
Debt
€74k▲ 175%
The debt ratio rises from 82.7% to 89.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €4k
Cash flow
€5k▲
2024 · €3k
Solvency
10.1%▼
2024 · 17.3%
Current ratio
1.02▼
2024 · 1.61
Quick ratio
1.02▼
2024 · 1.61
Debt / equity
8.93▲
2024 · 4.77
ROE
31.7%▼
2024 · 47.0%
ROA
3.2%▼
2024 · 8.1%
Interest coverage
56.28▲
2024 · 50.36
Debt
€74k▲
2024 · €27k
Debt ≤ 1 year
€74k▲
2024 · €19k
Income taxes
€1k▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€33k€82k▲
Formation expenses20€875€525▼
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€1k€6k▲
Plant, machinery and equipment23€1k€6k▲
Current assets29/58€31k€75k▲
Amounts receivable within one year40/41€28k€70k▲
Trade receivables40€28k€70k▲
Other amounts receivable41€930€8▼
Cash at bank and in hand54/58€2k€482▼
Deferred charges and accrued income490/1€123€5k▲
Equity and liabilities
Total equity and liabilities10/49€33k€82k▲
Equity10/15€6k€8k▲
Contributions10/11€3k€3k=
Reserves13€3k€5k▲
Distributable reserves133€3k€5k▲
Amounts payable17/49€27k€74k▲
Amounts payable within one year42/48€19k€74k▲
Trade debts44€18k€68k▲
Suppliers440/4€18k€68k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€305€1k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€391€2k▲
Other operating charges640/8€151€866▲
Gross operating margin9900€5k€7k▲
Operating profit (loss)9901€4k€4k▼
Financial income75/76B-€107
Recurring financial income75-€107
Financial charges65/66B€87€102▲
Recurring financial charges65€87€102▲
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€3k€3k▼
Profit (loss) for the period to be appropriated9905€3k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€3k▼
Transfer to equity691/2€3k€3k▼
To other reserves6921€3k€3k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
Directors · office · real estate
Directors
2 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, Genappe · 1 establishment unit since 2024
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.
Chaussée Provinciale 161470 GenappeGround area
2,067 m²
Building footprint
97 m²
Parcel 25003C0027/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NL CONCEPTION
since 20242.363.170.715
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003C0027/00V000 | Wallonia | 2,067 m² | 1 · 97 m² | - |
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
DIRK GOEMINNE INTERIEURS
BE 0469.358.650
Balen · Eq €8k
SR RAMEN & DEUREN
BE 0839.011.693
Hasselt · Eq €8k
ISOLUX - Repair
BE 1007.419.630
Neufchâteau · Eq €8k
PARECO CONSTRUCT
BE 0554.942.740
Thuin · Eq €8k
DE AMBACHTHOEVE
BE 0819.846.275
Sint-Laureins · Eq €8k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 4,204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2023
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
41001General construction of residential buildings
43310Plastering work
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.