SOLID CONCEPT
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of SOLID CONCEPT is 3.3% (moderate). The 2025 annual accounts show negative equity (-€10,466) and a net result of -€16,466. Its solvency ranks better than 11% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 04-02-2025 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.369.998.426 3930 Hamont-Achel, since 04-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- AKYOL GROUPDirector · since 04-02-2025 · permanent representative AKYOL Eyup
- KaH InvestDirector · since 04-02-2025 · permanent representative HULSBOSCH Kathleen
- R&V BouwwerkenDirector · since 04-02-2025 · permanent representative GREIJMANS,Veronique Katrina Maria
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.3%
- Gross margin
- -€11,296
- Loss
- €16,466
- Equity
- -€10,466
- Total assets
- €335,861
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2025Liquidity: current ratio 1.92, cash €1,583lowers riskSize: total assets €335,861Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 41, micro). It does better than 10% of them on solvency, 20% on liquidity and 18% on profitability.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
Comparable companies
These companies have the same main activity as SOLID CONCEPT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €251,000 and €405,000, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SOLID CONCEPT Hamont-Achel | 2025 | €335,861 | -€10,466 | -€11,296 | -€16,466 | 2025 |
| GLOM Construct Houthalen-Helchteren | 2025 | €405,413 | €24,512 | -€23,605 | -€37,488 | 2025 |
| S. PROJECTS Bonheiden | 2024 | €334,527 | -€24,975 | -€13,445 | -€27,475 | 2025 |
| CRE-8 Knokke-Heist | 2024 | €400,963 | €206,304 | -€53,921 | -€93,696 | 2025 |
| TOTAALPROJECT KERA Tielt | 2024 | €251,260 | €5,031 | €756 | -€4,969 | 2025 |
| PARRINELLO IMMO Châtelet | 2024 | €327,132 | €4,095 | -€9,456 | -€15,055 | 2025 |
| G Venture Pepinster | 2024 | €375,692 | -€13,699 | €1,364 | -€15,699 | 2025 |
They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 232 companies had the same profile as SOLID CONCEPT has now. Two years later, 1.7% had gone bankrupt and 96.1% were still going.
- Micro
- under 2 years old
- negative equity
- a small loss
The bankruptcy probability of SOLID CONCEPT itself is higher: 3.3% within 12 months. It rests on far more data about SOLID CONCEPT than the profile alone.
Test of the method
The method was tested on the 497,445 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 232 companies, not a prediction for SOLID 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.
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €544 |
| Gross operating margin9900 | -€11,296 |
| Operating profit (loss)9901 | -€11,840 |
| Financial charges65/66B | €4,626 |
| Recurring financial charges65 | €4,626 |
| Profit (loss) for the period before taxes9903 | -€16,466 |
| Profit (loss) for the period9904 | -€16,466 |
| Profit (loss) for the period to be appropriated9905 | -€16,466 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €335,861 | |
| Fixed assets21/28 | €3,426 | |
| Financial fixed assets28 | €3,426 | |
| Current assets29/58 | €332,436 | |
| Stocks and contracts in progress3 | €320,458 | |
| Stocks30/36 | €320,458 | |
| Amounts receivable within one year40/41 | €7,338 | |
| Other amounts receivable41 | €7,338 | |
| Cash at bank and in hand54/58 | €1,583 | |
| Deferred charges and accrued income490/1 | €3,057 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €335,861 | |
| Equity10/15 | -€10,466 | |
| Contributions10/11 | €6,000 | |
| Profit (loss) carried forward14 | -€16,466 | |
| Amounts payable17/49 | €346,327 | |
| Amounts payable after more than one year17 | €173,258 | |
| Other amounts payable178/9 | €173,258 | |
| Amounts payable within one year42/48 | €173,069 | |
| Financial debts43 | €164,929 | |
| Credit institutions430/8 | €164,929 | |
| Trade debts44 | €8,140 | |
| Suppliers440/4 | €8,140 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€16,466 |
| Operating cash flow (approximation) | -€16,466 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00259745 | NBB |
Board & ownership
Directors
Board 3
Permanent representatives 3
Owners and capital
Shareholders
- GREIJMANS,Veronique Katrina Maria founder
- HULSBOSCH Kathleen 150 shares (25%) · €1,500
- AKYOL Eyup 300 shares (50%) · €3,000
- GREIJMANS Veronique 150 shares (25%) · €1,500
Capital transactions
- 06-02-2025 Incorporation · €6,000 · 600 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| AKYOL GROUP |
|
| KaH Invest |
|
| R&V Bouwwerken |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan”“Algemene kosten los van representatie- reis- en verplaatsingskosten, of mandaat al dan niet ten kosteloze titel”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, elk moment”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, recht een of meer vereffenaars aan te duiden,bevoegdheden te omlijnen en vergoeding…”
Articles of association, deed of 06-02-2025 (in Dutch)
Network & group
SOLID CONCEPT shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of SOLID CONCEPT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-02
Gazette deed
IncorporationAppointments: R&V BOUWWERKEN, KAH INVEST and AKYOL GROUP · Permanent representatives: GREIJMANS,Veronique Katrina Maria, HULSBOSCH Kathleen and AKYOL Eyup · Founder16 points ▸
- Founder, GREIJMANS,Veronique Katrina Maria
- Founder, HULSBOSCH Kathleen
- Founder, AKYOL Eyup
- Incorporation, “SOLID CONCEPT” (deed in Dutch)
- Founding capital, €6,000
- Bank account, “vennootschap in oprichting, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “bevestiging deponering en beschikking”, EUR (deed in Dutch)
- Registered office clause, “3930 Hamont-Achel,Achel Statie 80/0102” (deed in Dutch)
- Board rule, 3
- Director appointment, R&V BOUWWERKEN (director (not named in the articles))
- Permanent representative, GREIJMANS,Veronique Katrina Maria
- Director appointment, KAH INVEST (director (not named in the articles))
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1019.567.691
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72001A1340/00D000 | Flanders | 812 m² | 1 · 242 m² | 18.2 m · 3 |