iBC CONCEPT

Active

Private limited companyfounded 1989active for 36 yearsWatermolenstraat(Zar) 72, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0439.472.554

Summary

The computed 12-month bankruptcy probability of iBC CONCEPT is 2.5% (moderate). The 2025 annual accounts show negative equity (-€82,588) and a net result of -€62,642. Equity is shrinking by about 44% per year across the filed financial years. Its solvency ranks better than 6% of 9,302 sector peers (NACE 41, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

iBC CONCEPTActiveChecked score 49/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€185,156total assets 2025

Equity: -€82,588
Loss: -€62,642

Turnover not published (micro format)

Financial health

49 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

Accounts 39 days early0 of 2 deeds read

Why 49raises riskLoss of €62,642 (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)Negative equity -€82,588lowers riskSize: total assets €185,156Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 4% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-22

equity -44.6% of total assets

Liquidity 5-7

short-term debt 144.6% · cash 4.3%

Profitability 0-32

return on assets -33.8%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 2.5%▲ +1.7 percentage points vs 06-2026highest value 08-2026: 2.5%● unchanged vs 07-2026highest value 09-2026: 2.5%● unchanged vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.68, compared with 0.96 in 2024, below 1; short-term debt: 144.6% and cash: 4.3% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 3% on solvency, 6% on liquidity, 5% on profitability and 2% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €185,156

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €62,642 (financial year 2025)

NBB · annual accounts

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Negative equity -€82,588

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€82,588

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

39 days early

2024

23 days early

2023

12 days early

2022

32 days early

2021

38 days early

2020

37 days early

2019

13 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-06-2026 Annual accounts filedfinancial year 2025 · micro…
08-07-2025 Annual accounts filedfinancial year 2024 · micro…
19-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€82,588 View
Caution: Equity fell in 2025from -€19,946 to -€82,588 ▼ 314% View
Caution: Among the weakest 5% on net resultsector median €8,523 · 9,292 companies -€62,642 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year: 2025
Total assets: €185,156
Loss: -€62,642
Solvency: -44.6%

Total assets▼ 68.8%

Net result

20192025

Go to Financials

Timeline

Events: 37
Since: 1991
Next accounts: by 31-07-2027

31-12-2023Back to profit
29-06-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 18-12-1989
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about iBC CONCEPT

What is the company number of iBC CONCEPT?: 0439.472.554. In Belgium the VAT number is the company number with BE in front: BE 0439.472.554.
Where is iBC CONCEPT based?: The registered office is at Watermolenstraat(Zar) 72, 9500 Geraardsbergen.Company details
What does iBC CONCEPT do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of iBC CONCEPT?: Private limited company (BV).
When was iBC CONCEPT founded?: On 18-12-1989.
Is iBC CONCEPT still active?: Yes, iBC CONCEPT is an active enterprise in the KBO register.
What is the turnover of iBC CONCEPT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is iBC CONCEPT profitable?: In financial year 2025, iBC CONCEPT made a loss of €62,642.
Where can I find the annual accounts of iBC CONCEPT?: iBC CONCEPT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of iBC CONCEPT due?: By 31-07-2027, for financial year 2026.Timeline