KV CONCEPT

Active

Private limited companyfounded 2016active for 10 yearsExcelsiorlaan 71, 1930 Zaventem, Belgium287 active companies are registered at this addressKBO/BCE: BE 0660.606.622

Summary

The computed 12-month bankruptcy probability of KV CONCEPT is 14.7% (high). The 2024 annual accounts show equity of €35,058 and a net result of €22,595. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

KV CONCEPTActiveChecked score 30/100

Risk analysis Report Compare

Activity

Other construction installation

NACE 43240Specialised construction activities NACE 43342

1 site

Size

€147,190turnover 2024

Equity: €35,058
Profit: €22,595

Financial health

30 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 14.7%

Structure

GUMUS MehmetDirector

Accounts 85 days overdue3 of 8 deeds read

Why 30raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 09-10-2025)1 financial year not filed after the legal deadline; latest accounts 67 days late; 1 of the last 3 lateLiquidity: current ratio 1.49, cash €1,884Show the evidence

Checked score

Score 2024

30 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 54% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 60+18

equity 34.9% of total assets

Liquidity 18+13

short-term debt 65.1% · cash 1.9%

Profitability 94-6

return on assets 22.5%

Bankruptcy probability, 12 months

14.7% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,613 companies, NACE 43, micro)

Last 24 months 11-2024: 1.3% 12-2024: 1.2%▼ -0.1 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.6 percentage points vs 07-2025 09-2025: 2.3%▲ +0.5 percentage points vs 08-2025 10-2025: 4.0%▲ +1.7 percentage points vs 09-2025 11-2025: 2.3%▼ -1.7 percentage points vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 6.9%▲ +4.6 percentage points vs 05-2026 07-2026: 7.0%▲ +0.1 percentage points vs 06-2026 08-2026: 8.0%▲ +1.0 percentage point vs 07-2026 09-2026: 9.7%▲ +1.7 percentage points vs 08-2026 10-2026: 14.7%▲ +5.0 percentage points vs 09-2026highest value

Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.49, compared with 1.15 in 2023, below the usual 1.5; short-term debt: 65.1% and cash: 1.9% of total assets), and 65.1% of the assets are financed with debt and provisions.

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 43, micro): better than 37% on solvency, 10% on liquidity, 80% on profitability and 91% 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).

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Signals

Six signals.

raises riskneutral

2 changes of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 09-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 67 days late; 1 of the last 3 late

NBB · filings

Liquidity: current ratio 1.49, cash €1,884

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 8 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 8 filings

Deviation from the deadline

2025

not filed

2024

67 days late

2023

28 days late

2022

21 days late

2021

24 days late

2020

26 days late

2019

91 days late

← before the deadline after the deadline →

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

This company filed its last 6 accounts on average 43 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-05-2026 Registered office · Amendment of the…Legal-form conversion · Capital
06-10-2025 Annual accounts filedfinancial year 2024 · micro…
16-12-2024 Resignations: GUMUS Nevzat (director) and GUMUS…Appointment: GUMUS Mehmet (director) ·…

Key points

Caution: Accounts not fileddeadline was 31-07-2026 85 days late View
One director decidessole director in office 1 View
Turnover 20244 financial years filed €147,190 View

By topic

Financials

Financial year: 2024
Turnover: €147,190
Profit: €22,595
Solvency: 34.9%

Turnover▲ 28.2%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member

GUMUS MehmetDirector

Go to Board & ownership

Timeline

Events: 14
Since: 2018

28-08-2024Annual accounts filed
31-12-2023Highest result from 2018 to 2024
21-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other construction installationNACE 43240
Founded: 01-08-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 31

Annual meeting: Third Friday of June at 18:00
Purpose: “De aankoop,verkoop,verhuur,invoer en uitvoer van alle materialen,goederen,apparaten en…” (deed in Dutch)

Go to Articles of association

Key facts about KV CONCEPT

What is the company number of KV CONCEPT?: 0660.606.622. In Belgium the VAT number is the company number with BE in front: BE 0660.606.622.
Where is KV CONCEPT based?: The registered office is at Excelsiorlaan 71, 1930 Zaventem.Company details
What does KV CONCEPT do?: According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of KV CONCEPT?: Private limited company (BV).
When was KV CONCEPT founded?: On 01-08-2016.
Is KV CONCEPT still active?: Yes, KV CONCEPT is an active enterprise in the KBO register.
What is the turnover of KV CONCEPT?: €147,190 in financial year 2024, according to the filed annual accounts.Financials
Is KV CONCEPT profitable?: In financial year 2024, KV CONCEPT made a profit of €22,595.
Where can I find the annual accounts of KV CONCEPT?: KV CONCEPT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.