ANCO Concept
ActiveSummary
ANCO Concept has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €159,339 and a net result of €58,259. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94=
Solvency74▲+11
Growth85=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.78 in 2023; short-term debt: 22.1% and cash: 19.6% of total assets), and 51.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
6 d late
2022
35 d early
2021
8 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€145,474▼ 13.2%
2023 · €167,621
EBIT margin
55.1%▲ 8.7pp
2023 · 46.4%
Net result
€58,259▲ 3.6%
2023 · €56,258
Working capital
-€8,057▲ 44.1%
2023 · -€14,411
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€70,042-€139,825▲ 99.6%€167,621▲ 19.9%€145,474▼ 13.2%
Operating result€27,680-€58,214▲ 110%€77,768▲ 33.6%€80,137▲ 3.0%
Net result€18,561within the sector's middle half-€41,761within the sector's middle half▲ 125%€56,258within the sector's middle half▲ 34.7%€58,259within the sector's middle half▲ 3.6%
EBIT margin39.5%-41.6%▲ 2.1pp46.4%▲ 4.8pp55.1%▲ 8.7pp
Equity€20,561below the sector's middle half-€62,322within the sector's middle half▲ 203%€118,580within the sector's middle half▲ 90.3%€159,339within the sector's middle half▲ 34.4%
Total assets€223,354within the sector's middle half-€298,346within the sector's middle half▲ 33.6%€315,830within the sector's middle half▲ 5.9%€327,574within the sector's middle half▲ 3.7%
Debt€202,793-€236,024▲ 16.4%€197,250▼ 16.4%€168,235▼ 14.7%
Working capital-€37,420--€25,225▲ 32.6%-€14,411▲ 42.9%-€8,057▲ 44.1%
Solvency9.2%below the sector's middle half-20.9%below the sector's middle half▲ 11.7pp37.5%within the sector's middle half▲ 16.7pp48.6%within the sector's middle half▲ 11.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €327,574
Fixed assets
€263,314 ▼ 0.4%
Current assets
€64,260 ▲ 25.1%
Equity and liabilities €327,574
Equity
€159,339 ▲ 34.4%
Debt
€168,235 ▼ 14.7%
Debt's share of the balance-sheet total falls from 62.5% to 51.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82,367▲
2023 · €80,314
Cash flow
€60,489▲
2023 · €58,804
Current ratio
0.89▲
2023 · 0.78
Debt to equity
1.06▼
2023 · 1.66
ROE
36.6%▼
2023 · 47.4%
ROA
17.8%▼
2023 · 17.8%
Interest coverage
77.08▲
2023 · 53.54
Debt ≤ 1 year
€72,317▲
2023 · €65,784
Debt > 1 year
€95,918▼
2023 · €131,466
Income taxes
€20,809▲
2023 · €20,010
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €70,042 | €139,825 | €167,621 | €145,474 | ▼ 13.2% |
| Goods, raw materials, services and sundry goods60/61 | €36,038 | €80,733 | €88,130 | €63,969 | ▼ 27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,656 | €5,975 | €2,545 | €2,230 | ▼ 12.4% |
| Other operating charges640/8 | €1,119 | €5,427 | €1,152 | €968 | ▼ 16.0% |
| Gross operating margin9900 | €35,455 | €69,616 | €81,466 | €83,335 | ▲ 2.3% |
| Operating profit (loss)9901 | €27,680 | €58,214 | €77,768 | €80,137 | ▲ 3.0% |
| Financial income75/76B | €2 | €1 | €0 | - | - |
| Recurring financial income75 | €2 | €1 | €0 | - | - |
| Financial charges65/66B | €1,692 | €1,808 | €1,500 | €1,069 | ▼ 28.8% |
| Recurring financial charges65 | €1,692 | €1,808 | €1,500 | €1,069 | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | €25,990 | €56,407 | €76,268 | €79,068 | ▲ 3.7% |
| Income taxes67/77 | €7,429 | €14,646 | €20,010 | €20,809 | ▲ 4.0% |
| Profit (loss) for the period9904 | €18,561 | €41,761 | €56,258 | €58,259 | ▲ 3.6% |
| Profit (loss) for the period to be appropriated9905 | €18,561 | €41,761 | €56,258 | €58,259 | ▲ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €223,354 | €298,346 | €315,830 | €327,574 | ▲ 3.7% |
| Fixed assets21/28 | €188,404 | €254,170 | €264,457 | €263,314 | ▼ 0.4% |
| Tangible fixed assets22/27 | €13,404 | €4,170 | €14,457 | €13,314 | ▼ 7.9% |
| Furniture and vehicles24 | €13,404 | €1,527 | €1,708 | €1,894 | ▲ 10.9% |
| Other tangible fixed assets26 | - | €2,643 | €12,749 | €11,420 | ▼ 10.4% |
| Financial fixed assets28 | €175,000 | €250,000 | €250,000 | €250,000 | = |
| Current assets29/58 | €34,950 | €44,176 | €51,373 | €64,260 | ▲ 25.1% |
| Cash at bank and in hand54/58 | €34,950 | €44,176 | €51,373 | €64,260 | ▲ 25.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €223,354 | €298,346 | €315,830 | €327,574 | ▲ 3.7% |
| Equity10/15 | €20,561 | €62,322 | €118,580 | €159,339 | ▲ 34.4% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €18,561 | €60,322 | €116,580 | €157,339 | ▲ 35.0% |
| Amounts payable17/49 | €202,793 | €236,024 | €197,250 | €168,235 | ▼ 14.7% |
| Amounts payable after more than one year17 | €130,423 | €166,623 | €131,466 | €95,918 | ▼ 27.0% |
| Financial debts170/4 | €130,423 | €166,623 | €131,466 | €95,918 | ▼ 27.0% |
| Amounts payable within one year42/48 | €72,370 | €69,401 | €65,784 | €72,317 | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | €44,311 | €38,800 | €35,157 | €35,548 | ▲ 1.1% |
| Trade debts44 | €596 | €2,644 | €197 | - | - |
| Suppliers440/4 | €596 | €2,644 | €197 | - | - |
| Advances received on contracts in progress46 | - | - | - | €20,000 | - |
| Taxes, remuneration and social security45 | €22,963 | €25,415 | €28,753 | €12,502 | ▼ 56.5% |
| Taxes450/3 | €22,963 | €25,415 | €28,753 | €12,502 | ▼ 56.5% |
| Other amounts payable47/48 | €4,500 | €2,543 | €1,678 | €4,267 | ▲ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,561 | €41,761 | €56,258 | €58,259 | ▲ 3.6% |
| + Depreciation and write-downs630 | €6,656 | €5,975 | €2,545 | €2,230 | ▼ 12.4% |
| Operating cash flow (approximation) | €25,217 | €47,736 | €58,804 | €60,489 | ▲ 2.9% |
| Investment in fixed assets (approximation) | - | -€71,741 | -€12,833 | -€1,087 | ▲ 91.5% |
| Change in cash | - | €9,227 | €7,197 | €12,887 | ▲ 79.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2021net €58,259 ▲3.6%
Operating result €80,137, net result €58,259, both a record.
31-12
Financial
Equity above €150,000Eq €159,339 ▲34.4%
4 profitable years in a row build equity to €159,339.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Equity above €100,000Eq €118,580 ▲90.3%
3 profitable years in a row build equity to €118,580.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Theux · 1 establishment unit since 2021
Ground area
1,390 m²
Building footprint
120 m²
Volume, LiDAR
446 m³
Parcel 63044B0494/00X000, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ANCO Concept
since 20212.315.710.692
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63044B0494/00X000 | Wallonia | 1,390 m² | 1 · 120 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- Sourceaccounts RECO + 20256.25%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,757 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765216568
Registered
03-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.