AS CONCEPT WINDOWS
ActiveSummary
The computed 12-month bankruptcy probability of AS CONCEPT WINDOWS is 2.7% (moderate). The 2025 annual accounts show equity of €23k and a net result of €-2k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-39
Solvency59▲+8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.41 in 2023; short-term debt: 55.2% and cash: 57% of total assets), but 66.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.9%
Return on assets
-2.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
32 d early
2023
61 d late
2022
86 d late
2021
38 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€302k
EBIT margin
3.8%
Net result
€-2k
2023 · €33k
2021: €4k
2022: €6k
2023: €33k
2021 → 2025
Working capital
€28k▲ 5.6%
2023 · €26k
2021: €462
2022: €-25k
2023: €26k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232025Trend
Turnover€302k
Equity€4k-€10k▲ 139%€33k▲ 224%€23k▼ 32.6%
Operating result€7k-€12k▲ 75.5%€46k▲ 303%€4k▼ 90.5%
Net result€4k-€6k▲ 39.4%€33k▲ 452%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €4k in 2025, compared with €46k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€2k ▼ 94.7%
Current assets
€64k ▼ 28.3%
Equity and liabilities €66k
Equity
€23k ▼ 32.6%
Debt
€44k ▼ 54.5%
Debt's share of the balance-sheet total falls from 74.3% to 66.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▼
2023 · €70k
Cash flow
€13k▼
2023 · €57k
Current ratio
1.75▲
2023 · 1.41
Debt to equity
1.95▼
2023 · 2.88
ROE
-7.4%▼
2023 · 99.1%
ROA
-2.5%▼
2023 · 25.5%
Interest coverage
5.43▼
2023 · 26.20
Debt ≤ 1 year
€37k▼
2023 · €63k
Debt > 1 year
€7k▼
2023 · €33k
Income taxes
€3k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2023 · 43 lines
Balance sheet
Code20232025
Assets
Total assets20/58€130k€66k▼
Fixed assets21/28€40k€2k▼
Tangible fixed assets22/27€40k€2k▼
Plant, machinery and equipment23€429-
Furniture and vehicles24€40k€2k▼
Current assets29/58€89k€64k▼
Amounts receivable within one year40/41€57k€26k▼
Trade receivables40€47k€23k▼
Other amounts receivable41€10k€3k▼
Cash at bank and in hand54/58€31k€38k▲
Deferred charges and accrued income490/1€1k€654▼
Equity and liabilities
Total equity and liabilities10/49€130k€66k▼
Equity10/15€33k€23k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€18k€8k▼
Amounts payable17/49€96k€44k▼
Amounts payable after more than one year17€33k€7k▼
Financial debts170/4€33k€7k▼
Amounts payable within one year42/48€63k€37k▼
Current portion of amounts payable after more than one year42€19k€11k▼
Trade debts44€464€1k▲
Suppliers440/4€464€1k▲
Taxes, remuneration and social security45€24k€24k▼
Taxes450/3€24k€22k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€20k-
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€14k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€72k€24k▼
Operating profit (loss)9901€46k€4k▼
Financial income75/76B€154€58▼
Recurring financial income75€154€58▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€44k€1k▼
Income taxes67/77€11k€3k▼
Profit (loss) for the period9904€33k€-2k▼
Profit (loss) for the period to be appropriated9905€33k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€8k▼
Profit (loss) brought forward from the previous period14P€10k€9k▼
Profit to be distributed694/7€25k-
Return on contributions (dividend)694€25k-
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k ▼105%
Net result drops to €-2k, the lowest in the series.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2021net €33k ▲452%
Operating result €46k, net result €33k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.41
Current ratio from 0.45 to 1.41.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kraainem · 1 establishment unit since 2021
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.
Jozef Van Hovestraat 611950 KraainemGround area
2,035 m²
Building footprint
248 m²
Volume, LiDAR
1,585 m³
2 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AS CONCEPT WINDOWS SRL
since 20212.315.899.744
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002A0071/00N000 | Flanders | 1,819 m² | 1 · 187 m² | 11.1 m · 2 fl. |
| 23352F0236/00S004 | Flanders | 216 m² | 1 · 60 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Dakwerken Dennis
BE 0688.537.672
Willebroek · Eq €22,495
GLÖCKNER MICHAEL ALGEMENE SCHRIJNWERKEN
BE 0842.208.834
Essen · Eq €22,494
Amisolux
BE 0755.449.955
Roeselare · Eq €22,525
T.P.C WOOD
BE 0803.679.840
Sainte-Ode · Eq €22,473
JOS +
BE 0834.940.564
Gent · Eq €22,457
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
25401Forging of metal
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.