BDC CONCEPT
ActiveSummary
BDC CONCEPT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €5k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-41
Solvency100▲+20
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.16 in 2024; short-term debt: 18% and cash: 7.9% of total assets), and 18% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82%
Return on assets
5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 10 filingsDeviation from the deadline
2025
48 d late
2024
56 d late
2023
47 d late
2022
23 d late
2021
31 d late
2020
19 d late
2019
73 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
Equity
€81k▲ 1.2%
2024 · €80k
2018: €41k
2019: €49k
2020: €62k
2021: €73k
2022: €74k
2023: €74k
2024: €80k
2018 → 2025
Total assets
€99k▼ 31.7%
2024 · €145k
2018: €102k
2019: €131k
2020: €135k
2021: €158k
2022: €120k
2023: €98k
2024: €145k
2018 → 2025
Net result
€5k▼ 84.2%
2024 · €31k
2018: €48k
2019: €37k
2020: €28k
2021: €26k
2022: €1k
2023: €-465
2024: €31k
2018 → 2025
Working capital
€27k▲ 166%
2024 · €10k
2018: €24k
2019: €73k
2020: €95k
2021: €107k
2022: €4k
2023: €4k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€74k▲ 1.7%€74k▼ 0.6%€80k▲ 8.6%€81k▲ 1.2%
Operating result€30k-€3k▼ 91.6%€-196€33k€6k▼ 82.6%
Net result€26k-€1k▼ 95.1%€-465€31k€5k▼ 84.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€54k ▼ 22.8%
Current assets
€45k ▼ 40.0%
Equity and liabilities €99k
Equity
€81k ▲ 1.2%
Debt
€18k ▼ 72.5%
Debt's share of the balance-sheet total falls from 44.6% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.52▲
2024 · 1.16
Quick ratio
1.82▲
2024 · 1.14
Debt to equity
0.22▼
2024 · 0.81
ROE
6.1%▼
2024 · 39.0%
ROA
5.0%▼
2024 · 21.6%
Debt ≤ 1 year
€18k▼
2024 · €65k
Income taxes
€655▼
2024 · €2k
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 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€145k€99k▼
Fixed assets21/28€70k€54k▼
Financial fixed assets28€70k€54k▼
Current assets29/58€75k€45k▼
Stocks and contracts in progress3€1k€13k▲
Stocks30/36€1k€13k▲
Amounts receivable within one year40/41€59k€25k▼
Trade receivables40€48k€23k▼
Other amounts receivable41€11k€1k▼
Cash at bank and in hand54/58€14k€8k▼
Equity and liabilities
Total equity and liabilities10/49€145k€99k▼
Equity10/15€80k€81k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€60k€61k▲
Amounts payable17/49€65k€18k▼
Amounts payable within one year42/48€65k€18k▼
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Advances received on contracts in progress46€9k-
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€5k-
Other amounts payable47/48€37k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€5k-
Other operating charges640/8€677€688▲
Gross operating margin9900€39k€6k▼
Operating profit (loss)9901€33k€6k▼
Financial income75/76B€31€43▲
Recurring financial income75€31€43▲
Financial charges65/66B€194€245▲
Recurring financial charges65€194€245▲
Profit (loss) for the period before taxes9903€33k€6k▼
Income taxes67/77€2k€655▼
Profit (loss) for the period9904€31k€5k▼
Profit (loss) for the period to be appropriated9905€31k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€65k▼
Profit (loss) brought forward from the previous period14P€54k€60k▲
Profit to be distributed694/7€25k€4k▼
Directors or managers695€25k€4k▼
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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 2.52
Current ratio from 1.16 to 2.52; short-term debt falls from €65k to €18k.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial
Weakest financial yearnet €-465 ▼136%
Net result drops to €-465, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Elsene · 1 establishment unit since 2011
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.
Waterloose Steenweg 4721050 ElseneGround area
960 m²
Building footprint
135 m²
Volume, LiDAR
2,113 m³
Parcel 21447B0305/00Y029, Brussels · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Waterloose Steenweg 472, 1050 Elsene
since 20112.204.905.713
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0305/00Y029 | Brussels | 960 m² | 1 · 135 m² | 21.3 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
HDM Technical Solutions
BE 0802.310.655
Heusden-Zolder · Eq €82k
FOURTECH
BE 0781.297.386
Harelbeke · Eq €81k
RCITIZEN
BE 0795.293.694
Wemmel · Eq €80k
MTS-INFRA
BE 0801.507.931
Hamme (Vl.) · Eq €83k
J-Tech
BE 0768.360.358
Laakdal · Eq €79k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 705 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
Founded10-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.