BDC CONCEPT
ActiveSummary
BDC CONCEPT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,315 and a net result of €4,946. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 90% of 1,252 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Financials · financial year 2025, micro format
2025 annual accounts filed late (48 days) Filed on 17 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514998.
Turnover
≈ €50,000
Estimated: probably between €23,000 and €120,000
Total assets
€99,168▼ 31.7%
2024 · €145,185
Net result
€4,946▼ 84.2%
2024 · €31,344
Working capital
€27,182▲ 166%
2024 · €10,235
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 83% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€5,804
2025
Net result€4,946
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€99,168
2025
Equity€81,315
2025
Debt€17,853
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€27,182
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.52
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€55,316-€41,231▼ 25.5%€32,889▼ 20.2%€30,145▼ 8.3%€2,520▼ 91.6%-€196€33,421€5,804▼ 82.6%
Net result€47,551-€37,383▼ 21.4%€28,208within the sector's middle half▼ 24.5%€26,216within the sector's middle half▼ 7.1%€1,275within the sector's middle half▼ 95.1%-€465below the sector's middle half€31,344within the sector's middle half€4,946within the sector's middle half▼ 84.2%
Equity€41,407-€48,790▲ 17.8%€61,998within the sector's middle half▲ 27.1%€73,214within the sector's middle half▲ 18.1%€74,489within the sector's middle half▲ 1.7%€74,024within the sector's middle half▼ 0.6%€80,368within the sector's middle half▲ 8.6%€81,315within the sector's middle half▲ 1.2%
Total assets€101,844-€131,294▲ 28.9%€135,252within the sector's middle half▲ 3.0%€157,540within the sector's middle half▲ 16.5%€120,342within the sector's middle half▼ 23.6%€97,939within the sector's middle half▼ 18.6%€145,185within the sector's middle half▲ 48.2%€99,168within the sector's middle half▼ 31.7%
Debt€60,437-€49,053▼ 18.8%€39,803▼ 18.9%€50,874▲ 27.8%€45,853▼ 9.9%€23,914▼ 47.8%€64,817▲ 171%€17,853▼ 72.5%
Working capital€24,029-€73,485▲ 206%€95,316above the sector's middle half▲ 29.7%€106,532above the sector's middle half▲ 11.8%€4,356within the sector's middle half▼ 95.9%€3,891within the sector's middle half▼ 10.7%€10,235within the sector's middle half▲ 163%€27,182within the sector's middle half▲ 166%
Solvency40.7%-37.2%▼ 3.5pp45.8%within the sector's middle half▲ 8.7pp46.5%within the sector's middle half▲ 0.6pp61.9%within the sector's middle half▲ 15.4pp75.6%above the sector's middle half▲ 13.7pp55.4%within the sector's middle half▼ 20.2pp82.0%above the sector's middle half▲ 26.6pp
Current ratio1.40-2.50▲ 1.103.39above the sector's middle half▲ 0.903.09above the sector's middle half▼ 0.301.10within the sector's middle half▼ 2.001.16within the sector's middle half▲ 0.071.16within the sector's middle half=2.52within the sector's middle half▲ 1.36
Return on assets (ROA)46.7%-28.5%▼ 18.2pp20.9%above the sector's middle half▼ 7.6pp16.6%within the sector's middle half▼ 4.2pp1.1%within the sector's middle half▼ 15.6pp-0.5%below the sector's middle half▼ 1.5pp21.6%above the sector's middle half▲ 22.1pp5.0%within the sector's middle half▼ 16.6pp
Staff (FTE)1.5-1.1▼ 26.7%1.2within the sector's middle half▲ 9.1%1.2=0.8▼ 33.3%
above
within
below
the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,168
Fixed assets
€54,133 ▼ 22.8%
Current assets
€45,035 ▼ 40.0%
Equity and liabilities €99,168
Equity
€81,315 ▲ 1.2%
Debt
€17,853 ▼ 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
Quick ratio
1.82▲
2024 · 1.14
Debt to equity
0.22▼
2024 · 0.81
ROE
6.1%▼
2024 · 39.0%
Debt ≤ 1 year
€17,853▼
2024 · €64,817
Income taxes
€655▼
2024 · €1,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €9,626 | €18,384 | €5,136 | €5,140 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,623 | €8,623 | €8,623 | - | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€33,451 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €827 | €716 | €660 | €677 | €688 | ▲ 1.6% |
| Gross operating margin9900 | €92,779 | €120,984 | €61,422 | €40,597 | -€11,831 | €5,601 | €39,238 | €6,492 | ▼ 83.5% |
| Operating profit (loss)9901 | €55,316 | €41,231 | €32,889 | €30,145 | €2,520 | -€196 | €33,421 | €5,804 | ▼ 82.6% |
| Financial income75/76B | - | - | - | €0 | €1 | €41 | €31 | €43 | ▲ 38.4% |
| Recurring financial income75 | €0 | €225 | €1 | €0 | €1 | €41 | €31 | €43 | ▲ 38.4% |
| Financial charges65/66B | - | - | - | €135 | €80 | €234 | €194 | €245 | ▲ 26.4% |
| Recurring financial charges65 | €80 | €651 | €153 | €135 | €80 | €234 | €194 | €245 | ▲ 26.4% |
| Profit (loss) for the period before taxes9903 | €55,237 | €40,805 | €32,737 | €30,010 | €2,441 | -€388 | €33,258 | €5,601 | ▼ 83.2% |
| Income taxes67/77 | €7,685 | €3,422 | €4,529 | €3,794 | €1,166 | €77 | €1,914 | €655 | ▼ 65.8% |
| Profit (loss) for the period9904 | €47,551 | €37,383 | €28,208 | €26,216 | €1,275 | -€465 | €31,344 | €4,946 | ▼ 84.2% |
| Profit (loss) for the period to be appropriated9905 | €47,551 | €37,383 | €28,208 | €26,216 | €1,275 | -€465 | €31,344 | €4,946 | ▼ 84.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €101,844 | €131,294 | €135,252 | €157,540 | €120,342 | €97,939 | €145,185 | €99,168 | ▼ 31.7% |
| Fixed assets21/28 | €17,378 | €8,756 | €133 | €133 | €70,133 | €70,133 | €70,133 | €54,133 | ▼ 22.8% |
| Tangible fixed assets22/27 | €17,245 | €8,623 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €133 | €133 | €133 | €133 | €70,133 | €70,133 | €70,133 | €54,133 | ▼ 22.8% |
| Current assets29/58 | €84,465 | €122,538 | €135,119 | €157,407 | €50,209 | €27,806 | €75,052 | €45,035 | ▼ 40.0% |
| Stocks and contracts in progress3 | €3,885 | - | - | - | - | €1,364 | €1,364 | €12,623 | ▲ 826% |
| Stocks30/36 | - | - | - | - | - | €1,364 | €1,364 | €12,623 | ▲ 826% |
| Amounts receivable within one year40/41 | €27,512 | €91,521 | €84,334 | €109,883 | €47,925 | €24,847 | €59,253 | €24,592 | ▼ 58.5% |
| Trade receivables40 | - | - | - | €22,299 | €37,648 | €18,774 | €48,268 | €23,220 | ▼ 51.9% |
| Other amounts receivable41 | - | - | - | €87,584 | €10,277 | €6,072 | €10,985 | €1,372 | ▼ 87.5% |
| Cash at bank and in hand54/58 | €53,068 | €31,017 | €50,785 | €47,524 | €2,284 | €1,595 | €14,435 | €7,820 | ▼ 45.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €101,844 | €131,294 | €135,252 | €157,540 | €120,342 | €97,939 | €145,185 | €99,168 | ▼ 31.7% |
| Equity10/15 | €41,407 | €48,790 | €61,998 | €73,214 | €74,489 | €74,024 | €80,368 | €81,315 | ▲ 1.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €20,947 | €28,330 | €41,538 | €52,754 | €54,029 | €53,564 | €59,908 | €60,855 | ▲ 1.6% |
| Provisions and deferred taxes16 | - | €33,451 | €33,451 | €33,451 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €33,451 | - | - | - | - | - |
| Environmental obligations163 | - | - | - | €33,451 | - | - | - | - | - |
| Amounts payable17/49 | €60,437 | €49,053 | €39,803 | €50,874 | €45,853 | €23,914 | €64,817 | €17,853 | ▼ 72.5% |
| Amounts payable within one year42/48 | €60,437 | €49,053 | €39,803 | €50,874 | €45,853 | €23,914 | €64,817 | €17,853 | ▼ 72.5% |
| Trade debts44 | €22,896 | €15,409 | €17,893 | €18,777 | €2,945 | €5,175 | €11,425 | €9,730 | ▼ 14.8% |
| Suppliers440/4 | - | - | - | €18,777 | €2,945 | €5,175 | €11,425 | €9,730 | ▼ 14.8% |
| Advances received on contracts in progress46 | - | - | - | €2,446 | €2,446 | - | €9,000 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €14,651 | €11,968 | €5,108 | €6,945 | €2,569 | ▼ 63.0% |
| Taxes450/3 | - | - | - | €10,703 | €7,313 | €77 | €1,914 | €2,569 | ▲ 34.2% |
| Remuneration and social security454/9 | - | - | - | €3,947 | €4,656 | €5,031 | €5,031 | - | - |
| Other amounts payable47/48 | - | - | - | €15,000 | €28,493 | €13,631 | €37,447 | €5,554 | ▼ 85.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,551 | €37,383 | €28,208 | €26,216 | €1,275 | -€465 | €31,344 | €4,946 | ▼ 84.2% |
| + Depreciation and write-downs630 | €8,623 | €8,623 | €8,623 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €56,174 | €46,006 | €36,831 | €26,216 | €1,275 | -€465 | €31,344 | €4,946 | ▼ 84.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€70,000 | €0 | €0 | €16,000 | - |
| Change in cash | - | -€22,051 | €19,768 | -€3,261 | -€45,240 | -€689 | €12,840 | -€6,615 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-09-2026 | 2026-00514998 |
| 31-12-2024 | micro format | 25-09-2025 | 2025-00502995 |
| 31-12-2023 | micro format | 16-09-2024 | 2024-00464330 |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00351377 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20373182 |
| 31-12-2020 | micro format | 19-08-2021 | 2021-50500422 |
| 31-12-2019 | micro format | 12-10-2020 | 2020-61200490 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-60900175 |
| 31-12-2017 | micro format | 21-08-2018 | 2018-48000066 |
| 31-12-2016 | micro format | 20-09-2017 | 2017-61400317 |
Similar companies · same sector, comparable size
HDM Technical Solutions
BE 0802.310.655
Heusden-Zolder · equity €81,662
FOURTECH
BE 0781.297.386
Harelbeke · equity €80,724
Limburgse Elektriek Gas Aansluitingen
BE 0761.911.838
Houthalen-Helchteren · equity €80,663
D.T. TECHNIEK'S
BE 1011.832.833
Vilvoorde · equity €82,759
RCITIZEN
BE 0795.293.694
Wemmel · equity €79,663
Of the 1,792 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 977. 718 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.