Financials
- Fiscal year
- 2024
- Turnover
- €25,849
- Profit
- €1.2m
- Solvency
- 65.4%
Turnover▼ 61.5%
Net result
20192024
BL CONCASSAGE
ActiveSummary
The computed 12-month bankruptcy probability of BL CONCASSAGE is 1.7% (moderate). The 2024 annual accounts show equity of €751,079 and a net result of €1.2m. Equity is shrinking by ~24.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 65% of 94 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other mining and quarrying
NACE 08112
1 site
Size
€25,849turnover 2024
- Equity
- €751,079
- Profit
- €1.2m
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 57- Figures for FY 2024 (filed 02-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late- Founded in 2018+ Size: turnover €25,849, total assets €1.1mShow the evidence
Checked score
Score 2024
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 72% of its sector peers (NACE 08, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
90+88
equity 65.4% of total assets
Liquidity
41+41
short-term debt 33.2% · cash 4.1%
Profitability
100+89
return on assets 106.1%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 19 months
04-2025: 1.5%
05-2025: 1.5%▲ +1.8% vs 04-2025
06-2025: 1.6%▲ +4.7% vs 05-2025
07-2025: 1.5%▼ -4.3% vs 06-2025
08-2025: 1.9%▲ +23.9% vs 07-2025
09-2025: 2.1%▲ +14.4% vs 08-2025
10-2025: 3.2%▲ +50.4% vs 09-2025highest value
11-2025: 0.5%▼ -84.7% vs 10-2025lowest value
12-2025: 0.5%● 0.0% vs 11-2025lowest value
01-2026: 0.5%▲ +2.4% vs 12-2025
02-2026: 0.5%▲ +1.8% vs 01-2026
03-2026: 0.5%▲ +2.5% vs 02-2026
04-2026: 0.5%▼ -0.2% vs 03-2026
05-2026: 0.5%▲ +0.9% vs 04-2026
06-2026: 0.6%▲ +3.2% vs 05-2026
07-2026: 0.6%▲ +15.5% vs 06-2026
08-2026: 0.8%▲ +25.5% vs 07-2026
09-2026: 1.0%▲ +21.7% vs 08-2026
10-2026: 1.7%▲ +76.3% vs 09-2026
- Figures for FY 2024 (filed 02-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late raises the probability
- Size: turnover €25,849, total assets €1.1m lowers the probability for this profile
- Founded in 2018 raises the probability for this profile
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.0 against 0.43 in 2023; short-term debt: 33.2% and cash: 4.1% of total assets), and 34.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 08, micro). Better than this share of them on solvency 63%, liquidity 29%, profitability 98%, growth against the median 98%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
84 d late
2021
78 d late
2020
88 d late
2019
122 d 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 77 days after the deadline; the sector median for financial year 2024 is 21 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €1.2m
- Liquidity times 7current ratio 3.00
Key points
By topic
Timeline
- Events
- 11
- Since
- 2019
- 30-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 31-12-2024Liquidity times 7
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Other mining and quarryingNACE 08112
- Founded
- 05-09-2018
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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