BY CONCEPT
ActiveSummary
BY CONCEPT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €23k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-24
Solvency52▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 1.97 in 2023; short-term debt: 48.7% and cash: 17.7% of total assets), and 72.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
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
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 2024Solvency, return and age of the figures
Solvency
27.1%
Return on assets
5.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
105 d late
2023
97 d late
2022
109 d late
2021
122 d late
2020
51 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€23k▼ 74.4%
2023 · €90k
2018: €-205
2019: €16k
2020: €7k
2021: €25k
2022: €4k
2023: €90k
2018 → 2024
Working capital
€12k▼ 83.4%
2023 · €70k
2018: €12k
2019: €-14k
2020: €6k
2021: €38k
2022: €46k
2023: €70k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€24k-€49k▲ 103%€51k▲ 3.5%€117k▲ 130%€108k▼ 7.7%
Operating result€10k-€34k▲ 243%€7k▼ 78.1%€120k▲ 1,504%€35k▼ 71.0%
Net result€7k-€25k▲ 264%€4k▼ 85.2%€90k▲ 2,344%€23k▼ 74.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399k
Fixed assets
€193k ▲ 45.5%
Current assets
€206k ▲ 43.9%
Equity and liabilities €399k
Equity
€108k ▼ 7.7%
Debt
€291k ▲ 83.3%
Debt's share of the balance-sheet total rises from 57.6% to 72.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▼
2023 · €149k
Cash flow
€52k▼
2023 · €120k
Current ratio
1.06▼
2023 · 1.97
Quick ratio
1.02▼
2023 · 1.87
Debt to equity
2.69▲
2023 · 1.36
ROE
21.4%▼
2023 · 77.3%
ROA
5.8%▼
2023 · 32.8%
Interest coverage
11.40▼
2023 · 27.06
Debt ≤ 1 year
€194k▲
2023 · €73k
Debt > 1 year
€97k▲
2023 · €86k
Income taxes
€7k▼
2023 · €24k
Staff costs
€111k▲
2023 · €96k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€276k€399k▲
Fixed assets21/28€133k€193k▲
Tangible fixed assets22/27€133k€193k▲
Plant, machinery and equipment23€29k€126k▲
Furniture and vehicles24€103k€67k▼
Leasing and similar rights25€549-
Current assets29/58€143k€206k▲
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€109k€127k▲
Trade receivables40€83k€98k▲
Other amounts receivable41€26k€30k▲
Cash at bank and in hand54/58€26k€71k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€276k€399k▲
Equity10/15€117k€108k▼
Contributions10/11€20k€20k=
Reserves13€97k€88k▼
Distributable reserves133€97k€88k▼
Amounts payable17/49€159k€291k▲
Amounts payable after more than one year17€86k€97k▲
Financial debts170/4€86k€97k▲
Amounts payable within one year42/48€73k€194k▲
Current portion of amounts payable after more than one year42€27k€30k▲
Trade debts44€15k€116k▲
Suppliers440/4€15k€116k▲
Taxes, remuneration and social security45€31k€48k▲
Taxes450/3€30k€45k▲
Remuneration and social security454/9€726€3k▲
Other amounts payable47/48€302€40▼
Income statement
Code20232024
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€96k€111k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€741€16k▲
Gross operating margin9900€245k€195k▼
Operating profit (loss)9901€120k€35k▼
Financial income75/76B€46€1k▲
Recurring financial income75€46€1k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€114k€30k▼
Income taxes67/77€24k€7k▼
Profit (loss) for the period9904€90k€23k▼
Profit (loss) for the period to be appropriated9905€90k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€23k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€66k-
To other reserves6921€66k-
Profit to be distributed694/7€24k€32k▲
Return on contributions (dividend)694€24k€32k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 105 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-12
Financial
Highest result since 2018net €90k ▲2344%
Operating result €120k, net result €90k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲130%
5 profitable years in a row build equity to €117k.
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 109 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 51 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dinant · 1 establishment unit since 2014
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.
Chemin du Buc 355501 DinantGround area
2,199 m²
Building footprint
1,301 m²
Volume, LiDAR
7,578 m³
Parcel 91081C0261/00L000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BY CONCEPT SPRL
since 20142.226.914.419
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91081C0261/00L000 | Wallonia | 2,199 m² | 1 · 1,301 m² | 10.0 m · 2 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
SERVIDIO
BE 0441.952.487
Fleurus · Eq €107,915
DAKWERKEN VAN DE GUCHT & PARTNERS
BE 0756.915.348
Roosdaal · Eq €107,885
D-Dakwerken
BE 0733.907.740
Aalst · Eq €108,163
TONY PARMENTIER
BE 0895.289.412
Menen · Eq €107,755
D&I CONSULT
BE 0876.702.331
Zaventem · Eq €108,299
Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,807 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
Founded21-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:yannickboulanger@hotmail.fr
Phone:0473/320645