Skip to content

C-CONCRETE

Active
Public limited companyfounded 199729 years activeFrank Van Dyckelaan 19 D, 9140 Temse, BelgiumKBO/BCE: BE 0460.990.520
Summary

C-CONCRETE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of -€4.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 356 sector peers (NACE 23, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23610
#1 company by staff growth in East Flanders, Non-metallic mineral products sector2 sites
Size
€33.7mturnover 2025
Staff
100.9 FTE
Equity
€6.0m
Loss
-€4.3m
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
CORDEEL GROUP · 100%
Board
4 members
  • In Factum BVManaging director · permanent representative Christophe Holthof
Auditor: VGD BedrijfsrevisorenAccounts 24 days early
Why 66- Loss of €4.3m, the second in a row (FY 2025)- Liquidity: current ratio 1.52, cash €964+ Sector Manufacture of other non-metallic mineral products (NACE 23)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 23, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 60+53
equity 35.5% of total assets
Liquidity 23-28
short-term debt 53.1% · cash 0.0%
Profitability 0-8
return on assets -25.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (52 companies)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.6%▼ -0.1 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 2.7%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 2.0%▼ -0.8 percentage points vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.1%▲ +0.1 percentage points vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.0%▼ -0.1 percentage points vs 01-2026 03-2026: 2.1%▲ +0.1 percentage points vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 0.8%▼ -1.3 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit up to €390,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.73 in 2024; short-term debt: 53.1% and cash: 0% of total assets), but 64.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, medium-sized): better than 33% on solvency, 17% on liquidity, 6% on profitability and 53% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €4.3m, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.52, cash €964
NBB · annual accounts
lowers risk · Sector Manufacture of other non-metallic mineral products (NACE 23)
KBO
lowers risk · Legal form Public limited company
KBO
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
23 days early
2023
20 days early
2022
on the day
2021
24 days early
2020
23 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.

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. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: MNT Projects BV (director)Permanent representatives: Michel Catteau, Yves…
  3. Resignation: Sandina BV (director)Permanent representative: Peter Van Ingelghem

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€4.3m View
  • Caution: Result fell in 2025from -€2.2m to -€4.3m ▼ 97.0% View
  • Caution: Among the weakest 5% on net resultsector median €107,291 · 356 companies -€4.3m View
  • Board changedlatest change 02-06-2026 · 4 in office 2 joined · 3 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by CORDEEL GROUPultimately: C2F1 100% View

By topic

Financials

Fiscal year
2025
Turnover
€33.7m
Loss
-€4.3m
Solvency
35.5%
Turnover▼ 31.5%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
CORDEEL GROUP · 100%
Auditor
VGD Bedrijfsrevisoren
  • DHK Projects, BVDirector
  • In Factum BVManaging director
  • E.R.M.Director
  • MICHEL C. MANAGEMENTDirector
Go to Board & ownership

Timeline

Events
40
Since
2004
Next accounts
by 31-07-2027
  1. 24-02-2026Resignation: RE:build, BV (director)
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Equity above €5m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23610
Founded
08-07-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Who signs
Each director alone
Purpose
De produktie van alle mogelijke prefab-betonelementen; de verwerking van stalen…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.