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Circular Concrete Lab

Active
Private limited companyfounded 20242 yrs activePannestraat 142, 8630 Veurne, BelgiumKBO/BCE: BE 1011.532.529
Summary

Circular Concrete Lab has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282,369 and a net result of -€55,469. Its solvency ranks better than 78% of 10442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activities of building architects
NACE 71111Other technical testing and analysis NACE 71209
1 site
Size
€352,646total assets 2025
Staff
0.7 FTE
Equity
€282,369
Loss
-€55,469
Turnover not published (abridged schema)
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Largest shareholder
Devagro Beton & Recyclage · 14.8%
Accounts 9 d early0 of 1 deed read
Why 95- Loss of €55,469 (FY 2025)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Liquidity: current ratio 2.80, cash €122,359+ Size: total assets €352,646Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 100
equity 80.1% of total assets
Liquidity 87
short-term debt 19.9% · cash 34.7%
Profitability 0
return on assets -15.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,633 companies)
Last 13 months 10-2025: 0.5% 11-2025: 0.5%▲ +5.2% vs 10-2025 12-2025: 0.5%▲ +0.6% vs 11-2025 01-2026: 0.6%▲ +11.0% vs 12-2025 02-2026: 0.6%▲ +10.3% vs 01-2026 03-2026: 0.7%▲ +3.9% vs 02-2026 04-2026: 0.7%▼ -2.8% vs 03-2026 05-2026: 0.7%▲ +0.3% vs 04-2026 06-2026: 0.7%▲ +9.2% vs 05-2026 07-2026: 0.7%▲ +5.3% vs 06-2026highest value 08-2026: 0.1%▼ -88.9% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Liquidity: current ratio 2.80, cash €122,359 lowers the probability
  • Loss of €55,469 (FY 2025) raises the probability
  • Size: total assets €352,646 lowers the probability for this profile
Credit up to €25,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.8; short-term debt: 19.9% and cash: 34.7% of total assets), and 19.9% 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 71, micro). Better than this share of them on solvency 87%, liquidity 78%, profitability 4%. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.80, cash €122,359
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Loss of €55,469 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €352,646
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €16,544 · 10,443 companies -€55,469 View
  • Total assets 2025first fiscal year filed €352,646 View
  • Active since 2024founded 12-07-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€352,646
Loss
-€55,469
Solvency
80.1%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of building architectsNACE 71111
Founded
12-07-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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