CLEMENT CONCEPT
ActiveSummary
The annual accounts of CLEMENT CONCEPT for fiscal year 2025 show a net loss of 176% of total assets and of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €36,752 and a net result of -€72,832. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 7598 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 8.66 against 23.74 in 2024; short-term debt: 11.4% and cash: 75.4% of total assets), and 11.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
88.6%
Return on assets
-175.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€72,832
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
35 d early
2023
28 d early
2022
32 d early
2021
40 d early
2020
17 d early
2019
30 d early
← 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 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€36,752▼ 66.5%
2024 · €109,583
Total assets
€41,482▼ 63.5%
2024 · €113,646
Net result
-€72,832▼ 355%
2024 · -€15,999
Working capital
€36,249▼ 60.8%
2024 · €92,366
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€46,977▲ 235%€185,473▲ 295%-€2,463-€17,837▼ 624%-€74,284▼ 316%
Net result€32,021above the sector's middle half▲ 228%€143,718above the sector's middle half▲ 349%-€3,428below the sector's middle half-€15,999below the sector's middle half▼ 367%-€72,832below the sector's middle half▼ 355%
Equity€98,108within the sector's middle half▼ 31.2%€168,826above the sector's middle half▲ 72.1%€130,683above the sector's middle half▼ 22.6%€109,583within the sector's middle half▼ 16.1%€36,752within the sector's middle half▼ 66.5%
Total assets€171,322within the sector's middle half▼ 13.6%€228,656within the sector's middle half▲ 33.5%€168,323within the sector's middle half▼ 26.4%€113,646within the sector's middle half▼ 32.5%€41,482below the sector's middle half▼ 63.5%
Debt€73,214▲ 31.9%€59,830▼ 18.3%€37,640▼ 37.1%€4,062▼ 89.2%€4,730▲ 16.4%
Working capital€83,053above the sector's middle half▼ 38.3%€138,086above the sector's middle half▲ 66.3%€88,603above the sector's middle half▼ 35.8%€92,366above the sector's middle half▲ 4.2%€36,249within the sector's middle half▼ 60.8%
Solvency57.3%within the sector's middle half▼ 14.7pp73.8%above the sector's middle half▲ 16.6pp77.6%above the sector's middle half▲ 3.8pp96.4%above the sector's middle half▲ 18.8pp88.6%above the sector's middle half▼ 7.8pp
Current ratio2.25within the sector's middle half▼ 2.164.72above the sector's middle half▲ 2.473.36above the sector's middle half▼ 1.3623.74above the sector's middle half▲ 20.378.66above the sector's middle half▼ 15.07
Return on assets (ROA)18.7%above the sector's middle half▲ 13.8pp62.9%above the sector's middle half▲ 44.2pp-2.0%below the sector's middle half▼ 64.9pp-14.1%below the sector's middle half▼ 12.0pp-175.6%below the sector's middle half▼ 161.5pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €74,284 in 2025 against €17,837 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,482
Fixed assets
€503 ▼ 97.1%
Current assets
€40,978 ▼ 57.5%
Equity and liabilities €41,482
Equity
€36,752 ▼ 66.5%
Debt
€4,730 ▲ 16.4%
Debt's share of the balance-sheet total rises from 3.6% to 11.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€73,643▼
2024 · -€6,650
Cash flow
-€72,190▼
2024 · -€4,812
Debt to equity
0.13▲
2024 · 0.04
ROE
-198.2%▼
2024 · -14.6%
Interest coverage
-124.89▼
2024 · -9.50
Debt ≤ 1 year
€4,730▲
2024 · €4,062
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,822 | €8,516 | €12,334 | €11,187 | €641 | ▼ 94.3% |
| Other operating charges640/8 | €684 | €744 | €2,549 | €4,341 | €2,391 | ▼ 44.9% |
| Gross operating margin9900 | €54,483 | €194,734 | €12,420 | -€2,309 | -€71,251 | ▼ 2,986% |
| Operating profit (loss)9901 | €46,977 | €185,473 | -€2,463 | -€17,837 | -€74,284 | ▼ 316% |
| Financial income75/76B | €1,366 | €5,195 | €4,349 | €3,318 | €2,042 | ▼ 38.5% |
| Recurring financial income75 | €1,366 | €5,195 | €4,349 | €3,318 | €2,042 | ▼ 38.5% |
| Financial charges65/66B | €1,291 | €897 | €878 | €700 | €590 | ▼ 15.7% |
| Recurring financial charges65 | €1,291 | €897 | €878 | €700 | €590 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €47,052 | €189,772 | €1,007 | -€15,219 | -€72,832 | ▼ 379% |
| Income taxes67/77 | €15,031 | €46,054 | €4,436 | €780 | - | - |
| Profit (loss) for the period9904 | €32,021 | €143,718 | -€3,428 | -€15,999 | -€72,832 | ▼ 355% |
| Profit (loss) for the period to be appropriated9905 | €32,021 | €143,718 | -€3,428 | -€15,999 | -€72,832 | ▼ 355% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,322 | €228,656 | €168,323 | €113,646 | €41,482 | ▼ 63.5% |
| Fixed assets21/28 | €21,810 | €53,427 | €42,205 | €17,218 | €503 | ▼ 97.1% |
| Tangible fixed assets22/27 | €21,810 | €53,427 | €42,205 | €17,218 | €233 | ▼ 98.6% |
| Plant, machinery and equipment23 | €413 | - | - | - | - | - |
| Furniture and vehicles24 | €21,397 | €31,352 | €21,955 | €9,218 | €233 | ▼ 97.5% |
| Other tangible fixed assets26 | - | €22,075 | €20,250 | €8,000 | - | - |
| Financial fixed assets28 | - | - | - | - | €270 | - |
| Current assets29/58 | €149,512 | €175,228 | €126,117 | €96,428 | €40,978 | ▼ 57.5% |
| Amounts receivable within one year40/41 | €9,243 | €19,097 | €73,427 | €23,089 | €9,622 | ▼ 58.3% |
| Trade receivables40 | - | - | €45,362 | €5,724 | €2,399 | ▼ 58.1% |
| Other amounts receivable41 | €9,243 | €19,097 | €28,065 | €17,365 | €7,224 | ▼ 58.4% |
| Current investments50/53 | - | - | €25,000 | - | - | - |
| Cash at bank and in hand54/58 | €139,869 | €153,537 | €25,619 | €71,808 | €31,266 | ▼ 56.5% |
| Deferred charges and accrued income490/1 | €400 | €2,594 | €2,070 | €1,531 | €90 | ▼ 94.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,322 | €228,656 | €168,323 | €113,646 | €41,482 | ▼ 63.5% |
| Equity10/15 | €98,108 | €168,826 | €130,683 | €109,583 | €36,752 | ▼ 66.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €76,301 | €76,301 | €76,301 | €76,301 | €76,301 | = |
| Non-distributable reserves130/1 | €10,110 | €10,110 | €10,110 | €10,110 | €10,110 | = |
| Reserves not available under the articles1311 | €10,110 | €10,110 | €10,110 | €10,110 | €10,110 | = |
| Tax-exempt reserves132 | €6,515 | €6,515 | €6,515 | €6,515 | €6,515 | = |
| Distributable reserves133 | €59,676 | €59,676 | €59,676 | €59,676 | €59,676 | = |
| Profit (loss) carried forward14 | €1,807 | €72,525 | €34,382 | €13,283 | -€59,549 | ▼ 548% |
| Amounts payable17/49 | €73,214 | €59,830 | €37,640 | €4,062 | €4,730 | ▲ 16.4% |
| Amounts payable after more than one year17 | €6,756 | €2,663 | - | - | - | - |
| Financial debts170/4 | €6,756 | €2,663 | - | - | - | - |
| Amounts payable within one year42/48 | €66,459 | €37,143 | €37,515 | €4,062 | €4,730 | ▲ 16.4% |
| Current portion of amounts payable after more than one year42 | €5,719 | €15,804 | €2,663 | - | - | - |
| Financial debts43 | €504 | €504 | €511 | €515 | €204 | ▼ 60.4% |
| Credit institutions430/8 | €504 | €504 | €511 | €515 | €204 | ▼ 60.4% |
| Trade debts44 | €3,991 | €6,916 | €22,507 | €3,381 | €1,896 | ▼ 43.9% |
| Suppliers440/4 | €3,991 | €6,916 | €22,507 | €3,381 | €1,896 | ▼ 43.9% |
| Taxes, remuneration and social security45 | €18,243 | - | €4,823 | €63 | €1,957 | ▲ 3,020% |
| Taxes450/3 | €18,243 | - | €4,823 | €63 | €1,957 | ▲ 3,020% |
| Other amounts payable47/48 | €38,000 | €13,918 | €7,011 | €104 | €673 | ▲ 550% |
| Accrued charges and deferred income492/3 | - | €20,024 | €125 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,021 | €143,718 | -€3,428 | -€15,999 | -€72,832 | ▼ 355% |
| + Depreciation and write-downs630 | €6,822 | €8,516 | €12,334 | €11,187 | €641 | ▼ 94.3% |
| Operating cash flow (approximation) | €38,843 | €152,233 | €8,906 | -€4,812 | -€72,190 | ▼ 1,400% |
| Investment in fixed assets (approximation) | - | -€40,133 | -€1,112 | €13,801 | €16,073 | ▲ 16.5% |
| Change in cash | - | €13,668 | -€127,917 | €46,189 | -€40,542 | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€72,832
Net result drops to -€72,832, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 7current ratio 23.74
Current ratio from 3.36 to 23.74; short-term debt falls from €37,515 to €4,062.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €143,718 ▲349%
Operating result €185,473, net result €143,718, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.72
Current ratio from 2.25 to 4.72; short-term debt falls from €66,459 to €37,143.
31-12
Financial
Equity above €150,000Eq €168,826 ▲72.1%
3 profitable years in a row build equity to €168,826.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9,753
Net result €9,753 after 2 loss-making years.
Show earlier events
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 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, Namur · 1 establishment unit since 2002
Ground area
2,789 m²
Building footprint
1,176 m²
Volume, LiDAR
16,074 m³
2 parcels, Wallonia · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CLEMENT CONCEPT
since 20022.115.505.068
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 fl. |
| 84010C0194/00E000 | Wallonia | 155 m² | 1 · 155 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
16230Manufacture of other builders' carpentry and joinery
25120Manufacture of fabricated metal products, except machinery and equipment
43110Demolition
43120Site preparation
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476137762
Also
9925:BE0476137762
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.