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CND CONCEPT

Active
Private limited companyfounded 201610 yrs activeRue de Philippeville 10, 5620 Florennes, BelgiumKBO/BCE: BE 0645.633.582
Summary

CND CONCEPT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,922 and a net result of -€1,992. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability35▲+2
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 5.2% and cash: 0.1% of total assets), and 5.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
29 d early
2023
23 d early
2022
36 d early
2021
52 d early
2020
36 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 6 January 2016, CND CONCEPT was incorporated.1 Total assets went from EUR 180,300 in 2018 to EUR 176,137 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€166,922▼ 1.2%
2024 · €168,913
Total assets
€176,137=
2024 · €176,163
Net result
-€1,992▲ 30.7%
2024 · -€2,874
Working capital
-€9,078▼ 28.1%
2024 · -€7,087
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,042▲ 54.3%-€1,123▼ 7.7%-€1,576▼ 40.3%-€2,850▼ 80.8%-€1,851▲ 35.1%
Net result-€1,063▲ 53.8%-€1,147▼ 7.9%-€1,600▼ 39.5%-€2,874▼ 79.6%-€1,992▲ 30.7%
Equity€174,533▼ 0.6%€173,387▼ 0.7%€171,787▼ 0.9%€168,913▼ 1.7%€166,922▼ 1.2%
Total assets€176,583▼ 0.1%€176,037▼ 0.3%€176,124=€176,163=€176,137=
Debt€2,050▲ 66.8%€2,650▲ 29.3%€4,338▲ 63.7%€7,250▲ 67.1%€9,216▲ 27.1%
Working capital-€1,467▼ 264%-€2,613▼ 78.2%-€4,213▼ 61.2%-€7,087▼ 68.2%-€9,078▼ 28.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2021: -€1,042-€1,042Net result 2021: -€1,063-€1,063Operating result 2022: -€1,123-€1,123Net result 2022: -€1,147-€1,147Operating result 2023: -€1,576-€1,576Net result 2023: -€1,600-€1,600Operating result 2024: -€2,850-€2,850Net result 2024: -€2,874-€2,874Operating result 2025: -€1,851-€1,851Net result 2025: -€1,992-€1,99220212022202320242025-€3,000-€2,000-€1,000€0Operating result 2023: -€1,576-€1,580Net result 2023: -€1,600-€1,600Operating result 2024: -€2,850-€2,850Net result 2024: -€2,874-€2,870Operating result 2025: -€1,851-€1,850Net result 2025: -€1,992-€1,990202320242025
The operating result stays negative: a loss of €1,851 in 2025 against €2,850 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176,137
Fixed assets €176,000 =
Current assets €137 ▼ 16.0%
Equity and liabilities €176,137
Equity €166,922 ▼ 1.2%
Debt €9,216 ▲ 27.1%
Debt's share of the balance-sheet total rises from 4.1% to 5.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.01▼
2024 · 0.02
Debt to equity
0.06▲
2024 · 0.04
ROE
-1.2%▲
2024 · -1.7%
ROA
-1.1%▲
2024 · -1.6%
Debt ≤ 1 year
€9,216▲
2024 · €7,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% 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 1.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,915 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,163€176,137=
Fixed assets21/28€176,000€176,000=
Tangible fixed assets22/27€176,000€176,000=
Land and buildings22€176,000€176,000=
Current assets29/58€163€137▼
Cash at bank and in hand54/58€163€137▼
Equity and liabilities
Total equity and liabilities10/49€176,163€176,137=
Equity10/15€168,913€166,922▼
Contributions10/11€186,000€186,000=
Profit (loss) carried forward14-€17,087-€19,078▼
Amounts payable17/49€7,250€9,216▲
Amounts payable within one year42/48€7,250€9,216▲
Trade debts44€0€666▲
Suppliers440/4€0€666▲
Other amounts payable47/48€7,250€8,550▲
Income statement Code20242025
Other operating charges640/8€489€504▲
Gross operating margin9900-€2,360-€1,346▲
Operating profit (loss)9901-€2,850-€1,851▲
Financial charges65/66B€24€141▲
Recurring financial charges65€24€141▲
Profit (loss) for the period before taxes9903-€2,874-€1,992▲
Profit (loss) for the period9904-€2,874-€1,992▲
Profit (loss) for the period to be appropriated9905-€2,874-€1,992▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,087-€19,078▼
Profit (loss) brought forward from the previous period14P-€14,213-€17,087▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-----
Other operating charges640/8€420€520€470€489€504▲ 3.1%
Gross operating margin9900-€623-€603-€1,106-€2,360-€1,346▲ 43.0%
Operating profit (loss)9901-€1,042-€1,123-€1,576-€2,850-€1,851▲ 35.1%
Financial charges65/66B€21€24€24€24€141▲ 488%
Recurring financial charges65€21€24€24€24€141▲ 488%
Profit (loss) for the period before taxes9903-€1,063-€1,147-€1,600-€2,874-€1,992▲ 30.7%
Profit (loss) for the period9904-€1,063-€1,147-€1,600-€2,874-€1,992▲ 30.7%
Profit (loss) for the period to be appropriated9905-€1,063-€1,147-€1,600-€2,874-€1,992▲ 30.7%
Line20212022202320242025Change
Assets
Total assets20/58€176,583€176,037€176,124€176,163€176,137=
Fixed assets21/28€176,000€176,000€176,000€176,000€176,000=
Tangible fixed assets22/27€176,000€176,000€176,000€176,000€176,000=
Land and buildings22€176,000€176,000€176,000€176,000€176,000=
Current assets29/58€583€37€124€163€137▼ 16.0%
Amounts receivable within one year40/41€0-----
Trade receivables40€0-----
Cash at bank and in hand54/58€583€37€124€163€137▼ 16.0%
Equity and liabilities
Total equity and liabilities10/49€176,583€176,037€176,124€176,163€176,137=
Equity10/15€174,533€173,387€171,787€168,913€166,922▼ 1.2%
Contributions10/11€186,000€186,000€186,000€186,000€186,000=
Profit (loss) carried forward14-€11,467-€12,613-€14,213-€17,087-€19,078▼ 11.7%
Amounts payable17/49€2,050€2,650€4,338€7,250€9,216▲ 27.1%
Amounts payable within one year42/48€2,050€2,650€4,338€7,250€9,216▲ 27.1%
Trade debts44€0-€488€0€666-
Suppliers440/4€0-€488€0€666-
Other amounts payable47/48€2,050€2,650€3,850€7,250€8,550▲ 17.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,063-€1,147-€1,600-€2,874-€1,992▲ 30.7%
+ Depreciation and write-downs630€0-----
Operating cash flow (approximation)-€1,063-€1,147-€1,600-€2,874-€1,992▲ 30.7%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€547€88€39-€26▼ 167%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€2,874
Net result drops to -€2,874, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
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 2 acts read
About the unread acts

We know of 2 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
2 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, Florennes · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
4,924 m²
Building footprint
338 m²
Parcel 93022I0030/02F004, Wallonia. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
CND CONCEPT
Rue de Philippeville 10, 5620 FlorennesCivil engineering
since 20162.249.336.166
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
93022I0030/02F004 Wallonia 4,923 m² 1 · 338 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-2016
Fiscal year end31-12
Contact
E-mail ch.berthe@bem-sa.beFlorennes
Phone 071/688337Florennes
Fax 071/688106Florennes
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.