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Concassage, Forage, Criblage

Active Public limited companyfounded 1976active for 50 yearsWicourt 2, 6600 BastogneKBO/BCE: BE 0416.050.024 subsidiary of Entreprises MATHIEU#3 company by total assets in the province of Luxembourg, Mining and quarrying sector
Part of the group MATHIEU HOLDING 10 companies
See the group

Lifetime

19 annual accounts with figures on one time axis, 49 filings since 1978
peak €3.1m (2026)
€3.1m▲ 73.2%
lowest -€88,269 (2009)
€1.8m▲ 319%
peak €3.5m (2026)
€3.5m▲ 7.8%
€5.0m▲ 18.9%
peak 26.4 FTE (2009)
19.1 FTE▼ 5.9%
Board4 names since 2019
- 
Owners2 names in the annual accounts
  
Documentsfilings and deeds
13-10-202618 days before the deadline
2026financial year
Gross margin from €1.8m to €3.1mResult from €417,816 to €1.8mDebts from €4.2m to €5.0mCash from €45,862 to €1.1m

Key points

from the 2026 annual accounts

Equity

€3.5m ▲ 7.8%

Concassage, Forage, Criblage has made a profit without a break since 2022.

Result

€1.8m ▲ 319%
€418,0002025€1.8m2026

The result rose in 2026 from €417,816 to €1.8m.

Turnover

≈ €5.4m estimated

The accounts state no turnover.

Staff

19.1 FTE from 26.4 in 2009

Between 2009 and 2026, 28% of the full-time equivalents disappeared.

Filings

49 annual accounts since 1978
deadline1980199520102025

The last five annual accounts were filed 7 to 109 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 63% of small companies in other mining and quarrying (NACE 08)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 40 companies (NACE 08, small).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

66-2equity 40.8% of total assets
40+14short-term debt 51.8% · cash 13.3%
94+18return on assets 20.6%

Score breakdown

lowers risk
Founded in 1976
Size: 19.1 FTE, total assets €8.5m
Profit of €1.8m (financial year 2026)
Liquidity: current ratio 1.74, cash €1.1m
Calculation

The band follows from the bankruptcy probability. 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 08, small). It does better than 43% of them on solvency, 53% on liquidity, 95% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as Concassage, Forage, Criblage has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Concassage, Forage, Criblage itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for Concassage, Forage, Criblage. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €330,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.74 (1.77 in 2025), above the usual 1.5. Short-term debt is 51.8% and cash 13.3% of total assets. However, 59.2% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 19.1 FTE, total assets €8.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Profit of €1.8m (financial year 2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.74, cash €1.1m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-10-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
18 days early
2025
39 days early
2024
7 days early
2023
109 days early
2022
108 days early
2021
51 days early
2020
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 08), the median for financial year 2024 was 21 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 September (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
JC
Director, last mentioned in 2020
MH
Director, last mentioned in 2020
MM
Director, last mentioned in 2020
MM
Director, until 2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0416050024
Resignations & appointments General meeting of 06-10-2023 · Gazette deed
2 directors appointed, 1 resignation, 2 reappointments Resignation: MKN MANAGEMENT SPRL · Permanent representatives: Frédéric Mathieu and Caroline Mathieu · Appointments: Jean-Claude Mathieu and DMCA MANAGEMENT SPRL (managing director) · General meeting of 17-12-2019 · Gazette deed
First establishment Wicourt 2, Bastogne
All 59 events

Comparable companies

same main activity, similar in size and age
Company
Concassage, Forage, Criblage Bastogne €8.5m €3.1m 40.8% 19.1
BODARWE CARRIERES Malmedy €7.6m €1.9m 48.2% 12.4
Calcaires de Florennes Florennes €8.7m €4.8m 24.0% 35.6
TETRAMAC Gembloux €9.5m €3.1m 18.5% 19.8
GRES DU BOIS D'ANTHISNES Comblain-au-Pont €3.7m €1.4m 59.1% 13.2
EUROPEAN MINING COMPANY Jemeppe-sur-Sambre €5.8m €1.6m 16.7% 22.2
MONUMENT STABILITY CONTRACTOR Ingelmunster €9.3m €6.0m 57.7% 39.5

These companies have the same main activity as Concassage, Forage, Criblage: other mining and quarrying (NACE 08111). They are comparable in size and age: total assets between €3.7m and €9.5m, founded between 1972 and 1993.

Official details

Source: KBO
Status
Active since 09-04-1976Normal situation
Activity
Other mining and quarryingNACE 08111
Joint committees
102.10Quarries
200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment unit
2.030.184.9576600 Bastogne, since 10-09-1987
Financial year end
31 March
Peppol
Reachable since 29-09-2025
Company details

Annual accounts to 31-03-2026

€8.5m▲ 14.2%
Employeeson 31-03-2026
20▼ 4.8%
Filing
Filed on 13-10-2026, 18 days before the end of the filing period
Financials

Insights on Concassage, Forage, Criblage

Concassage, Forage, Criblage has existed since 1976. The gross margin grew from €1.3m in 2008 to €3.1m in 2026.

The gross margin has grown every year since 2023.

Entreprises MATHIEU holds 89.17% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Concassage, Forage, Criblage

What is the company number of Concassage, Forage, Criblage?
The company number of Concassage, Forage, Criblage is 0416.050.024. The VAT number is the same number with BE in front: BE 0416.050.024.
Where is Concassage, Forage, Criblage based?
The registered office is at Wicourt 2, 6600 Bastogne.Company details
What does Concassage, Forage, Criblage do?
According to the KBO register, the main activity is other mining and quarrying (NACE 08111).
What is the legal form of Concassage, Forage, Criblage?
Concassage, Forage, Criblage is a public limited company (NV).
When was Concassage, Forage, Criblage founded?
Concassage, Forage, Criblage was founded on 09-04-1976.
Is Concassage, Forage, Criblage still active?
Yes, Concassage, Forage, Criblage is an active enterprise in the KBO register.
How many employees does Concassage, Forage, Criblage have?
Concassage, Forage, Criblage had an average of 19.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does Concassage, Forage, Criblage fall under?
In its 31-03-2026 annual accounts, Concassage, Forage, Criblage states joint committees 102.10 (Quarries) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Concassage, Forage, Criblage?
The turnover in financial year 2026 is ≈ €5.4m. This figure is estimated from the gross margin of €3.1m and 1,585 comparable companies of the same size. It probably lies between €3.6m and €8.8m. It is a rough estimate.
Is Concassage, Forage, Criblage profitable?
In financial year 2026, Concassage, Forage, Criblage made a profit of €1.8m.
Where can I find the annual accounts of Concassage, Forage, Criblage?
Concassage, Forage, Criblage filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Concassage, Forage, Criblage due?
Concassage, Forage, Criblage must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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