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CONCEALT

Active
Private limited companyfounded 20197 yrs activeDa Vincilaan 1, 1930 Zaventem, BelgiumKBO/BCE: BE 0732.490.550
Summary

CONCEALT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,169 and a net result of €8,575. Equity is growing by ~58.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability47▼-1
Solvency38▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.07 in 2024; short-term debt: 86.8% and cash: 7.4% of total assets), and 86.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2715 sector peers (2025).
NBB · sector comparison
Position among 2715 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
31 d early
2024
21 d early
2023
14 d early
2022
13 d early
2021
19 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 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

CONCEALT was incorporated on 9 August 2019 as a Private limited company.1 Total assets rose from EUR 66,094 in 2021 to EUR 228,471 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€30,169▲ 39.7%
2024 · €21,594
Total assets
€228,471▼ 24.3%
2024 · €301,911
Net result
€8,575▼ 30.4%
2024 · €12,322
Working capital
€29,211▲ 41.6%
2024 · €20,636
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-€3,622--€6,556▼ 81.0%€4,785€14,257▲ 198%€11,891▼ 16.6%
Net result-€3,712--€6,660▼ 79.4%€4,643€12,322▲ 165%€8,575▼ 30.4%
Equity€11,288-€4,628▼ 59.0%€9,271▲ 100%€21,594▲ 133%€30,169▲ 39.7%
Total assets€66,094-€58,564▼ 11.4%€172,007▲ 194%€301,911▲ 75.5%€228,471▼ 24.3%
Debt€54,806-€53,936▼ 1.6%€162,735▲ 202%€280,318▲ 72.3%€198,302▼ 29.3%
Working capital€11,188-€3,478▼ 68.9%€8,313▲ 139%€20,636▲ 148%€29,211▲ 41.6%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Total assets +76% on 2023. Cause not known from the registers.
  • 2023 Total assets +194% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2021: -€3,622-€3,622Net result 2021: -€3,712-€3,712Operating result 2022: -€6,556-€6,556Net result 2022: -€6,660-€6,660Operating result 2023: €4,785€4,785Net result 2023: €4,643€4,643Operating result 2024: €14,257€14,257Net result 2024: €12,322€12,322Operating result 2025: €11,891€11,891Net result 2025: €8,575€8,57520212022202320242025€0€5,000€10,000€15,000Operating result 2023: €4,785€4,780Net result 2023: €4,643€4,640Operating result 2024: €14,257€14,300Net result 2024: €12,322€12,300Operating result 2025: €11,891€11,900Net result 2025: €8,575€8,580202320242025
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228,471
Fixed assets €958 =
Current assets €227,513 ▼ 24.4%
Equity and liabilities €228,471
Equity €30,169 ▲ 39.7%
Debt €198,302 ▼ 29.3%
Debt's share of the balance-sheet total falls from 92.8% to 86.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.15▲
2024 · 1.07
Debt to equity
6.57▼
2024 · 12.98
ROE
28.4%▼
2024 · 57.1%
ROA
3.8%▼
2024 · 4.1%
Debt ≤ 1 year
€198,302▼
2024 · €280,318
Income taxes
€3,212▲
2024 · €1,796
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,270 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.1% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 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% 1.6%
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 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 3,270 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 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€301,911€228,471▼
Fixed assets21/28€958€958=
Financial fixed assets28€958€958=
Current assets29/58€300,953€227,513▼
Amounts receivable within one year40/41€245,010€208,683▼
Trade receivables40€245,010€208,683▼
Cash at bank and in hand54/58€54,176€17,009▼
Deferred charges and accrued income490/1€1,768€1,821▲
Equity and liabilities
Total equity and liabilities10/49€301,911€228,471▼
Equity10/15€21,594€30,169▲
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14€6,594€15,169▲
Amounts payable17/49€280,318€198,302▼
Amounts payable within one year42/48€280,318€198,302▼
Trade debts44€253,786€179,563▼
Suppliers440/4€253,786€179,563▼
Taxes, remuneration and social security45€26,516€18,723▼
Taxes450/3€26,516€18,723▼
Other amounts payable47/48€16€16=
Income statement Code20242025
Other operating charges640/8€469€472▲
Gross operating margin9900€14,726€12,364▼
Operating profit (loss)9901€14,257€11,891▼
Financial charges65/66B€139€104▼
Recurring financial charges65€139€104▼
Profit (loss) for the period before taxes9903€14,118€11,787▼
Income taxes67/77€1,796€3,212▲
Profit (loss) for the period9904€12,322€8,575▼
Profit (loss) for the period to be appropriated9905€12,322€8,575▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,594€15,169▲
Profit (loss) brought forward from the previous period14P-€5,729€6,594▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€402€665€469€472▲ 0.7%
Gross operating margin9900-€2,738-€6,154€5,450€14,726€12,364▼ 16.0%
Operating profit (loss)9901-€3,622-€6,556€4,785€14,257€11,891▼ 16.6%
Financial income75/76B-€9€0---
Recurring financial income75-€9€0---
Financial charges65/66B-€113€142€139€104▼ 25.1%
Recurring financial charges65€90€113€142€139€104▼ 25.1%
Profit (loss) for the period before taxes9903-€3,712-€6,660€4,643€14,118€11,787▼ 16.5%
Income taxes67/77---€1,796€3,212▲ 78.8%
Profit (loss) for the period9904-€3,712-€6,660€4,643€12,322€8,575▼ 30.4%
Profit (loss) for the period to be appropriated9905-€3,712-€6,660€4,643€12,322€8,575▼ 30.4%
Line20212022202320242025Change
Assets
Total assets20/58€66,094€58,564€172,007€301,911€228,471▼ 24.3%
Fixed assets21/28€100€1,150€958€958€958=
Financial fixed assets28€100€1,150€958€958€958=
Current assets29/58€65,994€57,414€171,049€300,953€227,513▼ 24.4%
Amounts receivable within one year40/41€61,822€5,471€159,673€245,010€208,683▼ 14.8%
Trade receivables40-€5,466€159,673€245,010€208,683▼ 14.8%
Other amounts receivable41-€5€0---
Cash at bank and in hand54/58€4,172€31,421€9,683€54,176€17,009▼ 68.6%
Deferred charges and accrued income490/1-€20,523€1,693€1,768€1,821▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€66,094€58,564€172,007€301,911€228,471▼ 24.3%
Equity10/15€11,288€4,628€9,271€21,594€30,169▲ 39.7%
Contributions10/11-€15,000€15,000€15,000€15,000=
Profit (loss) carried forward14-€3,712-€10,372-€5,729€6,594€15,169▲ 130%
Amounts payable17/49€54,806€53,936€162,735€280,318€198,302▼ 29.3%
Amounts payable within one year42/48€54,806€53,936€162,735€280,318€198,302▼ 29.3%
Trade debts44€34,806€23,664€149,576€253,786€179,563▼ 29.2%
Suppliers440/4-€23,664€149,576€253,786€179,563▼ 29.2%
Taxes, remuneration and social security45-€10,272€3,144€26,516€18,723▼ 29.4%
Taxes450/3-€10,272€3,144€26,516€18,723▼ 29.4%
Other amounts payable47/48-€20,000€10,016€16€16=
Line20212022202320242025Change
Profit (loss) for the period9904-€3,712-€6,660€4,643€12,322€8,575▼ 30.4%
Operating cash flow (approximation)-€3,712-€6,660€4,643€12,322€8,575▼ 30.4%
Investment in fixed assets (approximation)--€1,050€192€0€0-
Change in cash-€27,249-€21,738€44,493-€37,167▼ 184%

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 31-10-2026
2025
30-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
10-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2021net €12,322 ▲165%
Operating result €14,257, net result €12,322, both a record.
2023
17-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Back to profitnet €4,643
Net result €4,643 after 2 loss-making years.
2022
18-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial Weakest financial yearnet -€6,660
Net result drops to -€6,660, the lowest in the series; recovery starts the following year.
2021
12-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Zaventem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
8,965 m²
Building footprint
1,730 m²
Volume, LiDAR
60,495 m³
Parcel 23094D0111/00M002, Flanders · tallest building 45.7 m, ±14 floors. Linked by address, not a title deed.
214 companies at this address See who is registered here
1 establishment unit
CONCEALT
Da Vincilaan 1, 1930 ZaventemBusiness and other management consultancy
since 20192.292.198.288
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0111/00M002 Flanders 8,965 m² 1 · 1,730 m² 45.7 m · 14 fl.
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 14,257 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
Founded09-08-2019
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0732490550
Also 9925:BE0732490550
Registered 03-04-2025

Register as of 26 September 2026 · Peppol Directory

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