Concept Group
ActiveSummary
Concept Group has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-23k) and a net result of €8k. Equity is shrinking by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.53 in 2024; short-term debt: 224.1% and cash: 25.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
-124.1%
Return on assets
41.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 5%
← weakest
strongest →
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
2 d early
2023
30 d early
2022
70 d late
2021
31 d late
2020
19 d early
2019
on the day
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-23k▲ 25.1%
2024 · €-31k
2018: €21k
2019: €-383
2020: €3k
2021: €-4k
2022: €-24k
2023: €-22k
2024: €-31k
2018 → 2025
Total assets
€19k▼ 55.0%
2024 · €41k
2018: €110k
2019: €144k
2020: €85k
2021: €71k
2022: €25k
2023: €24k
2024: €41k
2018 → 2025
Net result
€8k
2024 · €-9k
2018: €18k
2019: €-22k
2020: €3k
2021: €-7k
2022: €-20k
2023: €1k
2024: €-9k
2018 → 2025
Working capital
€-24k▲ 28.6%
2024 · €-34k
2018: €-3k
2019: €-21k
2020: €-9k
2021: €-12k
2022: €-33k
2023: €-27k
2024: €-34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€-24k▼ 505%€-22k▲ 6.2%€-31k▼ 38.8%€-23k▲ 25.1%
Operating result€-2k-€-36k▼ 1,821%€5k€-8k€9k
Net result€-7k-€-20k▼ 187%€1k€-9k€8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€1k ▼ 65.9%
Current assets
€18k ▼ 54.2%
Key figures and ratios
EBITDA
€10k▲
2024 · €-5k
Cash flow
€10k▲
2024 · €-7k
Solvency
-124.1%▼
2024 · -74.5%
Current ratio
0.42▼
2024 · 0.53
Debt to equity
-1.81▲
2024 · -2.34
ROA
41.5%▲
2024 · -20.8%
Interest coverage
11.69▲
2024 · -5.01
Debt
€42k▼
2024 · €72k
Debt ≤ 1 year
€42k▼
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€19k▼
Fixed assets21/28€3k€1k▼
Intangible fixed assets21€2k€595▼
Tangible fixed assets22/27€643€418▼
Plant, machinery and equipment23€643€418▼
Current assets29/58€38k€18k▼
Amounts receivable within one year40/41€35k€13k▼
Trade receivables40€35k€13k▼
Other amounts receivable41€355€75▼
Cash at bank and in hand54/58€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€41k€19k▼
Equity10/15€-31k€-23k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-51k€-43k▲
Amounts payable17/49€72k€42k▼
Amounts payable within one year42/48€72k€42k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€0€78▲
Taxes450/3€0€78▲
Other amounts payable47/48€69k€41k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-4k€14k▲
Operating profit (loss)9901€-8k€9k▲
Financial income75/76B€0€98▲
Recurring financial income75€0€98▲
Financial charges65/66B€1k€897▼
Recurring financial charges65€1k€897▼
Profit (loss) for the period before taxes9903€-9k€8k▲
Profit (loss) for the period9904€-9k€8k▲
Profit (loss) for the period to be appropriated9905€-9k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-43k▲
Profit (loss) brought forward from the previous period14P€-42k€-51k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-22k ▼221%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reinaert 92150 AntwerpenGround area
200 m²
Building footprint
88 m²
Volume, LiDAR
698 m³
Parcel 11007A0028/00H002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sysmans Gebouwtechnieken
since 20152.248.212.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0028/00H002 | Flanders | 200 m² | 1 · 88 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
3 endedAfwerking bouw duaal (so)
Medewerker tegelzetwerken en dekvloeren duaal (so)
Tegelzetter (so)
Similar companies · same sector, comparable size
LAM Menuiserie
BE 1009.767.030
Zaventem · Eq €2,999
RICHARD LABRO
BE 0740.474.145
Vorst · Eq €3,000
LL CONCEPT
BE 0777.917.234
Braine-le-Comte · Eq €3,000
PRO-DECOR
BE 0866.606.710
Zaventem · Eq €2,884
JAKUBOWSKI
BE 0890.863.242
Sint-Genesius-Rode · Eq €2,861
Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 723 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.