CONCEPT SUPPORT
ActiveSummary
CONCEPT SUPPORT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64,589 and a net result of -€434. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 93% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability45▲+42
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 7.64 against 6.31 in 2023; short-term debt: 10.2% and cash: 0.3% of total assets), and 10.6% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
89.4%
Return on assets
-0.6%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€434
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
2 d early
2022
4 d early
2021
114 d early
2020
75 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€64,589▼ 0.7%
2023 · €65,023
Total assets
€72,268▼ 3.0%
2023 · €74,480
Net result
-€434▲ 95.5%
2023 · -€9,625
Working capital
€49,082▼ 1.2%
2023 · €49,673
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€45,073€77,351▲ 71.6%€8,448▼ 89.1%-€9,771-€2,222▲ 77.3%
Net result€1,011within the sector's middle half€1,782within the sector's middle half▲ 76.3%€7,314within the sector's middle half▲ 310%-€9,625below the sector's middle half-€434below the sector's middle half▲ 95.5%
Equity€67,552within the sector's middle half▲ 1.5%€67,334within the sector's middle half▼ 0.3%€74,648within the sector's middle half▲ 10.9%€65,023within the sector's middle half▼ 12.9%€64,589within the sector's middle half▼ 0.7%
Total assets€84,635within the sector's middle half▼ 12.2%€97,048within the sector's middle half▲ 14.7%€89,894within the sector's middle half▼ 7.4%€74,480within the sector's middle half▼ 17.1%€72,268within the sector's middle half▼ 3.0%
Debt€17,083▼ 42.8%€29,714▲ 73.9%€15,247▼ 48.7%€9,457▼ 38.0%€7,679▼ 18.8%
Working capital€45,085within the sector's middle half▲ 11.3%€45,269within the sector's middle half▲ 0.4%€56,479within the sector's middle half▲ 24.8%€49,673within the sector's middle half▼ 12.1%€49,082within the sector's middle half▼ 1.2%
Solvency79.8%above the sector's middle half▲ 10.8pp69.4%above the sector's middle half▼ 10.4pp83.0%above the sector's middle half▲ 13.7pp87.3%above the sector's middle half▲ 4.3pp89.4%above the sector's middle half▲ 2.1pp
Current ratio3.64above the sector's middle half▲ 1.282.52within the sector's middle half▼ 1.124.70above the sector's middle half▲ 2.186.31above the sector's middle half▲ 1.617.64above the sector's middle half▲ 1.33
Return on assets (ROA)1.2%within the sector's middle half▲ 33.1pp1.8%within the sector's middle half▲ 0.6pp8.1%within the sector's middle half▲ 6.3pp-12.9%below the sector's middle half▼ 21.1pp-0.6%below the sector's middle half▲ 12.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 €2,222 in 2024 against €9,771 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72,268
Fixed assets
€15,793 ▲ 2.2%
Current assets
€56,474 ▼ 4.3%
Equity and liabilities €72,268
Equity
€64,589 ▼ 0.7%
Debt
€7,679 ▼ 18.8%
Debt's share of the balance-sheet total falls from 12.7% to 10.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,855▲
2023 · -€6,631
Cash flow
€3,643▲
2023 · -€6,485
Debt to equity
0.12▼
2023 · 0.15
ROE
-0.7%▲
2023 · -14.8%
Interest coverage
3.30▲
2023 · -12.92
Debt ≤ 1 year
€7,392▼
2023 · €9,350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 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 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,340 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% | 1.8% |
| 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 6,910 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,578 | €3,858 | €3,895 | €3,140 | €4,077 | ▲ 29.8% |
| Other operating charges640/8 | - | €985 | €977 | €500 | €1,029 | ▲ 106% |
| Gross operating margin9900 | €49,587 | €82,194 | €13,320 | -€6,131 | €2,884 | ▲ 147% |
| Operating profit (loss)9901 | €45,073 | €77,351 | €8,448 | -€9,771 | -€2,222 | ▲ 77.3% |
| Financial income75/76B | - | €95 | €13 | €659 | €2,351 | ▲ 257% |
| Recurring financial income75 | €214 | €95 | €13 | €659 | €2,351 | ▲ 257% |
| Financial charges65/66B | - | €75,547 | €447 | €513 | €563 | ▲ 9.7% |
| Recurring financial charges65 | €44,335 | €75,547 | €447 | €513 | €563 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | €952 | €1,899 | €8,014 | -€9,625 | -€434 | ▲ 95.5% |
| Income taxes67/77 | -€59 | €117 | €700 | - | - | - |
| Profit (loss) for the period9904 | €1,011 | €1,782 | €7,314 | -€9,625 | -€434 | ▲ 95.5% |
| Profit (loss) for the period to be appropriated9905 | €1,011 | €1,782 | €7,314 | -€9,625 | -€434 | ▲ 95.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,635 | €97,048 | €89,894 | €74,480 | €72,268 | ▼ 3.0% |
| Fixed assets21/28 | €22,467 | €22,065 | €18,169 | €15,457 | €15,793 | ▲ 2.2% |
| Tangible fixed assets22/27 | €22,394 | €21,992 | €18,097 | €15,299 | €15,636 | ▲ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €297 | €183 | ▼ 38.5% |
| Furniture and vehicles24 | - | €1,741 | €558 | €177 | €3,340 | ▲ 1,790% |
| Other tangible fixed assets26 | - | €20,251 | €17,538 | €14,826 | €12,113 | ▼ 18.3% |
| Financial fixed assets28 | €73 | €73 | €73 | €158 | €158 | = |
| Current assets29/58 | €62,168 | €74,984 | €71,725 | €59,023 | €56,474 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €16,648 | €934 | €3,064 | €37,985 | €52,604 | ▲ 38.5% |
| Trade receivables40 | - | €654 | €264 | €8,265 | €7,846 | ▼ 5.1% |
| Other amounts receivable41 | - | €280 | €2,800 | €29,720 | €44,758 | ▲ 50.6% |
| Cash at bank and in hand54/58 | €44,592 | €72,102 | €67,304 | €19,699 | €211 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | - | €1,947 | €1,358 | €1,339 | €3,660 | ▲ 173% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,635 | €97,048 | €89,894 | €74,480 | €72,268 | ▼ 3.0% |
| Equity10/15 | €67,552 | €67,334 | €74,648 | €65,023 | €64,589 | ▼ 0.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €60,860 | €60,860 | €67,860 | €58,823 | €58,389 | ▼ 0.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Other1319 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €59,000 | €66,000 | €56,963 | €56,529 | ▼ 0.8% |
| Profit (loss) carried forward14 | €492 | €274 | €588 | - | - | - |
| Amounts payable17/49 | €17,083 | €29,714 | €15,247 | €9,457 | €7,679 | ▼ 18.8% |
| Amounts payable within one year42/48 | €17,083 | €29,714 | €15,247 | €9,350 | €7,392 | ▼ 20.9% |
| Trade debts44 | €12,672 | €2,641 | €5,225 | €5,879 | €4,761 | ▼ 19.0% |
| Suppliers440/4 | - | €2,641 | €5,225 | €5,879 | €4,761 | ▼ 19.0% |
| Taxes, remuneration and social security45 | - | €3,598 | €5,594 | €3,471 | €2,631 | ▼ 24.2% |
| Taxes450/3 | - | €3,598 | €5,594 | €3,471 | €2,631 | ▼ 24.2% |
| Other amounts payable47/48 | - | €23,475 | €4,428 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €107 | €287 | ▲ 168% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,011 | €1,782 | €7,314 | -€9,625 | -€434 | ▲ 95.5% |
| + Depreciation and write-downs630 | €3,578 | €3,858 | €3,895 | €3,140 | €4,077 | ▲ 29.8% |
| Operating cash flow (approximation) | €4,589 | €5,641 | €11,209 | -€6,485 | €3,643 | ▲ 156% |
| Investment in fixed assets (approximation) | - | -€3,456 | €0 | -€428 | -€4,413 | ▼ 931% |
| Change in cash | - | €27,510 | -€4,798 | -€47,605 | -€19,488 | ▲ 59.1% |
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
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €7,314 ▲310%
Net result €7,314, the highest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1,011
Net result €1,011 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€30,704
Net result drops to -€30,704, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, La Hulpe · 1 establishment unit since 2009
Ground area
1,026 m²
Building footprint
199 m²
Volume, LiDAR
621 m³
Parcel 25050E0037/00F008, Wallonia · tallest building 3.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CONCEPT SUPPORT
since 20092.177.777.187
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050E0037/00F008 | Wallonia | 1,026 m² | 1 · 199 m² | 3.7 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900VU6KLNSN1T6W47
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Of 749 companies in sector 43332 we hold annual accounts for 411. 342 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
Founded18-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43332Laying of wooden floor and wall coverings
43120Site preparation
43230Insulation installation
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810697690
Also
9925:BE0810697690
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.