CONCERT' EAU
ActiveSummary
CONCERT' EAU has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.29bn and a net result of €41.4m. Equity remains stable across the filed financial years (±0.6% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2026, abbreviated format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41.4m▲ 3.1%
2025 · €40.1m
Working capital
€163,424▼ 98.7%
2025 · €12.8m
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result stays negative: a loss of €11,298 in 2026 against €19,334 in 2025; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2026
Net result€41.4m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2,335.4m
2026
Equity€2,293.7m
2026
Debt€41.7m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.2m
2026
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2026
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result-€0.003m--€0.005m▼ 47.6%-€0.006m▼ 9.5%-€0.005m▲ 2.1%-€0.006m▼ 10.2%-€0.007m▼ 10.3%-€0.02m▼ 191%-€0.01m▲ 41.6%
Net result€29.7m-€9.3m▼ 68.7%€76.6m▲ 724%€11.9m▼ 84.5%€37.1m▲ 212%€36.0m▼ 3.0%€40.1m▲ 11.6%€41.4m▲ 3.1%
Equity€2,410.0m-€2,360.1m▼ 2.1%€2,404.6m▲ 1.9%€2,222.5m▼ 7.6%€2,273.5m▲ 2.3%€2,273.5m=€2,306.0m▲ 1.4%€2,293.7m▼ 0.5%
Total assets€2,446.7m-€2,383.9m▼ 2.6%€2,449.8m▲ 2.8%€2,257.0m▼ 7.9%€2,324.1m▲ 3.0%€2,323.3m=€2,342.0m▲ 0.8%€2,335.4m▼ 0.3%
Debt€36.7m-€23.8m▼ 35.3%€45.2m▲ 90.4%€34.5m▼ 23.7%€50.6m▲ 46.6%€49.8m▼ 1.6%€36.0m▼ 27.6%€41.7m▲ 15.7%
Working capital€36.9m--€13.1m€169.1m-€13.1m-€13.1m=-€13.1m=€12.8m€0.2m▼ 98.7%
Staff (FTE)00
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.34bn
Fixed assets
€2.29bn =
Current assets
€41.8m ▼ 13.8%
Equity and liabilities €2.34bn
Equity
€2.29bn ▼ 0.5%
Debt
€41.7m ▲ 15.7%
Debt's share of the balance-sheet total rises from 1.5% to 1.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.00▼
2025 · 1.36
Debt to equity
0.02▲
2025 · 0.02
ROE
1.8%▲
2025 · 1.7%
ROA
1.8%▲
2025 · 1.7%
Debt ≤ 1 year
€41.7m▲
2025 · €35.8m
Income taxes
€0▼
2025 · €137,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0 | €0 | - | - | - | - |
| Gross operating margin9900 | -€0.003m | -€0.005m | -€0.006m | -€0.005m | -€0.006m | -€0.007m | -€0.02m | -€0.01m | ▲ 41.6% |
| Operating profit (loss)9901 | -€0.003m | -€0.005m | -€0.006m | -€0.005m | -€0.006m | -€0.007m | -€0.02m | -€0.01m | ▲ 41.6% |
| Financial income75/76B | - | - | - | €11.9m | €37.1m | €36.6m | €40.6m | €41.4m | ▲ 2.1% |
| Recurring financial income75 | €30.1m | €9.8m | €76.6m | €11.9m | €37.1m | €36.6m | €36.2m | €41.4m | ▲ 14.5% |
| Non-recurring financial income76B | - | - | - | - | - | - | €4.4m | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €0.001m | €0 | €0.7m | €0.3m | €0.02m | ▼ 94.0% |
| Recurring financial charges65 | €0.4m | €0.5m | €484 | €0.001m | €0 | €0.7m | €0.3m | €0.02m | ▼ 94.0% |
| Profit (loss) for the period before taxes9903 | €29.7m | €9.3m | €76.6m | €11.9m | €37.1m | €36.0m | €40.3m | €41.4m | ▲ 2.7% |
| Income taxes67/77 | €0 | - | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €29.7m | €9.3m | €76.6m | €11.9m | €37.1m | €36.0m | €40.1m | €41.4m | ▲ 3.1% |
| Profit (loss) for the period to be appropriated9905 | €29.7m | €9.3m | €76.6m | €11.9m | €37.1m | €36.0m | €40.1m | €41.4m | ▲ 3.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2,446.7m | €2,383.9m | €2,449.8m | €2,257.0m | €2,324.1m | €2,323.3m | €2,342.0m | €2,335.4m | ▼ 0.3% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €2,373.2m | €2,373.2m | €2,235.6m | €2,235.6m | €2,286.6m | €2,286.6m | €2,293.5m | €2,293.5m | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €2,373.2m | €2,373.2m | €2,235.6m | €2,235.6m | €2,286.6m | €2,286.6m | €2,293.5m | €2,293.5m | = |
| Current assets29/58 | €73.5m | €10.7m | €214.2m | €21.4m | €37.5m | €36.7m | €48.5m | €41.8m | ▼ 13.8% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €73.1m | €9.8m | €213.4m | €11.9m | €37.1m | €36.6m | €0 | - | - |
| Other amounts receivable41 | - | - | - | €11.9m | €37.1m | €36.6m | €0 | - | - |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.8m | €0.8m | €9.5m | €0.4m | €0.04m | €48.5m | €41.8m | ▼ 13.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2,446.7m | €2,383.9m | €2,449.8m | €2,257.0m | €2,324.1m | €2,323.3m | €2,342.0m | €2,335.4m | ▼ 0.3% |
| Equity10/15 | €2,410.0m | €2,360.1m | €2,404.6m | €2,222.5m | €2,273.5m | €2,273.5m | €2,306.0m | €2,293.7m | ▼ 0.5% |
| Contributions10/11 | €2,403.1m | €0 | - | €2,222.5m | €2,273.5m | €2,273.5m | €2,301.6m | €2,293.7m | ▼ 0.3% |
| Contributions outside capital11 | - | - | - | €2,222.5m | €2,273.5m | €2,273.5m | - | - | - |
| Share premium1100/10 | - | - | - | €0 | - | - | - | - | - |
| Other1109/19 | - | - | - | €2,222.5m | €2,273.5m | €2,273.5m | - | - | - |
| Reserves13 | €6.9m | €0.002m | €44.5m | €0.002m | €0.002m | €0.002m | €4.4m | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Distributable reserves133 | - | - | - | €0 | - | - | €4.4m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €36.7m | €23.8m | €45.2m | €34.5m | €50.6m | €49.8m | €36.0m | €41.7m | ▲ 15.7% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €36.7m | €23.8m | €45.1m | €34.5m | €50.6m | €49.8m | €35.8m | €41.7m | ▲ 16.5% |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €0.001m | €0 | - | - | €0.001m | €0 | €0.003m | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | - | €0.001m | €0 | €0.003m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €34.5m | €50.6m | €49.8m | €35.8m | €41.7m | ▲ 16.5% |
| Accrued charges and deferred income492/3 | - | - | - | €300 | €0 | - | €0.3m | €0.02m | ▼ 94.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29.7m | €9.3m | €76.6m | €11.9m | €37.1m | €36.0m | €40.1m | €41.4m | ▲ 3.1% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €29.7m | €9.3m | €76.6m | €11.9m | €37.1m | €36.0m | €40.1m | €41.4m | ▲ 3.1% |
| Investment in fixed assets (approximation) | - | €0 | €137.6m | €0 | -€51.0m | €0 | -€6.9m | €0 | - |
| Change in cash | - | €0.4m | -€0.006m | €8.7m | -€9.1m | -€0.4m | €48.5m | -€6.7m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 04-07-2026 | abbreviated format | 16-07-2026 | 2026-00299261 |
| 04-07-2025 | full format | 15-07-2025 | 2025-00272247 |
| 30-06-2024 | full format | 09-07-2024 | 2024-00224941 |
| 30-06-2023 | full format | 07-07-2023 | 2023-00213034 |
| 30-06-2022 | full format | 11-07-2022 | 2022-20176277 |
| 30-06-2021 | full format | 05-07-2021 | 2021-31200039 |
| 30-06-2020 | full format | 16-09-2020 | 2020-53400318 |
| 30-06-2019 | full format | 10-09-2019 | 2019-63900283 |
| 30-06-2018 | full format | 28-09-2018 | 2018-66700268 |
| 30-06-2017 | full format | 27-09-2017 | 2017-63900186 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.