CONCOORD
ActiveSummary
CONCOORD has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,361 and a net result of €126,129. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28110Electrical installation work in industrial facilities NACE 43212
#8 oldest company in Ciney, Manufacturing sector1 site
How big
€2.7mturnover 2025
- Staff
- 12 FTE
- Equity
- €88,361
- Profit
- €126,129
Who decides
- Parent
- ETS E. RONVEAUX · 100%
Accounts 49 d early1 of 15 deeds read
Why 51- Higher-failure-rate sector- Higher-failure-rate region- Weak solvency vs sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-8
Solvency35▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.04 in 2024; short-term debt: 88.2% and cash: 1% of total assets), and 89.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.2%
Return on assets
14.5%
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 10% of 689 sector peers (2025).
NBB · sector comparisonPosition among 689 sector peers
Solvency
better than 10%
← 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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
35 d early
2023
41 d early
2022
25 d early
2021
22 d late
2020
30 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Capital & sharesCapital increase · Declaration ·…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Financials
Fiscal year 2025Turnover €2.7mProfit €126,129Solvency 10.2%Liquidity 1.07
Turnover
€2.7m▲ 33.8%
2021 - 2025
Net result
€126,129▼ 38.0%
2018 - 2025
Equity
€88,361▼ 4.2%
2018 - 2025
Staff (FTE)
12▲ 14.3%
2021 - 2025
Financials · fiscal year 2025, full schema
In the rankings
#8 oldest company in Ciney, Manufacturing sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 25, Manufacture of fabricated metal products, except machinery and equipment, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.9m€2.4m▲ 160%€1.9m▼ 22.3%€2.0m▲ 7.5%€2.7m▲ 33.8%
Operating result€0.008m€0.3m▲ 3,248%€0.2m▼ 16.2%€0.2m▼ 12.9%€0.1m▼ 36.1%
Net result€0.008mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 3,296%€0.2mwithin the sector's middle half▼ 15.8%€0.2mwithin the sector's middle half▼ 13.6%€0.1mwithin the sector's middle half▼ 38.0%
EBIT margin0.9%11.8%▲ 10.9pp12.7%▲ 0.9pp10.3%▼ 2.4pp4.9%▼ 5.4pp
Equity-€0.001mbelow the sector's middle half▲ 90.0%€0.08mbelow the sector's middle half€0.09mbelow the sector's middle half▲ 13.0%€0.09mbelow the sector's middle half▲ 3.8%€0.09mbelow the sector's middle half▼ 4.2%
Total assets€1.2mwithin the sector's middle half▲ 504%€1.2mwithin the sector's middle half▲ 2.7%€0.7mbelow the sector's middle half▼ 40.8%€1.3mwithin the sector's middle half▲ 91.2%€0.9mbelow the sector's middle half▼ 35.3%
Debt€1.2m▲ 477%€1.1m▼ 4.2%€0.6m▼ 44.6%€1.2m▲ 104%€0.8m▼ 37.6%
Working capital-€0.001mbelow the sector's middle half▲ 90.0%€0.08mbelow the sector's middle half€0.08mbelow the sector's middle half▲ 0.3%€0.05mbelow the sector's middle half▼ 32.1%€0.06mbelow the sector's middle half▲ 4.1%
Solvency-0.1%below the sector's middle half▲ 4.7pp6.6%below the sector's middle half▲ 6.7pp12.7%below the sector's middle half▲ 6.0pp6.9%below the sector's middle half▼ 5.8pp10.2%below the sector's middle half▲ 3.3pp
Current ratio1.00below the sector's middle half▲ 0.041.07below the sector's middle half▲ 0.071.13below the sector's middle half▲ 0.061.04below the sector's middle half▼ 0.091.07below the sector's middle half▲ 0.03
Return on assets (ROA)0.7%within the sector's middle half▲ 1.5pp23.6%above the sector's middle half▲ 22.9pp33.6%above the sector's middle half▲ 9.9pp15.2%above the sector's middle half▼ 18.4pp14.5%above the sector's middle half▼ 0.6pp
Staff (FTE)5.1below the sector's middle half11.6within the sector's middle half▲ 127%10.6within the sector's middle half▼ 8.6%10.5within the sector's middle half▼ 0.9%12within the sector's middle half▲ 14.3%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €867,141
Fixed assets
€46,736 ▼ 21.4%
Current assets
€820,405 ▼ 35.9%
Equity and liabilities €867,141
Equity
€88,361 ▼ 4.2%
Debt
€778,780 ▼ 37.6%
Debt's share of the balance-sheet total falls from 93.1% to 89.8%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€155,293▼
2024 · €221,756
Cash flow
€150,170▼
2024 · €219,670
Quick ratio
1.06▲
2024 · 1.04
Debt to equity
8.81▼
2024 · 13.53
ROE
142.7%▼
2024 · 220.5%
Interest coverage
38.94▼
2024 · 171.57
Debt ≤ 1 year
€764,614▼
2024 · €1.2m
Debt > 1 year
€14,166▼
2024 · €20,815
Income taxes
€475▲
2024 · €231
Staff costs
€770,727▲
2024 · €655,713
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
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 497,341 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 2,613 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €0.9m | €2.4m | €1.9m | €2.0m | €2.7m | ▲ 34.4% |
| Turnover70 | €0.9m | €2.4m | €1.9m | €2.0m | €2.7m | ▲ 33.8% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €0.001m | -€0.001m | - | - | - | - |
| Other operating income74 | €0.004m | €0.02m | €0.02m | €0.01m | €0.03m | ▲ 137% |
| Operating charges60/66A | €0.9m | €2.1m | €1.6m | €1.8m | €2.6m | ▲ 42.5% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €0.05m | - |
| Purchases600/8 | - | - | - | - | €0.06m | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | -€0.006m | - |
| Services and other goods61 | €0.7m | €1.3m | €1.0m | €1.1m | €1.7m | ▲ 52.6% |
| Remuneration, social security and pensions62 | €0.3m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €0.002m | €0.02m | €0.02m | ▲ 47.4% |
| Other operating charges640/8 | €348 | €348 | €0.001m | €0.001m | €0.001m | ▼ 29.6% |
| Operating profit (loss)9901 | €0.008m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 36.1% |
| Financial charges65/66B | €174 | €0.002m | €297 | €0.002m | €0.005m | ▲ 151% |
| Recurring financial charges65 | €174 | €0.002m | €297 | €0.002m | €0.005m | ▲ 151% |
| Debt charges650 | - | - | - | €0.001m | €0.004m | ▲ 209% |
| Other financial charges652/9 | €174 | €0.002m | €297 | €0.001m | €0.001m | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €0.008m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 37.8% |
| Income taxes67/77 | - | - | €381 | €231 | €475 | ▲ 106% |
| Taxes670/3 | - | - | €381 | €231 | €475 | ▲ 106% |
| Profit (loss) for the period9904 | €0.008m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 38.0% |
| Profit (loss) for the period to be appropriated9905 | €0.008m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 38.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.2m | €0.7m | €1.3m | €0.9m | ▼ 35.3% |
| Fixed assets21/28 | - | - | €0.04m | €0.06m | €0.05m | ▼ 21.4% |
| Tangible fixed assets22/27 | - | - | €0.04m | €0.06m | €0.05m | ▼ 21.4% |
| Plant, machinery and equipment23 | - | - | €0.005m | €0.01m | €0.007m | ▼ 42.8% |
| Furniture and vehicles24 | - | - | €0.03m | €0.05m | €0.04m | ▼ 16.0% |
| Current assets29/58 | €1.2m | €1.2m | €0.7m | €1.3m | €0.8m | ▼ 35.9% |
| Stocks and contracts in progress3 | €0.001m | - | €0.005m | €0.004m | €0.01m | ▲ 130% |
| Stocks30/36 | - | - | €0.005m | €0.004m | €0.01m | ▲ 130% |
| Raw materials and consumables30/31 | - | - | €0.005m | €0.004m | €0.01m | ▲ 130% |
| Contracts in progress37 | €0.001m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.1m | €1.1m | €0.6m | €1.3m | €0.8m | ▼ 36.7% |
| Trade receivables40 | €1.1m | €1.1m | €0.6m | €1.3m | €0.8m | ▼ 38.2% |
| Other amounts receivable41 | €0.007m | €0.004m | €0.03m | €0.007m | €0.02m | ▲ 209% |
| Cash at bank and in hand54/58 | €0.05m | €0.05m | €0.08m | €0.009m | €0.009m | ▼ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €0.7m | €1.3m | €0.9m | ▼ 35.3% |
| Equity10/15 | -€0.001m | €0.08m | €0.09m | €0.09m | €0.09m | ▼ 4.2% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.007m | €0.007m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | €0.001m | €0.001m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.07m | €0.009m | €0.005m | €0.008m | €0.005m | ▼ 45.6% |
| Amounts payable17/49 | €1.2m | €1.1m | €0.6m | €1.2m | €0.8m | ▼ 37.6% |
| Amounts payable after more than one year17 | - | - | €0.03m | €0.02m | €0.01m | ▼ 31.9% |
| Financial debts170/4 | - | - | €0.03m | €0.02m | €0.01m | ▼ 31.9% |
| Credit institutions173 | - | - | €0.03m | €0.02m | €0.01m | ▼ 31.9% |
| Amounts payable within one year42/48 | €1.2m | €1.1m | €0.6m | €1.2m | €0.8m | ▼ 37.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0.006m | €0.006m | €0.007m | ▲ 4.3% |
| Trade debts44 | €0.5m | €0.8m | €0.08m | €0.7m | €0.5m | ▼ 24.0% |
| Suppliers440/4 | €0.5m | €0.8m | €0.08m | €0.7m | €0.5m | ▼ 24.0% |
| Advances received on contracts in progress46 | - | - | - | €0.03m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €0.06m | €0.1m | €0.08m | €0.04m | €0.09m | ▲ 101% |
| Taxes450/3 | - | €0.004m | €0.008m | €231 | €0.007m | ▲ 2,945% |
| Remuneration and social security454/9 | €0.06m | €0.1m | €0.07m | €0.04m | €0.08m | ▲ 85.6% |
| Other amounts payable47/48 | €0.6m | €0.2m | €0.4m | €0.4m | €0.1m | ▼ 69.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,232 | €279,532 | €235,252 | €203,365 | €126,129 | ▼ 38.0% |
| + Depreciation and write-downs630 | - | - | €1,611 | €16,305 | €24,041 | ▲ 47.4% |
| Operating cash flow (approximation) | €8,232 | €279,532 | €236,863 | €219,670 | €150,170 | ▼ 31.6% |
| Investment in fixed assets (approximation) | - | - | - | -€38,582 | -€11,320 | ▲ 70.7% |
| Change in cash | - | -€3,364 | €30,392 | -€66,855 | -€322 | ▲ 99.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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S & S Steel Construct
BE 0805.480.872
Lokeren · Eq €88,426
MDM Bouw
BE 0711.859.343
Antwerpen · Eq €88,261
AGRIN
BE 0776.884.282
Houthulst · Eq €88,121
MAGE
BE 0737.688.562
Charleroi · Eq €87,860
Of 3,983 companies in this sector we hold annual accounts for 2,144. 1,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent ETS E. RONVEAUX · 100%
Directors
Directors
No directors read yet: 1 of 15 Gazette acts processed. See the function holders in the CBE →
Structure & network
Part of the group
COMPAGNIE FINANCIERE DE TRAVAUX PUBLICS ET AGREGATS
22 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
Highest known parent: COMPAGNIE FINANCIERE DE TRAVAUX PUBLICS ET AGREGATS. The sources do not say who stands above it.
Owners 2
-
100%
-
consolidated
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of CONCOORD and those 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 directors read yet: 1 of 15 Gazette acts processed.
Capital and shareholders
Capital over the years
- 04-09-2026 Capital increase of €170,500 · to €233,000 · no new shares · in cash
Timeline
13 eventsLatest 04-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Capital & sharesCapital increase · Declaration · Bank account17 facts ▸
State Gazette act
Capital & shares
Capital increase · Declaration · Bank account17 facts ▸
- General meeting, 31-08-2026
- Capital increase, €170.500
- Declaration, renonciation aux rapports prévus par l'article 7:179 §1 du Code des sociétés et des associations, unanimité
- Bank account, 170500.0, EUR
- Capital, €233.000
- Statutes amendment, 5
- Other statement, 13-11-1992
- Other statement, 20-03-1995
- Other statement, 30-12-1996
- Other statement, 29-03-1999
- Other statement, 14-12-1999
- Other statement, 26-08-2004
- +5 further facts in this act
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €279,532 ▲3,296%
Operating result €281,401, net result €279,532, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Back to profitnet €8,232
Net result €8,232 after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
2 registers with recognitionsLEI issued
Registered contractor
1
categories
LEI
active
699400DE5B4Q5EPRCT83
Recognitions · licences · registrations
Recognised contractor
1 categoryCONCOORD SAapproval no. #10190
Legal Entity Identifier
699400DE5B4Q5EPRCT83
Company details
Public limited company · founded 13-11-1992Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded13-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43212Electrical installation work in industrial facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448657761
Also
9925:BE0448657761
Registered
04-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Ciney · 1 establishment unit since 1999
Ground area
1.8 ha
Building footprint
57 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rebonmoulin 16, 5590 Ciney
since 1999unit no. 2.059.778.865
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030A0162/00B000indicative | Wallonia | 1.8 ha | - | - |
| 91030A0139/00V012indicative | Wallonia | 160 m² | 1 · 57 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
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