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CONCOORD

Active
Public limited companyfounded 1992active for 33 yearsChemin de Rebonmoulin 16, 5590 Ciney, BelgiumKBO/BCE: BE 0448.657.761
Summary

CONCOORD has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,361 and a net result of €126,129. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 830 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Official details

Source: KBO
Status
Active since 13-11-1992 Normal situation
Registered office
13 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Manufacture of metal structures and parts of structures NACE 25110and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.059.778.865 5590 Ciney, since 08-08-1999
Financial year end
31 December
Peppol
Reachable since 04-09-2025

Board and ownership

Board
  • BETONELEC SADirector · since 09-06-2021
  • SOENEN BIO SERVICES SPRLDirector · since 09-06-2021
Auditor
SRL LVM Audit Services
Shareholders

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Annual accounts 2025
Turnover
€2.7m
▲ 33.8%
Profit
€126,129
▼ 38.0%
Equity
€88,361
▼ 4.2%
Total assets
€867,141
▼ 35.3%
Employees on 31-12-2025
12
=
Score breakdownraises riskEquity €88,361 (10.2% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 1.07, cash €8,869Size: turnover €2.7m, 12 FTE, total assets €867,141Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 30% of small companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Weak
Solvency 35+3
equity 10.2% of total assets
Liquidity 2+1
short-term debt 88.2% · cash 1.0%
Profitability 72-8
return on assets 14.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (748 companies, NACE 25, small)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.1%● unchanged vs 07-2026highest value 09-2026: 1.1%● unchanged vs 08-2026highest value 10-2026: 1.1%● unchanged vs 09-2026highest value 11-2026: 1.1%● unchanged vs 10-2026highest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (1.04 in 2024), below the usual 1.5. Short-term debt is 88.2% and cash 1% of total assets. 89.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 9% of them on solvency, 1% on liquidity, 53% on profitability and 58% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Equity €88,361 (10.2% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Liquidity: current ratio 1.07, cash €8,869
NBB · annual accounts
raises risk · Size: turnover €2.7m, 12 FTE, total assets €867,141
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 830 sector peers (2025).
NBB · sector comparison
Position among 830 sector peers
Solvency
better than 9%
← 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 filings
Deviation from the deadline
2025
49 days early
2024
35 days early
2023
41 days early
2022
25 days early
2021
22 days late
2020
30 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 92% of companies in fabricated metal productssector median €1.2m · 830 companies €88,361 View
  • Caution: Result fell in 2025from €203,365 to €126,129 ▼ 38.0% View
  • Positive: 5 profitable years in a rowprofit 2025: €126,129 5 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Capital increase of €170,500 to €233,000
  2. · Gazette deed Reappointment: LVM AUDIT SERVICES SRL (statutory auditor)Permanent representative: BERNARD DEHUT
  3. · Gazette deed Amendment of the articles · Miscellaneous
All 17 events

Companies linked to CONCOORD

Comparable companies

These companies have the same main activity as CONCOORD: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €411,000 and €1.7m, founded between 1974 and 2003.

CompanyTotal assetsTurnover
CONCOORD Ciney€0.9m€2.7m
F.C.M. CLARINVAL Bièvre€0.7m€1.2m
GIJMACON ALUMINIUM CONSTRUCTIES Opglabbeek€1.7m€3.6m
SOUDOMECA INDUSTRIES Doische€1.6m€2.0m
ROBBY Deinze€1.1m€1.2m
DURJAU EXPLOITATION Walhain€0.4m€0.9m
CONTAINER & MACHINE REPAIR Temse€0.4m€2.0m
Full comparison

Key facts about CONCOORD

What is the company number of CONCOORD?
The company number of CONCOORD is 0448.657.761. The VAT number is the same number with BE in front: BE 0448.657.761.
Where is CONCOORD based?
The registered office is at Chemin de Rebonmoulin 16, 5590 Ciney.Company details
What does CONCOORD do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of CONCOORD?
The legal form of CONCOORD is Public limited company (NV).
When was CONCOORD founded?
CONCOORD was founded on 13-11-1992.
Is CONCOORD still active?
Yes, CONCOORD is an active enterprise in the KBO register.
How many employees does CONCOORD have?
CONCOORD had an average of 12 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CONCOORD fall under?
In its 2025 annual accounts, CONCOORD states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of CONCOORD?
The turnover of CONCOORD was €2.7m in financial year 2025, according to the filed annual accounts.
Is CONCOORD profitable?
In financial year 2025, CONCOORD made a profit of €126,129.
Where can I find the annual accounts of CONCOORD?
CONCOORD filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CONCOORD due?
CONCOORD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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