CONCORDE
ActiveSummary
CONCORDE has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €306,991. Equity has been stable since 2019 (±1.4% per year). Its solvency ranks better than 66% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-12-1993 Normal situation
- Registered office
- 11 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Buying and selling of own real estate NACE 68110and 5 others
- Establishment unit
- 2.066.068.920 8940 Wervik, since 21-03-1994
- Financial year end
- 30 September
- Peppol
- Reachable since 17-09-2025
Board and ownership
Board
- TOP-CLASSChair · permanent representative DENY Tom
- DENY JacquesManaging director
- MINNE ClaraDirector · since 03-02-2023
Shareholders
- TOP-CLASS75%· score 9730-09-2025 annual accounts of TOP-CLASS
- Holdings
- Shares in 6 companies including SLW and AESCO
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 30-09-2025
- Gross margin
- €898,549
- ▼ 20.0%
- Turnover
- ≈ €1.6m
- estimated
- Profit
- €306,991
- ▼ 53.0%
- Equity
- €6.8m
- ▼ 0.6%
- Total assets
- €13.6m
- ▼ 3.6%
- Employees on 30-09-2025
- 1
- =
Score breakdownraises riskLiquidity: current ratio 0.49, cash €36,580, halvedlowers riskSize: 1 FTE, total assets €13.6mFounded in 1993Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
75+1
equity 50.4% of total assets
Liquidity
27+1
short-term debt 47.6% · cash 0.3%
Profitability
72-3
return on assets 2.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025highest value
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (0.64 in 2024), below 1. Short-term debt is 47.6% and cash 0.3% of total assets. 49.6% 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 68, micro). It does better than 64% of them on solvency, 20% on liquidity, 62% on profitability and 43% on growth.
The bankruptcy probability was computed on 02-11-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 days late
2021
31 days late
2020
20 days late
2019
on the day
← 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 8 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 31 filings
Turnover
≈ €1.6m
Estimated: probably between €1.2m and €2.6m
Total assets
€13.6m▼ 3.6%
2024 · €14.1m
Net result
€306,991▼ 53.0%
2024 · €653,590
Working capital
-€3.3m▼ 30.8%
2024 · -€2.5m
In the rankings
#2 company by total assets in Wervik, Real estate sector#3 company by equity in Wervik, Real estate sector#9 oldest company in Wervik, Real estate sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€201,016
▼ 54.7%
2025
20192025
Net result
€306,991
▼ 53.0%
2025
highest quarter of the sector
20192025
Equity
€6.8m
▼ 0.6%
2025
highest quarter of the sector
20192025
Total assets
€13.6m
▼ 3.6%
2025
highest quarter of the sector
20192025
Debt
€6.6m
▼ 6.2%
2025
20192025
Working capital
-€3.3m
▼ 30.8%
2025
lowest quarter of the sector
20192025
Solvency
50.4%
▲ 1.6pp
2025
middle half of the sector
20192025
Current ratio
0.49
▼ 0.14
2025
middle half of the sector
20192025
Return on assets (ROA)
2.3%
▼ 2.4pp
2025
middle half of the sector
20192025
Staff (FTE)
1
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.4m▲ 49.4%€0.3m▼ 41.0%€0.4m▲ 63.5%€0.01m▼ 96.8%€0.4m▲ 33×€0.2m▼ 54.7%
Net result€0.2m-€0.6mabove the sector's middle half▲ 181%€0.4mabove the sector's middle half▼ 35.8%€0.5mabove the sector's middle half▲ 17.4%€0.4mabove the sector's middle half▼ 16.7%€0.7mabove the sector's middle half▲ 62.8%€0.3mabove the sector's middle half▼ 53.0%
Equity€6.4m-€6.5mabove the sector's middle half▲ 2.2%€6.5mabove the sector's middle half▼ 0.6%€6.5mabove the sector's middle half▲ 0.8%€6.8mabove the sector's middle half▲ 4.3%€6.9mabove the sector's middle half▲ 1.2%€6.8mabove the sector's middle half▼ 0.6%
Total assets€11.3m-€12.0mabove the sector's middle half▲ 6.3%€12.0mabove the sector's middle half=€12.5mabove the sector's middle half▲ 3.8%€14.1mabove the sector's middle half▲ 13.2%€14.1mabove the sector's middle half▼ 0.2%€13.6mabove the sector's middle half▼ 3.6%
Debt€4.0m-€5.1m▲ 29.3%€5.2m▲ 1.6%€5.7m▲ 8.5%€7.1m▲ 24.9%€7.0m▼ 0.9%€6.6m▼ 6.2%
Working capital-€0.2m--€1.7mbelow the sector's middle half▼ 687%-€1.2mbelow the sector's middle half▲ 32.7%-€2.4mbelow the sector's middle half▼ 109%-€2.8mbelow the sector's middle half▼ 14.9%-€2.5mbelow the sector's middle half▲ 10.3%-€3.3mbelow the sector's middle half▼ 30.8%
Solvency56.4%-54.2%within the sector's middle half▼ 2.2pp53.9%within the sector's middle half▼ 0.3pp52.3%within the sector's middle half▼ 1.6pp48.2%within the sector's middle half▼ 4.1pp48.8%within the sector's middle half▲ 0.6pp50.4%within the sector's middle half▲ 1.6pp
Current ratio0.94-0.65within the sector's middle half▼ 0.300.77within the sector's middle half▲ 0.120.56within the sector's middle half▼ 0.210.59within the sector's middle half▲ 0.030.64within the sector's middle half▲ 0.050.49within the sector's middle half▼ 0.14
Return on assets (ROA)2.0%-5.3%within the sector's middle half▲ 3.3pp3.4%within the sector's middle half▼ 1.9pp3.9%within the sector's middle half▲ 0.4pp2.8%within the sector's middle half▼ 1.0pp4.6%within the sector's middle half▲ 1.8pp2.3%within the sector's middle half▼ 2.4pp
Staff (FTE)4-4within the sector's middle half=3.2within the sector's middle half▼ 20.0%3within the sector's middle half▼ 6.3%1within the sector's middle half▼ 66.7%1within the sector's middle half=1within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 55% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.6m
Fixed assets
€10.4m ▲ 7.2%
Current assets
€3.2m ▼ 27.5%
Equity and liabilities €13.6m
Equity
€6.8m ▼ 0.6%
Provisions
€161,765 ▼ 20.0%
Debt
€6.6m ▼ 6.2%
Debt's share of the balance-sheet total falls from 49.7% to 48.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€672,151▼
2024 · €891,915
Cash flow
€778,126▼
2024 · €1.1m
Quick ratio
0.18▼
2024 · 0.19
Debt to equity
0.96▼
2024 · 1.02
ROE
4.5%▼
2024 · 9.5%
Interest coverage
14.06▼
2024 · 14.70
Debt ≤ 1 year
€6.5m▼
2024 · €6.9m
Debt > 1 year
€86,207▼
2024 · €100,957
Income taxes
€1,305▲
2024 · €980
Staff costs
€64,098▲
2024 · €62,739
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 1 | 1 | 1 |
| full-time | 3 | 3 | 1 | 1 | 1 |
| in full-time equivalents | 3 | 3 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 3.2 | 3 | 1 | 1 | 1 |
| On a permanent contract | 3 | 3 | 1 | 1 | 1 |
| Joined | 0 | - | 0 | - | - |
| Left | 2 | - | 2 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €589,974 | €1.8m | €954,609 | €243,262 | €1.2m |
| Depreciation and write-downs of the year | €442,838 | €361,733 | €460,424 | €447,919 | €471,135 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0.2m | €0.1m | €0.08m | €0.06m | €0.06m | ▲ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.4m | €0.5m | ▲ 5.2% |
| Other operating charges640/8 | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 3.7% |
| Gross operating margin9900 | €1.0m | €0.7m | €1.1m | €1.1m | €0.8m | €1.1m | €0.9m | ▼ 20.0% |
| Operating profit (loss)9901 | €0.3m | €0.4m | €0.3m | €0.4m | €0.01m | €0.4m | €0.2m | ▼ 54.7% |
| Financial income75/76B | - | - | €0.2m | €0.1m | €0.4m | €0.2m | €0.1m | ▼ 50.7% |
| Recurring financial income75 | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.02m | €0.1m | ▲ 348% |
| Non-recurring financial income76B | - | - | - | - | €0.3m | €0.2m | €0.007m | ▼ 96.5% |
| Financial charges65/66B | - | - | €0.07m | €0.1m | €0.05m | €0.06m | €0.05m | ▼ 23.1% |
| Recurring financial charges65 | €0.2m | €0.06m | €0.07m | €0.1m | €0.05m | €0.06m | €0.05m | ▼ 21.2% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.001m | - | - |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.7m | €0.4m | €0.4m | €0.4m | €0.6m | €0.3m | ▼ 56.4% |
| Transfer from deferred taxes780 | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Income taxes67/77 | €0.07m | €0.06m | €485 | €0.001m | €0.002m | €0.001m | €0.001m | ▲ 33.1% |
| Profit (loss) for the period9904 | €0.2m | €0.6m | €0.4m | €0.5m | €0.4m | €0.7m | €0.3m | ▼ 53.0% |
| Transfer from tax-exempt reserves789 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.8m | €0.6m | €0.7m | €0.6m | €0.8m | €0.5m | ▼ 40.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11.3m | €12.0m | €12.0m | €12.5m | €14.1m | €14.1m | €13.6m | ▼ 3.6% |
| Fixed assets21/28 | €7.5m | €8.8m | €8.1m | €9.4m | €10.1m | €9.7m | €10.4m | ▲ 7.2% |
| Tangible fixed assets22/27 | €6.0m | €7.1m | €6.5m | €7.7m | €8.1m | €7.5m | €8.2m | ▲ 9.2% |
| Land and buildings22 | - | - | €6.5m | €7.7m | €8.1m | €7.5m | €8.1m | ▲ 8.2% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.001m | - |
| Furniture and vehicles24 | - | - | €0.002m | - | €0.02m | €0.02m | €0.09m | ▲ 437% |
| Financial fixed assets28 | €1.5m | €1.7m | €1.7m | €1.7m | €2.0m | €2.2m | €2.2m | ▲ 0.3% |
| Current assets29/58 | €3.7m | €3.2m | €3.9m | €3.0m | €4.0m | €4.4m | €3.2m | ▼ 27.5% |
| Amounts receivable after more than one year29 | - | - | €1.0m | €1.1m | €1.1m | €0.8m | €0.7m | ▼ 7.7% |
| Other amounts receivable291 | - | - | €1.0m | €1.1m | €1.1m | €0.8m | €0.7m | ▼ 7.7% |
| Stocks and contracts in progress3 | €0.2m | €0.6m | €1.2m | €0.6m | €1.9m | €3.1m | €2.0m | ▼ 35.5% |
| Stocks30/36 | - | - | €1.2m | €0.6m | €1.9m | €3.1m | €2.0m | ▼ 35.5% |
| Amounts receivable within one year40/41 | €1.3m | €1.1m | €0.9m | €0.8m | €0.8m | €0.4m | €0.3m | ▼ 24.5% |
| Trade receivables40 | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 29.1% |
| Other amounts receivable41 | - | - | €0.7m | €0.5m | €0.4m | €0.02m | €0.03m | ▲ 42.5% |
| Cash at bank and in hand54/58 | €1.3m | €0.2m | €0.6m | €0.4m | €0.2m | €0.09m | €0.04m | ▼ 60.1% |
| Deferred charges and accrued income490/1 | - | - | €0.09m | €0.09m | €0.06m | €0.07m | €0.2m | ▲ 141% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11.3m | €12.0m | €12.0m | €12.5m | €14.1m | €14.1m | €13.6m | ▼ 3.6% |
| Equity10/15 | €6.4m | €6.5m | €6.5m | €6.5m | €6.8m | €6.9m | €6.8m | ▼ 0.6% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Uncalled capital101 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €5.6m | €5.8m | €5.7m | €5.8m | €6.1m | €6.1m | €6.1m | ▼ 0.6% |
| Non-distributable reserves130/1 | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Legal reserve130 | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Tax-exempt reserves132 | - | - | €1.6m | €1.4m | €1.2m | €1.0m | €0.8m | ▼ 20.0% |
| Distributable reserves133 | - | - | €4.1m | €4.3m | €4.8m | €5.1m | €5.2m | ▲ 3.1% |
| Provisions and deferred taxes16 | €1.0m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 20.0% |
| Deferred taxes168 | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 20.0% |
| Amounts payable17/49 | €4.0m | €5.1m | €5.2m | €5.7m | €7.1m | €7.0m | €6.6m | ▼ 6.2% |
| Amounts payable after more than one year17 | €0.003m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 14.6% |
| Financial debts170/4 | - | - | €0.2m | €0.1m | €0.1m | €0.1m | €0.08m | ▼ 21.1% |
| Other amounts payable178/9 | - | - | €0.002m | €0.002m | €0.006m | €0.006m | €0.01m | ▲ 88.1% |
| Amounts payable within one year42/48 | €4.0m | €4.9m | €5.0m | €5.5m | €6.8m | €6.9m | €6.5m | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Financial debts43 | - | - | - | - | €1.4m | €1.4m | €0.9m | ▼ 39.3% |
| Credit institutions430/8 | - | - | - | - | €1.4m | €1.4m | €0.9m | ▼ 39.3% |
| Trade debts44 | €0.3m | €0.7m | €0.7m | €0.6m | €0.5m | €0.3m | €0.06m | ▼ 74.9% |
| Suppliers440/4 | - | - | €0.7m | €0.6m | €0.5m | €0.3m | €0.06m | ▼ 74.9% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.03m | ▼ 80.6% |
| Taxes450/3 | - | - | €0.08m | €0.09m | €0.1m | €0.1m | €0.02m | ▼ 84.6% |
| Remuneration and social security454/9 | - | - | €0.02m | €0.01m | €0.01m | €0.009m | €0.007m | ▼ 15.7% |
| Other amounts payable47/48 | - | - | €4.3m | €4.8m | €4.8m | €5.1m | €5.5m | ▲ 8.4% |
| Accrued charges and deferred income492/3 | - | - | €0.02m | €0.03m | €0.1m | €0.006m | €0.02m | ▲ 215% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.6m | €0.4m | €0.5m | €0.4m | €0.7m | €0.3m | ▼ 53.0% |
| + Depreciation and write-downs630 | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.4m | €0.5m | ▲ 5.2% |
| Operating cash flow (approximation) | €0.6m | €1.0m | €0.9m | €0.8m | €0.9m | €1.1m | €0.8m | ▼ 29.4% |
| Investment in fixed assets (approximation) | - | -€1.7m | €0.2m | -€1.6m | -€1.1m | -€0.07m | -€1.2m | ▼ 1,580% |
| Change in cash | - | -€1.1m | €0.4m | -€0.2m | -€0.2m | -€0.08m | -€0.06m | ▲ 31.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as CONCORDE has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONCORDE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for CONCORDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00096521 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00082601 | |
| 30-09-2023 | abbreviated format | 30-04-2024 | 2024-00075652 | |
| 30-09-2022 | abbreviated format | 02-05-2023 | 2023-00074471 | |
| 30-09-2021 | abbreviated format | 31-05-2022 | 2022-20038910 | |
| 30-09-2020 | abbreviated format | 20-05-2021 | 2021-14500555 | |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-10400250 | |
| 30-09-2018 | abbreviated format | 28-03-2019 | 2019-08100129 | |
| 30-09-2017 | abbreviated format | 30-03-2018 | 2018-08100472 | |
| 30-09-2016 | full format | 30-03-2017 | 2017-07600353 |
Board & ownership
Directors
Directors
3 directors, 2 in day-to-day management
Board 3
TOP-CLASS
Current
Chair of the board · in office according to the act of 24-02-2023 · Director · since 03-02-2023 · 6-year term from 2023 · Legal entity · permanent representative: DENY Tom · listed in the 2025 annual accounts, filed on 30-04-2026
DENY Jacques
Current
Director · since 03-02-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 30-04-2026
MINNE Clara
Current
Director · since 03-02-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 30-04-2026
Day-to-day management 2
DENY Jacques
Current
Managing director · in office according to the act of 24-02-2023
TOP-CLASS
Current
Managing director · in office according to the act of 24-02-2023 · Legal entity · permanent representative: DENY Tom
Permanent representatives 1
DENY Tom
Current
Permanent representative · in office according to the act of 24-02-2023 · for TOP-CLASS
Signing authorityThe articles say who may bind the company, for example by signing a contract.
deed of 26-07-2024
The sole director
“2. Indien een raad van bestuur is samengesteld, wordt de vennootschap in en buiten rechte vertegenwoordigd door de raad van bestuur…”
Full text
2. Indien een raad van bestuur is samengesteld, wordt de vennootschap in en buiten rechte vertegenwoordigd door de raad van bestuur handelend met de meerderheid van zijn leden. Onverminderd deze algemene vertegenwoordigingsmacht van de raad van bestuur, wordt de vennootschap in en buiten rechte vertegenwoordigd door 2 bestuurders, samen optredend, of door een gedelegeerd bestuurder, alleen optredend. De plaats, de dag en het uur van de jaarvergadering van de aandeelhouders, alsook de voorwaarden voor de toelating tot de vergadering en voor de uitoefening van het stemrecht De gewone algemene vergadering, ook jaarvergadering genoemd, heeft elk jaar plaats op de derde vrijdag van de maand maart om 18u. Indien deze dag een wettelijke feestdag is, wordt de
Owners and capital
Shareholders
1 ownerCapital transactions
Capital over time
- 26-07-2024 Capital stated in the deed · €902,400.76 · 6,400 shares
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DENY Jacques |
|
| MINNE Clara |
|
| TOP-CLASS |
|
Network & group
Holdings and subsidiaries
6 holdingsHoldings 6
Source for every holding own accounts 30-09-2025
- SLWsubsidiaryEquity €74,556 Profit of €4,678 in 2025 (profit of €8 in 2024) Checked score 6999%
- Equity €333,455 Loss of €12,316 in 2025 (profit of €8,574 in 2024) Checked score 5122.19%
- Equity €2.6m Profit of €715,638 in 2025 (profit of €1.7m in 2024) Checked score 9320%
- Equity €1.7m Profit of €473,856 in 2025 (profit of €383,430 in 2024) Checked score 9420%
- Equity €1.6m Profit of €118,832 in 2025 (profit of €48,084 in 2024) Checked score 8011.37%
- Alsoact 08-02-2024Equity €12.2m Profit of €2.8m in 2025 (profit of €3.7m in 2024) Checked score 568.01%
Companies at the same address
10 other companies- CONCORDE INVEST Registered office · since 2018 0700486884
- TOP-CLASS INVEST Registered office · since 2018 0700492527
- EFK GLASS Registered office · since 2017 0861136702
- EFK INTERNATIONAL Registered office · since 2017 0666777109
- VELDEMAN ENERGIES Registered office · since 2011 0836061113
- SUN INVEST III Registered office · since 2010 0830665042
- SUN INVEST IV Registered office · since 2010 0829295956
- JUNIS ENERGIES Registered office · since 2009 0811333833
- SLW Registered office · since 2005 0871955962
- TOP-CLASS Registered office · since 1996 0428891636
Connections & network
3 current directorsThe network starts from the directors of CONCORDE. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-04
abbreviated format · on the deadline day
2025
30-04
abbreviated format · on the deadline day
2024
30-09
Financial
Highest result from 2019 to 2025net €653,590 ▲62.8%
The operating result of €443,996 and the net result of €653,590 are both a record.
26-07
Gazette deed
Permanent representative: Tom DenyAmendment of the articles · Capital · Registered office clause12 points ▸
Gazette deed
Permanent representative: Tom Deny
Amendment of the articles · Capital · Registered office clause12 points ▸
- General meeting, 27-06-2024
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €902,400.76
- Registered office clause, “8940 Wervik, Menensesteenweg 295” (deed in Dutch)
- Other provision, “niet bepaald” (deed in Dutch), mentioned 2 times in the deed
- Power of attorney
- Power of attorney, Filip Logghe
- Board composition, Clara Minne (director)
- Board composition, Jacques Deny (director)
- Board composition, Tom Deny (director)
- Permanent representative, Tom Deny
- Board meeting, 27-06-2024
30-04
abbreviated format · on the deadline day
2023
02-05
abbreviated format · 2 days late
24-02
Gazette deed
6 reappointedReappointments: TOP-CLASS, DENY Jacques and MINNE Clara · Permanent representative: DENY Tom9 points ▸
Gazette deed
6 reappointed
Reappointments: TOP-CLASS, DENY Jacques and MINNE Clara · Permanent representative: DENY Tom9 points ▸
- General meeting, 03-02-2023
- Board meeting, “eerste bijeenkomst onmiddellijk daaropvolgend, raad van bestuur” (deed in Dutch)
- Director reappointment, TOP-CLASS (director)
- Director reappointment, DENY Jacques (director)
- Director reappointment, MINNE Clara (director)
- Director reappointment, TOP-CLASS (managing director)
- Director reappointment, DENY Jacques (managing director)
- Director reappointment, TOP-CLASS (chair of the board)
- Permanent representative, DENY Tom
2022
31-05
abbreviated format · 31 days late
2021
20-05
abbreviated format · 20 days late
2020
30-04
abbreviated format · on the deadline day
2019
28-03
abbreviated format · 33 days before the deadline
2018
30-03
abbreviated format · 31 days before the deadline
2017
30-03
full format · 31 days before the deadline
1994
28-01
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
CONCORDE in Dutch
Enterprise number
0451.977.339
LEI code
549300JLLJWQ3KIUJ925
no longer live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
28-12-1993
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 26-07-2024 (in Dutch)Registered office and establishments
Registered office
Menensesteenweg 295, 8940 Wervik, Belgium
Establishment unit
CONCORDE, Menensesteenweg 295, 8940 Wervik since 21-03-1994 · unit number 2.066.068.920
Activities
NACEBEL 2025VAT activities
68110
Buying and selling of own real estate main activity
31009
Manufacture of furniture
68121
Development of residential building projects
68122
Development of non-residential building projects
68321
Property management for co-owned buildings (syndics)
Social security (RSZ) activities
31004
Manufacture of dining room, living room, bedroom and bathroom furniture main activity
Codes under NACEBEL 2008
VAT activities
68100
Real estate activities main activity
31099
Manufacture of furniture
41101
Real estate development
41102
Construction of residential and non-residential buildings
68321
Real estate activities
68322
Real estate activities
Social security (RSZ) activities
31091
Manufacture of furniture main activity
Codes under NACEBEL 2003
36111
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 26-07-2024 (in Dutch)
“De fabricatie, aan- en verkoop van zetels, kleinmeubelen en meubelen; De aan- en verkoop van tapijten en garnieringsartikelen en dit in cie…”
17 activities
- De fabricatie, aan- en verkoop van zetels, kleinmeubelen en meubelen
- De aan- en verkoop van tapijten en garnieringsartikelen en dit in cie ruimste zin van het woord
- Het vervoeren, ophalen, opslaan, groeperen, verdelen en behandelen van alle goederen, en dit zowel in België als in het buitenland
- A/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stelten voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- B/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen
- A/ het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- B/ het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest: ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan;. depositobanken, houders van deposito's op korte termijn, spaarkassen, hypotheekmaatschappijen en, kapitatisatieondernemingen
- C/ het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur
- D/ het waarnemen van alle bestuursopdrachten, het uitoefenen van opdrachten en functies
- E/ het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa
- F/ het verlenen van administratieve prestaties en computerservices
- G/ de aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in 't kort tussenpersoon in de handel
- H/ het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologieën en hun toepassingen
- De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
- De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
- Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp
- De vennootschap mag haar doei verwezenlijken zowel in België als in het buitenland, op alle wijzen en manieren, die zij het best geschikt zou achten
Invoicing and payment
VAT number
BE 0451.977.339
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0451.977.339
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of March at 18:00
deed of 26-07-2024 (in Dutch)Environmental permits
14 applications in Flanders since 2019 · 13 granted · 1 refused
Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging
Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
The 10 most recent of 14 applications.
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
2.3 ha
Building footprint
1.2 ha
Building volume
105,656 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33029B0426/00K000 | Flanders | 2.3 ha | 1 · 1.2 ha | 10.9 m · 3 |