Concordia MN
ActiveThe computed 12-month bankruptcy probability of Concordia MN is 7.0% (elevated). The 2025 annual accounts show negative equity (€-16k) and a net result of €-27k. Its solvency ranks better than 16% of 13061 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability100
Solvency38
Growth-
Stability67
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-37.5%
Return on assets
-62.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€-16k
Total assets
€43k
Net result
€-27k
Working capital
€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €43k
Fixed assets
€1k
Current assets
€42k
Key figures and ratios
EBITDA
€-20k
Cash flow
€-27k
Solvency
-37.5%
Current ratio
0.71
Quick ratio
0.55
Debt / equity
-3.67
ROE
167.8%
ROA
-62.9%
Interest coverage
-3.21
Debt
€60k
Debt ≤ 1 year
€60k
Staff costs
€149k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€43k
Fixed assets21/28€1k
Intangible fixed assets21€1k
Current assets29/58€42k
Stocks and contracts in progress3€10k
Stocks30/36€10k
Amounts receivable within one year40/41€26k
Trade receivables40€25k
Other amounts receivable41€885
Cash at bank and in hand54/58€6k
Deferred charges and accrued income490/1€906
Equity and liabilities
Total equity and liabilities10/49€43k
Equity10/15€-16k
Contributions10/11€11k
Profit (loss) carried forward14€-27k
Amounts payable17/49€60k
Amounts payable within one year42/48€60k
Trade debts44€29k
Suppliers440/4€29k
Taxes, remuneration and social security45€20k
Taxes450/3€4k
Remuneration and social security454/9€16k
Other amounts payable47/48€11k
Income statement
Code2025
Remuneration, social security and pensions62€149k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€447
Other operating charges640/8€6k
Gross operating margin9900€135k
Operating profit (loss)9901€-21k
Financial income75/76B€54
Recurring financial income75€54
Financial charges65/66B€6k
Recurring financial charges65€6k
Profit (loss) for the period before taxes9903€-27k
Profit (loss) for the period9904€-27k
Profit (loss) for the period to be appropriated9905€-27k
Appropriation of the result
Profit (loss) to be appropriated9906€-27k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Maasmechelen · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidslaan(E) 433630 MaasmechelenGround area
824 m²
Building footprint
188 m²
Parcel 73013D1022/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Concordia MN
since 20242.360.473.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013D1022/00A000 | Flanders | 824 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteMaasmechelen2.360.473.224
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 20,234 companies in sector 56111 we hold annual accounts for 11,312.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2024
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.