CONCORDIA PEER
ActiveCONCORDIA PEER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €143k and a net result of €33k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 18939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+13
Solvency66▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.36 in 2023; short-term debt: 29.8% and cash: 10.9% of total assets), and 58.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
5 d early
2022
39 d early
2021
33 d early
2020
24 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€143k▲ 30.3%
2023 · €110k
2018: €91k
2019: €97k
2020: €97k
2021: €84k
2022: €88k
2023: €110k
2018 → 2024
Total assets
€346k▲ 0.6%
2023 · €344k
2018: €472k
2019: €450k
2020: €420k
2021: €390k
2022: €366k
2023: €344k
2018 → 2024
Net result
€33k▲ 49.8%
2023 · €22k
2018: €9k
2019: €5k
2020: €239
2021: €-13k
2022: €3k
2023: €22k
2018 → 2024
Working capital
€-53k▲ 4.4%
2023 · €-55k
2018: €-12k
2019: €-23k
2020: €-34k
2021: €-47k
2022: €-39k
2023: €-55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€97k-€84k▼ 13.1%€88k▲ 4.1%€110k▲ 25.4%€143k▲ 30.3%
Operating result€17k-€810▼ 95.4%€16k▲ 1,830%€41k▲ 164%€59k▲ 43.1%
Net result€239-€-13k€3k€22k▲ 541%€33k▲ 49.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 43% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets
€296k▼ 5.4%
Current assets
€50k▲ 59.3%
Equity and liabilities €346k
Equity
€143k▲ 30.3%
Debt
€203k▼ 13.4%
The debt ratio falls from 68.0% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2023 · €62k
Cash flow
€54k▲
2023 · €43k
Solvency
41.4%▲
2023 · 32.0%
Current ratio
0.49▲
2023 · 0.36
Quick ratio
0.49▲
2023 · 0.36
Debt / equity
1.41▼
2023 · 2.13
ROE
23.3%▲
2023 · 20.3%
ROA
9.6%▲
2023 · 6.5%
Interest coverage
9.74▲
2023 · 4.98
Debt
€203k▼
2023 · €234k
Debt ≤ 1 year
€103k▲
2023 · €87k
Debt > 1 year
€100k▼
2023 · €147k
Income taxes
€18k▲
2023 · €7k
Staff costs
€16k▼
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€344k€346k▲
Fixed assets21/28€313k€296k▼
Tangible fixed assets22/27€313k€296k▼
Land and buildings22€306k€292k▼
Plant, machinery and equipment23€1k€452▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€60-
Current assets29/58€32k€50k▲
Amounts receivable within one year40/41€6k€12k▲
Trade receivables40€4k€9k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€23k€38k▲
Deferred charges and accrued income490/1€2k€770▼
Equity and liabilities
Total equity and liabilities10/49€344k€346k▲
Equity10/15€110k€143k▲
Contributions10/11€19k€19k=
Reserves13€91k€125k▲
Distributable reserves133€91k€125k▲
Amounts payable17/49€234k€203k▼
Amounts payable after more than one year17€147k€100k▼
Financial debts170/4€147k€100k▼
Amounts payable within one year42/48€87k€103k▲
Current portion of amounts payable after more than one year42€57k€61k▲
Trade debts44€12k€20k▲
Suppliers440/4€12k€20k▲
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€12k€12k▲
Accrued charges and deferred income492/3€381-
Income statement
Code20232024
Non-recurring operating income76A€27k-
Remuneration, social security and pensions62€20k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€6k€6k▲
Non-recurring operating charges66A€93-
Gross operating margin9900€88k€102k▲
Operating profit (loss)9901€41k€59k▲
Financial income75/76B€112€59▼
Recurring financial income75€112€59▼
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€29k€51k▲
Income taxes67/77€7k€18k▲
Profit (loss) for the period9904€22k€33k▲
Profit (loss) for the period to be appropriated9905€22k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€33k▼
Profit (loss) brought forward from the previous period14P€49k-
Transfer to equity691/2€71k€33k▼
To the legal reserve6920-€33k
To other reserves6921€71k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €33k ▲49.8%
Operating result €59k, net result €33k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲25.4%
2 profitable years in a row build equity to €110k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k ▼5433%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Peer · 1 establishment unit since 2007
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.
Wittesteenstraat 273990 PeerGround area
5,030 m²
Building footprint
1,061 m²
Volume, LiDAR
3,407 m³
Parcel 72030F0386/00Y000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Concordia Peer
since 20072.158.291.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030F0386/00Y000 | Flanders | 5,030 m² | 1 · 1,061 m² | 6.8 m · 1 fl. |
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 sitePeer2.158.291.966
Similar companies · same sector, comparable size
NATHA ONE
BE 0876.420.536
Geer · Eq €143k
DIAFA
BE 0462.944.673
Brussel · Eq €143k
TOMMY
BE 1017.836.143
Jalhay · Eq €143k
Patos
BE 0671.453.301
Antwerpen · Eq €143k
JAX
BE 0783.274.901
Brugge · Eq €144k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 7,332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2006
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.