CONCORDIMMO
ActiveSummary
For CONCORDIMMO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €10,975 and a net result of €73,684. Equity is shrinking by ~17.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability53▲+53
Solvency26▲+14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · 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 2023Solvency, return and age of the figures
Solvency
0.6%
Return on assets
3.9%
Age of the figures
36 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 13-04-2026, 713 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
713 d late
2022
46 d late
2020
5 d early
2019
357 d late
2018
723 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 367 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€73,684
2022 · -€86,149
Working capital
€215,906
2022 · -€167,654
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020222023
Operating result€10,573-€8,274▼ 21.7%-€1,220-€80,305-€226,403
Net result€3,586-€5,655▲ 57.7%-€13,080-€86,149-€73,684
Equity€30,865-€36,520▲ 18.3%€23,440▼ 35.8%-€62,709-€10,975
Total assets€124,736-€118,835▼ 4.7%€113,032▼ 4.9%€494,544-€1.9m▲ 284%
Debt€93,871-€82,315▼ 12.3%€86,164▲ 4.7%€557,253-€1.8m▲ 224%
Working capital-€93,766--€82,291▲ 12.2%-€86,122▼ 4.7%-€167,654-€215,906
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €226,403 after a loss of €80,305 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.6m ▲ 228%
Current assets
€321,651 ▲ 2,356%
Equity and liabilities €1.9m
Equity
€10,975
Provisions
€80,536
Debt
€1.8m
Debt finances 95.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€256,062▲
2022 · -€66,166
Cash flow
€103,343▲
2022 · -€72,010
Current ratio
3.04▲
2022 · 0.07
ROE
671.4%
ROA
3.9%▲
2022 · -17.4%
Interest coverage
3.55▲
2022 · -11.23
Debt ≤ 1 year
€105,746▼
2022 · €180,753
Debt > 1 year
€1.7m▲
2022 · €370,000
A ratio outside any meaningful range has been withheld (balance sheet total €1.9m, equity €10,975).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €339,024 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,820 | €5,820 | €5,820 | €14,139 | €29,659 | ▲ 110% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€3,428 | - | - |
| Other operating charges640/8 | - | - | - | €15,705 | €16,151 | ▲ 2.8% |
| Gross operating margin9900 | €19,057 | €16,755 | €11,215 | -€53,889 | €272,213 | ▲ 605% |
| Operating profit (loss)9901 | €10,573 | €8,274 | -€1,220 | -€80,305 | €226,403 | ▲ 382% |
| Financial income75/76B | - | - | - | €49 | - | - |
| Recurring financial income75 | €2,243 | €0 | €0 | €49 | - | - |
| Financial charges65/66B | - | - | - | €5,893 | €72,183 | ▲ 1,125% |
| Recurring financial charges65 | €15 | €10 | €50 | €5,893 | €72,183 | ▲ 1,125% |
| Profit (loss) for the period before taxes9903 | €12,801 | €8,264 | -€1,270 | -€86,149 | €154,220 | ▲ 279% |
| Transfer to deferred taxes680 | - | - | - | - | €80,536 | - |
| Income taxes67/77 | €9,215 | €2,610 | €11,810 | - | - | - |
| Profit (loss) for the period9904 | €3,586 | €5,655 | -€13,080 | -€86,149 | €73,684 | ▲ 186% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €241,608 | - |
| Profit (loss) for the period to be appropriated9905 | €3,586 | €5,655 | -€13,080 | -€86,149 | -€167,925 | ▼ 94.9% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €124,736 | €118,835 | €113,032 | €494,544 | €1.9m | ▲ 284% |
| Fixed assets21/28 | €124,631 | €118,811 | €112,990 | €481,445 | €1.6m | ▲ 228% |
| Tangible fixed assets22/27 | €124,631 | €118,811 | €112,990 | €481,445 | €828,105 | ▲ 72.0% |
| Land and buildings22 | - | - | - | €481,445 | €828,105 | ▲ 72.0% |
| Financial fixed assets28 | - | - | - | - | €750,000 | - |
| Current assets29/58 | €106 | €25 | €42 | €13,099 | €321,651 | ▲ 2,356% |
| Amounts receivable within one year40/41 | - | - | - | €12,239 | €237,254 | ▲ 1,839% |
| Trade receivables40 | - | - | - | - | €861 | - |
| Other amounts receivable41 | - | - | - | €12,239 | €236,393 | ▲ 1,832% |
| Cash at bank and in hand54/58 | €106 | €25 | €42 | €575 | €30 | ▼ 94.8% |
| Deferred charges and accrued income490/1 | - | - | - | €285 | €84,367 | ▲ 29,545% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €124,736 | €118,835 | €113,032 | €494,544 | €1.9m | ▲ 284% |
| Equity10/15 | €30,865 | €36,520 | €23,440 | -€62,709 | €10,975 | ▲ 118% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €12,400 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €243,467 | ▲ 12,995% |
| Tax-exempt reserves132 | - | - | - | - | €241,608 | - |
| Distributable reserves133 | - | - | - | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €16,606 | €22,261 | €9,181 | -€76,968 | -€244,893 | ▼ 218% |
| Provisions and deferred taxes16 | - | - | €3,428 | - | €80,536 | - |
| Deferred taxes168 | - | - | - | - | €80,536 | - |
| Amounts payable17/49 | €93,871 | €82,315 | €86,164 | €557,253 | €1.8m | ▲ 224% |
| Amounts payable after more than one year17 | - | - | - | €370,000 | €1.7m | ▲ 359% |
| Financial debts170/4 | - | - | - | €370,000 | €1.7m | ▲ 359% |
| Amounts payable within one year42/48 | €93,871 | €82,315 | €86,164 | €180,753 | €105,746 | ▼ 41.5% |
| Financial debts43 | - | - | - | - | €9,904 | - |
| Credit institutions430/8 | - | - | - | - | €9,904 | - |
| Trade debts44 | €11,169 | €15,595 | €14,734 | €33,409 | €33,795 | ▲ 1.2% |
| Suppliers440/4 | - | - | - | €33,409 | €33,795 | ▲ 1.2% |
| Other amounts payable47/48 | - | - | - | €147,344 | €62,047 | ▼ 57.9% |
| Accrued charges and deferred income492/3 | - | - | - | €6,500 | €3,500 | ▼ 46.2% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,586 | €5,655 | -€13,080 | -€86,149 | €73,684 | ▲ 186% |
| + Depreciation and write-downs630 | €5,820 | €5,820 | €5,820 | €14,139 | €29,659 | ▲ 110% |
| Operating cash flow (approximation) | €9,407 | €11,475 | -€7,259 | -€72,010 | €103,343 | ▲ 244% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | -€1.1m | - |
| Change in cash | - | -€81 | €17 | - | -€545 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 713 days late
2023
30-09
Financial
Back to profitnet €73,684
Net result €73,684 after 2 loss-making years.
30-09
Financial
Liquidity times 42current ratio 3.04
Current ratio from 0.07 to 3.04; short-term debt falls from €180,753 to €105,746.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
30-09
Financial
Weakest financial yearnet -€86,149
Net result drops to -€86,149, the lowest in the series; recovery starts the following year.
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 357 days late
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 723 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 326 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 691 days late
2015
29-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 90 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Verviers · 1 establishment unit since 1999
Ground area
376 m²
Building footprint
248 m²
Volume, LiDAR
3,622 m³
2 parcels, Wallonia · tallest building 21.0 m, ±7 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Rue de la Concorde 5, 4800 Verviers
since 19992.091.499.647
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A0184/00L000 | Wallonia | 298 m² | 1 · 165 m² | 14.8 m · 4 fl. |
| 63079A1411/00H004 | Wallonia | 77 m² | 1 · 83 m² | 21.0 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-1998
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464473612
Also
9925:BE0464473612
Registered
28-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.