Equity
€324,227 ▼ 5.1%
CONCRED paid out €30,000 in dividends. That is 241% of the 2025 profit.
CONCRED
Lifetime
19 annual accounts with figures on one time axispeak €294,433 (2024)
€102,195▼ 65.3%
lowest -€44,977 (2009)
€12,429▼ 79.4%
peak €341,798 (2024)
€324,227▼ 5.1%
€522,234▼ 4.6%
peak 1 FTE (2009)
-not published
Board1 name since 2006
1 directorDaniël Crezée
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €294,433 to €102,195Result from €60,265 to €12,429Registered office moved from Rotselaar to Hasslet 11-03Dividend €30,000Cash from €2,588 to €20
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2007
Five of the last ten came late. The 2017 accounts came latest: 92 days after the end of the period.
Position in the sector
€324,227
More equity than 90% of companies in computer programming and consultancy. Sector median €69,065 · 21,223 companies.
Checked score
53
Fair
Financially stronger than 25% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.3 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 1.2%▲ +0.4 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.3%▲ +0.1 percentage points vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.4%▲ +0.1 percentage points vs 04-2026
06-2026: 1.3%▼ -0.1 percentage points vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 1.7%● unchanged vs 08-2026highest value
10-2026: 1.7%● unchanged vs 09-2026highest value
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.54, cash €20, halved
1 change of registered office in 24 months
1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 34% of them on solvency, 14% on liquidity, 20% on profitability and 34% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as CONCRED has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CONCRED itself is higher: 1.7% within 12 months. It rests on far more data about CONCRED than the profile alone.
Test of the method
The method was tested on the 497,448 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 10,904 companies, not a prediction for CONCRED. 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.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.6 in 2024), above the usual 1.5. Short-term debt is 34.2% and cash 0% of total assets. However, 61.7% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
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 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
1 day early
2023
42 days late
2022
57 days late
2021
11 days early
2020
8 days early
2019
73 days late
← 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 21 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 30 July (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885222889
Registered office moved from Rotselaar to Hasslet
New registered office: Hendrik Van Veldekesingel 150/187, 3500 Hasslet · Previous registered office: Steenweg op Gelrode 106, 3110 Rotselaar · General meeting of 16-12-2024 · Gazette deed
Registered office moved from Merchtem to Rotselaar
New registered office: Steenweg op Gelrode 106, 3110 Rotselaar · Previous registered office: Kattestraat 44 bus 0509, 1785 Merchtem · Reappointment: Daniël Crezée (director) · General meeting of 21-12-2023 · Gazette deed
Registered office moved to Merchtem
New registered office: Kattestraat 44 bus 0509, 1785 Merchtem · Board meeting of 01-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONCRED Hasselt | €846,460 | €102,195 | 38.3% | - |
| X 3 SYS Nieuwerkerken (Limb.) | €805,345 | €105,428 | 69.4% | - |
| GECA CONSULTING Nieuwerkerken (Limb.) | €784,516 | €97,744 | 96.2% | - |
| INNOVATO Sint-Truiden | €807,625 | €111,171 | 28.3% | - |
| ENCO Beringen | €819,484 | €110,629 | 58.9% | - |
| VIE Antwerp | €857,001 | €102,065 | 98.1% | - |
| ICT CONSULTING SERVICES Heist-op-den-Berg | €781,102 | €99,181 | 92.2% | - |
These companies have the same main activity as CONCRED: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €781,000 and €857,000, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 23-11-2006Normal situation
- Registered office
- 179 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.157.793.2093500 Hasselt, since 23-11-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- ≈ €160,000estimated
- €846,460▼ 4.8%
- Employeeson 31-12-2025
- 0
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on CONCRED
CONCRED files the micro format. That format states no turnover. The gross margin rose from €70,832 in 2007 to €102,195 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CONCRED
- What is the company number of CONCRED?
- The company number of CONCRED is 0885.222.889. The VAT number is the same number with BE in front: BE 0885.222.889.
- Where is CONCRED based?
- The registered office is at Hendrik van Veldekesingel 150/187, 3500 Hasselt.Company details
- What does CONCRED do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of CONCRED?
- CONCRED is a private limited company (BV).
- When was CONCRED founded?
- CONCRED was founded on 23-11-2006.
- Is CONCRED still active?
- Yes, CONCRED is an active enterprise in the KBO register.
- How many employees does CONCRED have?
- CONCRED had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CONCRED fall under?
- In its 2022 annual accounts, CONCRED states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of CONCRED?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €102,195 and 42 comparable companies (NACE 62200). It probably lies between €140,000 and €200,000.
- Is CONCRED profitable?
- In financial year 2025, CONCRED made a profit of €12,429.
- Where can I find the annual accounts of CONCRED?
- CONCRED filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONCRED due?
- CONCRED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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