Concrenetics
ActiveSummary
Concrenetics has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4k) and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 563 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▼-13
Solvency21▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.25 against 1.9 in 2023; short-term debt: 40.6% and cash: 21% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-3.7%
Return on assets
14.7%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 563 sector peers (2024).
NBB · sector comparisonPosition among 563 sector peers
Solvency
better than 10%
← weakest
strongest →
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 19-06-2025, 42 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
54 d early
2022
6 d early
2021
30 d early
2020
36 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€-4k▲ 80.0%
2023 · €-22k
Total assets
€123k▼ 38.4%
2023 · €199k
Net result
€18k▼ 72.5%
2023 · €65k
Working capital
€12k▼ 80.0%
2023 · €61k
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
Line20202021202220232024
Operating result€12k€-65k€-27k▲ 57.6%€73k€20k▼ 72.0%
Net result€7k€-74k€-32k▲ 56.5%€65k€18k▼ 72.5%
Equity€19k▲ 53.6%€-56k€-88k▼ 58.3%€-22k▲ 74.4%€-4k▲ 80.0%
Total assets€390k▲ 34.4%€213k▼ 45.6%€149k▼ 29.9%€199k▲ 33.7%€123k▼ 38.4%
Debt€372k▲ 33.5%€268k▼ 27.9%€237k▼ 11.7%€222k▼ 6.4%€127k▼ 42.6%
Working capital€-50k▲ 0.4%€-28k▲ 43.5%€-34k▼ 20.4%€61k€12k▼ 80.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €123k
Fixed assets
€61k ▼ 13.0%
Current assets
€62k ▼ 52.0%
Key figures and ratios
EBITDA
€76k▼
2023 · €123k
Cash flow
€73k▼
2023 · €115k
Solvency
-3.7%▲
2023 · -11.3%
Current ratio
1.25▼
2023 · 1.90
Debt to equity
-28.31▼
2023 · -9.85
ROA
14.7%▼
2023 · 32.8%
Interest coverage
31.94▲
2023 · 16.63
Debt ≤ 1 year
€50k▼
2023 · €68k
Debt > 1 year
€77k▼
2023 · €153k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €48k | €49k | €50k | €55k | ▲ 10.8% |
| Other operating charges640/8 | - | €468 | €469 | €516 | €528 | ▲ 2.3% |
| Gross operating margin9900 | €44k | €-16k | €22k | €123k | €76k | ▼ 38.2% |
| Operating profit (loss)9901 | €12k | €-65k | €-27k | €73k | €20k | ▼ 72.0% |
| Financial charges65/66B | - | €10k | €5k | €7k | €2k | ▼ 67.9% |
| Recurring financial charges65 | €5k | €10k | €5k | €7k | €2k | ▼ 67.9% |
| Profit (loss) for the period before taxes9903 | €7k | €-74k | €-32k | €65k | €18k | ▼ 72.5% |
| Profit (loss) for the period9904 | €7k | €-74k | €-32k | €65k | €18k | ▼ 72.5% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-74k | €-32k | €65k | €18k | ▼ 72.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €390k | €213k | €149k | €199k | €123k | ▼ 38.4% |
| Fixed assets21/28 | €209k | €162k | €115k | €70k | €61k | ▼ 13.0% |
| Tangible fixed assets22/27 | €209k | €162k | €115k | €70k | €61k | ▼ 13.0% |
| Plant, machinery and equipment23 | - | €162k | €115k | €70k | €61k | ▼ 13.0% |
| Current assets29/58 | €182k | €51k | €34k | €129k | €62k | ▼ 52.0% |
| Stocks and contracts in progress3 | €118k | €0 | - | - | - | - |
| Contracts in progress37 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €37k | €27k | €26k | €117k | €36k | ▼ 69.0% |
| Trade receivables40 | - | €14k | €22k | €117k | €36k | ▼ 69.3% |
| Other amounts receivable41 | - | €13k | €3k | €0 | €333 | - |
| Cash at bank and in hand54/58 | €27k | €24k | €9k | €12k | €26k | ▲ 112% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €390k | €213k | €149k | €199k | €123k | ▼ 38.4% |
| Equity10/15 | €19k | €-56k | €-88k | €-22k | €-4k | ▲ 80.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €329 | €-74k | €-106k | €-41k | €-23k | ▲ 43.8% |
| Amounts payable17/49 | €372k | €268k | €237k | €222k | €127k | ▼ 42.6% |
| Amounts payable after more than one year17 | €140k | €189k | €169k | €153k | €77k | ▼ 49.6% |
| Financial debts170/4 | - | €189k | €169k | €153k | €77k | ▼ 49.6% |
| Amounts payable within one year42/48 | €232k | €79k | €68k | €68k | €50k | ▼ 26.9% |
| Current portion of amounts payable after more than one year42 | - | €68k | €68k | €55k | €49k | ▼ 11.8% |
| Financial debts43 | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - | - |
| Trade debts44 | - | €11k | €0 | €736 | €1k | ▲ 78.2% |
| Suppliers440/4 | - | €11k | €0 | €736 | €1k | ▲ 78.2% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €0 | €297 | €12k | €0 | ▼ 100% |
| Taxes450/3 | - | €0 | €297 | €12k | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-74k | €-32k | €65k | €18k | ▼ 72.5% |
| + Depreciation and write-downs630 | €32k | €48k | €49k | €50k | €55k | ▲ 10.8% |
| Operating cash flow (approximation) | €39k | €-26k | €16k | €115k | €73k | ▼ 36.4% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-5k | €-46k | ▼ 853% |
| Change in cash | - | €-3k | €-15k | €4k | €14k | ▲ 282% |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €65k
Net result €65k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.90
Current ratio from 0.50 to 1.90; short-term debt falls from €68k to €68k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Tournai · 1 establishment unit since 2018
Ground area
2.4 ha
Building footprint
7,404 m²
Volume, LiDAR
70,160 m³
2 parcels, Wallonia · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Concrenetics
since 20182.273.469.865
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031A0016/00P002 | Wallonia | 1.6 ha | 1 · 4,659 m² | 15.1 m · 3 fl. |
| 57008D0179/00A002 | Wallonia | 8,424 m² | 1 · 2,745 m² | 11.7 m · 4 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.
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Of 1,235 companies in sector 74140 we hold annual accounts for 353. 240 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
74140Other specialised design activities
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.