CONCRET CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CONCRET CONSTRUCT according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-09-2020, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€60k▲ 41.9%
2018 · €42k
2018: €42k
2018 → 2019
Total assets
€80k▲ 8.9%
2018 · €73k
2018: €73k
2018 → 2019
Net result
€18k▲ 30.2%
2018 · €14k
2018: €14k
2018 → 2019
Working capital
€55k▲ 31.6%
2018 · €42k
2018: €42k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€42k-€60k▲ 41.9%
Operating result€17k-€23k▲ 38.0%
Net result€14k-€18k▲ 30.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 38% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €80k
Fixed assets
€5k▼ 25.1%
Current assets
€75k▲ 12.4%
Equity and liabilities €80k
Equity
€60k▲ 41.9%
Debt
€20k▼ 36.2%
The debt ratio falls from 42.3% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2018 · €21k
Cash flow
€22k▲
2018 · €18k
Solvency
75.2%▲
2018 · 57.7%
Current ratio
3.78▲
2018 · 2.69
Quick ratio
3.78▲
2018 · 2.69
ROE
29.5%▼
2018 · 32.2%
ROA
22.2%▲
2018 · 18.6%
Debt
€20k▼
2018 · €31k
Debt ≤ 1 year
€20k▼
2018 · €25k
Income taxes
€5k▲
2018 · €4k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€73k€80k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Current assets29/58€66k€75k▲
Amounts receivable within one year40/41€63k€65k▲
Cash at bank and in hand54/58€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€73k€80k▲
Equity10/15€42k€60k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€34k€52k▲
Amounts payable17/49€31k€20k▼
Amounts payable after more than one year17€6k-
Amounts payable within one year42/48€25k€20k▼
Trade debts44€15k€13k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Gross operating margin9900€22k€30k▲
Operating profit (loss)9901€17k€23k▲
Recurring financial income75€1k€3k▲
Recurring financial charges65€890€4k▲
Profit (loss) for the period before taxes9903€17k€23k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€18k▲
Profit (loss) for the period to be appropriated9905€14k€18k▲
Timeline · acts, filings and financial milestones
2022
03-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CONCRET CONSTRUCT BV THEODORE VERHAEGENSTRAAT 196-, 1060 SINT-GILLIS · event 26-04-2022
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 84 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
26-04-2022 → present |