CONCRETE
Open bankruptcyA bankruptcy procedure is open for CONCRETE according to publications in the Belgian State Gazette; curator: FRANCIS VOLCKAERT.
Summary
The 2022 annual accounts show negative equity (-€53,800) and a net result of €7,036.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 25 March 2024
- Supervising judge
- Peter Simons
- Official Gazette
- 29-03-2024 (pdf) ↗search the document for 2024/113220
Deadlines
- Provisional date payments stopped
- 25 March 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 13 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 April 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 May 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 25 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Francis VolckaertElisabethlaan 25 Bus 1, 8400 Oostendeinfo@volckaert-advocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-06-2023, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
52 d early
2021
31 d late
2020
3 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Buying and selling of own real estate sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€53,800▲ 11.6%
2021 · -€60,836
Total assets
€133,444▼ 25.7%
2021 · €179,592
Net result
€7,036
2021 · -€21,970
Working capital
-€68,713▲ 11.5%
2021 · -€77,604
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€9,516-€6,710▼ 29.5%€4,989▼ 25.7%-€16,054€10,535
Net result€8,291-€5,052▼ 39.1%€2,358within the sector's middle half▼ 53.3%-€21,970below the sector's middle half€7,036within the sector's middle half
Equity-€46,276--€41,224▲ 10.9%-€38,866below the sector's middle half▲ 5.7%-€60,836below the sector's middle half▼ 56.5%-€53,800below the sector's middle half▲ 11.6%
Total assets€96,499-€134,898▲ 39.8%€110,830below the sector's middle half▼ 17.8%€179,592within the sector's middle half▲ 62.0%€133,444below the sector's middle half▼ 25.7%
Debt€142,776-€176,122▲ 23.4%€149,696▼ 15.0%€240,428▲ 60.6%€187,244▼ 22.1%
Working capital-€61,403--€65,457▼ 6.6%-€60,009within the sector's middle half▲ 8.3%-€77,604below the sector's middle half▼ 29.3%-€68,713below the sector's middle half▲ 11.5%
Solvency-48.0%--30.6%▲ 17.4pp-35.1%below the sector's middle half▼ 4.5pp-33.9%below the sector's middle half▲ 1.2pp-40.3%below the sector's middle half▼ 6.4pp
Current ratio0.57-0.59▲ 0.020.56within the sector's middle half▼ 0.020.67within the sector's middle half▲ 0.110.63within the sector's middle half▼ 0.04
Return on assets (ROA)8.6%-3.7%▼ 4.8pp2.1%within the sector's middle half▼ 1.6pp-12.2%below the sector's middle half▼ 14.4pp5.3%within the sector's middle half▲ 17.5pp
Staff (FTE)1-1=1within the sector's middle half=1=1=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €10,535 after a loss of €16,054 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €133,444
Fixed assets
€17,563 ▼ 29.0%
Current assets
€115,880 ▼ 25.2%
Key figures and ratios
EBITDA
€18,781▲
2021 · -€6,194
Cash flow
€15,282▲
2021 · -€12,110
Quick ratio
0.17▼
2021 · 0.25
Debt to equity
-3.48▲
2021 · -3.95
Interest coverage
5.31▲
2021 · -1.72
Debt ≤ 1 year
€184,594▼
2021 · €232,444
Debt > 1 year
€2,650▼
2021 · €7,873
Income taxes
€219▼
2021 · €2,421
Staff costs
€44,005▲
2021 · €41,552
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €41,552 | €44,005 | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,952 | €7,091 | €10,064 | €9,860 | €8,246 | ▼ 16.4% |
| Other operating charges640/8 | - | - | - | €3,141 | €4,177 | ▲ 33.0% |
| Gross operating margin9900 | €63,815 | €55,700 | €54,865 | €38,499 | €66,963 | ▲ 73.9% |
| Operating profit (loss)9901 | €9,516 | €6,710 | €4,989 | -€16,054 | €10,535 | ▲ 166% |
| Financial income75/76B | - | - | - | €106 | €260 | ▲ 145% |
| Recurring financial income75 | €3 | €386 | €16 | €106 | €260 | ▲ 145% |
| Financial charges65/66B | - | - | - | €3,601 | €3,540 | ▼ 1.7% |
| Recurring financial charges65 | €991 | €1,810 | €2,454 | €3,601 | €3,540 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €8,529 | €5,286 | €2,551 | -€19,549 | €7,255 | ▲ 137% |
| Income taxes67/77 | €238 | €234 | €193 | €2,421 | €219 | ▼ 91.0% |
| Profit (loss) for the period9904 | €8,291 | €5,052 | €2,358 | -€21,970 | €7,036 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €8,291 | €5,052 | €2,358 | -€21,970 | €7,036 | ▲ 132% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,499 | €134,898 | €110,830 | €179,592 | €133,444 | ▼ 25.7% |
| Fixed assets21/28 | €15,865 | €42,256 | €34,140 | €24,752 | €17,563 | ▼ 29.0% |
| Tangible fixed assets22/27 | €13,312 | €39,703 | €32,677 | €23,290 | €16,101 | ▼ 30.9% |
| Plant, machinery and equipment23 | - | - | - | €2,488 | €2,403 | ▼ 3.4% |
| Furniture and vehicles24 | - | - | - | €20,802 | €13,698 | ▼ 34.2% |
| Financial fixed assets28 | €2,553 | €2,553 | €1,463 | €1,463 | €1,463 | = |
| Current assets29/58 | €80,635 | €92,643 | €76,691 | €154,840 | €115,880 | ▼ 25.2% |
| Stocks and contracts in progress3 | €7,568 | €15,883 | €18,313 | €97,253 | €85,414 | ▼ 12.2% |
| Stocks30/36 | - | - | - | €24,172 | €23,658 | ▼ 2.1% |
| Contracts in progress37 | - | - | - | €73,080 | €61,755 | ▼ 15.5% |
| Amounts receivable within one year40/41 | €67,544 | €53,150 | €37,241 | €56,447 | €28,950 | ▼ 48.7% |
| Trade receivables40 | - | - | - | €49,455 | €20,188 | ▼ 59.2% |
| Other amounts receivable41 | - | - | - | €6,992 | €8,761 | ▲ 25.3% |
| Cash at bank and in hand54/58 | €3,417 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,140 | €1,517 | ▲ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,499 | €134,898 | €110,830 | €179,592 | €133,444 | ▼ 25.7% |
| Equity10/15 | -€46,276 | -€41,224 | -€38,866 | -€60,836 | -€53,800 | ▲ 11.6% |
| Contributions10/11 | €43,400 | €43,400 | - | €43,400 | €43,400 | = |
| Reserves13 | €4,340 | €4,340 | €4,340 | €4,340 | €4,340 | = |
| Non-distributable reserves130/1 | - | - | - | €4,340 | €4,340 | = |
| Reserves not available under the articles1311 | - | - | - | €4,340 | €4,340 | = |
| Profit (loss) carried forward14 | -€94,016 | -€88,964 | -€86,606 | -€108,576 | -€101,540 | ▲ 6.5% |
| Amounts payable17/49 | €142,776 | €176,122 | €149,696 | €240,428 | €187,244 | ▼ 22.1% |
| Amounts payable after more than one year17 | - | €18,023 | €12,997 | €7,873 | €2,650 | ▼ 66.3% |
| Financial debts170/4 | - | - | - | €7,873 | €2,650 | ▼ 66.3% |
| Amounts payable within one year42/48 | €142,038 | €158,100 | €136,700 | €232,444 | €184,594 | ▼ 20.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,124 | €5,223 | ▲ 1.9% |
| Financial debts43 | - | - | - | €23,985 | €23,964 | ▼ 0.1% |
| Credit institutions430/8 | - | - | - | €23,985 | €23,964 | ▼ 0.1% |
| Trade debts44 | €20,780 | €45,628 | €34,382 | €87,238 | €41,483 | ▼ 52.4% |
| Suppliers440/4 | - | - | - | €87,238 | €41,483 | ▼ 52.4% |
| Taxes, remuneration and social security45 | - | - | - | €9,303 | €423 | ▼ 95.5% |
| Taxes450/3 | - | - | - | €609 | €423 | ▼ 30.6% |
| Remuneration and social security454/9 | - | - | - | €8,694 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €106,795 | €113,500 | ▲ 6.3% |
| Accrued charges and deferred income492/3 | - | - | - | €111 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,291 | €5,052 | €2,358 | -€21,970 | €7,036 | ▲ 132% |
| + Depreciation and write-downs630 | €13,952 | €7,091 | €10,064 | €9,860 | €8,246 | ▼ 16.4% |
| Operating cash flow (approximation) | €22,244 | €12,143 | €12,421 | -€12,110 | €15,282 | ▲ 226% |
| Investment in fixed assets (approximation) | - | -€33,482 | -€1,948 | -€473 | -€1,057 | ▼ 124% |
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
2024
29-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 25-03-2024
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7,036
Net result €7,036 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€21,970
Net result drops to -€21,970, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
12-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 12 days late
SignalFinancial 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, Ichtegem · 1 establishment unit since 2001
Ground area
952 m²
Building footprint
209 m²
Volume, LiDAR
666 m³
Parcel 35006A0633/00B008, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Concrete BVBA
since 20012.093.091.239
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006A0633/00B008 | Flanders | 952 m² | 1 · 209 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCIS VOLCKAERT ELISABETHLAAN 25 BUS 1,
8400 OOSTENDE |
25-03-2024 → present |
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 1,874 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 (pre-2019)
Founded07-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
41001General construction of residential buildings
43120Site preparation
Contact
E-mail
info@concretebv.be
Phone
059/514205
Fax
059/516141
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.