Checked.be · Company dossierhttps://checked.be/en/c/concrete-0807775022 · as of 09-10-2026
Concrete
Active
Private limited company (pre-2019) · founded 2008 · active for 17 yearsPlatanendreef 8, 8200 Brugge, BelgiumKBO/BCE: BE 0807.775.022
Summary
The computed 12-month bankruptcy probability of Concrete is 8.1% (elevated). For Concrete, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€4.1m) and a net result of €81. Equity remains stable across the filed financial years (±0.2% per year). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2022 (filed 01-02-2023)Liquidity: current ratio 0.15, cash €24No filing in 24 months (latest 01-02-2023)Two or more financial years not filedlowers riskSize: total assets €228,058neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -1792.1% of total assets
Liquidity0=
short-term debt 686.6% · cash 0.0%
Profitability38+19
return on assets 0.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
8.1%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 6.1%lowest value12-2024: 6.1%● unchanged vs 11-2024lowest value01-2025: 6.1%● unchanged vs 12-2024lowest value02-2025: 6.5%▲ +0.4 percentage points vs 01-202503-2025: 8.4%▲ +1.9 percentage points vs 02-2025highest value04-2025: 8.4%● unchanged vs 03-2025highest value05-2025: 8.4%● unchanged vs 04-2025highest value06-2025: 8.4%● unchanged vs 05-2025highest value07-2025: 8.4%● unchanged vs 06-2025highest value08-2025: 8.4%● unchanged vs 07-2025highest value09-2025: 8.4%● unchanged vs 08-2025highest value10-2025: 8.4%● unchanged vs 09-2025highest value11-2025: 8.4%● unchanged vs 10-2025highest value12-2025: 8.4%● unchanged vs 11-2025highest value01-2026: 8.4%● unchanged vs 12-2025highest value02-2026: 8.1%▼ -0.3 percentage points vs 01-202603-2026: 8.1%● unchanged vs 02-202604-2026: 8.1%● unchanged vs 03-202605-2026: 8.1%● unchanged vs 04-202606-2026: 8.1%● unchanged vs 05-202607-2026: 8.1%● unchanged vs 06-202608-2026: 8.1%● unchanged vs 07-202609-2026: 8.1%● unchanged vs 08-202610-2026: 8.1%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 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.
This company filed its last 4 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
○
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2022 · abbreviated…
Back to profitnet €81
Annual accounts filedfinancial year 2021 · abbreviated…
Key points
Risk: Accounts not fileddeadline was 31-01-2024982 days lateView
Risk: Negative equityfinancial year 2022: debts exceed assets-€4.1mView