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Concrete

Active
Private limited company (pre-2019)founded 2008active 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.

Overview

Activity
Activity not known1 site
Size
€228,058total assets 2022
Equity
-€4.1m
Profit
€81
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
8.1%
2022 figures too old to score
Structure
Parent
Beta Invest · 74%
Accounts 982 days overdue0 of 3 deeds read
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
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
Weak
Solvency 0=
equity -1792.1% of total assets
Liquidity 0=
short-term debt 686.6% · cash 0.0%
Profitability 38+19
return on assets 0.0%
Bankruptcy probability, 12 months
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 months 11-2024: 6.1%lowest value 12-2024: 6.1%● unchanged vs 11-2024lowest value 01-2025: 6.1%● unchanged vs 12-2024lowest value 02-2025: 6.5%▲ +0.4 percentage points vs 01-2025 03-2025: 8.4%▲ +1.9 percentage points vs 02-2025highest value 04-2025: 8.4%● unchanged vs 03-2025highest value 05-2025: 8.4%● unchanged vs 04-2025highest value 06-2025: 8.4%● unchanged vs 05-2025highest value 07-2025: 8.4%● unchanged vs 06-2025highest value 08-2025: 8.4%● unchanged vs 07-2025highest value 09-2025: 8.4%● unchanged vs 08-2025highest value 10-2025: 8.4%● unchanged vs 09-2025highest value 11-2025: 8.4%● unchanged vs 10-2025highest value 12-2025: 8.4%● unchanged vs 11-2025highest value 01-2026: 8.4%● unchanged vs 12-2025highest value 02-2026: 8.1%▼ -0.3 percentage points vs 01-2026 03-2026: 8.1%● unchanged vs 02-2026 04-2026: 8.1%● unchanged vs 03-2026 05-2026: 8.1%● unchanged vs 04-2026 06-2026: 8.1%● unchanged vs 05-2026 07-2026: 8.1%● unchanged vs 06-2026 08-2026: 8.1%● unchanged vs 07-2026 09-2026: 8.1%● unchanged vs 08-2026 10-2026: 8.1%● unchanged vs 09-2026
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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2022 (filed 01-02-2023)
NBB · annual accounts
lowers risk · Size: total assets €228,058
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.15, cash €24
NBB · annual accounts
raises risk · No filing in 24 months (latest 01-02-2023)
NBB · filings
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.
NBB · 10 filings
Position against the passed deadline
30-06-2023 year end31-01-2024 deadline09-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 31-01-2023, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
on the day
2021
16 days late
2020
28 days late
2017
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

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
  1. Annual accounts filedfinancial year 2022 · abbreviated…
  2. Back to profitnet €81
  3. Annual accounts filedfinancial year 2021 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-01-2024 982 days late View
  • Risk: Negative equityfinancial year 2022: debts exceed assets -€4.1m View
  • Controlled by Beta Invest 74% View

By topic

Financials

Financial year
2022
Total assets
€228,058
Profit
€81
Solvency
-1792.1%
Total assets=
Net result
20202022
Go to Financials

Timeline

Events
13
Since
2011
  1. 30-06-2021Weakest financial year
  2. 28-02-2021Annual accounts filed
  3. 31-01-2018Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
14-11-2008
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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