Financials
- Financial year
- 2024
- Total assets
- €211,202
- Profit
- €36,213
- Solvency
- 17.1%
CONCRETE PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of CONCRETE PROJECTS is 5.2% (elevated). The 2024 annual accounts show equity of €36,213 and a net result of €36,213. Its solvency ranks better than 19% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001
1 site
Size
€211,202total assets 2024
- Equity
- €36,213
- Profit
- €36,213
Turnover not published (micro format)
Structure
- ORHAN ErcanDirector
2024 accounts filed 125 days late
Why 37raises risk1 financial year not filed after the legal deadline; last filed accounts filed 125 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 06-12-2025)Founded in 2023lowers riskLiquidity: current ratio 0.87, cash €55,148Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 40% of its sector peers (NACE 43, micro)
Financial strength
Average
Solvency
42
equity 17.1% of total assets
Liquidity
37
short-term debt 82.9% · cash 26.1%
Profitability
90
return on assets 17.1%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.9%lowest value
12-2024: 1.9%● unchanged vs 11-2024lowest value
01-2025: 2.0%▲ +0.1 percentage points vs 12-2024
02-2025: 2.3%▲ +0.3 percentage points vs 01-2025
03-2025: 2.4%▲ +0.1 percentage points vs 02-2025
04-2025: 2.7%▲ +0.3 percentage points vs 03-2025
05-2025: 2.7%● unchanged vs 04-2025
06-2025: 3.0%▲ +0.3 percentage points vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 2.9%▼ -0.1 percentage points vs 07-2025
09-2025: 3.2%▲ +0.3 percentage points vs 08-2025
10-2025: 3.3%▲ +0.1 percentage points vs 09-2025
11-2025: 3.3%● unchanged vs 10-2025
12-2025: 3.3%● unchanged vs 11-2025
01-2026: 2.7%▼ -0.6 percentage points vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 2.8%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%● unchanged vs 04-2026
06-2026: 2.6%▼ -0.2 percentage points vs 05-2026
07-2026: 2.8%▲ +0.2 percentage points vs 06-2026
08-2026: 3.4%▲ +0.6 percentage points vs 07-2026
09-2026: 3.8%▲ +0.4 percentage points vs 08-2026
10-2026: 5.2%▲ +1.4 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.87, below 1; short-term debt: 82.9% and cash: 26.1% of total assets), and 82.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 19% on solvency, 25% on liquidity and 76% on profitability.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 35976 sector peers (2024).
NBB · sector comparisonPosition among 35976 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2024 accounts filed 125 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-12-2025, 125 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
125 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 125 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: ORHAN Ercan (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- ORHAN ErcanDirector
Timeline
- Events
- 2
- Since
- 2023
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 24-10-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Who signs
- Each director alone
- Annual meeting
- First Monday of June at 18:00
- Purpose
- “Uitvoeren van betonwerken; Vlechten van ijzer en uitvoeren van bekistingswerken; Algemene…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about CONCRETE PROJECTS
- What is the company number of CONCRETE PROJECTS?
- 1001.561.028. In Belgium the VAT number is the company number with BE in front: BE 1001.561.028.
- Where is CONCRETE PROJECTS based?
- The registered office is at Onderwijsstraat 12, 3581 Beringen.Company details
- What does CONCRETE PROJECTS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of CONCRETE PROJECTS?
- Private limited company (BV).
- When was CONCRETE PROJECTS founded?
- On 24-10-2023.
- Is CONCRETE PROJECTS still active?
- Yes, CONCRETE PROJECTS is an active enterprise in the KBO register.
- What is the turnover of CONCRETE PROJECTS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is CONCRETE PROJECTS profitable?
- In financial year 2024, CONCRETE PROJECTS made a profit of €36,213.
- Where can I find the annual accounts of CONCRETE PROJECTS?
- CONCRETE PROJECTS filed 1 annual account with the National Bank of Belgium, for financial year 2024.
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