Concrete Records
ActiveConcrete Records has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114k and a net result of €67k. Equity is growing by ~55.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency7▼-22
Growth78▲+46
Stability94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.45 against 1.51 in 2024), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.3%
Return on assets
6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 343 sector peers (2025).
NBB · sector comparisonPosition among 343 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 3 filingsDeviation from the deadline
2025
20 d late
2024
2 d early
2023
2 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▲ 133%
2024 · €49k
2023: €54k
2024: €49k
2023 → 2025
Total assets
€1.10M▲ 108%
2024 · €530k
2023: €84k
2024: €530k
2023 → 2025
Net result
€67k▲ 85.1%
2024 · €36k
2023: €50k
2024: €36k
2023 → 2025
Working capital
€-54k
2024 · €40k
2023: €12k
2024: €40k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€54k-€49k▼ 9.2%€114k▲ 133%
Operating result€67k-€50k▼ 24.7%€109k▲ 115%
Net result€50k-€36k▼ 28.5%€67k▲ 85.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 115% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€1.06M▲ 158%
Current assets
€45k▼ 62.6%
Equity and liabilities €1.10M
Equity
€114k▲ 133%
Debt
€989k▲ 106%
The debt ratio falls from 90.8% to 89.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€156k▲
2024 · €64k
Cash flow
€115k▲
2024 · €49k
Solvency
10.3%▲
2024 · 9.2%
Current ratio
0.45▼
2024 · 1.51
Quick ratio
0.45▼
2024 · 1.51
Debt / equity
8.68▼
2024 · 9.83
ROE
58.6%▼
2024 · 73.7%
ROA
6.0%▼
2024 · 6.8%
Interest coverage
6.79▼
2024 · 10.36
Debt
€989k▲
2024 · €481k
Debt ≤ 1 year
€99k▲
2024 · €79k
Debt > 1 year
€888k▲
2024 · €398k
Income taxes
€19k▲
2024 · €8k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€530k€1.10M▲
Fixed assets21/28€411k€1.06M▲
Tangible fixed assets22/27€411k€1.06M▲
Land and buildings22€367k€566k▲
Furniture and vehicles24€20k€16k▼
Other tangible fixed assets26€24k€21k▼
Assets under construction and advance payments27-€456k
Current assets29/58€119k€45k▼
Amounts receivable within one year40/41€47k€5k▼
Trade receivables40€44k€1k▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€70k€35k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€530k€1.10M▲
Equity10/15€49k€114k▲
Contributions10/11€5k€5k=
Reserves13€44k€109k▲
Distributable reserves133€44k€109k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€481k€989k▲
Amounts payable after more than one year17€398k€888k▲
Financial debts170/4€398k€888k▲
Amounts payable within one year42/48€79k€99k▲
Current portion of amounts payable after more than one year42€21k€46k▲
Trade debts44€12k€15k▲
Suppliers440/4€12k€15k▲
Taxes, remuneration and social security45€41k€37k▼
Taxes450/3€37k€37k=
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€4k€2k▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€48k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€66k€160k▲
Operating profit (loss)9901€50k€109k▲
Financial income75/76B€141€194▲
Recurring financial income75€141€194▲
Financial charges65/66B€6k€23k▲
Recurring financial charges65€6k€23k▲
Profit (loss) for the period before taxes9903€44k€86k▲
Income taxes67/77€8k€19k▲
Profit (loss) for the period9904€36k€67k▲
Profit (loss) for the period to be appropriated9905€36k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€67k▲
Transfer from equity791/2€5k€0▼
Transfer to equity691/2-€65k
To other reserves6921-€65k
Profit to be distributed694/7€41k€2k▼
Return on contributions (dividend)694€41k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Highest result since 2023net €67k ▲85.1%
Operating result €109k, net result €67k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲133%
3 profitable years in a row build equity to €114k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €36k ▼28.5%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hasselt · 2 establishment units since 2023
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.
Bokrijkstraat 13500 HasseltGround area
2.9 ha
Building footprint
3,348 m²
Volume, LiDAR
20,494 m³
2 parcels, Flanders · tallest building 24.8 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Concrete Records
since 20232.340.500.429
Concrete Records
since 20242.366.560.369
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00H034 | Flanders | 2.8 ha | 1 · 3,145 m² | 7.2 m · 2 fl. |
| 71322B0548/00X003 | Flanders | 924 m² | 1 · 202 m² | 24.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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MJ DALLES
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Luc Vandenbroeck
BE 1004.998.885
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GAP EUROPE
BE 0465.223.777
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EP PLANT
BE 0444.845.760
Antwerpen · Eq €180k
Of 67 companies in sector 23200 we hold annual accounts for 48. 19 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL
23200Manufacture of other non-metallic mineral products
23410Manufacture of ceramic household and ornamental articles
46130Agents in the wholesale of timber and building materials
82990Other business support services
90202Performing arts by artistic ensembles
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.