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Concrete Records

Active
Private limited companyfounded 2023active for 3 yearsBokrijkstraat 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0797.322.281
Summary

Concrete Records has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,976 and a net result of €66,736. Equity has been growing by about 56% per year since 2023. Its solvency ranks better than 18% of 429 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-01-2023 Normal situation
Activity
Manufacture of other non-metallic mineral products NACE 23200and 5 others
Establishment units
2.340.500.429 3500 Hasselt, since 18-01-2023
2.366.560.369 3600 Genk, since 22-11-2024
Financial year end
31 December
Peppol
Reachable since 28-11-2025

Board and ownership

Board

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€159,635
▲ 141%
Turnover
≈ €400,000
estimated
Profit
€66,736
▲ 85.1%
Equity
€113,976
▲ 133%
Total assets
€1.1m
▲ 108%
  • 2025 accounts filed 20 days after the deadline
Score breakdownraises riskEquity €113,976 (10.3% of total assets)lowers riskSize: total assets €1.1mSector: Manufacture of other non-metallic mineral products (NACE 23)Figures for financial year 2025 (filed on 26-08-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in non-metallic mineral products (NACE 23)
Financial strength · tick: 2024
Average
Solvency 35+1
equity 10.3% of total assets
Liquidity 54-10
short-term debt 8.9% · cash 3.2%
Profitability 76-1
return on assets 6.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (1.51 in 2024), below 1. Short-term debt is 8.9% and cash 3.2% of total assets. 89.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 23, micro). It does better than 15% of them on solvency, 53% on liquidity, 65% on profitability and 95% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
raises risk · Equity €113,976 (10.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-08-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 429 sector peers (2025).
NBB · sector comparison
Position among 429 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2025 accounts filed 20 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
20 days late
2024
2 days early
2023
2 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 7 days after the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Equity rose in 2025from €48,906 to €113,976 ▲ 133% View
  • Positive: Higher net result than 90% of companies in non-metallic mineral productssector median €6,252 · 428 companies €66,736 View

Recent changes

  1. · Gazette deed Resignations & appointments · Miscellaneous
  2. · Gazette deed IncorporationStarting capital €5,000 · Appointments: STIEGLITZ Kathleen (director) and STROOMER Jacintha Maria (director)
All 8 events

Comparable companies

These companies have the same main activity as Concrete Records: manufacture of other non-metallic mineral products (NACE 23200). They are comparable in size and age: total assets between €151,000 and €3.1m, founded between 2010 and 2024.

CompanyTotal assetsGross margin
Concrete Records Hasselt€1.1m€0.2m
D-beton Aalst€1.4m€0.3m
ECSVUURVAST Oostende€1.3m€0.2m
MJ DALLES Libin€0.2m€0.1m
Sachem Betonwerken Brakel€0.9m€0.7m
Luc Vandenbroeck Lebbeke€0.2m€0.2m
FIBS-TRADING Saint-Ghislain€3.1m€0.1m
Full comparison

Key facts about Concrete Records

What is the company number of Concrete Records?
The company number of Concrete Records is 0797.322.281. The VAT number is the same number with BE in front: BE 0797.322.281.
Where is Concrete Records based?
The registered office is at Bokrijkstraat 1, 3500 Hasselt.Company details
What does Concrete Records do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23200).
What is the legal form of Concrete Records?
The legal form of Concrete Records is Private limited company (BV).
When was Concrete Records founded?
Concrete Records was founded on 18-01-2023.
Is Concrete Records still active?
Yes, Concrete Records is an active enterprise in the KBO register.
What is the turnover of Concrete Records?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €159,635 and 2,211 comparable companies of the same size. It probably lies between €270,000 and €620,000. It is a rough estimate.Financials
Is Concrete Records profitable?
In financial year 2025, Concrete Records made a profit of €66,736.
Where can I find the annual accounts of Concrete Records?
Concrete Records filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Concrete Records due?
Concrete Records must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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