Concrete Wolf
ActiveThe computed 12-month bankruptcy probability of Concrete Wolf is 2.9% (moderate). The 2024 annual accounts show equity of €15k and a net result of €9k. Its solvency ranks better than 20% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+13
Solvency43▲+13
Growth78
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.65 in 2023; short-term debt: 70.2% and cash: 6.9% of total assets), and 82.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.7%
Return on assets
11.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 212%
2023 · €5k
2023: €5k
2023 → 2024
Total assets
€83k▼ 15.7%
2023 · €99k
2023: €99k
2023 → 2024
Net result
€9k▲ 1,174%
2023 · €731
2023: €731
2023 → 2024
Working capital
€-17k▲ 31.9%
2023 · €-25k
2023: €-25k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€5k-€15k▲ 212%
Operating result€1k-€14k▲ 886%
Net result€731-€9k▲ 1,174%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 886% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83k
Fixed assets
€42k▼ 21.2%
Current assets
€42k▼ 9.5%
Equity and liabilities €83k
Equity
€15k▲ 212%
Debt
€69k▼ 27.2%
The debt ratio falls from 95.2% to 82.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2023 · €8k
Cash flow
€21k▲
2023 · €7k
Solvency
17.7%▲
2023 · 4.8%
Current ratio
0.71▲
2023 · 0.65
Quick ratio
0.71▲
2023 · 0.65
Debt / equity
4.65▼
2023 · 19.90
ROE
63.2%▲
2023 · 15.5%
ROA
11.2%▲
2023 · 0.7%
Interest coverage
18.09▲
2023 · 8.38
Debt
€69k▼
2023 · €94k
Debt ≤ 1 year
€58k▼
2023 · €71k
Debt > 1 year
€10k▼
2023 · €23k
Income taxes
€3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€99k€83k▼
Fixed assets21/28€53k€42k▼
Tangible fixed assets22/27€48k€37k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€25k€19k▼
Leasing and similar rights25€20k€16k▼
Financial fixed assets28€5k€5k=
Current assets29/58€46k€42k▼
Amounts receivable within one year40/41€18k€26k▲
Trade receivables40€10k€12k▲
Other amounts receivable41€8k€13k▲
Cash at bank and in hand54/58€16k€6k▼
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€99k€83k▼
Equity10/15€5k€15k▲
Contributions10/11€4k€4k=
Reserves13-€11k
Distributable reserves133-€11k
Profit (loss) carried forward14€731-
Amounts payable17/49€94k€69k▼
Amounts payable after more than one year17€23k€10k▼
Financial debts170/4€23k€10k▼
Amounts payable within one year42/48€71k€58k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€45k€35k▼
Suppliers440/4€45k€35k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€8k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€11k€27k▲
Operating profit (loss)9901€1k€14k▲
Financial income75/76B€270€61▼
Recurring financial income75€270€61▼
Financial charges65/66B€954€1k▲
Recurring financial charges65€954€1k▲
Profit (loss) for the period before taxes9903€731€13k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€731€9k▲
Profit (loss) for the period to be appropriated9905€731€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€731€11k▲
Profit (loss) brought forward from the previous period14P-€1k
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
NBB filing
Directors · office · real estate
Directors
4 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, Balen · 1 establishment unit since 2022
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.
Veldstraat 502491 BalenGround area
718 m²
Building footprint
94 m²
Volume, LiDAR
1,359 m³
Parcel 13030A0530/00A002, Flanders · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Concrete Wolf
since 20222.336.877.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030A0530/00A002 | Flanders | 718 m² | 1 · 94 m² | 21.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Fixley Montage
BE 0769.375.987
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Obrataque Construct
BE 0800.645.324
Dilbeek · Eq €15k
SCUTARASU DECO
BE 0692.513.880
Dilbeek · Eq €15k
AB PROFESSIONAL PEINTURE
BE 0788.949.203
Sint-Pieters-Leeuw · Eq €15k
THERA-PRESTA
BE 0685.819.395
Mouscron · Eq €15k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 4,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
23610Manufacture of other non-metallic mineral products
23630Manufacture of other non-metallic mineral products
23660Manufacture of other non-metallic mineral products
23690Manufacture of other non-metallic mineral products
41001General construction of residential buildings
42990Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.