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Concrete X
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Concrete X has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €735,483 and a net result of €532,443. Its solvency ranks better than 64% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 06-12-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Politieke Gevangenenstraat 48, 8530 Harelbeke
- Activity
- General construction of other non-residential buildings NACE 41003and 1 other
- Establishment unit
- 2.352.731.436 8530 Harelbeke, since 06-12-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 02-01-2024
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.1%
Annual accounts to 30-06-2025
- Gross margin
- €811,004
- ▲ 215%
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €532,443
- ▲ 172%
- Equity
- €735,483
- ▲ 262%
- Total assets
- €1.4m
- ▲ 188%
- Staff
- ≈ 0.9 FTE
- estimated
2025 accounts on time
Filed on 31-01-2026PDF
Why 68raises risk1 change of registered office in 24 monthsFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.34, cash €304,991Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 76% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency
78+11
equity 52.6% of total assets
Liquidity
54+24
short-term debt 47.4% · cash 21.8%
Profitability
100=
return on assets 38.1%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.3%
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.4%▲ +0.1 percentage points vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 1.4%● unchanged vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.5%▲ +0.1 percentage points vs 09-2025
11-2025: 3.9%▲ +2.4 percentage points vs 10-2025
12-2025: 4.0%▲ +0.1 percentage points vs 11-2025
01-2026: 4.2%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 0.7%▼ -3.5 percentage points vs 01-2026lowest value
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 0.7%● unchanged vs 03-2026lowest value
05-2026: 0.7%● unchanged vs 04-2026lowest value
06-2026: 0.7%● unchanged vs 05-2026lowest value
07-2026: 0.7%● unchanged vs 06-2026lowest value
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 1.1%▲ +0.4 percentage points vs 09-2026
Credit of up to €50,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.34, compared with 1.52 in 2024, below the usual 1.5; short-term debt: 47.4% and cash: 21.8% of total assets), and 47.4% 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 41, micro): better than 61% on solvency, 58% on liquidity, 91% on profitability and 96% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 18 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-01-2026
- Annual accounts 2024filed on 27-12-2024
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 26-05-2026
- Registered officeact of 14-10-2025
- Incorporationact of 08-12-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1003.074.525
Key facts about Concrete X
- What is the company number of Concrete X?
- 1003.074.525. In Belgium the VAT number is the company number with BE in front: BE 1003.074.525.
- Where is Concrete X based?
- The registered office is at Politieke Gevangenenstraat 48, 8530 Harelbeke.Company details
- What does Concrete X do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of Concrete X?
- Private limited company (BV).
- When was Concrete X founded?
- On 06-12-2023.
- Is Concrete X still active?
- Yes, Concrete X is an active enterprise in the KBO register.
- What is the turnover of Concrete X?
- ≈ €1.9m in financial year 2025. Estimated from the gross margin of €811,004: probably between €1.5m and €3.1m, based on 35 comparable companies, NACE 410.Financials
- Is Concrete X profitable?
- In financial year 2025, Concrete X made a profit of €532,443.
- Where can I find the annual accounts of Concrete X?
- Concrete X filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Concrete X due?
- By 31-01-2027, for financial year 2026.Timeline
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