Equity
€10.0m from €18.5m in 2022
Equity fell by 46% in 3 years.
CONCRETON
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €17.7m (2025)
€17.7m▲ 2.7%
peak €5.1m (2023)
€724,775▲ 56.9%
peak €18.5m (2022)
€10.0m▲ 5.5%
€11.5m▼ 7.5%
peak 59.2 FTE (2009)
48.7 FTE▲ 1.7%
Board9 names since 2019
5 directorsFilip Van Hautegem and 4 others
Owners4 names in the annual accounts
100%WILLY NAESSENS CONCRETE and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Result from €462,071 to €724,7751 director appointed, 1 statutory auditor appointed, 1 resign… 05-08Dividend €200,000
Key points
from the 2025 annual accountsResult
€724,775 ▲ 56.9%
The result rose in 2025 from €462,071 to €724,775.
Staff
50 employees on 31-12-2025
In 2025, 3 people joined and 3 left. On top of that, 4.4 agency workers worked there on average.
Filings
26 annual accounts since 2000
The 2020 accounts came 76 days late. The other nine of the last ten were filed on time.
Board
1 joined
New director. Latest change 30-06-2026 · 5 in office.
Position in the sector
€10.0m
More equity than 82% of companies in non-metallic mineral products. Sector median €2.0m · 366 companies.
Checked score
92
Excellent
Financially stronger than 55% of small companies in non-metallic mineral products (NACE 23)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 233 companies (NACE 23, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.2%● unchanged 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: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.95, cash €503,645
lowers risk
Sector: Manufacture of other non-metallic mineral products (NACE 23)
Equity €10.0m (46.5% of total assets)
Legal form: public limited company
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, small). It does better than 52% of them on solvency, 50% on liquidity, 58% on profitability and 61% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as CONCRETON has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONCRETON itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for CONCRETON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.95 (1.78 in 2024), above the usual 1.5. Short-term debt is 24.1% and cash 2.3% of total assets. However, 53.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
31 days early
2023
7 days early
2022
55 days early
2021
17 days early
2020
76 days late
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days before 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 14 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
ND
NV DEROOSE PROJECTS
Director, Dirk Deroose
IB
Ingelbeen BV
Director, Dennis Ingelbeen
- WILLY NAESSENS CONCRETE 100%equity €82.4m (2025) · 2025 annual accounts of WILLY NAESSENS CONCRETE
Shares in 2 companies, ALPRECO and INTER SHIPPING
Board & ownershipRecent changes
1 director appointed, 5 reappointments
Reappointments: Veerle Naessens, Sem Naessens, Filip Van Hautegem, NV DEROOSE PROJECTS and BV INGELBEEN · Permanent representatives: Dirk Deroose and Dennis Ingelbeen · Appointment: Lisen Kockelberg (day-to-day manager) · General meeting of 30-06-2026 · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden and 1 more · Provincie Oost-Vlaanderen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0467010359
1 director appointed, 1 statutory auditor appointed, 1 resignation
Resignation: NV Koutermolen (director) · Appointments: BV INGELBEEN (director) and BV A&C - Bedrijfsrevisor (statutory auditor) · Permanent representative: Dennis Ingelbeen · General meeting of 03-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONCRETON Geraardsbergen | €17.7m | 6.7% | 46.5% | 48.7 |
| WINDMOLDERS BETON Herk-de-Stad | €19.0m | 14.9% | 91.5% | 48 |
| VAN DE VELDE BETON Opwijk | €20.0m | 7.4% | 42.9% | 48.9 |
| BETONFABRIEK DE BONTE EN VAN HECKE Waasmunster | €25.1m | 5.3% | 30.2% | 60.3 |
| LOVELD Aalter | €19.2m | -4.3% | 74.6% | 81.6 |
| E.B.R. (EBEMA BETON RIJKEVORSEL) Rijkevorsel | €20.6m | 3.0% | 49.1% | 58.7 |
| PRETON Heusden-Zolder | €17.4m | -6.5% | -5.2% | 66.8 |
Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CONCRETON: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €11m and €24m, founded between 1989 and 2006.
Official details
Source: KBO- Status
- Active since 06-10-1999Normal situation
- Activity
- Manufacture of other non-metallic mineral productsNACE 23610and 1 other
- Joint committee
- 106.02Concrete industry · annual accounts 2025
- Establishment unit
- 2.227.960.4359500 Geraardsbergen, since 01-01-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- €21.5m▼ 1.9%
- Employeeson 31-12-2025
- 50=
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to CONCRETON
Parent and group
Insights on CONCRETON
CONCRETON has existed since 1999. Turnover grew from €9.3m in 2006 to €17.7m in 2025.
WILLY NAESSENS CONCRETE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CONCRETON
- What is the company number of CONCRETON?
- The company number of CONCRETON is 0467.010.359. The VAT number is the same number with BE in front: BE 0467.010.359.
- Where is CONCRETON based?
- The registered office is at Diebeke 37, 9500 Geraardsbergen.Company details
- What does CONCRETON do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
- What is the legal form of CONCRETON?
- CONCRETON is a public limited company (NV).
- When was CONCRETON founded?
- CONCRETON was founded on 06-10-1999.
- Is CONCRETON still active?
- Yes, CONCRETON is an active enterprise in the KBO register.
- How many employees does CONCRETON have?
- CONCRETON had an average of 48.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CONCRETON fall under?
- In its 2025 annual accounts, CONCRETON states joint committee 106.02 (Concrete industry).
- What is the turnover of CONCRETON?
- The turnover of CONCRETON was €17.7m in financial year 2025, according to the filed annual accounts.
- Is CONCRETON profitable?
- In financial year 2025, CONCRETON made a profit of €724,775.
- Where can I find the annual accounts of CONCRETON?
- CONCRETON filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONCRETON due?
- CONCRETON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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