Equity
€74,826 ▼ 23.6%
Concretys paid out €36,585 in dividends. That is 271% of the 2025 profit.
Concretys
Lifetime
11 annual accounts with figures on one time axispeak €103,726 (2023)
€19,392▼ 68.3%
lowest -€25,331 (2014)
€13,478▼ 50.0%
peak €97,933 (2024)
€74,826▼ 23.6%
€92,178▲ 14.0%
peak 0.6 FTE (2023)
-not published
Board2 names since 2018
1 directorNicolas VAN LOOCK
Documentsfilings and deeds
21-09-202652 days late
2025micro format
Gross margin from €61,173 to €19,392Result from €26,982 to €13,478New director 21-01Dividend €36,585Equity from €97,933 to €74,826
Key points
from the 2025 annual accountsChecked score
66
Healthy
Financially stronger than 33% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.9%▲ +0.3 percentage points vs 12-2024
02-2025: 0.4%▼ -0.5 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.3%▼ -0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 1.0%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 52 days late; 1 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €167,004
lowers risk
Founded in 2013
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 41, micro). It does better than 53% of them on solvency, 35% on liquidity, 28% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 34,693 companies had the same profile as Concretys has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of Concretys itself is higher: 1.0% within 12 months. It rests on far more data about Concretys than the profile alone.
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 34,693 companies, not a prediction for Concretys. 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 €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.86 (2.25 in 2024), above the usual 1.5. Short-term debt is 53.3% and cash 12.8% of total assets. However, 55.2% 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 risk
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 10 filingsDeviation from the deadline
2025
52 days late
2024
29 days late
2024
2 days early
2023
1 day early
2022
5 days early
2021
3 days early
2020
6 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 9 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0504989126
New director
Nicolas VAN LOOCK appointed, Isabelle WARNOTTE resigned · “La consultance et/ou la prestation de services dans les domaines de la gestion,de l'administration,de la…” (deed in French) · General meeting of 10-12-2024 · Gazette deed
New manager
Isabelle WARNOTTE appointed, Nicolas VAN LOOCK resigned · Director discharge: Nicolas VAN LOOCK · General meeting of 31-12-2018 · Gazette deed
First establishment
CONCRETYS - SCAN 2 BUILD, Rue de Baudémont 14, Ittre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Concretys Ittre | €167,004 | €19,392 | 44.8% | - |
| MANUL Koekelberg | €164,189 | €21,828 | 81.5% | - |
| Tom Construct Geel | €177,290 | €22,701 | 39.8% | - |
| Alg. Bouwwerken B & B Begijnendijk | €146,761 | €18,868 | 77.8% | - |
| GAV ELECTROCONSTRUCT Anderlecht | €153,124 | €17,972 | 57.7% | - |
| NOUWYNCK CHRISTOF Veurne | €161,417 | €16,422 | 39.7% | - |
| NATURE-CONSTRUCT Flémalle | €164,562 | €22,271 | 33.3% | - |
These companies have the same main activity as Concretys: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €147,000 and €177,000, founded between 2011 and 2014.
Official details
Source: KBO- Status
- Active since 18-02-2013Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.218.678.7231460 Ittre, since 01-03-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Insights on Concretys
Concretys files the micro format. That format states no turnover. The gross margin rose from -€21,637 in 2014 to €19,392 in 2025.
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 Concretys
- What is the company number of Concretys?
- The company number of Concretys is 0504.989.126. The VAT number is the same number with BE in front: BE 0504.989.126.
- Where is Concretys based?
- The registered office is at Rue de Baudémont 14, 1460 Ittre.Company details
- What does Concretys do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Concretys?
- Concretys is a private limited company (BV).
- When was Concretys founded?
- Concretys was founded on 18-02-2013.
- Is Concretys still active?
- Yes, Concretys is an active enterprise in the KBO register.
- How many employees does Concretys have?
- Concretys had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Concretys?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €19,392 and 263 comparable companies (NACE 41001). It probably lies between €120,000 and €420,000. It is a rough estimate.
- Is Concretys profitable?
- In financial year 2025, Concretys made a profit of €13,478.
- Where can I find the annual accounts of Concretys?
- Concretys filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Concretys due?
- Concretys must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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