Etang Concept

Active

General partnershipfounded 2018active for 7 yearsRue des Awirs(AWR) 286, 4400 Flémalle, BelgiumKBO/BCE: BE 0715.482.688

Summary

The computed 12-month bankruptcy probability of Etang Concept is 6.3% (elevated). The 2019 annual accounts show negative equity (-€2,044) and a net result of -€5,544. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

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Etang ConceptActive

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Activity

Landscape service activities

NACE 81300

1 site

Size

€37,772total assets 2019

Equity: -€2,044
Loss: -€5,544

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 6.3%

2019 figures too old to score

Structure

Accounts filed 69 days late0 of 3 deeds read

Signalsraises riskFigures for financial year 2019 (filed 12-10-2020)Latest accounts 69 days late; 1 of the last 3 lateLiquidity: current ratio 1.13lowers riskLegal form: general partnershipneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2019 are too old to assess current financial health.

Bankruptcy probability: Elevated

Financial strength, FY 2019

Weak

Solvency 20

equity -5.4% of total assets

Liquidity 33

short-term debt 63.4%

Profitability 1

return on assets -14.7%

Bankruptcy probability, 12 months

6.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,673 companies, NACE 81, micro)

Last 24 months 11-2024: 6.3%lowest value 12-2024: 6.4%▲ +0.1 percentage points vs 11-2024 01-2025: 6.4%● unchanged vs 12-2024 02-2025: 6.4%● unchanged vs 01-2025 03-2025: 6.4%● unchanged vs 02-2025 04-2025: 6.4%● unchanged vs 03-2025highest value 05-2025: 6.4%● unchanged vs 04-2025highest value 06-2025: 6.4%● unchanged vs 05-2025highest value 07-2025: 6.4%● unchanged vs 06-2025highest value 08-2025: 6.4%● unchanged vs 07-2025 09-2025: 6.4%● unchanged vs 08-2025 10-2025: 6.4%● unchanged vs 09-2025 11-2025: 6.4%● unchanged vs 10-2025 12-2025: 6.4%● unchanged vs 11-2025 01-2026: 6.4%● unchanged vs 12-2025 02-2026: 6.4%● unchanged vs 01-2026 03-2026: 6.4%● unchanged vs 02-2026 04-2026: 6.4%● unchanged vs 03-2026 05-2026: 6.4%● unchanged vs 04-2026 06-2026: 6.4%● unchanged vs 05-2026 07-2026: 6.4%● unchanged vs 06-2026 08-2026: 6.4%● unchanged vs 07-2026 09-2026: 6.3%▼ -0.1 percentage points vs 08-2026 10-2026: 6.3%● unchanged vs 09-2026

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Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2019 (filed 12-10-2020)

NBB · annual accounts

Latest accounts 69 days late; 1 of the last 3 late

NBB · filings

Legal form: general partnership

KBO

Liquidity: current ratio 1.13

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 08-10-2020, 69 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 · 1 filing

Deviation from the deadline

2019

69 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 69 days after the deadline; the sector median (NACE 81) for financial year 2019 is 7 days after the deadline, and 52% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage