Filings
The last five annual accounts were filed 0 to 33 days before the end of the period.
The last five annual accounts were filed 0 to 33 days before the end of the period.
Merger with FAST-GRIND. Merger on 30-08-2024.
Lower net result than 86% of companies in retail trade. Sector median €27,425 · 12,844 companies.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 59% of them on solvency, 41% on liquidity, 26% on profitability and 34% 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 30-06-2025.
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).
In July 2024, 6,908 companies had the same profile as IN2-CONCRETE has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IN2-CONCRETE itself: 0.3% within 12 months.
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 6,908 companies, not a prediction for IN2-CONCRETE. 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.
Liquidity is tight, with a current ratio of 1.44 (1.39 in 2024), below the usual 1.5. Short-term debt is 27.3% and cash 3% of total assets. 55.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| IN2-CONCRETE Oosterzele | €2.0m | €464,130 | 44.7% | 4.5 |
| Easyroof Heist-op-den-Berg | €2.8m | €340,232 | 32.5% | 3.9 |
| MATERIAUX DECOMAT Charleroi | €1.6m | €325,249 | 37.2% | 5 |
| Dacé-Bouw Sint-Laureins | €2.7m | €611,594 | 24.7% | 4 |
| BOUWKAMPIOEN Merelbeke-Melle | €2.0m | €965,995 | 73.7% | 6.7 |
| Frans Luyckx Lommel | €3.1m | €530,900 | 60.0% | 4.9 |
| TUINHUIZEN COCKAERTS Mechelen | €1.5m | €552,887 | 23.5% | 6.4 |
These companies have the same main activity as IN2-CONCRETE: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €1.5m and €3.1m, founded between 2010 and 2017.
IN2-CONCRETE files the abbreviated format. That format states no turnover. The gross margin rose from €62,361 in 2016 to €464,130 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.5m. Estimated: probably between €1.5m and €3.7m.
Amounts without an identifiable currency are taken as euros.
Higher than 59% of 12,856 companies in 2025.
Higher than 47% of 12,646 companies in 2025.
Higher than 21% of 12,719 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
2.0m | 2.1m | 2.2m | 1.3m | 1.0m | 1.1m | 1.1m | 1.1m | 162,518 | |
20 |
- | - | - | - | 0 | - | - | - | - | |
21/28 |
1.2m | 1.3m | 1.4m | 641,347 | 559,807 | 604,143 | 651,588 | 637,186 | 4,369 | |
21 |
23,381 | 34,425 | 46,984 | 36,074 | 8,750 | 16,448 | 16,743 | 19,532 | 947 | |
22/27 |
1.2m | 1.3m | 1.3m | 605,273 | 547,058 | 587,695 | 634,344 | 606,494 | 1,172 | |
22 |
1.1m | 1.2m | 1.3m | 557,344 | 527,473 | 557,269 | 584,069 | 577,422 | - | |
23 |
4,951 | 4,994 | - | - | 0 | - | 4,612 | 9,223 | 345 | |
24 |
27,547 | 37,330 | 42,089 | 47,929 | 19,585 | 30,426 | 45,664 | 19,849 | 373 | |
26 |
- | - | - | - | 0 | - | - | - | 453 | |
27 |
- | - | - | - | 0 | - | - | - | - | |
28 |
- | - | - | 0 | 4,000 | - | 500 | 11,160 | 2,250 | |
29/58 |
780,312 | 829,359 | 797,452 | 652,639 | 453,377 | 506,272 | 449,410 | 454,550 | 158,149 | |
290 |
- | - | - | - | 0 | - | - | - | - | |
291 |
- | - | - | - | 0 | - | - | - | - | |
3 |
369,803 | 327,987 | 276,579 | 271,373 | 211,380 | 185,983 | 213,147 | 171,411 | 40,147 | |
30/36 |
369,803 | 327,987 | 276,579 | 271,373 | 211,380 | 185,983 | 213,147 | 171,411 | 40,147 | |
37 |
- | - | - | - | 0 | - | - | - | - | |
40/41 |
318,141 | 437,538 | 429,943 | 320,907 | 180,216 | 214,240 | 215,483 | 248,712 | 107,548 | |
40 |
224,365 | 272,036 | 265,400 | 278,407 | 150,333 | 193,743 | 114,219 | 239,335 | 107,548 | |
41 |
93,776 | 165,502 | 164,543 | 42,500 | 29,883 | 20,497 | 101,264 | 9,376 | - | |
50/53 |
- | - | - | - | 0 | - | - | - | - | |
54/58 |
60,294 | 56,180 | 74,030 | 56,039 | 57,395 | 100,763 | 17,596 | 34,341 | 10,454 | |
490/1 |
32,074 | 7,654 | 16,900 | 4,321 | 4,386 | 5,286 | 3,184 | 88 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
2.0m | 2.1m | 2.2m | 1.3m | 1.0m | 1.1m | 1.1m | 1.1m | 162,518 | |
10/15 |
885,961 | 909,302 | 896,331 | 150,092 | 79,164 | 52,544 | 41,575 | 41,181 | 38,516 | |
10/11 |
24,800 | 24,800 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
12 |
624,991 | 661,323 | 697,656 | - | 0 | - | - | - | - | |
13 |
265,140 | 228,808 | 192,475 | 143,892 | 72,964 | 46,344 | 35,375 | 34,981 | 32,316 | |
130/1 |
0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,616 | |
1311 |
0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
1313 |
- | - | - | - | 0 | - | - | - | - | |
1319 |
- | - | - | - | 0 | - | - | - | - | |
132 |
- | - | - | - | 0 | - | - | - | - | |
133 |
265,140 | 226,948 | 190,615 | 142,032 | 71,104 | 44,484 | 33,515 | 33,121 | 30,700 | |
14 |
-28,970 | -5,629 | - | - | 0 | - | - | - | - | |
15 |
- | - | - | - | 0 | - | - | - | - | |
160/5 |
- | - | - | - | 0 | - | - | - | - | |
160 |
- | - | - | - | 0 | - | - | - | - | |
161 |
- | - | - | - | 0 | - | - | - | - | |
162 |
- | - | - | - | 0 | - | - | - | - | |
163 |
- | - | - | - | 0 | - | - | - | - | |
164/5 |
- | - | - | - | 0 | - | - | - | - | |
168 |
- | - | - | - | 0 | - | - | - | - | |
17/49 |
1.1m | 1.2m | 1.3m | 1.1m | 934,021 | 1.1m | 1.1m | 1.1m | 124,001 | |
17 |
550,685 | 610,548 | 679,511 | 583,535 | 618,122 | 672,216 | 707,932 | 683,514 | 38,154 | |
170/4 |
517,461 | 547,304 | 615,056 | 520,317 | 556,143 | 612,936 | 650,697 | 600,921 | - | |
175 |
- | - | - | - | 0 | - | - | - | - | |
176 |
- | - | - | - | 0 | - | - | - | - | |
178/9 |
33,224 | 63,243 | 64,455 | 63,218 | 61,979 | 59,280 | 57,235 | 82,593 | 38,154 | |
42/48 |
541,921 | 597,680 | 593,923 | 559,095 | 314,660 | 382,956 | 347,808 | 364,947 | 84,739 | |
42 |
78,139 | 87,752 | 75,575 | 62,621 | 56,793 | 56,467 | 56,166 | 37,465 | - | |
43 |
200,000 | 150,000 | 150,000 | 75,000 | 75,000 | 75,000 | 113,000 | 40,403 | - | |
430/8 |
200,000 | 150,000 | 150,000 | 75,000 | 75,000 | 75,000 | 113,000 | 40,403 | - | |
439 |
- | - | - | - | 0 | - | - | - | - | |
44 |
181,003 | 315,207 | 325,159 | 377,085 | 155,271 | 232,643 | 172,957 | 281,027 | 50,512 | |
440/4 |
181,003 | 315,207 | 325,159 | 377,085 | 155,271 | 232,643 | 172,957 | 281,027 | 50,512 | |
441 |
- | - | - | - | 0 | - | - | - | - | |
46 |
- | - | - | - | 0 | - | - | - | - | |
45 |
82,778 | 44,721 | 43,189 | 44,389 | 27,596 | 18,847 | 5,685 | 6,052 | 33,227 | |
450/3 |
46,640 | 8,893 | 18,102 | 19,078 | 13,252 | 4,645 | 4,906 | 6,052 | 33,227 | |
454/9 |
36,138 | 35,828 | 25,087 | 25,312 | 14,343 | 14,202 | 779 | - | - | |
47/48 |
- | - | - | - | 0 | - | - | - | 1,000 | |
492/3 |
4,140 | 2,518 | 1,288 | 1,264 | 1,240 | 2,698 | 3,683 | 2,095 | 1,108 | |
| Income statement | ||||||||||
76A |
- | - | 0 | 5,553 | 0 | 500 | 131 | - | - | |
9900 |
464,130 | 406,606 | 401,094 | 351,211 | 265,971 | 210,593 | 120,868 | 210,200 | 62,361 | |
62 |
249,439 | 236,977 | 238,711 | 182,094 | 135,827 | 102,860 | 14,109 | 16,001 | - | |
630 |
98,384 | 99,033 | 57,507 | 42,424 | 51,182 | 65,447 | 67,498 | 165,706 | 4,439 | |
631/4 |
- | - | - | - | 0 | - | - | - | - | |
635/8 |
- | - | - | - | 0 | - | - | - | - | |
640/8 |
9,823 | 22,708 | 7,870 | 8,609 | 16,981 | 3,733 | 832 | 5,726 | 2,102 | |
649 |
- | - | - | - | 0 | - | - | - | - | |
66A |
- | - | - | - | 0 | - | 11,160 | 453 | - | |
9901 |
106,484 | 47,889 | 97,005 | 118,084 | 61,982 | 38,553 | 38,430 | 22,314 | 55,820 | |
75/76B |
16,305 | 5,865 | 1,905 | 1,275 | 1,089 | 2,339 | 4,105 | 1,900 | 23 | |
75 |
16,305 | 5,865 | 1,905 | 1,275 | 1,089 | 2,339 | 4,105 | 1,900 | 23 | |
76B |
- | - | - | - | 0 | - | - | - | - | |
65/66B |
108,641 | 37,092 | 30,506 | 24,848 | 25,757 | 27,035 | 39,260 | 19,734 | 6,053 | |
65 |
108,641 | 37,092 | 30,506 | 24,848 | 25,667 | 27,035 | 28,100 | 19,734 | 6,053 | |
66B |
- | - | - | 0 | 90 | - | 11,160 | - | - | |
9903 |
14,148 | 16,662 | 68,403 | 94,511 | 37,314 | 13,856 | 3,275 | 4,480 | 49,790 | |
67/77 |
37,489 | 16,225 | 19,819 | 23,583 | 10,695 | 2,887 | 2,881 | 1,816 | 17,474 | |
9904 |
-23,341 | 437 | 48,584 | 70,928 | 26,619 | 10,970 | 394 | 2,665 | 32,316 | |
789 |
- | - | - | - | 0 | - | - | - | - | |
689 |
- | - | - | - | 0 | - | - | - | - | |
9905 |
-23,341 | 437 | 48,584 | 70,928 | 26,619 | 10,970 | 394 | 2,665 | 32,316 | |
| Appropriation of the result | ||||||||||
9906 |
-28,970 | -5,629 | 48,584 | 70,928 | 26,619 | 10,970 | 394 | 2,665 | 32,316 | |
14P |
-5,629 | -6,066 | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 0 | - | - | - | - | |
691/2 |
- | 0 | 48,584 | 70,928 | 26,619 | 10,970 | 394 | 2,665 | 32,316 | |
691 |
- | - | - | - | 0 | - | - | - | - | |
6920 |
- | - | - | - | 0 | - | - | 244 | 1,616 | |
6921 |
- | 0 | 48,584 | 70,928 | 26,619 | 10,970 | 394 | 2,421 | 30,700 | |
694 |
- | - | - | - | 0 | - | - | - | - | |
695 |
- | - | - | - | 0 | - | - | - | - | |
696 |
- | - | - | - | 0 | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
4.5 | 4.4 | 4.6 | 3.7 | 3.3 | 2.6 | 0.6 | 0.2 | - | |
Hours worked1013 |
7,535 | 7,488 | 7,537 | 6,070 | 5,791 | 4,229 | 876 | 448 | - | |
| Document | ||||||||||
The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-12-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 29-12-2025 | 2025-00592402 | |
| 30-06-2024 | abbreviated format | 09-01-2025 | 2025-00003083 | |
| 30-06-2023 | abbreviated format | 08-01-2024 | 2024-00546136 | |
| 30-06-2022 | abbreviated format | 20-01-2023 | 2023-00004084 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-04700531 | |
| 30-06-2020 | abbreviated format | 26-01-2021 | 2021-01900516 | |
| 30-06-2019 | abbreviated format | 23-01-2020 | 2020-02000058 | |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03900156 | |
| 31-12-2016 | abbreviated format | 22-07-2017 | 2017-34900546 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €106 | €39 |
| 2023 | 2 | €206 | €23,538 |
| 2022 | 3 | €48,348 | €25,017 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 204,869 | 146,922 | 154,512 | 160,508 | 113,164 | 104,000 | 105,927 | 188,020 | 60,259 | ||
| 75,043 | 99,470 | 106,091 | 113,352 | 77,801 | 76,417 | 67,891 | 168,371 | 36,755 | ||
| 10,091 | 18,120 | 92,106 | 141,010 | 6,847 | 18,503 | 102,428 | 801,227 | 8,808 | ||
| 4,114 | -17,850 | 17,991 | -1,356 | -43,368 | 83,167 | -16,744 | - | - | ||
| 238,391 | 231,679 | 203,529 | 93,544 | 138,717 | 123,316 | 101,602 | 89,604 | 73,410 | ||
| 44.7% | 42.9% | 41.3% | 11.6% | 7.8% | 4.7% | 3.8% | 3.8% | 23.7% | ||
| 1.44 | 1.39 | 1.34 | 1.17 | 1.44 | 1.32 | 1.29 | 1.25 | 1.87 | ||
| 0.76 | 0.84 | 0.88 | 0.68 | 0.77 | 0.84 | 0.68 | 0.78 | 1.39 | ||
| 1.24 | 1.33 | 1.42 | 7.62 | 11.80 | 20.13 | 25.48 | 25.51 | 3.22 | ||
| -2.6% | 0.0% | 5.4% | 47.3% | 33.6% | 20.9% | 0.9% | 6.5% | 83.9% | ||
| -1.2% | 0.0% | 2.2% | 5.5% | 2.6% | 1.0% | 0.0% | 0.2% | 19.9% | ||
| 1.89 | 3.96 | 5.06 | 6.46 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 5 | 4 | 5 |
| full-time | 3 | 4 | 4 | 5 |
| part-time | 2 | 1 | 0 | 0 |
| in full-time equivalents | 4.4 | 4.6 | 4 | 5 |
| 4.5 | 4.4 | 4.6 | 3.7 | |
| On a permanent contract | 5 | 5 | 4 | 5 |
| Joined | - | 1 | 0 | 2 |
| Left | - | 0 | 1 | 0 |
| Training hours | - | - | 0 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €657,937 | €657,937 |
| Mortgages, amount registered | €275,000 | €275,000 | €275,000 | €275,000 |
| Carrying value of the mortgaged assets | €1.1m | €1.2m | €1.3m | €557,344 |
| €75,000 | €75,000 | €75,000 | €75,000 | |
| Mandates to pledge the business | - | - | - | €0 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €10,091 | €16,120 | €69,990 | €107,910 |
| Intangible fixed assets | - | €2,000 | €22,116 | €33,100 |
| €98,384 | €99,033 | €57,507 | €42,424 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 122% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 57.1% to 55.3%. Equity and debt are lower.
1 other company of this director went bankrupt (2026).
1 other company of this director went bankrupt (2026).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.
| BETOTRACE
registered office since 30-03-2021 · founded in 2021 |
total assets €930,698 (2024) 0765.854.986 |
| Name | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|---|---|---|
| Guard Industrie Distribution | 60% | 90% | |||||
Source: list of holdings in its own accounts
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 23 February 2015, IN2-CONCRETE was incorporated.1 In 2018 the registered office moved to Oosterzele.2 FAST-GRIND was merged into the company in 2024.3
| Establishment | Since | Unit number |
|---|---|---|
| Lange Ambachtstraat 10 registered office 9860 Oosterzele 4335002 Other building finishing work | 23-02-2015 | 2.241.895.276 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44052A0393/00N000 | 2,006 m² | 1 · 882 m² | 7.2 m · 2 |
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