Financials
- Financial year
- 2025
- Turnover
- €50,000
- Profit
- €5,297
- Solvency
- 49.8%
Labor Concept Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Labor Concept Belgium is 4.5% (elevated). The 2025 annual accounts show equity of €30,297 and a net result of €5,297. Its solvency ranks better than 63% of 517 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Construction of roads and motorways
NACE 42110
1 site
Size
€50,000turnover 2025
- Equity
- €30,297
- Profit
- €5,297
Structure
Accounts filed 61 days late
Why 39raises riskFounded in 2024Size: turnover €50,000, total assets €60,858Liquidity: current ratio 1.99Latest accounts 61 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
39
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 42, micro)
Financial strength
Strong
Solvency
75
equity 49.8% of total assets
Liquidity
50
short-term debt 50.2%
Profitability
59
return on assets 8.7%
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.8%lowest value
02-2026: 1.8%● unchanged vs 01-2026lowest value
03-2026: 1.9%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.3 percentage points vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026
06-2026: 2.5%▲ +0.2 percentage points vs 05-2026
07-2026: 2.5%● unchanged vs 06-2026
08-2026: 2.8%▲ +0.3 percentage points vs 07-2026
09-2026: 2.8%● unchanged vs 08-2026
10-2026: 4.5%▲ +1.7 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.99, above the usual 1.5; short-term debt: 50.2% of total assets), but 50.2% 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 42, micro): better than 56% on solvency, 47% on liquidity and 29% on profitability.
The bankruptcy probability was computed on 18-10-2026 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.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 filingDeviation from the deadline
2025
61 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointment: Bilal Çakti (director) ·…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of roads and motorwaysNACE 42110
- Founded
- 19-12-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Annual meeting
- Third Friday of June at 11:30
- Purpose
- “(Onder)aanneming in de ruimste zin; Diverse dienstverlening in onderaanneming; Het ter…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
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