OBRA CONCEPT
ActiveThe computed 12-month bankruptcy probability of OBRA CONCEPT is 3.1% (moderate). The 2024 annual accounts show equity of €35k and a net result of €20k. Equity is growing by ~72.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 1329 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+28
Solvency100=
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.17 against 3.23 in 2023), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
39 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€35k▲ 131%
2023 · €15k
2022: €13k
2023: €15k
2022 → 2024
Total assets
€41k▲ 85.2%
2023 · €22k
2022: €16k
2023: €22k
2022 → 2024
Net result
€20k▲ 810%
2023 · €2k
2022: €11k
2023: €2k
2022 → 2024
Working capital
€35k▲ 131%
2023 · €15k
2022: €13k
2023: €15k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€13k-€15k▲ 16.8%€35k▲ 131%
Operating result€14k-€3k▼ 80.4%€25k▲ 781%
Net result€11k-€2k▼ 81.0%€20k▲ 810%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 781% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €41k
Equity
€35k▲ 131%
Debt
€6k▼ 16.6%
The debt ratio falls from 31.0% to 13.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
86.1%▲
2023 · 69.0%
Current ratio
7.17▲
2023 · 3.23
Quick ratio
7.17▲
2023 · 3.23
Debt / equity
0.16▼
2023 · 0.45
ROE
56.7%▲
2023 · 14.4%
ROA
48.8%▲
2023 · 9.9%
Debt
€6k▼
2023 · €7k
Debt ≤ 1 year
€6k▼
2023 · €7k
Income taxes
€5k▲
2023 · €602
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€22k€41k▲
Current assets29/58€22k€41k▲
Amounts receivable within one year40/41€21k€40k▲
Trade receivables40€2k-
Other amounts receivable41€19k€40k▲
Cash at bank and in hand54/58€237€850▲
Deferred charges and accrued income490/1€353-
Equity and liabilities
Total equity and liabilities10/49€22k€41k▲
Equity10/15€15k€35k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€14k€33k▲
Amounts payable17/49€7k€6k▼
Amounts payable within one year42/48€7k€6k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€123k€124k▲
Remuneration, social security and pensions62€153-
Other operating charges640/8€45-
Gross operating margin9900€3k€25k▲
Operating profit (loss)9901€3k€25k▲
Financial charges65/66B€39€63▲
Recurring financial charges65€39€63▲
Profit (loss) for the period before taxes9903€3k€25k▲
Income taxes67/77€602€5k▲
Profit (loss) for the period9904€2k€20k▲
Profit (loss) for the period to be appropriated9905€2k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€33k▲
Profit (loss) brought forward from the previous period14P€11k€14k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2022net €20k ▲810%
Operating result €25k, net result €20k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.17
Current ratio from 3.23 to 7.17; short-term debt falls from €7k to €6k.
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 39 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼81%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Uitbreidingsstraat 261070 AnderlechtGround area
112 m²
Building footprint
81 m²
Volume, LiDAR
959 m³
Parcel 21001A0499/00E003, Brussels · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
OBRA CONCEPT
since 20222.329.975.434
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0499/00E003 | Brussels | 112 m² | 1 · 81 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
M.Y.R. Global Home
BE 0639.927.608
Kelmis · Eq €35k
BNM MASAR
BE 0833.105.383
Genk · Eq €34k
LEVENT BLEU
BE 0762.460.778
Zele · Eq €37k
SOLUTIONS D'EAU
BE 0607.846.936
Chaudfontaine · Eq €33k
DGP INSPECTIONS
BE 0832.453.406
Kapelle-op-den-Bos · Eq €33k
Of 335 companies in sector 42219 we hold annual accounts for 148. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Activities, NACEBEL
42219Civil engineering
43120Site preparation
43130Specialised construction activities
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.