SCG CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of SCG CONCEPT is 2.2% (moderate). The 2024 annual accounts show equity of €52,606 and a net result of €56,245. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 32% of 9975 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency50▼-29
Growth59=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.0 in 2023; short-term debt: 43.3% and cash: 71.4% of total assets), but 75.1% of the assets are financed with debt.
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Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.9%
Return on assets
26.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
176 d late
2022
158 d late
2021
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 93 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€624,723▼ 3.5%
2021 · €647,049
EBIT margin
1.6%▼ 0.9pp
2021 · 2.6%
Net result
€56,245▲ 119%
2023 · €25,719
Working capital
€112,687▲ 186%
2023 · €39,344
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€647,049-€624,723▼ 3.5%
Operating result€16,722-€10,272▼ 38.6%€33,858▲ 230%€74,800▲ 121%
Net result€12,860within the sector's middle half-€7,169within the sector's middle half▼ 44.2%€25,719above the sector's middle half▲ 259%€56,245above the sector's middle half▲ 119%
EBIT margin2.6%-1.6%▼ 0.9pp
Equity€13,860below the sector's middle half-€21,029below the sector's middle half▲ 51.7%€46,748within the sector's middle half▲ 122%€52,606within the sector's middle half▲ 12.5%
Total assets€87,627below the sector's middle half-€109,151below the sector's middle half▲ 24.6%€85,959within the sector's middle half▼ 21.2%€211,502within the sector's middle half▲ 146%
Debt€73,767-€88,122▲ 19.5%€39,212▼ 55.5%€158,896▲ 305%
Working capital€24,545below the sector's middle half-€19,174below the sector's middle half▼ 21.9%€39,344within the sector's middle half▲ 105%€112,687above the sector's middle half▲ 186%
Solvency15.8%below the sector's middle half-19.3%within the sector's middle half▲ 3.4pp54.4%within the sector's middle half▲ 35.1pp24.9%within the sector's middle half▼ 29.5pp
Current ratio1.39within the sector's middle half-1.22within the sector's middle half▼ 0.172.00within the sector's middle half▲ 0.792.23within the sector's middle half▲ 0.23
Return on assets (ROA)14.7%above the sector's middle half-6.6%within the sector's middle half▼ 8.1pp29.9%above the sector's middle half▲ 23.4pp26.6%above the sector's middle half▼ 3.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 121% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,502
Fixed assets
€7,239 ▼ 2.2%
Current assets
€204,263 ▲ 160%
Equity and liabilities €211,502
Equity
€52,606 ▲ 12.5%
Debt
€158,896 ▲ 305%
Debt's share of the balance-sheet total rises from 45.6% to 75.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77,574▲
2023 · €35,875
Cash flow
€59,018▲
2023 · €27,735
Debt to equity
3.02▲
2023 · 0.84
ROE
106.9%▲
2023 · 55.0%
Interest coverage
83.36▲
2023 · 47.24
Debt ≤ 1 year
€91,576▲
2023 · €39,212
Income taxes
€17,722▲
2023 · €7,604
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €647,049 | €624,723 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €638,427 | €624,004 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €35 | €2,016 | €2,774 | ▲ 37.6% |
| Other operating charges640/8 | €937 | €651 | €1,900 | €2,033 | ▲ 7.0% |
| Non-recurring operating charges66A | - | - | - | €5,265 | - |
| Gross operating margin9900 | €17,658 | €10,957 | €37,775 | €84,873 | ▲ 125% |
| Operating profit (loss)9901 | €16,722 | €10,272 | €33,858 | €74,800 | ▲ 121% |
| Financial income75/76B | €3 | €1 | €224 | €97 | ▼ 56.7% |
| Recurring financial income75 | €3 | €1 | €224 | €97 | ▼ 56.7% |
| Financial charges65/66B | €184 | €648 | €759 | €931 | ▲ 22.6% |
| Recurring financial charges65 | €184 | €648 | €759 | €931 | ▲ 22.6% |
| Profit (loss) for the period before taxes9903 | €16,540 | €9,624 | €33,323 | €73,967 | ▲ 122% |
| Income taxes67/77 | €3,681 | €2,455 | €7,604 | €17,722 | ▲ 133% |
| Profit (loss) for the period9904 | €12,860 | €7,169 | €25,719 | €56,245 | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | €12,860 | €7,169 | €25,719 | €56,245 | ▲ 119% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €87,627 | €109,151 | €85,959 | €211,502 | ▲ 146% |
| Fixed assets21/28 | - | €1,855 | €7,404 | €7,239 | ▼ 2.2% |
| Intangible fixed assets21 | - | €1,855 | €1,225 | €595 | ▼ 51.4% |
| Tangible fixed assets22/27 | - | - | €6,178 | €6,644 | ▲ 7.5% |
| Plant, machinery and equipment23 | - | - | - | €3,162 | - |
| Furniture and vehicles24 | - | - | €6,178 | €3,481 | ▼ 43.7% |
| Current assets29/58 | €87,627 | €107,296 | €78,556 | €204,263 | ▲ 160% |
| Amounts receivable within one year40/41 | €87,552 | €106,700 | €40,758 | €49,305 | ▲ 21.0% |
| Trade receivables40 | €77,254 | €105,425 | €23,479 | €34,853 | ▲ 48.4% |
| Other amounts receivable41 | €10,298 | €1,275 | €17,279 | €14,451 | ▼ 16.4% |
| Cash at bank and in hand54/58 | €74 | €213 | €36,949 | €151,088 | ▲ 309% |
| Deferred charges and accrued income490/1 | - | €383 | €848 | €3,871 | ▲ 356% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €87,627 | €109,151 | €85,959 | €211,502 | ▲ 146% |
| Equity10/15 | €13,860 | €21,029 | €46,748 | €52,606 | ▲ 12.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €12,860 | €20,029 | €45,748 | €51,606 | ▲ 12.8% |
| Amounts payable17/49 | €73,767 | €88,122 | €39,212 | €158,896 | ▲ 305% |
| Amounts payable within one year42/48 | €63,082 | €88,122 | €39,212 | €91,576 | ▲ 134% |
| Trade debts44 | €49,254 | €70,736 | €10,914 | €54,140 | ▲ 396% |
| Suppliers440/4 | €49,254 | €70,736 | €10,914 | €54,140 | ▲ 396% |
| Taxes, remuneration and social security45 | €3,681 | €8,162 | €18,390 | €36,756 | ▲ 99.9% |
| Taxes450/3 | €3,681 | €8,162 | €18,390 | €36,756 | ▲ 99.9% |
| Other amounts payable47/48 | €10,147 | €9,224 | €9,907 | €679 | ▼ 93.1% |
| Accrued charges and deferred income492/3 | €10,685 | - | - | €67,320 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,860 | €7,169 | €25,719 | €56,245 | ▲ 119% |
| + Depreciation and write-downs630 | - | €35 | €2,016 | €2,774 | ▲ 37.6% |
| Operating cash flow (approximation) | €12,860 | €7,204 | €27,735 | €59,018 | ▲ 113% |
| Investment in fixed assets (approximation) | - | - | -€7,565 | -€2,609 | ▲ 65.5% |
| Change in cash | - | €138 | €36,736 | €114,139 | ▲ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 176 days late
2024
31-12
Financial
Highest result since 2021net €56,245 ▲119%
Operating result €74,800, net result €56,245, both a record.
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 158 days late
2022
31-12
Financial
Weakest financial yearnet €7,169 ▼44.2%
Net result drops to €7,169, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Wemmel · 1 establishment unit since 2020
Ground area
6,611 m²
Building footprint
2,024 m²
Volume, LiDAR
21,055 m³
2 parcels, Brussels, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SCG CONCEPT
since 20202.322.946.892
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0407/00D011indicative | Flanders | 6,201 m² | 1 · 1,886 m² | 15.3 m · 3 fl. |
| 21464D0077/00S010 | Brussels | 410 m² | 1 · 139 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
17 categoriesSCG CONCEPT BV43713
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 13,122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0755516370
Also
9925:BE0755516370
Registered
29-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.