STEEL-CONCEPT
ActiveSTEEL-CONCEPT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340k and a net result of €31k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-8
Solvency62▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.59 in 2024; short-term debt: 31.7% and cash: 4.2% of total assets), but 63.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.7%
Return on assets
3.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
1 d early
2023
30 d late
2022
30 d late
2021
29 d late
2020
165 d late
2019
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€340k▲ 9.9%
2024 · €310k
2018: €164k
2019: €184k
2020: €198k
2021: €197k
2022: €204k
2023: €221k
2024: €310k
2018 → 2025
Total assets
€927k▼ 1.3%
2024 · €938k
2018: €958k
2019: €1.01M
2020: €997k
2021: €992k
2022: €947k
2023: €898k
2024: €938k
2018 → 2025
Net result
€31k▼ 65.6%
2024 · €89k
2018: €5k
2019: €20k
2020: €14k
2021: €-968
2022: €7k
2023: €17k
2024: €89k
2018 → 2025
Working capital
€167k▲ 13.0%
2024 · €147k
2018: €67k
2019: €75k
2020: €75k
2021: €36k
2022: €109k
2023: €81k
2024: €147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€204k▲ 3.5%€221k▲ 8.3%€310k▲ 40.2%€340k▲ 9.9%
Operating result€41k-€41k▲ 1.3%€47k▲ 13.1%€153k▲ 227%€65k▼ 57.6%
Net result€-968-€7k€17k▲ 146%€89k▲ 424%€31k▼ 65.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €927k
Fixed assets
€467k▼ 14.0%
Current assets
€460k▲ 16.3%
Equity and liabilities €927k
Equity
€340k▲ 9.9%
Debt
€586k▼ 6.7%
The debt ratio falls from 67.0% to 63.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150k▼
2024 · €244k
Cash flow
€116k▼
2024 · €180k
Solvency
36.7%▲
2024 · 33.0%
Current ratio
1.57▼
2024 · 1.59
Quick ratio
1.47▼
2024 · 1.50
Debt / equity
1.72▼
2024 · 2.03
ROE
9.0%▼
2024 · 28.7%
ROA
3.3%▼
2024 · 9.5%
Interest coverage
6.85▼
2024 · 9.78
Debt
€586k▼
2024 · €629k
Debt ≤ 1 year
€293k▲
2024 · €248k
Debt > 1 year
€293k▼
2024 · €380k
Income taxes
€13k▼
2024 · €39k
Staff costs
€178k▲
2024 · €155k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€938k€927k▼
Fixed assets21/28€543k€467k▼
Tangible fixed assets22/27€543k€467k▼
Land and buildings22€481k€426k▼
Plant, machinery and equipment23€50k€38k▼
Furniture and vehicles24€11k€3k▼
Current assets29/58€396k€460k▲
Stocks and contracts in progress3€23k€30k▲
Stocks30/36€23k€30k▲
Amounts receivable within one year40/41€219k€389k▲
Trade receivables40€210k€361k▲
Other amounts receivable41€9k€28k▲
Cash at bank and in hand54/58€151k€39k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€938k€927k▼
Equity10/15€310k€340k▲
Contributions10/11€19k€19k=
Reserves13€291k€322k▲
Distributable reserves133€291k€322k▲
Amounts payable17/49€629k€586k▼
Amounts payable after more than one year17€380k€293k▼
Financial debts170/4€380k€293k▼
Amounts payable within one year42/48€248k€293k▲
Current portion of amounts payable after more than one year42€91k€88k▼
Financial debts43€2k€6k▲
Credit institutions430/8€2k€6k▲
Trade debts44€103k€141k▲
Suppliers440/4€103k€141k▲
Taxes, remuneration and social security45€51k€58k▲
Taxes450/3€34k€34k▼
Remuneration and social security454/9€17k€25k▲
Other amounts payable47/48€1k€255▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€155k€178k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€85k▼
Other operating charges640/8€49k€11k▼
Gross operating margin9900€449k€339k▼
Operating profit (loss)9901€153k€65k▼
Financial income75/76B€0€772▲
Recurring financial income75€0€772▲
Financial charges65/66B€25k€22k▼
Recurring financial charges65€25k€22k▼
Profit (loss) for the period before taxes9903€128k€44k▼
Income taxes67/77€39k€13k▼
Profit (loss) for the period9904€89k€31k▼
Profit (loss) for the period to be appropriated9905€89k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€31k▼
Transfer to equity691/2€89k€31k▼
To other reserves6921€89k€31k▼
Social balance
Average headcount (FTE)90872.83.0▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €89k ▲424%
Operating result €153k, net result €89k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Equity above €200kEq €204k ▲3.5%
Equity rises from €197k to €204k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 165 days late
2021
31-12
Financial
Weakest financial yearnet €-968 ▼107%
Net result drops to €-968, the lowest in the series; recovery starts the following year.
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Lier · 1 establishment unit since 2009
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.
Ploeghoeveweg 82500 LierGround area
3,086 m²
Parcel 12392A0357/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Steel-Concept
since 20092.179.534.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0357/00D000 | Flanders | 3,086 m² | - | - |
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.
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2009
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
25402Manufacture of fabricated metal products, except machinery and equipment
25502Manufacture of fabricated metal products, except machinery and equipment
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
25991Manufacture of fabricated metal products, except machinery and equipment
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.