WG-CONCEPT
ActiveWG-CONCEPT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €7k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-27
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 4.95 in 2023; short-term debt: 22.5% and cash: 45.4% of total assets), and 22.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
7 d early
2022
10 d early
2021
on the day
2020
9 d early
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€105k▲ 6.8%
2023 · €98k
2018: €72k
2019: €77k
2020: €88k
2021: €91k
2022: €90k
2023: €98k
2018 → 2024
Total assets
€136k▲ 10.0%
2023 · €124k
2018: €129k
2019: €94k
2020: €108k
2021: €123k
2022: €125k
2023: €124k
2018 → 2024
Net result
€7k▼ 18.3%
2023 · €8k
2018: €4k
2019: €5k
2020: €11k
2021: €3k
2022: €-1k
2023: €8k
2018 → 2024
Working capital
€105k▲ 6.8%
2023 · €99k
2018: €72k
2019: €77k
2020: €88k
2021: €84k
2022: €85k
2023: €99k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€88k-€91k▲ 3.9%€90k▼ 1.3%€98k▲ 9.1%€105k▲ 6.8%
Operating result€18k-€8k▼ 55.9%€3k▼ 61.0%€16k▲ 411%€13k▼ 16.1%
Net result€11k-€3k▼ 69.5%€-1k€8k€7k▼ 18.3%
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 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €136k
Fixed assets
€182=
Current assets
€136k▲ 10.0%
Equity and liabilities €136k
Equity
€105k▲ 6.8%
Debt
€31k▲ 22.5%
The debt ratio rises from 20.5% to 22.8%. Equity and debt are higher.
Key figures and ratios
Solvency
77.2%▼
2023 · 79.5%
Current ratio
4.44▼
2023 · 4.95
Quick ratio
4.44▼
2023 · 4.95
Debt / equity
0.30▲
2023 · 0.26
ROE
6.4%▼
2023 · 8.3%
ROA
4.9%▼
2023 · 6.6%
Debt
€31k▲
2023 · €25k
Debt ≤ 1 year
€31k▲
2023 · €25k
Income taxes
€6k▼
2023 · €7k
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€124k€136k▲
Fixed assets21/28€182€182=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€182€182=
Current assets29/58€124k€136k▲
Amounts receivable within one year40/41€59k€74k▲
Trade receivables40€1k€15k▲
Other amounts receivable41€58k€59k▲
Cash at bank and in hand54/58€64k€62k▼
Equity and liabilities
Total equity and liabilities10/49€124k€136k▲
Equity10/15€98k€105k▲
Contributions10/11€6k€6k=
Reserves13€89k€96k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€89k€96k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€25k€31k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€25k€31k▲
Current portion of amounts payable after more than one year42€789€0▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€19k€26k▲
Remuneration and social security454/9€0€3k▲
Accrued charges and deferred income492/3€384€387▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€4k€2k▼
Gross operating margin9900€19k€15k▼
Operating profit (loss)9901€16k€13k▼
Financial income75/76B€143€1▼
Recurring financial income75€143€1▼
Financial charges65/66B€476€267▼
Recurring financial charges65€476€267▼
Profit (loss) for the period before taxes9903€15k€13k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€10k▼
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer to equity691/2€8k€7k▼
To other reserves6921€8k€7k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Equity above €100kEq €105k ▲6.8%
2 profitable years in a row build equity to €105k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-1k ▼135%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €11k ▲148%
Operating result €18k, net result €11k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.38
Current ratio from 2.25 to 5.38; short-term debt falls from €57k to €17k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schilde · 1 establishment unit since 2010
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.
Constant Joossenslei 472970 SchildeGround area
349 m²
Building footprint
75 m²
Volume, LiDAR
438 m³
Parcel 11041B0330/00M010, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WG-CONCEPT
since 20102.195.345.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0330/00M010 | Flanders | 349 m² | 1 · 75 m² | 9.4 m · 2 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.
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B.E. POLIART
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PROMAKOR
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 5,233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2010
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.