Concept 93
ActiveSummary
Concept 93 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €3k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency42▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.61 in 2024; short-term debt: 23.6% and cash: 0.7% of total assets), and 83.4% 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.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
16.6%
Return on assets
0.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
20 d early
2024
on the day
2023
20 d early
2022
163 d early
2021
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 4.1%
2024 · €65k
2021: €32k
2022: €46k
2023: €62k
2024: €65k
2021 → 2025
Total assets
€407k▲ 23.4%
2024 · €330k
2021: €281k
2022: €268k
2023: €335k
2024: €330k
2021 → 2025
Net result
€3k▲ 6.8%
2024 · €3k
2021: €12k
2022: €14k
2023: €17k
2024: €3k
2021 → 2025
Working capital
€-31k▼ 60.4%
2024 · €-20k
2021: €-7k
2022: €-13k
2023: €-15k
2024: €-20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€46k▲ 44.1%€62k▲ 36.4%€65k▲ 4.0%€68k▲ 4.1%
Operating result€23k-€20k▼ 14.5%€24k▲ 21.6%€10k▼ 59.0%€13k▲ 26.9%
Net result€12k-€14k▲ 19.4%€17k▲ 19.0%€3k▼ 84.9%€3k▲ 6.8%
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 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407k
Fixed assets
€342k ▲ 14.4%
Current assets
€65k ▲ 110%
Equity and liabilities €407k
Equity
€68k ▲ 4.1%
Debt
€339k ▲ 28.1%
Debt's share of the balance-sheet total rises from 80.3% to 83.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▲
2024 · €55k
Cash flow
€56k▲
2024 · €48k
Current ratio
0.67▲
2024 · 0.61
Quick ratio
0.50▼
2024 · 0.61
Debt to equity
5.02▲
2024 · 4.08
ROE
4.0%▲
2024 · 3.9%
ROA
0.7%▼
2024 · 0.8%
Interest coverage
7.21▼
2024 · 7.67
Debt ≤ 1 year
€96k▲
2024 · €50k
Debt > 1 year
€243k▲
2024 · €214k
Income taxes
€887▲
2024 · €341
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€330k€407k▲
Fixed assets21/28€299k€342k▲
Tangible fixed assets22/27€299k€342k▲
Land and buildings22€182k€174k▼
Plant, machinery and equipment23€111k€163k▲
Furniture and vehicles24€6k€5k▼
Current assets29/58€31k€65k▲
Stocks and contracts in progress3-€17k
Stocks30/36-€17k
Amounts receivable within one year40/41€30k€45k▲
Trade receivables40€536€914▲
Other amounts receivable41€29k€44k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€330k€407k▲
Equity10/15€65k€68k▲
Contributions10/11€20k€20k=
Reserves13€41k€41k=
Distributable reserves133€41k€41k=
Profit (loss) carried forward14€4k€7k▲
Amounts payable17/49€265k€339k▲
Amounts payable after more than one year17€214k€243k▲
Financial debts170/4€214k€243k▲
Amounts payable within one year42/48€50k€96k▲
Current portion of amounts payable after more than one year42€46k€63k▲
Trade debts44€536€1k▲
Suppliers440/4€536€1k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€333€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€54k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€55k€67k▲
Operating profit (loss)9901€10k€13k▲
Financial income75/76B€29€61▲
Recurring financial income75€29€61▲
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€3k€4k▲
Income taxes67/77€341€887▲
Profit (loss) for the period9904€3k€3k▲
Profit (loss) for the period to be appropriated9905€3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€7k▲
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (8 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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €3k ▼84.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2021net €17k ▲19%
Operating result €24k, net result €17k, both a record.
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Soumagne · 1 establishment unit since 2020
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.
Rue de l'Egalité 4394630 SoumagneGround area
1,522 m²
Building footprint
50 m²
Volume, LiDAR
667 m³
2 parcels, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Concept 93
since 20202.298.543.474
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099C0104/00S000 | Wallonia | 1,145 m² | - | - |
| 63572B0081/00M000 | Wallonia | 377 m² | 1 · 50 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
NCI
BE 0803.692.906
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RABO PROPERTY GROUP I
BE 0751.582.823
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IMMO KOJACC
BE 0658.751.348
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Gro Grund
BE 0778.326.812
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LALAING
BE 0808.600.314
Celles (lez-Tournai) · Eq €67,798
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,745 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2019
Fiscal year end30-09
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.