CONCEPT CONTROL
ActiveSummary
CONCEPT CONTROL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €5k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-30
Solvency41▼-14
Growth72=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.32 in 2024; short-term debt: 83.7% and cash: 5.2% of total assets), and 83.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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
16.3%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 728 sector peers (2025).
NBB · sector comparisonPosition among 728 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
134 d early
2023
36 d early
2022
42 d early
2021
41 d early
2020
39 d early
2019
30 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.91M▲ 5.8%
2023 · €1.81M
2018: €1.17M
2019: €1.40M
2020: €1.40M
2021: €1.48M
2022: €1.65M
2023: €1.81M
2018 → 2024
EBIT margin
5.3%▲ 1.0pp
2023 · 4.3%
2018: -10.8%
2019: 0.4%
2020: 0.9%
2021: 1.5%
2022: 3.7%
2023: 4.3%
2018 → 2024
Net result
€5k▼ 92.2%
2024 · €65k
2018: €-131k
2019: €2k
2020: €7k
2021: €19k
2022: €12k
2023: €52k
2024: €65k
2018 → 2025
Working capital
€150k▲ 17.5%
2024 · €128k
2018: €-7k
2019: €-4k
2020: €10k
2021: €38k
2022: €75k
2023: €39k
2024: €128k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.48M-€1.65M▲ 11.1%€1.81M▲ 9.7%€1.91M▲ 5.8%
Equity€83k-€95k▲ 14.7%€103k▲ 8.3%€168k▲ 63.3%€173k▲ 3.0%
Operating result€22k-€61k▲ 176%€78k▲ 28.0%€102k▲ 29.4%€24k▼ 76.8%
Net result€19k-€12k▼ 36.0%€52k▲ 325%€65k▲ 26.3%€5k▼ 92.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€23k ▼ 42.7%
Current assets
€1.04M ▲ 97.2%
Equity and liabilities €1.06M
Equity
€173k ▲ 3.0%
Debt
€889k ▲ 123%
Debt's share of the balance-sheet total rises from 70.3% to 83.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €125k
Cash flow
€26k▼
2024 · €89k
Current ratio
1.17▼
2024 · 1.32
Debt to equity
5.13▲
2024 · 2.37
ROE
3.0%▼
2024 · 38.8%
ROA
0.5%▼
2024 · 11.5%
Interest coverage
2.60▼
2024 · 21.10
Debt ≤ 1 year
€889k▲
2024 · €399k
Income taxes
€1k▼
2024 · €30k
Staff costs
€862k▲
2024 · €729k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€568k€1.06M▲
Fixed assets21/28€40k€23k▼
Intangible fixed assets21€6k€2k▼
Tangible fixed assets22/27€31k€16k▼
Furniture and vehicles24€31k€16k▼
Other tangible fixed assets26-€0
Financial fixed assets28€4k€5k▲
Current assets29/58€527k€1.04M▲
Amounts receivable within one year40/41€452k€967k▲
Trade receivables40€444k€967k▲
Other amounts receivable41€8k€100▼
Cash at bank and in hand54/58€33k€56k▲
Deferred charges and accrued income490/1€42k€17k▼
Equity and liabilities
Total equity and liabilities10/49€568k€1.06M▲
Equity10/15€168k€173k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€15k€15k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€91k€96k▲
Amounts payable17/49€399k€889k▲
Amounts payable within one year42/48€399k€889k▲
Financial debts43€15k€300k▲
Credit institutions430/8€15k€300k▲
Trade debts44€175k€150k▼
Suppliers440/4€175k€150k▼
Advances received on contracts in progress46-€198k
Taxes, remuneration and social security45€209k€241k▲
Taxes450/3€134k€153k▲
Remuneration and social security454/9€75k€87k▲
Other amounts payable47/48-€0
Income statement
Code20242025
Turnover70€1.91M-
Non-recurring operating income76A-€8k
Goods, raw materials, services and sundry goods60/61€1.08M-
Remuneration, social security and pensions62€729k€862k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€5k€14k▲
Gross operating margin9900€859k€925k▲
Operating profit (loss)9901€102k€24k▼
Financial income75/76B-€37
Recurring financial income75-€37
Financial charges65/66B€6k€17k▲
Recurring financial charges65€6k€17k▲
Profit (loss) for the period before taxes9903€96k€6k▼
Income taxes67/77€30k€1k▼
Profit (loss) for the period9904€65k€5k▼
Profit (loss) for the period to be appropriated9905€65k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€91k€96k▲
Profit (loss) brought forward from the previous period14P€26k€91k▲
Social balance
Average headcount (FTE)90878.88.9▲
The notes to these accounts (16 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 19 days late
2025
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €65k ▲26.3%
Operating result €102k, net result €65k, both a record.
31-12
Financial
Equity above €150kEq €168k ▲63.3%
6 profitable years in a row build equity to €168k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €100kEq €103k ▲8.3%
5 profitable years in a row build equity to €103k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Waterloo · 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.
Drève Richelle 1611410 WaterlooGround area
1.0 ha
Building footprint
1,772 m²
Volume, LiDAR
33,713 m³
Parcel 25763M0621/00F000, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Drève Richelle 161, 1410 Waterloo
since 20092.232.285.249
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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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ILUVIA
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,211 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 formPublic limited company
Founded30-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.conceptcontrol.be
E-mail:info@conceptcontrol.com