CONCEPT WORKS
ActiveCONCEPT WORKS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €8k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 9386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-23
Solvency99▼-1
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 2.93 in 2024), and 36.8% 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○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 · 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
63.2%
Return on assets
9.8%
Age of the figures
8 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
119 d early
2023
39 d early
2022
41 d early
2021
6 d early
2020
19 d late
2019
27 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k=
2024 · €51k
2018: €32k
2019: €33k
2020: €40k
2021: €45k
2022: €34k
2023: €38k
2024: €51k
2018 → 2025
Total assets
€80k▲ 9.3%
2024 · €73k
2018: €48k
2019: €42k
2020: €62k
2021: €65k
2022: €60k
2023: €72k
2024: €73k
2018 → 2025
Net result
€8k▼ 39.0%
2024 · €13k
2018: €8k
2019: €980
2020: €6k
2021: €5k
2022: €-11k
2023: €21k
2024: €13k
2018 → 2025
Working capital
€48k▲ 10.2%
2024 · €44k
2018: €29k
2019: €30k
2020: €33k
2021: €36k
2022: €25k
2023: €30k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€34k▼ 24.6%€38k▲ 11.7%€51k▲ 34.0%€51k=
Operating result€10k-€-10k€29k€22k▼ 24.9%€13k▼ 39.4%
Net result€5k-€-11k€21k€13k▼ 37.7%€8k▼ 39.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€2k▼ 65.1%
Current assets
€78k▲ 17.0%
Equity and liabilities €80k
Equity
€51k=
Debt
€30k▲ 30.2%
The debt ratio rises from 30.9% to 36.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€18k▼
2024 · €26k
Cash flow
€12k▼
2024 · €17k
Solvency
63.2%▼
2024 · 69.1%
Current ratio
2.64▼
2024 · 2.93
Quick ratio
1.41▼
2024 · 1.75
Debt / equity
0.58▲
2024 · 0.45
ROE
15.5%▼
2024 · 25.4%
ROA
9.8%▼
2024 · 17.5%
Interest coverage
11.29▼
2024 · 11.88
Debt
€30k▲
2024 · €23k
Debt ≤ 1 year
€30k▲
2024 · €23k
Income taxes
€4k▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€80k▲
Fixed assets21/28€7k€2k▼
Intangible fixed assets21€717€477▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€25€25=
Current assets29/58€67k€78k▲
Stocks and contracts in progress3€27k€36k▲
Stocks30/36€27k€36k▲
Amounts receivable within one year40/41€22k€21k▼
Trade receivables40€21k€18k▼
Other amounts receivable41€765€3k▲
Cash at bank and in hand54/58€16k€20k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€73k€80k▲
Equity10/15€51k€51k=
Contributions10/11€25k€25k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€23k€30k▲
Amounts payable within one year42/48€23k€30k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€99€230▲
Other loans439€99€230▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€14k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€28k€19k▼
Operating profit (loss)9901€22k€13k▼
Financial income75/76B€0€70▲
Recurring financial income75€0€70▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€20k€12k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€13k€8k▼
Profit (loss) for the period to be appropriated9905€13k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€8k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€13k€0▼
To other reserves6921€13k€0▼
Profit to be distributed694/7€0€8k▲
Return on contributions (dividend)694€0€8k▲
The notes to these accounts (13 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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-11k ▼303%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
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, Lierde · 1 establishment unit since 2014
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.
Kakebeke 389570 LierdeGround area
2,446 m²
Building footprint
123 m²
Volume, LiDAR
625 m³
Parcel 45050A0990/00K000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CONCEPT WORKS
since 20142.236.817.426
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45050A0990/00K000 | Flanders | 2,446 m² | 1 · 123 m² | 7.2 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.
Similar companies · same sector, comparable size
ATELIER D'ARCHITECTURE PONCELET
BE 0781.659.553
Erquelinnes · Eq €51k
WELSCH
BE 0798.822.912
Waasmunster · Eq €51k
SC Architecte
BE 0747.466.360
Chaudfontaine · Eq €51k
DELARBRE ARCHITECTES
BE 1008.954.309
Comblain-au-Pont · Eq €51k
JV ARCHITECT
BE 0801.877.719
Glabbeek · Eq €51k
Of 18,210 companies in sector 71111 we hold annual accounts for 6,293. 5,316 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2014
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
18130Pre-press and pre-media services
74109Other professional, scientific and technical activities
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.