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P-Concept-Construct

Active
Private limited companyfounded 20178 yrs activeBeukendreef 1, 9230 Wetteren, BelgiumKBO/BCE: BE 0681.818.245

P-Concept-Construct has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €77k. Equity is shrinking by ~45.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency26▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
1.5%
Return on assets
37.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 11614 sector peers (2024).
NBB · sector comparison
Position among 11614 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
69 d early
2021
73 d early
2020
88 d early
2019
93 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€3k=
2023 · €3k
2018: €57k 2019: €159k 2020: €233k 2021: €47k 2022: €60k 2023: €3k
2018 → 2024
Total assets
€204k▲ 7.3%
2023 · €190k
2018: €88k 2019: €198k 2020: €271k 2021: €119k 2022: €149k 2023: €190k
2018 → 2024
Net result
€77k▲ 71.4%
2023 · €45k
2018: €50k 2019: €91k 2020: €74k 2021: €44k 2022: €92k 2023: €45k
2018 → 2024
Working capital
€-32k▲ 28.8%
2023 · €-45k
2018: €33k 2019: €142k 2020: €221k 2021: €42k 2022: €4k 2023: €-45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€233k-€47k▼ 80.0%€60k▲ 29.6%€3k▼ 95.0%€3k=
Operating result€93k-€56k▼ 39.8%€118k▲ 110%€57k▼ 51.9%€97k▲ 71.6%
Net result€74k-€44k▼ 40.6%€92k▲ 112%€45k▼ 51.3%€77k▲ 71.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €93k€93kNet result 2020: €74k€74kOperating result 2021: €56k€56kNet result 2021: €44k€44kOperating result 2022: €118k€118kNet result 2022: €92k€92kOperating result 2023: €57k€57kNet result 2023: €45k€45kOperating result 2024: €97k€97kNet result 2024: €77k€77k20202021202220232024
The operating result recovers in 2024; 2024 is 72% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €204k
Fixed assets €35k▼ 27.0%
Current assets €169k▲ 18.9%
Equity and liabilities €204k
Equity €3k=
Debt €201k▲ 7.4%
The debt ratio rises from 98.4% to 98.5%. Debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€110k
2023 · €69k
Cash flow
€90k
2023 · €58k
Solvency
1.5%
2023 · 1.6%
Current ratio
0.84
2023 · 0.76
Quick ratio
0.84
2023 · 0.76
Debt / equity
66.98
2023 · 62.34
ROA
37.9%
2023 · 23.7%
Interest coverage
-5712.91
2023 · 4500.24
Debt
€201k
2023 · €187k
Debt ≤ 1 year
€201k
2023 · €187k
Income taxes
€20k
2023 · €12k
A ratio outside any meaningful range has been withheld (balance sheet total €204k, equity €3k).
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€190k€204k
Fixed assets21/28€48k€35k
Tangible fixed assets22/27€48k€35k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€44k€32k
Current assets29/58€142k€169k
Amounts receivable within one year40/41€27k€24k
Trade receivables40€14k€19k
Other amounts receivable41€13k€5k
Cash at bank and in hand54/58€113k€143k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€190k€204k
Equity10/15€3k€3k=
Contributions10/11€3k€3k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€0=
Amounts payable17/49€187k€201k
Amounts payable within one year42/48€187k€201k
Trade debts44€0€1k
Suppliers440/4€0€1k
Taxes, remuneration and social security45€15k€18k
Taxes450/3€12k€15k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€172k€181k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8€2k€1k
Gross operating margin9900€71k€112k
Operating profit (loss)9901€57k€97k
Financial income75/76B€3€0
Recurring financial income75€3€0
Financial charges65/66B€15€-19
Recurring financial charges65€15€-19
Profit (loss) for the period before taxes9903€57k€97k
Income taxes67/77€12k€20k
Profit (loss) for the period9904€45k€77k
Profit (loss) for the period to be appropriated9905€45k€77k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€77k
Transfer from equity791/2€57k€0
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€103k€77k
Return on contributions (dividend)694€103k€77k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €92k ▲112%
Operating result €118k, net result €92k, both a record.
19-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €44k ▼40.6%
Net result drops to €44k, the lowest in the series; recovery starts the following year.
04-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €200kEq €233k ▲46.1%
3 profitable years in a row build equity to €233k.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity doublescurrent ratio 4.82
Current ratio from 2.10 to 4.82.
31-12
Financial Equity above €150kEq €159k ▲182%
2 profitable years in a row build equity to €159k.
13-06
NBB filing Annual accounts filed
fiscal year 2018 · 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, Wetteren · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Beukendreef 19230 Wetteren
Ground area
1,069 m²
Building footprint
239 m²
Volume, LiDAR
1,580 m³
Parcel 42302D0667/00R000, Flanders · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P-Concept-construct
Beukendreef 1, 9230 WetterenManufacture of jewellery
since 20172.268.361.034
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42302D0667/00R000 Flanders 1,069 m² 1 · 239 m² 15.7 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

Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 1,328 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-09-2017
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.