Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CONCEPTION, ETUDES ET COOPERATION DE FORMATION from Liège, company number BE0419831539, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year CONCEPTION, ETUDES ET COOPERATION DE FORMATION recorded revenue of € 55.1 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 579,210 to € 1.4 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 6.4 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ 140% vs 2024
Profit after tax over the fiscal year.
€ 4 million
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.1 million.
People and assets in 2025
34.2
▼ 8.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▼ 15% vs 2024
€ 71,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,837
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17.3 million
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 7.4 million
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 922,229
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,326,692 | € 39,795,610 | € 46,597,766 | € 55,133,700 | ▲ 18% |
| Profit after taxes | € 1,016,480 | € 482,734 | € 579,210 | € 1,391,022 | ▲ 140% |
| Equity | € 3,945,410 | € 4,428,144 | € 5,007,354 | € 6,398,376 | ▲ 28% |
| Total debts | € 20,525,212 | € 29,140,192 | € 30,936,451 | € 31,783,425 | ▲ 3% |
| Cash | € 2,311,773 | € 763,728 | € 8,585,891 | € 4,012,649 | ▼ 53% |
| Retained profit | € 1,615,410 | € 2,098,144 | € 2,677,354 | € 4,068,376 | ▲ 52% |
| Bank debt | € 7,126,857 | € 9,360,032 | € 19,909,705 | € 17,285,287 | ▼ 13% |
| Balance sheet total | € 24,508,709 | € 33,568,336 | € 35,943,805 | € 38,204,601 | ▲ 6% |
| Employees (FTE) | 35.8 | 40.8 | 43.1 | 34.2 | ▼ 8.9 |
Key figures of CONCEPTION, ETUDES ET COOPERATION DE FORMATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CONCEPTION, ETUDES ET COOPERATION DE FORMATION?
What happened at CONCEPTION, ETUDES ET COOPERATION DE FORMATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Financière Saint-Paul SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▲ 140% vs 2024). Source: NBB ↗
- SRL MONDO TVA stepped down as director. NBB
- Eric De Keuleneer stepped down as director. NBB
- LBMC SRL stepped down as director. NBB
- Noisy neighbours SRL stepped down as director. NBB
- SRL MONDO TVA became a director. NBB
- Eric De Keuleneer became a director. NBB
In short
From € 1 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.4 million profit.
Pays suppliers within 52 days on average.
A new publication or filing at CONCEPTION, ETUDES ET COOPERATION DE FORMATION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FINANCIERE SAINT PAUL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONCEPTION, ETUDES ET COOPERATION DE FORMATIONThe shares are held by FINANCIERE SAINT PAUL (100%). It owns 84% of COBEPEX sa and 76% of CECOFORMA Maroc SARL itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2026
Eric De Keuleneer
Director
since 2025 · until 2026
Managing director · represented by Stephan UHODA
Also active at: GILOPS GROUP, HESBYMAZOUT, UHODA S.A., U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY, Immo centre-ville +27 more
since 2023 · until 2029
Alford Stuart
Director
since 2023 · until 2025
Director · represented by Laurent Burette
Also active at: HESBYMAZOUT, U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY, Immo centre-ville, HÔTEL DE CLERCX, HENROTTE & CIE S.A. +19 more
since 2023 · until 2026
Director · represented by Stuart Alford
Also active at: INSTANT NEWS SERVICES, EUROPA EXPO
since 2025 · until 2026
Shareholders
Participations
84%
CECOFORMA Maroc SARL
76%
Establishments
Establishment units
Physical locations of this company
Rue Léon-Frédéricq 14
4020 Liège
Wetstraat 42
1000 Brussel
Active since 8 August 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →UHODA S.A. same network
€ 49.9 million revenue · 2025
U.D.S. same network
€ 104,923 revenue · 2025
M.E.I. COMPANY same network
€ 13,708 revenue · 2025
SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION same network
€ -4,097 gross margin · 2025
HAECHTIFY same network
€ 9,073 revenue · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.831.539
- VAT number
- BE 0419.831.539
- Registered office
- Rue Léon-Frédéricq 14, 4020 Liège
- Names & denominations
- CONCEPTION, ETUDES ET COOPERATION DE FORMATION · CECOFORMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1979
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Organisatie van congressen en beurzen
Technische studiën en ingenieursactiviteiten
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Groothandel in andere machines en werktuigen, neg
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