Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Concept and Research from Elsene, company number BE0421274661, closed financial year 2025 with a result of € 686 after tax. For that financial year Concept and Research recorded a gross margin of € 7,001 and equity of € -5,082. Compared with financial year 2024, the result moved from € -10,158 to € 686. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ -5,082
▲ € 686 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 686
▲ still € 10,158 loss in 2024
Profit after tax over the fiscal year.
€ 358
▲ 150% 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 € -23,670.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,896
▲ 5% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 2,164
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,855
▼ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 1,923
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,547
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,946 | € 17,415 | € -3,355 | € 7,001 | ▲ € 10,355 |
| Profit after taxes | € -364 | € 4,188 | € -10,158 | € 686 | ▲ € 10,844 |
| Equity | € 203 | € 4,390 | € -5,768 | € -5,082 | ▲ € 686 |
| Total debts | € 25,063 | € 17,304 | € 21,246 | € 22,611 | ▲ 6% |
| Cash | € 610 | € 83 | € 143 | € 358 | ▲ 150% |
| Retained profit | € -18,386 | € -14,198 | € -24,357 | € -23,670 | ▲ € 686 |
| Bank debt | € 11,044 | € 9,663 | € 5,468 | € 4,855 | ▼ 11% |
| Balance sheet total | € 25,266 | € 21,694 | € 15,478 | € 17,529 | ▲ 13% |
Key figures of Concept and Research, 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 Concept and Research?
What happened at Concept and Research in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 686. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 364 loss in 2022 to € 686 profit in 2025.
Paid € 6,913 in corporate taxes since 2022.
Best year ever: 2023, with € 4,188 profit.
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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
Behind Concept and Research is Samuel Grauer.
Directors
According to the 2025 annual accounts
Samuel Grauer
Manager
Establishments
Establishment units
Physical locations of this company
Woudlaan 8
1050 Elsene
Woudlaan 8 box 2
1050 Elsene
Active since 11 February 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.274.661
- VAT number
- BE 0421.274.661
- Registered office
- Woudlaan 8, 1050 Elsene
- Names & denominations
- Concept and Research · Co. Re
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1981
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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