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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Concept Renovation from Oostende, company number BE0433023539, closed financial year 2025 with a result of € 57 after tax. For that financial year Concept Renovation recorded a gross margin of € 17,917 and equity of € -20,232. Compared with financial year 2024, the result moved from € -14,668 to € 57. 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 June 30, 2026.
€ -20,232
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57
▲ still € 14,668 loss in 2024
Profit after tax over the fiscal year.
€ 10,471
▲ 15% 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 € -26,432.
People and assets in 2025
€ 45,318
▼ 22% vs 2024
Of which on lease € 45,318.
Debts at end 2025
€ 36,773
▼ 23% vs 2024
€ 10,295 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 942
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 282
▲ 123% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,918 | € 40,839 | € -2,726 | € 17,917 | ▲ € 20,643 |
| Profit after taxes | € 2,471 | € 26,699 | € -14,668 | € 57 | ▲ € 14,724 |
| Equity | € -32,319 | € -5,620 | € -20,288 | € -20,232 | |
| Total debts | € 80,592 | € 82,847 | € 105,619 | € 91,732 | ▼ 13% |
| Cash | € 5,576 | € 31,471 | € 9,066 | € 10,471 | ▲ 15% |
| Retained profit | € -38,519 | € -11,820 | € -26,488 | € -26,432 | |
| Bank debt | € 20,791 | € 10,290 | € 47,708 | € 36,773 | ▼ 23% |
| Balance sheet total | € 48,273 | € 77,227 | € 85,330 | € 71,500 | ▼ 16% |
Key figures of Concept Renovation, 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 Renovation?
What happened at Concept Renovation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57. Source: NBB ↗
- New establishment in Rotselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,471 profit in 2022 to € 57 profit in 2025.
Paid € 409 in corporate taxes since 2022.
Best year ever: 2023, with € 26,699 profit.
Management
Behind Concept Renovation are ELS ROBYN and LEO VAN ROMPAEY.
Directors
According to the 2025 annual accounts
ELS ROBYN
Director
LEO VAN ROMPAEY
Director
Establishments
Establishment units
Physical locations of this company
Rose d'Ivrypark 35 box 402
8400 Oostende
Rigessel 34
3111 Rotselaar
Active since 19 May 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.023.539
- VAT number
- BE 0433.023.539
- Registered office
- Rose d'Ivrypark 35 bus 402, 8400 Oostende
- Names & denominations
- Concept Renovation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1987
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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