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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
CONCLUSION from Mont-de-l'Enclus, company number BE0439521549, closed financial year 2026 with a result of € -91,206 after tax. For that financial year CONCLUSION recorded a gross margin of € 28,215 and equity of € 59,910. Compared with financial year 2025, the result moved from € -96,859 to € -91,206. The company made a loss. The buffer shrank hard: equity is 60 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 59,910
▼ 60% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,206
▲ 6 % less loss than in 2025
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -438,334.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -22,785 | € 1,768 | € 23,355 | € 28,215 | ▲ 21% |
| Profit after taxes | € -80,479 | € -114,934 | € -96,859 | € -91,206 | ▲ € 5,654 |
| Equity | € 362,910 | € 247,976 | € 151,116 | € 59,910 | ▼ 60% |
| Total debts | € 1,849,424 | € 2,982,155 | € 2,960,088 | € 2,936,842 | ▼ 1% |
| Cash | € 3,166 | € 335 | € 0 | € 0 | ▼ 100% |
| Land & buildings | € 2,169,133 | € 3,198,533 | € 3,085,116 | € 2,971,700 | ▼ 4% |
| Retained profit | € -135,335 | € -250,269 | € -347,128 | € -438,334 | ▼ € 91,206 |
| Balance sheet total | € 2,212,333 | € 3,230,130 | € 3,111,204 | € 2,996,752 | ▼ 4% |
Key figures of CONCLUSION, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CONCLUSION?
What happened at CONCLUSION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sabine Spileers stepped down as director. NBB
- Marc Lannoo stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 91,206. Source: NBB ↗
- Sabine Spileers became a director. NBB
- Marc Lannoo became a director. NBB
- New establishment in Mont-de-l'Enclus. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,479 loss in 2023 to € 91,206 loss in 2026.
A new publication or filing at CONCLUSION? 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 Floresco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONCLUSIONThe shares are held by Floresco (93.4%).
Establishments
Establishment units
Physical locations of this company
Route provinciale(AN) 89
7750 Mont-de-l'Enclus
Route provinciale(AN) 25
7750 Mont-de-l'Enclus
Active since 7 January 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0439.521.549
- VAT number
- BE 0439.521.549
- Registered office
- Route provinciale(AN) 89, 7750 Mont-de-l'Enclus
- Names & denominations
- CONCLUSION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1989
- Peppol
- Not registered