SUBCON is a metalworking company in Izegem. Public Limited, started on 21 September 1990, 1 establishment.

What is the address of SUBCON?

The registered office of SUBCON is located at Stuivenbergstraat 106, 8870 Izegem.

Is SUBCON still active?

Yes. According to the CBE (29 October 2026) SUBCON is active, legal situation “Normale toestand”, started on 21 September 1990.

Is SUBCON registered on Peppol?

Yes, SUBCON is registered on the Peppol network with ID 0208:0441857269.

What is the enterprise number of SUBCON?

The enterprise number of SUBCON is BE0441857269.

When was SUBCON founded?

SUBCON was founded on 21 September 1990.

Who are the directors of SUBCON?

According to the 2025 annual accounts, the directors of SUBCON are: Maseka BV, Boutech BV, Leonel Boucherie.

Is SUBCON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 September 1990; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SUBCON make in 2025?

SUBCON recorded a loss after taxes of € 101,831 in financial year 2025.

What is the revenue of SUBCON?

In its most recent annual accounts (2025), SUBCON reported revenue of € 3,368,581.

How much does an employee at SUBCON earn?

The average wage cost per full-time employee at SUBCON was € 77,700 in 2025: staff costs of € 2.6 million for 33.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SUBCON have?

According to the 2025 annual accounts, SUBCON has 33.5 full-time equivalents (FTE).

SUBCON (Public Limited) - Izegem - BE0441857269

Dossier SUBCON, printed on 29 October 2026 from databakkes.be/en/0441857269/subcon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SUBCON from Izegem, company number BE0441857269, closed financial year 2025 with a result of € -101,831 after tax. For that financial year SUBCON recorded revenue of € 3.4 million and equity of € 970,225. Compared with financial year 2024, the result moved from € 5,868 to € -101,831. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Healthy

€ 970,225

▼ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -101,831

▼ still € 5,868 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 16,038

▼ 97% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 908,225.

People and assets in 2025

Full-time equivalents

33.5

▼ 1.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 513,661 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.6 million

▼ 1% vs 2024

€ 77,700 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.

Vehicles and equipment

€ 945,299

▼ 14% vs 2024

Of which on lease € 937,275.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 874,094

▼ 31% vs 2024

€ 224,551 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 66,433

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.

Taxes and wages

€ 335,496

▲ 35% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 3,288,390 Revenue 2022: € 3,288,390 First fiscal year in the series	€ 3,487,961 Revenue 2023: € 3,487,961 ▲ 6% vs 2022 (€ 3,288,390) Favourable step	€ 3,498,977 Revenue 2024: € 3,498,977 Unchanged (€ 3,487,961) Favourable step	€ 3,368,581 Revenue 2025: € 3,368,581 ▼ 4% vs 2024 (€ 3,498,977) Unfavourable step	▼ 4%
Profit after taxes	€ 117,500 Profit after taxes 2022: € 117,500 First fiscal year in the series	€ 28,950 Profit after taxes 2023: € 28,950 ▼ 75% vs 2022 (€ 117,500) Unfavourable step	€ 5,868 Profit after taxes 2024: € 5,868 ▼ 80% vs 2023 (€ 28,950) Unfavourable step	€ -101,831 Profit after taxes 2025: € -101,831 ▼ € 107,699 vs 2024 (€ 5,868) Unfavourable step	▼ € 107,699
Equity	€ 1,037,238 Equity 2022: € 1,037,238 First fiscal year in the series	€ 1,066,188 Equity 2023: € 1,066,188 ▲ 3% vs 2022 (€ 1,037,238) Favourable step	€ 1,072,056 Equity 2024: € 1,072,056 ▲ 1% vs 2023 (€ 1,066,188) Favourable step	€ 970,225 Equity 2025: € 970,225 ▼ 9% vs 2024 (€ 1,072,056) Unfavourable step	▼ 9%
Total debts	€ 974,969 Total debts 2022: € 974,969 First fiscal year in the series	€ 1,872,502 Total debts 2023: € 1,872,502 ▲ 92% vs 2022 (€ 974,969) Unfavourable step	€ 1,588,443 Total debts 2024: € 1,588,443 ▼ 15% vs 2023 (€ 1,872,502) Favourable step	€ 1,276,023 Total debts 2025: € 1,276,023 ▼ 20% vs 2024 (€ 1,588,443) Favourable step	▼ 20%
Cash	€ 851,827 Cash 2022: € 851,827 First fiscal year in the series	€ 169,007 Cash 2023: € 169,007 ▼ 80% vs 2022 (€ 851,827) Unfavourable step	€ 594,173 Cash 2024: € 594,173 ▲ 252% vs 2023 (€ 169,007) Favourable step	€ 16,038 Cash 2025: € 16,038 ▼ 97% vs 2024 (€ 594,173) Unfavourable step	▼ 97%
Retained profit	€ 975,238 Retained profit 2022: € 975,238 First fiscal year in the series	€ 1,004,188 Retained profit 2023: € 1,004,188 ▲ 3% vs 2022 (€ 975,238) Favourable step	€ 1,010,056 Retained profit 2024: € 1,010,056 ▲ 1% vs 2023 (€ 1,004,188) Favourable step	€ 908,225 Retained profit 2025: € 908,225 ▼ 10% vs 2024 (€ 1,010,056) Unfavourable step	▼ 10%
Bank debt	€ 568,762 Bank debt 2022: € 568,762 First fiscal year in the series	€ 1,403,239 Bank debt 2023: € 1,403,239 ▲ 147% vs 2022 (€ 568,762) Unfavourable step	€ 1,270,995 Bank debt 2024: € 1,270,995 ▼ 9% vs 2023 (€ 1,403,239) Favourable step	€ 874,094 Bank debt 2025: € 874,094 ▼ 31% vs 2024 (€ 1,270,995) Favourable step	▼ 31%
Balance sheet total	€ 2,012,207 Balance sheet total 2022: € 2,012,207 First fiscal year in the series	€ 2,938,690 Balance sheet total 2023: € 2,938,690 ▲ 46% vs 2022 (€ 2,012,207) Unchanged	€ 2,660,499 Balance sheet total 2024: € 2,660,499 ▼ 9% vs 2023 (€ 2,938,690) Unchanged	€ 2,246,248 Balance sheet total 2025: € 2,246,248 ▼ 16% vs 2024 (€ 2,660,499) Unchanged	▼ 16%
Employees (FTE)	33.5 Employees (FTE) 2022: 33.5 First fiscal year in the series	33.4 Employees (FTE) 2023: 33.4 ▼ 0.1 vs 2022 (33.5) Unchanged	35.1 Employees (FTE) 2024: 35.1 ▲ 1.7 vs 2023 (33.4) Unchanged	33.5 Employees (FTE) 2025: 33.5 ▼ 1.6 vs 2024 (35.1) Unchanged	▼ 1.6

Key figures of SUBCON, 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 SUBCON?

What happened at SUBCON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 10, 2026 New annual accounts for financial year 2025: loss of € 101,831 (▼ € 107,699 vs 2024). Source: NBB ↗
2025 Leonel Boucherie stepped down as director. NBB
Mar 18, 1991 New establishment in Izegem. KBO
Sep 21, 1990 Start of the company according to the CBE. KBO

In short

From € 117,500 profit in 2022 to € 101,831 loss in 2025.

Best year ever: 2022, with € 117,500 profit.

Pays suppliers within 40 days on average.

Original PDFs at the National Bank ↗

Management

B.B.M. II 100%

The stake of B.B.M. II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SUBCON

Behind SUBCON are Maseka BV and Boutech BV. The shares are held by B.B.M. II (100%).

Directors

According to the 2025 annual accounts

Maseka BV

Managing director · represented by Lisa Boucherie

Also active at: Macome, GB BOUCHERIE, L.B.I., B.B.M. II

Boutech BV

Managing director · represented by Bart Boucherie

Also active at: G.B.O. GEREEDSCHAPPEN, L.B.I.

Leonel Boucherie

Managing director

Also active at: Macome, GB BOUCHERIE, L.B.I., ANPOBA

· until 2025

Shareholders

B.B.M. II

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Stuivenbergstraat 106

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

FIRMA G.B. BOUCHERIE

€ 149,994 revenue · 2025

Macome same network

€ 2.9 million revenue · 2025

G.B.O. GEREEDSCHAPPEN same network

€ 68,145 revenue · 2025

GB BOUCHERIE same network

€ 20.6 million revenue · 2025

L.B.I. same network

€ 3.1 million revenue · 2025

+4 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

0441.857.269

VAT number

BE 0441.857.269

Registered office

Stuivenbergstraat 106, 8870 Izegem

Names & denominations

SUBCON

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 September 1990

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Vervaardiging van andere machines voor specifieke doeleinden neg

View on CBE Public ↗ Annual accounts (NBB) ↗

SUBCON

Financials

What happened to SUBCON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions