Active · per the CBE, 29 October 2026

NECON

BE0449805034

Rechtspersoon Private limited company 1 establishment

NECON is an insurance broker in Tongeren-Borgloon. Private Limited, started on 30 March 1993, 1 establishment.

Graethempoort 21 box 1, 3840 Tongeren-Borgloon

Behind the company: Frank Neven.

Active for

33 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NECON from Tongeren-Borgloon, company number BE0449805034, closed financial year 2025 with a result of € 9,840 after tax. For that financial year NECON recorded a gross margin of € 432,268 and equity of € 180,923. Compared with financial year 2024, the result moved from € 16,844 to € 9,840. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Growing

€ 180,923

▲ 6% vs 2024

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

Profit Healthy

€ 9,840

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,510

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 164,798.

People and assets in 2025

Wage cost

€ 278,668

▲ 2% vs 2024

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

€ 49,487

▲ 119% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 568,027

▼ 5% vs 2024

€ 103,872 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 28,984

▼ 56% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 53,708

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 236,848 € 349,819 € 402,476 € 432,268 ▲ 7%
Profit after taxes € 161 € 22,671 € 16,844 € 9,840 ▼ 42%
Equity € 131,569 € 154,240 € 171,084 € 180,923 ▲ 6%
Total debts € 625,967 € 552,294 € 726,565 € 656,704 ▼ 10%
Cash € 10,192 € 42,968 - € 10,510
Land & buildings € 408,894 € 396,553 € 384,212 € 371,871 ▼ 3%
Retained profit € 115,444 € 138,115 € 154,958 € 164,798 ▲ 6%
Bank debt € 512,975 € 444,053 € 598,174 € 568,027 ▼ 5%
Balance sheet total € 757,537 € 706,534 € 897,649 € 837,628 ▼ 7%

Key figures of NECON, 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 NECON?

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

  • New annual accounts for financial year 2025: profit of € 9,840 (▼ 42% vs 2024). Source: NBB ↗
  • New establishment in Tongeren-Borgloon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 161 profit in 2022 to € 9,840 profit in 2025.

Paid € 42,806 in corporate taxes since 2022.

Best year ever: 2023, with € 22,671 profit.

Management

Frank Neven

Behind NECON is Frank Neven. Frank Neven is also behind IGL and STEFAN JAEKEN.

Directors

According to the 2025 annual accounts

Frank Neven

Director

Also active at: IGL, STEFAN JAEKEN

Establishments

Establishment units

Physical locations of this company

Registered office

Graethempoort 21 box 1

3840 Tongeren-Borgloon

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0449.805.034
VAT number
BE 0449.805.034
Registered office
Graethempoort 21 bus 1, 3840 Tongeren-Borgloon
Names & denominations
NECON
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 March 1993
Peppol
Active · Active since 12 Feb 2025
Activities · NACE

Verzekeringsagenten en -makelaars

Verzekeringsmakelaars en -agenten

Frequently asked questions

What does NECON do?
NECON is an insurance broker in Tongeren-Borgloon. Private Limited, started on 30 March 1993, 1 establishment.
What is the address of NECON?
The registered office of NECON is located at Graethempoort 21 box 1, 3840 Tongeren-Borgloon.
Is NECON still active?
Yes. According to the CBE (29 October 2026) NECON is active, legal situation “Normale toestand”, started on 30 March 1993.
Is NECON registered on Peppol?
Yes, NECON is registered on the Peppol network with ID 0208:0449805034.
What is the enterprise number of NECON?
The enterprise number of NECON is BE0449805034.
When was NECON founded?
NECON was founded on 30 March 1993.