Financials
Financial year 2025
THE CONCEPT GROUP from Turnhout, company number BE0451638433, closed financial year 2025 with a result of € 898,217 after tax. For that financial year THE CONCEPT GROUP recorded revenue of € 11.8 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 928,091 to € 898,217. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 2.9 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 898,217
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 99,172
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 416,000 paid out
46 % of the profit went to the shareholders, mostly to TCOG Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
51.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▲ 4% vs 2024
€ 84,100 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.
€ 186,018
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 4% vs 2024
€ 742,699 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 943,921
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 560,766
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 11,315,505 | € 10,978,207 | € 11,831,763 | ▲ 8% |
| Gross margin | € 5,196,141 | - | - | - | |
| Profit after taxes | € 500,405 | € 1,354,948 | € 928,091 | € 898,217 | ▼ 3% |
| Equity | € 2,521,841 | € 2,310,909 | € 2,435,000 | € 2,917,217 | ▲ 20% |
| Total debts | € 2,711,047 | € 5,832,921 | € 6,106,116 | € 4,513,741 | ▼ 26% |
| Cash | € 359,602 | € 289,524 | € 614,445 | € 99,172 | ▼ 84% |
| Land & buildings | € 113,109 | € 82,192 | € 51,275 | € 20,358 | ▼ 60% |
| Retained profit | € 1,473,274 | € 1,253,722 | € 1,377,813 | € 1,860,029 | ▲ 35% |
| Dividend | € 0 | € 1,574,500 | € 804,000 | € 416,000 | ▼ 48% |
| Bank debt | € 411,695 | € 2,833,811 | € 2,413,048 | € 2,324,103 | ▼ 4% |
| Balance sheet total | € 5,232,888 | € 8,143,830 | € 8,541,116 | € 7,430,957 | ▼ 13% |
| Employees (FTE) | 52.3 | 51.9 | 52.1 | 51.9 | ▼ 0.2 |
Key figures of THE CONCEPT GROUP, 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 THE CONCEPT GROUP?
What happened at THE CONCEPT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 898,217 (▼ 3% vs 2024). Source: NBB ↗
- Midway BV became a director. NBB
- Carcis BV became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 500,405 profit in 2022 to € 898,217 profit in 2025.
Paid € 829,660 in corporate taxes since 2022.
Best year ever: 2023, with € 1.4 million profit.
On average € 99,400 of value added per employee in 2022.
Management
The stake of TCOG Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE CONCEPT GROUPBehind THE CONCEPT GROUP are TCOG Holding BV, Midway BV and Carcis BV. The shares are held by TCOG Holding (100%). It owns 100% of Total Concept Group BV itself.
Directors
According to the 2025 annual accounts
Director · represented by J.S. Karssen
Director · represented by Jimmy Depaepe
Also active at: Timm, TCOG Holding, EASY RETAIL CONCEPT
since 2022
Director · represented by Francis Adams
Also active at: Timm, TCOG Holding, EASY RETAIL CONCEPT
since 2022
Shareholders
100%
Participations
Total Concept Group BV
100%
Establishments
Establishment units
Physical locations of this company
Steenweg op Zevendonk 151
2300 Turnhout
Nijverheidsweg 1
9820 Merelbeke-Melle
Active since 1 October 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SNEL, NL
Website info
Features
Security
Details
- Company number
- 0451.638.433
- VAT number
- BE 0451.638.433
- Registered office
- Steenweg op Zevendonk 151, 2300 Turnhout
- Names & denominations
- THE CONCEPT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 1994
- Peppol
- Active · Active since 7 May 2025
- Contact
- tcog.be [email protected]
- Activities · NACE
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