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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CONCORDE from Wervik, company number BE0451977339, closed financial year 2025 with a result of € 306,991 after tax. For that financial year CONCORDE recorded a gross margin of € 898,549 and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 653,590 to € 306,991. The company is profitable. 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 April 30, 2026.
€ 6.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 306,991
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 36,580
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 345,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 64,098
▲ 2% vs 2024
€ 64,100 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.
€ 88,587
▲ € 72,076 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 945,000
▼ 38% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 63,298
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,021
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,079,298 | € 823,808 | € 1,123,225 | € 898,549 | ▼ 20% |
| Profit after taxes | € 481,751 | € 401,403 | € 653,590 | € 306,991 | ▼ 53% |
| Equity | € 6,518,133 | € 6,799,536 | € 6,878,126 | € 6,840,117 | ▼ 1% |
| Total debts | € 5,659,645 | € 7,069,093 | € 7,006,938 | € 6,575,084 | ▼ 6% |
| Cash | € 420,926 | € 171,846 | € 91,662 | € 36,580 | ▼ 60% |
| Land & buildings | € 7,732,269 | € 8,083,763 | € 7,503,403 | € 8,118,461 | ▲ 8% |
| Retained profit | € 5,783,506 | € 6,064,910 | € 6,143,500 | € 6,105,491 | ▼ 1% |
| Dividend | € 430,000 | € 120,000 | € 575,000 | € 345,000 | ▼ 40% |
| Bank debt | € 155,000 | € 1,485,000 | € 1,515,000 | € 945,000 | ▼ 38% |
| Balance sheet total | € 12,460,866 | € 14,111,276 | € 14,087,270 | € 13,576,966 | ▼ 4% |
| Employees (FTE) | 3 | 1 | 1 | 1 |
Key figures of CONCORDE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CONCORDE?
What happened at CONCORDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jacques Deny stepped down as director. NBB
- TOP-CLASS NV stepped down as director. NBB
- Clara Minne stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 306,991 (▼ 53% vs 2024). Source: NBB ↗
- Jacques Deny became a director. NBB
- TOP-CLASS NV became a director. NBB
- Clara Minne became a director. NBB
- New establishment in Wervik. KBO
In short
From € 481,751 profit in 2022 to € 306,991 profit in 2025.
Paid € 5,551 in corporate taxes since 2022.
Best year ever: 2024, with € 653,590 profit.
On average € 898,500 of value added per employee in 2025.
Management
The stake of TOP-CLASS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONCORDEThe shares are held by TOP-CLASS (75%). It owns 99% of SLW, 22.2% of AESCO, 20% of SUN INVEST, 20% of SUN INVEST III, 11.4% of Building Solar invest and 8% of LINEA TROVATA SUNTEC itself.
Directors
According to the 2025 annual accounts
Jacques Deny
Managing director
Also active at: TOP-CLASS, AESCO, CONCORDE INVEST, TOP-CLASS INVEST, SUN INVEST, SLW
since 2023 · until 2029
Managing director · represented by Tom Deny
Also active at: SUN INVEST III, VELDEMAN ENERGIES, SLW
since 2023 · until 2029
since 2023 · until 2029
Shareholders
75%
Participations
99%
22.2%
20%
20%
11.4%
Establishments
Establishment units
Physical locations of this company
Menensesteenweg 295
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →TOP-CLASS same network
€ 631,934 gross margin · 2025
EFK INTERNATIONAL
€ 1 million gross margin · 2025
CONCORDE INVEST same network
€ 2.3 million gross margin · 2025
TOP-CLASS INVEST same network
€ 1.6 million gross margin · 2025
JUNIS ENERGIES
€ 124,500 gross margin · 2025
+5 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
- 0451.977.339
- VAT number
- BE 0451.977.339
- Registered office
- Menensesteenweg 295, 8940 Wervik
- Names & denominations
- CONCORDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1993
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Vervaardiging van andere meubelen, neg
Ontwikkeling van residentiële bouwprojecten
Vervaardiging van andere meubelen, n.e.g.
+1