Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOTAL CONCEPT from Binche, company number BE0455005422, closed financial year 2025 with a result of € -10,936 after tax. For that financial year TOTAL CONCEPT recorded a gross margin of € 204 and equity of € -90,059. Compared with financial year 2024, the result moved from € 15,209 to € -10,936. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ -90,059
▼ € 10,936 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,936
▼ still € 15,209 profit in 2024
Profit after tax over the fiscal year.
€ 4,969
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -265,519.
Debts at end 2025
€ 33,792
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 8,221
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,473
▼ 77% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 219,860 | € -31,584 | € -5,278 | € 204 | ▲ € 5,482 |
| Profit after taxes | € -80,813 | € -72,981 | € 15,209 | € -10,936 | ▼ € 26,144 |
| Equity | € -21,351 | € -94,332 | € -79,124 | € -90,059 | ▼ € 10,936 |
| Total debts | € 375,597 | € 245,095 | € 118,603 | € 97,498 | ▼ 18% |
| Cash | € 7,415 | € 7,415 | € 7,412 | € 4,969 | ▼ 33% |
| Retained profit | € -194,951 | € -267,932 | € -254,584 | € -265,519 | ▼ € 10,936 |
| Bank debt | € 31,314 | € 30,375 | € 34,887 | € 33,792 | ▼ 3% |
| Balance sheet total | € 354,246 | € 150,763 | € 39,480 | € 7,439 | ▼ 81% |
Key figures of TOTAL CONCEPT, 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 January 2027.
What happened to TOTAL CONCEPT?
What happened at TOTAL CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,936 (▼ € 26,144 vs 2024). filed late Source: NBB ↗
- New establishment in Binche. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,813 loss in 2022 to € 10,936 loss in 2025.
Best year ever: 2024, with € 15,209 profit.
Management
Behind TOTAL CONCEPT are Michel Maigre, Pierre Watremez and VALVIN SA. Michel Maigre is also behind Maxime Maigre et Fils and UPPTOWN PRIVATE EQUITY FUND.
Directors
According to the 2025 annual accounts
Pierre Watremez
Director
Associate · represented by Vincent GARIN
Establishments
Establishment units
Physical locations of this company
Avenue Léopold III(PER) 15
7134 Binche
Rue des Pastures(BIN) 14B
7130 Binche
Active since 6 July 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0455.005.422
- VAT number
- BE 0455.005.422
- Registered office
- Avenue Léopold III(PER) 15, 7134 Binche
- Names & denominations
- TOTAL CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1995
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Schilderen van gebouwen
Algemene elektrotechnische installatiewerken
Vervaardiging van verlichtingsapparaten
Detailhandel in huismeubilair
Detailhandel in meubels
Elektrische installatie
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