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 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
89 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
F. CONCEPT from Sint-Pieters-Woluwe, company number BE0478786951, closed financial year 2025 with a result of € -215,097 after tax. For that financial year F. CONCEPT recorded a gross margin of € 138,111 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 331,977 to € -215,097. 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 November 28, 2025.
€ 1.5 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -215,097
▼ still € 331,977 profit in 2024
Profit after tax over the fiscal year.
€ 75,979
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
People and assets in 2025
€ 1,371
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,086
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 977,499
▼ 13% vs 2024
€ 343,440 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 37,652
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,350
▼ 16% 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 | € 197,911 | € 366,959 | € 205,052 | € 138,111 | ▼ 33% |
| Profit after taxes | € 116,001 | € 51,891 | € 331,977 | € -215,097 | ▼ € 547,074 |
| Equity | € 1,348,820 | € 1,400,711 | € 1,732,688 | € 1,517,592 | ▼ 12% |
| Total debts | € 1,909,435 | € 1,729,961 | € 1,495,264 | € 1,324,460 | ▼ 11% |
| Cash | € 38,797 | € 129,246 | € 378,654 | € 75,979 | ▼ 80% |
| Land & buildings | € 3,014,432 | € 2,875,130 | € 2,764,015 | € 2,677,364 | ▼ 3% |
| Retained profit | € 1,092,620 | € 1,144,511 | € 1,476,488 | € 1,261,392 | ▼ 15% |
| Bank debt | € 1,479,034 | € 1,288,579 | € 1,117,262 | € 977,499 | ▼ 13% |
| Balance sheet total | € 5,999,855 | € 5,858,815 | € 5,494,585 | € 5,093,550 | ▼ 7% |
Key figures of F. CONCEPT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to F. CONCEPT?
What happened at F. 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 € 215,097 (▼ € 547,074 vs 2024). filed late Source: NBB ↗
- DIMITRI BELPAIRE became a director. NBB
- FREDERIC BELPAIRE became a director. NBB
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 116,001 profit in 2022 to € 215,097 loss in 2025.
Paid € 3,793 in corporate taxes since 2022.
Best year ever: 2024, with € 331,977 profit.
Management
Behind F. CONCEPT are FREDERIC BELPAIRE and DIMITRI BELPAIRE. It owns 60% of BELGO CONCEPT itself.
Directors
According to the 2025 annual accounts
FREDERIC BELPAIRE
Director
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 402
1150 Sint-Pieters-Woluwe
Waterloose Steenweg 198 box 4
1640 Sint-Genesius-Rode
Active since 4 February 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 89 companies are registered at this address.
All companies at this address →GAUTIER BENELUX
€ 44,923 gross margin · 2025
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€ 47,125 gross margin · 2025
ELECTRO- RESISTANCE
€ -19,177 gross margin · 2025
FRESHCLEAN
€ 15,821 gross margin · 2025
Immobilière de Sart-Messire-Guillaume
€ 434,984 gross margin · 2025
+84 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
- 0478.786.951
- VAT number
- BE 0478.786.951
- Registered office
- Tervurenlaan 402, 1150 Sint-Pieters-Woluwe
- Names & denominations
- F. CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2002
- Peppol
- Active · Active since 3 Sept 2026
- Activities · NACE
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