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.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Concept 17 from Tielt-Winge, company number BE0521920673, closed financial year 2025 with a result of € 21,709 after tax. For that financial year Concept 17 recorded a gross margin of € 29,828 and equity of € -43,319. Compared with financial year 2024, the result moved from € 18,346 to € 21,709. Profitable, and profit is growing. 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 May 28, 2026.
€ -43,319
▲ € 21,709 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,709
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 8,129
▲ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -55,719.
Debts at end 2025
€ 12,195
▼ 46% vs 2024
€ 10,432 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4,916
▲ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,372
▲ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,226 | € 13,105 | € 25,822 | € 29,828 | ▲ 16% |
| Profit after taxes | € 6,597 | € 16,853 | € 18,346 | € 21,709 | ▲ 18% |
| Equity | € -100,227 | € -83,374 | € -65,028 | € -43,319 | ▲ € 21,709 |
| Total debts | € 126,799 | € 134,856 | € 87,129 | € 61,421 | ▼ 30% |
| Cash | € 1,690 | € 23,096 | € 4,795 | € 8,129 | ▲ 70% |
| Retained profit | € -112,627 | € -95,774 | € -77,428 | € -55,719 | ▲ € 21,709 |
| Bank debt | € 47,755 | € 32,341 | € 22,386 | € 12,195 | ▼ 46% |
| Balance sheet total | € 26,572 | € 51,482 | € 22,101 | € 18,102 | ▼ 18% |
Key figures of Concept 17, 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 Concept 17?
What happened at Concept 17 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,709 (▲ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,597 profit in 2022 to € 21,709 profit in 2025.
Paid € 21,190 in corporate taxes since 2022.
Best year ever: 2025, with € 21,709 profit.
A new publication or filing at Concept 17? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Concept 17 are Karen Van der Borght and Gust Wera.
Directors
According to the 2025 annual accounts
Karen Van der Borght
Director
Gust Wera
Director
Establishments
Establishment units
Physical locations of this company
Tombergstraat 5
3390 Tielt-Winge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0521.920.673
- VAT number
- BE 0521.920.673
- Registered office
- Tombergstraat 5, 3390 Tielt-Winge
- Names & denominations
- Concept 17
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2013
- Peppol
- Active · Active since 30 Dec 2025
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