Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15.5 to 9.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
Vecon Concrete from Geraardsbergen, company number BE0544531472, closed financial year 2025 with a result of € -36,475 after tax. For that financial year Vecon Concrete recorded a gross margin of € 481,444 and equity of € 157,849. Compared with financial year 2023, the result moved from € 6,240 to € -36,475. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 157,849
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,475
▼ still € 6,240 profit in 2023
Profit after tax over the fiscal year.
€ 15,622
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 157,848.
People and assets in 2025
9
▼ 3.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 469,113
▼ 34% vs 2023
€ 52,100 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.
€ 1.6 million
▲ € 1.3 million vs 2023
Of which on lease € 1.6 million.
Debts at end 2025
€ 1.5 million
▲ 103% vs 2023
€ 191,584 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 72,628
▼ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 29,587
▼ 17% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,084,970 | € 1,105,052 | € 1,056,953 | € 481,444 | ▼ 54% |
| Profit after taxes | € -26,077 | € -130,450 | € 6,240 | € -36,475 | ▼ € 42,715 |
| Equity | € 274,877 | € 144,427 | € 150,668 | € 157,849 | ▲ 5% |
| Total debts | € 1,405,350 | € 1,172,877 | € 973,941 | € 1,653,403 | ▲ 70% |
| Cash | € 58,162 | € 156,430 | € 42,376 | € 15,622 | ▼ 63% |
| Retained profit | € 256,327 | € 125,877 | € 132,118 | € 157,848 | ▲ 19% |
| Bank debt | € 1,038,832 | € 907,288 | € 752,115 | € 1,529,697 | ▲ 103% |
| Balance sheet total | € 1,680,228 | € 1,317,304 | € 1,124,609 | € 1,811,252 | ▲ 61% |
| Employees (FTE) | 18 | 15.5 | 12.3 | 9 | ▼ 3.3 |
Key figures of Vecon Concrete, fiscal years 2021 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 Vecon Concrete?
What happened at Vecon Concrete in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Vecon Concrete is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 36,475 (▼ € 42,715 vs 2023). Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,077 loss in 2021 to € 36,475 loss in 2025.
Paid € 4,513 in corporate taxes since 2021.
Best year ever: 2023, with € 6,240 profit.
On average € 53,500 of value added per employee in 2025.
Management
Behind Vecon Concrete is Bjorn Van Droogenbroeck. Bjorn Van Droogenbroeck is also behind Vecon Construction.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Herenveld(Sch) 2
9500 Geraardsbergen
Gemeldorpseweg(Ned) 19
9500 Geraardsbergen
Active since 17 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →BEDRIJVENCENTRUM REGIO GERAARDSBERGEN
€ 140,151 gross margin · 2025
VINNOBLE
€ 63,005 gross margin · 2025
LIBEKO
WONINGBOUW TRIUMPH
€ -874 gross margin · 2025
KRALO
€ 35,702 gross margin · 2025
+3 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
- 0544.531.472
- VAT number
- BE 0544.531.472
- Registered office
- Herenveld(Sch) 2, 9500 Geraardsbergen
- Names & denominations
- Vecon Concrete · VECON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 7 January 2014
- Peppol
- Active · Active since 15 Jan 2025
- Activities · NACE
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