Bankrupt · Opening faillissement (CBE)

Vecon Concrete

BE0544531472

Rechtspersoon Private limited company 2 establishments

Vecon Concrete is registered with the CBE as active in: Vervaardiging van andere artikelen van beton, cement en gips. Private Limited, started on 7 January 2014, 2 establishments.

Herenveld(Sch) 2, 9500 Geraardsbergen

Behind the company: Bjorn Van Droogenbroeck.

Start date

7 January 2014

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 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 15.5 to 9.

  • 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.

What it is worth Growing

€ 157,849

▲ 5% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -36,475

▼ still € 6,240 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 15,622

▼ 63% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 157,848.

People and assets in 2025

Full-time equivalents

9

▼ 3.3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 1.6 million

▲ € 1.3 million vs 2023

Of which on lease € 1.6 million.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 1.5 million

▲ 103% vs 2023

€ 191,584 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 72,628

▼ 61% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 29,587

▼ 17% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232025Change 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

Bjorn Van Droogenbroeck
Vecon Concrete

Behind Vecon Concrete is Bjorn Van Droogenbroeck. Bjorn Van Droogenbroeck is also behind Vecon Construction.

Directors

According to the 2025 annual accounts

Bjorn Van Droogenbroeck

Director

Also active at: Vecon Construction

Establishments

Establishment units

Physical locations of this company

Registered office

Herenveld(Sch) 2

9500 Geraardsbergen

2.332.434.482

Gemeldorpseweg(Ned) 19

9500 Geraardsbergen

Active since 17 May 2022

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

Vervaardiging van andere artikelen van beton, cement en gips

Vervaardiging van andere artikelen van beton, gips en cement

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers

Vervaardiging van stortklare beton

Frequently asked questions

What does Vecon Concrete do?
Vecon Concrete is registered with the CBE as active in: Vervaardiging van andere artikelen van beton, cement en gips. Private Limited, started on 7 January 2014, 2 establishments.
What is the address of Vecon Concrete?
The registered office of Vecon Concrete is located at Herenveld(Sch) 2, 9500 Geraardsbergen.
Is Vecon Concrete still active?
No. The CBE lists Vecon Concrete with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Vecon Concrete registered on Peppol?
Yes, Vecon Concrete is registered on the Peppol network with ID 0208:0544531472.
What is the enterprise number of Vecon Concrete?
The enterprise number of Vecon Concrete is BE0544531472.
When was Vecon Concrete founded?
Vecon Concrete was founded on 7 January 2014.