What does Euro Concept do?

Euro Concept is a specialised building contractor in Gent. Private Limited, started on 22 February 2016, 1 establishment.

What is the address of Euro Concept?

The registered office of Euro Concept is located at Frans van Ryhovelaan 159, 9000 Gent.

Is Euro Concept still active?

No. The CBE lists Euro Concept 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 Euro Concept registered on Peppol?

No, Euro Concept is currently not registered on the Peppol network.

What is the enterprise number of Euro Concept?

The enterprise number of Euro Concept is BE0648863088.

When was Euro Concept founded?

Euro Concept was founded on 22 February 2016.

Who are the directors of Euro Concept?

According to the 2024 annual accounts, the directors of Euro Concept are: Yener Karafil.

Is Euro Concept a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 22 February 2016; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did Euro Concept make in 2024?

Euro Concept recorded a loss after taxes of € 37,533 in financial year 2024.

What is the revenue of Euro Concept?

As a small company, Euro Concept is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 65,286.

How much does an employee at Euro Concept earn?

The average wage cost per full-time employee at Euro Concept was € 49,600 in 2022: staff costs of € 89,241 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Euro Concept (Private Limited) - Gent - BE0648863088

Dossier Euro Concept, printed on 1 November 2026 from databakkes.be/en/0648863088/euro-concept. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

Euro Concept from Gent, company number BE0648863088, closed financial year 2024 with a result of € -37,533 after tax. For that financial year Euro Concept recorded a gross margin of € 65,286 and equity of € 247,146. Compared with financial year 2023, the result moved from € -12,377 to € -37,533. 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 April 29, 2025.

What it is worth Healthy

€ 247,146

▼ 13% vs 2023

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

Loss Caution

€ -37,533

▼ 203 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 624

▼ 33% 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 € 228,546.

People and assets in 2024

Wage cost

€ 65,958

▼ 58% vs 2023

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

€ 7,413

▼ 16% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 36,657

▼ 11% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 49,410

▼ 69% vs 2023

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

Taxes and wages

€ 41,413

▲ 104% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 136,883 Gross margin 2021: € 136,883 First fiscal year in the series	€ 364,411 Gross margin 2022: € 364,411 ▲ 166% vs 2021 (€ 136,883) Favourable step	€ 168,345 Gross margin 2023: € 168,345 ▼ 54% vs 2022 (€ 364,411) Unfavourable step	€ 65,286 Gross margin 2024: € 65,286 ▼ 61% vs 2023 (€ 168,345) Unfavourable step	▼ 61%
Profit after taxes	€ 8,019 Profit after taxes 2021: € 8,019 First fiscal year in the series	€ 177,164 Profit after taxes 2022: € 177,164 ▲ € 169,144 vs 2021 (€ 8,019) Favourable step	€ -12,377 Profit after taxes 2023: € -12,377 ▼ € 189,540 vs 2022 (€ 177,164) Unfavourable step	€ -37,533 Profit after taxes 2024: € -37,533 ▼ € 25,156 vs 2023 (€ -12,377) Unfavourable step	▼ € 25,156
Equity	€ 164,891 Equity 2021: € 164,891 First fiscal year in the series	€ 297,055 Equity 2022: € 297,055 ▲ 80% vs 2021 (€ 164,891) Favourable step	€ 284,678 Equity 2023: € 284,678 ▼ 4% vs 2022 (€ 297,055) Unfavourable step	€ 247,146 Equity 2024: € 247,146 ▼ 13% vs 2023 (€ 284,678) Unfavourable step	▼ 13%
Total debts	€ 425,599 Total debts 2021: € 425,599 First fiscal year in the series	€ 266,947 Total debts 2022: € 266,947 ▼ 37% vs 2021 (€ 425,599) Favourable step	€ 223,598 Total debts 2023: € 223,598 ▼ 16% vs 2022 (€ 266,947) Favourable step	€ 127,480 Total debts 2024: € 127,480 ▼ 43% vs 2023 (€ 223,598) Favourable step	▼ 43%
Cash	-	€ 12,100 Cash 2022: € 12,100 First fiscal year in the series	€ 936 Cash 2023: € 936 ▼ 92% vs 2022 (€ 12,100) Unfavourable step	€ 624 Cash 2024: € 624 ▼ 33% vs 2023 (€ 936) Unfavourable step	▼ 33%
Retained profit	€ 146,291 Retained profit 2021: € 146,291 First fiscal year in the series	€ 278,455 Retained profit 2022: € 278,455 ▲ 90% vs 2021 (€ 146,291) Favourable step	€ 266,078 Retained profit 2023: € 266,078 ▼ 4% vs 2022 (€ 278,455) Unfavourable step	€ 228,546 Retained profit 2024: € 228,546 ▼ 14% vs 2023 (€ 266,078) Unfavourable step	▼ 14%
Dividend	€ 8,000 Dividend 2021: € 8,000 First fiscal year in the series	€ 45,000 Dividend 2022: € 45,000 ▲ € 37,000 vs 2021 (€ 8,000) Unchanged	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 45,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 219,143 Bank debt 2021: € 219,143 First fiscal year in the series	€ 39,507 Bank debt 2022: € 39,507 ▼ 82% vs 2021 (€ 219,143) Favourable step	€ 41,039 Bank debt 2023: € 41,039 ▲ 4% vs 2022 (€ 39,507) Unfavourable step	€ 36,657 Bank debt 2024: € 36,657 ▼ 11% vs 2023 (€ 41,039) Favourable step	▼ 11%
Balance sheet total	€ 590,490 Balance sheet total 2021: € 590,490 First fiscal year in the series	€ 564,002 Balance sheet total 2022: € 564,002 ▼ 4% vs 2021 (€ 590,490) Unchanged	€ 508,276 Balance sheet total 2023: € 508,276 ▼ 10% vs 2022 (€ 564,002) Unchanged	€ 374,625 Balance sheet total 2024: € 374,625 ▼ 26% vs 2023 (€ 508,276) Unchanged	▼ 26%
Employees (FTE)	-	1.8 Employees (FTE) 2022: 1.8 First fiscal year in the series	-	-

Key figures of Euro Concept, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.

What happened to Euro Concept?

What happened at Euro Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Euro Concept is active according to the CBE. Legal situation: Opening faillissement.

Apr 29, 2025 New annual accounts for financial year 2024: loss of € 37,533. Source: NBB ↗
Feb 26, 2016 New establishment in Gent. KBO
Feb 22, 2016 Start of the company according to the CBE. KBO

In short

From € 8,019 profit in 2021 to € 37,533 loss in 2024.

Paid € 60,779 in corporate taxes since 2021.

Best year ever: 2022, with € 177,164 profit.

On average € 202,500 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Yener Karafil

Euro Concept

Behind Euro Concept is Yener Karafil.

Directors

According to the 2024 annual accounts

Yener Karafil

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Frans van Ryhovelaan 159

9000 Gent

2.250.689.812

Frans van Ryhovelaan 159 box GV

9000 Gent

Active since 26 February 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

DOAN RENOVATIE & SCHOONMAAK

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0648.863.088

VAT number

BE 0648.863.088

Registered office

Frans van Ryhovelaan 159, 9000 Gent

Names & denominations

Euro Concept

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

22 February 2016

Peppol

Not registered

Activities · NACE

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Activiteiten van holdings

Overige werkzaamheden in verband met de afwerking van gebouwen

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

Groothandel in bouwmaterialen, algemeen assortiment

Handel in eigen onroerend goed

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Euro Concept

Warning lights

Financials

What happened to Euro Concept?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions