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.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GB De Coninck from Merchtem, company number BE0678828170, closed financial year 2025 with a result of € -125,909 after tax. For that financial year GB De Coninck recorded a gross margin of € 131,985 and equity of € -783,081. Compared with financial year 2024, the result moved from € -171,614 to € -125,909. The company made a loss. 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 July 30, 2026.
€ -783,081
▼ € 125,909 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -125,909
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,352
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -833,081.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.6 million
Loans from banks and other lenders, long and short.
€ 4,322
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,086
▼ 12% 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 | € 127,698 | € 132,901 | € 132,494 | € 131,985 | |
| Profit after taxes | € -78,099 | € -133,654 | € -171,614 | € -125,909 | ▲ € 45,705 |
| Equity | € -351,904 | € -485,558 | € -657,171 | € -783,081 | ▼ € 125,909 |
| Total debts | € 2,980,229 | € 2,998,758 | € 3,129,182 | € 2,837,575 | ▼ 9% |
| Cash | € 71,385 | € 24,743 | € 29,449 | € 14,352 | ▼ 51% |
| Land & buildings | € 2,343,140 | € 2,223,160 | € 2,103,180 | € 1,983,200 | ▼ 6% |
| Retained profit | € -401,904 | € -535,558 | € -707,171 | € -833,081 | ▼ € 125,909 |
| Bank debt | € 2,600,000 | € 2,600,000 | € 2,600,000 | € 2,600,000 | |
| Balance sheet total | € 2,628,325 | € 2,513,201 | € 2,472,011 | € 2,054,494 | ▼ 17% |
Key figures of GB De Coninck, fiscal years 2022 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 GB De Coninck?
What happened at GB De Coninck in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 125,909. Source: NBB ↗
- Nustecom BV became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,099 loss in 2022 to € 125,909 loss in 2025.
A new publication or filing at GB De Coninck? 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
The stake of NUSTECOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GB De ConinckBehind GB De Coninck is Nustecom BV. The shares are held by NUSTECOM (100%).
Directors
According to the 2025 annual accounts
Director · represented by Nuis Steven
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Leopold IIIstraat 27
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.828.170
- VAT number
- BE 0678.828.170
- Registered office
- Koning Leopold IIIstraat 27, 1785 Merchtem
- Names & denominations
- GB De Coninck
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Ontwikkeling van residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis