Active · per the CBE, 29 October 2026
M CONCEPT logo

M CONCEPT

BE0681539321

Rechtspersoon Private limited company 1 establishment

M CONCEPT is a painting contractor in Saint-Ghislain. Private Limited, started on 19 September 2017, 1 establishment.

Rue O.Lombril(T) 12A, 7333 Saint-Ghislain mconceptcarrelage.be

Behind the company: YNVEST CONCEPT SRL.

Active for

9 year, 1 month

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 64 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

M CONCEPT from Saint-Ghislain, company number BE0681539321, closed financial year 2024 with a result of € -33,561 after tax. For that financial year M CONCEPT recorded a gross margin of € 56,027 and equity of € 133,606. Compared with financial year 2023, the result moved from € 11,691 to € -33,561. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2025.

What it is worth Healthy

€ 133,606

▼ 20% vs 2023

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

Loss Caution

€ -33,561

▼ still € 11,691 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 28,061

▼ 65% 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 € 115,006.

People and assets in 2024

Wage cost

€ 47,018

▲ 20% 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

€ 54,535

▼ 12% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 8 years to go

€ 272,850

▼ 8% vs 2023

€ 29,407 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 69,501

▲ € 57,159 vs 2023

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

Taxes and wages

€ 2,084

▼ 80% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 145,870 € 175,275 € 83,964 € 56,027 ▼ 33%
Profit after taxes € 46,701 € 70,452 € 11,691 € -33,561 ▼ € 45,253
Equity € 135,024 € 155,476 € 167,167 € 133,606 ▼ 20%
Total debts € 349,157 € 392,968 € 385,357 € 426,953 ▲ 11%
Cash € 83,871 € 74,902 € 79,943 € 28,061 ▼ 65%
Land & buildings € 287,045 € 278,864 € 270,682 € 262,500 ▼ 3%
Retained profit € 116,424 € 136,876 € 148,567 € 115,006 ▼ 23%
Dividend € 0 € 50,000 € 0 € 0
Bank debt € 287,552 € 245,039 € 296,442 € 272,850 ▼ 8%
Balance sheet total € 484,181 € 548,444 € 552,525 € 560,558 ▲ 1%

Key figures of M 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 31 July 2026.

What happened to M CONCEPT?

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

  • New annual accounts for financial year 2024: loss of € 33,561 (▼ € 45,253 vs 2023). filed late Source: NBB ↗
  • New establishment in Frameries. KBO
  • Start of the company according to the CBE. KBO

In short

From € 46,701 profit in 2021 to € 33,561 loss in 2024.

Paid € 33,636 in corporate taxes since 2021.

Best year ever: 2022, with € 70,452 profit.

Paid out € 50,000 in dividends to the owners in total.

Management

M CONCEPT

Behind M CONCEPT is YNVEST CONCEPT SRL.

Directors

According to the 2024 annual accounts

YNVEST CONCEPT SRL

Director · represented by ANGELIQUE GHANEM

Establishments

Establishment units

Physical locations of this company

Registered office

Rue O.Lombril(T) 12A

7333 Saint-Ghislain

2.267.766.760

Rue de la Bergerie 62

7080 Frameries

Active since 19 September 2017

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

Website

Technologies

AMPAWS S3ElementorFont AwesomeGoogle AnalyticsGoogle FontsNginxOpenCartOptinMonsterPHPSwiperVarnishWP RocketWooCommerceWordPressYoast SEOjQueryjQuery UIlazysizes

Hosting & Email

Hosting

LWS, FR

DNS

OVH DNS

Website info

HTTPS Ja
Languages FR
Copyright 2022

Features

Webshop Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0681.539.321
VAT number
BE 0681.539.321
Registered office
Rue O.Lombril(T) 12A, 7333 Saint-Ghislain
Names & denominations
M CONCEPT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
19 September 2017
Peppol
Active · Active since 29 Dec 2025
Activities · NACE

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Frequently asked questions

What does M CONCEPT do?
M CONCEPT is a painting contractor in Saint-Ghislain. Private Limited, started on 19 September 2017, 1 establishment.
What is the address of M CONCEPT?
The registered office of M CONCEPT is located at Rue O.Lombril(T) 12A, 7333 Saint-Ghislain.
Is M CONCEPT still active?
Yes. According to the CBE (29 October 2026) M CONCEPT is active, legal situation “Normale toestand”, started on 19 September 2017.
Is M CONCEPT registered on Peppol?
Yes, M CONCEPT is registered on the Peppol network with ID 0208:0681539321.
What is the enterprise number of M CONCEPT?
The enterprise number of M CONCEPT is BE0681539321.
When was M CONCEPT founded?
M CONCEPT was founded on 19 September 2017.