Active · per the CBE, 29 September 2026

Concept M

BE0759721618

Rechtspersoon Private limited company 1 establishment

Concept M is a clothing shop in Kruisem. Private Limited, started on 13 December 2020, 1 establishment.

Kleinestraat (WAN) 1F, 9772 Kruisem

Behind the company: MICHELE PROVOST.

Active for

5 year, 9 months

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 65 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Concept M from Kruisem, company number BE0759721618, closed financial year 2025 with a result of € 2,884 after tax. For that financial year Concept M recorded a gross margin of € 20,993 and equity of € 11,221. Compared with financial year 2024, the result moved from € 14,373 to € 2,884. The company is profitable. The buffer shrank hard: equity is 81 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Shrank hard

€ 11,221

▼ 81% vs 2024

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

Profit Healthy

€ 2,884

▼ 80% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,505

▼ 12% vs 2024

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

Where the profit goes Pays out

€ 50,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 7,190

▲ 220% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 10,936

▲ 29% vs 2024

€ 5,892 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6,789

▼ 29% vs 2024

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

Taxes

€ 23,764

▲ 10% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 19,469 € 16,094 € 33,039 € 20,993 ▼ 36%
Profit after taxes € 8,063 € 1,397 € 14,373 € 2,884 ▼ 80%
Equity € 42,568 € 43,964 € 58,337 € 11,221 ▼ 81%
Total debts € 55,607 € 33,069 € 42,643 € 83,813 ▲ 97%
Cash € 36,144 € 18,155 € 49,544 € 43,505 ▼ 12%
Land & buildings € 25,836 € 21,242 € 16,647 € 12,053 ▼ 28%
Retained profit € 37,568 € 38,964 € 53,337 € 6,221 ▼ 88%
Dividend € 0 € 0 € 0 € 50,000
Bank debt € 13,268 € 10,895 € 8,453 € 10,936 ▲ 29%
Balance sheet total € 98,175 € 77,033 € 100,980 € 95,034 ▼ 6%

Key figures of Concept M, 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 Concept M?

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

  • New annual accounts for financial year 2025: profit of € 2,884 (▼ 80% vs 2024). Source: NBB ↗
  • New establishment in Oudenaarde. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8,063 profit in 2022 to € 2,884 profit in 2025.

Paid € 18,798 in corporate taxes since 2022.

Best year ever: 2024, with € 14,373 profit.

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

Management

MICHELE PROVOST
Concept M

Behind Concept M is MICHELE PROVOST.

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Directors

According to the 2025 annual accounts

MICHELE PROVOST

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Kleinestraat (WAN) 1F

9772 Kruisem

2.311.346.385

Nederstraat 36

9700 Oudenaarde

Active since 13 December 2020

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

Details

Company number
0759.721.618
VAT number
BE 0759.721.618
Registered office
Kleinestraat (WAN) 1F, 9772 Kruisem
Names & denominations
Concept M
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
13 December 2020
Peppol
Active · Active since 17 Feb 2025
Activities · NACE

Detailhandel in kledingaccessoires

Detailhandel in lederwaren en reisartikelen

Frequently asked questions

What does Concept M do?
Concept M is a clothing shop in Kruisem. Private Limited, started on 13 December 2020, 1 establishment.
What is the address of Concept M?
The registered office of Concept M is located at Kleinestraat (WAN) 1F, 9772 Kruisem.
Is Concept M still active?
Yes. According to the CBE (29 September 2026) Concept M is active, legal situation “Normale toestand”, started on 13 December 2020.
Is Concept M registered on Peppol?
Yes, Concept M is registered on the Peppol network with ID 0208:0759721618.
What is the enterprise number of Concept M?
The enterprise number of Concept M is BE0759721618.
When was Concept M founded?
Concept M was founded on 13 December 2020.