Financials
Financial year 2025
CONCREATE from Balen, company number BE0773429005, closed financial year 2025 with a result of € 76,655 after tax. For that financial year CONCREATE recorded a gross margin of € 1.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 36,689 to € 76,655. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1.1 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,655
▲ 109% vs 2024
Profit after tax over the fiscal year.
€ 258,508
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 692,920.
People and assets in 2025
12.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 806,524
▲ 14% vs 2024
€ 65,600 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.
€ 1.3 million
▼ 16% vs 2024
Of which on lease € 1.3 million.
Debts at end 2025
€ 2.6 million
▲ 10% vs 2024
€ 372,219 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 782,384
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 180,452
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 715,059 | € 1,444,032 | € 1,194,355 | € 1,506,153 | ▲ 26% |
| Profit after taxes | € 178,284 | € 401,291 | € 36,689 | € 76,655 | ▲ 109% |
| Equity | € 428,284 | € 829,575 | € 866,264 | € 1,092,920 | ▲ 26% |
| Total debts | € 1,605,017 | € 2,178,451 | € 3,989,303 | € 3,701,289 | ▼ 7% |
| Cash | € 100,719 | € 158,191 | € 327,767 | € 258,508 | ▼ 21% |
| Retained profit | € 178,284 | € 579,575 | € 616,264 | € 692,920 | ▲ 12% |
| Bank debt | € 924,842 | € 971,188 | € 2,400,547 | € 2,636,793 | ▲ 10% |
| Balance sheet total | € 2,033,302 | € 3,008,026 | € 4,855,567 | € 4,794,208 | ▼ 1% |
| Employees (FTE) | 4.7 | 11 | 10.9 | 12.3 | ▲ 1.4 |
Key figures of CONCREATE, 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 CONCREATE?
What happened at CONCREATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 76,655 (▲ 109% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- GVD SERVICES BV became a director. NBB
- BERMASO NV became a director. NBB
- CEDEFRA HOLDING BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 178,284 profit in 2022 to € 76,655 profit in 2025.
Paid € 126,319 in corporate taxes since 2022.
Best year ever: 2023, with € 401,291 profit.
On average € 122,500 of value added per employee in 2025.
Management
The stake of CEDEFRA HOLDING, GVD SERVICES, Bermaso, JUNEBO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONCREATEBehind CONCREATE are GVD SERVICES BV, BERMASO NV and CEDEFRA HOLDING BV. The shares are held by CEDEFRA HOLDING (30%), GVD SERVICES (30%), Bermaso (30%) and JUNEBO (10%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Xavier Painblanc
Also active at: hoeve loteling, PHILIP'S BAKERY, Grondmaatschappij Woonhof aan de Leie, Bouw & Promotie Jordaenskaai, BOUW & PROMOTIE WOONHOF AAN DE LEIE NV, Grondmaatschappij Leuvenstraat, PARMA GROUP, Bouw & Promotie Graanmarkt +6 more
since 2021
Director · represented by Tom Fransen
Also active at: KOVERA GEEL, KOENIG, GeoCalor, Kovera Sint Joris Winge, Industrie Beyntel 3A, FRANSEN GROUP, Grondmaatschappij Ensor - Edegem, CEDE Projects +3 more
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langvennen 108
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0773.429.005
- VAT number
- BE 0773.429.005
- Registered office
- Langvennen 108, 2490 Balen
- Names & denominations
- CONCREATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 2021
- Peppol
- Active · Active since 9 May 2025
- Activities · NACE
Vervaardiging van artikelen van beton voor de bouw
Verspanend bewerken van metalen
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van stortklare beton