Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GGG Concept from Menen, company number BE0792173165, closed financial year 2025 with a result of € 20,091 after tax. For that financial year GGG Concept recorded a gross margin of € 30,410 and equity of € -56,859. Compared with financial year 2024, the result moved from € -78,309 to € 20,091. Profitable, and profit is growing. 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 January 28, 2026.
€ -56,859
▲ € 20,091 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,091
▲ still € 78,309 loss in 2024
Profit after tax over the fiscal year.
€ 4,162
▲ € 4,016 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 € -59,359.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,644
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,008
▼ 28% vs 2024
€ 4,040 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 66,291
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,063
▲ € 5,428 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 4,693 | € -70,197 | € 30,410 | ▲ € 100,607 |
| Profit after taxes | € -1,141 | € -78,309 | € 20,091 | ▲ € 98,400 |
| Equity | € 1,359 | € -76,950 | € -56,859 | ▲ € 20,091 |
| Total debts | € 45,212 | € 112,885 | € 100,243 | ▼ 11% |
| Cash | € 5,894 | € 146 | € 4,162 | ▲ € 4,016 |
| Land & buildings | € 11,887 | € 10,647 | € 9,407 | ▼ 12% |
| Retained profit | € -1,141 | € -79,450 | € -59,359 | ▲ € 20,091 |
| Bank debt | € 17,679 | € 13,910 | € 10,008 | ▼ 28% |
| Balance sheet total | € 46,571 | € 35,935 | € 43,384 | ▲ 21% |
Key figures of GGG Concept, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GGG Concept?
What happened at GGG Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,091. Source: NBB ↗
- New establishment in Celles (lez-Tournai). KBO
- Start of the company according to the CBE. KBO
In short
From € 1,141 loss in 2023 to € 20,091 profit in 2025.
Paid € 434 in corporate taxes since 2023.
Best year ever: 2025, with € 20,091 profit.
Management
Behind GGG Concept is Geert Lewyllie.
Directors
According to the 2025 annual accounts
Geert Lewyllie
bestuurder
Establishments
Establishment units
Physical locations of this company
Zonnestraat 47
8930 Menen
Lannois (POT) 9
7760 Celles (lez-Tournai)
Active since 7 October 2022
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.173.165
- VAT number
- BE 0792.173.165
- Registered office
- Zonnestraat 47, 8930 Menen
- Names & denominations
- GGG Concept
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2022
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Detailhandel in groenten en fruit
Markt- en straathandel in voedings- en genotmiddelen
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren