Financials
Financial year 2025
Conshen from Turnhout, company number BE0802060831, closed financial year 2025 with a result of € -11,661 after tax. For that financial year Conshen recorded a gross margin of € -9,613 and equity of € 21,223. Compared with financial year 2024, the result moved from € 22,971 to € -11,661. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 21,223
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,661
▼ still € 22,971 profit in 2024
Profit after tax over the fiscal year.
€ 89,978
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,223.
People and assets in 2025
€ 14,437
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42,298
▲ 21% vs 2024
€ 9,504 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 52,884
▲ € 40,742 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,187
▼ 7% 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 | € 9,667 | € 37,126 | € -9,613 | ▼ € 46,739 |
| Profit after taxes | € 7,913 | € 22,971 | € -11,661 | ▼ € 34,632 |
| Equity | € 9,913 | € 32,884 | € 21,223 | ▼ 35% |
| Total debts | € 40,204 | € 70,956 | € 134,888 | ▲ 90% |
| Cash | € 48,616 | € 102,140 | € 89,978 | ▼ 12% |
| Retained profit | € 7,913 | € 30,884 | € 19,223 | ▼ 38% |
| Bank debt | € 35,000 | € 35,000 | € 42,298 | ▲ 21% |
| Balance sheet total | € 50,116 | € 103,839 | € 156,112 | ▲ 50% |
Key figures of Conshen, fiscal years 2023 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 Conshen?
What happened at Conshen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,661 (▼ € 34,632 vs 2024). Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,913 profit in 2023 to € 11,661 loss in 2025.
Paid € 7,759 in corporate taxes since 2023.
Best year ever: 2024, with € 22,971 profit.
Management
Behind Conshen are Ronald Smits and Jun Shen.
Directors
According to the 2025 annual accounts
Ronald Smits
Director
Jun Shen
Director
Establishments
Establishment units
Physical locations of this company
Jef Buyckxstraat 20
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.060.831
- VAT number
- BE 0802.060.831
- Registered office
- Jef Buyckxstraat 20, 2300 Turnhout
- Names & denominations
- Conshen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2023
- Peppol
- Active · Active since 5 Sept 2025
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