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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
W CONCEPT from Gent, company number BE0810545064, closed financial year 2025 with a result of € -113,719 after tax. For that financial year W CONCEPT recorded a gross margin of € 379,529 and equity of € 268,684. Compared with financial year 2024, the result moved from € -196,402 to € -113,719. 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 March 19, 2026.
€ 268,684
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -113,719
▲ 42 % less loss than in 2024
Profit after tax over the fiscal year.
€ 68,291
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 243,684.
People and assets in 2025
€ 33,737
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,241
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 6% vs 2024
€ 248,782 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 6,168
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,220
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 225,136 | € 322,105 | € 295,385 | € 379,529 | ▲ 28% |
| Profit after taxes | € -41,301 | € -110,474 | € -196,402 | € -113,719 | ▲ € 82,683 |
| Equity | € 689,279 | € 578,804 | € 382,402 | € 268,684 | ▼ 30% |
| Total debts | € 3,245,853 | € 3,429,585 | € 3,335,153 | € 3,152,118 | ▼ 5% |
| Cash | € 43,233 | € 109,003 | € 66,357 | € 68,291 | ▲ 3% |
| Land & buildings | € 2,496,593 | € 3,227,369 | € 2,979,848 | € 2,726,359 | ▼ 9% |
| Retained profit | € 664,279 | € 553,804 | € 357,402 | € 243,684 | ▼ 32% |
| Bank debt | € 3,145,957 | € 3,263,188 | € 3,192,086 | € 3,008,181 | ▼ 6% |
| Balance sheet total | € 4,157,169 | € 4,215,542 | € 3,909,822 | € 3,598,183 | ▼ 8% |
Key figures of W CONCEPT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to W CONCEPT?
What happened at W CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 113,719. Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,301 loss in 2022 to € 113,719 loss in 2025.
Paid € 1,010 in corporate taxes since 2022.
Management
Behind W CONCEPT is Dewulf Niicolas.
Directors
According to the 2025 annual accounts
Dewulf Niicolas
Director
Establishments
Establishment units
Physical locations of this company
Manchesterstraat 49A
9000 Gent
Groendreef 32
9000 Gent
Active since 1 September 2017
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
- 0810.545.064
- VAT number
- BE 0810.545.064
- Registered office
- Manchesterstraat 49A, 9000 Gent
- Names & denominations
- W CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2009
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
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