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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WERBROUCK G&G CONCEPT from Izegem, company number BE0823917901, closed financial year 2025 with a result of € -53,098 after tax. For that financial year WERBROUCK G&G CONCEPT recorded a gross margin of € -11,203 and equity of € 117,441. Compared with financial year 2024, the result moved from € -79,809 to € -53,098. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 117,441
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,098
▲ 33 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,419
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 104,941.
Debts at end 2025
€ 300,554
▲ 152% vs 2024
€ 22,338 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 14,919
▲ € 12,921 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 741
▼ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,296 | € 48,209 | € -51,791 | € -11,203 | ▲ € 40,588 |
| Profit after taxes | € -7,127 | € 16,676 | € -79,809 | € -53,098 | ▲ € 26,711 |
| Equity | € 233,673 | € 250,349 | € 170,539 | € 117,441 | ▼ 31% |
| Total debts | € 184,053 | € 179,848 | € 256,226 | € 493,989 | ▲ 93% |
| Cash | € 63,830 | € 119,805 | € 125,006 | € 12,419 | ▼ 90% |
| Land & buildings | € 241,003 | € 225,728 | € 210,453 | € 496,701 | ▲ 136% |
| Retained profit | € 221,173 | € 237,849 | € 158,039 | € 104,941 | ▼ 34% |
| Bank debt | € 148,958 | € 134,217 | € 119,239 | € 300,554 | ▲ 152% |
| Balance sheet total | € 417,726 | € 430,197 | € 426,765 | € 611,430 | ▲ 43% |
Key figures of WERBROUCK G&G 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 January 2027.
What happened to WERBROUCK G&G CONCEPT?
What happened at WERBROUCK G&G 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 € 53,098. Source: NBB ↗
- New establishment in Izegem. KBO
- Pieter Werbrouck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,127 loss in 2022 to € 53,098 loss in 2025.
Paid € 16,452 in corporate taxes since 2022.
Best year ever: 2023, with € 16,676 profit.
Management
Behind WERBROUCK G&G CONCEPT is Pieter Werbrouck.
Directors
According to the 2025 annual accounts
Pieter Werbrouck
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Leenstraat 86
8870 Izegem
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
- 0823.917.901
- VAT number
- BE 0823.917.901
- Registered office
- Leenstraat 86, 8870 Izegem
- Names & denominations
- WERBROUCK G&G CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen