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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CARDIO CONCEPT from Incourt, company number BE0862368404, closed financial year 2025 with a result of € 295,968 after tax. For that financial year CARDIO CONCEPT recorded a gross margin of € 497,747 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 296,032 to € 295,968. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1.1 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 295,968
Profit after tax over the fiscal year.
€ 251,591
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 662,499 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 54,634
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 418,083
▼ 3% vs 2024
€ 28,036 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 797
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 166,130
▲ 69% 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 | € 341,712 | € 433,196 | € 502,736 | € 497,747 | ▼ 1% |
| Profit after taxes | € 204,131 | € 252,854 | € 296,032 | € 295,968 | |
| Equity | € 995,971 | € 1,217,543 | € 1,513,575 | € 1,147,044 | ▼ 24% |
| Total debts | € 461,716 | € 484,795 | € 530,770 | € 585,010 | ▲ 10% |
| Cash | € 465,213 | € 269,052 | € 274,279 | € 251,591 | ▼ 8% |
| Land & buildings | € 497,657 | € 669,910 | € 642,408 | € 614,906 | ▼ 4% |
| Retained profit | € 977,371 | € 1,198,943 | € 1,494,975 | € 1,128,444 | ▼ 25% |
| Dividend | € 0 | € 31,282 | € 0 | € 662,499 | |
| Bank debt | € 370,987 | € 358,819 | € 429,714 | € 418,083 | ▼ 3% |
| Balance sheet total | € 1,457,687 | € 1,702,337 | € 2,044,345 | € 1,732,054 | ▼ 15% |
Key figures of CARDIO 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 31 July 2027.
What happened to CARDIO CONCEPT?
What happened at CARDIO 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 € 295,968. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 204,131 profit in 2022 to € 295,968 profit in 2025.
Paid € 474,174 in corporate taxes since 2022.
Best year ever: 2024, with € 296,032 profit.
Paid out € 693,781 in dividends to the owners in total.
Management
Behind CARDIO CONCEPT is Xavier BERNARD.
Directors
According to the 2025 annual accounts
Xavier BERNARD
Director
Establishments
Establishment units
Physical locations of this company
Rue de l' Ecole 9
1315 Incourt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.368.404
- VAT number
- BE 0862.368.404
- Registered office
- Rue de l' Ecole 9, 1315 Incourt
- Names & denominations
- CARDIO CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2003
- Peppol
- Not registered