CONCLUSION

Active

Public limited companyfounded 1989active for 36 yearsRoute provinciale(AN) 89, 7750 Mont-de-l'Enclus, BelgiumKBO/BCE: BE 0439.521.549

Summary

The annual accounts of CONCLUSION for financial year 2026 show a net loss of 60% of the equity at the start of that year. The 2026 annual accounts show equity of €59,910 and a net result of -€91,206. Equity is shrinking by about 20% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

CONCLUSIONActiveChecked score 53/100

Risk analysis Report Compare

Directors

2 directors, 1 in day-to-day management, last change in 2023

Board 2

LANNOO Marc, Achiel Paul

Director · since 13-11-2023

Current

SPILEERS Sabine, Marie

Director · since 13-11-2023

Current

Day-to-day management 1

LANNOO Marc, Achiel Paul

Managing director · since 13-11-2023

Current

Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Not every act has been read: a resignation may still be missing

7 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 2 in office

All 2 In office 2

Board
Day-to-day management
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
LANNOO Marc, Achiel Paul	Director and managing director, until 13-11-2023 Director, from 13-11-2023 to date Director and managing director, until 13-11-2023 Managing director, from 13-11-2023 to date
SPILEERS Sabine, Marie	Director, since before 13-11-2023

See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

Floresco 100%
CONCLUSION

Highest known parent: Floresco. The sources do not say who stands above it.

Owners 1

Florescoparent
Sourceact 25-08-2026accounts Floresco 30-12-2025

100%

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years

13-11-2023 Capital stated in the deed · €498,244.58 · 14,984 shares