MConcept
Annual accounts 2025
micro format, filed on 26-02-2026, 26 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €29,000. Estimated: probably between €16,000 and €73,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €244,626 on 30-06-2025in euro
in euro
Position in the sector
34.8%
Higher than 55% of 17,194 companies in 2025.
1.48
Higher than 59% of 16,491 companies in 2025.
0.8%
Higher than 45% of 16,870 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
244,626 | 344,162 | 292,836 | 1.1m | 1.1m | 458,510 | 413,252 | 307,552 | 154,906 | 93,283 | 135,949 | 110,401 | 83,311 | 77,271 | 57,442 | 209,109 | 219,652 | 369,918 | 323,881 | |
21/28 |
9,445 | 2,363 | 3,842 | 5,322 | 6,801 | 4,925 | 9,399 | 13,874 | 27,700 | 30,594 | 47,089 | 66,055 | 42,829 | 20,627 | 7,147 | 9,081 | 18,055 | 27,624 | 34,503 | |
22/27 |
9,445 | 2,363 | 3,842 | 5,322 | 6,801 | 4,925 | 9,399 | 13,874 | 27,700 | 30,594 | 47,089 | 66,055 | 42,829 | 20,627 | 7,147 | 9,081 | 18,055 | 27,624 | 34,503 | |
24 |
8,995 | 1,913 | 3,392 | 4,872 | 6,351 | 4,475 | 8,949 | 13,424 | 18,325 | 853 | 732 | 7,282 | 12,059 | 18,627 | 3,147 | 9,081 | 18,055 | 27,624 | 34,503 | |
26 |
450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 9,374 | 25,991 | 42,607 | 58,774 | 30,770 | 2,000 | 4,000 | - | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | 3,750 | 3,750 | - | - | - | - | - | - | - | - | |
29/58 |
235,181 | 341,799 | 288,994 | 1.1m | 1.1m | 453,586 | 403,853 | 293,679 | 127,207 | 62,689 | 88,860 | 44,346 | 40,482 | 56,644 | 50,295 | 200,028 | 201,597 | 342,294 | 289,378 | |
3 |
- | - | 0 | 931,817 | 633,904 | - | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | |
30/36 |
- | - | 0 | 931,817 | 633,904 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | |
40/41 |
59,514 | 168,973 | 96,924 | 145,729 | 148,863 | 62,104 | 14,109 | 28,565 | 3,105 | 1,500 | 479 | 37,245 | 3,330 | 31,975 | 26,833 | 178,830 | 193,713 | 132,332 | - | |
40 |
59,514 | 61,418 | 39,511 | 72,703 | 61,375 | 39,298 | 14,109 | 28,565 | 3,105 | 1,500 | - | 35,966 | 1,342 | 5,400 | 2,340 | - | - | - | - | |
41 |
0 | 107,556 | 57,414 | 73,026 | 87,488 | 22,806 | 0 | 0 | - | - | 479 | 1,279 | 1,988 | 26,575 | 24,493 | 178,830 | 193,713 | 132,332 | - | |
54/58 |
174,403 | 171,584 | 166,273 | 50,091 | 267,846 | 341,281 | 388,868 | 264,236 | 124,102 | 61,189 | 88,380 | 5,370 | 37,151 | 6,883 | 23,462 | 21,198 | 6,492 | 206,587 | 286,459 | |
490/1 |
1,265 | 1,242 | 25,796 | 1,298 | 1,522 | 50,202 | 876 | 878 | - | - | - | 1,731 | - | 2,786 | - | - | 1,392 | 3,375 | 2,919 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
244,626 | 344,162 | 292,836 | 1.1m | 1.1m | 458,510 | 413,252 | 307,552 | 154,906 | 93,283 | 135,949 | 110,401 | 83,311 | 77,271 | 57,442 | 209,109 | 219,652 | 369,918 | 323,881 | |
10/15 |
85,048 | 169,896 | 279,305 | 277,602 | 298,321 | 280,986 | 242,070 | 155,247 | 54,810 | 37,082 | 32,759 | 25,907 | 23,421 | 23,539 | 28,648 | 18,493 | 197,761 | 187,506 | 154,306 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
66,639 | 153,462 | 262,871 | 262,871 | 262,871 | 245,536 | 206,620 | 119,797 | 19,360 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 181,860 | 141,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
64,779 | 151,602 | 261,011 | 261,011 | 261,011 | 243,676 | 204,760 | 117,937 | 17,500 | - | - | - | - | - | - | - | 180,000 | 140,000 | - | |
14 |
-191 | -2,166 | -2,166 | -3,870 | 16,850 | 16,850 | 16,850 | 16,850 | 16,850 | 16,622 | 12,299 | 5,447 | 2,961 | 3,079 | 8,188 | 4,233 | 3,501 | 33,246 | 140,046 | |
17/49 |
159,579 | 174,267 | 13,532 | 856,656 | 760,615 | 177,525 | 171,182 | 152,306 | 100,096 | 56,201 | 103,189 | 84,494 | 59,890 | 53,732 | 28,794 | 190,616 | 21,891 | 182,413 | 169,574 | |
17 |
- | - | 0 | 765,796 | 700,000 | 0 | 876 | 6,070 | 11,163 | - | - | 1,271 | 6,240 | 11,032 | - | - | - | - | - | |
170/4 |
- | - | 0 | 765,796 | 700,000 | 0 | 876 | 6,070 | 11,163 | - | - | 1,271 | 6,240 | 11,032 | - | - | - | - | - | |
42/48 |
159,179 | 174,267 | 13,532 | 90,860 | 60,615 | 177,352 | 170,307 | 146,236 | 88,933 | 56,201 | 103,189 | 83,223 | 53,650 | 42,700 | 28,794 | 189,973 | 20,620 | 177,998 | 165,124 | |
42 |
- | - | - | - | 0 | 876 | 5,194 | 5,094 | 4,995 | - | 1,271 | 4,970 | 4,792 | 4,621 | - | - | - | - | - | |
43 |
- | - | 0 | 50 | 0 | 380 | 1,282 | 517 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | 0 | 50 | 0 | 380 | 1,282 | 517 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
42,797 | 38,812 | 6,266 | 80,142 | 56,924 | 45,683 | 16,816 | 17,583 | 9,780 | 6,000 | 11,689 | 5,713 | 13,023 | 1,677 | 1,779 | 1,796 | 819 | 2,981 | 382 | |
440/4 |
42,797 | 38,812 | 6,266 | 80,142 | 56,924 | 45,683 | 16,816 | 17,583 | 9,780 | 6,000 | 11,689 | 5,713 | 13,023 | 1,677 | 1,779 | 1,796 | 819 | 2,981 | 382 | |
46 |
- | - | - | - | - | - | - | - | - | 1,815 | - | - | - | - | 2,468 | - | - | - | - | |
45 |
9,352 | 17,518 | 7,266 | 10,668 | 3,690 | 801 | 52,164 | 51,915 | 18,992 | 7,155 | 14,643 | 4,650 | 6,511 | 18,149 | 14,445 | 3,177 | 19,801 | 175,018 | 157,953 | |
450/3 |
6,885 | 15,072 | 4,873 | 8,349 | 1,396 | 801 | 52,164 | 51,915 | 18,992 | 7,155 | 14,643 | 4,650 | 6,511 | 18,149 | 14,445 | 3,177 | 19,801 | 175,018 | 157,953 | |
454/9 |
2,467 | 2,446 | 2,392 | 2,318 | 2,294 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
107,031 | 117,937 | - | - | 0 | 129,613 | 94,851 | 71,128 | 55,167 | 41,232 | 75,586 | 67,891 | 29,324 | 18,254 | 10,102 | 185,000 | - | - | 6,789 | |
492/3 |
400 | - | - | - | 0 | 172 | - | - | - | - | - | - | - | - | - | 643 | 1,271 | 4,414 | 4,450 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 420,400 | |
76A |
- | 0 | 61 | 109 | - | - | 51 | 228 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
7,523 | 25,827 | 39,684 | -8,761 | 26,816 | 62,822 | 136,234 | 185,987 | 62,561 | 25,547 | 55,098 | 30,038 | 19,089 | 3,946 | 31,728 | -1,824 | 5,314 | 60,323 | 399,097 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23,112 | |
630 |
1,944 | 1,479 | 1,479 | 1,479 | 5,520 | 4,475 | 4,475 | 13,826 | 21,517 | 17,775 | 23,166 | 23,591 | 15,719 | 9,363 | 16,151 | 9,673 | 9,569 | 9,725 | 10,087 | |
640/8 |
751 | 3,222 | 24,973 | 271 | 322 | 746 | 974 | 646 | 1,079 | 764 | 671 | 757 | 877 | 727 | 976 | 454 | 814 | 13,632 | 1,838 | |
66A |
212 | 9,670 | 122 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
4,616 | 11,456 | 13,110 | -10,512 | 20,974 | 57,601 | 130,785 | 171,516 | 39,964 | 7,008 | 31,261 | 5,689 | 2,493 | -6,144 | 14,601 | -11,952 | -5,069 | 36,967 | 387,172 | |
75/76B |
0 | 3,853 | 4,513 | 5,813 | 3,853 | 0 | 1 | 1 | - | - | 1 | 9 | 6 | 2,109 | 2,983 | 18,249 | 18,579 | 14,803 | 3,249 | |
75 |
0 | 3,853 | 4,513 | 5,813 | 3,853 | - | 1 | 1 | - | - | 1 | 9 | 6 | 2,109 | 2,983 | 18,249 | 18,579 | 14,803 | 3,249 | |
76B |
- | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
431 | 167 | 15,919 | 16,020 | 583 | 134 | 223 | 447 | 810 | 633 | 910 | 1,153 | 1,106 | 829 | 248 | 25 | 144 | 269 | 829 | |
65 |
431 | 167 | 15,919 | 16,020 | 583 | 134 | 223 | 447 | 810 | 633 | 910 | 1,153 | 1,106 | 829 | 248 | 25 | 144 | 269 | 829 | |
9903 |
4,185 | 15,141 | 1,703 | -20,719 | 24,244 | 57,467 | 130,563 | 171,069 | 39,154 | 6,374 | 30,351 | 4,545 | 1,393 | -4,864 | 17,335 | 6,271 | 13,365 | 51,500 | 389,592 | |
67/77 |
2,210 | 6,614 | - | 0 | 6,909 | 15,551 | 40,740 | 70,632 | 9,426 | 2,052 | 3,499 | 2,059 | 1,512 | 245 | 13,380 | 540 | 3,110 | 18,301 | 142,686 | |
9904 |
1,975 | 8,528 | 1,703 | -20,719 | 17,335 | 41,916 | 89,823 | 100,437 | 29,728 | 4,322 | 26,852 | 2,486 | -118 | -5,109 | 3,955 | 5,731 | 10,256 | 33,199 | 246,906 | |
9905 |
1,975 | 8,528 | 1,703 | -20,719 | 17,335 | 41,916 | 89,823 | 100,437 | 29,728 | 4,322 | 26,852 | 2,486 | -118 | -5,109 | 3,955 | 5,731 | 10,256 | 33,199 | 246,906 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-191 | 6,361 | -2,166 | -3,870 | 34,185 | 58,766 | 106,673 | 117,287 | 46,350 | 16,622 | 32,299 | 5,447 | 2,961 | 3,079 | 8,188 | 9,233 | 43,501 | 173,246 | 246,906 | |
14P |
-2,166 | -2,166 | -3,870 | 16,850 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
86,823 | 117,937 | - | - | - | - | - | - | - | - | - | - | - | - | - | 180,000 | - | - | - | |
691/2 |
0 | 8,528 | - | 0 | 17,335 | 38,916 | 86,823 | 100,437 | 17,500 | - | - | - | - | - | - | - | 40,000 | 140,000 | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
0 | 8,528 | - | 0 | 17,335 | 38,916 | 86,823 | 100,437 | 17,500 | - | - | - | - | - | - | - | 40,000 | 140,000 | - | |
694/7 |
86,823 | 117,937 | - | - | 0 | 3,000 | 3,000 | - | 12,000 | - | 20,000 | - | - | - | - | 185,000 | - | - | 105,000 | |
694 |
86,823 | 117,937 | - | - | - | - | - | - | - | - | - | - | - | - | - | 185,000 | - | - | 105,000 | |
695 |
- | - | - | - | 0 | 3,000 | 3,000 | - | 12,000 | - | 20,000 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00046849.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-02-2026 | 2026-00046849 | |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00029975 | |
| 30-06-2023 | micro format | 08-02-2024 | 2024-00030563 | |
| 30-06-2022 | micro format | 04-01-2024 | 2024-00545043 | |
| 30-06-2021 | micro format | 29-03-2022 | 2022-09000136 | |
| 30-06-2020 | micro format | 01-03-2021 | 2021-06700014 | |
| 30-06-2019 | micro format | 03-02-2020 | 2020-04700111 | |
| 30-06-2018 | micro format | 11-02-2019 | 2019-04900194 | |
| 30-06-2017 | full format | 15-01-2018 | 2018-01100482 | |
| 30-06-2016 | full format | 16-01-2017 | 2017-01100586 | |
| 30-06-2015 | full format | 15-01-2016 | 2016-01400193 | |
| 30-06-2014 | full format | 15-01-2015 | 2015-01200215 | |
| 30-06-2013 | full format | 12-02-2014 | 2014-03100522 | |
| 30-06-2012 | full format | 21-12-2012 | 2012-67100180 | |
| 30-06-2011 | full format | 19-12-2011 | 2011-63800508 | |
| 31-12-2009 | full format | 12-10-2010 | 2010-57400451 | |
| 31-12-2008 | full format | 20-08-2009 | 2009-61100062 | |
| 31-12-2007 | full format | 29-08-2008 | 2008-69100121 | |
| 31-12-2006 | full format | 30-07-2007 | 2007-51200155 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,560 | 12,935 | 14,589 | -9,033 | 26,494 | 62,075 | 135,260 | 185,341 | 61,482 | 24,783 | 54,427 | 29,280 | 18,212 | 3,219 | 30,752 | -2,279 | 4,500 | 46,691 | 397,259 | ||
| 3,919 | 10,007 | 3,182 | -19,240 | 22,856 | 46,391 | 94,298 | 114,263 | 51,246 | 22,098 | 50,018 | 26,077 | 15,601 | 4,254 | 20,107 | 15,405 | 19,825 | 42,924 | 256,993 | ||
| 9,026 | 0 | 0 | 0 | 7,397 | 0 | 0 | 0 | 18,623 | 1,280 | 4,200 | 46,817 | 40,159 | 22,843 | 14,217 | 699 | 0 | 2,846 | 44,589 | ||
| 2,819 | 5,311 | 116,182 | -217,755 | -73,435 | -47,587 | 124,632 | 140,134 | 62,912 | -27,191 | 83,010 | -31,781 | 30,269 | -16,579 | - | 14,706 | -200,095 | -79,872 | - | ||
| 76,002 | 167,533 | 275,462 | 1.0m | 991,520 | 276,233 | 233,546 | 147,442 | 38,273 | 6,488 | -14,330 | -38,877 | -13,168 | 13,944 | 21,501 | 10,055 | 180,977 | 164,296 | 124,254 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 92.1% | ||
| 34.8% | 49.4% | 95.4% | 24.5% | 28.2% | 61.3% | 58.6% | 50.5% | 35.4% | 39.8% | 24.1% | 23.5% | 28.1% | 30.5% | 49.9% | 8.8% | 90.0% | 50.7% | 47.6% | ||
| 1.48 | 1.96 | 21.36 | 12.43 | 17.36 | 2.56 | 2.37 | 2.01 | 1.43 | 1.12 | 0.86 | 0.53 | 0.75 | 1.33 | 1.75 | 1.05 | 9.78 | 1.92 | 1.75 | ||
| 1.48 | 1.96 | 21.36 | 2.17 | 6.90 | 2.56 | 2.37 | 2.01 | 1.43 | 1.12 | 0.86 | 0.53 | 0.75 | 0.98 | 1.75 | 1.05 | 9.78 | 1.92 | 1.75 | ||
| 1.88 | 1.03 | 0.05 | 3.09 | 2.55 | 0.63 | 0.71 | 0.98 | 1.83 | 1.52 | 3.15 | 3.26 | 2.56 | 2.28 | 1.01 | 10.31 | 0.11 | 0.97 | 1.10 | ||
| 2.3% | 5.0% | 0.6% | -7.5% | 5.8% | 14.9% | 37.1% | 64.7% | 54.2% | 11.7% | 82.0% | 9.6% | -0.5% | -21.7% | 13.8% | 31.0% | 5.2% | 17.7% | 160.0% | ||
| 0.8% | 2.5% | 0.6% | -1.8% | 1.6% | 9.1% | 21.7% | 32.7% | 19.2% | 4.6% | 19.8% | 2.3% | -0.1% | -6.6% | 6.9% | 2.7% | 4.7% | 9.0% | 76.2% | ||
| 15.23 | 77.50 | 0.92 | -0.56 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €9,026 | - | - | - |
| €1,944 | €1,479 | €1,479 | €1,479 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MConcept
The operating result for 2025 is 60% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 50.6% to 65.2%. Equity and debt are lower.