ACTIVE

M. CONCEPT

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Financial year 2025 · closed on 31/12/2025

Net result

226,7 k €

+182.9% YoY

Gross margin

360,7 k €

+62.0% YoY

Equity

251,3 k €

+57.9% YoY

Workforce

3,6 ETP

+80.0% YoY

What does M. CONCEPT do?

M. CONCEPT is a Public limited company incorporated in 1996. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Wavre. It employs on average 3,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.976.304

Incorporation

18/01/1996

Legal form

Public limited company

Registered office

Boulevard de l'Europe 131 box B02
1300 Wavre · WallonieSee on map

Contributed capital

892 000,00 €

Latest accounts

31/12/2025

Average workforce

3,6 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47716Retail sale of clothing in specialised stores 47716Retail sale of clothing in specialised stores 47910Retail sale via mail order houses or via Internet 74401Other professional, scientific and technical activities 18130Pre-press and pre-media services+3

Joint committees (3)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	360,7 k €	+62.0%	222,6 k €	-53.3%	476,6 k €	+25.9%	378,6 k €	+8.8%	348,1 k €	+51.0%	230,5 k €	-27.0%	315,9 k €	+16.3%	271,6 k €	+35.7%	200,1 k €	+17.9%	169,7 k €	+100%	84,8 k €	+114%	39,7 k €	+61.5%	24,6 k €	-33.2%	36,8 k €	-39.1%	60,3 k €	-52.8%	127,8 k €	-37.4%	204,1 k €	+0.4%	203,3 k €	+92.9%	105,4 k €	-56.5%	242,1 k €
EBITDA	245,2 k €	+143%	100,7 k €	-69.4%	329,5 k €	+35.2%	243,7 k €	-7.1%	262,4 k €	+66.1%	157,9 k €	-36.1%	247 k €	+28.4%	192,3 k €	+15.4%	166,6 k €	+26.8%	131,4 k €	+67.5%	78,4 k €	+326%	-34,7 k €	+85.1%	-232,9 k €	-18.9%	-195,9 k €	-926%	-19,1 k €	+18.6%	-23,5 k €	-150%	47,1 k €	+1911%	-2,6 k €	+98.1%	-136,4 k €	-467%	-24,1 k €
Operating result	233,2 k €	+180%	83,3 k €	-74.1%	322 k €	+34.3%	239,8 k €	-7.4%	259 k €	+65.2%	156,8 k €	-36.2%	245,5 k €	+28.9%	190,5 k €	+16.3%	163,8 k €	+27.0%	129 k €	+68.5%	76,5 k €	+312%	-36,1 k €	+49.0%	-70,8 k €	+81.7%	-386,1 k €	-1803%	-20,3 k €	+35.3%	-31,3 k €	-180%	39,3 k €	+455%	-11,1 k €	+92.8%	-152,8 k €	-153%	-60,5 k €
Net result	226,7 k €	+183%	80,1 k €	-74.8%	317,5 k €	+33.6%	237,7 k €	-7.3%	256,5 k €	+63.6%	156,7 k €	-36.0%	245 k €	+27.7%	191,8 k €	+18.6%	161,7 k €	+29.8%	124,6 k €	-46.5%	232,9 k €	+570%	-49,6 k €	+41.5%	-84,7 k €	+78.7%	-397,7 k €	-37490%	1,1 k €	-29.0%	1,5 k €	-89.5%	14,3 k €	-52.8%	30,3 k €	+114%	-219,5 k €	-443%	-40,4 k €
Balance sheet
Equity	251,3 k €	+57.9%	159,2 k €	-45.3%	291 k €	-3.5%	301,6 k €	-17.1%	363,9 k €	+239%	107,4 k €	+318%	-49,3 k €	+83.2%	-294,3 k €	+39.5%	-486,1 k €	+25.0%	-647,8 k €	+16.1%	-772,4 k €	+23.2%	-1 M €	-5.2%	-955,8 k €	-9.7%	-871 k €	-84.0%	-473,3 k €	+0.2%	-474,4 k €	+0.3%	-475,9 k €	+2.9%	-490,2 k €	+5.8%	-520,5 k €	-72.9%	-301,1 k €
Total assets	569 k €	+11.9%	508,7 k €	+3.8%	489,8 k €	-16.8%	588,5 k €	+7.1%	549,4 k €	+73.4%	316,8 k €	+8.4%	292,2 k €	+4.0%	281,1 k €	+5.1%	267,5 k €	+25.6%	212,9 k €	+43.1%	148,8 k €	+106%	72,1 k €	-14.9%	84,7 k €	+2.9%	82,3 k €	-80.6%	424,8 k €	-9.1%	467,2 k €	-5.4%	494 k €	+5.6%	467,7 k €	-24.4%	618,7 k €	-27.3%	850,8 k €
Cash	95,1 k €	-47.0%	179,3 k €	-32.2%	264,7 k €	-5.5%	280,2 k €	-34.0%	424,5 k €	+120%	192,8 k €	+46.7%	131,5 k €	+6.7%	123,2 k €	-13.1%	141,7 k €	+52.4%	93 k €	+76.9%	52,6 k €	+182%	18,7 k €	-17.3%	22,6 k €	+34.4%	16,8 k €	-47.7%	32,1 k €	+180%	11,5 k €	+116%	5,3 k €	-66.8%	16 k €	+29.3%	12,4 k €		–
Debts	317,7 k €	-9.1%	349,5 k €	+75.8%	198,8 k €	-30.7%	286,9 k €	+54.7%	185,5 k €	-11.4%	209,3 k €	-38.7%	341,5 k €	-40.7%	575,3 k €	-23.6%	753,4 k €	-12.5%	860,8 k €	-6.5%	920,1 k €	-14.6%	1,1 M €	+3.8%	1 M €	+8.9%	953,4 k €	+6.1%	898,2 k €	-4.6%	941,6 k €	-2.8%	969 k €	+1.2%	957,3 k €	-15.7%	1,1 M €	-1.4%	1,2 M €
Other
Workforce	3,6 ETP	+80.0%	2,0 ETP	-50.0%	4,0 ETP	+33.3%	3,0 ETP	+11.1%	2,7 ETP	0.0%	2,7 ETP	+28.6%	2,1 ETP	-22.2%	2,7 ETP	+170%	1,0 ETP	0.0%	1,0 ETP		–		1,9 ETP	-13.6%	2,2 ETP	-21.4%	2,8 ETP	+33.3%	2,1 ETP	-30.0%	3,0 ETP	0.0%	3,0 ETP	-63.0%	8,1 ETP	0.0%	8,1 ETP	+1.2%	8,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 21 ended

Active mandates

AQUILIUS

Managing director · since 22 décembre 2014 · until 30 juin 2026 · 0840.560.626

Represented by Philippe Antoine CARETTE

Active

Ended mandates

AQUILIUS

Managing director · since 22 décembre 2014 · until 15 mai 2019 · 0840.560.626

Represented by Philippe Antoine CARETTE

Ended

AQUILIUS

Managing director · since 22 décembre 2014 · until 15 mai 2019 · 0840.560.626

Represented by Philippe Antoine CARETTE

Ended

GLADIATOR

Director · since 22 décembre 2014 · until 15 mai 2019 · 0502.438.521

Represented by Denis HECQ

Ended

GLADIATOR

Director · since 22 décembre 2014 · until 30 juin 2026 · 0502.438.521

Represented by Sébastien Croegaert

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	29/07/2025	23/07/2024	27/07/2023	22/07/2022	30/07/2021
General meeting	30/06/2026	08/05/2025	09/05/2024	30/06/2023	12/05/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	08/05/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	09/05/2024	23/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	22/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	14/05/2020	29/07/2020	French	PDF
Abridged model	31/12/2018	09/05/2019	12/07/2019	French	PDF
Abridged model	31/12/2017	10/05/2018	04/07/2018	French	PDF
Abridged model	31/12/2016	11/05/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	12/05/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	14/05/2015	24/07/2015	French	PDF
Abridged model	31/12/2013	09/05/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	10/05/2013	15/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	15/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	18/10/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	26/09/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	24/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 21 ended

Active mandates

AQUILIUS

Managing director · since 22 décembre 2014 · until 30 juin 2026 · 0840.560.626

Represented by Philippe Antoine CARETTE

Active

Ended mandates

AQUILIUS

Managing director · since 22 décembre 2014 · until 15 mai 2019 · 0840.560.626

Represented by Philippe Antoine CARETTE

Ended

AQUILIUS

Managing director · since 22 décembre 2014 · until 15 mai 2019 · 0840.560.626

Represented by Philippe Antoine CARETTE

Ended

GLADIATOR

Director · since 22 décembre 2014 · until 15 mai 2019 · 0502.438.521

Represented by Denis HECQ

Ended

GLADIATOR

Director · since 22 décembre 2014 · until 30 juin 2026 · 0502.438.521

Represented by Sébastien Croegaert

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares25/08/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - CAPITAL, ACTIONS
PDF
Registered office18/04/2025
SIEGE SOCIAL
PDF
Mandates07/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office04/10/2023
SIEGE SOCIAL
PDF
Capital / shares01/08/2023
CAPITAL, ACTIONS
PDF
Mandates13/04/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares10/08/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates04/03/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025226,7 k €↑
2024
Annual accounts 202480,1 k €↓
2023
Annual accounts 2023317,5 k €↑
2022
Annual accounts 2022237,7 k €↓
2021
Annual accounts 2021256,5 k €↑
2020
Annual accounts 2020156,7 k €↓
2019
Annual accounts 2019245 k €↑
2018
Annual accounts 2018191,8 k €↑
2017
Annual accounts 2017161,7 k €↑
2016
Annual accounts 2016124,6 k €↓
2015
Annual accounts 2015232,9 k €↑
2014
Annual accounts 2014-49,6 k €↑
2013
Annual accounts 2013-84,7 k €↑
2012
Annual accounts 2012-397,7 k €↓
2011
Annual accounts 20111,1 k €↓
2010
Annual accounts 20101,5 k €↓
2009
Annual accounts 200914,3 k €↓
2008
Annual accounts 200830,3 k €↑
2007
Annual accounts 2007-219,5 k €↓
2006
Annual accounts 2006-40,4 k €
18/01/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M. CONCEPT

Overview

What does M. CONCEPT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline