ACTIVE

CONCEPT & FORME DEVELOPPEMENTS

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Financial year 2025 · closed on 31/12/2025

Net result

224,4 k €

-84.2% YoY

Revenue

1,6 M €

+58.7% YoY

Equity

17,4 M €

+1.3% YoY

What does CONCEPT & FORME DEVELOPPEMENTS do?

CONCEPT & FORME DEVELOPPEMENTS is a Public limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Profondeville.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0521.929.383

Incorporation

12/03/2013

Legal form

Public limited company

Registered office

Rue Jules Borbouse(B.V.) 4
5170 Profondeville · WallonieSee on map

Contributed capital

11 229 524,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	1,6 M €	+58.7%	1 M €	+28.7%	795,6 k €		–		–		–		–		–		–		–		–		–		–
EBITDA	224,7 k €	+369%	-83,6 k €	-172%	-30,7 k €	-133%	92,3 k €	-17.0%	111,2 k €	+397%	-37,4 k €	-162%	-14,3 k €	-181%	17,7 k €	+154%	-33 k €	-3057%	-1 k €	-1.2%	-1 k €	-20.7%	-855 €	+99.6%	-215,1 k €
Operating result	224,7 k €	+369%	-83,6 k €	-172%	-30,7 k €	-133%	92,3 k €	+38.1%	66,9 k €	+182%	-81,8 k €	-39.5%	-58,6 k €	-120%	-26,6 k €	+65.5%	-77,3 k €	-7305%	-1 k €	-1.2%	-1 k €	-20.7%	-855 €	+99.6%	-215,1 k €
Net result	224,4 k €	-84.2%	1,4 M €	+11.4%	1,3 M €	-16.1%	1,5 M €	+2226%	65,2 k €	+126%	-246,6 k €	-34.2%	-183,8 k €	-141%	447,6 k €	+761%	52 k €	+150%	-103,3 k €	+5.0%	-108,7 k €	-104%	3,1 M €	-53.9%	6,7 M €
Balance sheet
Equity	17,4 M €	+1.3%	17,2 M €	+9.0%	15,7 M €	-1.5%	16 M €	+1.5%	15,8 M €	-7.9%	17,1 M €	+28.4%	13,3 M €	-32.2%	19,7 M €	+2.3%	19,2 M €	+0.3%	19,2 M €	-0.5%	19,3 M €	-0.6%	19,4 M €	+18.8%	16,3 M €
Total assets	17,5 M €	+1.2%	17,3 M €	-0.0%	17,3 M €	+0.1%	17,3 M €	+0.1%	17,3 M €	-1.2%	17,5 M €	-1.7%	17,8 M €	-27.5%	24,5 M €	+0.7%	24,4 M €	+10.3%	22,1 M €	+1.5%	21,8 M €	-2.8%	22,4 M €	+2.8%	21,8 M €
Cash	89 k €	+160%	34,2 k €	-75.4%	138,8 k €	+2.7%	135,2 k €	+12.7%	120 k €	+71.4%	70 k €	+980%	6,5 k €	-66.5%	19,4 k €	+663%	2,5 k €	-50.8%	5,2 k €	-22.5%	6,7 k €	-99.5%	1,3 M €	+5259%	24 k €
Debts	114 k €	-12.0%	129,5 k €	-91.7%	1,6 M €	+19.6%	1,3 M €	-14.2%	1,5 M €	+323%	357,8 k €	-92.0%	4,5 M €	-8.4%	4,9 M €	-5.6%	5,1 M €	+75.9%	2,9 M €	+17.0%	2,5 M €	-16.9%	3 M €	-44.9%	5,5 M €
Other
Workforce	–		–		–		–		0,0 ETP	-100%	0,4 ETP	-60.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 17 ended

Active mandates

BNP Paribas Fortis Private Equity Management

Director · since 18 mars 2024 · until 17 mars 2030 · 0438.091.788

Active

IM'HO

Director · since 18 mars 2024 · until 17 mars 2030 · 0739.991.818

Active

INSIDE MANAGEMENT

Managing director · since 18 mars 2024 · until 17 mars 2030 · 0479.277.889

Active

M2CONSULT

Chairman of the board of directors · since 18 mars 2024 · until 17 mars 2030 · 0869.774.452

Active

NLJ MANAGEMENT

Managing director · since 18 mars 2024 · until 17 mars 2030 · 0744.610.503

Active

SPARAXIS

Director · since 18 mars 2024 · until 17 mars 2030 · 0452.116.307

Active

Ended mandates

IM'HO

Chairman of the board of directors · since 31 août 2020 · until 21 avril 2026 · 0739.991.818

Represented by GERARD PITANCE

Ended

NLJ MANAGEMENT

Managing director · since 28 avril 2020 · until 18 mars 2025 · 0744.610.503

Represented by MICHAEL DEBEHOGNE

Ended

Gérard PITANCE

Chairman of the board of directors · since 19 mars 2019 · until 18 mars 2025

Ended

Gérard PITANCE

Managing director · since 19 mars 2019 · until 18 mars 2025

Ended

At this address

Other companies at this address

Company	CBE no.
Concept et Forme Immo● Active	0732.659.311
Groupe CFD● Active	0728.610.946
IM'HO● Active	0739.991.818
Stûv● Active	0423.958.294

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	07/07/2026	02/07/2025	19/07/2024	23/06/2023	21/07/2022	13/07/2021
General meeting	21/04/2026	15/04/2025	16/04/2024	18/04/2023	19/04/2022	20/04/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/04/2026	07/07/2026	French	PDF
Full model	31/12/2024	15/04/2025	02/07/2025	French	PDF
m120-f-p	31/12/2024	18/07/2025	30/07/2025	French	PDF
Full model	31/12/2023	16/04/2024	19/07/2024	French	PDF
m120-f-p	31/12/2023	19/07/2024	31/07/2024	French	PDF
Abridged model	31/12/2022	18/04/2023	23/06/2023	French	PDF
Abridged model	31/12/2021	19/04/2022	21/07/2022	French	PDF
Abridged model	31/12/2020	20/04/2021	13/07/2021	French	PDF
Abridged model	31/12/2019	17/03/2020	29/09/2020	French	PDF
Abridged model	31/12/2018	19/03/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	20/03/2018	20/07/2018	French	PDF
Abridged model	31/12/2016	21/03/2017	28/09/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	20/07/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	01/07/2015	French	PDF
Abridged model	31/12/2013	28/04/2014	12/06/2014	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 active · 17 ended

Active mandates

BNP Paribas Fortis Private Equity Management

Director · since 18 mars 2024 · until 17 mars 2030 · 0438.091.788

Active

IM'HO

Director · since 18 mars 2024 · until 17 mars 2030 · 0739.991.818

Active

INSIDE MANAGEMENT

Managing director · since 18 mars 2024 · until 17 mars 2030 · 0479.277.889

Active

M2CONSULT

Chairman of the board of directors · since 18 mars 2024 · until 17 mars 2030 · 0869.774.452

Active

NLJ MANAGEMENT

Managing director · since 18 mars 2024 · until 17 mars 2030 · 0744.610.503

Active

SPARAXIS

Director · since 18 mars 2024 · until 17 mars 2030 · 0452.116.307

Active

Ended mandates

IM'HO

Chairman of the board of directors · since 31 août 2020 · until 21 avril 2026 · 0739.991.818

Represented by GERARD PITANCE

Ended

NLJ MANAGEMENT

Managing director · since 28 avril 2020 · until 18 mars 2025 · 0744.610.503

Represented by MICHAEL DEBEHOGNE

Ended

Gérard PITANCE

Chairman of the board of directors · since 19 mars 2019 · until 18 mars 2025

Ended

Gérard PITANCE

Managing director · since 19 mars 2019 · until 18 mars 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/06/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates07/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/01/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates15/05/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares27/04/2020
CAPITAL, ACTIONS - DIVERS
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 2025224,4 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 20231,3 M €↓
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 202165,2 k €↑
2020
Annual accounts 2020-246,6 k €↓
2019
Annual accounts 2019-183,8 k €↓
2018
Annual accounts 2018447,6 k €↑
2017
Annual accounts 201752 k €↑
2016
Annual accounts 2016-103,3 k €↑
2015
Annual accounts 2015-108,7 k €↓
2014
Annual accounts 20143,1 M €↓
2013
Annual accounts 20136,7 M €
12/03/2013
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

CONCEPT & FORME DEVELOPPEMENTS

Overview

What does CONCEPT & FORME DEVELOPPEMENTS do?

Trend over 13 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