ACTIVE

CONCEPT 9

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-63 k €
-111.2% YoY
Gross margin
86,5 k €
-87.3% YoY
Equity
1,3 M €
-4.6% YoY

What does CONCEPT 9 do?

CONCEPT 9 is a Private limited company incorporated in 2010. Its main activity is: Buying and selling of own real estate. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0827.932.315
Incorporation
19/07/2010
Legal form
Private limited company
Registered office
Chaussée de La Hulpe 177-9
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
24 800,00 €
Latest accounts
31/12/2025
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate+2
Signals
Solid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin86,5 k €678,5 k €575,8 k €109,7 k €114 k €60,8 k €101,9 k €23,9 k €8,8 k €-4,7 k €61,1 k €75,6 k €110,8 k €68,3 k €50,9 k €
EBITDA80 k €670,7 k €518,9 k €100,5 k €104,5 k €-43,7 k €94,5 k €18,5 k €-6,9 k €-93,2 k €54,7 k €61,5 k €105,2 k €62,3 k €40,3 k €
Operating result-9,5 k €579,6 k €324,4 k €-62,5 k €-51 k €-208 k €-67,9 k €-150,8 k €-156,6 k €-222,7 k €-64,7 k €-109,4 k €-63,8 k €-103,3 k €-226 k €
Net result-63 k €561,6 k €305,8 k €-56,1 k €-27,6 k €-223,4 k €-66,1 k €-150 k €-156,5 k €-216,3 k €41 k €-101,6 k €-58,5 k €-57,2 k €-221,4 k €
Balance sheet
Equity1,3 M €1,4 M €1,4 M €1,2 M €1,3 M €1,3 M €1,5 M €1,6 M €1,7 M €1,9 M €2,1 M €2,1 M €2,2 M €2,2 M €2,3 M €
Total assets3,4 M €3,8 M €3,9 M €2,5 M €2,6 M €2,7 M €3,1 M €3,3 M €3,5 M €3,2 M €3,2 M €3,2 M €3,4 M €3,6 M €3,9 M €
Cash3,8 k €10,3 k €18 k €18,5 k €12,1 k €22 k €77,3 k €290,6 k €651,1 k €347,9 k €936 k €1,1 k €69,8 k €238,5 k €1,9 k €
Debts2,1 M €2,4 M €2,4 M €942 k €1 M €1,1 M €1,2 M €1,4 M €1,4 M €919,1 k €664,2 k €566,5 k €600,9 k €736,7 k €942,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

BARON INVESTMENTS

Director · since 28 février 2023 · 0874.314.943

Represented by Ramy Baron

Active

Ended mandates

Sabine THIRY

Manager · since 09 décembre 2014

Ended
BARON INVESTMENTS

Représentant permanent personne morale · 0874.314.943

Represented by Ramy Baron

Ended
BARON INVESTMENTS

Director · 0874.314.943

Represented by Ramy Baron

Ended
Jean-Claude DELOGNE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date28/08/202629/08/202502/08/202430/01/202316/02/202212/02/2021
General meeting19/08/202617/07/202529/07/202421/12/202221/12/202121/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/08/202628/08/2026FrenchPDF
Abridged model31/12/202417/07/202529/08/2025FrenchPDF
Abridged model31/12/202329/07/202402/08/2024FrenchPDF
Micro model30/06/202221/12/202230/01/2023FrenchPDF
Micro model30/06/202121/12/202116/02/2022FrenchPDF
Abridged model30/06/202021/12/202012/02/2021FrenchPDF
Abridged model30/06/201921/12/201931/01/2020FrenchPDF
Micro model30/06/201821/12/201828/01/2019FrenchPDF
Micro model30/06/201721/12/201730/01/2018FrenchPDF
Abridged model30/06/201630/01/201701/02/2017FrenchPDF
Abridged model30/06/201514/01/201615/02/2016FrenchPDF
Abridged model30/06/201421/12/201430/01/2015FrenchPDF
Abridged model30/06/201303/02/201419/02/2014FrenchPDF
Abridged model30/06/201201/03/201313/03/2013FrenchPDF
Abridged model30/06/201109/03/201211/03/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 6 ended

Active mandates

BARON INVESTMENTS

Director · since 28 février 2023 · 0874.314.943

Represented by Ramy Baron

Active

Ended mandates

Sabine THIRY

Manager · since 09 décembre 2014

Ended
BARON INVESTMENTS

Représentant permanent personne morale · 0874.314.943

Represented by Ramy Baron

Ended
BARON INVESTMENTS

Director · 0874.314.943

Represented by Ramy Baron

Ended
Jean-Claude DELOGNE

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates29/12/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/10/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Other29/07/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025-63 k €↓
  2. 2024
    Annual accounts 2024561,6 k €↑
  3. 2023
    Annual accounts 2023305,8 k €↑
  4. 2022
    Annual accounts 2022-56,1 k €↓
  5. 2021
    Annual accounts 2021-27,6 k €↑
  6. 2020
    Annual accounts 2020-223,4 k €↓
  7. 2019
    Annual accounts 2019-66,1 k €↑
  8. 2018
    Annual accounts 2018-150 k €↑
  9. 2017
    Annual accounts 2017-156,5 k €↑
  10. 2016
    Annual accounts 2016-216,3 k €↓
  11. 2015
    Annual accounts 201541 k €↑
  12. 2014
    Annual accounts 2014-101,6 k €↓
  13. 2013
    Annual accounts 2013-58,5 k €↓
  14. 2012
    Annual accounts 2012-57,2 k €↑
  15. 2011
    Annual accounts 2011-221,4 k €
  16. 19/07/2010
    IncorporationPrivate limited company