Equity
AB CONVERSION paid out €34,478 in dividends. That is 105% of the 2025 profit.
AB CONVERSION paid out €34,478 in dividends. That is 105% of the 2025 profit.
The micro format states no turnover.
Short-term debts rose from €8,719 to €17,532.
The last five annual accounts were filed 1 to 37 days before the end of the period.
Higher solvency than 88% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
In July 2024, 26,973 companies had the same profile as AB CONVERSION has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for AB CONVERSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| AB CONVERSION Fernelmont | €183,468 | €52,337 | 90.4% | - |
| INSPI-RED Eghezée | €190,548 | €50,033 | 18.5% | - |
| Wannes De Backer Antwerp | €187,545 | €52,431 | 66.0% | - |
| LIÉGEOIS CONSULTING Woluwe-Saint-Pierre | €199,610 | €52,774 | 57.6% | - |
| BeTecture Boechout | €185,595 | €49,389 | 98.1% | - |
| KENT & KENT Woluwe-Saint-Lambert | €177,927 | €48,281 | 75.5% | - |
| VeSoft Genk | €186,201 | €55,653 | 67.1% | - |
These companies have the same main activity as AB CONVERSION: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €178,000 and €200,000, founded between 2018 and 2019.
AB CONVERSION files the micro format. That format states no turnover. The gross margin fell from €70,446 in 2019 to €52,337 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €90,000 and €130,000.
Higher than 89% of 22,039 companies in 2025.
Higher than 88% of 21,339 companies in 2025.
Higher than 50% of 21,530 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
183,468 | 170,126 | 166,344 | 163,344 | 94,072 | 96,063 | 91,702 | |
21/28 |
11,654 | 20,615 | 29,576 | 38,537 | 54,400 | 27,283 | 19,702 | |
22/27 |
11,654 | 20,615 | 29,576 | 38,537 | 54,400 | 27,283 | 19,702 | |
22 |
7,515 | 9,398 | 11,282 | 13,165 | 15,048 | 16,932 | 5,900 | |
24 |
4,139 | 11,217 | 18,294 | 25,372 | 39,352 | 10,351 | 13,802 | |
29/58 |
171,814 | 149,511 | 136,768 | 124,807 | 39,672 | 68,780 | 72,000 | |
40/41 |
121,933 | 38,092 | 7,460 | 8,319 | 14,047 | 18,085 | 18,501 | |
40 |
25,933 | 37,713 | 5,905 | 8,319 | 13,643 | 319 | 18,501 | |
41 |
96,000 | 379 | 1,555 | - | 404 | 17,766 | - | |
50/53 |
- | 90,000 | - | - | - | - | - | |
54/58 |
48,429 | 19,655 | 127,519 | 115,198 | 24,319 | 50,695 | 53,499 | |
490/1 |
1,452 | 1,764 | 1,789 | 1,290 | 1,306 | - | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
183,468 | 170,126 | 166,344 | 163,344 | 94,072 | 96,063 | 91,702 | |
10/15 |
165,936 | 161,407 | 155,868 | 147,580 | 86,819 | 78,350 | 64,527 | |
10/11 |
18,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
- | - | - | 12,400 | 12,400 | - | - | |
100 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
31,740 | 6,740 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | |
130/1 |
1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | - | |
130 |
- | - | - | 1,240 | 1,240 | 1,240 | 1,240 | |
1311 |
1,240 | 1,240 | 1,240 | - | - | - | - | |
133 |
30,500 | 5,500 | - | - | - | - | - | |
14 |
115,596 | 142,267 | 142,228 | 133,940 | 73,179 | 64,710 | 50,887 | |
17/49 |
17,532 | 8,719 | 10,476 | 15,764 | 7,253 | 17,713 | 27,175 | |
42/48 |
17,532 | 8,719 | 10,476 | 15,764 | 7,253 | 17,713 | 27,175 | |
44 |
2,752 | 1,386 | 413 | - | - | 87 | 474 | |
440/4 |
2,752 | 1,386 | 413 | - | - | 87 | 474 | |
45 |
14,780 | 7,070 | 10,063 | 15,514 | 7,253 | 17,626 | 26,701 | |
450/3 |
14,780 | 7,070 | 10,063 | 15,514 | 7,253 | 16,676 | 24,364 | |
454/9 |
- | - | - | - | - | 950 | 2,337 | |
47/48 |
- | 263 | - | 250 | - | - | - | |
| Income statement | ||||||||
9900 |
52,337 | 19,487 | 51,393 | 88,448 | 20,493 | 20,190 | 70,446 | |
630 |
8,961 | 8,961 | 8,961 | 8,961 | 8,273 | 5,252 | 3,550 | |
640/8 |
465 | 780 | 67 | 424 | 421 | 420 | 696 | |
9901 |
42,911 | 9,746 | 42,365 | 79,063 | 11,799 | 14,518 | 66,200 | |
75/76B |
2,847 | - | - | - | 185 | 2,092 | - | |
75 |
2,847 | - | - | - | 185 | 2,092 | - | |
65/66B |
52 | 382 | 42 | 761 | 40 | 122 | 63 | |
65 |
52 | 382 | 42 | 761 | 40 | 122 | 63 | |
9903 |
45,706 | 9,364 | 42,323 | 78,302 | 11,944 | 16,488 | 66,137 | |
67/77 |
12,899 | 3,825 | 9,435 | 17,541 | 3,475 | 2,665 | 14,010 | |
9904 |
32,807 | 5,539 | 32,888 | 60,761 | 8,469 | 13,823 | 52,127 | |
9905 |
32,807 | 5,539 | 32,888 | 60,761 | 8,469 | 13,823 | 52,127 | |
| Appropriation of the result | ||||||||
9906 |
175,074 | 147,767 | 166,828 | 133,940 | 73,179 | 64,710 | 52,127 | |
14P |
142,267 | 142,228 | 133,940 | 73,179 | 64,710 | - | - | |
691/2 |
25,000 | 5,500 | - | - | - | - | 1,240 | |
6920 |
- | - | - | - | - | - | 1,240 | |
6921 |
25,000 | 5,500 | - | - | - | - | - | |
694/7 |
34,478 | - | 24,600 | - | - | - | - | |
694 |
34,478 | - | 24,600 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00217097 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00342571 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00167395 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00184536 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20157294 | |
| 31-12-2020 | micro format | 15-06-2021 | 2021-20200559 | |
| 31-12-2019 | micro format | 22-06-2020 | 2020-19200498 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 51,872 | 18,707 | 51,326 | 88,024 | 20,072 | 19,770 | 69,750 | ||
| 41,768 | 14,500 | 41,849 | 69,722 | 16,742 | 19,075 | 55,677 | ||
| 0 | 0 | 0 | -6,902 | 35,390 | 12,833 | 23,252 | ||
| 28,774 | -107,864 | 12,321 | 90,879 | -26,376 | -2,804 | - | ||
| 154,282 | 140,792 | 126,292 | 109,043 | 32,419 | 51,067 | 44,825 | ||
| 90.4% | 94.9% | 93.7% | 90.3% | 92.3% | 81.6% | 70.4% | ||
| 9.80 | 17.15 | 13.06 | 7.92 | 5.47 | 3.88 | 2.65 | ||
| 0.11 | 0.05 | 0.07 | 0.11 | 0.08 | 0.23 | 0.42 | ||
| 19.8% | 3.4% | 21.1% | 41.2% | 9.8% | 17.6% | 80.8% | ||
| 17.9% | 3.3% | 19.8% | 37.2% | 9.0% | 14.4% | 56.8% | ||
| over 100 | 48.97 | over 100 | over 100 | over 100 | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €35,390 |
| €8,961 | €8,961 | €8,961 | €8,961 | €8,273 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 4.4 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 5.1% to 9.6%. Equity and debt are higher.
AB CONVERSION has no parent and no holdings in its annual accounts. is the only director. AB CONVERSION shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue de la Sauvenière, F.-W. 38 registered office 5380 Fernelmont | 06-12-2018 | 2.283.404.447 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92049B0030/00A000 | 1,626 m² | 1 · 121 m² | 6.4 m · 2 |
If something looks wrong or is missing, please tell us.