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AB CONVERSION

Active Private limited companyfounded 2018active for 7 yearsRue de la Sauvenière, F.-W. 38, 5380 FernelmontKBO/BCE: BE 0715.567.614 #5 company by equity in Fernelmont, Telecoms and IT sector

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €88,448 (2022)
€52,337▲ 169%
peak €60,761 (2022)
€32,807▲ 492%
peak €165,936 (2025)
€165,936▲ 2.8%
€17,532▲ 101%
Board2 names since 2018
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €19,487 to €52,337Result from €5,539 to €32,807Dividend €34,478Debts from €8,719 to €17,532Cash from €19,655 to €48,429

Key points

from the 2025 annual accounts

Equity

€165,936 ▲ 2.8%
161,4072024+32,807Profit-34,478Dividend+6,200Other165,9362025

AB CONVERSION paid out €34,478 in dividends. That is 105% of the 2025 profit.

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Liquidity

9.80 was 17.15 in 2024

Short-term debts rose from €8,719 to €17,532.

Filings

7 annual accounts since 2019
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 1 to 37 days before the end of the period.

Position in the sector

90.4%

Higher solvency than 88% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as AB CONVERSION has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director
  • 99 sharesdeed of 10-12-2018
  • 1 sharedeed of 10-12-2018
  • 99 sharesdeed of 10-12-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0715567614
1 director resigning, 1 reappointment Reappointment: (director) · Resignation: · Permanent representative: · Gazette deed
Incorporation Founding capital of €18,600, 100 shares, €12,400 paid up · Founders: and · Appointment: (manager) · published on 10-12-2018 · Gazette deed
First establishment Rue de la Sauvenière, F.-W. 38, Fernelmont
All 15 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 06-12-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.283.404.4475380 Fernelmont, since 06-12-2018
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

€52,337▲ 169%
€32,807▲ 492%
€165,936▲ 2.8%
€183,468▲ 7.8%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on AB CONVERSION

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.

Financials

Annual accounts 2025

micro format, filed on 26-06-2026, 35 days before the deadline
€52,337
▲ 169%
€42,911
▲ 340%
€32,807
▲ 492%
€154,282
▲ 9.6%
90.4%
▼ 4.4 percentage points
9.80
▼ 7.35

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.

Balance sheet

balance sheet total €183,468 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

90.4%

Higher than 89% of 22,039 companies in 2025.

9.80

Higher than 88% of 21,339 companies in 2025.

17.9%

Higher than 50% of 21,530 companies in 2025.

AB CONVERSION Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 183,468170,126166,344163,34494,07296,06391,702
21/28 11,65420,61529,57638,53754,40027,28319,702
22/27 11,65420,61529,57638,53754,40027,28319,702
22 7,5159,39811,28213,16515,04816,9325,900
24 4,13911,21718,29425,37239,35210,35113,802
29/58 171,814149,511136,768124,80739,67268,78072,000
40/41 121,93338,0927,4608,31914,04718,08518,501
40 25,93337,7135,9058,31913,64331918,501
41 96,0003791,555-40417,766-
50/53 -90,000-----
54/58 48,42919,655127,519115,19824,31950,69553,499
490/1 1,4521,7641,7891,2901,306--
Balance sheet: equity and liabilities
10/49 183,468170,126166,344163,34494,07296,06391,702
10/15 165,936161,407155,868147,58086,81978,35064,527
10/11 18,60012,40012,40012,40012,40012,40012,400
10 ---12,40012,400--
100 ---12,40012,40012,40012,400
13 31,7406,7401,2401,2401,2401,2401,240
130/1 1,2401,2401,2401,2401,2401,240-
130 ---1,2401,2401,2401,240
1311 1,2401,2401,240----
133 30,5005,500-----
14 115,596142,267142,228133,94073,17964,71050,887
17/49 17,5328,71910,47615,7647,25317,71327,175
42/48 17,5328,71910,47615,7647,25317,71327,175
44 2,7521,386413--87474
440/4 2,7521,386413--87474
45 14,7807,07010,06315,5147,25317,62626,701
450/3 14,7807,07010,06315,5147,25316,67624,364
454/9 -----9502,337
47/48 -263-250---
Income statement
9900 52,33719,48751,39388,44820,49320,19070,446
630 8,9618,9618,9618,9618,2735,2523,550
640/8 46578067424421420696
9901 42,9119,74642,36579,06311,79914,51866,200
75/76B 2,847---1852,092-
75 2,847---1852,092-
65/66B 52382427614012263
65 52382427614012263
9903 45,7069,36442,32378,30211,94416,48866,137
67/77 12,8993,8259,43517,5413,4752,66514,010
9904 32,8075,53932,88860,7618,46913,82352,127
9905 32,8075,53932,88860,7618,46913,82352,127
Appropriation of the result
9906 175,074147,767166,828133,94073,17964,71052,127
14P 142,267142,228133,94073,17964,710--
691/2 25,0005,500----1,240
6920 ------1,240
6921 25,0005,500-----
694/7 34,478-24,600----
694 34,478-24,600----
Document PDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00217097 PDF
31-12-2024 micro format 30-07-2025 2025-00342571 PDF
31-12-2023 micro format 25-06-2024 2024-00167395 PDF
31-12-2022 micro format 29-06-2023 2023-00184536 PDF
31-12-2021 micro format 24-06-2022 2022-20157294 PDF
31-12-2020 micro format 15-06-2021 2021-20200559 PDF
31-12-2019 micro format 22-06-2020 2020-19200498 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
51,87218,70751,32688,02420,07219,77069,750
41,76814,50041,84969,72216,74219,07555,677
000-6,90235,39012,83323,252
28,774-107,86412,32190,879-26,376-2,804-
154,282140,792126,292109,04332,41951,06744,825
90.4%94.9%93.7%90.3%92.3%81.6%70.4%
9.8017.1513.067.925.473.882.65
0.110.050.070.110.080.230.42
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 10048.97over 100over 100over 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.

Investments

fixed assets acquired
Item20252024202320222021
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)

Insights on AB CONVERSION

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.

Board & ownership

Board

1 director, no change since 2023
Director (not named in the articles)
in office according to the deed of 09-08-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 13. POUVOIRS DE L’ORGANE D’ADMINISTRATION S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 09-08-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Board

Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Board, since before 09-08-2023
    • Manager, appointed by deed of 10-12-2018, last mentioned in 2018

See the board, name and registered office on a given date →

Control

Founders
, ,
This company
AB CONVERSION
Equity €165,936
Profit €32,807 in 2025

Capital

Contribution
€18,600
Shares
100
Contribution per share
€186
Equity per share
€1,659 in 2025
Source
2025 annual accounts

Articles of association

deed of 09-08-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs au prorata, cessions entre vifs onéreux gratuit volontaires forcées exclusion retrait usufruit nue-propriété…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 14:30

Shareholders

At incorporation deed of 10-12-2018 ↗
  • 99 shares (99%) · €18,414
  • 1 share (1%) · €186
  • 99 shares (100%) · €18,414

Capital transactions

Capital over time
  1. 09-08-2023 Converted to unavailable equity
  2. 10-12-2018 Incorporation · €18,600 · 100 shares
  3. 10-12-2018 Incorporation · €18,414 · 99 shares
  4. 10-12-2018 Incorporation · €186 · 1 share

Network & group

No group

AB CONVERSION has no parent and no holdings in its annual accounts. is the only director. AB CONVERSION shares no director with another company.

Timeline

Timeline

15 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0715567614
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Weakest financial year net €5,539 ▼83.2% The net result drops to €5,539, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 36 days before the deadline
2023
Equity above €150,000 equity €155,868 ▲5.6% With a profit in every financial year since 2019, equity grows to €155,868.
1 director resigning, 1 reappointmentReappointment: (director) · Resignation: · Permanent representative: 6 points ▸
  • 100 shares
  • Director reappointment, (director (not named in the articles))
  • Director resignation,
  • Permanent representative,
  • Registered office clause, rue de la Sauvenière 38, 5380 Fernelmont (Franc-Waret)
  • Power of attorney, , mentioned twice in the deed
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Highest result from 2019 to 2025 net €60,761 ▲617% The operating result of €79,063 and the net result of €60,761 are both a record.
Equity above €100,000 equity €147,580 ▲70% With a profit in every financial year since 2019, equity grows to €147,580.
Annual accounts 2021 filed PDFmicro format · 37 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 46 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 39 days before the deadline
2018
IncorporationFounding capital of €18,600, 100 shares, €12,400 paid up · Founders: and · Appointment: (manager) · published on 10-12-20186 points ▸
  • Founder,
  • Founder,
  • Founding capital, €18,600, 100 shares
  • Founding capital, €18,414, 99 shares
  • Founding capital, €186, 1 share
  • Director appointment, (manager)
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue de la Sauvenière, F.-W. 38, Fernelmont

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 December 2018, AB CONVERSION was incorporated by three natural persons, with a starting capital of €18,600.12 is director of the company according to the deed of 09-08-2023.3 Total assets went from €91,702 in 2019 to €183,468 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-12-2018
  3. 3Belgian Official Gazette, 09-08-2023
  4. 4National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0715.567.614
VAT number
BE 0715.567.614
Peppol ID
0208:0715567614
Other Peppol ID
9925:BE0715567614
Legal form
Private limited company
Status
Active, normal situation
Founded
06-12-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 14:30
deed of 09-08-2023 (in French)
Peppol
Reachable since 10-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
AB CONVERSION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-08-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toute opération d'achat,de vente et de location de matériel informatique (hardware et software),d’unités périphériques,d’équipements de…”
23 activities
  1. Toute opération d'achat,de vente et de location de matériel informatique (hardware et software),d’unités périphériques,d’équipements de télécommunication,de matériel audio-vidéo et logiciels,de matériel et de mobilier de bureau et en général de tout matériel pouvant servir directement ou indirectement à son objet,et ce que ce soit en magasin ou par internet.
  2. La création,le développement,la distribution,l'installation,la mise en service des supports informatiques aussi bien en matière de software que de hardware et la centralisation des données :
  3. Gestion des réseaux et des ordinateurs,étude et développement de logiciels,la création,le développement,l'installation et la mise en œuvre de réseaux internationaux;
  4. Le développement,la coordination et la supervision du traitement des données,des programmes ainsi que du choix des matériels et logiciels informatiques;
  5. La coordination et le développement de systèmes informatiques;
  6. L'achat,l'exploitation,la location,la cession de tout brevet,licence,intervention ou marque de fabrique se rattachant directement ou indirectement à l'objet de la société.
  7. L'organisation,l'élaboration et l'animation de conférences,de séminaires,de formations générales professionnelles ou techniques;
  8. Toute opération concernant l'information,la diffusion par toute voie de publicité et de documentation et le service aux personnes physiques et morales;
  9. Toute activité en rapport avec le service internet,extranet,intranet,ainsi que tous services en matière de télécommunication,informatique,présent ou futur;
  10. Toutes prestations de services dans le domaine de l’informatique et de la bureautique,telles que notamment,la réparation d’ordinateurs,d’équipements électriques et de communication,la création,la conception,la diffusion,la gestion de logiciels,programmes,ainsi que de tous autres supports informatiques,l’activité de conseil,la formation,la tenue de cours et l’organisation de tous systèmes informatiques ainsi que l’accueil et la gestion de services internet.
  11. La consultance et/ou la prestation de services dans les domaines de la gestion,de l’administration,de la restructuration,du développement,de la reconversion et du management d’entreprises,le développement et la commercialisation de logiciels de tous types et/ou de tous concepts de gestion et de management d’entreprises en général ;
  12. La consultance,la prestation de services,la formation,et l’expertise dans les domaines de la conception et la mise au point de modèles numériques,algorithmes et logiciels de tous types,ainsi que dans les domaines de la gestion de l'environnement,de la mobilité,de l'énergie et de la responsabilité sociétale de l'entreprise ;
  13. Tous travaux de secretariat en général ;
  14. Tous travaux d’encodage et de traitement de l’information et/ou de données informatiques ;
  15. La réalisation d’études,sur base des domaines précités,et en particulier,la réalisation de simulations et analyses numériques ainsi que l’étude de l’optimisation de procédés et/ou de procédures ;
  16. La recherche,la conception,le développement,l’engineering,la production,le commerce,la diffusion,le marketing,l’amélioration et la réalisation de tous matériels et concepts dans les domaines de la modélisation,de l’informatique et de la programmation,pour tout particulier,toute industrie ou administration publique ou privée ;
  17. La société peut également effectuer des études,programmer et mettre en route des systèmes d’organisation,de vente,de publicité,de marketing,mettre en application des systèmes pour traiter des données et toutes techniques en rapport avec la gestion technique,administrative,économique et générale d’entreprises ;
  18. La société peut également concevoir,étudier,promouvoir et réaliser tous projets informatiques,bureautiques et toute ce qui s’y rapporte,ainsi que tous projets de gestion environnementale,gestion de l'énergie,de la responsabilité sociétale de l'entreprise et tout ce qui s'y rapporte ;
  19. L'achat,la vente et l'exploitation de tous biens immeubles bâtis ou non bâtis.
  20. A) exploiter les terres,pâtures et parcelles boisées faisant partie de son patrimoine ou appartenant à des tiers ; y faire tous travaux forestiers,plantations,semis,entretiens,élagages et vente ;
  21. B) acquérir,construire,rénover,promouvoir,lotir,urbaniser,vendre et exploiter des mêmes manières tous bâtiments et terrains constructibles ; y faire tous travaux,toutes améliorations,toutes transformations et toutes constructions ;
  22. C) donner à bail et concéder tous droits réels sur les biens faisant partie de son patrimoine ou appartenant à des tiers.
  23. D) la promotion immobilière d’immeubles bâtis ou non bâtis,neufs ou non,quelle qu’en soit la destination,en ce compris la réalisation de tout lotissement ou urbanisation ;
deed of 09-08-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de la Sauvenière, F.-W. 38 registered office 5380 Fernelmont 06-12-2018 2.283.404.447

Buildings and parcels at the address

Ground area
1,627 m²
Buildings
121 m²
Volume, LiDAR
605 m³
Tallest building
6.4 m
Buildings to scale, each on its own parcel
121 m², 6.4 m 121 m², 6.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92049B0030/00A0001,626 m² 1 · 121 m² 6.4 m · 2

Contact

Phone +32 477 90 38 35