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COMVERTIS

Active
Private limited companyfounded 2014active for 11 yearsJan van Ruusbroeclaan 41, 3080 Tervuren, BelgiumKBO/BCE: BE 0567.938.166
Summary

COMVERTIS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,361 and a net result of €48,857. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (13 days) Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00397023.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€48,857▼ 41.0%
2024 · €82,872
Working capital
€18,397▼ 61.5%
2024 · €47,739
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €4,631 after a loss of €4,914 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.005m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.004m▼ 57.7%-€0.004m▼ 9.5%-€0.002m▲ 45.0%€0.006m-€0.002m-€0.005m▼ 112%€0.005m
Net result-€0.003m--€0.004m▼ 53.1%-€0.004m▼ 10.0%€0.01m€0.06m▲ 363%€0.03m▼ 47.1%€0.08m▲ 166%€0.05m▼ 41.0%
Equity-€0.03m--€0.04m▼ 13.0%-€0.04m▼ 12.6%-€0.03m▲ 31.8%€0.03m€0.06m▲ 98.9%€0.1m▲ 132%€0.2m▲ 31.5%
Total assets€0.03m-€0.03m▲ 2.2%€0.5m▲ 1,946%€0.6m▲ 21.1%€1.2m▲ 84.5%€1.7m▲ 44.2%€2.8m▲ 62.6%€3.3m▲ 19.0%
Debt€0.06m-€0.06m▲ 8.2%€0.6m▲ 823%€0.7m▲ 17.3%€1.1m▲ 72.1%€1.6m▲ 42.7%€2.6m▲ 59.9%€3.1m▲ 18.3%
Working capital-€0.06m-€0.07m▼ 7.4%-€0.06m▲ 9.3%-€269▲ 99.5%-€0.007m▼ 2,547%€0.05m€0.02m▼ 61.5%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets €172,964 ▲ 76.9%
Current assets €3.1m ▲ 16.8%
Equity and liabilities €3.3m
Equity €191,361 ▲ 31.5%
Debt €3.1m ▲ 18.3%
Debt's share of the balance-sheet total falls from 94.7% to 94.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.01▼
2024 · 1.02
Debt to equity
16.11▼
2024 · 17.92
ROE
25.5%▼
2024 · 57.0%
ROA
1.5%▼
2024 · 3.0%
Debt ≤ 1 year
€3.1m▲
2024 · €2.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95.6% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.0% went bankrupt
2.1% stopped otherwise
95.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.8m€3.3m▲
Fixed assets21/28€0.1m€0.2m▲
Tangible fixed assets22/27€0.1m€0.2m▲
Furniture and vehicles24€0.1m€0.2m▲
Financial fixed assets28-€0.008m
Current assets29/58€2.7m€3.1m▲
Amounts receivable within one year40/41€0.02m€0.03m▲
Other amounts receivable41€0.02m€0.03m▲
Current investments50/53€2.6m€3.1m▲
Cash at bank and in hand54/58€0.04m€0.004m▼
Equity and liabilities
Total equity and liabilities10/49€2.8m€3.3m▲
Equity10/15€0.1m€0.2m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14€0.1m€0.2m▲
Amounts payable17/49€2.6m€3.1m▲
Amounts payable within one year42/48€2.6m€3.1m▲
Trade debts44€0.001m€0.002m▲
Suppliers440/4€0.001m€0.002m▲
Other amounts payable47/48€2.6m€3.1m▲
Income statement Code20242025
Other operating charges640/8€0.002m€0.001m▼
Gross operating margin9900-€0.003m€0.006m▲
Operating profit (loss)9901-€0.005m€0.005m▲
Financial income75/76B€0.09m€0.05m▼
Recurring financial income75€0.09m€0.05m▼
Financial charges65/66B€177€0.002m▲
Recurring financial charges65€177€0.002m▲
Profit (loss) for the period before taxes9903€0.08m€0.05m▼
Profit (loss) for the period9904€0.08m€0.05m▼
Profit (loss) for the period to be appropriated9905€0.08m€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.04m€0.1m▲
Profit to be distributed694/7-€0.003m
Directors or managers695-€0.003m

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€6,578----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€239--------
Other operating charges640/8---€347€348€384€2,062€1,030▼ 50.1%
Gross operating margin9900-€2,208-€3,164-€3,879-€1,979€5,931-€1,936-€2,852€5,660-
Operating profit (loss)9901-€2,447-€3,859-€4,226-€2,326€5,584-€2,321-€4,914€4,631-
Financial income75/76B---€15,349€155,744-€87,963€46,552▼ 47.1%
Recurring financial income75---€15,349€155,744-€87,963€46,552▼ 47.1%
Financial charges65/66B---€302€102,490-€33,458€177€2,325▲ 1,214%
Recurring financial charges65€220€224€264€302€102,490-€33,458€177€2,325▲ 1,214%
Profit (loss) for the period before taxes9903-€2,667-€4,083-€4,490€12,721€58,837€31,137€82,872€48,857▼ 41.0%
Profit (loss) for the period9904-€2,667-€4,083-€4,490€12,721€58,837€31,137€82,872€48,857▼ 41.0%
Profit (loss) for the period to be appropriated9905-€2,667-€4,083-€4,490€12,721€58,837€31,137€82,872€48,857▼ 41.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.03m€0.03m€0.5m€0.6m€1.2m€1.7m€2.8m€3.3m▲ 19.0%
Fixed assets21/28€0.03m€0.03m€0.03m€0.03m€0.03m€0.07m€0.1m€0.2m▲ 76.9%
Tangible fixed assets22/27€0.03m€0.03m€0.03m€0.03m€0.03m€0.07m€0.1m€0.2m▲ 68.3%
Furniture and vehicles24---€0.03m€0.03m€0.07m€0.1m€0.2m▲ 68.3%
Financial fixed assets28-------€0.008m-
Current assets29/58-€0.001m€0.5m€0.6m€1.1m€1.6m€2.7m€3.1m▲ 16.8%
Amounts receivable within one year40/41----€0.05m-€0.02m€0.03m▲ 86.9%
Other amounts receivable41----€0.05m-€0.02m€0.03m▲ 86.9%
Current investments50/53--€0.5m€0.6m€1.1m€1.6m€2.6m€3.1m▲ 18.1%
Cash at bank and in hand54/58-€0.001m€0.007m€0.005m€0.001m€0.001m€0.04m€0.004m▼ 91.2%
Equity and liabilities
Total equity and liabilities10/49€0.03m€0.03m€0.5m€0.6m€1.2m€1.7m€2.8m€3.3m▲ 19.0%
Equity10/15-€0.03m-€0.04m-€0.04m-€0.03m€0.03m€0.06m€0.1m€0.2m▲ 31.5%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€0.05m-€0.05m-€0.06m-€0.05m€0.01m€0.04m€0.1m€0.2m▲ 36.1%
Amounts payable17/49€0.06m€0.06m€0.6m€0.7m€1.1m€1.6m€2.6m€3.1m▲ 18.3%
Amounts payable within one year42/48€0.06m€0.06m€0.6m€0.7m€1.1m€1.6m€2.6m€3.1m▲ 18.3%
Trade debts44-€0.002m€0.001m€0.001m€0.001m€384€0.001m€0.002m▲ 95.7%
Suppliers440/4---€0.001m€0.001m€384€0.001m€0.002m▲ 95.7%
Other amounts payable47/48---€0.7m€1.1m€1.6m€2.6m€3.1m▲ 18.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,667-€4,083-€4,490€12,721€58,837€31,137€82,872€48,857▼ 41.0%
+ Depreciation and write-downs630€239--------
Operating cash flow (approximation)-€2,428-€4,083-€4,490€12,721€58,837€31,137€82,872€48,857▼ 41.0%
Investment in fixed assets (approximation)-€0€0-€6,630€1-€38,000-€28,001-€75,200▼ 169%
Change in cash--€6,317-€2,252-€3,569-€27€41,095-€38,412-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 13-08-2026 2026-00397023
31-12-2024 micro format 27-10-2025 2025-00551290
31-12-2023 micro format 29-08-2024 2024-00412693
31-12-2022 micro format 08-08-2023 2023-00322679
31-12-2021 full format 28-06-2022 2022-20109399
31-12-2020 full format 02-07-2021 2021-30400511
31-12-2019 micro format 31-08-2020 2020-47700357
31-12-2018 micro format 25-11-2019 2019-74200453
31-12-2017 micro format 08-08-2018 2018-43900464
31-12-2016 micro format 08-08-2017 2017-41500004

Show all 11 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.