ConvArt
ActiveThe computed 12-month bankruptcy probability of ConvArt is 5.5% (elevated). The 2025 annual accounts show negative equity (€-23k) and a net result of €-33k. Its solvency ranks better than 5% of 27559 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-74
Growth32
Track record94
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 1.92 in 2024; short-term debt: 360.6% and cash: 52.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-260.6%
Return on assets
-374.7%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-23k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
34 d early
2024
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-23k
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€9k▼ 57.5%
2024 · €21k
2024: €21k
2024 → 2025
Net result
€-33k
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€-23k
2024 · €10k
2024: €10k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€10k-€-23k
Operating result€11k-€-32k
Net result€7k-€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€146▼ 40.8%
Current assets
€9k▼ 57.7%
Key figures and ratios
EBITDA
€-32k▼
2024 · €13k
Cash flow
€-33k▼
2024 · €8k
Solvency
-260.6%▼
2024 · 48.5%
Current ratio
0.27▼
2024 · 1.92
Quick ratio
0.27▼
2024 · 1.92
Debt / equity
-1.38▼
2024 · 1.06
ROA
-374.7%▼
2024 · 34.2%
Interest coverage
-22.01▼
2024 · 21.14
Debt
€32k▲
2024 · €11k
Debt ≤ 1 year
€32k▲
2024 · €11k
Income taxes
€259▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€9k▼
Fixed assets21/28€247€146▼
Tangible fixed assets22/27€247€146▼
Plant, machinery and equipment23€247€146▼
Current assets29/58€21k€9k▼
Amounts receivable within one year40/41€19k€4k▼
Trade receivables40€18k€4k▼
Other amounts receivable41€352-
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€21k€9k▼
Equity10/15€10k€-23k▼
Contributions10/11€3k€3k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€150€-33k▼
Amounts payable17/49€11k€32k▲
Amounts payable within one year42/48€11k€32k▲
Trade debts44€553€4k▲
Suppliers440/4€553€4k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€4k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€101▼
Other operating charges640/8€1k€325▼
Gross operating margin9900€14k€-31k▼
Operating profit (loss)9901€11k€-32k▼
Financial income75/76B€28€0▼
Recurring financial income75€28€0▼
Financial charges65/66B€602€1k▲
Recurring financial charges65€602€1k▲
Profit (loss) for the period before taxes9903€11k€-33k▼
Income taxes67/77€4k€259▼
Profit (loss) for the period9904€7k€-33k▼
Profit (loss) for the period to be appropriated9905€7k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-33k▼
Profit (loss) brought forward from the previous period14P-€150
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
NBB filing
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Diesterstraat 463800 Sint-TruidenGround area
248 m²
Building footprint
181 m²
Volume, LiDAR
1,493 m³
Parcel 71053H0574/00G000, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ConvArt
since 20222.339.417.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0574/00G000 | Flanders | 248 m² | 1 · 180 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CLALA IMMO
BE 0841.596.744
Sint-Jans-Molenbeek · Eq €10k
LUKA RENOVATION
BE 0788.419.364
Dinant · Eq €10k
COR-STRUYF
BE 0426.019.545
Rumst · Eq €10k
MOBERO
BE 0771.347.661
Aalst · Eq €10k
RENOVECO
BE 0783.282.819
Vilvoorde · Eq €10k
Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 4,076 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2022
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.