CONVAS
The computed 12-month bankruptcy probability of CONVAS is 1.0% (low). The 2024 annual accounts show equity of €311k and a net result of €168k. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 1675 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €311k |
| Net result | €168k |
| Staff (FTE) | 1 |
| Better than sector | 70% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.9% | 14.2% | |
| Net result | €168k | €-141 | |
| Equity | €311k | €107k | |
| Gross operating margin | €335k | €50k | |
| Staff costs | €55k | €77k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €275k |
| Net profit | €168k |
| Cash flow | €216k |
| Staff costs | €55k |
| Income taxes | €55k |
| Dividends | €200k |
| Total assets | €866k |
| Equity | €311k |
| Debt | €555k |
| of which ≤ 1y | €437k |
| of which > 1y | €117k |
| Working capital | €207k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.47 |
| Quick ratio | 1.47 |
| Working capital ratio | 23.9% |
| Solvency | 35.9% |
| Debt / equity | 1.78 |
| Long-term debt ratio | 0.38 |
| Interest coverage | 23.20 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.4% |
| ROE | 53.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €866k |
| Fixed assets | 21/28 | €222k |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €216k |
| Current assets | 29/58 | €644k |
| Amounts receivable within one year | 40/41 | €591k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €866k |
| Equity | 10/15 | €311k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €306k |
| Amounts payable | 17/49 | €555k |
| Amounts payable after one year | 17 | €117k |
| Amounts payable within one year | 42/48 | €437k |
| Trade debts payable within one year | 44 | €102k |
| Income statement | ||
| Gross operating margin | 9900 | €335k |
| Operating result | 9901 | €226k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €222k |
| Income taxes | 67/77 | €55k |
| Net result for the period | 9904 | €168k |
| Result to be appropriated | 9905 | €168k |
| NACE primary | Real estate activities(68310) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-2021 |
| Status | Active |
| Postal code | 9030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0758/00N005 | Flanders | 446 m² | 1 · 248 m² | 10.7 m · 2 fl. |
| 44816K0716/00B002 | Flanders | 285 m² | 1 · 193 m² | 13.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-07-2024 Registered office moved within Gent
- Alphonse Claeys-Bouüaertlaan 57/001, 9030 Gent → Brugsesteenweg 557
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Brugsesteenweg 557",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Brugsesteenweg",
"country": "BE",
"postcode": "9030",
"box_number": null,
"street_number": "557",
"locality_suffix": null
},
"old_address": {
"raw": "Alphonse Claeys-Bou\u00FCaertlaan 57/001, 9030 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Alphonse Claeys-Bou\u00FCaertlaan",
"country": "BE",
"postcode": "9030",
"box_number": "001",
"street_number": "57",
"locality_suffix": null
},
"effective_date": "2024-06-11",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-07-19",
"filing_date": "2024-07-10",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-06-11",
"unanimous": null
},
"subject_company": {
"kbo": "0773.392.183",
"name_full": "CONVAS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "De Vusser Steven",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 19/07/2024 - Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CONVAS |