CONVER PLUS
ActiveCONVER PLUS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223k and a net result of €94k. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 22.42 in 2024), and 32.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
28.7%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-04-2026, 111 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
111 d early
2024
73 d early
2023
45 d early
2022
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€195k
EBIT margin
61.3%
Net result
€94k▲ 6.7%
2024 · €88k
2022: €66k
2023: €80k
2024: €88k
2022 → 2025
Working capital
€214k▼ 3.6%
2024 · €222k
2022: €43k
2023: €127k
2024: €222k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€195k
Equity€70k-€150k▲ 112%€238k▲ 59.1%€223k▼ 6.3%
Operating result€99k-€113k▲ 14.2%€119k▲ 5.4%€120k▲ 0.6%
Net result€66k-€80k▲ 20.5%€88k▲ 10.3%€94k▲ 6.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 1% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €328k
Fixed assets
€9k▼ 42.0%
Current assets
€319k▲ 37.1%
Equity and liabilities €328k
Equity
€223k▼ 6.3%
Debt
€105k▲ 875%
The debt ratio rises from 4.3% to 32.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€127k▲
2024 · €126k
Cash flow
€101k▲
2024 · €95k
Solvency
67.9%▼
2024 · 95.7%
Current ratio
3.05▼
2024 · 22.42
Quick ratio
3.05▼
2024 · 22.42
Debt / equity
0.47▲
2024 · 0.05
ROE
42.3%▲
2024 · 37.1%
ROA
28.7%▼
2024 · 35.5%
Interest coverage
175.21▼
2024 · 382.56
Debt
€105k▲
2024 · €11k
Debt ≤ 1 year
€105k▲
2024 · €10k
Income taxes
€27k▼
2024 · €34k
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€249k€328k▲
Formation expenses20€0-
Fixed assets21/28€16k€9k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€16k€9k▼
Land and buildings22€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€16k€9k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€0-
Current assets29/58€233k€319k▲
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€0-
Stocks30/36€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€97k€130k▲
Trade receivables40€26k€26k=
Other amounts receivable41€71k€104k▲
Current investments50/53€0€175k▲
Cash at bank and in hand54/58€135k€13k▼
Deferred charges and accrued income490/1€489€1k▲
Equity and liabilities
Total equity and liabilities10/49€249k€328k▲
Equity10/15€238k€223k▼
Contributions10/11€5k€5k=
Reserves13€233k€218k▼
Distributable reserves133€233k€218k▼
Profit (loss) carried forward14€0-
Investment grants15€0-
Advance to shareholders on the distribution of net assets19€0-
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Amounts payable17/49€11k€105k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€10k€105k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€541€176▼
Suppliers440/4€541€176▼
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€10k€10k▲
Other amounts payable47/48€0€94k▲
Accrued charges and deferred income492/3€426€682▲
Income statement
Code20242025
Turnover70-€195k
Goods, raw materials, services and sundry goods60/61-€68k
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€127k€128k▲
Operating profit (loss)9901€119k€120k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€329€722▲
Recurring financial charges65€329€722▲
Profit (loss) for the period before taxes9903€123k€121k▼
Income taxes67/77€34k€27k▼
Profit (loss) for the period9904€88k€94k▲
Profit (loss) for the period to be appropriated9905€88k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€94k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€88k-
To other reserves6921€88k-
Profit to be distributed694/7-€109k
Return on contributions (dividend)694-€109k
The notes to these accounts (4 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
11-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €94k ▲6.7%
Operating result €120k, net result €94k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 22.42
Current ratio from 9.06 to 22.42; short-term debt falls from €16k to €10k.
31-12
Financial
Equity above €200kEq €238k ▲59.1%
3 profitable years in a row build equity to €238k.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 9.06
Current ratio from 2.36 to 9.06; short-term debt falls from €32k to €16k.
31-12
Financial
Equity above €100kEq €150k ▲112%
2 profitable years in a row build equity to €150k.
18-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudenaarde · 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.
Rekkemstraat 1179700 OudenaardeGround area
1,324 m²
Building footprint
148 m²
Volume, LiDAR
845 m³
Parcel 45505A0181/00D000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CONVER PLUS
since 20222.329.986.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45505A0181/00D000 | Flanders | 1,324 m² | 1 · 147 m² | 8.9 m · 2 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
DELATTRE XAVIER
BE 0890.803.359
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Acfigo
BE 0555.704.189
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M-SERVICES
BE 0836.817.119
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ASSISTANCE FISCALE
BE 0421.633.759
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LEYS BOEKHOUDING & FISCALITEIT
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 6,254 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2022
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.