CONVERGENCE POINT
ActiveSummary
CONVERGENCE POINT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €41k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 47% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency76▲+16
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.62 against 4.48 in 2024; short-term debt: 20.3% and cash: 51.7% of total assets), and 49% of the assets are financed with debt.
Credit check 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 · Long track record
A company with a long track record statistically fails less often than a young one.
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
51%
Return on assets
27.9%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €74k
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 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
30 d early
2023
32 d early
2022
38 d early
2021
46 d early
2020
36 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k
2024 · €-29k
2018: €217
2019: €-21k▼ -9681% vs 2018
2020: €3k▲ +115% vs 2019
2021: €-8k▼ -351% vs 2020
2022: €86▲ +101% vs 2021
2023: €4k▲ +4229% vs 2022
2024: €-29k▼ -883% vs 2023lowest in 8 years
2025: €41k▲ +239% vs 2024highest in 8 years
2018 → 2025
Working capital
€107k▲ 63.6%
2024 · €65k
2018: €106k
2019: €83k▼ -21.1% vs 2018
2020: €83k▼ -0.8% vs 2019
2021: €73k▼ -11.5% vs 2020
2022: €71k▼ -2.4% vs 2021
2023: €27k▼ -61.7% vs 2022lowest in 8 years
2024: €65k▲ +139% vs 2023
2025: €107k▲ +63.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€60k▲ 0.1%€64k▲ 6.2%€35k▼ 45.5%€74k▲ 112%
2021: €60k
2022: €60k▲ +0.1% vs 2021
2023: €64k▲ +6.2% vs 2022
2024: €35k▼ -45.5% vs 2023lowest in 5 years
2025: €74k▲ +112% vs 2024highest in 5 years
Operating result€-7k-€1k€5k▲ 302%€-29k€52k
2021: €-7k
2022: €1k▲ +117% vs 2021
2023: €5k▲ +302% vs 2022
2024: €-29k▼ -717% vs 2023lowest in 5 years
2025: €52k▲ +278% vs 2024highest in 5 years
Net result€-8k-€86€4k▲ 4,229%€-29k€41k
2021: €-8k
2022: €86▲ +101% vs 2021
2023: €4k▲ +4229% vs 2022
2024: €-29k▼ -883% vs 2023lowest in 5 years
2025: €41k▲ +239% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €52k after a loss of €29k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€9k ▼ 39.4%
Current assets
€136k ▲ 62.2%
Equity and liabilities €145k
Equity
€74k ▲ 112%
Provisions
€41k =
Debt
€30k ▲ 32.3%
Debt's share of the balance-sheet total falls from 23.1% to 20.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €-24k
Cash flow
€46k▲
2024 · €-24k
Current ratio
4.62▲
2024 · 4.48
Debt to equity
0.41▼
2024 · 0.65
ROE
54.8%▲
2024 · -83.6%
ROA
27.9%▲
2024 · -29.5%
Interest coverage
80.00▲
2024 · -20.21
Debt ≤ 1 year
€29k▲
2024 · €19k
Debt > 1 year
€627▼
2024 · €4k
Income taxes
€11k▲
2024 · €611
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€145k▲
Fixed assets21/28€15k€9k▼
Tangible fixed assets22/27€9k€6k▼
Furniture and vehicles24€770€2k▲
Leasing and similar rights25€8k€4k▼
Other tangible fixed assets26€592€509▼
Financial fixed assets28€6k€3k▼
Current assets29/58€84k€136k▲
Amounts receivable within one year40/41€50k€60k▲
Trade receivables40€47k€57k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€31k€75k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€99k€145k▲
Equity10/15€35k€74k▲
Contributions10/11€31k€31k=
Reserves13€3k€41k▲
Distributable reserves133€3k€41k▲
Profit (loss) carried forward14€747€2k▲
Provisions and deferred taxes16€41k€41k=
Provisions for liabilities and charges160/5€41k€41k=
Pensions and similar obligations160€41k€41k=
Amounts payable17/49€23k€30k▲
Amounts payable after more than one year17€4k€627▼
Financial debts170/4€4k€627▼
Amounts payable within one year42/48€19k€29k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€151€12k▲
Taxes450/3€151€12k▲
Other amounts payable47/48€199€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€387▼
Gross operating margin9900€-23k€57k▲
Operating profit (loss)9901€-29k€52k▲
Financial income75/76B€2k€1▼
Recurring financial income75€2k€1▼
Financial charges65/66B€1k€712▼
Recurring financial charges65€1k€712▼
Profit (loss) for the period before taxes9903€-29k€51k▲
Income taxes67/77€611€11k▲
Profit (loss) for the period9904€-29k€41k▲
Profit (loss) for the period to be appropriated9905€-29k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€747€41k▲
Profit (loss) brought forward from the previous period14P€30k€747▼
Transfer to equity691/2-€38k
To other reserves6921-€38k
Profit to be distributed694/7-€1k
Return on contributions (dividend)694-€1k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €5k | €5k | €5k | €5k | ▲ 1.3% |
| Other operating charges640/8 | - | €462 | €786 | €1k | €387 | ▼ 61.3% |
| Gross operating margin9900 | €-4k | €6k | €10k | €-23k | €57k | ▲ 347% |
| Operating profit (loss)9901 | €-7k | €1k | €5k | €-29k | €52k | ▲ 278% |
| Financial income75/76B | - | €0 | €13 | €2k | €1 | ▼ 99.9% |
| Recurring financial income75 | €1 | €0 | €13 | €2k | €1 | ▼ 99.9% |
| Financial charges65/66B | - | €903 | €843 | €1k | €712 | ▼ 40.7% |
| Recurring financial charges65 | €426 | €903 | €843 | €1k | €712 | ▼ 40.7% |
| Profit (loss) for the period before taxes9903 | €-7k | €274 | €4k | €-29k | €51k | ▲ 280% |
| Income taxes67/77 | €132 | €188 | €192 | €611 | €11k | ▲ 1,647% |
| Profit (loss) for the period9904 | €-8k | €86 | €4k | €-29k | €41k | ▲ 239% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €86 | €4k | €-29k | €41k | ▲ 239% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €130k | €166k | €99k | €145k | ▲ 47.2% |
| Fixed assets21/28 | €25k | €21k | €65k | €15k | €9k | ▼ 39.4% |
| Tangible fixed assets22/27 | €21k | €17k | €13k | €9k | €6k | ▼ 32.2% |
| Furniture and vehicles24 | - | €520 | €510 | €770 | €2k | ▲ 175% |
| Leasing and similar rights25 | - | €16k | €12k | €8k | €4k | ▼ 54.4% |
| Other tangible fixed assets26 | - | €758 | €675 | €592 | €509 | ▼ 14.0% |
| Financial fixed assets28 | €3k | €3k | €52k | €6k | €3k | ▼ 51.2% |
| Current assets29/58 | €86k | €109k | €102k | €84k | €136k | ▲ 62.2% |
| Amounts receivable within one year40/41 | €14k | €77k | €65k | €50k | €60k | ▲ 20.0% |
| Trade receivables40 | - | €70k | €53k | €47k | €57k | ▲ 20.6% |
| Other amounts receivable41 | - | €8k | €11k | €3k | €3k | ▲ 9.1% |
| Cash at bank and in hand54/58 | €67k | €28k | €35k | €31k | €75k | ▲ 138% |
| Deferred charges and accrued income490/1 | - | €4k | €2k | €3k | €1k | ▼ 50.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €130k | €166k | €99k | €145k | ▲ 47.2% |
| Equity10/15 | €60k | €60k | €64k | €35k | €74k | ▲ 112% |
| Contributions10/11 | - | €31k | €31k | €31k | €31k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €41k | ▲ 1,226% |
| Non-distributable reserves130/1 | - | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | - | €3k | €3k | - | - | - |
| Distributable reserves133 | - | - | - | €3k | €41k | ▲ 1,226% |
| Profit (loss) carried forward14 | €26k | €26k | €30k | €747 | €2k | ▲ 154% |
| Provisions and deferred taxes16 | €20k | €20k | €20k | €41k | €41k | = |
| Provisions for liabilities and charges160/5 | - | €20k | €20k | €41k | €41k | = |
| Pensions and similar obligations160 | - | €20k | €20k | €41k | €41k | = |
| Amounts payable17/49 | €30k | €49k | €82k | €23k | €30k | ▲ 32.3% |
| Amounts payable after more than one year17 | €16k | €12k | €8k | €4k | €627 | ▼ 84.3% |
| Financial debts170/4 | - | €12k | €8k | €4k | €627 | ▼ 84.3% |
| Amounts payable within one year42/48 | €13k | €37k | €74k | €19k | €29k | ▲ 57.2% |
| Current portion of amounts payable after more than one year42 | - | €4k | €4k | €4k | €3k | ▼ 14.5% |
| Trade debts44 | €8k | €33k | €22k | €14k | €13k | ▼ 10.8% |
| Suppliers440/4 | - | €33k | €22k | €14k | €13k | ▼ 10.8% |
| Taxes, remuneration and social security45 | - | €780 | €720 | €151 | €12k | ▲ 7,680% |
| Taxes450/3 | - | €780 | €720 | €151 | €12k | ▲ 7,680% |
| Other amounts payable47/48 | - | €226 | €48k | €199 | €1k | ▲ 623% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €86 | €4k | €-29k | €41k | ▲ 239% |
| + Depreciation and write-downs630 | €2k | €5k | €5k | €5k | €5k | ▲ 1.3% |
| Operating cash flow (approximation) | €-6k | €5k | €8k | €-24k | €46k | ▲ 289% |
| Investment in fixed assets (approximation) | - | €-954 | €-49k | €45k | €699 | ▼ 98.4% |
| Change in cash | - | €-39k | €8k | €-4k | €44k | ▲ 1,230% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 4.48
Current ratio from 1.37 to 4.48; short-term debt falls from €74k to €19k.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Back to profitnet €86
Net result €86 after one loss-making year.
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Oudergem · 3 establishment units since 1998
Ground area
729 m²
Building footprint
386 m²
Volume, LiDAR
3,561 m³
3 parcels, Brussels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
76
companies at this address
See who is registered here
3 establishment units
Vrijwilligerslaan 19, 1160 Oudergem
since 19982.088.230.153
CONVERGENCE POINT
since 20232.355.706.762
Convergence Point
since 20252.372.392.445
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24114B0345/00A002 | Flanders | 369 m² | 1 · 80 m² | 9.6 m · 3 fl. |
| 21002A0170/00E004 | Brussels | 208 m² | 1 · 207 m² | 14.9 m · 4 fl. |
| 24302D0531/00K000 | Flanders | 152 m² | 1 · 99 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 3,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-07-1998
Fiscal year end30-09
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.