ConvergeX
ActiveConvergeX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €87k. Equity is growing by ~59.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency88▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 2.74 in 2024; short-term debt: 30.8% and cash: 52.2% of total assets), and 36.8% 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 62
Relative position
BE, all sectors
reference
Sector 62
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
63.2%
Return on assets
23.1%
Age of the figures
9 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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 d early
2024
43 d early
2023
40 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€238k▲ 57.4%
2024 · €151k
2023: €59k
2024: €151k
2023 → 2025
Total assets
€376k▲ 42.0%
2024 · €265k
2023: €154k
2024: €265k
2023 → 2025
Net result
€87k▼ 6.3%
2024 · €93k
2023: €54k
2024: €93k
2023 → 2025
Working capital
€258k▲ 79.6%
2024 · €143k
2023: €51k
2024: €143k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€59k-€151k▲ 158%€238k▲ 57.4%
Operating result€76k-€139k▲ 84.2%€124k▼ 11.0%
Net result€54k-€93k▲ 73.0%€87k▼ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€3k▼ 92.8%
Current assets
€374k▲ 65.4%
Equity and liabilities €376k
Equity
€238k▲ 57.4%
Debt
€138k▲ 21.4%
The debt ratio falls from 43.0% to 36.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€124k▼
2024 · €149k
Cash flow
€88k▼
2024 · €103k
Solvency
63.2%▲
2024 · 57.0%
Current ratio
3.22▲
2024 · 2.74
Quick ratio
3.22▲
2024 · 2.74
Debt / equity
0.58▼
2024 · 0.75
ROE
36.5%▼
2024 · 61.3%
ROA
23.1%▼
2024 · 34.9%
Interest coverage
28.80▲
2024 · 26.00
Debt
€138k▲
2024 · €114k
Debt ≤ 1 year
€116k▲
2024 · €82k
Debt > 1 year
€18k▼
2024 · €27k
Income taxes
€33k▼
2024 · €41k
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€265k€376k▲
Fixed assets21/28€39k€3k▼
Tangible fixed assets22/27€39k€3k▼
Plant, machinery and equipment23-€931
Furniture and vehicles24€39k€2k▼
Current assets29/58€226k€374k▲
Amounts receivable within one year40/41€59k€74k▲
Trade receivables40€59k€74k▲
Current investments50/53-€100k
Cash at bank and in hand54/58€163k€196k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€265k€376k▲
Equity10/15€151k€238k▲
Contributions10/11€5k€5k=
Reserves13€146k€233k▲
Distributable reserves133€146k€233k▲
Amounts payable17/49€114k€138k▲
Amounts payable after more than one year17€27k€18k▼
Financial debts170/4€27k€18k▼
Amounts payable within one year42/48€82k€116k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€52k€93k▲
Taxes450/3€52k€93k▲
Other amounts payable47/48€21k€10k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€739▼
Other operating charges640/8€8k€5k▼
Non-recurring operating charges66A-€12k
Gross operating margin9900€157k€142k▼
Operating profit (loss)9901€139k€124k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€133k€119k▼
Income taxes67/77€41k€33k▼
Profit (loss) for the period9904€93k€87k▼
Profit (loss) for the period to be appropriated9905€93k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€87k▼
Transfer to equity691/2€93k€87k▼
To other reserves6921€93k€87k▼
The notes to these accounts (8 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €238k ▲57.4%
3 profitable years in a row build equity to €238k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €93k ▲73%
Operating result €139k, net result €93k, both a record.
31-12
Financial
Equity above €150kEq €151k ▲158%
2 profitable years in a row build equity to €151k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Genk · 1 establishment unit since 2023
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.
Hulstbesstraat 63600 GenkGround area
973 m²
Building footprint
188 m²
Volume, LiDAR
919 m³
Parcel 71016I1410/00B046, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ConvergeX
since 20232.346.404.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1410/00B046 | Flanders | 973 m² | 1 · 188 m² | 6.8 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
CAPRA IBEX
BE 0672.387.766
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MPE MANAGEMENT
BE 0732.621.006
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ARBOTH
BE 0445.696.687
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SolidConsult
BE 0722.536.271
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VRIKA
BE 0803.971.335
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 14,314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2023
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.