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Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €200,000 and €270,000.
Balance sheet
balance sheet total €376,379 on 31-12-2025in euro
in euro
Position in the sector
63.2%
Higher than 54% of 21,193 companies in 2025.
3.22
Higher than 60% of 20,556 companies in 2025.
23.1%
Higher than 57% of 20,731 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
376,379 | 265,146 | 154,039 | |
21/28 |
2,833 | 39,314 | 46,233 | |
22/27 |
2,833 | 39,314 | 46,233 | |
23 |
931 | - | - | |
24 |
1,902 | 39,314 | 46,233 | |
29/58 |
373,546 | 225,832 | 107,806 | |
40/41 |
74,108 | 58,543 | 30,290 | |
40 |
74,108 | 58,543 | 30,290 | |
50/53 |
100,000 | - | - | |
54/58 |
196,493 | 163,086 | 74,117 | |
490/1 |
2,944 | 4,203 | 3,399 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
376,379 | 265,146 | 154,039 | |
10/15 |
237,926 | 151,140 | 58,525 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
232,926 | 146,140 | 53,525 | |
133 |
232,926 | 146,140 | 53,525 | |
17/49 |
138,453 | 114,005 | 95,514 | |
17 |
18,330 | 26,836 | 34,931 | |
170/4 |
18,330 | 26,836 | 34,931 | |
42/48 |
115,957 | 82,409 | 57,220 | |
42 |
8,506 | 8,095 | 7,703 | |
44 |
3,511 | 1,331 | 1,295 | |
440/4 |
3,511 | 1,331 | 1,295 | |
45 |
93,488 | 52,313 | 34,125 | |
450/3 |
93,488 | 52,313 | 33,669 | |
454/9 |
- | - | 456 | |
47/48 |
10,452 | 20,671 | 14,097 | |
492/3 |
4,166 | 4,760 | 3,364 | |
| Income statement | ||||
9900 |
142,016 | 157,358 | 76,705 | |
630 |
739 | 9,927 | 878 | |
640/8 |
5,211 | 8,341 | 301 | |
66A |
12,311 | - | - | |
9901 |
123,756 | 139,090 | 75,526 | |
75/76B |
- | 0 | - | |
75 |
- | 0 | - | |
65/66B |
4,322 | 5,732 | 1,581 | |
65 |
4,322 | 5,732 | 1,581 | |
9903 |
119,433 | 133,359 | 73,945 | |
67/77 |
32,648 | 40,743 | 20,420 | |
9904 |
86,785 | 92,616 | 53,525 | |
9905 |
86,785 | 92,616 | 53,525 | |
| Appropriation of the result | ||||
9906 |
86,785 | 92,616 | 53,525 | |
691/2 |
86,785 | 92,616 | 53,525 | |
6921 |
86,785 | 92,616 | 53,525 | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 124,495 | 149,017 | 76,404 | ||
| 87,525 | 102,542 | 54,402 | ||
| 1,069 | 3,008 | 47,110 | ||
| 33,407 | 88,969 | - | ||
| 257,589 | 143,423 | 50,586 | ||
| 63.2% | 57.0% | 38.0% | ||
| 3.22 | 2.74 | 1.88 | ||
| 0.58 | 0.75 | 1.63 | ||
| 36.5% | 61.3% | 91.5% | ||
| 23.1% | 34.9% | 34.7% | ||
| 28.80 | 26.00 | 48.31 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,069 | €3,008 | €47,110 |
| €739 | €9,927 | €878 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ConvergeX
The operating result for 2025 is 11% lower than in 2024.
Debt's share of the balance-sheet total falls from 43.0% to 36.8%. Equity and debt are higher.