CONVERSATE
ActiveSummary
CONVERSATE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143,945 and a net result of €23,818. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 1918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87=
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 5.8 against 3.46 in 2024; short-term debt: 12.1% and cash: 61.3% of total assets), and 12.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
87.2%
Return on assets
14.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
20 d late
2023
20 d late
2022
on the day
2021
15 d late
2020
1 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€143,945▲ 10.6%
2024 · €130,127
Total assets
€165,096▼ 10.2%
2024 · €183,889
Net result
€23,818▼ 8.9%
2024 · €26,151
Working capital
€95,573▼ 26.0%
2024 · €129,084
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,328▲ 41.6%€40,400▲ 66.1%€34,742▼ 14.0%€38,918▲ 12.0%€35,350▼ 9.2%
Net result€16,396within the sector's middle half▲ 45.3%€27,886within the sector's middle half▲ 70.1%€24,423within the sector's middle half▼ 12.4%€26,151within the sector's middle half▲ 7.1%€23,818within the sector's middle half▼ 8.9%
Equity€51,667within the sector's middle half▲ 46.5%€79,553within the sector's middle half▲ 54.0%€103,976within the sector's middle half▲ 30.7%€130,127within the sector's middle half▲ 25.2%€143,945within the sector's middle half▲ 10.6%
Total assets€79,777within the sector's middle half▲ 20.2%€115,096within the sector's middle half▲ 44.3%€132,974within the sector's middle half▲ 15.5%€183,889within the sector's middle half▲ 38.3%€165,096within the sector's middle half▼ 10.2%
Debt€28,110▼ 9.6%€35,543▲ 26.4%€28,998▼ 18.4%€53,762▲ 85.4%€21,150▼ 60.7%
Working capital€52,921within the sector's middle half▲ 45.9%€79,723within the sector's middle half▲ 50.6%€102,198within the sector's middle half▲ 28.2%€129,084above the sector's middle half▲ 26.3%€95,573within the sector's middle half▼ 26.0%
Solvency64.8%within the sector's middle half▲ 11.6pp69.1%within the sector's middle half▲ 4.4pp78.2%above the sector's middle half▲ 9.1pp70.8%within the sector's middle half▼ 7.4pp87.2%above the sector's middle half▲ 16.4pp
Current ratio2.97within the sector's middle half▲ 0.753.33within the sector's middle half▲ 0.354.68above the sector's middle half▲ 1.363.46within the sector's middle half▼ 1.235.80above the sector's middle half▲ 2.34
Return on assets (ROA)20.6%within the sector's middle half▲ 3.5pp24.2%within the sector's middle half▲ 3.7pp18.4%within the sector's middle half▼ 5.9pp14.2%within the sector's middle half▼ 4.1pp14.4%within the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
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 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165,096
Fixed assets
€49,622 ▲ 2,060%
Current assets
€115,474 ▼ 36.4%
Equity and liabilities €165,096
Equity
€143,945 ▲ 10.6%
Debt
€21,150 ▼ 60.7%
Debt's share of the balance-sheet total falls from 29.2% to 12.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38,147▼
2024 · €39,653
Cash flow
€26,615▼
2024 · €26,886
Quick ratio
5.74▲
2024 · 3.40
Debt to equity
0.15▼
2024 · 0.41
ROE
16.5%▼
2024 · 20.1%
Interest coverage
21.41▼
2024 · 26.95
Debt ≤ 1 year
€19,900▼
2024 · €52,508
Income taxes
€10,256▼
2024 · €11,296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €251 | €167 | €476 | €735 | €2,797 | ▲ 281% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €47 | - | - | - | - |
| Other operating charges640/8 | - | €357 | €348 | €45 | €818 | ▲ 1,717% |
| Gross operating margin9900 | €26,162 | €40,971 | €35,565 | €39,698 | €38,965 | ▼ 1.8% |
| Operating profit (loss)9901 | €24,328 | €40,400 | €34,742 | €38,918 | €35,350 | ▼ 9.2% |
| Financial income75/76B | - | - | €235 | - | €506 | - |
| Recurring financial income75 | €225 | - | €235 | - | €506 | - |
| Financial charges65/66B | - | €97 | €233 | €1,471 | €1,782 | ▲ 21.1% |
| Recurring financial charges65 | €200 | €97 | €233 | €1,471 | €1,782 | ▲ 21.1% |
| Profit (loss) for the period before taxes9903 | €24,354 | €40,302 | €34,744 | €37,447 | €34,074 | ▼ 9.0% |
| Income taxes67/77 | €7,958 | €12,416 | €10,322 | €11,296 | €10,256 | ▼ 9.2% |
| Profit (loss) for the period9904 | €16,396 | €27,886 | €24,423 | €26,151 | €23,818 | ▼ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €16,396 | €27,886 | €24,423 | €26,151 | €23,818 | ▼ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,777 | €115,096 | €132,974 | €183,889 | €165,096 | ▼ 10.2% |
| Fixed assets21/28 | - | €1,085 | €3,033 | €2,298 | €49,622 | ▲ 2,060% |
| Intangible fixed assets21 | - | €1,085 | €834 | €584 | €334 | ▼ 42.9% |
| Tangible fixed assets22/27 | - | - | €2,198 | €1,714 | €49,288 | ▲ 2,776% |
| Plant, machinery and equipment23 | - | - | - | - | €48,060 | - |
| Furniture and vehicles24 | - | - | €2,198 | €1,714 | €1,229 | ▼ 28.3% |
| Current assets29/58 | €79,777 | €114,012 | €129,941 | €181,592 | €115,474 | ▼ 36.4% |
| Stocks and contracts in progress3 | €3,602 | €4,789 | €4,564 | €2,938 | €1,213 | ▼ 58.7% |
| Stocks30/36 | - | €4,789 | €4,564 | €2,938 | €1,213 | ▼ 58.7% |
| Amounts receivable within one year40/41 | €15,431 | €32,202 | €19,543 | €40,096 | €13,071 | ▼ 67.4% |
| Trade receivables40 | - | €32,202 | €19,543 | €40,096 | €9,779 | ▼ 75.6% |
| Other amounts receivable41 | - | - | - | - | €3,293 | - |
| Cash at bank and in hand54/58 | €60,744 | €77,021 | €105,834 | €138,367 | €101,190 | ▼ 26.9% |
| Deferred charges and accrued income490/1 | - | - | - | €190 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,777 | €115,096 | €132,974 | €183,889 | €165,096 | ▼ 10.2% |
| Equity10/15 | €51,667 | €79,553 | €103,976 | €130,127 | €143,945 | ▲ 10.6% |
| Contributions10/11 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €39,167 | €67,053 | €91,476 | €117,627 | €131,445 | ▲ 11.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €65,193 | €89,616 | €117,627 | €131,445 | ▲ 11.7% |
| Amounts payable17/49 | €28,110 | €35,543 | €28,998 | €53,762 | €21,150 | ▼ 60.7% |
| Amounts payable within one year42/48 | €26,856 | €34,289 | €27,743 | €52,508 | €19,900 | ▼ 62.1% |
| Trade debts44 | €10,848 | €13,689 | €10,208 | €30,722 | €4,468 | ▼ 85.5% |
| Suppliers440/4 | - | €13,689 | €10,208 | €30,722 | €4,468 | ▼ 85.5% |
| Taxes, remuneration and social security45 | - | €15,921 | €12,958 | €17,212 | €657 | ▼ 96.2% |
| Taxes450/3 | - | €15,921 | €12,958 | €17,212 | €657 | ▼ 96.2% |
| Other amounts payable47/48 | - | €4,679 | €4,578 | €4,574 | €14,775 | ▲ 223% |
| Accrued charges and deferred income492/3 | - | €1,254 | €1,254 | €1,254 | €1,250 | ▼ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,396 | €27,886 | €24,423 | €26,151 | €23,818 | ▼ 8.9% |
| + Depreciation and write-downs630 | €251 | €167 | €476 | €735 | €2,797 | ▲ 281% |
| Operating cash flow (approximation) | €16,647 | €28,053 | €24,898 | €26,886 | €26,615 | ▼ 1.0% |
| Investment in fixed assets (approximation) | - | - | -€2,424 | €0 | -€50,122 | - |
| Change in cash | - | €16,277 | €28,813 | €32,533 | -€37,177 | ▼ 214% |
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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-06
Financial
Equity above €100,000Eq €103,976 ▲30.7%
5 profitable years in a row build equity to €103,976.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2019net €27,886 ▲70.1%
Operating result €40,400, net result €27,886, both a record.
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €11,284 ▼36.2%
Net result drops to €11,284, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
16-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zemst · 1 establishment unit since 2009
Ground area
734 m²
Building footprint
132 m²
Volume, LiDAR
706 m³
Parcel 23020B0209/00P000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Conversate
since 20092.183.841.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23020B0209/00P000 | Flanders | 734 m² | 1 · 132 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,782 companies in sector 63910 we hold annual accounts for 699. 495 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
Founded22-10-2009
Fiscal year end30-06
Activities, NACEBEL 2025
63910Web portal activities
47120Other non-specialised retail sale
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0819964556
Also
9925:BE0819964556
Registered
12-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.