CONVERSION
ActiveSummary
CONVERSION has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€72,515) and a net result of -€1,919. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- CONVERSION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Bijlagen tot het Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, bij gebrek bepaling onbepaalde duur, één of meer bestuurders” (deed in Dutch)“Vergoeding bestuurders, onbezoldigd” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Na aftrek van rechten waarvan overdracht voorgesteld, helft overdrager,helft koper(s) naar evenredigheid aantal aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed