CONVERSION IMPACT
ActiveSummary
CONVERSION IMPACT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €1k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+41
Solvency70▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.58 in 2024; short-term debt: 54.9% and cash: 25.6% of total assets), but 54.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
45.1%
Return on assets
1.3%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
20 d early
2023
34 d early
2022
38 d early
2021
48 d early
2020
58 d early
2019
27 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 2.9%
2024 · €42k
2018: €35klowest in 8 years
2019: €36k▲ +2.8% vs 2018
2020: €41k▲ +13.4% vs 2019
2021: €54k▲ +33.4% vs 2020
2022: €63k▲ +15.8% vs 2021
2023: €66k▲ +5.0% vs 2022highest in 8 years
2024: €42k▼ -37.1% vs 2023
2025: €43k▲ +2.9% vs 2024
2018 → 2025
Total assets
€95k▼ 16.0%
2024 · €113k
2018: €150khighest in 8 years
2019: €139k▼ -7.4% vs 2018
2020: €140k▲ +0.6% vs 2019
2021: €127k▼ -8.9% vs 2020
2022: €131k▲ +2.9% vs 2021
2023: €123k▼ -6.3% vs 2022
2024: €113k▼ -8.2% vs 2023
2025: €95k▼ -16.0% vs 2024lowest in 8 years
2018 → 2025
Net result
€1k
2024 · €-25k
2018: €-30klowest in 8 years
2019: €971▲ +103% vs 2018
2020: €5k▲ +395% vs 2019
2021: €14k▲ +183% vs 2020highest in 8 years
2022: €9k▼ -36.9% vs 2021
2023: €3k▼ -63.7% vs 2022
2024: €-25k▼ -887% vs 2023
2025: €1k▲ +105% vs 2024
2018 → 2025
Working capital
€43k▲ 2.9%
2024 · €42k
2018: €35klowest in 8 years
2019: €36k▲ +2.8% vs 2018
2020: €41k▲ +13.4% vs 2019
2021: €54k▲ +33.2% vs 2020
2022: €63k▲ +15.8% vs 2021
2023: €66k▲ +5.0% vs 2022highest in 8 years
2024: €42k▼ -37.2% vs 2023
2025: €43k▲ +2.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€63k▲ 15.8%€66k▲ 5.0%€42k▼ 37.1%€43k▲ 2.9%
2021: €54k
2022: €63k▲ +15.8% vs 2021
2023: €66k▲ +5.0% vs 2022highest in 5 years
2024: €42k▼ -37.1% vs 2023lowest in 5 years
2025: €43k▲ +2.9% vs 2024
Operating result€13k-€9k▼ 35.5%€3k▼ 66.0%€-25k€1k
2021: €13khighest in 5 years
2022: €9k▼ -35.5% vs 2021
2023: €3k▼ -66.0% vs 2022
2024: €-25k▼ -937% vs 2023lowest in 5 years
2025: €1k▲ +105% vs 2024
Net result€14k-€9k▼ 36.9%€3k▼ 63.7%€-25k€1k
2021: €14khighest in 5 years
2022: €9k▼ -36.9% vs 2021
2023: €3k▼ -63.7% vs 2022
2024: €-25k▼ -887% vs 2023lowest in 5 years
2025: €1k▲ +105% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €25k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€55 =
Current assets
€95k ▼ 16.0%
Equity and liabilities €95k
Equity
€43k ▲ 2.9%
Debt
€52k ▼ 27.0%
Debt's share of the balance-sheet total falls from 63.2% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.82▲
2024 · 1.58
Debt to equity
1.22▼
2024 · 1.71
ROE
2.8%▲
2024 · -59.1%
ROA
1.3%▲
2024 · -21.8%
Debt ≤ 1 year
€52k▼
2024 · €71k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€95k▼
Fixed assets21/28€55€55=
Financial fixed assets28€55€55=
Current assets29/58€113k€95k▼
Amounts receivable within one year40/41€61k€70k▲
Trade receivables40€50k€70k▲
Other amounts receivable41€11k€111▼
Cash at bank and in hand54/58€52k€24k▼
Deferred charges and accrued income490/1€43€0▼
Equity and liabilities
Total equity and liabilities10/49€113k€95k▼
Equity10/15€42k€43k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€21k€22k▲
Amounts payable17/49€71k€52k▼
Amounts payable within one year42/48€71k€52k▼
Trade debts44€71k€36k▼
Suppliers440/4€71k€36k▼
Taxes, remuneration and social security45-€17k
Taxes450/3-€17k
Other amounts payable47/48€118€0▼
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€-24k€2k▲
Operating profit (loss)9901€-25k€1k▲
Financial income75/76B€34€40▲
Recurring financial income75€34€40▲
Financial charges65/66B€1€3▲
Recurring financial charges65€1€3▲
Profit (loss) for the period before taxes9903€-25k€1k▲
Profit (loss) for the period9904€-25k€1k▲
Profit (loss) for the period to be appropriated9905€-25k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€22k▲
Profit (loss) brought forward from the previous period14P€46k€21k▼
The notes to these accounts (12 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €8k | - | - | - | - | - |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €24k | €9k | €3k | €-24k | €2k | ▲ 106% |
| Operating profit (loss)9901 | €13k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Financial income75/76B | €239 | - | €286 | €34 | €40 | ▲ 18.2% |
| Recurring financial income75 | €239 | - | €286 | €34 | €40 | ▲ 18.2% |
| Financial charges65/66B | - | €48 | €105 | €1 | €3 | ▲ 264% |
| Recurring financial charges65 | - | €48 | €105 | €1 | €3 | ▲ 264% |
| Profit (loss) for the period before taxes9903 | €14k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Profit (loss) for the period9904 | €14k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €14k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127k | €131k | €123k | €113k | €95k | ▼ 16.0% |
| Fixed assets21/28 | €55 | €55 | €55 | €55 | €55 | = |
| Financial fixed assets28 | €55 | €55 | €55 | €55 | €55 | = |
| Current assets29/58 | €127k | €131k | €123k | €113k | €95k | ▼ 16.0% |
| Amounts receivable within one year40/41 | €83k | €57k | €81k | €61k | €70k | ▲ 15.9% |
| Trade receivables40 | €81k | €44k | €70k | €50k | €70k | ▲ 40.5% |
| Other amounts receivable41 | €1k | €14k | €10k | €11k | €111 | ▼ 99.0% |
| Cash at bank and in hand54/58 | €44k | €74k | €42k | €52k | €24k | ▼ 53.2% |
| Deferred charges and accrued income490/1 | - | - | - | €43 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127k | €131k | €123k | €113k | €95k | ▼ 16.0% |
| Equity10/15 | €54k | €63k | €66k | €42k | €43k | ▲ 2.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €34k | €43k | €46k | €21k | €22k | ▲ 5.7% |
| Amounts payable17/49 | €73k | €68k | €57k | €71k | €52k | ▼ 27.0% |
| Amounts payable within one year42/48 | €73k | €68k | €57k | €71k | €52k | ▼ 27.0% |
| Trade debts44 | €57k | €41k | €57k | €71k | €36k | ▼ 50.0% |
| Suppliers440/4 | €57k | €41k | €57k | €71k | €36k | ▼ 50.0% |
| Taxes, remuneration and social security45 | €12k | - | - | - | €17k | - |
| Taxes450/3 | €12k | - | - | - | €17k | - |
| Remuneration and social security454/9 | €585 | - | - | - | - | - |
| Other amounts payable47/48 | €4k | €27k | - | €118 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Operating cash flow (approximation) | €14k | €9k | €3k | €-25k | €1k | ▲ 105% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €29k | €-31k | €10k | €-28k | ▼ 385% |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €14k ▲183%
Operating result €13k, net result €14k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €971
Net result €971 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Sint-Jans-Molenbeek · 1 establishment unit since 2014
Ground area
752 m²
Building footprint
590 m²
Volume, LiDAR
11,122 m³
Parcel 21012A0228/00W008, Brussels · tallest building 24.3 m, ±7 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
CONVERSION IMPACT
since 20142.235.651.149
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0228/00W008 | Brussels | 752 m² | 1 · 590 m² | 24.3 m · 7 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 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,781 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 (pre-2019)
Founded19-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Scores and ratios are computed by Checked and are not a credit decision.