CONVERSION LABS
ActiveSummary
CONVERSION LABS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €35k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency74▼-26
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 3.81 in 2024; short-term debt: 35.5% and cash: 40.2% of total assets), but 51.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
48.7%
Return on assets
25.1%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
on the day
2023
1 d early
2022
34 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
€67k▼ 35.0%
2024 · €103k
2022: €27klowest in 4 years
2023: €43k▲ +55.2% vs 2022
2024: €103k▲ +142% vs 2023highest in 4 years
2025: €67k▼ -35.0% vs 2024
2022 → 2025
Total assets
€138k▲ 2.6%
2024 · €134k
2022: €40klowest in 4 years
2023: €66k▲ +67.4% vs 2022
2024: €134k▲ +102% vs 2023
2025: €138k▲ +2.6% vs 2024highest in 4 years
2022 → 2025
Net result
€35k▼ 42.9%
2024 · €60k
2022: €25k
2023: €15k▼ -39.3% vs 2022lowest in 4 years
2024: €60k▲ +299% vs 2023highest in 4 years
2025: €35k▼ -42.9% vs 2024
2022 → 2025
Working capital
€32k▼ 63.5%
2024 · €88k
2022: €27klowest in 4 years
2023: €42k▲ +52.1% vs 2022
2024: €88k▲ +110% vs 2023highest in 4 years
2025: €32k▼ -63.5% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€43k▲ 55.2%€103k▲ 142%€67k▼ 35.0%
2022: €27klowest in 4 years
2023: €43k▲ +55.2% vs 2022
2024: €103k▲ +142% vs 2023highest in 4 years
2025: €67k▼ -35.0% vs 2024
Operating result€33k-€23k▼ 30.3%€81k▲ 255%€52k▼ 35.6%
2022: €33k
2023: €23k▼ -30.3% vs 2022lowest in 4 years
2024: €81k▲ +255% vs 2023highest in 4 years
2025: €52k▼ -35.6% vs 2024
Net result€25k-€15k▼ 39.3%€60k▲ 299%€35k▼ 42.9%
2022: €25k
2023: €15k▼ -39.3% vs 2022lowest in 4 years
2024: €60k▲ +299% vs 2023highest in 4 years
2025: €35k▼ -42.9% 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 falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€57k ▲ 265%
Current assets
€81k ▼ 31.8%
Equity and liabilities €138k
Equity
€67k ▼ 35.0%
Debt
€71k ▲ 127%
Debt's share of the balance-sheet total rises from 23.2% to 51.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55k▼
2024 · €82k
Cash flow
€38k▼
2024 · €62k
Current ratio
1.65▼
2024 · 3.81
Debt to equity
1.05▲
2024 · 0.30
ROE
51.5%▼
2024 · 58.7%
ROA
25.1%▼
2024 · 45.1%
Interest coverage
20.51▼
2024 · 22.53
Debt ≤ 1 year
€49k▲
2024 · €31k
Debt > 1 year
€22k
Income taxes
€15k▼
2024 · €16k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€134k€138k▲
Fixed assets21/28€16k€57k▲
Tangible fixed assets22/27€16k€55k▲
Furniture and vehicles24€16k€55k▲
Financial fixed assets28-€2k
Current assets29/58€119k€81k▼
Amounts receivable within one year40/41€10k€22k▲
Trade receivables40€9k€21k▲
Other amounts receivable41€430€2k▲
Current investments50/53-€2k
Cash at bank and in hand54/58€108k€55k▼
Deferred charges and accrued income490/1€896€1k▲
Equity and liabilities
Total equity and liabilities10/49€134k€138k▲
Equity10/15€103k€67k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€101k€64k▼
Amounts payable17/49€31k€71k▲
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€31k€49k▲
Current portion of amounts payable after more than one year42-€7k
Financial debts43€5k€4k▼
Credit institutions430/8€5k€4k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€24k€37k▲
Taxes450/3€24k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€748€4k▲
Non-recurring operating charges66A€2k€22k▲
Gross operating margin9900€85k€81k▼
Operating profit (loss)9901€81k€52k▼
Financial income75/76B€6€59▲
Recurring financial income75€6€59▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€77k€49k▼
Income taxes67/77€16k€15k▼
Profit (loss) for the period9904€60k€35k▼
Profit (loss) for the period to be appropriated9905€60k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€135k▲
Profit (loss) brought forward from the previous period14P€40k€101k▲
Profit to be distributed694/7-€71k
Return on contributions (dividend)694-€71k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €399 | €1k | €3k | ▲ 146% |
| Other operating charges640/8 | €524 | €587 | €748 | €4k | ▲ 394% |
| Non-recurring operating charges66A | - | - | €2k | €22k | ▲ 893% |
| Gross operating margin9900 | €33k | €24k | €85k | €81k | ▼ 4.8% |
| Operating profit (loss)9901 | €33k | €23k | €81k | €52k | ▼ 35.6% |
| Financial income75/76B | €53 | €84 | €6 | €59 | ▲ 837% |
| Recurring financial income75 | €53 | €84 | €6 | €59 | ▲ 837% |
| Financial charges65/66B | €189 | €2k | €4k | €3k | ▼ 25.8% |
| Recurring financial charges65 | €189 | €2k | €4k | €3k | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €32k | €21k | €77k | €49k | ▼ 36.0% |
| Income taxes67/77 | €8k | €6k | €16k | €15k | ▼ 10.4% |
| Profit (loss) for the period9904 | €25k | €15k | €60k | €35k | ▼ 42.9% |
| Profit (loss) for the period to be appropriated9905 | €25k | €15k | €60k | €35k | ▼ 42.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40k | €66k | €134k | €138k | ▲ 2.6% |
| Fixed assets21/28 | - | €852 | €16k | €57k | ▲ 265% |
| Tangible fixed assets22/27 | - | €852 | €16k | €55k | ▲ 254% |
| Furniture and vehicles24 | - | €852 | €16k | €55k | ▲ 254% |
| Financial fixed assets28 | - | - | - | €2k | - |
| Current assets29/58 | €40k | €66k | €119k | €81k | ▼ 31.8% |
| Amounts receivable within one year40/41 | €24k | €15k | €10k | €22k | ▲ 130% |
| Trade receivables40 | €23k | €15k | €9k | €21k | ▲ 122% |
| Other amounts receivable41 | €952 | €493 | €430 | €2k | ▲ 313% |
| Current investments50/53 | - | - | - | €2k | - |
| Cash at bank and in hand54/58 | €16k | €49k | €108k | €55k | ▼ 48.9% |
| Deferred charges and accrued income490/1 | €143 | €2k | €896 | €1k | ▲ 60.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40k | €66k | €134k | €138k | ▲ 2.6% |
| Equity10/15 | €27k | €43k | €103k | €67k | ▼ 35.0% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €25k | €40k | €101k | €64k | ▼ 35.9% |
| Amounts payable17/49 | €12k | €24k | €31k | €71k | ▲ 127% |
| Amounts payable after more than one year17 | - | - | - | €22k | - |
| Financial debts170/4 | - | - | - | €22k | - |
| Amounts payable within one year42/48 | €12k | €24k | €31k | €49k | ▲ 57.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7k | - |
| Financial debts43 | €229 | €639 | €5k | €4k | ▼ 20.1% |
| Credit institutions430/8 | €229 | €639 | €5k | €4k | ▼ 20.1% |
| Trade debts44 | €44 | €395 | €2k | €1k | ▼ 49.7% |
| Suppliers440/4 | €44 | €395 | €2k | €1k | ▼ 49.7% |
| Taxes, remuneration and social security45 | €12k | €23k | €24k | €37k | ▲ 53.5% |
| Taxes450/3 | €12k | €23k | €24k | €37k | ▲ 53.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €15k | €60k | €35k | ▼ 42.9% |
| + Depreciation and write-downs630 | - | €399 | €1k | €3k | ▲ 146% |
| Operating cash flow (approximation) | €25k | €16k | €62k | €38k | ▼ 38.6% |
| Investment in fixed assets (approximation) | - | - | €-16k | €-45k | ▼ 178% |
| Change in cash | - | €33k | €59k | €-53k | ▼ 189% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €60k ▲299%
Operating result €81k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲142%
3 profitable years in a row build equity to €103k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €15k ▼39.3%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2022
Ground area
1.3 ha
Building footprint
387 m²
Volume, LiDAR
672 m³
Parcel 46003B0748/00K000, Flanders · tallest building 9.7 m. Linked by address, not a title deed.
1 establishment unit
CONVERSION LABS
since 20222.328.963.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46003B0748/00K000 | Flanders | 1.3 ha | 1 · 387 m² | 9.7 m |
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,478 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
Founded04-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.