CONVERT
Bankruptcy closedInactive since 03-07-2026; last annual accounts for fiscal year 2022.
Summary
CONVERT was declared bankrupt on 07-03-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 30-06-2026, published in the Belgian State Gazette on 06-07-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€121,934▲ 60.9%
2021 · €75,795
Total assets
€172,679▲ 0.1%
2021 · €172,481
Net result
€46,139
2021 · -€8,251
Working capital
€122,639▼ 0.6%
2021 · €123,339
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€2,017--€32,684▼ 1,520%-€8,169▲ 75.0%-€2,290▲ 72.0%
Net result-€2,095--€32,946▼ 1,473%-€8,251▲ 75.0%€46,139
Equity€116,992-€84,046▼ 28.2%€75,795▼ 9.8%€121,934▲ 60.9%
Total assets€219,647-€163,375▼ 25.6%€172,481▲ 5.6%€172,679▲ 0.1%
Debt€54,152-€30,826▼ 43.1%€48,183▲ 56.3%€50,745▲ 5.3%
Working capital€179,057-€131,371▼ 26.6%€123,339▼ 6.1%€122,639▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,290 in 2022 against €8,169 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €172,679
Fixed assets
€0 ▼ 100.0%
Current assets
€172,679 ▲ 0.7%
Equity and liabilities €172,679
Equity
€121,934 ▲ 60.9%
Provisions
€0 ▼ 100%
Debt
€50,745 ▲ 5.3%
Debt's share of the balance-sheet total rises from 27.9% to 29.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.45▼
2021 · 3.56
Debt to equity
0.42▼
2021 · 0.64
ROE
37.8%▲
2021 · -10.9%
ROA
26.7%▲
2021 · -4.8%
Debt ≤ 1 year
€50,040▲
2021 · €48,183
Debt > 1 year
€705
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €240 | €260 | €240 | - | - |
| Other operating charges640/8 | €444 | €3,448 | €261 | €2,204 | ▲ 744% |
| Non-recurring operating charges66A | - | - | - | €959 | - |
| Gross operating margin9900 | -€1,334 | -€28,976 | -€7,668 | €872 | ▲ 111% |
| Operating profit (loss)9901 | -€2,017 | -€32,684 | -€8,169 | -€2,290 | ▲ 72.0% |
| Financial income75/76B | - | - | €2 | €11 | ▲ 383% |
| Recurring financial income75 | - | - | €2 | €11 | ▲ 383% |
| Financial charges65/66B | €78 | €262 | €85 | €85 | ▲ 0.1% |
| Recurring financial charges65 | €78 | €262 | €85 | €85 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | -€2,095 | -€32,946 | -€8,251 | -€2,364 | ▲ 71.3% |
| Transfer from deferred taxes780 | - | - | - | €48,504 | - |
| Profit (loss) for the period9904 | -€2,095 | -€32,946 | -€8,251 | €46,139 | ▲ 659% |
| Transfer from tax-exempt reserves789 | - | - | - | €94,196 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,095 | -€32,946 | -€8,251 | €140,335 | ▲ 1,801% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €219,647 | €163,375 | €172,481 | €172,679 | ▲ 0.1% |
| Fixed assets21/28 | €1,438 | €1,178 | €959 | €0 | ▼ 100.0% |
| Tangible fixed assets22/27 | €1,438 | €1,178 | €959 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | €1,438 | €1,178 | €959 | €0 | ▼ 100.0% |
| Current assets29/58 | €218,209 | €162,197 | €171,523 | €172,679 | ▲ 0.7% |
| Amounts receivable after more than one year29 | €206,711 | - | - | - | - |
| Other amounts receivable291 | €206,711 | - | - | - | - |
| Amounts receivable within one year40/41 | €9,900 | €161,951 | €171,286 | €171,331 | = |
| Trade receivables40 | €1,755 | €8,005 | €4,955 | €5,000 | ▲ 0.9% |
| Other amounts receivable41 | €8,145 | €153,946 | €166,331 | €166,331 | = |
| Cash at bank and in hand54/58 | €1,598 | €246 | €237 | €1,348 | ▲ 469% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €219,647 | €163,375 | €172,481 | €172,679 | ▲ 0.1% |
| Equity10/15 | €116,992 | €84,046 | €75,795 | €121,934 | ▲ 60.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €94,259 | €94,259 | €94,259 | €63 | ▼ 99.9% |
| Non-distributable reserves130/1 | €63 | €63 | €63 | €63 | = |
| Legal reserve130 | €63 | €63 | €63 | €63 | = |
| Tax-exempt reserves132 | €94,196 | €94,196 | €94,196 | - | - |
| Profit (loss) carried forward14 | -€39,267 | -€72,213 | -€80,464 | €59,871 | ▲ 174% |
| Provisions and deferred taxes16 | €48,504 | €48,504 | €48,504 | - | - |
| Deferred taxes168 | €48,504 | €48,504 | €48,504 | - | - |
| Amounts payable17/49 | €54,152 | €30,826 | €48,183 | €50,745 | ▲ 5.3% |
| Amounts payable after more than one year17 | €15,000 | - | - | €705 | - |
| Financial debts170/4 | €15,000 | - | - | - | - |
| Other amounts payable178/9 | - | - | - | €705 | - |
| Amounts payable within one year42/48 | €39,152 | €30,826 | €48,183 | €50,040 | ▲ 3.9% |
| Current portion of amounts payable after more than one year42 | - | €16,250 | €15,000 | - | - |
| Trade debts44 | €75 | €3,965 | €6,107 | €6,555 | ▲ 7.3% |
| Suppliers440/4 | €75 | €3,965 | €6,107 | €6,555 | ▲ 7.3% |
| Taxes, remuneration and social security45 | €67 | €67 | €67 | €67 | = |
| Taxes450/3 | €67 | €67 | €67 | €67 | = |
| Other amounts payable47/48 | €39,010 | €10,544 | €27,010 | €43,418 | ▲ 60.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,095 | -€32,946 | -€8,251 | €46,139 | ▲ 659% |
| + Depreciation and write-downs630 | €240 | €260 | €240 | - | - |
| Operating cash flow (approximation) | -€1,855 | -€32,686 | -€8,012 | €46,139 | ▲ 676% |
| Investment in fixed assets (approximation) | - | €0 | -€20 | €959 | ▲ 4,897% |
| Change in cash | - | -€1,352 | -€9 | €1,111 | ▲ 12,032% |
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
2026
06-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 30-06-2026
2025
12-05
KBO administration
Address struck
2024
13-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 07-03-2024
2023
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 176 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 541 days late
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 598 days late
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 964 days late
31-01
Financial
Back to profitnet €46,139
Net result €46,139 after 3 loss-making years.
31-01
Financial
Equity above €100,000Eq €121,934 ▲60.9%
Equity rises from €75,795 to €121,934.
2020
31-01
Financial
Weakest financial yearnet -€32,946
Net result drops to -€32,946, the lowest in the series.
2019
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 245 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
25-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2014
26-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
2013
31-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Antwerpen
Ground area
261 m²
Building footprint
261 m²
Volume, LiDAR
4,112 m³
Parcel 11811L3838/00N000, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
236
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE TERMOTE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
07-03-2024 → 30-06-2026 |
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,348 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-03-2001
Fiscal year end31-01
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
73300Public relations and communication consultancy
Contact
E-mail
convertnv@gmail.com
Phone
032937275
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.