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CONVERT

Bankruptcy closed Public limited companyKBO/BCE: BE 0474.203.306

Overview

Lifetime

16 annual accounts with figures on one time axis, 20 filings since 2003
peak €119,186 (2018)
€872▲ €8,540
lowest -€32,946 (2020)
€46,139▲ €54,390
peak €121,934 (2022)
€121,934▲ 60.9%
€50,745▲ 5.3%
Board4 names since 2013
2 directorsAlquid Novandum and 1 other
Documentsfilings and deeds
23-02-2023176 days late
2022micro format
Gross margin from -€7,668 to €872Back to profit: €46,139Equity from €75,795 to €121,934Cash from €237 to €1,348

Key points

from the 2022 annual accounts, the last ones filed

Result

€46,139 €46,139
-€8,2502021€46,1002022

Back in profit in 2022, after a loss of €8,251 in 2021.

Filings

20 annual accounts since 2003
deadline2005201020152020

Eight of the last ten came late. The 2019 accounts came latest: 964 days after the end of the period.

No score

Board and ownership

AN
Alquid Novandum
Director, since 14-05-2013
VA
Verwey Albert P.
Director, since 31-01-2019
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Antwerp division · judgment of 30-06-2026 · Bankruptcy
Address struck KBO administration
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 07-03-2024 · Bankruptcy
Registered office moved from Meer to Antwerp New registered office: Brusselstraat 51 te 2018 Antwerpen · Previous registered office: Amsterdamstraat 44 bus F te 2321 Meer · General meeting of 10-03-2023 · Gazette deed
All 34 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 07-03-2024
Legal form
Public limited company
Activity
No activity registered in the KBO
Financial year end
31 January
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-01-2022

€872
≈ €6,600estimated
€46,139
€121,934▲ 60.9%
€172,679▲ 0.1%
Filing
Filed on 23-02-2023
Financials

Insights on CONVERT

On 7 March 2024 the court declared CONVERT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

micro format, filed on 23-02-2023, 176 days late
€872
▲ €8,540
-€2,290
▲ €5,878
-
-
70.6%
▲ 26.7 percentage points
3.45
▼ 0.11

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €6,600. Estimated: probably between €3,000 and €16,000.

Money flows

no detail for 2022

Balance sheet

balance sheet total €172,679 on 31-01-2022
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 172,679172,481163,375219,647213,451290,673310,423321,476335,927352,321348,348383,103415,037431,280201,493202,453
21/28 09591,1781,4381,678286,218307,242319,552334,716352,076348,343372,965397,587418,628194,071201,562
22/27 09591,1781,4381,678284,218304,752317,552332,716350,076346,343370,965395,587418,628194,071201,562
22 -----282,301300,375314,337332,206350,076343,143364,565385,987399,588194,071201,562
24 09591,1781,4381,6781,9174,3773,215509-3,2006,4009,60019,040--
28 -----2,0002,4902,0002,0002,0002,0002,0002,000---
29/58 172,679171,523162,197218,209211,7744,4553,1811,9241,212245510,13817,45012,6527,422891
29 ---206,711206,711-----------
291 ---206,711206,711-----------
40/41 171,331171,286161,9519,9001,7553,5551,7551,1501,150558,79612,45011,2506,286686
40 5,0004,9558,0051,7551,7553,5551,7551,1501,150--8,79612,45011,2505,750150
41 166,331166,331153,9468,145-----55---536536
54/58 1,3482372461,59899001,42677462241-1,3424,4648661,136205
490/1 ----3,299-------536536--
Balance sheet: equity and liabilities
10/49 172,679172,481163,375219,647213,451290,673310,423321,476335,927352,321348,348383,103415,037431,280201,493202,453
10/15 121,93475,79584,046116,992119,08626,91037,25840,75259,51276,29564,75282,809102,370112,38539,05437,790
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,000------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 6394,25994,25994,25994,25947,26851,55955,85060,14264,43368,72473,01577,30781,59863-
130/1 63636363------------
130 636363636363636363636363636363-
132 -94,19694,19694,19694,19647,20451,49655,78760,07864,37068,66172,95277,24481,535--
14 59,871-80,464-72,213-39,267-37,173-82,358-76,301-77,098-62,630-50,138-65,972-52,207-36,937-31,213-23,009-24,210
16 -48,50448,50448,50448,50424,30722,44528,72630,93633,14535,35537,56539,77441,984--
168 -48,50448,50448,50448,50424,30722,44528,72630,93633,14535,35537,56539,77441,984--
17/49 50,74548,18330,82654,15245,862239,457250,720251,999245,480242,880248,241262,729272,893276,911162,438164,663
17 705--15,00015,000128,219153,099172,045175,087192,541208,633223,838239,252251,79795,792104,203
170/4 ---15,00015,000128,219153,099172,045175,087192,541208,633223,838239,252251,79795,792104,203
178/9 705---------------
42/48 50,04048,18330,82639,15230,862111,23897,62179,95370,39350,33939,60838,89133,64125,11466,64760,461
42 -15,00016,250---18,94618,04217,18214,50115,20514,83415,55912,8248,0297,400
43 ----3--70-760632-----
430/8 ----3--70-760632-----
44 6,5556,1073,965751,9921,04523510,0767,37514,725-5,9051,59312,2901862,795
440/4 6,5556,1073,965751,9921,04523510,0767,37514,725-5,9051,59312,2901862,795
45 67676767676772---------
450/3 67676767676772---------
47/48 43,41827,01010,54439,01028,800110,12678,36751,76645,83620,35423,77118,15216,489-58,43250,265
Income statement
70 --------31,10028,45025,45223,77133,90035,40021,25019,165
76A -20--142,699----19,277--6,062---
9900 872-7,668-28,976-1,334119,18614,89414,2974,41411,02116,68414,15115,53015,27525,39216,06113,083
60/61 --------20,07913,51612,56210,80119,88511,2685,1897,582
630 -24026024024018,31419,30918,86418,12417,86924,62224,62224,62225,7917,4917,491
640/8 2,2042613,4484442,1261,8562,0162,7403,5092,1352,628955-7,3601,33942
66A 959----220----------
9901 -2,290-8,169-32,684-2,017116,820-5,276-7,028-17,189-10,612-3,320-13,100-10,047-9,347-7,7597,2315,550
75/76B 112----801701-0206---
75 112----801701-0206---
65/66B 8585262784473,1442,7543,7978,3816,5747,1678,3349,1456,9465,9666,898
65 8585262784472,9242,7543,7978,3816,5747,1678,3349,1456,9465,9666,898
66B -----220----------
9903 -2,364-8,251-32,946-2,095116,374-8,420-9,702-20,969-18,9939,384-20,267-18,381-12,225-14,7051,265-1,348
780 48,504---------------
67/77 -----67720050-3,390---516
9904 46,139-8,251-32,946-2,09592,177-10,348-3,494-18,760-16,78415,835-18,057-19,561-10,015-12,4951,265-1,864
789 94,196---47,2044,2914,2914,2914,291-4,2914,2914,2914,291--
689 ----94,196-----------
9905 140,335-8,251-32,946-2,09545,185-6,057797-14,468-12,49215,835-13,766-15,270-5,724-8,2041,265-1,864
Appropriation of the result
9906 59,871-80,464-72,213-39,267-37,173-82,358-76,301-77,098-62,630-50,138-65,972-52,207-36,937-31,213-22,946-24,210
14P -80,464-72,213-39,267-37,173------------
691/2 --------------63-
6920 --------------63-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2003-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 23-02-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2022 annual accounts filed 176 days after the deadline. Filed on 23 February 2023, deadline 31 August 2022 (7 months after the close on 31 January 2022, Companies Code art. 3:10). Source: NBB, 2023-00033980.

Financial year Type Filed Reference Document
31-01-2022 micro format 23-02-2023 2023-00033980 PDF
31-01-2021 micro format 23-02-2023 2023-00033968 PDF
31-01-2020 micro format 21-04-2022 2022-20009361 PDF
31-01-2019 micro format 21-04-2022 2022-20009363 PDF
31-01-2018 micro format 03-05-2019 2019-12500210 PDF
31-01-2017 abbreviated format 24-07-2017 2017-37900030 PDF
31-01-2016 abbreviated format 11-08-2016 2016-42000125 PDF
31-01-2015 abbreviated format 25-09-2015 2015-60700072 PDF
31-01-2014 abbreviated format 26-09-2014 2014-61600386 PDF
31-01-2013 abbreviated format 31-10-2013 2013-65000430 PDF
31-01-2012 abbreviated format 03-01-2013 2013-00400056 PDF
31-01-2011 abbreviated format 30-09-2011 2011-56900126 PDF
31-01-2010 abbreviated format 30-09-2010 2010-57300225 PDF
31-01-2009 abbreviated format 30-09-2009 2009-79100334 PDF
31-01-2008 abbreviated format 12-09-2008 2008-73000276 PDF
31-01-2007 abbreviated format 31-10-2007 2007-79100154 PDF
31-01-2006 abbreviated format 20-12-2006 2006-91804155 PDF
31-01-2005 abbreviated format 03-10-2005 2005-80603026 PDF
31-01-2004 abbreviated format 04-03-2005 2005-06800293 PDF
31-01-2003 abbreviated format 06-10-2004 2004-71401062 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2022202120202019201820172016201520142013201220112010200920082007
--7,929-32,424-1,777117,06013,03812,2811,6747,51214,54911,52214,57515,27518,03214,72213,041
--8,012-32,686-1,85592,4167,96615,8151041,34033,7046,5655,06114,60713,2968,7565,627
-2000-284,301-2,7106,9993,70076421,602003,581250,3490-
1,111-9-1,3521,589-891-526652713-179---3,1233,599-271931-
122,639123,339131,371179,057180,912-106,782-94,440-78,029-69,182-50,094-39,603-28,754-16,191-12,462-59,224-59,569
---------34.1%-11.7%-51.5%-42.3%-27.6%-21.9%34.0%29.0%
70.6%43.9%51.4%53.3%55.8%9.3%12.0%12.7%17.7%21.7%18.6%21.6%24.7%26.1%19.4%18.7%
3.453.565.265.576.860.040.030.020.020.000.000.260.520.500.110.01
0.420.640.370.460.398.906.736.184.123.183.833.172.672.464.164.36
37.8%-10.9%-39.2%-1.8%77.4%-38.5%-9.4%-46.0%-28.2%20.8%-27.9%-23.6%-9.8%-11.1%3.2%-4.9%
26.7%-4.8%-20.2%-1.0%43.2%-3.6%-1.1%-5.8%-5.0%4.5%-5.2%-5.1%-2.4%-2.9%0.6%-0.9%
--93.42-123.67-22.90------------
--------13 days0 days0 days135 days134 days116 days99 days3 days
--------134 days398 days-200 days29 days398 days13 days135 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on CONVERT

The operating result for 2022 is a loss of €2,290, smaller than the loss of €8,169 in 2021.

Debt's share of the balance-sheet total rises from 27.9% to 29.4%. Equity and debt are higher.

Board & ownership

Curator

1 mandate
Curator, Cockerillkaai 18, 2000 Antwerpen 1
from 07-03-2024 to 30-06-2026
Also on 106 other cases

Last board

2 directors, last change in 2019
Alquid Novandum
Director
since 14-05-2013
listed in the 2022 annual accounts, filed on 23-02-2023
Verwey Albert P.
Director
since 31-01-2019
listed in the 2022 annual accounts, filed on 23-02-2023

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Alquid Novandum
Director
Verwey Albert P.
Director
Verweij P.
Managing director
L.F.J Fransen
Managing director
BoardEarliermandate already running before its first mentionend not datedBankruptcy 07-03-2024
Mandates as a list
  • Alquid Novandum
    • Director, from 14-05-2013, until the bankruptcy of 07-03-2024
  • Verwey Albert P.
    • Director, from 31-01-2019, until the bankruptcy of 07-03-2024
  • Verweij P.
    • Managing director, appointed by deed of 08-02-2019, last mentioned in 2019
  • L.F.J Fransen
    • Managing director, until 31-01-2019

See the board, name and registered office on a given date →

Control

Capital

Capital
€62,000
Source
2022 annual accounts

Network & group

No group

CONVERT has no parent and no holdings in its annual accounts.

Earlier ties

Yellow Selectie
via Verweij P., at CONVERT, last mentioned in 2019 · Director · deed of 29-03-2022
No longer active · founded in 2016
total assets €2,519 (2020)

Board mandates elsewhere

1 board mandate
Board mandates of CONVERTCONVERT sits on their board1
Manager · open bankruptcy
Founded in 2012 · total assets €44,952 (2019)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

34 events since 2001
2026
Bankruptcy closure (insufficient assets) Enterprise Court of Antwerp, Antwerp division · judgment of 30-06-2026
2025
Address struck
2024
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 07-03-2024
2023
Registered office moved from Meer to AntwerpNew registered office: Brusselstraat 51 te 2018 Antwerpen · Previous registered office: Amsterdamstraat 44 bus F te 2321 Meer · General meeting of 10-03-20232 points ▸
  • General meeting, 10-03-2023
  • Registered-office move, Brusselstraat 51 te 2018 Antwerpen
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 541 days late
Annual accounts 2022 filed PDFmicro format · 176 days late
2022
Annual accounts 2019 filed PDFmicro format · 964 days late
Annual accounts 2020 filed PDFmicro format · 598 days late
Back to profit net €46,139 The net result is €46,139, after 3 loss-making years.
2020
Weakest financial year net -€32,946 The net result drops to -€32,946, the lowest from 2007 to 2022.
2019
Annual accounts 2018 filed PDFmicro format · 245 days late
New managing directorP.Verweij appointed, L.F.J Fransen resigned · Director discharge: L.F.J Fransen · General meeting of 26-01-20194 points ▸

Open the deed in the Belgian Official Gazette

2018
Registered office moved from Hoogstraten to MeerNew registered office: Amsterdamstraat 44 bus f, 2321 Meer · Previous registered office: Achtelsestraat 74 2320 Hoogstraten1 point ▸
  • Registered-office move, Amsterdamstraat 44 bus f, 2321 Meer
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Back to profit net €92,177 The net result is €92,177, after 4 loss-making years.
Liquidity more than 171 times current ratio 6.86 The current ratio rises from 0.04 to 6.86. Short-term debt falls from €111,238 to €30,862.
2017
Annual accounts 2017 filed PDFabbreviated format · 38 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 20 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 25 days late
2014
Annual accounts 2014 filed PDFabbreviated format · 26 days late
2013
Annual accounts 2013 filed PDFabbreviated format · 61 days late
Back to profit net €15,835 The net result is €15,835, after 4 loss-making years.
Annual accounts 2012 filed PDFabbreviated format · 125 days late
2011
Annual accounts 2011 filed PDFabbreviated format · 30 days late
2010
Annual accounts 2010 filed PDFabbreviated format · 30 days late
2009
Annual accounts 2009 filed PDFabbreviated format · 30 days late
Equity above €100,000 equity €112,385 ▲188% Equity rises from €39,054 to €112,385.
2008
Annual accounts 2008 filed PDFabbreviated format · 12 days late
Back to profit net €1,265 The net result is €1,265, after one loss-making year.
2007
Annual accounts 2007 filed PDFabbreviated format · 61 days late
2006
Annual accounts 2006 filed PDFabbreviated format · 111 days late
2005
Annual accounts 2005 filed PDFabbreviated format
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2001
Incorporation 20 publications in the Belgian Official Gazette, the last on 13-03-2024 · published on 10-03-2001

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office moved to Meer in 2018 and to Antwerp in 2023.12 Total assets fell from €219,647 in 2019 to €172,679 in 2022.3 The bankruptcy of CONVERT was declared on 7 March 2024 and closed on 30 June 2026.45

  1. 1Belgian Official Gazette, 03-10-2018
  2. 2Belgian Official Gazette, 11-04-2023
  3. 3National Bank, annual accounts 2019 and 2022
  4. 4Belgian Official Gazette, 13-03-2024
  5. 5Belgian Official Gazette, 06-07-2026

Company details

Identity

Enterprise number
0474.203.306
VAT number
BE 0474.203.306
Legal form
Public limited company
Status
Bankruptcy closed
Financial year
ends on 31 January
Peppol
Not found in the Peppol Directory
Name
CONVERT
Entity type
Legal entity

Registered office and establishments

2 former offices
  • Amsterdamstraat 44 bus F, 2321 Meer until 15-03-2023 · deed of 11-04-2023
  • Achtelsestraat 74, 2320 Hoogstraten until the deed of 03-10-2018

Buildings and parcels at the address

Ground area
261 m²
Buildings
261 m²
Volume, LiDAR
4,112 m³
Tallest building
22.5 m
Buildings to scale, each on its own parcel
261 m², 22.5 m 261 m², 22.5 m
Inactive

Inactive since July 2026

CONVERT has not been in the KBO register since 3 July 2026.

Status
Inactiveout of the register since 3 July 2026
Reason
Bankruptcy opened
Last annual accounts
financial year to 31 January 2022
Last registered office
Amsterdamstraat 44, Bus F, 2321 Meer (Hoogstraten)as published on 11 April 2023
Active since
2 March 2001
Official KBO record

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
11811L3838/00N000261 m² 1 · 261 m² 22.5 m · 6