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CONVERTIBLE

Active Private limited companyfounded 2005active for 21 yearsChaussée de Namur 16, 4210 BurdinneKBO/BCE: BE 0874.639.892
CONVERTIBLE
Financial year 2025
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Annual accounts 2025

micro format, filed on 11-09-2026, 42 days late
-€6,543
▼ €121,811
-€23,530
▼ €119,659
-€28,813
▼ €116,125
€23,526
▼ 53.6%
-19.0%
▼ 14.4 percentage points
1.12
▼ 0.11

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €217,972 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-19.0%

Higher than 17% of 25,237 companies in 2025.

1.12

Higher than 37% of 24,245 companies in 2025.

-13.2%

Higher than 15% of 24,434 companies in 2025.

CONVERTIBLE Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 217,972274,144181,776244,866241,037226,087248,418271,785252,426292,045227,663185,151173,546208,858170,565227,516188,065171,198107,107
21/28 5,0836,7686,7966,8758,2509,56611,26013,5712,1353,2754,0863,1095,0096,3317,2437,5208,67011,41913,088
22/27 5,0836,7686,7966,8758,2509,56611,26013,5712,1353,2754,0863,1095,0096,3317,2437,5208,67011,41913,088
22 ------------------4,987
23 5,0836,7686,7966,8758,2509,56611,06612,5742993991663318961,4611,4172,4222,5724,3204,671
24 -------6111,2582,1072,9581,1901,9052,0422,3792,9523,5254,098-
26 ------1943865787709621,5872,2072,8273,4472,1462,5743,0023,430
28 ---0---------------
29/58 212,889267,376174,980237,991232,787216,521237,159258,215250,291288,770223,577182,042168,537202,527163,322219,997179,394159,77994,020
3 167,410164,650167,650159,525153,525152,183162,483214,088206,088205,820151,990141,259146,172146,806131,018115,531123,38298,59362,437
30/36 167,410164,650167,650159,525153,525152,183162,483214,088206,088205,820151,990141,259146,172146,806131,018115,531123,38298,59362,437
40/41 45,479102,7267,33078,46679,26364,33874,67644,12744,20382,95071,58740,78322,36547,15831,06469,92248,81959,94728,364
40 32,544102,7267,33078,46679,26364,33874,67641,27144,20382,95071,58735,27118,81047,15828,47345,02548,81952,15428,364
41 12,935------2,855---5,5123,554-2,59124,897-7,793-
54/58 -------------6,856-31,032246-1,980
490/1 -------------1,7071,2403,5116,9471,2381,238
Balance sheet: equity and liabilities
10/49 217,972274,144181,776244,866241,037226,087248,418271,785252,426292,045227,663185,151173,546208,858170,565227,516188,065171,198107,107
10/15 -41,391-12,578-99,889-81,310-75,655-91,506-14,657-34,824-39,490-24,473-12,183-44,553-5291,18817,0157,91011,27419,30116,356
10/11 35,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,000
10 35,00035,00035,00035,00035,000--------------
100 35,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,00035,000
12 ---0---------------
14 -76,391-47,578-134,889-116,310-110,655-126,506-49,657-69,824-74,490-59,473-47,183-79,553-35,529-33,812-17,985-27,090-23,726-15,699-18,644
17/49 259,363286,722281,666326,177316,693317,593263,075306,609291,916316,518239,846229,705174,074207,670153,550219,606176,791151,89790,751
17 70,00070,00093,44399,55589,57280,64970,00070,00070,00064,00070,00068,00072,00069,0002,98173,72673,72683,57011,798
170/4 70,00070,00093,44399,55589,57280,64970,00070,00070,00064,00070,00068,00072,00069,0002,98173,72673,72683,57011,798
42/48 189,363216,722188,223226,622227,121236,944193,075236,609221,916252,518169,846161,705102,074138,670150,569145,880103,06568,32773,553
42 --------------24,897--7,8917,891
43 ------11,63510,0579,5468,7749,52986641,8365,1802,409----
430/8 ------11,63510,0579,5468,7749,52986633,9225,1802,409----
439 ------------7,913------
44 14,54168,314100,96985,87868,38773,83353,39354,70762,26049,06580,04297,099-103,676-31,80764,891-16,062
440/4 14,54168,314100,96985,87868,38773,83353,39354,70762,26049,06580,04297,099-103,676-31,80764,891-16,062
45 1,521-2,9441123,7322,8675,7991,3504,2866,6091,726---1,6133,6296474,633-
450/3 --1,3841123,7322,8675,7991,3504,2866,6091,726---1,6133,6296474,633-
454/9 1,521-1,560----------------
47/48 173,301148,40884,310140,632155,001160,244122,248170,495145,825188,07078,54963,74060,23929,814121,650110,44437,52655,80349,601
492/3 ------------------5,400
Income statement
9900 -6,543115,2697,5979,45627,992-60,96541,80512,421-8,576-4,15438,519-36,9354,383-10,12018,17314,658-2,0429,50525,605
62 9,43310,4189,6716,0467,06611,53714,970----------2,1323,951
630 1,6851,6851,5191,3781,4011,6942,3112,3141,1411,3092,1261,9001,9002,0012,1983,1512,7492,7492,533
640/8 5,8697,0376,4742,0214,0352,7231,2412,0242,0803,4631,1202,1301,6925403,8832,9691,377972748
66A ------------------1
9901 -23,53096,129-10,0671115,489-76,91923,2838,084-11,797-8,92635,273-40,965791-12,66112,0928,538-6,1683,65218,373
75/76B 3,43080-337-07-1-19-26138---01
75 3,43080-337-07-1-19-26138---01
65/66B 8,5068,8978,5126,0045,1383,3343,1223,4183,2213,3642,9213,0592,5333,3042,98711,9021,8597071,629
65 8,5068,8978,5126,0045,1383,3343,1223,4183,2213,3642,9213,0592,5333,3042,98711,9021,8597071,629
9903 -28,60787,312-18,579-5,65510,351-80,25320,1684,666-15,017-12,29032,371-44,025-1,716-15,8279,105-3,364-8,0272,94516,744
67/77 206----5,500-3,403-------------
9904 -28,81387,312-18,579-5,65515,851-76,85020,1684,666-15,017-12,29032,371-44,025-1,716-15,8279,105-3,364-8,0272,94516,744
9905 -28,81387,312-18,579-5,65515,851-76,85020,1684,666-15,017-12,29032,371-44,025-1,716-15,8279,105-3,364-8,0272,94516,744
Appropriation of the result
9906 -76,391-47,578-134,889-116,310-110,655-126,506-49,657-69,824-74,490-59,473-47,183-79,553-35,529-33,812-17,985-27,090-23,726-15,699-18,644
14P -47,578-134,889-116,310-110,655-126,506--------------
Social balance sheet
9087 ------0.5----------0.20.4
Hours worked1013 ------839----------1018
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The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 11-09-2026.

Download as CSV

Filings

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

2025 annual accounts filed 42 days after the deadline. Filed on 11 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511202.

Financial year Type Filed Reference Document
31-12-2025 micro format 11-09-2026 2026-00511202 PDF
31-12-2024 micro format 30-09-2025 2025-00519204 PDF
31-12-2023 micro format 30-08-2024 2024-00404026 PDF
31-12-2022 micro format 30-09-2023 2023-00462654 PDF
31-12-2021 micro format 26-08-2022 2022-20322879 PDF
31-12-2020 micro format 21-08-2021 2021-52100155 PDF
31-12-2019 micro format 07-08-2020 2020-39800312 PDF
31-12-2018 micro format 06-09-2019 2019-63500177 PDF
31-12-2017 micro format 31-07-2018 2018-41000263 PDF
31-12-2016 micro format 31-07-2017 2017-40700595 PDF
31-12-2015 full format 30-07-2016 2016-39700170 PDF
31-12-2014 full format 31-07-2015 2015-38800424 PDF
31-12-2013 full format 31-07-2014 2014-38800398 PDF
31-12-2012 full format 30-07-2013 2013-38000202 PDF
31-12-2011 full format 30-07-2012 2012-36200273 PDF
31-12-2010 full format 28-07-2011 2011-35000538 PDF
31-12-2009 full format 31-07-2010 2010-37900108 PDF
31-12-2008 full format 28-07-2009 2009-49200126 PDF
31-12-2007 full format 28-07-2008 2008-50300036 PDF
31-12-2006 full format 06-07-2007 2007-35700190 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
-21,84597,814-8,5481,38916,890-75,22525,59410,398-10,656-7,61737,399-39,0652,691-10,66014,29011,688-3,4196,40120,906
-27,12888,997-17,060-4,27817,252-75,15622,4796,980-13,876-10,98134,496-42,125184-13,82611,303-214-5,2785,69419,277
01,6571,4403850013,75004993,10305781,0891,9222,00001,0812,847
---------------30,785---
23,52650,654-13,24211,3695,667-20,42444,08421,60528,37536,25153,73120,33866,46263,85712,75374,11676,33091,45220,466
-19.0%-4.6%-55.0%-33.2%-31.4%-40.5%-5.9%-12.8%-15.6%-8.4%-5.4%-24.1%-0.3%0.6%10.0%3.5%6.0%11.3%15.3%
1.121.230.931.051.020.911.231.091.131.141.321.131.651.461.081.511.742.341.28
0.240.470.040.350.350.270.390.190.200.330.420.250.220.400.210.720.540.900.43
--------------9.0227.7615.687.875.55
--------------53.5%-42.5%-71.2%15.3%102.4%
-13.2%31.8%-10.2%-2.3%6.6%-34.0%8.1%1.7%-5.9%-4.2%14.2%-23.8%-1.0%-7.6%5.3%-1.5%-4.3%1.7%15.6%
-2.5710.99-1.000.233.29--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,657---
€1,685€1,685€1,519€1,378€1,401

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CONVERTIBLE

The operating result for 2025 is a loss of €23,530, after a profit of €96,129 in 2024. It is the lowest result since 2020.

Equity is negative. Debt (€259,363) exceeds the balance-sheet total (€217,972).

Next steps

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