CONVERTO
ActiveSummary
CONVERTO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,029 and a net result of €61,090. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 3572 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency92▲+15
Growth66▲+1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.48 against 2.26 in 2024; short-term debt: 16.9% and cash: 22.6% of total assets), and 33.2% of the assets are financed with debt.
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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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% 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
66.8%
Return on assets
26.7%
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 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
35 d early
2023
5 d early
2022
31 d early
2021
2 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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. Usually files around 27 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€220,431▲ 10.1%
2024 · €200,209
EBIT margin
39.5%▲ 6.4pp
2024 · 33.2%
Net result
€61,090▲ 37.2%
2024 · €44,514
Working capital
€57,224▲ 26.1%
2024 · €45,375
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€179,866▲ 0.2%€182,621▲ 1.5%€203,188▲ 11.3%€200,209▼ 1.5%€220,431▲ 10.1%
Operating result€10,296▼ 25.7%€35,272▲ 243%€59,017▲ 67.3%€66,409▲ 12.5%€87,118▲ 31.2%
Net result€3,118within the sector's middle half▼ 36.2%€23,477within the sector's middle half▲ 653%€38,467above the sector's middle half▲ 63.8%€44,514above the sector's middle half▲ 15.7%€61,090above the sector's middle half▲ 37.2%
EBIT margin5.7%▼ 2.0pp19.3%▲ 13.6pp29.0%▲ 9.7pp33.2%▲ 4.1pp39.5%▲ 6.4pp
Equity€55,481within the sector's middle half▲ 6.0%€78,958within the sector's middle half▲ 42.3%€47,425within the sector's middle half▼ 39.9%€91,939within the sector's middle half▲ 93.9%€153,029above the sector's middle half▲ 66.4%
Total assets€211,461within the sector's middle half▲ 0.9%€223,262within the sector's middle half▲ 5.6%€147,545within the sector's middle half▼ 33.9%€176,392within the sector's middle half▲ 19.6%€229,194above the sector's middle half▲ 29.9%
Debt€155,980▼ 0.7%€144,304▼ 7.5%€100,120▼ 30.6%€84,453▼ 15.6%€76,165▼ 9.8%
Working capital-€1,792below the sector's middle half▲ 77.6%€28,746within the sector's middle half€3,392within the sector's middle half▼ 88.2%€45,375within the sector's middle half▲ 1,238%€57,224within the sector's middle half▲ 26.1%
Solvency26.2%within the sector's middle half▲ 1.2pp35.4%within the sector's middle half▲ 9.1pp32.1%within the sector's middle half▼ 3.2pp52.1%within the sector's middle half▲ 20.0pp66.8%within the sector's middle half▲ 14.6pp
Current ratio0.98below the sector's middle half▲ 0.101.39within the sector's middle half▲ 0.421.08within the sector's middle half▼ 0.312.26within the sector's middle half▲ 1.182.48within the sector's middle half▲ 0.22
Return on assets (ROA)1.5%within the sector's middle half▼ 0.9pp10.5%within the sector's middle half▲ 9.0pp26.1%above the sector's middle half▲ 15.6pp25.2%within the sector's middle half▼ 0.8pp26.7%above the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229,194
Fixed assets
€133,319 ▲ 40.2%
Current assets
€95,875 ▲ 18.0%
Equity and liabilities €229,194
Equity
€153,029 ▲ 66.4%
Debt
€76,165 ▼ 9.8%
Debt's share of the balance-sheet total falls from 47.9% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,606▲
2024 · €83,207
Cash flow
€79,578▲
2024 · €61,312
Debt to equity
0.50▼
2024 · 0.92
ROE
39.9%▼
2024 · 48.4%
Interest coverage
24.76▲
2024 · 21.84
Debt ≤ 1 year
€38,651▲
2024 · €35,897
Debt > 1 year
€37,514▼
2024 · €48,465
Income taxes
€23,628▲
2024 · €18,288
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €179,866 | €182,621 | €203,188 | €200,209 | €220,431 | ▲ 10.1% |
| Goods, raw materials, services and sundry goods60/61 | €173,168 | €155,890 | €153,026 | €124,155 | €125,710 | ▲ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,635 | €17,447 | €17,041 | €16,798 | €18,488 | ▲ 10.1% |
| Other operating charges640/8 | €3,534 | €2,185 | €2,636 | €1,897 | €1,693 | ▼ 10.8% |
| Gross operating margin9900 | €31,465 | €54,904 | €78,694 | €85,104 | €107,299 | ▲ 26.1% |
| Operating profit (loss)9901 | €10,296 | €35,272 | €59,017 | €66,409 | €87,118 | ▲ 31.2% |
| Financial income75/76B | - | - | - | €202 | €1,865 | ▲ 823% |
| Recurring financial income75 | - | - | - | €202 | €1,865 | ▲ 823% |
| Financial charges65/66B | €5,281 | €4,788 | €4,789 | €3,809 | €4,265 | ▲ 12.0% |
| Recurring financial charges65 | €5,281 | €4,788 | €4,789 | €3,809 | €4,265 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €5,015 | €30,484 | €54,228 | €62,802 | €84,718 | ▲ 34.9% |
| Income taxes67/77 | €1,897 | €7,007 | €15,761 | €18,288 | €23,628 | ▲ 29.2% |
| Profit (loss) for the period9904 | €3,118 | €23,477 | €38,467 | €44,514 | €61,090 | ▲ 37.2% |
| Profit (loss) for the period to be appropriated9905 | €3,118 | €23,477 | €38,467 | €44,514 | €61,090 | ▲ 37.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211,461 | €223,262 | €147,545 | €176,392 | €229,194 | ▲ 29.9% |
| Fixed assets21/28 | €138,705 | €121,258 | €104,217 | €95,120 | €133,319 | ▲ 40.2% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €138,655 | €121,208 | €104,167 | €95,070 | €83,269 | ▼ 12.4% |
| Land and buildings22 | €133,458 | €117,987 | €102,516 | €87,045 | €71,573 | ▼ 17.8% |
| Plant, machinery and equipment23 | €1,493 | €1,040 | €587 | €261 | €63 | ▼ 75.9% |
| Furniture and vehicles24 | €3,704 | €2,181 | €1,064 | €7,764 | €11,633 | ▲ 49.8% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50,050 | ▲ 100,000% |
| Current assets29/58 | €72,756 | €102,004 | €43,328 | €81,272 | €95,875 | ▲ 18.0% |
| Amounts receivable within one year40/41 | €3,771 | €29,473 | €2,428 | €22 | €76 | ▲ 245% |
| Other amounts receivable41 | €3,771 | €29,473 | €2,428 | €22 | €76 | ▲ 245% |
| Current investments50/53 | - | - | - | €69,502 | €40,045 | ▼ 42.4% |
| Cash at bank and in hand54/58 | €49,054 | €59,250 | €33,905 | €6,453 | €51,878 | ▲ 704% |
| Deferred charges and accrued income490/1 | €19,931 | €13,281 | €6,995 | €5,295 | €3,876 | ▼ 26.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211,461 | €223,262 | €147,545 | €176,392 | €229,194 | ▲ 29.9% |
| Equity10/15 | €55,481 | €78,958 | €47,425 | €91,939 | €153,029 | ▲ 66.4% |
| Contributions10/11 | €75,000 | €75,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €1,067 | €1,067 | €39,067 | €80,067 | €140,067 | ▲ 74.9% |
| Non-distributable reserves130/1 | €1,067 | €1,067 | - | - | - | - |
| Reserves not available under the articles1311 | €1,067 | €1,067 | - | - | - | - |
| Distributable reserves133 | - | - | €39,067 | €80,067 | €140,067 | ▲ 74.9% |
| Profit (loss) carried forward14 | -€20,586 | €2,891 | €3,358 | €6,872 | €7,962 | ▲ 15.9% |
| Amounts payable17/49 | €155,980 | €144,304 | €100,120 | €84,453 | €76,165 | ▼ 9.8% |
| Amounts payable after more than one year17 | €79,900 | €69,354 | €59,279 | €48,465 | €37,514 | ▼ 22.6% |
| Financial debts170/4 | €79,900 | €69,354 | €59,279 | €48,465 | €37,514 | ▼ 22.6% |
| Amounts payable within one year42/48 | €74,548 | €73,258 | €39,936 | €35,897 | €38,651 | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | €10,414 | €10,546 | €10,679 | €10,814 | €10,951 | ▲ 1.3% |
| Trade debts44 | €18,091 | €12,908 | €4,909 | €5,226 | €5,721 | ▲ 9.5% |
| Suppliers440/4 | €18,091 | €12,908 | €4,909 | €5,226 | €5,721 | ▲ 9.5% |
| Taxes, remuneration and social security45 | €11,079 | €13,861 | €22,650 | €17,526 | €20,008 | ▲ 14.2% |
| Taxes450/3 | €11,079 | €11,317 | €22,650 | €14,619 | €20,008 | ▲ 36.9% |
| Remuneration and social security454/9 | - | €2,544 | - | €2,907 | - | - |
| Other amounts payable47/48 | €34,964 | €35,943 | €1,698 | €2,331 | €1,971 | ▼ 15.4% |
| Accrued charges and deferred income492/3 | €1,532 | €1,692 | €905 | €91 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,118 | €23,477 | €38,467 | €44,514 | €61,090 | ▲ 37.2% |
| + Depreciation and write-downs630 | €17,635 | €17,447 | €17,041 | €16,798 | €18,488 | ▲ 10.1% |
| Operating cash flow (approximation) | €20,753 | €40,924 | €55,508 | €61,312 | €79,578 | ▲ 29.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€7,701 | -€56,687 | ▼ 636% |
| Change in cash | - | €10,196 | -€25,345 | -€27,452 | €45,425 | ▲ 265% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €61,090 ▲37.2%
Operating result €87,118, net result €61,090, both a record.
31-12
Financial
Equity above €150,000Eq €153,029 ▲66.4%
8 profitable years in a row build equity to €153,029.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.26
Current ratio from 1.08 to 2.26; short-term debt falls from €39,936 to €35,897.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €149 ▼87.6%
Net result drops to €149, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Fernelmont · 1 establishment unit since 2010
Ground area
4,789 m²
Building footprint
213 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
CONVERTO
since 20102.183.979.447
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92096A0302/00G000 | Wallonia | 2,644 m² | 1 · 112 m² | - |
| 92096B0233/00K000 | Wallonia | 2,145 m² | 1 · 101 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,551 companies in this sector we hold annual accounts for 1,934. 1,528 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded08-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
39000Remediation activities and other waste management service activities
68122Development of non-residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
bastien.benoit@gmail.comFernelmont
Phone
0476/346 675Fernelmont
E-invoicing
Reachable via Peppol
Peppol ID
0208:0822066882
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.