CONVEXUS
ActiveSummary
CONVEXUS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €78,046 and a net result of €47,777. Its solvency ranks better than 49% of 1,362 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-07-2024 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 4 others
- Establishment unit
- 2.362.002.458 4701 Eupen, since 26-07-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 13-11-2025
Board and ownership
Board
- GROTECLAES Laurent Karl GerhardDirector
- HEINEN Nicole Monique AntoinetteDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts to 31-03-2026
- Gross margin
- €62,188
- ▲ 76.0%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €47,777
- ▲ 69.0%
- Equity
- €78,046
- ▲ 158%
- Total assets
- €128,364
- ▲ 121%
Score breakdownraises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.66, cash €47,754Equity €78,046 (60.8% of total assets)Show the evidence
Checked score
Score 2026
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 76% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2025
Strong
Solvency
86+9
equity 60.8% of total assets
Liquidity
79+3
short-term debt 37.5% · cash 37.2%
Profitability
100=
return on assets 37.2%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 0.4%
09-2025: 0.4%● unchanged vs 08-2025highest value
10-2025: < 0.1%▼ -0.4 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.66 (2.09 in 2025), above the usual 1.5. Short-term debt is 37.5% and cash 37.2% of total assets. 39.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 56% of them on solvency, 71% on liquidity, 84% on profitability and 93% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 01-09-2026, 60 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
60 days early
2025
59 days early
← before the deadline
after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 01-09-2026 at the NBB all 2 filings
Turnover
≈ €130,000
Estimated: probably between €95,000 and €160,000
Total assets
€128,364▲ 121%
2025 · €58,099
Net result
€47,777▲ 69.0%
2025 · €28,269
Working capital
€80,170▲ 165%
2025 · €30,269
Multi-year overview
2025 to 2026, 2 financial yearsOperating result
€62,188
▲ 76.0%
2026
20252026
Net result
€47,777
▲ 69.0%
2026
20252026
Equity
€78,046
▲ 158%
2026
20252026
Total assets
€128,364
▲ 121%
2026
20252026
Debt
€50,318
▲ 80.8%
2026
20252026
Working capital
€80,170
▲ 165%
2026
20252026
Solvency
60.8%
▲ 8.7pp
2026
20252026
Current ratio
2.66
▲ 0.58
2026
20252026
Return on assets (ROA)
37.2%
▼ 11.4pp
2026
20252026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20252026
Operating result€35,337-€62,188▲ 76.0%
Net result€28,269within the sector's middle half-€47,777▲ 69.0%
Equity€30,269within the sector's middle half-€78,046▲ 158%
Total assets€58,099below the sector's middle half-€128,364▲ 121%
Debt€27,830-€50,318▲ 80.8%
Working capital€30,269within the sector's middle half-€80,170▲ 165%
Solvency52.1%within the sector's middle half-60.8%▲ 8.7pp
Current ratio2.09within the sector's middle half-2.66▲ 0.58
Return on assets (ROA)48.7%above the sector's middle half-37.2%▼ 11.4pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is 76% higher than in 2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €128,364
Equity
€78,046 ▲ 158%
Debt
€50,318 ▲ 80.8%
Debt's share of the balance-sheet total falls from 47.9% to 39.2%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.64▼
2025 · 0.92
ROE
61.2%▼
2025 · 93.4%
Debt ≤ 1 year
€48,194▲
2025 · €27,830
Income taxes
€11,940▲
2025 · €7,067
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Gross operating margin9900 | €35,337 | €62,188 | ▲ 76.0% |
| Operating profit (loss)9901 | €35,337 | €62,188 | ▲ 76.0% |
| Financial income75/76B | - | €449 | - |
| Recurring financial income75 | - | €449 | - |
| Financial charges65/66B | - | €2,920 | - |
| Recurring financial charges65 | - | €2,920 | - |
| Profit (loss) for the period before taxes9903 | €35,337 | €59,717 | ▲ 69.0% |
| Income taxes67/77 | €7,067 | €11,940 | ▲ 68.9% |
| Profit (loss) for the period9904 | €28,269 | €47,777 | ▲ 69.0% |
| Profit (loss) for the period to be appropriated9905 | €28,269 | €47,777 | ▲ 69.0% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €58,099 | €128,364 | ▲ 121% |
| Current assets29/58 | €58,099 | €128,364 | ▲ 121% |
| Amounts receivable within one year40/41 | €18,898 | €20,387 | ▲ 7.9% |
| Trade receivables40 | €18,795 | €20,284 | ▲ 7.9% |
| Other amounts receivable41 | €103 | €103 | = |
| Current investments50/53 | - | €60,223 | - |
| Cash at bank and in hand54/58 | €39,202 | €47,754 | ▲ 21.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €58,099 | €128,364 | ▲ 121% |
| Equity10/15 | €30,269 | €78,046 | ▲ 158% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €28,269 | €76,046 | ▲ 169% |
| Amounts payable17/49 | €27,830 | €50,318 | ▲ 80.8% |
| Amounts payable within one year42/48 | €27,830 | €48,194 | ▲ 73.2% |
| Trade debts44 | €13,230 | €14,190 | ▲ 7.3% |
| Suppliers440/4 | €13,230 | €14,190 | ▲ 7.3% |
| Taxes, remuneration and social security45 | €2,949 | €4,004 | ▲ 35.8% |
| Taxes450/3 | €2,949 | €4,004 | ▲ 35.8% |
| Other amounts payable47/48 | €11,651 | €30,000 | ▲ 157% |
| Accrued charges and deferred income492/3 | - | €2,124 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €28,269 | €47,777 | ▲ 69.0% |
| Operating cash flow (approximation) | €28,269 | €47,777 | ▲ 69.0% |
| Change in cash | - | €8,552 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as CONVEXUS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CONVEXUS itself is lower: < 0.1% within 12 months. It rests on far more data about CONVEXUS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for CONVEXUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2024
GROTECLAES Laurent Karl Gerhard
Current
Director (not named in the articles) · appointed in the act of 16-07-2024 · term without a fixed end
HEINEN Nicole Monique Antoinette
Current
Director (not named in the articles) · appointed in the act of 16-07-2024 · term without a fixed end
Owners and capital
Shareholders
At incorporation
act of 16-07-2024 ↗
- GROTECLAES Laurent Karl Gerhard 200 shares (100%) · €2,000 in cash
Capital transactions
Capital over time
- 16-07-2024 Incorporation · €2,000 · 200 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| GROTECLAES Laurent Karl Gerhard |
|
| HEINEN Nicole Monique Antoinette |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement”
Capital, shares and profit
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Libérées à leur émission, En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 16-07-2024 (in German)
Network & group
CONVEXUS shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of CONVEXUS. Every other company they run is a node.
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
Acts, filings and financial milestones
Deadline for the 2027 accounts:
2026
01-09
micro format · 60 days before the deadline
2025
02-09
micro format · 59 days before the deadline
2024
16-07
Gazette deed
IncorporationStarting capital €2,000 · Appointments: GROTECLAES Laurent Karl Gerhard (director) and HEINEN Nicole Monique Antoinette (director) · Founder12 points ▸
Gazette deed
Incorporation
Starting capital €2,000 · Appointments: GROTECLAES Laurent Karl Gerhard (director) and HEINEN Nicole Monique Antoinette (director) · Founder12 points ▸
- Incorporation, 05-07-2024
- Founding capital, €2,000
- Founder, GROTECLAES Laurent Karl Gerhard
- Other provision, 20-06-2024
- Other provision, “responsabilité des fondateurs, capitaux propres de départ manifestement insuffisants pour mener l'activité projetée” (deed in German)
- Share issue, “Banque KBC”, 200 (deed in German)
- Registered office clause, “4701 Eupen, Buschbergerweg 33” (deed in German)
- Board rule, 2
- Director appointment, GROTECLAES Laurent Karl Gerhard (director (not named in the articles))
- Director appointment, HEINEN Nicole Monique Antoinette (director (not named in the articles))
- Pre-incorporation commitments, “takeover, all commitments, obligations and activities” (deed in German)
- Power of attorney, GROTECLAES Laurent Karl Gerhard
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
CONVEXUS in German
Enterprise number
1011.534.212
Legal form
Private limited company
Status
Active, normale toestand
Founded
12-07-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-07-2024 (in German)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger”
deed of 16-07-2024 (in German)Registered office and establishments
Registered office
Buschbergerweg 33, 4701 Eupen, Belgium
Establishment unit
CONVEXUS, Buschbergerweg 33, 4701 Eupen since 26-07-2024 · unit number 2.362.002.458
Activities
NACEBEL 202570200
Business and other management consultancy main activity
62200
Computer consultancy and computer facilities management
70100
Activities of head offices
73300
Public relations and communication consultancy
82990
Other business support services
Codes under NACEBEL 2008
70220
Business consulting main activity
62020
IT consultancy
70100
Activities of head offices
70210
Activities of head offices; management consultancy activities
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 16-07-2024 (in German)
“12. L’achat, le montage-démontage, la réparation, la transformation, la vente, la distribution, la location, l’échange, l’import, l’export…”
19 activities
- 12. L’achat, le montage-démontage, la réparation, la transformation, la vente, la distribution, la location, l’échange, l’import, l’export, la livraison et l’installation, le traitement, l’entreposage de tout matériel, matières premières et mobilier pouvant servir et nécessaire à son activité et à l’organisation d’évènements de toutes natures, et des procédés produits et méthodes ayant un rapport avec son objet social, ainsi que la mise à disposition de tiers de tous moyens nécessaires à la réalisation de son objet.
- L’acquisition, l’exploitation ou concession (en location) de fonds de commerce, brevets, licences, marques de fabrique (et de commerce) ou procédés de fabrication relatifs à son objet, la réalisation, le développement, la gestion, la mise en valeur, la prise ou l’attribution de licences, de brevets, de know-how et autres droits intellectuels.
- 13. L’import-export, le commissionnement, le courtage, la représentation, l’achat, la vente, le commerce sous toutes ses formes de tous produits et techniques ;
- Toutes activités (directe ou indirecte) d’intermédiaire, de mandataire, de prestations commerciales, techniques, administratives ou sociales pour compte de tiers en rapport avec son objet social ;
- La prestation de service de conseil en organisation et gestion d’entreprises actives dans ce domaine ou dans tout autre domaine au sens le plus large qui soit, la représentation, la promotion et l’ intervention en tant qu’intermédiaire commercial ;
- L'activité lobbying, d'intermédiaire, de mise en contact et/ou de conseil, sous quelque forme que ce soit, dans toutes les matières et activités évoquées dans le présent objet social ;
- La représentation commerciale, tant en Belgique qu'à l'étranger, de tous biens de quelque nature que ce soit ; le commerce et le négoce international des tous produits.
- 14. Dans toutes les activités précitées, la sélection et le recrutement de personnel (technique, administratif ou autre), tant pour son compte que pour le compte d’autres entreprises.
- La mise à la disposition de tiers tous moyens (en ce compris la mise à disposition de personnel internes et/ou externes) nécessaires à la réalisation de son objet, ainsi que louer ou vendre tout matériel, meuble ou installation nécessaire à la production et la diffusion de ses produits et supports ou à l’exercice de son activité.
- La société peut faire ces opérations en nom et compte propre, mais aussi au nom et/ou pour compte de ses membres, et même pour compte de tiers, notamment à titre de commissionnaire.
- 15. Sur le plan civil, et pour compte propre: l’achat, la vente, l’ échange, le lotissement, la mise ou la prise en location, le leasing, l’exploitation, la construction, la rénovation, l’aménagement, la promotion, la transformation, la division horizontale et verticale, la mise sous le régime de la copropriété, la viabilisation, la mise en valeur et la gestion de tous biens immeubles (bâtis ou non bâtis) et en général l’exécution de toutes opérations immobilières, l’étude et l’exécution de toute opération en relation avec tout droit immobilier par nature, par incorporation ou par destination.
- La société pourra donner en location ses installations et exploitations ou les donner à gérer à des tiers, en tout ou en partie.
- La société pourra, uniquement pour son compte propre, acquérir, détenir et gérer un patrimoine de valeurs mobilières et immobilières, d’œuvres d’art, matières premières et devises étrangères à titre permanent ou provisoire, actions, titres de créances ou instruments financiers, leur gestion, mise en valeur, leur cession par vente, apport, transfert ou autrement.
- 16. L’acceptation et l’exécution de mandats de gérant, d’administrateur, de liquidateur et de membre de comité de direction dans toutes sociétés, entreprises ou associations.
- 17. - Sous réserve des dispositions légales et réglementaires, la société peut se porter caution, constituer des garanties personnelles et réelles au profit de tiers, personnes physiques ou morales, notamment et non exclusivement de ses filiales.
- La société peut réaliser son objet social en tous lieux, de toutes les manières et selon les modalités qui lui paraissent les mieux appropriées. Le cas échéant, elle se conformera pour telle ou telle activité à la loi réglementant l'accès à la profession. Elle pourra développer ses activités elle-même ou en collaboration avec des gérants ou franchisés indépendants.
- La société pourra réaliser toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à en faciliter la réalisation.
- Elle pourra s'intéresser, par voie d’acquisition, d'apport, de fusion, de scission, de participation, de souscription et par tout autre moyen, dans toutes sociétés, entreprises ou associations ayant un objet similaire ou connexe au sien, ou de nature à favoriser la réalisation de son objet, à lui procurer des matières premières ou à faciliter l’écoulement de ses produits et services.
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession, la société subordonnera son action, en ce qui concerne la prestation de ces actes, à la réalisation de ces conditions.
Invoicing and payment
VAT number
BE 1011.534.212
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of September at 18:00
deed of 16-07-2024 (in German)Sites & property
Location
Cannot be placed on the map
This address was not found in the Belgian address register (BOSA BEST).
Buschbergerweg 334701 Eupen