CONVEY
ActiveSummary
CONVEY has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €661,297 and a net result of €167,639. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+5
Solvency95▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.4 against 2.4 in 2024; short-term debt: 15.9% and cash: 41.2% of total assets), and 30.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
69.9%
Return on assets
17.7%
Age of the figures
18 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 · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
21 d late
2023
1 d early
2022
3 d late
2021
2 d late
2020
23 d late
2019
9 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 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€661,297▲ 34.0%
2024 · €493,658
Total assets
€945,565▲ 19.4%
2024 · €791,966
Net result
€167,639▲ 51.2%
2024 · €110,870
Working capital
€359,329▲ 74.5%
2024 · €205,902
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
Line20212022202320242025
Operating result€121,914-€77,167▼ 36.7%€137,386▲ 78.0%€173,204▲ 26.1%€184,429▲ 6.5%
Net result€82,990-€48,044▼ 42.1%€88,526▲ 84.3%€110,870▲ 25.2%€167,639▲ 51.2%
Equity€374,488-€422,532▲ 12.8%€382,788▼ 9.4%€493,658▲ 29.0%€661,297▲ 34.0%
Total assets€657,869-€661,698▲ 0.6%€744,993▲ 12.6%€791,966▲ 6.3%€945,565▲ 19.4%
Debt€283,381-€239,166▼ 15.6%€362,205▲ 51.4%€298,308▼ 17.6%€284,268▼ 4.7%
Working capital€181,542-€209,309▲ 15.3%€105,320▼ 49.7%€205,902▲ 95.5%€359,329▲ 74.5%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €945,565
Fixed assets
€436,243 ▼ 0.6%
Current assets
€509,322 ▲ 44.2%
Equity and liabilities €945,565
Equity
€661,297 ▲ 34.0%
Debt
€284,268 ▼ 4.7%
Debt's share of the balance-sheet total falls from 37.7% to 30.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€205,938▲
2024 · €193,037
Cash flow
€189,148▲
2024 · €130,703
Current ratio
3.40▲
2024 · 2.40
Quick ratio
3.31▲
2024 · 2.29
Debt to equity
0.43▼
2024 · 0.60
ROE
25.4%▲
2024 · 22.5%
ROA
17.7%▲
2024 · 14.0%
Interest coverage
18.92▼
2024 · 18.94
Debt ≤ 1 year
€149,993▲
2024 · €147,383
Debt > 1 year
€126,157▼
2024 · €143,495
Income taxes
€63,324▲
2024 · €54,475
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 17,792 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,435 | €17,773 | €18,456 | €19,833 | €21,509 | ▲ 8.5% |
| Other operating charges640/8 | - | €2,150 | €1,024 | €706 | €699 | ▼ 1.0% |
| Non-recurring operating charges66A | - | - | - | €33 | €0 | ▼ 100% |
| Gross operating margin9900 | €144,524 | €97,090 | €156,867 | €193,775 | €206,637 | ▲ 6.6% |
| Operating profit (loss)9901 | €121,914 | €77,167 | €137,386 | €173,204 | €184,429 | ▲ 6.5% |
| Financial income75/76B | - | €1,459 | €2,700 | €2,335 | €57,415 | ▲ 2,359% |
| Recurring financial income75 | €2,898 | €1,459 | €2,700 | €2,335 | €57,415 | ▲ 2,359% |
| Financial charges65/66B | - | €6,165 | €7,692 | €10,194 | €10,882 | ▲ 6.8% |
| Recurring financial charges65 | €5,483 | €6,165 | €7,692 | €10,194 | €10,882 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €119,328 | €72,461 | €132,394 | €165,345 | €230,962 | ▲ 39.7% |
| Income taxes67/77 | €36,338 | €24,417 | €43,868 | €54,475 | €63,324 | ▲ 16.2% |
| Profit (loss) for the period9904 | €82,990 | €48,044 | €88,526 | €110,870 | €167,639 | ▲ 51.2% |
| Profit (loss) for the period to be appropriated9905 | €82,990 | €48,044 | €88,526 | €110,870 | €167,639 | ▲ 51.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €657,869 | €661,698 | €744,993 | €791,966 | €945,565 | ▲ 19.4% |
| Fixed assets21/28 | €388,900 | €392,756 | €442,570 | €438,682 | €436,243 | ▼ 0.6% |
| Tangible fixed assets22/27 | €387,250 | €392,756 | €392,570 | €388,682 | €386,243 | ▼ 0.6% |
| Land and buildings22 | - | €391,567 | €388,149 | €386,625 | €373,795 | ▼ 3.3% |
| Plant, machinery and equipment23 | - | - | €2,035 | €1,832 | €1,628 | ▼ 11.1% |
| Furniture and vehicles24 | - | €1,188 | €2,386 | €225 | €10,820 | ▲ 4,705% |
| Financial fixed assets28 | €1,650 | - | €50,000 | €50,000 | €50,000 | = |
| Current assets29/58 | €268,969 | €268,942 | €302,423 | €353,284 | €509,322 | ▲ 44.2% |
| Amounts receivable after more than one year29 | - | €100,000 | €50,000 | €50,000 | €52,500 | ▲ 5.0% |
| Other amounts receivable291 | - | €100,000 | €50,000 | €50,000 | €52,500 | ▲ 5.0% |
| Stocks and contracts in progress3 | €24,411 | €24,411 | €22,800 | €16,157 | €12,118 | ▼ 25.0% |
| Stocks30/36 | - | €24,411 | €22,800 | €16,157 | €12,118 | ▼ 25.0% |
| Amounts receivable within one year40/41 | €98,305 | €45,574 | €55,039 | €69,258 | €49,456 | ▼ 28.6% |
| Trade receivables40 | - | €44,991 | €55,032 | €69,231 | €49,451 | ▼ 28.6% |
| Other amounts receivable41 | - | €583 | €8 | €27 | €5 | ▼ 82.6% |
| Cash at bank and in hand54/58 | €144,171 | €95,978 | €171,238 | €214,668 | €389,800 | ▲ 81.6% |
| Deferred charges and accrued income490/1 | - | €2,979 | €3,345 | €3,201 | €5,448 | ▲ 70.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €657,869 | €661,698 | €744,993 | €791,966 | €945,565 | ▲ 19.4% |
| Equity10/15 | €374,488 | €422,532 | €382,788 | €493,658 | €661,297 | ▲ 34.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €368,288 | €416,332 | €376,588 | €487,458 | €655,097 | ▲ 34.4% |
| Distributable reserves133 | - | €416,332 | €376,588 | €487,458 | €655,097 | ▲ 34.4% |
| Amounts payable17/49 | €283,381 | €239,166 | €362,205 | €298,308 | €284,268 | ▼ 4.7% |
| Amounts payable after more than one year17 | €193,885 | €177,355 | €160,560 | €143,495 | €126,157 | ▼ 12.1% |
| Financial debts170/4 | - | €177,355 | €160,560 | €143,495 | €126,157 | ▼ 12.1% |
| Amounts payable within one year42/48 | €87,427 | €59,633 | €197,103 | €147,383 | €149,993 | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | - | €16,530 | €16,795 | €17,065 | €17,338 | ▲ 1.6% |
| Trade debts44 | €16,613 | €13,506 | €15,795 | €5,173 | €4,693 | ▼ 9.3% |
| Suppliers440/4 | - | €13,506 | €15,795 | €5,173 | €4,693 | ▼ 9.3% |
| Taxes, remuneration and social security45 | - | €1,289 | €18,414 | €30,352 | €31,959 | ▲ 5.3% |
| Taxes450/3 | - | €1,289 | €18,414 | €30,352 | €31,959 | ▲ 5.3% |
| Other amounts payable47/48 | - | €28,308 | €146,098 | €94,794 | €96,003 | ▲ 1.3% |
| Accrued charges and deferred income492/3 | - | €2,178 | €4,542 | €7,430 | €8,118 | ▲ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82,990 | €48,044 | €88,526 | €110,870 | €167,639 | ▲ 51.2% |
| + Depreciation and write-downs630 | €21,435 | €17,773 | €18,456 | €19,833 | €21,509 | ▲ 8.5% |
| Operating cash flow (approximation) | €104,425 | €65,817 | €106,982 | €130,703 | €189,148 | ▲ 44.7% |
| Investment in fixed assets (approximation) | - | -€21,629 | -€68,271 | -€15,944 | -€19,070 | ▼ 19.6% |
| Change in cash | - | -€48,193 | €75,260 | €43,430 | €175,133 | ▲ 303% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €167,639 ▲51.2%
Operating result €184,429, net result €167,639, both a record.
31-03
Financial
Equity above €500,000Eq €661,297 ▲34%
6 profitable years in a row build equity to €661,297.
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
31-03
Financial
Weakest financial yearnet €48,044 ▼42.1%
Net result drops to €48,044, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Roeselare · 1 establishment unit since 2012
Ground area
702 m²
Building footprint
149 m²
Volume, LiDAR
1 m³
Parcel 36505C1157/00A000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CONVEY
since 20122.212.128.055
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C1157/00A000 | Flanders | 702 m² | 1 · 149 m² | 0.2 m |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 31-03-2025 of CONVEY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 608 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-05-2012
Fiscal year end31-03
Activities, NACEBEL 2025
47789Other retail sale of new goods
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0845992725
Also
9925:BE0845992725
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.