CONVODENT
ActiveSummary
CONVODENT has been active since 1968 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €189,800 and a net result of €4,018. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-38
Solvency100=
Growth85▲+7
Track record84
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 5.96 in 2024; short-term debt: 24.5% and cash: 13% of total assets), and 24.5% of the assets are financed with debt.
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
75.5%
Return on assets
1.6%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €189,800
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
68 d early
2024
225 d late
2023
333 d late
2022
698 d late
2021
1063 d late
2020
1415 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 527 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 December (4 of the last 5 filed years within 401 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€81,722▲ 22.9%
2024 · €66,472
EBIT margin
47.4%▲ 44.2pp
2024 · 3.2%
Net result
€4,018▲ 1,048%
2024 · €350
Working capital
€64,501▲ 8.7%
2024 · €59,330
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
Turnover€66,472€81,722▲ 22.9%
Operating result-€12,158▲ 12.8%-€8,678▲ 28.6%-€9,267▼ 6.8%€2,154€38,761▲ 1,699%
Net result-€15,982▲ 11.2%-€12,457▲ 22.1%-€13,248▼ 6.3%€350€4,018▲ 1,048%
EBIT margin3.2%47.4%▲ 44.2pp
Equity€105,292▼ 13.2%€92,835▼ 11.8%€79,587▼ 14.3%€185,781▲ 133%€189,800▲ 2.2%
Total assets€224,632▼ 11.0%€194,699▼ 13.3%€167,338▼ 14.1%€197,755▲ 18.2%€251,352▲ 27.1%
Debt€119,340▼ 8.9%€101,864▼ 14.6%€87,751▼ 13.9%€11,973▼ 86.4%€61,553▲ 414%
Working capital-€88,702▲ 8.9%-€76,831▲ 13.4%-€65,811▲ 14.3%€59,330€64,501▲ 8.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,699% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,352
Fixed assets
€125,299 ▼ 0.9%
Current assets
€126,053 ▲ 76.8%
Equity and liabilities €251,352
Equity
€189,800 ▲ 2.2%
Debt
€61,553 ▲ 414%
Debt's share of the balance-sheet total rises from 6.1% to 24.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.05▼
2024 · 5.96
Debt to equity
0.32▲
2024 · 0.06
ROE
2.1%▲
2024 · 0.2%
ROA
1.6%▲
2024 · 0.2%
Debt ≤ 1 year
€61,553▲
2024 · €11,973
Income taxes
€30,635
Staff costs
€926▲
2024 · -€3,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,340 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 17,040 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 | - | - | - | €66,472 | €81,722 | ▲ 22.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €39,005 | €37,277 | ▼ 4.4% |
| Remuneration, social security and pensions62 | €13,347 | €12,951 | €4,315 | -€3,507 | €926 | ▲ 126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,345 | €24,345 | €24,345 | €24,732 | - | - |
| Other operating charges640/8 | €1,887 | €1,771 | €1,557 | €4,087 | €4,758 | ▲ 16.4% |
| Gross operating margin9900 | €27,421 | €30,389 | €20,950 | €27,466 | €44,445 | ▲ 61.8% |
| Operating profit (loss)9901 | -€12,158 | -€8,678 | -€9,267 | €2,154 | €38,761 | ▲ 1,699% |
| Financial income75/76B | - | - | - | €160 | €4 | ▼ 97.5% |
| Recurring financial income75 | - | - | - | €160 | €4 | ▼ 97.5% |
| Financial charges65/66B | €3,824 | €3,779 | €3,981 | €1,964 | €4,111 | ▲ 109% |
| Recurring financial charges65 | €3,824 | €3,779 | €3,981 | €1,964 | €723 | ▼ 63.2% |
| Non-recurring financial charges66B | - | - | - | - | €3,389 | - |
| Profit (loss) for the period before taxes9903 | -€15,982 | -€12,457 | -€13,248 | €350 | €34,654 | ▲ 9,797% |
| Income taxes67/77 | - | - | - | - | €30,635 | - |
| Profit (loss) for the period9904 | -€15,982 | -€12,457 | -€13,248 | €350 | €4,018 | ▲ 1,048% |
| Profit (loss) for the period to be appropriated9905 | -€15,982 | -€12,457 | -€13,248 | €350 | €4,018 | ▲ 1,048% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,632 | €194,699 | €167,338 | €197,755 | €251,352 | ▲ 27.1% |
| Fixed assets21/28 | €198,336 | €173,991 | €149,646 | €126,451 | €125,299 | ▼ 0.9% |
| Tangible fixed assets22/27 | €198,188 | €173,843 | €149,498 | €126,303 | €125,150 | ▼ 0.9% |
| Land and buildings22 | €198,188 | €173,843 | €149,498 | €125,150 | €125,150 | = |
| Plant, machinery and equipment23 | - | - | - | €1,153 | - | - |
| Financial fixed assets28 | €148 | €148 | €148 | €149 | €149 | = |
| Current assets29/58 | €26,296 | €20,708 | €17,692 | €71,304 | €126,053 | ▲ 76.8% |
| Amounts receivable within one year40/41 | - | - | - | €58,383 | €93,346 | ▲ 59.9% |
| Trade receivables40 | - | - | - | €5,223 | €7,657 | ▲ 46.6% |
| Other amounts receivable41 | - | - | - | €53,160 | €85,689 | ▲ 61.2% |
| Cash at bank and in hand54/58 | €25,547 | €20,221 | €17,323 | €12,920 | €32,707 | ▲ 153% |
| Deferred charges and accrued income490/1 | €749 | €487 | €369 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,632 | €194,699 | €167,338 | €197,755 | €251,352 | ▲ 27.1% |
| Equity10/15 | €105,292 | €92,835 | €79,587 | €185,781 | €189,800 | ▲ 2.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | €331,856 | €331,856 | €331,856 | €331,856 | €331,856 | = |
| Reserves13 | €37,965 | €37,965 | €37,965 | €66,145 | €37,965 | ▼ 42.6% |
| Non-distributable reserves130/1 | €37,965 | €37,965 | €37,965 | €37,965 | €37,965 | = |
| Legal reserve130 | €1,446 | €1,446 | €1,446 | €1,446 | €1,446 | = |
| Reserves not available under the articles1311 | €17,174 | €17,174 | €17,174 | €17,174 | €36,520 | ▲ 113% |
| Other1319 | €19,345 | €19,345 | €19,345 | €19,345 | - | - |
| Tax-exempt reserves132 | - | - | - | €28,180 | - | - |
| Profit (loss) carried forward14 | -€326,529 | -€338,986 | -€352,234 | -€274,220 | -€242,022 | ▲ 11.7% |
| Amounts payable17/49 | €119,340 | €101,864 | €87,751 | €11,973 | €61,553 | ▲ 414% |
| Amounts payable within one year42/48 | €114,998 | €97,539 | €83,503 | €11,973 | €61,553 | ▲ 414% |
| Trade debts44 | €12,741 | €6,842 | €7,937 | €421 | €1,466 | ▲ 248% |
| Suppliers440/4 | €12,741 | €6,842 | €7,937 | €421 | €1,466 | ▲ 248% |
| Taxes, remuneration and social security45 | €6,734 | €12,843 | €14,143 | €11,153 | €24,686 | ▲ 121% |
| Taxes450/3 | €6,734 | €12,843 | €14,143 | €11,153 | €24,686 | ▲ 121% |
| Other amounts payable47/48 | €95,523 | €77,854 | €61,423 | €400 | €35,400 | ▲ 8,750% |
| Accrued charges and deferred income492/3 | €4,342 | €4,325 | €4,248 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,982 | -€12,457 | -€13,248 | €350 | €4,018 | ▲ 1,048% |
| + Depreciation and write-downs630 | €24,345 | €24,345 | €24,345 | €24,732 | - | - |
| Operating cash flow (approximation) | €8,363 | €11,888 | €11,097 | €25,082 | €4,018 | ▼ 84.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,537 | €1,153 | ▲ 175% |
| Change in cash | - | -€5,326 | -€2,898 | -€4,403 | €19,787 | ▲ 549% |
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
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
13-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 225 days late
30-06
Financial
Highest result since 2019net €4,018 ▲1,048%
Operating result €38,761, net result €4,018, both a record.
17-01
KBO administration
Strikeout withdrawn
2024
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 333 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 698 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1063 days late
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1415 days late
30-06
Financial
Back to profitnet €350
Net result €350 after 5 loss-making years.
30-06
Financial
Liquidity times 28current ratio 5.96
Current ratio from 0.21 to 5.96; short-term debt falls from €83,503 to €11,973.
30-06
Financial
Equity above €150,000Eq €185,781 ▲133%
Equity rises from €79,587 to €185,781.
01-03
KBO administration
Late accounts filing
event 19-02-2024
Show earlier events
2020
21-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 112 days late
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Gent · 2 establishment units since 1985
Ground area
1,075 m²
Building footprint
842 m²
Volume, LiDAR
11,047 m³
2 parcels, Flanders · tallest building 29.7 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Hubert Frère-Orbanlaan 300, 9000 Gent
since 19852.028.102.922
Convodent
since 20202.305.651.693
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2878/00G000 | Flanders | 673 m² | 1 · 596 m² | 29.7 m · 8 fl. |
| 44043A0146/00D005 | Flanders | 402 m² | 1 · 246 m² | 10.4 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPublic limited company
Founded16-11-1968
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406429802
Also
9925:BE0406429802
Registered
05-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.