Convolve
Annual accounts 2025
full format, filed on 27-07-2026, 4 days before the deadlineMoney flows
of every €100 of turnover, €1.13 remains as profit in 2025Balance sheet
balance sheet total €338,062 on 31-12-2025in euro
in euro
Position in the sector
45.1%
Higher than 56% of 1,691 companies in 2025.
2.00
Higher than 60% of 1,658 companies in 2025.
2.1%
Higher than 44% of 1,673 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff
€63,734
Staff costs divided by the average number of full-time equivalents.
-2 people
In 2025, nobody joined and 2 people left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
338,062 | 507,453 | |
21/28 |
2,379 | 9,798 | |
22/27 |
2,379 | 9,798 | |
23 |
1,897 | 8,958 | |
24 |
482 | 840 | |
29/58 |
335,683 | 497,655 | |
40/41 |
330,132 | 466,545 | |
40 |
50,463 | 88,679 | |
41 |
279,669 | 377,866 | |
54/58 |
4,649 | 28,127 | |
490/1 |
903 | 2,983 | |
| Balance sheet: equity and liabilities | |||
10/49 |
338,062 | 507,453 | |
10/15 |
152,386 | 295,327 | |
10/11 |
62,000 | 62,000 | |
10 |
62,000 | 62,000 | |
100 |
62,000 | 62,000 | |
13 |
90,300 | 233,200 | |
130/1 |
6,200 | 6,200 | |
130 |
6,200 | 6,200 | |
133 |
84,100 | 227,000 | |
14 |
86 | 127 | |
17/49 |
185,676 | 212,126 | |
42/48 |
167,826 | 177,126 | |
44 |
124,172 | 97,276 | |
440/4 |
124,172 | 97,276 | |
45 |
43,653 | 79,850 | |
450/3 |
39,053 | 62,984 | |
454/9 |
4,600 | 16,866 | |
492/3 |
17,850 | 35,000 | |
| Income statement | |||
70 |
624,414 | 1.8m | |
9900 |
128,310 | 624,375 | |
60/61 |
498,289 | 1.2m | |
62 |
108,347 | 291,439 | |
630 |
3,986 | 7,293 | |
640/8 |
1,496 | 2,195 | |
66A |
2,005 | - | |
9901 |
12,475 | 323,449 | |
75/76B |
4,863 | 1,172 | |
75 |
4,863 | 1,172 | |
65/66B |
6,593 | 6,418 | |
65 |
6,593 | 6,418 | |
9903 |
10,745 | 318,204 | |
67/77 |
3,686 | 84,876 | |
9904 |
7,059 | 233,327 | |
9905 |
7,059 | 233,327 | |
| Appropriation of the result | |||
9906 |
7,186 | 233,327 | |
14P |
127 | - | |
791/2 |
150,000 | - | |
691/2 |
7,100 | 233,200 | |
6920 |
- | 6,200 | |
6921 |
7,100 | 227,000 | |
694/7 |
150,000 | - | |
694 |
150,000 | - | |
| Social balance sheet | |||
9087 |
1.7 | 3.6 | |
Hours worked1013 |
3,036 | 6,527 | |
| Document | |||
The notes to these accounts have 6 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 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 16,461 | 330,741 | ||
| 11,046 | 240,620 | ||
| -3,433 | 15,927 | ||
| -23,478 | - | ||
| 167,858 | 320,529 | ||
| 2.0% | 17.8% | ||
| 45.1% | 58.2% | ||
| 2.00 | 2.81 | ||
| 1.22 | 0.72 | ||
| 4.6% | 79.0% | ||
| 2.1% | 46.0% | ||
| 2.50 | 51.54 | ||
| 29 days | 18 days | ||
| 91 days | 29 days |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 3 |
| full-time | 1 | 3 |
| in full-time equivalents | 1 | 3 |
| 1.7 | 3.6 | |
| On a permanent contract | 1 | 3 |
| Joined | 0 | 2 |
| Left | 2 | 1 |
| Training hours | - | 20 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €15,927 |
| €3,986 | €7,293 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Convolve
The operating result for 2025 is 96% lower than in 2024.
Debt's share of the balance-sheet total rises from 41.8% to 54.9%. Equity and debt are lower.
- 2025 Turnover -66%, Net result -97% on 2024. The accounts now follow the full format, last year the abbreviated format.