ACTIVE

KONVERT

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Financial year 2025 · closed on 31/12/2025

Net result

194,6 k €

-53.8% YoY

Revenue

5,4 M €

-10.7% YoY

Equity

22,4 M €

+0.2% YoY

Workforce

35,3 ETP

-9.3% YoY

What does KONVERT do?

KONVERT is a Public limited company incorporated in 1968. Its registered office is in Kortrijk. It employs on average 35,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.423.970

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Bohemenberg(Kor) 23 A
8500 Kortrijk · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

35,3 ETP

Joint committees (5)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2010		2009		2008		2007		2006
Income statement
Revenue	5,4 M €	-10.7%	6 M €	+1.9%	5,9 M €	-25.5%	7,9 M €	-8.4%	8,6 M €	+184%	3 M €	+41.0%	2,2 M €	-98.1%	113 M €	+8.5%	104,2 M €	+19.5%	87,2 M €
EBITDA	699 k €	-27.8%	968,8 k €	+10.9%	873,9 k €	-49.8%	1,7 M €	-26.9%	2,4 M €	+222%	739,3 k €	-47.9%	1,4 M €	-57.6%	3,3 M €	-27.7%	4,6 M €	+71.5%	2,7 M €
Operating result	162,2 k €	-55.1%	361,5 k €	+49.6%	241,6 k €	-78.5%	1,1 M €	-36.0%	1,8 M €	+155%	686,8 k €	-73.6%	2,6 M €	+45.8%	1,8 M €	-58.5%	4,3 M €	+95.1%	2,2 M €
Net result	194,6 k €	-53.8%	421,1 k €	-32.3%	622,3 k €	-11.5%	703,3 k €	-33.9%	1,1 M €	+89.5%	562 k €	-73.9%	2,2 M €	+179%	772,3 k €	-71.1%	2,7 M €	+89.9%	1,4 M €
Balance sheet
Equity	22,4 M €	+0.2%	22,3 M €	+1.0%	22,1 M €	+1.8%	21,7 M €	+1.6%	21,4 M €	+189%	7,4 M €	+8.2%	6,8 M €	+16.5%	5,9 M €	+6.2%	5,5 M €	+30.3%	4,2 M €
Total assets	27 M €	-0.0%	27 M €	-4.7%	28,4 M €	+5.3%	27 M €	-15.9%	32,1 M €	+241%	9,4 M €	-5.7%	10 M €	-62.7%	26,7 M €	+0.5%	26,6 M €	+7.8%	24,7 M €
Cash	267,8 k €	-96.8%	8,5 M €	+299%	2,1 M €	-71.6%	7,5 M €	-27.0%	10,2 M €	+177%	3,7 M €	+1058%	317,9 k €	-54.4%	697,1 k €	-7.1%	750,1 k €	-43.3%	1,3 M €
Debts	4,7 M €	-1.5%	4,7 M €	-24.7%	6,3 M €	+19.9%	5,3 M €	-50.4%	10,6 M €	+428%	2 M €	-36.0%	3,1 M €	-84.4%	20,2 M €	-2.7%	20,7 M €	+4.1%	19,9 M €
Other
Workforce	35,3 ETP	-9.3%	38,9 ETP	+50.2%	25,9 ETP	-32.7%	38,5 ETP	-25.8%	51,9 ETP	-8.3%	56,6 ETP	+17.9%	48,0 ETP	-98.8%	3 926,6 ETP	+7.0%	3 668,8 ETP	+20.0%	3 057,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 41 ended

Active mandates

Anne-Marie Vervaeke

Managing director · since 19 juin 2025 · until 19 juin 2031

Active

Freddy Verschetse

Managing director · since 19 juin 2025 · until 19 juin 2031

Active

Silvie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Siska Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Sofie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Stefanie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Wim Verhelst

Director · since 19 juin 2025 · until 19 juin 2031

Active

Ended mandates

Anne-Marie Vervaeke

Director · since 19 décembre 2019 · until 19 juin 2031

Ended

Anne-Marie Vervaeke

Managing director · since 19 décembre 2019 · until 19 juin 2025

Ended

Freddy Verschetse

Managing director · since 19 décembre 2019 · until 19 juin 2025

Ended

Freddy Verschetse

Managing director · since 19 décembre 2019 · until 19 juin 2031

Ended

At this address

Other companies at this address

Company	CBE no.
AXS● Active	0463.752.644

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2026	29/08/2025	28/08/2024	31/08/2023	31/08/2022	30/07/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	29/06/2023	20/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	28/08/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	20/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	21/10/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/04/2012	31/08/2012	Dutch	PDF
Full model	31/12/2010	27/06/2011	25/08/2011	Dutch	PDF
Full model	31/12/2009	15/12/2010	31/12/2010	Dutch	PDF
Full model	31/12/2008	11/09/2009	03/11/2009	Dutch	PDF
Full model	31/12/2007	05/05/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	16/05/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 41 ended

Active mandates

Anne-Marie Vervaeke

Managing director · since 19 juin 2025 · until 19 juin 2031

Active

Freddy Verschetse

Managing director · since 19 juin 2025 · until 19 juin 2031

Active

Silvie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Siska Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Sofie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Stefanie Verschetse

Director · since 19 juin 2025 · until 19 juin 2031

Active

Wim Verhelst

Director · since 19 juin 2025 · until 19 juin 2031

Active

Ended mandates

Anne-Marie Vervaeke

Director · since 19 décembre 2019 · until 19 juin 2031

Ended

Anne-Marie Vervaeke

Managing director · since 19 décembre 2019 · until 19 juin 2025

Ended

Freddy Verschetse

Managing director · since 19 décembre 2019 · until 19 juin 2025

Ended

Freddy Verschetse

Managing director · since 19 décembre 2019 · until 19 juin 2031

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2020
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Other10/09/2019
DOEL
PDF
Mandates14/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other09/03/2015
DOEL
PDF
Mandates02/02/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025194,6 k €↓
2024
Annual accounts 2024421,1 k €↓
2023
Annual accounts 2023622,3 k €↓
2022
Annual accounts 2022703,3 k €↓
2021
Annual accounts 20211,1 M €↑
2010
Annual accounts 2010562 k €↓
2009
Annual accounts 20092,2 M €↑
2008
Annual accounts 2008772,3 k €↓
2007
Annual accounts 20072,7 M €↑
2006
Annual accounts 20061,4 M €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KONVERT

Overview

What does KONVERT do?

Trend over 10 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline