OPENING OF BANKRUPTCY

CONVERT

Financial year 2022 · closed on 31/01/2022
Net result
46,1 k €
+659.2% YoY
Gross margin
871,8 €
+111.4% YoY
Equity
121,9 k €
+60.9% YoY

Company — Opening of bankruptcy.

Strike-off: 03 juillet 2026

What does CONVERT do?

CONVERT is a Public limited company incorporated in 2001.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0474.203.306
Incorporation
02/03/2001
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/01/2022
Signals
ProfitableSolid equityGood liquidityPositive cashflow
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin871,8 €-7,7 k €-29 k €-1,3 k €119,2 k €14,9 k €14,3 k €4,4 k €11 k €16,7 k €14,2 k €15,5 k €15,3 k €25,4 k €16,1 k €13,1 k €
EBITDA-2,3 k €-7,9 k €-32,4 k €-1,8 k €117,1 k €13 k €12,3 k €1,7 k €7,5 k €14,5 k €11,5 k €14,6 k €15,3 k €18 k €14,7 k €13 k €
Operating result-2,3 k €-8,2 k €-32,7 k €-2 k €116,8 k €-5,3 k €-7 k €-17,2 k €-10,6 k €-3,3 k €-13,1 k €-10 k €-9,3 k €-7,8 k €7,2 k €5,6 k €
Net result46,1 k €-8,3 k €-32,9 k €-2,1 k €92,2 k €-10,3 k €-3,5 k €-18,8 k €-16,8 k €15,8 k €-18,1 k €-19,6 k €-10 k €-12,5 k €1,3 k €-1,9 k €
Balance sheet
Equity121,9 k €75,8 k €84 k €117 k €119,1 k €26,9 k €37,3 k €40,8 k €59,5 k €76,3 k €64,8 k €82,8 k €102,4 k €112,4 k €39,1 k €37,8 k €
Total assets172,7 k €172,5 k €163,4 k €219,6 k €213,5 k €290,7 k €310,4 k €321,5 k €335,9 k €352,3 k €348,3 k €383,1 k €415 k €431,3 k €201,5 k €202,5 k €
Cash1,3 k €237 €246,3 €1,6 k €8,8 €900,1 €1,4 k €774,3 €61,7 €240,6 €1,3 k €4,5 k €865,5 €1,1 k €205,3 €
Debts50,7 k €48,2 k €30,8 k €54,2 k €45,9 k €239,5 k €250,7 k €252 k €245,5 k €242,9 k €248,2 k €262,7 k €272,9 k €276,9 k €162,4 k €164,7 k €
Governance

Board of directors

Seen on filing of 31/01/2022 · 2 active · 11 ended

Active mandates

Albert P. Verwey

Managing director · since 31 janvier 2019

Active
Alquid Novandum

Director · since 14 mai 2013

Active

Ended mandates

Alquid Novandum

Director · since 14 mai 2013 · until 14 mai 2019

Represented by Albert P. Verwey

Ended
L.F.J. Fransen

Managing director · since 14 mai 2013 · until 14 mai 2019

Ended
Sandena Projects

Director · since 05 novembre 2010 · until 04 novembre 2016 · 0462.302.988

Represented by A.P. Verwey

Ended
Albert Verwey

Managing director

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/02/202101/02/202001/02/201901/02/201801/02/201701/02/2016
Closing of the financial year31/01/202231/01/202131/01/202031/01/201931/01/201831/01/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/02/202323/02/202321/04/202221/04/202203/05/201924/07/2017
General meeting31/01/202331/01/202331/03/202201/07/201921/12/201801/07/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/01/202231/01/202323/02/2023DutchPDF
Micro model31/01/202131/01/202323/02/2023DutchPDF
Micro model31/01/202031/03/202221/04/2022DutchPDF
Micro model31/01/201901/07/201921/04/2022DutchPDF
Micro model31/01/201821/12/201803/05/2019DutchPDF
Abridged model31/01/201701/07/201724/07/2017DutchPDF
Abridged model31/01/201601/07/201611/08/2016DutchPDF
Abridged model31/01/201501/07/201525/09/2015DutchPDF
Abridged model31/01/201401/07/201426/09/2014DutchPDF
Abridged model31/01/201301/07/201331/10/2013DutchPDF
Abridged model31/01/201201/07/201203/01/2013DutchPDF
Abridged model31/01/201101/07/201130/09/2011DutchPDF
Abridged model31/01/201001/07/201030/09/2010DutchPDF
Abridged model31/01/200901/07/200930/09/2009DutchPDF
Abridged model31/01/200801/07/200812/09/2008DutchPDF
Abridged model31/01/200701/07/200731/10/2007DutchPDF
Estimate

Indicative valuation

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 31/01/2022 · 2 active · 11 ended

Active mandates

Albert P. Verwey

Managing director · since 31 janvier 2019

Active
Alquid Novandum

Director · since 14 mai 2013

Active

Ended mandates

Alquid Novandum

Director · since 14 mai 2013 · until 14 mai 2019

Represented by Albert P. Verwey

Ended
L.F.J. Fransen

Managing director · since 14 mai 2013 · until 14 mai 2019

Ended
Sandena Projects

Director · since 05 novembre 2010 · until 04 novembre 2016 · 0462.302.988

Represented by A.P. Verwey

Ended
Albert Verwey

Managing director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/04/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/03/2009
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office26/01/2004
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/12/2002
    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

Timeline

  1. 2022
    Annual accounts 202246,1 k €
  2. 2021
    Annual accounts 2021-8,3 k €
  3. 2020
    Annual accounts 2020-32,9 k €
  4. 2019
    Annual accounts 2019-2,1 k €
  5. 2018
    Annual accounts 201892,2 k €
  6. 2017
    Annual accounts 2017-10,3 k €
  7. 2016
    Annual accounts 2016-3,5 k €
  8. 2015
    Annual accounts 2015-18,8 k €
  9. 2014
    Annual accounts 2014-16,8 k €
  10. 2013
    Annual accounts 201315,8 k €
  11. 2012
    Annual accounts 2012-18,1 k €
  12. 2011
    Annual accounts 2011-19,6 k €
  13. 2010
    Annual accounts 2010-10 k €
  14. 2009
    Annual accounts 2009-12,5 k €
  15. 2008
    Annual accounts 20081,3 k €
  16. 2007
    Annual accounts 2007-1,9 k €
  17. 02/03/2001
    IncorporationPublic limited company