NORMAL SITUATION

KONVERT CONSTRUCT

Financial year 2025 · closed on 31/12/2025
Net result
35,3 k €
+211.7% YoY
Gross margin
-25,3 k €
-100.4% YoY
Equity
3,5 M €
+1.0% YoY
Workforce
0,2 ETP
-99.8% YoY

Company — Normal situation.

Strike-off: 25 juillet 2026

What does KONVERT CONSTRUCT do?

KONVERT CONSTRUCT is a Public limited company incorporated in 2002. It employs on average 0,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.232.971
Incorporation
29/03/2002
Legal form
Public limited company
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
0,2 ETP
Joint committees (4)
  • 124
  • 200
  • 218
  • 322
Signals
ProfitableSolid equityGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212010200920082007
Income statement
Gross margin-25,3 k €6,8 M €6,8 M €7,1 M €7,8 M €6,9 M €
EBITDA-145,2 k €-129,0 k €-193,4 k €119,1 k €-261,6 k €486,4 k €659,5 k €858,1 k €745,9 k €
Operating result-40,3 k €-135,4 k €-265,2 k €34,4 k €-308,6 k €449,0 k €601,9 k €839,5 k €699,7 k €
Net result35,3 k €-31,6 k €-177,7 k €77,3 k €-293,7 k €375,9 k €467,8 k €671,5 k €614,6 k €
Balance sheet
Equity3,5 M €3,5 M €3,5 M €3,7 M €3,6 M €2,0 M €1,8 M €1,5 M €1,0 M €
Total assets3,5 M €4,1 M €4,5 M €4,3 M €4,4 M €3,0 M €2,7 M €2,6 M €2,4 M €
Cash5,9 k €2,9 M €985,0 k €3,5 M €3,5 M €2,5 M €629,1 k €180,7 k €342,1 k €
Debts29,7 k €560,1 k €973,0 k €628,2 k €777,1 k €995,1 k €959,8 k €1,1 M €1,4 M €
Other
Workforce0,2 ETP107,3 ETP132,3 ETP169,7 ETP184,4 ETP182,2 ETP182,6 ETP201,7 ETP121,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Freddy Verschetse

Chairman of the board of directors · since 06 juillet 2020 · until 06 juillet 2026

Active
Freddy Verschetse

Managing director · since 06 juillet 2020 · until 06 juillet 2026

Active
KONVERT

Managing director · since 12 novembre 2019 · until 06 juillet 2026 · 0405.423.970

Represented by Wim Verhelst

Active

Ended mandates

Freddy Verschetse

Director · since 06 juillet 2020 · until 18 juin 2026

Ended
Freddy Verschetse

Managing director · since 06 juillet 2020 · until 18 juin 2026

Ended
KONVERT

Director · since 18 juin 2019 · until 18 juin 2026 · 0405.423.970

Represented by Wim VERHELST

Ended
KONVERT

Managing director · since 18 juin 2019 · until 17 juin 2025 · 0405.423.970

Represented by Verhelst Wim

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/07/202629/08/202528/08/202431/08/202331/08/202231/08/2021
General meeting11/06/202626/06/202527/06/202429/06/202320/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202612/07/2026DutchPDF
Abridged model31/12/202426/06/202529/08/2025DutchPDF
Full model31/12/202327/06/202428/08/2024DutchPDF
Full model31/12/202229/06/202331/08/2023DutchPDF
Full model31/12/202120/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201916/06/202006/10/2020DutchPDF
Abridged model31/12/201818/06/201929/08/2019DutchPDF
Abridged model31/12/201719/06/201830/08/2018DutchPDF
Abridged model31/12/201620/06/201730/08/2017DutchPDF
Abridged model31/12/201521/06/201630/08/2016DutchPDF
Abridged model31/12/201416/06/201527/08/2015DutchPDF
Abridged model31/12/201317/06/201428/08/2014DutchPDF
Abridged model31/12/201218/06/201302/07/2013DutchPDF
Abridged model31/12/201119/06/201231/08/2012DutchPDF
Abridged model31/12/201021/06/201126/08/2011DutchPDF
Abridged model31/12/200918/10/201008/11/2010DutchPDF
Abridged model31/12/200825/09/200930/09/2009DutchPDF
Abridged model31/12/200717/06/200822/08/2008DutchPDF
Abridged model31/12/200619/06/200731/08/2007DutchPDF
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 31/12/2025 · 3 active · 19 ended

Active mandates

Freddy Verschetse

Chairman of the board of directors · since 06 juillet 2020 · until 06 juillet 2026

Active
Freddy Verschetse

Managing director · since 06 juillet 2020 · until 06 juillet 2026

Active
KONVERT

Managing director · since 12 novembre 2019 · until 06 juillet 2026 · 0405.423.970

Represented by Wim Verhelst

Active

Ended mandates

Freddy Verschetse

Director · since 06 juillet 2020 · until 18 juin 2026

Ended
Freddy Verschetse

Managing director · since 06 juillet 2020 · until 18 juin 2026

Ended
KONVERT

Director · since 18 juin 2019 · until 18 juin 2026 · 0405.423.970

Represented by Wim VERHELST

Ended
KONVERT

Managing director · since 18 juin 2019 · until 17 juin 2025 · 0405.423.970

Represented by Verhelst Wim

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - DOEL - ALGEMENE VERGADERING
    PDF
  • Mandates05/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/10/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2004
    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. 2025
    Annual accounts 202535,3 k €
  2. 2024
    Annual accounts 2024-31,6 k €
  3. 2024
    Name changeKONVERT CONSTRUCT
  4. 2023
    Annual accounts 2023-177,7 k €
  5. 2022
    Annual accounts 202277,3 k €
  6. 2021
    Annual accounts 2021-293,7 k €
  7. 2021
    Name changeKonvert Konstrukt
  8. 2010
    Annual accounts 2010375,9 k €
  9. 2009
    Annual accounts 2009467,8 k €
  10. 2008
    Annual accounts 2008671,5 k €
  11. 2007
    Annual accounts 2007614,6 k €
  12. 29/03/2002
    IncorporationPublic limited company