JUDICIAL DISSOLUTION OR NULLITY

CONVERSION WORKS

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Financial year 2018 · closed on 31/12/2018

Net result

56,3 k €

+142.8% YoY

Gross margin

187,8 k €

+2408.2% YoY

Equity

123,7 k €

+83.7% YoY

Company — Judicial dissolution or nullity.

What does CONVERSION WORKS do?

CONVERSION WORKS is a Private company with limited liability incorporated in 2008. Its registered office is in Halle.

Legal situation

● Judicial dissolution or nullity

BCE/KBO no. / VAT

BE 0896.586.440

Incorporation

20/03/2008

Legal form

Private company with limited liability

Registered office

Edingensesteenweg 1001
1502 Halle · FlandreSee on map

Latest accounts

31/12/2020

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	187,8 k €	+2408%	-8,1 k €	-105%	171 k €	-37.0%	271,5 k €	+34.6%	201,7 k €	+136%	85,5 k €	-22.4%	110,1 k €	-38.1%	177,8 k €	+1.9%	174,4 k €	+28.1%	136,2 k €	+279%	36 k €
EBITDA	187,1 k €	+1871%	-10,6 k €	-106%	165,5 k €	-34.7%	253,3 k €	+40.4%	180,4 k €	+126%	79,7 k €	-13.7%	92,4 k €	+13.0%	81,8 k €	+23.5%	66,2 k €	+56.1%	42,4 k €	+46.1%	29 k €
Operating result	85,8 k €	+187%	-98,5 k €	-240%	70,4 k €	-57.2%	164,6 k €	+12.4%	146,5 k €	+194%	49,9 k €	-10.3%	55,6 k €	+57.9%	35,2 k €	+113%	16,5 k €	+710%	2 k €	-49.2%	4 k €
Net result	56,3 k €	+143%	-131,8 k €	-500%	33 k €	-60.6%	83,7 k €	+1.9%	82,1 k €	+229%	24,9 k €	+155%	-45,4 k €	-3001%	1,6 k €	+119%	-8,4 k €	+16.1%	-10 k €	-1420%	761 €
Balance sheet
Equity	123,7 k €	+83.7%	67,3 k €	-66.2%	199,1 k €	+19.8%	166,1 k €	+101%	82,5 k €	+776%	9,4 k €	+161%	-15,5 k €	-152%	29,9 k €	+5.5%	28,4 k €	+204%	9,3 k €	-29.2%	13,2 k €
Total assets	1,4 M €	+12.5%	1,2 M €	-4.0%	1,3 M €	+33.8%	944,7 k €	+7.0%	882,5 k €	+152%	350,2 k €	-7.7%	379,5 k €	-39.2%	624,3 k €	+13.2%	551,8 k €	+19.5%	461,9 k €	+50.1%	307,7 k €
Cash	164,4 k €	+243%	47,9 k €	-45.6%	88,1 k €	-60.6%	223,5 k €	+44.5%	154,7 k €	+364%	33,3 k €	+271726%	12,3 €	-99.9%	12,6 k €		–		–		10,1 k €
Debts	1,2 M €	+8.3%	1,1 M €	+11.5%	1 M €	+31.6%	778,5 k €	-2.7%	800 k €	+135%	340,8 k €	-13.7%	395 k €	-32.7%	586,9 k €	+12.1%	523,4 k €	+20.4%	434,5 k €	+53.6%	282,8 k €
Other
Workforce	–		–		–		–		0,1 ETP		–		0,2 ETP	-90.0%	2,0 ETP	-44.4%	3,6 ETP	+38.5%	2,6 ETP	+30.0%	2,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 2 ended

Active mandates

Tobias Vandenbosch

Director · since 17 mars 2008

Active

Ended mandates

Tobias Vandenbosch

Administrator - manager

Ended

Tobias Vandenbosch

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ROAD INVEST● Active	0553.691.242
SAASLY CONNECT● Active	0749.457.830

Annual accounts

Full financial information

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016	01/01/2015
Closing of the financial year	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016	31/12/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/02/2022	24/08/2020	28/06/2019	26/09/2018	16/11/2017	30/08/2016
General meeting	30/09/2021	21/08/2020	28/06/2019	29/06/2018	30/06/2017	24/06/2016
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2020	30/09/2021	14/02/2022	Dutch	PDF
Abridged model	31/12/2019	21/08/2020	24/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	26/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	16/11/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/09/2013	03/10/2013	Dutch	PDF
Abridged model	31/12/2011	27/07/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	22/11/2011	Dutch	PDF
Abridged model	31/12/2009	27/12/2010	30/12/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	29/07/2009	Dutch	PDF

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 31/12/2020 · 1 active · 2 ended

Active mandates

Tobias Vandenbosch

Director · since 17 mars 2008

Active

Ended mandates

Tobias Vandenbosch

Administrator - manager

Ended

Tobias Vandenbosch

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/11/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/10/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/12/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other02/04/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2018
Annual accounts 201856,3 k €↑
2017
Annual accounts 2017-131,8 k €↓
2016
Annual accounts 201633 k €↓
2015
Annual accounts 201583,7 k €↑
2014
Annual accounts 201482,1 k €↑
2013
Annual accounts 201324,9 k €↑
2012
Annual accounts 2012-45,4 k €↓
2011
Annual accounts 20111,6 k €↑
2010
Annual accounts 2010-8,4 k €↑
2009
Annual accounts 2009-10 k €↓
2008
Annual accounts 2008761 €
20/03/2008
IncorporationPrivate company with limited liability

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

CONVERSION WORKS

Overview

What does CONVERSION WORKS do?

Trend over 11 financial years

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