ACTIVE

KONVERT HR

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Financial year 2025 · closed on 31/12/2025
Net result
223,4 k €
+105.8% YoY
Revenue
197,2 M €
+22.9% YoY
Equity
3,4 M €
+7.0% YoY
Workforce
3 009,5 ETP
+7.0% YoY

What does KONVERT HR do?

KONVERT HR is a Public limited company incorporated in 2008. Its main activity is: Temporary employment agency activities. Its registered office is in Kortrijk. It employs on average 3 009,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.458.243
Incorporation
04/06/2008
Legal form
Public limited company
Registered office
President Kennedylaan(Kor) 7
8500 Kortrijk · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
3 009,5 ETP
Activities (NACE)
78200Temporary employment agency activities· main78200Temporary employment agency activities
Joint committees (4)
  • 100
  • 200
  • 218
  • 322
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201120102009
Income statement
Revenue197,2 M €160,5 M €165,1 M €168,1 M €168,9 M €123,7 M €116,4 M €94,5 M €
EBITDA1,7 M €-3,2 M €1,6 M €2,2 M €1,3 M €4,5 M €5,4 M €1,9 M €
Operating result748,4 k €-3,7 M €1,2 M €1,9 M €1,1 M €3,6 M €4,8 M €1,5 M €
Net result223,4 k €-3,9 M €329,9 k €754,8 k €182,9 k €2 M €2,8 M €721,4 k €
Balance sheet
Equity3,4 M €3,2 M €7 M €6,7 M €5,9 M €4,2 M €3,6 M €782,9 k €
Total assets38,3 M €34,1 M €46,5 M €39,9 M €40,1 M €29,3 M €26,4 M €20 M €
Cash2,4 M €4,1 M €7,2 M €14,9 M €12 M €10,2 M €6,2 M €3,2 M €
Debts34,6 M €30,7 M €39,3 M €33 M €34,2 M €24,1 M €22,3 M €18,7 M €
Other
Workforce3 009,5 ETP2 813,4 ETP3 203,3 ETP3 569,5 ETP3 812,9 ETP3 884,5 ETP3 196,1 ETP3 211,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

Freddy Verschetse

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

Active
KONVERT

Managing director · since 17 avril 2014 · until 06 juillet 2026 · 0405.423.970

Represented by Wim Verhelst

Active

Ended mandates

Freddy Verschetse

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

Ended
KONVERT

Managing director · since 12 novembre 2019 · until 18 avril 2024 · 0405.423.970

Represented by Verhelst Wim

Ended
KONVERT

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

Represented by Verhelst Wim

Ended
Konvert Service

Chairman of the board of directors · since 12 novembre 2019 · until 17 avril 2025 · 0421.662.859

Represented by Freddy Verschetse

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date15/09/202629/08/202529/08/202431/08/202330/08/202223/07/2021
General meeting25/06/202626/06/202527/06/202429/06/202320/06/202230/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202525/06/202615/09/2026DutchPDF
Full model31/12/202525/06/202615/07/2026DutchPDF
Full model31/12/202426/06/202529/08/2025DutchPDF
Full model31/12/202327/06/202429/08/2024DutchPDF
Full model31/12/202229/06/202331/08/2023DutchPDF
Full model31/12/202120/06/202230/08/2022DutchPDF
Full model31/12/202030/06/202123/07/2021DutchPDF
Full model31/12/201925/06/202024/07/2020DutchPDF
Full model31/12/201814/06/201930/07/2019DutchPDF
Full model31/12/201728/06/201827/07/2018DutchPDF
Full model31/12/201616/06/201727/07/2017DutchPDF
Full model31/12/201507/06/201626/07/2016DutchPDF
Full model31/12/201424/06/201510/07/2015DutchPDF
Full model31/12/201326/06/201429/08/2014DutchPDF
Full model31/12/201221/06/201318/07/2013DutchPDF
Full model31/12/201127/06/201219/07/2012DutchPDF
Full model31/12/201021/06/201104/08/2011DutchPDF
Full model31/12/200928/06/201015/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 22 ended

Active mandates

Freddy Verschetse

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

Active
KONVERT

Managing director · since 17 avril 2014 · until 06 juillet 2026 · 0405.423.970

Represented by Wim Verhelst

Active

Ended mandates

Freddy Verschetse

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

Ended
KONVERT

Managing director · since 12 novembre 2019 · until 18 avril 2024 · 0405.423.970

Represented by Verhelst Wim

Ended
KONVERT

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

Represented by Verhelst Wim

Ended
Konvert Service

Chairman of the board of directors · since 12 novembre 2019 · until 17 avril 2025 · 0421.662.859

Represented by Freddy Verschetse

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • 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
  • Mandates19/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2019
    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 2025223,4 k €↑
  2. 2024
    Annual accounts 2024-3,9 M €↓
  3. 2024
    Name changeKONVERT HR
  4. 2023
    Annual accounts 2023329,9 k €↓
  5. 2022
    Annual accounts 2022754,8 k €↑
  6. 2021
    Annual accounts 2021182,9 k €↓
  7. 2021
    Name changeKonvert Interim Vlaanderen
  8. 2011
    Annual accounts 20112 M €↓
  9. 2010
    Annual accounts 20102,8 M €↑
  10. 2009
    Annual accounts 2009721,4 k €
  11. 04/06/2008
    IncorporationPublic limited company