Financials
Financial year 2025
Konvert Service from Kortrijk, company number BE0421662859, closed financial year 2025 with a result of € 821,127 after tax. For that financial year Konvert Service recorded a gross margin of € 5.6 million and equity of € 62.3 million. Compared with financial year 2024, the result moved from € 1.9 million to € 821,127. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 62.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 821,127
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 62.2 million.
People and assets in 2025
60.7
▲ 13.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 17% vs 2024
€ 35,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 469,492
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.8 million
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 603,623
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,758,819 | € 5,954,331 | € 6,412,500 | € 5,590,095 | ▼ 13% |
| Profit after taxes | € 2,626,727 | € 1,754,965 | € 1,923,982 | € 821,127 | ▼ 57% |
| Equity | € 57,816,897 | € 59,571,862 | € 61,495,844 | € 62,316,971 | ▲ 1% |
| Total debts | € 676,835 | € 4,211,325 | € 2,238,889 | € 3,417,236 | ▲ 53% |
| Cash | € 7,025,022 | € 3,308,762 | € 1,811,830 | € 2,741,151 | ▲ 51% |
| Land & buildings | € 48,839,575 | € 49,538,120 | € 48,186,759 | € 47,376,536 | ▼ 2% |
| Retained profit | € 57,716,897 | € 59,471,862 | € 61,395,844 | € 62,216,971 | ▲ 1% |
| Dividend | € 1,500,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 59,650,496 | € 64,952,667 | € 64,925,723 | € 66,925,142 | ▲ 3% |
| Employees (FTE) | 15.7 | 29.8 | 47.5 | 60.7 | ▲ 13.2 |
Key figures of Konvert Service, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Konvert Service?
What happened at Konvert Service in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Teles BV stepped down as director. NBB
- Freddy Verschetse stepped down as director. NBB
- Anne-Marie Vervaeke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 821,127 (▼ 57% vs 2024). filed late Source: NBB ↗
- Teles BV became a director. NBB
- Frederik Van Bever stepped down as director. NBB
- New establishment in Kortrijk. KBO
- New establishment in Kortrijk. KBO
In short
From € 2.6 million profit in 2022 to € 821,127 profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.6 million profit.
On average € 92,100 of value added per employee in 2025.
Management
It owns 35.5% of Konvert NV, 32% of Konvert Konstrukt NV, 32% of Konvert Interim Vlaanderen NV and 32% of Konvert Interim Wallonië SA itself.
Directors
According to the 2025 annual accounts
Director · represented by Frederik Van Bever
since 2026 · until 2032
since 2022 · until 2028
Freddy Verschetse
Managing director
Also active at: KONVERT, KONVERT INTERIM BRUSSELS, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, ARGUS VERZEKERINGEN, KONVERT OFFICE, AXS, KONVERT CONSTRUCT, KONVERT INTERIM WALLONIE +1 more
since 2022 · until 2028
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Bohemenberg(Kor) 23A
8500 Kortrijk
Bohemenberg(Kor) 23 box A
8500 Kortrijk
Active since 1 September 1981
President Kennedylaan(Kor) 7
8500 Kortrijk
Active since 1 September 2019
O.-L.-Vrouwestraat(Kor) 41
8500 Kortrijk
Active since 25 September 2022
Doorniksestraat(Kor) 2 box 2
8500 Kortrijk
Active since 12 November 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.662.859
- VAT number
- BE 0421.662.859
- Registered office
- Bohemenberg(Kor) 23A, 8500 Kortrijk
- Names & denominations
- Konvert Service
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1981
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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