Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.9 to 3.3.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
CONVERGENT GROUP from Couvin, company number BE0479433386, closed financial year 2025 with a result of € 88,255 after tax. For that financial year CONVERGENT GROUP recorded a gross margin of € 521,448 and equity of € 934,050. Compared with financial year 2024, the result moved from € 324,492 to € 88,255. 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 June 26, 2026.
€ 934,050
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,255
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 312,274
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
85 % of the profit went to the shareholders, mostly to B-CHEMICALS INTERNATIONAL HOLDING (96 % of the shares). That is where the money ends up.
People and assets in 2025
3.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 270,464
▲ 4% vs 2024
€ 82,000 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.
€ 46,218
▼ 33% vs 2024
Of which on lease € 30,072.
Debts at end 2025
€ 380,430
▼ 28% vs 2024
€ 141,686 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 60,264
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,694
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 413,335 | € 433,484 | € 792,705 | € 521,448 | ▼ 34% |
| Profit after taxes | € -111,967 | € -62,589 | € 324,492 | € 88,255 | ▼ 73% |
| Equity | € 737,992 | € 664,053 | € 929,670 | € 934,050 | |
| Total debts | € 1,113,601 | € 797,034 | € 703,631 | € 530,842 | ▼ 25% |
| Cash | € 35,878 | € 88,357 | € 354,328 | € 312,274 | ▼ 12% |
| Land & buildings | € 843,198 | € 764,267 | € 685,642 | € 610,228 | ▼ 11% |
| Retained profit | € 533,248 | € 470,659 | € 745,151 | € 758,406 | ▲ 2% |
| Dividend | € 0 | € 0 | € 50,000 | € 75,000 | ▲ 50% |
| Bank debt | € 802,664 | € 619,978 | € 525,420 | € 380,430 | ▼ 28% |
| Balance sheet total | € 1,851,593 | € 1,461,088 | € 1,633,301 | € 1,464,892 | ▼ 10% |
| Employees (FTE) | 6.5 | 5.9 | 4 | 3.3 | ▼ 0.7 |
Key figures of CONVERGENT GROUP, 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 CONVERGENT GROUP?
What happened at CONVERGENT GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DAL HILLS stepped down as director. NBB
- Catherine MARTIN stepped down as director. NBB
- JEAN CLAUDE BIARD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 88,255 (▼ 73% vs 2024). Source: NBB ↗
- ExecAdvice became a director. NBB
- AQLC Management SRL became a director. NBB
- Noélise Consulting SRL became a director. NBB
- Gilles KLASS stepped down as director. NBB
In short
From € 111,967 loss in 2022 to € 88,255 profit in 2025.
Paid € 92,149 in corporate taxes since 2022.
Best year ever: 2024, with € 324,492 profit.
On average € 158,000 of value added per employee in 2025.
Management
The stake of B-CHEMICALS INTERNATIONAL HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONVERGENT GROUPBehind CONVERGENT GROUP are ExecAdvice, AQLC Management SRL and Noélise Consulting SRL. The shares are held by B-CHEMICALS INTERNATIONAL HOLDING (96%).
Directors
According to the 2025 annual accounts
Director · represented by Gilles Klass
Also active at: Phase 3, B-CHEMICALS INTERNATIONAL HOLDING, LISOCHEM, BAO DEVELOPPEMENT, EXQUANDO
since 2025
Director · represented by Quentin Maguin
Also active at: Phase 3, B-CHEMICALS INTERNATIONAL HOLDING, LISOCHEM
since 2025
Director · represented by Emilie Van Hamme
Also active at: Phase 3, B-CHEMICALS INTERNATIONAL HOLDING, LISOCHEM
since 2025
DAL HILLS
Director
since 2023 · until 2028
Catherine MARTIN
Director
since 2023 · until 2028
JEAN CLAUDE BIARD
Managing director
Also active at: Phase 3, B-CHEMICALS INTERNATIONAL HOLDING, LISOCHEM
since 2023 · until 2028
Gilles KLASS
Director
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Mousquetaires Gris 35
5660 Couvin
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0479.433.386
- VAT number
- BE 0479.433.386
- Registered office
- Rue des Mousquetaires Gris 35, 5660 Couvin
- Names & denominations
- CONVERGENT GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2003
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Vervaardiging van kunststoffen in primaire vormen
Groothandel in chemische producten
Groothandel in chemische producten voor industrieel gebruik