Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ConvArt from Sint-Truiden, company number BE0795206691, closed financial year 2025 with a result of € -33,341 after tax. For that financial year ConvArt recorded a gross margin of € -31,223 and equity of € -23,191. Compared with financial year 2024, the result moved from € 7,150 to € -33,341. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 27, 2026.
€ -23,191
▼ € 33,341 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,341
▼ still € 7,150 profit in 2024
Profit after tax over the fiscal year.
€ 4,670
▲ 138% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,191.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,434
▲ € 3,881 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,577
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 13,719 | € -31,223 | ▼ € 44,941 |
| Profit after taxes | € 7,150 | € -33,341 | ▼ € 40,490 |
| Equity | € 10,150 | € -23,191 | ▼ € 33,341 |
| Total debts | € 10,775 | € 32,089 | ▲ 198% |
| Cash | € 1,965 | € 4,670 | ▲ 138% |
| Retained profit | € 7,150 | € -26,191 | ▼ € 33,341 |
| Balance sheet total | € 20,925 | € 8,898 | ▼ 57% |
Key figures of ConvArt, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ConvArt?
What happened at ConvArt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,341 (▼ € 40,490 vs 2024). Source: NBB ↗
- Tine Mathieu stepped down as director. NBB
- Jurgen Peeters became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Truiden. KBO
- Tine Mathieu became a director. NBB
In short
From € 7,150 profit in 2024 to € 33,341 loss in 2025.
Paid € 4,028 in corporate taxes since 2024.
Best year ever: 2024, with € 7,150 profit.
Management
Behind ConvArt is Jurgen Peeters.
Directors
According to the 2025 annual accounts
Jurgen Peeters
Director
since 2023
Tine Mathieu
Director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Diesterstraat 46 box 101
3800 Sint-Truiden
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MATHIEU Tine(oprichter) 100%
Details
- Company number
- 0795.206.691
- VAT number
- BE 0795.206.691
- Registered office
- Diesterstraat 46 bus 101, 3800 Sint-Truiden
- Names & denominations
- ConvArt
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2022
- Peppol
- Active · Active since 28 Feb 2026
- Activities · NACE
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Overige gespecialiseerde bouwwerkzaamheden