Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CONVERTIBLE from Burdinne, company number BE0874639892, closed financial year 2025 with a result of € -28,813 after tax. For that financial year CONVERTIBLE recorded a gross margin of € -6,543 and equity of € -41,391. Compared with financial year 2024, the result moved from € 87,312 to € -28,813. 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 September 11, 2026.
€ -41,391
▼ € 28,813 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,813
▼ still € 87,312 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -76,391.
People and assets in 2025
€ 9,433
▼ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 70,000
Loans from banks and other lenders, long and short.
€ 14,541
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,521
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,456 | € 7,597 | € 115,269 | € -6,543 | ▼ € 121,811 |
| Profit after taxes | € -5,655 | € -18,579 | € 87,312 | € -28,813 | ▼ € 116,125 |
| Equity | € -81,310 | € -99,889 | € -12,578 | € -41,391 | ▼ € 28,813 |
| Total debts | € 326,177 | € 281,666 | € 286,722 | € 259,363 | ▼ 10% |
| Retained profit | € -116,310 | € -134,889 | € -47,578 | € -76,391 | ▼ € 28,813 |
| Bank debt | € 99,555 | € 93,443 | € 70,000 | € 70,000 | |
| Balance sheet total | € 244,866 | € 181,776 | € 274,144 | € 217,972 | ▼ 20% |
Key figures of CONVERTIBLE, 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 CONVERTIBLE?
What happened at CONVERTIBLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,813 (▼ € 116,125 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Burdinne. KBO
In short
From € 5,655 loss in 2022 to € 28,813 loss in 2025.
Paid € 206 in corporate taxes since 2022.
Best year ever: 2024, with € 87,312 profit.
Establishments
Establishment units
Physical locations of this company
Chaussée de Namur(BUR) 16
4210 Burdinne
Chaussée de Namur(BUR) 16 box F
4210 Burdinne
Active since 14 June 2005
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.
Website
Technologies
Hosting & Email
Email provider
Mail.com
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0874.639.892
- VAT number
- BE 0874.639.892
- Registered office
- Chaussée de Namur(BUR) 16, 4210 Burdinne
- Names & denominations
- CONVERTIBLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2005
- Peppol
- Active · Active since 3 Feb 2026
- Contact
- adapt-car.be 0476 95 39 93
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)