Converting batch file to exe for Windows Embedded Compact (XP)

I’m having some trouble trying to create a very simple .exe file that starts a .url file in the same directory, when I try to run it, a pop-up message shows an error telling that:

“<filename.exe> is not a valid Windows Embedded Compact application”.

Starting from the beginning…

I first created (on my windows11 PC) a “test.bat” file with this code “start webpage.url”, inside the same directory I have already the “webpage.url”.

Then I converted the “test.bat” file into a “test.exe” file with “BatToExe Converter” with the 32bit option enabled, so now I have this folder:

MyFolder
    test.bat
    test.exe
    webpage.url

The .exe file on my win11 PC runs correctly, opening the “webpage.url” file into a web browser, but when I copy the entire folder to a Windows Embedded PC and then I try to run it, appears the pop-up error message told upon.

My question is… is there any tool capable of converting a batch file to an exe that runs on Windows Embedded Compact (XP)?