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Apryse Software

Active
Private limited companyfounded 201115 yrs activeTechnologiepark-Zwijnaarde 122, 9052 Gent, BelgiumKBO/BCE: BE 0838.649.627
Summary

Apryse Software has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of -€1.2m. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 2700 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability4▼-80
Solvency36▼-16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.86 against 19.18 in 2023; short-term debt: 25.9% and cash: 16% of total assets), but 89% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
11%
Return on assets
-10.7%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2026, 425 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
425 d late
2023
505 d late
2022
73 d late
2021
25 d late
2020
9 d early
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 170 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Apryse Software was incorporated on 18 August 2011 by Wil-Low and two natural persons, with a starting capital of EUR 19,000.12 The registered office moved to Gentbrugge in 2015 and to Gent-Zwijnaarde in 2019.34 Since 2023 the company has been called Apryse Software.5 The board currently has 2 members; Cassidy SMIRNOW has served longest, since 2022.6 Total assets rose from EUR 2.6 million in 2018 to EUR 11 million in 2024 and headcount from 18.6 to 15.6 full-time equivalents.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 31-08-2011
  3. 3Belgian State Gazette, 24-11-2015
  4. 4Belgian State Gazette, 16-01-2019
  5. 5Belgian State Gazette, 17-02-2023
  6. 6Belgian State Gazette, 16-05-2022
  7. 7National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€11.7m
EBIT margin
-12.6%
Net result
-€1.2m
2023 · €1.1m
Working capital
€8.3m▼ 3.6%
2023 · €8.6m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€11.7m
Operating result€248,054▲ 22.4%€114,128▼ 54.0%€951,849▲ 734%€1.5m▲ 56.8%-€1.5m
Net result€146,324above the sector's middle half▲ 14.7%€78,684within the sector's middle half▼ 46.2%€736,102above the sector's middle half▲ 836%€1.1mabove the sector's middle half▲ 47.2%-€1.2m
EBIT margin-12.6%
Equity€535,530above the sector's middle half▲ 37.6%€614,214above the sector's middle half▲ 14.7%€1.4mabove the sector's middle half▲ 120%€2.4mabove the sector's middle half▲ 80.3%€1.2m▼ 49.3%
Total assets€3.7mabove the sector's middle half▼ 9.1%€7.2mabove the sector's middle half▲ 94.3%€10.2mabove the sector's middle half▲ 41.2%€9.1mabove the sector's middle half▼ 10.9%€11.2m▲ 23.2%
Debt€3.2m▼ 14.0%€6.6m▲ 108%€8.9m▲ 33.9%€6.7m▼ 24.7%€10.0m▲ 49.6%
Working capital€2.6mabove the sector's middle half▲ 15.7%€5.3mabove the sector's middle half▲ 105%€9.1mabove the sector's middle half▲ 73.7%€8.6mabove the sector's middle half▼ 5.6%€8.3m▼ 3.6%
Solvency14.4%below the sector's middle half▲ 4.9pp8.5%below the sector's middle half▼ 5.9pp13.2%below the sector's middle half▲ 4.7pp26.7%within the sector's middle half▲ 13.5pp11.0%▼ 15.7pp
Current ratio3.24within the sector's middle half▲ 1.043.69above the sector's middle half▲ 0.459.55above the sector's middle half▲ 5.8619.18above the sector's middle half▲ 9.633.86▼ 15.31
Return on assets (ROA)3.9%within the sector's middle half▲ 0.8pp1.1%within the sector's middle half▼ 2.8pp7.2%within the sector's middle half▲ 6.1pp11.9%within the sector's middle half▲ 4.7pp-10.7%▼ 22.6pp
Staff (FTE)17.3above the sector's middle half▲ 0.6%11.4within the sector's middle half▼ 34.1%11.3within the sector's middle half▼ 0.9%12.6above the sector's middle half▲ 11.5%15.6▲ 23.8%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0mOperating result 2020: €248,054€248,054Net result 2020: €146,324€146,324Operating result 2021: €114,128€114,128Net result 2021: €78,684€78,684Operating result 2022: €951,849€951,849Net result 2022: €736,102€736,102Operating result 2023: €1.5m€1.5mNet result 2023: €1.1m€1.1mOperating result 2024: -€1.5m-€1.5mNet result 2024: -€1.2m-€1.2m20202021202220232024-€2m-€1m€0€1mOperating result 2022: €951,849€952,000Net result 2022: €736,102€736,000Operating result 2023: €1.5m€1.5mNet result 2023: €1.1m€1.1mOperating result 2024: -€1.5m-€1.5mNet result 2024: -€1.2m-€1.2m202220232024
The operating result turns negative in 2024: a loss of €1.5m after €1.5m in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.2m
Fixed assets €736 ▼ 91.3%
Current assets €11.2m ▲ 23.3%
Equity and liabilities €11.2m
Equity €1.2m ▼ 49.3%
Debt €10.0m ▲ 49.6%
Debt's share of the balance-sheet total rises from 73.3% to 89.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1.5m▼
2023 · €1.5m
Cash flow
-€1.2m▼
2023 · €1.1m
Debt to equity
8.10▲
2023 · 2.74
ROE
-97.4%▼
2023 · 44.5%
Interest coverage
-202.36▼
2023 · 25.62
Debt ≤ 1 year
€2.9m▲
2023 · €474,673
Income taxes
€74,627▼
2023 · €408,937
Staff costs
€2.1m▲
2023 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 180 companies that looked in July 2024 the way this one looks now, 5.6% went bankrupt within 24 months and 91% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
5.6% went bankrupt
2.8% stopped otherwise
91% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet Code20232024
Assets
Total assets20/58€9.1m€11.2m▲
Fixed assets21/28€8,417€736▼
Tangible fixed assets22/27€8,417€736▼
Plant, machinery and equipment23€7,892€512▼
Furniture and vehicles24€526€223▼
Current assets29/58€9.1m€11.2m▲
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€8.5m€9.3m▲
Trade receivables40€2.6m€3.8m▲
Other amounts receivable41€6.0m€5.5m▼
Current investments50/53€129,785€129,785=
Other investments51/53-€129,785
Cash at bank and in hand54/58€427,004€1.8m▲
Deferred charges and accrued income490/1€4,283€1,302▼
Equity and liabilities
Total equity and liabilities10/49€9.1m€11.2m▲
Equity10/15€2.4m€1.2m▼
Contributions10/11€19,000€19,000=
Reserves13€333,109€333,109=
Distributable reserves133€333,109€333,109=
Profit (loss) carried forward14€2.1m€880,736▼
Amounts payable17/49€6.7m€10.0m▲
Amounts payable within one year42/48€474,673€2.9m▲
Trade debts44€28,483€80,677▲
Suppliers440/4€28,483€80,677▲
Taxes, remuneration and social security45€208,598€450,851▲
Taxes450/3€0€152,435▲
Remuneration and social security454/9€208,598€298,416▲
Other amounts payable47/48€237,592€2.4m▲
Accrued charges and deferred income492/3€6.2m€7.1m▲
Income statement Code20232024
Operating income70/76A-€11.7m
Turnover70-€11.7m
Other operating income74-€5,448
Operating charges60/66A-€13.2m
Goods for resale, raw materials and consumables60-€0
Purchases600/8-€0
Services and other goods61-€11.0m
Remuneration, social security and pensions62€1.4m€2.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,648€7,681▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45,971€0▲
Other operating charges640/8€3,974€4,637▲
Gross operating margin9900€2.9m-
Operating profit (loss)9901€1.5m-€1.5m▼
Financial income75/76B€58,302€362,657▲
Recurring financial income75€58,302€362,657▲
Income from financial fixed assets750-€0
Income from current assets751-€96,588
Other financial income752/9-€266,069
Financial charges65/66B€58,601€18,939▼
Recurring financial charges65€58,601€18,939▼
Debt charges650-€7,227
Other financial charges652/9-€11,712
Profit (loss) for the period before taxes9903€1.5m-€1.1m▼
Income taxes67/77€408,937€74,627▼
Taxes670/3-€74,627
Profit (loss) for the period9904€1.1m-€1.2m▼
Profit (loss) for the period to be appropriated9905€1.1m-€1.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.1m€880,736▼
Profit (loss) brought forward from the previous period14P€998,207€2.1m▲
Social balance
Average headcount (FTE)908712.615.6▲

The notes to these accounts (39 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A----€11.7m-
Turnover70----€11.7m-
Other operating income74----€5,448-
Operating charges60/66A----€13.2m-
Goods for resale, raw materials and consumables60----€0-
Purchases600/8----€0-
Services and other goods61----€11.0m-
Remuneration, social security and pensions62-€1.3m€1.6m€1.4m€2.1m▲ 50.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,693€11,469€9,702€8,648€7,681▼ 11.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€20,687€58,857-€45,971€0▲ 100%
Other operating charges640/8-€1,106€5,623€3,974€4,637▲ 16.7%
Gross operating margin9900€2.0m€1.4m€2.6m€2.9m--
Operating profit (loss)9901€248,054€114,128€951,849€1.5m-€1.5m▼ 198%
Financial income75/76B-€39,316€58,313€58,302€362,657▲ 522%
Recurring financial income75€32,945€39,316€58,313€58,302€362,657▲ 522%
Income from financial fixed assets750----€0-
Income from current assets751----€96,588-
Other financial income752/9----€266,069-
Financial charges65/66B-€21,653€24,098€58,601€18,939▼ 67.7%
Recurring financial charges65€56,377€21,653€24,098€58,601€18,939▼ 67.7%
Debt charges650----€7,227-
Other financial charges652/9----€11,712-
Profit (loss) for the period before taxes9903€224,622€131,792€986,064€1.5m-€1.1m▼ 175%
Income taxes67/77€78,299€53,108€249,963€408,937€74,627▼ 81.8%
Taxes670/3----€74,627-
Profit (loss) for the period9904€146,324€78,684€736,102€1.1m-€1.2m▼ 211%
Profit (loss) for the period to be appropriated9905€146,324€78,684€736,102€1.1m-€1.2m▼ 211%
Line20202021202220232024Change
Assets
Total assets20/58€3.7m€7.2m€10.2m€9.1m€11.2m▲ 23.2%
Fixed assets21/28€14,035€23,876€17,065€8,417€736▼ 91.3%
Tangible fixed assets22/27€14,035€23,876€17,065€8,417€736▼ 91.3%
Plant, machinery and equipment23-€21,239€15,645€7,892€512▼ 93.5%
Furniture and vehicles24-€2,637€1,420€526€223▼ 57.5%
Financial fixed assets28€0-----
Current assets29/58€3.7m€7.2m€10.2m€9.1m€11.2m▲ 23.3%
Stocks and contracts in progress3----€0-
Amounts receivable within one year40/41€1.2m€2.9m€3.2m€8.5m€9.3m▲ 8.8%
Trade receivables40-€2.8m€3.1m€2.6m€3.8m▲ 45.7%
Other amounts receivable41-€93,313€150,658€6.0m€5.5m▼ 7.2%
Current investments50/53€289,999€289,999€129,785€129,785€129,785=
Other investments51/53----€129,785-
Cash at bank and in hand54/58€668,122€1.1m€3.9m€427,004€1.8m▲ 320%
Deferred charges and accrued income490/1-€2.9m€2.9m€4,283€1,302▼ 69.6%
Equity and liabilities
Total equity and liabilities10/49€3.7m€7.2m€10.2m€9.1m€11.2m▲ 23.2%
Equity10/15€535,530€614,214€1.4m€2.4m€1.2m▼ 49.3%
Contributions10/11-€19,000€19,000€19,000€19,000=
Reserves13€333,109€333,109€333,109€333,109€333,109=
Distributable reserves133-€333,109€333,109€333,109€333,109=
Profit (loss) carried forward14€183,421€262,105€998,207€2.1m€880,736▼ 57.7%
Amounts payable17/49€3.2m€6.6m€8.9m€6.7m€10.0m▲ 49.6%
Amounts payable within one year42/48€1.1m€2.0m€1.1m€474,673€2.9m▲ 512%
Trade debts44€728,539€1.5m€82,390€28,483€80,677▲ 183%
Suppliers440/4-€1.5m€82,390€28,483€80,677▲ 183%
Advances received on contracts in progress46-€8,618€0---
Taxes, remuneration and social security45-€357,950€370,511€208,598€450,851▲ 116%
Taxes450/3-€0€2,095€0€152,435-
Remuneration and social security454/9-€357,950€368,416€208,598€298,416▲ 43.1%
Other amounts payable47/48-€97,419€615,586€237,592€2.4m▲ 899%
Accrued charges and deferred income492/3-€4.7m€7.8m€6.2m€7.1m▲ 14.2%
Line20202021202220232024Change
Profit (loss) for the period9904€146,324€78,684€736,102€1.1m-€1.2m▼ 211%
+ Depreciation and write-downs630€16,693€11,469€9,702€8,648€7,681▼ 11.2%
Operating cash flow (approximation)€163,016€90,153€745,804€1.1m-€1.2m▼ 209%
Investment in fixed assets (approximation)--€21,310-€2,890€0€0-
Change in cash-€393,625€2.9m-€3.5m€1.4m▲ 139%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 425 days late
09-03
State Gazette act Permanent representative: Jos Briers
2 facts ▸
  • Board meeting, 15-01-2026
  • Permanent representative, Jos Briers
2025
18-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 505 days late
19-05
State Gazette act Permanent representative: Mike Boonen
Power of attorney4 facts ▸
  • Board meeting, 16-04-2025
  • Permanent representative, Mike Boonen
  • Power of attorney, Johan Lagae
  • Power of attorney, Els Bruls
11-03
State Gazette act Resignations & appointments
Power of attorney · Mandate compensation · Power-of-attorney revocation28 facts ▸
  • Board meeting, 07-02-2025
  • Power of attorney, Kenneth SAUNDERS
  • Power of attorney, Raf HENS
  • Power of attorney, Kate FINCUTTER
  • Power of attorney, Raf HENS
  • Power of attorney, Stan KORNACKI
  • Power of attorney, Michael HOBKIRK
  • Power of attorney, Randall ISAAC
  • Power of attorney, Steve IRONS
  • Power of attorney, Chris BOOTH
  • Power of attorney, Dan MCNAMARA
  • Power of attorney, Simon WILLIAMS
  • +16 further facts in this act
2024
31-12
Financial Weakest financial yearnet -€1.2m
Net result drops to -€1.2m, the lowest in the series.
14-05
State Gazette act Resignation: EY Bedrijfsrevisoren BV (statutory auditor)
Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor) · Power of attorney5 facts ▸
  • General meeting, 29-09-2023
  • Auditor resignation, EY Bedrijfsrevisoren BV (statutory auditor)
  • Auditor appointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
  • Power of attorney, Johan Lagae
  • Power of attorney, Els Bruls
2023
31-12
Financial Highest result since 2018net €1.1m ▲47.2%
Operating result €1.5m, net result €1.1m, both a record.
31-12
Financial Liquidity doublescurrent ratio 19.18
Current ratio from 9.55 to 19.18; short-term debt falls from €1.1m to €474,673.
31-12
Financial Equity above €2mEq €2.4m ▲80.3%
5 profitable years in a row build equity to €2.4m.
12-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 73 days late
21-06
State Gazette act Resignation: Joel Martins (director)
Appointment: Kenneth Saunders (director) · Mandate compensation · Power of attorney7 facts ▸
  • General meeting, 19-05-2023
  • Director resignation, Joel Martins (director)
  • Director appointment, Kenneth Saunders (director)
  • Director appointment, Kenneth Saunders (managing director)
  • Mandate compensation, Kenneth Saunders
  • Power of attorney, Johan Lagae
  • Power of attorney, Els Bruls
Show earlier events
26-04
State Gazette act Resignations & appointments
Power of attorney · Mandate compensation · Mandate term34 facts ▸
  • Board meeting, 29-03-2023
  • Power of attorney, Kenneth SAUNDERS
  • Power of attorney, Graeme HUTTLEY
  • Power of attorney, Kate FINCUTTER
  • Power of attorney, Raf HENS
  • Power of attorney, Tony VAN DEN ZEGEL
  • Power of attorney, Randall ISAAC
  • Power of attorney, Olivier VAN DEN BROECKE
  • Power of attorney, Rachelle CARPENTER
  • Mandate compensation, Kenneth SAUNDERS
  • Mandate compensation, Graeme HUTTLEY
  • Mandate compensation, Kate FINCUTTER
  • +22 further facts in this act
25-04
State Gazette act Statutes amendment
Power of attorney4 facts ▸
  • General meeting, 12-04-2023
  • Statutes amendment
  • General meeting, De eerstvolgende gewone algemene vergadering over de jaarrekening afgesloten per 31 december 2022 zal gehouden worden op 5 juni 2023 om veertien uur.
  • Power of attorney
17-02
State Gazette act Statutes amendment
Name change3 facts ▸
  • General meeting, 09-02-2023
  • Name change, Apryse Software
  • Statutes amendment
2022
31-12
Financial Liquidity triplescurrent ratio 9.55
Current ratio from 3.69 to 9.55; short-term debt falls from €2.0m to €1.1m.
31-12
Financial Equity above €1mEq €1.4m ▲120%
4 profitable years in a row build equity to €1.4m.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
16-05
State Gazette act Resignations: Hudson SMITH JR (director) and Matthew LOSARDO (director)
Appointments: Cassidy SMIRNOW (director) and Joel MARTINS (director) · Director discharge · Mandate compensation11 facts ▸
  • General meeting, 19-04-2022
  • Director resignation, Hudson SMITH JR (director)
  • Director resignation, Matthew LOSARDO (director)
  • Director discharge, Hudson SMITH JR
  • Director discharge, Matthew LOSARDO
  • Director appointment, Cassidy SMIRNOW (director)
  • Director appointment, Joel MARTINS (director)
  • Mandate compensation, Cassidy SMIRNOW
  • Mandate compensation, Joel MARTINS
  • Power of attorney, Johan Lagae
  • Power of attorney, Els Bruls
25-04
State Gazette act Resignations: Sungmin PARK (director) and Gary FRY (day-to-day manager)
Appointments: Hudson SMITH JR (director) and Matthew LOSARDO (director) · Director discharge · Mandate compensation10 facts ▸
  • General meeting, 24-03-2022
  • Director resignation, Sungmin PARK (director)
  • Director discharge, Sungmin PARK
  • Director appointment, Hudson SMITH JR (director)
  • Director appointment, Matthew LOSARDO (director)
  • Mandate compensation, Hudson SMITH JR
  • Mandate compensation, Matthew LOSARDO
  • Board meeting, 24-03-2022
  • Director resignation, Gary FRY (day-to-day manager)
  • Power of attorney, İText Software
2021
18-11
State Gazette act Resignations & appointments
Power of attorney4 facts ▸
  • Board meeting, 08-10-2021
  • Power of attorney, Uirtus
  • Power of attorney, CSQ
  • Power of attorney, Olivier Van den Broecke
22-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €500,000Eq €535,530 ▲37.6%
2 profitable years in a row build equity to €535,530.
25-11
State Gazette act Resignations & appointments
Power of attorney6 facts ▸
  • Board meeting, 28-10-2020
  • Power of attorney, Andrew Nam
  • Power of attorney, Edward (Hyungwoo) Choi
  • Power of attorney, Antonio Van den Zegel
  • Power of attorney, Gary Fry
  • Power of attorney, Olivier Van den Broecke
16-11
State Gazette act Resignation: Kim, Yeon Su (director)
Appointment: Park, Sungmin (director) · Legal-form conversion · Statutes amendment10 facts ▸
  • General meeting, 21/10/2020
  • Legal-form conversion, Besloten vennootschap met beperkte aansprakelijkheid
  • Statutes amendment
  • Director resignation, Kim, Yeon Su (director)
  • Director appointment, Park, Sungmin (director)
  • Mandate compensation, Park, Sungmin
  • Power of attorney, Annick Delmaire
  • Power of attorney, Julie Lenaerts
  • Power of attorney, Ann De Wilde
  • Power of attorney, Steven Strobbe
24-08
State Gazette act Reappointment: ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Francis Boelens · Mandate compensation4 facts ▸
  • General meeting, 30-06-2020
  • Auditor reappointment, ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Francis Boelens
  • Mandate compensation, ERNST & YOUNG BEDRIJFSREVISOREN
29-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €127,554
Net result €127,554 after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
16-01
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 07-12-2018
  • Registered-office move, Technologiepark-Zwijnaarde 122, B-9052 Gent-Zwijnaarde
2018
27-11
State Gazette act Resignations & appointments
Power of attorney5 facts ▸
  • Board meeting, 06/08/2018
  • Power of attorney, Raf Hens
  • Power of attorney, Antonio Van den Zegel
  • Power of attorney, Andrew Nam
  • Power of attorney, Edward (Hyungwoo) Choi
02-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
15-03
State Gazette act Resignation: DELOITTE BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Luc VAN COPPENOLLE and Francis BOELENS · Appointment: ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor) · Mandate term7 facts ▸
  • General meeting, 30-06-2017
  • Director resignation, DELOITTE BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Luc VAN COPPENOLLE
  • Auditor appointment, ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Francis BOELENS
  • Mandate term, 3 boekjaren (2017, 2018, 2019)
  • Mandate compensation, ERNST & YOUNG BEDRIJFSREVISOREN
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
08-03
State Gazette act Resignations: Ingeborg WILLAERT (non-statutory manager) and Bruno LOWAGIE (non-statutory manager)
Appointment: Yeon Su KIM (enige niet statutaire zaakvoerder) · Mandate compensation5 facts ▸
  • General meeting, 29-12-2015
  • Director resignation, Ingeborg WILLAERT (non-statutory manager)
  • Director resignation, Bruno LOWAGIE (non-statutory manager)
  • Director appointment, Yeon Su KIM (enige niet statutaire zaakvoerder)
  • Mandate compensation, Yeon Su KIM
2015
24-11
State Gazette act Registered office · Resignations & appointments
Registered-office move2 facts ▸
  • Board meeting, 04-11-2015
  • Registered-office move, Bedrijvencentrum De Punt, Kerkstraat 108, 9050 GENTBRUGGE
2014
07-11
State Gazette act Appointment: DELOITTE Bedrijfsrevisoren (statutory auditor)
Permanent representative: Luc Van Coppenolle · Mandate term · Mandate compensation5 facts ▸
  • General meeting, 23-09-2014
  • Auditor appointment, DELOITTE Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Luc Van Coppenolle
  • Mandate term, jaarvergadering 2017, controle van de enkelvoudige jaarrekeningen over de boekjaren die afsluiten per 31 december 2014, 2015 en 2016
  • Mandate compensation, DELOITTE Bedrijfsrevisoren
21-02
State Gazette act Resignation: Bruno Lowagie (manager)
Appointment: Bruno Lowagie (manager)3 facts ▸
  • General meeting, 24-01-2014
  • Director resignation, Bruno Lowagie (manager)
  • Director appointment, Bruno Lowagie (manager)
2011
31-08
State Gazette act Incorporation
Appointments: Wil-Low (manager) and Willaert, Ingeborg Erna Magda (manager) · Permanent representative: Lowagie, Bruno Marie Lucien Willem · Founding capital9 facts ▸
  • Incorporation, 18-08-2011
  • Founding capital, €19.000
  • Bank account, BNP Paribas Fortis
  • Director appointment, Wil-Low (manager)
  • Permanent representative, Lowagie, Bruno Marie Lucien Willem
  • Director appointment, Willaert, Ingeborg Erna Magda (manager)
  • Mandate compensation, Wil-Low
  • Power of attorney, REFIBO
  • Bank deposit, 17-08-2011
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read

Directors · office · real estate

Directors
2 directors, 1 in day-to-day management, no change since 2023

Board 2

Cassidy SMIRNOW
Director · since 19-04-2022
Current
Kenneth Saunders
Director · since 19-05-2023
Current

Day-to-day management 1

Kenneth Saunders
Managing director · since 19-05-2023
Current

Statutory auditor 1

KPMG Réviseurs d'Entreprises
Statutory auditor · since 29-09-2023
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
3,594 m²
Building footprint
1,214 m²
Parcel 44082B0100/00H000, Flanders. Linked by address, not a title deed.
20 companies at this address See who is registered here
1 establishment unit
Apryse Software
Technologiepark-Zwijnaarde 122, 9052 GentOther software publishing
since 20112.201.760.240
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0100/00H000 Flanders 3,594 m² 1 · 1,214 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

13 people since 2011, 3 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Cassidy SMIRNOW
  • Director, from 19-04-2022 to date
Kenneth Saunders
  • Director, from 19-05-2023 to date
  • Managing director, from 19-05-2023 to date
KPMG Réviseurs d'Entreprises
  • Statutory auditor, from 29-09-2023 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, from 01-01-2017 to 29-09-2023
Joel Martins
  • Director, from 19-04-2022 to 19-05-2023
Hudson SMITH JR
  • Director, from 24-03-2022 to 19-04-2022
Matthew LOSARDO
  • Director, from 24-03-2022 to 19-04-2022
Gary FRY
  • Day-to-day manager, until 24-03-2022
Sungmin PARK
  • Director, from 01-09-2020 to 24-03-2022
Yeon Su KIM
  • Enige niet statutaire zaakvoerder, from 29-12-2015 to 01-09-2020
Deloitte Bedrijfsrevisoren
  • Statutory auditor, from 23-09-2014 to 30-06-2017
Bruno LOWAGIE
  • Manager, already before 01-02-2014 to 29-12-2015
Willaert, Ingeborg Erna Magda
  • Manager, from 18-08-2011 to 29-12-2015
See the board, name and seat on a given date →

Articles of association

Purpose
Het ontwikkelen en onderhouden van software en websites; het toekennen en verkopen van Original Equipment Manufacturers en licenties van software; het documenteren, publiceren…
Full purpose

Het ontwikkelen en onderhouden van software en websites; het toekennen en verkopen van Original Equipment Manufacturers en licenties van software; het documenteren, publiceren, schrijven en reviewen van artikelen en boeken; het organiseren van cursussen, het lesgeven en geven van presentaties op events; het uitvoeren van consultancy opdrachten; het aanbieden van diensten via het internet, het generen van inkomsten uit reclame, het uitvoeren van markt assessments en technology reviews; onderzoek en ontwikkeling; activiteiten in verband met multimedia en film, zowel fictie als nonfictie; de uitwerking en realisatie van projecten; de ontwikkeling, commercialisering, in licentie nemen of geven van immateriële activa, zoals octrooien, copyright en knowhow in de meest ruime betekenis, waaronder de creatie van intellectuele eigendomsrechten via werken, scheppingen, studies, onderzoeken, uitvindingen en dergelijke meer; de promotie en organisatie van evenementen. Het organiseren van congressen, concerten, beurzen en tentoonstellingen; het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen, al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)publiekrechterlijk statuut; het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuursfuncties, het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de Vennootschap zelf voert. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt; het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit, alsmede het waarborgen van alle verbintenissen van diezelfde ondernemingen; het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de aan en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en de verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten. De Vennootschap kan derhalve ook contracten van onroerende leasing afsluiten; het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan en verkoop, de huur en de verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen; het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten industriële, commerciële, financiële, landbouw of immobiliënvennootschappen of – ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen; alle verrichtingen die, algemeen genomen, op één of andere wijze verband houden met alle mogelijke advies en/of dienstenfuncties evenals consultancy, opleiding, technische expertise en bijstand op de voornoemde gebieden; het geven van advies en het verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op deze domeinen actief zijn; de vertegenwoordiging en het optreden als commercieel tussenpersoon.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. Apryse Global HoldCo LPUS 100%
  2. Apryse Belgium HoldCo 100%
  3. Apryse Belgium AcquisitionCo 100%
  4. Apryse 100%
  5. Apryse Group 99%
  6. Apryse Software

Highest known parent: Apryse Global HoldCo LP (United States). The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2023 list no holdings, and no other source names one.

According to the 2023 annual accounts of Apryse Software and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Shareholders according to the acts
At incorporation act of 31-08-2011 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 31-08-2011 Incorporation · 19,000 EUR · 1,000 shares

Recognitions · licences · registrations

Legal Entity Identifier

549300VVL99XGX7BFD27
live in the LEI register

Similar companies · same sector, comparable size

Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 2,316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID 0208:0838649627

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.