Artificial Software
ActiveSummary
Artificial Software has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,473 and a net result of €155,846. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 44% of 780 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €61,473
- Profit
- €155,846
Why 97lowers riskLiquidity: current ratio 1.43, cash €70,623, halvedFounded in 2008Size: total assets €181,337Sector: Other manufacturing (NACE 32)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 32, micro): better than 42% on solvency, 65% on liquidity, 93% on profitability and 97% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 32) for financial year 2024 is 2 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €155,846 ▼54.8%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 54% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 32, Other manufacturing: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2022 Net result -55% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.009m | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 25.3% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 32.2% |
| Gross operating margin9900 | €0.4m | €0.3m | €1.0m | €1.8m | €0.8m | €1.0m | €0.5m | €0.2m | ▼ 52.4% |
| Operating profit (loss)9901 | €0.4m | €0.3m | €1.0m | €1.8m | €0.8m | €0.9m | €0.5m | €0.2m | ▼ 54.2% |
| Financial income75/76B | - | - | - | - | - | - | €114 | €184 | ▲ 61.8% |
| Recurring financial income75 | €2 | €18 | €0.001m | - | - | - | €114 | €184 | ▲ 61.8% |
| Financial charges65/66B | - | - | - | €0.08m | €0.03m | €0.04m | €0.03m | €0.02m | ▼ 36.8% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.04m | €0.08m | €0.03m | €0.04m | €0.03m | €0.02m | ▼ 36.8% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €0.9m | €1.7m | €0.8m | €0.9m | €0.5m | €0.2m | ▼ 55.2% |
| Income taxes67/77 | €0.1m | €0.07m | €0.2m | €0.4m | €0.2m | €0.2m | €0.1m | €0.05m | ▼ 56.3% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.3m | €0.2m | ▼ 54.8% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.3m | €0.2m | ▼ 54.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.3m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.4m | €0.2m | ▼ 50.6% |
| Fixed assets21/28 | €0.02m | €0.003m | €0.1m | €0.09m | €0.07m | €0.07m | €0.04m | €0.01m | ▼ 65.3% |
| Tangible fixed assets22/27 | €0.02m | €0.003m | €0.1m | €0.09m | €0.07m | €0.07m | €0.04m | €0.01m | ▼ 65.3% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.008m | €0.02m | €0.01m | €0.009m | ▼ 38.6% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.07m | €0.05m | €0.02m | €0.004m | ▼ 82.5% |
| Current assets29/58 | €0.3m | €0.2m | €0.6m | €1.2m | €0.5m | €0.6m | €0.3m | €0.2m | ▼ 49.0% |
| Amounts receivable within one year40/41 | €0.03m | €0.04m | €0.02m | €0.02m | €0.01m | €0.009m | €0.07m | €0.08m | ▲ 20.0% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.01m | €0.009m | €0.07m | €0.08m | ▲ 20.0% |
| Cash at bank and in hand54/58 | €0.2m | €0.1m | €0.6m | €1.2m | €0.5m | €0.6m | €0.2m | €0.07m | ▼ 71.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.002m | €0.01m | €0.01m | ▲ 0.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.3m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.4m | €0.2m | ▼ 50.6% |
| Equity10/15 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.06m | ▲ 209% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €407 | €447 | €194 | €218 | €0.001m | €0.001m | €0.006m | €0.05m | ▲ 735% |
| Amounts payable17/49 | €0.3m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.3m | €0.1m | ▼ 65.5% |
| Amounts payable within one year42/48 | €0.3m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.3m | €0.1m | ▼ 66.1% |
| Trade debts44 | €0.002m | €0.003m | €0.002m | €0.005m | €0.004m | €0.004m | €493 | €0.001m | ▲ 42.9% |
| Suppliers440/4 | - | - | - | €0.005m | €0.004m | €0.004m | €493 | €0.001m | ▲ 42.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.007m | €0.01m | €0.007m | €0.003m | ▼ 58.8% |
| Taxes450/3 | - | - | - | €0.02m | €0.007m | €0.01m | €0.007m | €0.003m | ▼ 58.8% |
| Other amounts payable47/48 | - | - | - | €1.3m | €0.6m | €0.7m | €0.3m | €0.1m | ▼ 66.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.002m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.3m | €0.2m | ▼ 54.8% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.009m | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 25.3% |
| Operating cash flow (approximation) | €0.3m | €0.2m | €0.7m | €1.3m | €0.6m | €0.7m | €0.4m | €0.2m | ▼ 52.3% |
| Investment in fixed assets (approximation) | - | -€0.004m | -€0.1m | -€0.003m | -€0.007m | -€0.02m | -€0.002m | €0 | - |
| Change in cash | - | -€0.09m | €0.5m | €0.6m | -€0.7m | €0.1m | -€0.4m | -€0.2m | ▲ 52.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00260153 |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00153253 |
| 31-12-2023 | abbreviated format | 25-06-2024 | 2024-00176325 |
| 31-12-2022 | abbreviated format | 20-06-2023 | 2023-00161712 |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20084151 |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33500508 |
| 31-12-2019 | micro format | 18-06-2020 | 2020-18500523 |
| 31-12-2018 | abbreviated format | 05-07-2019 | 2019-29400194 |
| 31-12-2017 | abbreviated format | 22-06-2018 | 2018-21000196 |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-21100304 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HADERMANN Jan |
|
Owners and capital
Capital and shareholders
- HADERMANN Jan all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-01-2024 Converted to unavailable equity · €14,260
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-01
Gazette deed
Registered office · Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousResignation: HADERMANN Jan (director) · Appointment: HADERMANN Jan (director) · Incorporation20 facts ▸
- General meeting, 28-12-2023
- Incorporation, 15-01-2008
- Other provision, “Antwerpen, inschrijving rechtspersonenregister” (deed in Dutch)
- Shareholding, 28-12-2023, “register van de aandelen op naam” (deed in Dutch)
- Other provision, “vertegenwoordiging op buitengewone algemene vergadering, volmacht enige aandeelhouder” (deed in Dutch)
- Other provision, 186, “aandelenbezit ter vergadering” (deed in Dutch)
- Director in office, HADERMANN Jan (director)
- Other provision, “geldigheid algemene vergadering, in functie zijnde bestuurder aanwezig of vertegenwoordigd” (deed in Dutch)
- Other provision, “besloten vennootschap(BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “binnen grenzen Wetboek van vennootschappen en verenigingen, interimdividend” (deed in Dutch)
- Other provision, “schriftelijke en elektronische algemene vergadering, eenparigheid van stemmen” (deed in Dutch)
- +8 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11040D0133/00L003 | Flanders | 2,159 m² | 1 · 246 m² | 12.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ontwerpen,maken en verkopen van video games; Het ontwerpen,maken,verkopen en onderhouden van alle mogelijke softwares; Het…” (deed in Dutch)
8 activities (deed in Dutch)
- Het ontwerpen,maken en verkopen van video games
- Het ontwerpen,maken,verkopen en onderhouden van alle mogelijke softwares
- Het ontwerpen,maken,verkopen en onderhouden van alle mogelijke grafische ontwerpen
- Het aanbieden van webhosting
- Het ontwerpen,maken,verkopen en onderhouden van websites
- Het aanbieden van alle mogelijke IT en multimediadiensten
- Het maken,verkopen en herstellen van alle mogelijke computer hardware en volledige systemen
- Het beheren van community
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ARTIFICIAL SOFTWARE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, bestuursorgaan in bijlage tot Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Artikel 15, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overgang bij overlijden en overdracht onder levenden, Artikel 11” (deed in Dutch)“Artikel 12, verklaring van overdracht ingeschreven in register van aandelen” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering, regels statutenwijziging” (deed in Dutch)“Ontbinding en sluiting vereffening in één akte” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheid, vereffenaars” (deed in Dutch)