Bentley Systems Solutions
ActiveBentley Systems Solutions has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €436k and a net result of €53k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 236 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+5
Solvency96▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.42 against 3.97 in 2023; short-term debt: 21.7% and cash: 0.6% of total assets), and 28.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
62 d late
2022
31 d late
2021
89 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€436k▲ 13.9%
2023 · €383k
2018: €64k
2019: €81k
2020: €193k
2021: €250k
2022: €358k
2023: €383k
2018 → 2024
Total assets
€611k▲ 16.2%
2023 · €526k
2018: €123k
2019: €558k
2020: €531k
2021: €484k
2022: €725k
2023: €526k
2018 → 2024
Net result
€53k▲ 117%
2023 · €24k
2018: €9k
2019: €17k
2020: €112k
2021: €58k
2022: €108k
2023: €24k
2018 → 2024
Working capital
€454k▲ 22.0%
2023 · €372k
2018: €71k
2019: €307k
2020: €434k
2021: €338k
2022: €424k
2023: €372k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€193k-€250k▲ 29.8%€358k▲ 43.1%€383k▲ 6.8%€436k▲ 13.9%
Operating result€156k-€94k▼ 39.9%€137k▲ 46.4%€105k▼ 23.3%€97k▼ 8.2%
Net result€112k-€58k▼ 48.6%€108k▲ 87.5%€24k▼ 77.3%€53k▲ 117%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €611k
Fixed assets
€25k▼ 15.2%
Current assets
€586k▲ 18.0%
Equity and liabilities €611k
Equity
€436k▲ 13.9%
Debt
€175k▲ 22.3%
The debt ratio rises from 27.3% to 28.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106k▼
2023 · €111k
Cash flow
€62k▲
2023 · €30k
Solvency
71.3%▼
2023 · 72.7%
Current ratio
4.42▲
2023 · 3.97
Quick ratio
4.42▲
2023 · 3.97
Debt / equity
0.40▲
2023 · 0.37
ROE
12.2%▲
2023 · 6.4%
ROA
8.7%▲
2023 · 4.7%
Interest coverage
7.44▼
2023 · 16.41
Debt
€175k▲
2023 · €143k
Debt ≤ 1 year
€133k▲
2023 · €125k
Income taxes
€29k▼
2023 · €81k
Staff costs
€1.15M▼
2023 · €1.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€526k€611k▲
Fixed assets21/28€29k€25k▼
Tangible fixed assets22/27€18k€14k▼
Furniture and vehicles24€17k€14k▼
Other tangible fixed assets26€2k€0▼
Financial fixed assets28€11k€11k▲
Current assets29/58€497k€586k▲
Amounts receivable within one year40/41€468k€569k▲
Trade receivables40€7k€53k▲
Other amounts receivable41€462k€517k▲
Cash at bank and in hand54/58€25k€4k▼
Deferred charges and accrued income490/1€4k€13k▲
Equity and liabilities
Total equity and liabilities10/49€526k€611k▲
Equity10/15€383k€436k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€361k€414k▲
Amounts payable17/49€143k€175k▲
Amounts payable within one year42/48€125k€133k▲
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Taxes, remuneration and social security45€96k€87k▼
Taxes450/3€25k€37k▲
Remuneration and social security454/9€71k€50k▼
Other amounts payable47/48€17k€37k▲
Accrued charges and deferred income492/3€18k€43k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.15M€1.15M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€270€0▼
Gross operating margin9900€1.26M€1.25M▼
Operating profit (loss)9901€105k€97k▼
Financial income75/76B€7k€0▼
Recurring financial income75€7k€0▼
Financial charges65/66B€7k€14k▲
Recurring financial charges65€7k€14k▲
Profit (loss) for the period before taxes9903€105k€82k▼
Income taxes67/77€81k€29k▼
Profit (loss) for the period9904€24k€53k▲
Profit (loss) for the period to be appropriated9905€24k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€361k€414k▲
Profit (loss) brought forward from the previous period14P€336k€361k▲
Social balance
Average headcount (FTE)90877.86.9▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 62 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-12
Financial
Equity above €200kEq €250k ▲29.8%
4 profitable years in a row build equity to €250k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €112k ▲570%
Operating result €156k, net result €112k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.03
Current ratio from 2.24 to 6.03; short-term debt falls from €246k to €86k.
31-12
Financial
Equity above €150kEq €193k ▲138%
3 profitable years in a row build equity to €193k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Coupure 889000 GentGround area
6,774 m²
Building footprint
1,740 m²
Volume, LiDAR
14,706 m³
2 parcels, Flanders · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Bentley Systems Solutions
since 20042.139.376.669
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0093/00V000 | Flanders | 5,981 m² | 1 · 1,442 m² | 9.1 m · 2 fl. |
| 44815F2048/00V002 | Flanders | 794 m² | 1 · 299 m² | 18.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 409 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2004
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
58290Other software publishing
72210
47400Retail sale of information and communication equipment
47410Retail trade
52487
62900Other information technology and computer services
72600
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.