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BETA Systems Software

Active
Private limited companyfounded 1997active for 29 yearsAvenue Jean Monnet 1, 1348 Ottignies-Louvain-la-Neuve, Belgium32 active companies are registered at this addressKBO/BCE: BE 0460.900.052
Summary

BETA Systems Software has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €764,894 and a net result of €64,548. Equity is growing by about 53% per year across the filed financial years. Its solvency ranks better than 69% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other information technology and computer services
NACE 62900Wholesale of information and communication equipment NACE 46500
8th oldest company in Ottignies-Louvain-la-Neuve, Telecoms and IT sector1 site
Size
≈ €380,000turnover 2025, estimated
Staff
0.8 FTE
Equity
€764,894
Profit
€64,548
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 7 days early3 of 10 deeds summarised
Why 88raises riskLiquidity: current ratio 41.88, cash €2,491, halvedlowers riskFounded in 1997Size: 0.8 FTE, total assets €1.3mEquity €764,894 (56.9% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Strong
Solvency 82+1
equity 56.9% of total assets
Liquidity 50-1
short-term debt 2.3% · cash 0.2%
Profitability 75-22
return on assets 4.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.3 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity ample (current ratio 41.88, compared with 14.64 in 2024, above the usual 1.5; short-term debt: 2.3% and cash: 0.2% of total assets), and 43.1% of the assets are financed with debt and provisions.
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 62, micro): better than 49% on solvency, 30% on liquidity, 33% on profitability and 55% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 41.88, cash €2,491, halved
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 0.8 FTE, total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €764,894 (56.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
on the day
2023
1 day early
2022
12 days early
2021
on the day
2020
on the day
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Liquidity more than doubledcurrent ratio 41.88
  3. Resignation: Rigas Paschaloudis (director)Appointment: Gerald Robert Schmedding (director)…

Financials · financial year 2025, full format

Turnover
≈ €380,000
Estimated: probably between €260,000 and €790,000
EBIT margin
Not included in this filing
Net result
€64,548▼ 77.1%
2024 · €281,936
Working capital
€1.2m▲ 17.0%
2024 · €1.1m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen two years in a row; 2025 is 80% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.07m 2025 Net result€0.06m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.2m▲ 70.4%€0.3m▲ 78.9%-€0.07m€0.4m€0.4m▼ 15.3%€0.07m▼ 80.4%
Net result€0.1m-€0.2mabove the sector's middle half▲ 70.7%€0.3mabove the sector's middle half▲ 75.6%-€0.07mbelow the sector's middle half€0.4mabove the sector's middle half€0.3mabove the sector's middle half▼ 20.2%€0.06mwithin the sector's middle half▼ 77.1%
Equity-€0.4m--€0.2mbelow the sector's middle half▲ 50.1%€0.1mwithin the sector's middle half€0.06mwithin the sector's middle half▼ 51.8%€0.4mwithin the sector's middle half▲ 544%€0.7mwithin the sector's middle half▲ 67.4%€0.8mwithin the sector's middle half▲ 9.2%
Total assets€0.4m-€0.3mwithin the sector's middle half▼ 14.7%€0.5mwithin the sector's middle half▲ 39.9%€0.4mwithin the sector's middle half▼ 12.7%€1.0mwithin the sector's middle half▲ 137%€1.2mwithin the sector's middle half▲ 27.3%€1.3mwithin the sector's middle half▲ 7.9%
Debt€0.8m-€0.5m▼ 31.4%€0.3m▼ 34.5%€0.3m▲ 2.9%€0.6m▲ 60.9%€0.5m▼ 2.6%€0.6m▲ 6.3%
Working capital-€0.2m--€0.1mbelow the sector's middle half▲ 44.2%€0.2mwithin the sector's middle half€0.2mwithin the sector's middle half▼ 11.9%€0.6mwithin the sector's middle half▲ 248%€1.1mabove the sector's middle half▲ 66.3%€1.2mabove the sector's middle half▲ 17.0%
Solvency-89.7%--52.6%below the sector's middle half▲ 37.2pp28.5%within the sector's middle half▲ 81.1pp15.8%below the sector's middle half▼ 12.8pp42.8%within the sector's middle half▲ 27.1pp56.3%within the sector's middle half▲ 13.5pp56.9%within the sector's middle half▲ 0.7pp
Current ratio0.35-0.43below the sector's middle half▲ 0.084.74above the sector's middle half▲ 4.314.36above the sector's middle half▼ 0.384.20above the sector's middle half▼ 0.1614.64above the sector's middle half▲ 10.4541.88above the sector's middle half▲ 27.24
Return on assets (ROA)26.3%-52.7%above the sector's middle half▲ 26.4pp66.1%above the sector's middle half▲ 13.4pp-17.0%below the sector's middle half▼ 83.1pp36.2%above the sector's middle half▲ 53.1pp22.6%above the sector's middle half▼ 13.5pp4.8%within the sector's middle half▼ 17.8pp
Staff (FTE)1.6-0.8below the sector's middle half▼ 50.0%0.8below the sector's middle half=0.8below the sector's middle half=0.8below the sector's middle half=0.8below the sector's middle half=0.8below the sector's middle half=
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €73,218 ▼ 31.5%
Current assets €1.3m ▲ 11.7%
Equity and liabilities €1.3m
Equity €764,894 ▲ 9.2%
Debt €578,770 ▲ 6.3%
Debt's share of the balance-sheet total falls from 43.7% to 43.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€105,410▼
2024 · €399,895
Cash flow
€98,296▼
2024 · €315,684
Debt to equity
0.76▼
2024 · 0.78
ROE
8.4%▼
2024 · 40.3%
Interest coverage
over 100▲
2024 · 57.25
Debt ≤ 1 year
€30,333▼
2024 · €77,703
Income taxes
€25,734▼
2024 · €101,593
Staff costs
€62,982▲
2024 · €59,838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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%.

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% 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 17,041 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 · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.3m▲
Fixed assets21/28€0.1m€0.07m▼
Intangible fixed assets21€0.1m€0.07m▼
Financial fixed assets28€0.006m€0.006m▲
Current assets29/58€1.1m€1.3m▲
Amounts receivable within one year40/41€1.1m€1.2m▲
Trade receivables40€0.1m€0.1m▲
Other amounts receivable41€1.0m€1.1m▲
Cash at bank and in hand54/58€0.01m€0.002m▼
Deferred charges and accrued income490/1€0.03m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.3m▲
Equity10/15€0.7m€0.8m▲
Contributions10/11€0.05m€0.05m=
Reserves13€0.005m€0.005m=
Non-distributable reserves130/1€0.005m€0.005m=
Reserves not available under the articles1311€0.005m€0.005m=
Profit (loss) carried forward14€0.6m€0.7m▲
Amounts payable17/49€0.5m€0.6m▲
Amounts payable within one year42/48€0.08m€0.03m▼
Trade debts44€0.001m€343▼
Suppliers440/4€0.001m€343▼
Taxes, remuneration and social security45€0.08m€0.03m▼
Taxes450/3€0.07m€0.02m▼
Remuneration and social security454/9€0.005m€0.005m▲
Other amounts payable47/48-€267
Accrued charges and deferred income492/3€0.5m€0.5m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.06m€0.06m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m=
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900€0.5m€0.2m▼
Operating profit (loss)9901€0.4m€0.07m▼
Financial income75/76B€0.02m€0.02m▼
Recurring financial income75€0.02m€0.02m▼
Financial charges65/66B€0.007m€0.001m▼
Recurring financial charges65€0.007m€0.001m▼
Profit (loss) for the period before taxes9903€0.4m€0.09m▼
Income taxes67/77€0.1m€0.03m▼
Profit (loss) for the period9904€0.3m€0.06m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.06m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m€0.7m▲
Profit (loss) brought forward from the previous period14P€0.4m€0.6m▲
Social balance sheet
Average headcount (FTE)90870.80.8=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€50,645€50,102€59,366€59,838€62,982▲ 5.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,748€34,067€34,363€34,363€34,043€33,748€33,748=
Other operating charges640/8--€1,160€902€706€1,042€1,010▼ 3.1%
Gross operating margin9900€229,924€264,259€406,031€16,245€526,532€460,775€169,402▼ 63.2%
Operating profit (loss)9901€104,937€178,760€319,863-€69,122€432,417€366,147€71,662▼ 80.4%
Financial income75/76B----€9,549€24,367€19,373▼ 20.5%
Recurring financial income75----€9,549€24,367€19,373▼ 20.5%
Financial charges65/66B--€250€827€921€6,985€753▼ 89.2%
Recurring financial charges65€653€755€250€827€921€6,985€753▼ 89.2%
Profit (loss) for the period before taxes9903€104,284€178,006€319,613-€69,949€441,045€383,529€90,282▼ 76.5%
Income taxes67/77€48€46€7,086-€87,627€101,593€25,734▼ 74.7%
Profit (loss) for the period9904€104,236€177,960€312,527-€69,949€353,418€281,936€64,548▼ 77.1%
Profit (loss) for the period to be appropriated9905€104,236€177,960€312,527-€69,949€353,418€281,936€64,548▼ 77.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.4m€0.3m€0.5m€0.4m€1.0m€1.2m€1.3m▲ 7.9%
Fixed assets21/28€0.3m€0.2m€0.2m€0.2m€0.1m€0.1m€0.07m▼ 31.5%
Intangible fixed assets21€0.3m€0.2m€0.2m€0.2m€0.1m€0.1m€0.07m▼ 33.3%
Tangible fixed assets22/27-€0.002m€0.001m€295----
Furniture and vehicles24--€0.001m€295----
Financial fixed assets28€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m▲ 0.5%
Current assets29/58€0.1m€0.09m€0.3m€0.2m€0.8m€1.1m€1.3m▲ 11.7%
Amounts receivable within one year40/41€0.07m€0.02m€0.2m€0.005m€0.7m€1.1m€1.2m▲ 13.9%
Trade receivables40--€0.2m€0.005m€0.5m€0.1m€0.1m▲ 17.8%
Other amounts receivable41----€0.2m€1.0m€1.1m▲ 13.4%
Cash at bank and in hand54/58€0.02m€0.05m€0.05m€0.04m€0.01m€0.01m€0.002m▼ 75.9%
Deferred charges and accrued income490/1--€0.02m€0.2m€0.1m€0.03m€0.02m▼ 32.6%
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.3m€0.5m€0.4m€1.0m€1.2m€1.3m▲ 7.9%
Equity10/15-€0.4m-€0.2m€0.1m€0.06m€0.4m€0.7m€0.8m▲ 9.2%
Contributions10/11€0.05m-€0.05m€0.05m€0.05m€0.05m€0.05m=
Reserves13€0.005m€0.005m€0.005m€0.005m€0.005m€0.005m€0.005m=
Non-distributable reserves130/1--€0.005m€0.005m€0.005m€0.005m€0.005m=
Reserves not available under the articles1311--€0.005m€0.005m€0.005m€0.005m€0.005m=
Profit (loss) carried forward14-€0.4m-€0.2m€0.08m€0.01m€0.4m€0.6m€0.7m▲ 10.0%
Amounts payable17/49€0.8m€0.5m€0.3m€0.3m€0.6m€0.5m€0.6m▲ 6.3%
Amounts payable within one year42/48€0.3m€0.2m€0.06m€0.05m€0.2m€0.08m€0.03m▼ 61.0%
Trade debts44€0.02m€0.008m€0.002m€128€0.009m€0.001m€343▼ 72.2%
Suppliers440/4--€0.002m€128€0.009m€0.001m€343▼ 72.2%
Taxes, remuneration and social security45--€0.02m€0.009m€0.2m€0.08m€0.03m▼ 61.1%
Taxes450/3--€0.01m€0.001m€0.2m€0.07m€0.02m▼ 65.6%
Remuneration and social security454/9--€0.01m€0.007m€0.008m€0.005m€0.005m▲ 1.2%
Other amounts payable47/48--€0.03m€0.05m--€267-
Accrued charges and deferred income492/3--€0.3m€0.3m€0.4m€0.5m€0.5m▲ 17.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€104,236€177,960€312,527-€69,949€353,418€281,936€64,548▼ 77.1%
+ Depreciation and write-downs630€33,748€34,067€34,363€34,363€34,043€33,748€33,748=
Operating cash flow (approximation)€137,984€212,027€346,890-€35,586€387,461€315,684€98,296▼ 68.9%
Investment in fixed assets (approximation)--€1,843€0-€0€400-€30-€30=
Change in cash-€33,025-€705-€12,587-€25,857€805-€7,835-

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

Download as CSV

Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 full format 23-04-2026 2026-00088493
30-09-2024 full format 30-04-2025 2025-00090648
30-09-2023 full format 29-04-2024 2024-00073536
30-09-2022 full format 18-04-2023 2023-00063432
30-09-2021 full format 30-04-2022 2022-20017942
30-09-2020 full format 30-04-2021 2021-13400523
30-09-2019 full format 19-05-2020 2020-12600576
30-09-2018 full format 20-05-2019 2019-13700277
30-09-2017 full format 29-05-2018 2018-14700559
30-09-2016 full format 18-05-2017 2017-12900233

Show all 29 filings

Similar companies · same sector, comparable size

Of the 3,177 active companies whose main activity is other information technology and computer services (NACE 62900), figures are known for 1,810. 960 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2025
JOSSERAND François Raymond Paul
Director (not named in the articles) · since 10-01-2024
Current
Gerald Robert Schmedding
Director · since 15-06-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
7 of this company's 10 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2023, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
JOSSERAND François Raymond Paul
  • Manager, until 10-01-2024
  • Director (not named in the articles), from 10-01-2024 to date
Gerald Robert Schmedding
  • Director, from 15-06-2025 to date
Rigas Paschaloudis
  • Director, from 01-07-2023 to 10-01-2024
  • Director (not named in the articles), from 10-01-2024 to 18-08-2025
Dr. Andreas HUTH
  • Director, until 01-07-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 10-01-2024 Converted to available equity · €49,579.70

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

On 19 June 1997, BETA Systems Software was incorporated.1 Total assets went from €396,154 in 2019 to €1.3m in 2025 and headcount from 1.6 to 0.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
23-04
NBB filing Annual accounts filed
financial year 2025 · full format
2025
30-09
Financial Liquidity more than doubledcurrent ratio 41.88
Current ratio from 14.64 to 41.88; short-term debt falls from €77,703 to €30,333.
18-08
Gazette deed Resignation: Rigas Paschaloudis (director)
Appointment: Gerald Robert Schmedding (director) · Power of attorney6 facts ▸
  • General meeting, 24-06-2025
  • Director resignation, Rigas Paschaloudis (director)
  • Director appointment, Gerald Robert Schmedding (director)
  • Board composition, François Josserand (director)
  • Board composition, Gerald Robert Schmedding (director)
  • Power of attorney, Edwin Heitkamp
30-04
NBB filing Annual accounts filed
financial year 2024 · full format
2024
30-09
Financial Liquidity more than triplescurrent ratio 14.64
Current ratio from 4.20 to 14.64; short-term debt falls from €199,365 to €77,703.
30-09
Financial Equity above €500,000equity €700,346 ▲67.4%
2 profitable years in a row build equity to €700,346.
29-04
NBB filing Annual accounts filed
financial year 2023 · full format
10-01
Gazette deed Resignations: JOSSERAND François Raymond Paul (manager) and PASCHALOUDIS Rigas (manager)
Appointments: JOSSERAND François Raymond Paul (director) and PASCHALOUDIS Rigas (director) · Registered office clause · Capital conversion12 facts ▸
  • Director resignation, JOSSERAND François Raymond Paul (manager)
  • Director resignation, PASCHALOUDIS Rigas (manager)
  • Director appointment, JOSSERAND François Raymond Paul (director (not named in the articles))
  • Director appointment, PASCHALOUDIS Rigas (director (not named in the articles))
  • Other provision, 13-12-2023
  • Other provision, “décharge aux gérants démissionnaires pour exécution du mandat, prochaine assemblée générale annuelle” (deed in French)
  • Registered office clause, “Avenue Jean Monnet 1,1348 Ottignies-Louvain-la-Neuve, Sixième résolution” (deed in French)
  • General meeting, 27-12-2023
  • Other provision, “Première résolution - adaptation aux CSA et maintien SRL, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
  • Capital conversion, “compte d'apport librement disponible” (deed in French)
  • Other provision, “formes et majorités de la modification des statuts, suppression compte de capitaux propres statutairement indisponible” (deed in French)
  • Amendment of the articles
2023
30-09
Financial Back to profitnet €353,418
Net result €353,418 after one loss-making year.
30-09
Financial Equity above €200,000equity €418,410 ▲544%
Equity rises from €64,992 to €418,410.
31-07
Gazette deed Resignation: Dr. Andreas HUTH (director)
Appointment: Rigas PASCHALOUDIS (director)5 facts ▸
  • General meeting, 04-07-2023
  • Director resignation, Dr. Andreas HUTH (director)
  • Director appointment, Rigas PASCHALOUDIS (director)
  • Board composition, Rigas PASCHALOUDIS (director)
  • Board composition, François JOSSERAND (director)
18-04
NBB filing Annual accounts filed
financial year 2022 · full format
Show earlier events
2022
30-09
Financial Weakest financial yearnet -€69,949
Net result drops to -€69,949, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
financial year 2021 · full format
2021
30-09
Financial Liquidity more than 11 timescurrent ratio 4.74
Current ratio from 0.43 to 4.74; short-term debt falls from €219,195 to €55,523.
30-09
Financial Equity above €100,000equity €134,940
A profit in every financial year since 2019 builds equity to €134,940.
30-04
NBB filing Annual accounts filed
financial year 2020 · full format
2020
19-05
NBB filing Annual accounts filed
financial year 2019 · full format · 19 days late
2019
20-05
NBB filing Annual accounts filed
financial year 2018 · full format · 20 days late
2018
29-05
NBB filing Annual accounts filed
financial year 2017 · full format · 29 days late
2017
18-05
NBB filing Annual accounts filed
financial year 2016 · full format · 18 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 29 annual accounts filed, the latest 10 are here; all 29 are under Financials.
3 of 10 deeds read
About the unread acts

Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded19-06-1997
Financial year end30-09
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460900052
Also 9925:BE0460900052
Registered 13-10-2025

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

Register as of 31 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

Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1997
registered office establishment The establishment unit on the map
Ground area
8.8 ha
Building footprint
654 m²
Building volume
3,995 m³
Parcel 25384A0101/00W000, Wallonia · tallest building 8.9 m. Linked by address, not a title deed.
32 companies at this address See who is registered here
1 establishment unit
BETA SYSTEMS SOFTWARE
Avenue Jean Monnet 1, 1348 Ottignies-Louvain-la-NeuveWholesale of information and communication equipment
since 1997unit no. 2.082.903.962
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
25384A0101/00W000 Wallonia 8.8 ha 1 · 654 m² 8.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’achat,la vente,l’importation,l’exportation,le négoce,l’installation et la mise en œuvre,l’entretien de produits informatiques et plus…” (deed in French)
2 activities (deed in French)
  1. L’achat,la vente,l’importation,l’exportation,le négoce,l’installation et la mise en œuvre,l’entretien de produits informatiques et plus particulièrement de logiciels,tant pour son propre compte que pour le compte de tiers,en Belgique et à l’étranger
  2. Accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement la réalisation

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BETA Systems Software
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, simple décision” (deed in French)

deed of 10-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, organe d’administration” (deed in French)
1 more provision on this in the deed

deed of 10-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cédées ou vendues” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)

deed of 10-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Titre V. Assemblée générale Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le 3ième…” (deed in French)

deed of 10-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes des modifications aux statuts, 26” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“27, dissolution pour quelque cause et à quelque moment” (deed in French)

deed of 10-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “En ce qui concerne cette gestion, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Assemblée générale par procédure écrite, décisions devant être reçues dans un acte authentique” (deed in French)
Other provision: “Participer aux délibérations et exercer droit de poser des questions, moyen de communication électronique mis à disposition par société” (deed in French)
Other provision: “Un administrateur ou, à défaut, actionnaire présent détenant le plus d'actions ou, en cas de parité, le plus âgé, séances - procès-verbaux…” (deed in French)
Other provision: “Délibérations de l'assemblée générale, 21” (deed in French)
Other provision: “Ordinaire ou extraordinaire, Prorogation de l'assemblée générale” (deed in French)
Other provision: “Répartition-réserves, 24” (deed in French)
Other provision: “Derniers comptes approuvés ou état plus récent, Préservation du patrimoine:distributions et jetons de présence” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, 28” (deed in French)
Other provision: “Communications,sommations,assignations,significations, Election de domicile” (deed in French)
Other provision: “Tribunaux du siège, affaires de la société et exécution des statuts” (deed in French)
Other provision: “Droit commun, 31” (deed in French)
Other provision: “Compte de capitaux propres statutairement indisponible” (deed in French)
Other provision: “Appels de fonds, actions libérées à leur émission” (deed in French)
Other provision: “Article 12 - Pouvoir d’administration et organe collégial, tous actes nécessaires ou utiles à la réalisation de l'objet social sauf réservés…” (deed in French)
4 more provisions in the deed, see the deed of 10-01-2024

deed of 10-01-2024