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BUILD-SOFTWARE

Active Private limited companyfounded 1997active for 29 yearsBegijnendijksesteenweg 59, 2230 HerseltKBO/BCE: BE 0460.975.573 subsidiary of BUILD-SOFTWARE Holding#2 company by equity in Herselt, Telecoms and IT sector
BUILD-SOFTWARE
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Overview

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €1.9m (2023)
€1.3m▼ 19.7%
lowest -€146,851 (2024)
-€12,217▲ €134,634
peak €1.0m (2024)
€1.0m▼ 1.2%
€1.2m▼ 2.8%
peak 24.3 FTE (2023)
13.7 FTE▼ 31.2%
Board4 names since 2020
3 directorsBV Solutio Apta and 2 others
Owners3 names in the annual accounts
100%BUILD-SOFTWARE Holding
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €1.6m to €1.3mLoss of €12,217Staff from 19.9 FTE to 13.7 FTE1 director appointed, 1 resignation 29-01Capital contribution: inbreng in natura van twee schuldvorder… 10-01

Key points

from the 2025 annual accounts

Losses

-€240,445 in three years
-81,3772023-146,8512024-12,2172025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Turnover

≈ €2.2m estimated

The abbreviated format states no turnover.

Staff

13.7 FTE from 24.3 in 2023

Between 2023 and 2025, 44% of the full-time equivalents disappeared.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 30 to 129 days before the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 24-06-2026 · 3 in office.

Position in the sector

-€12,217

Lower net result than 81% of companies in computer programming and consultancy. Sector median €22,956 · 3,406 companies.

Checked score

88
Excellent
Financially stronger than 38% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Average

70=equity 45.3% of total assets
44+6short-term debt 41.6% · cash 10.7%
34+23return on assets -0.5%

Score breakdown

raises risk
Size: 13.7 FTE, total assets €2.3m
Loss of €12,217, the second in a row (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €1.0m (45.3% of total assets)
Calculation

The band follows from the bankruptcy probability. 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, small). It does better than 57% of them on solvency, 45% on liquidity, 23% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as BUILD-SOFTWARE has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BUILD-SOFTWARE itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for BUILD-SOFTWARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.22 (1.04 in 2024), below the usual 1.5. Short-term debt is 41.6% and cash 10.7% of total assets. 54.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Size: 13.7 FTE, total assets €2.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €12,217, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €1.0m (45.3% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€12,217
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
35 days early
2023
30 days early
2022
88 days early
2021
129 days early
2020
33 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 58 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BS
BV Solutio Apta
Managing director, Robert van Dessel
BS
BUILD-SOFTWARE Holding
Director, Paul KERKHOFS
BW
Balaena Works
Director, Bram KERKHOFS
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0460975573
New director Balaena Works bv appointed, VERBIST VALUE ADDING CONSULTANCY vof resigned · General meeting of 24-06-2026 · Gazette deed
1 director appointed, 1 resignation Resignation: Build-Software S.A.R.L · Appointment: BUILD-SOFTWARE Holding · Permanent representative: Paul KERKHOFS · General meeting of 01-01-2025 · Gazette deed
Capital contribution: inbreng in natura van twee schuldvorderingen Build-Software Holding is a shareholder · General meeting of 23-12-2024 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
BUILD-SOFTWARE Herselt €2.3m €1.3m 45.3% 13.7
AUTOMOTIVE SYSTEMS Bornem €2.4m €1.9m 23.8% 11.3
Licquid Antwerp €1.9m €1.0m 60.1% 9.1
MULTIMEDIUM Hoogstraten €1.7m €1.3m 69.6% 12.4
ACOM INFORMATICA BEGELEIDERS Antwerp €3.0m €1.6m 32.0% 18.4
Bisoft Mont-Saint-Guibert €1.8m €1.1m 18.9% 13.3
ACTIA Telematics Services Namur €2.3m €1.6m 59.0% 15

These companies have the same main activity as BUILD-SOFTWARE: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.7m and €3m, founded between 1995 and 2004.

Official details

Source: KBO
Status
Active since 09-07-1997Normal situation
Activity
Computer programmingNACE 62100and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.082.603.0642230 Herselt, since 14-07-1997
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€1.3m▼ 19.7%
€12,217▼ 91.7%
€1.0m▼ 1.2%
€2.3m▼ 2.1%
Employeeson 31-12-2025
11▼ 31.3%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Companies linked to BUILD-SOFTWARE

Insights on BUILD-SOFTWARE

BUILD-SOFTWARE files the abbreviated format. That format states no turnover. The gross margin rose from €98,713 in 2006 to €1.3m in 2025.

BUILD-SOFTWARE Holding holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 24-06-2026, 37 days before the deadline
€1.3m
▼ 19.7%
€7,088
▲ €121,406
€32,484
▲ €113,639
€13,179
▲ €126,867
45.3%
▲ 0.4 percentage points
1.22
▲ 0.18
In the rankings #2 company by equity in Herselt, Telecoms and IT sector#2 oldest company in Herselt, Telecoms and IT sector#3 company by total assets in Herselt, Telecoms and IT sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €2.3m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

45.3%

Higher than 49% of 3,406 companies in 2025.

1.22

Higher than 32% of 3,267 companies in 2025.

-0.5%

Higher than 24% of 3,315 companies in 2025.

BUILD-SOFTWARE Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

€86,760

Staff costs divided by the average number of full-time equivalents.

-5 people

people who joined people who left

In 2025, 1 person joined and 6 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.3m2.3m2.2m1.9m1.5m1.1m643,891662,551467,241308,283245,365257,709225,841211,408203,036159,879123,400100,06587,466108,179
21/28 1.1m1.1m802,866138,73574,70651,13368,00958,28036,45331,76231,46543,32614,77522,99834,1308,5437,5607,8718,63116,228
21 1.1m1.1m736,60988,672----------------
22/27 56,08744,99866,25750,06474,70651,13355,23950,46932,65429,15929,39140,15214,77522,99834,1308,5437,5607,8718,63116,228
22 --011,6593,317--------------
23 21,1572,683---1,9423,884-------------
24 29,82732,18150,70528,44149,84122,28222,66428,71524,02023,39027,19837,41111,34922,99833,9628,2077,0577,2008,63116,228
26 5,10310,13415,55321,62223,20723,59128,69221,7548,6345,7692,1932,7413,426-168336504671--
28 ------12,7697,8123,7992,6032,0743,174--------
29/58 1.2m1.2m1.4m1.7m1.4m1.0m575,882604,271430,788276,521213,900214,383211,066188,410168,907151,335115,83992,19478,83591,951
40/41 863,060957,7791.1m1.4m1.0m649,041418,595318,490373,244164,438115,66772,21253,81484,82737,27245,40536,18979,12758,13362,796
40 863,060911,8841.0m1.4m824,400649,041405,461318,490373,244164,438115,04371,73649,33883,62931,59141,64434,92776,67049,90861,239
41 045,89554,89516,547177,766-13,134---6244764,4761,1995,6823,7611,2622,4578,2261,557
50/53 48547830330230230211811811811870,62980,54365,36791,94181,58870,3478989891,089
54/58 244,717238,200285,093341,518421,508355,305157,169285,66257,426111,19225,20860,85191,41011,14449,69034,61478,06211,51619,87927,067
490/1 46,38317,43448,4576,4961,2321,224---7722,3967764744983569691,4991,4627331,000
Balance sheet: equity and liabilities
10/49 2.3m2.3m2.2m1.9m1.5m1.1m643,891662,551467,241308,283245,365257,709225,841211,408203,036159,879123,400100,06587,466108,179
10/15 1.0m1.0m693,080774,457534,067367,324104,761196,724184,091175,899188,585159,413161,372155,942127,614118,55987,08669,69460,30561,467
10/11 775,172775,172275,172275,172275,172275,17218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
13 258,841271,058417,909499,286258,89692,15286,169177,628164,996156,804167,804138,631140,590134,590106,59097,59065,59046,78137,97339,164
130/1 1,8591,8591,8591,8591,8591,859--------------
130 ------1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 1,8591,8591,8591,8591,8591,859--------------
132 8,0706,2414,4122,40875510,73110,73110,73110,73110,73110,73110,73110,73110,73110,73110,73110,73111,92213,11314,305
133 248,912262,957411,637495,019256,28179,56273,579165,039152,406144,214155,214126,042128,000122,00094,00085,00053,00033,00023,00023,000
14 -------5035035032,1902,1902,1902,7602,4332,3772,9044,3213,7403,710
16 -----------------3977931,190
168 -----------------3977931,190
17/49 1.2m1.3m1.5m1.1m965,847689,681539,130465,827283,150132,38456,78098,29564,46955,46675,42241,32036,31329,97526,36845,522
17 13,30920,84228,051017,42320,64433,97047,07827,81828,2062,2835,642-3,4436,776----2,706
170/4 13,30920,84228,051017,42320,64433,97047,07827,81828,2062,2835,642-3,4436,776----2,706
42/48 948,0501.2m1.4m1.0m585,382657,571505,160394,180255,333104,17851,24792,65464,46952,02268,64641,32036,31329,97526,36842,816
42 7,533377,209376,898217,42325,814113,32663,10817,53310,4897,2283,3593,2813,4433,3323,224---2,7062,841
43 392,424111,343126,04016,50782,18162,3558,67024,73718,5006,897---------3,053
430/8 392,424111,343126,04016,50782,18162,3558,67024,73718,5006,897---------3,053
44 363,755415,952645,952485,994323,721378,732328,345248,949177,14858,67124,1356,3376,9946,29410,4073,11410,51911,4179,95421,837
440/4 363,755415,952645,952485,994321,715362,137328,345246,399177,14858,67116,9756,3375,5946,29410,4073,11410,51911,4179,95421,837
441 ----2,00616,595-2,550--7,161-1,400-------
46 21,15313,4388,1719,164----------------
45 163,186249,464220,428273,595153,666102,016103,96497,64849,19731,38123,75337,58133,09718,55925,02718,19720,80917,03813,70715,085
450/3 18,65428,87321,30749,99836,24416,9502,21353,39418,89111,8726,88613,23820,37510,10116,00915,47317,37013,7369,91812,183
454/9 144,531220,591199,122223,597117,42285,066101,75244,25430,30619,51016,86724,34412,7228,4589,0182,7243,4383,3023,7902,902
47/48 -----1,1421,0725,312---45,45420,93423,83829,98920,0094,9861,520--
492/3 285,51794,569117,50795,000363,04211,467-24,570--3,250---------
Income statement
70 --4.7m4.2m3.4m---------------
76A 44,13556,2869,2333,306-3,653---2,361----2,000331----
9900 1.3m1.6m1.9m1.8m1.5m776,632633,144536,555330,851185,988190,861192,385142,788132,28397,427112,660103,870109,139101,61398,713
60/61 --3.5m2.8m2.0m---------------
62 1.2m1.6m2.0m1.4m1.2m760,752694,564480,680295,892173,134117,161122,998112,44968,54964,00955,02169,19181,14592,61172,339
630 25,39633,16334,907122,25620,02413,78219,28219,72913,99610,28910,76125,36215,09716,76516,0786,6568,7795,6967,59713,920
631/4 019,1579,4520152----3,5903,368-15,176---1,740-3,0005,000-6,3532,025
635/8 -0-95,000095,000---------------
640/8 43,6623,91610,0708,96115,8134,5855,2785,2993,66210,0414,42121,5971,0791,7241,7155874,2683,1577,143829
66A 012,000---145---1,397----------
9901 7,088-114,318-55,422299,089203,878-2,631-85,98030,84717,301-12,46255,15137,60414,16245,24415,62548,65524,63214,1416169,600
75/76B 1025172,64516,6201204871,2411463206071,7911,53937057273697
75 1025172,64516,6201204871,2411463206071,7911,53937057273697
65/66B 16,49028,45320,8297,2537,9445,3633,8793,2931,2621,1142,7242,2532,0192,5102,1161,3444966321,193768
65 16,49028,45320,8297,2537,9445,3633,8793,2931,2621,1142,7242,2532,0192,5102,1161,3444966321,193768
9903 -9,392-142,746-76,250291,843198,5798,627-89,85827,57516,526-12,33652,57335,67112,75044,52617,04948,01224,19313,536-5428,928
67/77 2,8244,1055,12751,45331,8362,6432,10514,9428,33435123,40117,6304,92113,7985,59314,1397,1984,5441,0163,485
9904 -12,217-146,851-81,377240,390166,7435,983-91,96312,6338,192-12,68729,17218,0427,82930,72811,45633,87317,3929,389-1,1615,841
789 ---010,731-----------1,1911,1911,1911,191
689 1,8291,8292,0051,652755---------------
9905 -14,045-148,680-83,382238,737176,7195,983-91,96312,6338,192-12,68729,17218,0427,82930,72811,45633,87318,58310,580307,032
Appropriation of the result
9906 -14,045-148,680-83,382238,737176,7195,983-91,46013,1368,696-10,49731,36220,23110,59033,16013,83336,77722,90414,3213,74011,110
791/2 14,045148,68083,382---91,460--11,000-20,000--------
691/2 --0238,737176,7195,983-12,6338,192-29,17218,0426,00028,0009,00032,00020,00010,000-5,000
6921 --0238,737176,7195,983-12,6338,192-29,17218,0426,00028,0009,00032,00020,00010,000-5,000
694/7 -----------20,0002,4002,4002,4002,400---2,400
694 -----------20,0002,4002,400------
695 --------------2,4002,400---2,400
Social balance sheet
9087 13.719.924.319.117.813.312.18.25.232.121.91.31111.81.92
Hours worked1013 22,26032,58341,08431,86629,20719,98018,43813,2148,9475,2733,6783,6583,6212,2781,8681,7401,8323,0463,2373,450
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 24-06-2026 2026-00190849 PDF
31-12-2024 abbreviated format 26-06-2025 2025-00179814 PDF
31-12-2023 abbreviated format 01-07-2024 2024-00193826 PDF
31-12-2022 abbreviated format 04-05-2023 2023-00078737 PDF
31-12-2021 abbreviated format 24-03-2022 2022-08400412 PDF
31-12-2020 abbreviated format 28-06-2021 2021-24900126 PDF
31-12-2019 abbreviated format 08-06-2020 2020-15000092 PDF
31-12-2018 abbreviated format 12-06-2019 2019-17200595 PDF
31-12-2017 abbreviated format 22-06-2018 2018-21000112 PDF
31-12-2016 abbreviated format 20-06-2017 2017-18000287 PDF
31-12-2015 abbreviated format 26-05-2016 2016-13200222 PDF
31-12-2014 abbreviated format 13-07-2015 2015-29200580 PDF
31-12-2013 abbreviated format 19-06-2014 2014-18600018 PDF
31-12-2012 abbreviated format 23-05-2013 2013-12600302 PDF
31-12-2011 abbreviated format 04-06-2012 2012-14200576 PDF
31-12-2010 abbreviated format 15-04-2011 2011-08400079 PDF
31-12-2009 abbreviated format 14-06-2010 2010-16800368 PDF
31-12-2008 abbreviated format 02-07-2009 2009-32700089 PDF
31-12-2007 abbreviated format 30-06-2008 2008-30300016 PDF
31-12-2006 abbreviated format 02-07-2007 2007-31400155 PDF
31-12-2005 abbreviated format 26-06-2006 2006-30501760 PDF
31-12-2004 abbreviated format 05-07-2005 2005-42202233 PDF
31-12-2003 abbreviated format 20-07-2004 2004-48502618 PDF
31-12-2002 abbreviated format 24-07-2003 2003-49303336 PDF
31-12-2001 abbreviated format 12-07-2002 2002-37300015 PDF
31-12-2000 abbreviated format 28-06-2001 2001-29004692 PDF
31-12-1999 abbreviated format 22-06-2000 2000-26301705 PDF
31-12-1998 abbreviated format 06-07-1999 1999-30602604 PDF

Subsidies and aid

Flemish government 2022 to 2024, 3 entries, €3,906 awarded, €5,256 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€3,906
Year Entries AwardedPaid
2024 1 €2,513€2,513
2023 1 €227€1,577
2022 1 €1,166€1,166

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
32,484-81,155-20,515421,345223,90211,151-66,69850,57631,297-2,17365,91262,96629,25962,01031,70355,31233,41019,8378,21323,519
13,179-113,688-46,470362,646186,76819,765-72,68032,36222,188-2,39839,93343,40322,92747,49327,53440,52926,17115,0856,43619,760
36,485354,538699,417186,28543,59713,82029,01141,55618,68738,593-1,10053,9136,8745,63441,6657,6398,4684,93702,006
6,517-46,893-56,425-79,99166,203198,136-128,493228,236-53,76585,983-35,642-30,55980,266-38,54515,076-43,44866,545-8,363-7,188-
206,59446,48635,772730,722839,827348,30270,722210,091175,456172,343162,653121,729146,597136,388100,260110,01679,52662,21952,46849,135
---1.2%7.2%6.0%---------------
45.3%44.9%31.3%41.4%35.6%34.8%16.3%29.7%39.4%57.1%76.9%61.9%71.5%73.8%62.9%74.2%70.6%69.6%68.9%56.8%
1.221.041.031.732.431.531.141.531.692.654.172.313.273.622.463.663.193.082.992.15
1.211.232.201.421.811.885.152.371.540.750.300.620.400.360.590.350.420.430.440.74
-1.2%-14.0%-11.7%31.0%31.2%1.6%-87.8%6.4%4.5%-7.2%15.5%11.3%4.9%19.7%9.0%28.6%20.0%13.5%-1.9%9.5%
-0.5%-6.3%-3.7%12.8%11.1%0.6%-14.3%1.9%1.8%-4.1%11.9%7.0%3.5%14.5%5.6%21.2%14.1%9.4%-1.3%5.4%
1.97-2.85-0.9858.09----------------
--80 days119 days89 days---------------
--68 days64 days58 days---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date11162622
full-time10162420
part-time1022
in full-time equivalents10.81625.621.6
13.719.924.319.1
On a permanent contract11162622
Joined14910
Left61457

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets€36,485€20,991€51,479€8,942
Intangible fixed assets-€333,547€647,938€177,343
€25,396€33,163€34,907€122,256

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on BUILD-SOFTWARE

The operating result for 2025 is a profit of €7,088, after a loss of €114,318 in 2024. It is the highest result since 2022.

Debt's share of the balance-sheet total falls from 55.1% to 54.7%. Equity and debt are lower.

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in June 2026
BUILD-SOFTWARE Holding BV
Director, permanent representative Paul KERKHOFS
appointed by deed of 29-01-2025 6-year term from 2025
listed in the 2025 annual accounts, filed on 24-06-2026
Balaena Works BV
Director (not named in the articles), permanent representative Bram KERKHOFS
appointed by deed of 15-07-2026 term without a fixed end
BV Solutio Apta
Director (not named in the articles) and managing director, permanent representative Robert van Dessel
director (not named in the articles) appointed by deed of 23-09-2020 managing director appointed by deed of 24-11-2023 term without a fixed end
earlier manager, until 23-09-2020
earlier director, until 17-09-2024
BV Solutio Apta
Permanent representatives 3
Paul KERKHOFS
Permanent representative, for BUILD-SOFTWARE Holding
appointed by deed of 29-01-2025
Bram KERKHOFS
Permanent representative, for Balaena Works
appointed by deed of 15-07-2026
Robert van Dessel
Permanent representative, for BV Solutio Apta
appointed by deed of 23-09-2020

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
BV Solutio Apta
Director (not named in the articles)
BUILD-SOFTWARE Holding
Director
Balaena Works
Director (not named in the articles)
VERBIST VALUE ADDING CONSULTANCY
Director
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • BV Solutio Apta
    • Director (not named in the articles), appointed by deed of 23-09-2020, until 17-09-2024
    • Manager, until 23-09-2020
    • Director (not named in the articles), since before 18-10-2023
    • Managing director, appointed by deed of 24-11-2023, until 17-09-2024
  • BUILD-SOFTWARE Holding
    • Director, since before 31-12-2023
  • Balaena Works
    • Director (not named in the articles), appointed by deed of 15-07-2026, still in office
  • VERBIST VALUE ADDING CONSULTANCY
    • Director, appointed by deed of 17-09-2024, until 24-06-2026

See the board, name and registered office on a given date →

Control

Parent
BUILD-SOFTWARE Holding
Equity €2.1m
Profit €20,051 in 2025 (loss €22,001 in 2024)
Source: accounts BUILD-SOFTWARE Holding 2025
100%
This company
BUILD-SOFTWARE
Equity €1.0m
Loss €12,217 in 2025

Further up the chainPates Consulting 76.91%SWBPC 100%

Capital

Contribution
€775,171.57
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
BUILD-SOFTWARE Holding
100%
100%
SOLUTIO APTA
51%99.87%37.5%
37.5% until 2024
Pates Consulting
24.9%
24.9% until 2024
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 23-09-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 10-01-2025 ↗
After the capital increase deed of 23-09-2020 ↗
Capital over time
  1. 23-09-2020 Converted to unavailable equity · €18,592.01
  2. 23-09-2020 Capital increase of €256,579.56 · to €275,171.57 · 186 new shares at €1,379.46 per share · in cash

Network & group

Group

BUILD-SOFTWARE Holding has 3 direct subsidiaries in 3 countries (2025 accounts), the bar shows equity in euros
ParentBUILD-SOFTWARE Holding3 holdings, 3 countries 2025 accounts

Belgium 1 Year Equity Result

  • BE Build-Software 2025€1.0m result -€12,217 (2025)

Europe 1 Year Equity Result

  • NL Build-Software Nederland 2024€7,960 result -€4,868 (2024)

Africa 1 Year Equity Result

  • MA Build Oasis Marokko80% 2024€30,307 result €11,068 (2024)

Source: list of holdings in the 2025 accounts of BUILD-SOFTWARE Holding. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group SWBPC Group, risk and exposure

Earlier ties

NORRIQ Belgium
via SOLUTIO APTA, no longer at NORRIQ Belgium · Director · deed of 17-05-2010
founded in 1998
 84 FTE (2025)

Connections & network

Depth

The network starts from the earlier ties.

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

Timeline

Timeline

47 events since 1997

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0460975573
New directorBalaena Works bv appointed, VERBIST VALUE ADDING CONSULTANCY vof resigned · General meeting of 24-06-20263 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBabbreviated format · 37 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 35 days before the deadline
1 director appointed, 1 resignationResignation: Build-Software S.A.R.L · Appointment: BUILD-SOFTWARE Holding · Permanent representative: Paul KERKHOFS · General meeting of 01-01-20254 points ▸

Open the deed in the Belgian Official Gazette

Capital contribution: inbreng in natura van twee schuldvorderingenBuild-Software Holding is a shareholder · General meeting of 23-12-20242 points ▸

Open the deed in the Belgian Official Gazette

2024
Weakest financial year net -€146,851 The net result drops to -€146,851, the lowest from 2006 to 2025. It recovers the following year.
Equity above €1m equity €1.0m ▲51% Equity rises from €693,080 to €1.0m.
1 director appointed, 1 resignationChange of role: BUILD-SOFTWARE S.A.R.L, from managing director to director · Resignation: SOLUTIO APTA BV (managing director) · Permanent representatives: Robert van Dessel, Stephan Hougaerts, Paul Kerkhofs and Luc Verbist · General meeting of 09-08-202412 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 30 days before the deadline
2023
1 director appointed, 1 reappointmentReappointment: BV Solutio Apta (director) · Permanent representatives: ROBERT VAN DESSEL, STEPHAN HOUGAERTS and Build-Software S.A.R.L. · Appointment: BV Solutio Apta (managing director) · General meeting of 18-10-20237 points ▸
  • General meeting, 18-10-2023
  • Board meeting, 18-10-2023
  • Director reappointment, BV Solutio Apta (director (not named in the articles))
  • Permanent representative, ROBERT VAN DESSEL, mentioned twice in the deed
  • Permanent representative, STEPHAN HOUGAERTS
  • Director appointment, BV Solutio Apta (managing director)
  • Permanent representative, Build-Software S.A.R.L.
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 88 days before the deadline
2022
Highest result from 2006 to 2025 net €240,390 ▲44.2% The operating result of €299,089 and the net result of €240,390 are both a record.
Annual accounts 2021 filed PDFabbreviated format · 129 days before the deadline
2021
Equity above €500,000 equity €534,067 ▲45.4% After 2 profitable years in a row, equity reaches €534,067.
Annual accounts 2020 filed PDFabbreviated format · 33 days before the deadline
2020
Back to profit net €5,983 The net result is €5,983, after one loss-making year.
Equity above €200,000 equity €367,324 ▲251% Equity rises from €104,761 to €367,324.
Company renamed from ECQ Applications to BUILD-SOFTWARECapital increase of €256,579.56 to €275,171.57 · Capital from €18,592.01 to €275,171.57, 186 new shares · 186 shares · General meeting of 11-09-20207 points ▸
  • General meeting, 11-09-2020
  • Name change, BUILD-SOFTWARE
  • Capital increase, €256,579.56
  • Director resignation, SOLUTIO APTA (manager)
  • Director appointment, SOLUTIO APTA (director (not named in the articles))
  • Permanent representative, VAN DESSEL Robert
  • Registered office clause, Begijnendijksesteenweg 59, 2230 Herselt
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 53 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 49 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 39 days before the deadline
2017
Back to profit net €8,192 The net result is €8,192, after one loss-making year.
Annual accounts 2016 filed PDFabbreviated format · 41 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 66 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 18 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 42 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 69 days before the deadline
2012
Equity above €150,000 equity €155,942 ▲22.2% After 5 profitable years in a row, equity reaches €155,942.
Annual accounts 2011 filed PDFabbreviated format · 57 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 107 days before the deadline
2010
Equity above €100,000 equity €118,559 ▲36.1% After 3 profitable years in a row, equity reaches €118,559.
Annual accounts 2009 filed PDFabbreviated format · 47 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 29 days before the deadline
2008
Back to profit net €9,389 The net result is €9,389, after one loss-making year.
Annual accounts 2007 filed PDFabbreviated format · 31 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 29 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1997
First establishment BUILD SOFTWARE, Begijnendijksesteenweg 59, Herselt
Incorporation published on 19-07-1997

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 9 July 1997, BUILD-SOFTWARE was incorporated.1 The name was changed to BUILD-SOFTWARE in 2020.2 A capital increase in 2020 brought the capital to €275,172.2 Turnover went from €3.4m in 2021 to €4.7m in 2023 and headcount from 8.2 full-time equivalents in 2018 to 13.7 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-09-2020
  3. 3National Bank, annual accounts 2018, 2021, 2023 and 2025

Company details

Identity

Enterprise number
0460.975.573
VAT number
BE 0460.975.573
Peppol ID
0208:0460975573
Legal form
Private limited company
Status
Active, normal situation
Founded
09-07-1997
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00
deed of 23-09-2020 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BUILD-SOFTWARE in Dutch
Former name
ECQ Applications until the deed of 23-09-2020
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-09-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 23-09-2020 (in Dutch)

Activities

NACEBEL 2025
VAT activities
62100 Computer programming main activity
85599 Other education
Social security (RSZ) activities
62100 Computer programming main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
62010 Computer programming, consultancy and related activities main activity
85599 Other education
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity
Codes under NACEBEL 2003
VAT activities
72220 main activity
Social security (RSZ) activities
72220 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle activiteiten in verband met informatica; deze formulering omvat eveneens al wat in de sector,waarin de onderneming actief zal zijn…”
3 activities
  1. Alle activiteiten in verband met informatica; deze formulering omvat eveneens al wat in de sector,waarin de onderneming actief zal zijn gebruikelijk is of zou worden
  2. Alle industriële,commerciële,financiële verrichtingen zowel betreffende roerende als onroerende goederen,die rechtstreeks of onrechtstreeks met het bovenstaande verband houden of de verwezenlijking ervan kunnen bevorderen
  3. Op gelijk welke wijze deelnemen in of samenwerken met vennootschappen of ondernemingen die een gelijkaardig of complementaire voorwerp hebben en meer algemeen telkens wanneer deze deelname of samenwerking het verwezenlijken van het voorwerp kan bevorderen of veilig stellen
deed of 23-09-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
BUILD SOFTWARE registered office Begijnendijksesteenweg 59, 2230 Herselt 14-07-1997 2.082.603.064

Buildings and parcels at the address

Ground area
1,420 m²
Buildings
137 m²
Volume, LiDAR
677 m³
Tallest building
7.4 m
Buildings to scale, each on its own parcel
137 m², 7.4 m 137 m², 7.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13034I0381/00K0001,420 m² 1 · 137 m² 7.4 m · 2

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