BVC-SOFT
ActiveSummary
BVC-SOFT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €448,856 and a net result of €51,998. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 263 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 32.46 against 31.96 in 2024; short-term debt: 2.7% and cash: 71.7% of total assets), and 2.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.3%
Return on assets
11.3%
Age of the figures
9 mo
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
83 d early
2023
55 d early
2022
53 d early
2021
59 d early
2020
50 d early
2019
50 d early
← 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 61 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€448,856▲ 13.1%
2024 · €396,858
Total assets
€461,221▲ 13.2%
2024 · €407,415
Net result
€51,998▼ 13.4%
2024 · €60,066
Working capital
€389,026▲ 19.0%
2024 · €326,887
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€63,260▲ 1,108%€63,579▲ 0.5%€89,268▲ 40.4%€82,052▼ 8.1%€69,950▼ 14.7%
Net result€43,617▲ 3,681%€43,833▲ 0.5%€64,549▲ 47.3%€60,066▼ 6.9%€51,998▼ 13.4%
Equity€353,410▲ 7.2%€277,243▼ 21.6%€336,792▲ 21.5%€396,858▲ 17.8%€448,856▲ 13.1%
Total assets€380,099▲ 1.7%€287,667▼ 24.3%€353,800▲ 23.0%€407,415▲ 15.2%€461,221▲ 13.2%
Debt€26,690▼ 39.3%€10,424▼ 60.9%€17,008▲ 63.2%€10,557▼ 37.9%€12,365▲ 17.1%
Working capital€309,097▲ 15.5%€250,774▼ 18.9%€331,994▲ 32.4%€326,887▼ 1.5%€389,026▲ 19.0%
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; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461,221
Fixed assets
€59,830 ▼ 14.5%
Current assets
€401,391 ▲ 19.0%
Equity and liabilities €461,221
Equity
€448,856 ▲ 13.1%
Debt
€12,365 ▲ 17.1%
Debt's share of the balance-sheet total rises from 2.6% to 2.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€87,921▼
2024 · €98,514
Cash flow
€69,969▼
2024 · €76,527
Current ratio
32.46▲
2024 · 31.96
Debt to equity
0.03▲
2024 · 0.03
ROE
11.6%▼
2024 · 15.1%
ROA
11.3%▼
2024 · 14.7%
Interest coverage
743.77▼
2024 · 954.68
Debt ≤ 1 year
€12,365▲
2024 · €10,557
Income taxes
€20,677▼
2024 · €23,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €77 | - | €14,853 | €10,000 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,844 | €17,844 | €363 | €16,462 | €17,971 | ▲ 9.2% |
| Other operating charges640/8 | €2,667 | €1,480 | €951 | €726 | €1,300 | ▲ 79.1% |
| Gross operating margin9900 | €83,771 | €82,903 | €90,582 | €99,240 | €89,221 | ▼ 10.1% |
| Operating profit (loss)9901 | €63,260 | €63,579 | €89,268 | €82,052 | €69,950 | ▼ 14.7% |
| Financial income75/76B | €30 | - | €684 | €1,682 | €2,842 | ▲ 69.0% |
| Recurring financial income75 | €30 | - | €684 | €1,682 | €2,842 | ▲ 69.0% |
| Financial charges65/66B | €73 | €83 | €68 | €103 | €118 | ▲ 14.6% |
| Recurring financial charges65 | €73 | €83 | €68 | €103 | €118 | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | €63,218 | €63,496 | €89,885 | €83,631 | €72,675 | ▼ 13.1% |
| Income taxes67/77 | €19,601 | €19,663 | €25,336 | €23,565 | €20,677 | ▼ 12.3% |
| Profit (loss) for the period9904 | €43,617 | €43,833 | €64,549 | €60,066 | €51,998 | ▼ 13.4% |
| Profit (loss) for the period to be appropriated9905 | €43,617 | €43,833 | €64,549 | €60,066 | €51,998 | ▼ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €380,099 | €287,667 | €353,800 | €407,415 | €461,221 | ▲ 13.2% |
| Fixed assets21/28 | €44,313 | €26,469 | €4,799 | €69,971 | €59,830 | ▼ 14.5% |
| Tangible fixed assets22/27 | €44,313 | €26,469 | €4,799 | €69,971 | €59,830 | ▼ 14.5% |
| Plant, machinery and equipment23 | - | - | €2,075 | €1,591 | €8,463 | ▲ 432% |
| Furniture and vehicles24 | €44,313 | €26,469 | €2,723 | €68,380 | €51,366 | ▼ 24.9% |
| Current assets29/58 | €335,786 | €261,198 | €349,002 | €337,444 | €401,391 | ▲ 19.0% |
| Amounts receivable within one year40/41 | €17,035 | €18,378 | €15,724 | €18,871 | €36,739 | ▲ 94.7% |
| Trade receivables40 | €14,266 | €13,473 | €12,681 | €15,682 | €31,363 | ▲ 100% |
| Other amounts receivable41 | €2,770 | €4,905 | €3,044 | €3,189 | €5,376 | ▲ 68.5% |
| Current investments50/53 | - | - | - | - | €30,000 | - |
| Cash at bank and in hand54/58 | €317,377 | €241,531 | €332,413 | €317,522 | €330,554 | ▲ 4.1% |
| Deferred charges and accrued income490/1 | €1,374 | €1,289 | €865 | €1,051 | €4,098 | ▲ 290% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €380,099 | €287,667 | €353,800 | €407,415 | €461,221 | ▲ 13.2% |
| Equity10/15 | €353,410 | €277,243 | €336,792 | €396,858 | €448,856 | ▲ 13.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €300,037 | €223,870 | €288,420 | €348,485 | €400,483 | ▲ 14.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €298,177 | €222,010 | €288,420 | €348,485 | €400,483 | ▲ 14.9% |
| Profit (loss) carried forward14 | €40,973 | €40,973 | €35,973 | €35,973 | €35,973 | = |
| Amounts payable17/49 | €26,690 | €10,424 | €17,008 | €10,557 | €12,365 | ▲ 17.1% |
| Amounts payable within one year42/48 | €26,690 | €10,424 | €17,008 | €10,557 | €12,365 | ▲ 17.1% |
| Trade debts44 | €720 | €540 | €207 | €411 | €482 | ▲ 17.2% |
| Suppliers440/4 | €720 | €540 | €207 | €411 | €482 | ▲ 17.2% |
| Taxes, remuneration and social security45 | €12,510 | €9,884 | €16,779 | €10,146 | €11,644 | ▲ 14.8% |
| Taxes450/3 | €10,466 | €7,844 | €14,029 | €10,146 | €8,886 | ▼ 12.4% |
| Remuneration and social security454/9 | €2,044 | €2,040 | €2,750 | - | €2,758 | - |
| Other amounts payable47/48 | €13,460 | - | €21 | - | €238 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,617 | €43,833 | €64,549 | €60,066 | €51,998 | ▼ 13.4% |
| + Depreciation and write-downs630 | €17,844 | €17,844 | €363 | €16,462 | €17,971 | ▲ 9.2% |
| Operating cash flow (approximation) | €61,460 | €61,677 | €64,912 | €76,527 | €69,969 | ▼ 8.6% |
| Investment in fixed assets (approximation) | - | €0 | €21,308 | -€81,634 | -€7,830 | ▲ 90.4% |
| Change in cash | - | -€75,846 | €90,881 | -€14,891 | €13,032 | ▲ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €64,549 ▲47.3%
Operating result €89,268, net result €64,549, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €1,154 ▼97.3%
Net result drops to €1,154, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Temse · 1 establishment unit since 1996
Ground area
650 m²
Building footprint
103 m²
Volume, LiDAR
465 m³
Parcel 46008A0737/00B002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Lokers 13, 9140 Temse
since 19962.078.853.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A0737/00B002 | Flanders | 650 m² | 1 · 103 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845004F64CF05A2C025
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Of 1,289 companies in sector 58290 we hold annual accounts for 594. 402 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458918084
Registered
05-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.