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COMPUTER PROGRAMMING SERVICES

Active Private limited companyfounded 1989active for 37 yearsPolitieke Gevangenenstraat 22, 8530 HarelbekeKBO/BCE: BE 0437.136.042 #1 company by total assets in Harelbeke, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1990
peak €930,732 (2026)
€930,732▲ 11.0%
lowest -€58,254 (2011)
€69,024▲ 260%
peak €1.3m (2026)
€1.3m▲ 4.2%
€3.3m▼ 6.4%
peak 8.5 FTE (2026)
8.5 FTE▲ 10.4%
Board2 names since 1989
Documentsfilings and deeds
29-10-20262 days before the deadline
2026abbreviated format
Result from €19,177 to €69,024Staff from 7.7 FTE to 8.5 FTECash from €39,055 to €143,560

Key points

from the 2026 annual accounts

Equity

€1.3m ▲ 4.2%

COMPUTER PROGRAMMING SERVICES has made a profit without a break since 2017.

Turnover

≈ €2.5m estimated

The abbreviated format states no turnover.

Debts

€3.3m 71% of the balance sheet
Financial debts 55%Suppliers 5%Taxes and wages 11%Other 29%

€1.7m of the debts are secured on the company's own assets. In 2022 that was €206,095.

Investments

€14,585 0.1 × depreciation
20222023202420252026

Green is investment, beige is depreciation. Machinery stands 111.7% higher than in 2025.

Filings

37 annual accounts since 1990
deadline1990200020102020

Five of the last ten came late. The 2023 accounts came latest: 36 days after the end of the period.

Position in the sector

€1.3m

More equity than 90% of companies in computer programming and consultancy. Sector median €180,443 · 141 companies.

Checked score

83
Excellent
Financially stronger than 26% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.2 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.3%▼ -0.4 percentage points vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Weak

54+3equity 28.6% of total assets
25+3short-term debt 55.9% · cash 3.1%
43+8return on assets 1.5%

Score breakdown

raises risk
Liquidity: current ratio 1.26, cash €143,560
Size: 8.5 FTE, total assets €4.7m
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Founded in 1989
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, micro). It does better than 28% of them on solvency, 9% on liquidity, 19% on profitability and 49% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-03-2026.

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, 3,984 companies had the same profile as COMPUTER PROGRAMMING SERVICES has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of COMPUTER PROGRAMMING SERVICES itself: 0.3% 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 3,984 companies, not a prediction for COMPUTER PROGRAMMING SERVICES. 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 €110,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.26 (1.22 in 2025), below the usual 1.5. Short-term debt is 55.9% and cash 3.1% of total assets. 71.4% 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 · Liquidity: current ratio 1.26, cash €143,560
NBB · annual accounts
raises risk · Size: 8.5 FTE, total assets €4.7m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 141 sector peers (2026).
NBB · sector comparison
Position among 141 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
2 days early
2025
15 days early
2024
1 day early
2023
36 days late
2022
5 days early
2021
18 days late
2020
26 days late
← 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 8 days after 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VP
Director, since 27-04-1989
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437136042
Appointments: VANDOORN Pascal René Adolphe (statutory director) and VANDOORN Kevin (statutory director) Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Harelbeke
Amendment of the articles Gazette deed
All 51 events

Comparable companies

same main activity, similar in size and age
Company
COMPUTER PROGRAMMING SERVICES Harelbeke - - 28.6% 8.5
ARCHONIA Diepenbeek - - 25.5% 9.6
HYDRO ECOLO METEO MANAGEMENT INFORMATION SYSTEMS Zwevegem €1.9m -4.0% 71.9% 12
QUOD BONUM, FELIX FAUSTUMQUE SIT Evergem - - 12.3% 6.9
MEGABYTE CONSULTING Ecaussinnes €2.1m 12.7% 9.8% 7.6
COMPUSOFT BELUX Brakel - - 39.6% 5.8
ENTELEC Diepenbeek - - 20.6% 7.7

These companies have the same main activity as COMPUTER PROGRAMMING SERVICES: computer programming (NACE 62100). They are comparable in size and age: total assets between €3.4m and €5.7m, founded between 1986 and 1996.

Official details

Source: KBO
Status
Active since 06-04-1989Normal situation
Activity
Computer programmingNACE 62100and 2 others
Joint committees
201Independent retail
200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment unit
2.042.965.2038530 Harelbeke, since 18-04-1989
Financial year end
31 March
Peppol
Reachable since 16-02-2026
Company details

Annual accounts to 31-03-2026

€4.7m▼ 3.6%
Employeeson 31-03-2026
9=
Filing
Filed on 29-10-2026, 2 days before the end of the filing period
Financials

Insights on COMPUTER PROGRAMMING SERVICES

COMPUTER PROGRAMMING SERVICES files the abbreviated format. That format states no turnover. The gross margin rose from €284,256 in 2007 to €930,732 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about COMPUTER PROGRAMMING SERVICES

What is the company number of COMPUTER PROGRAMMING SERVICES?
The company number of COMPUTER PROGRAMMING SERVICES is 0437.136.042. The VAT number is the same number with BE in front: BE 0437.136.042.
Where is COMPUTER PROGRAMMING SERVICES based?
The registered office is at Politieke Gevangenenstraat 22, 8530 Harelbeke.Company details
What does COMPUTER PROGRAMMING SERVICES do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of COMPUTER PROGRAMMING SERVICES?
COMPUTER PROGRAMMING SERVICES is a private limited company (BV).
When was COMPUTER PROGRAMMING SERVICES founded?
COMPUTER PROGRAMMING SERVICES was founded on 06-04-1989.
Is COMPUTER PROGRAMMING SERVICES still active?
Yes, COMPUTER PROGRAMMING SERVICES is an active enterprise in the KBO register.
How many employees does COMPUTER PROGRAMMING SERVICES have?
COMPUTER PROGRAMMING SERVICES had an average of 8.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does COMPUTER PROGRAMMING SERVICES fall under?
In its 31-03-2026 annual accounts, COMPUTER PROGRAMMING SERVICES states joint committees 201 (Independent retail) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of COMPUTER PROGRAMMING SERVICES?
The turnover in financial year 2026 is ≈ €2.5m. This figure is estimated from the gross margin of €930,732 and 149 comparable companies (NACE 62). It probably lies between €1.7m and €3.9m.
Is COMPUTER PROGRAMMING SERVICES profitable?
In financial year 2026, COMPUTER PROGRAMMING SERVICES made a profit of €69,024.
Where can I find the annual accounts of COMPUTER PROGRAMMING SERVICES?
COMPUTER PROGRAMMING SERVICES filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of COMPUTER PROGRAMMING SERVICES due?
COMPUTER PROGRAMMING SERVICES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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