COMPUTER PROGRAMMING SERVICES
ActiveSummary
COMPUTER PROGRAMMING SERVICES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €19k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-15
Solvency51▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.2 in 2024; short-term debt: 56.7% and cash: 0.8% of total assets), and 73.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
26.4%
Return on assets
0.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
1 d early
2023
36 d late
2022
5 d early
2021
18 d late
2020
26 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.28M▲ 0.9%
2024 · €1.26M
2019: €496klowest in 7 years
2020: €588k▲ +18.6% vs 2019
2021: €804k▲ +36.7% vs 2020
2022: €1.01M▲ +25.9% vs 2021
2023: €1.11M▲ +9.6% vs 2022
2024: €1.26M▲ +13.9% vs 2023
2025: €1.28M▲ +0.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€4.83M▼ 2.7%
2024 · €4.96M
2019: €1.21Mlowest in 7 years
2020: €1.29M▲ +6.5% vs 2019
2021: €1.65M▲ +28.3% vs 2020
2022: €2.41M▲ +45.6% vs 2021
2023: €3.57M▲ +48.2% vs 2022
2024: €4.96M▲ +39.2% vs 2023highest in 7 years
2025: €4.83M▼ -2.7% vs 2024
2019 → 2025
Net result
€19k▼ 88.0%
2024 · €160k
2019: €23k
2020: €98k▲ +330% vs 2019
2021: €224k▲ +128% vs 2020highest in 7 years
2022: €219k▼ -2.3% vs 2021
2023: €125k▼ -43.0% vs 2022
2024: €160k▲ +28.3% vs 2023
2025: €19k▼ -88.0% vs 2024lowest in 7 years
2019 → 2025
Working capital
€590k▼ 1.4%
2024 · €598k
2019: €10klowest in 7 years
2020: €117k▲ +1061% vs 2019
2021: €268k▲ +130% vs 2020
2022: €466k▲ +74.1% vs 2021
2023: €496k▲ +6.4% vs 2022
2024: €598k▲ +20.5% vs 2023highest in 7 years
2025: €590k▼ -1.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€804k-€1.01M▲ 25.9%€1.11M▲ 9.6%€1.26M▲ 13.9%€1.28M▲ 0.9%
2021: €804klowest in 5 years
2022: €1.01M▲ +25.9% vs 2021
2023: €1.11M▲ +9.6% vs 2022
2024: €1.26M▲ +13.9% vs 2023
2025: €1.28M▲ +0.9% vs 2024highest in 5 years
Operating result€321k-€304k▼ 5.2%€206k▼ 32.3%€324k▲ 57.4%€187k▼ 42.4%
2021: €321k
2022: €304k▼ -5.2% vs 2021
2023: €206k▼ -32.3% vs 2022
2024: €324k▲ +57.4% vs 2023highest in 5 years
2025: €187k▼ -42.4% vs 2024lowest in 5 years
Net result€224k-€219k▼ 2.3%€125k▼ 43.0%€160k▲ 28.3%€19k▼ 88.0%
2021: €224khighest in 5 years
2022: €219k▼ -2.3% vs 2021
2023: €125k▼ -43.0% vs 2022
2024: €160k▲ +28.3% vs 2023
2025: €19k▼ -88.0% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.83M
Fixed assets
€1.50M ▲ 8.6%
Current assets
€3.33M ▼ 7.1%
Equity and liabilities €4.83M
Equity
€1.28M ▲ 0.9%
Provisions
€13k ▼ 10.1%
Debt
€3.54M ▼ 3.9%
Debt's share of the balance-sheet total falls from 74.2% to 73.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€327k▼
2024 · €410k
Cash flow
€159k▼
2024 · €245k
Current ratio
1.22▲
2024 · 1.20
Quick ratio
0.39▲
2024 · 0.36
Debt to equity
2.77▼
2024 · 2.92
ROE
1.5%▼
2024 · 12.6%
ROA
0.4%▼
2024 · 3.2%
Interest coverage
1.89▼
2024 · 3.30
Debt ≤ 1 year
€2.74M▼
2024 · €2.99M
Debt > 1 year
€744k▲
2024 · €669k
Income taxes
€14k▼
2024 · €54k
Staff costs
€489k▼
2024 · €490k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 66 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.96M€4.83M▼
Fixed assets21/28€1.38M€1.50M▲
Tangible fixed assets22/27€1.38M€1.50M▲
Land and buildings22€1.23M€1.22M▼
Plant, machinery and equipment23€5k€5k▲
Furniture and vehicles24€80k€60k▼
Leasing and similar rights25€64k€207k▲
Financial fixed assets28-€2k
Current assets29/58€3.58M€3.33M▼
Stocks and contracts in progress3€2.51M€2.26M▼
Stocks30/36€2.51M€2.26M▼
Amounts receivable within one year40/41€837k€1.01M▲
Trade receivables40€799k€952k▲
Other amounts receivable41€38k€60k▲
Cash at bank and in hand54/58€220k€39k▼
Deferred charges and accrued income490/1€17k€17k▲
Equity and liabilities
Total equity and liabilities10/49€4.96M€4.83M▼
Equity10/15€1.26M€1.28M▲
Contributions10/11€110k€110k=
Revaluation surpluses12€28k€28k=
Reserves13€1.13M€1.14M▲
Tax-exempt reserves132€50k€47k▼
Distributable reserves133€1.08M€1.09M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€15k€13k▼
Deferred taxes168€15k€13k▼
Amounts payable17/49€3.69M€3.54M▼
Amounts payable after more than one year17€669k€744k▲
Financial debts170/4€669k€744k▲
Amounts payable within one year42/48€2.99M€2.74M▼
Current portion of amounts payable after more than one year42€95k€136k▲
Financial debts43€1.42M€1.15M▼
Credit institutions430/8€1.42M€1.15M▼
Trade debts44€455k€345k▼
Suppliers440/4€455k€345k▼
Taxes, remuneration and social security45€345k€382k▲
Taxes450/3€258k€273k▲
Remuneration and social security454/9€87k€109k▲
Other amounts payable47/48€673k€728k▲
Accrued charges and deferred income492/3€31k€56k▲
Income statement
Code20242025
Non-recurring operating income76A€25k€29k▲
Remuneration, social security and pensions62€490k€489k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€140k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-553€-599▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€9k€16k▲
Non-recurring operating charges66A€664€7k▲
Gross operating margin9900€909k€839k▼
Operating profit (loss)9901€324k€187k▼
Financial income75/76B€12k€17k▲
Recurring financial income75€12k€17k▲
Financial charges65/66B€124k€173k▲
Recurring financial charges65€124k€173k▲
Profit (loss) for the period before taxes9903€212k€31k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€54k€14k▼
Profit (loss) for the period9904€160k€19k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€163k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€22k▼
Transfer to equity691/2€158k€15k▼
To other reserves6921€158k€15k▼
Profit to be distributed694/7€5k€8k▲
Return on contributions (dividend)694€0-
Directors or managers695€5k€8k▲
Social balance
Average headcount (FTE)90878.07.7▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7k | €0 | €25k | €29k | ▲ 18.2% |
| Remuneration, social security and pensions62 | - | €405k | €438k | €490k | €489k | ▼ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67k | €74k | €86k | €85k | €140k | ▲ 64.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-3k | €0 | €-553 | €-599 | ▼ 8.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-9k | €-4k | €0 | - | - |
| Other operating charges640/8 | - | €11k | €9k | €9k | €16k | ▲ 77.5% |
| Non-recurring operating charges66A | - | €896 | €375 | €664 | €7k | ▲ 1,009% |
| Gross operating margin9900 | €745k | €784k | €735k | €909k | €839k | ▼ 7.7% |
| Operating profit (loss)9901 | €321k | €304k | €206k | €324k | €187k | ▼ 42.4% |
| Financial income75/76B | - | €25k | €11k | €12k | €17k | ▲ 42.0% |
| Recurring financial income75 | €4k | €25k | €11k | €12k | €17k | ▲ 42.0% |
| Financial charges65/66B | - | €22k | €49k | €124k | €173k | ▲ 38.9% |
| Recurring financial charges65 | €20k | €22k | €49k | €124k | €173k | ▲ 38.9% |
| Profit (loss) for the period before taxes9903 | €305k | €308k | €168k | €212k | €31k | ▼ 85.2% |
| Transfer from deferred taxes780 | - | €2k | €2k | €2k | €2k | = |
| Income taxes67/77 | €83k | €91k | €45k | €54k | €14k | ▼ 74.5% |
| Profit (loss) for the period9904 | €224k | €219k | €125k | €160k | €19k | ▼ 88.0% |
| Transfer from tax-exempt reserves789 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) for the period to be appropriated9905 | €227k | €222k | €128k | €163k | €22k | ▼ 86.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.65M | €2.41M | €3.57M | €4.96M | €4.83M | ▼ 2.7% |
| Fixed assets21/28 | €834k | €801k | €928k | €1.38M | €1.50M | ▲ 8.6% |
| Tangible fixed assets22/27 | €834k | €801k | €928k | €1.38M | €1.50M | ▲ 8.4% |
| Land and buildings22 | - | €716k | €823k | €1.23M | €1.22M | ▼ 0.6% |
| Plant, machinery and equipment23 | - | €872 | €7k | €5k | €5k | ▲ 2.9% |
| Furniture and vehicles24 | - | €85k | €98k | €80k | €60k | ▼ 24.6% |
| Leasing and similar rights25 | - | - | - | €64k | €207k | ▲ 225% |
| Financial fixed assets28 | - | - | - | - | €2k | - |
| Current assets29/58 | €819k | €1.61M | €2.64M | €3.58M | €3.33M | ▼ 7.1% |
| Stocks and contracts in progress3 | €102k | €598k | €1.50M | €2.51M | €2.26M | ▼ 9.9% |
| Stocks30/36 | - | €598k | €1.50M | €2.51M | €2.26M | ▼ 9.9% |
| Amounts receivable within one year40/41 | €390k | €610k | €871k | €837k | €1.01M | ▲ 20.9% |
| Trade receivables40 | - | €548k | €847k | €799k | €952k | ▲ 19.1% |
| Other amounts receivable41 | - | €62k | €24k | €38k | €60k | ▲ 58.8% |
| Cash at bank and in hand54/58 | €311k | €381k | €245k | €220k | €39k | ▼ 82.2% |
| Deferred charges and accrued income490/1 | - | €17k | €18k | €17k | €17k | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.65M | €2.41M | €3.57M | €4.96M | €4.83M | ▼ 2.7% |
| Equity10/15 | €804k | €1.01M | €1.11M | €1.26M | €1.28M | ▲ 0.9% |
| Contributions10/11 | - | €110k | €110k | €110k | €110k | = |
| Revaluation surpluses12 | - | €28k | €28k | €28k | €28k | = |
| Reserves13 | €666k | €874k | €972k | €1.13M | €1.14M | ▲ 1.0% |
| Non-distributable reserves130/1 | - | €11k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €11k | €0 | - | - | - |
| Tax-exempt reserves132 | - | €56k | €53k | €50k | €47k | ▼ 6.3% |
| Distributable reserves133 | - | €807k | €919k | €1.08M | €1.09M | ▲ 1.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €33k | €22k | €16k | €15k | €13k | ▼ 10.1% |
| Provisions for liabilities and charges160/5 | - | €4k | €0 | - | - | - |
| Other liabilities and charges164/5 | - | €4k | €0 | - | - | - |
| Deferred taxes168 | - | €18k | €16k | €15k | €13k | ▼ 10.1% |
| Amounts payable17/49 | €817k | €1.37M | €2.44M | €3.69M | €3.54M | ▼ 3.9% |
| Amounts payable after more than one year17 | €265k | €230k | €287k | €669k | €744k | ▲ 11.3% |
| Financial debts170/4 | - | €230k | €287k | €669k | €744k | ▲ 11.3% |
| Amounts payable within one year42/48 | €551k | €1.14M | €2.14M | €2.99M | €2.74M | ▼ 8.2% |
| Current portion of amounts payable after more than one year42 | - | €92k | €94k | €95k | €136k | ▲ 43.3% |
| Financial debts43 | - | €250k | €1.02M | €1.42M | €1.15M | ▼ 18.9% |
| Credit institutions430/8 | - | €250k | €1.02M | €1.42M | €1.15M | ▼ 18.9% |
| Trade debts44 | €257k | €408k | €417k | €455k | €345k | ▼ 24.1% |
| Suppliers440/4 | - | €408k | €417k | €455k | €345k | ▼ 24.1% |
| Taxes, remuneration and social security45 | - | €225k | €254k | €345k | €382k | ▲ 10.7% |
| Taxes450/3 | - | €159k | €174k | €258k | €273k | ▲ 5.8% |
| Remuneration and social security454/9 | - | €66k | €80k | €87k | €109k | ▲ 25.5% |
| Other amounts payable47/48 | - | €164k | €360k | €673k | €728k | ▲ 8.1% |
| Accrued charges and deferred income492/3 | - | €4k | €12k | €31k | €56k | ▲ 78.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €224k | €219k | €125k | €160k | €19k | ▼ 88.0% |
| + Depreciation and write-downs630 | €67k | €74k | €86k | €85k | €140k | ▲ 64.0% |
| Operating cash flow (approximation) | €291k | €292k | €211k | €245k | €159k | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | €-41k | €-213k | €-539k | €-258k | ▲ 52.1% |
| Change in cash | - | €69k | €-136k | €-25k | €-181k | ▼ 614% |
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
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €19k ▼88%
Net result drops to €19k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 36 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.01M ▲25.9%
4 profitable years in a row build equity to €1.01M.
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
31-03
Financial
Highest result since 2019net €224k ▲128%
Net result €224k, the highest in the series.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
31-03
Financial
Equity above €500kEq €588k ▲18.6%
2 profitable years in a row build equity to €588k.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
02-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1989
Ground area
2,905 m²
Building footprint
781 m²
Volume, LiDAR
4,215 m³
Parcel 34322B0461/00P000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
C.P.S.
since 19892.042.965.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0461/00P000 | Flanders | 2,904 m² | 1 · 781 m² | 7.5 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.
Public money · subsidies and aid
Flemish government
2024 · 2 entries · 2,754 EUR awarded · 2,754 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 2,754 EUR | 2,754 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 3,562 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
Founded06-04-1989
Fiscal year end31-03
Abbreviation NL
C.P.S.
Activities, NACEBEL 2025
62100Computer programming
47789Other retail sale of new goods
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.