Equity
COMPUTER PROGRAMMING SERVICES has made a profit without a break since 2017.
COMPUTER PROGRAMMING SERVICES has made a profit without a break since 2017.
The abbreviated format states no turnover.
€1.7m of the debts are secured on the company's own assets. In 2022 that was €206,095.
Green is investment, beige is depreciation. Machinery stands 111.7% higher than in 2025.
Five of the last ten came late. The 2023 accounts came latest: 36 days after the end of the period.
More equity than 90% of companies in computer programming and consultancy. Sector median €180,443 · 141 companies.
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).
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).
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.
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.
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.
| 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.
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.
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.
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.
| 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.
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.
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