COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICES

Active

Public limited companyfounded 199234 yrs activeNapelsstraat 79, 2000 Antwerpen, BelgiumKBO/BCE: BE 0447.255.518

Summary

The computed 12-month bankruptcy probability of COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICES is 5.0% (elevated). For COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€15.6m) and a net result of -€5.7m. Equity is shrinking by ~95.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 1506 sector peers (fiscal year 2022). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

COMPUTER SOFTWARE, MANAGEMENT, OPERATIONS AND SERVICESActive

Risk analysis Report Compare

Activity

Computer consultancy and computer facilities management

NACE 62200IT consultancy NACE 62020NACE 72100

1 site

Size

€9.0mturnover 2022

Equity: -€15.6m
Loss: -€5.7m

Financial health

Bankruptcy chance 12 m: 5.0%

2022 figures too old to score

Structure

Parent: PSA Antwerp · 99.96%
Board: 2 members

Auditor: KPMG BedrijfsrevisorenAccounts 795 d overdue2 of 21 deeds read

Signals- 3 financial years not filed after the legal deadline; latest accounts 465 days late; 3 of the last 3 late- Liquidity: current ratio 0.82- Figures for FY 2022 (filed 11-11-2024)- Two or more financial years not filed- Filed more than 90 days late+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0=

equity -101.7% of total assets

Liquidity 32-33

short-term debt 64.3%

Profitability 0=

return on assets -37.1%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (209 companies)

Last 24 months 11-2024: 6.2%highest value 12-2024: 3.6%▼ -42.5% vs 11-2024lowest value 01-2025: 4.6%▲ +28.7% vs 12-2024 02-2025: 4.6%● 0.0% vs 01-2025 03-2025: 4.7%▲ +1.5% vs 02-2025 04-2025: 4.2%▼ -9.7% vs 03-2025 05-2025: 4.2%● 0.0% vs 04-2025 06-2025: 4.2%● 0.0% vs 05-2025 07-2025: 4.2%● 0.0% vs 06-2025 08-2025: 5.4%▲ +27.7% vs 07-2025 09-2025: 5.4%● 0.0% vs 08-2025 10-2025: 5.4%● 0.0% vs 09-2025 11-2025: 5.4%● 0.0% vs 10-2025 12-2025: 5.4%● 0.0% vs 11-2025 01-2026: 5.4%● 0.0% vs 12-2025 02-2026: 5.4%● 0.0% vs 01-2026 03-2026: 5.4%● 0.0% vs 02-2026 04-2026: 5.4%● 0.0% vs 03-2026 05-2026: 5.4%● 0.0% vs 04-2026 06-2026: 5.4%● 0.0% vs 05-2026 07-2026: 5.4%● 0.0% vs 06-2026 08-2026: 5.0%▼ -7.0% vs 07-2026 09-2026: 5.0%● 0.0% vs 08-2026 10-2026: 5.0%● 0.0% vs 09-2026

3 financial years not filed after the legal deadline; latest accounts 465 days late; 3 of the last 3 late raises the probability
Liquidity: current ratio 0.82 raises the probability
Figures for FY 2022 (filed 11-11-2024) raises the probability
Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

3 financial years not filed after the legal deadline; latest accounts 465 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 0.82

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Figures for FY 2022 (filed 11-11-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Computer programming, consultancy and related activities (NACE 62)

In the bankruptcy model this factor lowers the probability.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline04-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-11-2024, 465 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

465 d late

2021

452 d late

2020

114 d late

2019

70 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 275 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

19-08-26 Reappointments: KPMG Bedrijfsrevisoren (statutory auditor) and…Permanent representative: Frederic Poesen ·…
10-03-26 Resignation: Lim Pek Suat (director)Appointment: Chan Vai Ngoi (director)
07-11-24 Annual accounts filedfiscal year 2022 · full…

Key points

Risk: Accounts not fileddeadline was 31-07-2024 795 d late View
Risk: Negative equityfiscal year 2022: debts exceed assets -€15.6m View
Risk: 5 loss-making years in a rowloss fiscal year 2022 -€5.7m View
Caution: Board changedlatest change 01-08-2026 · 2 in office 1 joined · 2 left View
Controlled by PSA Antwerpknown shareholders 100% 99.96% View
Caution: Among the weakest 5% on solvencysector median 42.4% · 1,506 companies -101.7% View
Caution: Equity fell in 2022from -€9.9m to -€15.6m ▼ 57.5% View