CORE BUSINESS SOFTWARE
ActiveSummary
CORE BUSINESS SOFTWARE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €45k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 23% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+20
Solvency48▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.59 against 3.36 in 2024; short-term debt: 20.3% and cash: 6.9% of total assets), but 77.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
22.7%
Return on assets
7.8%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-01-2026, 97 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
97 d early
2024
51 d early
2023
83 d early
2022
65 d early
2021
67 d early
2020
77 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 52.6%
2024 · €85k
2020: €47k
2021: €73k
2022: €71k
2023: €73k
2024: €85k
2020 → 2025
Total assets
€570k▲ 43.7%
2024 · €397k
2020: €94k
2021: €119k
2022: €117k
2023: €197k
2024: €397k
2020 → 2025
Net result
€45k▲ 283%
2024 · €12k
2020: €42k
2021: €26k
2022: €-2k
2023: €33k
2024: €12k
2020 → 2025
Working capital
€414k▲ 72.0%
2024 · €241k
2020: €42k
2021: €43k
2022: €29k
2023: €26k
2024: €241k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€71k▼ 3.1%€73k▲ 3.2%€85k▲ 15.9%€130k▲ 52.6%
Operating result€39k-€550▼ 98.6%€45k▲ 8,011%€30k▼ 33.6%€81k▲ 174%
Net result€26k-€-2k€33k€12k▼ 64.7%€45k▲ 283%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 174% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €570k
Fixed assets
€40k ▼ 25.5%
Current assets
€530k ▲ 54.6%
Equity and liabilities €570k
Equity
€130k ▲ 52.6%
Debt
€441k ▲ 41.2%
Debt's share of the balance-sheet total falls from 78.6% to 77.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€100k▲
2024 · €47k
Cash flow
€64k▲
2024 · €29k
Current ratio
4.59▲
2024 · 3.36
Quick ratio
1.01▲
2024 · 0.94
Debt to equity
3.40▼
2024 · 3.67
ROE
34.5%▲
2024 · 13.7%
ROA
7.8%▲
2024 · 2.9%
Interest coverage
5.34▲
2024 · 3.63
Debt ≤ 1 year
€115k▲
2024 · €102k
Debt > 1 year
€322k▲
2024 · €207k
Income taxes
€18k▲
2024 · €5k
Staff costs
€60k▲
2024 · €43k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€397k€570k▲
Fixed assets21/28€54k€40k▼
Intangible fixed assets21€6k€8k▲
Tangible fixed assets22/27€48k€32k▼
Land and buildings22€26k€22k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€18k€7k▼
Financial fixed assets28€5€5=
Current assets29/58€343k€530k▲
Amounts receivable after more than one year29€10k€10k=
Other amounts receivable291€10k€10k=
Stocks and contracts in progress3€247k€412k▲
Stocks30/36€247k€412k▲
Amounts receivable within one year40/41€47k€65k▲
Trade receivables40€41k€55k▲
Other amounts receivable41€6k€9k▲
Cash at bank and in hand54/58€36k€39k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€397k€570k▲
Equity10/15€85k€130k▲
Contributions10/11€5k€5k=
Reserves13€80k€125k▲
Distributable reserves133€80k€125k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€312k€441k▲
Amounts payable after more than one year17€207k€322k▲
Financial debts170/4€207k€322k▲
Amounts payable within one year42/48€102k€115k▲
Current portion of amounts payable after more than one year42€12k€16k▲
Financial debts43€4k€8k▲
Credit institutions430/8€4k€8k▲
Trade debts44€15k€18k▲
Suppliers440/4€15k€18k▲
Taxes, remuneration and social security45€11k€31k▲
Taxes450/3€7k€20k▲
Remuneration and social security454/9€4k€11k▲
Other amounts payable47/48€60k€42k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€94k€161k▲
Operating profit (loss)9901€30k€81k▲
Financial income75/76B€545€590▲
Recurring financial income75€545€590▲
Financial charges65/66B€13k€19k▲
Recurring financial charges65€13k€19k▲
Profit (loss) for the period before taxes9903€17k€63k▲
Income taxes67/77€5k€18k▲
Profit (loss) for the period9904€12k€45k▲
Profit (loss) for the period to be appropriated9905€12k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€45k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€12k€45k▲
To other reserves6921€12k€45k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €45k ▲283%
Operating result €81k, net result €45k, both a record.
30-09
Financial
Equity above €100kEq €130k ▲52.6%
3 profitable years in a row build equity to €130k.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 3.36
Current ratio from 1.25 to 3.36; short-term debt falls from €105k to €102k.
07-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-2k ▼109%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dendermonde · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Volaardestraat (STG) 129200 DendermondeGround area
520 m²
Building footprint
129 m²
Volume, LiDAR
641 m³
Parcel 42021B0505/00F002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CORE BUSINESS SOFTWARE
since 20192.293.078.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021B0505/00F002 | Flanders | 520 m² | 1 · 129 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PCSAMU
BE 0870.568.961
Anderlecht · Eq €129,552
Anythink LuJuGa
BE 0473.047.620
Schaarbeek · Eq €129,552
BergIT
BE 0892.647.844
Genappe · Eq €129,515
RILC QUALSERV
BE 0827.558.072
Ath · Eq €129,506
Stellar Solutions
BE 0802.283.832
Antwerpen · Eq €129,633
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,431 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2019
Fiscal year end30-09
Abbreviation NL
CBS
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
43211General electrical installation work
47400Retail sale of information and communication equipment
47559Retail sale of other household articles
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.