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EASYPAY

Active Public limited companyfounded 1985active for 40 yearsNijverheidsstraat 16, 8760 TieltKBO/BCE: BE 0428.359.225 subsidiary of #1 company by total assets in Tielt, Telecoms and IT sector
Part of the group 24 companies in 2 countries

Lifetime

20 annual accounts with figures on one time axis, 40 filings since 1986
peak €19.9m (2025)
€19.9m▲ 33.2%
peak €1.7m (2024)
€724,895▼ 56.9%
peak €9.6m (2025)
€9.6m▲ 8.2%
€6.1m▼ 17.9%
peak 107.8 FTE (2018)
99.7 FTE▲ 14.3%
Board12 names since 2015
3 directors and 2 others
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
26-06-202635 days before the deadline
2025financial year
Turnover from €14.9m to €19.9mResult from €1.7m to €724,895Staff from 87.2 FTE to 99.7 FTEMerger: EASYPAY takes over EASYTIME 27-01Debts from €7.4m to €6.1mCash from €841,867 to €39,528

Key points

from the 2025 annual accounts

Equity

€9.6m ▲ 8.2%

EASYPAY has made a profit in every financial year since 2006.

Result

€724,895 ▼ 56.9%
€1.7m2024€725,0002025

The result fell in 2025: merger with EASYPLAN.

Investments

€8.6m 9.9 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Staff

104 employees on 31-12-2025
58202114620221162023191020242082025

In 2025, 20 people joined and 8 left. On top of that, 1 agency workers worked there on average.

Payment terms

33 days to suppliers
Suppliers
87 to 33
Customers
84 to 38

EASYPAY pays its suppliers 54 days earlier than in 2024. Customers pay 46 days earlier.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,887 companies had the same profile as EASYPAY has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.1%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 1,887 companies, not a prediction for EASYPAY. 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

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Signals

Board and ownership

Managing director
Managing director
Managing director,
Auditor,
  • 100%score equity €20.9m (2025) · annual accounts 2025

Shares in 1 company,

Board & ownership

Recent changes

Demerger proposal: EASYPAY SA splits off to Partena Public NV Share transfer: · holds all the shares · holds 500 shares (50%) · Board meeting of 04-11-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0428359225
New statutory auditor appointed, resigned · Permanent representative: · General meeting of 28-11-2025 · Gazette deed
Merger: EASYPAY takes over EASYTIME Capital increase of €7,637,340 to €7,699,313.38 · Capital from €61,973.38 to €7,699,313.38, 308,112 new shares · Resignation: (statutory auditor) · General meeting of 20-12-2024 · Gazette deed
All 59 events

Comparable companies

same main activity, similar in size and age
Company
EASYPAY Tielt €19.9m 4.5% 57.8% 99.7
BESTMIX SOFTWARE Maldegem €21.8m 4.0% 18.6% 92.6
AMADEUS BENELUX Machelen (Brab.) €38.3m 7.7% 52.6% 98.8
INTERSOFT ELECTRONICS Olen €15.8m 10.8% 10.3% 70.5
KEYRUS Grimbergen €19.8m 5.7% 49.9% 101.3
GREISCH INGENIERIE Liège €18.6m 3.6% 6.8% 66.9
TRUSTTEAM WALLONIE Wavre €33.5m 5.2% 34.9% 74
-10%0%10%20%€20m€200m€2bnEASYPAYEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as EASYPAY: computer programming (NACE 62100). They are comparable in size and age: total assets between €15m and €17m, founded between 1983 and 1996.

Official details

Source: KBO
Status
Active since 31-12-1985Normal situation
Activity
Computer programmingNACE 62100
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2023
Establishment units
2.161.939.4638760 Tielt, since 01-09-1990
2.243.477.0695101 Namur, since 01-04-2015
Financial year end
31 December
Peppol
Reachable since 10-06-2026
Company details

Annual accounts 2025

€16.6m▼ 4.4%
Employeeson 31-12-2025
104▲ 13.0%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Companies linked to EASYPAY

Parent and group

Insights on EASYPAY

EASYPAY has existed since 1985. Turnover grew from €9.4m in 2006 to €19.9m in 2025.

Solvency rose in 2025 from 51.1% to 57.8% because of the retained profit and lower debts.

holds all the shares. In June 2023, three directors stepped down. In December 2024, the Official Gazette published the appointment of as managing director.

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 EASYPAY

What is the company number of EASYPAY?
The company number of EASYPAY is 0428.359.225. The VAT number is the same number with BE in front: BE 0428.359.225.
Where is EASYPAY based?
The registered office is at Nijverheidsstraat 16, 8760 Tielt.Company details
What does EASYPAY do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of EASYPAY?
EASYPAY is a public limited company (NV).
When was EASYPAY founded?
EASYPAY was founded on 31-12-1985.
Is EASYPAY still active?
Yes, EASYPAY is an active enterprise in the KBO register.
How many employees does EASYPAY have?
EASYPAY had an average of 99.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does EASYPAY fall under?
In its 2023 annual accounts, EASYPAY states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of EASYPAY?
The turnover of EASYPAY was €19.9m in financial year 2025, according to the filed annual accounts.
Is EASYPAY profitable?
In financial year 2025, EASYPAY made a profit of €724,895.
Where can I find the annual accounts of EASYPAY?
EASYPAY filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EASYPAY due?
EASYPAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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