ECLIPS SOFTWARE DEVELOPMENT CENTER
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 27 filings
Every figure per financial year
The operating result for 2025 is 42% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €16,031 | €39,629 | €69,640 | €436,646 | €0 |
| Depreciation and write-downs of the year | €10,246 | €10,988 | €13,297 | €12,665 | €29,392 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €138,531 | €182,200 | €185,634 | €190,994 | €185,689 | ▼ 2.8% |
| Turnover70 | €128,760 | €88,540 | €126,467 | €136,882 | €180,510 | €183,890 | €189,219 | €183,736 | ▼ 2.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €0 | - | €0 | €0 | - |
| Own construction capitalised72 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other operating income74 | - | - | - | €1,649 | €1,690 | €1,744 | €1,775 | €1,953 | ▲ 10.0% |
| Non-recurring operating income76A | - | - | - | - | €0 | - | €0 | €0 | - |
| Operating charges60/66A | - | - | - | €133,546 | €151,897 | €186,749 | €160,018 | €141,798 | ▼ 11.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | €11,888 | €11,580 | €7,667 | €25,716 | €12,312 | ▼ 52.1% |
| Purchases600/8 | - | - | - | €11,888 | €11,580 | €7,667 | €25,716 | €12,312 | ▼ 52.1% |
| Change in stocks: decrease (increase)609 | - | - | - | - | €0 | - | €0 | €0 | - |
| Services and other goods61 | - | - | - | €111,064 | €128,820 | €165,330 | €121,194 | €98,756 | ▼ 18.5% |
| Remuneration, social security and pensions62 | - | - | - | €0 | €162 | €71 | €55 | €515 | ▲ 832% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,037 | €3,401 | €8,947 | €10,246 | €10,988 | €13,297 | €12,665 | €29,392 | ▲ 132% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | - | - | €0 | €0 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - | €0 | €0 | - |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €822 | ▲ 112% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | - | - | €0 | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0 | - |
| Operating profit (loss)9901 | -€861 | -€21,494 | €23,200 | €4,985 | €30,303 | -€1,114 | €30,976 | €43,890 | ▲ 41.7% |
| Financial income75/76B | - | - | - | €614 | - | €0 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €20 | €183 | €42 | €614 | - | €0 | €1 | €0 | ▼ 100% |
| Income from financial fixed assets750 | - | - | - | €0 | - | €0 | €1 | €0 | ▼ 100% |
| Income from current assets751 | - | - | - | - | - | - | €0 | €0 | - |
| Other financial income752/9 | - | - | - | €614 | - | - | €0 | €0 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | €0 | €0 | - |
| Financial charges65/66B | - | - | - | €353 | €78 | €72 | €80,287 | €4,458 | ▼ 94.4% |
| Recurring financial charges65 | €90 | €478 | €1,677 | €353 | €78 | €72 | €1,817 | €4,458 | ▲ 145% |
| Debt charges650 | €0 | €125 | €0 | €0 | - | - | €1,744 | €0 | ▼ 100% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €0 | - | - | €0 | €0 | - |
| Other financial charges652/9 | - | - | - | €353 | €78 | €72 | €73 | €4,458 | ▲ 61× |
| Non-recurring financial charges66B | - | - | - | - | - | - | €78,470 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€931 | -€21,789 | €21,565 | €5,245 | €30,225 | -€1,186 | -€49,310 | €39,433 | - |
| Transfer from deferred taxes780 | - | - | - | €0 | - | - | €0 | €0 | - |
| Transfer to deferred taxes680 | - | - | - | €0 | - | - | - | €0 | - |
| Income taxes67/77 | - | €255 | €480 | €811 | - | - | €7,614 | €0 | ▼ 100% |
| Taxes670/3 | - | - | - | €811 | - | - | €7,614 | €0 | ▼ 100% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | €0 | €0 | - |
| Profit (loss) for the period9904 | -€931 | -€22,044 | €21,085 | €4,434 | €30,225 | -€1,186 | -€56,924 | €39,433 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0 | - | - | €0 | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€931 | -€22,044 | €21,085 | €4,434 | €30,225 | -€1,186 | -€56,924 | €39,433 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €104,961 | €128,057 | €133,156 | €118,973 | €163,017 | €203,527 | €705,923 | €644,565 | ▼ 8.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €24,451 | €55,006 | €60,370 | €66,155 | €94,797 | €151,140 | €575,120 | €545,728 | ▼ 5.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €24,451 | €55,006 | €60,370 | €66,155 | €94,797 | €151,140 | €575,120 | €545,728 | ▼ 5.1% |
| Land and buildings22 | - | - | - | €12,500 | €12,500 | €29,167 | €440,577 | €418,927 | ▼ 4.9% |
| Plant, machinery and equipment23 | - | - | - | €17,310 | €10,081 | €24,095 | €18,060 | €12,024 | ▼ 33.4% |
| Furniture and vehicles24 | - | - | - | €1,433 | €289 | €289 | €289 | €289 | = |
| Leasing and similar rights25 | - | - | - | - | €0 | €0 | €14,960 | €13,253 | ▼ 11.4% |
| Other tangible fixed assets26 | - | - | - | €34,912 | €71,926 | €97,589 | €101,235 | €101,235 | = |
| Assets under construction and advance payments27 | - | - | - | - | €0 | - | €0 | €0 | - |
| Financial fixed assets28 | - | - | - | - | €0 | - | €0 | €0 | - |
| Affiliated companies280/1 | - | - | - | - | €0 | - | €0 | €0 | - |
| Participating interests280 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts receivable281 | - | - | - | - | €0 | - | €0 | €0 | - |
| Companies linked by participating interests282/3 | - | - | - | - | €0 | - | €0 | €0 | - |
| Participating interests282 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts receivable283 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other financial fixed assets284/8 | - | - | - | - | €0 | - | €0 | €0 | - |
| Shares284 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €0 | - | €0 | €0 | - |
| Current assets29/58 | €80,510 | €73,052 | €72,786 | €52,818 | €68,220 | €52,387 | €130,802 | €98,837 | ▼ 24.4% |
| Amounts receivable after more than one year29 | - | - | - | - | €0 | - | €0 | €0 | - |
| Trade receivables290 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other amounts receivable291 | - | - | - | - | €0 | - | €0 | €0 | - |
| Stocks and contracts in progress3 | €13,989 | €13,989 | €13,989 | €13,989 | €22,239 | €22,239 | €22,239 | €22,239 | = |
| Stocks30/36 | - | - | - | €13,989 | €22,239 | €22,239 | €22,239 | €22,239 | = |
| Raw materials and consumables30/31 | - | - | - | - | €0 | - | - | €0 | - |
| Work in progress32 | - | - | - | - | €0 | - | - | €0 | - |
| Finished goods33 | - | - | - | - | €0 | - | - | €0 | - |
| Goods purchased for resale34 | - | - | - | €13,989 | €22,239 | €22,239 | €22,239 | €22,239 | = |
| Property held for sale35 | - | - | - | - | €0 | - | €0 | €0 | - |
| Advance payments36 | - | - | - | €0 | €0 | - | €0 | €0 | - |
| Contracts in progress37 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €29,927 | €42,408 | €48,158 | €27,518 | €12,027 | €14,757 | €8,259 | €14,394 | ▲ 74.3% |
| Trade receivables40 | - | - | - | €15,421 | €0 | - | €0 | €0 | - |
| Other amounts receivable41 | - | - | - | €12,097 | €12,027 | €14,757 | €8,259 | €14,394 | ▲ 74.3% |
| Current investments50/53 | - | - | - | - | €0 | - | €0 | €0 | - |
| Own shares50 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other investments51/53 | - | - | - | - | €0 | - | €0 | €0 | - |
| Cash at bank and in hand54/58 | €27,360 | €7,421 | €405 | €1,078 | €23,720 | €157 | €0 | €0 | - |
| Deferred charges and accrued income490/1 | - | - | - | €10,234 | €10,234 | €15,234 | €100,304 | €62,204 | ▼ 38.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €104,961 | €128,057 | €133,156 | €118,973 | €163,017 | €203,527 | €705,923 | €644,565 | ▼ 8.7% |
| Equity10/15 | -€13,502 | -€35,547 | -€14,462 | -€10,027 | €20,197 | €19,011 | -€37,913 | €1,519 | - |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | - | €18,592 | €18,592 | - | €18,592 | - |
| Issued capital100 | - | - | - | - | €18,592 | €18,592 | - | €18,592 | - |
| Uncalled capital101 | - | - | - | - | €0 | - | - | €0 | - |
| Contributions outside capital11 | - | - | - | - | €0 | - | - | €0 | - |
| Share premium1100/10 | - | - | - | - | €0 | - | - | €0 | - |
| Other1109/19 | - | - | - | - | €0 | - | - | €0 | - |
| Revaluation surpluses12 | - | - | - | - | €0 | - | €0 | €0 | - |
| Reserves13 | €1,422 | €1,422 | €1,422 | €1,422 | €1,422 | €1,422 | €1,422 | €1,422 | = |
| Non-distributable reserves130/1 | - | - | - | €1,422 | €1,422 | €1,422 | €1,422 | €1,422 | = |
| Legal reserve130 | - | - | - | - | €1,422 | €1,422 | - | €1,422 | - |
| Reserves not available under the articles1311 | - | - | - | €1,422 | €0 | - | €1,422 | €0 | ▼ 100% |
| Own shares acquired1312 | - | - | - | - | €0 | - | - | €0 | - |
| Financial assistance1313 | - | - | - | - | €0 | - | - | €0 | - |
| Other1319 | - | - | - | - | €0 | - | - | €0 | - |
| Tax-exempt reserves132 | - | - | - | - | €0 | - | - | €0 | - |
| Distributable reserves133 | - | - | - | - | €0 | - | - | €0 | - |
| Profit (loss) carried forward14 | -€33,516 | -€55,560 | -€34,475 | -€30,041 | €183 | -€1,003 | -€57,927 | -€18,495 | ▲ 68.1% |
| Investment grants15 | - | - | - | - | €0 | - | €0 | €0 | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | €0 | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €75,210 | €75,210 | €75,210 | €75,210 | €75,210 | €75,210 | €369,215 | €343,222 | ▼ 7.0% |
| Provisions for liabilities and charges160/5 | - | - | - | €75,210 | €75,210 | €75,210 | €369,215 | €343,222 | ▼ 7.0% |
| Pensions and similar obligations160 | - | - | - | - | €0 | - | €0 | €0 | - |
| Taxes161 | - | - | - | - | €0 | - | €0 | €0 | - |
| Major repairs and maintenance162 | - | - | - | - | €0 | - | €0 | €0 | - |
| Environmental obligations163 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other liabilities and charges164/5 | - | - | - | €75,210 | €75,210 | €75,210 | €369,215 | €343,222 | ▼ 7.0% |
| Deferred taxes168 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts payable17/49 | €43,254 | €88,394 | €72,408 | €53,790 | €67,609 | €109,306 | €374,620 | €299,823 | ▼ 20.0% |
| Amounts payable after more than one year17 | - | - | - | €0 | €0 | - | €232,176 | €207,084 | ▼ 10.8% |
| Financial debts170/4 | - | - | - | - | €0 | - | €232,176 | €207,084 | ▼ 10.8% |
| Subordinated loans170 | - | - | - | - | €0 | - | €0 | €0 | - |
| Unsubordinated bonds171 | - | - | - | - | €0 | - | €0 | €0 | - |
| Leasing and similar obligations172 | - | - | - | - | €0 | - | €0 | €0 | - |
| Credit institutions173 | - | - | - | - | €0 | - | €232,176 | €207,084 | ▼ 10.8% |
| Other loans174 | - | - | - | - | €0 | - | €0 | €0 | - |
| Trade debts175 | - | - | - | - | €0 | - | €0 | €0 | - |
| Suppliers1750 | - | - | - | - | €0 | - | €0 | €0 | - |
| Bills of exchange payable1751 | - | - | - | - | €0 | - | €0 | €0 | - |
| Advances received on contracts in progress176 | - | - | - | - | €0 | - | €0 | €0 | - |
| Other amounts payable178/9 | - | - | - | - | €0 | - | €0 | €0 | - |
| Amounts payable within one year42/48 | €43,254 | €88,394 | €72,408 | €53,790 | €67,609 | €109,306 | €142,445 | €92,739 | ▼ 34.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €12,391 | €2,576 | ▼ 79.2% |
| Financial debts43 | - | - | - | - | €0 | - | €24,903 | €24,934 | ▲ 0.1% |
| Credit institutions430/8 | - | - | - | - | €0 | - | €24,903 | €24,934 | ▲ 0.1% |
| Other loans439 | - | - | - | - | €0 | - | €0 | €0 | - |
| Trade debts44 | €607 | €515 | €36 | €1,828 | €13,954 | €2,342 | €0 | €0 | - |
| Suppliers440/4 | - | - | - | €1,828 | €13,954 | €2,342 | €0 | €0 | - |
| Bills of exchange payable441 | - | - | - | - | €0 | - | €0 | €0 | - |
| Advances received on contracts in progress46 | - | - | - | - | €0 | €13,290 | €6,355 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €24,383 | €28,813 | €49,645 | €45,269 | €39,623 | ▼ 12.5% |
| Taxes450/3 | - | - | - | €19,168 | €27,780 | €23,166 | €28,931 | €34,347 | ▲ 18.7% |
| Remuneration and social security454/9 | - | - | - | €5,215 | €1,033 | €26,479 | €16,338 | €5,276 | ▼ 67.7% |
| Other amounts payable47/48 | - | - | - | €27,580 | €24,843 | €44,029 | €53,527 | €25,607 | ▼ 52.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0 | - | €0 | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€931 | -€22,044 | €21,085 | €4,434 | €30,225 | -€1,186 | -€56,924 | €39,433 | - |
| + Depreciation and write-downs630 | €3,037 | €3,401 | €8,947 | €10,246 | €10,988 | €13,297 | €12,665 | €29,392 | ▲ 132% |
| Operating cash flow (approximation) | €2,106 | -€18,643 | €30,032 | €14,681 | €41,212 | €12,111 | -€44,259 | €68,825 | - |
| Investment in fixed assets (approximation) | - | -€33,956 | -€14,311 | -€16,031 | -€39,629 | -€69,640 | -€436,646 | €0 | - |
| Change in cash | - | -€19,939 | -€7,016 | €673 | €22,642 | -€23,563 | -€157 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 496 companies had the same profile as ECLIPS SOFTWARE DEVELOPMENT CENTER has now. Two years later, 95.4% were still going and 1.2% had gone bankrupt.
- Small
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ECLIPS SOFTWARE DEVELOPMENT CENTER itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 496 companies, not a prediction for ECLIPS SOFTWARE DEVELOPMENT CENTER. 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.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00365485 | |
| 31-12-2024 | full format | 31-07-2025 | 2025-00342001 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00308145 | |
| 31-12-2022 | full format | 30-07-2023 | 2023-00291244 | |
| 31-12-2021 | full format | 31-07-2022 | 2022-20253027 | |
| 31-12-2020 | full format | 30-07-2021 | 2021-43900467 | |
| 31-12-2019 | full format | 29-07-2020 | 2020-36200364 | |
| 31-12-2018 | full format | 31-07-2019 | 2019-43600587 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-57900071 | |
| 31-12-2016 | abbreviated format | 31-12-2017 | 2017-73700048 |