FERN - SOFWARE EFFENCIENCY
ActiveSummary
FERN - SOFWARE EFFENCIENCY has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €404k and a net result of €15k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 75% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.6 against 3.1 in 2023; short-term debt: 16.1% and cash: 23.5% of total assets), and 20.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
36 d early
2022
56 d early
2021
45 d early
2020
39 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€404k▲ 3.9%
2023 · €389k
2018: €388klowest in 7 years
2019: €395k▲ +1.8% vs 2018
2020: €391k▼ -1.1% vs 2019
2021: €447k▲ +14.4% vs 2020highest in 7 years
2022: €398k▼ -10.9% vs 2021
2023: €389k▼ -2.4% vs 2022
2024: €404k▲ +3.9% vs 2023
2018 → 2024
Total assets
€507k▲ 2.5%
2023 · €495k
2018: €695k
2019: €826k▲ +19.0% vs 2018
2020: €1.02M▲ +23.2% vs 2019highest in 7 years
2021: €832k▼ -18.3% vs 2020
2022: €686k▼ -17.5% vs 2021
2023: €495k▼ -27.8% vs 2022lowest in 7 years
2024: €507k▲ +2.5% vs 2023
2018 → 2024
Net result
€15k▲ 860%
2023 · €2k
2018: €15k
2019: €7k▼ -53.1% vs 2018
2020: €43k▲ +525% vs 2019
2021: €67k▲ +55.5% vs 2020highest in 7 years
2022: €16k▼ -76.3% vs 2021
2023: €2k▼ -90.0% vs 2022lowest in 7 years
2024: €15k▲ +860% vs 2023
2018 → 2024
Working capital
€212k▼ 5.2%
2023 · €223k
2018: €61klowest in 7 years
2019: €120k▲ +96.7% vs 2018
2020: €344k▲ +186% vs 2019highest in 7 years
2021: €262k▼ -23.7% vs 2020
2022: €232k▼ -11.4% vs 2021
2023: €223k▼ -3.9% vs 2022
2024: €212k▼ -5.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€391k-€447k▲ 14.4%€398k▼ 10.9%€389k▼ 2.4%€404k▲ 3.9%
2020: €391k
2021: €447k▲ +14.4% vs 2020highest in 5 years
2022: €398k▼ -10.9% vs 2021
2023: €389k▼ -2.4% vs 2022lowest in 5 years
2024: €404k▲ +3.9% vs 2023
Operating result€74k-€99k▲ 34.9%€42k▼ 57.5%€11k▼ 73.4%€23k▲ 108%
2020: €74k
2021: €99k▲ +34.9% vs 2020highest in 5 years
2022: €42k▼ -57.5% vs 2021
2023: €11k▼ -73.4% vs 2022lowest in 5 years
2024: €23k▲ +108% vs 2023
Net result€43k-€67k▲ 55.5%€16k▼ 76.3%€2k▼ 90.0%€15k▲ 860%
2020: €43k
2021: €67k▲ +55.5% vs 2020highest in 5 years
2022: €16k▼ -76.3% vs 2021
2023: €2k▼ -90.0% vs 2022lowest in 5 years
2024: €15k▲ +860% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 108% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €507k
Fixed assets
€214k ▲ 29.6%
Current assets
€293k ▼ 11.1%
Equity and liabilities €507k
Equity
€404k ▲ 3.9%
Debt
€104k ▼ 2.6%
Debt's share of the balance-sheet total falls from 21.5% to 20.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €35k
Cash flow
€41k▲
2023 · €25k
Current ratio
3.60▲
2023 · 3.10
Debt to equity
0.26▼
2023 · 0.27
ROE
3.8%▲
2023 · 0.4%
ROA
3.0%▲
2023 · 0.3%
Interest coverage
319.45▲
2023 · 134.50
Debt ≤ 1 year
€81k▼
2023 · €106k
Income taxes
€9k▲
2023 · €3k
Staff costs
€83k▲
2023 · €82k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€495k€507k▲
Fixed assets21/28€165k€214k▲
Tangible fixed assets22/27€138k€187k▲
Land and buildings22€100k€94k▼
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€22k€82k▲
Financial fixed assets28€28k€28k=
Current assets29/58€330k€293k▼
Amounts receivable within one year40/41€199k€173k▼
Trade receivables40€130k€92k▼
Other amounts receivable41€69k€81k▲
Cash at bank and in hand54/58€130k€119k▼
Deferred charges and accrued income490/1€1k€558▼
Equity and liabilities
Total equity and liabilities10/49€495k€507k▲
Equity10/15€389k€404k▲
Contributions10/11€237k€237k=
Reserves13€151k€167k▲
Tax-exempt reserves132€8k€8k=
Distributable reserves133€144k€159k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€106k€104k▼
Amounts payable within one year42/48€106k€81k▼
Trade debts44€36k€27k▼
Suppliers440/4€36k€27k▼
Taxes, remuneration and social security45€60k€55k▼
Taxes450/3€50k€44k▼
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€11k€0▼
Accrued charges and deferred income492/3-€22k
Income statement
Code20232024
Non-recurring operating income76A€1k€2k▲
Remuneration, social security and pensions62€82k€83k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€125k€139k▲
Operating profit (loss)9901€11k€23k▲
Financial income75/76B€494€1k▲
Recurring financial income75€494€1k▲
Financial charges65/66B€7k€153▼
Recurring financial charges65€260€153▼
Non-recurring financial charges66B€6k€0▼
Profit (loss) for the period before taxes9903€5k€25k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€2k€15k▲
Profit (loss) for the period to be appropriated9905€2k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€15k▲
Transfer from equity791/2€11k€0▼
Transfer to equity691/2€2k€15k▲
To the legal reserve6920€2k€15k▲
Profit to be distributed694/7€11k€0▼
Return on contributions (dividend)694€11k€0▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1k | €2k | ▲ 84.5% |
| Remuneration, social security and pensions62 | - | €184k | €123k | €82k | €83k | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €39k | €43k | €24k | €26k | ▲ 7.3% |
| Other operating charges640/8 | - | €15k | €15k | €8k | €7k | ▼ 20.6% |
| Non-recurring operating charges66A | - | €4k | - | - | - | - |
| Gross operating margin9900 | €336k | €342k | €223k | €125k | €139k | ▲ 10.7% |
| Operating profit (loss)9901 | €74k | €99k | €42k | €11k | €23k | ▲ 108% |
| Financial income75/76B | - | €92 | €38 | €494 | €1k | ▲ 171% |
| Recurring financial income75 | €562 | €92 | €38 | €494 | €1k | ▲ 171% |
| Financial charges65/66B | - | €2k | €1k | €7k | €153 | ▼ 97.7% |
| Recurring financial charges65 | €375 | €2k | €1k | €260 | €153 | ▼ 41.2% |
| Non-recurring financial charges66B | - | - | - | €6k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €70k | €98k | €41k | €5k | €25k | ▲ 389% |
| Income taxes67/77 | €27k | €31k | €25k | €3k | €9k | ▲ 171% |
| Profit (loss) for the period9904 | €43k | €67k | €16k | €2k | €15k | ▲ 860% |
| Profit (loss) for the period to be appropriated9905 | €58k | €67k | €16k | €2k | €15k | ▲ 860% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.02M | €832k | €686k | €495k | €507k | ▲ 2.5% |
| Fixed assets21/28 | €236k | €221k | €187k | €165k | €214k | ▲ 29.6% |
| Tangible fixed assets22/27 | €192k | €177k | €144k | €138k | €187k | ▲ 35.5% |
| Land and buildings22 | - | €123k | €110k | €100k | €94k | ▼ 6.2% |
| Plant, machinery and equipment23 | - | €23k | €23k | €16k | €11k | ▼ 33.5% |
| Furniture and vehicles24 | - | €30k | €10k | €22k | €82k | ▲ 282% |
| Other tangible fixed assets26 | - | €394 | - | - | - | - |
| Financial fixed assets28 | €44k | €44k | €44k | €28k | €28k | = |
| Current assets29/58 | €782k | €611k | €499k | €330k | €293k | ▼ 11.1% |
| Amounts receivable within one year40/41 | €554k | €524k | €409k | €199k | €173k | ▼ 12.8% |
| Trade receivables40 | - | €504k | €340k | €130k | €92k | ▼ 29.5% |
| Other amounts receivable41 | - | €20k | €69k | €69k | €81k | ▲ 18.9% |
| Cash at bank and in hand54/58 | €225k | €82k | €87k | €130k | €119k | ▼ 7.9% |
| Deferred charges and accrued income490/1 | - | €4k | €2k | €1k | €558 | ▼ 62.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.02M | €832k | €686k | €495k | €507k | ▲ 2.5% |
| Equity10/15 | €391k | €447k | €398k | €389k | €404k | ▲ 3.9% |
| Contributions10/11 | - | €237k | €237k | €237k | €237k | = |
| Reserves13 | €154k | €210k | €161k | €151k | €167k | ▲ 10.0% |
| Non-distributable reserves130/1 | - | €13k | €13k | - | - | - |
| Reserves not available under the articles1311 | - | €13k | €13k | - | - | - |
| Tax-exempt reserves132 | - | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | - | €190k | €141k | €144k | €159k | ▲ 10.6% |
| Profit (loss) carried forward14 | €-4k | - | - | - | €0 | - |
| Amounts payable17/49 | €627k | €385k | €288k | €106k | €104k | ▼ 2.6% |
| Amounts payable within one year42/48 | €439k | €348k | €266k | €106k | €81k | ▼ 23.3% |
| Trade debts44 | €248k | €230k | €119k | €36k | €27k | ▼ 24.6% |
| Suppliers440/4 | - | €230k | €119k | €36k | €27k | ▼ 24.6% |
| Taxes, remuneration and social security45 | - | €118k | €102k | €60k | €55k | ▼ 8.9% |
| Taxes450/3 | - | €96k | €88k | €50k | €44k | ▼ 11.1% |
| Remuneration and social security454/9 | - | €22k | €14k | €10k | €10k | ▲ 1.5% |
| Other amounts payable47/48 | - | €854 | €45k | €11k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €36k | €21k | - | €22k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €67k | €16k | €2k | €15k | ▲ 860% |
| + Depreciation and write-downs630 | €45k | €39k | €43k | €24k | €26k | ▲ 7.3% |
| Operating cash flow (approximation) | €88k | €107k | €59k | €25k | €41k | ▲ 60.6% |
| Investment in fixed assets (approximation) | - | €-25k | €-9k | €-2k | €-74k | ▼ 4,086% |
| Change in cash | - | €-143k | €5k | €42k | €-10k | ▼ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €2k ▼90%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €67k ▲55.5%
Operating result €99k, net result €67k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Holsbeek · 1 establishment unit since 1992
Ground area
2.2 ha
Building footprint
392 m²
Volume, LiDAR
2,691 m³
Parcel 24043E0190/00K000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Chartreuzenberg 39, 3220 Holsbeek
since 19922.055.714.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24043E0190/00K000 | Flanders | 2.2 ha | 1 · 392 m² | 12.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-1991
Fiscal year end31-12
Abbreviation NL
FERN of SOFTWARE EFFICIENCY
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
46180Agents specialised in the wholesale of other particular products
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.