Fouquaert Software
ActiveSummary
Fouquaert Software has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559,696 and a net result of €24,205. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 91% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-1
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 12.51 against 12.3 in 2024; short-term debt: 8% and cash: 27.5% of total assets), and 8% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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
92%
Return on assets
4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €559,696
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
64 d early
2023
47 d early
2022
47 d early
2021
44 d early
2020
46 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 48 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 company by equity in Lievegem, Telecoms and IT sector#2 oldest company in Lievegem, Telecoms and IT sector#8 company by total assets in Lievegem, Telecoms and IT sector
Turnover
€83,296▲ 25.3%
2022 · €66,491
EBIT margin
36.1%▲ 12.8pp
2022 · 23.2%
Net result
€24,205▼ 17.7%
2024 · €29,425
Working capital
€557,775▲ 4.7%
2024 · €532,699
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€31,690€66,491▲ 110%€83,296▲ 25.3%
Operating result-€20,176▲ 5.3%€15,459€30,062▲ 94.5%€31,909▲ 6.1%€20,350▼ 36.2%
Net result-€10,859below the sector's middle half▲ 32.8%€20,097within the sector's middle half€26,349within the sector's middle half▲ 31.1%€29,425within the sector's middle half▲ 11.7%€24,205within the sector's middle half▼ 17.7%
EBIT margin-63.7%23.2%▲ 86.9pp36.1%▲ 12.8pp
Equity€459,621within the sector's middle half▼ 2.3%€479,717above the sector's middle half▲ 4.4%€506,066above the sector's middle half▲ 5.5%€535,491above the sector's middle half▲ 5.8%€559,696above the sector's middle half▲ 4.5%
Total assets€488,817within the sector's middle half▼ 1.4%€515,886above the sector's middle half▲ 5.5%€549,548above the sector's middle half▲ 6.5%€582,627above the sector's middle half▲ 6.0%€608,167above the sector's middle half▲ 4.4%
Debt€29,197▲ 15.7%€36,169▲ 23.9%€43,482▲ 20.2%€47,136▲ 8.4%€48,471▲ 2.8%
Working capital€459,571above the sector's middle half▼ 2.3%€479,667above the sector's middle half▲ 4.4%€502,403above the sector's middle half▲ 4.7%€532,699above the sector's middle half▲ 6.0%€557,775above the sector's middle half▲ 4.7%
Solvency94.0%above the sector's middle half▼ 0.9pp93.0%above the sector's middle half▼ 1.0pp92.1%above the sector's middle half▼ 0.9pp91.9%above the sector's middle half▼ 0.2pp92.0%above the sector's middle half▲ 0.1pp
Current ratio16.74above the sector's middle half▼ 2.9014.26above the sector's middle half▼ 2.4812.55above the sector's middle half▼ 1.7112.30above the sector's middle half▼ 0.2512.51above the sector's middle half▲ 0.21
Return on assets (ROA)-2.2%below the sector's middle half▲ 1.0pp3.9%within the sector's middle half▲ 6.1pp4.8%within the sector's middle half▲ 0.9pp5.1%within the sector's middle half▲ 0.3pp4.0%below the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €608,167
Fixed assets
€1,922 ▼ 31.2%
Current assets
€606,246 ▲ 4.6%
Equity and liabilities €608,167
Equity
€559,696 ▲ 4.5%
Debt
€48,471 ▲ 2.8%
Debt's share of the balance-sheet total falls from 8.1% to 8.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21,221▼
2024 · €32,780
Cash flow
€25,076▼
2024 · €30,296
Debt to equity
0.09▼
2024 · 0.09
ROE
4.3%▼
2024 · 5.5%
Interest coverage
7.38▼
2024 · 15.73
Debt ≤ 1 year
€48,471▲
2024 · €47,136
Income taxes
€9,485▼
2024 · €13,982
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €31,690 | €66,491 | €83,296 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €52,710 | €51,999 | €53,582 | €51,436 | €51,914 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €741 | €871 | €871 | = |
| Other operating charges640/8 | €717 | €741 | €802 | €823 | €845 | ▲ 2.7% |
| Gross operating margin9900 | -€19,459 | €16,199 | €31,604 | €33,603 | €22,066 | ▼ 34.3% |
| Operating profit (loss)9901 | -€20,176 | €15,459 | €30,062 | €31,909 | €20,350 | ▼ 36.2% |
| Financial income75/76B | €10,644 | €11,372 | €9,811 | €13,581 | €16,218 | ▲ 19.4% |
| Recurring financial income75 | €10,644 | €11,372 | €9,811 | €13,581 | €16,218 | ▲ 19.4% |
| Financial charges65/66B | €1,218 | €4,615 | €4,068 | €2,083 | €2,877 | ▲ 38.1% |
| Recurring financial charges65 | €1,218 | €4,615 | €4,068 | €2,083 | €2,877 | ▲ 38.1% |
| Profit (loss) for the period before taxes9903 | -€10,749 | €22,216 | €35,804 | €43,407 | €33,691 | ▼ 22.4% |
| Income taxes67/77 | €110 | €2,119 | €9,455 | €13,982 | €9,485 | ▼ 32.2% |
| Profit (loss) for the period9904 | -€10,859 | €20,097 | €26,349 | €29,425 | €24,205 | ▼ 17.7% |
| Profit (loss) for the period to be appropriated9905 | -€10,859 | €20,097 | €26,349 | €29,425 | €24,205 | ▼ 17.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €488,817 | €515,886 | €549,548 | €582,627 | €608,167 | ▲ 4.4% |
| Fixed assets21/28 | €50 | €50 | €3,663 | €2,792 | €1,922 | ▼ 31.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | €3,613 | €2,742 | €1,872 | ▼ 31.8% |
| Plant, machinery and equipment23 | - | - | €3,613 | €2,742 | €1,872 | ▼ 31.8% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €488,767 | €515,836 | €545,885 | €579,834 | €606,246 | ▲ 4.6% |
| Amounts receivable within one year40/41 | €8,522 | €12,532 | €11,730 | €14,118 | €12,782 | ▼ 9.5% |
| Trade receivables40 | €3,615 | €9,122 | €7,854 | €10,489 | €11,205 | ▲ 6.8% |
| Other amounts receivable41 | €4,907 | €3,410 | €3,876 | €3,629 | €1,577 | ▼ 56.5% |
| Current investments50/53 | €383,355 | €378,323 | €421,632 | €431,650 | €425,652 | ▼ 1.4% |
| Cash at bank and in hand54/58 | €96,890 | €124,586 | €112,127 | €133,672 | €167,417 | ▲ 25.2% |
| Deferred charges and accrued income490/1 | - | €395 | €395 | €395 | €395 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €488,817 | €515,886 | €549,548 | €582,627 | €608,167 | ▲ 4.4% |
| Equity10/15 | €459,621 | €479,717 | €506,066 | €535,491 | €559,696 | ▲ 4.5% |
| Contributions10/11 | €288,592 | €288,592 | €288,592 | €288,592 | €288,592 | = |
| Reserves13 | €167,510 | €187,510 | €213,510 | €234,651 | €258,651 | ▲ 10.2% |
| Non-distributable reserves130/1 | €7,859 | €7,859 | €7,859 | - | - | - |
| Reserves not available under the articles1311 | €7,859 | €7,859 | €7,859 | - | - | - |
| Tax-exempt reserves132 | €4,151 | €4,151 | €4,151 | €4,151 | €4,151 | = |
| Distributable reserves133 | €155,500 | €175,500 | €201,500 | €230,500 | €254,500 | ▲ 10.4% |
| Profit (loss) carried forward14 | €3,518 | €3,615 | €3,964 | €12,248 | €12,453 | ▲ 1.7% |
| Amounts payable17/49 | €29,197 | €36,169 | €43,482 | €47,136 | €48,471 | ▲ 2.8% |
| Amounts payable within one year42/48 | €29,197 | €36,169 | €43,482 | €47,136 | €48,471 | ▲ 2.8% |
| Trade debts44 | €949 | €874 | €871 | €688 | €929 | ▲ 35.0% |
| Suppliers440/4 | €949 | €874 | €871 | €688 | €929 | ▲ 35.0% |
| Taxes, remuneration and social security45 | €1,471 | €4,033 | €6,552 | €5,702 | €6,999 | ▲ 22.8% |
| Taxes450/3 | €1,471 | €4,033 | €3,848 | €5,702 | €6,999 | ▲ 22.8% |
| Remuneration and social security454/9 | - | - | €2,704 | - | - | - |
| Other amounts payable47/48 | €26,776 | €31,261 | €36,060 | €40,746 | €40,543 | ▼ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,859 | €20,097 | €26,349 | €29,425 | €24,205 | ▼ 17.7% |
| + Depreciation and write-downs630 | - | - | €741 | €871 | €871 | = |
| Operating cash flow (approximation) | -€10,859 | €20,097 | €27,090 | €30,296 | €25,076 | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | €0 | -€4,355 | €0 | €0 | - |
| Change in cash | - | €27,695 | -€12,458 | €21,544 | €33,745 | ▲ 56.6% |
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €29,425 ▲11.7%
Operating result €31,909, net result €29,425, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500,000Eq €506,066 ▲5.5%
2 profitable years in a row build equity to €506,066.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20,097
Net result €20,097 after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€16,148
Net result drops to -€16,148, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €7,548
Net result €7,548 after one loss-making year.
Show earlier events
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Lievegem · 1 establishment unit since 1998
Ground area
908 m²
Building footprint
156 m²
Volume, LiDAR
844 m³
Parcel 44452B0371/00E000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wijnzilver 36, 9920 Lievegem
since 19982.085.592.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B0371/00E000 | Flanders | 908 m² | 1 · 156 m² | 7.4 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.
Recognitions · licences · registrations
Legal Entity Identifier
9676007YHAXT3QR7WJ28
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Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 5,301 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
Founded05-02-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462582013
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.