Fusionsoft
ActiveSummary
Fusionsoft has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €87k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+24
Solvency86▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.2 in 2024; short-term debt: 39.2% and cash: 51.9% of total assets), and 39.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
60.6%
Return on assets
30.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
30 d late
2022
25 d late
2021
25 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€174k▲ 20.2%
2024 · €145k
2019: €94klowest in 7 years
2020: €155k▲ +64.3% vs 2019
2021: €161k▲ +3.8% vs 2020
2022: €185k▲ +14.9% vs 2021
2023: €210k▲ +13.8% vs 2022highest in 7 years
2024: €145k▼ -31.2% vs 2023
2025: €174k▲ +20.2% vs 2024
2019 → 2025
Total assets
€287k▲ 17.7%
2024 · €244k
2019: €138klowest in 7 years
2020: €208k▲ +50.4% vs 2019
2021: €210k▲ +1.0% vs 2020
2022: €219k▲ +4.2% vs 2021
2023: €227k▲ +3.6% vs 2022
2024: €244k▲ +7.5% vs 2023
2025: €287k▲ +17.7% vs 2024highest in 7 years
2019 → 2025
Net result
€87k▲ 505%
2024 · €14k
2019: €82k
2020: €61k▼ -25.9% vs 2019
2021: €6k▼ -90.2% vs 2020lowest in 7 years
2022: €24k▲ +303% vs 2021
2023: €26k▲ +7.1% vs 2022
2024: €14k▼ -43.6% vs 2023
2025: €87k▲ +505% vs 2024highest in 7 years
2019 → 2025
Working capital
€132k▲ 11.2%
2024 · €118k
2019: €91klowest in 7 years
2020: €151k▲ +65.4% vs 2019
2021: €155k▲ +2.7% vs 2020
2022: €181k▲ +16.7% vs 2021
2023: €181k▲ +0.1% vs 2022highest in 7 years
2024: €118k▼ -34.7% vs 2023
2025: €132k▲ +11.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€185k▲ 14.9%€210k▲ 13.8%€145k▼ 31.2%€174k▲ 20.2%
2021: €161k
2022: €185k▲ +14.9% vs 2021
2023: €210k▲ +13.8% vs 2022highest in 5 years
2024: €145k▼ -31.2% vs 2023lowest in 5 years
2025: €174k▲ +20.2% vs 2024
Operating result€5k-€33k▲ 597%€39k▲ 17.0%€21k▼ 46.8%€129k▲ 522%
2021: €5klowest in 5 years
2022: €33k▲ +597% vs 2021
2023: €39k▲ +17.0% vs 2022
2024: €21k▼ -46.8% vs 2023
2025: €129k▲ +522% vs 2024highest in 5 years
Net result€6k-€24k▲ 303%€26k▲ 7.1%€14k▼ 43.6%€87k▲ 505%
2021: €6klowest in 5 years
2022: €24k▲ +303% vs 2021
2023: €26k▲ +7.1% vs 2022
2024: €14k▼ -43.6% vs 2023
2025: €87k▲ +505% vs 2024highest in 5 years
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 522% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287k
Fixed assets
€43k ▲ 62.7%
Current assets
€244k ▲ 12.3%
Equity and liabilities €287k
Equity
€174k ▲ 20.2%
Debt
€113k ▲ 14.1%
Debt's share of the balance-sheet total falls from 40.6% to 39.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€132k▲
2024 · €29k
Cash flow
€89k▲
2024 · €22k
Current ratio
2.17▼
2024 · 2.20
Debt to equity
0.65▼
2024 · 0.68
ROE
50.2%▲
2024 · 10.0%
ROA
30.4%▲
2024 · 5.9%
Interest coverage
749.81▲
2024 · 128.83
Debt ≤ 1 year
€112k▲
2024 · €99k
Income taxes
€43k▲
2024 · €6k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€244k€287k▲
Fixed assets21/28€26k€43k▲
Tangible fixed assets22/27€26k€43k▲
Land and buildings22-€38k
Plant, machinery and equipment23€22k€210▼
Furniture and vehicles24€4k€4k▲
Financial fixed assets28€320-
Current assets29/58€217k€244k▲
Amounts receivable within one year40/41€30k€47k▲
Trade receivables40€24k€42k▲
Other amounts receivable41€6k€5k▼
Current investments50/53€107k€48k▼
Cash at bank and in hand54/58€79k€149k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€244k€287k▲
Equity10/15€145k€174k▲
Contributions10/11€12k€12k=
Reserves13€128k€157k▲
Distributable reserves133€128k€157k▲
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€99k€113k▲
Amounts payable within one year42/48€99k€112k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€17k€53k▲
Taxes450/3€17k€53k▲
Other amounts payable47/48€80k€58k▼
Accrued charges and deferred income492/3€64€555▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€913€1k▲
Gross operating margin9900€29k€133k▲
Operating profit (loss)9901€21k€129k▲
Financial income75/76B€150€760▲
Recurring financial income75€150€760▲
Financial charges65/66B€221€175▼
Recurring financial charges65€221€175▼
Profit (loss) for the period before taxes9903€21k€130k▲
Income taxes67/77€6k€43k▲
Profit (loss) for the period9904€14k€87k▲
Profit (loss) for the period to be appropriated9905€14k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€91k▲
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer from equity791/2€80k€58k▼
Transfer to equity691/2€14k€87k▲
To other reserves6921€14k€87k▲
Profit to be distributed694/7€80k€58k▼
Return on contributions (dividend)694€80k€58k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €4k | €8k | €2k | ▼ 72.1% |
| Other operating charges640/8 | €415 | €250 | €286 | €913 | €1k | ▲ 23.7% |
| Gross operating margin9900 | €6k | €36k | €43k | €29k | €133k | ▲ 351% |
| Operating profit (loss)9901 | €5k | €33k | €39k | €21k | €129k | ▲ 522% |
| Financial income75/76B | - | €5 | €79 | €150 | €760 | ▲ 406% |
| Recurring financial income75 | - | €5 | €79 | €150 | €760 | ▲ 406% |
| Financial charges65/66B | €151 | €156 | €2k | €221 | €175 | ▼ 20.8% |
| Recurring financial charges65 | €151 | €156 | €2k | €221 | €175 | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €5k | €33k | €37k | €21k | €130k | ▲ 527% |
| Income taxes67/77 | €-1k | €9k | €12k | €6k | €43k | ▲ 578% |
| Profit (loss) for the period9904 | €6k | €24k | €26k | €14k | €87k | ▲ 505% |
| Profit (loss) for the period to be appropriated9905 | €6k | €24k | €26k | €14k | €87k | ▲ 505% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €219k | €227k | €244k | €287k | ▲ 17.7% |
| Fixed assets21/28 | €6k | €4k | €29k | €26k | €43k | ▲ 62.7% |
| Tangible fixed assets22/27 | €6k | €3k | €29k | €26k | €43k | ▲ 64.7% |
| Land and buildings22 | - | - | - | - | €38k | - |
| Plant, machinery and equipment23 | - | - | €27k | €22k | €210 | ▼ 99.0% |
| Furniture and vehicles24 | €6k | €3k | €1k | €4k | €4k | ▲ 1.0% |
| Financial fixed assets28 | - | €320 | €320 | €320 | - | - |
| Current assets29/58 | €204k | €215k | €198k | €217k | €244k | ▲ 12.3% |
| Amounts receivable within one year40/41 | €30k | €59k | €72k | €30k | €47k | ▲ 55.0% |
| Trade receivables40 | - | €32k | €67k | €24k | €42k | ▲ 73.0% |
| Other amounts receivable41 | €30k | €27k | €5k | €6k | €5k | ▼ 20.4% |
| Current investments50/53 | €50k | €71k | €89k | €107k | €48k | ▼ 54.8% |
| Cash at bank and in hand54/58 | €123k | €84k | €27k | €79k | €149k | ▲ 88.1% |
| Deferred charges and accrued income490/1 | €1k | €1k | €10k | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €219k | €227k | €244k | €287k | ▲ 17.7% |
| Equity10/15 | €161k | €185k | €210k | €145k | €174k | ▲ 20.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €145k | €169k | €194k | €128k | €157k | ▲ 22.6% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €144k | €167k | €193k | €128k | €157k | ▲ 22.6% |
| Profit (loss) carried forward14 | €3k | €3k | €3k | €4k | €4k | ▲ 6.3% |
| Amounts payable17/49 | €49k | €34k | €16k | €99k | €113k | ▲ 14.1% |
| Amounts payable within one year42/48 | €49k | €34k | €16k | €99k | €112k | ▲ 13.6% |
| Trade debts44 | €19k | €4k | €4k | €2k | €1k | ▼ 37.6% |
| Suppliers440/4 | €19k | €4k | €4k | €2k | €1k | ▼ 37.6% |
| Taxes, remuneration and social security45 | €18k | €15k | €12k | €17k | €53k | ▲ 218% |
| Taxes450/3 | €15k | €13k | €12k | €17k | €53k | ▲ 218% |
| Remuneration and social security454/9 | €2k | €2k | - | - | - | - |
| Other amounts payable47/48 | €12k | €15k | - | €80k | €58k | ▼ 27.5% |
| Accrued charges and deferred income492/3 | €4 | - | - | €64 | €555 | ▲ 769% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €24k | €26k | €14k | €87k | ▲ 505% |
| + Depreciation and write-downs630 | €1k | €2k | €4k | €8k | €2k | ▼ 72.1% |
| Operating cash flow (approximation) | €7k | €26k | €29k | €22k | €89k | ▲ 304% |
| Investment in fixed assets (approximation) | - | €-320 | €-29k | €-5k | €-19k | ▼ 270% |
| Change in cash | - | €-39k | €-57k | €52k | €70k | ▲ 33.4% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2019net €87k ▲505%
Operating result €129k, net result €87k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲20.2%
7 profitable years in a row build equity to €174k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €210k ▲13.8%
5 profitable years in a row build equity to €210k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €6k ▼90.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €155k ▲64.3%
2 profitable years in a row build equity to €155k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gent · 1 establishment unit since 2018
Ground area
2,911 m²
Building footprint
980 m²
Volume, LiDAR
11,644 m³
2 parcels, Flanders · tallest building 20.8 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Fusionsoft
since 20182.281.966.768
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2734/00T002 | Flanders | 2,558 m² | 1 · 809 m² | 16.2 m · 4 fl. |
| 44804D1672/00B003 | Flanders | 352 m² | 1 · 171 m² | 20.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
ProfiT
BE 0802.974.611
Temse · Eq €173,878
B3IT
BE 0847.310.143
Mol · Eq €173,898
BRUNEX
BE 0746.622.856
Kontich · Eq €173,843
DAEMS INC
BE 0630.867.214
Malle · Eq €173,824
Netced
BE 0534.838.105
Elsene · Eq €173,821
Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,167 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
Founded19-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
77330Rental and leasing activities
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.