GOVINDA SOFTWARE SOLUTIONS
The computed 12-month bankruptcy probability of GOVINDA SOFTWARE SOLUTIONS is 3.4% (moderate). The 2024 annual accounts show negative equity (€-4k) and a net result of €-5k. Equity is shrinking by ~154.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 230 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-4k |
| Net result | €-5k |
| Better than sector | 13% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on growth.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -69.5% | 47.1% | |
| Net result | €-5k | €5k | |
| Equity | €-4k | €26k | |
| Gross operating margin | €4k | €17k | |
| Total assets | €5k | €87k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €3k |
| Net profit | €-5k |
| Cash flow | €2k |
| Staff costs | - |
| Income taxes | €883 |
| Dividends | - |
| Total assets | €5k |
| Equity | €-4k |
| Debt | €9k |
| of which ≤ 1y | €9k |
| of which > 1y | - |
| Working capital | €-4k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.50 |
| Quick ratio | 0.50 |
| Working capital ratio | -85.3% |
| Solvency | -69.5% |
| Debt / equity | -2.44 |
| Long-term debt ratio | - |
| Interest coverage | 17.46 |
| Gross margin | - |
| Net margin | - |
| ROA | -91.0% |
| ROE | 130.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5k |
| Fixed assets | 21/28 | €827 |
| Tangible fixed assets | 22/27 | €827 |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €7k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €9k |
| Amounts payable within one year | 42/48 | €9k |
| Trade debts payable within one year | 44 | €102 |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €-4k |
| Financial charges | 65 | €191 |
| Result before taxes | 9903 | €-4k |
| Income taxes | 67/77 | €883 |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | 58290 |
| Legal form | Private limited company(610) |
| Incorporation | 26-11-2021 |
| Status | Active |
| Postal code | 6940 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83047E0129/00T000 | Wallonia | 982 m² | 1 · 31 m² | - |
| 12025E1092/00S002 | Flanders | 92 m² | 1 · 74 m² | 15.8 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-03-2026 1 director appointed, 1 resigning
- Hakim Andrusha Ndirembako, Bestuurder
- Gregor Majaron, Commissaris
Technical details
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"name": "Maria Dockx",
"address": "Korenmarkt 30, 2800 Malines",
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"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Marche-en-famenne",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-16",
"filing_date": "2026-03-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
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"body": "buitengewone_algemene_vergadering",
"date": "2026-01-10",
"unanimous": true
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],
"is_correction": false,
"subject_company": {
"kbo": "0777.772.427",
"name_full": "Govinda Software Solutions",
"legal_form": "SRL",
"_kbo_filled_from_list": true
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"co_filed_documents": [],
"corrected_publication_numac": null
}30-11-2021 Incorporation of a new SRL
Technical details
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"seat": "6940 Durbuy (Septon), Petite Somme 20",
"schema": "v3.2",
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"founders": [
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"kind": "natural_person",
"person": {
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"name": "MAJARON Gregor",
"niss": null,
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},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 7000,
"holder_person_name": "MAJARON Gregor",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 7000,
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GOVINDA SOFTWARE SOLUTIONS |