Hybrid Software
ActiveSummary
Hybrid Software has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €967,981 and a net result of €188,333. Equity has been shrinking by about 8.9% per year since 2018. Its solvency ranks better than 56% of 191 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 17-08-2011 Normal situation
- Activity
- Other software publishing NACE 58290and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.202.422.216 9820 Merelbeke-Melle, since 24-08-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Board and ownership
- BELLEVARDE FINANCIALManaging director · permanent representative Joachim Van Hemelen
- POWERGRAPHManaging director · permanent representative Guido Van Der Schueren
- P.C. SOLUTIONSDirector · since 30-04-2026 · permanent representative Patrick Coussement
- Auditor
- KPMG Bedrijfsrevisoren BV/SRL
- HYBRID Software Development99.98%· score 88annual accounts 2025
- Hybrid Software Group PLCconsolidatesannual accounts 2025
- Hybrid Software France SAS0.02%annual accounts 2025
- Holdings
- Shares in 1 company Hybrid Software China Co. Ltd.
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €4.9m
- ▲ 34.8%
- Profit
- €188,333
- Equity
- €967,981
- ▲ 24.2%
- Total assets
- €2.2m
- ▲ 52.9%
- Employees on 31-12-2025
- 13
- ▼ 7.1%
Score breakdownlowers riskLiquidity: current ratio 3.92, cash €685,042Sector: Publishing activities (NACE 58)Figures for financial year 2025 (filed on 17-07-2026)Profit of €188,333 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, small). It does better than 51% of them on solvency, 78% on liquidity, 47% on profitability and 83% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Back in profit in 2025after a loss of €455,823 in 2024 €188,333 View
- Positive: 2nd largest company by total assets in Merelbeke-Melle, Publishing and media sectorin the Checked rankings No. 2 View
- Positive: 3 years of growth in a rowturnover 2025: €4.9m 3 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Capital decrease of €1,450,000 to €250,000Reappointments: BV Powergraph, BV Bellevarde Financial and BV P.C. Solutions · Permanent representatives: Guido Van Der Schueren, Joachim Van Hemelen and Patrick Coussement · Appointments: BV Powergraph (managing director) and BV Bellevarde Financial (managing director)
- · Gazette deed Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)Permanent representatives: Brecht Buysschaert, Guido Van der Schueren and Joachim Van Hemelen
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Hybrid Software: other software publishing (NACE 58290). They are comparable in size and age: total assets between €776,000 and €6.6m, founded between 2006 and 2019.
| Company | Total assets | Turnover |
|---|---|---|
| Hybrid Software Merelbeke-Melle | €2.2m | €4.9m |
| MONIN Edegem | €2.4m | €4.3m |
| VAIMO BENELUX Genk | €1.7m | €6.7m |
| Billtrust Belgium Gent | €4.7m | €5.6m |
| Tilroy Aartselaar | €3.1m | €6.4m |
| MANEX Liège | €0.8m | €2.3m |
| Aptean Drink-IT Wichelen | €6.6m | €5.8m |
Key facts about Hybrid Software
- What is the company number of Hybrid Software?
- The company number of Hybrid Software is 0839.161.252. The VAT number is the same number with BE in front: BE 0839.161.252.
- Where is Hybrid Software based?
- The registered office is at Guldensporenpark 18, 9820 Merelbeke-Melle.Company details
- What does Hybrid Software do?
- According to the KBO register, the main activity is other software publishing (NACE 58290).
- What is the legal form of Hybrid Software?
- The legal form of Hybrid Software is Public limited company (NV).
- When was Hybrid Software founded?
- Hybrid Software was founded on 17-08-2011.
- Is Hybrid Software still active?
- Yes, Hybrid Software is an active enterprise in the KBO register.
- How many employees does Hybrid Software have?
- Hybrid Software had an average of 12.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Hybrid Software fall under?
- In its 2025 annual accounts, Hybrid Software states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Hybrid Software?
- The turnover of Hybrid Software was €4.9m in financial year 2025, according to the filed annual accounts.
- Is Hybrid Software profitable?
- In financial year 2025, Hybrid Software made a profit of €188,333.
- Where can I find the annual accounts of Hybrid Software?
- Hybrid Software filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Hybrid Software due?
- Hybrid Software must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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