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INDUSOFT

Active
Private limited companyfounded 2006active for 19 yearsBredestraat 120, 9800 Deinze, BelgiumKBO/BCE: BE 0885.086.002
Summary

INDUSOFT has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162,030 and a net result of €38,162. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 39% of 21,074 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€162,030▲ 30.8%
2024 · €123,868
Total assets
€347,128▲ 16.5%
2024 · €297,958
Net result
€38,162▼ 76.8%
2024 · €164,802
Working capital
€72,938▼ 43.3%
2024 · €128,658
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 73% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€43,203 2025 Net result€38,162 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€46,187-€79,011▲ 71.1%€152,425▲ 92.9%€58,318▼ 61.7%€75,877▲ 30.1%€159,836▲ 111%€43,203▼ 73.0%
Net result€48,285-€78,431within the sector's middle half▲ 62.4%€151,112above the sector's middle half▲ 92.7%€53,609above the sector's middle half▼ 64.5%€56,153above the sector's middle half▲ 4.7%€164,802above the sector's middle half▲ 193%€38,162within the sector's middle half▼ 76.8%
Equity€42,318-€42,749within the sector's middle half▲ 1.0%€43,557below the sector's middle half▲ 1.9%€42,029within the sector's middle half▼ 3.5%€79,925within the sector's middle half▲ 90.2%€123,868within the sector's middle half▲ 55.0%€162,030above the sector's middle half▲ 30.8%
Total assets€96,827-€144,859below the sector's middle half▲ 49.6%€222,580within the sector's middle half▲ 53.7%€111,437within the sector's middle half▼ 49.9%€115,399within the sector's middle half▲ 3.6%€297,958above the sector's middle half▲ 158%€347,128above the sector's middle half▲ 16.5%
Debt€54,509-€102,110▲ 87.3%€179,023▲ 75.3%€69,408▼ 61.2%€35,474▼ 48.9%€174,090▲ 391%€185,097▲ 6.3%
Working capital€42,318-€42,749within the sector's middle half▲ 1.0%€33,570within the sector's middle half▼ 21.5%€31,009within the sector's middle half▼ 7.6%€72,401within the sector's middle half▲ 133%€128,658above the sector's middle half▲ 77.7%€72,938within the sector's middle half▼ 43.3%
Solvency43.7%-29.5%within the sector's middle half▼ 14.2pp19.6%within the sector's middle half▼ 9.9pp37.7%within the sector's middle half▲ 18.1pp69.3%within the sector's middle half▲ 31.5pp41.6%within the sector's middle half▼ 27.7pp46.7%within the sector's middle half▲ 5.1pp
Current ratio1.78-1.42within the sector's middle half▼ 0.361.19within the sector's middle half▼ 0.231.45within the sector's middle half▲ 0.263.06within the sector's middle half▲ 1.611.78within the sector's middle half▼ 1.281.40within the sector's middle half▼ 0.38
Return on assets (ROA)49.9%-54.1%above the sector's middle half▲ 4.3pp67.9%above the sector's middle half▲ 13.7pp48.1%above the sector's middle half▼ 19.8pp48.7%above the sector's middle half▲ 0.6pp55.3%above the sector's middle half▲ 6.7pp11.0%within the sector's middle half▼ 44.3pp
Staff (FTE)0.3below the sector's middle half1below the sector's middle half▲ 233%0.10.6▲ 500%1.3▲ 117%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347,128
Fixed assets €89,543 ▲ 21×
Current assets €257,585 ▼ 12.3%
Equity and liabilities €347,128
Equity €162,030 ▲ 30.8%
Debt €185,097 ▲ 6.3%
Debt's share of the balance-sheet total falls from 58.4% to 53.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€54,860▼
2024 · €163,303
Cash flow
€49,820▼
2024 · €168,269
Debt to equity
1.14▼
2024 · 1.41
ROE
23.6%▼
2024 · 133.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€184,647▲
2024 · €164,955
Income taxes
€16,064▼
2024 · €21,644
Staff costs
€74,426▲
2024 · €26,357
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€297,958€347,128▲
Fixed assets21/28€4,345€89,543▲
Intangible fixed assets21€822€332▼
Tangible fixed assets22/27€3,523€89,210▲
Plant, machinery and equipment23-€85,705
Furniture and vehicles24€3,523€3,505▼
Current assets29/58€293,613€257,585▼
Amounts receivable within one year40/41€121,106€80,698▼
Trade receivables40€102,763€59,520▼
Other amounts receivable41€18,343€21,178▲
Current investments50/53-€100,000
Cash at bank and in hand54/58€170,657€70,537▼
Deferred charges and accrued income490/1€1,850€6,350▲
Equity and liabilities
Total equity and liabilities10/49€297,958€347,128▲
Equity10/15€123,868€162,030▲
Contributions10/11€18,600€18,600=
Reserves13€105,268€143,430▲
Distributable reserves133€105,268€143,430▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€174,090€185,097▲
Amounts payable within one year42/48€164,955€184,647▲
Trade debts44€3,599€27,502▲
Suppliers440/4€3,599€27,502▲
Taxes, remuneration and social security45€40,496€37,146▼
Taxes450/3€31,711€14,523▼
Remuneration and social security454/9€8,786€22,623▲
Other amounts payable47/48€120,859€120,000▼
Accrued charges and deferred income492/3€9,136€450▼
Income statement Code20242025
Remuneration, social security and pensions62€26,357€74,426▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,467€11,657▲
Other operating charges640/8€1,065€1,099▲
Gross operating margin9900€190,726€130,385▼
Operating profit (loss)9901€159,836€43,203▼
Financial income75/76B€26,655€11,150▼
Recurring financial income75€26,655€11,150▼
Financial charges65/66B€45€127▲
Recurring financial charges65€45€127▲
Profit (loss) for the period before taxes9903€186,446€54,226▼
Income taxes67/77€21,644€16,064▼
Profit (loss) for the period9904€164,802€38,162▼
Profit (loss) for the period to be appropriated9905€164,802€38,162▼
Appropriation of the result
Profit (loss) to be appropriated9906€164,802€38,162▼
Transfer from equity791/2€859€0▼
Transfer to equity691/2€44,802€38,162▼
To other reserves6921€44,802€38,162▼
Profit to be distributed694/7€120,859€0▼
Return on contributions (dividend)694€859€0▼
Directors or managers695€120,000€0▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€1,160€3,645€26,357€74,426▲ 182%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€2,589€3,467€3,467€3,467€11,657▲ 236%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€581€0---
Other operating charges640/8---€1,525€1,015€1,065€1,099▲ 3.2%
Gross operating margin9900€47,248€98,774€203,351€63,888€84,005€190,726€130,385▼ 31.6%
Operating profit (loss)9901€46,187€79,011€152,425€58,318€75,877€159,836€43,203▼ 73.0%
Financial income75/76B---€12€0€26,655€11,150▼ 58.2%
Recurring financial income75€2,330€7€143€12€0€26,655€11,150▼ 58.2%
Financial charges65/66B---€48€80€45€127▲ 184%
Recurring financial charges65€21€127€72€48€80€45€127▲ 184%
Profit (loss) for the period before taxes9903€48,495€78,891€152,497€58,283€75,797€186,446€54,226▼ 70.9%
Income taxes67/77€210€460€1,385€4,673€19,643€21,644€16,064▼ 25.8%
Profit (loss) for the period9904€48,285€78,431€151,112€53,609€56,153€164,802€38,162▼ 76.8%
Profit (loss) for the period to be appropriated9905€48,285€78,431€151,112€53,609€56,153€164,802€38,162▼ 76.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€96,827€144,859€222,580€111,437€115,399€297,958€347,128▲ 16.5%
Fixed assets21/28--€14,747€11,280€7,813€4,345€89,543▲ 21×
Intangible fixed assets21--€2,293€1,803€1,313€822€332▼ 59.6%
Tangible fixed assets22/27--€12,454€9,477€6,500€3,523€89,210▲ 25×
Plant, machinery and equipment23------€85,705-
Furniture and vehicles24---€9,477€6,500€3,523€3,505▼ 0.5%
Current assets29/58€96,827€144,859€207,833€100,157€107,586€293,613€257,585▼ 12.3%
Amounts receivable within one year40/41€34,926€116,773€63,438€37,787€73,262€121,106€80,698▼ 33.4%
Trade receivables40---€36,599€68,790€102,763€59,520▼ 42.1%
Other amounts receivable41---€1,188€4,472€18,343€21,178▲ 15.5%
Current investments50/53------€100,000-
Cash at bank and in hand54/58€61,901€28,086€143,931€60,657€32,601€170,657€70,537▼ 58.7%
Deferred charges and accrued income490/1---€1,713€1,723€1,850€6,350▲ 243%
Equity and liabilities
Total equity and liabilities10/49€96,827€144,859€222,580€111,437€115,399€297,958€347,128▲ 16.5%
Equity10/15€42,318€42,749€43,557€42,029€79,925€123,868€162,030▲ 30.8%
Contributions10/11€18,600--€18,600€18,600€18,600€18,600=
Reserves13€23,718€24,149€24,957€23,429€61,325€105,268€143,430▲ 36.3%
Non-distributable reserves130/1---€0----
Reserves not available under the articles1311---€0----
Distributable reserves133---€23,429€61,325€105,268€143,430▲ 36.3%
Profit (loss) carried forward14---€0€0€0€0-
Amounts payable17/49€54,509€102,110€179,023€69,408€35,474€174,090€185,097▲ 6.3%
Amounts payable within one year42/48€54,509€102,110€174,263€69,147€35,185€164,955€184,647▲ 11.9%
Trade debts44€435€2,681€595€2,942€2,744€3,599€27,502▲ 664%
Suppliers440/4---€2,942€2,744€3,599€27,502▲ 664%
Taxes, remuneration and social security45---€9,947€14,185€40,496€37,146▼ 8.3%
Taxes450/3---€9,947€13,600€31,711€14,523▼ 54.2%
Remuneration and social security454/9---€0€585€8,786€22,623▲ 157%
Other amounts payable47/48---€56,258€18,257€120,859€120,000▼ 0.7%
Accrued charges and deferred income492/3---€261€288€9,136€450▼ 95.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€48,285€78,431€151,112€53,609€56,153€164,802€38,162▼ 76.8%
+ Depreciation and write-downs630--€2,589€3,467€3,467€3,467€11,657▲ 236%
Operating cash flow (approximation)€48,285€78,431€153,701€57,077€59,621€168,269€49,820▼ 70.4%
Investment in fixed assets (approximation)---€0€0€0-€96,855-
Change in cash--€33,815€115,845-€83,274-€28,056€138,056-€100,120-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 27-11-2025 2025-00571569
30-09-2024 micro format 24-04-2025 2025-00074656
30-09-2023 micro format 05-03-2024 2024-00038887
30-09-2022 micro format 20-04-2023 2023-00063403
30-09-2021 abbreviated format 15-03-2022 2022-07600244
30-09-2020 abbreviated format 11-03-2021 2021-07300190
30-09-2019 abbreviated format 20-04-2020 2020-09400573
30-09-2018 abbreviated format 29-04-2019 2019-10900357
30-09-2017 micro format 06-03-2018 2018-06200473
30-09-2016 abbreviated format 08-12-2016 2016-69500030

Show all 18 filings

Similar companies · same sector, comparable size

Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 6,908 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 4 entries · €36,250 awarded · €17,750 paid
Year Entries AwardedPaid
2025 2 €0€0
2024 2 €36,250€17,750
Schemes
3 entries · €35,500 · €17,750 paid · Fonds voor Innoveren en Ondernemen
1 entry · €750 · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.