INDUSOFT
ActiveSummary
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 has been growing by about 25% per year since 2019. Its solvency ranks better than 39% of 21,166 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-11-2006 Normal situation
- Activity
- Computer programming NACE 62100
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 30-09-2025
- Establishment unit
- 2.157.682.450 9800 Deinze, since 20-11-2006
- Financial year end
- 30 September
- Peppol
- Reachable since 26-03-2025
Board and ownership
- LK CONSULTINGDirector · since 16-05-2022 · permanent representative Logie Kim
- Logie Kimall the sharesdeed of 25-05-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €130,385
- ▼ 31.6%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €38,162
- ▼ 76.8%
- Equity
- €162,030
- ▲ 30.8%
- Total assets
- €347,128
- ▲ 16.5%
- Employees on 30-09-2025
- 2
- ▲ 100%
Score breakdownlowers riskSize: total assets €347,128Liquidity: current ratio 1.40, cash €70,537, halvedSector: Computer programming, consultancy and related activities (NACE 62)Equity €162,030 (46.7% of total assets)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 62, micro). It does better than 41% of them on solvency, 23% on liquidity, 43% on profitability and 72% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-11-2025 PDF all 18 filings
Every figure per financial year
The operating result for 2025 is 73% lower than in 2024 and the lowest since 2019.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 0 | 1 | 2 |
| full-time | - | 0 | 1 | 2 |
| part-time | - | 0 | 0 | 0 |
| in full-time equivalents | - | 0 | 1 | 2 |
| Average over the year, in full-time equivalents | - | 0.1 | 0.6 | 1.3 |
| On a permanent contract | - | 0 | 1 | 2 |
| Joined | 0 | 1 | 2 | 1 |
| Left | 1 | 1 | 1 | 0 |
| Training hours | - | 0 | - | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €96,855 |
| Depreciation and write-downs of the year | €3,467 | €3,467 | €3,467 | €11,657 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 4 entries · €36,250 awarded · €17,750 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €0 |
| 2024 | 2 | €36,250 | €17,750 |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as INDUSOFT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of INDUSOFT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for INDUSOFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
- Logie Kim all shares
Capital transactions
- 25-05-2022 Converted to unavailable equity · €20,460
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| LK CONSULTING |
|
Network & group
INDUSOFT shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of INDUSOFT. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
25-05
Gazette deed
1 director resigning, 1 director reappointedResignation: LK CONSULTING (director) · Reappointment: LK CONSULTING (director) · Permanent representative: Logie Kim9 points ▸
- General meeting, 16-05-2022
- Logie Kim holds all the shares
- Legal-form conversion, to private limited company
- Power of attorney, Wim TAELMAN
- Director resignation, LK CONSULTING
- Director reappointment, LK CONSULTING (director (not named in the articles))
- Permanent representative, Logie Kim
- Director discharge, LK CONSULTING
- Registered office clause, Bredestraat 120, 9800 DEINZE
- The deed holds 6 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
5 activities
- Softwarebedrijf dat gespecialiseerd is in het ontwikkelen van maatwerk-applicaties voor de industrie en voor KMO.
- Softwarebedrijf voor het leveren van standaardpakketten en maatwerkpakketten voor allerlei bedrijven.
- Leveren van diverse technologieën.
- Inrichten van cursussen en dergelijke in verband met industriële software.
- Zuivere investeringen in vastgoed (die geen rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap).
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44054B0277/00E000 | Flanders | 2,334 m² | 1 · 394 m² | 7.7 m · 2 |