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JUST SOFTWARE

Absorbed by Priority Software Belgium KBO/BCE: BE 0459.675.278 subsidiary of Priority Software Belgium NV
JUST SOFTWARE
Follow Report

Overview

Lifetime

12 annual accounts with figures on one time axis, 22 filings since 1998
peak €944,753 (2013)
€374,400▼ 9.0%
lowest -€90,035 (2009)
-€1,353▼ €9,048
peak €649,994 (2013)
€77,022▼ 1.7%
€428,282▼ 7.5%
peak 10.3 FTE (2015)
5.3 FTE▼ 8.6%
Board4 names since 2019
- 
Owners3 names in the annual accounts
100%Priority Software Belgium
Documentsfilings and deeds
05-06-202056 days before the deadline
2019abbreviated format
Loss of €1,353Staff from 5.8 FTE to 5.3 FTE2 managers appointed, 2 directors resigning 05-04

Key points

from the 2019 annual accounts, the last ones filed

Equity

€77,022 from €649,994 in 2013

Equity fell by 88% in 6 years.

Staff

5.3 FTE from 10.3 in 2015

Between 2015 and 2019, 49% of the full-time equivalents disappeared.

Filings

22 annual accounts since 1998
AprilJune31 JulyOctober20002010

The 2010 accounts came 5 days late. The other nine of the last ten were filed on time.

No score

Board and ownership

last known board
AR
Andres Richter
Manager, last mentioned in 2019
AB
Arnon Ben Isaac
Manager, last mentioned in 2019
MS
M-Soft Holding NV
Director, until 2019
OG
Optimize Group NV
Director, until 2019
Board & ownership

Recent changes

Merger: absorbed by Priority Software Belgium Dissolution of the company · Dissolved without liquidation on 13-03-2020 · General meeting of 13-03-2020 · Gazette deed
Merger proposal: to be absorbed by M-Soft NV Capital €55,776, annual accounts 2019 · Gazette deed
2 managers appointed, 2 directors resigning Resignations: Optimize Group NV and M-Soft Holding NV · Permanent representatives: M-Soft Holding NV and Paolo Senes BVBA · Appointments: Andres Richter (manager) and Arnon Ben Isaac (manager) · General meeting of 18-03-2019 · Gazette deed
Incorporation 22 publications in the Belgian Official Gazette, the last on 08-04-2020 · Gazette deed
All 31 events

Official details

Source: KBO
Status
Absorbed by Priority Software Belgiummerger by absorption, March 2020
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

€374,400▼ 9.0%
≈ €880,000estimated
€1,353
€77,022▼ 1.7%
€505,304▼ 6.7%
5.3 FTE▼ 8.6%
Filing
Filed on 05-06-2020
Financials

Insights on JUST SOFTWARE

Absorbed by Priority Software Belgium in March 2020. The last annual accounts are for financial year 2019. The company was dissolved without liquidation on 13-03-2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2019

abbreviated format, filed on 05-06-2020, 56 days before the deadline
€374,400
▼ 9.0%
€2,476
▼ 85.4%
€19,730
▼ 49.2%
€15,901
▼ 46.3%
15.2%
▲ 0.8 percentage points
1.14
▲ 0.06

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €880,000. Estimated: probably between €530,000 and €1.5m.

Money flows

no detail for 2019

Balance sheet

balance sheet total €505,304 on 31-12-2019
What the company ownsHow it is paid for

in euro

in euro

Staff

€57,760

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2019, 3 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 505,304541,560558,127780,499559,694744,5101.0m690,032511,586336,905294,323312,128
21/28 17,08041,08163,01987,90822,94035,69146,59419,48227,92425,8848,49213,885
21 17,08034,16051,23968,319--------
22/27 -1745,03312,84216,19328,94446,59419,43227,87425,8348,44213,835
23 -1741,2265,2307,0377464,6528,7205,6043,1014,1435,801
24 ----9,15528,19841,94210,71222,27022,7334,2998,034
28 -6,7476,7476,7476,7476,747-5050505050
29/58 488,224500,480495,108692,590536,754708,819955,646670,550483,662311,021285,832298,242
40/41 474,559484,094487,118667,208511,613292,358122,696200,05789,432222,384211,099183,822
40 254,083430,837405,799664,531333,144175,810117,344103,31288,20496,19999,93169,723
41 220,47653,25881,3192,678178,470116,5485,35196,7451,228126,185111,167114,098
50/53 ------768,768460,107345,75771,05853,38350,756
54/58 12,85113,2401,24114,20714,487407,93363,3099,47840,04817,57920,66663,664
490/1 8143,1466,75011,17510,6558,5288729088,425-684-
Balance sheet: equity and liabilities
10/49 505,304541,560558,127780,499559,694744,5101.0m690,032511,586336,905294,323312,128
10/15 77,02278,37570,680108,21161,35478,052649,994429,850245,71134,59528,720118,755
10/11 55,77655,77655,77655,77655,77655,77655,77655,77655,77655,77655,77655,776
100 55,77655,77655,77655,77655,77655,77655,77655,77655,77655,77655,77655,776
13 5,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,578
130 5,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,578
14 15,66817,0219,32746,857-16,698588,640368,496184,357-26,759-32,63457,401
17/49 428,282463,185487,447672,288498,341666,458352,245260,183265,875302,310265,603193,373
17 --3,0746,8195,93820,91038,28011,21524,68021,3122,3526,921
170/4 --3,0746,8195,93820,91038,28011,21524,68021,3122,3526,921
42/48 426,943463,185484,373665,469492,402645,548313,848248,888241,195280,998263,251186,452
42 -3,0743,7449,62514,97221,71319,41713,46515,47112,7074,5694,395
43 ----------36,955-
430/8 ----------36,955-
44 363,043279,11167,957462,729270,980173,73681,372120,04581,594184,978159,81392,484
440/4 363,043279,11167,957462,729270,980173,73681,372120,04581,594184,978159,81392,484
45 63,89943,910148,731116,893181,176143,352213,059115,378143,63058,31361,91489,573
450/3 16,86110,90881,75441,15526,131-78,587-89,272--50,000
454/9 47,03833,00266,97775,738155,045143,352134,473115,37854,35758,31361,91439,573
47/48 -137,090263,94076,22225,274306,747--50025,000--
492/3 1,340-----11880----
Income statement
70 ---1.5m1.6m1.6m------
76A -7,5006,074-3,636-------
9900 374,400411,496878,812888,461861,165919,378944,753725,575661,605449,961240,737367,564
60/61 ---971,578760,811764,481------
62 306,130352,010557,574745,620805,907844,262530,630485,639343,457418,064328,389232,751
630 17,25421,93925,41134,48523,16837,38723,60711,99712,68818,2278,29112,290
631/4 40,172-12,84613,5141,1201,030--9,715----360
640/8 8,3689,23820,1978,91226,2895,88718,9263,06495814,0671,402580
66A -24,246----------
9901 2,47616,910262,11698,3244,77031,842381,305224,875304,502-397-97,345121,583
75/76B 7,7953,0688483,1249,03815,2755,7899,7475,9169,3818,3728,518
75 7,7953,0688483,1249,03815,2755,7899,7475,9169,3818,3728,518
65/66B 5,6131,3598831,7001,9981,9011,5481,92618,8033,1092,1053,014
65 5,6131,3598831,7001,9981,9011,5481,92618,8033,1092,1053,014
9903 4,65818,619262,08199,74815,44645,216385,546232,696291,6165,875-91,078127,087
67/77 6,01110,92435,67241,17713,61817,158165,40248,55780,500--1,04350,494
9904 -1,3537,695226,41058,5721,82828,058220,144184,139211,1165,875-90,03576,593
9905 -1,3537,695226,41058,5721,82828,058220,144184,139211,1165,875-90,03576,593
Appropriation of the result
9906 15,66817,021273,26758,57218,527616,698588,640368,496184,357-26,759-32,63462,979
691/2 -----600,000-----5,578
691 -----600,000------
6920 -----------5,578
694/7 --263,94011,71418,527-------
694 --83,94011,71418,527-------
695 --180,000---------
Social balance sheet
9087 5.35.88.69.810.38.97.57.56.37.56.35.5
Hours worked1013 8,43210,52414,80616,10216,90918,70012,49512,46510,74913,06010,7959,163
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1998-2007) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 05-06-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2019 abbreviated format 05-06-2020 2020-15100086 PDF
31-12-2018 abbreviated format 05-06-2019 2019-16000524 PDF
31-12-2017 abbreviated format 01-06-2018 2018-15400294 PDF
31-12-2016 abbreviated format 09-06-2017 2017-16300444 PDF
31-12-2015 abbreviated format 03-06-2016 2016-15500295 PDF
31-12-2014 abbreviated format 02-06-2015 2015-14400286 PDF
30-09-2013 abbreviated format 07-04-2014 2014-08700366 PDF
30-09-2012 abbreviated format 27-03-2013 2013-07400026 PDF
30-09-2011 abbreviated format 14-03-2012 2012-06100476 PDF
30-09-2010 abbreviated format 05-05-2011 2011-10400234 PDF
30-09-2009 abbreviated format 31-03-2010 2010-08400400 PDF
30-09-2008 abbreviated format 30-03-2009 2009-09700031 PDF
30-09-2007 abbreviated format 07-04-2008 2008-08800376 PDF
30-09-2006 abbreviated format 29-03-2007 2007-09300150 PDF
30-09-2005 abbreviated format 25-07-2006 2006-51100039 PDF
30-09-2004 abbreviated format 29-03-2005 2005-08300206 PDF
30-09-2003 abbreviated format 16-04-2004 2004-10900155 PDF
30-09-2002 abbreviated format 09-04-2003 2003-10100265 PDF
30-09-2001 abbreviated format 16-05-2002 2002-12400044 PDF
30-09-2000 abbreviated format 02-04-2002 2002-08100172 PDF
30-09-1999 abbreviated format 21-04-2000 2000-10100238 PDF
30-09-1998 abbreviated format 30-03-1999 1999-05901481 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201920182017201620152014201320122011201020092008
19,73038,848287,527132,80927,93869,229404,912236,872317,19017,830-89,054133,873
15,90129,633251,82193,05724,99765,445243,751196,136223,80424,103-81,74488,883
-6,747052299,45410,41726,48450,9459,72228,00135,6202,89710,349
-38911,999-12,966-280-393,446344,62353,831-30,57022,469-3,088-42,998-
61,28237,29510,73627,12144,35263,271641,797421,662242,46730,02322,580111,791
---6.5%0.3%1.9%------
15.2%14.5%12.7%13.9%11.0%10.5%64.9%62.3%48.0%10.3%9.8%38.0%
1.141.081.021.041.091.103.042.692.011.111.091.60
5.565.916.906.218.128.540.540.611.088.749.251.63
-1.8%9.8%320.3%54.1%3.0%35.9%33.9%42.8%85.9%17.0%-313.5%64.5%
-0.3%1.4%40.6%7.5%0.3%3.8%22.0%26.7%41.3%1.7%-30.6%24.5%
---161 days77 days39 days------
---174 days130 days83 days------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on JUST SOFTWARE

The operating result for 2019 is 85% lower than in 2018 and the lowest since 2010. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 85.5% to 84.8%. Equity and debt are lower.

Board & ownership

Mandates through the years

4 names
Andres Richter
Manager
Arnon Ben Isaac
Manager
M-Soft Holding NV
Board
Optimize Group NV
Board
Earliermandate already running before its first mentionend not dated
Mandates as a list
  • Andres Richter
    • Manager, appointed by deed of 05-04-2019, last mentioned in 2019
  • Arnon Ben Isaac
    • Manager, appointed by deed of 05-04-2019, last mentioned in 2019
  • M-Soft Holding NV
    • Board, until 05-04-2019
  • Optimize Group NV
    • Board, until 05-04-2019

See the board, name and registered office on a given date →

Control

Consolidating parent
Priority Software Belgium NV
Equity €1.3m
Profit €148,278 in 2025 (loss €56,743 in 2024)
Checked score 95
Source: parent in own accounts 2019
consolidates
This company
JUST SOFTWARE
Equity €77,022
Loss €1,353 in 2019

Capital

Capital
€55,776.04
Source
2019 annual accounts

Owners through the years

as the annual accounts name them
Priority Software Belgium
100%
100%
OPTIMIZE GROUP
99.96%
99.96% until 2018
M-SOFT HOLDING
consolidates
consolidates until 2017
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own 2016 accounts, the bar shows equity in euros
This companyJUST SOFTWARE2 holdings, 1 country 2016 accounts

Belgium 2 Year Equity Result

  • BE M-Soft0.13% 2025€1.3m result €148,278 (2025)
  • BE Jamadata0.05%no longer active 2019€459,443 result €187,541 (2019)

Source: list of holdings in its own 2016 accounts. Every holding stands with its own latest accounts.

Parent

Priority Software Belgium NV
0419.939.724 · equity €1.3m · profit €148,278 (2025)
Checked score 95

Holdings through the years

2014 to 2016
Holdings through the years
Name201420152016
Priority Software Belgium 0.13%
JAMADATA 0.05%

Source: list of holdings in its own accounts

Acquisitions and mergers

2 transactions
Taken over by:Priority Software Belgium
operation treated as a merger by absorption · Gazette deed of 08-04-2020 · effective 13-03-2020
Taken over by:M-Soft NV
BE 0419.939.724proposal · Gazette deed of 31-01-2020 (2 deeds)

Connections & network

Depth

The network starts from the shareholders of JUST SOFTWARE. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

31 events since 1997
2020
Annual accounts 2019 filed PDFabbreviated format · 56 days before the deadline
Merger: absorbed by Priority Software BelgiumDissolution of the company · Dissolved without liquidation on 13-03-2020 · General meeting of 13-03-20202 points ▸
  • General meeting, 13-03-2020
  • Accounting effect, 01-01-2020
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: to be absorbed by M-Soft NV PDFCapital €55,776, annual accounts 2019
2019
Annual accounts 2018 filed PDFabbreviated format · 56 days before the deadline
2 managers appointed, 2 directors resigningResignations: Optimize Group NV and M-Soft Holding NV · Permanent representatives: M-Soft Holding NV and Paolo Senes BVBA · Appointments: Andres Richter (manager) and Arnon Ben Isaac (manager) · General meeting of 18-03-20198 points ▸
  • General meeting, 18-03-2019
  • Director resignation, Optimize Group NV
  • Director resignation, M-Soft Holding NV
  • Permanent representative, M-Soft Holding NV
  • Permanent representative, Paolo Senes BVBA
  • Permanent representative, Paolo Senes
  • Director appointment, Andres Richter (manager)
  • Director appointment, Arnon Ben Isaac (manager)

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 60 days before the deadline
2017
Highest result from 2008 to 2019 net €226,410 ▲287% The net result of €226,410 is the highest of those years.
Annual accounts 2016 filed PDFabbreviated format · 52 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 58 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 59 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 23 days before the deadline
2013
Equity above €500,000 equity €649,994 ▲51.2% After 4 profitable years in a row, equity reaches €649,994.
Annual accounts 2012 filed PDFabbreviated format · 34 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 47 days before the deadline
2011
Equity above €200,000 equity €245,711 ▲610% After 2 profitable years in a row, equity reaches €245,711.
Annual accounts 2010 filed PDFabbreviated format · 5 days late
2010
Back to profit net €5,875 The net result is €5,875, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 30 days before the deadline
2009
Weakest financial year net -€90,035 The net result drops to -€90,035, the lowest from 2008 to 2019.
Annual accounts 2008 filed PDFabbreviated format · 31 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 23 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 32 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1997
Incorporation 22 publications in the Belgian Official Gazette, the last on 08-04-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

JUST SOFTWARE has filed 22 sets of annual accounts, the latest for financial year 2019.1 In 2020 the company was absorbed by merger into Priority Software Belgium.2

  1. 1National Bank, annual accounts 2019
  2. 2Belgian Official Gazette, 08-04-2020

Company details

Inactive

Absorbed by Priority Software Belgium in March 2020

JUST SOFTWARE is no longer in the KBO register. Priority Software Belgium took it over in a merger by absorption, published in the Belgian Official Gazette on 8 April 2020.

Status
Inactive
Reason
Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 8 April 2020 · deed
Absorbed by
Priority Software Belgium
Last annual accounts
financial year to 31 December 2019
Last registered office
Stationsstraat 266, 1700 Dilbeekas published on 8 April 2020
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 1998
Official KBO record

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