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Priority Software Belgium

Active Public limited companyfounded 1979active for 47 yearsLieven Gevaertlaan 1004, 3900 PeltKBO/BCE: BE 0419.939.724 subsidiary of Priority Software Solutions Ltd#1 oldest company in Pelt, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 46 filings since 1980
peak €5.1m (2023)
€2.3m▼ 7.9%
lowest -€163,749 (2022)
€148,278▲ €205,021
peak €2.7m (2023)
€1.3m▲ 13.4%
€1.2m▼ 80.8%
peak 26.8 FTE (2020)
21.1 FTE▼ 4.1%
Board12 names since 2019
3 directorsABUNO and 2 others
Owners4 names in the annual accounts
Documentsfilings and deeds
06-07-202625 days before the deadline
2025financial year
Back to profit: €148,2781 director appointed, 1 resignation 07-11Equity from €1.1m to €1.3mDebts from €6.3m to €1.2mInvestments €217,441Cash from €278,939 to €425,070

Key points

from the 2025 annual accounts

Equity

€1.3m from €2.7m in 2023

Equity fell by 53% in 2 years.

Result

€148,278 €148,278
-€56,7002024€148,0002025

Back in profit in 2025, after a loss of €56,743 in 2024.

Investments

€238,033 4.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 313.2% higher than in 2024.

Staff

22 employees on 31-12-2025
5420215520223320235112024552025

In 2025, 5 people joined and 5 left.

Liquidity

2.45 was 1.17 in 2024

Short-term debts fell from €6.3m to €910,749.

Filings

46 annual accounts since 1980
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 3 to 73 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 63% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.5 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

76+36equity 51.0% of total assets
55+47short-term debt 36.9% · cash 17.2%
76+8return on assets 6.0%

Score breakdown

lowers risk
Liquidity: current ratio 2.45, cash €425,070
Founded in 1979
Profit of €148,278 (financial year 2025)
Sector: Computer programming, consultancy and related activities (NACE 62)
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, small). It does better than 64% of them on solvency, 65% on liquidity, 65% on profitability and 60% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as Priority Software Belgium has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Priority Software Belgium itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 20,137 companies, not a prediction for Priority Software Belgium. 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.

Credit verdict

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.45 (1.17 in 2024), above the usual 1.5. Short-term debt is 36.9% and cash 17.2% of total assets. 49% of the assets are financed with debt and provisions.

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.45, cash €425,070
NBB · annual accounts
lowers risk · Founded in 1979
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €148,278 (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
3 days early
2023
58 days early
2022
61 days early
2021
73 days early
2020
65 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 June (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SG
Managing director
LM
Director, since 01-12-2019
A
Director, Johan Pintens, since 29-09-2025
BM
Auditor, Ingrid Vosch
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0419939724
1 director appointed, 1 resignation Resignation: Aptigu BV · Appointment: Abuno BV · Permanent representative: Johan Pintens · Gazette deed
1 director appointed, 1 resignation Permanent representatives: Dany De Budt and Yves Van Cauwenberge · Resignation: INOWY BV · Appointment: Aptigu BV · Board meeting of 02-05-2024 · Gazette deed
Appointment: INOWY BV (director) Permanent representative: Yves Van Cauwenberge · General meeting of 27-09-2023 · Gazette deed
All 69 events

Comparable companies

same main activity, similar in size and age
Company
Priority Software Belgium Pelt €2.5m €2.3m 51.0% 21.1
Dekimo Leuven Leuven €2.2m €3.2m 49.5% 24.3
INITEAM Izegem €3.0m €3.2m 51.3% 30.6
GENERAL PROCESS STEERING Genk €2.8m €3.5m 12.5% 36.4
GESTION ASSISTEE PAR INFORMATIQUE Liège €3.0m €2.9m 55.1% 30.5
DEKIMO Software Ghent €3.9m €2.3m 82.6% 17
THOMAS & PIRON ICT Namur €1.9m €2.9m 21.8% 28.4

These companies have the same main activity as Priority Software Belgium: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.9m and €3.9m, founded between 1980 and 1991.

Official details

Source: KBO
Status
Active since 29-10-1979Normal situation
Activity
Computer programmingNACE 62100
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.016.816.4763900 Pelt, since 29-10-1979
Financial year end
31 December
Peppol
Reachable since 02-12-2025
Company details

Annual accounts 2025

≈ €3.9mestimated
€2.5m▼ 66.7%
Employeeson 31-12-2025
22=
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on Priority Software Belgium

Priority Software Belgium has existed since 1979. In 2023 the gross margin rose from €2.4m to €5.1m.

Solvency rose in 2025 from 15.0% to 51.0% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Priority Software Belgium

What is the company number of Priority Software Belgium?
The company number of Priority Software Belgium is 0419.939.724. The VAT number is the same number with BE in front: BE 0419.939.724.
Where is Priority Software Belgium based?
The registered office is at Lieven Gevaertlaan 1004, 3900 Pelt.Company details
What does Priority Software Belgium do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Priority Software Belgium?
Priority Software Belgium is a public limited company (NV).
When was Priority Software Belgium founded?
Priority Software Belgium was founded on 29-10-1979.
Is Priority Software Belgium still active?
Yes, Priority Software Belgium is an active enterprise in the KBO register.
How many employees does Priority Software Belgium have?
Priority Software Belgium had an average of 21.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Priority Software Belgium fall under?
In its 2025 annual accounts, Priority Software Belgium states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Priority Software Belgium?
The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €2.3m and 33 comparable companies (NACE 62100). It probably lies between €3.1m and €4.8m.
Is Priority Software Belgium profitable?
In financial year 2025, Priority Software Belgium made a profit of €148,278.
Where can I find the annual accounts of Priority Software Belgium?
Priority Software Belgium filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Priority Software Belgium due?
Priority Software Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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