Micro Focus Belgium
ActiveMicro Focus Belgium has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €141k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 72 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-5
Solvency65=
Growth23▲+1
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 4.32 against 5.43 in 2024; short-term debt: 18.9% of total assets), but 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.2%
Return on assets
1.5%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €3.68M
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
43 d early
2024
45 d early
2023
14 d early
2022
110 d late
2021
50 d late
2020
206 d late
2019
194 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.90M▼ 3.5%
2024 · €9.22M
2019: €14.70M
2020: €15.08M
2021: €13.81M
2022: €12.85M
2023: €6.71M
2024: €9.22M
2019 → 2025
EBIT margin
1.2%▼ 0.4pp
2024 · 1.6%
2019: 7.9%
2020: 0.1%
2021: -0.7%
2022: -1.2%
2023: -2.4%
2024: 1.6%
2019 → 2025
Net result
€141k▼ 76.9%
2024 · €609k
2019: €648k
2020: €-31k
2021: €-188k
2022: €-218k
2023: €-255k
2024: €609k
2019 → 2025
Working capital
€5.73M▲ 7.9%
2024 · €5.31M
2019: €4.08M
2020: €3.46M
2021: €3.81M
2022: €3.43M
2023: €4.32M
2024: €5.31M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.81M-€12.85M▼ 6.9%€6.71M▼ 47.8%€9.22M▲ 37.5%€8.90M▼ 3.5%
Equity€3.40M-€3.18M▼ 6.4%€2.93M▼ 8.0%€3.54M▲ 20.8%€3.68M▲ 4.0%
Operating result€-91k-€-160k▼ 75.2%€-160k▼ 0.3%€149k€104k▼ 30.3%
Net result€-188k-€-218k▼ 15.5%€-255k▼ 17.4%€609k€141k▼ 76.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.14M
Fixed assets
€1.68M▼ 30.6%
Current assets
€7.46M▲ 14.6%
Equity and liabilities €9.14M
Equity
€3.68M▲ 4.0%
Debt
€5.46M▲ 1.3%
The debt ratio falls from 60.4% to 59.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€842k▼
2024 · €859k
Cash flow
€879k▼
2024 · €1.32M
Solvency
40.2%▲
2024 · 39.6%
Current ratio
4.32▼
2024 · 5.43
Quick ratio
4.32▼
2024 · 5.43
Debt / equity
1.48▼
2024 · 1.52
ROE
3.8%▼
2024 · 17.2%
ROA
1.5%▼
2024 · 6.8%
Interest coverage
22.60▼
2024 · 48.31
Debt
€5.46M▲
2024 · €5.39M
Debt ≤ 1 year
€1.73M▲
2024 · €1.20M
Income taxes
€141k▲
2024 · €25k
Staff costs
€5.10M▼
2024 · €5.35M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.92M€9.14M▲
Fixed assets21/28€2.41M€1.68M▼
Intangible fixed assets21€2.41M€1.68M▼
Financial fixed assets28€0-
Other financial fixed assets284/8€0-
Amounts receivable and cash guarantees285/8€0-
Current assets29/58€6.51M€7.46M▲
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€6.48M€7.44M▲
Trade receivables40€2.60M€1.66M▼
Other amounts receivable41€3.88M€5.78M▲
Deferred charges and accrued income490/1€28k€24k▼
Equity and liabilities
Total equity and liabilities10/49€8.92M€9.14M▲
Equity10/15€3.54M€3.68M▲
Contributions10/11€865k€865k=
Profit (loss) carried forward14€2.67M€2.81M▲
Amounts payable17/49€5.39M€5.46M▲
Amounts payable within one year42/48€1.20M€1.73M▲
Financial debts43€36k€23k▼
Credit institutions430/8€36k€23k▼
Trade debts44€91k€903k▲
Suppliers440/4€91k€903k▲
Taxes, remuneration and social security45€1.07M€802k▼
Taxes450/3€490k€358k▼
Remuneration and social security454/9€583k€444k▼
Accrued charges and deferred income492/3€4.19M€3.73M▼
Income statement
Code20242025
Operating income70/76A€13.14M€11.14M▼
Turnover70€9.22M€8.90M▼
Other operating income74€3.63M€2.20M▼
Non-recurring operating income76A€292k€34k▼
Operating charges60/66A€12.99M€11.04M▼
Services and other goods61€6.92M€5.21M▼
Remuneration, social security and pensions62€5.35M€5.10M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€709k€738k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€-6k▼
Other operating charges640/8€48€126▲
Operating profit (loss)9901€149k€104k▼
Financial income75/76B€511k€215k▼
Recurring financial income75€511k€215k▼
Income from current assets751€176k€161k▼
Other financial income752/9€336k€55k▼
Financial charges65/66B€26k€37k▲
Recurring financial charges65€26k€37k▲
Debt charges650€18k€37k▲
Other financial charges652/9€8k€156▼
Profit (loss) for the period before taxes9903€635k€282k▼
Income taxes67/77€25k€141k▲
Taxes670/3€28k€141k▲
Tax adjustments and reversals of tax provisions77€2k€0▼
Profit (loss) for the period9904€609k€141k▼
Profit (loss) for the period to be appropriated9905€609k€141k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.67M€2.81M▲
Profit (loss) brought forward from the previous period14P€2.06M€2.67M▲
Social balance
Average headcount (FTE)908720.719.3▼
The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Back to profitnet €609k
Net result €609k after 4 loss-making years.
30-06
Financial
Liquidity triplescurrent ratio 5.43
Current ratio from 1.93 to 5.43; short-term debt falls from €4.65M to €1.20M.
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 110 days late
30-06
Financial
Weakest financial yearnet €-255k
Net result drops to €-255k, the lowest in the series; recovery starts the following year.
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 50 days late
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 206 days late
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 194 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 33 days late
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 148 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luchthavenlaan 271800 VilvoordeGround area
1,375 m²
Building footprint
1,372 m²
Volume, LiDAR
14,593 m³
Parcel 23644H0058/00L000, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Micro Focus Belgium
since 20162.265.122.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 151 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2016
Fiscal year end30-06
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.