Checked.be · Company dossierhttps://checked.be/en/c/nsi-it-software-services-0450905686 · as of 01-10-2026
NSI IT Software & Services
Active
Public limited company · founded 1993 · 33 yrs activeRue de Bruxelles 174, 4340 Awans, BelgiumKBO/BCE: BE 0450.905.686
Summary
NSI IT Software & Services has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35.5m and a net result of €6.6m. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 42% of 1460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability67▲+1
Solvency54▲+3
Growth81▼-4
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.08 in 2024; short-term debt: 52% and cash: 5.5% of total assets), and 71% of the assets are financed with debt.
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (5 of the last 5 filed years within 65 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
NSI IT Software & Services was incorporated on 22 September 1993.1The registered office was moved to Awans in 2005.2Between 2005 and 2006 the capital was increased 2 times, most recently to €1.6m.349 companies were merged into the company between 2006 and 2025, including BUSINESS & SYSTEMS INTEGRATION and NUBEO.456The board currently has 15 members; NOSHAQ has served longest, since 2006.7
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
Net result€4.3mabove the sector's middle half▼ 2.5%€4.2mabove the sector's middle half▼ 1.8%€5.9mabove the sector's middle half▲ 41.1%€5.9mabove the sector's middle half▼ 0.5%€6.6mabove the sector's middle half▲ 12.3%
Equity€19.7mabove the sector's middle half▲ 17.9%€22.6mabove the sector's middle half▲ 14.9%€26.7mabove the sector's middle half▲ 18.3%€30.9mabove the sector's middle half▲ 15.4%€35.5mabove the sector's middle half▲ 15.0%
Total assets€54.5mabove the sector's middle half▲ 12.9%€68.1mabove the sector's middle half▲ 25.0%€74.1mabove the sector's middle half▲ 8.8%€119.0mabove the sector's middle half▲ 60.6%€122.3mabove the sector's middle half▲ 2.8%
Working capital€20.9mabove the sector's middle half▲ 26.1%€17.3mabove the sector's middle half▼ 17.5%€15.5mabove the sector's middle half▼ 10.0%€4.7mabove the sector's middle half▼ 69.6%€1.5mabove the sector's middle half▼ 68.9%
Solvency36.1%within the sector's middle half▲ 1.5pp33.2%within the sector's middle half▼ 2.9pp36.1%within the sector's middle half▲ 2.9pp25.9%within the sector's middle half▼ 10.2pp29.0%within the sector's middle half▲ 3.1pp
Current ratio1.78within the sector's middle half▲ 0.141.56within the sector's middle half▼ 0.211.44within the sector's middle half▼ 0.131.08within the sector's middle half▼ 0.361.02within the sector's middle half▼ 0.05
Return on assets (ROA)7.8%within the sector's middle half▼ 1.2pp6.2%within the sector's middle half▼ 1.7pp8.0%within the sector's middle half▲ 1.8pp4.9%within the sector's middle half▼ 3.0pp5.4%within the sector's middle half▲ 0.5pp
Staff (FTE)565above the sector's middle half▲ 17.7%605above the sector's middle half▲ 7.1%626above the sector's middle half▲ 3.5%686above the sector's middle half▲ 9.6%685above the sector's middle half▼ 0.1%
abovewithinbelowthe middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
2024Total assets +61% on 2023.Merger absorbing BUSINESS & SYSTEMS INTEGRATION, effective 01-01-2024.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122.3m
46.8%
53.2%
Fixed assets€57.3m ▲ 7.2%
Current assets€65.0m ▼ 0.8%
Equity and liabilities €122.3m
29.0%
70.8%
Equity€35.5m ▲ 15.0%
Provisions€205,384 ▲ 1,472%
Debt€86.6m ▼ 1.7%
Debt's share of the balance-sheet total falls from 74.1% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12.0m▲
2024 · €11.3m
Cash flow
€8.8m▲
2024 · €7.8m
Quick ratio
0.98▼
2024 · 1.04
Debt to equity
2.44▼
2024 · 2.86
ROE
18.6%▼
2024 · 19.1%
Interest coverage
8.82▼
2024 · 30.21
Debt ≤ 1 year
€63.6m▲
2024 · €60.8m
Debt > 1 year
€17.3m▼
2024 · €22.9m
Income taxes
€2.9m▼
2024 · €4.0m
Staff costs
€57.7m▲
2024 · €56.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 101 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 97% are still going.
Large
20 years or older
solvency 10 to 30%
a profit of 5% of the balance sheet or more
2.0%went bankrupt
1.0%stopped otherwise
97%still going
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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%
1.0%
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% 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 101 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 accountsAs filed with the NBB · 2025 against 2024 · 100 lines
Balance sheetCode20242025
Assets
Total assets20/58€119.0m€122.3m▲
Fixed assets21/28€53.4m€57.3m▲
Intangible fixed assets21€11.3m€12.3m▲
Tangible fixed assets22/27€1.2m€1.0m▼
Plant, machinery and equipment23€0.5m€0.5m▼
Furniture and vehicles24€0.2m€0.2m▼
Leasing and similar rights25€0.2m€0.1m▼
Other tangible fixed assets26€0.3m€0.2m▼
Financial fixed assets28€41.0m€44.0m▲
Affiliated companies280/1€40.9m€43.9m▲
Participating interests280€40.9m€43.9m▲
Other financial fixed assets284/8€0.1m€0.1m▲
Shares284€0.02m€0.02m=
Amounts receivable and cash guarantees285/8€0.09m€0.1m▲
Current assets29/58€65.6m€65.0m▼
Amounts receivable after more than one year29€0.5m€0.04m▼
Other amounts receivable291€0.5m€0.04m▼
Stocks and contracts in progress3€2.5m€2.5m▼
Stocks30/36€0.6m€0.3m▼
Goods purchased for resale34€0.6m€0.3m▼
Contracts in progress37€1.9m€2.1m▲
Amounts receivable within one year40/41€44.5m€47.0m▲
Trade receivables40€40.6m€44.8m▲
Other amounts receivable41€4.0m€2.2m▼
Current investments50/53€8.3m€5.5m▼
Other investments51/53€8.3m€5.5m▼
Cash at bank and in hand54/58€7.2m€6.8m▼
Deferred charges and accrued income490/1€2.6m€3.3m▲
Equity and liabilities
Total equity and liabilities10/49€119.0m€122.3m▲
Equity10/15€30.9m€35.5m▲
Contributions10/11€2.0m€2.0m=
Capital10€2.0m€2.0m=
Issued capital100€2.0m€2.0m=
Reserves13€28.8m€33.4m▲
Non-distributable reserves130/1€0.2m€0.2m=
Legal reserve130€0.2m€0.2m=
Tax-exempt reserves132€3.0m€2.2m▼
Distributable reserves133€25.6m€31.0m▲
Investment grants15€0.01m€0.008m▼
Provisions and deferred taxes16€0.01m€0.2m▲
Provisions for liabilities and charges160/5€0.01m€0.2m▲
Other liabilities and charges164/5€0.01m€0.2m▲
Deferred taxes168€0.004m€0.003m▼
Amounts payable17/49€88.1m€86.6m▼
Amounts payable after more than one year17€22.9m€17.3m▼
Financial debts170/4€22.9m€17.3m▼
Credit institutions173€22.9m€17.3m▼
Amounts payable within one year42/48€60.8m€63.6m▲
Current portion of amounts payable after more than one year42€3.4m€4.4m▲
Financial debts43€6.2m€5.3m▼
Credit institutions430/8€6.2m€5.3m▼
Trade debts44€19.3m€19.6m▲
Suppliers440/4€19.3m€19.6m▲
Advances received on contracts in progress46€3.7m€3.2m▼
Taxes, remuneration and social security45€13.7m€14.7m▲
Taxes450/3€3.7m€4.9m▲
Remuneration and social security454/9€10.0m€9.8m▼
Other amounts payable47/48€14.5m€16.3m▲
Accrued charges and deferred income492/3€4.4m€5.8m▲
Income statementCode20242025
Operating income70/76A€159.1m€159.5m▲
Turnover70€156.6m€153.9m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€1.2m€0.5m▲
Other operating income74€3.3m€5.1m▲
Non-recurring operating income76A€0.3m€0.02m▼
Operating charges60/66A€149.7m€149.7m=
Goods for resale, raw materials and consumables60€24.4m€26.4m▲
Purchases600/8€24.5m€26.2m▲
Change in stocks: decrease (increase)609-€0.1m€0.1m▲
Services and other goods61€67.1m€63.1m▼
Remuneration, social security and pensions62€56.0m€57.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.9m€2.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.1m€240▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.01m€0.2m▲
Other operating charges640/8€0.2m€0.1m▼
Non-recurring operating charges66A€0.004m€0.01m▲
Operating profit (loss)9901€9.4m€9.8m▲
Financial income75/76B€1.0m€1.3m▲
Recurring financial income75€1.0m€1.3m▲
Income from financial fixed assets750€0.5m€1.0m▲
Income from current assets751€0.3m€0.2m▼
Other financial income752/9€0.2m€0.2m▼
Financial charges65/66B€0.6m€1.6m▲
Recurring financial charges65€0.6m€1.6m▲
Debt charges650€0.4m€1.4m▲
Other financial charges652/9€0.2m€0.2m▲
Profit (loss) for the period before taxes9903€9.8m€9.5m▼
Transfer from deferred taxes780€0.001m€0.001m=
Income taxes67/77€4.0m€2.9m▼
Taxes670/3€4.0m€3.5m▼
Tax adjustments and reversals of tax provisions77€0.05m€0.6m▲
Profit (loss) for the period9904€5.9m€6.6m▲
Transfer from tax-exempt reserves789€1.0m€1.8m▲
Transfer to tax-exempt reserves689€0.8m€1.0m▲
Profit (loss) for the period to be appropriated9905€6.0m€7.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.0m€7.4m▲
Transfer to equity691/2€4.3m€5.4m▲
To other reserves6921€4.3m€5.4m▲
Profit to be distributed694/7€1.8m€2.0m▲
Return on contributions (dividend)694€1.8m€2.0m▲
Social balance
Average headcount (FTE)9087686.0685.0▼
The notes to these accounts (94 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€92.7m
€104.7m
€119.0m
€159.1m
€159.5m
▲ 0.2%
Turnover70
€91.2m
€103.4m
€115.9m
€156.6m
€153.9m
▼ 1.7%
Change in stocks of work in progress, finished goods and contracts in progress71
-€0.9m
-€1.4m
€0.2m
-€1.2m
€0.5m
▲ 143%
Other operating income74
€2.4m
€2.7m
€2.9m
€3.3m
€5.1m
▲ 53.4%
Non-recurring operating income76A
-
-
-
€0.3m
€0.02m
▼ 92.8%
Operating charges60/66A
€86.3m
€98.2m
€110.8m
€149.7m
€149.7m
=
Goods for resale, raw materials and consumables60
€14.1m
€17.2m
€17.1m
€24.4m
€26.4m
▲ 8.1%
Purchases600/8
€14.1m
€17.5m
€17.0m
€24.5m
€26.2m
▲ 6.9%
Change in stocks: decrease (increase)609
-
-€0.3m
€0.06m
-€0.1m
€0.1m
▲ 200%
Services and other goods61
€30.7m
€35.1m
€43.4m
€67.1m
€63.1m
▼ 6.0%
Remuneration, social security and pensions62
€40.3m
€45.1m
€49.4m
€56.0m
€57.7m
▲ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€0.9m
€0.8m
€0.9m
€1.9m
€2.2m
▲ 16.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
€0.3m
€0.01m
-€0.06m
€0.1m
€240
▼ 99.8%
Provisions for liabilities and charges: additions (uses and reversals)635/8
-€0.08m
-€0.1m
-€0.1m
€0.01m
€0.2m
▲ 1,933%
Other operating charges640/8
€0.08m
€0.08m
€0.08m
€0.2m
€0.1m
▼ 43.1%
Non-recurring operating charges66A
-
-
-
€0.004m
€0.01m
▲ 187%
Operating profit (loss)9901
€6.4m
€6.6m
€8.3m
€9.4m
€9.8m
▲ 3.6%
Financial income75/76B
€0.1m
€0.2m
€1.0m
€1.0m
€1.3m
▲ 30.2%
Recurring financial income75
€0.1m
€0.2m
€0.9m
€1.0m
€1.3m
▲ 30.2%
Income from financial fixed assets750
€0.1m
€0.2m
€0.6m
€0.5m
€1.0m
▲ 93.2%
Income from current assets751
€0.01m
-
€0.3m
€0.3m
€0.2m
▼ 51.0%
Other financial income752/9
€0.02m
-
€0.07m
€0.2m
€0.2m
▼ 7.9%
Non-recurring financial income76B
-
-
€0.07m
-
-
-
Financial charges65/66B
€0.1m
€0.2m
€0.5m
€0.6m
€1.6m
▲ 178%
Recurring financial charges65
€0.1m
€0.2m
€0.5m
€0.6m
€1.6m
▲ 178%
Debt charges650
€0.03m
€0.09m
€0.4m
€0.4m
€1.4m
▲ 262%
Other financial charges652/9
€0.1m
€0.1m
€0.1m
€0.2m
€0.2m
▲ 20.7%
Profit (loss) for the period before taxes9903
€6.4m
€6.5m
€8.8m
€9.8m
€9.5m
▼ 3.8%
Transfer from deferred taxes780
-
-
-
€0.001m
€0.001m
=
Income taxes67/77
€2.2m
€2.4m
€2.9m
€4.0m
€2.9m
▼ 27.8%
Taxes670/3
€2.4m
€2.4m
€2.9m
€4.0m
€3.5m
▼ 13.8%
Tax adjustments and reversals of tax provisions77
€0.2m
€0.03m
€0.03m
€0.05m
€0.6m
▲ 1,028%
Profit (loss) for the period9904
€4.3m
€4.2m
€5.9m
€5.9m
€6.6m
▲ 12.3%
Transfer from tax-exempt reserves789
€0.8m
€0.4m
€2.0m
€1.0m
€1.8m
▲ 80.9%
Transfer to tax-exempt reserves689
€1.1m
€1.2m
€1.0m
€0.8m
€1.0m
▲ 18.8%
Profit (loss) for the period to be appropriated9905
€3.9m
€3.5m
€6.9m
€6.0m
€7.4m
▲ 22.7%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€54.5m
€68.1m
€74.1m
€119.0m
€122.3m
▲ 2.8%
Fixed assets21/28
€6.6m
€20.2m
€23.1m
€53.4m
€57.3m
▲ 7.2%
Intangible fixed assets21
€2.0m
€1.7m
€1.4m
€11.3m
€12.3m
▲ 8.9%
Tangible fixed assets22/27
€0.9m
€0.9m
€1.1m
€1.2m
€1.0m
▼ 15.2%
Plant, machinery and equipment23
€0.6m
€0.5m
€0.5m
€0.5m
€0.5m
▼ 0.9%
Furniture and vehicles24
€0.1m
€0.1m
€0.2m
€0.2m
€0.2m
▼ 18.6%
Leasing and similar rights25
-
€0.1m
€0.2m
€0.2m
€0.1m
▼ 35.0%
Other tangible fixed assets26
€0.1m
€0.2m
€0.1m
€0.3m
€0.2m
▼ 23.2%
Financial fixed assets28
€3.7m
€17.5m
€20.6m
€41.0m
€44.0m
▲ 7.4%
Affiliated companies280/1
€3.7m
€17.5m
€20.6m
€40.9m
€43.9m
▲ 7.4%
Participating interests280
€3.7m
€17.5m
€20.6m
€40.9m
€43.9m
▲ 7.4%
Other financial fixed assets284/8
€0.02m
€0.03m
€0.03m
€0.1m
€0.1m
▲ 3.8%
Shares284
€0.009m
€0.02m
€0.02m
€0.02m
€0.02m
=
Amounts receivable and cash guarantees285/8
€0.009m
€0.009m
€0.009m
€0.09m
€0.1m
▲ 4.5%
Current assets29/58
€47.9m
€47.9m
€50.9m
€65.6m
€65.0m
▼ 0.8%
Amounts receivable after more than one year29
-
-
-
€0.5m
€0.04m
▼ 91.4%
Other amounts receivable291
-
-
-
€0.5m
€0.04m
▼ 91.4%
Stocks and contracts in progress3
€2.8m
€3.2m
€2.7m
€2.5m
€2.5m
▼ 2.2%
Stocks30/36
-
€0.5m
€0.4m
€0.6m
€0.3m
▼ 42.1%
Goods purchased for resale34
-
€0.5m
€0.4m
€0.6m
€0.3m
▼ 42.1%
Contracts in progress37
€2.8m
€2.8m
€2.3m
€1.9m
€2.1m
▲ 10.3%
Amounts receivable within one year40/41
€31.3m
€34.3m
€37.2m
€44.5m
€47.0m
▲ 5.6%
Trade receivables40
€26.9m
€28.8m
€29.1m
€40.6m
€44.8m
▲ 10.6%
Other amounts receivable41
€4.4m
€5.5m
€8.1m
€4.0m
€2.2m
▼ 45.7%
Current investments50/53
-
-
€2.0m
€8.3m
€5.5m
▼ 33.7%
Other investments51/53
-
-
€2.0m
€8.3m
€5.5m
▼ 33.7%
Cash at bank and in hand54/58
€11.4m
€8.1m
€7.0m
€7.2m
€6.8m
▼ 5.7%
Deferred charges and accrued income490/1
€2.5m
€2.3m
€2.1m
€2.6m
€3.3m
▲ 25.5%
Equity and liabilities
Total equity and liabilities10/49
€54.5m
€68.1m
€74.1m
€119.0m
€122.3m
▲ 2.8%
Equity10/15
€19.7m
€22.6m
€26.7m
€30.9m
€35.5m
▲ 15.0%
Contributions10/11
€2.0m
€2.0m
€2.0m
€2.0m
€2.0m
=
Capital10
€2.0m
€2.0m
€2.0m
€2.0m
€2.0m
=
Issued capital100
€2.0m
€2.0m
€2.0m
€2.0m
€2.0m
=
Reserves13
€17.6m
€20.6m
€24.7m
€28.8m
€33.4m
▲ 16.0%
Non-distributable reserves130/1
€0.2m
€0.2m
€0.2m
€0.2m
€0.2m
=
Legal reserve130
€0.2m
€0.2m
€0.2m
€0.2m
€0.2m
=
Tax-exempt reserves132
€3.5m
€4.2m
€3.2m
€3.0m
€2.2m
▼ 26.0%
Distributable reserves133
€14.0m
€16.2m
€21.3m
€25.6m
€31.0m
▲ 21.1%
Investment grants15
-
-
-
€0.01m
€0.008m
▼ 21.8%
Provisions and deferred taxes16
€0.2m
€0.1m
-
€0.01m
€0.2m
▲ 1,472%
Provisions for liabilities and charges160/5
€0.2m
€0.1m
-
€0.01m
€0.2m
▲ 2,033%
Other liabilities and charges164/5
€0.2m
€0.1m
-
€0.01m
€0.2m
▲ 2,033%
Deferred taxes168
-
-
-
€0.004m
€0.003m
▼ 21.8%
Amounts payable17/49
€34.6m
€45.4m
€47.3m
€88.1m
€86.6m
▼ 1.7%
Amounts payable after more than one year17
€3.1m
€11.3m
€8.8m
€22.9m
€17.3m
▼ 24.3%
Financial debts170/4
€3.1m
€11.3m
€8.8m
€22.9m
€17.3m
▼ 24.3%
Leasing and similar obligations172
-
-
€0.05m
-
-
-
Credit institutions173
€3.1m
€11.3m
€8.7m
€22.9m
€17.3m
▼ 24.3%
Amounts payable within one year42/48
€27.0m
€30.6m
€35.4m
€60.8m
€63.6m
▲ 4.5%
Current portion of amounts payable after more than one year42
€1.1m
€2.6m
€2.7m
€3.4m
€4.4m
▲ 29.9%
Financial debts43
-
-
-
€6.2m
€5.3m
▼ 15.5%
Credit institutions430/8
-
-
-
€6.2m
€5.3m
▼ 15.5%
Trade debts44
€12.0m
€11.3m
€11.9m
€19.3m
€19.6m
▲ 1.4%
Suppliers440/4
€12.0m
€11.3m
€11.9m
€19.3m
€19.6m
▲ 1.4%
Advances received on contracts in progress46
€1.5m
€3.1m
€2.7m
€3.7m
€3.2m
▼ 12.0%
Taxes, remuneration and social security45
€11.1m
€12.4m
€13.2m
€13.7m
€14.7m
▲ 7.6%
Taxes450/3
€2.5m
€2.6m
€2.8m
€3.7m
€4.9m
▲ 33.9%
Remuneration and social security454/9
€8.6m
€9.8m
€10.4m
€10.0m
€9.8m
▼ 2.0%
Other amounts payable47/48
€1.3m
€1.3m
€4.8m
€14.5m
€16.3m
▲ 12.2%
Accrued charges and deferred income492/3
€4.5m
€3.4m
€3.1m
€4.4m
€5.8m
▲ 30.7%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€4.3m
€4.2m
€5.9m
€5.9m
€6.6m
▲ 12.3%
+ Depreciation and write-downs630
€0.9m
€0.8m
€0.9m
€1.9m
€2.2m
▲ 16.1%
Operating cash flow (approximation)
€5.2m
€5.0m
€6.8m
€7.8m
€8.8m
▲ 13.2%
Investment in fixed assets (approximation)
-
-€14.4m
-€3.8m
-€32.2m
-€6.1m
▲ 81.1%
Change in cash
-
-€3.3m
-€1.1m
€0.2m
-€0.4m
▼ 294%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
31-07-2027
2026
31-08
NBB filingAnnual accounts filed
fiscal year 2025 · full schema · 31 days late
07-08
State Gazette actResignations: Stijn BIJNENS (administrateur de classe a) and GC2M Consulting SRL (administrateur de classe a)
Permanent representatives: Stijn BIJNENS, Bart WATTEEUW and 7 others · Appointments: BWAT BV (administrateur de classe a) and KDCH SA (administrateur de classe a)22 facts ▸
General meeting, 28-05-2026
Director resignation, Stijn BIJNENS (administrateur de classe a)
Purpose change, L'objet social de la Société Absorbante sera complété afin de reprendre celui des Sociétés Absorbées.
Simplified merger, La société absorbante détient la totalité des actions des sociétés absorbées, il est fait application des articles 676 et 719 à 727 du Code des sociétés (projet…
Equity cancellation, Aucune action n'est émise au niveau de la Société Absorbante; l'ensemble des fonds propres des Sociétés Absorbées sont annulés et non repris.
Employee transfer, L'ensemble du personnel des Sociétés Absorbées sera transféré à la Société Absorbante dans le strict respect de la Convention collective de travail nationale n°…
Tax treatment, La fusion sera réalisée en neutralité fiscale et en régime de continuité pour la Société Absorbante; tous les éléments du patrimoine des Sociétés Absorbées sont…
Real property transfer, La fusion n'entrainera le transfert d'aucun droit réel immobilier.
Cost bearing, Le coût de l'opération de fusion sera supporté par la Société Absorbante.
24-06
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
03-05
State Gazette actAppointments: D.F.S.C. (membre du conseil de direction) and Alain Danjou (directeur financier et administratif)
Permanent representatives: Alain Danjou, André KNAEPEN and 5 others10 facts ▸
Board meeting, 25-02-2019
Director appointment, D.F.S.C. (membre du conseil de direction)
Director appointment, Alain Danjou (directeur financier et administratif)
Permanent representative, Alain Danjou
Permanent representative, André KNAEPEN
Permanent representative, Gaëtan SERVAIS
Permanent representative, Stephan DAEMS
Permanent representative, Stijn BIJNENS
Permanent representative, Freddy MEURS
Permanent representative, Jean-Louis Rampen
03-05
State Gazette actPermanent representatives: André KNAEPEN, Gaëtan SERVAIS and 4 others
Power of attorney14 facts ▸
Board meeting, 25-02-2019
Power of attorney, Catherine ADAM
Power of attorney, Denis DEMOULIN
Power of attorney, Marc JODOZY
Power of attorney, Jean-Louis RAMPEN
Power of attorney, Manuel PALLAGE
Power of attorney, Alain WATTIER
Power of attorney, Alain DANJOU
Permanent representative, André KNAEPEN
Permanent representative, Gaëtan SERVAIS
Permanent representative, Stephan DAEMS
Permanent representative, Stijn BIJNENS
+2 further facts in this act
15-02
State Gazette actResignations: André KNAEPEN, Stephan DAEMS and Marc de Groote
Appointments: Sofin BVBA, Esdacon BVBA and ID & D nv · Permanent representatives: André KNAEPEN, Stephan DAEMS and 4 others20 facts ▸
General meeting, 27-08-2018
Director resignation, André KNAEPEN (director)
Director resignation, Stephan DAEMS (director)
Director appointment, Sofin BVBA (director)
Director appointment, Sofin BVBA (chair of the board)
Director appointment, Esdacon BVBA (director)
Director appointment, ID & D nv (director)
Director resignation, Marc de Groote (director)
Permanent representative, André KNAEPEN
Permanent representative, Stephan DAEMS
Permanent representative, Stijn BIJNENS
Board composition, Sofin BVBA (administrateur, président du conseil d'administration)
+8 further facts in this act
21-01
State Gazette actPermanent representatives: Jean-Louis Rampen, André KNAEPEN and 4 others
Power of attorney9 facts ▸
Board meeting, 27-08-2018
Permanent representative, Jean-Louis Rampen
Power of attorney, Jean-Louis Rampen (managing director)
Permanent representative, André KNAEPEN
Permanent representative, Gaëtan SERVAIS
Permanent representative, Stephan DAEMS
Permanent representative, Stijn BIJNENS
Permanent representative, Freddy MEURS
Permanent representative, Jean-Louis Rampen
2018
06-07
State Gazette actReappointment: ERNST & YOUNG (commissaire réviseur)
2 facts ▸
General meeting, 31-05-2018
Auditor reappointment, ERNST & YOUNG (commissaire réviseur)
21-06
State Gazette actResignation: Marc De Groote (director)
2 facts ▸
General meeting, 31/08/2018
Director resignation, Marc De Groote (director)
05-06
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
06-02
State Gazette actAppointments: Technology Information Belgium, TRAFALGAR CONSULTING and 3 others
Permanent representatives: Jean-Louis RAMPEN, Manuel PALLAGE and 3 others · Statutes amendment · Power of attorney13 facts ▸
General meeting, 18-01-2017
Statutes amendment
Director appointment, Technology Information Belgium (président du comité de direction)
Permanent representative, Jean-Louis RAMPEN
Director appointment, TRAFALGAR CONSULTING (directeur général)
Permanent representative, Manuel PALLAGE
Director appointment, SALTHO (directeur général)
Permanent representative, Alain WATTIER
Director appointment, SALES FACTORY (directeur commercial)
Permanent representative, Alain SCHEPMANS
Director appointment, GBF-CO (directeur commercial)
Permanent representative, Sylvain Gilian COLLARD
+1 further facts in this act
2016
20-07
State Gazette actResignation: Christoph NEUT (director)
Appointment: Marc DE GROOTE (director)3 facts ▸
General meeting, 26-05-2016
Director resignation, Christoph NEUT (director)
Director appointment, Marc DE GROOTE (director)
2015
25-11
State Gazette actReappointments: André KNAEPEN, Stephan DAEMS and 4 others
Permanent representatives: Jean-Louis RAMPEN, Gaëtan SERVAIS and Freddy MEURS · Appointment: ERNST & YOUNG (commissaire réviseur) · Mandate compensation13 facts ▸
General meeting, 28-05-2015
Director reappointment, André KNAEPEN (director)
Director reappointment, Stephan DAEMS (director)
Director reappointment, Christoph NEUT (director)
Director reappointment, TECHNOLOGY INFORMATION BELGIUM (director)
Permanent representative, Jean-Louis RAMPEN
Director reappointment, SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DU BASSIN DE LIÈGE (director)
Permanent representative, Gaëtan SERVAIS
Director reappointment, INVESTPARTNER (director)
Permanent representative, Freddy MEURS
Auditor appointment, ERNST & YOUNG (commissaire réviseur)
Mandate compensation, ERNST & YOUNG
+1 further facts in this act
2014
14-07
State Gazette actPermanent representatives: Christoph NEUT, Gaëtan SERVAIS and Jean-Louis Rampen
Power of attorney15 facts ▸
Board meeting, 04-02-2014
Power of attorney, Jean-Louis Rampen
Power of attorney, Marc Jodozy
Power of attorney, Manuel Pallage
Power of attorney, Alain Wattier
Power of attorney, Catherine Adam
Board composition, André KNAEPEN (administrateur, président du conseil d'administration)
Board composition, Stephan DAEMS (director)
Board composition, MEUSINVEST (director)
Permanent representative, Christoph NEUT
Board composition, INVESTPARTNER (director)
Permanent representative, Gaëtan SERVAIS
+3 further facts in this act
30-01
State Gazette actRestructuring
Merger · Dissolution · Accounting effect6 facts ▸
General meeting, 14-01-2014
Merger, 14-01-2014
Dissolution, 14-01-2014
Accounting effect, 01-01-2014
Power of attorney, Jean-Louis RAMPEN
Share exchange, aucune action attribuée – 100 % des actions de la société absorbée détenues par la société absorbante
State Gazette actPermanent representatives: Gaëtan SERVAIS and Freddy MEURS
Resignations: Freddy MEURS (director) and Gaëtan SERVAIS (director)5 facts ▸
General meeting, 30-05-2013
Permanent representative, Gaëtan SERVAIS
Permanent representative, Freddy MEURS
Director resignation, Freddy MEURS
Director resignation, Gaëtan SERVAIS
28-02
State Gazette actPermanent representatives: Freddy MEURS, Gaëtan SERVAIS and Jean-Louis RAMPEN
Power of attorney13 facts ▸
Board meeting, 12-11-2012
Power of attorney, Manuel PALLAGE
Power of attorney, Alain WATTIER
Power of attorney, Jean-Louis RAMPEN
Board composition, André KNAEPEN (administrateur, président du conseil d'administration)
Board composition, Stephan DAEMS (director)
Board composition, Christoph NEUT (director)
Board composition, Freddy MEURS (director)
Permanent representative, Freddy MEURS
Board composition, Gaëtan SERVAIS (director)
Permanent representative, Gaëtan SERVAIS
Board composition, Jean-Louis RAMPEN (director)
+1 further facts in this act
2012
31-07
State Gazette actPermanent representative: Gaëtan SERVAIS
Resignation: Luc DE CLERCK (director) · Appointments: Christoph NEUT (director) and KPMG Entreprises Scrl (statutory auditor) · Power of attorney6 facts ▸
General meeting, 31-05-2012
Permanent representative, Gaëtan SERVAIS
Director resignation, Luc DE CLERCK (director)
Director appointment, Christoph NEUT (director)
Auditor appointment, KPMG Entreprises Scrl
Power of attorney, Alexis Palm
2011
11-02
State Gazette actPermanent representatives: Freddy MEURS, Luc DE CLERCK and Philippe OEYEN
Appointment: Alain WATTIER (directeur général) · Power of attorney12 facts ▸
Board meeting, 26-10-2010
Power of attorney, Alain WATTIER
Board composition, André KNAEPEN (administrateur, président du conseil d'administration)
Board composition, Stephan DAEMS (director)
Board composition, MEUSINVEST (director)
Permanent representative, Freddy MEURS
Board composition, INVESTPARTNER (director)
Permanent representative, Luc DE CLERCK
Board composition, T.I.B (director)
Permanent representative, Philippe OEYEN
Board composition, Jean-Louis RAMPEN (director)
Director appointment, Alain WATTIER (directeur général)
Appointments: TECHNOLOGY INFORMATION BELGIUM, SOCIETE LIEGEOISE DE MICRO-INFORMATIQUE and 5 others · Permanent representatives: Jean-Louis RAMPEN, Michel PONCELET and 2 others · Name change23 facts ▸
General meeting, 29-06-2006
Name change, NSI IT Software & Services
Merger, absorption, 01-07-2006
Capital increase, €560.000
Capital, €1.624.431,73
Statutes amendment
Director appointment, TECHNOLOGY INFORMATION BELGIUM (director)
Permanent representative, Jean-Louis RAMPEN
Director appointment, SOCIETE LIEGEOISE DE MICRO-INFORMATIQUE (director)
Permanent representative, Michel PONCELET
Director appointment, Bridge-5 (director)
Permanent representative, Philippe OEYEN
+11 further facts in this act
2005
08-08
State Gazette actCapital & shares
Capital increase · Capital · Statutes amendment6 facts ▸
General meeting, 21-06-2005
Capital increase, €556.250
Capital, €1.064.431,73
Statutes amendment
Statutes amendment
Waiver of preemptive rights, Renonciation au droit de souscription préférentielle
07-03
State Gazette actRegistered office
Registered-office move1 fact ▸
Registered-office move, CHAUSSEE DE BRUXELLES, 174 A à 4340 AWANS
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
42 of 42 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
15 directors, 3 in day-to-day management, no change since 2026
Président exécutif du conseil d'administration · since 21-05-2021 · Director · since 29-06-2006 · Public limited company · perm. rep.: Jean-Louis RAMPEN
Directeur financier et administratif · since 25-02-2019
Not recently confirmed
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Rue de Bruxelles 174, 4340 AwansScientific research and development
since 1993unit no. 2.063.842.670
NSI
Avenue de Finlande 8, 1420 Braine-l'AlleudNACE 72220
since 2006unit no. 2.153.620.724
2 parcels
Wallonia2(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
62006B0520/00G002
Wallonia
6.6 ha
-
-
25744D0293/00T003
Wallonia
1.6 ha
1 · 3,334 m²
28.7 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Contribuer à l'établissement ou au développement d'entreprises, notamment la constitution de sociétés, location-financement, prêts, conseils, services informatiques, etc
Full purpose
Contribuer à l'établissement ou au développement d'entreprises, notamment la constitution de sociétés, location-financement, prêts, conseils, services informatiques, etc.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of NSI IT Software & Services and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
68 connected companies
Depth
Shared directorsBundled connections
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 16,913 companies in this sector we hold annual accounts for 8,787. 308 are within a factor 10 of this equity. The 4 above are the closest to it. See the whole sector
Company details
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded22-09-1993
Fiscal year end31-12
Abbreviation FRN.S.I.
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mailinfo@nsi-sa.beAwans
Phone04/2399150Awans
Fax04/2461308Awans
E-invoicing
Reachable via Peppol
Peppol ID0208:0450905686
Registered11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.