Skip to content

NWN SOFTWARE

Active
Private limited companyfounded 2023active for 3 yearsHazel 21, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0805.950.036

Financials · financial year 2025, micro format

2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437143.

Annual accounts 2025 filed on 27-08-2026 at the NBB

Turnover
≈ €250,000
Estimated: probably between €170,000 and €390,000
Total assets
€120,686
Net result
€75,106
Working capital
€84,949

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

Balance-sheet composition
Assets €120,686
Fixed assets €3,056
Current assets €117,630
Equity and liabilities €120,686
Equity €88,005
Debt €32,681
Debt's share of the balance-sheet total is 27.1%.
Key figures and ratios
2025 value
EBITDA
€93,235
Cash flow
€76,154
Current ratio
3.60
Debt to equity
0.37
ROE
85.3%
ROA
62.2%
Interest coverage
22.29
Debt ≤ 1 year
€32,681
Income taxes
€12,916
Staff costs
€4,750

Subsidies and aid

Flemish government

2025 · 2 entries · €50,150 awarded · €25,150 paid
Schemes
1 entry · €50,000 · €25,000 paid · Fonds voor Innoveren en Ondernemen
1 entry · €150 · €150 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as NWN SOFTWARE: web portal activities (NACE 63910). They are comparable in size and age: total assets between €119,000 and €195,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
NWN SOFTWARE Oudenaarde2023€120,686€88,005€100,504€75,1062025
DOT8 Maldegem2023€118,644€97,555€61,287€48,2742025
Donder en Bliksem Maldegem2022€132,854€92,615€88,246€52,9102024
REWORK AGENCY Liège2022€150,816-€30,599€96,122-€9,9502025
TCSoft Koksijde2023€176,927€148,661€86,054€60,8252025
JUNE Creative Agency Gembloux2023€195,111€176,291€88,515€61,2892025
TEKBOOT Brussel2022€131,642€97,201€65,811€2,7962025

They were chosen from the 576 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as NWN SOFTWARE has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of NWN SOFTWARE itself is lower: 0.1% within 12 months. It rests on far more data about NWN SOFTWARE than the profile alone.

Test of the method

The method was tested on the 497,445 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 39,278 companies, not a prediction for NWN SOFTWARE. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€120,686
Fixed assets21/28€3,056
Tangible fixed assets22/27€3,056
Furniture and vehicles24€3,056
Current assets29/58€117,630
Amounts receivable within one year40/41€30,368
Trade receivables40€22,683
Other amounts receivable41€7,685
Cash at bank and in hand54/58€85,613
Deferred charges and accrued income490/1€1,649
Equity and liabilities
Total equity and liabilities10/49€120,686
Equity10/15€88,005
Contributions10/11€1,000
Profit (loss) carried forward14€87,005
Amounts payable17/49€32,681
Amounts payable within one year42/48€32,681
Trade debts44€1,165
Suppliers440/4€1,165
Taxes, remuneration and social security45€28,914
Taxes450/3€26,750
Remuneration and social security454/9€2,164
Other amounts payable47/48€2,602
Income statement Code2025
Remuneration, social security and pensions62€4,750
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,048
Other operating charges640/8€527
Non-recurring operating charges66A€1,992
Gross operating margin9900€100,504
Operating profit (loss)9901€92,187
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€4,182
Recurring financial charges65€4,182
Profit (loss) for the period before taxes9903€88,022
Income taxes67/77€12,916
Profit (loss) for the period9904€75,106
Profit (loss) for the period to be appropriated9905€75,106
Appropriation of the result
Profit (loss) to be appropriated9906€87,005
Profit (loss) brought forward from the previous period14P€11,899

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Remuneration, social security and pensions62€4,750
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,048
Other operating charges640/8€527
Non-recurring operating charges66A€1,992
Gross operating margin9900€100,504
Operating profit (loss)9901€92,187
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€4,182
Recurring financial charges65€4,182
Profit (loss) for the period before taxes9903€88,022
Income taxes67/77€12,916
Profit (loss) for the period9904€75,106
Profit (loss) for the period to be appropriated9905€75,106
Line2025
Assets
Total assets20/58€120,686
Fixed assets21/28€3,056
Tangible fixed assets22/27€3,056
Furniture and vehicles24€3,056
Current assets29/58€117,630
Amounts receivable within one year40/41€30,368
Trade receivables40€22,683
Other amounts receivable41€7,685
Cash at bank and in hand54/58€85,613
Deferred charges and accrued income490/1€1,649
Equity and liabilities
Total equity and liabilities10/49€120,686
Equity10/15€88,005
Contributions10/11€1,000
Profit (loss) carried forward14€87,005
Amounts payable17/49€32,681
Amounts payable within one year42/48€32,681
Trade debts44€1,165
Suppliers440/4€1,165
Taxes, remuneration and social security45€28,914
Taxes450/3€26,750
Remuneration and social security454/9€2,164
Other amounts payable47/48€2,602
Line2025
Profit (loss) for the period9904€75,106
+ Depreciation and write-downs630€1,048
Operating cash flow (approximation)€76,154

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00437143 NBB

Next steps