Checked.be
Active
BE 0646.679.895Private limited company
Peak Software
Margareta van Constantinopelstr. 4 ·8820 Torhout, Belgium· 10 yrs active
Sector: Computer programming
(62100)
Conclusion
Peak Software has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €92k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 2607 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 6 annual accounts.
Key figures
| Equity | €116k |
| Net result | €92k |
| Staff (FTE) | 1.4 |
| Better than sector | 78% |
Financial profile
96
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
100
Profitability
100
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
100
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€12k
estimate, not credit advice
Score history
20
2020
16
2021
94
2022
65
2023
68
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.36 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.36 (≥ 1.0)
+5
Leverage
Debt/equity 0.30 (< 1.0)
+10
Profitability
ROE 79% (≥ 10%)
+10
Interest coverage
Interest coverage 205.7× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-05-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 77.1% | 45.9% | |
| Net result | €92k | €24k | |
| Equity | €116k | €141k | |
| Gross operating margin | €170k | €90k | |
| Staff costs | €76k | €280k |
€93k
+8.9%
20-25
€92k
+10.9%
20-25
€93k
+10.8%
20-25
€150k
+15.4%
20-25
€116k
+387.6%
20-25
€116k
+404.2%
20-25
1
-30.0%
20-25
€76k
-37.4%
20-25
€391
+51.5%
20-25
€0
-100.0%
20-25
€34k
-67.7%
20-25
€34k
-67.7%
20-25
4.36
+258.9%
20-25
4.36
+258.9%
20-25
77.1%
+322.7%
20-25
0.30
-93.4%
20-25
79.5%
-77.2%
20-25
61.3%
-3.8%
20-25
205.70
+331.9%
20-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | +8.9% | -5.8% | -29.7% | +881.8% | - |
| Net profit | +10.9% | -6.0% | -30.4% | +1141.9% | - |
| Cash flow | +10.8% | -5.9% | -30.0% | +1121.6% | - |
| Staff costs | -37.4% | -10.2% | +190.7% | -42.8% | - |
| Income taxes | +51.5% | - | -100.0% | +91.1% | - |
| Dividends | -100.0% | -36.2% | - | - | - |
| Total assets | +15.4% | -18.2% | +14.0% | +444.7% | - |
| Equity | +387.6% | +0.1% | -63.7% | - | - |
| Debt | -67.7% | -21.5% | +82.3% | -12.3% | - |
| of which ≤ 1y | -67.7% | -21.5% | +87.2% | -12.6% | - |
| of which > 1y | - | - | - | - | - |
| Working capital | +404.2% | +32.8% | -74.3% | - | - |
| Employees (FTE) | -30.0% | +11.1% | +38.5% | -27.8% | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.36 | 1.22 | 1.13 | 1.93 | 0.31 |
| Quick ratio | 4.36 | 1.22 | 1.13 | 1.93 | 0.31 |
| Working capital ratio | 77.0% | 17.6% | 10.8% | 48.1% | -224.2% |
| Solvency | 77.1% | 18.2% | 14.9% | 46.8% | -230.5% |
| Debt / equity | 0.30 | 4.48 | 5.71 | 1.14 | -1.43 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 205.70 | 47.62 | 43.17 | 63.99 | 5.00 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 61.3% | 63.7% | 55.4% | 90.8% | 39.8% |
| ROE | 79.5% | 349.4% | 372.2% | 194.1% | -17.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €150k | €130k | €159k | €140k | €26k |
| Fixed assets | 21/28 | €184 | €823 | €6k | €138 | €324 |
| Tangible fixed assets | 22/27 | €184 | €823 | €1k | €138 | €324 |
| Financial fixed assets | 28 | - | €0 | €5k | - | - |
| Current assets | 29/58 | €150k | €129k | €153k | €140k | €25k |
| Amounts receivable within one year | 40/41 | €105k | €124k | €126k | €45k | €12k |
| Cash & bank | 54/58 | €44k | €4k | €24k | €94k | €10k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €150k | €130k | €159k | €140k | €26k |
| Equity | 10/15 | €116k | €24k | €24k | €65k | €-59k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €97k | €5k | €5k | €47k | - |
| Accumulated profits (losses) | 14 | €2 | €166 | €132 | €6 | €-78k |
| Amounts payable | 17/49 | €34k | €107k | €136k | €74k | €85k |
| Amounts payable within one year | 42/48 | €34k | €107k | €136k | €72k | €83k |
| Trade debts payable within one year | 44 | €3k | €8k | €11k | €2k | €604 |
| Income statement | ||||||
| Gross operating margin | 9900 | €170k | €208k | €227k | €177k | €95k |
| Operating result | 9901 | €93k | €85k | €90k | €129k | €13k |
| Financial income | 75 | €251 | €0 | - | €0 | €0 |
| Financial charges | 65 | €454 | €2k | €2k | €2k | €3k |
| Result before taxes | 9903 | €92k | €83k | €88k | €127k | €10k |
| Income taxes | 67/77 | €391 | €258 | €0 | €259 | €136 |
| Net result for the period | 9904 | €92k | €83k | €88k | €127k | €10k |
| Result to be appropriated | 9905 | €92k | €83k | €88k | €127k | €10k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 15-01-2016 |
| Status | Active |
| Postal code | 8820 |
Establishment units
Peak Software
since 20162.250.204.911
Updates
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 4.36
Current ratio from 1.22 to 4.36; short-term debt falls from €107k to €34k.
31-12
Financial
Equity above €100kEq €116k ▲388%
5 profitable years in a row build equity to €116k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €127k ▲1142%
Operating result €129k, net result €127k, both a record.
31-12
Financial
Liquidity times 6current ratio 1.93
Current ratio from 0.31 to 1.93; short-term debt falls from €83k to €72k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010IT consultancy62020Computer programming62100Computer consultancy and computer facilities management62200Other software publishing58290Other information technology and computer services62900Computing infrastructure, data processing, hosting and related activities63100Computing infrastructure, data processing, hosting and other information service activities63110
Names & trade names
| Legal nameNL | Peak Software |
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