Plane Tree Software
ActiveSummary
Plane Tree Software has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,689 and a net result of €27,407. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+95
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 11.18 against 9.95 in 2024; short-term debt: 8.7% and cash: 15.9% of total assets), and 8.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
91.3%
Return on assets
21.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
44 d early
2023
30 d late
2022
16 d late
2021
54 d early
2020
17 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€118,689▲ 30.0%
2024 · €91,281
Total assets
€129,946▲ 28.9%
2024 · €100,845
Net result
€27,407
2024 · -€18,893
Working capital
€114,584▲ 33.9%
2024 · €85,571
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,634▼ 10.8%€5,532▼ 84.5%-€633-€19,143▼ 2,925%€30,803
Net result€25,624▼ 9.4%€3,742▼ 85.4%-€674-€18,893▼ 2,702%€27,407
Equity€229,752▲ 12.6%€132,403▼ 42.4%€110,174▼ 16.8%€91,281▼ 17.1%€118,689▲ 30.0%
Total assets€242,420▲ 1.0%€139,577▼ 42.4%€119,704▼ 14.2%€100,845▼ 15.8%€129,946▲ 28.9%
Debt€12,668▼ 64.7%€7,174▼ 43.4%€9,530▲ 32.8%€9,563▲ 0.3%€11,258▲ 17.7%
Working capital€226,019▲ 13.5%€128,570▼ 43.1%€108,356▼ 15.7%€85,571▼ 21.0%€114,584▲ 33.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30,803 after a loss of €19,143 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129,946
Fixed assets
€4,105 ▼ 28.1%
Current assets
€125,842 ▲ 32.3%
Equity and liabilities €129,946
Equity
€118,689 ▲ 30.0%
Debt
€11,258 ▲ 17.7%
Debt's share of the balance-sheet total falls from 9.5% to 8.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,408▲
2024 · -€17,995
Cash flow
€29,012▲
2024 · -€17,745
Current ratio
11.18▲
2024 · 9.95
Debt to equity
0.09▼
2024 · 0.10
ROE
23.1%▲
2024 · -20.7%
ROA
21.1%▲
2024 · -18.7%
Interest coverage
406.62▲
2024 · -198.71
Debt ≤ 1 year
€11,258▲
2024 · €9,563
Income taxes
€3,757▲
2024 · €115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,936 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,176 | €2,130 | €2,015 | €1,148 | €1,605 | ▲ 39.9% |
| Other operating charges640/8 | €666 | €671 | €736 | €899 | €544 | ▼ 39.5% |
| Non-recurring operating charges66A | - | - | - | €137 | €0 | ▼ 100% |
| Gross operating margin9900 | €38,475 | €8,333 | €2,118 | -€16,959 | €32,951 | ▲ 294% |
| Operating profit (loss)9901 | €35,634 | €5,532 | -€633 | -€19,143 | €30,803 | ▲ 261% |
| Financial income75/76B | €0 | €0 | €351 | €456 | €441 | ▼ 3.3% |
| Recurring financial income75 | €0 | €0 | €351 | €456 | €441 | ▼ 3.3% |
| Financial charges65/66B | €79 | €78 | €99 | €91 | €80 | ▼ 12.0% |
| Recurring financial charges65 | €79 | €78 | €99 | €91 | €80 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | €35,555 | €5,455 | -€381 | -€18,777 | €31,164 | ▲ 266% |
| Income taxes67/77 | €9,931 | €1,713 | €294 | €115 | €3,757 | ▲ 3,155% |
| Profit (loss) for the period9904 | €25,624 | €3,742 | -€674 | -€18,893 | €27,407 | ▲ 245% |
| Profit (loss) for the period to be appropriated9905 | €25,624 | €3,742 | -€674 | -€18,893 | €27,407 | ▲ 245% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €242,420 | €139,577 | €119,704 | €100,845 | €129,946 | ▲ 28.9% |
| Fixed assets21/28 | €3,733 | €3,833 | €1,818 | €5,710 | €4,105 | ▼ 28.1% |
| Tangible fixed assets22/27 | €3,733 | €3,833 | €1,818 | €5,210 | €3,605 | ▼ 30.8% |
| Plant, machinery and equipment23 | €345 | €2,180 | €1,676 | €3,971 | €2,925 | ▼ 26.3% |
| Furniture and vehicles24 | €3,388 | €1,653 | €142 | €1,239 | €680 | ▼ 45.1% |
| Financial fixed assets28 | - | - | - | €500 | €500 | = |
| Current assets29/58 | €238,687 | €135,744 | €117,886 | €95,135 | €125,842 | ▲ 32.3% |
| Amounts receivable within one year40/41 | €21,360 | €8,643 | €16,402 | €5,896 | €6,534 | ▲ 10.8% |
| Trade receivables40 | €20,731 | €5,356 | €16,402 | €5,525 | €6,534 | ▲ 18.3% |
| Other amounts receivable41 | €629 | €3,287 | - | €372 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €71,774 | €97,082 | ▲ 35.3% |
| Cash at bank and in hand54/58 | €216,687 | €126,432 | €100,823 | €15,885 | €20,642 | ▲ 29.9% |
| Deferred charges and accrued income490/1 | €640 | €669 | €661 | €1,580 | €1,583 | ▲ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €242,420 | €139,577 | €119,704 | €100,845 | €129,946 | ▲ 28.9% |
| Equity10/15 | €229,752 | €132,403 | €110,174 | €91,281 | €118,689 | ▲ 30.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €223,552 | €126,203 | €104,648 | €104,648 | €112,489 | ▲ 7.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €221,692 | €124,343 | €102,788 | €102,788 | €110,629 | ▲ 7.6% |
| Profit (loss) carried forward14 | - | - | -€674 | -€19,567 | €0 | ▲ 100% |
| Amounts payable17/49 | €12,668 | €7,174 | €9,530 | €9,563 | €11,258 | ▲ 17.7% |
| Amounts payable within one year42/48 | €12,668 | €7,174 | €9,530 | €9,563 | €11,258 | ▲ 17.7% |
| Financial debts43 | - | - | - | - | €173 | - |
| Credit institutions430/8 | - | - | - | - | €173 | - |
| Trade debts44 | €26 | €131 | €1,895 | €1,000 | €681 | ▼ 31.9% |
| Suppliers440/4 | €26 | €131 | €1,895 | €1,000 | €681 | ▼ 31.9% |
| Taxes, remuneration and social security45 | €11,131 | €3,986 | €3,123 | €2,700 | €8,530 | ▲ 216% |
| Taxes450/3 | €7,631 | €3,986 | €3,123 | €2,700 | €8,530 | ▲ 216% |
| Remuneration and social security454/9 | €3,500 | - | - | - | - | - |
| Other amounts payable47/48 | €1,511 | €3,056 | €4,512 | €5,863 | €1,873 | ▼ 68.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,624 | €3,742 | -€674 | -€18,893 | €27,407 | ▲ 245% |
| + Depreciation and write-downs630 | €2,176 | €2,130 | €2,015 | €1,148 | €1,605 | ▲ 39.9% |
| Operating cash flow (approximation) | €27,800 | €5,872 | €1,341 | -€17,745 | €29,012 | ▲ 263% |
| Investment in fixed assets (approximation) | - | -€2,231 | €0 | -€5,040 | €0 | ▲ 100% |
| Change in cash | - | -€90,255 | -€25,609 | -€84,938 | €4,757 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27,407
Net result €27,407 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €118,689 ▲30%
Equity rises from €91,281 to €118,689.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€18,893
Net result drops to -€18,893, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 18.84
Current ratio from 6.56 to 18.84; short-term debt falls from €35,840 to €12,668.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €28,293 ▲24.1%
Operating result €39,967, net result €28,293, both a record.
31-12
Financial
Equity above €200,000Eq €204,128 ▲3.3%
3 profitable years in a row build equity to €204,128.
Show earlier events
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2011
Ground area
145 m²
Building footprint
90 m²
Volume, LiDAR
738 m³
Parcel 44804D3181/00X004, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Plane Tree Software
since 20112.201.891.387
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3181/00X004 | Flanders | 145 m² | 1 · 90 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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IT CONSULTANCY VAN DAMME
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,394. 15,493 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
lievendekeyser@gmail.comGent
Scores and ratios are computed by Checked and are not a credit decision.