Process and Application Transformation Solutions

Limited partnershipfounded 2017active for 8 yearsHollebeke-Dorp 24, 8902 Ieper, BelgiumKBO/BCE: BE 0683.663.522

Summary

Process and Application Transformation Solutions has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €312,450 and a net result of €52,780. Its solvency ranks better than 82% of 2,644 sector peers (NACE 62, financial year 2023). The computed 12-month bankruptcy probability is 0.2% (very low).

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Process and Application Transformation SolutionsActive

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Activity

Other information technology and computer services

NACE 62900

1 site

Size

€411,008total assets 2023

Staff: 0.3 FTE
Equity: €312,450
Profit: €52,780

Turnover not published (abbreviated format)

Financial health

Bankruptcy probabilitywithin 12 months: 0.2%

2023 figures too old to score

Structure

Accounts 1 day early0 of 3 deeds read

Signalsraises riskFigures for financial year 2023 (filed 31-05-2024)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 5.67, cash €136,779Legal form: limited partnershipneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Financial strength, FY 2023

Strong

Solvency 100

equity 76.0% of total assets

Liquidity 90

short-term debt 12.6% · cash 33.3%

Profitability 85

return on assets 12.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,866 companies, NACE 62, micro)

Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

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Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2023 (filed 31-05-2024)

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Liquidity: current ratio 5.67, cash €136,779

NBB · annual accounts

Legal form: limited partnership

KBO

Latest accounts filed on time

The financial year that closed on 31-10-2023 was due by 31-05-2024 and was filed on 30-05-2024, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2023

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 1 day before the deadline; the sector median (NACE 62) for financial year 2023 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-05-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Positive: Among the best 19% on solvencysector median 42.9% · 2,644 companies 76.0% View
Total assets 2023first financial year filed €411,008 View
Active since 2017founded 24-10-2017 8 years View