PRODATA PTEXCELLENCE
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 9 filings
Turnover
≈ €4.1m
Estimated: probably between €3.2m and €5.0m
EBIT margin
Not included in this filing
Net result
€694,186
2024 · -€912,506
Working capital
€2.2m
2024 · -€1.5m
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€817,142
2025
20182025
Net result
€694,186
2025
highest quarter of the sector
20182025
Equity
€1.7m
▲ 227%
2025
middle half of the sector
20182025
Total assets
€3.6m
▲ 11.3%
2025
middle half of the sector
20182025
Debt
€1.9m
▼ 29.7%
2025
20182025
Working capital
€2.2m
2025
highest quarter of the sector
20182025
Solvency
47.0%
▲ 31.0pp
2025
middle half of the sector
20182025
Current ratio
2.81
▲ 2.46
2025
highest quarter of the sector
20182025
Return on assets (ROA)
19.2%
▲ 47.3pp
2025
highest quarter of the sector
20182025
Staff (FTE)
5.9
▲ 1.7%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.06m-€0.03m▼ 44.7%€0.04m▲ 9.3%-€1.4m-€1.0m▲ 31.6%-€1.0m▼ 1.5%-€0.8m▲ 22.9%€0.8m
Net result€0.05m-€0.02m▼ 70.3%-€0.02mbelow the sector's middle half-€1.5mbelow the sector's middle half▼ 8,274%-€1.1mbelow the sector's middle half▲ 28.1%-€1.1mbelow the sector's middle half▼ 7.2%-€0.9mbelow the sector's middle half▲ 20.4%€0.7mabove the sector's middle half
Equity€1.0m-€1.2m▲ 29.4%€1.2mabove the sector's middle half▲ 0.6%-€0.2mbelow the sector's middle half-€1.3mbelow the sector's middle half▼ 443%-€2.5mbelow the sector's middle half▼ 87.4%€0.5mwithin the sector's middle half€1.7mwithin the sector's middle half▲ 227%
Total assets€1.5m-€3.0m▲ 106%€2.4mabove the sector's middle half▼ 19.7%€1.7mabove the sector's middle half▼ 27.9%€1.9mabove the sector's middle half▲ 7.5%€1.8mabove the sector's middle half▼ 4.7%€3.2mabove the sector's middle half▲ 81.7%€3.6mwithin the sector's middle half▲ 11.3%
Debt€0.5m-€1.8m▲ 253%€1.2m▼ 33.8%€2.0m▲ 69.2%€3.2m▲ 60.4%€4.2m▲ 33.2%€2.7m▼ 35.7%€1.9m▼ 29.7%
Working capital€0.9m-€1.2m▲ 31.2%€1.2mabove the sector's middle half▲ 3.4%-€0.8mbelow the sector's middle half-€2.1mbelow the sector's middle half▼ 164%-€3.7mbelow the sector's middle half▼ 71.5%-€1.5mbelow the sector's middle half▲ 60.3%€2.2mabove the sector's middle half
Solvency65.6%-41.1%▼ 24.4pp51.5%within the sector's middle half▲ 10.4pp-13.9%below the sector's middle half▼ 65.3pp-69.9%below the sector's middle half▼ 56.1pp-137.5%below the sector's middle half▼ 67.6pp16.0%within the sector's middle half▲ 153.5pp47.0%within the sector's middle half▲ 31.0pp
Current ratio2.85-1.67▼ 1.182.05within the sector's middle half▲ 0.380.58below the sector's middle half▼ 1.480.29below the sector's middle half▼ 0.280.12below the sector's middle half▼ 0.170.34below the sector's middle half▲ 0.222.81above the sector's middle half▲ 2.46
Return on assets (ROA)3.6%-0.5%▼ 3.1pp-0.7%below the sector's middle half▼ 1.2pp-85.3%below the sector's middle half▼ 84.6pp-57.0%below the sector's middle half▲ 28.3pp-64.2%below the sector's middle half▼ 7.1pp-28.1%below the sector's middle half▲ 36.0pp19.2%above the sector's middle half▲ 47.3pp
Staff (FTE)3.7-4.3▲ 16.2%5within the sector's middle half▲ 16.3%5.8within the sector's middle half▲ 16.0%5.9within the sector's middle half▲ 1.7%6within the sector's middle half▲ 1.7%5.8within the sector's middle half▼ 3.3%5.9within the sector's middle half▲ 1.7%
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €817,142, after a loss of €765,991 in 2024. It is the highest result since 2021.
Large changes and their cause
- 2025 Equity +227% on 2024. Demerger with Prodata Tech, effective 30-09-2025. Capital increase of €1,900,000 (Official Gazette 01-12-2025).
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets
€210,348 ▼ 91.5%
Current assets
€3.4m ▲ 345%
Equity and liabilities €3.6m
Equity
€1.7m ▲ 227%
Debt
€1.9m ▼ 29.7%
Debt's share of the balance-sheet total falls from 84.0% to 53.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.5m▲
2024 · -€500,749
Cash flow
€1.4m▲
2024 · -€647,264
Quick ratio
2.52▲
2024 · 0.29
Debt to equity
1.13▼
2024 · 5.26
ROE
40.9%▲
2024 · -175.9%
Interest coverage
11.11▲
2024 · -3.11
Debt ≤ 1 year
€1.2m▼
2024 · €2.2m
Income taxes
€1,528▲
2024 · -€13,032
Staff costs
€593,126▲
2024 · €551,675
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 6 | 6 | 6 |
| full-time | 6 | 5 | 5 | 5 | 6 |
| part-time | - | 1 | 1 | 1 | - |
| in full-time equivalents | 6 | 5.9 | 5.9 | 5.9 | 6 |
| Average over the year, in full-time equivalents | 5.8 | 5.9 | 6 | 5.8 | 5.9 |
| On a permanent contract | 6 | 6 | 5 | 5 | 6 |
| Joined | 1 | - | 1 | - | - |
| Left | 0 | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €643,542 | €473,206 | €497,601 | €3.8m | - |
| Financial fixed assets | - | - | - | €1,185 | - |
| Depreciation and write-downs of the year | €39,841 | €131,903 | €199,865 | €265,242 | €702,653 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €3,983 awarded · €3,983 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,145 | €2,145 |
| 2023 | 1 | €0 | €1,838 |
| 2022 | 1 | €1,838 | €0 |
Public contracts
1 award · 2024
Validator Framework Agreement
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.04m | €0.04m | €0.04m | €0.1m | €0.2m | €0.3m | €0.7m | ▲ 165% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.8m | - | - | - | €0.06m | - |
| Other operating charges640/8 | - | - | - | €0.009m | €0.007m | €0.007m | €0.007m | €0.007m | ▲ 0.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.2m | - |
| Gross operating margin9900 | €0.4m | €0.4m | €0.5m | -€0.1m | -€0.3m | -€0.2m | €0.06m | €2.4m | ▲ 40× |
| Operating profit (loss)9901 | €0.06m | €0.03m | €0.04m | -€1.4m | -€1.0m | -€1.0m | -€0.8m | €0.8m | - |
| Financial income75/76B | - | - | - | €1 | €0.001m | €0.001m | €0.001m | €0.02m | ▲ 13× |
| Recurring financial income75 | €219 | €51 | €0.001m | €1 | €0.001m | €0.001m | €0.001m | €0.02m | ▲ 13× |
| Financial charges65/66B | - | - | - | €0.06m | €0.09m | €0.2m | €0.2m | €0.1m | ▼ 14.9% |
| Recurring financial charges65 | €0.008m | €0.02m | €0.05m | €0.06m | €0.09m | €0.2m | €0.2m | €0.1m | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.02m | -€0.02m | -€1.5m | -€1.1m | -€1.2m | -€0.9m | €0.7m | - |
| Income taxes67/77 | €0.001m | €0.002m | €0.001m | €0.002m | €0.002m | -€0.02m | -€0.01m | €0.002m | - |
| Profit (loss) for the period9904 | €0.05m | €0.02m | -€0.02m | -€1.5m | -€1.1m | -€1.1m | -€0.9m | €0.7m | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.02m | -€0.02m | -€1.5m | -€1.1m | -€1.1m | -€0.9m | €0.7m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €3.0m | €2.4m | €1.7m | €1.9m | €1.8m | €3.2m | €3.6m | ▲ 11.3% |
| Fixed assets21/28 | €0.07m | €0.06m | €0.04m | €0.6m | €1.0m | €1.3m | €2.5m | €0.2m | ▼ 91.5% |
| Intangible fixed assets21 | €0.05m | €0.03m | €0.02m | €0.6m | €1.0m | €1.3m | €2.5m | €0.2m | ▼ 91.6% |
| Tangible fixed assets22/27 | €0.02m | €0.03m | €0.02m | €0.01m | €0.005m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | - | - | - | - |
| Leasing and similar rights25 | - | - | - | €0.008m | €0.004m | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | - | - | €0.001m | €0.001m | = |
| Current assets29/58 | €1.4m | €2.9m | €2.4m | €1.1m | €0.9m | €0.5m | €0.8m | €3.4m | ▲ 345% |
| Stocks and contracts in progress3 | €0.3m | €0.2m | €0.2m | €0.1m | €0.04m | €0.01m | €0.1m | €0.3m | ▲ 175% |
| Stocks30/36 | - | - | - | €0.1m | €0.04m | €0.01m | €0.1m | €0.3m | ▲ 175% |
| Amounts receivable within one year40/41 | €1.1m | €1.9m | €1.3m | €0.4m | €0.7m | €0.5m | €0.6m | €2.6m | ▲ 333% |
| Trade receivables40 | - | - | - | €0.3m | €0.5m | €0.4m | €0.3m | €0.7m | ▲ 105% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.2m | €0.1m | €0.3m | €1.9m | ▲ 631% |
| Cash at bank and in hand54/58 | €0.02m | €0.04m | €0.09m | €0.5m | €0.2m | €0.002m | €0.01m | €0.4m | ▲ 32× |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.02m | €0.03m | €0.05m | ▲ 97.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €3.0m | €2.4m | €1.7m | €1.9m | €1.8m | €3.2m | €3.6m | ▲ 11.3% |
| Equity10/15 | €1.0m | €1.2m | €1.2m | -€0.2m | -€1.3m | -€2.5m | €0.5m | €1.7m | ▲ 227% |
| Contributions10/11 | €1.1m | €1.3m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.9m | ▲ 42.9% |
| Capital10 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.9m | ▲ 42.9% |
| Issued capital100 | - | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.9m | ▲ 42.9% |
| Profit (loss) carried forward14 | -€0.1m | -€0.09m | -€0.1m | -€1.6m | -€2.7m | -€3.8m | -€0.8m | -€0.2m | ▲ 71.7% |
| Amounts payable17/49 | €0.5m | €1.8m | €1.2m | €2.0m | €3.2m | €4.2m | €2.7m | €1.9m | ▼ 29.7% |
| Amounts payable after more than one year17 | €0.02m | €0.008m | €0.002m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €1.8m | €1.2m | €1.9m | €3.0m | €4.2m | €2.2m | €1.2m | ▼ 45.6% |
| Financial debts43 | - | - | - | €0.05m | €0.05m | €0.03m | - | - | - |
| Credit institutions430/8 | - | - | - | €0.05m | €0.05m | €0.03m | - | - | - |
| Trade debts44 | €0.2m | €0.8m | €0.1m | €0.5m | €0.9m | €1.0m | €0.7m | €1.1m | ▲ 64.4% |
| Suppliers440/4 | - | - | - | €0.5m | €0.9m | €1.0m | €0.7m | €1.1m | ▲ 64.4% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.06m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.07m | ▲ 8.3% |
| Taxes450/3 | - | - | - | €0.002m | €0.002m | - | - | €0.002m | - |
| Remuneration and social security454/9 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.07m | ▲ 5.9% |
| Other amounts payable47/48 | - | - | - | €1.3m | €2.0m | €3.0m | €1.5m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.07m | €0.1m | €0.06m | €0.5m | €0.7m | ▲ 40.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.02m | -€0.02m | -€1.5m | -€1.1m | -€1.1m | -€0.9m | €0.7m | - |
| + Depreciation and write-downs630 | €0.04m | €0.04m | €0.04m | €0.04m | €0.1m | €0.2m | €0.3m | €0.7m | ▲ 165% |
| Operating cash flow (approximation) | €0.09m | €0.06m | €0.03m | -€1.4m | -€0.9m | -€0.9m | -€0.6m | €1.4m | - |
| Investment in fixed assets (approximation) | - | -€0.03m | -€0.02m | -€0.6m | -€0.5m | -€0.5m | -€1.5m | €1.6m | - |
| Change in cash | - | €0.01m | €0.05m | €0.5m | -€0.4m | -€0.2m | €0.01m | €0.4m | ▲ 39× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as PRODATA PTEXCELLENCE has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of PRODATA PTEXCELLENCE itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 34,693 companies, not a prediction for PRODATA PTEXCELLENCE. 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.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 26-06-2026 | 2026-00204321 | |
| 31-12-2024 | abbreviated format | 17-04-2025 | 2025-00071172 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00139217 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00181893 | |
| 31-12-2021 | abbreviated format | 20-06-2022 | 2022-20079477 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22000207 | |
| 31-12-2019 | abbreviated format | 18-05-2020 | 2020-12400520 | |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-27500491 | |
| 31-12-2017 | abbreviated format | 25-04-2018 | 2018-10700390 |