Equity
Equity fell by 69% in 7 years.
Equity fell by 69% in 7 years.
Every financial year from 2019 to 2025 closed with a loss. 2019 was the heaviest.
The micro format states no turnover.
Of this, €164,585 falls due within a year.
The last five annual accounts were filed 23 to 111 days before the end of the period.
Larger balance sheet than 85% of companies in telecommunications. Sector median €98,629 · 335 companies.
The dashed line is the sector median: 0.8% across 527 companies (NACE 61, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 61, micro). It does better than 33% of them on solvency, 28% on liquidity, 46% on profitability and 43% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,450 companies had the same profile as SB - SOFTWARE has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SB - SOFTWARE itself: 0.5% within 12 months.
The method was tested on the 497,447 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 2,450 companies, not a prediction for SB - 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.
Liquidity is insufficient, with a current ratio of 0.26 (0.19 in 2024), below 1. Short-term debt is 41.8% and cash 1.3% of total assets. 79.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 56 days before the deadline. In the sector (NACE 61), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SB - SOFTWARE Antwerp | €393,641 | €70,434 | 20.4% | - |
| 2 Consult Lint | €398,488 | €75,487 | 67.4% | - |
| ADW@WORK Jette | €365,568 | €74,240 | 82.6% | - |
| SKYLINE - TELECOM Schaerbeek | €455,747 | €73,130 | 86.9% | - |
| CESAR INFORMATION SERVICES Brussels | €408,722 | €71,590 | 60.2% | - |
| NETSALE-IT Aarschot | €341,552 | €82,906 | 93.2% | - |
| 4BetterResults.be Spiere-Helkijn | €345,527 | €113,628 | 79.9% | - |
These companies have the same main activity as SB - SOFTWARE: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €342,000 and €456,000, founded between 1998 and 2004.
SB - SOFTWARE files the micro format. That format states no turnover. The gross margin fell from €72,899 in 2006 to €70,434 in 2025.
The balance sheet grew most in 2011 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €140,000 and €370,000.
Higher than 31% of 334 companies in 2025.
Higher than 6% of 322 companies in 2025.
Higher than 30% of 326 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
393,641 | 453,868 | 514,475 | 475,136 | 528,286 | 536,535 | 549,106 | 631,237 | 771,915 | 689,067 | 715,565 | 756,559 | 763,962 | 808,564 | 822,695 | 481,368 | 380,817 | 384,543 | 318,110 | |
21/28 |
350,915 | 419,539 | 484,526 | 451,495 | 489,940 | 504,210 | 474,564 | 505,274 | 567,001 | 602,894 | 654,099 | 707,675 | 744,063 | 791,316 | 782,082 | 390,276 | 304,890 | 343,061 | 293,117 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 125 | |
22/27 |
279,915 | 348,539 | 413,526 | 380,495 | 418,940 | 470,210 | 474,564 | 505,274 | 567,001 | 602,894 | 654,099 | 707,675 | 744,063 | 791,316 | 782,082 | 390,276 | 304,890 | 343,061 | 292,992 | |
22 |
242,966 | 296,807 | 350,648 | 375,376 | 417,580 | 467,156 | 469,420 | 499,179 | 548,962 | 575,080 | 613,059 | 654,250 | 711,246 | 752,743 | 766,830 | 364,450 | 251,612 | 271,925 | 270,430 | |
23 |
- | - | 0 | 94 | 187 | 1,512 | 2,837 | 5,519 | 7,777 | 7,783 | 10,994 | 13,366 | 16,615 | 17,301 | 7,588 | 7,751 | 12,894 | 21,028 | 15,398 | |
24 |
36,948 | 51,732 | 62,879 | 5,026 | 1,173 | 1,542 | 2,307 | 576 | 10,262 | 20,030 | 30,045 | 40,060 | 16,202 | 21,272 | 7,664 | 18,074 | 40,384 | 50,107 | 5,234 | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,929 | |
28 |
71,000 | 71,000 | 71,000 | 71,000 | 71,000 | 34,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
42,726 | 34,329 | 29,949 | 23,640 | 38,346 | 32,325 | 74,542 | 125,963 | 204,914 | 86,173 | 61,466 | 48,884 | 19,899 | 17,248 | 40,613 | 91,093 | 75,927 | 41,483 | 24,993 | |
3 |
0 | 1,809 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
0 | 1,809 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
34,167 | 19,427 | 21,020 | 18,578 | 18,943 | 19,345 | 8,014 | 27,000 | 130,027 | 66,683 | 41,419 | 40,380 | 16,573 | 14,151 | 15,357 | 80,757 | 65,209 | 27,052 | 19,385 | |
40 |
34,067 | 19,427 | 20,970 | 18,512 | 15,694 | 19,345 | 8,014 | 24,400 | 911 | 19,565 | 39,698 | 40,380 | 16,573 | 14,151 | 15,357 | 9,758 | 18,399 | 17,576 | 14,337 | |
41 |
100 | 0 | 50 | 66 | 3,249 | - | - | 2,600 | 129,116 | 47,119 | 1,721 | - | - | - | - | 70,999 | 46,810 | 9,476 | 5,048 | |
54/58 |
5,002 | 9,720 | 5,676 | 2,010 | 16,526 | 9,974 | 44,566 | 70,283 | 48,671 | 2,830 | 7,068 | 3,208 | 2,053 | 3,097 | 19,950 | 10,336 | 10,718 | 14,430 | 5,608 | |
490/1 |
3,557 | 3,373 | 3,253 | 3,053 | 2,878 | 3,006 | 21,962 | 28,680 | 26,215 | 16,660 | 12,979 | 5,296 | 1,273 | - | 5,306 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
393,641 | 453,868 | 514,475 | 475,136 | 528,286 | 536,535 | 549,106 | 631,237 | 771,915 | 689,067 | 715,565 | 756,559 | 763,962 | 808,564 | 822,695 | 481,368 | 380,817 | 384,543 | 318,110 | |
10/15 |
80,120 | 80,453 | 123,319 | 140,419 | 165,457 | 175,157 | 211,832 | 257,586 | 253,263 | 217,688 | 195,980 | 160,185 | 133,203 | 119,926 | 108,938 | 111,932 | 95,096 | 96,773 | 85,739 | |
10/11 |
48,000 | 52,800 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | |
100 |
- | - | - | - | - | - | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | |
13 |
92,150 | 87,350 | 92,150 | 92,150 | 111,950 | 111,950 | 111,950 | 111,950 | 107,750 | 46,250 | 24,600 | 24,600 | 24,600 | 24,600 | 24,600 | 24,600 | 24,266 | 22,800 | 19,432 | |
130/1 |
- | 0 | 4,800 | 4,800 | 4,800 | 4,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,800 | 4,466 | 3,000 | 2,232 | |
1311 |
- | 0 | 4,800 | 4,800 | 4,800 | 4,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | 0 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 19,800 | 17,200 | |
133 |
92,150 | 87,350 | 87,350 | 87,350 | 87,350 | 87,350 | 87,350 | 87,350 | 83,150 | 21,650 | - | - | - | - | - | - | - | - | - | |
14 |
-60,030 | -59,697 | -16,831 | 269 | 5,507 | 15,207 | 51,882 | 97,636 | 97,513 | 123,438 | 123,380 | 87,585 | 60,603 | 47,326 | 36,338 | 39,332 | 22,830 | 25,973 | 18,307 | |
17/49 |
313,521 | 373,416 | 391,156 | 334,717 | 362,829 | 361,378 | 337,274 | 373,651 | 518,652 | 471,379 | 519,584 | 596,374 | 630,759 | 688,639 | 713,756 | 369,436 | 285,721 | 287,770 | 232,371 | |
17 |
146,033 | 184,278 | 220,982 | 200,123 | 225,625 | 252,845 | 279,045 | 301,373 | 350,506 | 389,056 | 436,961 | 521,033 | 558,485 | 612,962 | 540,588 | 156,534 | 204,757 | 180,473 | 176,589 | |
170/4 |
146,033 | 184,278 | 220,982 | 200,123 | 225,625 | 252,845 | 279,045 | 301,373 | 350,506 | 389,056 | 436,961 | 521,033 | 558,485 | 612,962 | 540,588 | 156,534 | 204,757 | 180,473 | 176,589 | |
42/48 |
164,585 | 185,256 | 166,373 | 131,529 | 134,876 | 106,867 | 57,229 | 69,633 | 83,881 | 79,054 | 77,937 | 70,569 | 66,206 | 69,124 | 172,108 | 211,902 | 79,965 | 106,297 | 54,782 | |
42 |
38,245 | 36,705 | 35,227 | 25,502 | 27,219 | 26,201 | 37,812 | 49,133 | 50,366 | 47,905 | 46,071 | 44,271 | 34,476 | 37,463 | 43,900 | 28,907 | 25,806 | 14,029 | 13,759 | |
43 |
- | - | - | - | - | - | - | - | - | 1,299 | 1,304 | 182 | 14 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 1,299 | 1,304 | 182 | 14 | - | - | - | - | - | - | |
44 |
5,005 | 12,285 | 13,162 | 11,924 | 10,853 | 44,250 | 1,896 | 2,011 | 3,601 | 1,107 | 1,357 | 1,048 | 15,418 | 14,303 | 89,801 | 144,538 | 4,437 | 76,279 | 19,941 | |
440/4 |
5,005 | 12,285 | 13,162 | 11,924 | 10,853 | 44,250 | 1,896 | 2,011 | 3,601 | 1,107 | 1,357 | 1,048 | 15,418 | 14,303 | 89,801 | 144,538 | 4,437 | 76,279 | 19,941 | |
45 |
10,880 | 11,602 | 6,181 | 13,775 | 9,705 | 12,739 | 10,044 | 8,264 | 29,914 | 28,742 | 29,206 | 24,483 | 15,186 | 14,051 | 25,179 | 32,457 | 18,721 | 9,988 | 15,082 | |
450/3 |
10,880 | 11,602 | 6,181 | 13,775 | 9,705 | 12,739 | 10,044 | 8,264 | 29,914 | 28,742 | 29,206 | 24,483 | 15,186 | 14,051 | 25,179 | 32,457 | 18,721 | 9,988 | 15,082 | |
47/48 |
110,455 | 124,663 | 111,804 | 80,327 | 87,098 | 23,678 | 7,477 | 10,224 | - | - | - | 585 | 1,112 | 3,308 | 13,228 | 6,000 | 31,000 | 6,000 | 6,000 | |
492/3 |
2,903 | 3,882 | 3,801 | 3,064 | 2,328 | 1,666 | 1,000 | 2,645 | 84,264 | 3,269 | 4,686 | 4,772 | 6,068 | 6,553 | 1,060 | 1,000 | 1,000 | 1,000 | 1,000 | |
| Income statement | ||||||||||||||||||||
76A |
14,825 | 0 | 5,489 | - | - | - | - | - | - | - | - | - | - | 7,728 | - | - | 7,667 | - | - | |
9900 |
70,434 | 39,566 | 53,968 | 43,431 | 63,116 | 29,869 | 22,503 | 107,839 | 134,257 | 117,069 | 140,362 | 133,000 | 106,526 | 96,190 | 90,429 | 143,358 | 78,829 | 79,758 | 72,899 | |
630 |
68,624 | 67,971 | 58,198 | 51,617 | 52,420 | 50,740 | 49,376 | 66,236 | 55,439 | 56,732 | 57,536 | 57,657 | 53,837 | 52,980 | 59,694 | 67,322 | 31,987 | 38,354 | 25,806 | |
640/8 |
3,667 | 4,063 | 3,061 | 3,470 | 3,475 | 3,580 | 4,758 | 4,292 | 4,380 | 4,762 | 5,684 | 7,043 | 2,757 | 3,814 | 9,545 | 13,748 | 5,621 | 3,630 | 2,391 | |
66A |
- | - | - | 0 | 5,746 | - | - | - | - | - | - | 1,240 | - | - | - | - | - | - | - | |
9901 |
-1,857 | -32,469 | -7,292 | -11,656 | 1,475 | -24,451 | -31,631 | 37,311 | 74,438 | 55,575 | 77,142 | 68,299 | 49,932 | 39,395 | 21,190 | 62,289 | 41,220 | 37,774 | 44,702 | |
75/76B |
10,688 | 13 | 9 | 1 | 0 | 2 | 19 | 77 | 7,807 | 1,915 | 5 | 14 | 44 | 107 | 61 | 1,279 | 63 | 800 | 207 | |
75 |
10,688 | 13 | 9 | 1 | 0 | 2 | 19 | 77 | 7,807 | 1,915 | 5 | 14 | 44 | 107 | 61 | 1,279 | 63 | 800 | 207 | |
65/66B |
8,936 | 10,210 | 9,454 | 9,885 | 10,903 | 12,023 | 13,784 | 15,237 | 16,782 | 19,209 | 22,295 | 25,893 | 28,892 | 30,975 | 20,390 | 24,605 | 14,918 | 12,684 | 12,913 | |
65 |
8,936 | 10,210 | 9,454 | 9,885 | 10,903 | 12,023 | 13,784 | 15,237 | 16,782 | 19,209 | 22,295 | 25,893 | 28,892 | 30,975 | 20,390 | 24,605 | 14,918 | 12,684 | 12,913 | |
9903 |
-105 | -42,665 | -16,736 | -21,540 | -9,428 | -36,472 | -45,396 | 22,150 | 65,462 | 38,281 | 54,852 | 41,180 | 21,083 | 16,256 | 861 | 38,962 | 34,032 | 25,891 | 31,996 | |
67/77 |
227 | 201 | 364 | 3,498 | 273 | 203 | 358 | 7,827 | 29,888 | 16,573 | 19,057 | 14,198 | 7,806 | 5,269 | 3,855 | 16,126 | 4,709 | 8,856 | 5,792 | |
9904 |
-332 | -42,866 | -17,100 | -25,038 | -9,700 | -36,675 | -45,754 | 14,323 | 35,575 | 21,708 | 35,796 | 26,982 | 13,278 | 10,987 | -2,994 | 22,837 | 29,323 | 17,035 | 26,204 | |
789 |
- | - | 0 | 19,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,900 | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,500 | 13,000 | |
9905 |
-332 | -42,866 | -17,100 | -5,238 | -9,700 | -36,675 | -45,754 | 14,323 | 35,575 | 21,708 | 35,796 | 26,982 | 13,278 | 10,987 | -2,994 | 22,837 | 29,323 | 14,435 | 13,204 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-60,030 | -59,697 | -16,831 | 269 | 5,507 | 15,207 | 51,882 | 111,836 | 159,013 | 145,088 | 123,380 | 87,585 | 60,603 | 47,326 | 36,338 | 45,666 | 55,296 | 32,742 | 25,223 | |
14P |
-59,697 | -16,831 | 269 | 5,507 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
4,800 | 4,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
4,800 | 4,800 | - | - | - | - | - | 4,200 | 61,500 | 21,650 | - | - | - | - | - | 334 | 1,466 | 768 | 916 | |
691 |
0 | 4,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 256 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 334 | 1,466 | 768 | 660 | |
6921 |
4,800 | - | - | - | - | - | - | 4,200 | 61,500 | 21,650 | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | 10,000 | - | - | - | - | - | - | - | 6,000 | 31,000 | 6,000 | 6,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | 6,000 | 6,000 | 6,000 | |
695 |
- | - | - | - | - | - | - | 10,000 | - | - | - | - | - | - | - | - | 25,000 | - | - | |
| Document | ||||||||||||||||||||
The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 07-04-2026 | 2026-00074321 | |
| 30-09-2024 | micro format | 25-03-2025 | 2025-00053526 | |
| 30-09-2023 | micro format | 07-02-2024 | 2024-00027341 | |
| 30-09-2022 | micro format | 09-01-2023 | 2023-20555066 | |
| 30-09-2021 | micro format | 10-03-2022 | 2022-07300519 | |
| 30-09-2020 | micro format | 16-03-2021 | 2021-07700301 | |
| 30-09-2019 | micro format | 16-03-2020 | 2020-06600561 | |
| 30-09-2018 | micro format | 04-03-2019 | 2019-06200354 | |
| 30-09-2017 | micro format | 05-03-2018 | 2018-06100509 | |
| 30-09-2016 | abbreviated format | 13-03-2017 | 2017-06100086 | |
| 30-09-2015 | abbreviated format | 05-04-2016 | 2016-08900005 | |
| 30-09-2014 | abbreviated format | 17-03-2015 | 2015-06200277 | |
| 30-09-2013 | abbreviated format | 17-03-2014 | 2014-06500130 | |
| 30-09-2012 | abbreviated format | 28-03-2013 | 2013-07300307 | |
| 30-09-2011 | abbreviated format | 02-04-2012 | 2012-07600028 | |
| 30-09-2010 | abbreviated format | 05-04-2011 | 2011-07700246 | |
| 31-12-2008 | abbreviated format | 24-07-2009 | 2009-45500034 | |
| 31-12-2007 | abbreviated format | 04-07-2008 | 2008-37300289 | |
| 31-12-2006 | abbreviated format | 29-06-2007 | 2007-30200313 | |
| 31-12-2005 | abbreviated format | 04-07-2006 | 2006-40200618 | |
| 31-12-2004 | abbreviated format | 01-07-2005 | 2005-40002527 | |
| 31-12-2003 | abbreviated format | 05-07-2004 | 2004-40000177 | |
| 31-12-2002 | abbreviated format | 02-07-2003 | 2003-37203949 | |
| 31-12-2001 | abbreviated format | 06-08-2002 | 2002-46002214 | |
| 31-12-2000 | abbreviated format | 20-07-2001 | 2001-40803415 | |
| 31-12-1999 | abbreviated format | 27-07-2000 | 2000-46700844 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 66,767 | 35,503 | 50,907 | 39,961 | 53,895 | 26,290 | 17,745 | 103,547 | 129,877 | 112,307 | 134,678 | 125,957 | 103,769 | 92,376 | 80,884 | 129,610 | 73,207 | 76,129 | 70,508 | ||
| 68,292 | 25,105 | 41,098 | 26,580 | 42,719 | 14,066 | 3,622 | 80,559 | 91,014 | 78,440 | 93,332 | 84,639 | 67,115 | 63,968 | 56,700 | 90,158 | 61,310 | 55,389 | 52,010 | ||
| 0 | 2,984 | 91,230 | 26,923 | 38,150 | 80,386 | 18,667 | 4,509 | 19,546 | 5,527 | 3,960 | 34,365 | 6,583 | 65,347 | 451,500 | 152,708 | -6,183 | 89,970 | 6,212 | ||
| -4,717 | 4,044 | 3,666 | -14,516 | 6,552 | -34,591 | -25,718 | 21,612 | 45,841 | -4,238 | 3,860 | 1,154 | -1,044 | -16,853 | 9,615 | - | -3,712 | 8,823 | - | ||
| -121,858 | -150,926 | -136,424 | -107,889 | -96,529 | -74,542 | 17,312 | 56,330 | 121,033 | 7,119 | -16,471 | -21,685 | -46,307 | -51,876 | -131,495 | -120,809 | -4,038 | -64,815 | -29,789 | ||
| 20.4% | 17.7% | 24.0% | 29.6% | 31.3% | 32.6% | 38.6% | 40.8% | 32.8% | 31.6% | 27.4% | 21.2% | 17.4% | 14.8% | 13.2% | 23.3% | 25.0% | 25.2% | 27.0% | ||
| 0.26 | 0.19 | 0.18 | 0.18 | 0.28 | 0.30 | 1.30 | 1.81 | 2.44 | 1.09 | 0.79 | 0.69 | 0.30 | 0.25 | 0.24 | 0.43 | 0.95 | 0.39 | 0.46 | ||
| 0.26 | 0.18 | 0.18 | 0.18 | 0.28 | 0.30 | 1.30 | 1.81 | 2.44 | 1.09 | 0.79 | 0.69 | 0.30 | 0.25 | 0.24 | 0.43 | 0.95 | 0.39 | 0.46 | ||
| 3.91 | 4.64 | 3.17 | 2.38 | 2.19 | 2.06 | 1.59 | 1.45 | 2.05 | 2.17 | 2.65 | 3.72 | 4.74 | 5.74 | 6.55 | 3.30 | 3.00 | 2.97 | 2.71 | ||
| -0.4% | -53.3% | -13.9% | -17.8% | -5.9% | -20.9% | -21.6% | 5.6% | 14.0% | 10.0% | 18.3% | 16.8% | 10.0% | 9.2% | -2.7% | 20.4% | 30.8% | 17.6% | 30.6% | ||
| -0.1% | -9.4% | -3.3% | -5.3% | -1.8% | -6.8% | -8.3% | 2.3% | 4.6% | 3.2% | 5.0% | 3.6% | 1.7% | 1.4% | -0.4% | 4.7% | 7.7% | 4.4% | 8.2% | ||
| 7.47 | 3.48 | 5.38 | 4.04 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €74,368 | €74,368 | €74,368 | €74,368 |
| €177,244 | €177,244 | €177,244 | €177,244 | |
| Carrying value of the mortgaged assets | €242,966 | €296,807 | €350,648 | €375,376 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €2,984 | €91,230 | €13,173 |
| Financial fixed assets | - | - | - | €13,750 |
| €68,624 | €67,971 | €58,198 | €51,617 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,857, smaller than the loss of €32,469 in 2024.
Debt's share of the balance-sheet total falls from 82.3% to 79.6%. Equity and debt are lower.
Source: list of holdings in its own 30-09-2025 accounts. Every holding stands with its own latest accounts.
| Streamside
registered office since 10-03-2020 · founded in 2020 · negative equity (2025) |
total assets €595,342 (2025) 0744.940.105 |
| De Cuyper, Charlotte (sole trader)
establishment since 06-09-2024 |
founded in 2024 1013.238.937 |
| Van Goethem, Inge (sole trader)
establishment since 01-10-1992 |
founded in 1992 0812.454.677 |
| Name | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Streamside | 17% | 34.65% | 20.04% | |||
Source: list of holdings in its own accounts
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| SB-Software registered office Verdussenstraat 29, 2018 Antwerp 46500 Wholesale of information and communication equipment | 15-04-1999 | 2.090.750.173 |
| 25-07-2018 | Not legally valid | Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen submitted 25-06-2018 · Notification · project 2018067629 | Antwerpen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11810K1538/00K004 | 232 m² | 1 · 95 m² | 21.5 m · 6 |
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