Equity
€7.5m from €22.4m in 2013
Equity fell by 66% in 12 years.
SBS SOFTWARE BELGIUM
Lifetime
18 annual accounts with figures on one time axis, 42 filings since 1984peak €89.7m (2014)
€59.6m▼ 11.7%
lowest -€2.7m (2009)
-€891,823▼ €18.3m
peak €22.4m (2013)
€7.5m▼ 10.6%
€18.1m▼ 46.9%
peak 557.3 FTE (2016)
207.4 FTE▼ 19.9%
Board10 names since 2020
4 directorsEric BIERRY and 3 others
Owners3 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Loss of €891,823Staff from 258.8 FTE to 207.4 FTECompany renamed from SOPRA BANKING SOFTWARE BELGIUM to SBS SO… 03-043 directors appointed, 3 resignations, 1 reappointment 14-03Debts from €34.0m to €18.1mCash from €11,262 to €15,390
Key points
from the 2025 annual accountsResult
-€891,823 -€891,823
From profit to loss in 2025, after a profit of €17.4m in 2024.
Debts
€18.1m 71% of the balance sheet
Financial debts 1%Suppliers 45%Taxes and wages 41%Other 14%
Of this, €15.5m falls due within a year.
Staff
207.4 FTE from 557.3 in 2016
Between 2016 and 2025, 63% of the full-time equivalents disappeared.
At the same address
110 companies
Position in the sector
-€891,823
Lower net result than 94% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.
2025 accounts filed 31 days after the deadline
Checked score
78
Excellent
Financially stronger than 22% of medium-sized companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 206 companies (NACE 62, medium-sized).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.8%▲ +0.5 percentage points vs 12-2024highest value
02-2025: 1.8%● unchanged vs 01-2025highest value
03-2025: 1.8%● unchanged vs 02-2025highest value
04-2025: 1.6%▼ -0.2 percentage points vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 0.5%▼ -1.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.4%▼ -0.1 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026lowest value
05-2026: 0.4%● unchanged vs 04-2026lowest value
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 0.5%▼ -0.3 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.53, cash €15,390
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Loss of €891,823 (financial year 2025)
lowers risk
Founded in 1983
Calculation
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 62, medium-sized). It does better than 45% of them on solvency, 16% on liquidity, 12% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 371 companies had the same profile as SBS SOFTWARE BELGIUM has now. Each dot is one company, two years later.
97.3%
were still trading
2.2%
stopped another way
0.5%
went bankrupt
That fits the bankruptcy probability of SBS SOFTWARE BELGIUM itself: 0.5% within 12 months.
Test of the method
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 371 companies, not a prediction for SBS SOFTWARE BELGIUM. 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.
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (1.24 in 2024), above the usual 1.5. Short-term debt is 60.7% and cash 0.1% of total assets. However, 70.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
14 days early
2023
5 days late
2022
61 days late
2021
4 days early
2020
16 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SG
Sopra GMT
Director, Franck KELOGLANIAN
- 74SOFTWARE consolidatedLEI register
- SOPRA STERIA GROUP consolidatesannual accounts 2022
Shares in 1 company, SOPRA BANKING SOFTWARE NEDERLAND BV
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424307791
Company renamed from SOPRA BANKING SOFTWARE BELGIUM to SBS SOFTWARE BELGIUM
General meeting of 21-03-2025 · Gazette deed
3 directors appointed, 3 resignations, 1 reappointment
Resignations: Eric PASQUIER (managing director), Pierre PASQUIER and Pierre-Yves COMMANAY · Appointments: Patrick DONOVAN (managing director), Philippe BUISSON and Sopra GMT · Permanent representative: Franck KELOGLANIAN · General meeting of 08-01-2025 · Gazette deed
Reappointment: Forvis Mazars Réviseurs d'Entreprises SRL (statutory auditor)
General meeting of 28-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SBS SOFTWARE BELGIUM Brussels | €59.6m | -1.3% | 29.4% | 207.4 |
| ECONOCOM MANAGED SERVICES Ixelles | €45.2m | 1.2% | 44.2% | 206.9 |
| i-City Brussels | €57.5m | 0.0% | 9.5% | 176.6 |
| CEGEKA BUSINESS SOLUTIONS BELGIE Hasselt | €49.6m | 0.3% | 34.7% | 223.2 |
| ZORGI Brussels | €62.4m | 9.0% | 44.7% | 324.4 |
| ORANGE BUSINESS DIGITAL BELGIUM Evere | €34.7m | -2.6% | 25.2% | 284 |
| DXC Technology Belgium Mechelen | €52.8m | -0.6% | 23.9% | 153.6 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SBS SOFTWARE BELGIUM: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €19m and €40m, founded between 1979 and 1994.
Official details
Source: KBO- Status
- Active since 10-07-1983Normal situation
- Registered office
- 111 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.022.880.0651000 Brussels, since 18-07-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Insights on SBS SOFTWARE BELGIUM
SBS SOFTWARE BELGIUM has existed since 1983. Turnover grew from €41.8m in 2006 to €59.6m in 2025, while staff fell from 289 to 207.4 full-time equivalents.
Solvency rose in 2025 from 19.8% to 29.4% because of lower debts.
In March 2025, three directors stepped down. In March 2025, the Official Gazette published the appointment of Patrick DONOVAN as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SBS SOFTWARE BELGIUM
- What is the company number of SBS SOFTWARE BELGIUM?
- The company number of SBS SOFTWARE BELGIUM is 0424.307.791. The VAT number is the same number with BE in front: BE 0424.307.791.
- Where is SBS SOFTWARE BELGIUM based?
- The registered office is at Koning Albert II-laan 4, 1000 Brussels.Company details
- What does SBS SOFTWARE BELGIUM do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of SBS SOFTWARE BELGIUM?
- SBS SOFTWARE BELGIUM is a public limited company (NV).
- When was SBS SOFTWARE BELGIUM founded?
- SBS SOFTWARE BELGIUM was founded on 10-07-1983.
- Is SBS SOFTWARE BELGIUM still active?
- Yes, SBS SOFTWARE BELGIUM is an active enterprise in the KBO register.
- How many employees does SBS SOFTWARE BELGIUM have?
- SBS SOFTWARE BELGIUM had an average of 207.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SBS SOFTWARE BELGIUM fall under?
- In its 2022 annual accounts, SBS SOFTWARE BELGIUM states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SBS SOFTWARE BELGIUM?
- The turnover of SBS SOFTWARE BELGIUM was €59.6m in financial year 2025, according to the filed annual accounts.
- Is SBS SOFTWARE BELGIUM profitable?
- In financial year 2025, SBS SOFTWARE BELGIUM made a loss of €891,823.
- Where can I find the annual accounts of SBS SOFTWARE BELGIUM?
- SBS SOFTWARE BELGIUM filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SBS SOFTWARE BELGIUM due?
- SBS SOFTWARE BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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