Equity
Equity fell by 63% in 6 years.
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Equity fell by 63% in 6 years.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
The micro format states no turnover.
Short-term debts fell from €15,704 to €5,181.
Five of the last ten came late. The 2024 accounts came latest: 127 days after the end of the period.
Lower net result than 85% of companies in computer programming and consultancy. Sector median €28,568 · 21,223 companies.
In July 2024, 12,322 companies had the same profile as SOFTCONSULT has now. Each dot stands for 31 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 12,322 companies, not a prediction for SOFTCONSULT. 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.
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| Company | ||||
|---|---|---|---|---|
| SOFTCONSULT Brecht | €25,237 | €12,811 | 79.5% | - |
| FISC.CO.GEST.BE Tervuren | €29,836 | €14,066 | 51.1% | - |
| HACCON BELGIUM Kontich | €30,407 | €16,442 | -506.8% | - |
| L'INFLUX INFORMATIQUE Ganshoren | €35,456 | €11,066 | 53.8% | - |
| SYSTEM ENGINEERING GROUP Schaerbeek | €34,606 | €10,964 | 51.3% | - |
| DIMERITIUM Brussels | €27,348 | €10,838 | 18.3% | - |
| INTERMATICS Heusden-Zolder | €27,854 | €8,058 | 48.5% | - |
These companies have the same main activity as SOFTCONSULT: computer programming (NACE 62100). They are comparable in size and age: total assets between €27,300 and €35,500, founded between 1988 and 2000.
SOFTCONSULT files the micro format. That format states no turnover. The gross margin rose from €11,517 in 2006 to €12,811 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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