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SOFTCONSULT

Active
Private limited companyfounded 199135 yrs activeVan Bavellaan 35, 2960 Brecht, BelgiumKBO/BCE: BE 0445.049.955
Summary

SOFTCONSULT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,456 and a net result of -€6,778. Equity is shrinking by ~15% per year across the filed fiscal years. Its solvency ranks better than 46% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-2
Solvency84▲+8
Growth28=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 1.0 in 2023; short-term debt: 41.2% and cash: 19.8% of total assets), and 41.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
58.8%
Return on assets
-17.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,778
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
127 d late
2023
28 d late
2022
27 d early
2021
32 d early
2020
29 d early
2019
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SOFTCONSULT was incorporated on 16 September 1991.1 Revenue went from EUR 78,897 in 2020 to EUR 72,544 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022

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Financials · fiscal year 2024, micro schema

Turnover
€72,544▼ 6.2%
2021 · €77,364
EBIT margin
12.8%▲ 33.4pp
2021 · -20.5%
Net result
-€6,778▲ 11.7%
2023 · -€7,678
Working capital
-€4,483▼ 28,918%
2023 · -€15
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€78,897€77,364▼ 1.9%€72,544▼ 6.2%
Operating result€122▼ 99.0%-€15,873€9,312-€7,328-€6,412▲ 12.5%
Net result-€1,842-€20,349▼ 1,005%€5,570-€7,678-€6,778▲ 11.7%
EBIT margin0.2%-20.5%▼ 20.7pp12.8%▲ 33.4pp
Equity€51,691▼ 3.4%€31,342▼ 39.4%€36,911▲ 17.8%€29,233▼ 20.8%€22,456▼ 23.2%
Total assets€95,705▼ 21.0%€56,925▼ 40.5%€84,109▲ 47.8%€57,123▼ 32.1%€38,159▼ 33.2%
Debt€44,015▼ 34.9%€25,583▼ 41.9%€47,197▲ 84.5%€27,890▼ 40.9%€15,704▼ 43.7%
Working capital€22,702▲ 3.7%€12,846▼ 43.4%-€4,952-€15▲ 99.7%-€4,483▼ 28,918%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2020: €122€122Net result 2020: -€1,842-€1,842Operating result 2021: -€15,873-€15,873Net result 2021: -€20,349-€20,349Operating result 2022: €9,312€9,312Net result 2022: €5,570€5,570Operating result 2023: -€7,328-€7,328Net result 2023: -€7,678-€7,678Operating result 2024: -€6,412-€6,412Net result 2024: -€6,778-€6,77820202021202220232024-€10,000-€5,000€0€5,000€10,000Operating result 2022: €9,312€9,310Net result 2022: €5,570€5,570Operating result 2023: -€7,328-€7,330Net result 2023: -€7,678-€7,680Operating result 2024: -€6,412-€6,410Net result 2024: -€6,778-€6,780202220232024
The operating result stays negative: a loss of €6,412 in 2024 against €7,328 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38,159
Fixed assets €26,939 ▼ 35.6%
Current assets €11,220 ▼ 26.5%
Equity and liabilities €38,159
Equity €22,456 ▼ 23.2%
Debt €15,704 ▼ 43.7%
Debt's share of the balance-sheet total falls from 48.8% to 41.2%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€8,499▼
2023 · €16,984
Cash flow
€8,133▼
2023 · €16,634
Current ratio
0.71▼
2023 · 1.00
Quick ratio
0.69▼
2023 · 0.98
Debt to equity
0.70▼
2023 · 0.95
ROE
-30.2%▼
2023 · -26.3%
ROA
-17.8%▼
2023 · -13.4%
Interest coverage
43.37▼
2023 · 48.51
Debt ≤ 1 year
€15,704▲
2023 · €15,289
Income taxes
€174
Staff costs
€844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
14% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,827 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€57,123€38,159▼
Fixed assets21/28€41,850€26,939▼
Tangible fixed assets22/27€41,850€26,939▼
Plant, machinery and equipment23€5,476€3,069▼
Furniture and vehicles24€473€328▼
Leasing and similar rights25€35,901€23,542▼
Current assets29/58€15,274€11,220▼
Stocks and contracts in progress3€343€343=
Stocks30/36€343€343=
Amounts receivable within one year40/41€485€2,710▲
Trade receivables40-€2,710
Other amounts receivable41€485-
Cash at bank and in hand54/58€13,787€7,540▼
Deferred charges and accrued income490/1€659€627▼
Equity and liabilities
Total equity and liabilities10/49€57,123€38,159▼
Equity10/15€29,233€22,456▼
Contributions10/11€13,634€13,634=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859-
Reserves not available under the articles1311€1,859-
Distributable reserves133-€1,859
Profit (loss) carried forward14€13,740€6,962▼
Amounts payable17/49€27,890€15,704▼
Amounts payable after more than one year17€12,601-
Financial debts170/4€12,601-
Amounts payable within one year42/48€15,289€15,704▲
Current portion of amounts payable after more than one year42€11,697€12,601▲
Trade debts44€493€24▼
Suppliers440/4€493€24▼
Taxes, remuneration and social security45-€1,072
Taxes450/3-€1,072
Other amounts payable47/48€3,099€2,006▼
Income statement Code20232024
Remuneration, social security and pensions62-€844
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,312€14,911▼
Other operating charges640/8€811€753▼
Gross operating margin9900€17,795€10,097▼
Operating profit (loss)9901-€7,328-€6,412▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B€350€196▼
Recurring financial charges65€350€196▼
Profit (loss) for the period before taxes9903-€7,678-€6,603▲
Income taxes67/77-€174
Profit (loss) for the period9904-€7,678-€6,778▲
Profit (loss) for the period to be appropriated9905-€7,678-€6,778▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,740€6,962▼
Profit (loss) brought forward from the previous period14P€21,418€13,740▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€78,897€77,364€72,544---
Non-recurring operating income76A--€16,000---
Goods, raw materials, services and sundry goods60/61-€71,322€56,085---
Remuneration, social security and pensions62-€731€1,172-€844-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,095€20,407€21,185€24,312€14,911▼ 38.7%
Other operating charges640/8-€777€790€811€753▼ 7.1%
Gross operating margin9900€24,134€6,042€32,459€17,795€10,097▼ 43.3%
Operating profit (loss)9901€122-€15,873€9,312-€7,328-€6,412▲ 12.5%
Financial income75/76B-€17€13-€4-
Recurring financial income75€29€17€13-€4-
Financial charges65/66B-€469€460€350€196▼ 44.0%
Recurring financial charges65€688€469€460€350€196▼ 44.0%
Profit (loss) for the period before taxes9903-€538-€16,325€8,866-€7,678-€6,603▲ 14.0%
Income taxes67/77€1,305€4,024€3,296-€174-
Profit (loss) for the period9904-€1,842-€20,349€5,570-€7,678-€6,778▲ 11.7%
Profit (loss) for the period to be appropriated9905-€1,842-€20,349€5,570-€7,678-€6,778▲ 11.7%
Line20202021202220232024Change
Assets
Total assets20/58€95,705€56,925€84,109€57,123€38,159▼ 33.2%
Fixed assets21/28€50,612€30,205€66,162€41,850€26,939▼ 35.6%
Tangible fixed assets22/27€50,612€30,205€66,162€41,850€26,939▼ 35.6%
Plant, machinery and equipment23-€6,075€7,884€5,476€3,069▼ 44.0%
Furniture and vehicles24--€618€473€328▼ 30.7%
Leasing and similar rights25-€24,130€57,660€35,901€23,542▼ 34.4%
Current assets29/58€45,093€26,719€17,947€15,274€11,220▼ 26.5%
Stocks and contracts in progress3€3,239€1,304€918€343€343=
Stocks30/36-€1,304€918€343€343=
Amounts receivable within one year40/41€39,818€20,279€6,843€485€2,710▲ 459%
Trade receivables40-€7,369€6,843-€2,710-
Other amounts receivable41-€12,910-€485--
Cash at bank and in hand54/58€2,036€5,112€9,558€13,787€7,540▼ 45.3%
Deferred charges and accrued income490/1-€25€629€659€627▼ 4.8%
Equity and liabilities
Total equity and liabilities10/49€95,705€56,925€84,109€57,123€38,159▼ 33.2%
Equity10/15€51,691€31,342€36,911€29,233€22,456▼ 23.2%
Contributions10/11-€13,634€13,634€13,634€13,634=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859--
Reserves not available under the articles1311-€1,859€1,859€1,859--
Distributable reserves133----€1,859-
Profit (loss) carried forward14€36,198€15,848€21,418€13,740€6,962▼ 49.3%
Amounts payable17/49€44,015€25,583€47,197€27,890€15,704▼ 43.7%
Amounts payable after more than one year17€21,624€11,710€24,298€12,601--
Financial debts170/4-€11,710€24,298€12,601--
Amounts payable within one year42/48€22,391€13,873€22,899€15,289€15,704▲ 2.7%
Current portion of amounts payable after more than one year42-€9,913€19,984€11,697€12,601▲ 7.7%
Trade debts44€111€497€213€493€24▼ 95.1%
Suppliers440/4-€497€213€493€24▼ 95.1%
Taxes, remuneration and social security45-€3,463€2,702-€1,072-
Taxes450/3-€3,463€2,702-€1,072-
Other amounts payable47/48---€3,099€2,006▼ 35.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€1,842-€20,349€5,570-€7,678-€6,778▲ 11.7%
+ Depreciation and write-downs630€21,095€20,407€21,185€24,312€14,911▼ 38.7%
Operating cash flow (approximation)€19,252€58€26,755€16,634€8,133▼ 51.1%
Investment in fixed assets (approximation)-€0-€57,141€0€0-
Change in cash-€3,076€4,446€4,229-€6,247▼ 248%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €5,570
Net result €5,570 after 2 loss-making years.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€20,349
Net result drops to -€20,349, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
02-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
17-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 134 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
3,988 m²
Building footprint
245 m²
Volume, LiDAR
1,409 m³
Parcel 11009M0067/00R004, Flanders · tallest building 16.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Bavellaan 35, 2960 Brecht
NACE 7412401
since 19912.054.558.087
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11009M0067/00R004 Flanders 3,988 m² 1 · 245 m² 16.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 5,967 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445049955
Registered 10-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.