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SOFTPRO

Active
Private limited companyfounded 1998active for 28 yearsNeerstraat 401, 9250 Waasmunster, BelgiumKBO/BCE: BE 0463.045.336

From the official registers: KBO 28 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SOFTPRO has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €581,942 and a net result of €118,530. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 40% of 538 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2026, micro format

Latest annual accounts filed

Annual accounts 2026

View at the NBB
Financial year ended
31-03-2026
Filed on
28-09-2026
Format
micro format
Reference
2026-00539061
Turnover
≈ €330,000
Estimated: probably between €290,000 and €480,000
Total assets
€1.1m▲ 8.1%
2025 · €1.0m
Net result
€118,530▲ 57.4%
2025 · €75,286
Working capital
€209,576▲ 36.8%
2025 · €153,187
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is 55% higher than in 2025 and the highest since 2022. It is the fourth rise in a row.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€0.2m 2026 Net result€0.1m 2026

Use the arrow keys on the chart for the figures per year.

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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€0.06m-€0.06m▼ 5.7%€0.07m▲ 18.9%€0.02m▼ 69.2%€0.1m▲ 418%€0.1m▲ 7.3%€0.1m▲ 1.4%€0.2m▲ 54.8%
Net result€0.04m-€0.04m▼ 4.2%€0.04mwithin the sector's middle half▲ 24.1%€0.008mwithin the sector's middle half▼ 82.0%€0.07mabove the sector's middle half▲ 741%€0.07mabove the sector's middle half▲ 9.9%€0.08mabove the sector's middle half▲ 1.8%€0.1m▲ 57.4%
Equity€0.5m-€0.5m▲ 7.1%€0.6mabove the sector's middle half▲ 8.2%€0.2mabove the sector's middle half▼ 58.1%€0.3mabove the sector's middle half▲ 27.3%€0.4mabove the sector's middle half▲ 23.5%€0.5mabove the sector's middle half▲ 19.4%€0.6m▲ 25.6%
Total assets€0.8m-€0.8m▲ 1.3%€0.8mabove the sector's middle half▲ 1.9%€0.8mabove the sector's middle half▲ 6.4%€0.9mabove the sector's middle half▲ 3.8%€0.9mabove the sector's middle half▲ 3.9%€1.0mabove the sector's middle half▲ 13.4%€1.1m▲ 8.1%
Debt€0.3m-€0.2m▼ 10.1%€0.2m▼ 12.8%€0.6m▲ 194%€0.6m▼ 5.9%€0.5m▼ 7.2%€0.6m▲ 9.0%€0.5m▼ 6.2%
Working capital€0.3m-€0.4m▲ 9.0%€0.4mabove the sector's middle half▲ 6.6%€0.03mwithin the sector's middle half▼ 91.9%€0.08mwithin the sector's middle half▲ 176%€0.2mabove the sector's middle half▲ 81.6%€0.2mabove the sector's middle half▲ 1.4%€0.2m▲ 36.8%
Solvency66.3%-70.1%▲ 3.8pp74.4%within the sector's middle half▲ 4.3pp29.3%below the sector's middle half▼ 45.1pp35.9%within the sector's middle half▲ 6.6pp42.7%within the sector's middle half▲ 6.8pp45.0%within the sector's middle half▲ 2.2pp52.3%▲ 7.3pp
Current ratio11.30-12.71▲ 1.4110.02above the sector's middle half▼ 2.691.45within the sector's middle half▼ 8.572.46within the sector's middle half▲ 1.024.71within the sector's middle half▲ 2.253.48within the sector's middle half▼ 1.234.23▲ 0.75
Return on assets (ROA)4.9%-4.6%▼ 0.3pp5.6%within the sector's middle half▲ 1.0pp1.0%below the sector's middle half▼ 4.7pp7.7%within the sector's middle half▲ 6.8pp8.1%within the sector's middle half▲ 0.4pp7.3%within the sector's middle half▼ 0.8pp10.6%▲ 3.3pp
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.1m
Fixed assets €838,863 ▲ 2.9%
Current assets €274,508 ▲ 27.7%
Equity and liabilities €1.1m
Equity €581,942 ▲ 25.6%
Debt €531,428 ▼ 6.2%
Debt's share of the balance-sheet total falls from 55.0% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€223,623▲
2025 · €137,249
Cash flow
€165,602▲
2025 · €98,476
Debt to equity
0.91▼
2025 · 1.22
ROE
20.4%▲
2025 · 16.2%
Interest coverage
30.05▲
2025 · 17.43
Debt ≤ 1 year
€64,932▲
2025 · €61,731
Debt > 1 year
€465,446▼
2025 · €503,828
Income taxes
€51,878▲
2025 · €31,115
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 20,136 companies had the same profile as SOFTPRO has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% was still going

That fits the bankruptcy probability of SOFTPRO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,136 companies, not a prediction for SOFTPRO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 46 lines

Source: Annual accounts 2026 at the NBB, filed on 28-09-2026.

Balance sheet Code20252026
Assets
Total assets20/58€1.0m€1.1m▲
Fixed assets21/28€0.8m€0.8m▲
Tangible fixed assets22/27€0.8m€0.8m▲
Land and buildings22€0.7m€0.8m▲
Plant, machinery and equipment23-€0.002m
Furniture and vehicles24€0.008m€0.01m▲
Leasing and similar rights25€0.06m€0.05m▼
Current assets29/58€0.2m€0.3m▲
Amounts receivable within one year40/41€0.04m€0.04m▼
Trade receivables40€0.04m€0.03m▼
Other amounts receivable41€0.004m€0.01m▲
Current investments50/53€0.003m€0.001m▼
Cash at bank and in hand54/58€0.2m€0.2m▲
Deferred charges and accrued income490/1€0.02m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m▲
Equity10/15€0.5m€0.6m▲
Reserves13€0.5m€0.6m▲
Distributable reserves133€0.5m€0.6m▲
Amounts payable17/49€0.6m€0.5m▼
Amounts payable after more than one year17€0.5m€0.5m▼
Financial debts170/4€0.5m€0.5m▼
Amounts payable within one year42/48€0.06m€0.06m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▲
Trade debts44€12€0.002m▲
Suppliers440/4€12€0.002m▲
Taxes, remuneration and social security45€0.02m€0.02m▲
Taxes450/3€0.02m€0.02m▲
Remuneration and social security454/9€0.004m€198▼
Other amounts payable47/48€160€160=
Accrued charges and deferred income492/3€0.001m€0.001m▲
Income statement Code20252026
Non-recurring operating income76A€0.003m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.05m▲
Other operating charges640/8€0.004m€0.005m▲
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€216€0.001m▲
Recurring financial income75€216€0.001m▲
Financial charges65/66B€0.008m€0.007m▼
Recurring financial charges65€0.008m€0.007m▼
Profit (loss) for the period before taxes9903€0.1m€0.2m▲
Income taxes67/77€0.03m€0.05m▲
Profit (loss) for the period9904€0.08m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.08m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.08m€0.1m▲
Transfer to equity691/2€0.08m€0.1m▲
To other reserves6921€0.08m€0.1m▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20192020202120222023202420252026Change
Non-recurring operating income76A---€33,145--€2,715--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,558€19,941€19,941€86,970€20,466€20,783€23,190€47,071▲ 103%
Other operating charges640/8---€2,309€4,977€3,088€3,884€5,275▲ 35.8%
Gross operating margin9900€85,587€79,244€89,706€109,511€130,323€136,381€141,133€228,899▲ 62.2%
Operating profit (loss)9901€58,652€55,304€65,747€20,232€104,879€112,510€114,060€176,552▲ 54.8%
Financial income75/76B---€77€0€11€216€1,297▲ 501%
Recurring financial income75€192€271€114€77€0€11€216€1,297▲ 501%
Financial charges65/66B---€6,884€9,285€8,221€7,874€7,441▼ 5.5%
Recurring financial charges65€4,401€3,250€2,542€6,884€9,285€8,221€7,874€7,441▼ 5.5%
Profit (loss) for the period before taxes9903€54,443€52,325€63,320€13,425€95,594€104,300€106,401€170,409▲ 60.2%
Income taxes67/77€16,963€16,420€18,772€5,424€28,279€30,338€31,115€51,878▲ 66.7%
Profit (loss) for the period9904€37,480€35,905€44,547€8,002€67,315€73,962€75,286€118,530▲ 57.4%
Profit (loss) for the period to be appropriated9905€37,480€35,905€44,547€8,002€67,315€73,962€75,286€118,530▲ 57.4%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€0.8m€0.8m€0.8m€0.8m€0.9m€0.9m€1.0m€1.1m▲ 8.1%
Fixed assets21/28€0.4m€0.4m€0.4m€0.7m€0.7m€0.7m€0.8m€0.8m▲ 2.9%
Tangible fixed assets22/27€0.4m€0.4m€0.4m€0.7m€0.7m€0.7m€0.8m€0.8m▲ 2.9%
Land and buildings22---€0.7m€0.7m€0.7m€0.7m€0.8m▲ 4.5%
Plant, machinery and equipment23-------€0.002m-
Furniture and vehicles24------€0.008m€0.01m▲ 23.6%
Leasing and similar rights25------€0.06m€0.05m▼ 20.5%
Current assets29/58€0.4m€0.4m€0.4m€0.1m€0.1m€0.2m€0.2m€0.3m▲ 27.7%
Amounts receivable within one year40/41€0.06m€0.05m€0.05m€0.05m€0.1m€0.04m€0.04m€0.04m▼ 1.9%
Trade receivables40---€0.04m€0.03m€0.03m€0.04m€0.03m▼ 30.1%
Other amounts receivable41---€0.01m€0.07m€0.007m€0.004m€0.01m▲ 267%
Current investments50/53€0.2m€0.2m€0.2m€0.001m€0.004m€0.01m€0.003m€0.001m▼ 78.9%
Cash at bank and in hand54/58€0.1m€0.1m€0.1m€0.04m€0.02m€0.1m€0.2m€0.2m▲ 41.8%
Deferred charges and accrued income490/1---€0.01m€0.01m€0.01m€0.02m€0.02m▼ 7.0%
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m€0.8m€0.8m€0.9m€0.9m€1.0m€1.1m▲ 8.1%
Equity10/15€0.5m€0.5m€0.6m€0.2m€0.3m€0.4m€0.5m€0.6m▲ 25.6%
Contributions10/11€0.3m€0.3m-------
Reserves13€0.2m€0.2m€0.3m€0.2m€0.3m€0.4m€0.5m€0.6m▲ 25.6%
Distributable reserves133---€0.2m€0.3m€0.4m€0.5m€0.6m▲ 25.6%
Amounts payable17/49€0.3m€0.2m€0.2m€0.6m€0.6m€0.5m€0.6m€0.5m▼ 6.2%
Amounts payable after more than one year17€0.2m€0.2m€0.2m€0.5m€0.5m€0.5m€0.5m€0.5m▼ 7.6%
Financial debts170/4---€0.5m€0.5m€0.5m€0.5m€0.5m▼ 7.6%
Amounts payable within one year42/48€0.03m€0.03m€0.04m€0.07m€0.06m€0.04m€0.06m€0.06m▲ 5.2%
Current portion of amounts payable after more than one year42---€0.06m€0.03m€0.02m€0.04m€0.04m▲ 1.0%
Trade debts44€0.003m€0.002m€0.003m€113€153€442€12€0.002m▲ 133×
Suppliers440/4---€113€153€442€12€0.002m▲ 133×
Taxes, remuneration and social security45---€0.003m€0.02m€0.02m€0.02m€0.02m▲ 5.2%
Taxes450/3---€0.003m€0.02m€0.01m€0.02m€0.02m▲ 28.8%
Remuneration and social security454/9---€192€256€320€0.004m€198▼ 95.6%
Other amounts payable47/48---€0.004m€160€160€160€160=
Accrued charges and deferred income492/3-----€0.001m€0.001m€0.001m▲ 6.6%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€37,480€35,905€44,547€8,002€67,315€73,962€75,286€118,530▲ 57.4%
+ Depreciation and write-downs630€21,558€19,941€19,941€86,970€20,466€20,783€23,190€47,071▲ 103%
Operating cash flow (approximation)€59,038€55,846€64,489€94,971€87,782€94,746€98,476€165,602▲ 68.2%
Investment in fixed assets (approximation)--€2,165€0-€455,714-€10,188-€2,888-€121,963-€70,896▲ 41.9%
Change in cash-€11,584-€13,994-€92,141-€14,307€102,746€29,692€64,012▲ 116%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 28-09-2026 2026-00539061 NBB
31-03-2025 micro format 23-10-2025 2025-00548170 PDF
31-03-2024 micro format 24-10-2024 2024-00514612 PDF
31-03-2023 micro format 28-09-2023 2023-00457748 PDF
31-03-2022 micro format 31-10-2022 2022-20483945 PDF
31-03-2021 micro format 30-09-2021 2021-69700280 PDF
31-03-2020 micro format 18-09-2020 2020-54000006 PDF
31-03-2019 micro format 24-10-2019 2019-71700028 PDF
31-03-2018 micro format 16-10-2018 2018-69400193 PDF
31-03-2017 micro format 31-10-2017 2017-68600592 PDF

Show all 28 filings

Comparable companies

These companies have the same main activity as SOFTPRO: computer programming (NACE 62100). They are comparable in size and age: total assets between €1m and €1.3m, founded between 1996 and 2002.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
SOFTPRO Waasmunster1998€1.1m€0.6m€0.2m-€0.1m-2026
Ter Muden Gent2000€1.2m€0.9m€0.2m-€0.3m-2025
Trecodis Jodoigne2001€1.2m€0.3m€0.2m€0-€0.006m-2024
GALAXIT Antwerpen1996€1.1m€0.5m€0.2m-€0.03m-2025
DOT-IT Pelt2000€1.3m€1.0m€0.2m--€0.07m92025
INPRINTA Turnhout2002€1.2m€0.9m€0.2m€4.5m€0.1m0.82025
CRUISER CONSULT Bredene2001€1.0m€0.7m€0.2m-€0.1m-2025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.