SOFTSIGN
ActiveSummary
SOFTSIGN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €164,317 and a net result of -€12,677. Equity is shrinking by ~4.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability10=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 23.17 against 47.64 in 2023; short-term debt: 4.3% and cash: 1.1% of total assets), and 4.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
95.7%
Return on assets
-7.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
6 d early
2023
21 d early
2022
31 d early
2021
28 d late
2020
12 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#3 oldest company in Kruisem, Telecoms and IT sector#8 company by equity in Kruisem, Telecoms and IT sector
Equity
€164,317▼ 7.2%
2023 · €176,995
Total assets
€171,718▼ 5.0%
2023 · €180,765
Net result
-€12,677▼ 0.9%
2023 · -€12,561
Working capital
€164,053▼ 6.7%
2023 · €175,864
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€59-€14,784-€12,590▲ 14.8%-€15,202▼ 20.8%-€15,150▲ 0.3%
Net result€3,415within the sector's middle half-€11,372below the sector's middle half-€9,231below the sector's middle half▲ 18.8%-€12,561below the sector's middle half▼ 36.1%-€12,677below the sector's middle half▼ 0.9%
Equity€210,159within the sector's middle half▲ 1.7%€198,787within the sector's middle half▼ 5.4%€189,556within the sector's middle half▼ 4.6%€176,995within the sector's middle half▼ 6.6%€164,317within the sector's middle half▼ 7.2%
Total assets€251,042within the sector's middle half▲ 0.2%€250,453within the sector's middle half▼ 0.2%€201,816below the sector's middle half▼ 19.4%€180,765below the sector's middle half▼ 10.4%€171,718below the sector's middle half▼ 5.0%
Debt€40,883▼ 6.6%€51,666▲ 26.4%€12,260▼ 76.3%€3,771▼ 69.2%€7,401▲ 96.3%
Working capital€207,303within the sector's middle half▲ 0.3%€194,995within the sector's middle half▼ 5.9%€187,151within the sector's middle half▼ 4.0%€175,864within the sector's middle half▼ 6.0%€164,053within the sector's middle half▼ 6.7%
Solvency83.7%above the sector's middle half▲ 1.2pp79.4%above the sector's middle half▼ 4.3pp93.9%above the sector's middle half▲ 14.6pp97.9%above the sector's middle half▲ 4.0pp95.7%above the sector's middle half▼ 2.2pp
Current ratio6.07above the sector's middle half▲ 0.354.77above the sector's middle half▼ 1.3016.27above the sector's middle half▲ 11.4947.64above the sector's middle half▲ 31.3823.17above the sector's middle half▼ 24.48
Return on assets (ROA)1.4%within the sector's middle half▲ 2.2pp-4.5%below the sector's middle half▼ 5.9pp-4.6%below the sector's middle half=-6.9%below the sector's middle half▼ 2.4pp-7.4%below the sector's middle half▼ 0.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15,150 in 2024 against €15,202 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171,718
Fixed assets
€264 ▼ 76.7%
Current assets
€171,454 ▼ 4.6%
Equity and liabilities €171,718
Equity
€164,317 ▼ 7.2%
Debt
€7,401 ▲ 96.3%
Debt's share of the balance-sheet total rises from 2.1% to 4.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€14,283▼
2023 · -€13,928
Cash flow
-€11,811▼
2023 · -€11,287
Debt to equity
0.05▲
2023 · 0.02
ROE
-7.7%▼
2023 · -7.1%
Interest coverage
-117.36▼
2023 · -102.74
Debt ≤ 1 year
€7,401▲
2023 · €3,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 12,321 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €584 | €751 | €1,387 | €1,275 | €867 | ▼ 32.0% |
| Other operating charges640/8 | - | €468 | €469 | €132 | €918 | ▲ 597% |
| Non-recurring operating charges66A | - | €2,044 | €0 | - | - | - |
| Gross operating margin9900 | €1,109 | -€11,522 | -€10,734 | -€13,796 | -€13,365 | ▲ 3.1% |
| Operating profit (loss)9901 | €59 | -€14,784 | -€12,590 | -€15,202 | -€15,150 | ▲ 0.3% |
| Financial income75/76B | - | €3,524 | €3,475 | €2,777 | €2,594 | ▼ 6.6% |
| Recurring financial income75 | €3,482 | €3,524 | €3,475 | €2,777 | €2,594 | ▼ 6.6% |
| Financial charges65/66B | - | €112 | €117 | €136 | €122 | ▼ 10.2% |
| Recurring financial charges65 | €118 | €112 | €117 | €136 | €122 | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | €3,423 | -€11,372 | -€9,231 | -€12,561 | -€12,677 | ▼ 0.9% |
| Income taxes67/77 | €7 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €3,415 | -€11,372 | -€9,231 | -€12,561 | -€12,677 | ▼ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €3,415 | -€11,372 | -€9,231 | -€12,561 | -€12,677 | ▼ 0.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €251,042 | €250,453 | €201,816 | €180,765 | €171,718 | ▼ 5.0% |
| Fixed assets21/28 | €2,856 | €3,792 | €2,406 | €1,131 | €264 | ▼ 76.7% |
| Tangible fixed assets22/27 | €2,856 | €3,792 | €2,406 | €1,131 | €264 | ▼ 76.7% |
| Furniture and vehicles24 | - | €3,792 | €2,406 | €1,131 | €264 | ▼ 76.7% |
| Current assets29/58 | €248,186 | €246,661 | €199,411 | €179,634 | €171,454 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €242,108 | €245,722 | €199,411 | €179,454 | €169,551 | ▼ 5.5% |
| Trade receivables40 | - | €7,999 | €5,700 | €102 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €237,723 | €193,710 | €179,353 | €169,551 | ▼ 5.5% |
| Cash at bank and in hand54/58 | €6,036 | €939 | €0 | €180 | €1,903 | ▲ 956% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €251,042 | €250,453 | €201,816 | €180,765 | €171,718 | ▼ 5.0% |
| Equity10/15 | €210,159 | €198,787 | €189,556 | €176,995 | €164,317 | ▼ 7.2% |
| Contributions10/11 | - | €9,296 | €9,296 | €9,296 | €9,296 | = |
| Reserves13 | €199,859 | €187,859 | €179,359 | €166,859 | €154,359 | ▼ 7.5% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €186,000 | €177,500 | €165,000 | €152,500 | ▼ 7.6% |
| Profit (loss) carried forward14 | €1,004 | €1,632 | €901 | €840 | €662 | ▼ 21.1% |
| Amounts payable17/49 | €40,883 | €51,666 | €12,260 | €3,771 | €7,401 | ▲ 96.3% |
| Amounts payable within one year42/48 | €40,883 | €51,666 | €12,260 | €3,771 | €7,401 | ▲ 96.3% |
| Financial debts43 | - | - | €17 | €0 | - | - |
| Credit institutions430/8 | - | - | €17 | €0 | - | - |
| Trade debts44 | €34,656 | €46,614 | €8,699 | €1,111 | €4,526 | ▲ 307% |
| Suppliers440/4 | - | €46,614 | €8,699 | €1,111 | €4,526 | ▲ 307% |
| Advances received on contracts in progress46 | - | €1,258 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €16 | €0 | - | - | - |
| Taxes450/3 | - | €16 | €0 | - | - | - |
| Other amounts payable47/48 | - | €3,777 | €3,544 | €2,660 | €2,875 | ▲ 8.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,415 | -€11,372 | -€9,231 | -€12,561 | -€12,677 | ▼ 0.9% |
| + Depreciation and write-downs630 | €584 | €751 | €1,387 | €1,275 | €867 | ▼ 32.0% |
| Operating cash flow (approximation) | €3,999 | -€10,621 | -€7,845 | -€11,287 | -€11,811 | ▼ 4.6% |
| Investment in fixed assets (approximation) | - | -€1,687 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,097 | -€939 | €180 | €1,723 | ▲ 856% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€12,677
Net result drops to -€12,677, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 47.64
Current ratio from 16.27 to 47.64; short-term debt falls from €12,260 to €3,771.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 16.27
Current ratio from 4.77 to 16.27; short-term debt falls from €51,666 to €12,260.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Back to profitnet €3,415
Net result €3,415 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Kruisem · 1 establishment unit since 1999
Ground area
463 m²
Building footprint
90 m²
Parcel 45057A0132/00B002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SOFTSIGN
since 19992.091.175.191
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45057A0132/00B002 | Flanders | 463 m² | 1 · 90 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- EPECTO
- SOFTSIGN
Highest known parent: EPECTO. The sources do not say who stands above it.
Owners 1
- EPECTOparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 6,803 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 (pre-2019)
Founded12-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465856158
Registered
30-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.