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SOFTWARE & APPLICATION DEVELOPMENT

Active Private limited companyfounded 2016active for 10 yearsPierre Hap Lemaîtrestraat 28, 1040 EtterbeekKBO/BCE: BE 0664.567.289

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €23,962 (2025)
€23,962▲ 300%
lowest -€3,796 (2017)
€14,261▲ 748%
peak €20,944 (2025)
€20,944▲ 213%
€49,784▲ 15.9%
Board1 name since 2016
1 director
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €5,988 to €23,962Result from €1,683 to €14,261Equity from €6,683 to €20,944Debts from €42,965 to €49,784Cash from €11,101 to €53,848

Key points

from the 2025 annual accounts

Equity

€20,944 ▲ 213%

SOFTWARE & APPLICATION DEVELOPMENT has made a profit without a break since 2018.

Debts

€49,784 70% of the balance sheet
Suppliers 20%Taxes and wages 18%Other 62%

Filings

9 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 86 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,052 companies had the same profile as SOFTWARE & APPLICATION DEVELOPMENT has now. Each dot stands for 13 companies, two years later.

95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 5,052 companies, not a prediction for SOFTWARE & APPLICATION DEVELOPMENT. 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

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 25-01-2024
  • 60 sharesdeed of 14-10-2016
  • 40 sharesdeed of 14-10-2016
Board & ownership

Recent changes

Registered office moved within Brussels New registered office: Rue Pierre Hap-Lemaître 28 1040 Bruxelles · Previous registered office: Chaussée de Boondael 210/bte 8 à 1050 Bruxelles · General meeting of 28-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0664567289
Change of role: , from manager to director “L’activité de développement et de commercialisation de sites web, de software et d’applications pour…” (deed in French) · Director discharge: · General meeting of 19-12-2023 · Gazette deed
Registered office moved within Brussels New registered office: Chaussée de Boondael, 210/bte 8 1050 Bruxelles · Previous registered office: AVENUE DES SAISONS 90 A 1050 BRUXELLES · General meeting of 01-01-2018 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
SOFTWARE & APPLICATION DEVELOPMENT Etterbeek €70,728 €23,962 29.6% -
do While True Ixelles €75,095 €24,430 67.3% -
DAPUNCH Brussels €72,784 €25,912 62.7% -
Filip Piens Kruisem €71,814 €24,610 75.1% -
CERTI-TASTE Hoogstraten €71,170 €22,783 60.7% -
FUSUMA Haaltert €72,500 €25,645 91.3% -
FABULOUS ID Tubize €71,293 €22,002 28.7% -

These companies have the same main activity as SOFTWARE & APPLICATION DEVELOPMENT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €71,200 and €75,100, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 12-10-2016Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 6 others
Establishment unit
2.260.915.2931040 Etterbeek, since 12-10-2016
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€23,962▲ 300%
≈ €160,000estimated
€14,261▲ 748%
€20,944▲ 213%
€70,728▲ 42.5%
Filing
Filed on 31-08-2026
Financials

Insights on SOFTWARE & APPLICATION DEVELOPMENT

SOFTWARE & APPLICATION DEVELOPMENT files the abbreviated format. That format states no turnover. The gross margin rose from -€3,284 in 2017 to €23,962 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 31-08-2026, 31 days late
€23,962
▲ 300%
€21,571
▲ 520%
€14,261
▲ 748%
€20,346
▲ 376%
29.6%
▲ 16.2 percentage points
1.41
▲ 0.31

The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €76,000 and €510,000.

Balance sheet

balance sheet total €70,728 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

29.6%

Higher than 38% of 3,545 companies in 2025.

1.41

Higher than 41% of 3,450 companies in 2025.

20.2%

Higher than 79% of 3,487 companies in 2025.

SOFTWARE & APPLICATION DEVELOPMENT Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 70,72849,64747,95334,41534,95140,18039,37643,5194,808
21/28 5982,4074,2156,0239,03710,00013,08416,167-
22/27 5982,4074,2156,0239,037-3,0846,167-
24 5982,4074,2156,0239,037-3,0846,167-
28 -----10,00010,00010,000-
29/58 70,13047,24143,73828,39125,91330,18026,29227,3524,808
40/41 16,28236,14024,03820,78621,08110,80115,88626,8692,963
40 15,06534,59823,61620,00021,07710,80115,88626,8692,632
41 1,2171,5424227864---332
54/58 53,84811,10119,7007,6064,83319,37910,4064831,844
Balance sheet: equity and liabilities
10/49 70,72849,64747,95334,41534,95140,18039,37643,5194,808
10/15 20,9446,6835,00013,3429,3938,8146,8476,6122,404
10/11 5,0005,0005,0006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,600
101 ------12,40012,40012,400
11 -----6,200---
1100/10 -----6,200---
13 ---222222222222210-
130/1 ---222222222---
130 ------222210-
1311 ---222222----
1319 -----222---
14 15,9441,683-6,9202,9712,392425201-3,796
17/49 49,78442,96542,95321,07325,55731,36732,52936,9072,403
42/48 49,78442,96542,95321,07325,55731,36732,52936,9072,403
44 10,1246871,4242612,8531,0193,78119,627680
440/4 10,1246871,4242612,8531,0193,78119,627680
45 8,91813,9045,8003,2832,2464,4725,9534,3361,723
450/3 8,91813,9045,8003,2832,2464,4725,9534,3361,723
47/48 30,74228,37335,72917,52920,45925,87522,79512,944-
Income statement
9900 23,9625,9889,5819,1731,7576,5054,4558,388-3,284
630 1,8081,8081,8083,01453,0843,0833,083-
640/8 582699752508736499496278414
9901 21,5713,4817,0205,6511,0162,9238765,027-3,698
75/76B -----0---
75 -----0---
65/66B 469293314377119135513697
65 469293314377119135513697
9903 21,1023,1886,7065,2758962,7888264,991-3,796
67/77 6,8411,5052,2821,326317822590784-
9904 14,2611,6834,4243,9495801,9672364,207-3,796
9905 14,2611,6834,4243,9495801,9672364,207-3,796
Appropriation of the result
9906 15,9441,68311,3446,9202,9712,392437412-3,796
14P 1,683-6,9202,9712,392----
691/2 ------12210-
6920 ------12210-
694/7 --11,344------
694 --11,344------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485651.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00485651 PDF
31-12-2024 full format 28-08-2025 2025-00438969 PDF
31-12-2023 full format 26-06-2024 2024-00179563 PDF
31-12-2022 full format 25-08-2023 2023-00362733 PDF
31-12-2021 full format 11-05-2022 2022-20026633 PDF
31-12-2020 full format 25-10-2021 2021-73300180 PDF
31-12-2019 full format 28-08-2020 2020-47400594 PDF
31-12-2018 full format 23-08-2019 2019-51100233 PDF
31-12-2017 full format 09-08-2018 2018-45000025 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
23,3805,2898,8298,6651,0216,0073,9598,110-
16,0703,4916,2336,9635855,0513,3197,290-
00009,0420019,250-
42,747-8,59912,0942,773-14,5478,9739,923-1,361-
20,3464,2767857,319356-1,186-6,237-9,5552,404
29.6%13.5%10.4%38.8%26.9%21.9%17.4%15.2%-
1.411.101.021.351.010.960.810.74-
2.386.438.591.582.723.564.755.58-
68.1%25.2%88.5%29.6%6.2%22.3%3.4%63.6%-
20.2%3.4%9.2%11.5%1.7%4.9%0.6%9.7%-
49.8418.0628.1123.008.55----

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€9,042
€1,808€1,808€1,808€3,014€5

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SOFTWARE & APPLICATION DEVELOPMENT

The operating result for 2025 is 6.2 times that of 2024 and the highest since 2017. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 86.5% to 70.4%. Equity and debt are higher.

Board & ownership

Board

1 director, no change since 2024
Director (not named in the articles)
since 25-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 29-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarlier
Mandates as a list
    • Manager, from 12-10-2016 to 29-01-2024
    • Director (not named in the articles), appointed by deed of 29-01-2024, still in office

See the board, name and registered office on a given date →

Control

Founders
,
This company
SOFTWARE & APPLICATION DEVELOPMENT
Equity €20,944
Profit €14,261 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€209 in 2025
Source
2025 annual accounts

Articles of association

deed of 29-01-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
12 March at 20:00

Shareholders

At incorporation deed of 14-10-2016 ↗
  • 60 shares (60%)
  • 40 shares (40%)

Capital transactions

Capital over time
  1. 29-01-2024 Converted to unavailable equity
  2. 14-10-2016 Incorporation · €18,600 · 100 shares

Network & group

No group

SOFTWARE & APPLICATION DEVELOPMENT has no parent and no holdings in its annual accounts. is the only director. SOFTWARE & APPLICATION DEVELOPMENT shares no director with another company.

At the same address

Pierre Hap-Lemaîtrestraat 28, 1040 Etterbeek · 2 other companies
Vanden Broeck-Parant, Isabelle (sole trader)
establishment since 01-07-2026
founded in 2026
1038.712.523
ASSOCIATION DES COPROPRIETAIRES PIERRE HAP LEMAITRE 28 à 1040 Etterbeek
registered office since 30-06-2025
founded in 2025
1025.533.092

Timeline

Timeline

18 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 31 days late
Registered office moved within BrusselsNew registered office: Rue Pierre Hap-Lemaître 28 1040 Bruxelles · Previous registered office: Chaussée de Boondael 210/bte 8 à 1050 Bruxelles · General meeting of 28-02-20263 points ▸
  • General meeting, 28-02-2026
  • Registered-office move, Rue Pierre Hap-Lemaître 28 1040 Bruxelles
  • Power of attorney,

Open the deed in the Belgian Official Gazette

2025
Highest result from 2017 to 2025 net €14,261 ▲748% The operating result of €21,571 and the net result of €14,261 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0664567289
Annual accounts 2024 filed PDFfull format · 28 days late
2024
Annual accounts 2023 filed PDFfull format · 35 days before the deadline
Change of role: , from manager to director“L’activité de développement et de commercialisation de sites web, de software et d’applications pour…” (deed in French) · Director discharge: · General meeting of 19-12-20239 points ▸
  • 100 shares
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, Chaussée de Boondael 210 boîte 8
  • Power of attorney,
  • Power of attorney, (proxy holder)
  • General meeting, 19-12-2023
  • Purpose change, “L’activité de développement et de commercialisation de sites web, de software et d’applications pour téléphones mobiles; L’activité de consulting dans les…” (deed in French)
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFfull format · 25 days late
2022
Annual accounts 2021 filed PDFfull format · 81 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 86 days late
2020
Annual accounts 2019 filed PDFfull format · 28 days late
2019
Annual accounts 2018 filed PDFfull format · 23 days late
2018
Back to profit net €4,207 The net result is €4,207, after one loss-making year.
Annual accounts 2017 filed PDFfull format · 9 days late
Registered office moved within BrusselsNew registered office: Chaussée de Boondael, 210/bte 8 1050 Bruxelles · Previous registered office: AVENUE DES SAISONS 90 A 1050 BRUXELLES · General meeting of 01-01-20182 points ▸
  • General meeting, 01-01-2018
  • Registered-office move, Chaussée de Boondael, 210/bte 8 1050 Bruxelles

Open the deed in the Belgian Official Gazette

2017
Registered office moved within BrusselsNew registered office: Avenue des Saisons 90 1050 Bruxelles · Previous registered office: CHAUSSEE DE WAVRE 74 A 1050 BRUXELLES · General meeting of 01-09-20172 points ▸
  • General meeting, 01-09-2017
  • Registered-office move, Avenue des Saisons 90 1050 Bruxelles
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2016
IncorporationFounding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 14-10-20164 points ▸
  • Founder, (comparant)
  • Founder, (comparante)
  • Founding capital, €18,600, 100 shares
  • Director appointment, (manager)
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment SAD SPRL, Pierre Hap Lemaîtrestraat 28, Etterbeek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SOFTWARE & APPLICATION DEVELOPMENT was incorporated on 12 October 2016 by two natural persons, with a starting capital of €18,600.12 The registered office was moved to Brussels in 2017.3 Since 2024, has served as director.4 Total assets rose from €43,519 in 2018 to €70,728 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-10-2016
  3. 3Belgian Official Gazette, 15-09-2017
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0664.567.289
VAT number
BE 0664.567.289
Peppol ID
0208:0664567289
Legal form
Private limited company
Status
Active, normal situation
Founded
12-10-2016
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
12 March at 20:00
deed of 29-01-2024 (in French)
Peppol
Reachable since 29-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SOFTWARE & APPLICATION DEVELOPMENT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-01-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 29-01-2024 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’activité de développement et de commercialisation de sites web,de software et d’applications pour téléphones mobiles; L’activité de…”
5 activities
  1. L’activité de développement et de commercialisation de sites web,de software et d’applications pour téléphones mobiles.
  2. L’activité de consulting dans les domaines les plus divers et en particulier dans le management,la finance et l’informatique.
  3. La gestion de droits d’auteurs et plus largement L’acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences.
  4. L’achat et la vente de produits de manière générale et en particulier de matériel informatique.
  5. La prise de participations,directe ou indirecte,dans le capital de toute personne morale belge ou étrangère,existante ou à créer,de quelque manière que ce soit,notamment par voie d'apport,de fusion,de souscription et de commandite.
deed of 14-10-2016 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
SAD SPRL registered office Pierre Hap Lemaîtrestraat 28, 1040 Etterbeek 47400 Retail sale of information and communication equipment 12-10-2016 2.260.915.293
1 former office
  • Chaussée de Boondael 210/bte 8, 1050 Bruxelles until 28-02-2026 · deed of 20-03-2026

Buildings and parcels at the address

Ground area
165 m²
Buildings
99 m²
Volume, LiDAR
960 m³
Tallest building
16.2 m
Buildings to scale, each on its own parcel
99 m², 16.2 m 99 m², 16.2 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21363B0405/00G010165 m² 1 · 99 m² 16.2 m · 4

Contact

E-mail theodoros.alexakis@gmail.com
Phone +32 476 04 98 63