Software Development
ActiveSoftware Development has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €-17k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 2591 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
15
/ 100
Critical▼ -18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency59▼-3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.53 in 2024), and 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
-8.7%
Age of the figures
14 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€17k
raises risk · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
9 d late
2024
4 d early
2023
41 d early
2022
43 d early
2021
4 d early
2020
8 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close05-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€91k▼ 15.6%
2024 · €108k
2022: €109k
2023: €110k
2024: €108k
2022 → 2025
Total assets
€192k▼ 12.2%
2024 · €219k
2022: €237k
2023: €214k
2024: €219k
2022 → 2025
Net result
€-17k▼ 607%
2024 · €-2k
2022: €3k
2023: €1k
2024: €-2k
2022 → 2025
Working capital
€-63k▼ 19.4%
2024 · €-53k
2022: €-63k
2023: €-55k
2024: €-53k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€109k-€110k▲ 1.3%€108k▼ 2.2%€91k▼ 15.6%
Operating result€5k-€2k▼ 57.9%€-2k€-16k▼ 617%
Net result€3k-€1k▼ 56.0%€-2k€-17k▼ 607%
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 €16k in 2025 against €2k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€154k▼ 4.1%
Current assets
€38k▼ 34.4%
Equity and liabilities €192k
Equity
€91k▼ 15.6%
Debt
€101k▼ 8.9%
The debt ratio rises from 50.8% to 52.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-9k▼
2024 · €4k
Cash flow
€-10k▼
2024 · €4k
Solvency
47.3%▼
2024 · 49.2%
Current ratio
0.38▼
2024 · 0.53
Quick ratio
0.38▼
2024 · 0.53
Debt / equity
1.12▲
2024 · 1.03
ROE
-18.5%▼
2024 · -2.2%
ROA
-8.7%▼
2024 · -1.1%
Interest coverage
-8.75▼
2024 · 23.62
Debt
€101k▼
2024 · €111k
Debt ≤ 1 year
€101k▼
2024 · €111k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€219k€192k▼
Fixed assets
21/28€161k€154k▼
Tangible fixed assets
22/27€50k€43k▼
Financial fixed assets
28€111k€111k=
Current assets
29/58€58k€38k▼
Amounts receivable within one year
40/41€55k€33k▼
Cash & bank
54/58€4k€6k▲
Total equity & liabilities
10/49€219k€192k▼
Equity
10/15€108k€91k▼
Contributions / capital
10/11€62k€62k=
Reserves
13€45k€45k=
Accumulated profits (losses)
14€1k€-16k▼
Amounts payable
17/49€111k€101k▼
Amounts payable within one year
42/48€111k€101k▼
Trade debts payable within one year
44€26k€13k▼
Income statement
Code20242025
Gross operating margin
9900€9k€-5k▼
Operating result
9901€-2k€-16k▼
Financial income
75-€0
Financial charges
65€179€1k▲
Result before taxes
9903€-2k€-17k▼
Net result for the period
9904€-2k€-17k▼
Result to be appropriated
9905€-2k€-17k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 9 days late
2025
30-06
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 8 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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
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Of 16,793 companies in sector 62100 we hold annual accounts for 8,543. 6,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-11-1994
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
62900Other information technology and computer services
72500
72600
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 22-08-2026. Scores and ratios are computed by Checked and are not a credit decision.