Software Directions

Active

Private limited companyfounded 201412 yrs activeZandbergstraat 18, 2300 Turnhout, BelgiumKBO/BCE: BE 0558.967.547

Software Directions has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €63k. Its solvency ranks better than 87% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

93 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability85

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity ample (current ratio 9.31), and 10.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

89.3%

Return on assets

41.5%

Age of the figures

8 mo

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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

50 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2025, micro schema

Equity

€136k

Total assets

€152k

Net result

€63k

Working capital

€135k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €152k

99.5%

Fixed assets €739

Current assets €151k

Equity and liabilities €152k

89.3%

11%

Equity €136k

Debt €16k

Debt finances 10.7% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€95k

Cash flow

€64k

Solvency

89.3%

Current ratio

9.31

Quick ratio

9.31

Debt / equity

0.12

ROE

46.5%

ROA

41.5%

Interest coverage

130.29

Debt

€16k

Debt ≤ 1 year

€16k

Income taxes

€31k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€152k

Fixed assets21/28€739

Tangible fixed assets22/27€739

Furniture and vehicles24€739

Current assets29/58€151k

Amounts receivable within one year40/41€14k

Trade receivables40€14k

Other amounts receivable41€0

Cash at bank and in hand54/58€136k

Deferred charges and accrued income490/1€833

Equity and liabilities

Total equity and liabilities10/49€152k

Equity10/15€136k

Contributions10/11€1k

Reserves13€135k

Distributable reserves133€135k

Amounts payable17/49€16k

Amounts payable within one year42/48€16k

Trade debts44€2k

Suppliers440/4€2k

Taxes, remuneration and social security45€9k

Taxes450/3€9k

Other amounts payable47/48€6k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€573

Other operating charges640/8€1k

Gross operating margin9900€96k

Operating profit (loss)9901€94k

Financial income75/76B€0

Recurring financial income75€0

Financial charges65/66B€730

Recurring financial charges65€730

Profit (loss) for the period before taxes9903€94k

Income taxes67/77€31k

Profit (loss) for the period9904€63k

Profit (loss) for the period to be appropriated9905€63k

Appropriation of the result

Profit (loss) to be appropriated9906€63k

Transfer to equity691/2€63k

To other reserves6921€63k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Gazette 1Filings 1

2026

11-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

27-03

State Gazette act Registered office

Board meeting · Registered-office move · Power of attorney4 facts ▸

Board meeting, 09/02/2026
Registered-office move, Zandbergstraat 18, 2300 Turnhout
Power of attorney, BV HB Accountants
Permanent representative, Bart Huybrechts

State Gazette actNBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

08-04-2025 Resigned as Manager

Location & real-estate footprint

Registered office, Turnhout · 1 establishment unit since 2014

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zandbergstraat 182300 Turnhout

Ground area

613 m²

Building footprint

142 m²

Volume, LiDAR