Equity
€42,094 from €146,449 in 2013
Equity fell by 71% in 12 years.
SOFTWARE INNOVATIONS
Lifetime
16 annual accounts with figures on one time axis, 34 filings since 1987Gross marginpeak €148,238 (2007)
-€484▲ €2,460
Resultlowest -€39,145 (2017)
-€2,246▲ €4,249
Equitypeak €146,449 (2013)
€42,094▼ 5.1%
Debts
€214,897▼ 3.2%
Staffpeak 3 FTE (2013)
-not published
Board4 names since 2022
4 directorsBENINVEST and 3 others
Documentsfilings and deeds
05-03-20265 days late
2025abbreviated format
Gross margin from -€2,943 to -€484Loss of €2,246
Key points
from the 2025 annual accountsLosses
-€8,741 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€214,897 77% of the balance sheet
Financial debts 21%Suppliers 46%Taxes and wages 31%Other 2%
Of this, €197,294 falls due within a year.
2025 accounts filed 5 days after the deadlineTurnover not published (abbreviated format)
Checked score
67
Healthy
Financially stronger than 24% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 2.0%▲ +0.7 percentage points vs 01-2025
03-2025: 2.5%▲ +0.5 percentage points vs 02-2025highest value
04-2025: 1.2%▼ -1.3 percentage points vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.8%▲ +0.6 percentage points vs 01-2026
03-2026: 2.3%▲ +0.5 percentage points vs 02-2026
04-2026: 0.8%▼ -1.5 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Ex-officio strike-off in the KBO
lowers risk
Size: total assets €278,409
Founded in 1986
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 31% of them on solvency, 14% on liquidity, 21% on profitability and 31% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 29-07-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as SOFTWARE INNOVATIONS has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SOFTWARE INNOVATIONS itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 2,450 companies, not a prediction for SOFTWARE INNOVATIONS. 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
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (1.37 in 2024), below the usual 1.5. Short-term debt is 70.9% and cash 2.5% of total assets. 84.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192021232425
2019 to 2025 · latest year -€2,246
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 29-07-2025 was due by 28-02-2026 and was filed on 05-03-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
5 days late
2024
on the day
2023
16 days late
2021
370 days late
2020
686 days late
2019
1012 days late
2017
507 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 371 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Accounts not filed
Searched, nothing found (1)
neutral · Next filing not due yet
The financial year that closed on 29-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 5 March (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
29-07-2026 year end06-11-2026 today28-02-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0429465223
Accounts not filed
KBO administration
3 directors appointed
BENINVEST (managing director), MAPICS (managing director) and MAS ACCOUNT · Permanent representatives: MASSA Benny and MASSA Marc · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
First establishment
Stationsstraat 32, Overijse
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| SOFTWARE INNOVATIONS Overijse | €278,409 | -€484 | 15.1% | - |
| COMPUTERSYSTEMEN WILLAERT Ypres | €325,415 | -€2,382 | 98.2% | - |
| ORGANISATIE A.S.A. Dilbeek | €422,547 | -€10,318 | 97.7% | - |
| CLIF - CONSULT Bruges | €251,285 | -€28,906 | 87.0% | - |
| BURO STUDIO Maasmechelen | €188,165 | -€9,210 | 46.1% | - |
| OMNI - PAPIER Sint-Truiden | €450,617 | -€3,200 | 89.3% | - |
| VERTICO I.T.SOLUTIONS Sint-Gillis-Waas | €497,160 | -€43,732 | 70.5% | 0 |
These companies have the same main activity as SOFTWARE INNOVATIONS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €188,000 and €497,000, founded between 1983 and 1993.
Official details
Source: KBO- Status
- Active since 01-10-1986Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 1 other
- Establishment unit
- 2.035.139.7763090 Overijse, since 06-10-1986
- Financial year end
- 29 July
- Peppol
- Reachable since 08-01-2026
Insights on SOFTWARE INNOVATIONS
SOFTWARE INNOVATIONS files the abbreviated format. That format states no turnover. The gross margin fell from €148,238 in 2007 to -€484 in 2025.
In July 2022, the Official Gazette published the appointment of BENINVEST as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOFTWARE INNOVATIONS
- What is the company number of SOFTWARE INNOVATIONS?
- The company number of SOFTWARE INNOVATIONS is 0429.465.223. The VAT number is the same number with BE in front: BE 0429.465.223.
- Where is SOFTWARE INNOVATIONS based?
- The registered office is at Stationsstraat 32, 3090 Overijse.Company details
- What does SOFTWARE INNOVATIONS do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of SOFTWARE INNOVATIONS?
- SOFTWARE INNOVATIONS is a private limited company (BV).
- When was SOFTWARE INNOVATIONS founded?
- SOFTWARE INNOVATIONS was founded on 01-10-1986.
- Is SOFTWARE INNOVATIONS still active?
- Yes, SOFTWARE INNOVATIONS is an active enterprise in the KBO register.
- How many employees does SOFTWARE INNOVATIONS have?
- SOFTWARE INNOVATIONS had an average of 0.6 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of SOFTWARE INNOVATIONS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is SOFTWARE INNOVATIONS profitable?
- In financial year 2025, SOFTWARE INNOVATIONS made a loss of €2,246.
- Where can I find the annual accounts of SOFTWARE INNOVATIONS?
- SOFTWARE INNOVATIONS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SOFTWARE INNOVATIONS due?
- SOFTWARE INNOVATIONS must file the annual accounts for financial year 2026 by 28-02-2027.Timeline
Next steps
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