Software365
ActiveSummary
Software365 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €75k. Equity is shrinking by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+7
Solvency48▼-23
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 0.94 in 2024; short-term debt: 37.9% and cash: 35.7% of total assets), but 77.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.9%
Return on assets
18.3%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 23%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d early
2023
26 d early
2022
5 d early
2021
2 d early
2020
1 d early
2019
8 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€94k▼ 46.9%
2024 · €176k
2018: €185k
2019: €200k▲ +8.2% vs 2018highest in 8 years
2020: €156k▼ -22.0% vs 2019
2021: €102k▼ -34.3% vs 2020
2022: €83k▼ -18.6% vs 2021lowest in 8 years
2023: €125k▲ +50.4% vs 2022
2024: €176k▲ +40.5% vs 2023
2025: €94k▼ -46.9% vs 2024
2018 → 2025
Total assets
€409k▲ 7.4%
2024 · €381k
2018: €462khighest in 8 years
2019: €377k▼ -18.3% vs 2018
2020: €399k▲ +5.6% vs 2019
2021: €372k▼ -6.7% vs 2020lowest in 8 years
2022: €433k▲ +16.4% vs 2021
2023: €406k▼ -6.2% vs 2022
2024: €381k▼ -6.3% vs 2023
2025: €409k▲ +7.4% vs 2024
2018 → 2025
Net result
€75k▲ 47.7%
2024 · €51k
2018: €16k
2019: €15k▼ -6.8% vs 2018lowest in 8 years
2020: €20k▲ +29.2% vs 2019
2021: €33k▲ +66.5% vs 2020
2022: €63k▲ +93.0% vs 2021
2023: €42k▼ -33.1% vs 2022
2024: €51k▲ +20.8% vs 2023
2025: €75k▲ +47.7% vs 2024highest in 8 years
2018 → 2025
Working capital
€78k
2024 · €-12k
2018: €-155klowest in 8 years
2019: €-86k▲ +44.5% vs 2018
2020: €27k▲ +131% vs 2019
2021: €-21k▼ -178% vs 2020
2022: €-30k▼ -42.8% vs 2021
2023: €-100k▼ -233% vs 2022
2024: €-12k▲ +88.3% vs 2023
2025: €78k▲ +764% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€83k▼ 18.6%€125k▲ 50.4%€176k▲ 40.5%€94k▼ 46.9%
2021: €102k
2022: €83k▼ -18.6% vs 2021lowest in 5 years
2023: €125k▲ +50.4% vs 2022
2024: €176k▲ +40.5% vs 2023highest in 5 years
2025: €94k▼ -46.9% vs 2024
Operating result€41k-€68k▲ 65.2%€52k▼ 22.8%€85k▲ 62.9%€99k▲ 16.0%
2021: €41klowest in 5 years
2022: €68k▲ +65.2% vs 2021
2023: €52k▼ -22.8% vs 2022
2024: €85k▲ +62.9% vs 2023
2025: €99k▲ +16.0% vs 2024highest in 5 years
Net result€33k-€63k▲ 93.0%€42k▼ 33.1%€51k▲ 20.8%€75k▲ 47.7%
2021: €33klowest in 5 years
2022: €63k▲ +93.0% vs 2021
2023: €42k▼ -33.1% vs 2022
2024: €51k▲ +20.8% vs 2023
2025: €75k▲ +47.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€176k ▼ 15.4%
Current assets
€233k ▲ 34.8%
Equity and liabilities €409k
Equity
€94k ▼ 46.9%
Debt
€315k ▲ 54.0%
Debt's share of the balance-sheet total rises from 53.8% to 77.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€131k▲
2024 · €118k
Cash flow
€107k▲
2024 · €83k
Current ratio
1.50▲
2024 · 0.94
Debt to equity
3.37▲
2024 · 1.16
ROE
80.1%▲
2024 · 28.8%
ROA
18.3%▲
2024 · 13.3%
Interest coverage
45821.02▲
2024 · 6.32
Debt ≤ 1 year
€155k▼
2024 · €184k
Debt > 1 year
€160k
Income taxes
€25k▲
2024 · €17k
Staff costs
€35k▼
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€381k€409k▲
Fixed assets21/28€208k€176k▼
Tangible fixed assets22/27€208k€176k▼
Land and buildings22€185k€164k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€21k€10k▼
Current assets29/58€173k€233k▲
Amounts receivable within one year40/41€76k€85k▲
Trade receivables40€66k€78k▲
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€95k€146k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€381k€409k▲
Equity10/15€176k€94k▼
Contributions10/11€19k€19k=
Reserves13€157k€75k▼
Distributable reserves133€157k€75k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€205k€315k▲
Amounts payable after more than one year17-€160k
Other amounts payable178/9-€160k
Amounts payable within one year42/48€184k€155k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€13k€11k▼
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€164k€136k▼
Accrued charges and deferred income492/3€20k€137▼
Income statement
Code20242025
Remuneration, social security and pensions62€47k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€168k€170k▲
Operating profit (loss)9901€85k€99k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€19k€3▼
Recurring financial charges65€19k€3▼
Profit (loss) for the period before taxes9903€68k€100k▲
Income taxes67/77€17k€25k▲
Profit (loss) for the period9904€51k€75k▲
Profit (loss) for the period to be appropriated9905€51k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€75k▲
Transfer from equity791/2-€157k
Transfer to equity691/2€51k€75k▲
To other reserves6921€51k€75k▲
Profit to be distributed694/7-€157k
Return on contributions (dividend)694-€157k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €44k | €35k | €38k | €47k | €35k | ▼ 25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €34k | €34k | €32k | €32k | ▼ 0.8% |
| Other operating charges640/8 | €3k | €3k | €28k | €4k | €4k | ▲ 5.3% |
| Gross operating margin9900 | €121k | €141k | €152k | €168k | €170k | ▲ 1.0% |
| Operating profit (loss)9901 | €41k | €68k | €52k | €85k | €99k | ▲ 16.0% |
| Financial income75/76B | €228 | €11k | €444 | €1k | €1k | ▲ 1.2% |
| Recurring financial income75 | €228 | €78 | €444 | €1k | €1k | ▲ 1.2% |
| Non-recurring financial income76B | - | €11k | €0 | - | - | - |
| Financial charges65/66B | €40 | €73 | €0 | €19k | €3 | ▼ 100.0% |
| Recurring financial charges65 | €40 | €73 | €0 | €19k | €3 | ▼ 100.0% |
| Profit (loss) for the period before taxes9903 | €41k | €79k | €53k | €68k | €100k | ▲ 47.3% |
| Income taxes67/77 | €9k | €16k | €11k | €17k | €25k | ▲ 46.2% |
| Profit (loss) for the period9904 | €33k | €63k | €42k | €51k | €75k | ▲ 47.7% |
| Profit (loss) for the period to be appropriated9905 | €33k | €63k | €42k | €51k | €75k | ▲ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €372k | €433k | €406k | €381k | €409k | ▲ 7.4% |
| Fixed assets21/28 | €266k | €259k | €226k | €208k | €176k | ▼ 15.4% |
| Tangible fixed assets22/27 | €266k | €259k | €226k | €208k | €176k | ▼ 15.4% |
| Land and buildings22 | €234k | €211k | €190k | €185k | €164k | ▼ 11.3% |
| Plant, machinery and equipment23 | €7k | €5k | €4k | €2k | €1k | ▼ 34.5% |
| Furniture and vehicles24 | €25k | €43k | €32k | €21k | €10k | ▼ 49.8% |
| Current assets29/58 | €106k | €174k | €181k | €173k | €233k | ▲ 34.8% |
| Amounts receivable within one year40/41 | €19k | €57k | €30k | €76k | €85k | ▲ 11.8% |
| Trade receivables40 | €18k | €57k | €26k | €66k | €78k | ▲ 18.9% |
| Other amounts receivable41 | €914 | €333 | €4k | €10k | €7k | ▼ 35.1% |
| Cash at bank and in hand54/58 | €83k | €116k | €149k | €95k | €146k | ▲ 53.9% |
| Deferred charges and accrued income490/1 | €3k | €225 | €1k | €2k | €2k | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €372k | €433k | €406k | €381k | €409k | ▲ 7.4% |
| Equity10/15 | €102k | €83k | €125k | €176k | €94k | ▼ 46.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €84k | €65k | €107k | €157k | €75k | ▼ 52.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €82k | €63k | €107k | €157k | €75k | ▼ 52.4% |
| Profit (loss) carried forward14 | - | - | €0 | - | €0 | - |
| Amounts payable17/49 | €270k | €350k | €281k | €205k | €315k | ▲ 54.0% |
| Amounts payable after more than one year17 | €143k | €144k | €0 | - | €160k | - |
| Other amounts payable178/9 | €143k | €144k | €0 | - | €160k | - |
| Amounts payable within one year42/48 | €127k | €204k | €281k | €184k | €155k | ▼ 15.9% |
| Trade debts44 | €30k | €29k | €31k | €4k | €3k | ▼ 20.7% |
| Suppliers440/4 | €30k | €29k | €31k | €4k | €3k | ▼ 20.7% |
| Taxes, remuneration and social security45 | €10k | €15k | €8k | €17k | €16k | ▼ 7.7% |
| Taxes450/3 | €7k | €11k | €6k | €13k | €11k | ▼ 8.9% |
| Remuneration and social security454/9 | €3k | €4k | €2k | €4k | €4k | ▼ 4.0% |
| Other amounts payable47/48 | €86k | €160k | €242k | €164k | €136k | ▼ 16.7% |
| Accrued charges and deferred income492/3 | €65 | €2k | €0 | €20k | €137 | ▼ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €63k | €42k | €51k | €75k | ▲ 47.7% |
| + Depreciation and write-downs630 | €33k | €34k | €34k | €32k | €32k | ▼ 0.8% |
| Operating cash flow (approximation) | €66k | €97k | €76k | €83k | €107k | ▲ 28.8% |
| Investment in fixed assets (approximation) | - | €-27k | €0 | €-15k | €0 | ▲ 100% |
| Change in cash | - | €33k | €33k | €-54k | €51k | ▲ 194% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €75k ▲47.7%
Operating result €99k, net result €75k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €176k ▲40.5%
7 profitable years in a row build equity to €176k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €125k ▲50.4%
6 profitable years in a row build equity to €125k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.27
Current ratio from 0.46 to 1.27; short-term debt falls from €159k to €98k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €15k ▼6.8%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
Show earlier events
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
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 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Niklaas · 1 establishment unit since 2013
Ground area
334 m²
Building footprint
326 m²
Volume, LiDAR
2,063 m³
Parcel 46443E0171/00M000, Flanders · tallest building 13.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Software365
since 20132.221.515.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0171/00M000 | Flanders | 334 m² | 1 · 325 m² | 13.8 m · 1 fl. |
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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,585 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
Founded14-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.