Equity
Software365 paid out €157,352 in dividends. That is 210% of the 2025 profit.
Software365 paid out €157,352 in dividends. That is 210% of the 2025 profit.
Of this, €155,010 falls due within a year.
In 2025, 26 people joined and 26 left.
Short-term debts fell from €184,408 to €155,010.
The last five annual accounts were filed 2 to 28 days before the end of the period.
Higher net result than 85% of companies in computer programming and consultancy. Sector median €28,568 · 21,212 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 24% of them on solvency, 60% on liquidity, 56% on profitability and 15% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 5,053 companies had the same profile as Software365 has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Software365 itself is lower: < 0.1% within 12 months. It rests on far more data about Software365 than the profile alone.
The method was tested on the 497,447 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 5,053 companies, not a prediction for Software365. 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.
Liquidity is ample, with a current ratio of 1.5 (0.94 in 2024), above the usual 1.5. Short-term debt is 37.9% and cash 35.7% of total assets. However, 77.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Software365 Sint-Niklaas | €408,663 | €169,976 | 22.9% | - |
| Gieteco ICT Solutions Geraardsbergen | €382,363 | €156,354 | 86.8% | - |
| TECHADVISE Lokeren | €385,428 | €165,841 | 73.9% | - |
| Realise-IT Kampenhout | €401,945 | €166,354 | 91.2% | - |
| HORIZON INTELLIGENCE Ixelles | €413,076 | €181,205 | 40.0% | - |
| Pyxis Belgium Nivelles | €402,541 | €152,363 | 8.1% | - |
| JR INFORMATICA La Louvière | €360,386 | €167,367 | 89.5% | - |
These companies have the same main activity as Software365: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €360,000 and €413,000, founded between 2012 and 2014.
Software365 files the micro format. That format states no turnover. The gross margin rose from €29,222 in 2014 to €169,976 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €240,000 and €330,000.
Higher than 22% of 21,206 companies in 2025.
Higher than 33% of 20,569 companies in 2025.
Higher than 50% of 20,744 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 26 people joined and 26 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
408,663 | 380,590 | 406,221 | 432,981 | 371,922 | 398,526 | 377,398 | 461,814 | 169,285 | 126,262 | 53,983 | 37,749 | |
21/28 |
175,826 | 207,898 | 225,645 | 259,172 | 266,312 | 273,337 | 304,734 | 339,727 | 51,211 | 3,069 | 3,041 | 3,796 | |
22/27 |
175,826 | 207,898 | 225,645 | 259,172 | 266,312 | 273,337 | 304,734 | 339,727 | 51,211 | 3,069 | 3,041 | 3,796 | |
22 |
163,925 | 184,872 | 190,369 | 211,204 | 234,021 | 260,023 | 288,915 | 321,017 | 35,550 | - | - | - | |
23 |
1,478 | 2,255 | 3,537 | 5,060 | 7,149 | 9,605 | 7,934 | 6,650 | - | 1,413 | 3,041 | 588 | |
24 |
10,424 | 20,771 | 31,738 | 42,908 | 25,143 | 3,708 | 7,885 | 12,061 | 15,661 | 1,657 | - | 3,208 | |
29/58 |
232,837 | 172,692 | 180,576 | 173,809 | 105,610 | 125,190 | 72,664 | 122,087 | 118,074 | 123,192 | 50,941 | 33,952 | |
40/41 |
84,626 | 75,721 | 30,001 | 57,385 | 19,332 | 42,487 | 24,655 | 32,284 | 21,933 | 44,373 | 28,145 | 27,118 | |
40 |
78,100 | 65,665 | 25,734 | 57,052 | 18,418 | 41,907 | 23,728 | 16,901 | 16,796 | 44,373 | 15,643 | 14,588 | |
41 |
6,526 | 10,057 | 4,267 | 333 | 914 | 580 | 927 | 15,383 | 5,137 | - | 12,502 | 12,531 | |
54/58 |
145,896 | 94,792 | 149,210 | 116,198 | 82,965 | 80,690 | 45,891 | 87,812 | 95,048 | 78,606 | 22,797 | 6,834 | |
490/1 |
2,315 | 2,178 | 1,365 | 225 | 3,313 | 2,013 | 2,118 | 1,990 | 1,093 | 214 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
408,663 | 380,590 | 406,221 | 432,981 | 371,922 | 398,526 | 377,398 | 461,814 | 169,285 | 126,262 | 53,983 | 37,749 | |
10/15 |
93,516 | 175,952 | 125,231 | 83,242 | 102,241 | 155,706 | 199,662 | 184,535 | 162,108 | 79,880 | 32,687 | 14,840 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
74,916 | 157,352 | 106,631 | 64,642 | 83,641 | 137,106 | 181,062 | 165,935 | 149,708 | 65,161 | 17,968 | 122 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,104 | 122 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
74,916 | 157,352 | 106,631 | 62,782 | 81,781 | 135,246 | 179,202 | 164,075 | 147,848 | 63,301 | 16,865 | - | |
14 |
0 | - | 0 | - | - | - | - | - | - | 2,318 | 2,318 | 2,318 | |
17/49 |
315,147 | 204,638 | 280,989 | 349,739 | 269,681 | 242,821 | 177,736 | 277,279 | 7,177 | 46,382 | 21,296 | 22,908 | |
17 |
160,000 | - | 0 | 144,186 | 142,911 | 144,633 | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | 144,633 | - | - | - | - | - | - | |
178/9 |
160,000 | - | 0 | 144,186 | 142,911 | - | - | - | - | - | - | - | |
42/48 |
155,010 | 184,408 | 280,989 | 203,940 | 126,705 | 98,188 | 158,746 | 277,260 | 7,177 | 46,382 | 21,296 | 22,908 | |
44 |
3,017 | 3,804 | 30,847 | 29,260 | 30,216 | 27,258 | 6,978 | 8,424 | 3,460 | 10,160 | 854 | 4,735 | |
440/4 |
3,017 | 3,804 | 30,847 | 29,260 | 30,216 | 27,258 | 6,978 | 8,424 | 3,460 | 10,160 | 854 | 4,735 | |
45 |
15,589 | 16,884 | 8,496 | 14,981 | 10,490 | 7,430 | 5,431 | 1,890 | 1,916 | 36,142 | 13,399 | 4,478 | |
450/3 |
11,425 | 12,548 | 6,169 | 11,399 | 7,483 | 6,776 | 301 | 1,603 | - | 33,252 | 13,244 | 3,005 | |
454/9 |
4,163 | 4,335 | 2,327 | 3,583 | 3,007 | 654 | 5,130 | 287 | 1,916 | 2,889 | 155 | 1,472 | |
47/48 |
136,405 | 163,721 | 241,647 | 159,698 | 86,000 | 63,500 | 146,337 | 266,946 | 1,802 | 80 | 7,043 | 13,696 | |
492/3 |
137 | 20,230 | 0 | 1,614 | 65 | - | 18,990 | 18 | - | - | - | - | |
| Income statement | |||||||||||||
9900 |
169,976 | 168,251 | 151,728 | 140,633 | 121,452 | 111,916 | 115,686 | 120,643 | 186,050 | 103,648 | 52,325 | 29,222 | |
62 |
34,795 | 46,649 | 37,689 | 35,494 | 44,124 | 48,047 | 35,176 | 37,603 | 28,516 | 25,841 | 19,448 | 14,427 | |
630 |
32,071 | 32,320 | 33,527 | 33,935 | 32,988 | 35,612 | 38,366 | 41,412 | 9,899 | 2,457 | 4,992 | 9,861 | |
640/8 |
4,132 | 3,926 | 28,106 | 3,334 | 3,264 | 3,331 | 22,586 | 20,809 | 26,473 | 1,088 | 873 | 1,069 | |
9901 |
98,977 | 85,357 | 52,406 | 67,870 | 41,076 | 24,927 | 19,557 | 20,819 | 121,161 | 74,262 | 27,012 | 3,867 | |
75/76B |
1,419 | 1,402 | 444 | 10,739 | 228 | 42 | 28 | 62 | 89 | 135 | 158 | 698 | |
75 |
1,419 | 1,402 | 444 | 78 | 228 | 42 | 28 | 62 | 89 | 135 | 158 | 698 | |
76B |
- | - | 0 | 10,661 | - | - | - | - | - | - | - | - | |
65/66B |
3 | 18,618 | 0 | 73 | 40 | 2 | 0 | 27 | 0 | 0 | 17 | 20 | |
65 |
3 | 18,618 | 0 | 73 | 40 | 2 | 0 | 27 | 0 | 0 | 17 | 20 | |
9903 |
100,393 | 68,141 | 52,850 | 78,535 | 41,263 | 24,967 | 19,585 | 20,854 | 121,251 | 74,397 | 27,153 | 4,545 | |
67/77 |
25,477 | 17,420 | 10,861 | 15,753 | 8,728 | 5,424 | 4,458 | 4,626 | 39,023 | 27,203 | 9,307 | 2,105 | |
9904 |
74,916 | 50,721 | 41,989 | 62,782 | 32,535 | 19,543 | 15,127 | 16,228 | 82,228 | 47,193 | 17,846 | 2,440 | |
9905 |
74,916 | 50,721 | 41,989 | 62,782 | 32,535 | 19,543 | 15,127 | 16,228 | 82,228 | 47,193 | 17,846 | 2,440 | |
| Appropriation of the result | |||||||||||||
9906 |
74,916 | 50,721 | 41,989 | 62,782 | 32,535 | 19,543 | 15,127 | 16,228 | 84,546 | 49,512 | 20,165 | 2,440 | |
791/2 |
157,352 | - | 0 | 81,781 | 86,000 | 63,500 | - | - | - | - | - | - | |
691/2 |
74,916 | 50,721 | 41,989 | 62,782 | 32,535 | 19,543 | 15,127 | 16,228 | 84,546 | 47,193 | 17,846 | 122 | |
6920 |
- | - | - | - | - | - | - | - | - | 756 | 982 | 122 | |
6921 |
74,916 | 50,721 | 41,989 | 62,782 | 32,535 | 19,543 | 15,127 | 16,228 | 84,546 | 46,437 | 16,865 | - | |
694/7 |
157,352 | - | 0 | 81,781 | 86,000 | 63,500 | - | - | - | - | - | - | |
694 |
157,352 | - | 0 | 81,781 | 86,000 | 63,500 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
1.1 | 2.2 | 1 | 1 | 0.7 | 1.4 | 0.7 | 0.8 | 0.6 | 0.4 | 0.6 | 1.2 | |
Hours worked1013 |
2,247 | 2,916 | 2,430 | 2,656 | 3,581 | 3,415 | 2,612 | 3,121 | 2,380 | 2,207 | 1,659 | 1,106 | |
| Document | |||||||||||||
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 29-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00354086 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00248499 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00224851 | |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00282927 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20253861 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-43800091 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-34500138 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-36600120 | |
| 31-12-2017 | micro format | 02-07-2018 | 2018-26500575 | |
| 31-12-2016 | abbreviated format | 19-07-2017 | 2017-33500541 | |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-36200130 | |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-37600094 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 131,048 | 117,677 | 85,934 | 101,805 | 74,064 | 60,538 | 57,923 | 62,231 | 131,061 | 76,719 | 32,004 | 13,727 | ||
| 106,987 | 83,041 | 75,516 | 96,717 | 65,523 | 55,155 | 53,493 | 57,640 | 92,127 | 49,650 | 22,838 | 12,301 | ||
| 0 | 14,573 | 0 | 26,795 | 25,964 | 4,214 | 3,373 | 329,928 | 58,040 | 2,485 | 4,237 | 13,657 | ||
| 51,104 | -54,418 | 33,012 | 33,234 | 2,275 | 34,799 | -41,922 | -7,236 | 16,442 | 55,809 | 15,963 | - | ||
| 77,827 | -11,717 | -100,414 | -30,131 | -21,096 | 27,001 | -86,082 | -155,174 | 110,896 | 76,810 | 29,645 | 11,044 | ||
| 22.9% | 46.2% | 30.8% | 19.2% | 27.5% | 39.1% | 52.9% | 40.0% | 95.8% | 63.3% | 60.6% | 39.3% | ||
| 1.50 | 0.94 | 0.64 | 0.85 | 0.83 | 1.27 | 0.46 | 0.44 | 16.45 | 2.66 | 2.39 | 1.48 | ||
| 3.37 | 1.16 | 2.24 | 4.20 | 2.64 | 1.56 | 0.89 | 1.50 | 0.04 | 0.58 | 0.65 | 1.54 | ||
| 80.1% | 28.8% | 33.5% | 75.4% | 31.8% | 12.6% | 7.6% | 8.8% | 50.7% | 59.1% | 54.6% | 16.4% | ||
| 18.3% | 13.3% | 10.3% | 14.5% | 8.7% | 4.9% | 4.0% | 3.5% | 48.6% | 37.4% | 33.1% | 6.5% | ||
| over 100 | 6.32 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 0 | - | - |
| full-time | 0 | 0 | 0 | - | - |
| part-time | 1 | 1 | 0 | - | - |
| in full-time equivalents | 0.8 | 0.4 | 0 | - | - |
| 0.5 | 0.8 | 1 | 1 | 0.6 | |
| On a permanent contract | 0 | 0 | 0 | - | - |
| Joined | 26 | 44 | 41 | 49 | 60 |
| Left | 26 | 43 | 41 | 49 | 60 |
| Training hours | 0 | 0 | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €14,573 | - | €26,795 | €25,964 |
| €32,071 | €32,320 | €33,527 | €33,935 | €32,988 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 16% higher than in 2024 and the highest since 2017. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 53.8% to 77.1%. Equity is lower and debt is higher.
Software365 has no parent and no holdings in its annual accounts. VAN BOVEN Erik Yvonne is the only director. Software365 shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Truweelstraat 16 registered office 9100 Sint-Niklaas 62100 Computer programming | 14-08-2013 | 2.221.515.180 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46443E0171/00M000 | 334 m² | 1 · 325 m² | 13.8 m · 1 |
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