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The software crew

Active
Private limited companyfounded 20241 yr activeKouter 1, 9000 Gent, BelgiumKBO/BCE: BE 1017.742.608
Summary

The software crew has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €694,865 and a net result of -€410,135. Its solvency ranks better than 82% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability0
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days only on tighter terms
Liquidity ample (current ratio 14.18; short-term debt: 7% and cash: 37% of total assets), and 18.7% of the assets are financed with debt.
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Signals

Three 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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 20 December 2024, The software crew was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€694,865
Total assets
€854,867
Net result
-€410,135
Working capital
€789,190

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

Balance-sheet composition
Assets €854,867
Fixed assets €5,790
Current assets €849,077
Equity and liabilities €854,867
Equity €694,865
Debt €160,002
Debt finances 18.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€406,821
Cash flow
-€407,266
Current ratio
14.18
Debt to equity
0.23
ROE
-59.0%
ROA
-48.0%
Interest coverage
-690.97
Debt ≤ 1 year
€59,887
Debt > 1 year
€100,115

Peer companies

Historical observation

Of the 1,676 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 91% are still going.

  • Small
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
  • without age
1.6% went bankrupt
7.5% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,676 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€854,867
Fixed assets21/28€5,790
Tangible fixed assets22/27€5,790
Furniture and vehicles24€5,790
Current assets29/58€849,077
Amounts receivable within one year40/41€508,640
Trade receivables40€498,702
Other amounts receivable41€9,939
Cash at bank and in hand54/58€316,423
Deferred charges and accrued income490/1€24,014
Equity and liabilities
Total equity and liabilities10/49€854,867
Equity10/15€694,865
Contributions10/11€1.1m
Profit (loss) carried forward14-€410,135
Amounts payable17/49€160,002
Amounts payable after more than one year17€100,115
Other amounts payable178/9€100,115
Amounts payable within one year42/48€59,887
Financial debts43€7,928
Credit institutions430/8€7,928
Trade debts44€51,665
Suppliers440/4€51,665
Other amounts payable47/48€294
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,869
Other operating charges640/8€3,368
Gross operating margin9900-€403,453
Operating profit (loss)9901-€409,690
Financial income75/76B€143
Recurring financial income75€143
Financial charges65/66B€589
Recurring financial charges65€589
Profit (loss) for the period before taxes9903-€410,135
Profit (loss) for the period9904-€410,135
Profit (loss) for the period to be appropriated9905-€410,135
Appropriation of the result
Profit (loss) to be appropriated9906-€410,135

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,869
Other operating charges640/8€3,368
Gross operating margin9900-€403,453
Operating profit (loss)9901-€409,690
Financial income75/76B€143
Recurring financial income75€143
Financial charges65/66B€589
Recurring financial charges65€589
Profit (loss) for the period before taxes9903-€410,135
Profit (loss) for the period9904-€410,135
Profit (loss) for the period to be appropriated9905-€410,135
Line2025
Assets
Total assets20/58€854,867
Fixed assets21/28€5,790
Tangible fixed assets22/27€5,790
Furniture and vehicles24€5,790
Current assets29/58€849,077
Amounts receivable within one year40/41€508,640
Trade receivables40€498,702
Other amounts receivable41€9,939
Cash at bank and in hand54/58€316,423
Deferred charges and accrued income490/1€24,014
Equity and liabilities
Total equity and liabilities10/49€854,867
Equity10/15€694,865
Contributions10/11€1.1m
Profit (loss) carried forward14-€410,135
Amounts payable17/49€160,002
Amounts payable after more than one year17€100,115
Other amounts payable178/9€100,115
Amounts payable within one year42/48€59,887
Financial debts43€7,928
Credit institutions430/8€7,928
Trade debts44€51,665
Suppliers440/4€51,665
Other amounts payable47/48€294
Line2025
Profit (loss) for the period9904-€410,135
+ Depreciation and write-downs630€2,869
Operating cash flow (approximation)-€407,266

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
229 m²
Building footprint
231 m²
Volume, LiDAR
5,211 m³
Parcel 44803C0833/00D000, Flanders · tallest building 26.3 m, ±8 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
The software crew
Kouter 1, 9000 GentComputer programming, consultancy and related activities
since 20242.368.174.232
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44803C0833/00D000 Flanders 229 m² 1 · 231 m² 26.2 m · 8 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of The software crew and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 4,908 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
Founded20-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017742608
Also 9925:BE1017742608
Registered 16-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.