EQualIT Software
ActiveSummary
EQualIT Software has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €25k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 50% 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
Profitability83▼-10
Solvency85▼-15
Growth60=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.64 against 7.52 in 2024; short-term debt: 21.4% and cash: 65.2% of total assets), and 39.6% 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
60.4%
Return on assets
11.8%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
76 d late
2023
30 d late
2022
113 d late
2021
479 d late
2020
31 d late
2019
91 d late
← 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
Turnover
€121k▼ 4.1%
2023 · €126k
2021: €129khighest in 4 years
2022: €123k▼ -5.1% vs 2021
2023: €126k▲ +2.9% vs 2022
2024: €121k▼ -4.1% vs 2023lowest in 4 years
2021 → 2024
EBIT margin
37.1%▲ 10.9pp
2023 · 26.2%
2021: 18.5%
2022: 14.5%▼ -21.6% vs 2021lowest in 4 years
2023: 26.2%▲ +80.4% vs 2022
2024: 37.1%▲ +41.7% vs 2023highest in 4 years
2021 → 2024
Net result
€25k▼ 8.7%
2024 · €28k
2018: €17k
2019: €2k▼ -90.9% vs 2018lowest in 8 years
2020: €9k▲ +456% vs 2019
2021: €21k▲ +134% vs 2020
2022: €13k▼ -39.2% vs 2021
2023: €33k▲ +162% vs 2022highest in 8 years
2024: €28k▼ -15.7% vs 2023
2025: €25k▼ -8.7% vs 2024
2018 → 2025
Working capital
€167k▲ 21.4%
2024 · €138k
2018: €71k
2019: €70k▼ -2.4% vs 2018
2020: €56k▼ -19.5% vs 2019lowest in 8 years
2021: €66k▲ +18.7% vs 2020
2022: €79k▲ +18.4% vs 2021
2023: €109k▲ +38.7% vs 2022
2024: €138k▲ +26.2% vs 2023
2025: €167k▲ +21.4% 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
Turnover€129k-€123k▼ 5.1%€126k▲ 2.9%€121k▼ 4.1%
2021: €129khighest in 4 years
2022: €123k▼ -5.1% vs 2021
2023: €126k▲ +2.9% vs 2022
2024: €121k▼ -4.1% vs 2023lowest in 4 years
Equity€67k-€80k▲ 18.7%€112k▲ 41.2%€140k▲ 24.6%€130k▼ 7.5%
2021: €67klowest in 5 years
2022: €80k▲ +18.7% vs 2021
2023: €112k▲ +41.2% vs 2022
2024: €140k▲ +24.6% vs 2023highest in 5 years
2025: €130k▼ -7.5% vs 2024
Operating result€24k-€18k▼ 25.6%€33k▲ 85.7%€45k▲ 35.9%€41k▼ 8.9%
2021: €24k
2022: €18k▼ -25.6% vs 2021lowest in 5 years
2023: €33k▲ +85.7% vs 2022
2024: €45k▲ +35.9% vs 2023highest in 5 years
2025: €41k▼ -8.9% vs 2024
Net result€21k-€13k▼ 39.2%€33k▲ 162%€28k▼ 15.7%€25k▼ 8.7%
2021: €21k
2022: €13k▼ -39.2% vs 2021lowest in 5 years
2023: €33k▲ +162% vs 2022highest in 5 years
2024: €28k▼ -15.7% vs 2023
2025: €25k▼ -8.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€2k ▼ 32.5%
Current assets
€213k ▲ 34.1%
Equity and liabilities €215k
Equity
€130k ▼ 7.5%
Provisions
€39k
Debt
€46k ▲ 117%
Debt's share of the balance-sheet total rises from 13.1% to 21.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€42k▼
2024 · €46k
Cash flow
€26k▼
2024 · €29k
Current ratio
4.64▼
2024 · 7.52
Debt to equity
0.35▲
2024 · 0.15
ROE
19.5%▼
2024 · 19.7%
ROA
11.8%▼
2024 · 17.1%
Interest coverage
182.74▲
2024 · 172.21
Debt ≤ 1 year
€46k▲
2024 · €21k
Income taxes
€16k▼
2024 · €17k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€215k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€159k€213k▲
Amounts receivable within one year40/41€27k€73k▲
Trade receivables40€11k€56k▲
Other amounts receivable41€17k€17k=
Cash at bank and in hand54/58€131k€140k▲
Deferred charges and accrued income490/1€492€134▼
Equity and liabilities
Total equity and liabilities10/49€161k€215k▲
Equity10/15€140k€130k▼
Contributions10/11€12k€12k=
Reserves13€71k€51k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€70k€49k▼
Profit (loss) carried forward14€57k€67k▲
Provisions and deferred taxes16-€39k
Provisions for liabilities and charges160/5-€39k
Pensions and similar obligations160-€39k
Amounts payable17/49€21k€46k▲
Amounts payable within one year42/48€21k€46k▲
Trade debts44€774€2k▲
Suppliers440/4€774€2k▲
Taxes, remuneration and social security45€17k€24k▲
Taxes450/3€17k€24k▲
Other amounts payable47/48€3k€20k▲
Income statement
Code20242025
Turnover70€121k-
Goods, raw materials, services and sundry goods60/61€78k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930€776▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€39k
Other operating charges640/8€391€728▲
Gross operating margin9900€46k€82k▲
Operating profit (loss)9901€45k€41k▼
Financial income75/76B€277€67▼
Recurring financial income75€277€67▼
Financial charges65/66B€266€228▼
Recurring financial charges65€266€228▼
Profit (loss) for the period before taxes9903€45k€41k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€28k€25k▼
Transfer from tax-exempt reserves789-€0
Transfer to tax-exempt reserves689-€0
Profit (loss) for the period to be appropriated9905€28k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€82k▲
Profit (loss) brought forward from the previous period14P€54k€57k▲
Transfer from equity791/2-€36k
Transfer to equity691/2€25k€15k▼
To the legal reserve6920-€0
To other reserves6921€25k€15k▼
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €129k | €123k | €126k | €121k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €107k | €103k | €94k | €78k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €709 | €1k | €930 | €776 | ▼ 16.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €39k | - |
| Other operating charges640/8 | €732 | €935 | €399 | €391 | €728 | ▲ 86.0% |
| Gross operating margin9900 | €26k | €19k | €35k | €46k | €82k | ▲ 76.5% |
| Operating profit (loss)9901 | €24k | €18k | €33k | €45k | €41k | ▼ 8.9% |
| Financial income75/76B | €1 | €0 | €13 | €277 | €67 | ▼ 75.8% |
| Recurring financial income75 | €1 | €0 | €13 | €277 | €67 | ▼ 75.8% |
| Financial charges65/66B | €280 | €163 | €225 | €266 | €228 | ▼ 14.3% |
| Recurring financial charges65 | €280 | €163 | €225 | €266 | €228 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €24k | €18k | €33k | €45k | €41k | ▼ 9.2% |
| Income taxes67/77 | €3k | €5k | - | €17k | €16k | ▼ 10.1% |
| Profit (loss) for the period9904 | €21k | €13k | €33k | €28k | €25k | ▼ 8.7% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €0 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €21k | €13k | €33k | €28k | €25k | ▼ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120k | €138k | €132k | €161k | €215k | ▲ 33.1% |
| Fixed assets21/28 | €2k | €962 | €3k | €2k | €2k | ▼ 32.5% |
| Tangible fixed assets22/27 | €2k | €962 | €3k | €2k | €2k | ▼ 32.5% |
| Furniture and vehicles24 | €2k | €962 | €3k | €2k | €2k | ▼ 32.5% |
| Current assets29/58 | €118k | €137k | €129k | €159k | €213k | ▲ 34.1% |
| Amounts receivable within one year40/41 | €27k | €22k | €14k | €27k | €73k | ▲ 166% |
| Trade receivables40 | €27k | €22k | €14k | €11k | €56k | ▲ 430% |
| Other amounts receivable41 | €36 | - | - | €17k | €17k | = |
| Cash at bank and in hand54/58 | €88k | €114k | €115k | €131k | €140k | ▲ 6.9% |
| Deferred charges and accrued income490/1 | €3k | €119 | €14 | €492 | €134 | ▼ 72.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120k | €138k | €132k | €161k | €215k | ▲ 33.1% |
| Equity10/15 | €67k | €80k | €112k | €140k | €130k | ▼ 7.5% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €46k | €46k | €46k | €71k | €51k | ▼ 29.0% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €45k | €45k | €45k | €70k | €49k | ▼ 29.8% |
| Profit (loss) carried forward14 | €9k | €21k | €54k | €57k | €67k | ▲ 18.1% |
| Provisions and deferred taxes16 | - | - | - | - | €39k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €39k | - |
| Pensions and similar obligations160 | - | - | - | - | €39k | - |
| Amounts payable17/49 | €53k | €58k | €19k | €21k | €46k | ▲ 117% |
| Amounts payable within one year42/48 | €52k | €58k | €19k | €21k | €46k | ▲ 117% |
| Trade debts44 | €8k | €1k | €3k | €774 | €2k | ▲ 123% |
| Suppliers440/4 | €8k | €1k | €3k | €774 | €2k | ▲ 123% |
| Taxes, remuneration and social security45 | €12k | €10k | €12k | €17k | €24k | ▲ 40.4% |
| Taxes450/3 | €12k | €10k | €12k | €17k | €24k | ▲ 40.4% |
| Other amounts payable47/48 | €31k | €46k | €4k | €3k | €20k | ▲ 517% |
| Accrued charges and deferred income492/3 | €1k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €13k | €33k | €28k | €25k | ▼ 8.7% |
| + Depreciation and write-downs630 | €2k | €709 | €1k | €930 | €776 | ▼ 16.5% |
| Operating cash flow (approximation) | €22k | €13k | €34k | €29k | €26k | ▼ 9.0% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €0 | €0 | - |
| Change in cash | - | €26k | €222 | €16k | €9k | ▼ 44.1% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €33k ▲162%
Net result €33k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.62
Current ratio from 2.36 to 6.62; short-term debt falls from €58k to €19k.
31-12
Financial
Equity above €100kEq €112k ▲41.2%
6 profitable years in a row build equity to €112k.
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 479 days late
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 113 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼90.9%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Braine-l'Alleud · 1 establishment unit since 2010
Ground area
1,951 m²
Building footprint
308 m²
Volume, LiDAR
1,612 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EQual-IT Software
since 20102.190.312.854
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743K0009/00H006 | Wallonia | 1,075 m² | 1 · 166 m² | 5.7 m · 1 fl. |
| 25110S0026/02A003 | Wallonia | 876 m² | 1 · 142 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500C407EA5DFEAA56
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,914 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 (pre-2019)
Founded04-08-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.