HATCH SOFTWARE

Active

Private limited company (pre-2019)founded 201511 yrs activeBlauwschuurbroek(OPV) 3, 3360 Bierbeek, BelgiumKBO/BCE: BE 0629.916.911

HATCH SOFTWARE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €184k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 16860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

83 / 100

Excellent▼ -8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency42▼-30

Growth78=

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days acceptable

Liquidity tight (current ratio 1.18 against 1.63 in 2024), and 74.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

25.5%

Return on assets

27.8%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 16860 sector peers (2025).

NBB · sector comparison

Position among 16860 sector peers

Solvency

better than 24%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

93 d early

2024

41 d early

2023

142 d early

2022

70 d early

2021

30 d early

2020

22 d early

2019

56 d early

← before the deadline after the deadline →

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 months

Position in the running window

10-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€169k▼ 40.8%

2024 · €285k

2018: €154k 2019: €157k 2020: €205k 2021: €341k 2022: €429k 2023: €433k 2024: €285k

2018 → 2025

Total assets

€662k▼ 12.9%

2024 · €760k

2018: €516k 2019: €515k 2020: €573k 2021: €623k 2022: €671k 2023: €718k 2024: €760k

2018 → 2025

Net result

€184k▲ 24.6%

2024 · €148k

2018: €20k 2019: €62k 2020: €131k 2021: €136k 2022: €90k 2023: €78k 2024: €148k

2018 → 2025

Working capital

€63k▼ 67.8%

2024 · €197k

2018: €86k 2019: €92k 2020: €149k 2021: €275k 2022: €351k 2023: €347k 2024: €197k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€341k-€429k▲ 26.1%€433k▲ 0.7%€285k▼ 34.1%€169k▼ 40.8%

Operating result€179k-€118k▼ 33.8%€102k▼ 14.0%€194k▲ 90.3%€239k▲ 23.5%

Net result€136k-€90k▼ 33.3%€78k▼ 13.7%€148k▲ 89.0%€184k▲ 24.6%

Turnover and EBIT margin not published: the abbreviated or 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 24% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €662k

37.5%

62.5%

Fixed assets €248k▼ 1.2%

Current assets €414k▼ 18.7%

Equity and liabilities €662k

25.5%

74.5%

Equity €169k▼ 40.8%

Debt €493k▲ 3.8%

The debt ratio rises from 62.5% to 74.5%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€262k▲

2024 · €215k

Cash flow

€206k▲

2024 · €169k

Solvency

25.5%▼

2024 · 37.5%

Current ratio

1.18▼

2024 · 1.63

Quick ratio

1.18▼

2024 · 1.63

Debt / equity

2.92▲

2024 · 1.67

ROE

108.9%▲

2024 · 51.8%

ROA

27.8%▲

2024 · 19.4%

Interest coverage

56.32▲

2024 · 39.36

Debt

€493k▲

2024 · €475k

Debt ≤ 1 year

€350k▲

2024 · €313k

Debt > 1 year

€141k▼

2024 · €160k

Income taxes

€54k▲

2024 · €44k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€760k€662k▼

Fixed assets21/28€251k€248k▼

Tangible fixed assets22/27€251k€248k▼

Land and buildings22€223k€207k▼

Plant, machinery and equipment23€4k€2k▼

Furniture and vehicles24€576€5k▲

Other tangible fixed assets26€23k€34k▲

Current assets29/58€509k€414k▼

Amounts receivable after more than one year29€85k-

Other amounts receivable291€85k-

Amounts receivable within one year40/41€82k€212k▲

Trade receivables40€82k€123k▲

Other amounts receivable41-€89k

Current investments50/53€250€250=

Cash at bank and in hand54/58€338k€197k▼

Deferred charges and accrued income490/1€4k€5k▲

Equity and liabilities

Total equity and liabilities10/49€760k€662k▼

Equity10/15€285k€169k▼

Contributions10/11€19k€19k=

Reserves13€266k€150k▼

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€265k€148k▼

Amounts payable17/49€475k€493k▲

Amounts payable after more than one year17€160k€141k▼

Financial debts170/4€160k€141k▼

Amounts payable within one year42/48€313k€350k▲

Current portion of amounts payable after more than one year42€19k€19k▲

Trade debts44€2k€2k▲

Suppliers440/4€2k€2k▲

Taxes, remuneration and social security45€17k€8k▼

Taxes450/3€17k€8k▼

Other amounts payable47/48€275k€321k▲

Accrued charges and deferred income492/3€2k€2k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€23k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€217k€265k▲

Operating profit (loss)9901€194k€239k▲

Financial income75/76B€4k€4k▼

Recurring financial income75€4k€4k▼

Financial charges65/66B€5k€5k▼

Recurring financial charges65€5k€5k▼

Profit (loss) for the period before taxes9903€192k€238k▲

Income taxes67/77€44k€54k▲

Profit (loss) for the period9904€148k€184k▲

Profit (loss) for the period to be appropriated9905€148k€184k▲

Appropriation of the result

Profit (loss) to be appropriated9906€148k€184k▲

Transfer from equity791/2€295k€116k▼

Transfer to equity691/2€148k-

To other reserves6921€148k-

Profit to be distributed694/7€295k€300k▲

Return on contributions (dividend)694€295k€300k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2018net €184k ▲24.6%

Operating result €239k, net result €184k, both a record.

20-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

11-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

22-05

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

01-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Liquidity doublescurrent ratio 5.22

Current ratio from 2.14 to 5.22; short-term debt falls from €132k to €65k.

09-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Equity above €200kEq €205k ▲30.7%

3 profitable years in a row build equity to €205k.

05-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

07-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

19-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

28-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Bierbeek · 1 establishment unit since 2015

exact location from the address register On OpenStreetMap

Ground area

2,036 m²

Building footprint

193 m²

Volume, LiDAR

1,040 m³

Parcel 24713A0096/00E000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Hatch Software

Blauwschuurbroek(OPV) 3, 3360 BierbeekComputer programming, consultancy and related activities

since 20152.241.986.734

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24713A0096/00E000	Flanders	2,036 m²	1 · 193 m²	8.7 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

BlueIT Solutions

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Grimbergen · Eq €169k

CAML

BE 0802.946.994

Gent · Eq €169k

PAUL JANSSENS CONSULTING SERVICES

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Kaprijke · Eq €169k

Of 29,870 companies in sector 62200 we hold annual accounts for 18,318. 15,148 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded08-05-2015

Fiscal year end31-12

Activities, NACEBEL

62020IT consultancy

62200Computer consultancy and computer facilities management

62010Computer programming, consultancy and related activities

62100Computer programming

63100Computing infrastructure, data processing, hosting and related activities

63110Computing infrastructure, data processing, hosting and other information service activities

64200Holdings

64210Activities of holding companies

70200Business and other management consultancy

70220Business consulting

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.