Personal Software
ActiveSummary
Personal Software has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €500k and a net result of €62k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 15865 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+3
Solvency94▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 9.8 in 2023; short-term debt: 27.2% and cash: 3.2% of total assets), and 30.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
not confirmed
2024
60 d late
2023
54 d early
2022
10 d late
2021
5 d early
2020
30 d late
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€500k▼ 7.9%
2023 · €543k
2018: €375klowest in 7 years
2019: €434k▲ +15.8% vs 2018
2020: €452k▲ +4.3% vs 2019
2021: €480k▲ +6.1% vs 2020
2022: €507k▲ +5.6% vs 2021
2023: €543k▲ +7.0% vs 2022highest in 7 years
2024: €500k▼ -7.9% vs 2023
2018 → 2024
Total assets
€721k▲ 26.0%
2023 · €572k
2018: €436klowest in 7 years
2019: €511k▲ +17.4% vs 2018
2020: €516k▲ +0.8% vs 2019
2021: €524k▲ +1.7% vs 2020
2022: €538k▲ +2.7% vs 2021
2023: €572k▲ +6.3% vs 2022
2024: €721k▲ +26.0% vs 2023highest in 7 years
2018 → 2024
Net result
€62k▲ 74.2%
2023 · €36k
2018: €88khighest in 7 years
2019: €59k▼ -32.5% vs 2018
2020: €19k▼ -68.7% vs 2019lowest in 7 years
2021: €28k▲ +48.7% vs 2020
2022: €27k▼ -2.9% vs 2021
2023: €36k▲ +32.8% vs 2022
2024: €62k▲ +74.2% vs 2023
2018 → 2024
Working capital
€190k▼ 27.1%
2023 · €261k
2018: €82klowest in 7 years
2019: €131k▲ +59.5% vs 2018
2020: €160k▲ +22.4% vs 2019
2021: €171k▲ +6.8% vs 2020
2022: €209k▲ +22.4% vs 2021
2023: €261k▲ +25.0% vs 2022highest in 7 years
2024: €190k▼ -27.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€452k-€480k▲ 6.1%€507k▲ 5.6%€543k▲ 7.0%€500k▼ 7.9%
2020: €452klowest in 5 years
2021: €480k▲ +6.1% vs 2020
2022: €507k▲ +5.6% vs 2021
2023: €543k▲ +7.0% vs 2022highest in 5 years
2024: €500k▼ -7.9% vs 2023
Operating result€41k-€39k▼ 6.4%€53k▲ 36.9%€55k▲ 4.0%€71k▲ 29.8%
2020: €41k
2021: €39k▼ -6.4% vs 2020lowest in 5 years
2022: €53k▲ +36.9% vs 2021
2023: €55k▲ +4.0% vs 2022
2024: €71k▲ +29.8% vs 2023highest in 5 years
Net result€19k-€28k▲ 48.7%€27k▼ 2.9%€36k▲ 32.8%€62k▲ 74.2%
2020: €19klowest in 5 years
2021: €28k▲ +48.7% vs 2020
2022: €27k▼ -2.9% vs 2021
2023: €36k▲ +32.8% vs 2022
2024: €62k▲ +74.2% vs 2023highest 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 2021 the operating result has climbed three years in a row; 2024 is 30% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €721k
Fixed assets
€335k ▲ 18.9%
Current assets
€386k ▲ 32.9%
Equity and liabilities €721k
Equity
€500k ▼ 7.9%
Debt
€221k ▲ 646%
Debt's share of the balance-sheet total rises from 5.2% to 30.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▲
2023 · €79k
Cash flow
€84k▲
2023 · €59k
Current ratio
1.97▼
2023 · 9.80
Debt to equity
0.44▲
2023 · 0.05
ROE
12.4%▲
2023 · 6.6%
ROA
8.6%▲
2023 · 6.2%
Interest coverage
82.20▲
2023 · 81.82
Debt ≤ 1 year
€196k▲
2023 · €30k
Debt > 1 year
€25k
Income taxes
€26k▲
2023 · €18k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€572k€721k▲
Fixed assets21/28€281k€335k▲
Tangible fixed assets22/27€281k€335k▲
Land and buildings22€259k€251k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€19k€79k▲
Current assets29/58€291k€386k▲
Amounts receivable within one year40/41€257k€358k▲
Trade receivables40€20k€80k▲
Other amounts receivable41€237k€278k▲
Cash at bank and in hand54/58€32k€23k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€572k€721k▲
Equity10/15€543k€500k▼
Contributions10/11€19k€19k=
Reserves13€193k€150k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€7k€7k=
Distributable reserves133€184k€143k▼
Profit (loss) carried forward14€331k€331k=
Amounts payable17/49€30k€221k▲
Amounts payable after more than one year17-€25k
Financial debts170/4-€25k
Amounts payable within one year42/48€30k€196k▲
Current portion of amounts payable after more than one year42€1k€0▼
Trade debts44€13k€62k▲
Suppliers440/4€13k€62k▲
Taxes, remuneration and social security45€16k€29k▲
Taxes450/3€16k€29k▲
Other amounts payable47/48-€105k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€3k€15k▲
Gross operating margin9900€82k€108k▲
Operating profit (loss)9901€55k€71k▲
Financial income75/76B-€18k
Recurring financial income75-€18k
Financial charges65/66B€962€1k▲
Recurring financial charges65€962€1k▲
Profit (loss) for the period before taxes9903€54k€88k▲
Income taxes67/77€18k€26k▲
Profit (loss) for the period9904€36k€62k▲
Profit (loss) for the period to be appropriated9905€36k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€366k€393k▲
Profit (loss) brought forward from the previous period14P€331k€331k▲
Transfer from equity791/2-€105k
Transfer to equity691/2€35k€62k▲
To other reserves6921€35k€62k▲
Profit to be distributed694/7-€105k
Return on contributions (dividend)694-€105k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €28k | €18k | €24k | €22k | ▼ 7.0% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €15k | ▲ 343% |
| Gross operating margin9900 | €73k | €70k | €74k | €82k | €108k | ▲ 31.9% |
| Operating profit (loss)9901 | €41k | €39k | €53k | €55k | €71k | ▲ 29.8% |
| Financial income75/76B | - | €0 | - | - | €18k | - |
| Recurring financial income75 | €0 | €0 | - | - | €18k | - |
| Financial charges65/66B | - | €916 | €747 | €962 | €1k | ▲ 18.1% |
| Recurring financial charges65 | €1k | €916 | €747 | €962 | €1k | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €40k | €38k | €52k | €54k | €88k | ▲ 62.7% |
| Income taxes67/77 | €21k | €10k | €25k | €18k | €26k | ▲ 40.4% |
| Profit (loss) for the period9904 | €19k | €28k | €27k | €36k | €62k | ▲ 74.2% |
| Profit (loss) for the period to be appropriated9905 | €19k | €28k | €27k | €36k | €62k | ▲ 74.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €516k | €524k | €538k | €572k | €721k | ▲ 26.0% |
| Fixed assets21/28 | €309k | €310k | €298k | €281k | €335k | ▲ 18.9% |
| Tangible fixed assets22/27 | €309k | €310k | €298k | €281k | €335k | ▲ 18.9% |
| Land and buildings22 | - | €267k | €266k | €259k | €251k | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €1k | €591 | €3k | €5k | ▲ 39.4% |
| Furniture and vehicles24 | - | €41k | €31k | €19k | €79k | ▲ 309% |
| Current assets29/58 | €207k | €215k | €241k | €291k | €386k | ▲ 32.9% |
| Amounts receivable within one year40/41 | €179k | €192k | €225k | €257k | €358k | ▲ 39.4% |
| Trade receivables40 | - | €11k | €17k | €20k | €80k | ▲ 308% |
| Other amounts receivable41 | - | €181k | €209k | €237k | €278k | ▲ 17.2% |
| Cash at bank and in hand54/58 | €26k | €21k | €13k | €32k | €23k | ▼ 27.4% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €5k | ▲ 135% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €516k | €524k | €538k | €572k | €721k | ▲ 26.0% |
| Equity10/15 | €452k | €480k | €507k | €543k | €500k | ▼ 7.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €132k | €132k | €158k | €193k | €150k | ▼ 22.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | - | €123k | €149k | €184k | €143k | ▼ 22.4% |
| Profit (loss) carried forward14 | €302k | €330k | €331k | €331k | €331k | = |
| Amounts payable17/49 | €63k | €44k | €32k | €30k | €221k | ▲ 646% |
| Amounts payable after more than one year17 | €16k | €296 | €0 | - | €25k | - |
| Financial debts170/4 | - | €296 | €0 | - | €25k | - |
| Amounts payable within one year42/48 | €47k | €44k | €32k | €30k | €196k | ▲ 561% |
| Current portion of amounts payable after more than one year42 | - | €34k | €14k | €1k | €0 | ▼ 100% |
| Trade debts44 | €4k | €5k | €5k | €13k | €62k | ▲ 389% |
| Suppliers440/4 | - | €5k | €5k | €13k | €62k | ▲ 389% |
| Taxes, remuneration and social security45 | - | €5k | €12k | €16k | €29k | ▲ 87.8% |
| Taxes450/3 | - | €5k | €12k | €16k | €29k | ▲ 87.8% |
| Other amounts payable47/48 | - | - | - | - | €105k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €28k | €27k | €36k | €62k | ▲ 74.2% |
| + Depreciation and write-downs630 | €28k | €28k | €18k | €24k | €22k | ▼ 7.0% |
| Operating cash flow (approximation) | €47k | €56k | €45k | €59k | €84k | ▲ 41.7% |
| Investment in fixed assets (approximation) | - | €-29k | €-6k | €-7k | €-75k | ▼ 950% |
| Change in cash | - | €-5k | €-8k | €19k | €-9k | ▼ 147% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Equity above €500kEq €507k ▲5.6%
5 profitable years in a row build equity to €507k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €19k ▼68.7%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 1996
Ground area
1,342 m²
Building footprint
225 m²
Volume, LiDAR
1,636 m³
2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PERSONAL SOFTWARE
since 19962.078.423.750
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0016/00R009 | Flanders | 1,145 m² | 1 · 151 m² | 11.0 m · 2 fl. |
| 11324D0439/00M004 | Flanders | 197 m² | 1 · 74 m² | 9.0 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,213 EUR awarded · 1,763 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,740 EUR | 1,290 EUR |
| 2023 | 1 | 473 EUR | 473 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 1,014 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
Founded27-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.