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Platform Science

Active
Public limited companyfounded 1998active for 28 yearsTer Waarde 90, 8900 Ieper, BelgiumKBO/BCE: BE 0464.257.143
Summary

Platform Science has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.8m and a net result of €5.3m. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 75% of 95 sector peers (NACE 61, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
Platform ScienceActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100Activities of holding companies NACE 64210
Largest company by total assets in West Flanders, Telecommunications sector1 site
Size
€50.1mturnover 2025
Staff
107.6 FTE
Equity
€28.8m
Profit
€5.3m
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Trimble INC
Holdings
4
Auditor: EY Bedrijfsrevisoren BV2025 accounts filed 77 days late9 of 31 deeds summarised
Why 82raises riskLast filed accounts filed 77 days late; 3 of the last 3 late1 change of registered office in 24 monthsSector: Telecommunications (NACE 61)lowers riskSize: turnover €50.1m, 107.6 FTE, total assets €50.1mShow the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 83-17
equity 57.5% of total assets
Liquidity 39-30
short-term debt 39.9% · cash 6.4%
Profitability 71-16
return on assets 10.5%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (18 companies, NACE 61, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.6 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €2,350,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.19, compared with 5.03 in 2024, above the usual 1.5; short-term debt: 39.9% and cash: 6.4% of total assets), and 42.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 73% on solvency, 41% on liquidity, 68% on profitability and 29% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 77 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: turnover €50.1m, 107.6 FTE, total assets €50.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Telecommunications (NACE 61)
KBO
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
77 days late
2024
77 days late
2023
76 days late
2022
45 days late
2021
59 days late
2020
116 days late
2019
84 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 76 days after the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: EY Bedrijfsrevisoren BV (commissaris revisor)Permanent representative: Line Vyvey
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Largest company by total assets in West Flanders, Telecommunications sectorin the Checked rankings No. 1 View
  • Caution: Latest accounts filed lateafter the legal deadline 77 days View
  • Caution: Equity fell in 2025from €53.5m to €28.8m ▼ 46.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €5.3m 8 years View
  • Controlled by Trimble INCthe company in turn controls 4 companies parent View

By topic

Financials

Financial year
2025
Turnover
€50.1m
Profit
€5.3m
Solvency
57.5%
Turnover▲ 0.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Trimble INC
Auditor
EY Bedrijfsrevisoren BV
  • Gregory Michael Ivancich Jr.Director
  • Natalia Lucas BurgettDirector
  • ASTURIONManaging director
Go to Board & ownership

Network & group

Subsidiaries
4
Connected companies
2
Mergers and asset contributions
1

4 subsidiaries

Go to Network & group

Timeline

Events
43
Since
2000
Next accounts
by 31-07-2027
  1. 03-10-2025Reappointment: Asturion BV (director)
  2. 24-09-2025Registered office · Amendment of the articles
  3. 07-07-2025Amendment of the articles · Name
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Founded
01-10-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
Last Friday of May at 15:00
Purpose
“De vennootschap heeft tot doel alle activiteiten te ontplooien op gebied van…” (deed in Dutch)
Go to Articles of association

Key facts about Platform Science

What is the company number of Platform Science?
0464.257.143. In Belgium the VAT number is the company number with BE in front: BE 0464.257.143.
Where is Platform Science based?
The registered office is at Ter Waarde 90, 8900 Ieper.Company details
What does Platform Science do?
According to the KBO register, the main activity is wired, wireless and satellite telecommunications (NACE 61100).
What is the legal form of Platform Science?
Public limited company (NV).
When was Platform Science founded?
On 01-10-1998.
Is Platform Science still active?
Yes, Platform Science is an active enterprise in the KBO register.
How many employees does Platform Science have?
On average 107.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Platform Science?
€50.1m in financial year 2025, according to the filed annual accounts.
Is Platform Science profitable?
In financial year 2025, Platform Science made a profit of €5.3m.
Where can I find the annual accounts of Platform Science?
Platform Science filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Platform Science due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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