Priority Software Belgium
ActiveSummary
Priority Software Belgium has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €148k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 62% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+8
Solvency76▲+36
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 1.17 in 2024; short-term debt: 36.9% and cash: 17.2% of total assets), and 49% 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○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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
51%
Return on assets
6%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
58 d early
2022
61 d early
2021
73 d early
2020
65 d early
2019
56 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€148k
2024 · €-57k
2018: €585k
2019: €413k
2020: €106k
2021: €-159k
2022: €-164k
2023: €1.76M
2024: €-57k
2018 → 2025
Working capital
€1.32M▲ 22.1%
2024 · €1.08M
2018: €175k
2019: €-94k
2020: €-193k
2021: €678k
2022: €571k
2023: €2.49M
2024: €1.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€905k▼ 15.3%€2.67M▲ 195%€1.11M▼ 58.4%€1.26M▲ 13.4%
Operating result€-106k-€-111k▼ 4.5%€2.49M€-66k€190k
Net result€-159k-€-164k▼ 3.2%€1.76M€-57k€148k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €190k after a loss of €66k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€238k ▲ 218%
Current assets
€2.23M ▼ 69.6%
Equity and liabilities €2.47M
Equity
€1.26M ▲ 13.4%
Debt
€1.21M ▼ 80.8%
Debt's share of the balance-sheet total falls from 85.0% to 49.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€244k▲
2024 · €159k
Cash flow
€203k▲
2024 · €169k
Current ratio
2.45▲
2024 · 1.17
Quick ratio
2.44▲
2024 · 1.17
Debt to equity
0.96▼
2024 · 5.67
ROE
11.8%▲
2024 · -5.1%
ROA
6.0%▲
2024 · -0.8%
Interest coverage
17.75▲
2024 · 17.68
Debt ≤ 1 year
€911k▼
2024 · €6.25M
Debt > 1 year
€118k
Income taxes
€84k▼
2024 · €90k
Staff costs
€1.99M▼
2024 · €2.25M
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.40M€2.47M▼
Fixed assets21/28€75k€238k▲
Intangible fixed assets21-€20k
Tangible fixed assets22/27€74k€217k▲
Land and buildings22€42k€174k▲
Plant, machinery and equipment23€22k€16k▼
Furniture and vehicles24€10k€28k▲
Financial fixed assets28€336€336=
Current assets29/58€7.33M€2.23M▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€6.92M€1.76M▼
Trade receivables40€5.59M€751k▼
Other amounts receivable41€1.33M€1.01M▼
Cash at bank and in hand54/58€279k€425k▲
Deferred charges and accrued income490/1€131k€34k▼
Equity and liabilities
Total equity and liabilities10/49€7.40M€2.47M▼
Equity10/15€1.11M€1.26M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€16k€16k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€993k€1.14M▲
Amounts payable17/49€6.29M€1.21M▼
Amounts payable after more than one year17-€118k
Financial debts170/4-€118k
Amounts payable within one year42/48€6.25M€911k▼
Current portion of amounts payable after more than one year42-€14k
Trade debts44€5.10M€478k▼
Suppliers440/4€5.10M€478k▼
Taxes, remuneration and social security45€1.15M€419k▼
Taxes450/3€800k€174k▼
Remuneration and social security454/9€347k€245k▼
Accrued charges and deferred income492/3€43k€178k▲
Income statement
Code20242025
Non-recurring operating income76A€30k€10k▼
Remuneration, social security and pensions62€2.25M€1.99M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225k€54k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€47k€19k▼
Other operating charges640/8€16k€21k▲
Gross operating margin9900€2.47M€2.27M▼
Operating profit (loss)9901€-66k€190k▲
Financial income75/76B€108k€57k▼
Recurring financial income75€108k€57k▼
Financial charges65/66B€9k€14k▲
Recurring financial charges65€9k€14k▲
Profit (loss) for the period before taxes9903€33k€232k▲
Income taxes67/77€90k€84k▼
Profit (loss) for the period9904€-57k€148k▲
Transfer from tax-exempt reserves789€195k-
Profit (loss) for the period to be appropriated9905€138k€148k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.49M€1.14M▼
Profit (loss) brought forward from the previous period14P€2.36M€993k▼
Profit to be distributed694/7€1.50M-
Return on contributions (dividend)694€1.50M-
Social balance
Average headcount (FTE)908722.021.1▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €148k
Net result €148k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.45
Current ratio from 1.17 to 2.45; short-term debt falls from €6.25M to €911k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €1.76M
Net result €1.76M after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.67M ▲195%
Equity rises from €905k to €2.67M.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-164k
Net result drops to €-164k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Equity above €1MEq €1.12M ▲58.4%
2 profitable years in a row build equity to €1.12M.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Pelt · 1 establishment unit since 1979
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lieven Gevaertlaan 10043900 PeltGround area
1.5 ha
Building footprint
7,892 m²
Volume, LiDAR
53,659 m³
Parcel 72502E0102/00V146, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Priority Software Belgium
since 19792.016.816.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00V146 | Flanders | 1.5 ha | 1 · 7,892 m² | 8.5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 6,856 EUR awarded · 6,856 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 360 EUR | 360 EUR |
| 2024 | 1 | 0 EUR | 3,473 EUR |
| 2023 | 2 | 4,666 EUR | 1,193 EUR |
| 2022 | 1 | 1,830 EUR | 1,830 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
699400MUOV9OXR7NK928
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 3,592 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-10-1979
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.