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SHOWPAD

Active
Public limited companyfounded 201115 yrs activeMoutstraat 62, 9000 Gent, BelgiumKBO/BCE: BE 0836.159.992
Summary

SHOWPAD has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105.55M and a net result of €10.34M. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 85% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2021
Profitability85▲+26
Solvency100▲+6
Growth73▲+5
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.89 in 2021; short-term debt: 6% and cash: 2.4% of total assets), and 24% 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
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 2025
Solvency, return and age of the figures
Solvency
76%
Return on assets
7.4%
Age of the figures
20 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 23-06-2025, 69 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
not confirmed
2025
69 d early
2024
59 d early
2023
56 d early
2022
55 d early
2021
55 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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, full schema, statutory accounts

Turnover
€39.85M▲ 34.2%
2021 · €29.69M
2020: €25.35Mlowest value 2021: €29.69M▲ +17.1% vs 2020 2025: €39.85Mhighest value
2020 → 2025
EBIT margin
2.0%▲ 13.1pp
2021 · -11.1%
2020: -70.0%lowest value 2021: -11.1%▲ +84.1% vs 2020 2025: 2.0%highest value
2020 → 2025
Net result
€10.34M
2021 · €-6.88M
2020: €-11.55Mlowest value 2021: €-6.88M▲ +40.4% vs 2020 2025: €10.34Mhighest value
2020 → 2025
Working capital
€10.82M▲ 21.2%
2021 · €8.93M
2020: €14.82Mhighest value 2021: €8.93M▼ -39.8% vs 2020lowest value 2025: €10.82M
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202020212025Trend
Turnover€25.35M-€29.69M▲ 17.1%€39.85M▲ 34.2% 2020: €25.35Mlowest value 2021: €29.69M▲ +17.1% vs 2020 2025: €39.85Mhighest value
Equity€96.12M-€89.28M▼ 7.1%€105.55M▲ 18.2% 2020: €96.12M 2021: €89.28M▼ -7.1% vs 2020lowest value 2025: €105.55Mhighest value
Operating result€-17.74M-€-3.30M▲ 81.4%€799k 2020: €-17.74Mlowest value 2021: €-3.30M▲ +81.4% vs 2020 2025: €799khighest value
Net result€-11.55M-€-6.88M▲ 40.4%€10.34M 2020: €-11.55Mlowest value 2021: €-6.88M▲ +40.4% vs 2020 2025: €10.34Mhighest value
Result per fiscal year
Operating resultNet result
€-20.00M€-10.00M€0€10.00MOperating result 2020: €-17.74M€-17.74MNet result 2020: €-11.55M€-11.55MOperating result 2021: €-3.30M€-3.30MNet result 2021: €-6.88M€-6.88MOperating result 2025: €799k€799kNet result 2025: €10.34M€10.34M202020212025€-20M€-10M€0€10MOperating result 2020: €-17.74M€-18MNet result 2020: €-11.55M€-12MOperating result 2021: €-3.30M€-3.3MNet result 2021: €-6.88M€-6.9MOperating result 2025: €799k€799kNet result 2025: €10.34M€10M202020212025
The operating result is €799k in 2025, compared with €-3.30M in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2021 as the grey bar beneath
Assets €138.97M
Fixed assets €119.78M ▲ 8.8%
Current assets €19.19M ▲ 1.2%
Equity and liabilities €138.97M
Equity €105.55M ▲ 18.2%
Debt €33.41M ▼ 15.9%
Debt's share of the balance-sheet total falls from 30.8% to 24.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2021
EBITDA
€8.81M▲
2021 · €4.59M
Cash flow
€18.36M▲
2021 · €1.01M
Current ratio
2.29▲
2021 · 1.89
Debt to equity
0.32▲
2021 · 0.13
ROE
9.8%▲
2021 · -7.7%
ROA
7.4%▲
2021 · -5.3%
Interest coverage
67.73▲
2021 · 4.31
Debt ≤ 1 year
€8.37M▼
2021 · €10.04M
Income taxes
€501k▲
2021 · €-237k
Staff costs
€16.93M
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 2021 · 75 lines
Balance sheet Code20212025
Assets
Total assets20/58€129.01M€138.97M▲
Fixed assets21/28€110.05M€119.78M▲
Intangible fixed assets21€17.81M€12.16M▼
Tangible fixed assets22/27€1.09M€326k▼
Plant, machinery and equipment23-€6k
Furniture and vehicles24-€204k
Other tangible fixed assets26-€83k
Assets under construction and advance payments27-€33k
Financial fixed assets28€91.15M€107.30M▲
Affiliated companies280/1-€107.01M
Participating interests280-€71k
Amounts receivable281-€106.94M
Other financial fixed assets284/8-€288k
Amounts receivable and cash guarantees285/8-€288k
Current assets29/58€18.97M€19.19M▲
Amounts receivable within one year40/41€9.66M€12.84M▲
Trade receivables40-€11.93M
Other amounts receivable41-€907k
Current investments50/53€321k€348k▲
Other investments51/53-€348k
Cash at bank and in hand54/58€7.82M€3.33M▼
Deferred charges and accrued income490/1-€2.67M
Equity and liabilities
Total equity and liabilities10/49€129.01M€138.97M▲
Equity10/15€89.28M€105.55M▲
Contributions10/11€14.24M€140.66M▲
Capital10-€14.58M
Issued capital100-€14.58M
Outside capital11-€126.08M
Share premium1100/10-€126.08M
Reserves13-€517k
Non-distributable reserves130/1-€517k
Legal reserve130-€517k
Profit (loss) carried forward14€-44.62M€-35.63M▲
Amounts payable17/49€39.73M€33.41M▼
Amounts payable after more than one year17€11.50M-
Amounts payable within one year42/48€10.04M€8.37M▼
Trade debts44€2.54M€2.04M▼
Suppliers440/4-€2.04M
Taxes, remuneration and social security45-€2.75M
Taxes450/3-€457k
Remuneration and social security454/9-€2.29M
Other amounts payable47/48-€3.57M
Accrued charges and deferred income492/3-€25.05M
Income statement Code20212025
Operating income70/76A-€64.61M
Turnover70€29.69M€39.85M▲
Own construction capitalised72-€7.57M
Other operating income74-€17.19M
Operating charges60/66A-€63.81M
Services and other goods61-€38.66M
Remuneration, social security and pensions62-€16.93M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.89M€8.01M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8-€52k
Non-recurring operating charges66A-€153k
Operating profit (loss)9901€-3.30M€799k▲
Financial income75/76B-€10.22M
Recurring financial income75€5.39M€10.22M▲
Income from financial fixed assets750-€10.12M
Income from current assets751-€8k
Other financial income752/9-€89k
Financial charges65/66B-€176k
Recurring financial charges65€9.07M€176k▼
Debt charges650€1.07M€130k▼
Other financial charges652/9-€46k
Profit (loss) for the period before taxes9903€-7.12M€10.84M▲
Income taxes67/77€-237k€501k▲
Taxes670/3-€941k
Tax adjustments and reversals of tax provisions77-€440k
Profit (loss) for the period9904€-6.88M€10.34M▲
Profit (loss) for the period to be appropriated9905€-6.88M€10.34M▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-35.11M
Profit (loss) brought forward from the previous period14P-€-45.45M
Transfer to equity691/2-€517k
To the legal reserve6920-€517k
Social balance
Average headcount (FTE)9087-114.7

The notes to these accounts (65 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line202020212025Change
Operating income70/76A--€64.61M-
Turnover70€25.35M€29.69M€39.85M-
Own construction capitalised72--€7.57M-
Other operating income74--€17.19M-
Operating charges60/66A--€63.81M-
Services and other goods61--€38.66M-
Remuneration, social security and pensions62--€16.93M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.50M€7.89M€8.01M-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€4k-
Other operating charges640/8--€52k-
Non-recurring operating charges66A--€153k-
Operating profit (loss)9901€-17.74M€-3.30M€799k-
Financial income75/76B--€10.22M-
Recurring financial income75€7.04M€5.39M€10.22M-
Income from financial fixed assets750--€10.12M-
Income from current assets751--€8k-
Other financial income752/9--€89k-
Financial charges65/66B--€176k-
Recurring financial charges65€257k€9.07M€176k-
Debt charges650€98k€1.07M€130k-
Other financial charges652/9--€46k-
Profit (loss) for the period before taxes9903€-11.55M€-7.12M€10.84M-
Income taxes67/77€3k€-237k€501k-
Taxes670/3--€941k-
Tax adjustments and reversals of tax provisions77--€440k-
Profit (loss) for the period9904€-11.55M€-6.88M€10.34M-
Profit (loss) for the period to be appropriated9905€-11.55M€-6.88M€10.34M-
Line202020212025Change
Assets
Total assets20/58€120.27M€129.01M€138.97M-
Fixed assets21/28€98.36M€110.05M€119.78M-
Intangible fixed assets21€19.26M€17.81M€12.16M-
Tangible fixed assets22/27€1.06M€1.09M€326k-
Plant, machinery and equipment23--€6k-
Furniture and vehicles24--€204k-
Other tangible fixed assets26--€83k-
Assets under construction and advance payments27--€33k-
Financial fixed assets28€78.04M€91.15M€107.30M-
Affiliated companies280/1--€107.01M-
Participating interests280--€71k-
Amounts receivable281--€106.94M-
Other financial fixed assets284/8--€288k-
Amounts receivable and cash guarantees285/8--€288k-
Current assets29/58€21.91M€18.97M€19.19M-
Amounts receivable within one year40/41€9.12M€9.66M€12.84M-
Trade receivables40--€11.93M-
Other amounts receivable41--€907k-
Current investments50/53€204k€321k€348k-
Other investments51/53--€348k-
Cash at bank and in hand54/58€11.27M€7.82M€3.33M-
Deferred charges and accrued income490/1--€2.67M-
Equity and liabilities
Total equity and liabilities10/49€120.27M€129.01M€138.97M-
Equity10/15€96.12M€89.28M€105.55M-
Contributions10/11€14.24M€14.24M€140.66M-
Capital10--€14.58M-
Issued capital100--€14.58M-
Outside capital11--€126.08M-
Share premium1100/10--€126.08M-
Reserves13--€517k-
Non-distributable reserves130/1--€517k-
Legal reserve130--€517k-
Profit (loss) carried forward14€-37.73M€-44.62M€-35.63M-
Amounts payable17/49€24.15M€39.73M€33.41M-
Amounts payable after more than one year17-€11.50M--
Amounts payable within one year42/48€7.09M€10.04M€8.37M-
Trade debts44€3.11M€2.54M€2.04M-
Suppliers440/4--€2.04M-
Taxes, remuneration and social security45--€2.75M-
Taxes450/3--€457k-
Remuneration and social security454/9--€2.29M-
Other amounts payable47/48--€3.57M-
Accrued charges and deferred income492/3--€25.05M-
Line202020212025Change
Profit (loss) for the period9904€-11.55M€-6.88M€10.34M-
+ Depreciation and write-downs630€6.50M€7.89M€8.01M-
Operating cash flow (approximation)€-5.06M€1.01M€18.36M-
Investment in fixed assets (approximation)-€-19.58M--
Change in cash-€-3.45M--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-12
State Gazette act Capital & shares · Statutes amendment
Capital6 facts ▸
  • General meeting, 18-11-2025
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Capital, €14.621.701,07
18-11
State Gazette act Resignations: Norman Fiore, Barend Van den Brande and 3 others
Appointments: Rob Amen, Kevin Collins and Adam Hirsch9 facts ▸
  • General meeting, 20/10/2025
  • Director resignation, Norman Fiore (director)
  • Director resignation, Barend Van den Brande (director)
  • Director resignation, Teddie Wardi (director)
  • Director resignation, 3SMS BV (director)
  • Director resignation, Ninnip BV (director)
  • Director appointment, Rob Amen (director)
  • Director appointment, Kevin Collins (director)
  • Director appointment, Adam Hirsch (director)
01-09
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment5 facts ▸
  • General meeting, 22/07/2025
  • Capital increase
  • Capital, €14.621.701,07
  • Statutes amendment, Artikel 5
  • Power of attorney, Matthieu Poppe
29-07
State Gazette act Reappointments: 3SMS BV, Ninnip BV and 2 others
Permanent representatives: Pieterjan Bouten, Louis Jonckheere and Paul Eelen · Appointments: Norman Fiore (director) and Ernst en Young Bedrijfsrevisoren BV (statutory auditor)13 facts ▸
  • General meeting, 13/06/2024
  • Director reappointment, 3SMS BV (director)
  • Director reappointment, Ninnip BV (director)
  • Director reappointment, Barend Van den Brande (director)
  • Board meeting, 06/05/2025
  • Permanent representative, Pieterjan Bouten
  • Permanent representative, Louis Jonckheere
  • General meeting, 21/05/2025
  • Director appointment, Norman Fiore (director)
  • Director reappointment, Teddie Wardi (director)
  • General meeting, 12/06/2025
  • Auditor appointment, Ernst en Young Bedrijfsrevisoren BV (statutory auditor)
  • +1 further facts in this act
24-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
23-06
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
11-03
State Gazette act Capital & shares · Resignations & appointments · Miscellaneous
Share issue · Capital increase · Capital11 facts ▸
  • Board meeting, 18/02/2025
  • Share issue, uitgifte van 2.300.000 inschrijvingsrechten (2025-1 Inschrijvingsrechten)
  • Capital increase
  • Share issue, vaststelling uitoefening 867 inschrijvingsrechten (659 uit Globaal Plan 2021, 208 uit Plan 2022-11)
  • Capital, €14.579.834,13
  • Reserve creation, boeking uitgiftepremie op onbeschikbare reserverekening
  • Statutes amendment
  • Power of attorney
  • Power of attorney
  • Pre-emptive right lifted, opheffing wettelijk voorkeurrecht bestaande aandeelhouders
  • Capital booking, boeking opbrengst volstorting op rekening kapitaal
31-01
Financial Back to profitnet €10.34M
Net result €10.34M after 2 loss-making years.
31-01
Financial Equity above €100MEq €105.55M ▲18.2%
Equity rises from €89.28M to €105.55M.
2024
17-09
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Power of attorney13 facts ▸
  • General meeting, 31/07/2024
  • Capital increase, €161.227,7
  • Capital, €14.579.661,08
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, NOTAS, geassocieerde notarissen
  • Power of attorney, SGS Consulting BV
  • Power of attorney, Matt Miller
  • Power of attorney, NOTAS, geassocieerde notarissen
  • Power of attorney, Cleary Gottlieb Steen & Hamilton LLP
  • Power of attorney, Raad van Bestuur
  • Preemptive rights lifted, ja
  • +1 further facts in this act
16-09
State Gazette act Capital & shares · Miscellaneous
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 03/07/2024
  • Capital increase
  • Capital, €14.418.433,38
  • Statutes amendment
03-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
Show earlier events
03-07
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
2023
25-10
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 14/09/2023
  • Capital increase
  • Capital, €14.417.902,24
  • Statutes amendment, Artikel 5
01-08
State Gazette act Capital & shares · Statutes amendment
Share issue · Capital increase · Capital12 facts ▸
  • Board meeting, 12/07/2023
  • Share issue, uitgifte van vier miljoen zevenhonderdvijftigduizend (4.750.000) inschrijvingsrechten ... die elk recht geven om in te schrijven op één (1) Klasse A Aandeel
  • Capital increase
  • Capital increase
  • Capital increase
  • Capital, €14.408.907,47
  • Statutes amendment, Artikel 5
  • Power of attorney
  • Power of attorney
  • Option cancellation
  • Preemption waiver, uitgifte van de 2023-I Inschrijvingsrechten
  • Authorised capital, EUR, 12.744.516,00
06-07
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
06-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
09-05
State Gazette act Resignations: Schütz LLC (onafhankelijke niet uitvoerende bestuurder) and 3SMS BV (managing director)
Appointments: SGSC BV, 3SMS BV and Ernst & Young Bedrijfsrevisoren CVBA · Permanent representatives: Hendrik Isebaert, Pieterjan Bouten and Paul Eelen · Reappointment: Norman Fiore (director)12 facts ▸
  • Board meeting, 30/03/2023
  • General meeting, 09/06/2022
  • Director resignation, Schütz LLC (onafhankelijke niet uitvoerende bestuurder)
  • Director resignation, 3SMS BV (managing director)
  • Director appointment, SGSC BV (day-to-day manager)
  • Permanent representative, Hendrik Isebaert
  • Director appointment, 3SMS BV (chair of the board)
  • Permanent representative, Pieterjan Bouten
  • Mandate compensation, 3SMS BV
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Paul Eelen
  • Director reappointment, Norman Fiore (director)
11-01
State Gazette act Capital & shares
Share issue · Capital increase · Capital11 facts ▸
  • Board meeting, 15 december 2022
  • Share issue, Uitgifte van 3.000.000 inschrijvingsrechten (2022-II Inschrijvingsrechten)
  • Capital increase
  • Capital increase
  • Capital increase
  • Capital, €14.400.352,42
  • Statutes amendment
  • Power of attorney, Hendrik Isebaert
  • Power of attorney, Hendrik Isebaert
  • Subscription rights cancellation
  • Preemption waiver, uitgifte van de 2022-II Inschrijvingsrechten
2022
22-08
State Gazette act Capital & shares · Statutes amendment
Share issue · Capital increase · Bank account6 facts ▸
  • Board meeting, 18 juli 2022
  • Share issue, Klasse A, 15489
  • Capital increase, €14.368.816,22
  • Bank account, bijzondere rekening geopend op naam van de vennootschap
  • Capital, €14.368.816,22
  • Statutes amendment, Artikel 5
08-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
07-07
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
07-07
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
02-02
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Capital4 facts ▸
  • Capital increase
  • Bank account, bijzondere rekening geopend op naam van de vennootschap
  • Capital, €14.365.718,42
  • Statutes amendment, 5
21-01
State Gazette act Statutes amendment
Share issue · Capital increase · Power of attorney8 facts ▸
  • General meeting, 18 november 2021
  • Board meeting, 18 november 2021
  • Share issue, uitgifte van twee miljoen (2.000.000) inschrijvingsrechten
  • Capital increase
  • Power of attorney, Pieterjan Bouten
  • Power of attorney, Pieterjan Bouten
  • Preemption waiver, waiver of statutory pre-emptive rights for existing shareholders regarding the 2022 subscription rights
  • Plan approval, explicit approval of the 2022 Subscription Rights Plan by the board of directors
2021
29-07
State Gazette act Capital & shares
Capital increase · Capital3 facts ▸
  • Board meeting, 23-12-2019
  • Capital increase, €114.926,74
  • Capital, €14.355.760,82
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
04-02
State Gazette act Reappointment: 3SMS BV (gedelegeerd bestuurder belast met het dagelijks bestuur)
Permanent representative: Pieterjan Bouten3 facts ▸
  • Board meeting, 21/01/2021
  • Director reappointment, 3SMS BV (gedelegeerd bestuurder belast met het dagelijks bestuur)
  • Permanent representative, Pieterjan Bouten
22-01
State Gazette act Capital & shares · Statutes amendment · Miscellaneous
Share issue · Capital increase · Power of attorney8 facts ▸
  • Board meeting, 06-01-2021
  • Share issue, uitgifte van maximaal twee miljoen (2.000.000) inschrijvingsrechten in het kader van het Globaal Inschrijvingsrechtenplan 2021
  • Capital increase
  • Power of attorney, SHOWPAD
  • Capital increase, €4.733,65
  • Capital, €14.240.834,08
  • Reserve release, onbeschikbare rekening, 34.816,13
  • Statutes amendment
2020
21-12
State Gazette act Appointment: Schiltz LLC (onafhankelijke niet uitvoerende bestuurder)
Permanent representative: Matthew James Schiltz · Mandate compensation4 facts ▸
  • General meeting, 30/11/2020
  • Director appointment, Schiltz LLC (onafhankelijke niet uitvoerende bestuurder)
  • Permanent representative, Matthew James Schiltz
  • Mandate compensation, Schiltz LLC
17-07
State Gazette act Statutes amendment · Miscellaneous
Capital increase · Share issue · Bank account6 facts ▸
  • General meeting, 24/06/2020
  • Capital increase, €795,43
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Bank account, deponering van het gestorte kapitaal
  • Capital, €14.236.100,43
  • Statutes amendment
24-03
State Gazette act Statutes amendment · Miscellaneous
Share issue · Capital increase · Power of attorney13 facts ▸
  • General meeting, 17/03/2020
  • Share issue, 389.250, tegen de uitgifte- en uitoefenvoorwaarden zoals uiteengezet in het SVB Inschrijvingsrechtenplan
  • Capital increase
  • Statutes amendment
  • Power of attorney, elke bestuurder van de vennootschap, afzonderlijk handelend
  • Board authorisation, hernieuwing machtiging tot kapitaalverhoging in één of meerdere malen, 5 jaar
  • Statutes amendment
  • Capital, €14.235.305
  • Statutes amendment
  • Statutes amendment
  • Preemption waiver, opheffing voorkeurrecht ten gunste van begunstigden van inschrijvingsrechten
  • Board authorisation, uitgifte van aandelen binnen een enkele bestaande soort van aandelen (zonder evenredige uitgifte binnen andere bestaande soorten)
  • +1 further facts in this act
24-01
State Gazette act Capital & shares
Share issue · Capital increase · Power of attorney5 facts ▸
  • Board meeting, 07/01/2020
  • Share issue, uitgifte van maximaal twee miljoen (2.000.000) inschrijvingsrechten in het kader van het Globaal Inschrijvingsrechtenplan 2020
  • Capital increase
  • Power of attorney, elke bestuurder van de vennootschap
  • Preemption waiver, opheffing voorkeurrecht bestaande aandelen
20-01
State Gazette act Capital & shares
Capital increase · Share issue · Capital6 facts ▸
  • Capital increase, €37.917,72
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €14.235.305
  • Share premium, 265279.22, uitgiftepremie
  • Statutes amendment
  • Capital payment
2019
27-12
State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Paul Eelen · Reappointments: 3SMS BVBA (director) and Van den Brande Barend (director)5 facts ▸
  • General meeting, 13/06/2019
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Paul Eelen
  • Director reappointment, 3SMS BVBA (director)
  • Director reappointment, Van den Brande Barend (director)
28-11
State Gazette act Capital & shares · Statutes amendment · Miscellaneous
Capital increase · Share issue · Capital7 facts ▸
  • Board meeting, 20-11-2019
  • Capital increase, €109.096,93
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €14.197.387,28
  • Capital deposit
  • Statutes amendment
  • Condition precedent fulfilled, kapitaalverhoging, 24-10-2014
08-08
State Gazette act Capital & shares · Miscellaneous
Capital increase · Share issue · Capital5 facts ▸
  • Capital increase, €27.988,64
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €14.088.290,35
  • Statutes amendment
  • Board meeting, 25-07-2019
02-07
State Gazette act Resignation: Jeff Horing (director)
Appointment: Teddie Wardie (director) · Permanent representatives: Pieterjan Bouten and Louis Jonckheere · Capital increase11 facts ▸
  • General meeting, 13-06-2019
  • Capital increase, €339.275,29
  • Capital increase, €1.031.396,22
  • Share issue, Globaal Warrantenplan 2019, warrants
  • Capital, €14.060.301,71
  • Director resignation, Jeff Horing (director)
  • Director appointment, Teddie Wardie (director)
  • Permanent representative, Pieterjan Bouten
  • Permanent representative, Louis Jonckheere
  • Statutes amendment
  • Capital increase
2018
24-12
State Gazette act Capital & shares · Miscellaneous
Capital increase · Share issue · Capital4 facts ▸
  • Capital increase, €8.980,79
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €12.689.630,2
  • Statutes amendment
04-09
State Gazette act Capital & shares · Statutes amendment
Warrant issue · Capital increase · Power of attorney10 facts ▸
  • Board meeting, 16/08/2018
  • Warrant issue, maximaal 900.000 warrants
  • Capital increase
  • Power of attorney, elke bestuurder van de vennootschap
  • Capital increase, €3.960,58
  • Capital, €12.680.649,41
  • Capital premium, 12.539,43, uitgiftepremie
  • Statutes amendment, Artikel 5
  • Capital deposit
  • Pre-emptive right lifted, ja
16-08
State Gazette act Statutes amendment
2 facts ▸
  • General meeting, 30-07-2018
  • Statutes amendment
13-08
State Gazette act Capital & shares · Statutes amendment
Approval · Capital increase · Capital5 facts ▸
  • Board meeting
  • Approval, goedkeuring van het bijzonder verslag van de raad van bestuur en het verslag van de commissaris
  • Capital increase, €315.368
  • Capital, €12.676.688,83
  • Statutes amendment
15-06
State Gazette act Capital & shares
Capital increase · Capital · Bank account6 facts ▸
  • Board meeting, 31/05/2018
  • Capital increase, €1.452.092
  • Capital, €12.361.320,83
  • Bank account, Deposito attest voor gestort kapitaal
  • Statutes amendment
  • Pre emption lifting, Approved by board and commissioner reports
05-06
State Gazette act Capital & shares
Share issue · Capital increase · Power of attorney6 facts ▸
  • Board meeting, 03/05/2018
  • Share issue, Globaal Warrantenplan 2018, 1.200.000
  • Capital increase
  • Power of attorney, elke bestuurder van de vennootschap, afzonderlijk handelend
  • Preemptive rights lift, opgeheven
  • Warrant offer, Key People van de Groepsvennootschappen, tot en met vijf (5) jaar na de datum van uitgifte
13-04
State Gazette act Resignation: Louis Jonckheere (director)
Appointment: Ninnip (director) · Mandate compensation4 facts ▸
  • General meeting, 31/01/2018
  • Director resignation, Louis Jonckheere (director)
  • Director appointment, Ninnip (director)
  • Mandate compensation, Ninnip
04-04
State Gazette act Capital & shares
Capital increase · Share issue · Capital6 facts ▸
  • General meeting, 22/02/2018
  • Capital increase, €483.742
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €10.909.228,83
  • Statutes amendment, 5
  • Bank account, attest van deponering van het gestorte kapitaal
31-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 21/12/2017
  • Capital increase, €18.149,56
  • Share issue, nieuwe aandelen van klasse A, met dezelfde rechten en voordelen als de bestaande aandelen van klasse A
  • Capital, €10.425.486,83
  • Statutes amendment
30-01
State Gazette act Capital & shares
Capital increase · Share issue · Capital4 facts ▸
  • Capital increase, €1.212.992
  • Share issue, Klasse D, 6.078.473
  • Capital, €10.407.337,27
  • Statutes amendment
2017
28-11
State Gazette act Capital & shares
Statutes amendment · Share issue · Capital increase10 facts ▸
  • General meeting, 03/11/2017
  • Statutes amendment
  • Share issue, 2677423, Uitgifteprijs: 0 EUR. Uitoefenprijs: 2,01 EUR per warrant. Looptijd: 5 jaar. Opheffing voorkeurrecht.
  • Capital increase
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, Raad van Bestuur
  • Share issue, 25% per calendar year for 4 years following the year of offer
  • Share issue, 1st to 15th May and 1st to 15th November each calendar year
  • Share issue, Non-transferable
04-07
State Gazette act Capital & shares · Miscellaneous
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 06/06/2017
  • Capital increase, €56.114,98
  • Capital, €9.194.345,27
  • Statutes amendment
07-02
State Gazette act Capital & shares
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 28/12/2016
  • Capital increase, €13.669,55
  • Share issue, nieuwe aandelen van klasse A
  • Capital, €9.138.230,29
  • Statutes amendment
2016
14-12
State Gazette act Permanent representatives: Margaretha Verhaest and Jacob Quartier
Power of attorney · Mandate compensation6 facts ▸
  • Power of attorney, CasaMetis bvba
  • Permanent representative, Margaretha Verhaest
  • Power of attorney, CSQ bvba
  • Permanent representative, Jacob Quartier
  • Mandate compensation, CasaMetis bvba
  • Mandate compensation, CSQ bvba
29-09
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 22/07/2015
  • Capital increase, €13.587,33
  • Capital, €9.124.560,74
  • Statutes amendment
07-06
State Gazette act Appointment: Jeff Horing (director)
Capital increase · Warrant issue · Capital10 facts ▸
  • General meeting, 11/05/2016
  • Capital increase, €2.840.144,09
  • Warrant issue, warrants, 3.208.561
  • Capital, €9.110.973,41
  • Statutes amendment
  • Director appointment, Jeff Horing (director)
  • Mandate compensation, Jeff Horing
  • Power of attorney, Raad van Bestuur
  • Share split, 1:100, 31.424.000
  • Conditional capital increase, EUR, uitoefening van deze warrants
20-05
State Gazette act Resignation: Teddie Wardie (director)
Appointments: Norman Fiore (director) and Ernst & Young Bedriífsrevisoren BV CVBA (statutory auditor) · Mandate compensation · Power of attorney6 facts ▸
  • General meeting, 28/03/2016
  • Director resignation, Teddie Wardie (director)
  • Director appointment, Norman Fiore (director)
  • Mandate compensation, Norman Fiore
  • Auditor appointment, Ernst & Young Bedriífsrevisoren BV CVBA (statutory auditor)
  • Power of attorney, DLA Piper UK LLP
2015
19-10
State Gazette act Capital & shares
General meeting1 fact ▸
  • General meeting, 07/10/2015
21-08
State Gazette act Capital & shares · Statutes amendment
Share issue · Capital increase · Power of attorney4 facts ▸
  • General meeting, 22/07/2015
  • Share issue, uitgifte van één (1) Financierderswarrant 1 en vier (4) Financierderswarranten 2
  • Capital increase
  • Power of attorney, SHOWPAD
10-07
State Gazette act Resignation: Ninnip BVBA (director)
Appointment: Louis Jonckheere (director) · Director discharge4 facts ▸
  • General meeting, 18/05/2015
  • Director resignation, Ninnip BVBA (director)
  • Director discharge, Ninnip BVBA (director)
  • Director appointment, Louis Jonckheere (director)
28-05
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 24 april 2015
  • Registered-office move, Moutstraat 62 9000 GENT
2014
19-11
State Gazette act Appointment: Teddie Wardi (director)
Statutes amendment · Capital increase · Bank account9 facts ▸
  • General meeting, 24/10/2014
  • Statutes amendment
  • Capital increase, €36.201,5
  • Bank account, KBC Bank
  • Capital increase, €6.113.709,32
  • Capital, €6.270.829,32
  • Director appointment, Teddie Wardi (director)
  • Share issue, antidilutiewarranten, 30
  • Share issue, warranten, 17913
2013
20-03
State Gazette act Resignations: Pieterjan Bouten, Louis Jonckheere and Peter Minne
Appointments: 3S Management Services BVBA, Ninnip BVBA and Barend Van den Brande · Permanent representatives: Pieterjan Bouten, Louis Jonckheere and Barend Van den Brande · Capital increase26 facts ▸
  • General meeting, 28/02/2013
  • Capital increase, €5.583,7
  • Bank account, KBC Bank NV, 1.579.628,73
  • Capital increase, €96.734,8
  • Capital, €120.918,5
  • Legal-form conversion, naamloze vennootschap
  • Director resignation, Pieterjan Bouten (statutory manager)
  • Director resignation, Louis Jonckheere (statutory manager)
  • Director resignation, Peter Minne (statutory manager)
  • Director discharge, Pieterjan Bouten
  • Director discharge, Louis Jonckheere
  • Director discharge, Peter Minne
  • +14 further facts in this act
2011
20-05
State Gazette act Incorporation
Appointments: BOUTEN Pieterjan Andreas, JONCKHEERE Louis Lucien and MINNE Peter · Founder · Founding capital12 facts ▸
  • Incorporation, 05/05/2011
  • Founder, BOUTEN Pieterjan Andreas
  • Founder, JONCKHEERE Louis Lucien
  • Founder, MINNE Peter
  • Founding capital, €18.600
  • Director appointment, BOUTEN Pieterjan Andreas (statutory manager)
  • Director appointment, JONCKHEERE Louis Lucien (statutory manager)
  • Director appointment, MINNE Peter (statutory manager)
  • Capital contribution, €6.200
  • Capital contribution, €6.200
  • Capital contribution, €6.200
  • First general meeting, 31/03/2012
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
50 of 51 acts read
About the unread acts

Of the 51 Belgian State Gazette acts we know for this company, 50 have been read. The other one 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
9 directors, last change in 2025
Adam Hirsch
Director · since 20-10-2025
Current
Kevin Collins
Director · since 20-10-2025
Current
Rob Amen
Director · since 20-10-2025
Current
SGS Consulting
Day-to-day manager · since 01-03-2022 · Private limited company · perm. rep.: Hendrik Isebaert
Current
Schiltz LLC
Onafhankelijke niet uitvoerende bestuurder · since 30-11-2020 · Legal entity · perm. rep.: Matthew James Schiltz
Current
3SMS
Director · since 28-02-2013 · Private limited company · perm. rep.: Pieterjan Bouten
Current
3 other directors
Ninnip
Director · since 28-02-2013 · Private limited company · perm. rep.: Louis Jonckheere
Current
3SMS BVBA
Director · Legal entity
Not recently confirmed
Teddie Wardie
Director · since 13-06-2019
Not recently confirmed
20-10-2025 Adam Hirsch: Appointed as Director
20-10-2025 Kevin Collins: Appointed as Director
20-10-2025 Rob Amen: Appointed as Director
20-10-2025 3SMS BV: Resigned as Director
20-10-2025 Barend Van den Brande: Resigned as Director
Full history in the Timeline (40 changes) →
Not every act has been read: a resignation may be missing here
1 of this company's 51 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
1,372 m²
Volume, LiDAR
38,274 m³
Parcel 44808H0324/00F000, Flanders · tallest building 32.4 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
SHOWPAD
Moutstraat 62, 9000 GentComputer programming, consultancy and related activities
since 20112.199.301.190
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0324/00F000 Flanders 2.0 ha 1 · 1,372 m² 32.4 m · 9 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
Ernst et Young Reviseurs d'EntreprisesCurrent
Statutory auditor · represented by Paul Eelen
20-05-2016 → present

Articles of association

Daily management
“De Raad van Bestuur kan het dagelijks bestuur van de Vennootschap opdragen aan één persoon.”
Purpose
Zowel in België als in het buitenland, voor eigen rekening, als tussenpersoon, voor rekening van derden, of in deelneming met derden, prestaties te verrichten die rechtstreeks of…
Full purpose

Zowel in België als in het buitenland, voor eigen rekening, als tussenpersoon, voor rekening van derden, of in deelneming met derden, prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op: Het technisch ontwikkelen van mobiele en online websites, applicaties en bijhorende technologieën in de ruime zin van het woord. Grafisch design in de ruime zin van het woord. De creatie, ontwikkeling, verbetering, installatie, verkoop en/of aankoop, distributie, commercialisering, programmering en onderhoud van mobiele en online websites, applicaties en bijhorende technologieën, logo’s, grafisch beeldmateriaal, publiciteit en databasebestanden. Dit zowel voor eigen ontwikkeling als voor derden. Het aanbieden van consulting diensten die betrekking hebben op alle mogelijke adviezen of dienstenfuncties op het vlak van marketing, communicatie, strategiebepaling, mediabeheer, technische implementaties, marktonderzoek en elk ander onderwerp dat betrekking heeft op bovenstaande voorwerp-omschrijving. Consultancy, opleiding, technische expertise en bijstand op voorgenoemde gebieden. Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op dit domein actief zijn, de vertegenwoordiging en het optreden als commercieel tussenpersoon. De vennootschap kan in het kader van haar werkzaamheden overgaan tot alle handelsverrichtingen, nijverheidsverrichtingen, financiële en onroerende verrichtingen, die op enigerlei wijze kunnen bijdragen tot de verwezenlijking van haar voorwerp. Deze opsomming is niet beperkend. De vennootschap mag ten voordele van derden met wie enige juridische band bestaat, zowel in België als in het buitenland tevens alle waarborgen toestaan, alle roerende goederen verpanden, alle onroerende goederen met hypotheek bezwaren. De vennootschap mag, zowel in binnen- als buitenland, alle daden van industriële, financiële, roerende en onroerende aard stellen, alle handelsverrichtingen en over het algemeen alle ondernemingen tot stand brengen die rechtstreeks of onrechtstreeks verband houden met het voorwerp en de verwezenlijking ervan te bevorderen. Zij kan, onder meer bij wijze van inbreng, fusie, overdracht, deelneming, inschrijving, financieel akkoord of op andere wijze belangen nemen in alle bestaande of op te richten vennootschappen, zowel in België als in het buitenland, die een zelfde, een gelijkaardig of een verwant voorwerp nastreven of die haar ontwikkeling kunnen bevorderen.

Structure & network

Connections & network

1 connected company
Linked via shared directors
Food Safety Group
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
After 3 capital increases act of 02-07-2019 ↗
  • HB&Q Private Privak NV
  • Insight Venture Partners (Delaware) IX, L.P.
  • Insight Venture Partners IX, L.P.
  • Insight Venture Partners (Cayman) IX, L.P.
  • Insight Venture Partners IX (Co-Investors), L.P
  • Dawn Showpad (II) Holding Ltd
After the capital increase act of 13-08-2018 ↗
  • Vishal Shah
  • Ethan Linkner
After 2 capital increases act of 20-03-2013 ↗
  • Hummingbird Arkiv NV (BE 0839.075.932) 53,025 shares · 1,500,077.25 EUR
  • Bert den Hartog 2,812 shares · 79,551.48 EUR
At incorporation act of 20-05-2011 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 05-12-2025 Capital stated in the act · 14,621,701.07 EUR · 73,271,012 shares
  2. 01-09-2025 Capital increase · 209,800 new shares
  3. 11-03-2025 Capital stated in the act · 14,579,834.13 EUR · 73,061,212 shares
  4. 17-09-2024 Capital increase of 161,227.70 EUR · to 14,579,661.08 EUR · 807,754 new shares
  5. 16-09-2024 Capital increase · 2,661 new shares
  6. 25-10-2023 Capital increase · 45,064 new shares
  7. 01-08-2023 Capital stated in the act · 14,408,907.47 EUR
  8. 11-01-2023 Capital increase · 125,168 new shares
Show 28 older capital entries
  1. 11-01-2023 Capital increase · 32,829 new shares
  2. 22-08-2022 Capital increase · to 14,368,816.22 EUR
  3. 02-02-2022 Capital increase · 49,788 new shares
  4. 29-07-2021 Capital increase of 114,926.74 EUR · to 14,355,760.82 EUR · 575,914 new shares
  5. 22-01-2021 Capital increase of 4,733.65 EUR · to 14,240,834.08 EUR
  6. 17-07-2020 Capital increase of 795.43 EUR · to 14,236,100.43 EUR · 3,986 new shares
  7. 24-03-2020 Capital stated in the act · 14,235,305 EUR
  8. 20-01-2020 Capital increase of 37,917.72 EUR · to 14,235,305 EUR · 190,011 new shares
  9. 28-11-2019 Capital increase of 109,096.93 EUR · to 14,197,387.28 EUR · 546,700 new shares · “uitoefening van 5.467 Serie B Warrants”
  10. 08-08-2019 Capital increase of 27,988.64 EUR · to 14,088,290.35 EUR · 140,255 new shares
  11. 02-07-2019 Capital increase of 339,275.29 EUR · to 13,028,905.49 EUR · in kind
  12. 02-07-2019 Capital increase of 1,031,396.22 EUR · to 14,060,301.71 EUR · in cash
  13. 24-12-2018 Capital increase of 8,980.79 EUR · to 12,689,630.20 EUR · 45,004 new shares
  14. 04-09-2018 Capital increase of 3,960.58 EUR · 19,847 new shares
  15. 13-08-2018 Capital increase of 315,368 EUR · to 12,676,688.83 EUR · in kind
  16. 15-06-2018 Capital increase of 1,452,092 EUR · to 12,361,320.83 EUR
  17. 04-04-2018 Capital increase of 483,742 EUR · to 10,909,228.83 EUR
  18. 31-01-2018 Capital increase of 18,149.56 EUR · to 10,425,486.83 EUR · 90,950 new shares
  19. 30-01-2018 Capital increase of 1,212,992 EUR · to 10,407,337.27 EUR
  20. 04-07-2017 Capital increase of 56,114.98 EUR · to 9,194,345.27 EUR · 281,200 new shares
  21. 07-02-2017 Capital increase of 13,669.55 EUR · to 9,138,230.29 EUR · 68,500 new shares
  22. 29-09-2016 Capital increase of 13,587.33 EUR · to 9,124,560.74 EUR
  23. 07-06-2016 Capital increase of 2,840,144.09 EUR · to 9,110,973.41 EUR
  24. 19-11-2014 Capital increase of 36,201.50 EUR · to 157,120 EUR · 72,403 new shares
  25. 19-11-2014 Capital increase of 6,113,709.32 EUR · to 6,270,829.32 EUR · no new shares · from reserves
  26. 20-03-2013 Capital increase of 5,583.70 EUR · to 24,183.70 EUR · 55,837 new shares · in cash
  27. 20-03-2013 Capital increase of 96,734.80 EUR · to 120,918.50 EUR · from reserves
  28. 20-05-2011 Incorporation · 18,600 EUR · 186,000 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 10,467 EUR awarded · 10,467 EUR paid
Year Entries awardedpaid
2025 1 332 EUR332 EUR
2024 1 2,326 EUR2,326 EUR
2023 1 4,735 EUR4,735 EUR
2022 1 3,074 EUR3,074 EUR
Schemes
Vlaams opleidingsverlof (VOV)
4 entries · 10,467 EUR · 10,467 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

894500UYRN65RZIXSF11
live in the LEI register

Similar companies · same sector, comparable size

Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded10-05-2011
Fiscal year end31-01
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.