NORMAL SITUATION

SOFTWARE DEVELOPMENTS

Financial year 2022 · closed on 31/12/2022
Net result
103,9 k €
+29236.9% YoY
Gross margin
357,4 k €
Equity
1,0 M €
+11.1% YoY

Company — Normal situation.

What does SOFTWARE DEVELOPMENTS do?

SOFTWARE DEVELOPMENTS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.482.411
Legal form
Public limited company
Contributed capital
812 000,00 €
Latest accounts
31/12/2022
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202220212015201420132012201120102009200820072006
Income statement
Gross margin357,4 k €1,5 M €1,4 M €1,6 M €1,6 M €
EBITDA356,3 k €61,5 k €110,9 k €4,5 k €78,2 k €87,4 k €62,2 k €79,0 k €116,9 k €160,4 k €250,2 k €169,8 k €
Operating result362,0 k €-16,8 k €89,4 k €-19,4 k €49,9 k €30,9 k €8,5 k €23,0 k €27,9 k €59,1 k €69,9 k €75,3 k €
Net result103,9 k €354,2 €18,3 k €24,0 k €4,2 k €18,1 k €13,3 k €10,7 k €17,9 k €23,9 k €9,6 k €44,3 k €
Balance sheet
Equity1,0 M €940,4 k €993,9 k €975,6 k €951,6 k €947,4 k €929,3 k €915,9 k €518,3 k €500,3 k €476,5 k €466,8 k €
Total assets1,1 M €966,5 k €3,2 M €2,9 M €2,6 M €2,6 M €2,9 M €2,8 M €2,6 M €2,7 M €2,2 M €2,8 M €
Cash52,6 k €116,8 k €426,3 k €614,9 k €416,6 k €399,2 k €401,1 k €401,6 k €333,9 k €362,9 k €423,6 k €291,9 k €
Debts26,1 k €11,1 k €2,0 M €1,8 M €1,5 M €1,5 M €1,8 M €1,7 M €2,0 M €2,0 M €1,7 M €2,2 M €
Other
Workforce30,3 ETP23,8 ETP26,1 ETP28,6 ETP25,1 ETP22,0 ETP24,3 ETP22,4 ETP20,3 ETP21,1 ETP22,7 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 16 ended

Active mandates

Cennini Holding

Voorzitter van de Raad van Bestuur · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by Leo Claeys

Active
NABUCO

Gedelegeerd bestuurder · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by Edward Claeys

Active

Ended mandates

Cennini Holding

Chairman of the board of directors · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by Leo Claeys

Ended
Cennini Holding

Chairman of the board of directors · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by CLAEYS LEO

Ended
NABUCO

Managing director · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by Edward Claeys

Ended
NABUCO

Managing director · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by CLAEYS EDWARD

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202331/08/202231/08/202129/06/202003/07/201903/07/2018
General meeting05/06/202306/06/202207/06/202101/06/202003/06/201904/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

40 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202205/06/202325/08/2023DutchPDF
Full model31/12/202106/06/202231/08/2022DutchPDF
Full model31/12/202007/06/202131/08/2021DutchPDF
Full model31/12/201901/06/202029/06/2020DutchPDF
Full model31/12/201803/06/201903/07/2019DutchPDF
Full model31/12/201704/06/201803/07/2018DutchPDF
Full model31/12/201605/06/201704/07/2017DutchPDF
Full model31/12/201506/06/201605/07/2016DutchPDF
Full model31/12/201415/06/201515/07/2015DutchPDF
Full model31/12/201302/06/201427/06/2014DutchPDF
Full model31/12/201214/05/201328/05/2013DutchPDF
Full model31/12/201104/06/201226/06/2012DutchPDF
Full model31/12/201011/05/201120/05/2011DutchPDF
Abridged model31/12/200907/06/201001/07/2010DutchPDF
Abridged model31/12/200801/06/200931/07/2009DutchPDF
Abridged model31/12/200723/06/200825/07/2008DutchPDF
Abridged model31/12/200625/06/200716/07/2007DutchPDF
Abridged model31/12/200528/04/200604/05/2006DutchPDF
Abridged model31/12/200406/06/200514/07/2005DutchPDF
Abridged model31/12/200307/06/200429/06/2004DutchPDF
Abridged model31/12/200202/06/200326/06/2003DutchPDF
Abridged model31/12/200103/06/200206/06/2002DutchPDF
Abridged model31/12/200006/06/200111/06/2001DutchPDF
Abridged model30/06/199925/11/199924/12/1999DutchPDF

View all 40 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 16 ended

Active mandates

Cennini Holding

Voorzitter van de Raad van Bestuur · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by Leo Claeys

Active
NABUCO

Gedelegeerd bestuurder · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by Edward Claeys

Active

Ended mandates

Cennini Holding

Chairman of the board of directors · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by Leo Claeys

Ended
Cennini Holding

Chairman of the board of directors · since 02 juin 2020 · until 02 juin 2026 · 0429.214.904

Represented by CLAEYS LEO

Ended
NABUCO

Managing director · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by Edward Claeys

Ended
NABUCO

Managing director · since 02 juin 2020 · until 02 juin 2026 · 0456.714.404

Represented by CLAEYS EDWARD

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022103,9 k €
  2. 2021
    Annual accounts 2021354,2 €
  3. 2015
    Annual accounts 201518,3 k €
  4. 2014
    Annual accounts 201424,0 k €
  5. 2013
    Annual accounts 20134,2 k €
  6. 2012
    Annual accounts 201218,1 k €
  7. 2011
    Annual accounts 201113,3 k €
  8. 2010
    Annual accounts 201010,7 k €
  9. 2009
    Annual accounts 200917,9 k €
  10. 2008
    Annual accounts 200823,9 k €
  11. 2007
    Annual accounts 20079,6 k €
  12. 2006
    Annual accounts 200644,3 k €