ACTIVE

SOFTWARE AND STUDIES IN ENERGY

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Financial year 2025 · closed on 31/12/2025

Net result

-2,1 k €

+39.7% YoY

Gross margin

7,7 k €

+231.2% YoY

Equity

46,5 k €

-4.3% YoY

What does SOFTWARE AND STUDIES IN ENERGY do?

SOFTWARE AND STUDIES IN ENERGY is a General partnership incorporated in 1991. Its main activity is: Computer consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.106.472

Incorporation

29/07/1991

Legal form

General partnership

Registered office

Avenue des Gerfauts 10 box 34
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

6 453,22 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities

Signals

Solid equityLow riskGood liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	7,7 k €	+231%	2,3 k €	+117%	-13,6 k €	-131%	44,3 k €	+16.5%	38 k €	+703%	4,7 k €	+215%	1,5 k €	+5.6%	1,4 k €	+249%	-957 €	+32.7%	-1,4 k €	-2.7%	-1,4 k €	-462%	382 €	-82.9%	2,2 k €	-48.1%	4,3 k €	+212%	1,4 k €	+444%	-399,5 €	+93.2%	-5,8 k €	-401%	-1,2 k €	-111%	10,7 k €	+207%	-10 k €
EBITDA	5,4 k €	+320%	1,3 k €	+109%	-13,6 k €	-132%	42,2 k €	+12.7%	37,4 k €	+690%	4,7 k €	+215%	1,5 k €	+5.6%	1,4 k €	+209%	-1,3 k €	+26.3%	-1,8 k €	+2.8%	-1,8 k €	-3239%	-54,5 €	-103%	1,9 k €	-43.8%	3,5 k €	+502%	575,8 €	+142%	-1,4 k €	+79.9%	-6,7 k €	-268%	-1,8 k €	-118%	9,9 k €	+192%	-10,8 k €
Operating result	3,9 k €	+38669%	10,1 €	+100%	-13,9 k €	-133%	41,9 k €	+12.2%	37,3 k €	+689%	4,7 k €	+215%	1,5 k €	+5.6%	1,4 k €	+209%	-1,3 k €	+26.3%	-1,8 k €	+2.8%	-1,8 k €	-3239%	-54,5 €	-103%	1,8 k €	-38.2%	3 k €	+3120%	92,2 €	+102%	-4,7 k €	+52.8%	-9,9 k €	-69.0%	-5,8 k €	-198%	5,9 k €	+140%	-15 k €
Net result	-2,1 k €	+39.7%	-3,4 k €	+76.6%	-14,6 k €	-142%	34,6 k €	+17.1%	29,5 k €	+533%	4,7 k €	+225%	1,4 k €	+10.8%	1,3 k €	+267%	-776 €	+59.2%	-1,9 k €	+3.9%	-2 k €	-918%	-194,6 €	-112%	1,7 k €	-30.7%	2,4 k €	+2379%	-106,5 €	+97.8%	-4,8 k €	+51.9%	-10 k €	-61.7%	-6,2 k €	-214%	5,4 k €	+137%	-14,8 k €
Balance sheet
Equity	46,5 k €	-4.3%	48,5 k €	-6.6%	52 k €	-22.0%	66,6 k €	+108%	32 k €	+1200%	2,5 k €	+212%	-2,2 k €	+39.4%	-3,6 k €	+26.3%	-4,9 k €	-18.7%	-4,2 k €	-84.5%	-2,3 k €	-728%	-272,2 €	-251%	-77,6 €	+95.6%	-1,8 k €	+58.0%	-4,2 k €	-2.6%	-4,1 k €	-642%	753 €	-93.0%	10,8 k €	-36.5%	17 k €	+47.0%	11,6 k €
Total assets	125 k €	-0.7%	125,9 k €	+26.6%	99,5 k €	-3.5%	103,1 k €	+37.2%	75,2 k €	+2152%	3,3 k €	+478%	578 €	+26.3%	457,6 €	+281%	120 €	-97.8%	5,5 k €	-2.5%	5,6 k €	-3.3%	5,8 k €	-21.4%	7,4 k €	-1.0%	7,5 k €	-11.2%	8,4 k €	-11.1%	9,5 k €	-7.2%	10,2 k €	-50.7%	20,7 k €	-9.8%	23 k €	-1.9%	23,4 k €
Cash	–		–		14,2 k €	-65.6%	41,3 k €	+177%	14,9 k €	+105624%	14,1 €	-96.7%	428,1 €	+75.9%	243,4 €		–		–		100,5 €	-80.4%	512,4 €		–		682,4 €	-48.5%	1,3 k €		–		1,2 k €	-56.2%	2,7 k €	+66.7%	1,6 k €		–
Debts	78,5 k €	+2.7%	76,4 k €	+60.9%	47,5 k €	+30.1%	36,5 k €	-13.0%	42 k €	+6380%	648,3 €	-76.7%	2,8 k €	-32.1%	4,1 k €	-19.0%	5,1 k €	-47.7%	9,7 k €	+22.3%	7,9 k €	+29.3%	6,1 k €	-18.6%	7,5 k €	-19.0%	9,3 k €	-26.7%	12,6 k €	-7.0%	13,6 k €	+43.2%	9,5 k €	-4.8%	10 k €	+65.9%	6 k €	-49.5%	11,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Pierre Brichart

Director · since 29 mars 2018

Active

Ended mandates

Pierre BRICHART

Administrator - manager · since 29 mars 2018

Ended

Marc DEROOVER

Administrator - manager · since 17 janvier 2008

Ended

Marc DEROOVER

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	02/07/2025	30/07/2024	30/08/2023	09/08/2022	25/10/2021
General meeting	15/07/2026	12/06/2025	15/07/2024	30/06/2023	09/08/2022	24/10/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/07/2026	29/07/2026	French	PDF
Micro model	31/12/2024	12/06/2025	02/07/2025	French	PDF
Micro model	31/12/2023	15/07/2024	30/07/2024	French	PDF
Micro model	31/12/2022	30/06/2023	30/08/2023	French	PDF
Micro model	31/12/2021	09/08/2022	09/08/2022	French	PDF
Micro model	31/12/2020	24/10/2021	25/10/2021	French	PDF
Micro model	31/12/2019	24/10/2021	25/10/2021	French	PDF
Micro model	31/12/2018	24/10/2021	25/10/2021	French	PDF
Micro model	31/12/2017	29/03/2018	30/03/2018	French	PDF
Micro model	31/12/2016	30/06/2017	17/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	25/07/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	07/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	09/07/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	15/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	26/07/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	06/07/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	28/06/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	25/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 1 active · 3 ended

Active mandates

Pierre Brichart

Director · since 29 mars 2018

Active

Ended mandates

Pierre BRICHART

Administrator - manager · since 29 mars 2018

Ended

Marc DEROOVER

Administrator - manager · since 17 janvier 2008

Ended

Marc DEROOVER

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/03/2025
SIEGE SOCIAL
PDF
Mandates03/03/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates26/04/2018
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/02/2008
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-2,1 k €↑
2024
Annual accounts 2024-3,4 k €↑
2023
Annual accounts 2023-14,6 k €↓
2022
Annual accounts 202234,6 k €↑
2021
Annual accounts 202129,5 k €↑
2020
Annual accounts 20204,7 k €↑
2019
Annual accounts 20191,4 k €↑
2018
Annual accounts 20181,3 k €↑
2017
Annual accounts 2017-776 €↑
2016
Annual accounts 2016-1,9 k €↑
2015
Annual accounts 2015-2 k €↓
2014
Annual accounts 2014-194,6 €↓
2013
Annual accounts 20131,7 k €↓
2012
Annual accounts 20122,4 k €↑
2011
Annual accounts 2011-106,5 €↑
2010
Annual accounts 2010-4,8 k €↑
2009
Annual accounts 2009-10 k €↓
2008
Annual accounts 2008-6,2 k €↓
2007
Annual accounts 20075,4 k €↑
2006
Annual accounts 2006-14,8 k €
29/07/1991
IncorporationGeneral partnership

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOFTWARE AND STUDIES IN ENERGY

Overview

What does SOFTWARE AND STUDIES IN ENERGY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline