ACTIVE

Software Improvement Group Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result
197,2 k €
+34,4 %over 1 year
Gross margin
415,2 k €
-8,7 %over 1 year
Equity
442,6 k €
+80,3 %over 1 year
Workforce
1,6 ETP
-40,7 %over 1 year

Identity

Source · BCE/KBO

Software Improvement Group Belgium is a Private limited company incorporated in 2017. Its main activity is: Other software publishing. Its registered office is in Bruxelles. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0675.346.365
Incorporation
02/05/2017
Legal form
Private limited company
Registered office
Rue des Colonies 11
1000 Bruxelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
1,6 ETP
Joint committees (2)
  • 200
  • 2000
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin415,2 k €454,9 k €451,9 k €––
EBITDA253 k €193,5 k €169,5 k €34,5 k €-39,9 k €
Operating result253 k €193,5 k €169,4 k €34,4 k €-40,3 k €
Net result197,2 k €146,7 k €122,9 k €28,4 k €-46,6 k €
Balance sheet
Equity442,6 k €245,5 k €98,8 k €-24,1 k €-52,5 k €
Total assets895,1 k €718,7 k €696,6 k €448 k €360,9 k €
Cash10,3 k €324,1 k €80,7 k €298,1 k €104,9 k €
Debts359,8 k €197,9 k €151 k €189,1 k €258,3 k €
Other
Workforce1,6 ETP2,7 ETP3,0 ETP3,4 ETP3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Robert Pijselman

Director · since 23 juillet 2018

Active

Ended mandates

Robert Pijselman

Bestuurder · since 23 juillet 2018

Ended
Robert Pijselman

Manager · since 23 juillet 2018

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/06/202616/05/202505/09/202419/06/202330/05/202204/06/2021
General meeting06/05/202607/05/202530/08/202403/05/202304/05/202205/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/05/202602/06/2026DutchPDF
Abridged model31/12/202407/05/202516/05/2025DutchPDF
Abridged model31/12/202330/08/202405/09/2024DutchPDF
Full model31/12/202203/05/202319/06/2023DutchPDF
Full model31/12/202104/05/202230/05/2022DutchPDF
Full model31/12/202005/05/202104/06/2021DutchPDF
Full model31/12/201929/05/202028/06/2020DutchPDF
Full model31/12/201802/05/201914/06/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Robert Pijselman

Director · since 23 juillet 2018

Active

Ended mandates

Robert Pijselman

Bestuurder · since 23 juillet 2018

Ended
Robert Pijselman

Manager · since 23 juillet 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office28/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/05/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025197,2 k €↑
  2. 2024
    Annual accounts 2024146,7 k €↑
  3. 2023
    Annual accounts 2023122,9 k €↑
  4. 2022
    Annual accounts 202228,4 k €↑
  5. 2021
    Annual accounts 2021-46,6 k €
  6. 02/05/2017
    IncorporationPrivate limited company