ACTIVE

ADMIRALSOFT

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Financial year 2025 · closed on 31/12/2025
Net result
32,9 k €
-46.0% YoY
Gross margin
46,9 k €
-42.5% YoY
Equity
188,3 k €
+21.1% YoY

What does ADMIRALSOFT do?

ADMIRALSOFT is a Private limited company incorporated in 2005. Its main activity is: Computer programming activities. Its registered office is in Puurs-Sint-Amands.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0875.216.152
Incorporation
20/07/2005
Legal form
Private limited company
Registered office
Schoonmansveld 48
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities62020Computer consultancy activities62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin46,9 k €81,6 k €24,9 k €98,4 k €-43,3 k €8,6 k €21,8 k €48,9 k €25 k €17,3 k €-144,1 €14,9 k €2,2 k €25,7 k €7,4 k €10,7 k €63,5 k €55,8 k €76 k €55,7 k €
EBITDA45,7 k €80 k €24,2 k €97,3 k €-44,3 k €7,6 k €20 k €47,8 k €24,1 k €16,5 k €-1,1 k €13,9 k €1,2 k €24,5 k €6,5 k €9 k €43,4 k €8,5 k €26,7 k €4,5 k €
Operating result44,2 k €78,4 k €22,6 k €96 k €-46,1 k €5 k €16,8 k €45,4 k €22 k €14,4 k €-6,4 k €10,4 k €-3,3 k €20,2 k €1,6 k €8,7 k €29,8 k €322,2 €17,3 k €-7,7 k €
Net result32,9 k €60,8 k €15,1 k €76,2 k €-47,4 k €2,3 k €12,3 k €35,2 k €15,5 k €11,7 k €-6,8 k €7,2 k €-12,5 k €18,8 k €2,9 k €7,4 k €18,4 k €-1,8 k €11,8 k €-10,6 k €
Balance sheet
Equity188,3 k €155,4 k €99,6 k €92 k €15,7 k €63,1 k €60,8 k €57,8 k €36,8 k €21,3 k €9,6 k €16,4 k €9,2 k €21,7 k €22,9 k €20 k €30,2 k €11,8 k €13,5 k €1,8 k €
Total assets252,6 k €211,5 k €110,8 k €120,8 k €33,9 k €73,1 k €73,5 k €87 k €45,1 k €29,3 k €15,8 k €42,4 k €17,9 k €33,2 k €26,4 k €73,4 k €52,2 k €40,9 k €43,9 k €52,4 k €
Cash239,1 k €198,1 k €85,9 k €66,7 k €5,1 k €18,3 k €41,8 k €26,7 k €20,6 k €14,9 k €53 €53,2 €53,3 €17,7 k €6,7 k €26 k €3,4 k €11,5 k €12,8 k €11,8 k €
Debts28,9 k €56,1 k €11,2 k €28,8 k €18,1 k €10 k €12,7 k €29,2 k €8,3 k €8 k €6,2 k €25,9 k €8,7 k €11,5 k €3,5 k €53,4 k €21,5 k €28,9 k €30,3 k €50,6 k €
Other
Workforce––––––––––––––––0,4 ETP1,0 ETP1,0 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

CARYA INVEST

Director · since 19 juin 2025 · 0806.671.992

Represented by Patrick Vanbrabandt

Active
TEKKO

Director · since 19 juin 2025 · 0478.063.708

Represented by Didier Passchier

Active
Eric Denne

Director · until 19 juin 2025

Active
Marianne Vandenbussche

Director · until 19 juin 2025

Active

Ended mandates

Marianne Vandenbussche

Director · since 01 juillet 2012

Ended
Marianne Vandenbussche

Manager · since 01 juillet 2012

Ended
Eric Denne

Director · since 09 juillet 2005

Ended
Eric Denne

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date26/05/202602/06/202529/05/202417/05/202301/06/202219/05/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202626/05/2026DutchPDF
Micro model31/12/202420/05/202502/06/2025DutchPDF
Micro model31/12/202321/05/202429/05/2024DutchPDF
Micro model31/12/202216/05/202317/05/2023DutchPDF
Micro model31/12/202117/05/202201/06/2022DutchPDF
Micro model31/12/202018/05/202119/05/2021DutchPDF
Micro model31/12/201919/05/202027/05/2020DutchPDF
Micro model31/12/201821/05/201917/06/2019DutchPDF
Micro model31/12/201715/05/201820/06/2018DutchPDF
Micro model31/12/201616/05/201717/05/2017DutchPDF
Abridged model31/12/201517/05/201620/06/2016DutchPDF
Abridged model31/12/201419/05/201507/07/2015DutchPDF
Abridged model31/12/201320/05/201425/07/2014DutchPDF
Abridged model31/12/201221/05/201312/06/2013DutchPDF
Abridged model31/12/201115/05/201221/06/2012DutchPDF
Abridged model31/12/201017/05/201117/06/2011DutchPDF
Abridged model31/12/200918/05/201025/05/2010DutchPDF
Abridged model31/12/200819/05/200910/07/2009DutchPDF
Abridged model31/12/200720/05/200826/06/2008DutchPDF
Abridged model31/12/200615/05/200726/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

CARYA INVEST

Director · since 19 juin 2025 · 0806.671.992

Represented by Patrick Vanbrabandt

Active
TEKKO

Director · since 19 juin 2025 · 0478.063.708

Represented by Didier Passchier

Active
Eric Denne

Director · until 19 juin 2025

Active
Marianne Vandenbussche

Director · until 19 juin 2025

Active

Ended mandates

Marianne Vandenbussche

Director · since 01 juillet 2012

Ended
Marianne Vandenbussche

Manager · since 01 juillet 2012

Ended
Eric Denne

Director · since 09 juillet 2005

Ended
Eric Denne

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/10/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/08/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202532,9 k €↓
  2. 2024
    Annual accounts 202460,8 k €↑
  3. 2023
    Annual accounts 202315,1 k €↓
  4. 2022
    Annual accounts 202276,2 k €↑
  5. 2022
    Name changeAdmiralSoft
  6. 2021
    Annual accounts 2021-47,4 k €↓
  7. 2021
    Name changeABLE INFORMATIQUE
  8. 2020
    Annual accounts 20202,3 k €↓
  9. 2019
    Annual accounts 201912,3 k €↓
  10. 2018
    Annual accounts 201835,2 k €↑
  11. 2017
    Annual accounts 201715,5 k €↑
  12. 2016
    Annual accounts 201611,7 k €↑
  13. 2015
    Annual accounts 2015-6,8 k €↓
  14. 2014
    Annual accounts 20147,2 k €↑
  15. 2013
    Annual accounts 2013-12,5 k €↓
  16. 2012
    Annual accounts 201218,8 k €↑
  17. 2011
    Annual accounts 20112,9 k €↓
  18. 2010
    Annual accounts 20107,4 k €↓
  19. 2009
    Annual accounts 200918,4 k €↑
  20. 2008
    Annual accounts 2008-1,8 k €↓
  21. 2007
    Annual accounts 200711,8 k €↑
  22. 2006
    Annual accounts 2006-10,6 k €
  23. 20/07/2005
    IncorporationPrivate limited company