Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HYBRID Software Development from Merelbeke-Melle, company number BE0889922639, closed financial year 2025 with a result of € -151,824 after tax. For that financial year HYBRID Software Development recorded revenue of € 13.5 million and equity of € 10.4 million. Compared with financial year 2024, the result moved from € -1.8 million to € -151,824. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 10.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -151,824
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 334,723
▲ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
32.9
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 8% vs 2024
€ 93,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 157,307
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.1 million
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 1 million
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 648,648
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,230,630 | € 10,769,060 | € 10,840,016 | € 13,530,872 | ▲ 25% |
| Profit after taxes | € 108,422 | € 57,745 | € -1,779,765 | € -151,824 | ▲ € 1.6 million |
| Equity | € 12,317,224 | € 12,374,969 | € 10,595,204 | € 10,443,380 | ▼ 1% |
| Total debts | € 16,487,817 | € 12,468,063 | € 10,987,864 | € 9,725,561 | ▼ 11% |
| Cash | € 64,730 | € 347,734 | € 211,783 | € 334,723 | ▲ 58% |
| Retained profit | € 167,224 | € 224,969 | € -1,554,796 | € -1,706,620 | ▼ € 151,824 |
| Bank debt | € 8,092,800 | € 7,800,000 | € 8,260,000 | € 4,140,000 | ▼ 50% |
| Balance sheet total | € 28,805,041 | € 24,843,032 | € 21,583,068 | € 20,168,941 | ▼ 7% |
| Employees (FTE) | 25.5 | 28.1 | 30.2 | 32.9 | ▲ 2.7 |
Key figures of HYBRID Software Development, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HYBRID Software Development?
What happened at HYBRID Software Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bellevarde Financial BV stepped down as director. NBB
- PC Solutions NV stepped down as director. NBB
- Powergraph BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 151,824. Source: NBB ↗
- PC Solutions NV became a director. NBB
- Bellevarde Financial BV became a director. NBB
- Powergraph BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 108,422 profit in 2022 to € 151,824 loss in 2025.
Paid € 24,542 in corporate taxes since 2022.
Best year ever: 2022, with € 108,422 profit.
Pays suppliers within 54 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Hybrid Softwhare Group SARL (100%). It owns 100% of HYBRID Software France SAS, 100% of HYBRID Software BrandZ, 100% of HYBRID Software GmbH, 100% of HYBRID Software Australia Pty. Ltd., 100% of Hybrid Software LLC and 100% of Conics itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Joachim Van Hemelen
Also active at: HYBRID Software BrandZ, eXplio, Hybrid Software, Designboard
since 2023 · until 2029
since 2024 · until 2029
Managing director · represented by Guido Van der Schueren
Also active at: HYBRID Software BrandZ, eXplio, Keyware Technologies, REYNESCO INVEST, 3D-SIDE, EasyOrder, CONICS, Hybrid Software +1 more
since 2023 · until 2029
Shareholders
Hybrid Softwhare Group SARL
100%
Participations
HYBRID Software France SAS
100%
HYBRID Software GmbH
100%
HYBRID Software Australia Pty. Ltd.
100%
Hybrid Software LLC
100%
100%
HYBRID Software Iberia SLU
100%
HYBRID Software Italy SRL
100%
100%
Establishments
Establishment units
Physical locations of this company
Guldensporenpark 18
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
hybridsoftware.com
Registered
2010-01-24
Registrar
DomainSpot LLC
Expires
2030-01-24
Website info
Features
Security
Details
- Company number
- 0889.922.639
- VAT number
- BE 0889.922.639
- Registered office
- Guldensporenpark 18, 9820 Merelbeke-Melle
- Names & denominations
- HYBRID Software Development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 June 2007
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- hybridsoftware.com [email protected]
- Activities · NACE
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