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Belgian (BEL20) Software Industry Analysis

UpdatedMay 28, 2026
DataAggregated Company Financials
Companies2
  • 7D-5.7%
  • 3M-17.2%
  • 1Y-17.3%
  • YTD-13.8%

In the last week, the Software industry is up 2.1%, with Hybrid Software Group up 2.0%. During this same period, the Banqup Group underperformed, falling 5.2%. In the past year, the industry is down 7.3%. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

Has the Belgian Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 May 2026€216.4m€106.0m-€34,018,000.0032.2x-6.4x2x
Sat, 25 Apr 2026€218.9m€106.0m-€34,018,000.0029.9x-6.4x2.1x
Mon, 23 Mar 2026€242.4m€106.0m-€34,018,000.0029.2x-7.1x2.3x
Wed, 18 Feb 2026€271.2m€130.7m-€50,969,000.00n/a-5.3x2.1x
Fri, 16 Jan 2026€256.0m€130.7m-€50,969,000.00n/a-5x2x
Sun, 14 Dec 2025€256.5m€130.7m-€50,969,000.00n/a-5x2x
Tue, 11 Nov 2025€253.3m€130.7m-€50,969,000.00n/a-5x1.9x
Thu, 09 Oct 2025€271.3m€130.7m-€50,969,000.00n/a-5.3x2.1x
Sat, 06 Sep 2025€267.8m€130.7m-€50,969,000.00n/a-5.3x2x
Mon, 04 Aug 2025€276.4m€134.7m-€54,412,000.00n/a-5.1x2.1x
Wed, 02 Jul 2025€248.3m€135.1m-€53,899,000.00n/a-4.6x1.8x
Fri, 30 May 2025€263.9m€135.1m-€53,899,000.00n/a-4.9x2x
Sun, 27 Apr 2025€244.1m€135.1m-€53,899,000.00n/a-4.5x1.8x
Tue, 25 Mar 2025€265.2m€135.1m-€53,899,000.00n/a-4.9x2x
Thu, 20 Feb 2025€255.7m€241.9m-€76,468,000.0034x-3.3x1.1x
Sat, 18 Jan 2025€254.9m€241.9m-€76,468,000.0035.6x-3.3x1.1x
Mon, 16 Dec 2024€267.3m€241.9m-€76,468,000.0037.7x-3.5x1.1x
Wed, 13 Nov 2024€243.1m€241.9m-€76,468,000.0029.5x-3.2x1x
Fri, 11 Oct 2024€251.5m€241.9m-€76,468,000.0032x-3.3x1x
Sun, 08 Sep 2024€250.5m€241.9m-€76,468,000.0030.9x-3.3x1x
Tue, 06 Aug 2024€226.7m€241.4m-€80,095,000.0032.5x-2.8x0.9x
Thu, 04 Jul 2024€230.2m€239.4m-€82,580,000.0097.1x-2.8x1x
Sat, 01 Jun 2024€256.2m€239.4m-€82,580,000.0099.6x-3.1x1.1x
Mon, 29 Apr 2024€255.4m€239.4m-€82,580,000.0090.2x-3.1x1.1x
Wed, 27 Mar 2024€239.8m€239.4m-€82,580,000.0084.7x-2.9x1x
Fri, 23 Feb 2024€217.8m€240.6m-€46,248,000.00167.5x-4.7x0.9x
Sun, 21 Jan 2024€201.1m€240.6m-€46,248,000.00182.9x-4.3x0.8x
Tue, 19 Dec 2023€200.3m€240.6m-€46,248,000.00180.7x-4.3x0.8x
Thu, 16 Nov 2023€206.1m€240.6m-€46,248,000.00204.8x-4.5x0.9x
Sat, 14 Oct 2023€194.7m€240.6m-€46,248,000.00177.4x-4.2x0.8x
Mon, 11 Sep 2023€222.6m€240.6m-€46,248,000.00182.9x-4.8x0.9x
Wed, 09 Aug 2023€267.6m€239.1m-€42,950,000.00208x-6.2x1.1x
Fri, 07 Jul 2023€256.1m€237.7m-€42,250,000.00104.1x-6.1x1.1x
Sun, 04 Jun 2023€272.0m€237.7m-€42,250,000.00110.2x-6.4x1.1x
Price to Earnings Ratio

-6.4x


Total Market Cap: €272.0mTotal Earnings: -€42,250,000.00Total Revenue: €237.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Software Industry Price to Earnings3Y Average -4.5x202420252026
Current Industry PE
    There are only 2 companies in the Belgian Software industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Software industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 24% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

Which industries have driven the changes within the Belgian Tech industry?

BE Market1.92%
Tech1.38%
Software-5.75%
Application Software-5.75%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 52% over the next 5 years.
    • In contrast, the Application Software industry is expected to see its earnings grow by 52% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    No data available

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