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Belgian (BEL20) Software Industry Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies2
  • 7D-2.2%
  • 3M-13.0%
  • 1Y-3.7%
  • YTD-2.6%

Over the last 7 days, the Software industry has dropped 1.7%, driven by declines from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 73% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Dec 2025€245.2m€130.7m-€50,969,000.00n/a-4.8x1.9x
Sat, 15 Nov 2025€261.0m€130.7m-€50,969,000.00n/a-5.1x2x
Mon, 13 Oct 2025€274.2m€130.7m-€50,969,000.00n/a-5.4x2.1x
Wed, 10 Sep 2025€261.9m€130.7m-€50,969,000.00n/a-5.1x2x
Fri, 08 Aug 2025€267.4m€134.7m-€54,412,000.00n/a-4.9x2x
Sun, 06 Jul 2025€247.3m€135.1m-€53,899,000.00n/a-4.6x1.8x
Tue, 03 Jun 2025€268.3m€135.1m-€53,899,000.00n/a-5x2x
Thu, 01 May 2025€241.8m€135.1m-€53,899,000.00n/a-4.5x1.8x
Sat, 29 Mar 2025€268.3m€135.1m-€53,899,000.00n/a-5x2x
Mon, 24 Feb 2025€260.5m€241.9m-€76,468,000.0033.3x-3.4x1.1x
Wed, 22 Jan 2025€250.1m€241.9m-€76,468,000.0034.9x-3.3x1x
Fri, 20 Dec 2024€254.3m€241.9m-€76,468,000.0035.4x-3.3x1.1x
Sun, 17 Nov 2024€248.3m€241.9m-€76,468,000.0030.2x-3.2x1x
Tue, 15 Oct 2024€254.9m€241.9m-€76,468,000.0030.4x-3.3x1.1x
Thu, 12 Sep 2024€254.9m€241.9m-€76,468,000.0033.3x-3.3x1.1x
Sat, 10 Aug 2024€247.1m€241.4m-€80,095,000.0034.2x-3.1x1x
Mon, 08 Jul 2024€236.1m€239.4m-€82,580,000.0097.6x-2.9x1x
Wed, 05 Jun 2024€256.5m€239.4m-€82,580,000.00100.1x-3.1x1.1x
Fri, 03 May 2024€269.8m€239.4m-€82,580,000.0098.6x-3.3x1.1x
Sun, 31 Mar 2024€253.7m€239.4m-€82,580,000.0086.7x-3.1x1.1x
Tue, 27 Feb 2024€218.1m€240.6m-€46,248,000.00171.9x-4.7x0.9x
Thu, 25 Jan 2024€207.1m€240.6m-€46,248,000.00187.2x-4.5x0.9x
Sat, 23 Dec 2023€207.0m€240.6m-€46,248,000.00191.6x-4.5x0.9x
Mon, 20 Nov 2023€207.0m€240.6m-€46,248,000.00211.3x-4.5x0.9x
Wed, 18 Oct 2023€194.7m€240.6m-€46,248,000.00177.4x-4.2x0.8x
Fri, 15 Sep 2023€209.5m€240.6m-€46,248,000.00192.7x-4.5x0.9x
Sun, 13 Aug 2023€264.5m€239.1m-€42,950,000.00208x-6.2x1.1x
Tue, 11 Jul 2023€256.3m€237.7m-€42,250,000.00105.1x-6.1x1.1x
Thu, 08 Jun 2023€281.0m€237.7m-€42,250,000.00112.7x-6.7x1.2x
Sat, 06 May 2023€290.1m€237.7m-€42,250,000.00116.2x-6.9x1.2x
Mon, 03 Apr 2023€295.8m€229.7m-€32,980,000.0053.6x-9x1.3x
Wed, 01 Mar 2023€298.5m€229.7m-€32,980,000.0054.1x-9.1x1.3x
Fri, 27 Jan 2023€318.7m€229.7m-€32,980,000.0055.3x-9.7x1.4x
Sun, 25 Dec 2022€264.2m€229.7m-€32,980,000.0050.1x-8x1.1x
Price to Earnings Ratio

-8x


Total Market Cap: €264.2mTotal Earnings: -€32,980,000.00Total Revenue: €229.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Software Industry Price to Earnings3Y Average -4.9x202320242025
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 deteriorated over the last three years.
  • Revenues have also declined 17% per year.
  • This means overall sales from these companies are declining and losses are subsequently expanding as well.

Industry Trends

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

BE Market1.37%
Tech-2.77%
Software-2.16%
Application Software-2.16%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 73% over the next 5 years.
    • In contrast, the Application Software industry is expected to see its earnings grow by 73% 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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