Silverfin

Silverfin

Cloud working papers and compliance platform for accounting firms, founded in Belgium and used by 28 of the country’s top 30 firms; sold to Visma in 2023 for an undisclosed price.

Founded2013, Ghent, Belgium
FoundersJoris Van Der Gucht (accountant), Tim Vandecasteele (software architect)
OwnershipVisma since September 2023, acquired from Hg; price not disclosed
Customers28 of Belgium’s top 30 firms; firms across the UK, Netherlands, Luxembourg and Denmark
What it doesStandardised working papers, accounts production, corporation tax and compliance templates on a connected data layer pulling from client ledgers, with AI assistance for review
Recent movesIntegration into Visma’s European accounting portfolio; expansion of UK accounts production and tax templates
PricingPer firm, by client volume; not published
MarketsBelgium, UK, Netherlands, Luxembourg, Nordics
PeersCaseware, IRIS Software Group, Bright, Karbon, DataSnipper

Why it matters

Silverfin’s 2023 sale to Visma put the working-papers layer inside a group that already owns much of Nordic and Benelux accounting. For UK firms it is the main cloud alternative to IRIS and Caseware for compliance work.

Part of Accountio’s accounting technology coverage.