ASYSTEMS
ActiveASYSTEMS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €303k and a net result of €46k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 276 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 17.34 against 7.16 in 2023; short-term debt: 4.8% and cash: 25.9% of total assets), and 5.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.8%
Return on assets
14.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
27 d early
2022
25 d early
2021
30 d early
2020
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€303k▲ 17.7%
2023 · €258k
2020: €94k
2021: €156k
2022: €208k
2023: €258k
2020 → 2024
Total assets
€320k▲ 10.3%
2023 · €290k
2020: €137k
2021: €211k
2022: €234k
2023: €290k
2020 → 2024
Net result
€46k▼ 7.0%
2023 · €49k
2020: €76k
2021: €62k
2022: €52k
2023: €49k
2020 → 2024
Working capital
€251k▲ 25.7%
2023 · €200k
2020: €81k
2021: €136k
2022: €170k
2023: €200k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€94k-€156k▲ 66.2%€208k▲ 33.4%€258k▲ 23.6%€303k▲ 17.7%
Operating result€110k-€88k▼ 20.4%€75k▼ 14.3%€69k▼ 7.6%€74k▲ 6.2%
Net result€76k-€62k▼ 17.6%€52k▼ 16.2%€49k▼ 5.9%€46k▼ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320k
Fixed assets
€54k▼ 7.4%
Current assets
€266k▲ 14.7%
Equity and liabilities €320k
Equity
€303k▲ 17.7%
Debt
€17k▼ 48.5%
The debt ratio falls from 11.2% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k▲
2023 · €76k
Cash flow
€56k▲
2023 · €55k
Solvency
94.8%▲
2023 · 88.8%
Current ratio
17.34▲
2023 · 7.16
Quick ratio
17.34▲
2023 · 7.16
Debt / equity
0.06▼
2023 · 0.13
ROE
15.1%▼
2023 · 19.1%
ROA
14.3%▼
2023 · 16.9%
Interest coverage
17.07▼
2023 · 66.44
Debt
€17k▼
2023 · €33k
Debt ≤ 1 year
€15k▼
2023 · €32k
Income taxes
€25k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€290k€320k▲
Fixed assets21/28€58k€54k▼
Tangible fixed assets22/27€58k€54k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€334€204▼
Furniture and vehicles24€29k€30k▲
Leasing and similar rights25€22k€17k▼
Current assets29/58€232k€266k▲
Amounts receivable within one year40/41€33k€8k▼
Trade receivables40€33k€8k▼
Current investments50/53€100k€173k▲
Cash at bank and in hand54/58€97k€83k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€290k€320k▲
Equity10/15€258k€303k▲
Contributions10/11€19k€19k=
Reserves13€239k€285k▲
Distributable reserves133€239k€285k▲
Amounts payable17/49€33k€17k▼
Amounts payable within one year42/48€32k€15k▼
Trade debts44€21k€220▼
Suppliers440/4€21k€220▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€7k€10k▲
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€101€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Other operating charges640/8€872€674▼
Gross operating margin9900€77k€85k▲
Operating profit (loss)9901€69k€74k▲
Financial income75/76B€223€1k▲
Recurring financial income75€223€1k▲
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€68k€70k▲
Income taxes67/77€19k€25k▲
Profit (loss) for the period9904€49k€46k▼
Profit (loss) for the period to be appropriated9905€49k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€46k▼
Transfer to equity691/2€49k€46k▼
To other reserves6921€49k€46k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €46k ▼7%
Net result drops to €46k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 17.34
Current ratio from 7.16 to 17.34; short-term debt falls from €32k to €15k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 7.67
Current ratio from 3.47 to 7.67; short-term debt falls from €55k to €25k.
31-12
Financial
Equity above €200kEq €208k ▲33.4%
3 profitable years in a row build equity to €208k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €156k ▲66.2%
2 profitable years in a row build equity to €156k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brecht · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bethaniënlei 262960 BrechtGround area
3,551 m²
Building footprint
504 m²
Volume, LiDAR
2,688 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASYSTEMS
since 20192.288.743.407
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042B0026/00L002 | Flanders | 2,124 m² | 1 · 279 m² | 10.0 m · 2 fl. |
| 12018A0179/00K002 | Flanders | 1,426 m² | 1 · 225 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRAXGO
BE 0859.624.787
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OPTEC
BE 0449.955.383
Frameries · Eq €307k
iSystems
BE 0864.856.057
Antwerpen · Eq €318k
Isotron Systems Belgium
BE 0882.977.439
Gent · Eq €287k
BEVOLVE
BE 0430.298.532
Denderleeuw · Eq €330k
Of 213 companies in sector 26510 we hold annual accounts for 166. 111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2019
Fiscal year end31-12
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.