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Earthsystemics

Active
Private limited companyfounded 20206 yrs activeRue du Progrès 33, 1410 Waterloo, BelgiumKBO/BCE: BE 0747.617.897

Earthsystemics has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €-12k. Equity is shrinking by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
66 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency93▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.57 in 2024; short-term debt: 32% and cash: 35.7% of total assets), and 32% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68%
Return on assets
-21.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year €-12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
27 d late
2024
31 d late
2023
29 d late
2022
31 d late
2021
1 d late
2020
312 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€38k▼ 23.8%
2024 · €49k
2020: €62k 2021: €85k 2022: €80k 2023: €67k 2024: €49k
2020 → 2025
Total assets
€55k▼ 13.5%
2024 · €64k
2020: €89k 2021: €121k 2022: €188k 2023: €93k 2024: €64k
2020 → 2025
Net result
€-12k▲ 34.6%
2024 · €-18k
2020: €57k 2021: €24k 2022: €56k 2023: €-12k 2024: €-18k
2020 → 2025
Working capital
€17k▼ 25.0%
2024 · €23k
2020: €38k 2021: €73k 2022: €78k 2023: €36k 2024: €23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€85k-€80k▼ 6.4%€67k▼ 15.5%€49k▼ 26.6%€38k▼ 23.8%
Operating result€28k-€80k▲ 182%€-12k€-17k▼ 46.6%€-10k▲ 40.8%
Net result€24k-€56k▲ 133%€-12k€-18k▼ 45.8%€-12k▲ 34.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2021: €28k€28kNet result 2021: €24k€24kOperating result 2022: €80k€80kNet result 2022: €56k€56kOperating result 2023: €-12k€-12kNet result 2023: €-12k€-12kOperating result 2024: €-17k€-17kNet result 2024: €-18k€-18kOperating result 2025: €-10k€-10kNet result 2025: €-12k€-12k20212022202320242025
The operating result stays negative: a loss of €10k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets €20k▼ 22.7%
Current assets €35k▼ 7.1%
Equity and liabilities €55k
Equity €38k▼ 23.8%
Debt €18k▲ 21.2%
The debt ratio rises from 22.9% to 32.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2k
2024 · €-9k
Cash flow
€-4k
2024 · €-10k
Solvency
68.0%
2024 · 77.1%
Current ratio
1.97
2024 · 2.57
Quick ratio
1.97
2024 · 2.57
Debt / equity
0.47
2024 · 0.30
ROE
-31.2%
2024 · -36.3%
ROA
-21.2%
2024 · -28.0%
Interest coverage
-1.77
2024 · -59.10
Debt
€18k
2024 · €15k
Debt ≤ 1 year
€18k
2024 · €15k
Income taxes
€203
2024 · €594
Staff costs
€640
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€64k€55k
Fixed assets21/28€26k€20k
Tangible fixed assets22/27€26k€20k
Furniture and vehicles24€26k€20k
Financial fixed assets28-€1
Current assets29/58€38k€35k
Amounts receivable within one year40/41€27k€14k
Trade receivables40€13k€4k
Other amounts receivable41€14k€10k
Cash at bank and in hand54/58€10k€20k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€64k€55k
Equity10/15€49k€38k
Contributions10/11€5k€5k=
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-11k€-23k
Amounts payable17/49€15k€18k
Amounts payable within one year42/48€15k€18k
Trade debts44€4k€2k
Suppliers440/4€4k€2k
Taxes, remuneration and social security45€2k€321
Taxes450/3€2k€321
Other amounts payable47/48€9k€15k
Income statement Code20242025
Non-recurring operating income76A€10k€0
Remuneration, social security and pensions62-€640
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k
Other operating charges640/8€1k€571
Gross operating margin9900€-8k€-1k
Operating profit (loss)9901€-17k€-10k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€160€1k
Recurring financial charges65€160€1k
Profit (loss) for the period before taxes9903€-17k€-12k
Income taxes67/77€594€203
Profit (loss) for the period9904€-18k€-12k
Profit (loss) for the period to be appropriated9905€-18k€-12k
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-23k
Profit (loss) brought forward from the previous period14P€7k€-11k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
01-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
08-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 312 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Rue du Progrès 331410 Waterloo
Ground area
2,790 m²
Building footprint
114 m²
Volume, LiDAR
854 m³
Parcel 25110S0266/00G000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Earthsystemics
Rue du Progrès 33, 1410 WaterlooActivities of head offices; management consultancy activities
since 20202.303.213.134
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25110S0266/00G000 Wallonia 2,790 m² 1 · 114 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 36,282 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-05-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.