SYSECO
ActiveSYSECO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284k and a net result of €8k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 1408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 4.95 in 2024; short-term debt: 22% and cash: 10.7% of total assets), and 22% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
78%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
26 d late
2023
33 d early
2022
25 d late
2021
16 d early
2020
5 d early
2019
35 d early
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€185k
EBIT margin
13.0%
Net result
€8k▼ 74.6%
2024 · €32k
2018: €41k
2019: €-5k
2020: €50k
2021: €53k
2022: €35k
2023: €37k
2024: €32k
2018 → 2025
Working capital
€97k▼ 43.5%
2024 · €171k
2018: €2k
2019: €-279
2020: €61k
2021: €116k
2022: €163k
2023: €198k
2024: €171k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€185k
Equity€172k-€207k▲ 20.5%€244k▲ 17.8%€276k▲ 13.1%€284k▲ 2.9%
Operating result€69k-€49k▼ 28.8%€53k▲ 6.7%€43k▼ 18.6%€24k▼ 43.9%
Net result€53k-€35k▼ 32.9%€37k▲ 4.7%€32k▼ 13.2%€8k▼ 74.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets
€188k▲ 78.5%
Current assets
€177k▼ 17.5%
Equity and liabilities €365k
Equity
€284k▲ 2.9%
Debt
€80k▲ 84.5%
The debt ratio rises from 13.6% to 22.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €56k
Cash flow
€25k▼
2024 · €45k
Solvency
78.0%▼
2024 · 86.4%
Current ratio
2.21▼
2024 · 4.95
Quick ratio
2.21▼
2024 · 4.95
Debt / equity
0.28▲
2024 · 0.16
ROE
2.9%▼
2024 · 11.6%
ROA
2.2%▼
2024 · 10.0%
Interest coverage
51.57▼
2024 · 61.33
Debt
€80k▲
2024 · €44k
Debt ≤ 1 year
€80k▲
2024 · €43k
Income taxes
€15k▲
2024 · €14k
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€320k€365k▲
Formation expenses20-€0
Fixed assets21/28€105k€188k▲
Tangible fixed assets22/27€105k€188k▲
Land and buildings22€27k€152k▲
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€21k€16k▼
Other tangible fixed assets26€18k€13k▼
Assets under construction and advance payments27€33k€0▼
Current assets29/58€215k€177k▼
Amounts receivable after more than one year29-€0
Other amounts receivable291-€0
Amounts receivable within one year40/41€93k€137k▲
Trade receivables40€16k€47k▲
Other amounts receivable41€77k€91k▲
Cash at bank and in hand54/58€120k€39k▼
Deferred charges and accrued income490/1€1k€537▼
Equity and liabilities
Total equity and liabilities10/49€320k€365k▲
Equity10/15€276k€284k▲
Contributions10/11€22k€22k=
Capital10€20k-
Issued capital100€20k-
Outside capital11€2k€22k▲
Other1109/19€2k€22k▲
Reserves13€233k€241k▲
Tax-exempt reserves132€5k€5k=
Distributable reserves133€229k€237k▲
Profit (loss) carried forward14€21k€21k=
Amounts payable17/49€44k€80k▲
Amounts payable within one year42/48€43k€80k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€5k€54k▲
Suppliers440/4€5k€54k▲
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€37k€26k▼
Taxes450/3€37k€26k▼
Remuneration and social security454/9-€0
Accrued charges and deferred income492/3€140€0▼
Income statement
Code20242025
Turnover70-€185k
Goods, raw materials, services and sundry goods60/61-€137k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€5k€18k▲
Gross operating margin9900€61k€58k▼
Operating profit (loss)9901€43k€24k▼
Financial income75/76B€4k€85▼
Recurring financial income75€4k€85▼
Financial charges65/66B€914€790▼
Recurring financial charges65€914€790▼
Profit (loss) for the period before taxes9903€46k€23k▼
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€32k€8k▼
Profit (loss) for the period to be appropriated9905€32k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€29k▼
Profit (loss) brought forward from the previous period14P€21k€21k=
Transfer to equity691/2€32k€8k▼
To other reserves6921€32k€8k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 14.74
Current ratio from 7.22 to 14.74; short-term debt falls from €19k to €12k.
31-12
Financial
Equity above €200kEq €207k ▲20.5%
3 profitable years in a row build equity to €207k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €53k ▲4.9%
Operating result €69k, net result €53k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.22
Current ratio from 1.94 to 7.22; short-term debt falls from €65k to €19k.
31-12
Financial
Equity above €150kEq €172k ▲43.9%
2 profitable years in a row build equity to €172k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Equity above €100kEq €120k ▲72%
Equity rises from €70k to €120k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-5k ▼111%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2006
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.
Georges Lorandstraat 11050 ElseneGround area
67 m²
Building footprint
67 m²
Volume, LiDAR
774 m³
Parcel 21009A0957/00M000, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SYSECO
since 20062.157.771.136
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0957/00M000 | Brussels | 66 m² | 1 · 66 m² | 15.1 m · 4 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
Projects4Apps
BE 0634.603.197
Hechtel-Eksel · Eq €284k
Asconit
BE 0896.810.035
Peer · Eq €284k
COSMICO
BE 0823.075.682
Steenokkerzeel · Eq €284k
Bella Palooza
BE 0786.817.973
Kontich · Eq €284k
SCIPIO CONSULTING
BE 0473.224.990
Putte · Eq €284k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 13,887 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2006
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.